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Mundelein Montessori School 11 Inc

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

EIN: 821871169 ✦ Mundelein, IL ✦ Designated as a 501(c)(3)

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Overview

What is Mundelein Montessori School 11 Inc?

Mundelein Montessori School 11 Inc is a nonprofit organization committed to delivering high-quality daycare and early education services. Located within its offerings, the institution provides nursery school, early school admissions, and kindergarten programs. Their mission revolves around the well-being of young children, ensuring they receive the best possible care. By doing so, Mundelein Montessori School 11 Inc contributes to their students' formative years, setting a strong foundation for their future development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%, One-Star out of Four Stars

Mundelein Montessori School 11 Inc received a low rating of 50%, indicating significant concerns in accountability and financial practices. The organization lacks independent board members and has not established necessary policies that enhance transparency and governance, such as conflict of interest and whistleblower policies. Additionally, the absence of a website listed on the tax form and missing board meeting minutes further contribute to its rating.

Despite these shortcomings, the nonprofit demonstrates a strong commitment to its programming, with a program expense ratio of 99.40%. This suggests that a vast majority of its funds are allocated towards fulfilling its mission rather than administrative costs. The absence of material diversion of assets indicates that the organization is managing its resources appropriately in this respect.

Overall, while Mundelein Montessori School 11 Inc shows dedication to its core programs, the lack of governance structures and transparency mechanisms raises concerns for potential donors and supporters. Addressing these issues could significantly improve its rating and public trust.


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

Is Mundelein Montessori School 11 Inc legitimate?

Mundelein Montessori School 11 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mundelein Montessori School 11 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,748

For more financial information, click here

What is the mission statement of Mundelein Montessori School 11 Inc?

Mundelein Montessori School 11 Inc's mission revolves around offering high-quality daycare and preschool services through their nursery school, early school admissions, and kindergarten programs. The school's primary focus is on providing care for young children, aiming to foster a nurturing environment for their development. While specific details about the educational approach or additional services are not provided, it can be inferred that the school places a strong emphasis on the well-being and growth of its young students.

Who is the CEO of Mundelein Montessori School 11 Inc?

Carol Hofbauer is the President of Mundelein Montessori School 11 Inc.

What is the revenue of Mundelein Montessori School 11 Inc?

Mundelein Montessori School 11 Inc's revenue in 2022 was $456,392.

Who are the executives of Mundelein Montessori School 11 Inc and what are their salaries?

The average compensation at Mundelein Montessori School 11 Inc during 2022 was $33,175. There are 10 employees at Mundelein Montessori School 11 Inc.


Here are 2 key members and their salaries:


Carol Hofbauer (President)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Kurt Hofbauer (Secretary)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mundelein Montessori School 11 Inc?

Mundelein Montessori School 11 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mundelein Montessori School 11 Inc

Mundelein Montessori School 11 Inc is dedicated to providing high-quality care for young children. This nonprofit organization achieves this mission through its diverse offerings, including a nursery school, early school admissions, and a kindergarten program. The primary focus of Mundelein Montessori School 11 Inc is to ensure the well-being and development of the children under its care, offering them a nurturing and stimulating environment that fosters their growth and learning. By focusing on these essential aspects of childcare, the organization aims to set a solid foundation for the children's future educational and personal success.

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Impact




July, 2024

Mundelein Montessori School 11 Inc's impact is centered around providing quality care and education for young children through its daycare and preschool programs. By offering nursery school, early school admissions, and kindergarten programs, the school plays a vital role in nurturing the growth and development of children in the Mundelein area. Through its mission to provide quality care, Mundelein Montessori School 11 Inc positively impacts the lives of young learners and their families, setting a solid foundation for their future education and success.




This information is meant to be a general summary of Mundelein Montessori School 11 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
$456,392 (2022)
Expenses
$523,801 (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: $456,392
  • Gross Receipts: $456,392

Assets and Liabilities:

  • Total Assets: $16,593
  • Total Liabilities: $0
  • Net Assets: $16,593

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Programs

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

TUITION REVENUE

Revenue

$456,392

Organization Details

Founding Year

2017

Principal Officer

Carol Hofbauer

Main Address

1401 S LAKE STREET, MUNDELEIN, IL, 60060

NTEE Category

Code: B21 - Education

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