Collegium Sanctorum Angelorum Inc
- Assets
- $859.8k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Hagerstown, MD
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-4638414
Organization Overview
Collegium Sanctorum Angelorum Inc is located in Hagerstown, MD. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2022, Collegium Sanctorum Angelorum Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collegium Sanctorum Angelorum 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 12/2022, Collegium Sanctorum Angelorum Inc generated $1.0m in total revenue. All expenses for the organization totaled $633.9k during the year ending 12/2022. While expenses have increased by 79.3% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COLLEGIUM IS A FAITHFUL, AFFORDABLE, AND CLASSIC LIBERAL ARTS COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNDERGRADUATE EDUCATION PROVIDING A FORMATION IN CATHOLIC LIVING ORIENTED TOWARD THE ATTAINMENT OF HEAVEN THROUGH AN INTEGRATED PROGRAM OF PRAYER, WORK, STUDY, AND RECREATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Schaefer Chairman | Officer | 40 | $36,000 |
Donna Bethell Trustee | Trustee | 1 | $0 |
Michael Detar Trustee | Trustee | 1 | $0 |
Paul King Trustee | Trustee | 1 | $0 |
Daniel Taylor Trustee | Trustee | 1 | $0 |
John Mckernan President | Officer | 1 | $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 | $854,904 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $854,904 |
| Total Program Service Revenue | $168,629 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,470 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,036,003 |
| 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. | $36,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,466 |
| Fees for services: Accounting | $8,412 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $885 |
| Advertising and promotion | $78,857 |
| Office expenses | $18,290 |
| Information technology | $4,388 |
| Royalties | $0 |
| Occupancy | $206,422 |
| Travel | $22,442 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,682 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,740 |
| Insurance | $31,996 |
| All other expenses | $9,573 |
| Total functional expenses | $633,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,565 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,339 |
| 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 | $13,196 |
| Net Land, buildings, and equipment | $481,617 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $44,059 |
| Total assets | $859,776 |
| Accounts payable and accrued expenses | $979 |
| Grants payable | $0 |
| Deferred revenue | $7,700 |
| 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 | $158,025 |
| Other liabilities | $3,635 |
| Total liabilities | $170,339 |
| Net assets without donor restrictions | $689,437 |
| Net assets with donor restrictions | $0 |
| 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 | $859,776 |