Holy Angels Academy

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

EIN: 610845326 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Holy Angels Academy?

Holy Angels Academy is a nonprofit institution, founded in 1998 in Louisville, Kentucky, primarily focused on the education of children. Their educational program is comprehensive, covering teacher salaries, building costs, equipment, educational materials, and advertising. The academy is dedicated to delivering top-notch education to its students, ensuring a well-rounded learning experience. The organization's commitment extends beyond the classroom, including various aspects such as infrastructure, resources, and promotional activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)

Holy Angels Academy received a two-star rating from Charity Navigator, indicating that the organization has areas that require improvement. The accountability and finance score is also 67%, reflecting both strengths and weaknesses in its governance and financial practices. Notably, the charity has a fully independent board, which is a positive aspect, but several critical policies and financial transparency measures are missing.

The organization boasts an impressive program expense ratio of 96.68%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. However, serious concerns arise due to the absence of essential documents such as financial statements, a conflict of interest policy, a whistleblower policy, and retention policies, all of which are fundamental for maintaining transparency and accountability.

The lack of a publicly accessible website listed on the tax form and the absence of posted tax documents further contribute to the need for improvement in Holy Angels Academy's overall governance. While the charity shows promise in program expenditures, addressing these significant gaps is crucial for building trust and demonstrating accountability to its donors and stakeholders.


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

Is Holy Angels Academy legitimate?

Holy Angels Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Angels 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: $415,371

For more financial information, click here

What is the mission statement of Holy Angels Academy?

Holy Angels Academy's mission is centered around providing quality education to its students. Established in 1998, the academy invests in various aspects such as teacher salaries, building costs, equipment, books, and advertising to ensure a comprehensive learning environment. Their commitment is to deliver high-quality education to the children enrolled, with a focus on fostering their intellectual growth. The academy's mission does not limit itself to the classroom; it extends to encompassing all the necessary resources for a well-rounded educational experience.

Who is the CEO of Holy Angels Academy?

Joseph Norton is the Vice-Chair / Head Master of Holy Angels Academy.

What is the revenue of Holy Angels Academy?

Holy Angels Academy's revenue in 2022 was $1,148,992.

Who are the executives of Holy Angels Academy and what are their salaries?

The average compensation at Holy Angels Academy during 2022 was $27,691. There are 15 employees at Holy Angels Academy.


Here are 6 key members and their salaries:


Joseph Norton (Vice-Chair / Head Master)
  • Compensation: $74,757
  • Related: $0
  • Other: $0
Martha Spalding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Malone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Norton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Glotzbach (Secretary)
  • Compensation: $37,214
  • Related: $0
  • Other: $0
Robert Osting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Holy Angels Academy?

Holy Angels Academy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Holy Angels Academy

Holy Angels Academy, a nonprofit organization, is dedicated to providing a comprehensive education to children. Established in 1998 in Louisville, KY, the academy invests in various aspects of education, including teacher salaries, building costs, equipment, books, and advertising. The primary mission of Holy Angels Academy is to deliver high-quality education to its students, ensuring their academic growth and development. The academy is committed to fostering an environment that nurtures and supports each child's unique learning needs.

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Impact




July, 2024

Holy Angels Academy has made a significant impact on the education sector in Louisville, KY since its establishment in 1998. By providing a comprehensive education program that covers teacher salaries, building costs, equipment costs, books, and advertising, the academy has been able to educate children and prepare them for a successful future. Through its commitment to delivering high-quality education, Holy Angels Academy has positively impacted the lives of its students, equipping them with the knowledge and skills needed to thrive in their academic and professional pursuits. The academy's dedication to education is truly making a difference in the lives of the children it serves.




This information is meant to be a general summary of Holy Angels 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.

Revenue
$1,148,992 (2022)
Expenses
$801,979 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,000
  • Program Service Revenue: $261,002
  • Gross Receipts: $1,156,570

Assets and Liabilities:

  • Total Assets: $2,646,236
  • Total Liabilities: $58,015
  • Net Assets: $2,588,221

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Programs

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

TUITION

Revenue

$216,659

BOOK AND LATE FEES

Revenue

$21,025

SPORTS FEES & MISC

Revenue

$15,762

REGISTRATION FEES

Revenue

$7,310

APPLICATION & TEST FEE

Revenue

$246

Organization Details

Founding Year

1973

Principal Officer

Joseph Norton

Main Address

12201 OLD HENRY ROAD, LOUISVILLE, KY, 40223

NTEE Category

Code: B20 - Education

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