Overview
What is Kovago Developmental Foundation Inc?
Kovago Developmental Foundation Inc, situated in Ashland, Massachusetts, is a nonprofit organization dedicated to providing preschool and elementary education utilizing the Montessori method. With a team of 18 dedicated individuals, the foundation serves approximately 100 students annually, nurturing their growth and development in a unique educational environment. Beyond academic education, the foundation likely offers a well-rounded curriculum that fosters personal growth and independence, which are core principles of the Montessori method. The foundation's mission and activities are focused on providing a high-quality educational experience for its students, contributing positively to their overall development.
Official website here: www.pincusion.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Kovago Developmental Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With an overall score of 73%, the organization demonstrates strong program expense management, dedicating 71.77% of its spending to its programs. It also has a commendable audit and oversight committee, achieving full points in this area.
However, the foundation faces notable weaknesses, particularly in governance transparency. Only 33% of its board members are independent, which is below recommended standards. Additionally, there is a lack of essential policies, including a conflict of interest policy and a whistleblower policy, which raises concerns about its governance practices.
While the foundation has demonstrated good financial management, the absence of crucial governance frameworks and transparency measures limits its overall effectiveness. Prospective donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kovago Developmental Foundation Inc legitimate?
Kovago Developmental Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kovago Developmental Foundation 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: $148,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $555,796
For more financial information, click here
Official website here: www.pincusion.com
What is the mission statement of Kovago Developmental Foundation Inc?
The Kovago Developmental Foundation Inc is dedicated to providing preschool and elementary education to approximately 100 students annually, utilizing the Montessori method. Their mission is centered around fostering a learning environment that encourages independence, creativity, and a love for learning in each student. The foundation's approach emphasizes hands-on activities, individualized instruction, and a strong focus on the development of essential life skills. By implementing the Montessori method, the Kovago Developmental Foundation aims to prepare children for a successful transition into formal education and beyond.
Official website here: www.pincusion.com
Who is the CEO of Kovago Developmental Foundation Inc?
Christine Kovago is the President of Kovago Developmental Foundation Inc.
Official website here: www.pincusion.com
What is the revenue of Kovago Developmental Foundation Inc?
Kovago Developmental Foundation Inc's revenue in 2022 was $1,272,654.
Official website here: www.pincusion.com
Who are the executives of Kovago Developmental Foundation Inc and what are their salaries?
The average compensation at Kovago Developmental Foundation Inc during 2022 was $39,136. There are 18 employees at Kovago Developmental Foundation Inc.
Here are 2 key members and their salaries:
- Compensation: $135,038
- Related: $0
- Other: $0
- Compensation: $13,609
- Related: $0
- Other: $0
Official website here: www.pincusion.com
Where can I find the form 990 for Kovago Developmental Foundation Inc?
Kovago Developmental Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pincusion.com
Learn more at the official website: www.pincusion.com
Mission Statement of Kovago Developmental Foundation Inc
Kovago Developmental Foundation Inc is committed to providing preschool and elementary education to approximately 100 students annually, utilizing the Montessori method. This approach to education emphasizes hands-on learning, self-directed activities, and individualized instruction, aiming to cultivate each student's unique potential. The foundation's mission is to offer a nurturing environment that encourages curiosity, independence, and a love for learning, setting a strong foundation for the students' future academic and personal growth.
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Impact
July, 2024
Kovago Developmental Foundation Inc provides preschool and elementary education in the Montessori method to approximately 100 students per year in Ashland, Massachusetts. Through this educational approach, the foundation is making a direct impact on the development and learning of these students, providing them with a strong foundation for their future academic success. By offering this unique educational opportunity, Kovago Developmental Foundation Inc is contributing to the growth and enrichment of the community in Ashland and beyond.
This information is meant to be a general summary of Kovago Developmental Foundation 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 2022.
- Investment Income: $289
- Program Service Revenue: $1,166,458
- Gross Receipts: $1,272,654
Assets and Liabilities:
- Total Assets: $521,855
- Total Liabilities: $232,613
- Net Assets: $289,242
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,166,458
Organization Details
Founding Year
1988
Phone
(781) 444-4820Principal Officer
Christine Kovago
Main Address
30 GREEN ST, ASHLAND, MA, 01721
Website
www.pincusion.comNTEE Category
Code: B210 - Education
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