Overview
What is Montessori Training Center Of Minnesota Inc?
Montessori Training Center of Minnesota Inc, also known as Montessori Center of Minnesota, is a nonprofit organization based in St. Paul, Minnesota. With a mission to transform lives and society, they aim to broaden access to Dr. Maria Montessori's proven method of education. In May 2022, 15 students completed their 3-6 diploma course, with many receiving tuition assistance, including two full scholarships that included living stipends, material stipends, and mentorship. There's a growing need for trained teachers, especially from diverse communities. It's worth noting that 100% of the graduates secured employment, with two even planning to establish community-rooted Montessori schools. The organization, currently employing 34 individuals, is dedicated to this cause, contributing to the development of educated and empowered future generations.
Official website here: www.montessoricetnermn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Montessori Training Center of Minnesota, Inc. has earned a high rating of 97% from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization has a fully independent board, with 100% of its members meeting this criteria, and it has demonstrated excellent financial practices through a well-managed audit and oversight committee. The absence of material asset diversion and the presence of comprehensive policies regarding conflict of interest and whistleblowing further enhance its credibility.
Financially, the organization is solid with a program expense ratio of 78.67%, indicating that a significant portion of its funds directly support its mission. Additionally, it has a low fundraising efficiency ratio of $0.21, which is favorable, as it shows effective use of resources in raising funds. The working capital ratio of 3.55 years suggests a strong financial buffer, allowing the organization to sustain its operations effectively.
While the data reflects a positive overall profile, specific limitations or areas for improvement are not highlighted in the feedback. However, the financial health and governance practices suggest that the Montessori Training Center of Minnesota is effectively managed and positioned to continue its mission successfully.
This AI summary has been generated from information found on Charity Navigator.
Is Montessori Training Center Of Minnesota Inc legitimate?
Montessori Training Center Of Minnesota Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Training Center Of Minnesota 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: $164,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,048,801
For more financial information, click here
Official website here: www.montessoricetnermn.org
What is the mission statement of Montessori Training Center Of Minnesota Inc?
The Montessori Training Center of Minnesota's mission is to transform lives and society by expanding access to Dr. Maria Montessori's proven method of education. They aim to achieve this by providing training for individuals interested in teaching children aged 3-6 years, offering tuition assistance and scholarships to support diversity in the field. In May 2022, 15 students completed the 3-6 diploma course, with many receiving financial aid. Following their graduation, 100% of the students secured employment, and two graduates are pursuing opening community-focused Montessori schools. There is a growing demand for trained teachers, both in the United States and abroad, and the center seeks to meet this need.
Official website here: www.montessoricetnermn.org
Who is the CEO of Montessori Training Center Of Minnesota Inc?
Molly O'Shaughnessy is the President of Montessori Training Center Of Minnesota Inc.
Official website here: www.montessoricetnermn.org
What is the revenue of Montessori Training Center Of Minnesota Inc?
Montessori Training Center Of Minnesota Inc's revenue in 2022 was $2,052,987.
Official website here: www.montessoricetnermn.org
Who are the executives of Montessori Training Center Of Minnesota Inc and what are their salaries?
The average compensation at Montessori Training Center Of Minnesota Inc during 2022 was $35,694. There are 34 employees and 30 volunteers at Montessori Training Center Of Minnesota Inc.
Here are 17 key members and their salaries:
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Official website here: www.montessoricetnermn.org
Where can I find the form 990 for Montessori Training Center Of Minnesota Inc?
Montessori Training Center Of Minnesota Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montessoricetnermn.org
Learn more at the official website: www.montessoricetnermn.org
Mission Statement of Montessori Training Center Of Minnesota Inc
Montessori Training Center of Minnesota Inc is dedicated to transforming lives and society by expanding access to Dr. Maria Montessori's proven method of education. The organization's mission is to broaden the reach of this educational approach, which has shown significant impact in shaping young minds. By offering teacher training programs, Montessori Training Center of Minnesota Inc aims to equip a diverse pool of educators with the necessary skills to effectively apply Montessori's method, thereby making it more accessible to various communities in the United States and beyond.
In line with its mission, Montessori Training Center of Minnesota Inc provides diploma courses, such as the 3-6 diploma course, which prepares teachers to work with children between the ages of 3 and 6. In May 2022, 15 students completed this course, with several of them receiving some form of financial assistance. Two students even secured full scholarships that included tuition, a living stipend, material stipend, and mentorship. The center's efforts to support its students have led to a 100% employment rate for graduates, with two of them actively working towards establishing community-rooted Montessori schools.
This organization's commitment to making Montessori education more accessible is a significant step towards enriching the lives of children and contributing to a more informed and engaged society. By training teachers from diverse backgrounds, Montessori Training Center of Minnesota Inc is not only fostering educational excellence but also promoting cultural understanding and inclusivity.
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Impact
July, 2024
Montessori Training Center Of Minnesota Inc is making a significant impact by training individuals in the proven method of education developed by Dr. Maria Montessori. In May 2022, 15 students completed the 3-6 diploma course, which prepares teachers to work with children aged 3-6 years. The center provided tuition assistance to all students, with two receiving full scholarships that covered tuition, living stipends, material stipends, and mentorship.
The graduates of the program have all successfully obtained employment, with two of them working towards opening community-rooted Montessori schools. This not only helps in spreading the Montessori method but also addresses the growing need for trained teachers, especially from diverse communities, both locally in the United States and abroad. By providing quality training and support, Montessori Training Center Of Minnesota Inc is contributing to the transformation of lives and society through education.
This information is meant to be a general summary of Montessori Training Center Of Minnesota 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 2022.
- Investment Income: $7,909
- Program Service Revenue: $559,538
- Gross Receipts: $2,113,320
Assets and Liabilities:
- Total Assets: $11,268,869
- Total Liabilities: $1,414,687
- Net Assets: $9,854,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND TUITION
Revenue
$559,538
Organization Details
Principal Officer
Molly O'Shaughnessy
Main Address
1611 AMES AVENUE, ST PAUL, MN, 55106
Website
www.montessoricetnermn.orgNTEE Category
Code: B56Z - Education
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