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Lakewood Montessori School

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

EIN: 752806289 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lakewood Montessori School?

Lakewood Montessori School is a nonprofit institution dedicated to the education of children, serving students from the age of 3 to 12. Its primary mission is to provide an educational experience, and during the 2020-2021 fiscal year, the school successfully catered to 38 students. The school's activities revolve around its educational mission, ensuring a nurturing environment for its students to grow and learn.


Official website here: www.lmschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Lakewood Montessori School has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 81% overall, with the score derived entirely from its accountability metrics for the most recent fiscal year, FY2023. This score reflects the organization's commitment to transparency and responsible financial management.

Strengths of the organization include a majority independent board, which consists of 55% independent members, and a strong program expense ratio of 93.34%, suggesting that most of their expenditures directly support their educational mission. Additionally, they have robust policies in place regarding conflicts of interest, whistleblower protections, and document retention, all of which contribute to their strong accountability standing.

However, while the financial metrics are favorable, there is no additional rating or insight provided regarding the impact of their educational programs or community engagement. Thus, while the financial health of Lakewood Montessori School appears solid, further qualitative assessments would be necessary to gauge the broader effectiveness of their programs.


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

Is Lakewood Montessori School legitimate?

Lakewood Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood 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: $136,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,926

For more financial information, click here


Official website here: www.lmschool.org

What is the mission statement of Lakewood Montessori School?

Lakewood Montessori School, serving students from age 3 to 12, is committed to an educational mission. During the 2020-2021 fiscal year, the school served 38 students, working diligently towards its educational objectives. The school's mission is centered around providing a quality education that fosters growth and development in its young learners. Its focus on education aims to equip students with the necessary skills and knowledge to navigate their future endeavors effectively.


Official website here: www.lmschool.org

Who is the CEO of Lakewood Montessori School?

Jane Melton is the Secretary of Lakewood Montessori School.


Official website here: www.lmschool.org

What is the revenue of Lakewood Montessori School?

Lakewood Montessori School's revenue in 2022 was $623,180.


Official website here: www.lmschool.org

Who are the executives of Lakewood Montessori School and what are their salaries?

The average compensation at Lakewood Montessori School during 2022 was $49,506. There are 6 employees and 3 volunteers at Lakewood Montessori School.


Here are 7 key members and their salaries:


Denise Pevehouse (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Glendenning (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Melton (Treasurer)
  • Compensation: $41,351
  • Related: $0
  • Other: $0
Paul Amiel (Member Emeri)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Garoutte (Member)
  • Compensation: $94,760
  • Related: $0
  • Other: $0
Michael Carter (Member Emeri)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Fhrenholz (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lmschool.org

Where can I find the form 990 for Lakewood Montessori School?

Lakewood Montessori School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lmschool.org

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

Mission Statement of Lakewood Montessori School

Lakewood Montessori School, an educational institution, is committed to nurturing students between the ages of 3 and 12. Its mission is centered around education, aiming to provide a conducive learning environment for its young learners. During the fiscal year from June 1, 2020, to May 31, 2021, Lakewood Montessori School served 38 students, demonstrating its dedication to fulfilling its educational mission. The school's approach to education emphasizes a holistic development of its students, fostering their cognitive, social, and emotional growth.

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Impact




July, 2024

Lakewood Montessori School's impact on the community is profound, as it successfully educates students from age 3 to age 12 with a strong focus on personalized learning and holistic development. Through its dedicated mission of providing quality education, the school served 38 students during the fiscal year, empowering young minds and instilling a love for learning. With a commitment to individualized instruction and fostering a nurturing environment, Lakewood Montessori School plays a vital role in shaping the future leaders of tomorrow.




This information is meant to be a general summary of Lakewood Montessori School. 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
$623,180 (2022)
Expenses
$490,893 (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: $441,406
  • Gross Receipts: $623,986

Assets and Liabilities:

  • Total Assets: $666,107
  • Total Liabilities: $39,295
  • Net Assets: $626,812

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Programs

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

TUITION

Revenue

$414,679

AFTERSCHOOL CARE

Revenue

$15,467

REGISTRATION FEES

Revenue

$11,260

Organization Details

Founding Year

1999

Principal Officer

Jane Melton

Main Address

6464 E LOVERS LANE, DALLAS, TX, 75214

NTEE Category

Code: B20 - Education

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