Pittsburgh Independent Catholic Academy Foundation

Nonprofit profile at a glance

EIN
844179401
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Pittsburgh, PA, USA
Phone
4126313131
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$39,383
Expenses
$70,541
Assets
$171,487
Liabilities
$89,861

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JOHN HANS (PRESIDENT/CEO)

Highest reported compensation

  • HARMONY STEWART (CHIEF ACADEMIC OFFICER): $139,163 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The pittsburgh independent catholic academy foundation was formed to support the mission of south hills catholic academy (shca) which is to assist parents in the christian spiritual, moral and intellectual formation of their children by ensuring the total development of each child - body, mind, and soul. Shca provides children from low income families with affordable, high quality education, which is achieved through tuition assistance to needy students and by funding the general operations and capital requirements of sponsored catholic schools.

What it reported doing in 2024

Collecting donations and providing financial support to south hills catholic academy (shca), which provides pre-k through 8th grade education for needy or immigrant families in the south hills region of pittsburgh at little to no cost to the families. Shca adheres to the premise that all knowledge comes from god and can only be understood and lived fully in reference to him and endeavors to integrate traditional classroom instruction with a vibrant catholic sacramental and devotional life by: (1) offering shca students an intensive traditional curriculum covering all the major areas of the liberal arts and natural sciences, in an academic program that is both rigorous and challenging; (2) fostering in shca students a fuller understanding of, and deep appreciation for, the catholic faith in a manner completely loyal to the teaching authority of the roman catholic church; and (3) promoting a safe and disciplined educational culture for children from diverse ethnic, socioeconomic and cultural backgrounds - one that fosters authentic christian friendship and service, and joyfully embraces the uniqueness of each child.shca firmly believes that in today's complex world, other than an individual's own family, there is no institution in our society where the challenges that confront young children can be more effectively addressed than by a catholic school such as shca, where the first purpose is to remind students that they are both loved and lovable in jesus christ, and that only in him will they discover themselves and their calling in life.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 94
  • Accountability: 69
  • Sustainability: 24
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.8%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -79.1%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 2.43; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.52; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 29.3%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -35.3% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -48.1% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -33.2% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.8% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $68K in reported program spending
  • Leadership: top reported pay $139K · 6 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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 — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.