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Island Village Montessori Charter School Inc

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

EIN: 651067095 ✦ Venice, FL ✦ Designated as a 501(c)(3)

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Overview

What is Island Village Montessori Charter School Inc?

Island Village Montessori Charter School Inc, located at 2001 Pinebrook Road, Venice, Florida 34292, operates as a public charter school, catering to students from kindergarten through eighth grade. Established in 2001, this nonprofit institution strives to provide a Montessori learning environment for around 600 students, making education accessible without tuition fees. The school's mission is rooted in nurturing each student's potential, fostering an engaging and supportive learning atmosphere. With a team of 78 dedicated employees, Island Village Montessori Charter School Inc is committed to fostering academic growth and personal development for its students.


Official website here: www.islandvillage.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 90%, Four-Star out of Four Star rating.

Island Village Montessori Charter School Inc demonstrates a strong commitment to accountability and finance, reflected in its high score of 90%. This rating indicates effective management of resources and transparency in operations, which is crucial for donor confidence. The organization has achieved full marks for its independent board members and financial oversight, showcasing a robust governance structure.

Strengths of the organization include a solid program expense ratio of 85.88%, indicating that a substantial portion of funds is directed towards its educational programs. Additionally, the absence of any material diversion of assets and no liabilities to officers further underlines its financial integrity. However, the organization lacks a whistleblower policy, which could be seen as a gap in its governance practices.

While Island Village Montessori Charter School Inc excels in many areas, the missing whistleblower policy may raise concerns for some stakeholders regarding internal accountability. Overall, its strong performance in accountability and finance suggests a well-managed nonprofit focused on delivering educational services effectively.


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

Is Island Village Montessori Charter School Inc legitimate?

Island Village Montessori Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Village Montessori Charter School 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: $3,590,769

For more financial information, click here


Official website here: www.islandvillage.org

What is the mission statement of Island Village Montessori Charter School Inc?

The Island Village Montessori Charter School Inc, established in 2001, aims to offer a tuition-free Montessori education to students from kindergarten through eighth grade. The school's mission is to provide an educational environment that fosters the holistic development of each student, enabling them to reach their full potential. The school's approach to education emphasizes self-directed learning, fostering independence, and promoting a love for lifelong learning. The school served approximately 600 students during the fiscal year ending June 30, 2022, operating as a public charter school.


Official website here: www.islandvillage.org

Who is the CEO of Island Village Montessori Charter School Inc?

Dan Alexander is the President of Island Village Montessori Charter School Inc.


Official website here: www.islandvillage.org

What is the revenue of Island Village Montessori Charter School Inc?

Island Village Montessori Charter School Inc's revenue in 2022 was $6,665,939.


Official website here: www.islandvillage.org

Who are the executives of Island Village Montessori Charter School Inc and what are their salaries?

The average compensation at Island Village Montessori Charter School Inc during 2022 was $46,036. There are 78 employees and 204 volunteers at Island Village Montessori Charter School Inc.


Here are 4 key members and their salaries:


Michael Fingerle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Alexander (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Ballou (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Madpak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.islandvillage.org

Where can I find the form 990 for Island Village Montessori Charter School Inc?

Island Village Montessori Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.islandvillage.org

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

Mission Statement of Island Village Montessori Charter School Inc

Island Village Montessori Charter School Inc was established with a mission to provide a tuition-free Montessori education to all students. This nonprofit organization, founded in 2001, aimed to cater to approximately 600 students in grades K-8, offering them an environment that fostered Montessori learning. The school operated as a public charter school, providing an educational setting that encouraged the holistic development of its students.

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Impact




July, 2024

Island Village Montessori Charter School Inc has made a significant impact by providing a tuition-free Montessori education to approximately 600 students in grades K-8. By operating as a public charter school, it offers a unique environment for children to learn and grow. This impact extends beyond just education, as the school plays a crucial role in shaping the future of its students and contributing to the overall community in VENICE, FL. Through its mission of offering a Montessori education to all students, Island Village Montessori Charter School Inc is helping to create a brighter future for the next generation.




This information is meant to be a general summary of Island Village Montessori Charter School 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
$6,665,939 (2022)
Expenses
$5,867,291 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $109,341
  • Gross Receipts: $6,665,939

Assets and Liabilities:

  • Total Assets: $10,329,292
  • Total Liabilities: $2,457,472
  • Net Assets: $7,871,820

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Programs

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

AFTER CARE

Revenue

$2,308

PRESCHOOL

Revenue

$107,033

Organization Details

Founding Year

2001

Principal Officer

Dan Alexander

Main Address

2001 PINEBROOK ROAD, VENICE, FL, 34292

NTEE Category

Code: B20 - Education

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