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Nonprofiteer
← ROSATI-KAIN ACADEMY

Form 990 for tax year 2024

Filed by ROSATI-KAIN ACADEMY.

Totals

Total revenue
$3,061,044
Total expenses
$3,236,020
Contributions and grants received
$1,848,988
Grants paid
$0
Program service revenue
$1,018,139
Investment income
$193,917
Other revenue
$0
Total assets, end of year
$1,535,147
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,535,147
Program services expenses (Part IX)
$2,276,396
Management and general expenses
$639,940
Fundraising expenses
$319,684
Program service expenses (Part III)
$2,276,396

Program services were 70.3% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $262,275

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,586,713

  • 1g · Noncash contributions included above

    $3,000

  • 2a · Program service revenue: Tuition

    total $726,205 · related or exempt $726,205 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Tuition assistance from other organizations

    total $240,031 · related or exempt $240,031 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Student fees

    total $29,679 · related or exempt $29,679 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Student activities

    total $15,490 · related or exempt $15,490 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: Uniform and swag sales

    total $6,734 · related or exempt $6,734 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $193,917 · related or exempt $193,917 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

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

    $262,275

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11b · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11c · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $134,278 · program services $115,503 · management and general $18,775 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $1,564,150 · program services $1,239,422 · management and general $213,555 · fundraising $111,173

  • 8 · Pension plan contributions

    total $89,538 · program services $70,178 · management and general $12,732 · fundraising $6,628

  • 9 · Other employee benefits

    total $85,586 · program services $67,081 · management and general $12,170 · fundraising $6,335

  • 10 · Payroll taxes

    total $122,936 · program services $96,797 · management and general $17,654 · fundraising $8,485

  • 11a · Fees: management

    total $75,089 · program services $0 · management and general $75,089 · fundraising $0

  • 11b · Fees: legal

    total $14,778 · program services $0 · management and general $14,778 · fundraising $0

  • 11c · Fees: accounting

    total $13,483 · program services $0 · management and general $13,483 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $75,000 · fundraising $75,000

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $225,248 · program services $91,188 · management and general $123,634 · fundraising $10,426

  • 12 · Advertising and promotion

    total $38,597 · program services $31,360 · management and general $7,237 · fundraising $0

  • 13 · Office expenses

    total $59,448 · program services $0 · management and general $59,448 · fundraising $0

  • 14 · Information technology

    total $33,832 · program services $33,832 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $423,355 · program services $331,816 · management and general $60,200 · fundraising $31,339

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $1,896 · program services $1,896 · management and general $0 · fundraising $0

  • 20 · Interest

    total $1,944 · program services $0 · management and general $1,944 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $38,043 · program services $29,817 · management and general $5,410 · fundraising $2,816

  • 24a · Other expenses: Admissions expenses

    total $27,434 · program services $27,434 · management and general $0 · fundraising $0

  • 24b · Other expenses: Advancement expenses

    total $65,488 · program services $0 · management and general $0 · fundraising $65,488

  • 24c · Other expenses: Student activities expenses

    total $53,948 · program services $53,948 · management and general $0 · fundraising $0

  • 24d · Other expenses: Education expenses

    total $65,010 · program services $65,010 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $26,939 · program services $21,114 · management and general $3,831 · fundraising $1,994

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $64,012 · end of year $118,598

  • 2 · Savings and temporary cash investments

    beginning of year $263,509 · end of year $34,324

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $1,364,661 · end of year $1,364,947

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $16,416 · end of year $17,278

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,715 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $342,222 · end of year $214,205

  • 28 · Net assets with donor restrictions

    beginning of year $1,364,661 · end of year $1,320,942

Mission and programs · 2024

Mission

Rosati Kain Academys RKAs mission is to provide a quality Catholic high school education for a culturally ethnically economically and geographically diverse young women. 80% of our students received financial aid--while our published tuition rate was $14,950 our students families paid only $6,621 on average and the school provided financial aid from various sources of $1,041,159. ; our students come from more than 40 zip codes in the St. Louis region including Illinois. Our students 2024-25 students were 23% white 52% black 12% Hispanic 7% multiracial 5% Asian and 1% other; 12% of our students are Hispanic. Last year our 48 Rosati-Kain seniors received more than $15.7 million in college scholarship offers and are attending University of Chicago and other top-tier schools.

Activities or mission (Part I)

Rosati-Kain Academy RKA took over operation of the school on July 1 2023 from the Archdiocese of St. Louis which formerly operated the school as Rosati-Kain High School. As the operator of a school after July 1 2023 RKA enrolled and educated young women in grades 9 through 12 employed faculty and staff and received revenue from donations tuition fees and scholarships. RKA also incurred expenses after July 1 2024 including salaries benefits and payroll taxes for faculty and staff rent for the school property school and property-related insurance facility operating costs and costs for supplies software and services related to education and the operation of the school as an ongoing business.

  • ENROLLING AND EDUCATING YOUNG WOMEN: During the fiscal year covered by this 990 the school enrolled 125 students in grades 9 through 12. The school year for these students began in August 2023 and ended in May 2024. The school graduated 48 seniors in May 2025. All of the organizations operating revenue except for our $143,693 cash balance and all of our expenses were devoted to the operation of the school and education of the schools students.

    Expenses $2,276,396 · Revenue $3,070,592

As filed on the 2024 return.

Listed in Part VII

  • Samantha Montgomery

    Vice chair

    Total calculated
    $0
    Hours/week
    5
  • Andrea Spates

    Board member

    Total calculated
    $0
    Hours/week
    5
  • Wendell Covington Jr

    Board member

    Total calculated
    $0
    Hours/week
    5
  • Mary Stillman

    Chair and Former Secretary

    Total calculated
    $0
    Hours/week
    10
  • Marie Casey

    Former board member 7-23 to 1-24

    Total calculated
    $0
    Hours/week
    15
  • Maggie A Sullivan

    Former President

    Total calculated
    $24,806
    From this org
    $23,625
    From related orgs
    $0
    Other
    $1,181
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $17,719
    Bonus
    $0
    Other
    $0
    Deferred
    $1,056
    Nontaxable benefits
    $0
    Filer's total
    $18,775
  • Michelle Martin Bonner

    Former Board Chair

    Total calculated
    $0
    Hours/week
    30
  • Barbara A Geisman

    Secretary-Treasurer

    Total calculated
    $0
    Hours/week
    30
  • Nichole Martinez

    Former Board Member

    Total calculated
    $0
    Hours/week
    5
  • John Delautre

    Board member

    Total calculated
    $0
    Hours/week
    5
  • Eric Clark

    Board member

    Total calculated
    $0
    Hours/week
    5
  • Santa Cuddihee

    Nonvoting Board Member

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.1
Source object
202503219349304405

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