Overview
What is Aster Montessori School Inc?
Aster Montessori School Inc, located at 883 Cambridge Street, Cambridge, MA 02141, is a dedicated Montessori institution serving children aged 3-6 and their families in the local community. As a non-profit organization, Aster Montessori School (ASTER) strives to forge a novel learning environment, bridging the gap between home-schooling and institutional education, scientists, and teachers, and schools and their surrounding neighborhoods. With a team of four employees, Aster Montessori School is committed to providing an authentic Montessori experience that fosters children's growth and development.
Official website here: www.astermontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Aster Montessori School Inc received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas for improvement. With a program expense ratio of 75.16%, the nonprofit prioritizes its core mission, which is a positive indicator of its operations. However, the overall accountability and finance score of 69% reveals some concerns, particularly regarding governance policies and financial oversight.
The organization has a solid independent board structure with 60% of its board members being independent and a well-formed audit and oversight committee that received full points. Despite this, it lacks critical governance policies, including a conflict of interest policy, a whistleblower policy, and document retention policies, which could hinder transparency and accountability.
Additionally, the liabilities to assets ratio is notably high at 164.42%, suggesting potential financial instability. The absence of tax form postings on the nonprofit's website further complicates its accountability to stakeholders. Overall, while Aster Montessori School Inc shows commitment to its mission through program spending, it needs to strengthen its governance and financial practices to enhance its credibility and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Aster Montessori School Inc legitimate?
Aster Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aster Montessori School 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: $189,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,341
For more financial information, click here
Official website here: www.astermontessori.org
What is the mission statement of Aster Montessori School Inc?
Aster Montessori School Inc, a non-profit organization, aims to serve as an experimental learning environment. It seeks to blur the lines between home-schooling and institutional education, scientists and teachers, and schools and their surrounding neighborhoods. The mission of Aster Montessori School is to provide an authentic Montessori education to children aged 3 to 6, while fostering a close-knit relationship between the school and its families. The school strives to create a unique learning environment that encourages collaboration and innovation between various stakeholders.
Official website here: www.astermontessori.org
Who is the CEO of Aster Montessori School Inc?
Angelina Hawley-Dolan is the President of Aster Montessori School Inc.
Official website here: www.astermontessori.org
What is the revenue of Aster Montessori School Inc?
Aster Montessori School Inc's revenue in 2022 was $516,106.
Official website here: www.astermontessori.org
Who are the executives of Aster Montessori School Inc and what are their salaries?
The average compensation at Aster Montessori School Inc during 2022 was $73,561. There are 4 employees and 5 volunteers at Aster Montessori School Inc.
Here are 5 key members and their salaries:
- Compensation: $78,113
- Related: $0
- Other: $0
- Compensation: $78,113
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.astermontessori.org
Where can I find the form 990 for Aster Montessori School Inc?
Aster Montessori School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.astermontessori.org
Learn more at the official website: www.astermontessori.org
Mission Statement of Aster Montessori School Inc
Aster Montessori School, a non-profit organization, aims to serve as an experimental learning environment for children aged 3 to 6 and their families. The mission of Aster Montessori School is to blur the lines between home-schooling and institutional education, scientists and teachers, and schools and their surrounding neighborhoods. This innovative approach seeks to create a unique and immersive learning experience, combining the best of both worlds to provide a holistic education for young children. By fostering collaborative relationships between these various entities, Aster Montessori School strives to pioneer a new model of education that is both nurturing and intellectually stimulating.
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Impact
July, 2024
Aster Montessori School Inc's impact lies in revolutionizing the traditional educational model. By providing an authentic Montessori learning experience to children aged 3-6 in Cambridge, MA, Aster Montessori School blurs the lines between home-schooling and institutional schooling. It creates a unique learning environment that fosters collaboration between scientists and teachers, while integrating schools with the surrounding communities. Through its innovative approach, Aster Montessori School is shaping the future of education and making a tangible difference in the lives of families in Cambridge.
This information is meant to be a general summary of Aster Montessori School 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.
- Program Service Revenue: $415,352
- Gross Receipts: $516,106
Assets and Liabilities:
- Total Assets: $157,811
- Total Liabilities: $293,451
- Net Assets: -$135,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$415,352
Organization Details
Founding Year
2014
Phone
(857) 285-6916Principal Officer
Angelina Hawley-Dolan
Main Address
883 CAMBRIDGE STREET, CAMBRIDGE, MA, 02141
Website
www.astermontessori.orgNTEE Category
Code: B21 - Education
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