Decolores Montessori School

Charity Navigator Rating: Needs Improvement. The Decolores Montessori School has received a Two-Star out of Four Star rating with an overall score of 73%. This indicates that while the organization performs adequately in some areas, it still has significant room for improvement, particularly in aspects of accountability and finance.

The organization demonstrates strong financial management, as evidenced by its high program expense ratio of 99.88% and a favorable liabilities to assets ratio of 10.26%. Additionally, the board of directors has a majority of independent members, which can enhance governance and accountability. However, there are concerns regarding the lack of critical financial documentation, as the school has not provided financial statements and is missing policies on whistleblower protection and document retention.

These gaps in documentation and policy could raise potential red flags for donors and stakeholders regarding transparency and governance. While the school has strengths in program expenditures and board independence, addressing these limitations will be essential for improving its overall rating and trustworthiness in the nonprofit sector.

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

Decolores Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Decolores Montessori School 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: $93,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $818,026

For more financial information, click here

Official website here: www.decoloresgreenville.com