Overview
What is Creative Education Foundation?
Creative Education Foundation is a nonprofit institution situated in Kenmore, Washington. Its primary focus is on providing a Montessori-based educational environment for children, encompassing nursery, preschool, and kindergarten levels. The institution's mission is to foster children's growth and development through this unique educational approach, which emphasizes independence, hands-on learning, and self-discovery.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating
The Creative Education Foundation has received a low rating of 52% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. Notably, the organization has no independent board members, which can raise questions about governance and oversight. Furthermore, several key policies are missing, including those related to conflict of interest and whistleblower protections, which are critical for transparency and accountability.
Despite these governance issues, the foundation demonstrates a strong commitment to its programs, as evidenced by a high program expense ratio of 92.36%. This suggests that a substantial portion of its resources is directed towards its mission-related activities rather than administrative costs. However, the absence of financial statements and other necessary documentation on its website reflects a lack of transparency that could deter potential donors.
Overall, while the Creative Education Foundation's focus on program expenses is commendable, the organization must address its governance shortfalls and improve its financial transparency to build trust with supporters and stakeholders. The lack of independent oversight and missing critical policies are notable limitations that need to be rectified for future sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Creative Education Foundation legitimate?
Creative Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creative Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,580
For more financial information, click here
What is the mission statement of Creative Education Foundation?
The Creative Education Foundation operates as a Montessori school and daycare, serving as a nursery, preschool, or kindergarten. Its mission is centered around providing an educational environment that adheres to the Montessori method. The foundation's primary objective is to facilitate learning and growth for the young students in its care, enabling them to develop holistically. By implementing the Montessori approach, the Creative Education Foundation aims to foster independence, curiosity, and a love for learning in each child, ultimately preparing them for their future academic endeavors.
Who is the CEO of Creative Education Foundation?
Molly Leach is the Board Member of Creative Education Foundation.
What is the revenue of Creative Education Foundation?
Creative Education Foundation's revenue in 2023 was $800,627.
Who are the executives of Creative Education Foundation and what are their salaries?
The average compensation at Creative Education Foundation during 2023 was $37,871. There are 11 employees at Creative Education Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $95,417
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Creative Education Foundation?
Creative Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Creative Education Foundation
The Creative Education Foundation, as a Montessori school and daycare, is committed to providing an educational environment that fosters growth and development in young children. Their mission is centered around this Montessori approach, which encourages self-directed learning and the cultivation of essential life skills. The foundation serves as a nursery, preschool, or kindergarten, offering a nurturing atmosphere where children can explore, discover, and learn at their own pace.
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Impact
July, 2024
Creative Education Foundation's impact is evident in the field of education through its Montessori school and daycare programs. By providing a nurturing and innovative learning environment, the foundation helps children develop essential skills and knowledge through the Montessori approach. Their focus on education aims to inspire curiosity, creativity, and a lifelong love for learning in young minds, shaping the future generations for success.
This information is meant to be a general summary of Creative Education 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,320
- Program Service Revenue: $778,540
- Gross Receipts: $800,627
Assets and Liabilities:
- Total Assets: $1,456,421
- Total Liabilities: $75
- Net Assets: $1,456,346
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION & FEES
Revenue
$778,540
Organization Details
Phone
(425) 488-8844Principal Officer
Molly Leach
Main Address
14944 JUANITA DRIVE NE, KENMORE, WA, 98028
NTEE Category
Code: B21Z - Education
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