Greene Towne School Inc
Nonprofit profile at a glance
- EIN
- 231654570
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2155636368
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $6,517,293
- Expenses
- $6,694,438
- Assets
- $18,667,475
- Liabilities
- $14,604,340
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- KERNIKA GUPTA (PRESIDENT)
- ALEX FELDMAN (VICE PRESIDENT)
Highest reported compensation
- SARAH SWEENY-DENHAM (HEAD OF SCHOOL): $197,801 total reported compensation
- AMANDA REATH (DIRECTOR OF DEVELOPMENT): $137,053 total reported compensation
- JULIE KAELI (CO-DIRECTOR OF ENROLLMENT): $108,968 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Greene towne school, located in center city, philadelphia, is dedicated to providing a stimulating learning environment for children ages 18 months to 6 years, consistent with the values and principles developed by dr. Maria montessori. Greene towne's curriculum is designed to develop each child's full human potential - emotionally, physically, intellectually, and socially - and to foster a life-long love of learning. Greene towne's programs aim to meet the diverse needs of the children and families we serve.
What it reported doing in 2024
At greene towne school, your child builds the skills and self-assurance that lead to a lifetime of learning. In a multi-age learning environment that nurtures the unique personality and individual abilities of each child, greene towne's trained montessori teachers invite children to explore their own talents and to feel a real sense of accomplishment with each new skill learned. Our teachers care for and nurture every girl and boy, yet respect each child's need for independence. Children become self-confident - inspired to learn new skills and improve on past achievements - preparing themselves for tomorrow.every aspect of greene towne stimulates creativity and learning. Educational materials are designed specifically for a young child's mind and body, and the facility is colorful, bright and inviting. Boys and girls feel inspired, whether they are writing a short story with the moveable alphabet, taking pictures of their school for a photography exhibit, or watering seedlings in our container garden on the roof deck.since 1966, greene towne school has provided a quality montessori education to philadelphia children and families. Greene towne's certified montessori teachers help your child:-have physical and mental independence, self-confidence, and self-control-manage the requirements of daily life-develop sense perception so that she or he perceives the world accurately-acquire language and math skills at his or her most receptive moments-demonstrate respect and sensitivity toward other childreneach greene towne classroom, with a mix of ages, encourages children of different abilities and backgrounds to interact and learn from each other in a non-competitive environment. Each child is an individual moving at his or her own pace, building layer upon layer. A three-year-old can observe and learn penmanship or math from the older and more advanced children. Kindergarten boys and girls hone their own abilities and develop confidence by teaching younger children new skills. When a child completes the montessori primary program with the kindergarten year, he or she emerges as a confident lifelong learner, eager and well-prepared to face new challenges.for fiscal year 2025, there were 197 students enrolled in the school.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 90% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 79
- Accountability: 84
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77%; rating input score 77
- Program expense ratio: 75.3%; rating input score 75
- Fundraising efficiency: $258.85 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.7%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 2.79; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.78; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 6.6%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 14.5% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 77% of revenue deployed · 75.3% of spending went to programs
- Governance: 17 of 17 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $5M in reported program spending
- Leadership: top reported pay $198K · 25 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $250K reported
- Consistency: 38 of 38 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.