Overview
What is Versailles Montessori School?
Versailles Montessori School is a nonprofit organization situated in Versailles, Kentucky. With a dedicated team of 25 individuals, their primary focus is on promoting and understanding the educational methods and principles pioneered by Marie Montessori. They strive to support and develop schools that employ the same methods and principles, fostering a nurturing environment for children's learning. The school's mission revolves around educating children using the Montessori method, empowering them with the necessary tools for cognitive, social, and emotional growth.
Official website here: www.versaillesmontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 62%)
Versailles Montessori School has received a two-star rating from Charity Navigator, indicating that the organization needs improvement. The overall score of 62% reflects several strengths and weaknesses in various areas of accountability and finance. While the school demonstrates a strong program expense ratio of 84.28%, indicating a commitment to its educational programs, it lacks independent board members, which raises concerns about governance and oversight.
The organization's financial transparency is another area of concern, as it has not provided financial statements, which results in a score of zero for that category. Although there are policies in place for conflict of interest and whistleblower protections, the absence of a document retention policy and missing tax forms on its website further detracts from its accountability ratings.
Despite these limitations, the school has not had any material diversion of assets, which is a positive sign for its financial integrity. Overall, while Versailles Montessori School shows commitment to its educational mission through program spending, the lack of independent governance and financial transparency issues suggest that there is significant room for improvement in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Versailles Montessori School legitimate?
Versailles Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Versailles Montessori School 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: $730,523
For more financial information, click here
Official website here: www.versaillesmontessori.org
What is the mission statement of Versailles Montessori School?
The Versailles Montessori School's mission is centered around educating children using the teachings and principles of Maria Montessori. Their primary goal is to promote knowledge and understanding of this educational method. Additionally, they aim to assist and develop schools that employ the same Montessori methods and principles. By doing so, the school contributes to the broader educational community, fostering an environment that aligns with Maria Montessori's educational philosophy.
Official website here: www.versaillesmontessori.org
Who is the CEO of Versailles Montessori School?
Anthony J Guagliardo is the Secretary/Dir of Versailles Montessori School.
Official website here: www.versaillesmontessori.org
What is the revenue of Versailles Montessori School?
Versailles Montessori School's revenue in 2023 was $1,278,020.
Official website here: www.versaillesmontessori.org
Who are the executives of Versailles Montessori School and what are their salaries?
The average compensation at Versailles Montessori School during 2023 was $29,221. There are 25 employees at Versailles Montessori School.
Here are 5 key members and their salaries:
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Official website here: www.versaillesmontessori.org
Where can I find the form 990 for Versailles Montessori School?
Versailles Montessori School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.versaillesmontessori.org
Learn more at the official website: www.versaillesmontessori.org
Mission Statement of Versailles Montessori School
Versailles Montessori School, as a mission-driven organization, is dedicated to the education of children utilizing the methods and principles pioneered by Marie Montessori. The primary goal of this institution is to promote a comprehensive understanding of these educational methods and principles. Beyond this, Versailles Montessori School also aims to assist and develop schools that embrace the same teaching methods and philosophies. By doing so, the organization contributes to the broader education community, fostering an environment that nurtures and supports children's cognitive, emotional, and social development.
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Impact
July, 2024
Versailles Montessori School's impact is evident in the way it educates children using Marie Montessori's methods and principles. By promoting knowledge and understanding of these educational methods, the school not only benefits its own students but also contributes to the development of other schools employing the same pedagogical approach. Through its mission of educating children using Montessori methods, Versailles Montessori School is making a significant impact in the field of education, particularly in promoting a unique and successful approach to learning.
This information is meant to be a general summary of Versailles Montessori School. 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 2023.
- Investment Income: $6,364
- Program Service Revenue: $804,474
- Gross Receipts: $1,311,532
Assets and Liabilities:
- Total Assets: $1,345,446
- Total Liabilities: -$3,893
- Net Assets: $1,349,339
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$804,474
Organization Details
Founding Year
1994
Phone
(859) 873-1998Principal Officer
Anthony J Guagliardo
Main Address
480 PINKARD PIKE, VERSAILLES, KY, 40383
Website
www.versaillesmontessori.orgNTEE Category
Code: B21Z - Education
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