Overview
What is Montessori Children's School Of Key West Inc?
Montessori Children's School of Key West Inc is a nonprofit organization situated in Key West, Florida, specifically at 1221 Varela Street. With a dedicated workforce of 18 individuals, this institution is committed to offering high-quality preschool education and childcare services in the area. Although the specifics of their operations, such as their schedule or additional programs, are not detailed in the provided information, the primary mission of this organization is to contribute positively to the early development and education of children in Key West.
Official website here: www.montessorikeywest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Montessori Children's School of Key West Inc has received a One-Star rating from Charity Navigator, reflecting a 54% overall score. This rating highlights significant concerns regarding the organization's financial accountability and transparency, notably marked by missing financial statements and several essential policies. Although the organization boasts a fully independent board, the lack of critical governance practices undermines its overall evaluation.
Strengths identified include a strong program expense ratio of 100%, indicating that all expenses are directed towards its programs. Additionally, the organization has a fully independent board, which is a positive aspect for governance. However, the absence of crucial policies related to conflict of interest and whistleblower protections, along with the missing tax forms on their website, raises questions about their operational integrity.
The organization's liabilities to assets ratio of 72.64% is concerning, suggesting a potential challenge in managing financial obligations. While the presence of documented board meeting minutes shows some level of governance, the overall lack of transparency and accountability measures limits the organization's effectiveness in building trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Montessori Children's School Of Key West Inc legitimate?
Montessori Children's School Of Key West Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Children's School Of Key West 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $512,475
For more financial information, click here
Official website here: www.montessorikeywest.com
What is the mission statement of Montessori Children's School Of Key West Inc?
The Montessori Children's School of Key West Inc is committed to delivering preschool education and childcare services. Their mission, as stated, is centered around providing an educational environment for children in Key West. This institution strives to foster learning and development in young children, offering them a nurturing space for growth and development. While specific details about their approach or additional goals are not provided in the information, it can be inferred that their mission is to offer high-quality early education and care.
Official website here: www.montessorikeywest.com
Who is the CEO of Montessori Children's School Of Key West Inc?
Kurt Matarazzo is the Principal Officer of Montessori Children's School Of Key West Inc.
Official website here: www.montessorikeywest.com
What is the revenue of Montessori Children's School Of Key West Inc?
Montessori Children's School Of Key West Inc's revenue in 2022 was $1,176,901.
Official website here: www.montessorikeywest.com
Who are the executives of Montessori Children's School Of Key West Inc and what are their salaries?
The average compensation at Montessori Children's School Of Key West Inc during 2022 was $28,471. There are 18 employees at Montessori Children's School Of Key West Inc.
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Official website here: www.montessorikeywest.com
Where can I find the form 990 for Montessori Children's School Of Key West Inc?
Montessori Children's School Of Key West Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montessorikeywest.com
Learn more at the official website: www.montessorikeywest.com
Mission Statement of Montessori Children's School Of Key West Inc
Montessori Children's School of Key West Inc is dedicated to providing high-quality preschool education and childcare services. Their mission, as stated, is to offer an enriching learning environment that caters to the developmental needs of young children in Key West. The school utilizes the Montessori methodology, a renowned educational approach that emphasizes independence, freedom within limits, and respect for a child's natural psychological, physical, and social development. By implementing this methodology, Montessori Children's School of Key West Inc aims to foster a love of learning and prepare children for a successful transition into primary school. The school's mission is to ensure that every child under its care receives a solid educational foundation, enabling them to become confident, self-directed, and responsible individuals.
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Impact
July, 2024
The Montessori Children's School Of Key West Inc's impact is evident in the quality preschool education and childcare it provides to the children of Key West. By offering a Montessori-based curriculum, the school promotes a holistic approach to learning that fosters independence, creativity, and critical thinking skills in young learners. Through its mission to provide high-quality education and childcare services, the school plays a crucial role in laying a strong foundation for the future success of its students.
This information is meant to be a general summary of Montessori Children's School Of Key West 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: $55
- Program Service Revenue: $785,589
- Gross Receipts: $1,207,587
Assets and Liabilities:
- Total Assets: $1,692,692
- Total Liabilities: $1,776,471
- Net Assets: -$83,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition, Daycare, & Fe
Revenue
$785,589
Organization Details
Founding Year
1972
Phone
(305) 294-5302Principal Officer
Kurt Matarazzo
Main Address
1221 Varela Street, Key West, FL, 33040
Website
www.montessorikeywest.comNTEE Category
Code: B21Z - Education
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