Overview
What is Arkansas Montessori Society Inc?
Arkansas Montessori Society Inc is a dedicated nonprofit organization that focuses on education, specifically utilizing the Montessori method. Their mission is to create an environment that fosters the holistic development of children, encompassing their intellectual, physical, and psychological abilities. The organization serves around 179 students, providing them with an educational experience tailored to the Montessori method.
Official website here: www.lrmontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Arkansas Montessori Society Inc has received a low rating of 56%, indicating significant concerns in its accountability and financial practices. While the organization boasts an impressive 83% of its board members being independent, it lacks crucial financial transparency, as evidenced by the absence of financial statements and missing policies on conflict of interest, whistleblowing, and document retention.
Strengths include a solid liabilities-to-assets ratio of 20.62% and a reasonable program expense ratio of 59.33%, which suggests that a substantial portion of its funding is directed towards its programs. However, the absence of essential documentation and policies severely impacts its overall accountability score and raises questions about governance practices.
Overall, the Arkansas Montessori Society Inc demonstrates some positive aspects in its governance structure, but the deficiencies in financial documentation and policy implementation hinder its credibility and effectiveness as a nonprofit organization. Improved transparency and adherence to best practices could enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Montessori Society Inc legitimate?
Arkansas Montessori Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Montessori Society 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: $965,710
For more financial information, click here
Official website here: www.lrmontessori.org
What is the mission statement of Arkansas Montessori Society Inc?
Arkansas Montessori Society Inc., through its mission, focuses on providing education using the Montessori method. This approach creates a meticulously prepared environment, fostering the development of children's intellectual, physical, and psychological abilities. By doing so, the society aims to empower each child to reach their full potential. The society currently serves approximately 179 students.
Official website here: www.lrmontessori.org
Who is the CEO of Arkansas Montessori Society Inc?
Amy Barrett is the Administrator of Arkansas Montessori Society Inc.
Official website here: www.lrmontessori.org
What is the revenue of Arkansas Montessori Society Inc?
Arkansas Montessori Society Inc's revenue in 2023 was $1,676,629.
Official website here: www.lrmontessori.org
Who are the executives of Arkansas Montessori Society Inc and what are their salaries?
The average compensation at Arkansas Montessori Society Inc during 2023 was $15,089. There are 64 employees at Arkansas Montessori Society Inc.
Here are 6 key members and their salaries:
- Compensation: $70,749
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- Other: $0
Official website here: www.lrmontessori.org
Where can I find the form 990 for Arkansas Montessori Society Inc?
Arkansas Montessori Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lrmontessori.org
Learn more at the official website: www.lrmontessori.org
Mission Statement of Arkansas Montessori Society Inc
Arkansas Montessori Society, a renowned organization, is dedicated to providing education using the Montessori method. Their mission is to establish a meticulously prepared learning environment that fosters the holistic development of children, encompassing their intellectual, physical, and psychological abilities. By adhering to the Montessori approach, this society allows children to grow and learn at their own pace, promoting self-discovery and independence. With an enrollment of approximately 179 students, Arkansas Montessori Society is committed to nurturing young minds and equipping them with the necessary skills for a successful future.
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Impact
July, 2024
Arkansas Montessori Society Inc's impact lies in providing education using the Montessori method to create a carefully prepared environment that allows children to develop their intellectual, physical, and psychological abilities. With an enrollment of approximately 179 students in Little Rock, Arkansas, the organization plays a crucial role in nurturing young minds and fostering holistic development. Through their educational approach, Arkansas Montessori Society Inc contributes to shaping future generations with a strong foundation for intellectual and personal growth.
This information is meant to be a general summary of Arkansas Montessori Society 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 2023.
- Investment Income: $2,504
- Program Service Revenue: $1,660,415
- Gross Receipts: $1,679,119
Assets and Liabilities:
- Total Assets: $2,488,059
- Total Liabilities: $513,250
- Net Assets: $1,974,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES REVEN
Revenue
$1,660,415
Organization Details
Founding Year
1966
Phone
(501) 225-2428Principal Officer
Amy Barrett
Main Address
3704 N RODNEY PARHAM, LITTLE ROCK, AR, 72212
Website
www.lrmontessori.orgNTEE Category
Code: B03 - Education
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