Christian Montessori School At Lake Norman
EIN: 562167010 · Huntersville, NC · NTEE: B99
Is Christian Montessori School At Lake Norman Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Christian Montessori School At Lake Norman
Christian Montessori School At Lake Norman (EIN: 562167010) is a nonprofit organization based in Huntersville, NC, classified under NTEE code B99. The organization reported total revenue of $871K and total assets of $567K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christian Montessori School At Lake Norman's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christian Montessori School At Lake Norman is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $871K |
| Total Expenses | $817K |
| Surplus / Deficit | +$54K |
| Total Assets | $567K |
| Total Liabilities | $25K |
| Net Assets | $543K |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2024, Christian Montessori School At Lake Norman reported a surplus of $54K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Christian Montessori School At Lake Norman's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -23.0% | -3.3% | +10.9% |
| 2023 | +112.9% | +80.8% | +114.5% |
| 2022 | -17.9% | -34.5% | +43.2% |
| 2021 | -28.5% | -29.8% | -17.2% |
| 2020 | -21.6% | -2.5% | -28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Christian Montessori School At Lake Norman has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Christian Montessori School At Lake Norman with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Frequently Asked Questions about Christian Montessori School At Lake Norman
Is Christian Montessori School At Lake Norman a legitimate charity?
Based on AI analysis of IRS 990 filings, Christian Montessori School At Lake Norman (EIN: 562167010) insufficient data. 0 red flags identified, 0 strengths noted.
How does Christian Montessori School At Lake Norman spend its money?
Detailed spending breakdown data is not yet available for Christian Montessori School At Lake Norman. Check back for updated IRS 990 analysis.
Are donations to Christian Montessori School At Lake Norman tax-deductible?
Christian Montessori School At Lake Norman is registered as a tax-exempt nonprofit (EIN: 562167010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Christian Montessori School At Lake Norman showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Christian Montessori School At Lake Norman's revenue has grown by 55.5%, moving from $560K to $871K. Total assets increased by 87.4% over the same period, from $303K to $567K. Total functional expenses rose by 39.7%, from $585K to $817K. In its most recent filing year (2024), Christian Montessori School At Lake Norman reported a surplus of $54K, with revenue exceeding expenses. The organization holds $25K in liabilities against $567K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $543K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $871K | $817K | $567K | $25K | — | — |
| 2023 | $1.1M | $845K | $512K | $23K | — | — |
| 2022 | $531K | $467K | $239K | $36K | — | View 990 |
| 2021 | $647K | $714K | $167K | $28K | — | — |
| 2020 | $905K | $1.0M | $201K | $108K | — | — |
| 2019 | $1.2M | $1.0M | $282K | $76K | — | View 990 |
| 2018 | $1.0M | $996K | $215K | $121K | — | View 990 |
| 2017 | $733K | $693K | $185K | $124K | — | View 990 |
| 2016 | $719K | $670K | $157K | $135K | — | View 990 |
| 2015 | $770K | $708K | $121K | $169K | — | View 990 |
| 2014 | $844K | $805K | $354K | $465K | — | View 990 |
| 2013 | $689K | $757K | $357K | $507K | — | View 990 |
| 2012 | $560K | $585K | $303K | $384K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $871K, expenses of $817K, and assets of $567K (revenue -23.0% year-over-year).
- 2023: Revenue of $1.1M, expenses of $845K, and assets of $512K (revenue +112.9% year-over-year).
- 2022: Revenue of $531K, expenses of $467K, and assets of $239K (revenue -17.9% year-over-year).
- 2021: Revenue of $647K, expenses of $714K, and assets of $167K (revenue -28.5% year-over-year).
- 2020: Revenue of $905K, expenses of $1.0M, and assets of $201K (revenue -21.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $282K (revenue +14.1% year-over-year).
- 2018: Revenue of $1.0M, expenses of $996K, and assets of $215K (revenue +38.1% year-over-year).
- 2017: Revenue of $733K, expenses of $693K, and assets of $185K (revenue +1.9% year-over-year).
- 2016: Revenue of $719K, expenses of $670K, and assets of $157K (revenue -6.6% year-over-year).
- 2015: Revenue of $770K, expenses of $708K, and assets of $121K (revenue -8.8% year-over-year).
- 2014: Revenue of $844K, expenses of $805K, and assets of $354K (revenue +22.6% year-over-year).
- 2013: Revenue of $689K, expenses of $757K, and assets of $357K (revenue +23.0% year-over-year).
- 2012: Revenue of $560K, expenses of $585K, and assets of $303K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christian Montessori School At Lake Norman:
Data Sources and Methodology
This transparency report for Christian Montessori School At Lake Norman 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.