Overview
What is Our Lady Of Mercy School Of Madison Inc?
Our Lady of Mercy School of Madison Inc. is a nonprofit institution situated in Madison, Connecticut. As a Catholic-based, co-educational school, it offers education to students from pre-K to eighth grade. The school's mission is to foster a nurturing environment that cultivates kind, thoughtful, and creative innovators with a passion for learning. The school serves approximately 162 students during the regular school year, providing them with a well-rounded education. The school employs a dedicated workforce of 49 individuals, working tirelessly to uphold its mission.
Official website here: www.olmprep.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Our Lady Of Mercy School Of Madison Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived entirely from its Accountability & Finance beacon, which reflects the organization's commitment to transparency and responsible financial practices. The rating suggests that while the charity is performing well, there may be areas for improvement in financial management or operational efficiency.
The organization excels in several key areas, including having a fully independent board, with all eight members meeting the independence criteria. Additionally, it has no material diversion of assets and maintains comprehensive policies on conflict of interest and whistleblower protections. This strong governance structure contributes positively to its financial accountability and operational integrity.
However, there is a notable liability to assets ratio of 53.45%, which suggests that the organization carries a significant amount of liabilities relative to its assets. While this is not unusual for nonprofits, it indicates a potential area of concern that stakeholders might want to monitor. Nonetheless, with a program expense ratio of 82.45%, a substantial portion of its funds is directed towards its mission, reflecting a strong commitment to delivering value to its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Our Lady Of Mercy School Of Madison Inc?
100% of reviewers on Facebook recommend Our Lady Of Mercy School Of Madison Inc. Here is a summary of their reviews:
Many families express deep gratitude for the school's presence in the community, highlighting how it has positively impacted not only their children but also the broader shoreline area. The school is admired for its strong foundation in faith, love, moral dignity, and compassion, which is reflected in its values and approach to education.
Furthermore, the exceptional curriculum and diverse extracurricular offerings, including sports programs for all ages, are frequently noted as features that set this school apart from other private institutions. Overall, the sentiment is overwhelmingly positive, with parents feeling fortunate to be part of the OLM community, with one reviewer even wishing to give it more than the maximum five-star rating.
This AI summary has been generated from reviews found on Facebook.
Is Our Lady Of Mercy School Of Madison Inc legitimate?
Our Lady Of Mercy School Of Madison Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Mercy School Of Madison 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: $1,101,003
For more financial information, click here
Official website here: www.olmprep.com
What is the mission statement of Our Lady Of Mercy School Of Madison Inc?
Our Lady of Mercy School of Madison Inc., an independent and Catholic-based educational institution, caters to students from pre-K to eighth grade, welcoming students of all faiths. The school's mission, incorporated into its curriculum, is to foster children into kind, thoughtful, and creative innovators. This nurturing process aims to instill in them a strong desire for knowledge and the ability to synthesize their learning. Moreover, the school encourages its students to spread their Catholic faith as part of their development.
Official website here: www.olmprep.com
Who is the CEO of Our Lady Of Mercy School Of Madison Inc?
John Picard is the President of Our Lady Of Mercy School Of Madison Inc.
Official website here: www.olmprep.com
What is the revenue of Our Lady Of Mercy School Of Madison Inc?
Our Lady Of Mercy School Of Madison Inc's revenue in 2022 was $1,998,776.
Official website here: www.olmprep.com
Who are the executives of Our Lady Of Mercy School Of Madison Inc and what are their salaries?
The average compensation at Our Lady Of Mercy School Of Madison Inc during 2022 was $22,469. There are 49 employees at Our Lady Of Mercy School Of Madison Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.olmprep.com
Where can I find the form 990 for Our Lady Of Mercy School Of Madison Inc?
Our Lady Of Mercy School Of Madison Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.olmprep.com
Learn more at the official website: www.olmprep.com
Mission Statement of Our Lady Of Mercy School Of Madison Inc
Our Lady of Mercy School of Madison Inc, an independent and Catholic-based institution, is committed to providing education to students from pre-K through eighth grade. Its mission is to foster a nurturing environment that cultivates kind, thoughtful, and innovative individuals. These students are encouraged to develop a thirst for knowledge, enabling them to synthesize their learning effectively. The school's curriculum is designed to instill core values, ultimately shaping the students into individuals who can spread their Catholic faith with grace and wisdom.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Our Lady Of Mercy School Of Madison Inc's impact is significant in providing education to students in pre-K through eighth grade. With a mission to nurture children into kind, thoughtful, and creative innovators who have a thirst for knowledge while spreading their Catholic faith, the school plays a vital role in shaping the future of approximately 162 students in Madison, CT. By offering a holistic educational experience that welcomes all faiths, Our Lady Of Mercy School contributes to the intellectual, moral, and spiritual development of its students, preparing them to become well-rounded individuals equipped to contribute positively to society.
This information is meant to be a general summary of Our Lady Of Mercy School Of Madison 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: $1,334,014
- Gross Receipts: $2,007,315
Assets and Liabilities:
- Total Assets: $253,697
- Total Liabilities: $205,401
- Net Assets: $48,296
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,333,069
OTHER
Revenue
$945
Organization Details
Founding Year
2018
Phone
(203) 689-5101Principal Officer
John Picard
Main Address
20 ISLAND AVENUE, MADISON, CT, 06443
Website
www.olmprep.comNTEE Category
Code: B24 - Education
If you are a representative of Our Lady Of Mercy School Of Madison Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.