Raphael Academy EIN 58-2011105

Raphael Academy FY2020 filing

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Provides special needs education for middle and high school students. For fiscal year 2020 it reported $229K in revenue, $285K in expenses, and $48K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
New Orleans, LA
Website
www.raphaelacademy.org
Filings
6 on file (2020–2020)
Revenue
$229KFY2020
Expenses
$285K
Net assets
$48K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  58-2011105 Public charity (501(c)(3)) New Orleans, LA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides special needs education for middle and high school students.
Leadership
Jacqueline Case · Founder
Money in and out
$229K revenue, $285K expenses
Bottom line
89% program efficiency
Where the money goes · FY2020
Total revenue
$229K
Pt VIII · Ln 12
Total expenses
$285K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$55K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.10 Fundraising $0.00
Program efficiency
89%
of spending reaches programs
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$229K
FY2020
Expenses
$285K
FY2020
Total assets
$454K
FY2020
Total liabilities
$405K
FY2020
Total revenue
$229K
Pt VIII · Ln 12
Total expenses
$285K
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$55K
Total assetsPt X · Ln 16$454K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $254K of program spending, described in the organization's own filed words · FY2019.
01

Special needs education for 6th through 12th grade students

$254Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRaphael Academy
EINHdr · item D58-2011105
Principal addressHdr · item CNew Orleans, LA
WebsiteHdr · item Jwww.raphaelacademy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Communications
$0Pt VII · Sec A
$0Pt VII · Sec A
Guild Prog Comm
$0Pt VII · Sec A
$0Pt VII · Sec A
Guild Prog Comm
$0Pt VII · Sec A
Adv Board Mbr
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Jacqueline Case$20,500$20,000$16,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$115K · 50%
Contributions & grants$80K · 35%
Other revenue$34K · 15%
Program service revenue50%$115K
Contributions & grants35%$80K
Other revenue15%$34K
Investment income$15
Total revenueLn 12$229K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.10 Fundraising $0.00
Program services89%$254K
Management & general10%$29K
Fundraising$1K
Total functional expensesLn 25$285K

Balance Sheet

Part X · end of year
CashLn 1$83K
Total assetsLn 16$454K
Total liabilitiesLn 26$405K
Total net assetsLn 32$48K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $83K · Operating expenses/yr $285K
3.5 months
Where the money goes
Program services
Program services $254K · Total expenses $285K
89%
Management & General
Management & general $29K · Total expenses $285K
10%
Fundraising
Fundraising $1K · Total expenses $285K
0.5%
Cost to raise $1
Fundraising expense $1K · Solicited contributions $80K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $80K · Total revenue $229K
35%
Government reliance
Government grants — · Total revenue $229K
Earned-income share
Program service revenue $115K · Total revenue $229K
50%
Investment reliance
Investment income $15 · Total revenue $229K
<0.01%
Program self-sufficiency
Program service revenue $115K · Total expenses $285K
41%
Growth & trend
Revenue growth (YoY)
This year $229K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $229K · Expenses $285K
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $454K
Net-asset ratio
Net assets $48K · Total assets $454K
11%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $454K
0%
People & payroll
Highest Reported Total Compensation
Individual Jacqueline Case · Reported title Founder · Highest reported compensation $0 · Total expenses $285K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $228K · Total expenses $285K
80%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 10%
Fundraising cost ratio 2%
Investment management fee ratio 0%
Legal fee ratio <0.01%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$30K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$0 revenue · ⤓ 990 PDF
FY2024$213K revenue · ⤓ 990 PDF
FY2023$541K revenue · ⤓ 990 PDF
FY2022$256K revenue · ⤓ 990 PDF
FY2021$294K revenue · ⤓ 990 PDF
FY2020$229K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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