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Blessed Stephen Bellesini Osa Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043585445 ✦ Lawrence, MA ✦ Designated as a 501(c)(3)

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Overview

What is Blessed Stephen Bellesini Osa Academy Inc?

Blessed Stephen Bellesini Osa Academy Inc is a nonprofit organization located at 94 Bradford Street, Lawrence, Massachusetts 01840. Their primary mission is to provide quality scholarship education to children from financially limited backgrounds residing in Lawrence. With a dedicated workforce of 50 employees, the academy is committed to offering educational opportunities that may otherwise be inaccessible to these students. The nonprofit's activities revolve around fostering academic growth and development, ensuring that financial constraints do not hinder a child's educational journey in their hometown.


Official website here: www.bellesiniacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Blessed Stephen Bellesini Osa Academy Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization’s score is based solely on its accountability practices, demonstrating a commitment to transparency and responsible management of resources. The high score indicates that the charity effectively adheres to best practices, ensuring that funds are utilized efficiently.

One of the notable strengths of the organization is its fully independent board, which consists of 20 members and scores a perfect 100% in this category. The absence of any material diversion of assets further establishes the nonprofit's integrity and trustworthiness. Additionally, the presence of various governance policies, such as conflict of interest and whistleblower policies, suggests that the organization has strong safeguards in place to protect its operations and stakeholders.

While the charity’s financial practices are commendable, it's important to note that the rating is derived solely from the accountability and finance metrics. Other aspects such as community impact or program effectiveness are not evaluated in this rating, which may limit a comprehensive understanding of the charity's overall performance and reach.


This AI summary has been generated from information found on Charity Navigator.

Is Blessed Stephen Bellesini Osa Academy Inc legitimate?

Blessed Stephen Bellesini Osa Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blessed Stephen Bellesini Osa Academy Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,046,055

For more financial information, click here


Official website here: www.bellesiniacademy.org

What is the mission statement of Blessed Stephen Bellesini Osa Academy Inc?

The mission of Blessed Stephen Bellesini Osa Academy Inc is centered around providing a high-quality educational scholarship to children from financially limited backgrounds residing in Lawrence. This mission is carried out with the primary goal of ensuring these students have equal opportunities for learning and growth, regardless of their financial circumstances. The academy aims to empower these children, fostering their educational development and personal growth, ultimately contributing to a more equitable society.


Official website here: www.bellesiniacademy.org

Who is the CEO of Blessed Stephen Bellesini Osa Academy Inc?

Travis Drouin is the Treasurer of Blessed Stephen Bellesini Osa Academy Inc.


Official website here: www.bellesiniacademy.org

What is the revenue of Blessed Stephen Bellesini Osa Academy Inc?

Blessed Stephen Bellesini Osa Academy Inc's revenue in 2022 was $1,402,854.


Official website here: www.bellesiniacademy.org

Who are the executives of Blessed Stephen Bellesini Osa Academy Inc and what are their salaries?

The average compensation at Blessed Stephen Bellesini Osa Academy Inc during 2022 was $20,921. There are 50 employees at Blessed Stephen Bellesini Osa Academy Inc.


Here are 18 key members and their salaries:


Ajita Bhat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Firdaus Bhathena (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Bulens (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Cascio (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynette Cavenaugh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Dube (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Dechene (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Drouin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Eliasen (Secretary/Cl)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Feldman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Harder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Hardiman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitzi Lawlor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcgrath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lillian Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Pendleton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schutz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Serrao (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bellesiniacademy.org

Where can I find the form 990 for Blessed Stephen Bellesini Osa Academy Inc?

Blessed Stephen Bellesini Osa Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bellesiniacademy.org

Learn more at the official website: www.bellesiniacademy.org

Mission Statement of Blessed Stephen Bellesini Osa Academy Inc

Blessed Stephen Bellesini Osa Academy Inc, a nonprofit organization, is committed to providing a top-notch scholarship education to boys and girls from financially limited backgrounds residing in Lawrence. Their mission is centered around empowering these young individuals through quality education, aiming to uplift their lives and provide them with opportunities they may not have otherwise. By offering a scholarship-based education, Blessed Stephen Bellesini Osa Academy Inc seeks to break the cycle of poverty and equip these students with the knowledge and skills necessary to succeed in their future endeavors.

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Impact




July, 2024

Blessed Stephen Bellesini Osa Academy Inc makes a significant impact by providing a quality scholarship education to boys and girls from limited financial means living in Lawrence, MA. Through their mission of offering educational opportunities to those who may not have access otherwise, they play a crucial role in empowering students and creating a more equitable society. Their dedication to education is reflected in their efforts to support the academic development and future success of students in the Lawrence community.




This information is meant to be a general summary of Blessed Stephen Bellesini Osa Academy Inc. 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.

Revenue
$1,402,854 (2022)
Expenses
$1,582,292 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $322
  • Program Service Revenue: $30,069
  • Gross Receipts: $1,402,854

Assets and Liabilities:

  • Total Assets: $4,363,395
  • Total Liabilities: $503,328
  • Net Assets: $3,860,067

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$15,895

PARENT GROUP

Revenue

$14,174

Organization Details

Founding Year

2001

Principal Officer

Travis Drouin

Main Address

94 BRADFORD STREET, LAWRENCE, MA, 01840

NTEE Category

Code: B24 - Education

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