Regina Coeli Academy is located in Abington, PA. The organization was established in 1946. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Regina Coeli Academy employed 22 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Regina Coeli 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 06/2022, Regina Coeli Academy generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED BY FAITH, INSPIRED BY HOPE, AND LIVED IN LOVE, REGINA COELI ACADEMY PROVIDES A CLASSICAL EDUCATION IN ACCORDANCE WITH THE DOCTRINE OF THE ROMAN CATHOLIC CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES EDUCATION AND OTHER COMPONENTS OF THE CORPORAL AND SPIRITUAL WORKS OF MERCY IN ACCORD WITH THE DOCTRINE AND TEACHING OF THE ROMAN CATHOLIC CHURCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy J Murnane Chairman | OfficerTrustee | 8 | $0 |
Barbara B Henkels President | OfficerTrustee | 1 | $0 |
Sarah Dickerson Director | Trustee | 4 | $0 |
John Armstrong Director | Trustee | 1 | $0 |
Denise O'connell Director | Trustee | 4 | $0 |
John Kasbar Director | 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 | $350,305 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $350,305 |
Total Program Service Revenue | $976,189 |
Investment income | $14 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $50,966 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,377,474 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $509,727 |
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 | $624,026 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $69,206 |
Payroll taxes | $49,445 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,555 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,000 |
Advertising and promotion | $1,740 |
Office expenses | $26,348 |
Information technology | $3,162 |
Royalties | $0 |
Occupancy | $50,818 |
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 | $0 |
Insurance | $976 |
All other expenses | $5,956 |
Total functional expenses | $1,431,680 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $96,421 |
Savings and temporary cash investments | $0 |
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 | $211 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $21,131 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $117,763 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $9,800 |
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 | $9,800 |
Net assets without donor restrictions | $105,393 |
Net assets with donor restrictions | $2,570 |
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 | $117,763 |
Over the last fiscal year, we have identified 5 grants that Regina Coeli Academy has recieved totaling $57,740.
Awarding Organization | Amount |
---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $25,000 |
Connelly Foundation West Conshohocken, PA PURPOSE: CURRICULUM ALIGNMENT PROJECT | $20,000 |
The Anna-Maria Moggio Foundation Haverford, PA PURPOSE: ACADEMIC SUPPORT | $10,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $240 |
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The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |