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Monarch Montessori Of Denver First Steps

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272168985 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Monarch Montessori Of Denver First Steps?

Monarch Montessori of Denver First Steps is a tuition-based educational institution situated in Denver, Colorado. Its primary objective is to cater to the diverse needs of infants, toddlers, and preschoolers in the surrounding community, aiming to help each child reach their full potential in all aspects of life. The institution adheres to the educational philosophy of Dr. Maria Montessori, providing a holistic approach to learning. Their experienced educators tailor the program to meet the individual needs of each child, welcoming families of various racial, ethnic, and economic backgrounds. This inclusive environment fosters engaged learners today, preparing them to become leaders of tomorrow. Monarch Montessori First Steps employs a team of 66 individuals.


Official website here: www.monarchm.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

Monarch Montessori Of Denver First Steps has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization benefits from a fully independent board, which reflects positively on its governance practices. However, the absence of financial statements and key policies, such as a whistleblower policy and document retention guidelines, raises some concerns about its operational transparency.

The nonprofit has a solid program expense ratio of 66.59%, suggesting that a significant portion of its expenditures is directed towards its programs, which is a positive indicator for potential donors. The organization maintains a healthy liabilities to assets ratio of 24.50%, demonstrating sound financial management. While these strengths are commendable, the lack of comprehensive financial documentation could deter some stakeholders seeking transparency.

In summary, while Monarch Montessori Of Denver First Steps exhibits strengths in board independence and program spending, it has notable limitations in financial reporting and certain governance policies. Improving these areas could enhance its overall rating and foster greater trust among donors and the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Monarch Montessori Of Denver First Steps legitimate?

Monarch Montessori Of Denver First Steps is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monarch Montessori Of Denver First Steps 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,722,825

For more financial information, click here


Official website here: www.monarchm.com

What is the mission statement of Monarch Montessori Of Denver First Steps?

Monarch Montessori of Denver First Steps aims to assist each child in reaching their full potential across all aspects of life. The organization employs a holistic approach to learning, drawing inspiration from Dr. Montessori's educational philosophy. Their dedicated educators adapt their teaching methods to cater to the unique needs of each child. The program welcomes families from various racial, ethnic, and economic backgrounds. This method nurtures students, helping them become active learners today and potential leaders of tomorrow.


Official website here: www.monarchm.com

Who is the CEO of Monarch Montessori Of Denver First Steps?

Julie Chickillo is the Board Member of Monarch Montessori Of Denver First Steps.


Official website here: www.monarchm.com

What is the revenue of Monarch Montessori Of Denver First Steps?

Monarch Montessori Of Denver First Steps's revenue in 2023 was $2,823,611.


Official website here: www.monarchm.com

Who are the executives of Monarch Montessori Of Denver First Steps and what are their salaries?

The average compensation at Monarch Montessori Of Denver First Steps during 2023 was $26,103. There are 66 employees and 60 volunteers at Monarch Montessori Of Denver First Steps.


Here are 5 key members and their salaries:


Lisa Armao (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Chickillo (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolina Franco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Poddar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Selina Ramos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.monarchm.com

Where can I find the form 990 for Monarch Montessori Of Denver First Steps?

Monarch Montessori Of Denver First Steps's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.monarchm.com

Learn more at the official website: www.monarchm.com

Mission Statement of Monarch Montessori Of Denver First Steps

Monarch Montessori of Denver First Steps is dedicated to helping each child reach their full potential in all aspects of life. This mission is achieved through a holistic approach to learning, inspired by the educational philosophy of Dr. Montessori. The experienced educators at Monarch Montessori tailor their teaching methods to cater to the individual needs of each child, ensuring a nurturing environment. The program welcomes families from diverse backgrounds, including various races, ethnicities, and economic standings, fostering an inclusive learning community. This unique approach not only develops engaged learners today but also sets the foundation for future leaders, preparing children to excel in their personal and professional lives.

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Impact




October, 2024

Monarch Montessori Of Denver First Steps significantly impacts the community by fostering holistic development in young children. Utilizing the educational philosophy of Dr. Montessori, the program empowers each child to reach their full potential across various areas of life. Experienced educators customize learning experiences to suit the individual needs of every child, ensuring that each student can thrive.

Moreover, the organization is committed to inclusivity, welcoming families from diverse racial, ethnic, and economic backgrounds. This dedication not only enriches the learning environment but also cultivates a sense of community and belonging. By nurturing engaged learners today, Monarch Montessori prepares children to become the leaders of tomorrow, equipping them with the foundational skills necessary for lifelong success. Through its tailored programs for infants, toddlers, and preschoolers, Monarch Montessori plays a vital role in shaping the future of the children it serves.




This information is meant to be a general summary of Monarch Montessori Of Denver First Steps. 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.

Revenue
$2,823,611 (2023)
Expenses
$2,702,624 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $2,495,995
  • Gross Receipts: $2,823,611

Assets and Liabilities:

  • Total Assets: $2,004,228
  • Total Liabilities: $491,148
  • Net Assets: $1,513,080

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PRESCHOOL TUITION

Revenue

$2,480,368

REGISTRATION FEES

Revenue

$14,327

OTHER

Revenue

$1,300

Organization Details

Founding Year

2010

Principal Officer

Julie Chickillo

Main Address

4895 PEORIA STREET, DENVER, CO, 80239

NTEE Category

Code: B24 - Education

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