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Ithaca 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: 160957380 ✦ Ithaca, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ithaca Montessori School?

Ithaca Montessori School is a private, nonprofit educational institution situated at 12 Ascott Place, Ithaca, New York 14850. Its primary mission is to foster the holistic development of children through pre-school and kindergarten education. This educational organization creates a stimulating environment that nurtures the growth of each child's mind, body, and spirit. By utilizing a multi-aged environment and providing materials, the school enables children to develop specific skills at their own pace. The Ithaca Montessori School employs a team of 59 dedicated individuals to ensure the success of its mission, serving the Ithaca community.


Official website here: www.ithacamontessori.org

What are the reviews and ratings of this charity?

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

Ithaca Montessori School has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The overall score is entirely derived from a strong performance in the Accountability & Finance category, indicating that the organization adheres to rigorous financial management practices.

The nonprofit boasts a majority of independent board members, ensuring transparency and effective governance. Their commitment to ethical practices is further demonstrated through their well-established policies, including conflict of interest and whistleblower protections. With a program expense ratio of 81.55%, the school allocates a significant portion of its resources directly to its educational programs.

There are no noted limitations or issues within the provided data, which reinforces the organization's reputation for maintaining robust financial oversight and accountability measures. Overall, Ithaca Montessori School exemplifies strong governance and a commitment to its mission, making it a reliable choice for potential donors and supporters.


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

Is Ithaca Montessori School legitimate?

Ithaca Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ithaca 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: $93,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $759,867

For more financial information, click here


Official website here: www.ithacamontessori.org

What is the mission statement of Ithaca Montessori School?

The Ithaca Montessori School, serving as an educational organization, is committed to fostering the holistic development of children. It achieves this by creating a stimulating environment that encourages the growth of a child's mind, body, and spirit. The multi-aged setting provides materials that enable children to cultivate specific skills. The school's mission is primarily focused on offering private pre-school and kindergarten education.


Official website here: www.ithacamontessori.org

Who is the CEO of Ithaca Montessori School?

Walaa Maharem-Horan is the President of Ithaca Montessori School.


Official website here: www.ithacamontessori.org

What is the revenue of Ithaca Montessori School?

Ithaca Montessori School's revenue in 2022 was $1,688,839.


Official website here: www.ithacamontessori.org

Who are the executives of Ithaca Montessori School and what are their salaries?

The average compensation at Ithaca Montessori School during 2022 was $14,461. There are 59 employees and 6 volunteers at Ithaca Montessori School.


Here are 8 key members and their salaries:


Frank Parich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sari Stifelman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genevieve Bruce (Past Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Peluso (Staff Rep To Board)
  • Compensation: $41,579
  • Related: $0
  • Other: $0
Matt Muskin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Adams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thad Demulder (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Weatherby (Head Of School)
  • Compensation: $51,762
  • Related: $0
  • Other: $0


Official website here: www.ithacamontessori.org

Where can I find the form 990 for Ithaca Montessori School?

Ithaca Montessori School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ithacamontessori.org

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

Mission Statement of Ithaca Montessori School

Ithaca Montessori School, as an educational organization, is dedicated to supporting and facilitating the growth of children's minds, bodies, and spirits. This is achieved through a unique multi-aged environment that provides materials, allowing each child to develop specific skills at their own pace. The school's mission is to provide private pre-school and kindergarten education, fostering an environment that stimulates each child's intellectual, physical, and emotional development. The approach at Ithaca Montessori School encourages self-directed learning and independence, empowering children to become confident learners. The school's mission is to create a nurturing and stimulating environment where children can grow and develop holistically, preparing them for a successful and fulfilling future.

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Impact




October, 2024

Ithaca Montessori School significantly impacts the educational landscape by fostering the holistic development of children. Through its multi-aged learning environment, the school provides children with tailored materials that cater to their individual needs, promoting growth in mind, body, and spirit. This approach not only enhances specific skill development but also encourages curiosity and a love of learning. By prioritizing a nurturing and stimulating atmosphere, Ithaca Montessori School equips children with the essential tools for lifelong learning, ensuring they are prepared to thrive academically, socially, and emotionally.




This information is meant to be a general summary of Ithaca 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
$1,688,839 (2022)
Expenses
$1,338,800 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$223
  • Program Service Revenue: $1,521,703
  • Gross Receipts: $1,689,279

Assets and Liabilities:

  • Total Assets: $1,543,112
  • Total Liabilities: $865,152
  • Net Assets: $677,960

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Programs

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

TUITION

Revenue

$1,384,462

SUMMER PROGRAM

Revenue

$113,385

BEFORE/AFTER SCHOOL

Revenue

$18,231

ACITIVITY FEE

Revenue

$5,625

Organization Details

Founding Year

1968

Principal Officer

Walaa Maharem-Horan

Main Address

12 ASCOT PLACE, ITHACA, NY, 14850

NTEE Category

Code: B21Z - Education

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