Lexington Montessori School Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)

Lexington Montessori School Inc has received a two-star rating from Charity Navigator, indicating areas that require improvement. While the organization demonstrates a strong commitment to feedback collection and usage—achieving perfect scores in these categories—it still faces challenges in its overall financial accountability, reflected in a score of 65. The relatively low liabilities to assets ratio of 7.57% suggests a manageable level of debt, but the overall financial health could be better.

The organization showcases strengths in its governance structure, with 88% of its board members being independent. This suggests an effective oversight mechanism that can enhance decision-making and accountability. Additionally, the program expense ratio of 71.83% indicates a significant portion of funds is directed toward its programs, which aligns with its mission.

Despite these positive aspects, the rating indicates that there are still opportunities for growth, particularly in financial accountability and transparency. Continued efforts to enhance these areas could lead to improved ratings in the future, thus benefiting the broader community the organization serves.

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

Lexington Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington 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: $61,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,149

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