Overview
What is St Michael Academy?
St. Michael Academy is a distinguished Catholic high school situated in Petoskey, Michigan, serving students from Little Traverse and Northern Michigan. Adhering to a classical curriculum, the school's mission is to foster the holistic development of its students, focusing on academic, moral, and overall excellence within a supportive and caring environment. The academy has met the necessary requirements set by the State Board of Education to function as a non-public school, aiming to prepare its students for college and beyond, emphasizing moral and intellectual growth. The academy's activities are exclusively religious, educational, and charitable in nature, culminating in the granting of high school diplomas. With a dedicated team of 18 employees, St. Michael Academy is deeply committed to shaping well-rounded individuals for success in their future endeavors.
Official website here: www.stmichaelchesterton.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating.
St. Michael Academy has received a Two-Star rating from Charity Navigator, indicating a fair performance in terms of accountability and finance. The organization scores particularly well in areas of governance, with a 100% independent board and effective policies in place regarding conflict of interest and whistleblower protections. However, it lacks financial transparency due to missing financial statements and tax forms on its website, which significantly impacts its overall rating.
One of the strengths of St. Michael Academy is its impressive program expense ratio of 96.93%, suggesting that the majority of its expenditures are directed towards its programs rather than administrative costs. This focus on program spending is a positive indicator of the charity's commitment to its mission. Additionally, there are no reported material diversions of assets, which adds to its credibility.
Despite these strengths, the high liabilities to assets ratio of 218.37% raises concerns about the organization's financial health. This figure suggests that the organization may be carrying a significant amount of debt compared to its assets. Overall, while St. Michael Academy demonstrates strong governance practices and a commitment to program spending, its financial transparency and health require improvement.
This AI summary has been generated from information found on Charity Navigator.
Is St Michael Academy legitimate?
St Michael Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Michael 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: $371,356
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Official website here: www.stmichaelchesterton.org
What is the mission statement of St Michael Academy?
St. Michael Academy, a non-public school that meets the state board of education's adequacy requirements, is committed to preparing its students for both college and life. This is achieved by fostering the holistic development of students, upholding high standards of moral and intellectual excellence. The academy exclusively engages in religious, educational, and charitable activities, following a classical curriculum and granting high school diplomas. Its mission is essentially to shape well-rounded individuals who can thrive in various aspects of life.
Official website here: www.stmichaelchesterton.org
Who is the CEO of St Michael Academy?
Julie Wieman is the Treasurer of St Michael Academy.
Official website here: www.stmichaelchesterton.org
What is the revenue of St Michael Academy?
St Michael Academy's revenue in 2023 was $834,143.
Official website here: www.stmichaelchesterton.org
Who are the executives of St Michael Academy and what are their salaries?
The average compensation at St Michael Academy during 2023 was $20,631. There are 18 employees at St Michael Academy.
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Official website here: www.stmichaelchesterton.org
Where can I find the form 990 for St Michael Academy?
St Michael Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stmichaelchesterton.org
Learn more at the official website: www.stmichaelchesterton.org
Mission Statement of St Michael Academy
St. Michael Academy, a non-public school that meets the adequacy requirements of the State Board of Education, has a mission to prepare its students for both college and life. This is achieved by fostering the development of the whole person according to high standards of moral and intellectual excellence. The academy's intention is to engage exclusively in religious, educational, and charitable activities. Following a classical curriculum, St. Michael Academy grants high school diplomas to its students, thereby equipping them for their future endeavors.
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Impact
July, 2024
St. Michael Academy's impact can be seen in the students it serves, as it prepares them for college and for life through the development of the whole person according to high standards of moral and intellectual excellence. By following a classical curriculum and fostering academic, moral, and all-around excellence within a caring environment, St. Michael Academy is shaping the future leaders of tomorrow. Its commitment to religious, educational, and charitable activities further enriches the community it serves.
This information is meant to be a general summary of St Michael 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $21
- Program Service Revenue: $118,058
- Gross Receipts: $853,351
Assets and Liabilities:
- Total Assets: $135,299
- Total Liabilities: $295,457
- Net Assets: -$160,158
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEEES
Revenue
$118,058
Organization Details
Founding Year
2013
Phone
(231) 881-9025Principal Officer
Julie Wieman
Main Address
2225 SUMMIT PARK DRIVE, PETOSKEY, MI, 49770
Website
www.stmichaelchesterton.orgNTEE Category
Code: B25 - Education
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