Overview
What is Madison Montessori Society Inc?
Madison Montessori Society Inc, located in Madison, Wisconsin, is a nonprofit institution dedicated to both education and child care. As a nursery, preschool, or kindergarten, their primary focus is on providing an enriching learning environment for young children. Their mission is centered around these two essential aspects, aiming to foster growth and development in a nurturing setting. The precise activities and programs offered by this organization are geared towards education and child care, ensuring a well-rounded developmental experience for the children under their care.
Official website here: www.madisonmontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Madison Montessori Society Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization performs well in areas such as having a majority of independent board members and maintaining a low liabilities-to-assets ratio, which reflects a solid financial standing. The program expense ratio is also commendable, showing that a significant portion of its expenditures goes directly to its programs.
However, there are notable weaknesses in the nonprofit's governance and transparency practices. The organization has not provided essential financial statements and lacks a whistleblower policy, document retention policy, and publicly accessible board meeting minutes. Additionally, the absence of its tax form on the website highlights areas where transparency could be improved to foster greater trust and accountability with stakeholders.
Overall, while Madison Montessori Society Inc demonstrates strengths in board independence and program spending, it needs to address its governance shortcomings to enhance its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Montessori Society Inc legitimate?
Madison Montessori Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison 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:
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Other Salaries and Wages: $432,201
For more financial information, click here
Official website here: www.madisonmontessori.org
What is the mission statement of Madison Montessori Society Inc?
The Madison Montessori Society Inc, serving as a nursery, preschool, or kindergarten, is committed to its mission of providing quality Education and Child Care. This organization strives to foster learning and development in young children, aiming to equip them with essential skills and knowledge. The society's mission is centered around nurturing the overall growth of each child under its care. It aspires to create an environment that encourages curiosity, independence, and a love for learning, thereby setting a strong foundation for their future educational journey.
Official website here: www.madisonmontessori.org
Who is the CEO of Madison Montessori Society Inc?
James Kokalj is the Director of Madison Montessori Society Inc.
Official website here: www.madisonmontessori.org
What is the revenue of Madison Montessori Society Inc?
Madison Montessori Society Inc's revenue in 2023 was $653,944.
Official website here: www.madisonmontessori.org
Who are the executives of Madison Montessori Society Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.madisonmontessori.org
Where can I find the form 990 for Madison Montessori Society Inc?
Madison Montessori Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.madisonmontessori.org
Learn more at the official website: www.madisonmontessori.org
Mission Statement of Madison Montessori Society Inc
Madison Montessori Society, a dedicated organization, is committed to the realm of education and child care. Its mission, in essence, is to foster learning and nurture children's development. This nonprofit institution seeks to provide an educational environment that caters to the needs of young learners, ranging from nursery age to kindergarten. The society's primary goal is to create a conducive learning space where children can grow, learn, and develop at their own pace. The Madison Montessori Society is not just about academics; it also focuses on the holistic development of each child, ensuring they grow into well-rounded individuals.
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Impact
July, 2024
Madison Montessori Society Inc has a significant impact on education and child care in Madison, WI. The organization provides a nurturing and educational environment for children, helping them develop essential skills and knowledge through the Montessori approach. By focusing on individualized learning and holistic development, Madison Montessori Society Inc contributes to the growth and well-being of the children in the community.
This information is meant to be a general summary of Madison Montessori Society 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: $5,417
- Program Service Revenue: $542,065
- Gross Receipts: $653,944
Assets and Liabilities:
- Total Assets: $437,140
- Total Liabilities: $4,754
- Net Assets: $432,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$542,065
Organization Details
Founding Year
1964
Phone
(608) 273-8600Principal Officer
James Kokalj
Main Address
5530 Medical Circle, Madison, WI, 53719
Website
www.madisonmontessori.orgNTEE Category
Code: B21Z - Education
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