Overview
What is Holy Family Educational Corp?
Holy Family Educational Corp, operating under the name Holy Family Academy, is a nonprofit institution situated in Manchester, New Hampshire. Enrolling 94 students in grades 7-12 during the 2021-2022 academic year, the academy offers a classical Catholic curriculum. To support its educational mission, the academy entered into a five-year lease with an option to renew for another five years, securing an annual discounted rent of $1. Established with the intention of providing parents with "true liberty" in the choice of schools for their children's education, Holy Family Academy delivers a Roman Catholic education in the classical tradition. With a team of 27 employees, the academy serves students from seventh to twelfth grade, fostering a supportive learning environment.
Official website here: www.holyfamilyacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Holy Family Educational Corp, operating as Holy Family Academy, has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and financial practices. The organization scored 73% overall, reflecting strengths in independent board composition and financial accountability, particularly with no material diversion of assets and a strong program expense ratio.
The nonprofit benefits from having a fully independent board and demonstrated responsible financial management, as evidenced by a low liabilities-to-assets ratio. However, it faces significant gaps in governance practices, notably the lack of a whistleblower policy and failure to establish a document retention and destruction policy, which are important for transparency and accountability.
These limitations suggest areas where Holy Family Academy can enhance its operations to build greater trust with its stakeholders. Addressing these governance issues could improve its rating and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Holy Family Educational Corp?
Four enthusiastic reviewers highlight the exceptional educational experience at Holy Family Educational Corporation. One commenter emphasizes that students receive a rich classical Catholic education that is unmatched, particularly praising the quality of the school for grades 7-12.
While the overall rating is not yet established, the positive sentiment clearly reflects a strong appreciation for the curriculum and academic environment offered by the institution.
This feedback suggests a high level of satisfaction among parents and guardians, indicating that Holy Family Educational Corp is making a notable impact on its students' education.
This AI summary has been generated from reviews found on Facebook.
Is Holy Family Educational Corp legitimate?
Holy Family Educational Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Family Educational Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $89,661
Professional Fundraising Fees: $0
Other Salaries and Wages: $523,109
For more financial information, click here
Official website here: www.holyfamilyacademy.org
What is the mission statement of Holy Family Educational Corp?
Holy Family Educational Corp, operating as Holy Family Academy, is established with the objective of offering parents the freedom to choose a school that suits their children's education needs in grades 7-12. The academy provides a Roman Catholic education in the classical tradition, catering to students from grades seven through twelve. Its mission is to grant parents true liberty in education choices, while offering a curriculum based on Catholic principles. The academy enrolled 94 students during the 2021-2022 academic year, using a classical Catholic curriculum to educate its students. To support its programs and services, Holy Family Academy entered into a five-year lease in August 2016, with the option to renew for another five years, at an annually discounted rent of $1.
Official website here: www.holyfamilyacademy.org
Who is the CEO of Holy Family Educational Corp?
Joseph Williams is the Headmaster of Holy Family Educational Corp.
Official website here: www.holyfamilyacademy.org
What is the revenue of Holy Family Educational Corp?
Holy Family Educational Corp's revenue in 2022 was $1,167,194.
Official website here: www.holyfamilyacademy.org
Who are the executives of Holy Family Educational Corp and what are their salaries?
The average compensation at Holy Family Educational Corp during 2022 was $22,695. There are 27 employees and 10 volunteers at Holy Family Educational Corp.
Here are 9 key members and their salaries:
- Compensation: $89,661
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Official website here: www.holyfamilyacademy.org
Where can I find the form 990 for Holy Family Educational Corp?
Holy Family Educational Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.holyfamilyacademy.org
Learn more at the official website: www.holyfamilyacademy.org
Mission Statement of Holy Family Educational Corp
Holy Family Educational Corp, operating under the name Holy Family Academy (HFA), was established with a mission to provide parents with the freedom to choose the best school for their children's education in grades 7-12. The organization is committed to offering a Roman Catholic education in the classical tradition, aiming to nurture and educate its students thoroughly. The academy upholds the values of true liberty, empowering parents to make informed decisions about their children's education. During the 2021-2022 school year, HFA enrolled 94 students, demonstrating its dedication to providing quality education to its pupils using a classical Catholic curriculum. The academy secured a five-year lease in August 2016, with the option to renew for an additional five years, at a discounted annual rent of $1, further emphasizing its commitment to providing affordable, top-notch education to its students.
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Impact
July, 2024
Holy Family Educational Corp Dba Holy Family Academy's impact lies in providing parents with the freedom to choose a school that aids them in the education of their children. Through its classical Catholic curriculum, the academy serves students in grades 7-12, with a mission to provide a Roman Catholic education in the classical tradition. By enrolling 94 students in the 2021-2022 school year, Holy Family Academy contributes to the intellectual and spiritual development of young individuals, empowering them with knowledge and values essential for their personal growth and future success.
This information is meant to be a general summary of Holy Family Educational Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1
- Program Service Revenue: $843,029
- Gross Receipts: $1,181,139
Assets and Liabilities:
- Total Assets: $622,555
- Total Liabilities: $83,379
- Net Assets: $539,176
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$843,029
Organization Details
Founding Year
1988
Phone
(603) 644-7247Principal Officer
Joseph Williams
Main Address
281 CARTIER STREET, MANCHESTER, NH, 03102
Website
www.holyfamilyacademy.orgNTEE Category
Code: B20 - Education
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