Opus Montessori School Inc
EIN: 821003631 · Barrington, IL · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $779K |
| Total Expenses | $618K |
| Net Assets | $143K |
Is Opus Montessori School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Opus Montessori School Inc
Opus Montessori School Inc (EIN: 821003631) is a nonprofit organization based in Barrington, IL, classified under NTEE code P33. The organization reported total revenue of $779K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opus Montessori School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opus Montessori School Inc is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 134.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $692K |
| Total Expenses | $618K |
| Surplus / Deficit | +$74K |
| Total Assets | $235K |
| Total Liabilities | $91K |
| Net Assets | $143K |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 38.9% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Opus Montessori School Inc reported a surplus of $74K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 38.9% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Opus Montessori School Inc's revenue has grown at a compound annual growth rate (CAGR) of 134.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.5% | +25.1% | +14.8% |
| 2022 | +40.8% | +47.4% | +163.2% |
| 2021 | +261.5% | +147.6% | +1286.4% |
| 2020 | +944.9% | +1045.2% | +44.3% |
| 2019 | +8.8% | +4.9% | -11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Opus Montessori School Inc 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 Opus Montessori School Inc 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 $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.9%.
Frequently Asked Questions about Opus Montessori School Inc
Is Opus Montessori School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Opus Montessori School Inc (EIN: 821003631) insufficient data. 0 red flags identified, 0 strengths noted.
How does Opus Montessori School Inc spend its money?
Detailed spending breakdown data is not yet available for Opus Montessori School Inc. Check back for updated IRS 990 analysis.
Are donations to Opus Montessori School Inc tax-deductible?
Opus Montessori School Inc is registered as a tax-exempt nonprofit (EIN: 821003631). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Opus Montessori School Inc located?
Opus Montessori School Inc is headquartered in Barrington, Illinois and files with the IRS under EIN 821003631. It is classified under NTEE code P33.
How many years of IRS 990 filings does Opus Montessori School Inc have?
Opus Montessori School Inc has 6 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 $779K in total revenue.
Filing History
IRS 990 filing history for Opus Montessori School Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Opus Montessori School Inc's revenue has grown by 6988.5%, moving from $10K to $692K. Total assets increased by 5268.1% over the same period, from $4K to $235K. Total functional expenses rose by 5386.5%, from $11K to $618K. In its most recent filing year (2023), Opus Montessori School Inc reported a surplus of $74K, with revenue exceeding expenses. The organization holds $91K in liabilities against $235K in assets (debt-to-asset ratio: 38.9%), resulting in net assets of $143K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $692K | $618K | $235K | $91K | — | — |
| 2022 | $565K | $494K | $205K | $135K | — | View 990 |
| 2021 | $401K | $335K | $78K | $108K | — | View 990 |
| 2020 | $111K | $135K | $6K | $29K | — | View 990 |
| 2019 | $11K | $12K | $4K | $3K | — | View 990 |
| 2018 | $10K | $11K | $4K | $6K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $692K, expenses of $618K, and assets of $235K (revenue +22.5% year-over-year).
- 2022: Revenue of $565K, expenses of $494K, and assets of $205K (revenue +40.8% year-over-year).
- 2021: Revenue of $401K, expenses of $335K, and assets of $78K (revenue +261.5% year-over-year).
- 2020: Revenue of $111K, expenses of $135K, and assets of $6K (revenue +944.9% year-over-year).
- 2019: Revenue of $11K, expenses of $12K, and assets of $4K (revenue +8.8% year-over-year).
- 2018: Revenue of $10K, expenses of $11K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opus Montessori School Inc:
Data Sources and Methodology
This transparency report for Opus Montessori School 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.