Cathedral Montessori School Inc
Nonprofit profile at a glance
- EIN
- 271303668
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- New Orleans, LA, USA
- Phone
- 5042524871
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,059,938
- Expenses
- $946,096
- Assets
- $2,234,384
- Liabilities
- $121,129
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- BARBARA WOLF (PRESIDENT)
- MARQUES CELESTINE (VICE PRESIDENT)
People named in this filing
- BARBARA WOLF (PRESIDENT)
- MARQUES CELESTINE (VICE PRESIDENT)
- DR CORNELIA KONIDITSIOTIS (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide an enriching and challenging educational environment that enables each child to realize their highest potential while developing a love of learning and respect for themselves, others and the global community.
What it reported doing in 2024
Cathedral montessori school opened in the summer of 2010 to provide the new orleans lakefront neighborhoods with a progressive and challenging montessori pre-school program. Enrolling 38 students in its inagural academic year, the school became accredited in its first months of operation through its uncompromising fidelity to maria montessori's philosophy, curriculum and pedagogical tools. With a faculty of college-educated, montessori-accredited teachers, the school places an emphasis on diversity, through its relationship to the holy trinity greek orthodox cathedral, and its cultivation of a culturally, socio-economically, and ethically diverse classroom. With resource faculty and programs, the school builds upon its montessori foundation to develop a curriculum with a focus on music, art, movement, ecology and environmental science and foreign language. Cathedral montessori school fosters a community of curiosity, respect and engagement in the world around it.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 90
- Accountability: 81
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 87%; rating input score 87
- Fundraising efficiency: $0.51 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 87.5%; rating input score 88; 21st percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 2.36; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 16.5% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 87% of spending went to programs
- Governance: 7 of 8 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $823K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 2/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.