Overview
What is Academy Of The Sacred Heart Of New Orleans Foundation Inc?
Academy of the Sacred Heart of New Orleans Foundation Inc is a charitable organization, based in New Orleans, Louisiana, with an address at 4521 St. Charles Avenue. Their primary mission is to support the Academy of the Sacred Heart of New Orleans Inc financially and aid in various school operations. The foundation's activities are geared towards benevolent and charitable support, contributing to the betterment of the educational institution. Specific details about the scope and extent of their support are not provided in the given information.
Official website here: www.ashrosary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
The Academy Of The Sacred Heart Of New Orleans Foundation Inc received an overall score of 84%, which indicates a solid level of accountability and financial health. This score is derived entirely from a single beacon focused on Accountability & Finance, signifying the organization’s commitment to transparent and responsible governance practices.
The foundation exhibits several strengths, including a fully independent board, with 100% of its members meeting this criterion. Additionally, the organization has demonstrated effective financial management, reflected in its impressive program expense ratio of 92.31%. This indicates that a significant portion of its resources is allocated directly to its programs, ensuring a meaningful impact on its mission.
However, there are notable limitations, particularly in the area of governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy suggests a need for improvement in its governance framework. Addressing these gaps could enhance the foundation's overall accountability and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Of The Sacred Heart Of New Orleans Foundation Inc legitimate?
Academy Of The Sacred Heart Of New Orleans Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of The Sacred Heart Of New Orleans Foundation 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.
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Official website here: www.ashrosary.org
What is the mission statement of Academy Of The Sacred Heart Of New Orleans Foundation Inc?
The Academy of the Sacred Heart of New Orleans Foundation Inc's mission is centered around providing benevolent and charitable support. Specifically, their goal is to aid the Academy of the Sacred Heart of New Orleans Inc in various aspects, particularly financial assistance and school operations. This support aims to enhance the educational experience and overall operations of the school. The foundation's activities are geared towards fostering the school's growth and development.
Official website here: www.ashrosary.org
Who is the CEO of Academy Of The Sacred Heart Of New Orleans Foundation Inc?
Marguerite K Kingsmill is the President of Academy Of The Sacred Heart Of New Orleans Foundation Inc.
Official website here: www.ashrosary.org
What is the revenue of Academy Of The Sacred Heart Of New Orleans Foundation Inc?
Academy Of The Sacred Heart Of New Orleans Foundation Inc's revenue in 2023 was $897,352.
Official website here: www.ashrosary.org
Who are the executives of Academy Of The Sacred Heart Of New Orleans Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.ashrosary.org
Where can I find the form 990 for Academy Of The Sacred Heart Of New Orleans Foundation Inc?
Academy Of The Sacred Heart Of New Orleans Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ashrosary.org
Learn more at the official website: www.ashrosary.org
Mission Statement of Academy Of The Sacred Heart Of New Orleans Foundation Inc
The Academy of the Sacred Heart of New Orleans Foundation Inc is committed to providing benevolent and charitable support for the Academy of the Sacred Heart of New Orleans, Inc. In essence, its mission is to aid the aforementioned school in various financial and operational aspects. By doing so, the Foundation contributes to the overall well-being and smooth functioning of the Academy, ensuring that it can continue its educational mission effectively.
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Impact
October, 2024
Academy Of The Sacred Heart Of New Orleans Foundation Inc plays a crucial role in enhancing the educational environment and opportunities at the Academy of the Sacred Heart in New Orleans. By providing financial aid and supporting operational needs, the foundation ensures that students have access to quality education regardless of their financial background. This support helps maintain the school's mission of fostering academic excellence and personal growth among its students. Additionally, the foundation's efforts contribute to the overall enrichment of the community by empowering young women through education, leadership, and values-based learning. Through its benevolent initiatives, the foundation helps create a more inclusive and accessible educational setting, ultimately impacting the lives of students and families in the New Orleans area.
This information is meant to be a general summary of Academy Of The Sacred Heart Of New Orleans Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $897,352
- Gross Receipts: $14,754,259
Assets and Liabilities:
- Total Assets: $8,614,508
- Total Liabilities: $0
- Net Assets: $8,614,508
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Organization Details
Founding Year
2009
Phone
(504) 891-1943Principal Officer
Marguerite K Kingsmill
Main Address
4521 ST CHARLES AVENUE, NEW ORLEANS, LA, 701154831
Website
www.ashrosary.orgNTEE Category
Code: B112 - Education
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