Overview
What is Ridgewood School Inc?
Ridgewood School Inc is a nonprofit organization, dedicated to fostering the success and fulfillment of its students in their academic and adult lives. The institution's primary focus lies in providing a comprehensive education, ensuring that each student is well-equipped to tackle college and beyond. Although the information provided is limited, it is evident that the school's mission is centered around the growth and development of its students, ultimately aiming to set them up for a prosperous future.
Official website here: www.ridgewoodprep.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Overall Score: 69%, Star Rating: Two-Star out of Four Stars. The rating indicates that Ridgewood School Inc faces challenges in accountability and financial transparency, reflected in a low score for financial statements and several governance policies. While the organization has a fully independent board and maintains a healthy liabilities to assets ratio, there are significant gaps in their financial reporting and adherence to best practices regarding conflict of interest and whistleblower policies.
Strengths of Ridgewood School include a fully independent board and a strong program expense ratio, demonstrating a commitment to its mission. The organization also successfully upholds a material diversion of assets score, indicating that it is not mismanaging its resources. However, the absence of essential governance documents and policies raises concerns about the overall operational integrity and transparency of the school.
Limitations noted in the data include a lack of minimum required financial reporting and the absence of key governance policies, which could hinder trust and credibility with stakeholders. The school's financial management practices need improvement, especially in providing comprehensive financial statements and ensuring that all required policies are established and publicly accessible. Addressing these issues may enhance their standing and overall effectiveness in serving their community.
This AI summary has been generated from information found on Charity Navigator.
Is Ridgewood School Inc legitimate?
Ridgewood School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridgewood 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: $568,596
For more financial information, click here
Official website here: www.ridgewoodprep.com
What is the mission statement of Ridgewood School Inc?
Ridgewood School Inc's mission is centered around preparing its students for success in higher education and achieving fulfillment in their adult lives. This is primarily achieved through the education provided by the institution. The school's mission is to equip its students with the necessary skills and knowledge to thrive in their future academic pursuits and personal lives.
Official website here: www.ridgewoodprep.com
Who is the CEO of Ridgewood School Inc?
Milton J Montgomery Jr is the President/He of Ridgewood School Inc.
Official website here: www.ridgewoodprep.com
What is the revenue of Ridgewood School Inc?
Ridgewood School Inc's revenue in 2022 was $1,349,664.
Official website here: www.ridgewoodprep.com
Who are the executives of Ridgewood School Inc and what are their salaries?
The average compensation at Ridgewood School Inc during 2022 was $13,223. There are 43 employees and 50 volunteers at Ridgewood School Inc.
There is 1 key member and their salary:
- Compensation: $86,040
- Related: $0
- Other: $0
Official website here: www.ridgewoodprep.com
Where can I find the form 990 for Ridgewood School Inc?
Ridgewood School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ridgewoodprep.com
Learn more at the official website: www.ridgewoodprep.com
Mission Statement of Ridgewood School Inc
Ridgewood School Inc, a renowned institution, is dedicated to its mission of readying its students for triumph in higher education and contentment in their adult lives. This mission is centered around the education of its students, aiming to equip them with the necessary skills and knowledge to succeed in their future endeavors. The school's objective is to ensure that its students are well-prepared for the challenges they may face in college and beyond, ultimately leading to fulfillment in their adult lives.
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Impact
July, 2024
Ridgewood School Inc, located in Metairie, LA, is focused on preparing its students for success in college and fulfillment in adult life. Through its educational programs, Ridgewood School Inc is making a direct impact on the lives of its students by equipping them with the necessary skills and knowledge to thrive in higher education and beyond. By providing quality education, Ridgewood School Inc is helping to shape the future of its students and preparing them for a successful transition into adulthood.
This information is meant to be a general summary of Ridgewood 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $62,024
- Program Service Revenue: $1,072,390
- Gross Receipts: $1,349,664
Assets and Liabilities:
- Total Assets: $1,021,938
- Total Liabilities: $1,408
- Net Assets: $1,020,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES
Revenue
$1,009,742
REGISTRATION FEES
Revenue
$39,681
GENERAL ACTIVITY FEES
Revenue
$11,440
LUNCH ROOM CONCESSIONS
Revenue
$6,274
CONCESSION & BOOK SALES
Revenue
$3,363
Organization Details
Founding Year
1971
Phone
(504) 835-2545Principal Officer
Milton J Montgomery Jr
Main Address
201 PASADENA AVENUE, METAIRIE, LA, 700014834
Website
www.ridgewoodprep.comNTEE Category
Code: B24Z - Education
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