Overview
What is Morganton Day School Inc?
Morganton Day School Inc, located at 305 West Concord Street, Morganton, North Carolina 28655, is a nonprofit organization dedicated to the education of children from kindergarten through 8th grade. Adhering to a philosophy of experiential learning, parental involvement, and recognition of individual uniqueness, the school fosters a sense of belonging within the global community. With a team of 30 employees, Morganton Day School Inc is committed to providing a comprehensive educational experience that caters to the growth and development of each student.
Official website here: www.morgantondayschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Score: 73%
Morganton Day School Inc has received a two-star rating from Charity Navigator, indicating a need for improvement despite a strong performance in accountability and finance with a perfect score of 100%. The organization demonstrates commendable governance practices, including a fully independent board and effective handling of potential conflicts of interest. Additionally, they maintain a high program expense ratio of 82.75%, suggesting that a significant portion of their budget is directed towards programs rather than administrative costs.
However, the evaluation highlights serious shortcomings in financial transparency and documentation practices. The nonprofit scored zero points in areas such as financial statements being available, whistleblower policies, and document retention policies, which may undermine stakeholder trust. Furthermore, the absence of tax forms on their website raises concerns about accessibility and transparency for potential donors and the public.
Overall, while Morganton Day School Inc displays strengths in governance and program expenditure, addressing the highlighted areas of improvement is essential for enhancing its overall effectiveness and public trust. The organization would benefit from focusing on better financial reporting and transparency practices to align with best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Morganton Day School Inc legitimate?
Morganton Day School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morganton Day 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: $92,377
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,917
For more financial information, click here
Official website here: www.morgantondayschool.com
What is the mission statement of Morganton Day School Inc?
Morganton Day School Inc's mission is centered around providing an educational experience for children from kindergarten to eighth grade. Their philosophy emphasizes experiential learning, encourages parental involvement, and values the uniqueness of each individual as a vital member of a global community. The school is committed to fostering an environment that nurtures the holistic growth of its students, allowing them to develop into well-rounded individuals who can contribute positively to the world.
Official website here: www.morgantondayschool.com
Who is the CEO of Morganton Day School Inc?
Amy Crowder is the Board Member of Morganton Day School Inc.
Official website here: www.morgantondayschool.com
What is the revenue of Morganton Day School Inc?
Morganton Day School Inc's revenue in 2022 was $1,316,947.
Official website here: www.morgantondayschool.com
Who are the executives of Morganton Day School Inc and what are their salaries?
The average compensation at Morganton Day School Inc during 2022 was $22,876. There are 30 employees and 50 volunteers at Morganton Day School Inc.
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Official website here: www.morgantondayschool.com
Where can I find the form 990 for Morganton Day School Inc?
Morganton Day School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.morgantondayschool.com
Learn more at the official website: www.morgantondayschool.com
Mission Statement of Morganton Day School Inc
Morganton Day School Inc, a educational institution catering to children from kindergarten through eighth grade, is deeply committed to an educational philosophy that emphasizes experiential learning, parental involvement, and the recognition of each student's unique individuality within a global community. The school's mission is to foster an environment that encourages learning through hands-on experiences, actively involves parents in their children's educational journey, and instills a sense of shared responsibility and understanding of the interconnectedness of individuals across the world. This holistic approach to education at Morganton Day School Inc aims to nurture well-rounded, globally aware individuals who are prepared to navigate and contribute positively to the ever-changing world.
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Impact
July, 2024
Morganton Day School Inc's impact is evident in its dedication to providing experiential education for children from kindergarten through 8th grade. By emphasizing parental involvement and recognizing the uniqueness of each individual as a member of the global community, the school aims to foster a well-rounded education experience for its students. Through its focus on education and community engagement, Morganton Day School Inc plays a significant role in shaping the future generations of learners and leaders.
This information is meant to be a general summary of Morganton Day 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: $11
- Program Service Revenue: $976,282
- Gross Receipts: $1,409,914
Assets and Liabilities:
- Total Assets: $1,648,868
- Total Liabilities: $793,923
- Net Assets: $854,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$882,587
ACTIVITY FEES
Revenue
$56,387
AFTERSCHOOL FEES
Revenue
$25,344
LUNCH
Revenue
$11,964
Organization Details
Founding Year
1977
Phone
(828) 437-6782Principal Officer
Amy Crowder
Main Address
305 WEST CONCORD STREET, MORGANTON, NC, 28655
Website
www.morgantondayschool.comNTEE Category
Code: B24 - Education
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