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Elbie & Wilma Gann Memorial Foundation

Mount Sopris 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: 840864777 ✦ Carbondale, CO ✦ Designated as a 501(c)(3)

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Overview

What is Elbie & Wilma Gann Memorial Foundation?

The Elbie & Wilma Gann Memorial Foundation is a nonprofit organization, specifically supporting the Mount Sopris Montessori School located in Carbondale, Colorado. Their primary focus is on providing top-tier Montessori education for toddlers and preschoolers in the area. The school offers daily instruction, organizes engaging field trips, and provides meals for its 73 full and part-time students. The mission of the foundation and the school aligns in offering exceptional Montessori programs that cater to the growth and development of young learners.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

The Elbie & Wilma Gann Memorial Foundation has received a Two-Star rating, indicating some concerns regarding its overall performance. While the foundation demonstrates a strong commitment to accountability and finance, highlighted by a 96.87% program expense ratio, the overall score of 67% suggests room for improvement in various operational aspects.

One of the organizational strengths includes having a fully independent board, which enhances governance. Additionally, the foundation shows no material diversion of assets, maintaining transparency and trustworthiness. However, the moderate rating reflects potential concerns in financial management or fundraising efficiency that may need to be addressed.

Overall, while the Elbie & Wilma Gann Memorial Foundation showcases responsible financial practices and governance, stakeholders may want to consider the areas where the organization can strengthen its operations. The salary for the Executive Director is $73,191, which is relevant for understanding compensation within the organization.


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

Is Elbie & Wilma Gann Memorial Foundation legitimate?

Elbie & Wilma Gann Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elbie & Wilma Gann Memorial Foundation 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: $73,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $462,535

For more financial information, click here

What is the mission statement of Elbie & Wilma Gann Memorial Foundation?

The Elbie & Wilma Gann Memorial Foundation's mission, as operated through Mount Sopris Montessori School, is focused on providing top-notch Montessori education. This mission is directed towards toddlers and preschoolers in their program, located in an unspecified area. The school offers daily instruction, field trips, and lunches for its 73 full and part-time students. The mission's core objective is to deliver exceptional Montessori programs that cater to the needs of these young learners.

Who is the CEO of Elbie & Wilma Gann Memorial Foundation?

Richard Neiley is the Trustee of Elbie & Wilma Gann Memorial Foundation.

What is the revenue of Elbie & Wilma Gann Memorial Foundation?

Elbie & Wilma Gann Memorial Foundation's revenue in 2023 was $685,894.

Who are the executives of Elbie & Wilma Gann Memorial Foundation and what are their salaries?

The average compensation at Elbie & Wilma Gann Memorial Foundation during 2023 was $24,351. There are 22 employees and 20 volunteers at Elbie & Wilma Gann Memorial Foundation.


Here are 8 key members and their salaries:


Janice Forbes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Logan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Maddocks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Neiley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Weather (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Hogan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rahul Shah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Tippet (Executive Director)
  • Compensation: $73,191
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elbie & Wilma Gann Memorial Foundation?

Elbie & Wilma Gann Memorial Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Elbie & Wilma Gann Memorial Foundation

The Elbie & Wilma Gann Memorial Foundation is committed to providing high-quality Montessori education for toddlers and preschoolers. Operating in the Carbondale, Colorado area, the foundation's primary activity is the management of a Toddler and Preschool Montessori Program. This program offers daily instruction, field trips, and nutritious lunches to its 73 full and part-time students. The mission of the Elbie & Wilma Gann Memorial Foundation, as reflected in the operation of its Montessori program, is to deliver exceptional educational experiences for young learners. The foundation's dedication to this mission ensures that toddlers and preschoolers in the Carbondale area receive a nurturing and enriching educational environment that supports their overall development.

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Impact




July, 2024

Elbie & Wilma Gann Memorial Foundation's impact is significant in providing exceptional Montessori school programs for toddlers and preschoolers in the Carbondale, Colorado area through the Mount Sopris Montessori School. The foundation supports a Toddler and Preschool Montessori Program that serves 73 full and part-time students. This program offers daily instruction, enriching field trips, and nutritious lunches to ensure a holistic learning experience for the young learners. The foundation's dedication to enhancing early childhood education through the Montessori approach positively impacts the development and growth of children in the community, fostering a love for learning and exploration.




This information is meant to be a general summary of Elbie & Wilma Gann Memorial Foundation. 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
$685,894 (2023)
Expenses
$742,284 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $410
  • Program Service Revenue: $582,481
  • Gross Receipts: $692,408

Assets and Liabilities:

  • Total Assets: $825,464
  • Total Liabilities: $15,038
  • Net Assets: $810,426

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Programs

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

TUITION AND FEES

Revenue

$582,481

Organization Details

Founding Year

1981

Principal Officer

Richard Neiley

Main Address

879 EUCLID AVE, CARBONDALE, CO, 81623

NTEE Category

Code: B21Z - Education

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