South Walton Montessori Academy Inc
South Walton Montessori Academy Inc consistently operates with stable finances and reports no officer compensation.
EIN: 200357959 · Santa Rsa Bch, FL · NTEE: B24 · Updated: 2026-03-28
Is South Walton Montessori Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Walton Montessori Academy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Walton Montessori Academy Inc
South Walton Montessori Academy Inc (EIN: 200357959) is a nonprofit organization based in Santa Rsa Bch, FL, classified under NTEE code B24. The organization reported total revenue of $1.0M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Walton Montessori Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Walton Montessori Academy Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $854K |
| Total Expenses | $918K |
| Surplus / Deficit | $-63,263 |
| Total Assets | $1.4M |
| Total Liabilities | $351K |
| Net Assets | $1.1M |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 18.4 months |
Financial Health Grade: B
In 2024, South Walton Montessori Academy Inc reported a deficit of $63K with expenses exceeding revenue, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), South Walton Montessori Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.4% | +2.2% | -6.1% |
| 2023 | +1.7% | -2.6% | +2.1% |
| 2022 | -3.9% | +7.2% | -0.5% |
| 2021 | +9.3% | -0.8% | -0.4% |
| 2020 | -5.2% | -0.4% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 South Walton Montessori Academy Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, South Walton Montessori Academy Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers or that leadership roles are entirely volunteer-based, which is highly unusual for an organization of this size and suggests exceptional dedication to mission-focused spending.
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 South Walton Montessori Academy Inc's IRS 990 filings:
- No officer compensation reported across all filings, which, while positive for efficiency, can sometimes indicate compensation is hidden or structured in a way that isn't transparently reported as officer compensation.
Strengths
The following positive indicators were identified for South Walton Montessori Academy Inc:
- Consistent financial stability with stable assets and decreasing liabilities.
- Strong program focus implied by 0% officer compensation, suggesting high efficiency in directing funds to mission.
- Generally balanced budget with revenues often exceeding expenses.
- Long history of IRS 990 filings (14 filings) indicating sustained operation and compliance.
Frequently Asked Questions about South Walton Montessori Academy Inc
Is South Walton Montessori Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Walton Montessori Academy Inc (EIN: 200357959) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does South Walton Montessori Academy Inc spend its money?
South Walton Montessori Academy Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Walton Montessori Academy Inc tax-deductible?
South Walton Montessori Academy Inc is registered as a tax-exempt nonprofit (EIN: 200357959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is South Walton Montessori Academy Inc a good charity?
Based on the available IRS 990 data, South Walton Montessori Academy Inc appears to be a well-managed organization. It consistently maintains a healthy asset base, generally operates with a surplus or near break-even, and notably reports 0% officer compensation, suggesting a strong commitment to its educational mission.
How does South Walton Montessori Academy Inc manage its finances?
The academy manages its finances prudently, with revenues typically covering expenses. For example, in 202306, revenue was $953,525 against expenses of $898,168. Its assets have remained stable around $1.4 million, and liabilities have decreased over time, indicating sound financial stewardship.
What is the trend in the organization's financial health?
The organization demonstrates consistent financial health. While there was a slight deficit in the 202406 period (expenses $917,543 vs. revenue $854,280), this is an exception to a general trend of balanced or surplus operations. Assets are stable, and liabilities have been reduced, indicating improving long-term financial stability.
Filing History
IRS 990 filing history for South Walton Montessori Academy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), South Walton Montessori Academy Inc's revenue has grown by 7.4%, moving from $796K to $854K. Total assets decreased by 1% over the same period, from $1.4M to $1.4M. Total functional expenses rose by 42.1%, from $646K to $918K. In its most recent filing year (2024), South Walton Montessori Academy Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $351K in liabilities against $1.4M in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $854K | $918K | $1.4M | $351K | — | View 990 |
| 2023 | $954K | $898K | $1.5M | $380K | — | View 990 |
| 2022 | $937K | $922K | $1.5M | $404K | — | View 990 |
| 2021 | $976K | $860K | $1.5M | $428K | — | View 990 |
| 2020 | $892K | $867K | $1.5M | $549K | — | View 990 |
| 2019 | $941K | $870K | $1.4M | $468K | — | View 990 |
| 2018 | $748K | $738K | $1.3M | $494K | — | View 990 |
| 2017 | $848K | $872K | $1.4M | $527K | — | View 990 |
| 2016 | $768K | $732K | $1.4M | $544K | — | View 990 |
| 2015 | $802K | $681K | $1.4M | $590K | — | View 990 |
| 2014 | $727K | $637K | $1.3M | $615K | — | View 990 |
| 2013 | $707K | $653K | $1.2M | $636K | — | View 990 |
| 2012 | $590K | $779K | $1.2M | $660K | — | View 990 |
| 2011 | $796K | $646K | $1.4M | $684K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $854K, expenses of $918K, and assets of $1.4M (revenue -10.4% year-over-year).
- 2023: Revenue of $954K, expenses of $898K, and assets of $1.5M (revenue +1.7% year-over-year).
- 2022: Revenue of $937K, expenses of $922K, and assets of $1.5M (revenue -3.9% year-over-year).
- 2021: Revenue of $976K, expenses of $860K, and assets of $1.5M (revenue +9.3% year-over-year).
- 2020: Revenue of $892K, expenses of $867K, and assets of $1.5M (revenue -5.2% year-over-year).
- 2019: Revenue of $941K, expenses of $870K, and assets of $1.4M (revenue +25.8% year-over-year).
- 2018: Revenue of $748K, expenses of $738K, and assets of $1.3M (revenue -11.8% year-over-year).
- 2017: Revenue of $848K, expenses of $872K, and assets of $1.4M (revenue +10.4% year-over-year).
- 2016: Revenue of $768K, expenses of $732K, and assets of $1.4M (revenue -4.2% year-over-year).
- 2015: Revenue of $802K, expenses of $681K, and assets of $1.4M (revenue +10.3% year-over-year).
- 2014: Revenue of $727K, expenses of $637K, and assets of $1.3M (revenue +2.8% year-over-year).
- 2013: Revenue of $707K, expenses of $653K, and assets of $1.2M (revenue +19.9% year-over-year).
- 2012: Revenue of $590K, expenses of $779K, and assets of $1.2M (revenue -25.9% year-over-year).
- 2011: Revenue of $796K, expenses of $646K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Walton Montessori Academy Inc:
Data Sources and Methodology
This transparency report for South Walton Montessori Academy 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.