SACRED HEART ACADEMY EDUCATION FOUN

EIN: 844727731 501(c)(3) Religion

GRAND RAPIDS, MI

Total Revenue
$219,077
Total Expenses
$199,424
Total Assets
$825,250
Net Assets
$825,250
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MI
Principal Officer
REV ROBERT SIRICO
Tax Period
2025-01-01 to 2025-12-31

SACRED HEART ACADEMY EDUCATION FOUN, founded in 2020, is a small nonprofit in the Religion sector that reported $219K in total revenue in fiscal year 2025. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $199K left a modest 9% surplus.

Mission

THE SACRED HEART EDUCATION FOUNDATION IS A SUPPORTING ORGANIZATION ESTABLISHED TO RECEIVE DONATIONS AND PROVIDE IMPORTANT FUNDING TO SACRED HEART ACADEMY CATHOLIC CLASSICAL SCHOOL.

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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 (2025)

Revenue Breakdown

Contributions & Grants $182,108
Program Service Revenue $0
Investment Income $36,969
Other Revenue $0
TOTAL REVENUE $219,077

Expense Breakdown

Grants Paid $153,291
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $180,753
Other Expenses $46,133
TOTAL EXPENSES $199,424

Year-over-Year Comparison

2025 2024 Change
Revenue $219,077 $161,736 +0.4%
Expenses $199,424 $58,608 +2.4%
Net Income $19,653 $103,128 -0.8%
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

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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
7
Independent Members
7
Employees
N/A
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV ROBERT SIRICO PRESIDENT N/A
Director
$0 $0 $0
ELLY BLOUW DIRECTOR N/A
Director
$0 $0 $0
ZACH GOOD DIRECTOR N/A
Director
$0 $0 $0
SEAN MALTBIE SECRETARY N/A
Director
$0 $0 $0
JERRY HATLEY DIRECTOR N/A
Director
$0 $0 $0
ERIC KOVALAK DIRECTOR N/A
Director
$0 $0 $0
AMBER HISKE TREASURER N/A
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 $219,077 $199,424 $825,250 $19,653
2024 No data No data No data No data
2023 $390,134 $171,857 $636,318 $218,277
2022 $38,375 $69,698 $339,693 $-31,323
2021 $143,237 $2,738 $451,733 $140,499
2020 $300,000 No data $300,000 No data
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