Parkview Montessori School Inc
EIN: 362875726 · Mt Prospect, IL · NTEE: B21
Is Parkview 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 Parkview Montessori School Inc
Parkview Montessori School Inc (EIN: 362875726) is a nonprofit organization based in Mt Prospect, IL, classified under NTEE code B21. The organization reported total revenue of $1.9M and total assets of $423K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parkview Montessori School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parkview Montessori School Inc is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-68,178 |
| Total Assets | $978K |
| Total Liabilities | $654K |
| Net Assets | $324K |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 66.9% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Parkview Montessori School Inc reported a deficit of $68K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 66.9% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Parkview Montessori School Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.7% | +26.4% | -11.8% |
| 2022 | +19.3% | +59.2% | +16.1% |
| 2021 | +64.0% | +19.5% | +0.3% |
| 2020 | -8.0% | -6.0% | +581.7% |
| 2019 | -13.9% | -15.8% | +25.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parkview 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 Parkview 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 deficit of $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.9%.
Frequently Asked Questions about Parkview Montessori School Inc
Is Parkview Montessori School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parkview Montessori School Inc (EIN: 362875726) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parkview Montessori School Inc spend its money?
Detailed spending breakdown data is not yet available for Parkview Montessori School Inc. Check back for updated IRS 990 analysis.
Are donations to Parkview Montessori School Inc tax-deductible?
Parkview Montessori School Inc is registered as a tax-exempt nonprofit (EIN: 362875726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Parkview Montessori School Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Parkview Montessori School Inc's revenue has grown by 61.2%, moving from $1.5M to $2.4M. Total assets increased by 158.6% over the same period, from $378K to $978K. Total functional expenses rose by 50.8%, from $1.6M to $2.5M. In its most recent filing year (2023), Parkview Montessori School Inc reported a deficit of $68K, with expenses exceeding revenue. The organization holds $654K in liabilities against $978K in assets (debt-to-asset ratio: 66.9%), resulting in net assets of $324K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.5M | $978K | $654K | — | — |
| 2022 | $1.9M | $2.0M | $1.1M | $750K | — | View 990 |
| 2021 | $1.6M | $1.2M | $955K | $569K | — | View 990 |
| 2020 | $988K | $1.0M | $952K | $955K | — | View 990 |
| 2019 | $1.1M | $1.1M | $140K | $101K | — | View 990 |
| 2018 | $1.2M | $1.3M | $111K | $47K | — | View 990 |
| 2017 | $1.4M | $1.4M | $149K | $28K | — | View 990 |
| 2016 | $1.5M | $1.6M | $193K | $15K | — | View 990 |
| 2015 | $1.7M | $1.7M | $337K | $38K | — | View 990 |
| 2014 | $1.5M | $1.6M | $341K | $33K | — | View 990 |
| 2013 | $1.5M | $1.6M | $378K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.5M, and assets of $978K (revenue +24.7% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $1.1M (revenue +19.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $955K (revenue +64.0% year-over-year).
- 2020: Revenue of $988K, expenses of $1.0M, and assets of $952K (revenue -8.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $140K (revenue -13.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $111K (revenue -7.9% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $149K (revenue -10.6% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $193K (revenue -8.8% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $337K (revenue +10.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $341K (revenue +0.2% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.6M, and assets of $378K.
Data Sources and Methodology
This transparency report for Parkview 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.