Mater Laetitiae Academy Incorporate D
Nonprofit profile at a glance
- EIN
- 863490498
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Honey Brook, PA, USA
- Phone
- 6104578899
- Rating confidence
- Limited
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Expenses
- $1,100
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- PATRICIA REYHER (PRESIDENT)
People named in this filing
- PATRICIA REYHER (PRESIDENT)
- MARY CROMWELL (SECRETARY)
- CINDY OBRIEN (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The newly formed organization will provide academic instruction and support to children in grades k through 12 by supporting their parents as the primary educator. More specifically, students will attend classes three days per week, while working from home the remaining two days. Instruction will be provided by teachers, some of whom will hold certification, and others who possess expertise in their specific subject area. Instruction will be held at a school facility in a multi-classroom setting. Funding will be provided by way of tuition and philanthropic donations.
What it reported doing in 2024
The organization accomplished its primary exempt purpose by providing on-site instruction three days per week at a multi-classroom school facility to those students enrolled in the program which, as described in its mission statement, blends with instruction provided by the primary educators at the educators homes.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -35.8% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -59.9% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -111.1% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 1 of 1 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.