Overview
What is Small World Montessori Society Inc?
Small World Montessori Society Inc, based in Racine, Wisconsin, is a nonprofit organization with a focus on early childhood education. They specialize in the Montessori method, offering educational programs for children aged between 2 and 6, encompassing preschool and kindergarten curriculums. Additionally, they provide Montessori-based programs for before and after school care. The organization employs a team of 17 individuals, committed to fostering a nurturing and stimulating learning environment for young learners.
Official website here: www.smwschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Small World Montessori Society Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scores particularly well in areas such as board independence and material diversion of assets, demonstrating strong governance practices. With 80% of its board members being independent and a low liabilities to assets ratio, it reflects good financial health.
However, there are notable weaknesses, particularly regarding compliance with best practices. The absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy are significant gaps in governance that could impact transparency. Despite these limitations, the organization maintains a high program expense ratio, allocating over 80% of its expenses directly to its programs, which highlights its commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Small World Montessori Society Inc legitimate?
Small World Montessori Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Small World 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: $92,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,472
For more financial information, click here
Official website here: www.smwschool.org
What is the mission statement of Small World Montessori Society Inc?
The mission of Small World Montessori Society Inc. is focused on providing Montessori education for children aged between 2 and 6, encompassing both preschool and kindergarten programming. Additionally, the organization offers Montessori programs for before and after school care. Their mission aims to foster a nurturing environment that supports the holistic development of each child, enabling them to build a strong foundation for academic and personal growth.
Official website here: www.smwschool.org
What is the revenue of Small World Montessori Society Inc?
Small World Montessori Society Inc's revenue in 2023 was $499,072.
Official website here: www.smwschool.org
Who are the executives of Small World Montessori Society Inc and what are their salaries?
The average compensation at Small World Montessori Society Inc during 2023 was $16,886. There are 20 employees at Small World Montessori Society Inc.
Here are 10 key members and their salaries:
- Compensation: $54,733
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- Other: $0
- Compensation: $37,518
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- Other: $0
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- Other: $0
Official website here: www.smwschool.org
Where can I find the form 990 for Small World Montessori Society Inc?
Small World Montessori Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.smwschool.org
Learn more at the official website: www.smwschool.org
Mission Statement of Small World Montessori Society Inc
Small World Montessori Society Inc is dedicated to providing Montessori education for children aged 2 to 6, covering both preschool and kindergarten programming. Beyond this, the organization offers Montessori programs for before and after school care as well. In essence, Small World Montessori Society Inc serves as a nurturing environment for young learners, employing the Montessori method to foster their cognitive, social, and emotional development.
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Impact
July, 2024
Small World Montessori Society Inc's impact lies in providing young children with a foundational Montessori education that fosters independence, creativity, and a love for learning. By offering preschool and kindergarten programs as well as before and after school care, this organization positively influences the development of children aged 2-6 in Racine, Wisconsin. Through its mission of Montessori education, Small World Montessori Society Inc is shaping the future generation with a holistic approach that values individual growth and self-directed learning.
This information is meant to be a general summary of Small World 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: $21
- Program Service Revenue: $357,190
- Gross Receipts: $505,537
Assets and Liabilities:
- Total Assets: $306,867
- Total Liabilities: $11,181
- Net Assets: $295,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIELD TRIPS & SOCIAL EVEN
Revenue
$956
REGISTRATION
Revenue
$1,185
SERVICE FEES
TUITION
Revenue
$355,049
Organization Details
Founding Year
1973
Principal Officer
Stephen Petro
Website
www.smwschool.orgNTEE Category
Code: B21 - Education
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