Overview
What is Cleveland Montessori At Alta House Llc?
Cleveland Montessori at Alta House LLC is a nonprofit organization situated at 12510 Mayfield Road, Cleveland, Ohio 44106. Their primary mission is to raise funds for capital improvements to their property, enabling it to accommodate Montessori school activities and community space for Alta House activities. They continue to manage prior contributions, pay down mortgage debt, and establish reserves for future school facility needs. The organization's aim is to provide a conducive environment for both Montessori education and community engagements through their property renovations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, Score: 73%)
Cleveland Montessori At Alta House has received a two-star rating, indicating that it has room for improvement despite some strong points in accountability and finance. The organization boasts a perfect score of 100% in accountability metrics, with a fully independent board and no liabilities relative to its assets. Additionally, it maintains a high program expense ratio, signaling that most of its funds are directed toward its programs.
However, the nonprofit has several significant shortcomings that have impacted its overall rating. Notably, it is missing critical policies such as those related to conflict of interest and whistleblower protections, and it has not posted key documents on its website, including the tax form. These omissions could undermine the organization's transparency and governance practices, which are essential for building trust with stakeholders.
Overall, while Cleveland Montessori At Alta House demonstrates financial responsibility and a commitment to its mission, the lack of essential policies and transparency measures indicates a need for improvement in governance practices. Reassessing their policies and ensuring that all required documents are accessible can enhance their credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Montessori At Alta House Llc legitimate?
Cleveland Montessori At Alta House Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Montessori At Alta House Llc 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: $0
For more financial information, click here
What is the mission statement of Cleveland Montessori At Alta House Llc?
Cleveland Montessori at Alta House LLC's mission is centered around raising funds to facilitate necessary capital improvements for a property, aiming to house Montessori school activities and community spaces for Alta House activities. The primary objective is to finance the property's transformation, ensuring it can accommodate both educational and communal activities. The organization continues to actively raise capital funds, manage contributions, reduce mortgage debt, and establish reserves to cater to future school facility needs.
Who is the CEO of Cleveland Montessori At Alta House Llc?
Tina Schneider is the Director of Cleveland Montessori At Alta House Llc.
What is the revenue of Cleveland Montessori At Alta House Llc?
Cleveland Montessori At Alta House Llc's revenue in 2022 was $0.
Who are the executives of Cleveland Montessori At Alta House Llc and what are their salaries?
There 10 volunteers at Cleveland Montessori At Alta House Llc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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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 Cleveland Montessori At Alta House Llc?
Cleveland Montessori At Alta House Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cleveland Montessori At Alta House Llc
Cleveland Montessori at Alta House LLC is dedicated to raising funds for the necessary capital improvements to its property. This mission is twofold, aiming to accommodate Montessori school activities as well as community space for Alta House activities. By doing so, the organization aims to enhance the facilities and create a conducive environment for both educational and community programs. The organization continues to collect and manage capital funds, pay down mortgage debt, and establish reserves for future school facility needs.
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Impact
October, 2024
Cleveland Montessori At Alta House LLC significantly enhances the community by financing essential capital improvements that support Montessori educational activities and community space at Alta House. By raising funds and managing contributions, the organization ensures that the facility meets the needs of students and local residents, promoting a collaborative and enriching environment.
The entity's efforts to pay down mortgage debt and establish reserves for future facility needs demonstrate a commitment to long-term sustainability and beneficial programming. This proactive approach not only improves the physical location but also enriches the educational experience, fostering community engagement and development. The overall impact is a strengthened community resource that nurtures both education and social interaction.
This information is meant to be a general summary of Cleveland Montessori At Alta House Llc. 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.
Assets and Liabilities:
- Total Assets: $2,088,527
- Total Liabilities: $31,091
- Net Assets: $2,057,436
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Organization Details
Founding Year
2015
Phone
(216) 421-0700Principal Officer
Tina Schneider
Main Address
12510 MAYFIELD RD, CLEVELAND, OH, 44106
NTEE Category
Code: S20 - Community improvement
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