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Nonprofiteer
← HOLY ANGELS ACADEMY INC

Form 990 for tax year 2024

Filed by HOLY ANGELS ACADEMY INC.

Totals

Total revenue
$1,346,050
Total expenses
$1,232,770
Contributions and grants received
$575,558
Grants paid
$2,950
Program service revenue
$629,466
Investment income
$7,095
Other revenue
$133,931
Total assets, end of year
$3,474,251
Total liabilities, end of year
$77,357
Net assets or fund balances, end of year
$3,396,894
Program services expenses (Part IX)
$1,227,005
Management and general expenses
$5,765
Fundraising expenses
$0
Program service expenses (Part III)
$1,227,005

Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $384,455

  • 1e · Government grants (contributions)

    $14,654

  • 1f · All other contributions, gifts and grants

    $176,449

  • 2a · Program service revenue: Tuition

    total $532,313 · related or exempt $532,313

  • 2b · Program service revenue: Registration Fees

    total $18,573 · related or exempt $18,573

  • 2c · Program service revenue: Book Fees

    total $33,327 · related or exempt $33,327

  • 2d · Program service revenue: Athletic Income

    total $20,171 · related or exempt $20,171

  • 2e · Program service revenue: Other Income

    total $25,082 · related or exempt $25,082

  • 3 · Investment income

    total $7,095 · related or exempt $7,095

  • 8a · Fundraising events: contributions included on line 1c

    $384,455

  • 8b · Fundraising events: direct expenses

    $38,197

  • 8c · Net income from fundraising events

    total -$38,197 · unrelated business -$38,197

  • 11a · Other revenue: Employee Retention Cred

    total $154,818 · excluded $154,818

  • 11b · Other revenue: Rental income

    total $17,310 · excluded $17,310

  • 11e · Other revenue, total

    $172,128

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,950 · program services $2,950

  • 5 · Compensation of officers, directors and key employees

    total $66,102 · program services $66,102

  • 7 · Other salaries and wages

    total $633,149 · program services $633,149

  • 9 · Other employee benefits

    total $2,119 · program services $2,119

  • 10 · Payroll taxes

    total $67,749 · program services $67,749

  • 11b · Fees: legal

    total $438 · management and general $438

  • 11c · Fees: accounting

    total $27,493 · program services $27,493

  • 11g · Fees: other

    total $52,046 · program services $52,046

  • 12 · Advertising and promotion

    total $11,600 · program services $11,600

  • 13 · Office expenses

    total $5,327 · management and general $5,327

  • 14 · Information technology

    total $814 · program services $814

  • 16 · Occupancy

    total $123,210 · program services $123,210

  • 17 · Travel

    total $2,791 · program services $2,791

  • 19 · Conferences, conventions and meetings

    total $739 · program services $739

  • 23 · Insurance

    total $28,558 · program services $28,558

  • 24a · Other expenses: Supplies

    total $31,349 · program services $31,349

  • 24b · Other expenses: Contract services

    total $82,893 · program services $82,893

  • 24c · Other expenses: Religious stipends

    total $53,032 · program services $53,032

  • 24d · Other expenses: Books

    total $33,029 · program services $33,029

  • 24e · All other expenses

    total $7,382 · program services $7,382

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $86,569 · end of year $75,917

  • 2 · Savings and temporary cash investments

    beginning of year $660,079 · end of year $803,577

  • 3 · Pledges and grants receivable

    end of year -$167

  • 4 · Accounts receivable

    beginning of year $23

  • 10a · Land, buildings and equipment: cost or other basis

    $3,951,812

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,358,688

  • 10c · Land, buildings and equipment, net

    beginning of year $2,493,236 · end of year $2,593,124

  • 12 · Investments: other securities

    beginning of year $22,073 · end of year $1,800

  • 17 · Accounts payable and accrued expenses

    end of year $75,757

  • 24 · Unsecured notes and loans payable

    beginning of year $20,329

  • 25 · Other liabilities

    end of year $1,600

  • 31 · Retained earnings, endowment or other funds

    beginning of year $3,241,651 · end of year $3,396,894

Mission and programs · 2024

Mission

Holy Angels Academy provides a faith-based educational program focused on academic excellence, character formation, and spiritual growth, preparing students to become knowledgeable, ethical, and service-oriented individuals.

  • During the year, Holy Angels Academy provided classroom instruction and student support services through the operation of a faith-based school. The Academy delivered academic programs and educational services to enrolled students, furthering its exempt purpose of education.

    Expenses $1,227,005 · Revenue $629,466

As filed on the 2024 return.

Listed in Part VII

  • Michael Swearingen

    Headmaster

    Total calculated
    $73,500
    From this org
    $73,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Terri Glotzbatch

    2nd Grade Teacher

    Total calculated
    $45,612
    From this org
    $45,612
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • James Norton

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Robert Osting

    Chairman and Secretary

    Total calculated
    $0
    Hours/week
    5
  • Timothy State

    Vice Chairman

    Total calculated
    $0
    Hours/week
    5
  • Mary Kenney

    Trustee

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
3 June 2026
IRS schema version
2024v5.2
Source object
202611749349300246

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