Liguori Academy
- Assets
- $3.8m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 27
- Location
- Philadelphia, PA
- Founding
- 07/2014
- Data as of
- 06/2021
- EIN
- 46-1869437
Organization Overview
Liguori Academy is located in Philadelphia, PA. The organization was established in 2014. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Liguori Academy employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liguori 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 06/2021, Liguori Academy generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. While expenses have increased by 17.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LIGUORI ACADEMY IS TO PREPARE FUTURE LEADERS THROUGH INDIVIDUALIZED LEARNING IN A COMMUNITY THAT OFFERS BOUNDLESS OPPORTUNITIES. LIGUORI ACADEMY USES INDIVIDUALIZED CURRICULA TO DRIVE THE INSTRUCTIONAL APPROACH EACH STUDENT NEEDS. BY COMBINING COMPUTER-BASED COURSEWORK AND COLLABORATIVE CLASSROOM ENVIRONMENTS, STUDENTS ENCOUNTER INNOVATIVE EDUCATIONAL OPPORTUNITIES CENETERED AROUND THJEIR INDIVIDUAL NEEDS. WE OFFER A COMPREHENSIVE CURRICULUM UNIQUE TO EACH STUDENT ENSURING THAT THEYE ARE CAREER AND COLLEGE READY. OUR APPROACH OF HAVING A CURRICULUM THAT INCLUDES SOCIAL AND EMOTIONAL LEARNING AT THE FOUNDATION MAKES US DISTINCTIVE IN SECONDARY EDUCATIONAL INSTITUTIONS. WE EMPHASIZE MINDFULNESS, SELF-AWARENESS, SELF-MANAGEMENT AND SOCIAL AWARENESS SKILLS. EXECUTIVE SKILLS SUCH AS TEAMWORK, CRITICAL THINKING AND INITIATIVE ARE PRESENTED TO STUDENTS ALONGSIDE RIGOROUS ACADEMIC COURSEWORK. STUDENTS AT LIGUORI ACADEMY GRADUATE CAREER READY, COLLEGE READY.... LIGUORI READY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF UNDERPERFORMING STUDENTS IN SCHOOL THROUGH ITS PERSONALIZED TRAINING PROGRAM IN ORDER TO SIGNIFICANTLY CLOSE THE GAP FOR STUDENTS IN CORE SUBJECTS.
MISCELLANEOUS FUNCTIONS FOR THE PURPOSE OF ADVANCING EDUCATIONAL VALUES.
EDUCATION OF UNDERPERFORMING STUDENTS IN SCHOOL THROUGH ITS PERSONALIZED TRAINING PROGRAM IN ORDER TO SIGNIFICANTLY CLOSE THE GAP FOR STUDENTS IN CORE SUBJECTS.
MISCELLANEOUS FUNCTIONS FOR THE PURPOSE OF ADVANCING EDUCATIONAL VALUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Marrone President | OfficerTrustee | 40 | $110,000 |
Raymond A Mirra Jr Chairman | Trustee | 2 | $0 |
Ryan Briskin ESQ Board Member | Trustee | 2 | $0 |
Laurence G Poli PHD Vice Chairma | Trustee | 2 | $0 |
Sean Daly Board Member | Trustee | 2 | $0 |
Philip Jaurigue Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,472,192 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,507 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,783,699 |
| Total Program Service Revenue | $1,503,461 |
| Investment income | $63,968 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,351,128 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,541,547 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,051 |
| Payroll taxes | $131,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $132,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,844 |
| Advertising and promotion | $25,286 |
| Office expenses | $5,010 |
| Information technology | $71,568 |
| Royalties | $0 |
| Occupancy | $341,571 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,358 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,934 |
| Insurance | $57,237 |
| All other expenses | $8,722 |
| Total functional expenses | $2,674,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,145,811 |
| Savings and temporary cash investments | $472,057 |
| Pledges and grants receivable | $349,679 |
| Accounts receivable, net | $34,500 |
| 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 | $50,540 |
| Net Land, buildings, and equipment | $275,464 |
| Investments—publicly traded securities | $1,470,314 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,798,365 |
| Accounts payable and accrued expenses | $118,187 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $118,187 |
| Net assets without donor restrictions | $3,630,778 |
| Net assets with donor restrictions | $49,400 |
| 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 | $3,798,365 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Liguori Academy has recieved totaling $53,000.
| Awarding Organization | Amount |
|---|---|
Sdg Foundation Philadelphia, PA PURPOSE: CHARITABLE PURPOSE | $28,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellington School Columbus, OH | $38,979,520 | $21,884,199 |
Yeshiva University High Schools New York, NY | $22,674,721 | $20,464,649 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
The Seed School Of Maryland Inc Baltimore, MD | $46,101,801 | $18,646,195 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |
Jack M Barrack Hebrew Academy Bryn Mawr, PA | $28,446,825 | $17,100,040 |
Antioch College Corporation Yellow Springs, OH | $62,390,988 | $12,472,069 |
Linsly School Incorporated Wheeling, WV | $48,098,120 | $15,151,725 |
Dohn Community High School Cincinnati, OH | $3,470,956 | $16,370,625 |
Keio Academy Of New York Purchase, NY | $60,256,729 | $12,685,966 |
Glen Mills Schools Concordville, PA | $72,581,010 | $5,135,685 |