Overview
What is Hyde Park Montessori?
Hyde Park Montessori is a dedicated educational institution located in Austin, Texas. Serving as a nursery, preschool, or kindergarten, its primary objective is to foster learning and development in the young minds it serves. The organization's mission, as stated, is centered around education, suggesting a commitment to nurturing intellectual growth and personal development in its students. With a focus on providing high-quality education, Hyde Park Montessori plays a vital role in shaping the future of its community's children.
Official website here: www.hydeparkmontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
Hyde Park Montessori has received a One-Star rating from Charity Navigator, indicating significant concerns about its accountability and financial practices. The overall score of 58% reflects both strengths and weaknesses in its governance. Notably, the organization benefits from a fully independent board, which scores well on board composition and the absence of asset diversion, demonstrating a commitment to ethical oversight.
However, the rating highlights critical deficiencies, particularly in financial transparency. The organization has not provided financial statements, resulting in a poor score in this area. Additionally, it lacks key policies such as a whistleblower policy and guidelines for document retention, which are essential for maintaining accountability and trust with stakeholders. The high program expense ratio of 89.12% suggests that a majority of funds are directed towards programs, which is a positive aspect.
Overall, while Hyde Park Montessori shows commendable strengths in governance, the lack of financial transparency and essential policies raises concerns that potential donors and stakeholders should consider carefully. Enhancing transparency and adherence to best practices could significantly improve the organization's rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Hyde Park Montessori legitimate?
Hyde Park Montessori is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hyde Park Montessori 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: $41,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,574
For more financial information, click here
Official website here: www.hydeparkmontessori.org
What is the mission statement of Hyde Park Montessori?
Hyde Park Montessori, as a nursery, preschool, or kindergarten, is dedicated to the pursuit of education. Their mission is centered around this fundamental aspect, aiming to foster learning and growth in young minds. The organization strives to provide an educational environment that caters to the developmental needs of its students, promoting a holistic approach to learning. The focus is on nurturing each child's potential, enabling them to reach their fullest potential in their formative years.
Official website here: www.hydeparkmontessori.org
Who is the CEO of Hyde Park Montessori?
Jessica Salinas is the Executive Director of Hyde Park Montessori.
Official website here: www.hydeparkmontessori.org
What is the revenue of Hyde Park Montessori?
Hyde Park Montessori's revenue in 2022 was $833,634.
Official website here: www.hydeparkmontessori.org
Who are the executives of Hyde Park Montessori and what are their salaries?
The average compensation at Hyde Park Montessori during 2022 was $22,430. There are 21 employees and 5 volunteers at Hyde Park Montessori.
Here are 7 key members and their salaries:
- Compensation: $49,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- 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.hydeparkmontessori.org
Where can I find the form 990 for Hyde Park Montessori?
Hyde Park Montessori's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hydeparkmontessori.org
Learn more at the official website: www.hydeparkmontessori.org
Mission Statement of Hyde Park Montessori
Hyde Park Montessori, as a nursery, preschool, or kindergarten establishment, is committed to the pursuit of education as its primary mission. This nonprofit organization believes in the transformative power of education, aiming to equip its young learners with the necessary skills and knowledge for their future endeavors. By prioritizing education, Hyde Park Montessori seeks to foster a nurturing environment that encourages curiosity, creativity, and critical thinking in its students. The institution's dedication to education is a testament to its unwavering belief in the potential that lies within every child.
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Impact
July, 2024
Hyde Park Montessori's impact is profound in shaping the educational experience of children in Austin, TX. By providing a nurturing environment grounded in Montessori principles, this institution empowers young learners to develop independence, critical thinking skills, and a love for learning. Through their commitment to high-quality education, Hyde Park Montessori plays a significant role in preparing children for future academic success and personal growth.
This information is meant to be a general summary of Hyde Park Montessori. 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: $57
- Program Service Revenue: $677,652
- Gross Receipts: $833,634
Assets and Liabilities:
- Total Assets: $326,731
- Total Liabilities: $48,031
- Net Assets: $278,700
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$650,774
OTHER FEES
Revenue
$26,878
Organization Details
Founding Year
2015
Principal Officer
Jessica Salinas
Main Address
4108 AVENUE H, AUSTIN, TX, 78751
Website
www.hydeparkmontessori.orgNTEE Category
Code: B21 - Education
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