Overview
What is The Petoskey Montessori Children's House?
The Petoskey Montessori Children's House is a learning institution located in Petoskey, Michigan. Their primary objective is to offer a comprehensive educational experience to children, encompassing nursery, preschool, and kindergarten age groups. This nonprofit is dedicated to providing an engaging and enriching learning environment that fosters growth and development.
Official website here: www.petoskeymontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Petoskey Montessori Children's House has received a Two-Star rating from Charity Navigator, indicating a need for improvement. With an overall score of 69%, the organization demonstrates strengths in accountability, particularly with 100% of board members being independent and maintaining a good liabilities to assets ratio of 4.38%. Additionally, 91.46% of expenses go directly towards programs, reflecting a commitment to effective resource allocation.
Despite these strengths, there are several areas of concern that contribute to the need for improvement. The organization lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are critical for transparency and governance. Furthermore, the absence of financial statements posted online raises questions about financial transparency.
The nonprofit does have its board meeting minutes documented and published, which is a positive aspect of their operations. However, the missing elements in their governance practices highlight the need for significant enhancements in their accountability and financial reporting. Addressing these shortcomings could improve their rating and foster greater trust among stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Petoskey Montessori Children's House legitimate?
The Petoskey Montessori Children's House is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Petoskey Montessori Children's House 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: $390,636
For more financial information, click here
Official website here: www.petoskeymontessori.org
What is the mission statement of The Petoskey Montessori Children's House?
The Petoskey Montessori Children's House is dedicated to delivering an educational experience. Their primary objective is to provide a nurturing environment that fosters learning. By offering a comprehensive educational experience, they aim to equip children with the necessary skills and knowledge for their growth and development. The institution's mission focuses on creating an educational setting that encourages curiosity, independence, and a love for learning.
Official website here: www.petoskeymontessori.org
Who is the CEO of The Petoskey Montessori Children's House?
Nicky Byron is the President of The Petoskey Montessori Children's House.
Official website here: www.petoskeymontessori.org
What is the revenue of The Petoskey Montessori Children's House?
The Petoskey Montessori Children's House's revenue in 2023 was $794,875.
Official website here: www.petoskeymontessori.org
Who are the executives of The Petoskey Montessori Children's House and what are their salaries?
The average compensation at The Petoskey Montessori Children's House during 2023 was $15,625. There are 25 employees at The Petoskey Montessori Children's House.
Here are 7 key members and their salaries:
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Official website here: www.petoskeymontessori.org
Where can I find the form 990 for The Petoskey Montessori Children's House?
The Petoskey Montessori Children's House's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.petoskeymontessori.org
Learn more at the official website: www.petoskeymontessori.org
Mission Statement of The Petoskey Montessori Children's House
The Petoskey Montessori Children's House is dedicated to providing an enriching educational experience. This mission-driven institution aims to create a learning environment that fosters growth and development in its young students. By focusing on education, the Petoskey Montessori Children's House seeks to equip its pupils with the necessary skills and knowledge to navigate their early years with confidence and curiosity. This educational approach is designed to nurture each child's unique potential, fostering a love for learning that will last a lifetime.
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Impact
October, 2024
The Petoskey Montessori Children's House plays a significant role in shaping early childhood education in Petoskey, MI. By offering a nurturing and structured environment, it fosters developmental growth in children during their formative years. The educational experiences provided emphasize hands-on learning, encouraging curiosity and independence.
Children are immersed in a curriculum that supports cognitive, social, and emotional development, equipping them with essential skills for future academic success. This approach not only enhances their individual potential but also cultivates a sense of community among families, as parents engage actively in the educational process.
The impact of The Petoskey Montessori Children's House extends beyond the classroom, as it sets the foundation for lifelong learning, instills confidence, and promotes a love for education in young learners. Through its commitment to providing quality educational experiences, it contributes to a brighter future for both the children and the broader Petoskey community.
This information is meant to be a general summary of The Petoskey Montessori Children's House. 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: $125
- Program Service Revenue: $633,531
- Gross Receipts: $797,954
Assets and Liabilities:
- Total Assets: $380,036
- Total Liabilities: $16,712
- Net Assets: $363,324
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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
$613,678
LATCHKEY
Revenue
$15,353
APPLICATION FEES
Revenue
$4,500
Organization Details
Phone
(231) 347-5331Principal Officer
Nicky Byron
Main Address
1560 EAST MITCHELL ROAD, PETOSKEY, MI, 49770
Website
www.petoskeymontessori.orgNTEE Category
Code: P33 - Human services
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