Overview
What is Montessori Scholarship Organizationinc?
Montessori Scholarship Organization, Inc. (MSO) is a nonprofit organization based in Phoenix, Arizona, located at ALLIS 1300 E MISSOURI AVE STE 110. Their primary mission is to accept tax credit donations from individuals and corporations, with the donated funds being allocated to private schools in Arizona for scholarship purposes. The organization adheres to specific criteria, requiring the child to be school-aged and an Arizona resident. In the previous year, MSO collected and distributed $284,430 in scholarship money to benefit 114 children at eight different private schools. The organization's small team, consisting of only 2 employees, plays a significant role in supporting educational opportunities for children in Arizona.
Official website here: www.msoonline.com
Is Montessori Scholarship Organizationinc legitimate?
Montessori Scholarship Organizationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Scholarship Organizationinc 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: $31,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.msoonline.com
What is the mission statement of Montessori Scholarship Organizationinc?
The Montessori Scholarship Organization, inc. (MSO) serves as a platform for individuals and corporations to contribute tax credit donations, which are then utilized to grant scholarships to school-aged children in Arizona. The organization's primary mission is to facilitate these educational opportunities, ensuring that deserving children can attend private schools. By accepting donations within a specific range and adhering to eligibility criteria, such as the child's school age and Arizona residency, MSO has successfully distributed scholarship funds, totalling $405,252, to 114 children at eight different private schools in Arizona.
Official website here: www.msoonline.com
Who is the CEO of Montessori Scholarship Organizationinc?
Unavailable
Official website here: www.msoonline.com
What is the revenue of Montessori Scholarship Organizationinc?
Montessori Scholarship Organizationinc's revenue in 2022 was $284,429.
Official website here: www.msoonline.com
Who are the executives of Montessori Scholarship Organizationinc and what are their salaries?
The average compensation at Montessori Scholarship Organizationinc during 2022 was $15,693. There are 2 employees at Montessori Scholarship Organizationinc.
Here are 2 key members and their salaries:
- Compensation: $11,045
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.msoonline.com
Where can I find the form 990 for Montessori Scholarship Organizationinc?
Montessori Scholarship Organizationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msoonline.com
Learn more at the official website: www.msoonline.com
Mission Statement of Montessori Scholarship Organizationinc
Montessori Scholarship Organization, Inc. (MSO) is a nonprofit organization that serves a crucial role in providing educational opportunities for school-aged children in Arizona. The organization accepts tax-credit donations from both individuals and corporations, which are then utilized to award scholarships to eligible students. The donation amounts can vary, with individuals contributing anywhere from $1 to $2,435, and corporations contributing beyond $5,000, subject to the available tax credits determined by the state of Arizona.
The primary mission of Montessori Scholarship Organization, Inc. is to facilitate the distribution of these scholarships to children who meet the organization's eligibility criteria. These criteria include being of school age and being an Arizona resident. The schools in Arizona are informed about the total amount of scholarship money available to them, and they must complete a "Request for Scholarships" form to determine the scholarship eligibility of their students. In the 2022 fiscal year, MSO collected $284,430 in scholarship funds and awarded scholarships totaling $405,252 to 114 children at eight private schools in Arizona. This generous support enables these children to pursue their education in private schools, thereby expanding their learning opportunities and potentially shaping their future.
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Impact
October, 2024
Montessori Scholarship Organization, Inc. (MSO) significantly enhances educational opportunities for school-age children in Arizona by facilitating scholarship funding that enables access to quality education. By accepting tax credit donations from individuals and corporations, MSO has managed to collect $284,430, which has been directed towards awarding $405,252 in scholarships to 114 children across eight private schools.
This financial support not only alleviates the burden of tuition costs for families but also empowers parents to choose educational environments that align with their children's needs and aspirations. The ability for donors to designate specific schools ensures that contributions have a direct impact, fostering a sense of community and shared investment in local education.
Moreover, MSO's structured approach, requiring schools to complete a "Request for Scholarships" form, maintains transparency and accountability in the distribution of funds. By prioritizing Arizona residents and school-age eligibility, MSO targets its efforts effectively, ultimately enriching the educational landscape and promoting educational equity within the community.
This information is meant to be a general summary of Montessori Scholarship Organizationinc. 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 2022.
- Program Service Revenue: $284,429
- Gross Receipts: $284,429
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$284,429
Organization Details
Founding Year
2000
Phone
(623) 202-8766Main Address
ALLIS 1300 E MISSOURI AVE STE 110, PHOENIX, AZ, 85014
Website
www.msoonline.comNTEE Category
Code: B82 - Education
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