Overview
What is Escuela Hispana Montessori Inc?
Escuela Hispana Montessori Inc is a nonprofit organization situated in New York City, specifically at 180 Suffolk Street, Manhattan. Their primary mission is to offer high-quality, affordable child care services to families in financial need within the Lower Eastside community. This mission is accomplished through their provision of early education day care and HeadStart programs, catering to children aged between 2 and 6 years old. The organization is funded by the NYC Department of Education's Division for Early Childhood Education and is contracted to serve up to 115 students and their families. With a workforce of 30 dedicated individuals, Escuela Hispana Montessori Inc is committed to enhancing the lives of children in the Lower Eastside community.
Official website here: www.escuelahispanamontessori.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating
Escuela Hispana Montessori Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The organization's score is derived entirely from its commitment to transparency and good governance, indicating a robust framework that prioritizes financial integrity.
One of the notable strengths of the nonprofit is its fully independent board, which consists of five members, ensuring objective oversight. The organization also excels in its financial management, boasting an 83.82% program expense ratio, which suggests a significant portion of its funds are directed towards its programs rather than administrative costs. This commitment to effective use of resources is critical for sustaining its mission.
Despite its strong performance, it's important for potential donors and supporters to consider any specific limitations or challenges the organization may face in the future. However, based on the current data, Escuela Hispana Montessori Inc appears well-positioned to continue its impactful work within the community, emphasizing its dedication to accountability and financial prudence.
This AI summary has been generated from information found on Charity Navigator.
Is Escuela Hispana Montessori Inc legitimate?
Escuela Hispana Montessori Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Escuela Hispana Montessori 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: $135,888
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,034,986
For more financial information, click here
Official website here: www.escuelahispanamontessori.com
What is the mission statement of Escuela Hispana Montessori Inc?
Escuela Hispana Montessori Inc's mission is centered around providing high-quality, affordable child care services to families in need, specifically located in the Lower Eastside community of Manhattan. The organization strives to make these services accessible to poor and working families. Their activities primarily involve offering early education and HeadStart program services to children between the ages of 2 and 6 years old. These services are funded by the NYC Department of Education's Division for Early Childhood Education, and they have the capacity to serve up to 115 students and their families.
Official website here: www.escuelahispanamontessori.com
Who is the CEO of Escuela Hispana Montessori Inc?
Lisa Alvarez is the Executive Director of Escuela Hispana Montessori Inc.
Official website here: www.escuelahispanamontessori.com
What is the revenue of Escuela Hispana Montessori Inc?
Escuela Hispana Montessori Inc's revenue in 2022 was $1,905,300.
Official website here: www.escuelahispanamontessori.com
Who are the executives of Escuela Hispana Montessori Inc and what are their salaries?
The average compensation at Escuela Hispana Montessori Inc during 2022 was $39,029. There are 30 employees and 5 volunteers at Escuela Hispana Montessori Inc.
Here are 6 key members and their salaries:
- Compensation: $135,888
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.escuelahispanamontessori.com
Where can I find the form 990 for Escuela Hispana Montessori Inc?
Escuela Hispana Montessori Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.escuelahispanamontessori.com
Learn more at the official website: www.escuelahispanamontessori.com
Mission Statement of Escuela Hispana Montessori Inc
Escuela Hispana Montessori Inc is dedicated to providing top-notch, affordable child care services to families in need, specifically residing in the Lower Eastside community of Manhattan. At its core, the organization's mission is centered around offering high-quality education to children between the ages of 2 and 6 years old. This mission is accomplished through the provision of early education day care and HeadStart programs, which are funded by the NYC Department of Education's Division for Early Childhood Education. The organization is contracted to serve up to 115 students and their families, ensuring that a significant number of families in this community can benefit from its services.
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Impact
October, 2024
Escuela Hispana Montessori Inc significantly impacts the Lower Eastside community of Manhattan by offering high-quality, low-cost early education and childcare services to families facing economic challenges. By providing a structured environment where children aged 2 to 6 can learn and grow, the organization fosters early childhood development that promotes lifelong learning and social skills.
With a capacity to serve up to 115 students, Escuela Hispana Montessori not only supports the children's educational needs but also alleviates the burden on poor and working families, allowing parents to pursue their careers with peace of mind knowing their children are in a supportive and nurturing environment. This dual focus on education and family support enhances the overall quality of life in the community, contributing to a healthier, more educated population.
Funded by the NYC Department of Education's Division for Early Childhood Education, the programs offered go beyond basic care, integrating essential educational components that prepare children for future academic success. Through this mission, Escuela Hispana Montessori Inc plays a critical role in breaking the cycle of poverty by equipping the next generation with the skills and knowledge necessary to thrive.
This information is meant to be a general summary of Escuela Hispana Montessori 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.
- Program Service Revenue: $9,322
- Gross Receipts: $1,905,300
Assets and Liabilities:
- Total Assets: $472,694
- Total Liabilities: $197,581
- Net Assets: $275,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parent fees
Revenue
$2,919
Organization Details
Founding Year
1966
Phone
(646) 437-7340Principal Officer
Lisa Alvarez
Main Address
180 Suffolk Street, New York, NY, 10002
NTEE Category
Code: B22Z - Education
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