Knoxville Montessori School

Charity Navigator Rating: 84%, Three-Star out of Four Star Rating

Knoxville Montessori School has received an overall score of 84%, indicating a strong performance in terms of accountability and finance. This rating is based solely on a comprehensive evaluation of its financial practices, showing that the organization adheres to important governance standards. The school boasts a fully independent board of directors and has established effective oversight mechanisms, including an Audit and Oversight Committee.

The organization excels in areas such as conflict of interest policies, whistleblower protections, and document retention practices, all scoring full points. Notably, its high program expense ratio of 83.39% suggests that a significant portion of its expenditures goes directly towards fulfilling its educational mission, which is a positive indicator of effective fund utilization.

However, the school's liabilities to assets ratio of 63.63% points to potential financial vulnerability, as it indicates that a considerable portion of its assets are tied up in liabilities. While the rating reflects a solid commitment to transparency and financial integrity, stakeholders may want to remain aware of this aspect as it can impact the organization's long-term stability.

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

Knoxville Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville 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: $62,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $374,319

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