Quick charity verification for Lake Country Montessori Inc (EIN: 141838673)
Verdict: Lake Country Montessori Inc appears trustworthy
85/100Mission Score
$353KRevenue
$63KAssets
1Red Flags
4Strengths
Red Flags
Fluctuating asset base over time
Strengths
Consistent 0% officer compensation
Recent positive net income in 202308 ($65,738 surplus)
Significant reduction in liabilities from 202108 to 202308
Strong revenue growth in recent periods
Spending Breakdown
How Lake Country Montessori Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Lake Country Montessori Inc
Is Lake Country Montessori Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Country Montessori Inc (EIN: 141838673) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Lake Country Montessori Inc a good charity to donate to?
Lake Country Montessori Inc has a Mission Score of 85/100. Revenue: $353K. Assets: $63K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lake Country Montessori Inc?
The Employer Identification Number (EIN) for Lake Country Montessori Inc is 141838673. 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 Lake Country Montessori Inc spend its money?
Lake Country Montessori Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lake Country Montessori Inc's tax-exempt status?
You can verify Lake Country Montessori Inc's tax-exempt status using EIN 141838673 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
Lake Country Montessori Inc demonstrates a generally stable financial position with recent growth in revenue. In the 202308 period, the organization reported revenues of $378,183 against expenses of $312,445, indicating a surplus. This marks a significant improvement from previous years, such as 202108 and 202008, where expenses exceeded revenue. The organization's assets have fluctuated, reaching a high of $204,796 in 201908 and currently standing at $68,385 in 202308. Liabilities have also varied, with a notable decrease from $113,369 in 202108 to $30,215 in 202308, which is a positive trend.
The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation suggests a lean operational structure. The overall financial health appears to be improving, with recent periods showing a positive net income and a reduction in liabilities.