Montgomery Korean School
EIN: 263739797 · Montgomery, AL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $65K |
| Total Expenses | $69K |
| Net Assets | $64K |
Is Montgomery Korean School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Montgomery Korean School
Montgomery Korean School (EIN: 263739797) is a nonprofit organization based in Montgomery, AL, classified under NTEE code B20. The organization reported total revenue of $65K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montgomery Korean School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montgomery Korean School is a micro nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $69K |
| Surplus / Deficit | $-4,216 |
| Total Assets | $64K |
| Net Assets | $64K |
| Operating Margin | -6.5% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2019, Montgomery Korean School reported a deficit of $4K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Montgomery Korean School's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +2.3% | +39.5% | -6.2% |
| 2018 | +2.2% | +15.2% | +25.9% |
| 2017 | +35.6% | +12.2% | +55.1% |
| 2016 | +13.0% | — | +3470000.0% |
| 2015 | +1.5% | -100.0% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Montgomery Korean School 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 Montgomery Korean School 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Montgomery Korean School
Is Montgomery Korean School a legitimate charity?
Montgomery Korean School (EIN: 263739797) is a registered tax-exempt nonprofit based in Alabama. It has 9 years of IRS 990 filings on record. Total revenue: $65K. No red flags identified. Financial health grade: B.
How does Montgomery Korean School spend its money?
Montgomery Korean School reported $65K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Montgomery Korean School tax-deductible?
Montgomery Korean School is registered as a tax-exempt nonprofit (EIN: 263739797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Montgomery Korean School located?
Montgomery Korean School is headquartered in Montgomery, Alabama and files with the IRS under EIN 263739797. It is classified under NTEE code B20.
How many years of IRS 990 filings does Montgomery Korean School have?
Montgomery Korean School has 9 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 $65K in total revenue.
Filing History
IRS 990 filing history for Montgomery Korean School showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Montgomery Korean School's revenue has grown by 74%, moving from $37K to $65K. Total assets increased by 70.9% over the same period, from $37K to $64K. Total functional expenses rose by 61.7%, from $43K to $69K. In its most recent filing year (2019), Montgomery Korean School reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $65K | $69K | $64K | $0 | — | View 990 |
| 2018 | $64K | $50K | $68K | $0 | — | View 990 |
| 2017 | $62K | $43K | $54K | $0 | — | View 990 |
| 2016 | $46K | $38K | $35K | $0 | — | View 990 |
| 2015 | $41K | $0 | $1 | $0 | — | View 990 |
| 2014 | $40K | $45K | $24K | $0 | — | View 990 |
| 2013 | $42K | $41K | $29K | $0 | — | View 990 |
| 2012 | $41K | $50K | $28K | $0 | — | View 990 |
| 2011 | $37K | $43K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $65K, expenses of $69K, and assets of $64K (revenue +2.3% year-over-year).
- 2018: Revenue of $64K, expenses of $50K, and assets of $68K (revenue +2.2% year-over-year).
- 2017: Revenue of $62K, expenses of $43K, and assets of $54K (revenue +35.6% year-over-year).
- 2016: Revenue of $46K, expenses of $38K, and assets of $35K (revenue +13.0% year-over-year).
- 2015: Revenue of $41K, expenses of $0, and assets of $1 (revenue +1.5% year-over-year).
- 2014: Revenue of $40K, expenses of $45K, and assets of $24K (revenue -5.6% year-over-year).
- 2013: Revenue of $42K, expenses of $41K, and assets of $29K (revenue +3.4% year-over-year).
- 2012: Revenue of $41K, expenses of $50K, and assets of $28K (revenue +9.7% year-over-year).
- 2011: Revenue of $37K, expenses of $43K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montgomery Korean School:
Data Sources and Methodology
This transparency report for Montgomery Korean 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.