Overview
What is Our Lady Of The Rosary Alaska?
Our Lady of the Rosary Alaska is a nonprofit organization situated in Anchorage, Alaska, with a postal address at 1010 West Fireweed Lane, 99503. The primary mission of this organization is to educate young individuals and their families, fostering intellectual, spiritual, and moral growth. They run a private grade school and high school, and around half of their program services are funded through donations and fundraising activities. In 2022, 155 students were enrolled in the school. Notably, the organization also operates a radio station, contributing to their educational services. The nonprofit employs 43 individuals, dedicated to fulfilling their mission.
Official website here: www.hraak.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Our Lady Of The Rosary Alaska has received a notable rating of 73% from Charity Navigator, reflecting a moderate level of accountability and financial health. The organization demonstrates strong governance with 100% of its board composed of independent members, which suggests a commitment to unbiased oversight. Additionally, the organization maintains a solid program expense ratio of 74.04%, indicating that a significant portion of its budget is directed toward its charitable programs.
However, the organization also exhibits some weaknesses that affect its overall score. Key documents, such as financial statements and the tax form posted on its website, are missing, which led to a low rating in this area. Furthermore, essential policies like the whistleblower policy and document retention and destruction policy are also absent, highlighting potential areas for improvement in transparency and operational governance.
Overall, while Our Lady Of The Rosary Alaska shows strengths in board independence and program expenditure, addressing the noted deficiencies in financial documentation and governance policies could enhance its accountability and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Our Lady Of The Rosary Alaska legitimate?
Our Lady Of The Rosary Alaska is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of The Rosary Alaska 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: $803,557
For more financial information, click here
Official website here: www.hraak.com
What is the mission statement of Our Lady Of The Rosary Alaska?
Our Lady of the Rosary Alaska, as a private, independent Catholic institution, is committed to educating young individuals and their families intellectually, spiritually, and morally. Holy Rosary Academy, which is part of this organization, shares this mission. The academy provides a comprehensive educational experience that aims to foster the intellectual, spiritual, and moral growth of its students. The organization operates a private grade school and high school, with approximately half of its program services being funded through donations and fundraising. In 2022, 155 students were enrolled at Our Lady of the Rosary Alaska.
Official website here: www.hraak.com
Who is the CEO of Our Lady Of The Rosary Alaska?
Sam Wolfe is the Chair of Our Lady Of The Rosary Alaska.
Official website here: www.hraak.com
What is the revenue of Our Lady Of The Rosary Alaska?
Our Lady Of The Rosary Alaska's revenue in 2022 was $1,606,811.
Official website here: www.hraak.com
Who are the executives of Our Lady Of The Rosary Alaska and what are their salaries?
The average compensation at Our Lady Of The Rosary Alaska during 2022 was $18,687. There are 43 employees and 66 volunteers at Our Lady Of The Rosary Alaska.
Here are 8 key members and their salaries:
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Official website here: www.hraak.com
Where can I find the form 990 for Our Lady Of The Rosary Alaska?
Our Lady Of The Rosary Alaska's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hraak.com
Learn more at the official website: www.hraak.com
Mission Statement of Our Lady Of The Rosary Alaska
Our Lady of the Rosary, a private and independent Catholic institution, is dedicated to the education and development of young individuals and their families. Its mission is multifaceted, aiming to foster intellectual, spiritual, and moral growth in its students. The organization operates a grade school and high school, providing a large portion of its educational services through donations and fundraising activities. During 2022, the school welcomed 155 students.
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Impact
July, 2024
Our Lady of the Rosary Alaska has a significant impact on the community of Anchorage, Alaska through its private grade school and high school, as well as its radio station. The organization's mission to educate the young intellectually, spiritually, and morally is realized through its educational services, with approximately one-half of the program services being provided by donations and fundraising efforts. In 2022, 155 students attended Our Lady of the Rosary, receiving a holistic education that encompasses intellectual growth, spiritual development, and moral guidance.
By providing a Catholic education that focuses on the intellectual, spiritual, and moral development of students and their families, Our Lady of the Rosary Alaska plays a vital role in shaping the future leaders of the community. Through its educational services, the organization not only impacts the lives of the students directly involved but also influences the broader community by promoting values of education, faith, and morality.
Overall, Our Lady of the Rosary Alaska's commitment to educational excellence and holistic development has a lasting and positive impact on the individuals it serves, as well as the community at large.
This information is meant to be a general summary of Our Lady Of The Rosary Alaska. 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.
- Investment Income: $6,315
- Program Service Revenue: $931,242
- Gross Receipts: $1,670,028
Assets and Liabilities:
- Total Assets: $1,978,146
- Total Liabilities: $583,511
- Net Assets: $1,394,635
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$931,242
Organization Details
Founding Year
1987
Phone
(907) 276-5822Principal Officer
Sam Wolfe
Main Address
1010 WEST FIREWEED LANE, ANCHORAGE, AK, 99503
Website
www.hraak.comNTEE Category
Code: B00 - Education
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