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Montessori Education Trust Inc

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

EIN: 311712963 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Montessori Education Trust Inc?

Montessori Education Trust Inc, located in Charlottesville, Virginia, is a nonprofit organization devoted to educating children aged between 21 months and kindergarten, following the philosophy and practices of Dr. Maria Montessori. This educational institution employs the Montessori curriculum, which emphasizes personal independence and social responsibility in each individual. The trust operates with a team of 34 dedicated professionals, providing a nurturing environment for children from diverse backgrounds. Montessori Education Trust Inc strives to educate its students using the unique Montessori approach, fostering their growth and development in a supportive and inclusive setting.


Official website here: www.montessoriofcville.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Star Rating)

Montessori Education Trust Inc has received a low rating of 58%, indicating areas of concern regarding the organization's accountability and financial practices. While the organization benefits from a majority of independent board members and maintains a good program expense ratio, crucial aspects such as financial statement availability and compliance with certain governance policies notably lack transparency.

The organization demonstrates strengths with no material diversion of assets and adherence to basic conflict of interest policies. However, the absence of a whistleblower policy and missing documentation related to financial transparency and governance detract from its overall accountability. Additionally, the high liabilities to assets ratio suggests potential financial instability, which could impact its long-term sustainability and effectiveness.

Overall, while Montessori Education Trust Inc shows commitment to its programs, the significant gaps in financial reporting and governance could raise concerns for potential donors and stakeholders about its overall operational health and accountability.


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

Is Montessori Education Trust Inc legitimate?

Montessori Education Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Education Trust 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: $136,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.montessoriofcville.org

What is the mission statement of Montessori Education Trust Inc?

Montessori Education Trust Inc's mission is centered around educating children aged from 21 months to kindergarten, employing the Montessori curriculum. The organization adheres to the philosophy and teaching methods of Dr. Maria Montessori, fostering personal independence and social responsibility in each individual. The school's mission is to provide an inclusive environment, accepting children from various backgrounds. The Montessori Education Trust Inc aims to nurture well-rounded individuals, preparing them for future learning and social interactions.


Official website here: www.montessoriofcville.org

Who is the CEO of Montessori Education Trust Inc?

Lindsey Munson is the Treasurer of Montessori Education Trust Inc.


Official website here: www.montessoriofcville.org

What is the revenue of Montessori Education Trust Inc?

Montessori Education Trust Inc's revenue in 2022 was $1,349,567.


Official website here: www.montessoriofcville.org

Who are the executives of Montessori Education Trust Inc and what are their salaries?

The average compensation at Montessori Education Trust Inc during 2022 was $4,027. There are 34 employees at Montessori Education Trust Inc.


Here are 7 key members and their salaries:


Lindsey Munson (Treasurer)
  • Compensation: $78,868
  • Related: $0
  • Other: $0
Kelly Carwile (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Oliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Shevlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Lloyd (Program Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Hall (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudian Mcelwain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montessoriofcville.org

Where can I find the form 990 for Montessori Education Trust Inc?

Montessori Education Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montessoriofcville.org

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

Mission Statement of Montessori Education Trust Inc

Montessori Education Trust Inc, a nonprofit organization, is dedicated to educating children between the ages of 21 months and kindergarten. Following the philosophy and teachings of Dr. Maria Montessori, the institution aims to foster personal independence and social responsibility in each individual. By utilizing the Montessori curriculum, Montessori Education Trust Inc encourages a hands-on, self-directed learning approach that allows children to develop at their own pace. The school promotes an inclusive environment, welcoming children from various backgrounds. The mission of Montessori Education Trust Inc is to provide a nurturing and stimulating educational experience, empowering young learners to become confident, responsible, and compassionate individuals.

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Impact




October, 2024

Montessori Education Trust Inc significantly impacts early childhood education by fostering personal independence and social responsibility in young learners. By implementing the Montessori curriculum, the organization provides a unique educational experience tailored for children aged 21 months through kindergarten. This approach encourages self-directed learning and exploration, allowing each child to progress at their own pace.

Located in Charlottesville, Virginia, the organization emphasizes inclusivity, welcoming children from diverse backgrounds to participate in its programs. Through hands-on learning tools and an environment designed to stimulate curiosity, Montessori Education Trust Inc cultivates critical thinking, collaboration, and problem-solving skills, laying a strong foundation for lifelong learning. The philosophy of Dr. Maria Montessori ensures that education is not just about academic achievement, but also about nurturing a well-rounded and socially responsible individual. The impact of this educational model can be seen as children develop essential life skills that extend beyond the classroom.




This information is meant to be a general summary of Montessori Education Trust Inc. 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
$1,349,567 (2022)
Expenses
$1,150,584 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11
  • Program Service Revenue: $1,025,201
  • Gross Receipts: $1,349,567

Assets and Liabilities:

  • Total Assets: $2,048,788
  • Total Liabilities: $1,631,858
  • Net Assets: $416,930

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Programs

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

TUITION AND FEES

Revenue

$1,025,201

Organization Details

Founding Year

2000

Principal Officer

Lindsey Munson

Main Address

631 CUTLER LANE, CHARLOTTESVILLE, VA, 229013951

NTEE Category

Code: B82 - Education

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