ST ALOYSIUS CENTURY FOUNDATION

EIN: 237004460 501(c)(3) Education

NEW ORLEANS, LA

Total Revenue
$2,737,550
Total Expenses
$3,781,212
Total Assets
$29,873,498
Net Assets
$29,728,371
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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
1968
Legal Domicile
LA
Principal Officer
KENNETH SPELLMAN
Phone
5042831561
Tax Period
2023-07-01 to 2024-06-30

ST ALOYSIUS CENTURY FOUNDATION, founded in 1968, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $3.8M exceeded revenue, resulting in a 38% operating deficit.

Mission

ST. ALOYSIUS CENTURY FOUNDATION IS ORGANIZED TO PROVIDE SUPPORT FOR EDUCATIONAL, (CONT'D SCH. O) RELIGIOUS, AND CHARITABLE PURSUITS OF THE OPERATIONS OF BROTHER MARTIN HIGH SCHOOL IN NEW ORLEANS, LA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,090,332
Program Service Revenue $0
Investment Income $661,112
Other Revenue $-13,894
TOTAL REVENUE $2,737,550

Expense Breakdown

Grants Paid $3,352,155
Salaries & Benefits $253,641
Fundraising Expenses $151,326
Program Expenses $3,352,155
Other Expenses $175,416
TOTAL EXPENSES $3,781,212

Year-over-Year Comparison

2023 2022 Change
Revenue $2,737,550 $2,264,551 +0.2%
Expenses $3,781,212 $378,939 +9.0%
Net Income $-1,043,662 $1,885,612 -1.6%
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
9
Independent Members
7
Employees
N/A
Volunteers
300

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
3
$299,748
Total Directors
9
$299,748
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY E ROMIG JR DIRECTOR 0.50
Director
$0 $0 $0
TIMOTHY BENNETT DIRECTOR 0.50
Director
$0 $0 $0
CHUCK STALL DIRECTOR 0.50
Director
$0 $0 $0
EMMETT DUPAS DIRECTOR 0.50
Director
$0 $0 $0
DAVID GLAVIANO DIRECTOR 0.50
Director
$0 $0 $0
MARK RAYMOND JR DIRECTOR 0.50
Director
$0 $0 $0
JOHN DEVLIN III CHAIRMAN 0.50
Officer Director
$0 $0 $0
KENNETH SPELLMAN PRESIDENT 2.00
Officer Director
$0 $12,492 $106,327
GREG RANDO SECRETARY/TREASURER 2.50
Officer Director
$0 $16,639 $193,421
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 No data No data No data No data
2024 $2,737,550 $3,781,212 $29,873,498 $-1,043,662
2023 $2,264,551 $378,939 $28,520,500 $1,885,612
2022 $3,854,235 $720,822 $25,921,698 $3,133,413
2021 $2,242,922 $601,175 $26,160,722 $1,641,747
2020 $1,857,434 $2,223,095 $21,638,868 $-365,661
2019 $2,690,577 $4,211,276 $21,432,427 $-1,520,699
2018 $3,681,914 $5,873,521 $24,517,278 $-2,191,607
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