Overview
What is Royalmont Academy Inc?
Royalmont Academy Inc, located in Mason, Ohio, is a nonprofit organization dedicated to providing high-quality education and holistic formation to students from preschool to twelfth grade. Their mission is to develop well-rounded Catholic leaders who are convinced of truth, with the ambition to make a significant impact in shaping a civilization of justice and love. With a team of 35 employees, they strive to create a nurturing environment for students, enabling them to grow both academically and spiritually.
Official website here: www.royalmont.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Royalmont Academy Inc received a two-star rating from Charity Navigator, indicating a need for improvement despite a commendable accountability and finance score of 100%. The organization demonstrates strong governance with a fully independent board, and it maintains high program expense efficiency, with 87.28% of expenses directed towards its programs.
However, significant areas for concern include the lack of financial statements, which impacted their transparency and accountability ratings. Although the organization has policies in place for conflict of interest and whistleblowing, the absence of posted tax forms on its website raises questions about its financial disclosure practices. Addressing these gaps could enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Royalmont Academy Inc legitimate?
Royalmont Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royalmont 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,024,187
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Official website here: www.royalmont.com
What is the mission statement of Royalmont Academy Inc?
Royalmont Academy Inc's mission is centered around providing quality education and integral formation to students from pre-school to twelfth grade. This institution aims to develop well-rounded Catholic leaders, instilling in them a deep conviction in the truth. These individuals are expected to leave a significant impact in shaping a civilization that embodies justice and love.
Official website here: www.royalmont.com
Who is the CEO of Royalmont Academy Inc?
Robert E Obert is the Treasurer of Royalmont Academy Inc.
Official website here: www.royalmont.com
What is the revenue of Royalmont Academy Inc?
Royalmont Academy Inc's revenue in 2022 was $2,078,599.
Official website here: www.royalmont.com
Who are the executives of Royalmont Academy Inc and what are their salaries?
The average compensation at Royalmont Academy Inc during 2022 was $29,262. There are 35 employees at Royalmont Academy Inc.
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Official website here: www.royalmont.com
Where can I find the form 990 for Royalmont Academy Inc?
Royalmont Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.royalmont.com
Learn more at the official website: www.royalmont.com
Mission Statement of Royalmont Academy Inc
Royalmont Academy Inc, a educational institution catering to students from pre-school to twelfth grade, is committed to shaping well-rounded leaders with a strong Catholic foundation. Their mission is to foster integral formation in these students, instilling in them a deep-seated conviction in the truth. This mission is not just limited to academic excellence, but also extends to developing individuals who will leave an indelible mark in the creation of a civilization characterized by justice and love. By providing quality education, Royalmont Academy Inc aims to nurture future leaders who embody these values, thereby contributing positively to society.
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Impact
July, 2024
Royalmont Academy Inc's impact is significant in shaping future generations of Catholic leaders who are not only academically proficient but also hold strong convictions of truth and a commitment to fostering a civilization of justice and love. By providing quality education and integral formation for students from pre-school through twelfth grade, Royalmont Academy Inc is contributing to the development of well-rounded individuals who have the potential to make a positive impact on society. The organization's mission to form integral Catholic leaders underscores its dedication to nurturing students who will leave a lasting mark in shaping a better world.
This information is meant to be a general summary of Royalmont 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.
- Program Service Revenue: $1,165,683
- Gross Receipts: $2,122,858
Assets and Liabilities:
- Total Assets: $1,876,156
- Total Liabilities: $1,606,306
- Net Assets: $269,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$961,741
GOVERNMENT APPROPRIATI
Revenue
$161,731
MISCELLANEOUS
Revenue
$42,211
Organization Details
Founding Year
1995
Phone
(513) 754-0555Principal Officer
Robert E Obert
Main Address
200 NORTHCREST DRIVE, MASON, OH, 45040
Website
www.royalmont.comNTEE Category
Code: B24Z - Education
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