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Cedar River Montessori School

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Primary, Elementary Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its Aug. 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$2.63M (2023)

Expenses
$2.8M (2023)

Total Assets
$1.79M (2023)

Total Liabilities
$724k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,632,529
Expenses
$2,798,320
Net Income
-$165,791
Net Assets
$1,065,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,906
2.9%
Program Services $2,534,136
96.3%
Investment Income $26,826
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$6,533
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,194
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,427
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,529,509
54.7%
Assets/Debt
Total Assets $1,789,208
Total Liabilities $723,524
Net Assets $1,065,684
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Erin Karnofski (Head Of School) $103,132 $0 $11,592
Jill Pugh (President) $0 $0 $0
Schuyler Reid (Vice President) $0 $0 $0
Emily Stumpf (Treasurer) $0 $0 $0
Renae Howard (Secretary) $0 $0 $0
Sephy Elizai (Director) $0 $0 $0
Carol Husmann (Director) $0 $0 $0
Matt Weiner (Director) $0 $0 $0
Tom Darlow (Director (Until 2/23)) $0 $0 $0
Noah Prince (Director (Until 12/22)) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,062,195
Expenses
$2,354,457
Net Income
$707,738
Net Assets
$1,231,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $969,435
31.7%
Program Services $2,089,517
68.2%
Investment Income $345
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $1,405
0.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,493
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $110,632
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,321,018
56.1%
Assets/Debt
Total Assets $1,810,570
Total Liabilities $579,095
Net Assets $1,231,475
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Erin Karnofski (Head Of School) $98,020 $0 $9,176
Tom Darlow (Board President) $0 $0 $0
Jill Pugh (Board Vice President) $0 $0 $0
Emily Bogardus (Board Treasurer) $0 $0 $0
Renae Howard (Board Secretary) $0 $0 $0
Sephy Elizai (Director) $0 $0 $0
Noah Prince (Director) $0 $0 $0
Schuyler Reid (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,039,624
Expenses
$2,086,685
Net Income
-$47,061
Net Assets
$523,737
Notable Sources of Revenue Percent of Total Revenue
Contributions $389,385
19.1%
Program Services $1,667,420
81.8%
Investment Income $779
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$10,462
Sales of Assets -$9,367
Net Inventory Sales $0
Other Revenue $1,869
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $103,468
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,217,098
58.3%
Assets/Debt
Total Assets $1,732,021
Total Liabilities $1,208,284
Net Assets $523,737
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Erin Karnofski (Head Of School) $98,925 $0 $8,333
Tom Darlow (Board President) $0 $0 $0
Emily Bogardus (Board Treasurer) $0 $0 $0
Barbara Chattin Mcnichols (Board Secretary) $0 $0 $0
Noah Prince (Director) $0 $0 $0
Paige Baublitz Watkins (Director) $0 $0 $0
Sephy Elizai (Director) $0 $0 $0
Staci Vanderpol (Director) $0 $0 $0
Crystal Goodwin (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,852,423
Expenses
$1,882,927
Net Income
-$30,504
Net Assets
$570,798
Notable Sources of Revenue Percent of Total Revenue
Contributions $44,532
2.4%
Program Services $1,805,744
97.5%
Investment Income $2,106
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$3,157
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,198
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $103,655
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $990,534
52.6%
Assets/Debt
Total Assets $1,813,646
Total Liabilities $1,242,848
Net Assets $570,798
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Karnofski (Head Of School) $88,186 $0 $7,993
Tom Darlow (Board President) $0 $0 $0
Scott Manson (Board Treasurer) $0 $0 $0
Barbara Chattin Mcnichols (Board Secretary) $0 $0 $0
Kathy Imahara (Director) $0 $0 $0
Noah Prince (Director) $0 $0 $0
Paige Baublitz Watkins (Director) $0 $0 $0
Sephy Elizai (Director) $0 $0 $0
Staci Vanderpol (Director) $0 $0 $0
Crystal Goodwin (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,948,144
Expenses
$1,828,546
Net Income
$119,598
Net Assets
$601,302
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,326
2.1%
Program Services $1,788,705
91.8%
Investment Income $3,909
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $93,141
4.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,063
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $85,105
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,015,084
55.5%
Assets/Debt
Total Assets $1,576,735
Total Liabilities $975,433
Net Assets $601,302

Document Links

Fiscal Year Ending Aug.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,856,850
Expenses
$1,769,412
Net Income
$87,438
Net Assets
$481,704
Notable Sources of Revenue Percent of Total Revenue
Contributions $121,782
6.6%
Program Services $1,742,616
93.8%
Investment Income $1,036
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$8,584
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $81,813
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $950,155
53.7%
Assets/Debt
Total Assets $1,443,240
Total Liabilities $961,536
Net Assets $481,704

Document Links

Fiscal Year Ending Aug.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,784,080
Expenses
$1,632,468
Net Income
$151,612
Net Assets
$394,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $97,534
5.5%
Program Services $1,691,689
94.8%
Investment Income $495
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$5,638
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,006
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $886,229
54.3%
Assets/Debt
Total Assets $1,399,058
Total Liabilities $1,004,792
Net Assets $394,266
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Erin Karnofski (Head Of School) $73,127 $0 $7,621
Charis Sharp (Former Head Of School) $19,994 $0 $768
Crystal Pearson (Board Member) $0 $0 $0
Hans Reifenrath (Board Member) $0 $0 $0
Jim Wendle (Treasurer) $0 $0 $0
Kathryn Imahara (Board President) $0 $0 $0
Liz Clayworth Scott (Board Member) $0 $0 $0
Monica Hoffer (Treasurer) $0 $0 $0
Sherrie Marston (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,624,025
Expenses
$1,484,720
Net Income
$139,305
Net Assets
$242,654
Notable Sources of Revenue Percent of Total Revenue
Contributions $94,771
5.8%
Program Services $1,528,609
94.1%
Investment Income $507
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $138
0.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $83,180
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $863,855
58.2%
Assets/Debt
Total Assets $1,352,339
Total Liabilities $1,109,685
Net Assets $242,654
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Charis Sharp (Head Of School) $74,313 $0 $9,263
Kathryn Imahara (Board President) $0 $0 $0
Crystal Pearson (Board Member) $0 $0 $0
Jim Wendle (Treasurer) $0 $0 $0
Sherrie Marston (Secretary) $0 $0 $0
Hans Reifenrath (Board Member) $0 $0 $0
Liz Clayworth Scott (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,267,956
Expenses
$1,402,829
Net Income
-$134,873
Net Assets
$103,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $76,820
6.1%
Program Services $1,384,084
> 100%
Investment Income $456
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$16,273
Sales of Assets -$177,131
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $83,078
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $777,205
55.4%
Assets/Debt
Total Assets $1,217,069
Total Liabilities $1,113,720
Net Assets $103,349
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Charis Sharp (Head Of School) $71,662 $0 $9,716
Kathryn Imahara (Board President) $0 $0 $0
Crystal Pearson (Board Member) $0 $0 $0
Jim Wendle (Treasurer) $0 $0 $0
Sherrie Marston (Secretary) $0 $0 $0
Hans Reifenrath (Board Member) $0 $0 $0
Liz Clayworth Scott (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,349,188
Expenses
$1,268,974
Net Income
$80,214
Net Assets
$238,222
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,592
5.6%
Program Services $1,273,920
94.4%
Investment Income $462
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$786
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $88,629
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $664,276
52.3%
Assets/Debt
Total Assets $765,687
Total Liabilities $527,465
Net Assets $238,222
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Charis Sharp (Head Of School) $78,258 $0 $10,065
Kathryn Imahara (Board President) $0 $0 $0
Crystal Pearson (Board Member) $0 $0 $0
Jim Wendle (Treasurer) $0 $0 $0
Sherrie Marston (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,280,558
Expenses
$1,256,356
Net Income
$24,202
Net Assets
$158,008
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,496
6.1%
Program Services $1,205,002
94.1%
Investment Income $452
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$3,392
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $142,684
11.4%
Professional Fundraising Fees $0
Other Salaries and Wages $622,576
49.6%
Assets/Debt
Total Assets $731,012
Total Liabilities $573,004
Net Assets $158,008

Document Links

Fiscal Year Ending Aug.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,212,666
Expenses
$1,178,623
Net Income
$34,043
Net Assets
$133,807
Notable Sources of Revenue Percent of Total Revenue
Contributions $35,795
3.0%
Program Services $1,143,096
94.3%
Investment Income $589
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $33,186
2.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $120,415
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $568,371
48.2%
Assets/Debt
Total Assets $723,936
Total Liabilities $590,129
Net Assets $133,807

Document Links

Fiscal Year Ending Aug.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,166,970
Expenses
$1,197,449
Net Income
-$30,479
Net Assets
$97,768
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,087
2.1%
Program Services $1,084,115
92.9%
Investment Income $830
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $57,938
5.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $135,003
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $571,402
47.7%
Assets/Debt
Total Assets $776,633
Total Liabilities $678,865
Net Assets $97,768

Document Links

Fiscal Year Ending Aug.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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