Montclair Kimberly Academy Foundation
EIN: 237365263 · Montclair, NJ · NTEE: B200
| Metric | Value |
|---|---|
| Total Revenue | $73.7M |
| Total Expenses | $49.1M |
| Net Assets | $82.7M |
Is Montclair Kimberly Academy Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Montclair Kimberly Academy Foundation
Montclair Kimberly Academy Foundation (EIN: 237365263) is a nonprofit organization based in Montclair, NJ, classified under NTEE code B200. The organization reported total revenue of $73.7M and total assets of $102.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montclair Kimberly Academy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montclair Kimberly Academy Foundation is a major nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53.5M |
| Total Expenses | $49.1M |
| Surplus / Deficit | +$4.4M |
| Total Assets | $92.3M |
| Total Liabilities | $9.6M |
| Net Assets | $82.7M |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Montclair Kimberly Academy Foundation reported a surplus of $4.4M with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Montclair Kimberly Academy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | +5.6% | +6.7% |
| 2022 | -4.0% | +6.0% | -3.1% |
| 2021 | +5.7% | -0.9% | +16.4% |
| 2020 | +14.5% | +5.7% | +7.0% |
| 2019 | -0.2% | -0.1% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Montclair Kimberly Academy Foundation 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 Montclair Kimberly Academy Foundation 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 surplus of $4.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about Montclair Kimberly Academy Foundation
Is Montclair Kimberly Academy Foundation a legitimate charity?
Montclair Kimberly Academy Foundation (EIN: 237365263) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $73.7M. No red flags identified. Financial health grade: A.
How does Montclair Kimberly Academy Foundation spend its money?
Montclair Kimberly Academy Foundation reported $73.7M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Montclair Kimberly Academy Foundation tax-deductible?
Montclair Kimberly Academy Foundation is registered as a tax-exempt nonprofit (EIN: 237365263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Montclair Kimberly Academy Foundation located?
Montclair Kimberly Academy Foundation is headquartered in Montclair, New Jersey and files with the IRS under EIN 237365263. It is classified under NTEE code B200.
How many years of IRS 990 filings does Montclair Kimberly Academy Foundation have?
Montclair Kimberly Academy Foundation 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 $73.7M in total revenue.
Filing History
IRS 990 filing history for Montclair Kimberly Academy Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Montclair Kimberly Academy Foundation's revenue has grown by 53.2%, moving from $34.9M to $53.5M. Total assets increased by 54.7% over the same period, from $59.6M to $92.3M. Total functional expenses rose by 53.3%, from $32.1M to $49.1M. In its most recent filing year (2023), Montclair Kimberly Academy Foundation reported a surplus of $4.4M, with revenue exceeding expenses. The organization holds $9.6M in liabilities against $92.3M in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $82.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53.5M | $49.1M | $92.3M | $9.6M | — | View 990 |
| 2022 | $51.6M | $46.5M | $86.5M | $10.5M | — | View 990 |
| 2021 | $53.7M | $43.9M | $89.2M | $11.1M | — | View 990 |
| 2020 | $50.8M | $44.3M | $76.6M | $14.8M | — | View 990 |
| 2019 | $44.4M | $41.9M | $71.6M | $12.5M | — | View 990 |
| 2018 | $44.5M | $41.9M | $64.6M | $8.5M | — | View 990 |
| 2017 | $41.1M | $39.7M | $60.4M | $7.0M | — | View 990 |
| 2016 | $39.3M | $38.5M | $59.1M | $9.2M | — | View 990 |
| 2015 | $38.8M | $36.9M | $77.2M | $11.0M | — | View 990 |
| 2014 | $40.8M | $35.5M | $75.3M | $10.4M | — | View 990 |
| 2012 | $35.6M | $33.5M | $62.7M | $10.5M | — | View 990 |
| 2011 | $34.9M | $32.1M | $59.6M | $9.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53.5M, expenses of $49.1M, and assets of $92.3M (revenue +3.7% year-over-year).
- 2022: Revenue of $51.6M, expenses of $46.5M, and assets of $86.5M (revenue -4.0% year-over-year).
- 2021: Revenue of $53.7M, expenses of $43.9M, and assets of $89.2M (revenue +5.7% year-over-year).
- 2020: Revenue of $50.8M, expenses of $44.3M, and assets of $76.6M (revenue +14.5% year-over-year).
- 2019: Revenue of $44.4M, expenses of $41.9M, and assets of $71.6M (revenue -0.2% year-over-year).
- 2018: Revenue of $44.5M, expenses of $41.9M, and assets of $64.6M (revenue +8.3% year-over-year).
- 2017: Revenue of $41.1M, expenses of $39.7M, and assets of $60.4M (revenue +4.4% year-over-year).
- 2016: Revenue of $39.3M, expenses of $38.5M, and assets of $59.1M (revenue +1.2% year-over-year).
- 2015: Revenue of $38.8M, expenses of $36.9M, and assets of $77.2M (revenue -4.9% year-over-year).
- 2014: Revenue of $40.8M, expenses of $35.5M, and assets of $75.3M (revenue +14.6% year-over-year).
- 2012: Revenue of $35.6M, expenses of $33.5M, and assets of $62.7M (revenue +2.0% year-over-year).
- 2011: Revenue of $34.9M, expenses of $32.1M, and assets of $59.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montclair Kimberly Academy Foundation:
Data Sources and Methodology
This transparency report for Montclair Kimberly Academy Foundation 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.