Quick charity verification for K Step Montessori Inc (EIN: 200406835)
Verdict: K Step Montessori Inc appears trustworthy
85/100Mission Score
$3.7MRevenue
$993KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits granular efficiency analysis.
Strengths
Strong and consistent revenue growth, particularly in recent years (e.g., $821,996 in 2021 to $3,714,685 in 2024).
Consistent financial surpluses, with revenue exceeding expenses in most periods (e.g., $3,714,685 revenue vs. $3,315,118 expenses in 2024).
Significant growth in assets, from $277,553 in 2021 to $895,531 in 2024, indicating increasing financial capacity.
Very low liabilities relative to assets, suggesting a healthy balance sheet and minimal debt burden.
0% reported officer compensation across all filings, indicating a high level of dedication to the mission and efficient use of funds.
Spending Breakdown
How K Step Montessori Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about K Step Montessori Inc
Is K Step Montessori Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, K Step Montessori Inc (EIN: 200406835) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is K Step Montessori Inc a good charity to donate to?
K Step Montessori Inc has a Mission Score of 85/100. Revenue: $3.7M. Assets: $993K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for K Step Montessori Inc?
The Employer Identification Number (EIN) for K Step Montessori Inc is 200406835. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does K Step Montessori Inc spend its money?
K Step Montessori Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify K Step Montessori Inc's tax-exempt status?
You can verify K Step Montessori Inc's tax-exempt status using EIN 200406835 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
K Step Montessori Inc. demonstrates a strong financial trajectory, particularly in recent years, with revenue growing from $821,996 in 2021 to $3,714,685 in 2024. The organization consistently operates with a surplus, as seen in the 2024 period where revenue of $3,714,685 exceeded expenses of $3,315,118, resulting in a net gain. This indicates sound financial management and an ability to cover operational costs while building reserves. The organization's assets have also shown significant growth, increasing from $277,553 in 2021 to $895,531 in 2024, further solidifying its financial position.
Spending efficiency appears to be robust, with a consistent pattern of expenses being well-managed relative to revenue. The organization's liabilities have remained relatively low compared to its assets, suggesting a healthy balance sheet. For instance, in 2024, liabilities were only $43,953 against assets of $895,531. A notable aspect of K Step Montessori Inc.'s transparency is the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is not drawing salaries, which can be a positive indicator of dedication to the mission and efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.