Is Montessori School Of Louisville Inc…

Quick charity verification for Montessori School Of Louisville Inc (EIN: 204212134)

Strengths

Consistent operating surpluses, indicating sound financial management and sustainability (e.g., $474,595 surplus in 2023).
Significant asset growth over the past decade, from $560,983 in 2014 to $2,340,034 in 2023, strengthening its financial foundation.
Revenue growth from $1,369,737 in 2014 to $2,491,025 in 2023, demonstrating increasing support and operational scale.
Liabilities are well-managed relative to assets, indicating good solvency (e.g., $506,334 liabilities vs. $2,340,034 assets in 2023).

Spending Breakdown

How Montessori School Of Louisville 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

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 Montessori School Of Louisville Inc

Is Montessori School Of Louisville Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Montessori School Of Louisville Inc (EIN: 204212134) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

Is Montessori School Of Louisville Inc a good charity to donate to?

Montessori School Of Louisville Inc has a Mission Score of 88/100. Revenue: $2.6M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Montessori School Of Louisville Inc?

The Employer Identification Number (EIN) for Montessori School Of Louisville Inc is 204212134. 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 Montessori School Of Louisville Inc spend its money?

Montessori School Of Louisville Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Montessori School Of Louisville Inc's tax-exempt status?

You can verify Montessori School Of Louisville Inc's tax-exempt status using EIN 204212134 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

Montessori School Of Louisville Inc demonstrates a generally healthy financial position with consistent revenue growth and positive net assets over the past decade. In the latest filing (202306), the organization reported revenues of $2,491,025 against expenses of $2,016,430, resulting in a significant surplus. This trend of operating surpluses is evident in most recent years, contributing to a steady increase in assets from $560,983 in 2014 to $2,340,034 in 2023. The organization's liabilities have also grown but at a slower pace than assets, indicating sound financial management and solvency.

Spending efficiency appears strong, with expenses consistently lower than revenues in recent periods, allowing for asset accumulation. The absence of reported officer compensation across all filings suggests that executive leadership may be compensated through other means or that the organization operates with a volunteer leadership structure, which can be a positive indicator of resource allocation directly to mission-related activities. However, without a detailed functional expense breakdown, it's challenging to precisely determine the exact percentages allocated to programs, administration, and fundraising. The consistent growth in assets and revenue, coupled with controlled expenses, points to a well-managed and financially stable entity.

Transparency is generally good given the availability of 990 filings. The consistent reporting of zero officer compensation is a notable point, though further detail on how leadership is compensated (if at all) would enhance full transparency. The organization's financial trajectory suggests a commitment to its mission, as evidenced by its ability to generate surpluses and grow its asset base, which provides a stronger foundation for future program delivery.

Is Montessori School Of Louisville Inc Legit?

Verdict: Montessori School Of Louisville Inc appears trustworthy

Red Flags