Overview
What is Grand Lake Montessori Inc?
Grand Lake Montessori Inc is a nonprofit educational institution situated at 466 Chetwood Street, Oakland, California 94610. With a student population of approximately 180 children ranging from 18 months to 12 years old, the organization employs around 40 staff members dedicated to their mission. Grand Lake Montessori Inc adheres to the Montessori curriculum, allowing children to learn at their own pace while ensuring a strong academic foundation. The teachers are trained to utilize the materials developed by Maria Montessori, thereby fostering an educational environment grounded in Montessori principles and innovative teaching practices.
Official website here: www.grandlakemontessori.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Grand Lake Montessori Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 81% based on its accountability and finance practices. This rating indicates a strong commitment to transparency and sound financial management, which is crucial for donor trust and organizational sustainability.
The organization demonstrates a high standard of governance, with 100% of its board members being independent, and it successfully maintains a low liabilities-to-assets ratio of 30.61%. Additionally, it has established comprehensive policies regarding conflict of interest, whistleblowing, and document retention, which highlights its dedication to ethical practices. The program expense ratio of 78.39% also indicates that a significant portion of its funds is directed toward its programs.
However, while the overall financial health appears strong, the rating is solely based on accountability and finance, without assessing other factors such as program impact or community feedback. This means potential donors may want to look beyond the financial metrics to understand the full scope of the organization's effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Lake Montessori Inc legitimate?
Grand Lake Montessori Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Lake Montessori 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: $318,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,419,151
For more financial information, click here
Official website here: www.grandlakemontessori.com
What is the mission statement of Grand Lake Montessori Inc?
Grand Lake Montessori Inc's mission is centered around educating children between the ages of 18 months and 12 years. They achieve this objective by employing Montessori principles and innovative teaching methods. The Montessori curriculum allows for a more organic pace of learning, while simultaneously establishing a strong foundational education. The staff at Grand Lake Montessori Inc are specifically trained to utilize the Montessori materials developed by Maria Montessori, ensuring a consistent and effective educational approach. The school currently caters to around 180 students and has a staff of approximately 40 individuals, all committed to this unique educational philosophy.
Official website here: www.grandlakemontessori.com
Who is the CEO of Grand Lake Montessori Inc?
Michael Sears is the Board Member of Grand Lake Montessori Inc.
Official website here: www.grandlakemontessori.com
What is the revenue of Grand Lake Montessori Inc?
Grand Lake Montessori Inc's revenue in 2023 was $2,774,166.
Official website here: www.grandlakemontessori.com
Who are the executives of Grand Lake Montessori Inc and what are their salaries?
The average compensation at Grand Lake Montessori Inc during 2023 was $52,641. There are 33 employees and 3 volunteers at Grand Lake Montessori Inc.
Here are 8 key members and their salaries:
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- Compensation: $262,144
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- Compensation: $62,096
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Official website here: www.grandlakemontessori.com
Where can I find the form 990 for Grand Lake Montessori Inc?
Grand Lake Montessori Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.grandlakemontessori.com
Learn more at the official website: www.grandlakemontessori.com
Mission Statement of Grand Lake Montessori Inc
Grand Lake Montessori Inc, a renowned educational institution, is committed to nurturing children between the ages of 18 months and 12 years, employing the principles of Montessori education and innovative teaching practices. Their mission is to enable these young learners to progress at their own natural pace, while simultaneously building a strong academic foundation. The educational approach at Grand Lake Montessori Inc is unique, with trained teachers utilizing the Montessori materials developed by Maria Montessori in the early 1900s. With a student body of approximately 180 children and a staff of 40 dedicated educators, the institution provides a conducive learning environment that fosters personal growth and academic excellence.
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Impact
July, 2024
Grand Lake Montessori Inc's impact lies in its commitment to educating children aged 18 months to 12 years using Montessori principles and innovative teaching practices. Through their Montessori curriculum, children are able to progress at a natural pace while receiving a solid academic foundation. With around 180 students and 40 staff members, this organization in Oakland, CA is dedicated to providing a nurturing educational environment that fosters growth and development in young minds.
This information is meant to be a general summary of Grand Lake Montessori 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: $13,609
- Program Service Revenue: $2,708,844
- Gross Receipts: $2,781,614
Assets and Liabilities:
- Total Assets: $3,166,954
- Total Liabilities: $969,420
- Net Assets: $2,197,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$2,688,923
Other program revenue
Revenue
$19,921
Organization Details
Founding Year
1978
Phone
(510) 622-0259Principal Officer
Michael Sears
Main Address
466 Chetwood Street, Oakland, CA, 94610
Website
www.grandlakemontessori.comNTEE Category
Code: B20Z - Education
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