Overview
What is Harborlight Montessori School Inc?
Harborlight Montessori School Inc, situated in Beverly, Massachusetts, is a renowned Montessori institution that provides early childhood education to approximately 115 students over a 10-month academic year. The school, with a dedicated team of 97 employees, is committed to fostering independence, self-confidence, and an awareness of the world in each child. Its highly skilled teachers create a nurturing, supportive, and peaceful environment that encourages the natural passion, curiosity, and learning desires of each student. The school values and nurtures the uniqueness of each student, helping them achieve their full educational, social, and emotional potential. Harborlight Montessori School Inc serves as a dynamic community of dedicated faculty, engaged families, and passionate students.
Official website here: www.engageyourworld.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Harborlight Montessori School Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization achieved an overall score of 88%, reflecting its commitment to financial transparency and responsible management. The scoring is based solely on the Accountability & Finance category, which showcases a strong emphasis on these essential areas.
The nonprofit has demonstrated solid governance practices, including a conflict of interest policy and a whistleblower policy, both of which received full marks. The financial statements are well-managed, with no significant issues reported in the oversight committee's audits. Additionally, Harborlight Montessori School has a commendable program expense ratio of 79.09%, signifying that a substantial portion of its funds is directed toward its educational programs.
However, it is important to note that the organization lacks independent board members, scoring 0 out of 8 points in this category. This aspect may raise concerns about the potential for conflicts of interest, which could impact the overall effectiveness of the governance structure. Despite this limitation, the overall financial health and transparency of Harborlight Montessori School indicate a responsible nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Harborlight Montessori School Inc legitimate?
Harborlight Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harborlight 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: $311,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,502,144
For more financial information, click here
Official website here: www.engageyourworld.org
What is the mission statement of Harborlight Montessori School Inc?
Harborlight Montessori School Inc. is an educational institution catering to students from infancy to the eighth grade. The school's mission is to foster independence, self-confidence, and a global awareness in each student. Highly skilled teachers create a nurturing environment that respects and supports each child, encouraging their natural passion, curiosity, and desire to learn. The school nurtures the uniqueness of each student, empowering them to fully realize their educational, social, and emotional potential. Harborlight Montessori School Inc. is a vibrant community of dedicated faculty, engaged families, and passionate students, working together to foster a peaceful and respectful learning environment.
Official website here: www.engageyourworld.org
What is the revenue of Harborlight Montessori School Inc?
Harborlight Montessori School Inc's revenue in 2024 was $7,680,696.
Official website here: www.engageyourworld.org
Who are the executives of Harborlight Montessori School Inc and what are their salaries?
The average compensation at Harborlight Montessori School Inc during 2024 was $31,518. There are 121 employees and 40 volunteers at Harborlight Montessori School Inc.
Here are 12 key members and their salaries:
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- Compensation: $163,292
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- Other: $480
- Compensation: $96,916
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- Other: $15,658
- Compensation: $120,080
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- Other: $591
- Compensation: $101,478
- Related: $0
- Other: $11,269
Official website here: www.engageyourworld.org
Where can I find the form 990 for Harborlight Montessori School Inc?
Harborlight Montessori School Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.engageyourworld.org
Learn more at the official website: www.engageyourworld.org
Mission Statement of Harborlight Montessori School Inc
Harborlight Montessori School Inc, an infant through 8th grade Montessori institution, is dedicated to fostering independence, self-confidence, and a global awareness in each of its students. The school's highly skilled teachers cultivate a nurturing, supportive, and peaceful environment, encouraging each child's natural passion, curiosity, and desire to learn. This dynamic community, comprised of dedicated faculty, engaged families, and passionate students, empowers children to embrace their uniqueness and fully achieve their educational, social, and emotional potential.
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Impact
July, 2024
Harborlight Montessori School Inc's impact is profound and far-reaching. By providing early childhood education for approximately 115 students over a 10-month school year, the school plays a vital role in shaping the future generation. Through its Montessori approach, Harborlight Montessori fosters independence, self-confidence, and a deep awareness of the world in each child. The highly skilled teachers create a respectful, supportive, and peaceful environment where students are encouraged to explore their natural passions, curiosity, and desire to learn.
By helping students embrace their uniqueness and fully achieve their educational, social, and emotional potential, Harborlight Montessori contributes to the development of well-rounded individuals who are prepared to thrive in the world. This school is not just an educational institution; it is a dynamic community of dedicated faculty, engaged families, and passionate students working together to create a brighter future. Through its commitment to excellence in education and holistic development, Harborlight Montessori School Inc leaves a lasting impact on the lives of its students and the broader community.
This information is meant to be a general summary of Harborlight 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $168,009
- Program Service Revenue: $6,671,108
- Gross Receipts: $7,680,696
Assets and Liabilities:
- Total Assets: $6,300,685
- Total Liabilities: $3,299,522
- Net Assets: $3,001,163
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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
$5,849,179
SUMMER PROGRAMS
Revenue
$601,353
TEACHER EDUCATION
Revenue
$159,654
CHILD CARE PROGRAM
Revenue
$7,456
Organization Details
Founding Year
1980
Principal Officer
Paul Horovitz
Website
www.engageyourworld.orgNTEE Category
Code: B21Z - Education
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