The Gladwyne Montessori School
Nonprofit profile at a glance
- EIN
- 231628684
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Gladwyne, PA, USA
- Phone
- 6106491761
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $8,887,756
- Expenses
- $7,399,645
- Assets
- $21,322,235
- Liabilities
- $4,285,516
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Highest reported compensation
- HADLEY RUGGLES (HEAD OF SCHOOL): $273,677 total reported compensation
- MICHAEL DYSON (CHIEF FINANCIAL & OPERATIN): $189,969 total reported compensation
- GWEN SHANGLE (ASSISTANT HEAD OF SCHOOL): $148,174 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are focused on realizing the potential in every child by providing an environment where self-reliance, purposeful learning and social harmony are fostered. See continuation on schedule o.guided by the philosophy of dr. Maria montessori and reinforced by contemporary research, we are an outstanding alternative to traditional education, nurturing students who are bright, capable, caring and extremely prepared to succeed in the real world. Through our innovative approach to education, your child develops independence, explores creativity, learns to respect nature and cultivates a sense of awe and wonder.
What it reported doing in 2024
Education programs for infant and young toddlers (from six weeks to 2 years) which began in fiscal year 2022, toddlers (2 years to 3 years of age), primary (3 years to 6 years of age), and elementary (1st through 6th grades).
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 87% 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 - 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 fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 83
- Accountability: 95
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.5%; rating input score 53
- Program expense ratio: 66.4%; rating input score 66
- Fundraising efficiency: $7.28 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 16.7%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 2.88; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 8.3%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 52.5% of revenue deployed · 66.4% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4.9M in reported program spending
- Leadership: top reported pay $274K · 16 people listed · 3 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Financial Efficiency: Fundraising efficiency scored 27/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.