Montessori Learning Community Of Asheville Inc

Charity Navigator Rating: 74%, Two-Star out of Four Star rating.

Montessori Learning Community Of Asheville Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization performs adequately in some areas, there are notable weaknesses in its financial practices. The organization demonstrates a robust program expense ratio of 85.10%, indicating that a significant portion of its expenses supports its mission-driven activities. Additionally, it has effective governance policies in place, such as conflict of interest and whistleblower policies, which are essential for maintaining accountability.

However, the organization faces challenges in its financial health, particularly with a liabilities to assets ratio of 136.83%. This suggests a concerning level of liabilities compared to its assets, which could impact long-term sustainability. Furthermore, the absence of the tax form on its website raises transparency concerns, as potential donors may find it difficult to access critical financial information.

Overall, while Montessori Learning Community Of Asheville Inc has strengths in governance and program expenditure, its financial health and transparency need attention to improve its rating and build trust with stakeholders.

This AI summary has been generated from information found on Charity Navigator.

Montessori Learning Community Of Asheville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Learning Community Of Asheville 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: $58,237
Professional Fundraising Fees: $0
Other Salaries and Wages: $582,545

For more financial information, click here

Official website here: www.mlcasheville.org