Friends Of St Michael
- Assets
- $10.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 14
- Location
- Petoskey, MI
- Founding
- Data as of
- 12/2023
- EIN
- 87-2670688
Organization Overview
Friends Of St Michael is located in Petoskey, MI. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2023, Friends Of St Michael employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of St Michael 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 12/2023, Friends Of St Michael generated $29.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (45.8%) each year. All expenses for the organization totaled $29.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (45.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE SOLE PROGRAM SERVICE ACCOMPLISHMENT OF FRIENDS OF ST. MICHAEL IN 2023 WAS SUPPORTING ST. MICHAEL ACADEMY HIGH SCHOOL, A CLASSICAL CATHOLIC HIGH SCHOOL IN PETOSKEY MICHIGAN. 100% OF THE EXPENSES INCURRED BY FRIENDS OF ST. MICHAEL WERE FOR THIS ACTIVITY. FRIENDS OF ST. MICHAEL PROVIDED ASSISTANCE TO ST. MICHAEL ACADEMY HIGH SCHOOL BY GRANTING FUNDS TO ST. MICHAEL ACADEMY HIGH SCHOOL. THROUGH THIS SUPPORT, FRIENDS OF ST. MICHAEL HELPED ST. MICHAEL ACADEMY HIGH SCHOOL DELIVER A HIGH-QUALITY, CATHOLIC CLASSICAL EDUCATION TO 28 STUDENTS FROM THREE COUNTIES IN NORTHERN MICHIGAN. THE LONG-TERM OBJECTIVE OF FRIENDS OF ST. MICHAEL IS TO CONTINUE ITS SUPPORT OF ST. MICHAEL ACADEMY HIGH SCHOOL AS WELL AS DEVELOPING CLASSICAL EDUCATION AND PROGRAMS AT OTHER CATHOLIC SCHOOLS (SUCH AS MIDDLE SCHOOLS AND ELEMENTARY SCHOOLS) IN NORTHERN MICHIGAN THROUGH CURRICULUM SUPPORT AND TEACHER TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lizette Bondy President | 1 | $0 | |
Bret Keefe Secretary-Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,594 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $29,660 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $547 |
| Other expenses | $85 |
| Total expenses | $29,294 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,748 |
| Other assets | $0 |
| Total assets | $10,748 |
| Total liabilities | $44,400 |
| Net assets or fund balances | -$33,652 |