Overview
What is Montessori Learning Center Of Fort Walton Beach Inc?
Montessori Learning Center of Fort Walton Beach Inc is a nonprofit organization dedicated to education, specifically catering to children from pre-kindergarten up to the 3rd grade. Their programs encompass early school admissions, kindergarten, and nursery school, aiming to deliver a comprehensive educational experience. The center's mission is centered around providing a Montessori-based education, which emphasizes self-directed activity, hands-on learning, and collaborative play. Although not explicitly mentioned in the provided information, it is generally understood that such an educational approach aims to foster independence, creativity, and a love for learning in young children.
Official website here: www.montessorifwb.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%
Montessori Learning Center Of Fort Walton Beach Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 67%. This rating indicates that while the organization demonstrates adequate accountability and financial health, there is room for improvement in certain areas. The charity's accountability score is solid, showcasing a fully independent board and a lack of material diversion of assets, which is a positive sign for potential donors.
The organization excels in managing its resources effectively, with a program expense ratio of 80.66%, suggesting that a significant portion of its funds is directed towards its educational programs. Additionally, the liabilities to assets ratio stands at 13.43%, indicating a healthy financial structure. These strengths highlight the nonprofit's commitment to its mission and effective use of donations.
However, despite these strengths, the overall score of 67% places it in a category that indicates potential weaknesses or areas that require attention. Stakeholders may want to consider these factors when deciding to support the organization, as enhancing transparency and further improving financial practices could strengthen its overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Montessori Learning Center Of Fort Walton Beach Inc legitimate?
Montessori Learning Center Of Fort Walton Beach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Learning Center Of Fort Walton Beach 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: $61,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $477,175
For more financial information, click here
Official website here: www.montessorifwb.com
What is the mission statement of Montessori Learning Center Of Fort Walton Beach Inc?
The Montessori Learning Center educates children from pre-kindergarten to third grade through programs such as nursery school, early school admissions, and kindergarten. Its mission is centered around providing education, with a focus on nurturing each child's potential and fostering their intellectual, social, and emotional growth. The organization strives to create an engaging learning environment that encourages self-directed exploration and independence, in line with the Montessori educational philosophy. The Montessori Learning Center aims to equip children with the necessary skills and knowledge to succeed in their academic journey and beyond.
Official website here: www.montessorifwb.com
What is the revenue of Montessori Learning Center Of Fort Walton Beach Inc?
Montessori Learning Center Of Fort Walton Beach Inc's revenue in 2024 was $880,329.
Official website here: www.montessorifwb.com
Who are the executives of Montessori Learning Center Of Fort Walton Beach Inc and what are their salaries?
The average compensation at Montessori Learning Center Of Fort Walton Beach Inc during 2024 was $21,543. There are 25 employees at Montessori Learning Center Of Fort Walton Beach Inc.
Here are 10 key members and their salaries:
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- Compensation: $58,323
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- Other: $3,070
Official website here: www.montessorifwb.com
Where can I find the form 990 for Montessori Learning Center Of Fort Walton Beach Inc?
Montessori Learning Center Of Fort Walton Beach Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.montessorifwb.com
Learn more at the official website: www.montessorifwb.com
Mission Statement of Montessori Learning Center Of Fort Walton Beach Inc
Montessori Learning Center of Fort Walton Beach, a dedicated educational institution, focuses on nurturing children from pre-kindergarten to the third grade. Their mission is multifaceted, encompassing various programs such as nursery school, early school admissions, and kindergarten. This nonprofit center is committed to delivering education as its primary objective, aiming to provide a comprehensive learning experience for its young students. By doing so, Montessori Learning Center of Fort Walton Beach strives to contribute positively to the cognitive and overall development of the children in its care.
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Impact
July, 2024
Montessori Learning Center of Fort Walton Beach impacts the community by providing high-quality education to children from pre-kindergarten through 3rd grade. Through its programs, including nursery school, early school admissions, and kindergarten, the organization focuses on fostering a love for learning and helping children develop important skills at a young age. By offering a Montessori education, the center helps students cultivate independence, critical thinking, and a sense of responsibility, preparing them for success in their academic and personal lives.
This information is meant to be a general summary of Montessori Learning Center Of Fort Walton Beach 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: $23,961
- Program Service Revenue: $778,432
- Gross Receipts: $906,554
Assets and Liabilities:
- Total Assets: $731,909
- Total Liabilities: $98,311
- Net Assets: $633,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & CURRICULUM
Revenue
$637,478
AFTERNOON CARE
Revenue
$64,109
SUMMER CAMP
Revenue
$51,320
REGISTRATION FEES
Revenue
$25,525
Organization Details
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