Overview
What is Magnolia Montessori School?
Magnolia Montessori School is a non-profit educational institution situated in Oxford, Mississippi. Its primary objective is to provide children with high-quality education using the Montessori method, which encompasses a child care center and educational programs from primary to junior high school. The school's mission includes offering comprehensive training and instruction in various aspects, such as education, social development, intellectual growth, and recreational activities, aiming to foster well-rounded individuals. With a dedicated team of 32 employees, Magnolia Montessori School is committed to nurturing and shaping young minds in a nurturing and stimulating environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating
Magnolia Montessori School has received an 85% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating reflects the organization's strong governance practices, including a fully independent board and comprehensive financial oversight. The school has demonstrated a commitment to transparency and effective management of resources.
The organization excels in key financial metrics, with a program expense ratio of 100%, which shows that all of its expenses are directed towards its programs. Additionally, it has maintained a low liabilities to assets ratio of 50.81%, suggesting prudent financial management. The presence of a conflict of interest policy and well-documented board meeting minutes further underscores its commitment to ethical practices.
While the overall rating is commendable, there is always room for improvement in areas such as expanding financial reserves or enhancing community engagement initiatives. However, the current rating positions Magnolia Montessori School as a reliable and responsible nonprofit organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Magnolia Montessori School legitimate?
Magnolia Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Montessori School 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: $404,651
For more financial information, click here
What is the mission statement of Magnolia Montessori School?
Magnolia Montessori School operates as a non-profit institution, dedicated to providing education for children using the Montessori method. This encompasses a child care center, as well as primary, elementary, and junior high school levels. The school aims to offer comprehensive training in education, social skills, intellectual development, and recreation, fostering a holistic growth for its students. The Montessori approach is incorporated throughout their curriculum, enabling children to learn and grow at their own pace and in a nurturing environment.
Who is the CEO of Magnolia Montessori School?
Praveen Panickar is the President of Magnolia Montessori School.
What is the revenue of Magnolia Montessori School?
Magnolia Montessori School's revenue in 2022 was $692,671.
Who are the executives of Magnolia Montessori School and what are their salaries?
The average compensation at Magnolia Montessori School during 2022 was $12,645. There are 32 employees at Magnolia Montessori School.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Magnolia Montessori School?
Magnolia Montessori School's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Magnolia Montessori School
Magnolia Montessori School, a non-profit institution, is dedicated to providing educational services for children. Its mission encompasses the operation of a child care center, along with primary, elementary, and junior high schools. The school employs the Montessori method of instruction, a unique approach that integrates educational, social, intellectual, and recreational training and instruction. This method aims to foster a holistic development of each child, nurturing their growth in various aspects of life. By doing so, Magnolia Montessori School seeks to equip its students with the necessary skills and knowledge to navigate their future with confidence and competence.
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Impact
July, 2024
Magnolia Montessori School's impact is evident in its dedication to providing high-quality educational experiences for children through the Montessori method of instruction. By incorporating educational, social, intellectual, and recreational training, the school nurtures well-rounded individuals who are equipped with the skills needed to succeed in life. Located in Oxford, MS, Magnolia Montessori School plays a vital role in shaping the next generation of learners and leaders. Through its commitment to excellence in education, the school positively influences the lives of students and contributes to the overall growth and development of the community.
This information is meant to be a general summary of Magnolia Montessori School. 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.
- Program Service Revenue: $679,297
- Gross Receipts: $692,671
Assets and Liabilities:
- Total Assets: $359,870
- Total Liabilities: $23,280
- Net Assets: $336,590
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$679,297
Organization Details
Founding Year
2014
Phone
(662) 234-0344Principal Officer
Praveen Panickar
Main Address
PO Box 2700, Oxford, MS, 38655
NTEE Category
Code: B20 - Education
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