Holy Family Educational Corporation

Organization Overview

Holy Family Educational Corporation, operating under the name Holy Family Academy, is located in Manchester, NH. The organization was established in 1998. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Holy Family Academy employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Family Academy 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, Holy Family Academy generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 11.4% per year over the past 6 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

HOLY FAMILY ACADEMY (HFA) IS ESTABLISHED WITH THE INTENTION OF PROVIDING TRUE LIBERTY FOR PARENTS IN THE CHOICE OF A SCHOOL TO AID THEM IN THE EDUCATION OF THEIR CHILDREN IN GRADES 7-12.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SCHOOL ENROLLED 94 STUDENTS IN GRADES 7-12 IN THE 2021-2022 SCHOOL YEAR. STUDENTS ARE EDUCATED USING A CLASSICAL CATHOLIC CURRICULUM. TO SUPPORT ITS PROGRAM SERVICE, THE ACADEMY ENTERED INTO A FIVE YEAR LEASE IN AUGUST 2016, WITH THE OPTION TO RENEW FOR ANOTHER FIVE YEARS, AT AN ANNUAL DISCOUNTED RENT OF $1.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Gillis
Headmaster
$89,661
Joseph Williams
Chairman
$0
Michael Babineau
Director
$0
Mary Vicinanzo
Director
$0
Tim Mark
Director
$0
Joseph Latona
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$247,621
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$247,621
Total Program Service Revenue$843,029
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,800
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $74,743
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,167,194

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Holy Family Educational Corporation has recieved totaling $250.

Awarding OrganizationAmount
Verizon Foundation

Basking Ridge, NJ

PURPOSE: MIP PAYOUT FOR 03/09/21

$250
View Grant Recipient Profile

Peer Organizations

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