St Michaels Academy Inc
- Assets
- $3.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Haymarket, VA
- Founding
- 07/2016
- Data as of
- 08/2021
- EIN
- 81-1016460
Organization Overview
St Michaels Academy Inc is located in Haymarket, VA. The organization was established in 2016. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Michaels 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 08/2021, St Michaels Academy Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $1.2m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 5 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
TO PROVIDE LEARNING EXPERIENCES THAT WILL OPEN CHILDRENS MINDS TO THE WONDERS OF LANGUAGE, MATH, SCIENCE, GEOGRAPHY & HISTORY. WITH THE TEACHING OF THE BIBLE, OUR MISSION IS FOR EACH CHILD TO UNDERSTAND THAT THEY, AS A CHILD OF GOD, IS LOVED BY GOD & HAS A PURPOSE TO FULFILL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST MICHAELS ACADEMYS MISSION IS TO PROVIDE LEARNING EXPERIENCES THAT WILL OPEN CHILDRENS MINDS TO THE WONDERS OF LANGUAGE, MATHEMATICS, SCIENCE, GEOGRAPHY AND HISTORY AND TO GIVE THE UNDERSTANDING OF THE INTERRELATEDNESS OF EACH. THROUGH THE TEACHING OF THE BIBLE, OUR MISSION IS FOR EACH CHILD TO UNDERSTAND THAT THEY ARE A CHILD OF GOD, IS LOVED BY GOD AND HAS A PURPOSE TO FULFILL IN LIFE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Davis Director | Trustee | 5 | $0 |
Sean Rousseau Director | Trustee | 5 | $0 |
Samantha Fulda Director | Trustee | 5 | $0 |
Erin Mann Director | Trustee | 5 | $0 |
Sara Nickell Director | Trustee | 5 | $0 |
Yaritza Mccall President | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,372,979 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,372,979 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $737,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,107 |
| Payroll taxes | $57,260 |
| Fees for services: Management | $6,020 |
| Fees for services: Legal | $833 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,381 |
| Office expenses | $5,332 |
| Information technology | $41,208 |
| Royalties | $0 |
| Occupancy | $258,651 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,634 |
| Insurance | $4,495 |
| All other expenses | $0 |
| Total functional expenses | $1,246,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $909,800 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $955,048 |
| 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 | $32,892 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,354,130 |
| Accounts payable and accrued expenses | $31,375 |
| 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 | $924,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,784,627 |
| Total liabilities | $2,740,002 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $614,128 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Michaels Academy Inc has recieved totaling $190.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $190 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Milton Gottesman Jewish Day School Of The Nations Capital Washington, DC | $47,850,998 | $22,230,618 |
Lincoln Charter School Inc Denver, NC | $10,014,512 | $18,722,799 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Meridian Public Charter School Washington, DC | $25,835,715 | $17,496,957 |
St Paul's School For Girls Inc Brooklandville, MD | $0 | $15,914,099 |
Sayre School Lexington, KY | $37,948,520 | $16,925,718 |
St Johns Community Services - District Of Columbia Washington, DC | $113,804 | $20,352,755 |
Lexington Christian Academy Inc Lexington, KY | $37,177,484 | $18,280,442 |
Saint James School Inc Hagerstown, MD | $77,226,869 | $20,561,499 |