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Fountainhead Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942246599 ✦ Dublin, CA ✦ Designated as a 501(c)(3)

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Overview

What is Fountainhead Inc?

Fountainhead Inc is a nonprofit organization situated in Dublin, California, specifically at 6690 Amador Plaza Road. Their primary mission is to offer high-quality pre-school and elementary education, employing the Montessori teaching method. This approach not only promotes academic growth but also fosters a secure and nurturing environment for childcare. The organization, with a team of 117 dedicated individuals, ensures that children receive an enriching educational experience while feeling safe and protected.


Official website here: www.fms.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Fountainhead Inc has received a Three-Star rating from Charity Navigator, reflecting a decent level of accountability and financial management. The charity's overall score is driven by its strong performance in various aspects of accountability, including a 100% independent board and no material diversion of assets. Additionally, the organization maintains a high program expense ratio, indicating that the majority of its expenditures are directed towards its programs rather than administrative costs.

However, there are some limitations noted in the evaluation. While the charity has robust policies in place, it lacks a whistleblower policy, which could be a critical component of organizational transparency and accountability. This absence may raise questions about the charity’s commitment to protecting individuals who report misconduct within the organization.

Overall, Fountainhead Inc demonstrates a solid commitment to responsible financial practices and governance, but the missing whistleblower policy suggests an area for improvement to enhance its transparency and ethical standards.


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

Is Fountainhead Inc legitimate?

Fountainhead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fountainhead 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: $208,449
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,710,098

For more financial information, click here


Official website here: www.fms.org

What is the mission statement of Fountainhead Inc?

Fountainhead Inc's mission is centered around operating pre-schools following the Montessori method and providing secure after-school care. The primary objective is to offer high-quality early education, employing the Montessori approach. This method fosters a child's independence, self-discipline, and love for learning. Additionally, the company ensures a safe and secure environment for the children's care beyond school hours. The mission of Fountainhead Inc is to provide nurturing and stimulating learning experiences for young children, empowering them with essential skills for their future development.


Official website here: www.fms.org

Who is the CEO of Fountainhead Inc?

John Lindl is the President of Fountainhead Inc.


Official website here: www.fms.org

What is the revenue of Fountainhead Inc?

Fountainhead Inc's revenue in 2022 was $2,127,012.


Official website here: www.fms.org

Who are the executives of Fountainhead Inc and what are their salaries?

The average compensation at Fountainhead Inc during 2022 was $33,492. There are 117 employees at Fountainhead Inc.


Here are 4 key members and their salaries:


Sarah Zimmerman (President)
  • Compensation: $53,637
  • Related: $0
  • Other: $0
John Lindl (Treasurer)
  • Compensation: $25,118
  • Related: $0
  • Other: $0
George Zimmerman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shandy Cole (Executive Director)
  • Compensation: $129,694
  • Related: $0
  • Other: $0


Official website here: www.fms.org

Where can I find the form 990 for Fountainhead Inc?

Fountainhead Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fms.org

Learn more at the official website: www.fms.org

Mission Statement of Fountainhead Inc

Fountainhead Inc, a nonprofit organization, is committed to providing pre-school and elementary education utilizing the Montessori Method. This approach fosters a nurturing environment where children can learn and grow in safety and security. The organization's mission is to offer a comprehensive educational experience beyond the classroom, ensuring that children receive not only academic instruction but also a secure space for child care. By combining these elements, Fountainhead Inc strives to contribute positively to the overall development of young learners.

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Impact




July, 2024

Fountainhead Inc's impact lies in its ability to provide high-quality education through the Montessori method in a safe and secure environment for young children in Dublin, California. By operating pre-schools and offering after pre-school care, Fountainhead Inc not only supports early childhood development but also creates a nurturing space for children to learn and grow. With a clear focus on education and childcare, Fountainhead Inc is making a positive difference in the lives of children and families in the community.




This information is meant to be a general summary of Fountainhead 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.

Revenue
$2,127,012 (2022)
Expenses
$7,851,932 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$5,574,229
  • Program Service Revenue: $7,536,797
  • Gross Receipts: $8,329,037

Assets and Liabilities:

  • Total Assets: $4,895,908
  • Total Liabilities: $4,153,744
  • Net Assets: $742,164

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition & Fees

Revenue

$7,767,309

Less Refunds and discounts

Revenue

-$230,512

Organization Details

Founding Year

1974

Principal Officer

John Lindl

Main Address

6690 Amador Plaza Road, Dublin, CA, 94568

NTEE Category

Code: B21Z - Education

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