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Diamond Institute

Montessori Family School

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

EIN: 942698679 ✦ El cerrito, CA ✦ Designated as a 501(c)(3)

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Overview

What is Diamond Institute?

The Diamond Institute, operating under the name Montessori Family School, is a nonprofit organization situated in El Cerrito, California. With two campuses, one in Berkeley and the other in El Cerrito, the institution serves a diverse student body. The Berkeley campus primarily caters to around 30 pre-school students, while the El Cerrito campus accommodates approximately 70 elementary and middle school students. Additionally, the school generates revenue from various after-school and summer programs. The organization's mission is to offer a licensed and comprehensive Montessori education program, aiming to provide East Bay families with high-quality educational opportunities. The institute is home to a dedicated team of 37 employees, contributing to its mission of nurturing young minds.


Official website here: www.montessorifamily.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 79% - Three-Star out of Four Star Rating

The Diamond Institute has received a Three-Star rating from Charity Navigator, reflecting a solid score of 79%. This rating is primarily based on the organization’s accountability and finance measures, indicating a strong commitment to transparency and responsible financial management. The high percentage of independent board members and the absence of material diversions of assets contribute positively to its governance structure.

Significant strengths include a robust program expense ratio of 86.61%, which shows that the majority of its resources are directed towards fulfilling its mission rather than administrative costs. Additionally, the institute has established comprehensive policies related to conflict of interest and whistleblower protections, further enhancing its accountability framework. The presence of documented board meeting minutes indicates a commitment to operational transparency.

However, while the organization demonstrates strong financial health and governance practices, the single beacon score limits a comprehensive assessment of its overall impact and effectiveness. Potential donors and stakeholders may wish to seek additional context regarding the organization’s programs and outcomes to better understand its contributions to the community it serves.


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

What do the Facebook reviews say about Diamond Institute?

100% of 10 reviewers on Facebook recommend Diamond Institute. Here is a summary of their reviews:

Parents express strong confidence in the Montessori approach utilized at this institution, highlighting its effectiveness in preparing children for the challenges of high school. The focus on authentic Montessori principles resonates well with families, translating into a positive overall experience for both the students and their parents.

The overwhelming recommendation reflects a shared satisfaction with the curriculum and educational environment provided, indicating that the Diamond Institute successfully delivers on its promise to foster a nurturing and enriching learning space for children.


This AI summary has been generated from reviews found on Facebook.

Is Diamond Institute legitimate?

Diamond Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diamond Institute 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: $141,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,229,633

For more financial information, click here


Official website here: www.montessorifamily.com

What is the mission statement of Diamond Institute?

The Diamond Institute is committed to providing a licensed and extensive Montessori education program to families in the East Bay area. Their mission is centered around this objective, aiming to offer a comprehensive educational experience that caters to the needs of pre-school and elementary to middle school students. The institution owns two campuses, one in Berkeley and another in El Cerrito, California, serving approximately 30 pre-school students at the Berkeley campus and around 70 elementary and middle school students at the El Cerrito campus. Revenue is also generated from certain after-school and summer programs offered by the institute.


Official website here: www.montessorifamily.com

Who is the CEO of Diamond Institute?

Alissa Stolz is the Head Of School of Diamond Institute.


Official website here: www.montessorifamily.com

What is the revenue of Diamond Institute?

Diamond Institute's revenue in 2022 was $2,707,091.


Official website here: www.montessorifamily.com

Who are the executives of Diamond Institute and what are their salaries?

The average compensation at Diamond Institute during 2022 was $37,063. There are 37 employees and 50 volunteers at Diamond Institute.


Here are 9 key members and their salaries:


Alissa Stolz (Head Of School)
  • Compensation: $135,226
  • Related: $0
  • Other: $0
Anne Marie Richard (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Redwine (Vice Chair & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabriel Marshank (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Stone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Mcphetridge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Solseng (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Aldaco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Chilcott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montessorifamily.com

Where can I find the form 990 for Diamond Institute?

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


Official website here: www.montessorifamily.com

Learn more at the official website: www.montessorifamily.com

Mission Statement of Diamond Institute

Diamond Institute, a nonprofit organization, is dedicated to providing a thorough and licensed Montessori education program to families residing in the East Bay area. Their primary mission is to facilitate this comprehensive educational experience, catering to both preschool and elementary school-aged children. The institution operates two campuses, one in Berkeley and the other in El Cerrito, California, with varying enrollments. The Berkeley campus accommodates roughly 30 pre-school students, while the El Cerrito campus serves approximately 70 elementary and middle school students. Additionally, Diamond Institute derives revenue from after-school and summer programs, expanding their educational offerings to the East Bay community.

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Impact




July, 2024

Diamond Institute's impact is significant in providing a licensed and comprehensive Montessori education program to East Bay families. With two campuses in Berkeley and El Cerrito, California, the institute serves approximately 100 students across the pre-school, elementary, and middle school levels. By offering after-school and summer programs, Diamond Institute ensures that children receive a well-rounded education that caters to their individual needs and fosters a love for learning. Through its dedication to providing quality Montessori education, Diamond Institute contributes positively to the educational development of students in the East Bay area.




This information is meant to be a general summary of Diamond Institute. 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
$2,707,091 (2022)
Expenses
$2,637,109 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,359
  • Program Service Revenue: $2,364,383
  • Gross Receipts: $2,707,091

Assets and Liabilities:

  • Total Assets: $7,450,396
  • Total Liabilities: $3,680,719
  • Net Assets: $3,769,677

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Programs

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

Tuition and fees

Revenue

$2,364,383

Organization Details

Founding Year

1981

Principal Officer

Alissa Stolz

Main Address

7075 Cutting Boulevard, El Cerrito, CA, 94530

NTEE Category

Code: B21Z - Education

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