Overview
What is St Mary's Alumni Association Inc?
St. Mary's Alumni Association Inc, located at 1025 N 2nd St, Bismarck, ND 58501, is a nonprofit organization primarily dedicated to supporting St. Mary's Central High School (SMCHS) students. Their primary mission is to ensure academic excellence, athletic success, and spiritual growth at SMCHS, and they strive to provide funding for student financial aid, scholarships, and facility improvements. By doing so, they ensure that any student who wishes to attend SMCHS has the opportunity, regardless of their financial situation. The Association plays a crucial role in supporting the educational journey of SMCHS students.
Official website here: www.smchs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating reflects a strong performance in accountability and finance, based entirely on their financial practices and governance. The nonprofit scored particularly well on metrics such as having a fully independent board and no material diversions of assets.
Strengths of the St Mary's Alumni Association include a solid financial health indicator with a program expense ratio of 100%, suggesting that all of its expenses are directed towards its programmatic activities. Additionally, the organization maintains a strong fiscal responsibility, evidenced by a liabilities to assets ratio of 0.00%, indicating no debt. The presence of documented board meeting minutes adds to the transparency of their operations.
However, there are notable limitations regarding governance practices, as the association lacks essential policies, including conflict of interest, whistleblower, and document retention policies. The absence of these policies may raise concerns about comprehensive governance and accountability procedures, which are important for maintaining trust and integrity in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is St Mary's Alumni Association Inc legitimate?
St Mary's Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary's Alumni Association 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: $0
For more financial information, click here
Official website here: www.smchs.org
What is the mission statement of St Mary's Alumni Association Inc?
The mission of St. Mary's Alumni Association Inc. is centered around promoting academic excellence, athletic success, and spiritual growth at St. Mary's Central High School (SMCHS). The association's primary role is to ensure that any student who wishes to attend SMCHS has the opportunity, as they provide funding for student financial aid, scholarships, and facility improvements. By doing so, they aim to make quality education accessible to all, fostering a conducive learning environment where students can thrive academically and personally.
Official website here: www.smchs.org
Who is the CEO of St Mary's Alumni Association Inc?
Michael Schmitz is the President of St Mary's Alumni Association Inc.
Official website here: www.smchs.org
What is the revenue of St Mary's Alumni Association Inc?
St Mary's Alumni Association Inc's revenue in 2022 was $75,214.
Official website here: www.smchs.org
Who are the executives of St Mary's Alumni Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.smchs.org
Where can I find the form 990 for St Mary's Alumni Association Inc?
St Mary's Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smchs.org
Learn more at the official website: www.smchs.org
Mission Statement of St Mary's Alumni Association Inc
St. Mary's Alumni Association Inc is an organization dedicated to ensuring that any student who desires to attend St. Mary's Central High School (SMCHS) has the opportunity to do so. At its core, the association aims for academic excellence, athletic success, and spiritual growth within the SMCHS educational environment. To achieve this, the Alumni Association provides funding for student financial aid, scholarships, and facility improvements. This commitment to support enables deserving students to attend SMCHS, thereby fostering a diverse and inclusive learning community.
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Impact
August, 2024
St Mary's Alumni Association Inc's impact is significant in providing funding for student financial aid, scholarships, and facility improvements at St. Mary's Central High School in Bismarck, ND. By supporting academic excellence, athletic success, and spiritual growth, the association ensures that every student with a desire to attend SMCHS has the opportunity to do so. Through their philanthropic efforts, they play a crucial role in making quality education accessible to deserving students and enhancing the overall educational experience at the school.
This information is meant to be a general summary of St Mary's Alumni Association 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 2022.
- Investment Income: $75,214
- Gross Receipts: $95,214
Assets and Liabilities:
- Total Assets: $2,250,049
- Total Liabilities: $0
- Net Assets: $2,250,049
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Organization Details
Founding Year
1992
Phone
(701) 224-9753Principal Officer
Michael Schmitz
Main Address
1025 N 2ND ST, BISMARCK, ND, 585013536
Website
www.smchs.orgNTEE Category
Code: T30Z - Philanthropy
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