Morningside Montessori School Association
Morningside Montessori School Association maintains stable finances with no reported officer compensation.
EIN: 132573905 · New York, NY · NTEE: B21Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Morningside Montessori School Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morningside Montessori School Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morningside Montessori School Association
Morningside Montessori School Association (EIN: 132573905) is a nonprofit organization based in New York, NY, classified under NTEE code B21Z. The organization reported total revenue of $1.8M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morningside Montessori School Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morningside Montessori School Association is a mid-size nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$37K |
| Total Assets | $2.5M |
| Total Liabilities | $921K |
| Net Assets | $1.6M |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 37.0% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2024, Morningside Montessori School Association reported a surplus of $37K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 37.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Morningside Montessori School Association's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.6% | +3.7% | -2.3% |
| 2023 | -13.7% | -2.1% | +22.0% |
| 2022 | +19.1% | +20.0% | -12.3% |
| 2021 | -6.9% | -8.5% | +23.9% |
| 2020 | +3.5% | +6.9% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
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 Morningside Montessori School Association 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Morningside Montessori School Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of this size with revenues consistently over $1.5 million.
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 Morningside Montessori School Association's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Morningside Montessori School Association:
- Consistent revenue generation, with revenue often exceeding expenses (e.g., $1,784,734 revenue vs. $1,748,088 expenses in 202408).
- Significant asset growth over time, from $1,274,152 in 201608 to $2,490,956 in 202408.
- 0% officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Long and consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Morningside Montessori School Association
Is Morningside Montessori School Association a legitimate charity?
Morningside Montessori School Association (EIN: 132573905) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Morningside Montessori School Association spend its money?
Morningside Montessori School Association directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Morningside Montessori School Association tax-deductible?
Morningside Montessori School Association is registered as a tax-exempt nonprofit (EIN: 132573905). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Morningside Montessori School Association CEO make?
Morningside Montessori School Association's highest-compensated officer earns $1.5 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Morningside Montessori School Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Morningside Montessori School Association is above average for NTEE category B21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Morningside Montessori School Association located?
Morningside Montessori School Association is headquartered in New York, New York and files with the IRS under EIN 132573905. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Morningside Montessori School Association have?
Morningside Montessori School Association has 14 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 Morningside Montessori School Association a good charity?
Based on the provided financial data, Morningside Montessori School Association appears to be a good charity. It consistently generates revenue to cover expenses, has growing assets, and notably reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission.
How has the organization's financial health changed over time?
The organization's financial health has been generally stable to improving. While there were periods where expenses slightly exceeded revenue (e.g., 202308, 201708, 201608), recent years show revenue exceeding expenses. Assets have grown significantly from $1,274,152 in 201608 to $2,490,956 in 202408, indicating long-term financial stability and growth.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it means that no salaries are paid to the organization's top executives or board members from the organization's funds. This suggests that leadership may be entirely volunteer-based or compensated through other means, allowing a greater proportion of revenue to be allocated to programs and operations.
Filing History
IRS 990 filing history for Morningside Montessori School Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Morningside Montessori School Association's revenue has grown by 17.3%, moving from $1.5M to $1.8M. Total assets increased by 48.7% over the same period, from $1.7M to $2.5M. Total functional expenses rose by 15.4%, from $1.5M to $1.7M. In its most recent filing year (2024), Morningside Montessori School Association reported a surplus of $37K, with revenue exceeding expenses. The organization holds $921K in liabilities against $2.5M in assets (debt-to-asset ratio: 37.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $1.7M | $2.5M | $921K | — | View 990 |
| 2023 | $1.6M | $1.7M | $2.5M | $1.2M | — | View 990 |
| 2022 | $1.9M | $1.7M | $2.1M | $687K | — | View 990 |
| 2021 | $1.6M | $1.4M | $2.4M | $934K | — | View 990 |
| 2020 | $1.7M | $1.6M | $1.9M | $689K | — | View 990 |
| 2019 | $1.6M | $1.5M | $1.9M | $764K | — | View 990 |
| 2018 | $1.7M | $1.6M | $1.6M | $711K | — | View 990 |
| 2017 | $1.2M | $1.4M | $1.4M | $733K | — | View 990 |
| 2016 | $1.5M | $1.7M | $1.3M | $470K | — | View 990 |
| 2015 | $1.6M | $1.7M | $1.7M | $699K | — | View 990 |
| 2014 | $1.6M | $1.6M | $1.9M | $809K | — | View 990 |
| 2013 | $1.5M | $1.5M | $1.7M | $681K | — | View 990 |
| 2012 | $1.5M | $1.6M | $1.6M | $640K | — | View 990 |
| 2011 | $1.5M | $1.5M | $1.7M | $692K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.8M, expenses of $1.7M, and assets of $2.5M (revenue +9.6% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.7M, and assets of $2.5M (revenue -13.7% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.7M, and assets of $2.1M (revenue +19.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $2.4M (revenue -6.9% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $1.9M (revenue +3.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $1.9M (revenue -5.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $1.6M (revenue +45.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.4M, and assets of $1.4M (revenue -18.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.7M, and assets of $1.3M (revenue -10.3% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $1.7M (revenue +1.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue +3.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $1.7M (revenue +0.7% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $1.6M (revenue +1.1% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morningside Montessori School Association:
Data Sources and Methodology
This transparency report for Morningside Montessori School Association 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.