Mount Saint Mary Academy Inc

Nonprofit profile at a glance

EIN
161283636
IRS 990 coverage
2010–2018
Forms available
Form 990 2018
Location
Kenmore, NY, USA
Phone
7168771358
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,912,453
Expenses
$4,510,588
Assets
$2,292,883
Liabilities
$1,214,965

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • SARAH TAYLOR (PRESIDENT)

People named in this filing

  • MARY BURICH (TRUSTEE)
  • MARGARET SIMONS (VICE PRESIDE)
  • JOHN CRAINER (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mount st. Mary academy, founded by the sisters of st. Mary of namur, is a catholic, private, college preparatory school for young women. Within a nurturing and academically challenging environment, the academy strives to develop the whole person. Guided by our catholic tradition, and rooted in gospel values, we educate young women dedicated to lifelong learning, moral integrity and service to and acceptance of others.

What it reported doing in 2018

The instruction of high school women through academic and extra- curricular programs.

Operating model

Revenue model
Other-operating. 77% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 94
  • Accountability: 91
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.9%; rating input score 84
  • Program expense ratio: 91.3%; rating input score 91
  • Fundraising efficiency: $7.49 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.8%; rating input score 94; 24th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 8.2%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.53; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 11.7% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 83.9% of revenue deployed · 91.3% of spending went to programs
  • Governance: 15 of 16 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $4.1M in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.