Mount Royal Academy Inc

Mount Royal Academy Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 20472455 · Sunapee, NH · NTEE: B24Z · Updated: 2026-03-28

$2.1MRevenue

$853KAssets

90/100Mission Score (Excellent)

B24Z

About Mount Royal Academy Inc

Mount Royal Academy Inc (EIN: 20472455) is a nonprofit organization based in Sunapee, NH, classified under NTEE code B24Z. The organization reported total revenue of $2.1M and total assets of $853K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Royal Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mount Royal Academy Inc. demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For instance, in 2023, revenue was $1,914,485 against expenses of $1,881,395, leading to an increase in net assets. The organization's assets have grown significantly from $120,418 in 2014 to $775,750 in 2023, indicating sound financial management and accumulation of resources. The absence of reported officer compensation across all available filings suggests a high degree of financial efficiency and a focus on mission-related spending, which is a strong indicator of transparency and good governance.

The organization appears to be financially stable, with a healthy balance sheet. Liabilities have been managed effectively, showing fluctuations but generally remaining at a manageable level relative to assets. For example, in 2023, liabilities were $120,900 against assets of $775,750. This financial prudence, combined with consistent revenue generation, positions Mount Royal Academy Inc. well for sustained operations and program delivery. The consistent filing of IRS 990 forms over 13 periods also reflects a commitment to transparency and accountability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mount Royal Academy Inc with a Mission Score of 90 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, Mount Royal Academy 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.

Executive Compensation Analysis

Mount Royal Academy Inc. reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual and suggests a strong commitment to directing funds towards its mission rather than executive pay.

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.

Strengths

The following positive indicators were identified for Mount Royal Academy Inc:

Consistent revenue generation exceeding expenses in most recent years (e.g., 2023 revenue $1,914,485 vs. expenses $1,881,395).
Significant asset growth over the past decade (from $120,418 in 2014 to $775,750 in 2023).
No reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
Healthy financial reserves with assets significantly exceeding liabilities (e.g., 2023 assets $775,750 vs. liabilities $120,900).
Consistent IRS 990 filing history demonstrating transparency.

Frequently Asked Questions about Mount Royal Academy Inc

Is Mount Royal Academy Inc. a good charity?

Based on the available financial data, Mount Royal Academy Inc. appears to be a good charity. It consistently generates revenue to cover expenses, has growing assets, and reports no officer compensation, indicating a strong focus on its mission.

How has Mount Royal Academy Inc.'s financial health changed over time?

Mount Royal Academy Inc.'s financial health has improved significantly over time, with assets growing from $120,418 in 2014 to $775,750 in 2023, and revenues generally exceeding expenses, leading to a stronger financial position.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting that its officers are either unpaid volunteers or compensated through other means not reported as officer compensation on the 990, which is a highly efficient model for directing funds to programs.

Filing History

IRS 990 filing history for Mount Royal Academy Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mount Royal Academy Inc's revenue has grown by 167.4%, moving from $716K to $1.9M. Total assets increased by 147% over the same period, from $314K to $776K. Total functional expenses rose by 202.6%, from $622K to $1.9M. In its most recent filing year (2023), Mount Royal Academy Inc reported a surplus of $33K, with revenue exceeding expenses. The organization holds $121K in liabilities against $776K in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $655K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.9M	$1.9M	$776K	$121K	—	View 990
2022	$2.1M	$1.9M	$765K	$184K	—	View 990
2021	$2.1M	$1.7M	$547K	$212K	—	View 990
2020	$1.4M	$1.4M	$299K	$293K	—	View 990
2019	$1.7M	$1.7M	$159K	$164K	—	View 990
2018	$1.7M	$1.8M	$170K	$189K	—	View 990
2017	$1.6M	$1.7M	$233K	$211K	—	View 990
2016	$1.9M	$1.7M	$228K	$120K	—	View 990
2015	$1.6M	$1.7M	$178K	$172K	—	View 990
2014	$1.2M	$1.3M	$120K	$29K	—	View 990
2013	$1.0M	$938K	$116K	$9K	—	View 990
2012	$997K	$1.1M	$193K	$34K	—	View 990
2011	$716K	$622K	$314K	$57K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.9M, expenses of $1.9M, and assets of $776K (revenue -10.8% year-over-year).
2022: Revenue of $2.1M, expenses of $1.9M, and assets of $765K (revenue +3.5% year-over-year).
2021: Revenue of $2.1M, expenses of $1.7M, and assets of $547K (revenue +43.2% year-over-year).
2020: Revenue of $1.4M, expenses of $1.4M, and assets of $299K (revenue -15.4% year-over-year).
2019: Revenue of $1.7M, expenses of $1.7M, and assets of $159K (revenue +0.2% year-over-year).
2018: Revenue of $1.7M, expenses of $1.8M, and assets of $170K (revenue +5.4% year-over-year).
2017: Revenue of $1.6M, expenses of $1.7M, and assets of $233K (revenue -13.9% year-over-year).
2016: Revenue of $1.9M, expenses of $1.7M, and assets of $228K (revenue +15.5% year-over-year).
2015: Revenue of $1.6M, expenses of $1.7M, and assets of $178K (revenue +31.0% year-over-year).
2014: Revenue of $1.2M, expenses of $1.3M, and assets of $120K (revenue +24.2% year-over-year).
2013: Revenue of $1.0M, expenses of $938K, and assets of $116K (revenue +0.5% year-over-year).
2012: Revenue of $997K, expenses of $1.1M, and assets of $193K (revenue +39.2% year-over-year).
2011: Revenue of $716K, expenses of $622K, and assets of $314K.

Data Sources and Methodology

This transparency report for Mount Royal Academy 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.