The Montessori Learning Center Of Fort Walton Beach Inc
EIN: 592210929 · Ft Walton Bch, FL · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $858K |
| Total Expenses | $615K |
| Net Assets | $634K |
Is The Montessori Learning Center Of Fort Walton Beach Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Montessori Learning Center Of Fort Walton Beach Inc
The Montessori Learning Center Of Fort Walton Beach Inc (EIN: 592210929) is a nonprofit organization based in Ft Walton Bch, FL, classified under NTEE code B21Z. The organization reported total revenue of $858K and total assets of $929K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Montessori Learning Center Of Fort Walton Beach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Montessori Learning Center Of Fort Walton Beach Inc is a small nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $670K |
| Total Expenses | $615K |
| Surplus / Deficit | +$55K |
| Total Assets | $732K |
| Total Liabilities | $98K |
| Net Assets | $634K |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 13.4% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, The Montessori Learning Center Of Fort Walton Beach Inc reported a surplus of $55K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 13.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), The Montessori Learning Center Of Fort Walton Beach Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +26.6% | +8.1% |
| 2022 | +8.7% | +0.6% | +25.8% |
| 2021 | +20.8% | +15.0% | +62.7% |
| 2020 | +46.5% | +51.4% | +72.9% |
| 2019 | +41.5% | +8.1% | +73.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Montessori Learning Center Of Fort Walton Beach 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 The Montessori Learning Center Of Fort Walton Beach 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 surplus of $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.4%.
Frequently Asked Questions about The Montessori Learning Center Of Fort Walton Beach Inc
Is The Montessori Learning Center Of Fort Walton Beach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Montessori Learning Center Of Fort Walton Beach Inc (EIN: 592210929) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Montessori Learning Center Of Fort Walton Beach Inc spend its money?
Detailed spending breakdown data is not yet available for The Montessori Learning Center Of Fort Walton Beach Inc. Check back for updated IRS 990 analysis.
Are donations to The Montessori Learning Center Of Fort Walton Beach Inc tax-deductible?
The Montessori Learning Center Of Fort Walton Beach Inc is registered as a tax-exempt nonprofit (EIN: 592210929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Montessori Learning Center Of Fort Walton Beach Inc located?
The Montessori Learning Center Of Fort Walton Beach Inc is headquartered in Ft Walton Bch, Florida and files with the IRS under EIN 592210929. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does The Montessori Learning Center Of Fort Walton Beach Inc have?
The Montessori Learning Center Of Fort Walton Beach Inc 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 $858K in total revenue.
Filing History
IRS 990 filing history for The Montessori Learning Center Of Fort Walton Beach Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Montessori Learning Center Of Fort Walton Beach Inc's revenue has grown by 469.3%, moving from $118K to $670K. Total assets increased by 2494.3% over the same period, from $28K to $732K. Total functional expenses rose by 439.4%, from $114K to $615K. In its most recent filing year (2023), The Montessori Learning Center Of Fort Walton Beach Inc reported a surplus of $55K, with revenue exceeding expenses. The organization holds $98K in liabilities against $732K in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $634K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $670K | $615K | $732K | $98K | — | — |
| 2022 | $684K | $486K | $677K | $99K | — | View 990 |
| 2021 | $629K | $483K | $538K | $158K | — | View 990 |
| 2020 | $520K | $420K | $331K | $97K | — | View 990 |
| 2019 | $355K | $277K | $191K | $58K | — | View 990 |
| 2018 | $251K | $257K | $110K | $54K | — | View 990 |
| 2017 | $200K | $214K | $82K | $20K | — | View 990 |
| 2016 | $190K | $166K | $79K | $3K | — | View 990 |
| 2015 | $172K | $153K | $54K | $3K | — | View 990 |
| 2014 | $157K | $153K | $33K | $0 | — | View 990 |
| 2013 | $139K | $131K | $30K | $744 | — | View 990 |
| 2012 | $118K | $114K | $28K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $670K, expenses of $615K, and assets of $732K (revenue -2.0% year-over-year).
- 2022: Revenue of $684K, expenses of $486K, and assets of $677K (revenue +8.7% year-over-year).
- 2021: Revenue of $629K, expenses of $483K, and assets of $538K (revenue +20.8% year-over-year).
- 2020: Revenue of $520K, expenses of $420K, and assets of $331K (revenue +46.5% year-over-year).
- 2019: Revenue of $355K, expenses of $277K, and assets of $191K (revenue +41.5% year-over-year).
- 2018: Revenue of $251K, expenses of $257K, and assets of $110K (revenue +25.7% year-over-year).
- 2017: Revenue of $200K, expenses of $214K, and assets of $82K (revenue +5.2% year-over-year).
- 2016: Revenue of $190K, expenses of $166K, and assets of $79K (revenue +10.2% year-over-year).
- 2015: Revenue of $172K, expenses of $153K, and assets of $54K (revenue +9.9% year-over-year).
- 2014: Revenue of $157K, expenses of $153K, and assets of $33K (revenue +12.9% year-over-year).
- 2013: Revenue of $139K, expenses of $131K, and assets of $30K (revenue +17.9% year-over-year).
- 2012: Revenue of $118K, expenses of $114K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Montessori Learning Center Of Fort Walton Beach Inc:
Data Sources and Methodology
This transparency report for The Montessori Learning Center Of Fort Walton Beach 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.