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Montessori Children's Academy Inc

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

EIN: 383307003 ✦ Clinton twp, MI ✦ Designated as a 501(c)(3)

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Overview

What is Montessori Children's Academy Inc?

Montessori Children's Academy Inc, located in Clinton Township, Michigan (43521 Romeo Plank), is a dedicated nonprofit organization with a mission to educate children in the Montessori method. This approach fosters self-discipline, self-awareness, and independence in its students. The academy, staffed by 20 employees, supports the holistic development of its pupils, including emotional, physical, intellectual, and social growth. Its activities are focused on nurturing these qualities, enabling the children to progress at their own pace and gain a strong sense of self.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star Rating.

Montessori Children's Academy Inc has received a low rating of 56%, reflecting significant areas of concern in its accountability and financial practices. The absence of independent board members raises questions about governance, while the lack of financial statements and the nonprofit's website being omitted from their tax form further diminishes transparency. Despite these issues, the organization has a strong program expense ratio, indicating that it allocates all its expenses towards its programs.

The nonprofit does have some strengths, such as maintaining meeting minutes and a conflict of interest policy, which demonstrates an effort towards some level of governance. However, important policies like whistleblower protection and document retention are missing, which are crucial for maintaining trust and accountability. The liabilities to assets ratio shows a stable financial structure, but the lack of comprehensive financial disclosures leaves stakeholders with limited insight.

Overall, while Montessori Children's Academy Inc shows a commitment to mission-driven spending, significant governance and transparency issues need to be addressed to improve its rating and community trust. Addressing these limitations could enhance their operational integrity and potentially improve their standing in the nonprofit sector.


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

Is Montessori Children's Academy Inc legitimate?

Montessori Children's Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Children's Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $470,321

For more financial information, click here

What is the mission statement of Montessori Children's Academy Inc?

Montessori Children's Academy Inc's mission is centered around educating children in a Montessori environment, encouraging the development of self-discipline, self-knowledge, and independence. The academy aims to foster an environment that caters to the emotional, physical, intellectual, and social needs of its students, helping them progress to varying degrees of self-control, self-awareness, and autonomy. The academy's approach to education encourages children to learn at their own pace and in their own unique ways, fostering a sense of independence and self-reliance. The ultimate goal is to prepare these young learners for a successful and fulfilling future.

Who is the CEO of Montessori Children's Academy Inc?

Janet Malkar is the President of Montessori Children's Academy Inc.

What is the revenue of Montessori Children's Academy Inc?

Montessori Children's Academy Inc's revenue in 2023 was $769,406.

Who are the executives of Montessori Children's Academy Inc and what are their salaries?

The average compensation at Montessori Children's Academy Inc during 2023 was $23,516. There are 20 employees at Montessori Children's Academy Inc.


Here are 3 key members and their salaries:


Janet Malkar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shrikant Malkar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shona Spratt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Montessori Children's Academy Inc?

Montessori Children's Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Montessori Children's Academy Inc

Montessori Children's Academy Inc is committed to educating children in a Montessori environment, fostering self-discipline, self-knowledge, and independence. This nonprofit organization strives to nurture the emotional, physical, intellectual, and social needs of its students, guiding them towards varying degrees of self-reliance and self-awareness. By providing an educational setting that encourages exploration and self-directed learning, Montessori Children's Academy Inc aims to empower its students, equipping them with the skills necessary to navigate their lives with confidence and independence.

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Impact




July, 2024

Montessori Children's Academy Inc's impact lies in the educational realm, where it fosters children in the Montessori environment to encourage self-discipline, self-knowledge, and independence. Through its mission to educate children in this unique setting, the academy's students progress in their emotional, physical, intellectual, and social needs, achieving varying degrees of self-discipline, self-knowledge, and independence. This intentional approach helps shape the future generation with vital skills and qualities that will serve them well not just academically but also throughout their lives.




This information is meant to be a general summary of Montessori Children's Academy 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
$769,406 (2023)
2011201220132014201520162017201820192020202120222023$0$300k$600k$900k$1.2M
Expenses
$839,847 (2023)
2011201220132014201520162017201820192020202120222023$0$250k$500k$750k$1M
Efficiency
20112012201320142015201620172018201920202021202220230%15%30%45%62%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,701
  • Program Service Revenue: $761,705
  • Gross Receipts: $769,406

Assets and Liabilities:

  • Total Assets: $1,370,268
  • Total Liabilities: $639,646
  • Net Assets: $730,622

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Programs

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

TUITION

Revenue

$809,268

FINANCIAL AID AND DISCOUNTS

Revenue

-$47,563

Organization Details

Founding Year

1996

Principal Officer

Janet Malkar

Main Address

43521 ROMEO PLANK, CLINTON TWP, MI, 48038

NTEE Category

Code: B24 - Education

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