Diamante Montessori School

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Diamante Montessori School Form 990, Revenue, CEO Pay, and IRS Filing Signals

Diamante Montessori School is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Diamante Montessori School in one place.

Is Diamante Montessori School Legit?

Some Concerns

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Diamante Montessori School shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Diamante Montessori School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Diamante Montessori School

Diamante Montessori School (EIN: 161618391) is a nonprofit organization based in Glen Ellyn, IL, classified under NTEE code B20. The organization reported total revenue of $447K and total assets of $707K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diamante Montessori School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Diamante Montessori School is a small nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.0%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2024, Diamante Montessori School reported a surplus of $27K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position), has a debt-to-asset ratio of 39.4% (moderate leverage).

Financial Trends

Over 14 years of filings (2011–2024), Diamante Montessori School's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.

IRS Tax-Exempt Classification

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 Diamante Montessori School with a Mission Score of 90 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Diamante Montessori School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $27K, with revenue exceeding expenses.
• Debt-to-asset ratio: 39.4%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size with revenues around $400,000 annually.

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 Diamante Montessori School's IRS 990 filings:

• Significant fluctuation in liabilities in recent years (e.g., $414,384 in 202307 compared to $38,928 in 202207).

Strengths

The following positive indicators were identified for Diamante Montessori School:

• Consistent positive net income in most years (e.g., $27,186 in 202407).
• 0% officer compensation reported across all filings, indicating strong resource allocation to mission.
• Healthy growth in assets over the past decade, from $315,403 in 201507 to $753,104 in 202407.
• Long history of IRS 990 filings (14 filings), demonstrating transparency and compliance.

Frequently Asked Questions about Diamante Montessori School

Filing History

IRS 990 filing history for Diamante Montessori School showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Diamante Montessori School's revenue has grown by 47.2%, moving from $287K to $423K. Total assets increased by 162.2% over the same period, from $287K to $753K. Total functional expenses rose by 24.1%, from $319K to $396K. In its most recent filing year (2024), Diamante Montessori School reported a surplus of $27K, with revenue exceeding expenses. The organization holds $297K in liabilities against $753K in assets (debt-to-asset ratio: 39.4%), resulting in net assets of $456K.

Year-by-Year Financial Summary

• 2024: Revenue of $423K, expenses of $396K, and assets of $753K (revenue +1.8% year-over-year).
• 2023: Revenue of $415K, expenses of $429K, and assets of $844K (revenue +16.5% year-over-year).
• 2022: Revenue of $356K, expenses of $352K, and assets of $482K (revenue -19.7% year-over-year).
• 2021: Revenue of $444K, expenses of $353K, and assets of $466K (revenue +16.7% year-over-year).
• 2020: Revenue of $380K, expenses of $364K, and assets of $436K (revenue -4.9% year-over-year).
• 2019: Revenue of $400K, expenses of $398K, and assets of $425K (revenue +2.4% year-over-year).
• 2018: Revenue of $390K, expenses of $382K, and assets of $430K (revenue +2.9% year-over-year).
• 2017: Revenue of $379K, expenses of $364K, and assets of $425K (revenue +4.9% year-over-year).
• 2016: Revenue of $362K, expenses of $338K, and assets of $387K (revenue +10.8% year-over-year).
• 2015: Revenue of $326K, expenses of $331K, and assets of $315K (revenue +4.6% year-over-year).
• 2014: Revenue of $312K, expenses of $319K, and assets of $358K (revenue -13.7% year-over-year).
• 2013: Revenue of $361K, expenses of $314K, and assets of $317K (revenue +16.0% year-over-year).
• 2012: Revenue of $312K, expenses of $296K, and assets of $339K (revenue +8.5% year-over-year).
• 2011: Revenue of $287K, expenses of $319K, and assets of $287K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Diamante Montessori School:

Data Sources and Methodology

This transparency report for Diamante Montessori School 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.