Love Of Learning Montessori School
Love Of Learning Montessori School consistently operates near break-even with no reported officer compensation.
EIN: 113498153 · Centerport, NY · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $473K |
| Transparency Score | 85/100 |
Is Love Of Learning Montessori School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Love Of Learning Montessori School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Love Of Learning Montessori School
Love Of Learning Montessori School (EIN: 113498153) is a nonprofit organization based in Centerport, NY, classified under NTEE code B20. The organization reported total revenue of $1.8M and total assets of $664K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love Of Learning Montessori School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love Of Learning Montessori School is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-39,507 |
| Total Assets | $660K |
| Total Liabilities | $187K |
| Net Assets | $473K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 28.3% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Love Of Learning Montessori School reported a deficit of $40K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 28.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Love Of Learning Montessori School's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +15.6% | -9.2% |
| 2022 | -11.7% | +16.5% | -14.6% |
| 2021 | +173.8% | +44.9% | +55.1% |
| 2020 | -45.1% | -37.7% | +204.0% |
| 2019 | -11.5% | -10.7% | -31.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Love Of Learning Montessori School 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Love Of Learning Montessori School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $1 million. This suggests either a volunteer leadership structure or that compensation is categorized differently, warranting further investigation for full transparency.
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 Love Of Learning Montessori School's IRS 990 filings:
- Unusually low or zero reported officer compensation may indicate compensation is categorized elsewhere, potentially obscuring full executive pay.
Strengths
The following positive indicators were identified for Love Of Learning Montessori School:
- Consistent reporting of 0% officer compensation, indicating strong mission focus or volunteer leadership.
- Generally stable financial operations with revenues largely covering expenses over the long term.
- Growing asset base, from $180,626 in 201908 to $659,801 in 202308, indicating increasing financial capacity.
- Reduced liabilities from a peak of $638,724 in 202008 to $187,004 in 202308, improving financial stability.
Frequently Asked Questions about Love Of Learning Montessori School
Is Love Of Learning Montessori School a legitimate charity?
Love Of Learning Montessori School (EIN: 113498153) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Love Of Learning Montessori School spend its money?
Love Of Learning Montessori School directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Love Of Learning Montessori School tax-deductible?
Love Of Learning Montessori School is registered as a tax-exempt nonprofit (EIN: 113498153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Love Of Learning Montessori School CEO make?
Love Of Learning Montessori School's highest-compensated officer earns $1 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Love Of Learning Montessori School's spending goes to programs?
Love Of Learning Montessori School directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Love Of Learning Montessori School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Love Of Learning Montessori School is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Love Of Learning Montessori School located?
Love Of Learning Montessori School is headquartered in Centerport, New York and files with the IRS under EIN 113498153. It is classified under NTEE code B20.
How many years of IRS 990 filings does Love Of Learning Montessori School have?
Love Of Learning 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 $1.8M in total revenue.
Is Love Of Learning Montessori School a good charity?
Based on the available IRS 990 data, Love Of Learning Montessori School appears to be a well-managed organization with a strong focus on its mission, evidenced by its consistent operations and zero reported officer compensation. Its financial health is generally stable, with assets growing and liabilities managed.
How does Love Of Learning Montessori School manage its executive compensation?
The IRS 990 filings consistently report 0% for officer compensation. This is a significant positive for transparency and mission focus, suggesting that the organization's leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990.
What is the financial trend of Love Of Learning Montessori School?
The organization generally operates near break-even, with revenues often slightly exceeding or falling slightly below expenses. For example, in 202208, revenue was $1,435,327 against expenses of $1,318,320, showing a surplus. In 202308, expenses slightly exceeded revenue ($1,523,465 vs. $1,483,958). Assets have shown growth over time, from $180,626 in 201908 to $659,801 in 202308.
Filing History
IRS 990 filing history for Love Of Learning Montessori School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Love Of Learning Montessori School's revenue has grown by 71.5%, moving from $865K to $1.5M. Total assets increased by 69.3% over the same period, from $390K to $660K. Total functional expenses rose by 80.2%, from $845K to $1.5M. In its most recent filing year (2023), Love Of Learning Montessori School reported a deficit of $40K, with expenses exceeding revenue. The organization holds $187K in liabilities against $660K in assets (debt-to-asset ratio: 28.3%), resulting in net assets of $473K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $660K | $187K | — | — |
| 2022 | $1.4M | $1.3M | $727K | $213K | — | View 990 |
| 2021 | $1.6M | $1.1M | $851K | $440K | — | View 990 |
| 2020 | $594K | $781K | $549K | $639K | — | View 990 |
| 2019 | $1.1M | $1.3M | $181K | $85K | — | View 990 |
| 2018 | $1.2M | $1.4M | $264K | $2K | — | View 990 |
| 2017 | $1.3M | $1.3M | $446K | $1K | — | View 990 |
| 2016 | $1.2M | $1.2M | $497K | $6K | — | View 990 |
| 2015 | $1.1M | $1.1M | $427K | $0 | — | View 990 |
| 2014 | $1.1M | $1.0M | $451K | $0 | — | View 990 |
| 2013 | $1.1M | $1.1M | $434K | $1K | — | View 990 |
| 2012 | $963K | $941K | $426K | $5K | — | View 990 |
| 2011 | $865K | $845K | $390K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $660K (revenue +3.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $727K (revenue -11.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.1M, and assets of $851K (revenue +173.8% year-over-year).
- 2020: Revenue of $594K, expenses of $781K, and assets of $549K (revenue -45.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.3M, and assets of $181K (revenue -11.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.4M, and assets of $264K (revenue -4.4% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $446K (revenue +4.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $497K (revenue +10.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $427K (revenue +3.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $451K (revenue -0.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $434K (revenue +10.8% year-over-year).
- 2012: Revenue of $963K, expenses of $941K, and assets of $426K (revenue +11.3% year-over-year).
- 2011: Revenue of $865K, expenses of $845K, and assets of $390K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Love Of Learning Montessori School:
Data Sources and Methodology
This transparency report for Love Of Learning 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.