Overview
What is Follow The Child Montessori School Inc?
Follow The Child Montessori School Inc, situated in Raleigh, North Carolina, is a nonprofit organization dedicated to educating approximately 183 students ranging from 18 months to 6th grade. Employing the Montessori method, the school fosters an environment that nurtures each child's innate wisdom and love for learning. Valuing the whole child, the institution encourages independence and self-motivation, fosters constructive social skills, guides academic development, and offers opportunities for effective and thoughtful leadership. With a team of 47 employees, the school provides a responsive and inclusive learning space, inspiring wisdom and fostering personal growth.
Official website here: www.followthechild.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Needs Improvement
Follow The Child Montessori School Inc has received a two-star rating from Charity Navigator, indicating a need for improvement within its operations. The overall score of 66% highlights some strengths, particularly in governance and transparency, where the organization excels with an independent board composition and comprehensive policies in place. Notably, they have a strong program expense ratio of 80.69%, which suggests that a significant portion of their funds is directed toward their programs.
However, the organization's financial health is a concern, as indicated by a liabilities to assets ratio of 71.68%, which reflects potential financial risk. This aspect may raise flags for potential donors regarding the sustainability of the organization. While the school demonstrates solid accountability measures, the financial challenges present a limitation that could affect its long-term viability and mission fulfillment.
In summary, while Follow The Child Montessori School Inc shows strong governance practices and program investment, it faces financial stability issues that need to be addressed to enhance its overall performance and rating in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Follow The Child Montessori School Inc legitimate?
Follow The Child Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Follow The Child 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: $376,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,221,993
For more financial information, click here
Official website here: www.followthechild.org
What is the mission statement of Follow The Child Montessori School Inc?
Follow The Child Montessori School Inc's mission is to foster a learning environment that ignites each child's love for knowledge and innate wisdom. This is achieved through a responsive and inclusive structure that values the whole child. The school encourages independence and self-motivation, nurtures constructive social skills, guides academic development, and offers opportunities for effective, thoughtful leadership. The school's approach aims to inspire innate wisdom and support the holistic growth of each child.
Official website here: www.followthechild.org
What is the revenue of Follow The Child Montessori School Inc?
Follow The Child Montessori School Inc's revenue in 2024 was $3,009,350.
Official website here: www.followthechild.org
Who are the executives of Follow The Child Montessori School Inc and what are their salaries?
The average compensation at Follow The Child Montessori School Inc during 2024 was $38,977. There are 41 employees and 100 volunteers at Follow The Child Montessori School Inc.
Here are 14 key members and their salaries:
- Compensation: $144,766
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- Other: $26,307
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- Compensation: $80,576
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- Other: $10,156
- Compensation: $103,333
- Related: $0
- Other: $10,912
- Compensation: $106,856
- Related: $0
- Other: $0
Official website here: www.followthechild.org
Where can I find the form 990 for Follow The Child Montessori School Inc?
Follow The Child Montessori School Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.followthechild.org
Learn more at the official website: www.followthechild.org
Mission Statement of Follow The Child Montessori School Inc
Follow The Child Montessori School Inc fosters an environment that encourages each child's love for learning and innate wisdom. This is accomplished through the use of meaningful structures that provide ample opportunities for exploration and growth. The school values the whole child, promoting independence and self-motivation while fostering constructive social skills. It guides academic development and offers chances for effective, thoughtful leadership. The school's mission is centered around creating a responsive and inclusive setting, where every child's unique potential can blossom.
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Impact
July, 2024
Follow The Child Montessori School Inc's impact is seen in the educational development of approximately 183 students between the ages of 18 months through 6th grade in a Montessori method classroom. Through meaningful structure, the school creates opportunities that spark each child's love of learning and innate wisdom in a responsive and inclusive environment. Valuing the whole child, the school encourages independence and self-motivation, fosters constructive social skills, guides academic development, and offers opportunities for effective, thoughtful leadership. This holistic approach to education empowers students to grow academically, socially, and personally, setting a foundation for their future success.
This information is meant to be a general summary of Follow The Child 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $74,294
- Program Service Revenue: $2,826,248
- Gross Receipts: $3,031,763
Assets and Liabilities:
- Total Assets: $8,092,577
- Total Liabilities: $5,805,913
- Net Assets: $2,286,664
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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
$2,768,260
SCHOOL ACTIVITIES
Revenue
$57,988
Organization Details
Founding Year
2001
Principal Officer
Rebecca Mcgrail
Website
www.followthechild.orgNTEE Category
Code: B24 - Education
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