Overview
What is Bansan Foundation?
Bansan Foundation, operating under the name Flossmoor Montessori School, is a nonprofit institution located in Flossmoor, Illinois. The school serves around 60 children, catering to a diverse range of interests and abilities, from 15 months to 6 years old. The nurturing environment of the school fosters independence, self-care, and cooperation among children. The school offers before and after school care, as well as summer, spring, and winter camps, providing convenience for working parents. Community events, such as parent education sessions and social events, are highly appreciated by parents. The Montessori education method, followed by the school, encourages self-discipline, critical thinking, grace, and courtesy, promoting self-esteem and leadership qualities in children. The mission of the school is to create an environment that adheres to the Montessori education path, catering to the children's developmental needs and inspiring them to reach their full potential, enabling them to discover how they can best contribute to our world and culture. The nonprofit employs a total of 19 individuals.
Official website here: www.flossmoormontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Bansan Foundation D/B/A Flossmoor Montessori School has received an overall rating of 84%, indicating a solid performance in terms of accountability and finance. The rating is derived from a single beacon score, emphasizing the importance of financial management within the organization. The high score reflects strong oversight with a majority of independent board members and excellent financial audit practices.
However, there are notable limitations in the foundation's governance policies. The absence of a conflict of interest policy, whistleblower policy, and a document retention strategy suggests potential gaps in organizational transparency and ethical governance. Additionally, the lack of publicly available tax forms could limit stakeholders' access to important financial information, which may raise concerns among donors and supporters.
Despite these shortcomings, the foundation demonstrates a commendable commitment to program expenses, with nearly 80% of its budget allocated to its programs. This suggests a focus on delivering value to its beneficiaries, which is a strong positive aspect of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bansan Foundation legitimate?
Bansan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bansan Foundation 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: $93,369
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,112
For more financial information, click here
Official website here: www.flossmoormontessori.org
What is the mission statement of Bansan Foundation?
Bansan Foundation D/B/A Flossmoor Montessori School's mission is centered around educating children using the Montessori methods. Their objective is to create an environment that adheres to the principles of Montessori education, catering to the developmental needs of children, inspiring them to reach their full potential, and helping them discover their unique contributions to society and culture. By implementing the Montessori method, the school aims to foster independence in children, encouraging self-care and cooperation among their peers. Additionally, the school offers before and after school care, as well as summer and winter camps, providing convenience for working parents. The school also organizes parent education events and social gatherings, such as "Following Montessori at Home" workshops and community events, to engage and support parents in their children's development.
Official website here: www.flossmoormontessori.org
Who is the CEO of Bansan Foundation?
Sanjiv Modi is the President/Director of Bansan Foundation.
Official website here: www.flossmoormontessori.org
What is the revenue of Bansan Foundation?
Bansan Foundation's revenue in 2022 was $762,715.
Official website here: www.flossmoormontessori.org
Who are the executives of Bansan Foundation and what are their salaries?
The average compensation at Bansan Foundation during 2022 was $19,762. There are 19 employees at Bansan Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $90,000
- Related: $0
- Other: $0
Official website here: www.flossmoormontessori.org
Where can I find the form 990 for Bansan Foundation?
Bansan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flossmoormontessori.org
Learn more at the official website: www.flossmoormontessori.org
Mission Statement of Bansan Foundation
Bansan Foundation D/B/A Flossmoor Montessori School, a dedicated institution, is committed to educating children using the Montessori methods. Their mission is to establish an environment that adheres to the principles of Montessori education, catering to the developmental needs of each child. By doing so, they inspire these young learners to reach their highest potential and discover their unique ways of contributing to society and culture.
The school serves approximately 60 children, spanning a wide range of interests and abilities from 15 months to 6 years old. The nurturing atmosphere of Flossmoor Montessori School fosters independence in children, enabling them to care for themselves and assist one another. Beyond the school day, their before and after school care program, as well as summer and winter camps during school breaks, offer convenience for working parents.
Parents in the community appreciate the educational events organized by the school, such as "Following Montessori at Home," which provides practical tips to support their child's development. Social events like the Splash Pad Social for back-to-school, Grandparents Day, Winter Celebration, Picnic, and Field Day at the end of the school year bring the community together. Montessori education encourages self-discipline, critical thinking, grace, and courtesy, promoting self-esteem and leadership qualities in children.
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Impact
October, 2024
Bansan Foundation significantly impacts the lives of young children by providing a nurturing environment that follows Montessori educational principles. At their Flossmoor Montessori School, approximately 60 children aged 15 months to 6 years are encouraged to become independent, care for themselves, and assist their peers in a supportive setting. This approach fosters essential life skills, such as self-discipline, critical thinking, and leadership qualities, promoting both self-esteem and courtesy among the children.
The foundation also recognizes the needs of working parents by offering before and after school care, as well as seasonal camps during school breaks, ensuring that families have convenient options for their childcare. Parent engagement is another critical aspect of their impact, with educational events that provide practical tips on implementing Montessori methods at home. Social events like the Splash Pad Social, Grandparents Day, and others strengthen the community, creating connections among families while enriching the children’s educational experience.
Through its mission to create an environment that addresses developmental needs and inspires children to reach their highest potential, Bansan Foundation plays a vital role in shaping the future of these young learners, helping them discover their contributions to the world and culture around them.
This information is meant to be a general summary of Bansan Foundation. 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: $1,767
- Program Service Revenue: $605,428
- Gross Receipts: $762,715
Assets and Liabilities:
- Total Assets: $1,019,836
- Total Liabilities: $359,571
- Net Assets: $660,265
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$605,428
Organization Details
Founding Year
2006
Phone
(708) 798-4600Principal Officer
Sanjiv Modi
Main Address
740 WESTERN AVE, FLOSSMOOR, IL, 60422
Website
www.flossmoormontessori.orgNTEE Category
Code: B12 - Education
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