Fort Wayne Montessori Association I

Charity Navigator Rating: 54%, One-Star out of Four Star rating. The Fort Wayne Montessori Association I has received a low rating, indicating potential concerns in accountability and financial practices. The organization has a strong independent board with 88% of its members being independent, which is a positive aspect of its governance structure.

While the board composition is commendable, significant weaknesses are evident in other areas. There are several missing policies, including conflict of interest and whistleblower protections, which could affect transparency and accountability. Additionally, the organization has not provided financial statements, leading to a score of zero in that critical area, raising questions about its financial reporting.

Despite these limitations, the organization does have a reasonable program expense ratio of 57.82%, indicating that a majority of its expenses are directed towards its programs. However, the absence of key documentation and policies suggests that stakeholders should be cautious and advocate for improvements in governance and transparency practices.

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

Fort Wayne Montessori Association I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Wayne Montessori Association I 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $649,947

For more financial information, click here

Official website here: www.peacemontessori.org