Damariscotta Montessori School Ii
Damariscotta Montessori School II maintains stable operations with no executive compensation, though liabilities remain high relative to assets.
EIN: 200216368 · Nobleboro, ME · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $356K |
| Transparency Score | 85/100 |
Is Damariscotta Montessori School Ii Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Damariscotta Montessori School Ii directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Damariscotta Montessori School Ii
Damariscotta Montessori School Ii (EIN: 200216368) is a nonprofit organization based in Nobleboro, ME, classified under NTEE code B24. The organization reported total revenue of $1.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Damariscotta Montessori School Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Damariscotta Montessori School Ii is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-40,399 |
| Total Assets | $1.8M |
| Total Liabilities | $1.4M |
| Net Assets | $356K |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 79.9% |
| Months of Reserves | 20.3 months |
Financial Health Grade: C
In 2023, Damariscotta Montessori School Ii reported a deficit of $40K with expenses exceeding revenue, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 79.9% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Damariscotta Montessori School Ii's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | +20.3% | -1.5% |
| 2022 | +19.4% | +10.3% | +8.4% |
| 2021 | +8.0% | -5.5% | +2.2% |
| 2020 | +8.4% | +7.7% | +12.2% |
| 2019 | +-0.0% | +6.1% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Damariscotta Montessori School Ii with a Mission Score of 85 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
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Damariscotta Montessori School Ii 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:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for a nonprofit of its size with over $1 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 Damariscotta Montessori School Ii's IRS 990 filings:
- High liabilities relative to assets (e.g., $1,415,199 liabilities against $1,771,635 assets in 202306), warranting further investigation into their nature.
Strengths
The following positive indicators were identified for Damariscotta Montessori School Ii:
- Consistent reporting of 0% officer compensation across all filings, demonstrating strong commitment to mission.
- Stable revenue generation, consistently exceeding $700,000 annually over the past decade.
- Consistent asset base, indicating long-term operational stability.
- Transparent financial reporting with 12 filings available.
Frequently Asked Questions about Damariscotta Montessori School Ii
Is Damariscotta Montessori School Ii a legitimate charity?
Based on AI analysis of IRS 990 filings, Damariscotta Montessori School Ii (EIN: 200216368) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Damariscotta Montessori School Ii spend its money?
Damariscotta Montessori School Ii directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Damariscotta Montessori School Ii tax-deductible?
Damariscotta Montessori School Ii is registered as a tax-exempt nonprofit (EIN: 200216368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Damariscotta Montessori School Ii CEO make?
Damariscotta Montessori School Ii's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Damariscotta Montessori School Ii's spending goes to programs?
Damariscotta Montessori School Ii directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Damariscotta Montessori School Ii compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Damariscotta Montessori School Ii is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Damariscotta Montessori School Ii located?
Damariscotta Montessori School Ii is headquartered in Nobleboro, Maine and files with the IRS under EIN 200216368. It is classified under NTEE code B24.
How many years of IRS 990 filings does Damariscotta Montessori School Ii have?
Damariscotta Montessori School Ii has 12 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 $1.2M in total revenue.
Is Damariscotta Montessori School II financially stable?
Yes, the organization appears financially stable, with revenues generally covering expenses over the past decade. While the 202306 period showed a slight deficit of approximately $40,000, this is not a significant concern given its overall asset base of $1.77 million and historical performance.
How does Damariscotta Montessori School II manage its executive compensation?
Damariscotta Montessori School II reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation is paid to its officers or key employees, which is a strong positive for transparency and resource allocation.
What is the trend in the organization's assets and liabilities?
Assets have remained relatively stable, fluctuating between $1.4 million and $1.8 million over the past decade. Liabilities have also been consistently high, ranging from $1.2 million to $1.4 million, suggesting a significant portion of assets are offset by liabilities.
Does the organization spend efficiently on its programs?
Given the 0% executive compensation and the nature of an educational institution, it is highly probable that a significant portion of expenses are directed towards program services. Without detailed expense breakdowns, an estimated 90% program spending is reasonable given the lack of other major overheads.
Filing History
IRS 990 filing history for Damariscotta Montessori School Ii showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Damariscotta Montessori School Ii's revenue has grown by 40.6%, moving from $717K to $1.0M. Total assets increased by 11% over the same period, from $1.6M to $1.8M. Total functional expenses rose by 48.7%, from $705K to $1.0M. In its most recent filing year (2023), Damariscotta Montessori School Ii reported a deficit of $40K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $1.8M in assets (debt-to-asset ratio: 79.9%), resulting in net assets of $356K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $1.8M | $1.4M | — | View 990 |
| 2022 | $1.0M | $872K | $1.8M | $1.4M | — | View 990 |
| 2021 | $869K | $791K | $1.7M | $1.4M | — | View 990 |
| 2020 | $805K | $837K | $1.6M | $1.5M | — | View 990 |
| 2019 | $742K | $777K | $1.4M | $1.3M | — | View 990 |
| 2018 | $742K | $733K | $1.5M | $1.3M | — | View 990 |
| 2017 | $812K | $821K | $1.5M | $1.3M | — | View 990 |
| 2016 | $741K | $753K | $1.6M | $1.3M | — | View 990 |
| 2015 | $749K | $743K | $1.6M | $1.3M | — | View 990 |
| 2014 | $786K | $759K | $1.6M | $1.4M | — | View 990 |
| 2013 | $733K | $731K | $1.6M | $1.4M | — | View 990 |
| 2012 | $717K | $705K | $1.6M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $1.8M (revenue -2.8% year-over-year).
- 2022: Revenue of $1.0M, expenses of $872K, and assets of $1.8M (revenue +19.4% year-over-year).
- 2021: Revenue of $869K, expenses of $791K, and assets of $1.7M (revenue +8.0% year-over-year).
- 2020: Revenue of $805K, expenses of $837K, and assets of $1.6M (revenue +8.4% year-over-year).
- 2019: Revenue of $742K, expenses of $777K, and assets of $1.4M (revenue +-0.0% year-over-year).
- 2018: Revenue of $742K, expenses of $733K, and assets of $1.5M (revenue -8.5% year-over-year).
- 2017: Revenue of $812K, expenses of $821K, and assets of $1.5M (revenue +9.5% year-over-year).
- 2016: Revenue of $741K, expenses of $753K, and assets of $1.6M (revenue -1.1% year-over-year).
- 2015: Revenue of $749K, expenses of $743K, and assets of $1.6M (revenue -4.7% year-over-year).
- 2014: Revenue of $786K, expenses of $759K, and assets of $1.6M (revenue +7.3% year-over-year).
- 2013: Revenue of $733K, expenses of $731K, and assets of $1.6M (revenue +2.2% year-over-year).
- 2012: Revenue of $717K, expenses of $705K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Damariscotta Montessori School Ii:
Data Sources and Methodology
This transparency report for Damariscotta Montessori School Ii 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.