Overview
What is Montclair Cooperative School Inc?
Montclair Cooperative School Inc, based in Montclair, New Jersey, is an independent, private, non-profit educational organization. With approximately 132 students from early ages to grade 8, this institution provides a nurturing environment that fosters intellectual growth and social skill development. The school's primary purpose is achieved through tuition revenues, supplemented by financial aid worth $288,126 to support families in need. Montclair Cooperative School Inc operates under a mission to cultivate a diverse community, promoting both academic excellence and a strong sense of community responsibility. The institution employs around 61 individuals, dedicated to realizing this mission.
Official website here: www.montclaircoop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Montclair Cooperative School Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating high levels of accountability and financial health. With a score of 96%, it reflects the organization’s commitment to transparency and efficient management of resources. The rating is based solely on an Accountability & Finance score, demonstrating a strong focus on these critical areas.
The organization excels in several key accountability measures, including having a fully independent board and comprehensive oversight practices. All board members are independent, and the financial statements are subject to audit, ensuring there are no material diversions of assets. The school also maintains a solid program expense ratio at 82.84%, indicating that a significant portion of its budget is allocated towards its educational programs.
While the organization demonstrates strong financial management and accountability, there are no notable limitations mentioned in the data. Overall, Montclair Cooperative School Inc appears to be a responsible and well-managed nonprofit, making effective use of its resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Montclair Cooperative School Inc?
84% of the 12 reviewers on Facebook recommend Montclair Cooperative School Inc. Here is a summary of their reviews:
Many parents express a strong appreciation for the cooperative school's approach, highlighting the supportive community and engaging environment. A common theme in the reviews is the positive experience their children have, with one enthusiastic comment simply stating, "We love the Co-op!!!" This sentiment reflects a sense of belonging and satisfaction with the educational values presented by the school.
Overall, families feel that the Montclair Cooperative School delivers an enriching experience for students, fostering a sense of collaboration and involvement among parents. While the sample size of reviews is small, those who shared their thoughts generally have a favorable view of the school's offerings.
This AI summary has been generated from reviews found on Facebook.
Is Montclair Cooperative School Inc legitimate?
Montclair Cooperative School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montclair Cooperative School 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: $215,594
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,739,973
For more financial information, click here
Official website here: www.montclaircoop.org
What is the mission statement of Montclair Cooperative School Inc?
Montclair Cooperative School Inc's mission is centered around operating and maintaining non-profit, non-sectarian cooperative educational facilities, primarily focusing on nursery schools, kindergartens, elementary, and junior high schools. The school aims to create a diverse and nurturing environment where children can thrive intellectually and develop exceptional social skills, fostering a strong sense of community responsibility. The educational program at Montclair Cooperative School is an independent, private, non-profit organization, serving approximately 132 students from early ages to grade 8. The school provides financial aid to families in need, amounting to $288,126, to ensure a rich and rewarding educational experience for all its students.
Official website here: www.montclaircoop.org
Who is the CEO of Montclair Cooperative School Inc?
Ana Younghusband is the Board Chair of Montclair Cooperative School Inc.
Official website here: www.montclaircoop.org
What is the revenue of Montclair Cooperative School Inc?
Montclair Cooperative School Inc's revenue in 2022 was $3,859,829.
Official website here: www.montclaircoop.org
Who are the executives of Montclair Cooperative School Inc and what are their salaries?
The average compensation at Montclair Cooperative School Inc during 2022 was $32,058. There are 61 employees and 100 volunteers at Montclair Cooperative School Inc.
Here are 15 key members and their salaries:
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- Compensation: $96,833
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- Other: $7,381
Official website here: www.montclaircoop.org
Where can I find the form 990 for Montclair Cooperative School Inc?
Montclair Cooperative School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montclaircoop.org
Learn more at the official website: www.montclaircoop.org
Mission Statement of Montclair Cooperative School Inc
Montclair Cooperative School Inc, a non-profit, non-sectarian educational institution, is committed to operating and maintaining facilities that foster a diverse and nurturing environment for children's intellectual growth and social skill development. The school, which caters to early ages to grade 8 with approximately 132 students, operates under the belief that children thrive in an environment where they can develop exceptional social skills and a strong sense of community responsibility. The Montclair Cooperative School is a community of students, teachers, and parents, working collaboratively to create an engaging and enriching educational experience.
Financially sustained by tuition revenues, the school offers financial aid to families in need, totaling $288,126 in 20XX. This aid helps to ensure that the school's primary purpose of providing a rich and rewarding educational environment for children, regardless of their financial background, is realized. At Montclair Cooperative School Inc, the focus is on cultivating a community where children can flourish intellectually, while also learning essential social skills and developing a sense of responsibility towards their community.
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Impact
October, 2024
Montclair Cooperative School Inc plays a crucial role in the educational landscape by fostering a diverse and nurturing environment for children aged early childhood through grade 8. With approximately 132 students, the school emphasizes a community-oriented approach that involves students, teachers, and parents working collaboratively to create an enriching educational experience.
Through its tailored educational program, the school not only prioritizes academic growth but also focuses on the development of exceptional social skills and a strong sense of community responsibility among its students. This holistic approach nurtures well-rounded individuals who are equipped to thrive both academically and socially.
Financial accessibility is also a significant aspect of its impact, as the school awarded $288,126 in financial aid to assist families demonstrating financial need. This commitment ensures that a diverse range of students can benefit from the school’s offerings, further enriching the community and promoting inclusivity.
Overall, Montclair Cooperative School Inc embodies a model of cooperative education that values intellectual growth, social development, and community involvement, making a lasting positive impact on both its students and the broader community in Montclair, NJ.
This information is meant to be a general summary of Montclair Cooperative School 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.
- Investment Income: $13,153
- Program Service Revenue: $3,284,759
- Gross Receipts: $3,882,655
Assets and Liabilities:
- Total Assets: $3,227,830
- Total Liabilities: $1,198,512
- Net Assets: $2,029,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$3,157,125
FEES AND OTHER PROGRAM
Revenue
$127,634
Organization Details
Founding Year
1963
Phone
(973) 783-4955Principal Officer
Ana Younghusband
Main Address
65 CHESTNUT STREET, MONTCLAIR, NJ, 07042
Website
www.montclaircoop.orgNTEE Category
Code: B21Z - Education
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