K Step Montessori Inc

K Step Montessori Inc. shows strong revenue growth and healthy financial surpluses with no reported officer compensation.

EIN: 200406835 · El Monte, CA · NTEE: B20 · Updated: 2026-03-28

$3.7MRevenue

$993KAssets

85/100Mission Score (Excellent)

B20

About K Step Montessori Inc

K Step Montessori Inc (EIN: 200406835) is a nonprofit organization based in El Monte, CA, classified under NTEE code B20. The organization reported total revenue of $3.7M and total assets of $993K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of K Step Montessori Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

K Step Montessori Inc. demonstrates a strong financial trajectory, particularly in recent years, with revenue growing from $821,996 in 2021 to $3,714,685 in 2024. The organization consistently operates with a surplus, as seen in the 2024 period where revenue of $3,714,685 exceeded expenses of $3,315,118, resulting in a net gain. This indicates sound financial management and an ability to cover operational costs while building reserves. The organization's assets have also shown significant growth, increasing from $277,553 in 2021 to $895,531 in 2024, further solidifying its financial position.

Spending efficiency appears to be robust, with a consistent pattern of expenses being well-managed relative to revenue. The organization's liabilities have remained relatively low compared to its assets, suggesting a healthy balance sheet. For instance, in 2024, liabilities were only $43,953 against assets of $895,531. A notable aspect of K Step Montessori Inc.'s transparency is the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is not drawing salaries, which can be a positive indicator of dedication to the mission and efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates K Step Montessori Inc with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, K Step Montessori Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is highly unusual for an organization of this size with revenues reaching $3.7 million.

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 K Step Montessori Inc's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits granular efficiency analysis.

Strengths

The following positive indicators were identified for K Step Montessori Inc:

Strong and consistent revenue growth, particularly in recent years (e.g., $821,996 in 2021 to $3,714,685 in 2024).
Consistent financial surpluses, with revenue exceeding expenses in most periods (e.g., $3,714,685 revenue vs. $3,315,118 expenses in 2024).
Significant growth in assets, from $277,553 in 2021 to $895,531 in 2024, indicating increasing financial capacity.
Very low liabilities relative to assets, suggesting a healthy balance sheet and minimal debt burden.
0% reported officer compensation across all filings, indicating a high level of dedication to the mission and efficient use of funds.

Frequently Asked Questions about K Step Montessori Inc

Is K Step Montessori Inc. financially stable?

Yes, K Step Montessori Inc. appears financially stable, demonstrating consistent revenue growth, particularly from $821,996 in 2021 to $3,714,685 in 2024, and maintaining healthy surpluses where revenue exceeds expenses, such as in 2024 ($3,714,685 revenue vs. $3,315,118 expenses).

How has K Step Montessori Inc.'s asset base changed over time?

The organization's asset base has shown significant growth, increasing from $277,553 in 2021 to $895,531 in 2024, indicating a strengthening financial position.

What is the trend in K Step Montessori Inc.'s liabilities?

Liabilities have generally remained low relative to assets, for example, $43,953 in 2024 against $895,531 in assets, suggesting prudent financial management and limited debt.

Does K Step Montessori Inc. pay its officers?

No, K Step Montessori Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that its leadership does not receive salaries from the organization.

Is K Step Montessori Inc. a good charity?

Based on its strong financial growth, consistent surpluses, increasing assets, and the notable absence of officer compensation, K Step Montessori Inc. exhibits strong indicators of financial health and dedication to its mission, suggesting it is a well-managed organization.

Filing History

IRS 990 filing history for K Step Montessori Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), K Step Montessori Inc's revenue has grown by 245.4%, moving from $1.1M to $3.7M. Total assets increased by 2649.7% over the same period, from $33K to $896K. Total functional expenses rose by 204.1%, from $1.1M to $3.3M. In its most recent filing year (2024), K Step Montessori Inc reported a surplus of $400K, with revenue exceeding expenses. The organization holds $44K in liabilities against $896K in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $852K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$3.7M	$3.3M	$896K	$44K	—	View 990
2023	$2.6M	$2.5M	$467K	$15K	—	View 990
2022	$2.0M	$1.5M	$426K	$5K	—	View 990
2021	$822K	$969K	$278K	$340K	—	—
2020	$1.6M	$1.7M	$431K	$347K	—	View 990
2019	$4.7M	$4.5M	$353K	$130K	—	View 990
2018	$3.3M	$3.2M	$340K	$326K	—	View 990
2017	$2.5M	$2.8M	$447K	$462K	—	View 990
2016	$2.3M	$2.2M	$532K	$252K	—	View 990
2015	$1.0M	$918K	$295K	$24K	—	View 990
2014	$1.9M	$1.8M	$228K	$46K	—	View 990
2013	$1.5M	$1.5M	$155K	$5K	—	View 990
2012	$1.2M	$1.2M	$106K	$5K	—	View 990
2011	$1.1M	$1.1M	$33K	$3K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $3.7M, expenses of $3.3M, and assets of $896K (revenue +44.7% year-over-year).
2023: Revenue of $2.6M, expenses of $2.5M, and assets of $467K (revenue +29.8% year-over-year).
2022: Revenue of $2.0M, expenses of $1.5M, and assets of $426K (revenue +140.6% year-over-year).
2021: Revenue of $822K, expenses of $969K, and assets of $278K (revenue -47.1% year-over-year).
2020: Revenue of $1.6M, expenses of $1.7M, and assets of $431K (revenue -66.9% year-over-year).
2019: Revenue of $4.7M, expenses of $4.5M, and assets of $353K (revenue +43.8% year-over-year).
2018: Revenue of $3.3M, expenses of $3.2M, and assets of $340K (revenue +28.5% year-over-year).
2017: Revenue of $2.5M, expenses of $2.8M, and assets of $447K (revenue +12.5% year-over-year).
2016: Revenue of $2.3M, expenses of $2.2M, and assets of $532K (revenue +124.3% year-over-year).
2015: Revenue of $1.0M, expenses of $918K, and assets of $295K (revenue -45.6% year-over-year).
2014: Revenue of $1.9M, expenses of $1.8M, and assets of $228K (revenue +22.7% year-over-year).
2013: Revenue of $1.5M, expenses of $1.5M, and assets of $155K (revenue +23.4% year-over-year).
2012: Revenue of $1.2M, expenses of $1.2M, and assets of $106K (revenue +13.7% year-over-year).
2011: Revenue of $1.1M, expenses of $1.1M, and assets of $33K.

Data Sources and Methodology

This transparency report for K Step Montessori 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.