Hayfield Montessori School
EIN: 610671858 · Louisville, KY · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $518K |
| Total Expenses | $575K |
| Net Assets | $876K |
Is Hayfield 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 Hayfield Montessori School
Hayfield Montessori School (EIN: 610671858) is a nonprofit organization based in Louisville, KY, classified under NTEE code B21Z. The organization reported total revenue of $518K and total assets of $876K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hayfield Montessori School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hayfield Montessori School is a small nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $518K |
| Total Expenses | $575K |
| Surplus / Deficit | $-56,570 |
| Total Assets | $876K |
| Net Assets | $876K |
| Operating Margin | -10.9% |
| Months of Reserves | 18.3 months |
Financial Health Grade: B
In 2023, Hayfield Montessori School reported a deficit of $57K with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hayfield Montessori School's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.7% | +14.4% | -6.1% |
| 2022 | +4.0% | +22.0% | +8.3% |
| 2021 | +23.8% | -19.3% | +19.4% |
| 2020 | -10.7% | +2.7% | -8.2% |
| 2019 | -19.2% | -18.4% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hayfield 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 Hayfield 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $57K, with expenses exceeding revenue.
Frequently Asked Questions about Hayfield Montessori School
Is Hayfield Montessori School a legitimate charity?
Hayfield Montessori School (EIN: 610671858) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $518K. No red flags identified. Financial health grade: B.
How does Hayfield Montessori School spend its money?
Hayfield Montessori School reported $518K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hayfield Montessori School tax-deductible?
Hayfield Montessori School is registered as a tax-exempt nonprofit (EIN: 610671858). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hayfield Montessori School located?
Hayfield Montessori School is headquartered in Louisville, Kentucky and files with the IRS under EIN 610671858. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Hayfield Montessori School have?
Hayfield Montessori School 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 $518K in total revenue.
Filing History
IRS 990 filing history for Hayfield Montessori School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hayfield Montessori School's revenue has declined by 6.9%, moving from $557K to $518K. Total assets increased by 52.1% over the same period, from $576K to $876K. Total functional expenses rose by 5.2%, from $547K to $575K. In its most recent filing year (2023), Hayfield Montessori School reported a deficit of $57K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $518K | $575K | $876K | $0 | — | View 990 |
| 2022 | $574K | $503K | $932K | $0 | — | View 990 |
| 2021 | $552K | $412K | $861K | $0 | — | — |
| 2020 | $446K | $511K | $721K | $0 | — | View 990 |
| 2019 | $500K | $497K | $786K | $0 | — | View 990 |
| 2018 | $618K | $609K | $783K | $0 | — | View 990 |
| 2017 | $586K | $491K | $774K | $0 | — | View 990 |
| 2016 | $641K | $486K | $680K | $0 | — | View 990 |
| 2015 | $502K | $466K | $525K | $0 | — | View 990 |
| 2014 | $636K | $765K | $490K | $0 | — | View 990 |
| 2013 | $669K | $697K | $619K | $0 | — | View 990 |
| 2012 | $576K | $526K | $647K | $0 | — | View 990 |
| 2011 | $557K | $547K | $576K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $518K, expenses of $575K, and assets of $876K (revenue -9.7% year-over-year).
- 2022: Revenue of $574K, expenses of $503K, and assets of $932K (revenue +4.0% year-over-year).
- 2021: Revenue of $552K, expenses of $412K, and assets of $861K (revenue +23.8% year-over-year).
- 2020: Revenue of $446K, expenses of $511K, and assets of $721K (revenue -10.7% year-over-year).
- 2019: Revenue of $500K, expenses of $497K, and assets of $786K (revenue -19.2% year-over-year).
- 2018: Revenue of $618K, expenses of $609K, and assets of $783K (revenue +5.5% year-over-year).
- 2017: Revenue of $586K, expenses of $491K, and assets of $774K (revenue -8.6% year-over-year).
- 2016: Revenue of $641K, expenses of $486K, and assets of $680K (revenue +27.6% year-over-year).
- 2015: Revenue of $502K, expenses of $466K, and assets of $525K (revenue -21.1% year-over-year).
- 2014: Revenue of $636K, expenses of $765K, and assets of $490K (revenue -4.9% year-over-year).
- 2013: Revenue of $669K, expenses of $697K, and assets of $619K (revenue +16.1% year-over-year).
- 2012: Revenue of $576K, expenses of $526K, and assets of $647K (revenue +3.4% year-over-year).
- 2011: Revenue of $557K, expenses of $547K, and assets of $576K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hayfield Montessori School:
Data Sources and Methodology
This transparency report for Hayfield 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.