Overview
What is The Red Oaks School Inc?
The Red Oaks School Inc, located at 21 Cutler Street, Morristown, New Jersey 07960, is a distinguished nonprofit institution that offers both Montessori and International Baccalaureate education. The Montessori program caters to the lower grades, while the International Baccalaureate program is designed for middle school students, specifically grades 5 to 8. The school serves approximately 187 students during the academic year and emphasizes hands-on experiential learning, global perspectives, and the application of skills to real-life situations. The school's mission is to nurture each child's unique gifts, fostering personal and intellectual growth, ultimately resulting in self-assured, resilient, and high-achieving students ready to face future challenges. The Red Oaks School Inc boasts a dedicated workforce of 50 individuals.
Official website here: www.redoaksschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Red Oaks School Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 90% in Accountability & Finance, the organization demonstrates strong governance practices, including a fully independent board and comprehensive policies in place for conflict of interest and whistleblowing.
Strengths of The Red Oaks School include its excellent financial management, as evidenced by a high program expense ratio of 77.59%, which suggests that a significant portion of its funds is directed towards its mission-related activities. The organization also scores well on maintaining transparency and accountability, having all required documents and policies properly listed and in line with best practices.
However, there are some areas for improvement, particularly in the liabilities to assets ratio, which stands at 57.71%. While this is a manageable level of liabilities, it indicates that the organization may need to address its debt relative to its assets to ensure long-term sustainability. Overall, The Red Oaks School Inc is recognized for its strong operational practices while also having room to enhance its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is The Red Oaks School Inc legitimate?
The Red Oaks School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Red Oaks 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: $329,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,023,584
For more financial information, click here
Official website here: www.redoaksschool.org
What is the mission statement of The Red Oaks School Inc?
The Red Oaks School Inc's mission is centered around nurturing each child's unique talents. This is achieved by inspiring both personal and intellectual growth. The result is a generation of high-achieving students who exhibit happiness, confidence, resilience, and readiness to face challenges. The school operates as a non-profit institution, offering Montessori education in the lower grades and an International Baccalaureate program in the middle school grades 5-8. Both programs emphasize hands-on experiential learning, global perspectives, and the application of skills to real-life situations.
Official website here: www.redoaksschool.org
What is the revenue of The Red Oaks School Inc?
The Red Oaks School Inc's revenue in 2024 was $6,506,640.
Official website here: www.redoaksschool.org
Who are the executives of The Red Oaks School Inc and what are their salaries?
The average compensation at The Red Oaks School Inc during 2024 was $59,880. There are 56 employees and 30 volunteers at The Red Oaks School Inc.
Here are 24 key members and their salaries:
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Official website here: www.redoaksschool.org
Where can I find the form 990 for The Red Oaks School Inc?
The Red Oaks School Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.redoaksschool.org
Learn more at the official website: www.redoaksschool.org
Mission Statement of The Red Oaks School Inc
The Red Oaks School Inc is committed to nurturing each child's unique abilities, fostering both personal and intellectual growth. This holistic approach aims to produce high-achieving students who are not only academically proficient but also happy, confident, and resilient, ready to tackle the challenges that lie ahead. The school's educational philosophies include Montessori education in the lower grades and International Baccalaureate curriculum in the middle school grades 5-8. These programs emphasize hands-on experiential learning and global perspectives, encouraging critical thinking, analysis, and the application of skills to real-life situations. By inspiring well-rounded development, The Red Oaks School Inc strives to prepare its students for a successful journey beyond their educational years.
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Impact
October, 2024
The Red Oaks School Inc significantly influences the academic and personal development of its students through a unique blend of Montessori education in the lower grades and an International Baccalaureate program for middle school students. With a focus on hands-on experiential learning, the school fosters critical thinking, analysis, and the application of skills to real-life situations.
Serving 187 students during the school year, The Red Oaks School creates an enriching environment that not only nurtures academic excellence but also cultivates happy, confident, and resilient individuals. By inspiring personal and intellectual growth, the school equips its students with the necessary tools to navigate future challenges successfully, ensuring they approach their educational journey with curiosity and a global perspective. This holistic approach contributes to a vibrant community of learners who are well-prepared to thrive in an ever-evolving world.
This information is meant to be a general summary of The Red Oaks 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 2024.
- Investment Income: $29,240
- Program Service Revenue: $5,877,180
- Gross Receipts: $6,609,578
Assets and Liabilities:
- Total Assets: $3,126,208
- Total Liabilities: $1,345,797
- Net Assets: $1,780,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$5,728,920
OTHER PROGRAMS
Revenue
$148,260
Organization Details
Founding Year
1966
Principal Officer
David Yermack
Website
www.redoaksschool.orgNTEE Category
Code: B21Z - Education
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