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Marvelwood 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: 060726595 ✦ Kent, CT ✦ Designated as a 501(c)(3)

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Overview

What is Marvelwood School Inc?

Marvelwood School Inc is a renowned nonprofit institution located in Kent, Connecticut, with an address at 476 Skiff Mountain Road. The primary focus of this boarding school is to provide secondary education to approximately 100 students, fostering a supportive and challenging environment conducive to college preparatory education. Marvelwood School Inc offers a range of non-academic programs, including weekly community service, visual and performing arts electives, and both interscholastic and non-competitive sports. The school's mission is to empower young individuals, encouraging their involvement in their education and commitment to preparing for college, ultimately leading to personal growth and academic success.


Official website here: www.marvelwood.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Marvelwood School Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the organization has robust financial practices in place, ensuring transparency and effective management of resources. The charity has demonstrated excellence in areas such as maintaining a majority independent board and having well-documented policies for conflict of interest and whistleblower protections.

The organization's financial health is further highlighted by a program expense ratio of 79.84%, suggesting that a significant portion of its expenses is directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio of 46.74% reinforces a solid financial standing. With no reported material diversions of assets, Marvelwood School Inc has established a trustworthy reputation for responsible stewardship of funds.

While the overall data is positive, it is important for potential donors and supporters to consider the qualitative aspects of the charity's impact in the community it serves. Although financial metrics are strong, understanding the effectiveness of the programs and services provided will be crucial for a comprehensive evaluation of the nonprofit's overall mission and success.


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

What do the Facebook reviews say about Marvelwood School Inc?

96% of 68 reviewers on Facebook recommend Marvelwood School Inc. Here's a summary of their insights:

Parents highlight the exceptional community atmosphere and strong relationships formed between students and staff. One review reflects a family's positive transition, noting how their son quickly adapted and made friends upon transferring as a junior. The supportive environment and dedicated staff were frequently praised, emphasizing the school's commitment to fostering a nurturing educational experience.

Overall, the sentiment is overwhelmingly positive, with families expressing satisfaction with Marvelwood School's ability to provide a welcoming and enriching environment for their children. The picturesque setting in Kent, Connecticut, further enhances the appeal, making it a highly recommended choice for prospective students.


This AI summary has been generated from reviews found on Facebook.

Is Marvelwood School Inc legitimate?

Marvelwood School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marvelwood 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,759,087

For more financial information, click here


Official website here: www.marvelwood.org

What is the mission statement of Marvelwood School Inc?

Marvelwood School Inc's mission is centered around fostering personal growth and academic success for approximately 100 students, who are eager to engage in their education and are committed to the challenge of preparing for college. The school provides a structured, supportive, and challenging environment for secondary education, with a focus on college preparatory studies. In addition to academic programs, Marvelwood offers non-academic activities such as weekly community service, visual and performing arts electives, and interscholastic and non-competitive sports. The school's mission emphasizes the involvement of students in their own education, encouraging them to rise to the challenge of higher learning.


Official website here: www.marvelwood.org

Who is the CEO of Marvelwood School Inc?

David Fiorillo is the Chair of Marvelwood School Inc.


Official website here: www.marvelwood.org

What is the revenue of Marvelwood School Inc?

Marvelwood School Inc's revenue in 2023 was $9,518,965.


Official website here: www.marvelwood.org

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


Here are 18 key members and their salaries:


Timothy K Carpenter (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Esposito (Vice Chair, Development Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Moore (Treasurer, Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Mcallister (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Tracy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Hoddeson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Bayne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter B Sommerfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Gersten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick G Duffy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Forneris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latesia V Horton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy B Staub (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian J Golfarini (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merv Merzoug (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul D Keller Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blythe Everett (Head Of The School)
  • Compensation: $156,000
  • Related: $0
  • Other: $0
David Fiorillo (Chief Financial Officer)
  • Compensation: $181,000
  • Related: $0
  • Other: $0


Official website here: www.marvelwood.org

Where can I find the form 990 for Marvelwood School Inc?

Marvelwood School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.marvelwood.org

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

Mission Statement of Marvelwood School Inc

Marvelwood School Inc, a boarding institution, is dedicated to helping approximately 100 young individuals achieve personal growth and academic success. Their mission is centered around engaging students who are committed to their education and eager to prepare for college. Marvelwood School Inc creates an environment that is structured, supportive, and challenging, ensuring that college-preparatory education is at the forefront of their curriculum. Alongside academic pursuits, Marvelwood offers a variety of non-academic programs. These include weekly community service opportunities, visual and performing arts electives, and both interscholastic and non-competitive sports. By integrating these elements, Marvelwood School Inc provides a well-rounded education that encourages students to actively participate in their own learning journey.

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Impact




July, 2024

Marvelwood School Inc's impact is significant in providing a structured, supportive, and challenging environment for approximately 100 students to receive a college-preparatory education. Through its academic and non-academic programs, including community service, visual and performing arts electives, as well as interscholastic and non-competitive sports, Marvelwood School empowers young people to grow personally and excel academically. By instilling a commitment to education and preparing students for college, Marvelwood School is shaping the future success of its students.




This information is meant to be a general summary of Marvelwood 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
$9,518,965 (2023)
Expenses
$9,242,362 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $243,839
  • Program Service Revenue: $7,566,222
  • Gross Receipts: $10,355,543

Assets and Liabilities:

  • Total Assets: $17,555,823
  • Total Liabilities: $8,206,194
  • Net Assets: $9,349,629

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Programs

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

TUITION & FEES

Revenue

$7,566,222

Organization Details

Founding Year

1956

Principal Officer

David Fiorillo

Main Address

476 SKIFF MOUNTAIN ROAD, KENT, CT, 06757

NTEE Category

Code: B25Z - Education

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