Chicago Montessori Nfp

Chicago Montessori Nfp maintains stable finances with no reported executive compensation.

EIN: 201032269 · Chicago, IL · NTEE: B21 · Updated: 2026-03-28

$2.0MRevenue
$1.2MAssets
92/100Mission Score (Excellent)
B21
Chicago Montessori Nfp Financial Summary
MetricValue
Total Revenue$2.0M
Total Expenses$2.0M
Program Spending90%
CEO/Top Officer Pay$2
Net Assets$323K
Transparency Score92/100

Is Chicago Montessori Nfp Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Chicago Montessori Nfp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Chicago Montessori Nfp

Chicago Montessori Nfp (EIN: 201032269) is a nonprofit organization based in Chicago, IL, classified under NTEE code B21. The organization reported total revenue of $2.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chicago Montessori Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Chicago Montessori Nfp is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.0M
Total Expenses$2.0M
Surplus / Deficit+$3K
Total Assets$965K
Total Liabilities$642K
Net Assets$323K
Operating Margin0.1%
Debt-to-Asset Ratio66.5%
Months of Reserves5.8 months

Financial Health Grade: A

In 2023, Chicago Montessori Nfp reported a surplus of $3K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 66.5% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Chicago Montessori Nfp's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+13.4%+12.0%+55.8%
2022+17.3%+11.9%+4.3%
2021-16.8%+3.4%-6.6%
2020+12.4%-3.1%+95.5%
2019+5.9%+5.3%-7.7%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Chicago Montessori Nfp demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. The organization has shown a pattern of operating near break-even, with slight surpluses or deficits in various years. For instance, in 2023, revenue was $1,985,581 against expenses of $1,982,983, indicating tight financial management. Assets have shown significant growth, from $172,576 in 2014 to $965,317 in 2023, suggesting a strengthening balance sheet. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial health and transparency. The organization's spending efficiency appears to be high, given the consistent near-zero officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that the vast majority of funds are likely allocated to operational costs directly related to their educational mission. The consistent growth in revenue and assets, coupled with minimal liabilities relative to assets in recent years (e.g., 2023 assets of $965,317 vs. liabilities of $641,953), points to a stable and responsibly managed financial structure. The lack of officer compensation also enhances transparency, as it removes a common area of scrutiny for nonprofits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chicago Montessori Nfp with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Chicago Montessori Nfp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.0MTotal Revenue
$2.0MTotal Expenses
$965KTotal Assets
$642KTotal Liabilities
$323KNet Assets

Executive Compensation Analysis

Chicago Montessori Nfp consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure or that compensation is covered by other means not reported as officer compensation, which is highly unusual for an organization of its size with nearly $2 million in annual revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Chicago Montessori Nfp's IRS 990 filings:

Strengths

The following positive indicators were identified for Chicago Montessori Nfp:

Frequently Asked Questions about Chicago Montessori Nfp

Is Chicago Montessori Nfp a legitimate charity?

Chicago Montessori Nfp (EIN: 201032269) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Chicago Montessori Nfp spend its money?

Chicago Montessori Nfp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Chicago Montessori Nfp tax-deductible?

Chicago Montessori Nfp is registered as a tax-exempt nonprofit (EIN: 201032269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Chicago Montessori Nfp CEO make?

Chicago Montessori Nfp's highest-compensated officer earns $2 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Chicago Montessori Nfp's spending goes to programs?

Chicago Montessori Nfp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Chicago Montessori Nfp compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Chicago Montessori Nfp is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Chicago Montessori Nfp located?

Chicago Montessori Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 201032269. It is classified under NTEE code B21.

How many years of IRS 990 filings does Chicago Montessori Nfp have?

Chicago Montessori Nfp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.

How does Chicago Montessori Nfp manage to operate with 0% officer compensation?

The filings consistently show 0% officer compensation, which is highly unusual for an organization with nearly $2 million in annual revenue. This could indicate a fully volunteer-led executive team, or that executive functions are performed by staff whose compensation is categorized differently (e.g., program staff), or that executive services are provided pro bono or by a related entity.

What is the organization's long-term financial strategy given its near break-even operations?

The organization frequently operates near break-even, with revenues closely matching expenses (e.g., 2023: $1,985,581 revenue vs. $1,982,983 expenses). This suggests a strategy focused on maximizing direct program spending rather than accumulating large surpluses, while still growing assets over time.

What is the composition of Chicago Montessori Nfp's assets?

While the specific breakdown of assets is not provided, the organization has shown consistent growth in total assets, from $172,576 in 2014 to $965,317 in 2023. This growth suggests investment in facilities, endowments, or other long-term resources to support its mission.

Filing History

IRS 990 filing history for Chicago Montessori Nfp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Chicago Montessori Nfp's revenue has grown by 162.2%, moving from $757K to $2.0M. Total assets increased by 703.3% over the same period, from $120K to $965K. Total functional expenses rose by 168.4%, from $739K to $2.0M. In its most recent filing year (2023), Chicago Montessori Nfp reported a surplus of $3K, with revenue exceeding expenses. The organization holds $642K in liabilities against $965K in assets (debt-to-asset ratio: 66.5%), resulting in net assets of $323K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.0M $2.0M $965K $642K
2022 $1.8M $1.8M $619K $299K View 990
2021 $1.5M $1.6M $594K $252K View 990
2020 $1.8M $1.5M $636K $204K View 990
2019 $1.6M $1.6M $325K $156K View 990
2018 $1.5M $1.5M $352K $200K View 990
2017 $1.4M $1.4M $327K $182K View 990
2016 $1.3M $1.3M $287K $130K View 990
2015 $1.3M $1.2M $313K $211K View 990
2014 $1.1M $1.1M $173K $181K View 990
2013 $985K $945K $201K $170K View 990
2012 $843K $829K $145K $154K View 990
2011 $757K $739K $120K $143K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Chicago Montessori Nfp:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Chicago Montessori Nfp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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