Saint Ambrose Academy is located in Wexford, PA. The organization was established in 2019. 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 05/2022, Saint Ambrose Academy employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Ambrose 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 05/2022, Saint Ambrose Academy generated $248.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $205.1k during the year ending 05/2022. While expenses have increased by 30.8% 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
SAINT AMBROSE ACADEMY EXISTS TO SUPPORT HOMESCHOOLING FAMILIES IN THE ENDEAVOR OF EDUCATING THEIR CHILDREN AND TO PROVIDE A COMMUNITY WHERE FAMILIES CAN SHARE TWO COMMON LOVES: LOVE OF THE CATHOLIC FAITH AND LOVE OF FAMILY. THE HYBRID HOMESCHOOLING SYSTEM OFFERED BY SAA MAXIMIZES THE TIME THE FAMILY CAN SPEND TOGETHER AS WELL AS THE ADDED BENEFITS OF COMMUNITY LIFE THAT A SCHOOL SETTING OFFERS. SAA PLANS TO EXPAND ANNUALLY TO ACCOMMODATE HOMESCHOOLING STUDENTS AND ULTIMATELY OFFER ALL GRADES FROM PRE-K THROUGH 12TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAINT AMBROSE ACADEMY (SAA) AIMS TO CREATE A UNIQUE SUPPORT SPACE FOR CATHOLIC HOMESCHOOLING FAMILIES IN THE SURROUNDING PITTSBURGH AREA AND THROUGHOUT THE US AS WELL AS FOSTER A SPIRIT OF COMMUNITY AMONG PARTICIPATING FAMILIES. SAINT AMBROSE ACADEMY MEETS TWICE WEEKLY FOR CLASSES IMPLEMENTED BY QUALIFIED INSTRUCTORS IN ORDER TO EDUCATE CHILDREN IN A CLASSROOM SETTING IN PARTNERSHIP WITH THEIR PARENTS AT HOME AS A CATHOLIC HYBRID HOMESCHOOL CO-OP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Utely Anna President And Treasurer | OfficerTrustee | 30 | $23,900 |
Paul Erica Vice President And Secretary | OfficerTrustee | 30 | $23,900 |
Freedy Rev Joseph Director | Trustee | 1 | $0 |
Humphrey Aaron Director | Trustee | 1 | $0 |
Sparacino Rev Thomas 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 | $8,055 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,055 |
Total Program Service Revenue | $236,791 |
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 | $3,010 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $248,402 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $47,800 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $108,404 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $135 |
Payroll taxes | $6,497 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,405 |
Advertising and promotion | $426 |
Office expenses | $6,374 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,201 |
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 | $2,376 |
All other expenses | $0 |
Total functional expenses | $205,069 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $73,849 |
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 | $2,227 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $250 |
Total assets | $76,326 |
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 | $0 |
Total liabilities | $0 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $76,326 |
Total liabilities and net assets/fund balances | $76,326 |
Over the last fiscal year, we have identified 1 grants that Saint Ambrose Academy has recieved totaling $176.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $176 |
Organization Name | Assets | Revenue |
---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Mcdonogh School Incorporated Owings Mills, MD | $267,537,945 | $83,365,139 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |
Packer Collegiate Institute Brooklyn, NY | $176,388,503 | $70,028,029 |