Serviam Girls Academy Inc
Nonprofit profile at a glance
- EIN
- 260792594
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Wilmington, DE, USA
- Phone
- 3026519700
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $781,747
- Expenses
- $1,748,877
- Assets
- $3,135,764
- Liabilities
- $1,212,045
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- TINESAR PRIESTER (PRESIDENT)
Highest reported compensation
- TINESAR PRIESTER (PRESIDENT): $108,090 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mission: cultivating the potential of young women through a challenging, holistic education rooted in the ursuline tradition.vision: empowering young women, changing the world. Serviam girls academy is a tuition-free, independent catholic middle school whose families must qualify for the federal free/reduced school lunch program in order to enroll.
What it reported doing in 2024
Serviam girls academy educates on average 40-60 girls, grades 5 - 8, with a comprehensive model that includes an extended 10-hour day and 10.5-month year, including a mandatory four-week summer program; small class sizes; and, a graduate support program that works with serviam graduates through high school graduation and into college.program accomplishments include:1. Serviam's 16 member class of 2025 were offered over $1,192,000 in scholarships and aid to six local private schools. Our mission is to prepare girls to succeed in high school through a challenging and relevant education, thus the vast majority of our budget is geared toward this specific goal2. Ninety eight percent (98%) of serviam alumnae are currently enrolled or have graduated high school. Supporting alumnae post eighth grade graduation is a key part of serviam's mission and the nativitymiguel model3. Serviam girls academy added rowing (in partnership with wilmington rowing association) to the sport options and continued cheerleading, cross country, basketball, and track.
Operating model
- Revenue model
- Donor-supported. 71% of the money available for current operations came from contributions and gifts.
- 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
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 92
- Accountability: 87
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 68.1%; rating input score 68
- Fundraising efficiency: $1.82 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.5%; rating input score 95; 25th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -123.7%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 1.79; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 6.2%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 10.4% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 1.5% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 68.1% of spending went to programs
- Governance: 21 of 22 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $108K · 22 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 13 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Fundraising efficiency scored 5/100.
- High — Sustainability: Operating margin scored 1/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.