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Salem 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: 562253872 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Salem Montessori School Inc?

Salem Montessori School Inc, located in Winston Salem, North Carolina, is a nonprofit organization dedicated to offering a Montessori educational experience. With a focus on preschool and elementary-aged children, the school provides instruction to 80 preschoolers who attend classes 2, 3, or 5 days a week and 32 elementary students who attend five days a week. The mission of Salem Montessori School Inc is to create a stimulating and nurturing learning environment that encourages self-directed exploration and fosters the holistic development of each child. With a team of 25 dedicated individuals, the organization strives to provide a high-quality Montessori educational experience to 114 children in total.


Official website here: www.salem-montessori.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Salem Montessori School Inc has received a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 77% overall, with the score derived solely from its Accountability & Finance metrics. A high level of transparency is demonstrated through independent board members, with 100% of the board being independent and maintaining a substantial size of 13 members.

The nonprofit excels in various areas, achieving perfect scores for material diversion of assets, having a conflict of interest policy, and documenting board meeting minutes. Additionally, it maintains a healthy liabilities to assets ratio of 43.50% and an impressive program expense ratio of 89.16%, indicating that a significant portion of its funds directly supports its mission.

Despite the positive indicators, the overall rating suggests there may still be room for improvement in certain areas to enhance its effectiveness further. Nonetheless, the school's financial practices and governance structures appear robust and well-managed.


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

Is Salem Montessori School Inc legitimate?

Salem Montessori School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem 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: $79,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $447,694

For more financial information, click here


Official website here: www.salem-montessori.org

What is the mission statement of Salem Montessori School Inc?

The mission of Salem Montessori School Inc, as stated, is focused on delivering a Montessori educational experience to a diverse group of children. Specifically, it aims to cater to 80 preschool-aged children who attend the school for 2, 3, or 5 days a week, and an additional 32 elementary-aged children who attend school daily. The school's mission is to provide an educational environment following the Montessori method, fostering the growth and development of these children.


Official website here: www.salem-montessori.org

Who is the CEO of Salem Montessori School Inc?

Richard Browne is the Head Of School of Salem Montessori School Inc.


Official website here: www.salem-montessori.org

What is the revenue of Salem Montessori School Inc?

Salem Montessori School Inc's revenue in 2022 was $799,311.


Official website here: www.salem-montessori.org

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

The average compensation at Salem Montessori School Inc during 2022 was $21,095. There are 25 employees and 40 volunteers at Salem Montessori School Inc.


Here are 12 key members and their salaries:


Patrick Velde (Head Of School)
  • Compensation: $29,622
  • Related: $0
  • Other: $5,228
Lauren Reid (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Morales (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Browne (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Dyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Chrysson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Kazakos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Dalena (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Albright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Burnett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Blalock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.salem-montessori.org

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

Salem Montessori School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.salem-montessori.org

Learn more at the official website: www.salem-montessori.org

Mission Statement of Salem Montessori School Inc

Salem Montessori School Inc is dedicated to offering a unique educational experience to young learners. Specifically, the nonprofit serves 80 preschool-aged children who attend school for two, three, or five days a week, and 32 elementary school-aged children who attend school five days a week. In essence, Salem Montessori School Inc aims to provide a Montessori-based education to a total of 114 children, fostering their growth and development in a nurturing environment. This educational approach encourages self-directed learning and independence, allowing each child to develop at their own pace and in their own way.

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Impact




July, 2024

Salem Montessori School Inc's impact is significant in providing a high-quality Montessori educational experience to 114 preschool and elementary age children in Winston-Salem, NC. Through their mission to serve these children, the school is shaping young minds and fostering a love for learning in a nurturing and supportive environment. This impact extends beyond the students themselves, influencing families and the community at large with the values and skills instilled through a Montessori education.




This information is meant to be a general summary of Salem 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
$799,311 (2022)
Expenses
$802,053 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $912
  • Program Service Revenue: $707,086
  • Gross Receipts: $810,006

Assets and Liabilities:

  • Total Assets: $317,249
  • Total Liabilities: $185,990
  • Net Assets: $131,259

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Programs

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

Tuition

Revenue

$687,829

Lunch Bunch

Revenue

$13,344

Application Fees

Revenue

$5,838

Late Payment Fees

Revenue

$75

Organization Details

Founding Year

2001

Principal Officer

Richard Browne

Main Address

529 South Church Street, Winston Salem, NC, 27101

NTEE Category

Code: B20 - Education

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