Holy Family School is located in McKinney, TX. The organization was established in 2005. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2021, Holy Family School employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Family School 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 07/2021, Holy Family School generated $197.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $292.5k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOLY FAMILY SCHOOL OF MCKINNEY PROVIDES CHILD CARE FOR LOW INCOME FAMILIES FOR INFANTS, PRESCHOOL AND PRE-KINDERGARTEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN EDUCATION FOR PRESCHOOLERS AND KINDERGARTENERS WITH AN EMPHASIS ON TEACHING OF THE ENGLISH LANGUAGE TO THOSE CHILDREN FOR WHOM ENGLISH IS A SECOND LANGUAGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lynne Sipiora President | Trustee | 2 | $0 |
Ashley Lewis Human Resources | Trustee | 2 | $0 |
Robbin Wells Vice President | Trustee | 2 | $0 |
Lisa Hopkinson Treasurer | Trustee | 2 | $0 |
Rachel Pittman Secretary | Trustee | 2 | $0 |
David Parsons ESQ Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $6,625 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,078 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,703 |
Total Program Service Revenue | $176,273 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $6,274 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $197,457 |
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 | $164,352 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,976 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,207 |
Advertising and promotion | $600 |
Office expenses | $5,194 |
Information technology | $315 |
Royalties | $0 |
Occupancy | $22,365 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $196 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $27,295 |
Insurance | $17,628 |
All other expenses | $2,750 |
Total functional expenses | $292,482 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,521 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $757,541 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $64,000 |
Total assets | $840,062 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $68,204 |
Total liabilities | $68,204 |
Net assets without donor restrictions | $680,159 |
Net assets with donor restrictions | $91,699 |
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 | $840,062 |
Over the last fiscal year, we have identified 1 grants that Holy Family School has recieved totaling $16.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Organization Name | Assets | Revenue |
---|---|---|
Neighbors In Need Of Services Inc Rio Hondo, TX | $6,239,022 | $33,672,509 |
Child Inc Austin, TX | $5,389,599 | $17,643,504 |
Southwest Christian School Inc Fort Worth, TX | $45,808,415 | $19,471,207 |
Southwest Louisiana Charter Academy Foundation Inc Lake Charles, LA | $44,512,602 | $16,859,571 |
Trinity School Of Midland Texas Midland, TX | $27,961,554 | $15,122,842 |
Dallas International School Dallas, TX | $26,054,966 | $13,430,563 |
Tulsa Christian Education Corporation Tulsa, OK | $13,603,997 | $12,564,074 |
Fort Worth Christian School Inc North Richland Hills, TX | $26,990,918 | $13,008,195 |
D Arbonne Woods Charter School Inc Farmerville, LA | $29,772,897 | $12,075,907 |
The New School Fayetteville, AR | $39,755,955 | $6,395,577 |
Success Preparatory Academy New Orleans, LA | $2,439,777 | $7,661,479 |
The Fay School Houston, TX | $22,159,376 | $8,809,137 |