Overview
What is Mother Catherine Academy Inc?
Mother Catherine Academy Inc, located in Mechanicsville, Maryland, is a nonprofit organization that prioritizes education and instruction for children and young adults. This institution, with a dedicated workforce of 33 individuals, offers a comprehensive curriculum that includes religious education. The academy's mission is to establish, maintain, and operate an elementary and/or junior high school, aiming to educate, instruct, and guide the young minds of the community in various disciplines. The academy's commitment to education extends beyond the confines of its curriculum, providing a nurturing environment for personal growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Mother Catherine Academy Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and financial health. With a score of 79%, the organization demonstrates effective management practices and a commitment to transparency. Significant strengths include a fully independent board and strong policies regarding conflicts of interest and whistleblower protections, contributing to a trustworthy governance structure.
The majority of the charity's funds are allocated toward its programs, as indicated by a program expense ratio of 86.54%. This suggests that a large portion of donations directly supports the Academy's mission, reflecting positively on its operational efficiency. Additionally, there are no reported issues with asset diversion, which further enhances the organization's credibility.
Despite its strong scores, the rating leaves room for improvement in areas that could bolster its overall rating. However, the organization appears to be on a stable path, maintaining a healthy liabilities-to-assets ratio of 23.27%, which is indicative of sound financial practices. Overall, Mother Catherine Academy Inc demonstrates a commitment to accountability and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Mother Catherine Academy Inc legitimate?
Mother Catherine Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mother Catherine 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $1,088,690
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What is the mission statement of Mother Catherine Academy Inc?
Mother Catherine Academy Inc is established with the purpose of operating an elementary school or junior high school. Their mission is to educate and instruct children and young adults, both male and female, in a comprehensive curriculum. This curriculum includes religious education, ensuring a holistic learning experience. The organization is dedicated to providing quality education, focusing on the spiritual growth of the students alongside their academic development.
Who is the CEO of Mother Catherine Academy Inc?
John Leonard is the Trustee of Mother Catherine Academy Inc.
What is the revenue of Mother Catherine Academy Inc?
Mother Catherine Academy Inc's revenue in 2022 was $1,588,636.
Who are the executives of Mother Catherine Academy Inc and what are their salaries?
The average compensation at Mother Catherine Academy Inc during 2022 was $32,991. There are 33 employees and 20 volunteers at Mother Catherine Academy Inc.
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Where can I find the form 990 for Mother Catherine Academy Inc?
Mother Catherine Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mother Catherine Academy Inc
Mother Catherine Academy Inc is established with a mission to create, operate, and conduct an elementary school and/or junior high school. The primary objective of this organization is to educate, teach, and instruct children and young adults, both male and female, in a comprehensive curriculum. This curriculum includes religious education, aiming to provide a well-rounded learning experience for its students. The academy's mission is to contribute to the intellectual and spiritual growth of its students, ensuring they receive a broad and inclusive education.
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Impact
July, 2024
Mother Catherine Academy Inc has a significant impact on the community by providing high-quality education and religious instruction to children and young adults in Mechanicsville, MD. Through its elementary and junior high school programs, the organization plays a crucial role in shaping the academic and moral development of its students. By offering a broad curriculum that includes religious education, Mother Catherine Academy Inc helps ensure that students receive a well-rounded education that prepares them for success in both their academic and personal lives. The organization's dedication to education and its mission to educate, teach, and instruct children demonstrate its commitment to making a positive impact on the lives of its students and the broader community.
This information is meant to be a general summary of Mother Catherine 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $209
- Program Service Revenue: $1,105,917
- Gross Receipts: $1,709,235
Assets and Liabilities:
- Total Assets: $1,120,385
- Total Liabilities: $312,206
- Net Assets: $808,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Regist
Revenue
$967,962
Book and Tech Fees
Revenue
$42,864
Registration Fees
Revenue
$25,180
Organization Details
Founding Year
2015
Principal Officer
John Leonard
Main Address
38833 Chaptico Road, Mechanicsville, MD, 20659
NTEE Category
Code: B20 - Education
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