Racine Montessori Society Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

The Racine Montessori Society Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization has some strengths, there are significant areas needing improvement. The overall score of 69% reflects a solid program expense ratio of 96.11%, suggesting that the majority of its funds are directed towards its programs rather than administrative expenses. Additionally, the organization boasts a fully independent board, which is a positive aspect of its governance.

However, there are notable shortcomings that affect the nonprofit's rating. The absence of essential policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, raises concerns about accountability and transparency. Furthermore, the organization has not posted financial statements or its tax form on its website, which limits public access to key financial information and could hinder trust among supporters and stakeholders.

While Racine Montessori Society Inc demonstrates a commitment to its educational programs, the lack of transparency and accountability mechanisms is a significant limitation. Addressing these issues could enhance the organization's standing and potentially improve its future ratings.

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

Racine Montessori Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racine Montessori Society 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: $53,047
Professional Fundraising Fees: $0
Other Salaries and Wages: $446,313

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