St Monicas Little Lambs
Nonprofit profile at a glance
- EIN
- 842575516
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Gilbert, AZ, USA
- Phone
- 6027400948
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Roman Catholic
- Affiliation
- Christianity
Reported finances
- Revenue
- $299,026
- Expenses
- $227,273
- Assets
- $74,556
- Liabilities
- $2,803
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ELIZABETH NANCE (PRESIDENT)
Highest reported compensation
- MAGDA C VIBBERT (DIRECTOR): $24,555 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
St monica's little lambs provides a montessori education for preschool and kindergarten children. Provides catechesis of the good shepherd for children from preschool through 3rd grade. A classical education rooted in catholic tradition is a hybrid educational (see schedule o) program where students practice schoolwork, and participate in service opportunities.
What it reported doing in 2024
St monica's little lambs provides a montessori education for preschool and kindergarten children, a religious catechism course, an education co-op for students to learn, practice schoolwork and participate in service opportunities. During the 2024-2025 school year we served 44 children.
Operating model
- Revenue model
- Earned-program. 87% 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 57
- Sustainability: 49
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 90.4%; rating input score 90
- Fundraising efficiency: $4.02 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: 24%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 68.7% of revenue deployed · 90.4% of spending went to programs
- Governance: 2 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $205K in reported program spending
- Leadership: top reported pay $25K · 3 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- 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 — Accountability: Governance controls: 3 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.