Notre Dame Academy Foundation is located in Toledo, OH. The organization was established in 1946. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Notre Dame Academy Foundation 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 Academy Foundation generated $649.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $420.7k during the year ending 06/2022. 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 ORGANIZATION OVERSEES GIFTS AND CORRESPONDING INVESTMENTS FOR NOTRE DAME ACADEMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS ESTABLISHED TO HOLD, INVEST AND ADMINISTER CONTRIBUTIONS, GIFTS AND GRANTS FROM THE GENERAL PUBLIC FOR THE BENEFIT OF NOTRE DAME ACADEMY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Toney Trustee | Trustee | 0.1 | $0 |
Bridgett Root Trustee | Trustee | 0.1 | $0 |
Shayla Bell-Moriarty Trustee | Trustee | 0.1 | $0 |
Dave Koenig Chair | OfficerTrustee | 0.1 | $0 |
Kim Grilliot President | OfficerTrustee | 0.1 | $0 |
Rob Loeb Trustee | Trustee | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $455,523 |
| Investment income | $196,128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,821 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $649,830 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,558 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $420,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,592 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $183,217 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $720,724 |
| Investments—other securities | $4,565,222 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,293,620 |
| Total assets | $8,998,375 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $613,149 |
| Net assets with donor restrictions | $8,385,226 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $8,998,375 |