Holy Cross Academy is located in Oneida, NY. The organization was established in 1997. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2024, Holy Cross Academy employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Cross Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Holy Cross Academy generated $481.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $445.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A PRIVATE, SECONDARY SCHOOL TEACHING IN THE CATHOLIC TRADITION WITH APRROXIMATELY 80-100 STUDENTS IN GRADES 7-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED WELL ROUNDED POST SECONDARY EDUCATION TO OUR STUDENTS WITH A FOCUS ON CHARITY, THE SACRAMENTAL LIFE, AND SERVICE TO OTHERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel J Miller President | OfficerTrustee | 15 | $0 |
Michael Laucello Vice President | OfficerTrustee | 5 | $0 |
Margaret Miller Secretary | OfficerTrustee | 10 | $0 |
Paul Vanlieshout Treasurer | OfficerTrustee | 5 | $0 |
Therese Maciag Principal | 50 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $25,720 |
All other contributions, gifts, grants, and similar amounts not included above | $190,438 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $216,158 |
Total Program Service Revenue | $201,763 |
Investment income | $123 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $235 |
Net Income from Fundraising Events | $63,620 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $481,899 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,441 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $306,527 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $26,264 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,630 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $235 |
Office expenses | $7,631 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,650 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,400 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,126 |
Insurance | $13,219 |
All other expenses | $3,723 |
Total functional expenses | $445,237 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,569 |
Savings and temporary cash investments | $5,519 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $310,052 |
Investments—publicly traded securities | $5,674 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $378,814 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $22,850 |
Secured mortgages and notes payable | $54,349 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $77,199 |
Net assets without donor restrictions | $301,615 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $378,814 |