St Carlo Acutis Virtual Academy Inc
Nonprofit profile at a glance
- EIN
- 274182688
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-N 2013
- Location
- Miami Shores, FL, USA
- Phone
- 3056237223
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $988,908
- Expenses
- $1,023,998
- Assets
- $795,656
- Liabilities
- $149,219
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- SR ELIZABETH WORLEY SR (VICE PRESIDENT/SECRETARY)
- JIM RIGG (PRESIDENT)
Highest reported compensation
- REBECA BAUTISTA (PRINCIPAL): $146,910 total reported compensation
- JACLYN D CACERES (VICE PRINCIPAL): $91,350 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 organization is an online sacs accredited catholic school (k-12).
What it reported doing in 2024
2024, june - Florida catholicvirtual school renamed for blessed teenhttps://www.thefloridacatholic.org/dioceses/miami/virtual-school-renamed-for-blessed-teen/article_45c70d6e-2cdc-11ef-a248-874710b712d6.html2023, august - special report - step up for studentswhy catholic schools in Florida are growing: 5 things to knowhttps://www.reimaginedonline.org/wp-content/uploads/2023/08/why-catholic-schools-in-Florida-are-growing-five-things-to-know-final.pdf2022-2023 - cognia accreditation team member2021-present - principal advisory committee to the superintendent2020, september - redefined: podcasted: sufs president doug tuthill interviews leaders of miami catholic virtual schoolhttps://www.redefinedonline.org/2020/09/podcasted-sufs-president-doug-tuthill-interviews-leaders-of-miami-catholic-virtual-school/2020, september - redefined: catholic virtual school offers options to families seeking online faith-based educationhttps://www.redefinedonline.org/2020/09/catholic-virtual-school-offers-options-to-families-seeking-online-faith-based-education/2020, september - online vs. Virtual: what's the difference? Adom-vcs never had to close or change its teaching methods due to the pandemichttps://www.miamiarch.org/catholicdiocese.php? Op=article_archdiocesee-of-miami-schools-adomvcs-online-vs-virtual-whats-the-difference2019, spring - momentum magazine: quality cathoilc education through traditional instruction and technology 2019, april - ncea, chicago - exhibitorpresentation: virtual education in the catholic k-12 community2018, november - the Florida catholic: school's motto: teacher every type of studenthttps://www.miamiarch.org/2013_adom/catholicdiocese.php? Op=article_miami-catholic-schools-special-needs-marcey-ayers2018, september - virtual catholic school deemed model for nation: new school year brings national exposure, increased course offeringshttps://www.miamiarch.org/catholicdiocese.php? Op=article_virtual-catholic-school-miami-model-for-nation2018, september - u.s. Department of education - office of non-public education - national private school leadership conference 2018 - virtual nonpublic on-line education in the k-12 community2018, april - ncea, cincinnati - exhibitor2016, april - ncea, san diego - exhibitor 2015, april - ncea, orlando - i want a cost-effective, totally digital environment2014, january - fetc, orlando - teaching technology responsibility - tackling 21st century problems
Operating model
- Revenue model
- Earned-program. 100% 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.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 82
- Accountability: 90
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.2%; rating input score 61
- Program expense ratio: 59.1%; rating input score 59
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.5%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 23.3%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 15.7% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 18.2% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 28.8% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 61.2% of revenue deployed · 59.1% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $605K in reported program spending
- Leadership: top reported pay $147K · 6 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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: Program expense ratio scored 59/100.
- High — Sustainability: Operating margin scored 27/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.