Is Diamante Montessori School Legit?

Quick charity verification for Diamante Montessori School (EIN: 161618391)

Verdict: Diamante Montessori School appears trustworthy

90/100Mission Score
$447KRevenue
$707KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Diamante Montessori School demonstrates consistent financial activity, with revenues generally exceeding expenses, indicating a stable operational model. For example, in 202407, revenue was $422,764 against expenses of $395,578. The organization's assets have shown growth over time, reaching $753,104 in 202407, though there was a notable increase in liabilities in 202307 to $414,384, which then decreased in 202407 to $296,708. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. The organization's financial health appears sound, with a history of positive net income in most years, contributing to asset accumulation. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation is a strong indicator of efficient resource allocation. The fluctuations in liabilities warrant attention, but the overall trend points to a well-managed, albeit small, educational institution. The consistent filing of IRS 990s over 14 periods further underscores a commitment to transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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