Shrewsbury Montessori School Corporation

Is Shrewsbury Montessori School Corporation Legit?

Some Concerns

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

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

About Shrewsbury Montessori School Corporation

Shrewsbury Montessori School Corporation (EIN: 202035495) is a nonprofit organization based in Shrewsbury, MA, classified under NTEE code B21. The organization reported total revenue of $3.5M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shrewsbury Montessori School Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Shrewsbury Montessori School Corporation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Shrewsbury Montessori School Corporation reported a surplus of $666K with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Shrewsbury Montessori School Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.

IRS Tax-Exempt Classification

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 Shrewsbury Montessori School Corporation 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: 85%
• fundraising: 5%

According to IRS 990 filings, Shrewsbury Montessori School Corporation 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $666K, with revenue exceeding expenses.
• Debt-to-asset ratio: 13.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that top leadership may be volunteer-based or compensated through other categories, which is highly unusual for an organization of this size and revenue, and could indicate a very lean administrative cost structure at the executive level.

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 Shrewsbury Montessori School Corporation's IRS 990 filings:

• Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
• Consistent 0% officer compensation is unusual for an organization of this size and could warrant further inquiry into how executive leadership is compensated or structured.

Strengths

The following positive indicators were identified for Shrewsbury Montessori School Corporation:

• Consistent revenue growth, from $2,253,827 in 2014 to $3,540,167 in 2023, demonstrating strong financial health.
• Healthy asset accumulation, with assets more than doubling from $2,448,136 to $5,152,310 over the past decade.
• Expenses consistently lower than revenue, indicating effective financial management and operational sustainability.
• Regular and consistent IRS 990 filings over 13 periods, showing good transparency in financial reporting.

Frequently Asked Questions about Shrewsbury Montessori School Corporation

Filing History

IRS 990 filing history for Shrewsbury Montessori School Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Shrewsbury Montessori School Corporation's revenue has grown by 98.5%, moving from $1.8M to $3.5M. Total assets increased by 162.4% over the same period, from $2.0M to $5.2M. Total functional expenses rose by 85.3%, from $1.6M to $2.9M. In its most recent filing year (2023), Shrewsbury Montessori School Corporation reported a surplus of $666K, with revenue exceeding expenses. The organization holds $669K in liabilities against $5.2M in assets (debt-to-asset ratio: 13.0%), resulting in net assets of $4.5M.

Year-by-Year Financial Summary

• 2023: Revenue of $3.5M, expenses of $2.9M, and assets of $5.2M (revenue +11.0% year-over-year).
• 2022: Revenue of $3.2M, expenses of $2.5M, and assets of $4.6M (revenue +56.8% year-over-year).
• 2021: Revenue of $2.0M, expenses of $2.1M, and assets of $4.4M (revenue -16.3% year-over-year).
• 2020: Revenue of $2.4M, expenses of $2.2M, and assets of $3.6M (revenue -2.3% year-over-year).
• 2019: Revenue of $2.5M, expenses of $2.3M, and assets of $3.1M (revenue +4.9% year-over-year).
• 2018: Revenue of $2.4M, expenses of $2.3M, and assets of $2.9M (revenue +2.9% year-over-year).
• 2017: Revenue of $2.3M, expenses of $2.1M, and assets of $2.9M (revenue -7.9% year-over-year).
• 2016: Revenue of $2.5M, expenses of $2.2M, and assets of $2.7M (revenue +9.0% year-over-year).
• 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $2.4M (revenue +1.7% year-over-year).
• 2014: Revenue of $2.3M, expenses of $2.0M, and assets of $2.4M (revenue +1.4% year-over-year).
• 2013: Revenue of $2.2M, expenses of $1.8M, and assets of $2.4M (revenue +8.9% year-over-year).
• 2012: Revenue of $2.0M, expenses of $1.7M, and assets of $2.1M (revenue +14.5% year-over-year).
• 2011: Revenue of $1.8M, expenses of $1.6M, and assets of $2.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Shrewsbury Montessori School Corporation:

Data Sources and Methodology

This transparency report for Shrewsbury Montessori School Corporation 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.