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Friends Of Srims Inc Quest Montessori School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050519277 ✦ Narragansett, RI ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Srims Inc Quest Montessori School?

Friends of Srims Inc. Quest Montessori School is a nonprofit institution situated in Narragansett, Rhode Island, specifically at 1150 Boston Neck Road. Their primary focus is to provide Montessori-based education to students ranging from 18 months to the 8th grade. The school's mission is to stimulate children's love for learning, catering to their academic, artistic, physical, and emotional needs. The Montessori curriculum is designed to foster motivation, creativity, physical activity, and emotional support in the students. The organization employs a team of 27 individuals.


Official website here: www.questschool.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 77% (Three-Star out of Four Star rating)

Friends Of Srims Inc Quest Montessori School has received a three-star rating from Charity Navigator, reflecting a score of 77%. This rating is derived exclusively from the organization's accountability and finance metrics, indicating a solid foundation in financial practices. Notably, the organization boasts a fully independent board with 100% of its members being independent, which is a strong indicator of governance integrity.

The charity also demonstrates robust financial oversight, with full points awarded for its audit and oversight committee, and no indications of material asset diversion. The presence of a conflict of interest policy and documented board meeting minutes further underscore its commitment to transparency. However, the absence of a whistleblower policy was noted as a limitation, suggesting an area for improvement in organizational policy.

While the program expense ratio is commendable at over 75%, the liabilities to assets ratio of 92.11% highlights potential financial concerns, indicating that the organization may have a high level of liabilities compared to its assets. This could suggest a need for closer scrutiny on financial sustainability moving forward. Overall, the nonprofit shows strengths in governance and financial accountability, though it should address gaps in its policies to enhance its operational integrity.


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

Is Friends Of Srims Inc Quest Montessori School legitimate?

Friends Of Srims Inc Quest Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Srims Inc Quest Montessori School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $966,737

For more financial information, click here


Official website here: www.questschool.org

What is the mission statement of Friends Of Srims Inc Quest Montessori School?

The mission of Friends Of Srims Inc Quest Montessori School is centered around fostering a love of learning in children. Utilizing a Montessori curriculum, the school aims to cater to the holistic needs of each child. This encompasses academic motivation, artistic creativity, physical activity, and emotional support. The mission is to nurture well-rounded individuals who are intellectually engaged, artistically expressive, physically active, and emotionally nurtured.


Official website here: www.questschool.org

Who is the CEO of Friends Of Srims Inc Quest Montessori School?

Katherine Bowen is the President of Friends Of Srims Inc Quest Montessori School.


Official website here: www.questschool.org

What is the revenue of Friends Of Srims Inc Quest Montessori School?

Friends Of Srims Inc Quest Montessori School's revenue in 2022 was $1,968,409.


Official website here: www.questschool.org

Who are the executives of Friends Of Srims Inc Quest Montessori School and what are their salaries?

The average compensation at Friends Of Srims Inc Quest Montessori School during 2022 was $35,805. There are 27 employees and 9 volunteers at Friends Of Srims Inc Quest Montessori School.


Here are 10 key members and their salaries:


Huw Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emi Uchida (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas King (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Hamilton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Lawhead (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joline Macfarlan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Weinberger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Wynne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karherine Bowen (Head Of School)
  • Compensation: $104,220
  • Related: $0
  • Other: $0


Official website here: www.questschool.org

Where can I find the form 990 for Friends Of Srims Inc Quest Montessori School?

Friends Of Srims Inc Quest Montessori School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.questschool.org

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

Mission Statement of Friends Of Srims Inc Quest Montessori School

Friends of Srims Inc's Quest Montessori School is committed to fostering a love of learning in its students. Employing a Montessori curriculum, the school aims to cater to the holistic needs of the children. It aspires for the students to be academically driven, artistically creative, physically active, and emotionally supported. The school's mission is to inspire and motivate children, ensuring they develop a strong foundation for their educational journey.

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Impact




July, 2024

Friends Of Srims Inc Quest Montessori School's impact lies in its provision of Montessori-based education to students from 18 months through 8th grade in Narragansett, RI. By focusing on evoking children's love of learning and serving the needs of the whole child, the school aims to ensure that students are academically motivated, artistically creative, physically active, and emotionally supported. Through this holistic approach to education, Quest Montessori School helps shape well-rounded individuals who are prepared to thrive academically, creatively, physically, and emotionally.




This information is meant to be a general summary of Friends Of Srims Inc Quest Montessori School. 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
$1,968,409 (2022)
Expenses
$1,635,561 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,171
  • Program Service Revenue: $1,622,559
  • Gross Receipts: $1,968,409

Assets and Liabilities:

  • Total Assets: $4,565,872
  • Total Liabilities: $4,397,274
  • Net Assets: $168,598

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Programs

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

TUITIONS

Revenue

$1,374,546

AFTER SCHOOL PROGRAM

Revenue

$174,517

ACTIVITY FEES

Revenue

$73,496

Organization Details

Founding Year

2001

Principal Officer

Katherine Bowen

Main Address

1150 BOSTON NECK ROAD, NARRAGANSETT, RI, 02882

NTEE Category

Code: B24 - Education

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