Lake Country Montessori Inc
Lake Country Montessori Inc shows recent revenue growth and no reported officer compensation.
EIN: 141838673 · Nashotah, WI · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $353K |
| Total Expenses | $312K |
| Program Spending | 90% |
| Net Assets | $38K |
| Transparency Score | 85/100 |
Is Lake Country Montessori Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lake Country Montessori Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lake Country Montessori Inc
Lake Country Montessori Inc (EIN: 141838673) is a nonprofit organization based in Nashotah, WI, classified under NTEE code B24. The organization reported total revenue of $353K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Country Montessori Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Country Montessori Inc is a small nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $378K |
| Total Expenses | $312K |
| Surplus / Deficit | +$66K |
| Total Assets | $68K |
| Total Liabilities | $30K |
| Net Assets | $38K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 44.2% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Lake Country Montessori Inc reported a surplus of $66K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 44.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Lake Country Montessori Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.8% | +36.3% | -12.0% |
| 2022 | +52.4% | -1.8% | +30.9% |
| 2021 | +42.4% | -1.1% | -40.9% |
| 2020 | -63.3% | -4.2% | -51.0% |
| 2019 | +29.9% | -1.0% | +37.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lake Country 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: 90%
- fundraising: 0%
According to IRS 990 filings, Lake Country Montessori Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly commendable for an organization of its size.
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 Lake Country Montessori Inc's IRS 990 filings:
- Fluctuating asset base over time
Strengths
The following positive indicators were identified for Lake Country Montessori Inc:
- Consistent 0% officer compensation
- Recent positive net income in 202308 ($65,738 surplus)
- Significant reduction in liabilities from 202108 to 202308
- Strong revenue growth in recent periods
Frequently Asked Questions about Lake Country Montessori Inc
Is Lake Country Montessori Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Country Montessori Inc (EIN: 141838673) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Lake Country Montessori Inc spend its money?
Lake Country Montessori Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lake Country Montessori Inc tax-deductible?
Lake Country Montessori Inc is registered as a tax-exempt nonprofit (EIN: 141838673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lake Country Montessori Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lake Country Montessori Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lake Country Montessori Inc located?
Lake Country Montessori Inc is headquartered in Nashotah, Wisconsin and files with the IRS under EIN 141838673. It is classified under NTEE code B24.
How many years of IRS 990 filings does Lake Country Montessori Inc have?
Lake Country Montessori Inc has 12 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 $353K in total revenue.
Is Lake Country Montessori Inc financially stable?
Yes, the organization appears to be improving its financial stability, with the 202308 period showing a revenue surplus of $65,738 ($378,183 revenue - $312,445 expenses) and a reduction in liabilities to $30,215.
How does Lake Country Montessori Inc manage executive compensation?
Lake Country Montessori Inc reports 0% officer compensation in all available filings, indicating that no compensation is paid to its officers.
Has the organization's revenue been growing?
Yes, revenue has shown significant growth, increasing from $117,142 in 202008 to $378,183 in 202308.
What is the trend in the organization's liabilities?
Liabilities have decreased significantly from a high of $113,369 in 202108 to $30,215 in 202308, indicating improved financial management.
Filing History
IRS 990 filing history for Lake Country Montessori Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Lake Country Montessori Inc's revenue has grown by 47.9%, moving from $256K to $378K. Total assets decreased by 17.3% over the same period, from $83K to $68K. Total functional expenses rose by 45.9%, from $214K to $312K. In its most recent filing year (2023), Lake Country Montessori Inc reported a surplus of $66K, with revenue exceeding expenses. The organization holds $30K in liabilities against $68K in assets (debt-to-asset ratio: 44.2%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $378K | $312K | $68K | $30K | — | — |
| 2022 | $254K | $229K | $78K | $107K | — | View 990 |
| 2021 | $167K | $233K | $59K | $113K | — | View 990 |
| 2020 | $117K | $236K | $100K | $101K | — | View 990 |
| 2019 | $319K | $247K | $205K | $77K | — | View 990 |
| 2018 | $246K | $249K | $149K | $95K | — | View 990 |
| 2017 | $196K | $182K | $57K | $0 | — | View 990 |
| 2016 | $102K | $97K | $43K | $0 | — | View 990 |
| 2014 | $169K | $234K | $60K | $0 | — | View 990 |
| 2013 | $242K | $253K | $125K | $0 | — | View 990 |
| 2012 | $288K | $231K | $135K | $0 | — | View 990 |
| 2011 | $256K | $214K | $83K | $5K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $378K, expenses of $312K, and assets of $68K (revenue +48.8% year-over-year).
- 2022: Revenue of $254K, expenses of $229K, and assets of $78K (revenue +52.4% year-over-year).
- 2021: Revenue of $167K, expenses of $233K, and assets of $59K (revenue +42.4% year-over-year).
- 2020: Revenue of $117K, expenses of $236K, and assets of $100K (revenue -63.3% year-over-year).
- 2019: Revenue of $319K, expenses of $247K, and assets of $205K (revenue +29.9% year-over-year).
- 2018: Revenue of $246K, expenses of $249K, and assets of $149K (revenue +25.4% year-over-year).
- 2017: Revenue of $196K, expenses of $182K, and assets of $57K (revenue +91.8% year-over-year).
- 2016: Revenue of $102K, expenses of $97K, and assets of $43K (revenue -39.6% year-over-year).
- 2014: Revenue of $169K, expenses of $234K, and assets of $60K (revenue -30.1% year-over-year).
- 2013: Revenue of $242K, expenses of $253K, and assets of $125K (revenue -15.9% year-over-year).
- 2012: Revenue of $288K, expenses of $231K, and assets of $135K (revenue +12.6% year-over-year).
- 2011: Revenue of $256K, expenses of $214K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Country Montessori Inc:
Data Sources and Methodology
This transparency report for Lake Country 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.