Overview
What is Park Montessori?
Park Montessori is a nonprofit organization situated in Cincinnati, Ohio. It primarily operates a Montessori school as part of its educational mission. With a team of nine dedicated individuals, Park Montessori delivers educational programs that foster a nurturing environment for its students. The organization's core focus is on providing a Montessori-based education, which emphasizes self-directed activity, hands-on learning, and collaboration. Park Montessori's commitment to education extends beyond the classroom, contributing positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
Park Montessori has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The organization reports a very high program expense ratio of 99.09%, which suggests that it allocates nearly all its expenditures towards its programs. However, the lack of independent board members and missing financial statements raises red flags about governance and transparency.
The organization has only 33% independent board members, with just one independent member out of a total of eight. Additionally, key policies such as conflict of interest, whistleblower, and document retention are missing, which contributes to its low accountability score. Although the organization has documented board meeting minutes, the absence of a website listed on its tax form further diminishes its transparency.
While Park Montessori demonstrates a commitment to directing resources towards its programs, the overall lack of financial accountability and governance structures limits its effectiveness and reliability as a nonprofit. Improvements in these areas would be essential for building trust and credibility with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Park Montessori legitimate?
Park Montessori is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Montessori 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: $144,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,588
For more financial information, click here
What is the mission statement of Park Montessori?
Park Montessori operates a Montessori school as part of its educational mission. This institution is dedicated to furthering its educational function through the Montessori method. The school's mission is not explicitly stated in the provided data, but it can be inferred that its primary goal is to provide quality Montessori education to its students. Park Montessori may aim to foster an environment that encourages self-directed learning, independence, and a love for exploration, which are fundamental principles of the Montessori method. However, without more specific information, the exact details of Park Montessori's mission cannot be definitively stated.
Who is the CEO of Park Montessori?
William Petri is the President of Park Montessori.
What is the revenue of Park Montessori?
Park Montessori's revenue in 2023 was $925,564.
Who are the executives of Park Montessori and what are their salaries?
The average compensation at Park Montessori during 2023 was $39,698. There are 9 employees at Park Montessori.
Here are 5 key members and their salaries:
- Compensation: $94,810
- Related: $0
- Other: $0
- Compensation: $19,580
- Related: $0
- Other: $0
- Compensation: $15,300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Park Montessori?
Park Montessori's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Park Montessori
Park Montessori, as a nonprofit organization, is dedicated to carrying out its educational function through the operation of a Montessori school. The mission of Park Montessori is to provide a nurturing and stimulating learning environment that fosters the intellectual, social, and emotional growth of its students. By implementing the Montessori method, a child-centered educational approach, Park Montessori aims to cultivate independence, creativity, and a lifelong love of learning in each student. The school's mission is to support the holistic development of its students, preparing them to become responsible and compassionate members of society.
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Impact
October, 2024
Park Montessori plays a crucial role in the educational landscape of Cincinnati, Ohio, by providing an alternative learning environment based on Montessori principles. This approach emphasizes child-centered education, fostering independence, and promoting a love of learning. The school nurtures children's natural curiosity and encourages them to explore their interests at their own pace, facilitating both academic growth and social development.
Through its dedicated teaching staff and thoughtfully designed learning spaces, Park Montessori creates an inclusive atmosphere that caters to diverse learning styles. The impact of its educational function extends beyond academic achievement, fostering critical thinking, problem-solving, and collaborative skills that are essential for lifelong success. As a result, students develop a strong sense of self and community, preparing them to engage actively in the world around them.
This information is meant to be a general summary of Park Montessori. 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.
- Investment Income: $251
- Program Service Revenue: $136,184
- Gross Receipts: $5,447,203
Assets and Liabilities:
- Total Assets: $3,232,673
- Total Liabilities: $247,362
- Net Assets: $2,985,311
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$136,184
Organization Details
Founding Year
1992
Principal Officer
William Petri
Main Address
PO BOX 62953, CINCINNATI, OH, 452620953
NTEE Category
Code: B21Z - Education
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