Overview
What is Ville De Marie Academy Inc?
Ville De Marie Academy Inc is a distinguished nonprofit organization that operates a Catholic school. Their primary mission is to offer a comprehensive classical liberal arts and religious education to students from kindergarten to twelfth grade. By doing so, they contribute significantly to the development of well-rounded individuals with strong moral values. The academy's operations encompass more than just education, as it aims to foster a nurturing environment that encourages personal growth and spiritual development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating. Ville De Marie Academy Inc has received a low rating primarily due to significant shortcomings in transparency and financial reporting. While it has a strong independent board and does not show material diversion of assets, the lack of accessible financial statements and key governance policies has adversely impacted its overall score.
The organization exhibits strengths in board independence and program expense ratio, indicating a commitment to directing funds toward its mission. Specifically, the program expense ratio is notably high at 78.94%, suggesting effective allocation of resources toward programs. However, the absence of critical documents, such as financial statements and a conflict of interest policy, raises concerns about accountability and governance.
Moreover, the liabilities to assets ratio of 70.38% signals potential financial instability, further complicating the organization's operational health. The lack of vital information on its website, which is missing from the tax form, limits transparency and may impact donor trust. Overall, while Ville De Marie Academy Inc has a strong program focus, its governance and transparency issues present significant challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Ville De Marie Academy Inc legitimate?
Ville De Marie Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ville De Marie 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: $95,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ville De Marie Academy Inc?
Ville De Marie Academy Inc. operates a Catholic school that is committed to providing a classical liberal arts and religious education to students in grades K-12. The academy's mission is centered around imparting knowledge in a holistic manner, incorporating both secular and spiritual subjects. The academy aims to foster an environment that encourages intellectual growth and spiritual development, preparing its students for their future endeavors. The education offered at Ville De Marie Academy is grounded in the liberal arts tradition, emphasizing critical thinking, effective communication, and moral values. The academy's mission also underscores the importance of instilling a strong religious foundation in its students, complementing their overall academic development.
Who is the CEO of Ville De Marie Academy Inc?
Dominic Macedonia is the President of Ville De Marie Academy Inc.
What is the revenue of Ville De Marie Academy Inc?
Ville De Marie Academy Inc's revenue in 2023 was $1,820,693.
Who are the executives of Ville De Marie Academy Inc and what are their salaries?
The average compensation at Ville De Marie Academy Inc during 2023 was $3,810. There are 25 employees and 10 volunteers at Ville De Marie Academy Inc.
Here are 6 key members and their salaries:
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- Compensation: $98,756
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- Other: $0
Where can I find the form 990 for Ville De Marie Academy Inc?
Ville De Marie Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ville De Marie Academy Inc
Ville De Marie Academy Inc, a nonprofit organization, is dedicated to the operation of a Catholic school. This educational institution provides a comprehensive learning experience for students in grades K-12, focusing on the classical liberal arts and religious education. By integrating traditional academic subjects with religious teachings, Ville De Marie Academy aims to foster a well-rounded understanding and appreciation of various disciplines and beliefs in its students.
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Impact
July, 2024
Ville De Marie Academy Inc's impact lies in its dedication to providing a classical liberal arts and religious education to students in grades K-12. By offering a rigorous academic curriculum intertwined with religious teachings, Ville De Marie Academy equips students with a well-rounded educational experience that nurtures their intellectual, moral, and spiritual development. This approach not only prepares students for academic success but also fosters their personal growth and ethical awareness. Through its commitment to education and faith-based values, Ville De Marie Academy contributes positively to the holistic development of its students and the community at large.
This information is meant to be a general summary of Ville De Marie 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 2023.
- Investment Income: $511
- Program Service Revenue: $1,258,671
- Gross Receipts: $1,820,693
Assets and Liabilities:
- Total Assets: $4,868,270
- Total Liabilities: $3,426,295
- Net Assets: $1,441,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Income
Revenue
$1,189,110
Application/Enrollment
Revenue
$17,700
Athletics Income
Revenue
$23,231
Other Income
Revenue
$28,630
Organization Details
Founding Year
1991
Phone
(480) 947-9441Principal Officer
Dominic Macedonia
Main Address
8524 E Thomas Road, Scottsdale, AZ, 85251
NTEE Category
Code: B20Z - Education
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