Friends Of Montessori Association
EIN: 480686224 · Prairie Vlg, KS · NTEE: B110
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Net Assets | $3.9M |
Is Friends Of Montessori Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Montessori Association
Friends Of Montessori Association (EIN: 480686224) is a nonprofit organization based in Prairie Vlg, KS, classified under NTEE code B110. The organization reported total revenue of $1.3M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Montessori Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Montessori Association is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$214K |
| Total Assets | $4.5M |
| Total Liabilities | $668K |
| Net Assets | $3.9M |
| Operating Margin | 12.2% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 35.5 months |
Financial Health Grade: A
In 2023, Friends Of Montessori Association reported a surplus of $214K with revenue exceeding expenses, holds 35.5 months of operating reserves (strong position), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Montessori Association's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.7% | -3.2% | +9.0% |
| 2022 | -14.6% | +15.0% | +1.4% |
| 2021 | +2.2% | +4.9% | +8.8% |
| 2020 | -11.3% | +2.9% | +8.0% |
| 2019 | +84.2% | +2.4% | +30.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Montessori Association 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 Friends Of Montessori Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $214K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.7%.
Frequently Asked Questions about Friends Of Montessori Association
Is Friends Of Montessori Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Montessori Association (EIN: 480686224) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of Montessori Association spend its money?
Detailed spending breakdown data is not yet available for Friends Of Montessori Association. Check back for updated IRS 990 analysis.
Are donations to Friends Of Montessori Association tax-deductible?
Friends Of Montessori Association is registered as a tax-exempt nonprofit (EIN: 480686224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Montessori Association located?
Friends Of Montessori Association is headquartered in Prairie Vlg, Kansas and files with the IRS under EIN 480686224. It is classified under NTEE code B110.
How many years of IRS 990 filings does Friends Of Montessori Association have?
Friends Of Montessori Association 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Friends Of Montessori Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Montessori Association's revenue has grown by 90.9%, moving from $915K to $1.7M. Total assets increased by 431.8% over the same period, from $853K to $4.5M. Total functional expenses rose by 93.3%, from $793K to $1.5M. In its most recent filing year (2023), Friends Of Montessori Association reported a surplus of $214K, with revenue exceeding expenses. The organization holds $668K in liabilities against $4.5M in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.5M | $4.5M | $668K | — | — |
| 2022 | $1.6M | $1.6M | $4.2M | $499K | — | View 990 |
| 2021 | $1.9M | $1.4M | $4.1M | $430K | — | View 990 |
| 2020 | $1.9M | $1.3M | $3.8M | $621K | — | — |
| 2019 | $2.1M | $1.3M | $3.5M | $889K | — | View 990 |
| 2018 | $1.1M | $1.2M | $2.7M | $894K | — | View 990 |
| 2017 | $1.9M | $1.2M | $2.8M | $869K | — | View 990 |
| 2016 | $1.4M | $1.2M | $2.2M | $932K | — | View 990 |
| 2015 | $1.2M | $1.0M | $1.5M | $329K | — | View 990 |
| 2014 | $1.0M | $937K | $1.3M | $342K | — | View 990 |
| 2013 | $1.0M | $838K | $1.2M | $363K | — | View 990 |
| 2012 | $936K | $802K | $982K | $323K | — | View 990 |
| 2011 | $915K | $793K | $853K | $329K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.5M, and assets of $4.5M (revenue +7.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $4.2M (revenue -14.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.4M, and assets of $4.1M (revenue +2.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.3M, and assets of $3.8M (revenue -11.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.3M, and assets of $3.5M (revenue +84.2% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $2.7M (revenue -38.7% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.2M, and assets of $2.8M (revenue +37.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.2M, and assets of $2.2M (revenue +10.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.0M, and assets of $1.5M (revenue +18.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $937K, and assets of $1.3M (revenue +2.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $838K, and assets of $1.2M (revenue +7.9% year-over-year).
- 2012: Revenue of $936K, expenses of $802K, and assets of $982K (revenue +2.2% year-over-year).
- 2011: Revenue of $915K, expenses of $793K, and assets of $853K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Montessori Association:
Data Sources and Methodology
This transparency report for Friends Of Montessori Association 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.