Overview
What is Permian Basin Catholic High School?
Permian Basin Catholic High School, also known as Holy Cross Catholic High School, is a nonprofit institution situated in Midland, Texas. With a mission to provide exceptional Catholic education, the school encourages its students to embody Christian values through service to others. It strives to develop well-rounded individuals, focusing on their spiritual, academic, social, and physical growth in accordance with Catholic teachings. With a workforce of approximately ten individuals, the school serves as a beacon of education for the youth in the Permian Basin region.
Official website here: www.holycrosscatholichigh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Permian Basin Catholic High School has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is based solely on its Accountability & Finance metrics, with a total score of 71%. The organization demonstrates a strong commitment to governance, with a fully independent board and no material diversion of assets reported.
Strengths include excellent program expense ratios, indicating that 100% of expenses are allocated towards programs, and the organization effectively documents board meeting minutes. Additionally, there are no loans to or from officers, which reflects good governance practices. However, the school faces challenges in fundraising efficiency, indicated by a notably low score in this area.
While the organization shows a solid effort in maintaining transparency and responsible financial practices, its fundraising efficiency ratio raises concerns about its ability to generate funds effectively. The liabilities to assets ratio is also a point of interest at 47.11%, suggesting that the school should monitor its financial obligations more closely to ensure sustainable operations moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Permian Basin Catholic High School legitimate?
Permian Basin Catholic High School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Permian Basin Catholic High School 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: $1,168,455
For more financial information, click here
Official website here: www.holycrosscatholichigh.org
What is the mission statement of Permian Basin Catholic High School?
Permian Basin Catholic High School's mission is centered around providing superior Catholic education to the youth of the Permian Basin. The school encourages each student to embody the role of a Christian witness, serving others as a way of life. Their objective is to shape young men and women, encompassing spiritual, academic, social, and physical growth, aligning with the teachings of the Catholic church.
Official website here: www.holycrosscatholichigh.org
Who is the CEO of Permian Basin Catholic High School?
Jim Cox is the President of Permian Basin Catholic High School.
Official website here: www.holycrosscatholichigh.org
What is the revenue of Permian Basin Catholic High School?
Permian Basin Catholic High School's revenue in 2023 was $4,002,395.
Official website here: www.holycrosscatholichigh.org
Who are the executives of Permian Basin Catholic High School and what are their salaries?
The average compensation at Permian Basin Catholic High School during 2023 was $116,846. There are 10 employees and 25 volunteers at Permian Basin Catholic High School.
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Official website here: www.holycrosscatholichigh.org
Where can I find the form 990 for Permian Basin Catholic High School?
Permian Basin Catholic High School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.holycrosscatholichigh.org
Learn more at the official website: www.holycrosscatholichigh.org
Mission Statement of Permian Basin Catholic High School
Permian Basin Catholic High School (PBCHS) is dedicated to serving as a beacon of excellent Catholic education for the youth residing in the Permian Basin region. Its mission is to shape and mold young individuals, instilling in them the values of living as a Christian witness and serving others selflessly. PBCHS strives to develop well-rounded students, nurturing them spiritually, academically, socially, and physically, in alignment with the teachings of the Catholic Church. In essence, the school's mission is to foster a conducive learning environment that fosters the holistic growth of its students, preparing them to lead meaningful lives and contribute positively to their communities and society as a whole.
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Impact
July, 2024
Permian Basin Catholic High School has a significant impact on the youth of the Permian Basin by providing excellent Catholic education and challenging students to live as Christian witnesses in service to others. The school forms young men and women spiritually, academically, socially, and physically in accordance with the teachings of the Catholic Church. Through its mission, PBCHS is shaping the future leaders of the community and instilling values that will guide them throughout their lives.
This information is meant to be a general summary of Permian Basin Catholic High School. 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: $16,203
- Program Service Revenue: $565,161
- Gross Receipts: $4,013,488
Assets and Liabilities:
- Total Assets: $2,399,490
- Total Liabilities: $1,130,432
- Net Assets: $1,269,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$490,017
OPERATIONS INCOME
Revenue
$75,144
Organization Details
Founding Year
2015
Phone
(888) 254-8535Principal Officer
Jim Cox
Main Address
4014 TODD DR, MIDLAND, TX, 79705
NTEE Category
Code: B25 - Education
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