Skinner Elementary Montessori School
Skinner Elementary Montessori School shows revenue growth and no reported officer compensation, but carries substantial liabilities.
EIN: 204931420 · Vancouver, WA · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $771K |
| Total Expenses | $687K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $770,756. |
| Net Assets | $-764,416 |
| Transparency Score | 75/100 |
Is Skinner Elementary Montessori School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skinner Elementary Montessori School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skinner Elementary Montessori School
Skinner Elementary Montessori School (EIN: 204931420) is a nonprofit organization based in Vancouver, WA, classified under NTEE code B20. The organization reported total revenue of $771K and total assets of $258K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skinner Elementary Montessori School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skinner Elementary Montessori School is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $771K |
| Total Expenses | $687K |
| Surplus / Deficit | +$84K |
| Total Assets | $258K |
| Total Liabilities | $1.0M |
| Net Assets | $-764,416 |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 395.8% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2022, Skinner Elementary Montessori School reported a surplus of $84K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 395.8% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Skinner Elementary Montessori School's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +25.3% | +23.2% | +45.2% |
| 2021 | +22.7% | +6.0% | -69.7% |
| 2020 | +-0.0% | +8.4% | +5.1% |
| 2019 | +17.3% | +9.8% | +6.3% |
| 2018 | +4.1% | +11.5% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Skinner Elementary Montessori School with a Mission Score of 75 out of 100 (Good). 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, Skinner Elementary Montessori School 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 395.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from the organization, which is highly favorable for a nonprofit of its size with annual revenues approaching $770,756.
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 Skinner Elementary Montessori School's IRS 990 filings:
- Liabilities consistently and significantly exceed assets (e.g., $1,022,859 liabilities vs. $258,443 assets in 2022), indicating a potentially high debt burden or significant long-term obligations.
- The substantial and persistent negative net asset position raises questions about long-term financial solvency and resilience.
Strengths
The following positive indicators were identified for Skinner Elementary Montessori School:
- Consistent revenue growth over the past few years, from $427,520 in 2018 to $770,756 in 2022.
- No reported officer compensation across all available filings, indicating efficient use of funds at the leadership level.
- Positive net income in recent years (e.g., $83,933 in 2022 and $57,834 in 2021), demonstrating operational surpluses.
- Consistent filing of IRS Form 990s over 12 periods, indicating good regulatory compliance and transparency.
- Assets have shown recent growth, increasing from $177,996 in 2021 to $258,443 in 2022.
Frequently Asked Questions about Skinner Elementary Montessori School
Is Skinner Elementary Montessori School a legitimate charity?
Skinner Elementary Montessori School (EIN: 204931420) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $771K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Skinner Elementary Montessori School spend its money?
Skinner Elementary Montessori School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Skinner Elementary Montessori School tax-deductible?
Skinner Elementary Montessori School is registered as a tax-exempt nonprofit (EIN: 204931420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Skinner Elementary Montessori School CEO make?
Skinner Elementary Montessori School's highest-compensated officer earns $770,756. annually. The organization reported $771K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Skinner Elementary Montessori School's spending goes to programs?
Skinner Elementary Montessori School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Skinner Elementary Montessori School compare to similar nonprofits?
With a transparency score of 75/100 (Good), Skinner Elementary Montessori School is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Skinner Elementary Montessori School located?
Skinner Elementary Montessori School is headquartered in Vancouver, Washington and files with the IRS under EIN 204931420. It is classified under NTEE code B20.
How many years of IRS 990 filings does Skinner Elementary Montessori School have?
Skinner Elementary Montessori School has 12 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 $771K in total revenue.
What is the nature of the organization's significant liabilities?
The filings consistently show liabilities far exceeding assets (e.g., $1,022,859 in liabilities vs. $258,443 in assets in 2022). Understanding the composition of these liabilities (e.g., mortgages, bonds, program-related investments) is crucial for a complete financial picture.
How does the organization manage its long-term financial sustainability given its liability structure?
With liabilities consistently over $1 million, the organization's strategy for managing and reducing this debt, or if it represents long-term capital investments, would be important to assess its long-term viability.
What are the specific program activities and their associated costs?
While overall expenses are provided, a detailed breakdown of program service expenses would offer insight into how the $686,823 in expenses (2022) directly supports its educational mission.
Does the organization have an endowment or significant unrestricted net assets?
The asset figures are relatively modest compared to liabilities. Information on unrestricted net assets or an endowment would provide insight into financial reserves and resilience.
How does the organization plan to grow its assets relative to its liabilities?
While assets have grown recently, the gap between assets and liabilities remains large. A strategy for asset accumulation or liability reduction would be a key indicator of financial planning.
Filing History
IRS 990 filing history for Skinner Elementary Montessori School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Skinner Elementary Montessori School's revenue has grown by 22.7%, moving from $628K to $771K. Total assets decreased by 58.4% over the same period, from $621K to $258K. Total functional expenses fell by 6.6%, from $735K to $687K. In its most recent filing year (2022), Skinner Elementary Montessori School reported a surplus of $84K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $258K in assets (debt-to-asset ratio: 395.8%), resulting in net assets of $-764,416.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $771K | $687K | $258K | $1.0M | — | View 990 |
| 2021 | $615K | $557K | $178K | $1.0M | — | View 990 |
| 2020 | $501K | $526K | $588K | $1.6M | — | View 990 |
| 2019 | $501K | $485K | $559K | $1.5M | — | View 990 |
| 2018 | $428K | $442K | $526K | $1.5M | — | View 990 |
| 2017 | $411K | $396K | $504K | $1.4M | — | View 990 |
| 2016 | $370K | $376K | $501K | $1.4M | — | View 990 |
| 2015 | $306K | $349K | $519K | $1.4M | — | View 990 |
| 2014 | $379K | $416K | $525K | $1.2M | — | View 990 |
| 2013 | $506K | $558K | $595K | $1.1M | — | View 990 |
| 2012 | $546K | $692K | $591K | $940K | — | View 990 |
| 2011 | $628K | $735K | $621K | $824K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $771K, expenses of $687K, and assets of $258K (revenue +25.3% year-over-year).
- 2021: Revenue of $615K, expenses of $557K, and assets of $178K (revenue +22.7% year-over-year).
- 2020: Revenue of $501K, expenses of $526K, and assets of $588K (revenue +-0.0% year-over-year).
- 2019: Revenue of $501K, expenses of $485K, and assets of $559K (revenue +17.3% year-over-year).
- 2018: Revenue of $428K, expenses of $442K, and assets of $526K (revenue +4.1% year-over-year).
- 2017: Revenue of $411K, expenses of $396K, and assets of $504K (revenue +11.0% year-over-year).
- 2016: Revenue of $370K, expenses of $376K, and assets of $501K (revenue +21.1% year-over-year).
- 2015: Revenue of $306K, expenses of $349K, and assets of $519K (revenue -19.3% year-over-year).
- 2014: Revenue of $379K, expenses of $416K, and assets of $525K (revenue -25.2% year-over-year).
- 2013: Revenue of $506K, expenses of $558K, and assets of $595K (revenue -7.3% year-over-year).
- 2012: Revenue of $546K, expenses of $692K, and assets of $591K (revenue -13.0% year-over-year).
- 2011: Revenue of $628K, expenses of $735K, and assets of $621K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skinner Elementary Montessori School:
Data Sources and Methodology
This transparency report for Skinner Elementary Montessori School 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.