Overview
What is Magnolia Montessori?
Magnolia Montessori, established in Louisville, Kentucky, is a dedicated nonprofit organization. Catering to children between the ages of 1 and 6, it offers a nurturing environment that encourages holistic growth. The school values the involvement of families, fostering a sense of unity among parents, teachers, and children. The educational approach at Magnolia Montessori is based on the Montessori method, promoting independence and self-discovery in young learners. With a team of 14 dedicated individuals, Magnolia Montessori strives to empower its students, enabling them to reach their full potential both at home and in the community.
Official website here: www.wildflowerschools.org/magnoliablossom/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
Magnolia Montessori has received a Two-Star rating from Charity Navigator, reflecting a score of 67%. This rating suggests that while the organization demonstrates some strengths, there are notable areas for improvement, particularly in accountability and transparency. The high program expense ratio of 91.78% indicates a strong commitment to programmatic activities, which is a positive aspect of its financial management.
The organization has a majority of independent board members, which contributes to its governance score. However, several essential policies and documentation are missing, including a conflict of interest policy and whistleblower policy, which negatively impact the accountability score. Additionally, the absence of financial statements and meeting minutes further raises concerns about transparency and organizational practices.
Overall, while Magnolia Montessori shows potential through its program expense ratio and independent board structure, the lack of critical policies and documentation limits its overall rating and effectiveness in demonstrating accountability to stakeholders. Addressing these gaps could enhance the organization's credibility and support its mission more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Magnolia Montessori legitimate?
Magnolia Montessori is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Montessori 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: $245,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wildflowerschools.org/magnoliablossom/
What is the mission statement of Magnolia Montessori?
Magnolia Montessori, as a two-room non-profit organization, is dedicated to serving children from twelve months to six years old, employing a Montessori curriculum. Their mission is to create a conducive environment that enables children to thrive, fostering their growth both at home and in the community. The institution aims to empower each family member, including parents, teachers, and children, to reach their full potential through this unique educational approach. Magnolia Montessori's mission is centered around providing a high-quality educational experience that aligns with the Montessori philosophy, ensuring the holistic development of each child.
Official website here: www.wildflowerschools.org/magnoliablossom/
Who is the CEO of Magnolia Montessori?
Whitney Harrell is the Treasurer of Magnolia Montessori.
Official website here: www.wildflowerschools.org/magnoliablossom/
What is the revenue of Magnolia Montessori?
Magnolia Montessori's revenue in 2023 was $504,435.
Official website here: www.wildflowerschools.org/magnoliablossom/
Who are the executives of Magnolia Montessori and what are their salaries?
The average compensation at Magnolia Montessori during 2023 was $17,567. There are 14 employees at Magnolia Montessori.
Here are 5 key members and their salaries:
- Compensation: $41,264
- Related: $0
- Other: $0
- Compensation: $34,349
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wildflowerschools.org/magnoliablossom/
Where can I find the form 990 for Magnolia Montessori?
Magnolia Montessori's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wildflowerschools.org/magnoliablossom/
Learn more at the official website: www.wildflowerschools.org/magnoliablossom/
Mission Statement of Magnolia Montessori
Magnolia Montessori, as a two-room nonprofit institution, is committed to serving children from twelve months to six years old, utilizing a Montessori curriculum. This organization's mission is to create a nurturing environment that encourages the holistic development of each child, allowing them to reach their full potential both at home and within the community. Magnolia Montessori welcomes the entire family, recognizing the crucial role that both parents and teachers play in shaping the young learners' growth. The institution emphasizes the importance of living up to one's full potential, fostering a harmonious coexistence between the children, their families, and the community at large.
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Impact
July, 2024
Magnolia Montessori's impact is evident in the nurturing and educational environment it provides for children between the ages of one to six years old. By offering a Montessori curriculum, the institution aims to support the holistic development of each child, fostering their independence, creativity, and love for learning. Additionally, by welcoming the whole family into its community, Magnolia Montessori encourages collaboration between parents, teachers, and children, creating a supportive and enriching environment for everyone involved. Through its dedication to high-quality education and holistic child development, Magnolia Montessori is making a positive impact on the lives of young children in Louisville, KY.
This information is meant to be a general summary of Magnolia Montessori. 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: $16
- Program Service Revenue: $303,385
- Gross Receipts: $504,435
Assets and Liabilities:
- Total Assets: $271,992
- Total Liabilities: $0
- Net Assets: $271,992
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Tuition and Fees
Revenue
$303,385
Organization Details
Founding Year
2017
Principal Officer
Whitney Harrell
Main Address
950 S 3rd Street, Louisville, KY, 40203
NTEE Category
Code: B24 - Education
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