Red Oak Montessori School Inc

Is Red Oak Montessori School Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Red Oak Montessori School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Red Oak Montessori School Inc

Red Oak Montessori School Inc (EIN: 100004254) is a nonprofit organization based in Franklin, NH, classified under NTEE code B21. The organization reported total revenue of $159K and total assets of $328K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Oak Montessori School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Red Oak Montessori School 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, Red Oak Montessori School 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

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly positive for a nonprofit of its size, demonstrating a strong commitment to directing all funds towards its educational mission.

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 Red Oak Montessori School Inc's IRS 990 filings:

• Expenses exceeded revenue in 2023 ($215,901 expenses vs. $173,313 revenue) and 2022 ($194,928 expenses vs. $188,750 revenue), indicating reliance on reserves or prior surpluses.

Strengths

The following positive indicators were identified for Red Oak Montessori School Inc:

• Consistent reporting of 0% officer compensation across all filings, indicating strong dedication to mission.
• Maintains a healthy asset base, consistently above $290,000 in recent years, providing financial stability.
• Zero liabilities reported in most recent filings (2020-2023), demonstrating strong financial solvency.
• Long history of IRS 990 filings (13 periods), indicating consistent transparency and compliance.
• NTEE code B21 (Elementary & Secondary Education) aligns with the organization's name and mission.

Frequently Asked Questions about Red Oak Montessori School Inc

Filing History

IRS 990 filing history for Red Oak Montessori School Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Red Oak Montessori School Inc's revenue has grown by 224.8%, moving from $53K to $173K. Total assets decreased by 2.9% over the same period, from $301K to $293K. Total functional expenses rose by 297.9%, from $54K to $216K. In its most recent filing year (2023), Red Oak Montessori School Inc reported a deficit of $43K, with expenses exceeding revenue.

Year-by-Year Financial Summary

• 2023: Revenue of $173K, expenses of $216K, and assets of $293K (revenue -8.2% year-over-year).
• 2022: Revenue of $189K, expenses of $195K, and assets of $335K (revenue +10.0% year-over-year).
• 2021: Revenue of $172K, expenses of $128K, and assets of $342K (revenue +52.6% year-over-year).
• 2020: Revenue of $112K, expenses of $102K, and assets of $298K (revenue +17.2% year-over-year).
• 2019: Revenue of $96K, expenses of $85K, and assets of $292K (revenue +1.4% year-over-year).
• 2018: Revenue of $95K, expenses of $108K, and assets of $276K (revenue +12.5% year-over-year).
• 2017: Revenue of $84K, expenses of $77K, and assets of $289K (revenue +34.2% year-over-year).
• 2016: Revenue of $63K, expenses of $72K, and assets of $282K (revenue -21.1% year-over-year).
• 2015: Revenue of $79K, expenses of $89K, and assets of $291K (revenue -22.8% year-over-year).
• 2014: Revenue of $103K, expenses of $97K, and assets of $300K (revenue +40.4% year-over-year).
• 2013: Revenue of $73K, expenses of $71K, and assets of $294K (revenue +31.3% year-over-year).
• 2012: Revenue of $56K, expenses of $65K, and assets of $292K (revenue +4.5% year-over-year).
• 2011: Revenue of $53K, expenses of $54K, and assets of $301K.

Data Sources and Methodology

This transparency report for Red Oak 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.