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Thacher 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: 042499107 ✦ Milton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Thacher Montessori School Inc?

Thacher Montessori School Inc, situated in Milton, Massachusetts, is a nonprofit organization committed to fostering academic excellence and nurturing confident, compassionate, and proactive individuals. Serving approximately 141 students from pre-school to eighth grade, the school offers independent educational services on a racially nondiscriminatory basis, utilizing the Montessori educational method. The school's mission is to establish a diverse and collaborative learning community, embracing each child's unique potential and fostering a passion for discovery. With a dedicated workforce of 66 employees, Thacher Montessori School Inc aims to equip its students with the necessary skills to navigate the world community.


Official website here: www.thacherschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Thacher Montessori School Inc has achieved a commendable Four-Star rating on Charity Navigator, reflecting a high level of accountability and financial health. The school's overall score is based entirely on its accountability and finance metrics, showcasing its strong commitment to transparency and effective governance. With a score of 96 in this category, it demonstrates solid fiscal management and ethical practices.

The nonprofit excels in various operational aspects, including having an entirely independent board of directors and a comprehensive audit and oversight committee. It adheres to best practices with policies on conflict of interest, whistleblower protection, and document retention, all contributing to its credibility as a responsible organization. The school maintains a favorable liabilities-to-assets ratio and consistently directs a significant portion of its expenses towards programs, demonstrating its focus on mission-driven activities.

While there are no significant limitations noted in the data, the emphasis on accountability and finance suggests that stakeholders can have confidence in the school's financial practices. Overall, Thacher Montessori School Inc stands out as a well-managed nonprofit committed to educational excellence and ethical governance.


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

Is Thacher Montessori School Inc legitimate?

Thacher Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thacher 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: $435,947
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,051,532

For more financial information, click here


Official website here: www.thacherschool.org

What is the mission statement of Thacher Montessori School Inc?

Thacher Montessori School Inc's mission is centered around establishing a diverse, collaborative learning environment. Utilizing the Montessori method, the school aims to recognize and nurture each child's unique potential, fostering a strong passion for discovery. Their goal is to help children excel academically and develop into confident, compassionate, and proactive members of the global community. The school provides independent educational services to approximately 141 students, from preschool to eighth grade, employing the Montessori educational approach on a racially nondiscriminatory basis.


Official website here: www.thacherschool.org

What is the revenue of Thacher Montessori School Inc?

Thacher Montessori School Inc's revenue in 2024 was $3,482,915.


Official website here: www.thacherschool.org

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

The average compensation at Thacher Montessori School Inc during 2024 was $37,127. There are 67 employees and 15 volunteers at Thacher Montessori School Inc.

Here are 9 key members and their salaries:


Deba Dunn (Head Of Scho)
  • Compensation: $195,693
  • Related: $0
  • Other: $22,766
Vicky Varnum (Business Man)
  • Compensation: $77,950
  • Related: $0
  • Other: $8,482
Michelle Seyller (Asst Head Of)
  • Compensation: $128,349
  • Related: $0
  • Other: $5,822
Carl Treichel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Saul (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Angoff (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Dimaio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Brito (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Lazar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thacherschool.org

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

Thacher Montessori School Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.thacherschool.org

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

Mission Statement of Thacher Montessori School Inc

Thacher Montessori School Inc, with a mission to provide a diverse, collaborative learning community, embraces each child's unique potential and fosters a passion for discovery. Through the Montessori educational method, the school empowers children to achieve academic excellence and develop into confident, compassionate, and proactive members of the global community. By offering independent educational services to approximately 141 students from pre-school to eighth grade on a racially nondiscriminatory basis, Thacher Montessori School Inc encourages individual growth and promotes a love for lifelong learning.

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Impact




July, 2024

Thacher Montessori School Inc, through its commitment to providing a diverse and collaborative learning community using the Montessori method, has a significant impact on empowering children to achieve academic excellence and become confident, compassionate, and proactive members of the world community. By offering independent educational services to approximately 141 students from preschool through eighth grade on a racially nondiscriminatory basis, Thacher Montessori School Inc plays a crucial role in nurturing each child's unique potential and fostering a passion for discovery. Through its focus on education and character development, the school contributes to shaping well-rounded individuals who are equipped to make positive contributions to society.




This information is meant to be a general summary of Thacher 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
$3,482,915 (2024)
Expenses
$4,164,294 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $65,642
  • Program Service Revenue: $3,346,296
  • Gross Receipts: $4,280,225

Assets and Liabilities:

  • Total Assets: $5,877,687
  • Total Liabilities: $3,033,428
  • Net Assets: $2,844,259

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Programs

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

TUITION AND RELATED FEES

Revenue

$3,346,296

Organization Details

Founding Year

1971

Principal Officer

Michelle Seyller

NTEE Category

Code: B21 - Education

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