Overview
What is Montessori Academy At Spring Valley?
Montessori Academy at Spring Valley is a dedicated educational institution situated in Federal Way, Washington. As a nursery, preschool, or kindergarten, its primary focus lies in implementing the Montessori approach to learning. This method emphasizes self-directed activities, hands-on learning, and collaborative play, fostering a nurturing environment for the overall growth and development of young children. The school's mission is to provide an enriching educational experience that aligns with the Montessori philosophy, aiming to help each child reach their full potential.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
Montessori Academy At Spring Valley has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations and governance. The overall score reflects significant strengths in areas like board independence, with 100% of board members being independent, and maintaining a minimal liabilities to assets ratio of 1.55%. The organization also allocates a high percentage of its expenses towards programs, achieving a program expense ratio of 91.66%.
However, the organization has several notable limitations that impact its overall rating. There is a lack of financial transparency, as no financial statements are available, and essential policy documents such as a conflict of interest policy, whistleblower policy, and document retention policy are missing. Additionally, the nonprofit's website is not listed on its tax form, and there is no posting of the tax form on its website, which raises concerns about accessibility and compliance with best practices for nonprofit transparency.
Overall, while Montessori Academy At Spring Valley demonstrates a commitment to programmatic spending and has a strong board structure, the significant gaps in financial documentation and governance policies suggest that improvements are needed to enhance accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Montessori Academy At Spring Valley legitimate?
Montessori Academy At Spring Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Academy At Spring Valley 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: $170,029
Professional Fundraising Fees: $0
Other Salaries and Wages: $412,940
For more financial information, click here
What is the mission statement of Montessori Academy At Spring Valley?
The Montessori Academy at Spring Valley, as a nursery, preschool, or kindergarten, is committed to fostering its mission as a Montessori School. This mission encompasses providing an educational environment that encourages children's self-directed learning and development, promoting independence, curiosity, and a love for learning. The academy aims to nurture each child's potential, fostering their cognitive, social, emotional, and physical growth in a supportive and stimulating environment. The Montessori method emphasizes hands-on learning experiences, allowing children to explore and discover the world around them at their own pace.
Who is the CEO of Montessori Academy At Spring Valley?
Susan Hancock is the President of Montessori Academy At Spring Valley.
What is the revenue of Montessori Academy At Spring Valley?
Montessori Academy At Spring Valley's revenue in 2022 was $1,128,053.
Who are the executives of Montessori Academy At Spring Valley and what are their salaries?
The average compensation at Montessori Academy At Spring Valley during 2022 was $22,422. There are 26 employees at Montessori Academy At Spring Valley.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $125,029
- Related: $0
- Other: $0
Where can I find the form 990 for Montessori Academy At Spring Valley?
Montessori Academy At Spring Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Montessori Academy At Spring Valley
Montessori Academy at Spring Valley is committed to fostering a nurturing and enriching learning environment for children, serving as a nursery, preschool, or kindergarten institution. The primary mission of this esteemed educational institution is centered around the Montessori School approach, which emphasizes self-directed activities, hands-on learning, and fostering the holistic development of each child. Montessori Academy at Spring Valley strives to provide a stimulating and supportive atmosphere where children can explore, discover, and grow at their own pace. The ultimate goal is to prepare children for a successful transition into elementary school, equipped with essential life skills and a strong foundation for future learning.
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Impact
July, 2024
Montessori Academy At Spring Valley has had a significant impact on the young minds of children in Federal Way, WA. By providing a Montessori education, the academy offers a unique approach that fosters independence, creativity, and a love for learning in its students. Through its mission to provide a nurturing and stimulating environment, Montessori Academy At Spring Valley equips children with essential skills and prepares them for future academic success. The academy's dedication to Montessori principles has transformed the lives of many children, shaping them into curious, confident, and compassionate individuals ready to take on the world.
This information is meant to be a general summary of Montessori Academy At Spring Valley. 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.
- Investment Income: $603
- Program Service Revenue: $699,062
- Gross Receipts: $1,128,053
Assets and Liabilities:
- Total Assets: $469,712
- Total Liabilities: $4,688
- Net Assets: $465,024
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & Related
Revenue
$641,430
Teacher Training
Revenue
$57,632
Organization Details
Founding Year
1991
Phone
(253) 874-6003Principal Officer
Susan Hancock
Main Address
36605 Pacific Hwy South, Federal Way, WA, 98003
NTEE Category
Code: B200 - Education
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