St Monica Academy Inc
- Assets
- $3.1m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 45
- Location
- Montrose, CA
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 95-4864581
Organization Overview
St Monica Academy Inc is located in Montrose, CA. The organization was established in 1946. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, St Monica Academy Inc employed 45 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Monica 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 06/2022, St Monica Academy Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 5.0% per year over the past 7 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. MONICA ACADEMY PROVIDES A CLASSICAL CATHOLIC EDUCATION TO APPROXIMATELY 278 BOYS AND GIRLS IN GRADES ONE THROUGH TWELVE.
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 |
|---|---|---|---|
Halpin Peter Teacher/ Dean | 40 | $105,626 | |
Freyman Joseph Teacher | 40 | $102,079 | |
Marguerite Grimm Board Member/ Teacher | Trustee | 40 | $88,212 |
Martin Boles Board Member/teacher | Trustee | 15 | $20,700 |
Peter Grimm President/ Coach | Officer | 1 | $4,000 |
Scott Turicchi Vice President | Officer | 1 | $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 | $897,044 |
| Noncash contributions included in lines 1a–1f | $51,280 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $897,044 |
| Total Program Service Revenue | $1,999,022 |
| Investment income | -$9,069 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $587,379 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,498,825 |
| 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. | $108,912 |
| Compensation of current officers, directors, key employees. | $44,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,748,333 |
| Pension plan accruals and contributions | $47,785 |
| Other employee benefits | $176,358 |
| Payroll taxes | $149,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,699 |
| Office expenses | $21,804 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $246,429 |
| 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 | $197,463 |
| Insurance | $49,475 |
| All other expenses | $284,919 |
| Total functional expenses | $3,203,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,111 |
| Savings and temporary cash investments | $2,465,517 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,476 |
| 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 | $39,069 |
| Net Land, buildings, and equipment | $84,509 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,122,682 |
| Accounts payable and accrued expenses | $9,638 |
| Grants payable | $0 |
| Deferred revenue | $450,839 |
| 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 | $460,477 |
| Net assets without donor restrictions | $2,453,079 |
| Net assets with donor restrictions | $209,126 |
| 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 | $3,122,682 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that St Monica Academy Inc has recieved totaling $120,014.
| Awarding Organization | Amount |
|---|---|
Frank Mchugh-Odonovan Foundation Inc Wilmington, DE PURPOSE: SCHOLARSHIP FUND | $50,000 |
Carrie Estelle Doheny Foundation Los Angeles, CA PURPOSE: HIGH SCHOOL SCHOLARSHIP PROGRAM 2021 | $29,000 |
Frank Mchugh-Odonovan Foundation Inc Wilmington, DE PURPOSE: CAPITAL IMPROVEMENTS FUND | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $8,000 |
Frank Mchugh-Odonovan Foundation Inc Wilmington, DE PURPOSE: SCIENCE LAB PREP AND STORAGE ROOM RENOVATION FUND | $7,500 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $7,395 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Day School Inc San Francisco, CA | $48,363,638 | $20,220,768 |
Great Valley Academy Modesto, CA | $24,077,962 | $19,349,620 |
San Francisco Day School San Francisco, CA | $90,241,572 | $23,860,788 |
Dr Miriam And Sheldon G Adelson Educational Institute Las Vegas, NV | $45,249,882 | $16,559,222 |
Synapse School Menlo Park, CA | $20,691,097 | $17,078,899 |
Mark Day School San Rafael, CA | $46,409,583 | $18,444,024 |
Hillbrook School Los Gatos, CA | $32,644,985 | $20,493,868 |
Heights Christian Schools La Habra Heights, CA | $13,507,090 | $16,795,259 |
Griffin Technology Academies Vallejo, CA | $23,322,546 | $19,613,805 |
Valley Christian School System Cerritos, CA | $15,496,227 | $17,847,318 |
Redlands Christian School Redlands, CA | $36,719,487 | $19,631,459 |
John Thomas Dye School Los Angeles, CA | $79,181,916 | $17,060,481 |