Serviam Girls Academy Inc is located in Wilmington, DE. The organization was established in 2007. 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 06/2022, Serviam Girls Academy Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serviam Girls Academy Inc 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 06/2022, Serviam Girls Academy Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION:CULTIVATING THE POTENTIAL OF YOUNG WOMEN THROUGH A CHALLENGING, HOLISTIC EDUCATION ROOTED IN THE URSULINE TRADITION.VISION:EMPOWERING YOUNG WOMEN, CHANGING THE WORLD. SERVIAM GIRLS ACADEMY IS A TUITION-FREE, INDEPENDENT CATHOLIC MIDDLE SCHOOL WHOSE FAMILIES MUST QUALIFY FOR THE FEDERAL FREE/REDUCED SCHOOL LUNCH PROGRAM IN ORDER TO ENROLL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVIAM GIRLS ACADEMY EDUCATES ON AVERAGE 60 GIRLS, GRADES 5 - 8, WITH A COMPREHENSIVE MODEL THAT INCLUDES AN EXTENDED 10-HOUR DAY AND 10.5-MONTH YEAR, INCLUDING A MANDATORY FOUR-WEEK SUMMER PROGRAM; SMALL CLASS SIZES; AND, A GRADUATE SUPPORT PROGRAM THAT WORKS WITH SERVIAM GRADUATES THROUGH HIGH SCHOOL GRADUATION AND INTO COLLEGE. PROGRAM ACCOMPLISHMENTS INCLUDE:1. SERVIAM'S 12 MEMBER CLASS OF 2022 WERE OFFERED OVER $946,000 IN SCHOLARSHIPS AND AID TO SIX LOCAL PRIVATE SCHOOLS. THE RISING FRESHMEN ARE ENROLLED IN THE FOLLOWING HIGH SCHOOLS: DELCASTLETECHNICAL HIGH SCHOOL, ODYSSEY CHARTER SCHOOL, MOUNT PLEASANT HIGH SCHOOL'S INTERNATIONAL BACCALAUREATE PROGRAM, PADUA ACADEMY, ST. MARK'S HIGH SCHOOL, ST. ELIZABETH HIGH SCHOOL, THE TATNALL SCHOOL AND URSULINE ACADEMY. OUR MISSION IS TO PREPARE GIRLS TO SUCCEED IN HIGH SCHOOL THROUGH A CHALLENGING AND RELEVANT EDUCATION, THUS THE VAST MAJORITY OF OUR BUDGET IS GEARED TOWARD THIS SPECIFIC GOAL2. SERVIAM'S 10 MEMBERS OF THE CLASS OF 2022 GRADUATED FROM HIGH SCHOOL. OVER 80% WILL MATRICULATE INTO THE FOLLOWING COLLEGES: MISSISSIPPI STATE, UNIVERSITY OF DELAWARE, DELAWARE STATE UNIVERSITY, DELAWARE TECHNICAL COMMUNITY COLLEGE, DELAWARE COLLEGE OF ART AND DESIGN, AND TEMPLE UNIVERSITY.3. DURING ITS SECOND YEAR IN ITS NEW HOME AT 900 NORTH WASHINGTON STREET IN DOWNTOWN WILMINGTON, DE, SERVIAM GIRLS ACADEMY WELCOMED A FULL RETURN TO IN-PERSON LEARNING. PANDEMIC CHALLENGES CONTINUED TO IMPACT THE SCHOOL COMMUNITY AND ENVIRONMENT. THE SIMPLE IMPACT OF 1.5 YEARS OF VIRTUAL LEARNING FOR THE NEWLY ENROLLED STUDENTS, THE SOCIAL/EMOTIONAL TOLL OF THE PANDEMIC ON STUDENTS AND THEIR FAMILIES, AND THE CONSTANT TRANSITIONING FOR ALL AFFECTED THE ENTIRE COMMUNITY. WHILE DAILY SCREENING AND WEEKLY ON-SITE TESTING PREVENTED MAJOR OUTBREAKS, THERE WERE FREQUENT COVID-RELATED ABSENCES AMONG STUDENTS AND STAFF. SERVIAM EXPERIENCED A SIGNIFICANTLY HIGHER STUDENT TURNOVER (BOTH ENROLLING AND DEPARTING THE SCHOOL) THROUGHOUT THE YEAR, AGAIN, IMPACTING THE CLASSROOM ENVIRONMENT. TO ADDRESS THESE CHALLENGES, SERVIAM CONTRACTED WITH A COUNSELOR TO CONDUCT WEEKLY GROUP SESSIONS AS WELL AS THE OPPORTUNITY FOR STUDENTS (AND STAFF) TO MEET ONE-ON-ONE. HAVING WITNESSED POSITIVE RESULTS, SERVIAM WILL CONTINUE THIS SERVICE.4. SERVIAM COMPLETED THE LAST OF THE MAJOR RENOVATIONS OF ITS ACTIVITY CENTER, HAVING RAISED OVER $250,000 OVER TWO YEARS TO COVER THE COSTS. 5. SERVIAM LAUNCHED IT'S THIRD MULTI-YEAR PLEDGE CAMPAIGN IN SEPTEMBER 2021 WITH A GOAL TO RAISE $3 MILLION IN PLEDGES FOR THE NEXT FIVE YEARS. BY JUNE 30TH, SERVIAM HAD RECEIVED OVER $2.44 MILLION IN PLEDGES TO SUPPORT OPERATIONAL EXPENSES. 6. SERVIAM HAD ITS HIGHEST GROSSING YEAR IN ITS 14 YEAR HISTORY, RAISING OVER $1.78 MILLION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Margaret Prevoznik Heins President | Officer | 40 | $100,607 |
Bob Kirkwood Chair | OfficerTrustee | 2 | $0 |
Barbra Andrisani Secretary | OfficerTrustee | 2 | $0 |
Shaila Kapur Directors | OfficerTrustee | 1 | $0 |
Neilli Mullen Walsh Vice Chair | OfficerTrustee | 2 | $0 |
Bettina Tweardy Riveros Directors | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,795,103 |
Noncash contributions included in lines 1a–1f | $5,406 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,795,103 |
Total Program Service Revenue | $0 |
Investment income | $2,732 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $206,804 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,004,639 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $119,039 |
Compensation of current officers, directors, key employees. | $29,760 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $629,280 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $61,407 |
Payroll taxes | $43,588 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,594 |
Advertising and promotion | $0 |
Office expenses | $9,901 |
Information technology | $2,248 |
Royalties | $0 |
Occupancy | $115,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $41,464 |
Insurance | $9,334 |
All other expenses | $10,193 |
Total functional expenses | $1,183,398 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $50,840 |
Savings and temporary cash investments | $1,522,628 |
Pledges and grants receivable | $1,760,453 |
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 | $13,797 |
Net Land, buildings, and equipment | $239,693 |
Investments—publicly traded securities | $88,066 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $323,209 |
Total assets | $3,998,686 |
Accounts payable and accrued expenses | $9,948 |
Grants payable | $0 |
Deferred revenue | $21,338 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $31,286 |
Net assets without donor restrictions | $3,654,191 |
Net assets with donor restrictions | $313,209 |
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 | $3,998,686 |
Over the last fiscal year, we have identified 11 grants that Serviam Girls Academy Inc has recieved totaling $175,000.
Awarding Organization | Amount |
---|---|
Welfare Foundation Inc Wilmington, DE PURPOSE: COMMUNITY SPACE RENOVATION PROJECT | $64,549 |
Kullman Family Foundation Wilmington, DE PURPOSE: TO SUPPORT CHARITABLE ENDEAVORS | $40,000 |
Laffey-Mchugh Foundation Wilmington, DE PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $19,200 |
Blanchard Family Foundation Wilmington, DE PURPOSE: UNRESTRICED TO SUPPORT OPERATIONS | $7,000 |
Incyte Charitable Giving Foundation Wilmington, DE PURPOSE: OPERATING | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Tatnall School Inc Wilmington, DE | $48,687,568 | $19,526,911 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Yeshivat Heatid Inc Teaneck, NJ | $17,160,980 | $19,921,065 |
Peck School Morristown, NJ | $71,516,691 | $18,101,005 |
Mastery Charter School-Pickett Campus Philadelphia, PA | $12,425,498 | $19,474,866 |
Philadelphia Academy Charter School Philadelphia, PA | $22,346,982 | $21,291,315 |
St Paul's School For Girls Inc Brooklandville, MD | $0 | $15,914,099 |
Yeshiva Of Bergen County Inc Paramus, NJ | $23,355,062 | $17,409,656 |