Mount Royal Academy North Inc
- Assets
- $1.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 20
- Location
- Lancaster, NH
- Founding
- 10/2018
- Data as of
- 06/2022
- EIN
- 82-3416460
Organization Overview
Mount Royal Academy North Inc is located in Lancaster, NH. The organization was established in 2018. 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, Mount Royal Academy North Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Royal Academy North 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, Mount Royal Academy North Inc generated $1.8m in total revenue. All expenses for the organization totaled $405.0k during the year ending 06/2022. While expenses have increased by 23.8% per year over the past 3 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
MOUNT ROYAL ACADEMY NORTH PROVIDES A CATHOLIC EDUCATION THAT EMPOWERS STUDENTS TO REACH THEIR FULL SPIRITUAL, ACADEMIC AND PHYSICAL POTENTIAL. OUR ASPIRATIONS DIRECT ALL TEMPORAL EFFORTS TOWARD OUR FATHER'S ETERNAL KINGDOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOUNT ROYAL ACADEMY NORTH PROVIDES A CATHOLIC EDUCATION THAT EMPOWERS STUDENTS TO REACH THEIR FULL SPIRITUAL, ACADEMIC, AND PHYSICAL POTENTIAL. OUR ASPIRATIONS DIRECT ALL TEMPORAL EFFORTS TOWARD OUR FATHERS ETERNAL KINGDOM. MOUNT ROYAL ACADEMY NORTH OFFERS A SAFE LEARNING ENVIRONMENT WITH A RIGOROUS ACADEMIC CURRICULUM THAT TEACHES THE TRUTH WHICH IS THE FOUNDATION OF ALL KNOWLEDGE. OUR VISION IS TO INSPIRE STUDENTS TO GROW IN THEIR KNOWLEDGE OF AND LOVE FOR GOD, ENABLING THEM TO LOVE AND SERVE THOSE AROUND THEM. THROUGH EDUCATING THE WHOLE CHILD OUR STUDENTS DEVELOP A PROFOUND LOVE FOR LEARNING AND A GREAT DESIRE FOR HEAVEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daphne Cassidy President | Officer | 0.5 | $0 |
Mary Rouillard Treasurer | Officer | 0.5 | $0 |
Lindsey Foss Board Member | Trustee | 0.5 | $0 |
Christopher Foss Board Member | Trustee | 0.5 | $0 |
Casey Maroon Board Member | Trustee | 0.5 | $0 |
Maryclare Quigley Board Member | Trustee | 0.5 | $0 |
Financial Statements
| 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 | $1,347,456 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,347,456 |
| Total Program Service Revenue | $337,837 |
| 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 | $101,228 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,786,521 |
| 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 | $224,195 |
| Pension plan accruals and contributions | $2,101 |
| Other employee benefits | $11,504 |
| Payroll taxes | $20,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,096 |
| Fees for services: Accounting | $875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $128 |
| Office expenses | $7,774 |
| Information technology | $3,012 |
| Royalties | $0 |
| Occupancy | $50,664 |
| 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 | $25,335 |
| Insurance | $7,234 |
| All other expenses | $6,084 |
| Total functional expenses | $405,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,014 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,104 |
| 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 | $600 |
| Net Land, buildings, and equipment | $1,286,478 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,411 |
| Other assets | $0 |
| Total assets | $1,403,607 |
| Accounts payable and accrued expenses | $12,148 |
| 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 | $12,148 |
| Net assets without donor restrictions | $1,391,459 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,403,607 |