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St Vincent - St Mary High School Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020694782 ✦ Akron, OH ✦ Designated as a 501(c)(3)

Overview

What is St Vincent - St Mary High School Foundation?

St. Vincent - St. Mary High School Foundation is a charitable organization established in Akron, Ohio, with a specific mission to support Catholic education and St. Vincent-St. Mary High School. The organization's purpose is to manage and utilize donated assets, such as cash, securities, and properties, solely for charitable, religious, scientific, literary, or educational purposes. They aim to contribute to exempt 501(c)(3) organizations and engage in any permissible activities for an Ohio not-for-profit organization, ultimately working towards the betterment of St. Vincent-St. Mary High School. The foundation also intends to develop a campus for the high school.


Is St Vincent - St Mary High School Foundation legitimate?

St Vincent - St Mary High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Vincent - St Mary High School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of St Vincent - St Mary High School Foundation?
Who is the CEO of St Vincent - St Mary High School Foundation?
What is the revenue of St Vincent - St Mary High School Foundation?
Who are the executives of St Vincent - St Mary High School Foundation and what are their salaries?
Where can I find the form 990 for St Vincent - St Mary High School Foundation?

Mission Statement of St Vincent - St Mary High School Foundation

The St. Vincent-St. Mary High School Foundation was established with a mission to support Catholic education and specifically, St. Vincent-St. Mary High School. The organization's primary objective is to collect, manage, and distribute assets for the betterment of Catholic education and various activities, programs, and interests related to St. Vincent-St. Mary High School. The foundation also aims to develop a campus for St. Vincent-St. Mary High School.

In line with its mission, the St. Vincent-St. Mary High School Foundation operates under two major purposes. Firstly, it seeks to maintain cash, securities, assets, and other property, and utilize the income and principal of these assets for charitable, religious, scientific, literary, or educational purposes, either directly or by contributing to exempt 501(c)(3) organizations. Secondly, the foundation engages in any activity that is permissible for an Ohio not-for-profit 501(c)(3) organization, performing any functions incidental thereto.

In essence, the St. Vincent-St. Mary High School Foundation is dedicated to the advancement of Catholic education and St. Vincent-St. Mary High School, using its financial resources and capabilities to support charitable, religious, scientific, literary, or educational endeavors, and to contribute to the overall growth and development of the school.

Impact

This information is meant to be a general summary of St Vincent - St Mary High School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The St Vincent - St Mary High School Foundation has a significant impact on supporting Catholic education and St. Vincent-St. Mary High School in Akron, Ohio. The foundation works to solicit, receive, administer, and distribute assets for the general support of Catholic education and various activities and programs at the high school. Additionally, the foundation aims to develop a campus for St. Vincent-St. Mary High School. Its purposes include maintaining assets for charitable, religious, scientific, literary, or educational purposes, either directly or through contributions to exempt 501(c)(3) organizations. The foundation plays a crucial role in advancing the mission of the school and ensuring a quality education for its students.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $567,937
  • Program Service Revenue: $106,619
  • Gross Receipts: $1,639,889

    • Assets and Liabilities:
  • Total Assets: $23,783,331
  • Total Liabilities: $550,012
  • Net Assets: $23,233,319
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    BOOSTER CLUB

    Revenue

    $106,619

    Organization Details

    Founding Year

    2003

    Principal Officer

    James Simon

    Main Address

    15 NORTH MAPLE STREET, AKRON, OH, 44303

    NTEE Category

    Code: B94 - Education

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