Notre Dame Cristo Rey High School Inc

Organization Overview

Notre Dame Cristo Rey High School Inc is located in Methuen, MA. The organization was established in 2008. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Notre Dame Cristo Rey High School Inc employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Notre Dame Cristo Rey High School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Notre Dame Cristo Rey High School Inc generated $8.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $5.1m during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WORKING TO TRANSFORM THE LIVES OF YOUNG STUDENTS, NOTRE DAME CRISTO REY HIGH SCHOOL PROVIDES A CATHOLIC, AFFORDABLE, CULTURALLY SENSITIVE, COLLEGE PREPARATORY EDUCATION, ENHANCED BY PROFESSIONAL WORK EXPERIENCE FOR YOUNG MEN AND WOMEN FROM FAMILIES OF LIMITED INCOME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOTRE DAME CRISTO REY HIGH SCHOOL IS A MEMBER OF THE CRISTO REY NETWORK, A NATIONAL NETWORK OF HIGH SCHOOLS THAT INTEGRATES FOUR YEARS OF RIGOROUS COLLEGE PREPARATORY ACADEMICS WITH FOUR YEARS OF PROFESSIONAL WORK EXPERIENCE.COMPRISED OF 38 CATHOLIC, COLLEGE PREPARATORY SCHOOLS THAT TODAY SERVE MORE THAN 12,300 STUDENTS ACROSS 23 STATES AND WASHINGTON DC AND CLAIMS 23,100 GRADUATES, CRISTO REY NETWORK HIGH SCHOOLS DELIVER A POWERFUL AND INNOVATIVE APPROACH TO INNER-CITY EDUCATION THAT EQUIPS STUDENTS FROM ECONOMICALLY-DISADVANTAGED FAMILIES WITH THE KNOWLEDGE, CHARACTER, AND SKILLS TO TRANSFORM THEIR LIVES.NDCR'S TARGET POPULATION INCLUDES 299 STUDENTS AGES 14-18 FROM LAWRENCE, MA (90%) AND THE SURROUNDING COMMUNITIES. NDCR STUDENTS REPRESENT DIVERSE BACKGROUNDS AND CULTURES INCLUDING SOUTHEAST ASIAN, HAITIAN, LEBANESE, WEST AFRICAN, AND AFRICAN AMERICAN, HOWEVER MOST OF THE STUDENT BODY (93%) IS HISPANIC/LATINO. 65% ARE FEMALE, 35% MALE AND 82% QUALIFY FOR FREE OR REDUCED FEDERAL LUNCHES.SINCE ITS FIRST GRADUATING CLASS, 100% OF NDCR'S GRADUATES HAVE BEEN ACCEPTED TO A FOUR-YEAR COLLEGE OR UNIVERSITY. NDCR'S COLLEGE GRADUATION RATE IS 64%, COMPARED TO A U.S. NATIONAL AVERAGE OF 9%.


THROUGH NDCR'S CORPORATE WORK STUDY PROGRAM, STUDENTS ARE PLACED INTO 9:00AM-5:00PM PROFESSIONAL JOBS, ALLOWING STUDENTS FROM FAMILIES WITH LIMITED INCOME TO EARN A MAJORITY OF THEIR TUITION AND GAIN VALUABLE ON-THE-JOB EXPERIENCE. THIS OPPORTUNITY ALLOWS STUDENTS TO BUILD A NEW LEVEL OF SELF-CONFIDENCE WHERE THEY ACQUIRE SOCIAL, TECHNICAL AND TIME MANAGEMENT SKILLS AND DEVELOP MARKETABLE SKILLS IN PREPARATION FOR THE WORLD OF WORK. THE CORPORATE WORK STUDY PROGRAM PROVIDES THE GROUNDWORK FOR ECONOMIC SELF-SUFFICIENCY AS WELL AS A STARTING POINT FOR CAREER CHOICES.OVER 75 COMPANIES THROUGHOUT THE MERRIMACK VALLEY, ROUTE 93/128 NORTH CORRIDORS AND SOUTHERN NEW HAMPSHIRE EMPLOY NDCR STUDENTS IN THE CORPORATE WORK STUDY PROGRAM.NDCR STUDENTS HAVE RANKED #1 IN WORKPLACE PERFORMANCE 15 OUT OF 17 TIMES ACROSS THE ENTIRE CRISTO REY NETWORK OF HIGH SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Anthony Zavagnin
Principal
$121,852
Lothsarinh Acciard
CFO
$97,850
Sr Barbara Barry Sndden
Clerk
$0
Sr Mary Farren Sndden
President
$0
Sr Maryalyce Gilfeather Sndden
Ex-Officio Head Of School
$0
John Chory
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$857,823
Related organizations$0
Government grants $794,838
All other contributions, gifts, grants, and similar amounts not included above$4,143,919
Noncash contributions included in lines 1a–1f $14,575
Total Revenue from Contributions, Gifts, Grants & Similar$5,796,580
Total Program Service Revenue$2,539,447
Investment income $39,550
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $42,768
Net Income from Fundraising Events -$41,808
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,407,963

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Notre Dame Cristo Rey High School Inc has recieved totaling $45,000.

Awarding OrganizationAmount
Josephine G Russell Trust

Andover, MA

PURPOSE: EDUCATION

$25,000
The Andover Companies Charitable Foundation

Wilmington, DE

PURPOSE: WORKING FOR OUR FUTURE: THE CAPITAL CAMPAIGN FOR NDCR

$10,000
The Andover Companies Charitable Foundation

Wilmington, DE

PURPOSE: WORKING FOR OUR FUTURE: THE CAPITAL CAMPAIGN FOR NDCR

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$539,830
Net Contributions$34,150
Ending Balance$573,980

Peer Organizations

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$20,404,394
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$20,464,649
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$15,668,076
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Putney School Inc
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$24,861,480
Ridgefield Academy Inc
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$17,017,349
Keio Academy Of New York
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$12,685,966

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