Overview
What is The Montclair Fund For Educational Excellence Inc?
The Montclair Fund for Educational Excellence Inc., based in Montclair, New Jersey, is a nonprofit organization dedicated to enhancing the educational experience for over 6,000 students in the local public schools. Their primary mission involves providing financial support through teacher grants, fostering innovative classroom activities, and acquiring unique learning tools. This organization also engages in community partnerships, events, and programs to offer comprehensive support to teachers, administrators, families, and students alike. Their annual 'Toast to Teachers' event serves as a community-wide celebration to honor Montclair Public School staff and raise funds for these educational grants. The Montclair Fund for Educational Excellence Inc. employs a team of four individuals in their mission to boost the quality of education in their community.
Official website here: www.mfee.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Montclair Fund For Educational Excellence Inc has received a commendable rating of 84% from Charity Navigator, indicating a strong overall performance in accountability and finance. The organization showcases a perfect score in key areas such as having an entirely independent board and a solid program expense ratio of 77.78%. This reflects a commitment to effectively utilizing funds for its educational initiatives.
In terms of culture and community, the fund scored 100%, demonstrating its excellence in gathering and using feedback, as well as implementing equity strategies. This high score indicates that the organization is responsive to community needs and actively works to create inclusive policies and practices.
While the organization excels in its operations, the overall ratings suggest that there may still be areas for growth, particularly in enhancing its visibility and engagement within the wider community. However, the strong accountability and commitment to transparency are notable strengths that contribute positively to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Montclair Fund For Educational Excellence Inc legitimate?
The Montclair Fund For Educational Excellence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Montclair Fund For Educational Excellence 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: $63,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,909
For more financial information, click here
Official website here: www.mfee.org
What is the mission statement of The Montclair Fund For Educational Excellence Inc?
The Montclair Fund for Educational Excellence Inc's mission is centered around enhancing the educational experience for all 6,000 students in Montclair public schools. They achieve this by providing grants, organizing programs, fostering community partnerships, and leading events. This holistic approach aims to offer comprehensive support to students, teachers, administrators, and families, ultimately striving for a high-quality, integrated public school experience.
Official website here: www.mfee.org
Who is the CEO of The Montclair Fund For Educational Excellence Inc?
Masiel Rodriquez-Vars is the Executive Director of The Montclair Fund For Educational Excellence Inc.
Official website here: www.mfee.org
What is the revenue of The Montclair Fund For Educational Excellence Inc?
The Montclair Fund For Educational Excellence Inc's revenue in 2022 was $508,592.
Official website here: www.mfee.org
Who are the executives of The Montclair Fund For Educational Excellence Inc and what are their salaries?
The average compensation at The Montclair Fund For Educational Excellence Inc during 2022 was $36,873. There are 4 employees and 378 volunteers at The Montclair Fund For Educational Excellence Inc.
Here are 24 key members and their salaries:
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Official website here: www.mfee.org
Where can I find the form 990 for The Montclair Fund For Educational Excellence Inc?
The Montclair Fund For Educational Excellence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mfee.org
Learn more at the official website: www.mfee.org
Mission Statement of The Montclair Fund For Educational Excellence Inc
The Montclair Fund for Educational Excellence, Inc. is dedicated to enhancing the educational experience for all 6,000 students in Montclair public schools. This nonprofit organization strives to provide a well-rounded, integrated educational environment by offering grants, running programs, fostering community partnerships, and organizing events. Through these initiatives, The Montclair Fund for Educational Excellence, Inc. offers comprehensive support to students, teachers, administrators, and families, aiming to boost academic achievement and foster a sense of community within the school system. By focusing on holistic development, this organization seeks to equip students with the necessary skills and resources to thrive in their academic pursuits.
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Impact
July, 2024
The Montclair Fund For Educational Excellence Inc boosts a high quality, integrated public school experience for all 6,000 Montclair students. Through providing grants, running programs, building community partnerships, and leading events, the organization offers holistic and comprehensive support to students, teachers, administrators, and families. Their Teacher Tributes events celebrate and honor Montclair Public School staff, raising funds for teacher grants that support teacher-driven classroom innovation and the purchase of unique learning tools. All proceeds from these events fund educational excellence grants for the following academic year, making a direct impact on enhancing the educational experience for Montclair students.
This information is meant to be a general summary of The Montclair Fund For Educational Excellence 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: $54,484
- Gross Receipts: $541,017
Assets and Liabilities:
- Total Assets: $1,353,326
- Total Liabilities: $17,086
- Net Assets: $1,336,240
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Organization Details
Founding Year
1991
Phone
(973) 509-4021Principal Officer
Masiel Rodriquez-Vars
Main Address
22 VALLEY ROAD, MONTCLAIR, NJ, 07042
Website
www.mfee.orgNTEE Category
Code: T20Z - Philanthropy
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