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Montessorinew Beginnings Academy Inc

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

EIN: 752126636 ✦ Plano, TX ✦ Designated as a 501(c)(3)

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Overview

What is Montessorinew Beginnings Academy Inc?

Montessorinew Beginnings Academy Inc, located in Plano, Texas, is a nonprofit organization that offers a dynamic educational environment for students from toddlers to the 8th grade. Their mission is to empower students by utilizing diverse knowledge and experiences, encouraging them to reach their full potential and contribute positively to the world. The academy employs around 60 individuals, dedicated to fostering an environment that nurtures growth and development in each student.


Official website here: www.archgatemontessori.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62%, earning it a Two-Star out of Four Star rating.

Montessori New Beginnings Academy Inc has received a 62% rating from Charity Navigator, indicating some strengths but also notable weaknesses in its accountability and financial practices. The organization has a fully independent board, which is a positive aspect, as well as a high program expense ratio, highlighting a strong commitment to its mission and programs. However, the absence of financial statements and a whistleblower policy is concerning, impacting overall transparency and governance.

While the organization maintains solid policies for document retention and conflict of interest, the lack of available financial statements and tax forms on its website suggests a need for improvement in transparency. Additionally, the high liabilities to assets ratio raises questions about financial stability. Overall, while Montessori New Beginnings Academy Inc demonstrates commitment to its educational mission, there are significant areas for improvement in financial reporting and accountability practices.


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

Is Montessorinew Beginnings Academy Inc legitimate?

Montessorinew Beginnings Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessorinew Beginnings Academy 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: $156,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,577,979

For more financial information, click here


Official website here: www.archgatemontessori.org

What is the mission statement of Montessorinew Beginnings Academy Inc?

Montessorinew Beginnings Academy Inc, as a dynamic educational institution, aims to foster an environment that empowers students from toddlers to eighth grade. By utilizing diverse knowledge and experiences, the academy encourages students to reach their full potential. The mission of Montessorinew Beginnings Academy Inc is to inspire its students to make a positive impact in the world, nurturing them to become well-rounded individuals. The academy provides an educational setting that encourages growth and development, enabling students to utilize their skills and knowledge for the betterment of society.


Official website here: www.archgatemontessori.org

Who is the CEO of Montessorinew Beginnings Academy Inc?

Manmohan Chima is the School Direc of Montessorinew Beginnings Academy Inc.


Official website here: www.archgatemontessori.org

What is the revenue of Montessorinew Beginnings Academy Inc?

Montessorinew Beginnings Academy Inc's revenue in 2022 was $5,135,334.


Official website here: www.archgatemontessori.org

Who are the executives of Montessorinew Beginnings Academy Inc and what are their salaries?

The average compensation at Montessorinew Beginnings Academy Inc during 2022 was $28,905. There are 60 employees at Montessorinew Beginnings Academy Inc.


Here are 8 key members and their salaries:


Rebecca Bernard (School Direc)
  • Compensation: $156,341
  • Related: $0
  • Other: $0
Jim Bullock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manmohan Chima (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Desai (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malini Issa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Mattingly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adriana Rivera-Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Tuttle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.archgatemontessori.org

Where can I find the form 990 for Montessorinew Beginnings Academy Inc?

Montessorinew Beginnings Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.archgatemontessori.org

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

Mission Statement of Montessorinew Beginnings Academy Inc

Montessorinew Beginnings Academy Inc is dedicated to fostering a vibrant educational environment for students ranging from toddlers to eighth grade. Their mission is to encourage and empower these students to utilize a diverse range of knowledge and experiences, ultimately enabling them to reach their full potential and contribute positively to the world. By providing an engaging learning atmosphere, the academy aims to nurture well-rounded individuals who are equipped to make a difference in their communities and beyond.

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Impact




July, 2024

Montessorinew Beginnings Academy Inc is making a significant impact by providing a dynamic educational environment for toddlers through 8th grade. They empower students to use diverse knowledge and experiences to reach their full potential and make a positive difference in the world. This approach not only nurtures the intellectual growth of students but also instills values of empathy, creativity, and responsibility. Through their commitment to holistic education, Montessorinew Beginnings Academy Inc is shaping future generations to be well-rounded individuals capable of contributing meaningfully to society.




This information is meant to be a general summary of Montessorinew Beginnings Academy 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
$5,135,334 (2022)
Expenses
$3,959,286 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,403
  • Program Service Revenue: $3,417,917
  • Gross Receipts: $5,135,334

Assets and Liabilities:

  • Total Assets: $12,477,882
  • Total Liabilities: $9,921,946
  • Net Assets: $2,555,936

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Programs

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

TUITION, FEES & SUPPLIES

Revenue

$3,417,917

Organization Details

Founding Year

1986

Principal Officer

Manmohan Chima

Main Address

4660 LEGACY DRIVE, PLANO, TX, 75024

NTEE Category

Code: B21Z - Education

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