Seton Foundation

Nonprofit profile at a glance

EIN
882333957
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-EZ 2022
Location
Somersworth, NH, USA
Phone
6033321100
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Primary, Elementary Schools
Affiliation
Christianity

Reported finances

Revenue
$1,308,017
Expenses
$781,646
Assets
$2,209,064
Liabilities
$1,614,984

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MICHAEL PELLETIER (PRESIDENT)
  • WAYNE CAMPBELL (VICE PRESIDENT)

Highest reported compensation

  • ERIKA ROBICHAUD (TRUSTEE/TEACHER): $51,767 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the organization is to educate children in the catholic educational tradition by inculcating in their hearts and minds a sense of wonder and love of god's divinely inspired creation of heaven and earth and of his finest creation - humanity formed in his image and likeness. To that end, the academy will utilize a classical pre-liberal arts curriculum in a prayerful catholic setting to serve as the foundation for our students' lifelong quest for truth, goodness and beauty. The organization will foster an environment rich in catholic values and traditions to form the heart, mind and soul while instilling christian virtue and character, graduating students that are articulate, well read and capable of applying logic and reason in their lifelong quest for divinely inspired truth.

What it reported doing in 2025

At seton academy, we strive to cultivate the whole child supporting them emotionally, academically and spiritually. We desire to create a safe, open and loving environment that is authentically catholic while being sensitive to students of other faiths where each student can grow intellectually and in their personal faith life. We believe in the importance of creating a partnership with parents where each child's gifts are nurtured. We aim to guide students tobecome creative problem solvers and independent thinkers with a solid moral compass and encourage wonder and inquiry through logic and reason. Seton academy faculty and staff are expected to know, support and model the teachings of the catholic church. Catholic identity is intentionally integrated into the academic curriculum. Our faith is the foundation of the philosophy and expectations that are a part of all activities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 96% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 94
  • Accountability: 66
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.9%; rating input score 45
  • Program expense ratio: 75.2%; rating input score 75
  • 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; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 62.5%; rating input score 62; 16th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 40.2%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 2.83; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.73; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 6.6%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 32.4% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 64.1% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 92.8% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 44.9% of revenue deployed · 75.2% of spending went to programs
  • Governance: 5 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $588K in reported program spending
  • Leadership: top reported pay $52K · 8 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2023 to 2025
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.