Monadnock Waldorf School
Monadnock Waldorf School faces significant financial decline with consistent operating deficits and nearly 50% revenue drop over six years.
EIN: 20330235 · Keene, NH · NTEE: B24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| Net Assets | $682K |
| Transparency Score | 45/100 |
Is Monadnock Waldorf School Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monadnock Waldorf School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monadnock Waldorf School
Monadnock Waldorf School (EIN: 20330235) is a nonprofit organization based in Keene, NH, classified under NTEE code B24Z. The organization reported total revenue of $2K and total assets of $462K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monadnock Waldorf School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monadnock Waldorf School is a micro nonprofit that has been operating for 49 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-206,392 |
| Total Assets | $699K |
| Total Liabilities | $17K |
| Net Assets | $682K |
| Operating Margin | -18.5% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2021, Monadnock Waldorf School reported a deficit of $206K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Monadnock Waldorf School's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -1.8% | +9.9% | -61.7% |
| 2020 | -9.8% | -11.8% | +9.0% |
| 2019 | -35.3% | -40.1% | -13.6% |
| 2018 | -0.3% | +9.7% | -22.5% |
| 2017 | -7.1% | -13.1% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 0000 |
| IRS Ruling Date | 1977 |
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 Monadnock Waldorf School with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Monadnock Waldorf School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $206K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either no compensation is paid to officers or it is not reported in this category, which is a positive indicator for resource allocation if truly zero.
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 Monadnock Waldorf School's IRS 990 filings:
- Consistent operating deficits across all reported periods (e.g., $206,392 deficit in 2021).
- Significant decline in total revenue from $2,209,096 in 2015 to $1,114,334 in 2021.
- Substantial decrease in total assets from $2,718,688 in 2014 to $699,021 in 2021.
- Current assets ($699,021 in 2021) are significantly lower than historical liabilities (e.g., $1,036,462 in 2017), raising concerns about long-term solvency.
Strengths
The following positive indicators were identified for Monadnock Waldorf School:
- Reported 0% officer compensation across all filings, indicating efficient use of funds at the executive level.
- Consistent filing of IRS Form 990s demonstrates a commitment to regulatory compliance and transparency.
Frequently Asked Questions about Monadnock Waldorf School
Is Monadnock Waldorf School a legitimate charity?
Based on AI analysis of IRS 990 filings, Monadnock Waldorf School (EIN: 20330235) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Monadnock Waldorf School spend its money?
Monadnock Waldorf School directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monadnock Waldorf School tax-deductible?
Monadnock Waldorf School is registered as a tax-exempt nonprofit (EIN: 20330235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Monadnock Waldorf School's spending goes to programs?
Monadnock Waldorf School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Monadnock Waldorf School compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Monadnock Waldorf School is near average for NTEE category B24Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Monadnock Waldorf School located?
Monadnock Waldorf School is headquartered in Keene, New Hampshire and files with the IRS under EIN 20330235. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Monadnock Waldorf School have?
Monadnock Waldorf School has 11 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 $2K in total revenue.
What is the reason for the consistent operating deficits?
The organization has consistently reported expenses exceeding revenue, for example, $1,320,726 in expenses against $1,114,334 in revenue in 2021, indicating a structural imbalance in its financial model.
Why have revenues and assets declined so significantly?
Revenue has dropped from a high of $2,209,096 in 2015 to $1,114,334 in 2021, and assets from $2,718,688 in 2014 to $699,021 in 2021, suggesting a substantial reduction in funding sources or operational scale.
How is the organization covering its annual deficits?
With expenses consistently higher than revenue (e.g., $206,392 deficit in 2021), the organization must be drawing down its assets or utilizing other unreported funding mechanisms to sustain operations.
What is the plan to achieve financial sustainability?
The consistent deficits and declining asset base indicate a need for a clear strategy to either increase revenue or significantly reduce expenses to ensure long-term viability.
Filing History
IRS 990 filing history for Monadnock Waldorf School showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Monadnock Waldorf School's revenue has declined by 43.5%, moving from $2.0M to $1.1M. Total assets decreased by 73.8% over the same period, from $2.7M to $699K. Total functional expenses fell by 26.8%, from $1.8M to $1.3M. In its most recent filing year (2021), Monadnock Waldorf School reported a deficit of $206K, with expenses exceeding revenue. The organization holds $17K in liabilities against $699K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $682K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.1M | $1.3M | $699K | $17K | — | View 990 |
| 2020 | $1.1M | $1.2M | $1.8M | $960K | — | View 990 |
| 2019 | $1.3M | $1.4M | $1.7M | $737K | — | View 990 |
| 2018 | $1.9M | $2.3M | $1.9M | $900K | — | View 990 |
| 2017 | $2.0M | $2.1M | $2.5M | $1.0M | — | View 990 |
| 2016 | $2.1M | $2.4M | $2.4M | $937K | — | View 990 |
| 2015 | $2.2M | $2.2M | $2.7M | $941K | — | View 990 |
| 2014 | $2.1M | $2.1M | $2.7M | $946K | — | View 990 |
| 2013 | $1.9M | $2.2M | $2.4M | $736K | — | View 990 |
| 2012 | $1.9M | $2.0M | $2.7M | $836K | — | View 990 |
| 2011 | $2.0M | $1.8M | $2.7M | $717K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $699K (revenue -1.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $1.8M (revenue -9.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $1.7M (revenue -35.3% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.3M, and assets of $1.9M (revenue -0.3% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.1M, and assets of $2.5M (revenue -7.1% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.4M, and assets of $2.4M (revenue -4.9% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.2M, and assets of $2.7M (revenue +6.3% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.1M, and assets of $2.7M (revenue +7.7% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.2M, and assets of $2.4M (revenue +2.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.0M, and assets of $2.7M (revenue -4.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.8M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monadnock Waldorf School:
Data Sources and Methodology
This transparency report for Monadnock Waldorf 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.