HOLY APOSTLES COLLEGE AND SEMINARY INC

EIN: 061149131 501(c)(3) Education

CROMWELL, CT

Total Revenue
$7,270,062
Total Expenses
$6,692,596
Total Assets
$18,302,419
Net Assets
$17,556,211
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CT
Principal Officer
YOMARIE RIVERA
Phone
8606323015
Tax Period
2024-07-01 to 2025-06-30

HOLY APOSTLES COLLEGE AND SEMINARY INC, founded in 1985, is a community nonprofit in the Education sector that reported $7.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $6.7M left a modest 8% surplus.

Mission

EDUCATION OF STUDENTS IN MINISTERIAL FORMATION: CATHOLIC PRIESTHOOD AND LAY MINISTRY.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $499,294
Program Service Revenue $5,855,408
Investment Income $874,051
Other Revenue $41,309
TOTAL REVENUE $7,270,062

Expense Breakdown

Grants Paid $1,115,879
Salaries & Benefits $3,041,644
Fundraising Expenses $369,717
Program Expenses $4,485,198
Other Expenses $2,535,073
TOTAL EXPENSES $6,692,596

Year-over-Year Comparison

2024 2023 Change
Revenue $7,270,062 $6,173,648 +0.2%
Expenses $6,692,596 $5,974,846 +0.1%
Net Income $577,466 $198,802 +1.9%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
14
Employees
58
Volunteers
2

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERY REVEREND MARTIN ROONEY MSA CHANCELLOR 1.00
Officer Director
$0 $0 $0
ATTY ROBERT O'HARA CHAIR 1.00
Officer Director
$0 $0 $0
FATHER PETER KUCER MSA PRESIDENT-RECTOR 1.00
Director
$0 $0 $0
MR JEFFREY M NELSON DIRECTOR 1.00
Director
$0 $0 $0
VERY REVEREND LUIS LUNA-BARRERA MS DIRECTOR 1.00
Director
$0 $0 $0
REVEREND EDWARD PRZYGOCKI MSA SECRETARY 1.00
Director
$0 $0 $0
REV CARLOS BRICENO DIRECTOR 1.00
Director
$0 $0 $0
GIGI A SIMKO GOVERNANCE 1.00
Director
$0 $0 $0
MR TONY CACACE TREASURER 1.00
Director
$0 $0 $0
ATTY JOHN F WOLTER DIRECTOR 1.00
Director
$0 $0 $0
REVEREND JOS HUMBERTO NGEL MARTNEZ DIRECTOR 1.00
Director
$0 $0 $0
SISTER THOMAS MORE STEPNOWSKI OP DIRECTOR 1.00
Director
$0 $0 $0
MR DAVID MASSE DIRECTOR 1.00
Director
$0 $0 $0
CMDR BRANDON JOSEPH BROWN DIRECTOR 1.00
Director
$0 $0 $0
JASON M GILL VICE PRESIDENT OF ENROLLMENT 40.00
Highest
$103,222 $0 $103,222
BEVERLY M TRYON AVP, ADVANCEMENT AND ALUMNI RELATIONS 40.00
Highest
$115,084 $0 $115,084
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 $7,270,062 $6,692,596 $18,302,419 $577,466
2024 No data No data No data No data
2023 $5,738,415 $6,518,709 $16,594,392 $-780,294
2022 $9,078,766 $6,387,525 $16,975,165 $2,691,241
2021 $4,680,803 $4,890,500 $16,690,513 $-209,697
2020 $4,309,770 $4,395,786 $15,042,875 $-86,016
2019 $3,565,463 $4,149,562 $15,697,038 $-584,099
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