Excellent Montessori Inc
Nonprofit profile at a glance
- EIN
- 203435589
- IRS 990 coverage
- 2012–2022
- Forms available
- Form 990 2022
- Location
- Lithonia, GA, USA
- Phone
- 6785260160
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $803,026
- Expenses
- $665,079
- Assets
- $555,324
- Liabilities
- $164,573
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Priscilla Drain (CEO)
Highest reported compensation
- Enchante Sanders (CFO): $79,035 total reported compensation
- Joy Sanders (COO): $44,480 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The specific mission of the organization is to operate an educational institution that provides quality education that will enrich the mind and body while promoting academic excellence for the whole family. The organization seeks to accomplish this goal by developing an excellent faculty and environment for learning; fostering parental understanding, support, and involvement; and applying Montessori principles to all enrolled families. The organization will make quality education accessible to the community at large, regardless of income, race, color, national/ethnic origin, religion, and family structure by providing effective parental training, after-school homework assistance, and tuition scholarships and subsidized tuition programs.
What it reported doing in 2022
Excellent Montessori Inc (EMI) provided an elementary curriculum for children at a reduced fee. EMI also provided parents training courses called "Parenting for Success" free. EMI provided a reduced fee after school program for qualified students.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 88% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 93
- Accountability: 45
- Sustainability: 50
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.2%; rating input score 76
- Program expense ratio: 92%; rating input score 92
- Fundraising efficiency: Limited
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: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 33.3%; rating input score 33; 10th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.2%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 0.83; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 18.6%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: -2% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: 76.2% of revenue deployed · 92% of spending went to programs
- Governance: 1 of 3 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $612K in reported program spending
- Leadership: top reported pay $79K · 3 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 11 filing years from 2012 to 2022
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Accountability: Independent voting board scored 33/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.