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Wellesley 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: 042547266 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Wellesley Montessori School Inc?

Wellesley Montessori School Inc, established in 1974, is a respectable nonprofit institution located at 79 Denton Road, Wellesley, Massachusetts. The school is committed to providing a nurturing, learning-conducive environment for children aged 2 years and 9 months to 7 years old. Affiliated with the American Montessori Society, it offers a comprehensive Montessori program, with class sizes ranging from 15 to 24 students, each supervised by three teachers. The school's mission is to foster each child's growth in a safe, caring, and intellectually stimulating atmosphere, adhering to Dr. Maria Montessori's principles and methodologies. The school operates five days a week for three hours daily, catering to approximately 47 students annually. It also provides additional care through a childcare center for families seeking expanded services. With an employee count of 11, Wellesley Montessori School Inc is dedicated to empowering its students, supporting parents through educational resources and sessions, and encouraging active involvement in the school community.


Official website here: www.wellesleymontessorischool.com

What are the reviews and ratings of this charity?

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

Wellesley Montessori School Inc has achieved a high rating of 96% from Charity Navigator, indicating strong accountability and financial management. The organization's score is solely based on its accountability and finance metrics, reflecting a commitment to transparency and responsible stewardship of resources. The high score in this category suggests that the school maintains sound financial practices and operates with integrity.

The organization demonstrates a robust governance structure, with a majority of independent board members and comprehensive policies in place such as conflict of interest and whistleblower protections. These factors contribute to a well-managed framework that aims to protect the interests of stakeholders and support the nonprofit's mission effectively.

A notable strength is the program expense ratio of 76.45%, indicating that a significant portion of its budget is directed towards its educational programs rather than administrative costs. This focus on programmatic spending underscores the organization's dedication to delivering quality Montessori education, although the absence of ratings in other categories may limit a fuller understanding of its overall impact on the community.


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

Is Wellesley Montessori School Inc legitimate?

Wellesley Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellesley 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: $124,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,300

For more financial information, click here


Official website here: www.wellesleymontessorischool.com

What is the mission statement of Wellesley Montessori School Inc?

The Wellesley Montessori School Inc is dedicated to helping each child fulfill their potential in a nurturing, safe, and stimulating environment. This is achieved through adherence to the philosophies and principles of Dr. Maria Montessori, as the school implements the child-centered Montessori method of education. The three-year program at Wellesley Montessori School Inc is designed to equip children with essential learning tools while fostering independence. Parents are supported through educational resources, bi-monthly parent education and support sessions, and are encouraged to actively engage in the school community.


Official website here: www.wellesleymontessorischool.com

Who is the CEO of Wellesley Montessori School Inc?

Vanessa Larkin is the Director/Vice President of Wellesley Montessori School Inc.


Official website here: www.wellesleymontessorischool.com

What is the revenue of Wellesley Montessori School Inc?

Wellesley Montessori School Inc's revenue in 2022 was $887,432.


Official website here: www.wellesleymontessorischool.com

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

The average compensation at Wellesley Montessori School Inc during 2022 was $35,610. There are 11 employees at Wellesley Montessori School Inc.


Here are 6 key members and their salaries:


William Erlandson (Director/Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ida Fridmann (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Nystrom (Director/Vice President Thru 07/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie-Claude Bernal (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Rockett (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Larkin (Executive Director)
  • Compensation: $126,198
  • Related: $0
  • Other: $10,525


Official website here: www.wellesleymontessorischool.com

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

Wellesley Montessori School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wellesleymontessorischool.com

Learn more at the official website: www.wellesleymontessorischool.com

Mission Statement of Wellesley Montessori School Inc

Wellesley Montessori School Inc is committed to helping each child realize their full potential in a nurturing, secure, and stimulating environment. This prestigious institution adheres to the philosophy and principles of Dr. Maria Montessori, implementing the child-centered Montessori method of education. The School's three-year program is meticulously designed to equip your child with the fundamental learning tools while fostering independence.

Wellesley Montessori School Inc goes beyond just education. Parents are actively engaged in their child's learning journey through educational resources, bi-monthly parent education and support sessions. The school encourages active participation from parents in the school community, recognizing their crucial role in their child's development. By fostering a supportive environment, Wellesley Montessori School Inc ensures that every child can flourish and reach their highest potential.

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Impact




July, 2024

Wellesley Montessori School Inc's impact lies in providing a quality preschool education to children aged 2 years, 9 months to 7 years old in a nurturing and stimulating environment. By following the child-centered Montessori method of education, the school aims to help each child reach their full potential. With a focus on independence and learning fundamentals, Wellesley Montessori School supports parents through educational resources and encourages them to actively participate in the school community. Through its commitment to the principles of Dr. Maria Montessori, the school positively influences the growth and development of young learners, setting a strong foundation for their future academic and personal success.




This information is meant to be a general summary of Wellesley 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
$887,432 (2022)
Expenses
$829,528 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33,298
  • Program Service Revenue: $768,226
  • Gross Receipts: $887,432

Assets and Liabilities:

  • Total Assets: $1,061,094
  • Total Liabilities: $62,603
  • Net Assets: $998,491

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Programs

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

TUITION

Revenue

$765,376

APPLICATION FEES

Revenue

$2,850

Organization Details

Founding Year

1974

Principal Officer

Vanessa Larkin

Main Address

79 DENTON ROAD, WELLESLEY, MA, 02482

NTEE Category

Code: B21Z - Education

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