HOLY FAMILY EDUCATIONAL CORP DBA HOLY FAMILY ACADEMY (EIN 020496230) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

JOSEPH WILLIAMS

Phone

6036447247

Tax Period

2024-07-01 to 2025-06-30

HOLY FAMILY EDUCATIONAL CORP DBA HOLY FAMILY ACADEMY, founded in 1988, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $226,087

Program Service Revenue $976,294

Investment Income $12,948

Other Revenue $230,019

TOTAL REVENUE $1,445,348

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $977,831

Fundraising Expenses $0

Program Expenses $1,507,909

Other Expenses $380,078

TOTAL EXPENSES $1,507,909

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,445,348	$1,467,387	0.0%
Expenses	$1,507,909	$1,354,821	+0.1%
Net Income	$-62,561	$112,566	-1.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$104,566

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK GILLIS	HEADMASTER	40.00	Officer	$104,566	$0	$104,566
JOSEPH WILLIAMS	Chairman	15.00	Officer Director	$0	$0	$0
TIM MARK	Director	0.00	Director	$0	$0	$0
MARY VICINANZO	Director	2.00	Director	$0	$0	$0
BRENDA BABINEAU	Treasurer	5.00	Officer Director	$0	$0	$0
MICHAEL BABINEAU	Director	2.00	Director	$0	$0	$0
ELIZABETH NICKERSON	Director	2.00	Director	$0	$0	$0
JOSEPH LATONA	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,445,348	$1,507,909	$511,028	$-62,561
2024	$1,467,387	$1,354,821	$574,776	$112,566
2023	$1,210,000	$1,290,203	$538,196	$-80,203
2022	$1,167,194	$1,231,392	$622,555	$-64,198
2021	$1,256,298	$952,599	$697,486	$303,699
2020	$1,015,501	$1,030,044	$581,839	$-14,543

HOLY FAMILY EDUCATIONAL CORP DBA HOLY FAMILY ACADEMY