Diamante Montessori School
Diamante Montessori School maintains stable finances with no reported officer compensation.
EIN: 161618391 · Glen Ellyn, IL · NTEE: B20 · Updated: 2026-03-28
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 →
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.
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.
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
Is Diamante Montessori School a legitimate charity?
Based on AI analysis of IRS 990 filings, Diamante Montessori School (EIN: 161618391) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Diamante Montessori School spend its money?
Diamante Montessori School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Diamante Montessori School tax-deductible?
Diamante Montessori School is registered as a tax-exempt nonprofit (EIN: 161618391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Diamante Montessori School a good charity?
Based on the available data, Diamante Montessori School appears to be a good charity. It consistently operates with revenues generally exceeding expenses, has growing assets, and reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial stability changed over time?
The organization has shown consistent financial stability, with revenues generally covering expenses. Assets have grown from $315,403 in 201507 to $753,104 in 202407, indicating healthy financial management and growth.
What is the trend in liabilities for Diamante Montessori School?
Liabilities have fluctuated, with a significant increase to $414,384 in 202307, but then decreased to $296,708 in 202407. While the 202307 spike is notable, the subsequent reduction suggests active management of debt.
Does Diamante Montessori School spend efficiently?
The consistent reporting of 0% officer compensation strongly suggests efficient spending, as a significant portion of funds is not diverted to executive salaries. Without detailed expense breakdowns, it's difficult to pinpoint exact program efficiency, but this is a positive indicator.
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 | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $423K | $396K | $753K | $297K | — | — |
| 2023 | $415K | $429K | $844K | $414K | — | View 990 |
| 2022 | $356K | $352K | $482K | $39K | — | View 990 |
| 2021 | $444K | $353K | $466K | $27K | — | View 990 |
| 2020 | $380K | $364K | $436K | $87K | — | View 990 |
| 2019 | $400K | $398K | $425K | $93K | — | View 990 |
| 2018 | $390K | $382K | $430K | $100K | — | View 990 |
| 2017 | $379K | $364K | $425K | $103K | — | View 990 |
| 2016 | $362K | $338K | $387K | $81K | — | View 990 |
| 2015 | $326K | $331K | $315K | $32K | — | View 990 |
| 2014 | $312K | $319K | $358K | $70K | — | View 990 |
| 2013 | $361K | $314K | $317K | $22K | — | View 990 |
| 2012 | $312K | $296K | $339K | $91K | — | View 990 |
| 2011 | $287K | $319K | $287K | $55K | — | View 990 |
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.
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.