Free State Montessori School Inc
Nonprofit profile at a glance
- EIN
- 521193160
- IRS 990 coverage
- 2009–2014
- Forms available
- Form 990 2014
- Location
- Hydes, MD, USA
- Phone
- 4105923324
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $167,922
- Expenses
- $204,448
- Assets
- $167,179
- Liabilities
- $103,623
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CLAIRE SALKOWSKI (PRESIDENT)
Highest reported compensation
- CLAIRE SALKOWSKI (PRESIDENT): $10,970 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Free state montessori school is committed to the educational process, and the discovery of self within the context of community. Free state seeks to teach a more peaceable way by creating a whole school community. In partnership with parents, free state seeks to assist children in the process of becoming the next generation of leaders who are well-educated, self-actualized individuals committed and capable of contributing to the betterment of the world. As co-learners in the process, free state honors the inestimable worth and universal right of every child to discover their own personal excellence in every facet of their lives, among loving and mutually respectful relationships. Free state recognizes the natural tendencies of children and believes that every child is gifted with an innate love of learning, which can be nurtured and sustained for a lifetime through positive, challenging expectations, self-reflection, and purposeful engagement in the world. Free state's mission is to cr
What it reported doing in 2014
Educational programs serving children from pre-school through middle school and before & after school care.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 23
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 23
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.4%; rating input score 28
- Program expense ratio: 23.3%; rating input score 23
- 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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: -21.8%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.62; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 5.4%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: -159.2% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -3.1% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: 6.6% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 28.4% of revenue deployed · 23.3% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $48K in reported program spending
- Leadership: top reported pay $11K · 5 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules
- Filing history: 6 filing years from 2009 to 2014
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 28/100.
- High — Financial Efficiency: Program expense ratio scored 23/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.