Garfield Montessori School

Charity Navigator Rating: 77%, Three-Star out of Four Star Rating

Garfield Montessori School has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is based entirely on this category, demonstrating a commitment to transparent financial practices. The organization benefits from an entirely independent board of directors, which is an important factor in maintaining governance integrity.

The school has a high program expense ratio of 78.48%, indicating that a significant portion of its expenses is dedicated to its educational programs. Additionally, it maintains a low liabilities to assets ratio of 8.09%, suggesting strong financial health. The presence of key policies, such as a conflict of interest policy and documentation practices, further underlines its commitment to accountability.

However, the organization does have room for improvement, particularly in the area of governance policies, as it lacks a whistleblower policy. This absence could be seen as a limitation in terms of organizational transparency and ethical standards. Overall, while Garfield Montessori School demonstrates strong financial accountability, addressing governance gaps could enhance its standing further.

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

Garfield Montessori School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garfield 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: $72,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $309,460

For more financial information, click here

Official website here: www.garfieldmontessori.org