Concord Montessori School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042470894 ✦ Concord, MA ✦ Designated as a 501(c)(3)

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Overview

What is Concord Montessori School Inc?

Concord Montessori School Inc is a nonprofit organization situated at 152 Annursnac Hill Rd, Concord, MA 01742. Their primary focus is on providing nursery school education for preschool-aged children. They generate their program service revenue solely through tuition income. The school offers supervision, guidance, and tutorial services to foster the emotional, physical, intellectual, and social development of young children, aiming to provide a holistic learning experience for their students. The school's mission is dedicated to nurturing the overall growth of young children, ensuring they develop essential life skills in a supportive and stimulating environment.


Official website here: www.concordmontessorischool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

Concord Montessori School Inc has achieved an 84% score on Charity Navigator, indicating a solid level of accountability and finance practices. This rating is primarily based on the organization’s effective management of resources, with a strong emphasis on transparency and financial health. The high marks in independent board membership and audit oversight reflect a robust governance structure that supports the nonprofit’s mission.

Key strengths of the organization include the absence of any material diversion of assets and efficient allocation of funds, with nearly 90% of expenses directed towards programs. The nonprofit also demonstrates high accountability with a well-documented approach to board meeting minutes and financial disclosures. However, the organization lacks a conflict of interest policy, whistleblower policy, and document retention policy, which are noted limitations in their governance practices.

Overall, while Concord Montessori School Inc shows commendable financial accountability and operational transparency, addressing the missing governance policies could further enhance its credibility and trustworthiness among stakeholders.


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

Is Concord Montessori School Inc legitimate?

Concord Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Montessori School 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: $116,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $478,525

For more financial information, click here


Official website here: www.concordmontessorischool.org

What is the mission statement of Concord Montessori School Inc?

Concord Montessori School Inc is committed to providing supervision, guidance, and tutorial services to aid in the emotional, physical, intellectual, and social development of young children. The school offers nursery school instruction specifically designed for preschool-aged children. Their mission is to foster a nurturing environment where these young learners can grow holistically, focusing on their overall well-being. The nursery school program generates revenue solely through tuition income.


Official website here: www.concordmontessorischool.org

Who is the CEO of Concord Montessori School Inc?

Laurel Zolfonoon is the Director of Concord Montessori School Inc.


Official website here: www.concordmontessorischool.org

What is the revenue of Concord Montessori School Inc?

Concord Montessori School Inc's revenue in 2023 was $1,135,679.


Official website here: www.concordmontessorischool.org

Who are the executives of Concord Montessori School Inc and what are their salaries?


Here are 3 key members and their salaries:


Robin K Jean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Zolfonoon (Director And President)
  • Compensation: $116,530
  • Related: $0
  • Other: $0
Riaz Zolfonoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.concordmontessorischool.org

Where can I find the form 990 for Concord Montessori School Inc?

Concord Montessori School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.concordmontessorischool.org

Learn more at the official website: www.concordmontessorischool.org

Mission Statement of Concord Montessori School Inc

Concord Montessori School Inc is dedicated to the holistic development of preschool-aged children. Their mission is to provide supervision, guidance, and tutorial services that aid in the emotional, physical, intellectual, and social growth of these young learners. By offering nursery school instruction, Concord Montessori School Inc creates an environment that fosters the overall well-being of its students. The school generates program service revenue solely through tuition income, indicating a commitment to providing quality education and support to families who choose to enroll their children. The mission of Concord Montessori School Inc is to nurture and support the development of young children, preparing them for a successful journey in their formative years.

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Impact




July, 2024

Concord Montessori School Inc has a significant impact on the emotional, physical, intellectual, and social development of young children in Concord, MA. By providing nursery school instruction for preschool-age children, the school offers supervision, guidance, and tutorial services aimed at nurturing the growth and learning of young minds. Through its dedicated mission to support the holistic development of children, Concord Montessori School Inc plays a vital role in laying the foundation for future academic success and personal growth in the community.




This information is meant to be a general summary of Concord Montessori School 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.

Revenue
$1,135,679 (2023)
Expenses
$848,456 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14,720
  • Program Service Revenue: $939,730
  • Gross Receipts: $1,135,679

Assets and Liabilities:

  • Total Assets: $1,624,154
  • Total Liabilities: $802,108
  • Net Assets: $822,046

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION INCOME

Revenue

$939,730

Organization Details

Founding Year

1983

Principal Officer

Laurel Zolfonoon

Main Address

152 ANNURSNAC HILL RD, CONCORD, MA, 01742

NTEE Category

Code: B21 - Education

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