Joliet Montessori School
EIN: 362595751 · Crest Hill, IL · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $945K |
| Total Expenses | $749K |
| Net Assets | $867K |
Is Joliet 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 Joliet Montessori School
Joliet Montessori School (EIN: 362595751) is a nonprofit organization based in Crest Hill, IL, classified under NTEE code B21Z. The organization reported total revenue of $945K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joliet Montessori School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joliet Montessori School is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $709K |
| Total Expenses | $749K |
| Surplus / Deficit | $-40,027 |
| Total Assets | $1.1M |
| Total Liabilities | $216K |
| Net Assets | $867K |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 19.9% |
| Months of Reserves | 17.4 months |
Financial Health Grade: B
In 2023, Joliet Montessori School reported a deficit of $40K with expenses exceeding revenue, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 19.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Joliet Montessori School's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | +3.4% | -7.9% |
| 2022 | -11.1% | +7.9% | +3.2% |
| 2021 | +36.8% | -3.3% | +9.3% |
| 2020 | -7.9% | -10.9% | -3.3% |
| 2019 | -8.8% | +0.1% | -11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joliet 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 Joliet 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 $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.9%.
Frequently Asked Questions about Joliet Montessori School
Is Joliet Montessori School a legitimate charity?
Joliet Montessori School (EIN: 362595751) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $945K. No red flags identified. Financial health grade: B.
How does Joliet Montessori School spend its money?
Joliet Montessori School reported $945K 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 Joliet Montessori School tax-deductible?
Joliet Montessori School is registered as a tax-exempt nonprofit (EIN: 362595751). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joliet Montessori School located?
Joliet Montessori School is headquartered in Crest Hill, Illinois and files with the IRS under EIN 362595751. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Joliet Montessori School have?
Joliet 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 $945K in total revenue.
Filing History
IRS 990 filing history for Joliet Montessori School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Joliet Montessori School's revenue has declined by 26.2%, moving from $960K to $709K. Total assets decreased by 27.1% over the same period, from $1.5M to $1.1M. Total functional expenses fell by 14.9%, from $880K to $749K. In its most recent filing year (2023), Joliet Montessori School reported a deficit of $40K, with expenses exceeding revenue. The organization holds $216K in liabilities against $1.1M in assets (debt-to-asset ratio: 19.9%), resulting in net assets of $867K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $709K | $749K | $1.1M | $216K | — | View 990 |
| 2022 | $770K | $724K | $1.2M | $268K | — | View 990 |
| 2021 | $867K | $671K | $1.1M | $278K | — | View 990 |
| 2020 | $634K | $694K | $1.0M | $376K | — | View 990 |
| 2019 | $688K | $779K | $1.1M | $351K | — | View 990 |
| 2018 | $755K | $778K | $1.2M | $399K | — | View 990 |
| 2017 | $682K | $687K | $1.3M | $479K | — | View 990 |
| 2016 | $644K | $589K | $1.3M | $470K | — | View 990 |
| 2015 | $760K | $800K | $1.3M | $485K | — | View 990 |
| 2014 | $935K | $940K | $1.4M | $571K | — | View 990 |
| 2013 | $1.0M | $1.1M | $1.5M | $646K | — | View 990 |
| 2012 | $998K | $975K | $1.4M | $551K | — | View 990 |
| 2011 | $960K | $880K | $1.5M | $647K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $709K, expenses of $749K, and assets of $1.1M (revenue -8.0% year-over-year).
- 2022: Revenue of $770K, expenses of $724K, and assets of $1.2M (revenue -11.1% year-over-year).
- 2021: Revenue of $867K, expenses of $671K, and assets of $1.1M (revenue +36.8% year-over-year).
- 2020: Revenue of $634K, expenses of $694K, and assets of $1.0M (revenue -7.9% year-over-year).
- 2019: Revenue of $688K, expenses of $779K, and assets of $1.1M (revenue -8.8% year-over-year).
- 2018: Revenue of $755K, expenses of $778K, and assets of $1.2M (revenue +10.7% year-over-year).
- 2017: Revenue of $682K, expenses of $687K, and assets of $1.3M (revenue +5.9% year-over-year).
- 2016: Revenue of $644K, expenses of $589K, and assets of $1.3M (revenue -15.3% year-over-year).
- 2015: Revenue of $760K, expenses of $800K, and assets of $1.3M (revenue -18.7% year-over-year).
- 2014: Revenue of $935K, expenses of $940K, and assets of $1.4M (revenue -10.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.1M, and assets of $1.5M (revenue +4.7% year-over-year).
- 2012: Revenue of $998K, expenses of $975K, and assets of $1.4M (revenue +3.9% year-over-year).
- 2011: Revenue of $960K, expenses of $880K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joliet Montessori School:
Data Sources and Methodology
This transparency report for Joliet 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.