St Joseph Academy Inc
- Assets
- $6.7m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 94
- Location
- Milwaukee, WI
- Founding
- 03/1946
- Data as of
- 06/2023
- EIN
- 39-0806262
Organization Overview
St Joseph Academy Inc is located in Milwaukee, WI. The organization was established in 1946. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2023, St Joseph Academy Inc employed 94 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Joseph Academy 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 06/2023, St Joseph Academy Inc generated $5.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $5.9m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MINISTRY IS COMPOSED OF TWO EDUCATIONAL PROGRAMS - EARLY CHILDHOOD AND ELEMENTARY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. JOSEPH ACADEMY, INC. PROVIDES CHILD CARE AND EDUCATIONAL SERVICES FOR INFANTS, TODDLERS, PRE-SCHOOL AND SCHOOL AGE CHILDREN FROM 6 WEEKS TO 12 YEARS. WE TRADITIONALLY SERVE A HIGH POPULATION OF LOW INCOME CHILDREN. APPROXIMATELY SEVENTY-FIVE (75) PERCENT OF THE CHILDREN SERVED RECEIVE A WISCONSIN SHARES CHILDCARE SUBSIDY (W2). WE CONTINUE TO PROVIDE SERVICES FOR DIVERSE ETHNIC GROUPS.
OPERATING A SCHOOL AS PART OF PARENTAL SCHOOL CHOICE PROGRAMS (PSCP) AUTHORIZED UNDER THE WISCONSIN DEPARTMENT OF PUBLIC INSTRUCTION. CURRENTLY, NINETY-NINE (99) PERCENT OF THE SCHOOL CHILDREN RECEIVE PSCP PAYMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Hertz MD Director | Trustee | 0.5 | $0 |
James Lubawski Director | Trustee | 0.5 | $0 |
Mary Binder Chair Director | Trustee | 0.5 | $0 |
Norman Mcgee Director | Trustee | 0.5 | $0 |
Blanca Arenas Baez Director | Trustee | 0.5 | $0 |
James Schultz Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrity Cleaning Llc Cleaning Services | 6/29/23 | $193,280 |
Marek Landscaping Llc Landscaping | 6/29/23 | $133,585 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $44,772 |
| Membership dues | $0 |
| Fundraising events | $58,339 |
| Related organizations | $57,555 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $348,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $508,995 |
| Total Program Service Revenue | $5,000,214 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$625 |
| Net Income from Fundraising Events | -$22,363 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,486,221 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,249 |
| Compensation of current officers, directors, key employees. | $31,813 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,985,132 |
| Pension plan accruals and contributions | $56,066 |
| Other employee benefits | $552,247 |
| Payroll taxes | $227,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,299 |
| Fees for services: Accounting | $66,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,340 |
| Office expenses | $59,568 |
| Information technology | $32,602 |
| Royalties | $0 |
| Occupancy | $452,792 |
| Travel | $12,009 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $89,286 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52,381 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $534,994 |
| Insurance | $34,215 |
| All other expenses | $78,231 |
| Total functional expenses | $5,876,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,429,119 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,828 |
| Accounts receivable, net | $45,068 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,315 |
| Net Land, buildings, and equipment | $5,085,176 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,000 |
| Total assets | $6,669,506 |
| Accounts payable and accrued expenses | $435,508 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $2,424,867 |
| Other liabilities | $77,000 |
| Total liabilities | $2,937,375 |
| Net assets without donor restrictions | $3,592,575 |
| Net assets with donor restrictions | $139,556 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,669,506 |