Overview
What is Atrium School Inc?
Atrium School Inc, located at 69 Grove Street, Watertown, MA 02472, is a nonprofit organization dedicated to providing formal education to 126 students from pre-kindergarten to eighth grade in a co-educational setting. Their primary mission is to offer a meaningful progressive education that encourages academic curiosity, creativity, and exploration, thereby fostering each student's intellectual growth. Currently, Atrium School Inc serves children from pre-kindergarten to grade eight, promoting a nurturing environment that supports their holistic development. With a team of 46 employees, the school is committed to delivering an enriching educational experience.
Official website here: www.atrium.org
What are the reviews and ratings of this charity?
90% rating on Charity Navigator results in a Four-Star out of Four Star rating for Atrium School Inc, which indicates a strong commitment to accountability and finance management. The overall score reflects a solid performance in various metrics, with particular strengths in governance and financial oversight.
The organization demonstrates a robust independent board, receiving full points for both the majority of independent board members and board size. Furthermore, their financial practices are commendable, with no material diversion of assets reported and an effective audit and oversight committee. The program expense ratio is high, indicating that a significant portion of their budget is directed towards programmatic activities.
However, the liabilities to assets ratio at 57.60% suggests that the organization has a moderate level of liabilities compared to its assets, which could be a point of concern for financial stability. Additionally, while executive salaries are disclosed, some stakeholders may view the compensation levels as relatively high. Overall, Atrium School Inc shows strong financial accountability with room for improvement in its liabilities management.
This AI summary has been generated from information found on Charity Navigator.
Is Atrium School Inc legitimate?
Atrium School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atrium 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: $479,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,138,822
For more financial information, click here
Official website here: www.atrium.org
What is the mission statement of Atrium School Inc?
Atrium School Inc's mission is centered around providing a meaningful, progressive education that stimulates academic curiosity, creativity, and exploration in its students. This educational approach is designed to foster each student's intellectual growth. Currently, Atrium School Inc serves students from pre-kindergarten to eighth grade. The institution's educational strategy emphasizes formal instruction, aiming to cultivate a co-educational learning environment for its 126 students.
Official website here: www.atrium.org
What is the revenue of Atrium School Inc?
Atrium School Inc's revenue in 2024 was $5,044,114.
Official website here: www.atrium.org
Who are the executives of Atrium School Inc and what are their salaries?
The average compensation at Atrium School Inc during 2024 was $49,397. There are 53 employees and 4 volunteers at Atrium School Inc.
Here are 21 key members and their salaries:
- Compensation: $225,874
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- Other: $6,203
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- Compensation: $51,350
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- Other: $6,479
- Compensation: $78,374
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- Other: $7,051
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- Compensation: $100,745
- Related: $0
- Other: $9,798
Official website here: www.atrium.org
Where can I find the form 990 for Atrium School Inc?
Atrium School Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.atrium.org
Learn more at the official website: www.atrium.org
Mission Statement of Atrium School Inc
Atrium School Inc, a distinguished educational institution, is dedicated to providing a meaningful progressive education that stimulates academic curiosity, creativity, and exploration. This mission aims to foster each student's intellectual growth, currently catering to students from pre-kindergarten to eighth grade. The school's educational approach encourages a holistic development of its learners, nurturing their innate potential and nurturing their intellectual growth.
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Impact
July, 2024
Atrium School Inc has a significant impact on the education sector by providing a meaningful progressive education that encourages academic curiosity, creativity, and exploration while fostering each student's intellectual growth. Currently serving 126 students from pre-kindergarten to eighth grade in a co-educational setting in Watertown, MA, the school plays a crucial role in shaping the minds of young learners and preparing them for future academic and personal success. Their mission to provide a progressive education that nurtures intellectual growth underscores their commitment to creating a positive impact on each student's educational journey.
This information is meant to be a general summary of Atrium 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: $101,101
- Program Service Revenue: $4,316,471
- Gross Receipts: $5,088,893
Assets and Liabilities:
- Total Assets: $8,524,556
- Total Liabilities: $5,195,885
- Net Assets: $3,328,671
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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
$4,105,294
ENRICHMENT PROGRAMS
Revenue
$181,249
OTHER REVENUE
Revenue
$29,928
Organization Details
Founding Year
1982
Principal Officer
Chris Kelliher
Website
www.atrium.orgNTEE Category
Code: B24 - Education
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