Overview
What is Montessori Association Of Covina?
Montessori Association of Covina is a nonprofit organization situated in Pomona, California, specifically at 217 E McKinley Avenue, with a ZIP code of 91767. Their primary focus is to provide preschool education to children using the Montessori method of teaching. This approach emphasizes hands-on learning and self-paced progress, allowing children to develop their cognitive, social, and emotional skills at their own pace. The organization receives funding, primarily in the form of tuition fees and supportive services, from the California Department of Education. These grants amounted to $2,679,515 during the fiscal year ending June 30, 2022, contributing to the nonprofit's total revenue. In addition to preschool education, they also offer daycare services when necessary, ensuring comprehensive care for children from low-income families. The organization currently employs 56 individuals, contributing to the local community and fostering educational growth for young children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Montessori Association of Covina has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while they excel in certain areas, there are significant issues that need addressing. Their accountability and finance metrics are strong, achieving a perfect score in this category. Notably, they have an entirely independent board and a commendable program expense ratio, suggesting a commitment to using funds effectively for their programs.
However, several critical components have been flagged as lacking. The organization has failed to provide financial statements or disclose essential policies such as conflict of interest and whistleblower protections. Additionally, their website is not listed on their tax form, and key financial documents are not available online, which raises transparency concerns.
Overall, while the Montessori Association of Covina performs well in program expenditure and governance, the absence of financial transparency and necessary policies limits its rating. Improvements in these areas could enhance their accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Montessori Association Of Covina legitimate?
Montessori Association Of Covina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montessori Association Of Covina 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: $452,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,077,967
For more financial information, click here
What is the mission statement of Montessori Association Of Covina?
The Montessori Association of Covina's mission is centered around providing pre-school education to children, employing the Montessori method of teaching. This teaching approach emphasizes hands-on learning and self-directed activities, fostering a nurturing environment for young learners. The organization receives funding from the California Department of Education, utilizing the funds for tuition fees and supportive services for families with low income. Additionally, in situations where necessary, the association provides day care services. For the fiscal year ending June 30, 2022, grants totaling $2,679,515 were received, contributing to the organization's overall revenue.
Who is the CEO of Montessori Association Of Covina?
Shivantha S Mediwake is the President & Ceo of Montessori Association Of Covina. The CEO's salary of Montessori Association Of Covina is $452,000 and their total compensation is $452,000.
What is the revenue of Montessori Association Of Covina?
Montessori Association Of Covina's revenue in 2022 was $3,178,429.
Who are the executives of Montessori Association Of Covina and what are their salaries?
The average compensation at Montessori Association Of Covina during 2022 was $27,321. There are 56 employees at Montessori Association Of Covina.
Here are 4 key members and their salaries (Montessori Association Of Covina's CEO's salary is $452,000 and their total compensation is $452,000):
- Compensation: $452,000
- Related: $0
- Other: $0
- Compensation: $14,610
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Montessori Association Of Covina?
Montessori Association Of Covina's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Montessori Association Of Covina
The Montessori Association of Covina is dedicated to providing pre-school education to children utilizing the Montessori method of teaching. This non-profit organization aims to foster learning and development in young minds through this unique educational approach. The Montessori Association of Covina receives financial support from the California Department of Education, which is utilized for tuition fees and additional services for families with low income. In addition to pre-school education, the organization offers daycare services when necessary.
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Impact
July, 2024
Montessori Association Of Covina's impact lies in providing preschool education to children using the Montessori method of teaching. By receiving funds from the California Department of Education for tuition fees and other supportive services for families with very low income, the organization ensures that all children have access to quality education. In the year ended June 30, 2022, such grants totaled $2,679,515, showcasing the significant financial support the organization receives to fulfill its mission. Additionally, the association also offers daycare services where necessary, further contributing to the well-being and development of children in the community.
This information is meant to be a general summary of Montessori Association Of Covina. 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: $136
- Program Service Revenue: $2,999,516
- Gross Receipts: $3,178,429
Assets and Liabilities:
- Total Assets: $1,111,352
- Total Liabilities: $231,150
- Net Assets: $880,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NUTRITION GRANT - CDE
Revenue
$89,087
TUITION - CSPP FAMILY FEE
TUITION SUBSIDY - OTHERS
Revenue
$167,850
TUTION AND DAYCARE FEES
Revenue
$152,151
TUTION GRANT - CDE
Revenue
$2,590,428
Organization Details
Founding Year
1982
Phone
(626) 354-0803Principal Officer
Shivantha S Mediwake
Main Address
217 E MCKINLEY AVENUE, POMONA, CA, 91767
NTEE Category
Code: B21 - Education
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