Montverde Academy Inc

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

EIN: 590657329 ✦ Montverde, FL ✦ Designated as a 501(c)(3)

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Overview

What is Montverde Academy Inc?

Montverde Academy Inc is a coeducational independent school located in Montverde, Florida, serving students from grades pre-K 3 to 12, with a boarding program for grades 7-12 and post-graduate studies. With approximately 1,285 students during the 2021-2022 school year, the academy aims to inspire students to become leaders with a passion for knowledge, global vision, and innovation while developing character in a nurturing and diverse community. The engaging and challenging academic environment fosters a desire and skills for students to achieve at the highest levels. Outside the classroom, students engage in fine arts, athletics, school clubs, and service organizations to develop their talents and abilities. Montverde Academy boasts a close-knit, deeply caring community, emphasizing positive relationships to build self-esteem and confidence. The academy's international character draws students from around the world, adding to its cultural diversity. Montverde Academy employs a team of 345 staff members.


Official website here: www.montverde.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star Rating from Charity Navigator.

Montverde Academy Inc has achieved a high rating of 96%, reflecting its strong performance in accountability and finance. This score is particularly significant as it demonstrates the organization’s commitment to transparency and responsible financial practices, scoring full marks in various key areas such as board independence and financial oversight.

The academy boasts a fully independent board, with a majority of members being independent, contributing to effective governance. Furthermore, the organization has robust policies in place, including conflict of interest and whistleblower policies, which enhance its integrity and accountability. Its program expense ratio is also impressive, indicating that a substantial portion of its funds is directed towards its mission-related activities.

While the ratings are overwhelmingly positive, no specific limitations were noted in the available data. This suggests that Montverde Academy Inc is operating effectively and with a clear focus on its financial health and accountability.


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

Is Montverde Academy Inc legitimate?

Montverde Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montverde Academy 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: $638,120
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,521,876

For more financial information, click here


Official website here: www.montverde.org

What is the mission statement of Montverde Academy Inc?

Montverde Academy Inc inspires students to develop into leaders with a passion for knowledge, global vision, and innovation, all while nurturing their character in a diverse community. This coeducational independent school serves students from pre-K 3 to 12th grade, with a boarding program catering to grades 7-12 and post-graduate studies. The engaging and challenging academic environment ignites students' desire and skills to excel. Beyond the classroom, students hone their talents through involvement in fine arts, athletics, clubs, and service organizations. The Montverde Academy community is deeply caring, with positive relationships fostering self-esteem and confidence. With its cultural diversity, the academy attracts students from around the world, enriching the institution's international character.


Official website here: www.montverde.org

Who is the CEO of Montverde Academy Inc?

S Renee Stephens Lundy is the Headmaster of Montverde Academy Inc.


Official website here: www.montverde.org

What is the revenue of Montverde Academy Inc?

Montverde Academy Inc's revenue in 2022 was $32,301,917.


Official website here: www.montverde.org

Who are the executives of Montverde Academy Inc and what are their salaries?

The average compensation at Montverde Academy Inc during 2022 was $32,348. There are 345 employees and 3 volunteers at Montverde Academy Inc.


Here are 18 key members and their salaries:


Dr Kasey C Kesselring (Headmaster)
  • Compensation: $395,000
  • Related: $0
  • Other: $50,000
Kevin Boyle (Head Basketball Coach)
  • Compensation: $280,965
  • Related: $0
  • Other: $0
David Rath (Administration)
  • Compensation: $218,000
  • Related: $0
  • Other: $0
Michael W Potempa Jr (Instructor)
  • Compensation: $216,783
  • Related: $0
  • Other: $0
Bradley Long (Director Of Finance And Ops)
  • Compensation: $193,120
  • Related: $0
  • Other: $0
David Bernatavitz (Dean Of The Upper School)
  • Compensation: $163,874
  • Related: $0
  • Other: $0
Paul M Quick (Dean Of Middle School)
  • Compensation: $120,113
  • Related: $0
  • Other: $0
Dennis Woodward (It Director)
  • Compensation: $115,568
  • Related: $0
  • Other: $0
Dr Walter L Stephens Jr (Trustee Emiritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Scott Ohmstede (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Renee Lundy (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory L Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim J Bach (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mason (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Specht (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Frere (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Parks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney A Mcphee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montverde.org

Where can I find the form 990 for Montverde Academy Inc?

Montverde Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montverde.org

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

Mission Statement of Montverde Academy Inc

Montverde Academy Inc, a coeducational independent school, is dedicated to inspiring students to become leaders with a passion for knowledge, global vision, and innovation while nurturing their character in a diverse community. The institution serves students from grades Pre-K 3 to 12, with a boarding program catering to grades 7-12 and post-graduate studies.

At the core of Montverde Academy's experience lies an engaging and challenging academic environment. Students are encouraged to reach their highest potential, fostering a desire and skills for achievement. Beyond the classroom, students develop their talents and abilities through involvement in fine arts, athletics, school clubs, and service organizations. Montverde Academy's staff, parents, and students form a close-knit, deeply caring community. Positive relationships are emphasized to help build self-esteem and confidence in students, making each one a valued community member.

With cultural diversity as a defining characteristic, Montverde Academy attracts students from around the world. Its international character adds to the richness of the community, creating a global perspective for all students. Montverde Academy is more than just an educational institution; it is a place where students are encouraged to grow, learn, and thrive in an inclusive environment.

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Impact




October, 2024

Montverde Academy Inc plays a transformative role in shaping the leaders of tomorrow by fostering an environment rich in academic rigor and character development. By serving students from pre-kindergarten through 12th grade, the academy offers a comprehensive educational experience in a nurturing and diverse community.

At the core of the Montverde Academy approach is an engaging curriculum that not only emphasizes academic excellence but also empowers students to pursue their passions and develop critical skills necessary for future success. Opportunities in fine arts, athletics, school clubs, and service organizations enable students to explore their talents and interests beyond traditional classroom learning. This holistic education prepares them to face global challenges with a well-rounded perspective.

The academy's commitment to nurturing positive relationships within its closely-knit community enhances student confidence and self-esteem. With an average enrollment of approximately 1,285 students, including a diverse international student body, Montverde Academy cultivates a rich cultural tapestry that broadens the outlook of all its members.

By inspiring a passion for knowledge and fostering innovation, Montverde Academy Inc not only contributes to the academic achievements of its students but also prepares them to become conscientious, forward-thinking leaders equipped to make a meaningful impact in a dynamic world.




This information is meant to be a general summary of Montverde Academy 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
$32,301,917 (2022)
Expenses
$30,642,600 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,236
  • Program Service Revenue: $30,326,643
  • Gross Receipts: $35,652,432

Assets and Liabilities:

  • Total Assets: $55,272,335
  • Total Liabilities: $10,897,142
  • Net Assets: $44,375,193

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Programs

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

TUITION, ROOM & BOARD

Revenue

$29,763,523

INSTRUCTIONAL FEES

Revenue

$435,618

TRANSPORTATION FEES

Revenue

$127,502

Organization Details

Founding Year

1912

Principal Officer

S Renee Stephens Lundy

Main Address

17235 7TH STREET, MONTVERDE, FL, 347563210

NTEE Category

Code: B25 - Education

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