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CHARITY REVIEW
Issued: February 2025 Expires: February 2026

Martin Luther King Montessori School, Inc.

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(260) 423-4333
6001 S Anthony Blvd
Fort Wayne, IN, 46816-3705
https://www.mlkdreamschool.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Martin Luther King Montessori School, Inc. meets the 20 Standards for Charity Accountability.

Stated Purpose:

Year, State Incorporated:
1969, IN

Also Known As:
MLK Montessori

For the year ended July 31, 2022, Martin Luther King Montessori School, Inc.'s program expenses were:

Classroom $654,669
Nutrition $124,621
Transportation $77,758
Total Program Expenses $857,048

Chief Executive
Greta McKinney, Executive Director

Compensation*
$74,667

Chair of the Board
Andrea Kendall, Branch Manager

Chair's Profession / Business Affiliation
PNC Bank

Board Size
8

Paid Staff Size
20

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 3.82%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Martin Luther King Montessori School, Inc.'s audited financial statements for the year ended July 31, 2022.

Source of Funds
Contributions $478,999
Government Funding - Federal $475,464
Tuition and Program Fees $447,928
United Way $41,250
Investment Income $34,049
Other $153
Total Income $1,477,843

Programs: 76% Fundraising: 3% Administrative: 21%

Total Income $1,477,843
Total expenses: $1,126,687
  Program expenses $857,048
  Fundraising expenses $38,023
  Administrative expenses $231,616
  Other expenses $0
Income in Excess of Expenses $351,156
Beginning Net Assets $3,460,595
Other Changes In Net Assets $-174,933
Ending Net Assets $3,636,818
Total Liabilities $232,929
Total Assets $3,869,747

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Serving Northern Indiana