Overview
What is Bloomington Montessori Association Inc?
Bloomington Montessori Association Inc is a not-for-profit educational institution situated in Bloomington, Indiana. Its primary focus is providing quality primary and elementary education to young learners. As a Montessori association, it fosters a nurturing environment that encourages independent learning, creativity, and overall development of the child. The association operates as a nursery, preschool, or kindergarten, contributing positively to the educational landscape of its community.
Official website here: www.bloomingtonmontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Bloomington Montessori Association Inc has received an overall score of 84%, which translates to a Three-Star rating. This score is based entirely on the Accountability & Finance beacon, indicating that the organization demonstrates a solid commitment to financial integrity and transparency. The strong score reflects their effective management of resources and adherence to accountability standards.
One of the organization's strengths includes having a fully independent board, which scored 8 out of 8 points. Additionally, they have a robust structure in terms of financial oversight, with an Audit and Oversight Committee receiving full marks. Their liabilities to assets ratio stands at an impressive 37.86%, and the program expense ratio is also notable at 85.52%, showing that a significant portion of their funding is directed towards programs rather than administrative costs.
However, the organization does have some areas for improvement, particularly regarding the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each of which received zero points. This lack of policies could pose risks to governance practices and overall accountability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Bloomington Montessori Association Inc legitimate?
Bloomington Montessori Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomington Montessori Association 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: $102,995
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,091,096
For more financial information, click here
Official website here: www.bloomingtonmontessori.org
What is the mission statement of Bloomington Montessori Association Inc?
The Bloomington Montessori Association's mission is centered around primary and elementary education. As an organization, it strives to provide a conducive learning environment for children, focusing on their formative years. The association is committed to fostering their growth and development, aiming to equip them with the necessary skills for their educational journey. While the specifics of their educational approach may not be provided, it's clear that the Bloomington Montessori Association values the importance of early education.
Official website here: www.bloomingtonmontessori.org
Who is the CEO of Bloomington Montessori Association Inc?
Allison O'Boyle is the President of Bloomington Montessori Association Inc.
Official website here: www.bloomingtonmontessori.org
What is the revenue of Bloomington Montessori Association Inc?
Bloomington Montessori Association Inc's revenue in 2023 was $1,903,071.
Official website here: www.bloomingtonmontessori.org
Who are the executives of Bloomington Montessori Association Inc and what are their salaries?
The average compensation at Bloomington Montessori Association Inc during 2023 was $27,138. There are 44 employees and 130 volunteers at Bloomington Montessori Association Inc.
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- Compensation: $98,611
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- Other: $3,037
Official website here: www.bloomingtonmontessori.org
Where can I find the form 990 for Bloomington Montessori Association Inc?
Bloomington Montessori Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bloomingtonmontessori.org
Learn more at the official website: www.bloomingtonmontessori.org
Mission Statement of Bloomington Montessori Association Inc
Bloomington Montessori Association, as a nursery, preschool, or kindergarten institution, is committed to promoting primary and elementary education. Their mission is centered around providing a learning environment that fosters the growth and development of young children. By focusing on primary and elementary education, Bloomington Montessori Association aims to equip children with the fundamental skills and knowledge necessary for a solid educational foundation. This mission is not just about teaching academic subjects, but also about nurturing a love for learning and developing well-rounded individuals.
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Impact
October, 2024
Bloomington Montessori Association Inc significantly impacts the local community by providing quality primary and elementary education. Its innovative approach fosters a nurturing environment where children can develop a love for learning, creativity, and independence. By focusing on Montessori principles, the organization promotes hands-on learning experiences that cater to each child's unique learning style, ensuring that students are engaged and motivated.
The Association not only supports the academic growth of children but also emphasizes social, emotional, and physical development, preparing them for future educational challenges. Through collaboration with families and the community, Bloomington Montessori Association creates a supportive network that enhances children's educational experiences and fosters strong relationships.
As a cornerstone of early childhood education in Bloomington, this institution helps shape future generations by instilling essential skills and values, making a lasting impact on both individual lives and the wider community.
This information is meant to be a general summary of Bloomington Montessori Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $12,768
- Program Service Revenue: $1,774,619
- Gross Receipts: $1,903,071
Assets and Liabilities:
- Total Assets: $2,171,149
- Total Liabilities: $822,348
- Net Assets: $1,348,801
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service revenu
Revenue
$1,774,619
Organization Details
Founding Year
1968
Phone
(812) 336-2800Principal Officer
Allison O'Boyle
Main Address
1835 S Highland Ave, Bloomington, IN, 47401
NTEE Category
Code: B21Z - Education
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