Montessori Academy at Geist Inc
Nonprofit profile at a glance
- EIN
- 203707253
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Mccordsville, IN, USA
- Phone
- 3178134626
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $3,523,332
- Expenses
- $3,588,144
- Assets
- $7,438,068
- Liabilities
- $4,602,941
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DEBI DOBBINS (VICE PRESIDENT)
- ERIKA RADFORD (PRESIDENT)
- JENNIFER GOSCH (EXECUTIVE DIRECTOR (THRU 4/25))
- JAMISON RAHMANY (ASST. EXECUTIVE DIRECTOR)
Highest reported compensation
- JENNIFER GOSCH (EXECUTIVE DIRECTOR (THRU 4/25)): $126,591 total reported compensation
- JAMISON RAHMANY (ASST. EXECUTIVE DIRECTOR): $101,030 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The montessori academy at geist provides an academically and culturally rich educational environment that allows children to acquire knowledge in a non-competitive, individualized manner. We recognize that many environmental factors act upon the development of the child, and seek to prepare a school environment that encourages joyful learning, and greater exploration of the community and the world. Academics integrate with character building and community awareness to form a whole-child curriculum.
What it reported doing in 2024
Geist montessori academy provided public education to approximately 300 students in Indiana in alignment with the montessori curriculum and Indiana department of education standards.
Operating model
- Revenue model
- Grant-funded. 80% of the money available for current operations came from government grants.
- 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.9%; rating input score 72
- Program expense ratio: 70.6%; rating input score 71
- 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.8%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 2.07; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.62; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 18th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 71.9% of revenue deployed · 70.6% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.5M in reported program spending
- Leadership: top reported pay $127K · 6 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- 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.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.