Harmony Day Montessori School
EIN: 271521372 · Lexington, KY · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $271K |
| Net Assets | $153K |
Is Harmony Day Montessori School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harmony Day Montessori School
Harmony Day Montessori School (EIN: 271521372) is a nonprofit organization based in Lexington, KY, classified under NTEE code B21. The organization reported total revenue of $308K and total assets of $175K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harmony Day Montessori School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harmony Day Montessori School is a small nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2020–2024). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $318K |
| Total Expenses | $271K |
| Surplus / Deficit | +$47K |
| Total Assets | $168K |
| Total Liabilities | $15K |
| Net Assets | $153K |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2024, Harmony Day Montessori School reported a surplus of $47K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2024), Harmony Day Montessori School's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -19.6% | -6.2% | +38.6% |
| 2023 | +41.6% | +4.1% | +1090.5% |
| 2021 | +27.0% | +19.5% | -50.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harmony Day Montessori School 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 Harmony Day Montessori School 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Frequently Asked Questions about Harmony Day Montessori School
Is Harmony Day Montessori School a legitimate charity?
Harmony Day Montessori School (EIN: 271521372) is a registered tax-exempt nonprofit based in Kentucky. It has 4 years of IRS 990 filings on record. Total revenue: $308K. No red flags identified. Financial health grade: A.
How does Harmony Day Montessori School spend its money?
Harmony Day Montessori School reported $308K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Harmony Day Montessori School tax-deductible?
Harmony Day Montessori School is registered as a tax-exempt nonprofit (EIN: 271521372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harmony Day Montessori School located?
Harmony Day Montessori School is headquartered in Lexington, Kentucky and files with the IRS under EIN 271521372. It is classified under NTEE code B21.
How many years of IRS 990 filings does Harmony Day Montessori School have?
Harmony Day Montessori School has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $308K in total revenue.
Filing History
IRS 990 filing history for Harmony Day Montessori School showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2024), Harmony Day Montessori School's revenue has grown by 44.6%, moving from $220K to $318K. Total assets increased by 711% over the same period, from $21K to $168K. Total functional expenses rose by 16.7%, from $232K to $271K. In its most recent filing year (2024), Harmony Day Montessori School reported a surplus of $47K, with revenue exceeding expenses. The organization holds $15K in liabilities against $168K in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $153K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $318K | $271K | $168K | $15K | — | — |
| 2023 | $395K | $289K | $122K | $15K | — | View 990 |
| 2021 | $279K | $278K | $10K | $95K | — | — |
| 2020 | $220K | $232K | $21K | $107K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $318K, expenses of $271K, and assets of $168K (revenue -19.6% year-over-year).
- 2023: Revenue of $395K, expenses of $289K, and assets of $122K (revenue +41.6% year-over-year).
- 2021: Revenue of $279K, expenses of $278K, and assets of $10K (revenue +27.0% year-over-year).
- 2020: Revenue of $220K, expenses of $232K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harmony Day Montessori School:
Data Sources and Methodology
This transparency report for Harmony Day 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.