Saint Michael Episcopal School
Nonprofit profile at a glance
- EIN
- 821644430
- IRS 990 coverage
- 2017–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024
- Location
- Dallas, TX, US
- Phone
- 214-361-1224
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $5,883,535
- Expenses
- $4,908,826
- Assets
- $13,460,981
- Liabilities
- $8,935,279
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MARGARET SPELLINGS (PRESIDENT)
Highest reported compensation
- NETRA FITZGERALD (HEAD OF SCHOOL): $192,209 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Saint Michael Episcopal School1s mission is to provide a nurturing, individualized, inclusive early childhood experience based on our four pillars of Love, Faith, Education and Service. & Values Saint Michael Episcopal School’s mission is to provide a nurturing, individualized, inclusive early childhood experience based on our four pillars – Love, Faith, Education, and Service, We offer a curriculum to stimulate children’s intellectual and spiritual growth with activities that foster creative thinking, develop strong character, and build a foundation in faith. Saint Michael Episcopal School’s mission is to provide a nurturing, individualized, inclusive early childhood experience based on our four pillars of Love, Faith, Education and Service. 9 The Saint Michael Episcopal School admits students of any race, color, national and ethnic origin to all the rights, privileges, programs...
What it reported doing in 2024
Saint michael episcopal school is a premier preschool for early learners 12 mon-2 yr olds and prekindergarteners ages 3, 4, and kindergarteners 5 and 6 yrs old. Accredited in 2018 by the the southwestern association of episcopal schools, smes has become a leader in implementation of curriculum, religious studies, and social-emotional learning. The prekindergarten and kinder age range students also have hands-on science lessons, weekly spanish, music and godly play chapel class, with enrichment programs like yoga, gymnastics, lego, soccer, all-sports just to name a few intergrated in their school day. Preschoolers enjoy chapel service each week as well. The school maintains a low student to teacher ratio.
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - 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: 67
- Transparency & Controls: 84
- Accountability: 95
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.4%; rating input score 63
- Program expense ratio: 78.2%; rating input score 78
- Fundraising efficiency: $17.5 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 16.6%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 2.74; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 9.3% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 12.9% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 26.1% per year; rating input score 100; 90th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 63.4% of revenue deployed · 78.2% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $3.8M in reported program spending
- Leadership: top reported pay $192K · 17 people listed · 4 of 6 pay-setting controls reported
- Consistency: 36 of 36 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 55/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 14/100.