Overview
What is Norwood School Inc?
Norwood School Inc is a Bethesda, Maryland-based independent school catering to students from grades K through 8, with a student body of 454. Apart from tuition fees, the school generates revenue through its summer camp and auxiliary programs. Norwood School's mission inspires students to become confident, compassionate, independent, and creative thinkers, embracing a lifelong learning attitude. With a team of 214 employees, the organization fosters a child-centered program that aims to nurture well-rounded individuals.
Official website here: www.norwoodschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Norwood School Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The overall score is derived from a comprehensive assessment of the organization's financial practices, showcasing its dedication to transparency and effective management of resources. The high score indicates the nonprofit's financial health and responsible stewardship of donations.
The organization boasts a highly independent board, with 89% of its members being independent, which is crucial for unbiased governance. The large board size of 17 members, along with excellent scores in audit, oversight, and absence of asset diversion, reinforces the effectiveness of its leadership structure. Furthermore, the presence of robust policies on conflicts of interest, whistleblower protections, and document retention further contributes to the organization's credibility.
Despite its impressive financial standing, there are no specific user feedback or testimonials available to provide a comprehensive view of its impact on stakeholders. However, the financial ratios demonstrate a high level of program expenses, suggesting that a significant portion of resources is directed towards its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Norwood School Inc legitimate?
Norwood School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwood 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: $723,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,848,728
For more financial information, click here
Official website here: www.norwoodschool.org
What is the mission statement of Norwood School Inc?
Norwood School Inc's mission is to foster confident, compassionate, independent, and creative thinkers through a child-centered program. This approach inspires students to embrace lifelong learning and develop essential skills for personal growth. The educational institution, catering to students in grades K through 8, generates revenue not only from tuition but also through the operation of a summer camp and auxiliary programs.
Official website here: www.norwoodschool.org
Who is the CEO of Norwood School Inc?
Matthew A Gould Phd is the Board Chair of Norwood School Inc.
Official website here: www.norwoodschool.org
What is the revenue of Norwood School Inc?
Norwood School Inc's revenue in 2022 was $22,900,197.
Official website here: www.norwoodschool.org
Who are the executives of Norwood School Inc and what are their salaries?
The average compensation at Norwood School Inc during 2022 was $49,401. There are 214 employees and 150 volunteers at Norwood School Inc.
Here are 26 key members and their salaries:
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- Other: $23,973
Official website here: www.norwoodschool.org
Where can I find the form 990 for Norwood School Inc?
Norwood School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.norwoodschool.org
Learn more at the official website: www.norwoodschool.org
Mission Statement of Norwood School Inc
Norwood School Inc, a renowned educational institution, is dedicated to nurturing self-assured, compassionate, independent, and inventive learners. Through its child-centered program, the school fosters an environment where students embrace a passion for learning that lasts a lifetime.
At Norwood School Inc, educators focus on instilling essential qualities in their students. They cultivate confidence, empathy, and a spirit of independence, enabling students to approach challenges with creative thinking. The curriculum is designed to inspire each child to develop their unique strengths and talents.
The mission of Norwood School Inc is brought to life through its comprehensive educational experience. Students from grades K through 8 attend this independent school, which boasts an enrollment of 454. In addition to tuition revenue, the school generates income through the operation of a summer camp and auxiliary programs. This diverse range of offerings ensures that Norwood School Inc continues to thrive, providing a high-quality education for its students.
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Impact
October, 2024
Norwood School Inc significantly influences the educational landscape by fostering a child-centered program that cultivates confident, compassionate, independent, and creative thinkers. With a commitment to inspiring lifelong learning among its 454 students in grades K through 8, the school prioritizes a nurturing environment where young learners can thrive.
In addition to its primary educational offerings, Norwood School enhances its mission through summer camps and auxiliary programs, providing further opportunities for students to engage in various learning experiences. This comprehensive approach not only supports academic achievement but also promotes personal growth and social responsibility, equipping students with essential skills for their future endeavors. The impact of Norwood School extends beyond the classroom, shaping a community of well-rounded individuals poised to contribute positively to society.
This information is meant to be a general summary of Norwood 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.
- Investment Income: $791,828
- Program Service Revenue: $18,106,240
- Gross Receipts: $35,460,905
Assets and Liabilities:
- Total Assets: $68,477,593
- Total Liabilities: $26,470,430
- Net Assets: $42,007,163
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$18,106,240
Organization Details
Founding Year
1952
Phone
(301) 365-2595Principal Officer
Matthew A Gould Phd
Main Address
8821 RIVER ROAD, BETHESDA, MD, 20817
Website
www.norwoodschool.orgNTEE Category
Code: B240 - Education
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