Overview
What is Tower School In Marblehead Inc?
Tower School In Marblehead Inc is a coeducational, independent day school located at 75 West Shore Drive, Marblehead, MA 01945. It serves students from pre-kindergarten to grade 8, offering a comprehensive liberal curriculum. The school educates approximately 244 students annually and has successfully placed 26 of its graduates in various reputable public and private secondary schools. The institution's mission is to cultivate critical thinking, foster creative curiosity, encourage students to embrace challenges, and apply knowledge with confidence. It nurtures a community that thrives on diverse perspectives and talents. As of the provided information, the school employs 79 individuals.
Official website here: www.towerschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 89% - Three-Star out of Four Star Rating
Tower School In Marblehead Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance mainly in accountability and finance. The organization benefits from a high percentage of independent board members and robust oversight mechanisms, demonstrating a commitment to transparency and good governance.
The nonprofit showcases effective financial management, with a program expense ratio of 81.56%, reflecting a focus on its mission-driven activities. Additionally, the absence of material asset diversions and the presence of essential policies, such as conflict of interest and whistleblower policies, further strengthen its organizational integrity.
However, there is a noted concern with the liabilities to assets ratio at 59.40%, which may signal potential financial risk. While the organization performs well in many areas, stakeholders might want to keep an eye on this aspect as part of their overall assessment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tower School In Marblehead Inc?
98% of 25 reviewers on Facebook recommend Tower School in Marblehead Inc. Here is a summary of their reviews:
Many parents express their satisfaction with Tower School, highlighting the exceptional quality of education and support provided. Reviewers appreciate the dedicated teachers and the challenging programs that foster learning in a supportive community. The sentiment is clear that families feel they made a great choice by choosing Tower School, with some even wishing they had enrolled their children sooner.
Overall, Tower School appears to genuinely fulfill its commitment to providing a nurturing and enriching educational experience, as reflected in the overwhelmingly positive ratings and recommendations from parents.
This AI summary has been generated from reviews found on Facebook.
Is Tower School In Marblehead Inc legitimate?
Tower School In Marblehead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tower School In Marblehead 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: $437,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,812,368
For more financial information, click here
Official website here: www.towerschool.org
What is the mission statement of Tower School In Marblehead Inc?
Tower School In Marblehead Inc's mission is centered around educating its students from pre-kindergarten to grade 8. The school encourages critical thinking and creativity in its students, fostering a joyful curiosity and confidence in applying knowledge. It encourages students to embrace challenges and thrive in a diverse community rich in perspectives and talents. The school's broader liberal curriculum aims to prepare students for secondary education, with 26 graduates successfully placed in both public and private institutions.
Official website here: www.towerschool.org
Who is the CEO of Tower School In Marblehead Inc?
Michael Gordon is the Trustee of Tower School In Marblehead Inc.
Official website here: www.towerschool.org
What is the revenue of Tower School In Marblehead Inc?
Tower School In Marblehead Inc's revenue in 2023 was $9,853,687.
Official website here: www.towerschool.org
Who are the executives of Tower School In Marblehead Inc and what are their salaries?
The average compensation at Tower School In Marblehead Inc during 2023 was $53,799. There are 79 employees and 125 volunteers at Tower School In Marblehead Inc.
Here are 23 key members and their salaries:
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- Other: $37,108
Official website here: www.towerschool.org
Where can I find the form 990 for Tower School In Marblehead Inc?
Tower School In Marblehead Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.towerschool.org
Learn more at the official website: www.towerschool.org
Mission Statement of Tower School In Marblehead Inc
Tower School In Marblehead Inc, an independent day school, is dedicated to educating students from pre-kindergarten to grade 8. Their mission is to foster critical thinking and creativity in their pupils, cultivating a joyful curiosity and encouraging them to embrace challenges. The school's approach empowers students to apply their knowledge with confidence and thrive within a diverse community filled with varying perspectives and talents. By providing a broad liberal curriculum, Tower School In Marblehead Inc aims to prepare its students for success in both public and private secondary schools.
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Impact
July, 2024
Tower School In Marblehead Inc, an independent day school serving pre-kindergarten through grade 8 in Marblehead, MA, has a significant impact on the community by providing a broad liberal curriculum to its students. With a mission to teach students critical and creative thinking, joyful curiosity, and confidence in applying knowledge, the school plays a crucial role in shaping the next generation of learners.
By educating 244 students and graduating 26 students annually, Tower School contributes to the academic development of young minds. Additionally, the school's success is evident in its ability to place students in numerous quality public and private secondary schools, ensuring that graduates continue to excel in their educational pursuits.
Overall, Tower School's impact can be seen in its dedication to fostering a community rich with diverse perspectives and talents, preparing students to thrive in an ever-changing world. Through its commitment to education and holistic development, Tower School is making a lasting impression on both its students and the broader community.
This information is meant to be a general summary of Tower School In Marblehead Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $226,739
- Program Service Revenue: $9,180,094
- Gross Receipts: $10,988,843
Assets and Liabilities:
- Total Assets: $20,381,864
- Total Liabilities: $12,108,849
- Net Assets: $8,273,015
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$9,147,492
SUMMER PROGRAM
Revenue
$19,675
PARENTS ASSOCIATION
Revenue
$12,927
Organization Details
Founding Year
1912
Phone
(781) 631-5800Principal Officer
Michael Gordon
Main Address
75 WEST SHORE DRIVE, MARBLEHEAD, MA, 01945
Website
www.towerschool.orgNTEE Category
Code: B21Z - Education
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