QUEEN OF HEAVEN ACADEMY

EIN: 471336045 501(c)(3) Education

FORT WORTH, TX

Total Revenue
$1,233,391
Total Expenses
$788,737
Total Assets
$2,356,503
Net Assets
$2,356,274
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
WENDY PIERCE
Phone
8178052818
Tax Period
2022-07-01 to 2023-06-30

QUEEN OF HEAVEN ACADEMY, founded in 2014, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $445K, a strong 36% operating margin.

Mission

It is the Academy's mission to be "beautiful indeed" by assisting parents in their holy duty to form their children in the image of Christ. In Divine Hope, we lift our eyes toward the day when the answer to the High Priestly Prayer's answer will be visible to men and to angels.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,233,391
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,233,391

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $731,828
Fundraising Expenses $0
Program Expenses $643,381
Other Expenses $51,909
TOTAL EXPENSES $788,737

Year-over-Year Comparison

2022 2021 Change
Revenue $1,233,391 $1,060,578 +0.2%
Expenses $788,737 $490,703 +0.6%
Net Income $444,654 $569,875 -0.2%
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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Governance

Voting Members
5
Independent Members
3
Employees
27
Volunteers
N/A

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
$138,613
Total Directors
5
$138,613
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH CARMONA Treasurer 40.00
Officer Director
$69,696 $0 $69,696
WENDY PIERCE President 40.00
Officer Director
$68,917 $0 $68,917
PETER CAPANI Vice President 1.00
Officer Director
$0 $0 $0
JO SHRADER Director 1.00
Director
$0 $0 $0
JOHN STANILAND Director 1.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,233,391 $788,737 $2,356,503 $444,654
2022 $1,013,690 No data No data No data
2021 $1 No data No data No data
2021 $695,532 $451,633 $1,341,745 $243,899
2020 $1,013,690 $787,363 $1,094,204 $226,327
2019 $1,004,204 $803,846 $869,565 $200,358
2018 $959,895 $740,544 $689,358 $219,351
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