Overview
What is Regina Coeli Academy?
Regina Coeli Academy is a nonprofit organization situated in Abington, Pennsylvania, with a strong affiliation with the Roman Catholic Church. It offers education and various components of the corporal and spiritual works of mercy, adhering to the teachings and doctrines of the Church. The academy, driven by faith, hope, and love, provides a classical education, fostering an educational environment that aligns with the Roman Catholic Church's doctrine. With a team of 22 dedicated individuals, Regina Coeli Academy aims to enrich the lives of its students and community, instilling values and knowledge in accordance with their religious beliefs.
Official website here: www.reginacoeliacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating. Regina Coeli Academy received a score of 69% for accountability and finance, which indicates some strengths and weaknesses in its financial practices and transparency. The organization has a fully independent board, earning top marks in both the majority independent board members and independent board size categories.
However, Regina Coeli Academy's financial statements were poorly rated, scoring zero out of a possible 15 points, which raises concerns about the availability and clarity of its financial information. Additionally, the lack of essential policies such as a conflict of interest policy and a whistleblower policy further detracts from its accountability rating.
Despite these shortcomings, the organization demonstrates a strong commitment to its programs, with a program expense ratio of 83.24%, indicating that a significant portion of its expenses goes directly to its programs. The liabilities to assets ratio is also favorable at 3.39%. Overall, while Regina Coeli Academy shows dedication to its mission, improvements in transparency and financial accountability are necessary for a stronger assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Regina Coeli Academy legitimate?
Regina Coeli Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regina Coeli Academy 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: $624,026
For more financial information, click here
Official website here: www.reginacoeliacademy.com
What is the mission statement of Regina Coeli Academy?
Regina Coeli Academy, grounded in faith and motivated by hope, is committed to providing a classical education in alignment with the teachings of the Roman Catholic Church. The academy's mission is not limited to education; it also embodies the corporal and spiritual works of mercy, carrying out these acts in accordance with the doctrine of the Roman Catholic Church. The academy aims to foster an environment that inspires love and nurtures its students, instilling in them the values and knowledge upheld by the church.
Official website here: www.reginacoeliacademy.com
Who is the CEO of Regina Coeli Academy?
Timothy J Murnane is the Chairman of Regina Coeli Academy.
Official website here: www.reginacoeliacademy.com
What is the revenue of Regina Coeli Academy?
Regina Coeli Academy's revenue in 2022 was $1,377,474.
Official website here: www.reginacoeliacademy.com
Who are the executives of Regina Coeli Academy and what are their salaries?
The average compensation at Regina Coeli Academy during 2022 was $28,365. There are 22 employees and 25 volunteers at Regina Coeli Academy.
Here are 9 key members and their salaries:
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Official website here: www.reginacoeliacademy.com
Where can I find the form 990 for Regina Coeli Academy?
Regina Coeli Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reginacoeliacademy.com
Learn more at the official website: www.reginacoeliacademy.com
Mission Statement of Regina Coeli Academy
Regina Coeli Academy, grounded in faith, hope, and love, is committed to delivering a classical education in line with the teachings of the Roman Catholic Church. This educational institution's mission is to provide an academic environment that embodies the doctrinal principles of the Roman Catholic Church, inspiring both mind and spirit in its students. Beyond academics, Regina Coeli Academy also strives to fulfill the corporal and spiritual works of mercy, ensuring its educational philosophy aligns with the church's teachings in all aspects of its operations.
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Impact
October, 2024
Regina Coeli Academy significantly enriches its community by providing a classical education rooted in the teachings of the Roman Catholic Church. Its mission, founded on principles of faith, hope, and love, emphasizes not only academic excellence but also the nurturing of spiritual growth among students.
The academy promotes an environment where students engage deeply with their curriculum, which integrates the values of the Church and encourages moral development. By offering educational opportunities that align with the doctrines of Catholicism, Regina Coeli Academy inspires students to be well-rounded individuals—intellectually, morally, and spiritually.
In addition to academic instruction, the institution embodies the corporate and spiritual works of mercy, fostering a sense of community service and social responsibility among its students. The impact of Regina Coeli Academy extends beyond the classroom, shaping the character and values of its students and advocating for a holistic approach to education that aligns with their faith. In doing so, the academy contributes to the broader mission of forming compassionate, informed, and engaged members of society.
This information is meant to be a general summary of Regina Coeli Academy. 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: $14
- Program Service Revenue: $976,189
- Gross Receipts: $1,413,070
Assets and Liabilities:
- Total Assets: $117,763
- Total Liabilities: $9,800
- Net Assets: $107,963
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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
$976,189
Organization Details
Founding Year
2003
Phone
(215) 277-1386Principal Officer
Timothy J Murnane
Main Address
1525 MARIAN ROAD, ABINGTON, PA, 19001
Website
www.reginacoeliacademy.comNTEE Category
Code: B24 - Education
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