Overview
What is The Renaissance Preschool Inc?
The Renaissance Preschool Inc., located within Renaissance Montessori Academy, is a private, nonprofit organization that excels in early childhood and elementary education. They offer scholarships and emphasize the Montessori philosophy, ensuring a nurturing learning environment. The on-site daycare center, known as Renaissance Child Development Center, also follows the Montessori teaching method, which encourages self-paced learning and the development of natural learning skills. The meticulously prepared and sequenced materials in the Montessori classrooms cater to individual needs, fostering a child's inherent desire to learn by choice. The institution aims to maximize each child's learning potential for future academic endeavors.
Official website here: www.rmaschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star Rating
The Renaissance Preschool Inc has received a 66% rating from Charity Navigator, marking it with a Two-Star designation. This rating primarily reflects the organization's performance in Accountability & Finance, where it scored 66%. The overall score is heavily influenced by various financial metrics, including a high program expense ratio of 94.57%, indicating that a significant portion of its expenses directly supports its programs.
Strengths of the organization include a fully independent board, with all members meeting independence criteria, and robust governance practices, such as conflict of interest and whistleblower policies. Additionally, the organization has demonstrated proper documentation practices, as evidenced by its compliance in maintaining board meeting minutes and a comprehensive document retention policy.
However, the organization struggles with financial transparency as indicated by its low score in financial statements. The liabilities to assets ratio is particularly concerning at 92.59%, signaling potential financial risk that could impact its operational sustainability. Overall, while The Renaissance Preschool Inc shows strong governance and program focus, its financial reporting shortcomings warrant careful consideration by potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Renaissance Preschool Inc legitimate?
The Renaissance Preschool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Renaissance Preschool 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $742,458
For more financial information, click here
Official website here: www.rmaschool.org
What is the mission statement of The Renaissance Preschool Inc?
The Renaissance Preschool Inc operates as a nonprofit early childhood and elementary school, offering scholarships. Emphasizing the Montessori philosophy, the preschool provides a learning environment that encourages children to explore at their own pace, fostering their natural curiosity. The Montessori method presents information and materials in a sequential order, catering to each child's individual needs and development. The carefully prepared classroom materials inspire children to perfect their learning abilities, ensuring they are well-equipped for future learning situations. The preschool's mission is to cultivate a love for learning in children, allowing them to develop their abilities independently while providing them with the necessary tools for successful academic pursuits.
Official website here: www.rmaschool.org
What is the revenue of The Renaissance Preschool Inc?
The Renaissance Preschool Inc's revenue in 2023 was $1,142,666.
Official website here: www.rmaschool.org
Who are the executives of The Renaissance Preschool Inc and what are their salaries?
The average compensation at The Renaissance Preschool Inc during 2023 was $41,248. There are 18 employees at The Renaissance Preschool Inc.
Here are 7 key members and their salaries:
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Official website here: www.rmaschool.org
Where can I find the form 990 for The Renaissance Preschool Inc?
The Renaissance Preschool Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rmaschool.org
Learn more at the official website: www.rmaschool.org
Mission Statement of The Renaissance Preschool Inc
The Renaissance Preschool Inc, as a private, early childhood and elementary nonprofit school, operates with a mission to provide a nurturing learning environment based on the Montessori philosophy. This approach emphasizes allowing each child to learn by their own choice instead of being forced, while also helping them perfect their natural learning tools to maximize their abilities for future learning situations. The school's Montessori classroom is meticulously prepared with sequentially ordered materials, tailored to meet individual children's needs and development stages, ensuring an exciting and engaging learning experience. The Renaissance Preschool Inc offers scholarships, making quality early education accessible to a wider range of families.
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Impact
July, 2024
The Renaissance Preschool Inc's impact can be seen through its dedication to providing a nurturing and educational environment for young children. By emphasizing the Montessori philosophy in its curriculum, the preschool helps cultivate a child's natural desire to learn and develop their abilities to the fullest. Through tailored presentations of information and materials, children are given the freedom to explore and learn at their own pace, fostering a love for education from an early age. The scholarships offered by the preschool also ensure that children from various backgrounds have access to high-quality early childhood education. The Renaissance Preschool Inc's commitment to providing a stimulating and inclusive learning environment sets a strong foundation for the future educational success of its students.
This information is meant to be a general summary of The Renaissance Preschool 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,688
- Program Service Revenue: $1,063,949
- Gross Receipts: $1,142,666
Assets and Liabilities:
- Total Assets: $1,619,216
- Total Liabilities: $1,312,631
- Net Assets: $306,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL SERVICES REVENUE
Revenue
$936,070
OTHER REVENUE
Revenue
$127,879
Organization Details
Founding Year
1995
Principal Officer
Mollie Caddell
Website
www.rmaschool.orgNTEE Category
Code: B21P - Education
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