Montessori School Of Louisville Inc
Montessori School Of Louisville Inc consistently generates operating surpluses, growing assets by over 300% in a decade.
EIN: 204212134 · Louisville, KY · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.8M |
| Transparency Score | 88/100 |
Is Montessori School Of Louisville Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Montessori School Of Louisville Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Montessori School Of Louisville Inc
Montessori School Of Louisville Inc (EIN: 204212134) is a nonprofit organization based in Louisville, KY, classified under NTEE code B20. The organization reported total revenue of $2.6M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montessori School Of Louisville Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montessori School Of Louisville Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$475K |
| Total Assets | $2.3M |
| Total Liabilities | $506K |
| Net Assets | $1.8M |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, Montessori School Of Louisville Inc reported a surplus of $475K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Montessori School Of Louisville Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +5.4% | +17.7% |
| 2022 | +56.6% | +7.0% | +23.5% |
| 2021 | -21.6% | -13.5% | +3.5% |
| 2020 | +0.7% | +9.3% | +14.2% |
| 2019 | +9.5% | +3.6% | +31.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Montessori School Of Louisville Inc with a Mission Score of 88 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, Montessori School Of Louisville 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $475K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.6%.
Executive Compensation Analysis
No officer compensation has been reported across all available IRS 990 filings, which is highly unusual for an organization of this size with revenues exceeding $2 million. This could indicate a volunteer leadership structure or that compensation is reported under different expense categories, warranting further investigation for complete 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 Montessori School Of Louisville Inc's IRS 990 filings:
- No officer compensation reported despite significant revenue, which may obscure how leadership is compensated or indicate a reliance on volunteer leadership for a large operation.
- Lack of detailed functional expense breakdown in summary data makes precise program, admin, and fundraising ratios difficult to ascertain without full 990 review.
Strengths
The following positive indicators were identified for Montessori School Of Louisville Inc:
- Consistent operating surpluses, indicating sound financial management and sustainability (e.g., $474,595 surplus in 2023).
- Significant asset growth over the past decade, from $560,983 in 2014 to $2,340,034 in 2023, strengthening its financial foundation.
- Revenue growth from $1,369,737 in 2014 to $2,491,025 in 2023, demonstrating increasing support and operational scale.
- Liabilities are well-managed relative to assets, indicating good solvency (e.g., $506,334 liabilities vs. $2,340,034 assets in 2023).
Frequently Asked Questions about Montessori School Of Louisville Inc
Is Montessori School Of Louisville Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Montessori School Of Louisville Inc (EIN: 204212134) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Montessori School Of Louisville Inc spend its money?
Montessori School Of Louisville Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Montessori School Of Louisville Inc tax-deductible?
Montessori School Of Louisville Inc is registered as a tax-exempt nonprofit (EIN: 204212134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Montessori School Of Louisville Inc CEO make?
Montessori School Of Louisville Inc's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Montessori School Of Louisville Inc's spending goes to programs?
Montessori School Of Louisville Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Montessori School Of Louisville Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Montessori School Of Louisville Inc 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 Montessori School Of Louisville Inc located?
Montessori School Of Louisville Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 204212134. It is classified under NTEE code B20.
How many years of IRS 990 filings does Montessori School Of Louisville Inc have?
Montessori School Of Louisville Inc 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 $2.6M in total revenue.
Is Montessori School Of Louisville Inc a good charity?
Based on its financial health, consistent operating surpluses, and significant asset growth, Montessori School Of Louisville Inc appears to be a financially well-managed organization. The absence of reported officer compensation is a unique characteristic that could be viewed positively, suggesting resources are directed elsewhere, or it may warrant further inquiry into how leadership is compensated.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over the past decade. Revenue has grown from $1,369,737 in 2014 to $2,491,025 in 2023, and assets have increased from $560,983 to $2,340,034 in the same period, demonstrating strong financial growth and stability.
What is the organization's spending efficiency?
Montessori School Of Louisville Inc demonstrates strong spending efficiency, consistently reporting expenses lower than revenues in most recent years. For example, in 2023, expenses were $2,016,430 against revenues of $2,491,025, indicating a significant portion of revenue is retained or reinvested.
Filing History
IRS 990 filing history for Montessori School Of Louisville Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Montessori School Of Louisville Inc's revenue has grown by 244.8%, moving from $722K to $2.5M. Total assets increased by 2032.7% over the same period, from $110K to $2.3M. Total functional expenses rose by 166.6%, from $756K to $2.0M. In its most recent filing year (2023), Montessori School Of Louisville Inc reported a surplus of $475K, with revenue exceeding expenses. The organization holds $506K in liabilities against $2.3M in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.0M | $2.3M | $506K | — | — |
| 2022 | $2.7M | $1.9M | $2.0M | $358K | — | View 990 |
| 2021 | $1.7M | $1.8M | $1.6M | $715K | — | — |
| 2020 | $2.2M | $2.1M | $1.6M | $583K | — | View 990 |
| 2019 | $2.2M | $1.9M | $1.4M | $487K | — | View 990 |
| 2018 | $2.0M | $1.8M | $1.0M | $423K | — | View 990 |
| 2017 | $1.7M | $1.6M | $979K | $501K | — | View 990 |
| 2016 | $1.5M | $1.4M | $791K | $412K | — | View 990 |
| 2015 | $1.5M | $1.3M | $707K | $456K | — | View 990 |
| 2014 | $1.4M | $1.2M | $561K | $334K | — | View 990 |
| 2013 | $862K | $774K | $205K | $198K | — | View 990 |
| 2012 | $873K | $870K | $102K | $181K | — | View 990 |
| 2011 | $722K | $756K | $110K | $192K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.0M, and assets of $2.3M (revenue -6.3% year-over-year).
- 2022: Revenue of $2.7M, expenses of $1.9M, and assets of $2.0M (revenue +56.6% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $1.6M (revenue -21.6% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.1M, and assets of $1.6M (revenue +0.7% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.9M, and assets of $1.4M (revenue +9.5% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.8M, and assets of $1.0M (revenue +15.3% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $979K (revenue +10.1% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $791K (revenue +4.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $707K (revenue +8.5% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $561K (revenue +58.9% year-over-year).
- 2013: Revenue of $862K, expenses of $774K, and assets of $205K (revenue -1.3% year-over-year).
- 2012: Revenue of $873K, expenses of $870K, and assets of $102K (revenue +20.8% year-over-year).
- 2011: Revenue of $722K, expenses of $756K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montessori School Of Louisville Inc:
Data Sources and Methodology
This transparency report for Montessori School Of Louisville 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.