San Miguel Education Center

Organization Overview

San Miguel Education Center is located in Providence, RI. The organization was established in 1946. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, San Miguel Education Center employed 18 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. San Miguel Education Center 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 06/2021, San Miguel Education Center generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $1.7m during the year ending 06/2021. While expenses have increased by 3.1% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A HIGH QUALITY, HOLISTIC EDUCATION FOR BOYS FROM DIVERSE AND CHALLENGING BACKGROUNDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OFFER STATE APPROVED, NEASC ACCREDITED, INDEPENDENT MIDDLE SCHOOL (GRADES 5-8) EDUCATION FOR APPROXIMATELY 63 BOYS FROM LOW INCOME FAMILIES IN THE GREATER PROVIDENCE AREA AND PREPARE THEM FOR EITHER PRIVATE OR PUBLIC HIGH SCHOOLS WHEN THEY GRADUATE. OVER 97% OF SAN MIGUEL'S OPERATING BUDGET IS FINANCED BY THE GENEROUS CONTRIBUTIONS OF PRIVATE INDIVIDUALS, CORPORATIONS AND FOUNDATIONS.


OFFER A GRADUATE SUPPORT PROGRAM WHICH PROVIDES ACADEMIC SUPPORT AND COUNSELING TO OUR STUDENTS AS THEY TRANSITION INTO HIGH SCHOOL, COLLEGE, AND BEYOND. THE SCHOOL IS ALSO ABLE TO PROVIDE FINANCIAL AID TO GRADUATES TO HELP BRIDGE THE TUITION GAP OF ATTENDING PRIVATE HIGH SCHOOLS.


OFFER A WIDE ARRAY OF AFTER SCHOOL PROGRAMMING (ACADEMIC, ATHLETICS, ARTS, COMMUNITY SERVICE, ETC.) AND SUMMER CAMPS DURING THE MONTHS OF JULY AND AUGUST. DUE TO THE COVID-19 PANDEMIC, AFTERSCHOOL ACTIVITIES WERE SIGNIFICANTLY REDUCED THIS FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
John Wolf
Executive Director
$76,390
Paul Mahoney
Director/vice Chair
$0
Dennis Leamy
Director/chair
$0
Bertrand Cooper
Director/secretary
$0
Michael Costello
Director/treasurer
$0
Jessica Blanco-Busam
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$218,908
Related organizations$0
Government grants $202,500
All other contributions, gifts, grants, and similar amounts not included above$5,025,161
Noncash contributions included in lines 1a–1f $27,058
Total Revenue from Contributions, Gifts, Grants & Similar$5,446,569
Total Program Service Revenue$76,580
Investment income $114,313
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,431
Net Income from Fundraising Events -$654
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,640,239

Grants Recieved

Over the last fiscal year, we have identified 24 grants that San Miguel Education Center has recieved totaling $691,471.

Awarding OrganizationAmount
The Rhode Island Community Foundation

Providence, RI

PURPOSE: COVID-19 VACCINATION INCENTIVE FUND GRANT; GENERAL OPERATING; GENERAL SUPPORT; STEAM ROBOTICS PROGRAM KITS AND LAPTOPS; STAR CAMPAIGN; SPONSOR A STUDENT/ CAPITAL CAMPAIGN; MEMORIAL GIFT; PROGRAM SUPPORT; CURRENT CAPITAL CAMPAIGN; MENTAL HEALTH AND WELLNESS PROGRAM; CHRISTMAS NEEDS; GALA

$237,308
Marie Christine Foundation

New York, NY

PURPOSE: GENERAL

$120,000
United Way Of Rhode Island Inc

Providence, RI

PURPOSE: DESIGNATED DONATION/GRANT

$54,345
Amica Companies Foundation

Lincoln, RI

PURPOSE: GENERAL PURPOSE

$50,000
Thomas A Rodgers Jr Family Foundation

Newport, RI

PURPOSE: SCHOLARSHIP FUND

$30,000
Cvs Health Charity Classic Inc

Woonsocket, RI

PURPOSE: GENERAL

$30,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,545,748
Earnings$793,082
Net Contributions$642,994
Grants$27,541
Ending Balance$4,954,283

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