Overview
What is Swannanoa Valley Montessori School Inc?
Swannanoa Valley Montessori School Inc, also known as Black Mountain Montessori, is a nonprofit organization situated in Black Mountain, North Carolina. The institution provides education for children from preschool to third grade, adhering to the Montessori method of learning. Their goal is to foster a diverse, mindful, and authentic Montessori community, nurturing self-motivated, independent individuals who appreciate their environment. The school boasts three preschool classrooms, expanding its enrollment capacity to accommodate 60 students. In addition, their elementary program serves up to 12 students from grades 1-3. Approximately 80% of their elementary students receive financial assistance through state programs, such as ESA+ Grant or the Opportunity Scholarship. The school strives to extend aid to its preschool students when necessary, and aims to participate in the county's child care subsidy program in the near future to support families with greater financial needs. With a team of committed Montessori educators, the school is dedicated to fostering academic success, nurturing a love for learning, building character, and instilling a sense of community contribution.
Official website here: www.bmtmont.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Swannanoa Valley Montessori School Inc has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement. With an overall score of 73%, the school demonstrates solid practices in several areas, such as having a fully independent board of directors and a strong program expense ratio of 84.39%. This suggests that a significant portion of their budget is directed towards their educational programs, which is a positive sign for stakeholders.
The organization exhibits strengths in accountability and finance, scoring well on measures like material diversion of assets and maintaining a low liabilities to assets ratio. This implies good financial health and management practices. They have also put in place essential policies, including conflict of interest safeguards and documentation of board meeting minutes, which reflect a commitment to transparency and governance.
However, despite these strengths, the overall rating indicates that there are areas requiring improvement. The organization may need to focus on enhancing its operational effectiveness and addressing any potential weaknesses that could impact stakeholder trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Swannanoa Valley Montessori School Inc legitimate?
Swannanoa Valley Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swannanoa Valley Montessori 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: $66,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,678
For more financial information, click here
Official website here: www.bmtmont.org
What is the mission statement of Swannanoa Valley Montessori School Inc?
Swannanoa Valley Montessori School Inc, led by a team of committed and nurturing Montessori educators, is dedicated to fostering the academic growth of preschool to 3rd grade students. Their mission is to cultivate a passion for learning, develop strong character, and instill the value of community contribution in these students. The school provides a secure and nurturing environment for learning, utilizing the Montessori method. Their vision is to establish a diverse, mindful, and authentic Montessori community, nurturing self-motivated and independent individuals who respect themselves and their environment. Currently, they have three preschool classrooms for 60 students and an elementary program for up to 12 students in grades 1-3. A significant number of their elementary students receive scholarship assistance from the State of North Carolina, and they also offer financial aid to preschool students in need. The school aims to participate in the county's child care subsidy program in the near future to support families with greater financial needs.
Official website here: www.bmtmont.org
Who is the CEO of Swannanoa Valley Montessori School Inc?
Erin Van Note is the Vice President Executive Di of Swannanoa Valley Montessori School Inc.
Official website here: www.bmtmont.org
What is the revenue of Swannanoa Valley Montessori School Inc?
Swannanoa Valley Montessori School Inc's revenue in 2023 was $576,054.
Official website here: www.bmtmont.org
Who are the executives of Swannanoa Valley Montessori School Inc and what are their salaries?
The average compensation at Swannanoa Valley Montessori School Inc during 2023 was $34,856. There are 11 employees and 52 volunteers at Swannanoa Valley Montessori School Inc.
Here are 7 key members and their salaries:
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Official website here: www.bmtmont.org
Where can I find the form 990 for Swannanoa Valley Montessori School Inc?
Swannanoa Valley Montessori School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bmtmont.org
Learn more at the official website: www.bmtmont.org
Mission Statement of Swannanoa Valley Montessori School Inc
Swannanoa Valley Montessori School Inc, led by a team of compassionate and diligent Montessori educators, is committed to fostering the academic growth, nurturing a love for learning, and instilling a sense of community among its preschool to 3rd grade students. The institution's mission is twofold: firstly, to guide students towards academic success; secondly, to cultivate a deep appreciation for learning, develop character, and instill the importance of community contribution.
In pursuit of this mission, Swannanoa Valley Montessori School Inc provides a safe and nurturing environment for its students. Employing the Montessori method of learning, the school aims to foster self-motivated and independent individuals who respect themselves and the world around them. The school comprises three Children's House preschool classrooms, increasing its capacity to accommodate up to 60 students. Additionally, it offers an Elementary program for up to 12 students from grades 1 to 3.
Approximately 80% of the elementary students receive financial assistance through either the ESA+ Grant or the Opportunity Scholarship programs from the State of North Carolina. Swannanoa Valley Montessori School Inc also extends financial aid to its Children's House students when necessary. The school's ultimate goal is to participate in the county's child care subsidy program in the near future to further support families with greater financial needs.
In summary, Swannanoa Valley Montessori School Inc, under the guidance of its dedicated team, is focused on nurturing the academic and personal growth of its preschool to 3rd grade students. By employing the Montessori method of learning, the school aims to foster self-motivated, independent individuals who respect themselves and the community. The school also seeks to provide financial assistance to families in need, striving to be an inclusive and supportive educational community.
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Impact
July, 2024
Swannanoa Valley Montessori School Inc's impact is in providing a nurturing and safe environment for children preschool to 3rd grade, utilizing the Montessori method of learning. With a dedicated team of educators, the school guides students towards academic achievement, fosters a love of learning, builds character, and emphasizes the importance of contributing to the community. By offering scholarship assistance to a significant percentage of elementary students and providing financial aid when needed, the school aims to ensure that all children, regardless of their financial situation, have access to quality education. Their vision is to sustain a diverse, mindful, and authentic Montessori educational community that helps children become self-motivated and independent individuals who respect themselves and the world around them.
This information is meant to be a general summary of Swannanoa Valley Montessori 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 2023.
- Program Service Revenue: $515,699
- Gross Receipts: $576,054
Assets and Liabilities:
- Total Assets: $403,712
- Total Liabilities: $68,025
- Net Assets: $335,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
School Year Tuition
Revenue
$445,368
BeforeAftercare Tuitio
Revenue
$31,720
Summer Camp
Revenue
$26,078
Enrollment Fees
Revenue
$10,408
Tutoring Fees
Revenue
$2,125
Organization Details
Founding Year
2002
Principal Officer
Erin Van Note
Main Address
101 Carver Avenue, Black Mountain, NC, 28711
Website
www.bmtmont.orgNTEE Category
Code: B24 - Education
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