Overview
What is Damariscotta Montessori School Ii?
Damariscotta Montessori School II is a nonprofit institution situated in Nobleboro, Maine, specifically at 93 Center Street. The organization's primary mission is to offer a nurturing learning environment that empowers children to reach their individual potential. They adhere to the Montessori philosophy, which is a unique educational approach that fosters the development of children's abilities. Their team consists of 27 dedicated individuals, committed to instructing and training children. The school's main activity lies in education, aiming to equip children with essential skills and knowledge in accordance with the Montessori philosophy.
What are the reviews and ratings of this charity?
Charity Navigator rating: 67%, Two-Star out of Four Star rating.
Damariscotta Montessori School Ii has received a two-star rating, indicating a need for improvement in certain areas of accountability and finance. The organization excels in several aspects, including having a fully independent board and a strong program expense ratio of 100%. These strengths demonstrate a commitment to using resources effectively to support its mission and governance.
However, the organization's financial health presents concerns, particularly with a high liabilities-to-assets ratio of nearly 80%, which raises questions about its financial stability. Additionally, several key policies, such as the conflict of interest policy and whistleblower protections, are not in place, which could expose the organization to potential governance risks.
Overall, while Damariscotta Montessori School Ii shows promise in its operational practices, it must address the highlighted limitations to improve its overall rating and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Damariscotta Montessori School Ii legitimate?
Damariscotta Montessori School Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Damariscotta Montessori School Ii 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: $83,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,483
For more financial information, click here
What is the mission statement of Damariscotta Montessori School Ii?
The mission of Damariscotta Montessori School II is centered around educating children, utilizing the Montessori philosophy. Their goal is to create an enriching learning environment that enables each child to reach their full potential. Additionally, they aim to operate and maintain an educational institution, where they instruct and train children, helping them develop their abilities in accordance with Montessori education principles.
Who is the CEO of Damariscotta Montessori School Ii?
Shawnaly Tabor is the Member of Damariscotta Montessori School Ii.
What is the revenue of Damariscotta Montessori School Ii?
Damariscotta Montessori School Ii's revenue in 2022 was $1,037,485.
Who are the executives of Damariscotta Montessori School Ii and what are their salaries?
The average compensation at Damariscotta Montessori School Ii during 2022 was $16,907. There are 27 employees and 70 volunteers at Damariscotta Montessori School Ii.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
Where can I find the form 990 for Damariscotta Montessori School Ii?
Damariscotta Montessori School Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Damariscotta Montessori School Ii
Damariscotta Montessori School II is dedicated to providing an enriching learning environment for children, utilizing the Montessori philosophy. Their mission is to help each child reach their individual potential. The school operates as an educational institution, instructing and training children in the development of their abilities in accordance with the Montessori educational approach. By offering a nurturing and stimulating environment, Damariscotta Montessori School II aims to foster the growth and development of each child, allowing them to thrive and reach their fullest potential.
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Impact
October, 2024
Damariscotta Montessori School II creates a significant impact by providing an enriching learning environment where children can reach their individual potential. Focused on the Montessori philosophy, the school emphasizes personalized education that nurtures each child's unique capabilities. This approach fosters independence, critical thinking, and a love for learning, guiding students to become well-rounded individuals. By operating and maintaining a dedicated educational institution in Nobleboro, Maine, the school not only educates children but also strengthens the community by preparing thoughtful and capable future leaders.
This information is meant to be a general summary of Damariscotta Montessori School Ii. 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: $134
- Program Service Revenue: $922,528
- Gross Receipts: $1,041,180
Assets and Liabilities:
- Total Assets: $1,799,473
- Total Liabilities: $1,402,638
- Net Assets: $396,835
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$922,528
Organization Details
Founding Year
2003
Phone
(207) 563-2168Principal Officer
Shawnaly Tabor
Main Address
93 CENTER STREET, NOBLEBORO, ME, 04555
NTEE Category
Code: B24 - Education
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