Overview
What is Montclair Kimberley Academy Foundation?
Montclair Kimberley Academy Foundation is a nonprofit organization dedicated to Montclair Kimberley Academy (MKA), a school committed to cultivating intellectual curiosity and personal growth in students. Through intentional practices, MKA fosters a balance between academic pursuits and other aspects of life, enabling students to unlock their full potential beyond the classroom. The foundation supports MKA's mission.
Official website here: www.mka.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Montclair Kimberley Academy Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization’s overall score is based solely on its accountability measures, showcasing exceptional governance and transparency in its operations. The foundation boasts a high percentage of independent board members and has established robust financial oversight mechanisms.
The foundation's financial management is notable, with a Program Expense Ratio of 82.45%, indicating that a significant portion of its funds goes directly to program-related expenses. Additionally, it has no material diversion of assets, further underscoring its financial integrity. The organization's comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention further demonstrate its commitment to ethical practices.
While the rating highlights several organizational strengths, continuous efforts to maintain transparency and high standards will be crucial for sustaining this positive reputation. Overall, the Montclair Kimberley Academy Foundation sets a commendable example for nonprofits in terms of financial accountability and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Montclair Kimberley Academy Foundation?
96% of 35 reviewers on Facebook recommend the Montclair Kimberley Academy Foundation. Here's a summary of their reviews:
Reviewers express high satisfaction with the academy's diverse offerings in academics, arts, and sports, highlighting the impressive maturity and articulation of 8th-grade students. The emphasis on comprehensive education appears to resonate well with parents and community members.
Overall, the foundation seems to deliver effectively on its mission, thereby fostering a positive environment for student growth and development. The praise directed towards their programs suggests a strong community endorsement and confidence in the institution's capabilities.
This AI summary has been generated from reviews found on Facebook.
Is Montclair Kimberley Academy Foundation legitimate?
Montclair Kimberley Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montclair Kimberley Academy 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: $814,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,110,614
For more financial information, click here
Official website here: www.mka.org
What is the mission statement of Montclair Kimberley Academy Foundation?
Montclair Kimberley Academy Foundation is dedicated to nurturing intellectual curiosity and helping students discover deeper insights. By promoting balance in students' lives, this organization enables them to maximize their potential beyond the classroom. Montclair Kimberley Academy fosters an atmosphere of inquiry, empowering students to uncover new knowledge and capabilities. Their mission is to provide the necessary tools and resources for students to explore their infinite potential and make a positive impact in their communities and beyond. Through various initiatives and programs, Montclair Kimberley Academy Foundation supports students in their academic pursuits and personal growth, fostering a lifelong love of learning.
Official website here: www.mka.org
What is the revenue of Montclair Kimberley Academy Foundation?
Montclair Kimberley Academy Foundation's revenue in 2024 was $57,361,999.
Official website here: www.mka.org
Who are the executives of Montclair Kimberley Academy Foundation and what are their salaries?
The average compensation at Montclair Kimberley Academy Foundation during 2024 was $48,985. There are 468 employees and 400 volunteers at Montclair Kimberley Academy Foundation.
Here are 37 key members and their salaries:
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- Compensation: $306,251
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- Other: $49,672
Official website here: www.mka.org
Where can I find the form 990 for Montclair Kimberley Academy Foundation?
Montclair Kimberley Academy Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mka.org
Learn more at the official website: www.mka.org
Mission Statement of Montclair Kimberley Academy Foundation
Montclair Kimberley Academy Foundation, with its mission at heart, is dedicated to nurturing intellectual curiosity and transforming inquiries into profound insights in students. The organization deliberately fosters a balanced lifestyle for its students, enabling them to unfold their infinite potential not only within the classroom but also beyond its walls.
At Montclair Kimberley Academy Foundation, education is an ongoing journey of discovery. The institution's approach to teaching and learning empowers students to delve deeper into various subjects, fostering a strong foundation for future growth. By intentionally fostering balance in their lives, Montclair Kimberley Academy Foundation ensures that students have the time and energy to focus on their academic pursuits while also developing essential life skills and passions.
The Montclair Kimberley Academy Foundation is more than just a place of learning. It is a community that encourages students to explore their unique talents and interests, fostering an environment where inquiry and creativity thrive. By providing opportunities for students to engage in diverse experiences, both inside and outside the classroom, Montclair Kimberley Academy Foundation helps shape well-rounded individuals with a deep understanding of the world around them.
Montclair Kimberley Academy Foundation's commitment to fostering balance and unlocking the infinite potential of its students sets it apart as a trailblazer in education. Through its innovative teaching methods and supportive environment, Montclair Kimberley Academy Foundation equips students with the skills, knowledge, and confidence they need to succeed in their academic and personal lives.
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Impact
October, 2024
Montclair Kimberley Academy Foundation significantly impacts the educational landscape by fostering a unique environment where inquiry leads to insight. Located in Montclair, NJ, the foundation supports Montclair Kimberley Academy (MKA) in its mission to develop students' infinite potential both academically and personally. Through a balanced approach to education, MKA encourages students to explore their interests deeply while promoting holistic development. This methodology not only cultivates critical thinking and creativity but also prepares students to thrive in various aspects of their lives, ensuring they emerge as well-rounded individuals ready to contribute to their communities and beyond.
This information is meant to be a general summary of Montclair Kimberley Academy 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 2024.
- Investment Income: $1,952,596
- Program Service Revenue: $50,874,717
- Gross Receipts: $73,705,330
Assets and Liabilities:
- Total Assets: $86,504,754
- Total Liabilities: $10,533,536
- Net Assets: $75,971,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$47,164,937
SCHOOL SERVICES & FEES
Revenue
$3,076,922
STUDENT & PARENT ACTIVITY
Revenue
$369,044
LUNCH PROGRAM
Revenue
$183,272
BOOKSTORE SALES
Revenue
$80,542
Organization Details
Founding Year
1974
Principal Officer
Nigel D Furlonge
Website
www.mka.orgNTEE Category
Code: B200 - Education
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