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Hvs Corp

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

EIN: 383543994 ✦ Ypsilanti, MI ✦ Designated as a 501(c)(3)

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Overview

What is Hvs Corp?

Hvs Corp, located at 1300 N Prospect Road, Ypsilanti, MI, is a nonprofit organization dedicated to delivering high-quality Catholic education to students from pre-kindergarten through eighth grade. During the 2021-2022 academic year, the school served approximately 204 students. With a team of 24 employees, Hvs Corp's primary mission is to offer a Catholic education to the children in the Ann Arbor-Ypsilanti area, fostering a nurturing and enriching learning environment for its students.


Official website here: www.hvcatholicschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

The rating reflects Hvs Corp's moderate performance in accountability and financial management, with a score of 69%. The organization has a fully independent board, which is a strength, particularly in governance practices. It also demonstrates strong asset management with a favorable liabilities-to-assets ratio and a solid program expense ratio, indicating that funds are being utilized effectively for its mission.

However, the organization has notable limitations, particularly in its absence of key policies such as conflict of interest, whistleblower protection, and document retention and destruction. These missing policies may raise concerns about transparency and accountability, which are crucial for building trust with donors and stakeholders. Additionally, the failure to post the tax form on its website could hinder public access to important financial information.

Overall, while Hvs Corp shows strengths in certain governance areas, the lack of essential policies could impact its overall rating and perception among potential supporters.


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

Is Hvs Corp legitimate?

Hvs Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hvs 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $579,831

For more financial information, click here


Official website here: www.hvcatholicschool.org

What is the mission statement of Hvs Corp?

Hvs Corp's mission is centered around providing a high-quality Catholic education to students in the pre-kindergarten through eighth grade age group. The organization strives to uphold this purpose throughout the Ann Arbor-Ypsilanti area. Their primary goal is to deliver an education that aligns with Catholic values and beliefs, serving approximately 204 students during the 2021-2022 academic year.


Official website here: www.hvcatholicschool.org

Who is the CEO of Hvs Corp?

Michael Smith is the Director of Hvs Corp.


Official website here: www.hvcatholicschool.org

What is the revenue of Hvs Corp?

Hvs Corp's revenue in 2022 was $1,436,904.


Official website here: www.hvcatholicschool.org

Who are the executives of Hvs Corp and what are their salaries?

The average compensation at Hvs Corp during 2022 was $24,160. There are 24 employees and 100 volunteers at Hvs Corp.


Here are 7 key members and their salaries:


Catherine Baldante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dax Almendras (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Burak (Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Benedetto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Price (Secretary/Edu Policy/Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christi Mangan (Vice Chair/Direcor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Lussier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hvcatholicschool.org

Where can I find the form 990 for Hvs Corp?

Hvs Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hvcatholicschool.org

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

Mission Statement of Hvs Corp

Hvs Corp, a nonprofit organization, is committed to providing a top-notch Catholic education to the young minds in the Ann Arbor-Ypsilanti area. The primary objective of this institution is to nurture children from pre-kindergarten to eighth grade, instilling in them strong Catholic values along with a well-rounded academic foundation. During the 2021-2022 academic year, approximately 204 students benefited from this mission, demonstrating the impact and reach of Hvs Corp in the community.

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Impact




July, 2024

Hvs Corp's impact is significant in the Ann Arbor-Ypsilanti area as it provides a high-quality Catholic education to children from pre-kindergarten through eighth grade. The school serves approximately 204 students during the 2021-2022 school year, ensuring that these children receive a strong foundation in academics and faith-based teachings. By offering this educational opportunity, Hvs Corp contributes to the intellectual and moral development of the youth in the community, shaping future leaders who are grounded in their Catholic values.




This information is meant to be a general summary of Hvs 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.

Revenue
$1,436,904 (2022)
Expenses
$1,334,472 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,013,093
  • Gross Receipts: $1,486,483

Assets and Liabilities:

  • Total Assets: $2,487,622
  • Total Liabilities: $31,094
  • Net Assets: $2,456,528

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Programs

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

Tuition

Revenue

$916,365

Required fundraising

Revenue

$54,120

Registration fees

Revenue

$42,608

Organization Details

Founding Year

2000

Principal Officer

Michael Smith

Main Address

1300 N Prospect Road, Ypsilanti, MI, 481983067

NTEE Category

Code: B24 - Education

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