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First State Montessori Academy

Fsma

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

EIN: 273480706 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is First State Montessori Academy?

First State Montessori Academy, established in 2014, is a vibrant nonprofit institution located in downtown Wilmington, Delaware. It serves a diverse community of approximately 600 students from kindergarten to eighth grade. The academy effectively blends a fully authentic Montessori curriculum with the Common Core State Standards, ensuring comprehensive education for its pupils. With a strong commitment to fostering successful, contributing lifelong learners, the mission of First State Montessori Academy is to deliver a high-quality Montessori public educational program. The academy has consistently met all academic, operational, and financial benchmarks set forth by the state of Delaware at the end of its academic year.


Official website here: www.firststatemontessori.org

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 77% (Three-Star out of Four Stars)**tar)**

First State Montessori Academy has received a Three-Star rating from Charity Navigator, indicating a moderate level of organizational effectiveness largely centered on accountability and finance. The high score in this category highlights the academy's commitment to governance, featuring a completely independent board and a robust financial oversight process. However, the organization has some areas for improvement, particularly regarding its liabilities to assets ratio, which may raise concerns about financial sustainability.

The organization demonstrates strong financial management practices, as reflected in its program expenditure ratio and the absence of any material diversion of assets. This suggests that a significant portion of its resources is directed towards fulfilling its educational mission. Nevertheless, the lack of scoring in other categories, such as impact and community engagement, points to potential gaps in measuring its effectiveness beyond financial metrics.

User reviews from GreatNonprofits could not be fetched; thus, specific feedback from the community regarding the academy's performance or impact is not available. This absence of user sentiment leaves a gap in understanding the broader perception of the organization's influence on its students and community.


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

Is First State Montessori Academy legitimate?

First State Montessori Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. First State Montessori Academy 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: $385,717
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,581,870

For more financial information, click here


Official website here: www.firststatemontessori.org

What is the mission statement of First State Montessori Academy?

The mission of First State Montessori Academy is centered around fostering successful, contributing lifelong learners. This is achieved through an authentic Montessori educational program, catering to students from kindergarten to eighth grade. The academy integrates the Montessori curriculum with the Common Core State Standards, aiming to provide a comprehensive learning environment. At the end of each academic year, First State Montessori Academy consistently meets the academic, operational, and financial benchmarks set by the state.


Official website here: www.firststatemontessori.org

What is the revenue of First State Montessori Academy?

First State Montessori Academy's revenue in 2024 was $10,997,947.


Official website here: www.firststatemontessori.org

Who are the executives of First State Montessori Academy and what are their salaries?

Here are 13 key members and their salaries:


Meghan Newberry (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Phillips (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Petrin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Abrahams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anabelle O'Malley (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bender (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alishah Watson (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Gideon (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rikki Petrucelli (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Burton (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Fox (Head Of School)
  • Compensation: $167,289
  • Related: $0
  • Other: $67,991
Elizabeth Maden (Director Of Education)
  • Compensation: $120,228
  • Related: $0
  • Other: $53,063
Stacey Clark (Director Of Sepcial Educat)
  • Compensation: $108,358
  • Related: $0
  • Other: $48,803


Official website here: www.firststatemontessori.org

Where can I find the form 990 for First State Montessori Academy?

First State Montessori Academy's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.firststatemontessori.org

Learn more at the official website: www.firststatemontessori.org

Mission Statement of First State Montessori Academy

First State Montessori Academy, a public educational institution, is dedicated to fostering successful, contributing, lifelong learners. This mission is achieved through an authentic Montessori curriculum, seamlessly integrated with the Common Core State Standards, catering to students from kindergarten to eighth grade. The academy serves a diverse community of over 600 children, nurturing their academic growth while ensuring they meet all the benchmarks set by the State of Delaware at the end of each academic year. The mission of First State Montessori Academy is not just about providing education but also about creating individuals who contribute positively to society throughout their lives.

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Impact




October, 2024

First State Montessori Academy (FSMA) has established a significant impact on the educational landscape in Wilmington, Delaware, by providing an authentic Montessori experience for students in grades K-8. Since its opening in 2014, FSMA has effectively integrated a comprehensive Montessori curriculum with Common Core State Standards, ensuring that students not only engage in meaningful education but also meet critical academic benchmarks.

Serving a diverse community of approximately 600 children, FSMA focuses on cultivating successful, contributing, life-long learners. The academy emphasizes individual growth and development, fostering an environment where students can thrive academically and socially. By promoting autonomy, critical thinking, and collaboration, FSMA prepares its students for future challenges beyond the classroom. The academy's dedication to meeting all academic, operational, and financial benchmarks set by the state showcases its commitment to excellence and sustainability in education, solidifying its role as a vital resource within the Wilmington community.




This information is meant to be a general summary of First State Montessori Academy. 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
$10,997,947 (2024)
Expenses
$10,921,344 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $85,240
  • Program Service Revenue: $168,250
  • Gross Receipts: $10,997,947

Assets and Liabilities:

  • Total Assets: $29,682,717
  • Total Liabilities: $40,315,101
  • Net Assets: -$10,632,384

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Programs

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

INSTRUCTIONAL SERVICES

Revenue

$100,696

FOOD SERVICE

Revenue

$67,554

Organization Details

Founding Year

2009

Principal Officer

Courtney Fox

NTEE Category

Code: B20 - Education

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