Overview
What is Living Matrix Education Inc?
Living Matrix Education Inc, based in Park City, Utah, specializes in offering a holistic Montessori education program for children aged 3.5 to 9. The organization tailors its teachings to cater to both gifted and accelerated students, as well as those with special and remedial needs. The integration of movements in their curriculum ensures an educational approach that addresses the intellectual, emotional, and physical needs of each student. By fostering a supportive community among parents, Living Matrix Education aims to create a transformative learning environment. Beyond their local community, the organization seeks to develop working models for comprehensive Montessori education solutions, particularly in American Indian reservations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Living Matrix Education Inc has received a One-Star rating from Charity Navigator, reflecting its overall score of 58%. This score is derived solely from the Accountability & Finance beacon, indicating that the organization has room for improvement in its financial management and reporting practices.
The organization demonstrates some notable strengths, particularly in governance and transparency, with a perfect score for having an independent board made up entirely of independent members, as well as full documentation of board meeting minutes. Additionally, Living Matrix Education Inc has a commendable Program Expense Ratio of 77.64%, which suggests that a significant portion of its expenses is directed towards its mission-driven programs.
However, the organization faces challenges, particularly highlighted by its Liabilities to Assets Ratio of 209.47%, which raises concerns about financial stability. This high ratio indicates that the organization's liabilities significantly exceed its assets, which could impact its long-term sustainability. Overall, while there are some positive indicators of accountability, the nonprofit should address its financial health to improve its standing further.
This AI summary has been generated from information found on Charity Navigator.
Is Living Matrix Education Inc legitimate?
Living Matrix Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Matrix Education 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: $11,001
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What is the mission statement of Living Matrix Education Inc?
Living Matrix Education Inc's mission is centered around providing comprehensive Montessori education solutions to the community. This organization aims to go beyond their local community, also developing models for other communities, particularly American Indian reservations. Their Montessori program is tailored to cater to various learning needs, including accelerated and gifted students, as well as those with special and remedial needs. The integration of movements in their education approach ensures it addresses not just intellectual, but also emotional and physical needs of students. Living Matrix Education Inc promotes the development of a supportive community among parents, and their model can be adopted by public and private preschools, as well as educators on American Indian reservations.
Who is the CEO of Living Matrix Education Inc?
Diane Bode is the Chairman of Living Matrix Education Inc.
What is the revenue of Living Matrix Education Inc?
Living Matrix Education Inc's revenue in 2023 was $95,381.
Who are the executives of Living Matrix Education Inc and what are their salaries?
The average compensation at Living Matrix Education Inc during 2023 was $11,001. There is 1 employee at Living Matrix Education Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Living Matrix Education Inc?
Living Matrix Education Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Living Matrix Education Inc
Living Matrix Education Inc, a nonprofit organization, is committed to offering comprehensive Montessori education solutions to the community. Their mission extends beyond just providing education; they aim to develop working models that can be replicated in other communities, particularly American Indian reservations. By implementing a complete Montessori program for children aged 3 1/2 to 9, Living Matrix Education Inc caters to the needs of both gifted and accelerated students, as well as those with special or remedial requirements. The integration of movements into the educational approach ensures that the intellectual, emotional, and physical needs of each student are met. This holistic approach goes beyond the classroom, fostering a supportive and transformative community where parents collaborate and engage with one another. The educational system developed by Living Matrix Education Inc can serve as a model for both public and private preschools, as well as for educators on American Indian reservations.
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Impact
October, 2024
Living Matrix Education Inc. significantly enhances educational opportunities within the community by offering a comprehensive Montessori education program tailored for children ages 3.5 to 9. Their approach emphasizes individualized learning, catering to both accelerated and gifted students as well as those requiring special or remedial support.
The program's integration of physical movement not only addresses intellectual needs but also fosters emotional and physical development, creating a holistic educational experience. This methodology extends beyond the classroom, fostering a supportive community among parents and families, ultimately transforming the educational landscape.
Additionally, Living Matrix Education develops working models that can be replicated in other communities, particularly on American Indian reservations, ensuring that their innovative educational solutions can benefit a broader range of learners. Through their initiatives, they contribute to the creation of inclusive and enriching learning environments that empower children and strengthen community ties.
This information is meant to be a general summary of Living Matrix Education 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 2023.
- Program Service Revenue: $14,102
- Gross Receipts: $95,381
Assets and Liabilities:
- Total Assets: $52,957
- Total Liabilities: $110,932
- Net Assets: -$57,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$14,102
Organization Details
Founding Year
2004
Phone
(435) 615-1429Principal Officer
Diane Bode
Main Address
6587 MOUNTAIN VIEW DR, PARK CITY, UT, 84090
NTEE Category
Code: B21 - Education
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