French & Montessori Education Inc
French & Montessori Education Inc shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 203694026 · New Orleans, LA · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.1M |
| Total Expenses | $17.2M |
| Program Spending | 90% |
| Net Assets | $6.8M |
| Transparency Score | 95/100 |
Is French & Montessori Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
French & Montessori Education Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About French & Montessori Education Inc
French & Montessori Education Inc (EIN: 203694026) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B24. The organization reported total revenue of $22.1M and total assets of $11.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of French & Montessori Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
French & Montessori Education Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.3M |
| Total Expenses | $17.2M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $9.4M |
| Total Liabilities | $2.7M |
| Net Assets | $6.8M |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 28.1% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, French & Montessori Education Inc reported a surplus of $2.1M with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 28.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), French & Montessori Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.2% | +13.1% | +17.5% |
| 2022 | +7.0% | +9.1% | -7.0% |
| 2021 | -10.2% | +4.5% | -1.7% |
| 2020 | +30.2% | -0.2% | +52.8% |
| 2019 | -2.5% | +23.4% | -15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 French & Montessori Education Inc with a Mission Score of 95 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, French & Montessori Education Inc 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 surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size and revenue, suggesting a strong commitment to program spending.
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 French & Montessori Education Inc's IRS 990 filings:
- Unusually low liabilities relative to assets in earlier years, which could indicate a different operational model or funding structure not fully detailed in summary data.
Strengths
The following positive indicators were identified for French & Montessori Education Inc:
- Consistent and significant revenue growth over a decade, from $8.4M to $19.3M.
- Zero reported officer compensation across all filings, indicating high dedication to mission spending.
- Positive net income in most recent years (e.g., $2.1M surplus in 202306).
- Steady growth in assets, reaching $9.4M in 202306, enhancing long-term stability.
- Strong transparency with consistent IRS 990 filings.
Frequently Asked Questions about French & Montessori Education Inc
Is French & Montessori Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, French & Montessori Education Inc (EIN: 203694026) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does French & Montessori Education Inc spend its money?
French & Montessori Education Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to French & Montessori Education Inc tax-deductible?
French & Montessori Education Inc is registered as a tax-exempt nonprofit (EIN: 203694026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of French & Montessori Education Inc's spending goes to programs?
French & Montessori Education Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does French & Montessori Education Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), French & Montessori Education Inc 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 French & Montessori Education Inc located?
French & Montessori Education Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 203694026. It is classified under NTEE code B24.
How many years of IRS 990 filings does French & Montessori Education Inc have?
French & Montessori Education Inc 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 $22.1M in total revenue.
Is French & Montessori Education Inc a good charity?
Based on its financial data, French & Montessori Education Inc appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, prudent spending (revenue exceeding expenses in most years), and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.
How has the organization's revenue grown over time?
The organization has shown significant revenue growth, increasing from $8,475,562 in 201406 to $19,322,069 in 202306, more than doubling its income in a decade.
What is the trend in the organization's assets?
Assets have consistently grown, from $3,838,920 in 201406 to $9,439,459 in 202306, indicating financial stability and capacity building.
Does the organization spend more than it earns?
In most recent years, the organization has spent less than it earned. For example, in 202306, revenue was $19,322,069 while expenses were $17,180,193, resulting in a surplus.
Filing History
IRS 990 filing history for French & Montessori Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), French & Montessori Education Inc's revenue has grown by 176.5%, moving from $7.0M to $19.3M. Total assets increased by 242.8% over the same period, from $2.8M to $9.4M. Total functional expenses rose by 169.2%, from $6.4M to $17.2M. In its most recent filing year (2023), French & Montessori Education Inc reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $9.4M in assets (debt-to-asset ratio: 28.1%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.3M | $17.2M | $9.4M | $2.7M | — | — |
| 2022 | $14.3M | $15.2M | $8.0M | $3.4M | — | View 990 |
| 2021 | $13.4M | $13.9M | $8.6M | $3.1M | — | View 990 |
| 2020 | $14.9M | $13.3M | $8.8M | $2.7M | — | — |
| 2019 | $11.4M | $13.3M | $5.7M | $1.1M | — | View 990 |
| 2018 | $11.7M | $10.8M | $6.8M | $255K | — | View 990 |
| 2017 | $9.9M | $9.1M | $6.0M | $312K | — | View 990 |
| 2016 | $9.7M | $8.8M | $5.4M | $472K | — | View 990 |
| 2015 | $8.8M | $8.2M | $4.4M | $312K | — | View 990 |
| 2014 | $8.5M | $7.7M | $3.8M | $276K | — | View 990 |
| 2013 | $7.4M | $7.3M | $3.3M | $497K | — | View 990 |
| 2012 | $7.2M | $7.0M | $3.3M | $607K | — | View 990 |
| 2011 | $7.0M | $6.4M | $2.8M | $245K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.3M, expenses of $17.2M, and assets of $9.4M (revenue +35.2% year-over-year).
- 2022: Revenue of $14.3M, expenses of $15.2M, and assets of $8.0M (revenue +7.0% year-over-year).
- 2021: Revenue of $13.4M, expenses of $13.9M, and assets of $8.6M (revenue -10.2% year-over-year).
- 2020: Revenue of $14.9M, expenses of $13.3M, and assets of $8.8M (revenue +30.2% year-over-year).
- 2019: Revenue of $11.4M, expenses of $13.3M, and assets of $5.7M (revenue -2.5% year-over-year).
- 2018: Revenue of $11.7M, expenses of $10.8M, and assets of $6.8M (revenue +18.8% year-over-year).
- 2017: Revenue of $9.9M, expenses of $9.1M, and assets of $6.0M (revenue +2.1% year-over-year).
- 2016: Revenue of $9.7M, expenses of $8.8M, and assets of $5.4M (revenue +10.4% year-over-year).
- 2015: Revenue of $8.8M, expenses of $8.2M, and assets of $4.4M (revenue +3.3% year-over-year).
- 2014: Revenue of $8.5M, expenses of $7.7M, and assets of $3.8M (revenue +14.4% year-over-year).
- 2013: Revenue of $7.4M, expenses of $7.3M, and assets of $3.3M (revenue +3.0% year-over-year).
- 2012: Revenue of $7.2M, expenses of $7.0M, and assets of $3.3M (revenue +3.0% year-over-year).
- 2011: Revenue of $7.0M, expenses of $6.4M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for French & Montessori Education Inc:
Data Sources and Methodology
This transparency report for French & Montessori Education Inc 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.