Richmond Montessori School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540788167 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Richmond Montessori School Inc?

Richmond Montessori School Inc, located at 499 N Parham Road, Richmond, VA 23229, is a dedicated educational institution serving children between the ages of 2 and 14. This nonprofit organization employs approximately 108 individuals and is committed to educating young learners based on the Montessori philosophy. Their mission involves providing a nurturing environment that fosters the holistic development of children, encompassing academic, social, and emotional growth. The school's total student enrollment is approximately 315, making it a vibrant community of young learners and educators.


Official website here: www.richmont.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Richmond Montessori School Inc has achieved an impressive score of 96%, which reflects its strong commitment to accountability and financial management. The rating is primarily based on their performance in the Accountability & Finance category, indicating that the organization adheres to high standards of transparency and responsible financial practices.

One of the notable strengths of Richmond Montessori School Inc is its governance structure, featuring a fully independent board composed of 13 members. This independence ensures that the organization operates without conflicts of interest, further bolstering its credibility. Additionally, the school has implemented comprehensive policies related to conflict of interest, whistleblower protections, and document retention, demonstrating a commitment to ethical management.

Financially, the organization appears to be in good standing, with a low liabilities-to-assets ratio of 6.51% and a high program expense ratio of 79.75%. These figures indicate that a significant portion of its resources is directed toward programmatic activities, which is a positive sign for donors looking to understand how their contributions are utilized. Overall, Richmond Montessori School Inc stands out as a well-managed nonprofit with a focus on accountability and effective governance.


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

What do the Facebook reviews say about Richmond Montessori School Inc?

96% of 43 reviewers on Facebook recommend Richmond Montessori School Inc. Here is a summary of their reviews:

Many parents express strong satisfaction with the quality of education their children receive at the school. They highlight a well-rounded curriculum that emphasizes not only literacy and math but also arts, music, and physical education. The global education and Spanish programs are also appreciated, showcasing the school's commitment to providing a diverse and enriching learning experience.

The beautiful campus adds to the overall positive impression, contributing to a nurturing environment for children. Overall, the school appears dedicated to delivering a comprehensive educational experience that meets the needs of its students.


This AI summary has been generated from reviews found on Facebook.

Is Richmond Montessori School Inc legitimate?

Richmond Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond 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: $156,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,223,837

For more financial information, click here


Official website here: www.richmont.org

What is the mission statement of Richmond Montessori School Inc?

Richmond Montessori School Inc's mission is centered around educating children, specifically those aged between 2 and 14 years old. This educational institution upholds the Montessori philosophy in its teaching methods. Its primary objective is to provide an educational environment that caters to the unique needs and development stages of each child within this age range. The school aims to foster a learning environment that encourages independence, creativity, and a love for learning in its students. With an enrollment of approximately 315 students, Richmond Montessori School Inc is committed to nurturing the next generation, instilling in them the values and skills necessary for personal growth and success.


Official website here: www.richmont.org

Who is the CEO of Richmond Montessori School Inc?

Grainne Murray is the Trustee of Richmond Montessori School Inc.


Official website here: www.richmont.org

What is the revenue of Richmond Montessori School Inc?

Richmond Montessori School Inc's revenue in 2023 was $5,944,503.


Official website here: www.richmont.org

Who are the executives of Richmond Montessori School Inc and what are their salaries?

The average compensation at Richmond Montessori School Inc during 2023 was $31,295. There are 108 employees and 150 volunteers at Richmond Montessori School Inc.


Here are 14 key members and their salaries:


Ryan Browning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Lane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thoko Lipato (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Del Campo Merricks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonny Gupta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Callaghan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco Tricarico (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Flint (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christen Courville (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Henderer (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari-Lou Frank (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gurpreet Sandhu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Menear (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grainne Murray (Head Of School)
  • Compensation: $155,868
  • Related: $0
  • Other: $11,619


Official website here: www.richmont.org

Where can I find the form 990 for Richmond Montessori School Inc?

Richmond Montessori School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.richmont.org

Learn more at the official website: www.richmont.org

Mission Statement of Richmond Montessori School Inc

Richmond Montessori School Inc, a renowned educational institution, is dedicated to providing an education for children between the ages of 2 and 14. Their mission is fundamentally grounded in the Montessori philosophy, which forms the backbone of their educational approach. The school aims to create a conducive learning environment that fosters the holistic development of young minds, encouraging their cognitive, social, and emotional growth. By adhering to the Montessori methodology, Richmond Montessori School Inc seeks to nurture independent learners who can think critically, solve problems effectively, and contribute positively to their communities. With an enrollment of approximately 315 students, the school is committed to shaping the future leaders and innovators of tomorrow, guided by the principles of Montessori education.

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Impact




July, 2024

Richmond Montessori School Inc has a significant impact on the education of children aged 2 to 14 years in Richmond, VA. The school, with a total student enrollment of approximately 315, provides educational services based on the Montessori philosophy. By offering a unique educational approach, Richmond Montessori School Inc is able to support the holistic development of children and foster a love for learning at an early age. The school's mission to provide an education rooted in Montessori principles underscores its commitment to offering a high-quality and enriching educational experience to its students. The impact of Richmond Montessori School Inc extends beyond traditional education, as it plays a vital role in shaping the future of children and nurturing their intellectual, social, and emotional growth.




This information is meant to be a general summary of Richmond 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.

Revenue
$5,944,503 (2023)
Expenses
$5,871,557 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $114,696
  • Program Service Revenue: $5,594,449
  • Gross Receipts: $6,022,753

Assets and Liabilities:

  • Total Assets: $11,215,213
  • Total Liabilities: $731,152
  • Net Assets: $10,484,061

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$5,475,332

FEES

Revenue

$119,117

Organization Details

Founding Year

1965

Principal Officer

Grainne Murray

Main Address

499 N PARHAM ROAD, RICHMOND, VA, 23229

NTEE Category

Code: B21 - Education

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