Montessori School Of Central Vt Inc

Charity Navigator Rating: Needs Improvement

Montessori School Of Central Vt Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 64%. This rating indicates that while the organization demonstrates some strengths, particularly in board independence and program expense ratio, there are significant areas needing improvement, especially in financial transparency and accountability.

The organization exhibits a noteworthy commitment to governance, with a fully independent board and effective policies in place regarding conflicts of interest. However, the absence of key financial documents and policies, such as a whistleblower policy and tax forms on their website, raises concerns about their overall accountability. The program expense ratio of 83.24% suggests that a substantial portion of their funds is directed toward their programs, which is a positive aspect.

On the downside, the lack of financial statements and the low score in the liabilities to assets ratio indicates potential financial instability. The nonprofit needs to address these transparency issues to enhance trust and improve its rating.

This AI summary has been generated from information found on Charity Navigator.

Montessori School Of Central Vt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori School Of Central Vt Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $52,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $462,598

For more financial information, click here

Official website here: www.mscvt.org