Mount St Michael Catholic School FY2021 filing

Dallas, TX · Public charity (501(c)(3)) · Since 2016 · Education

✓ Tax-deductible
Revenue
$960K
Spent
$962K
To programs
100%
Net assets
$175K
By yearFY2021–FY2024
Revenue
$960K
FY2021
Revenue by fiscal year
FY2021$960K
FY2022$1.2M
FY2023$1.1M
FY2024$1.3M
FY2024$1.5M
Expenses
$962K
FY2021
Expenses by fiscal year
FY2021$962K
FY2022$1.2M
FY2023$1.1M
FY2024$1.3M
FY2024$1.5M
Net assets
$175K
FY2021
Net assets by fiscal year
FY2021$175K
FY2022$173K
FY2023$171K
FY2024$170K
FY2024$168K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CMount St Michael Catholic School
EINHdr · item D81-0704170
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFFeb 2016
Year of formationHdr · item L2016
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CDallas, TX
NTEE classificationIRS BMFEducation (B20)
WebsiteHdr · item Jwww.msmcatholic.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$962K
Total functional expensesLn 25$962K

Financial health

Is it on solid ground?

Program efficiency
100%
of spending reaches programs
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$510K
FY2021
Total assets by fiscal year
FY2021$510K
FY2022$371K
FY2023$417K
FY2024$552K
FY2024$781K
Total liabilities
$335K
FY2021
Total liabilities by fiscal year
FY2021$335K
FY2022$198K
FY2023$245K
FY2024$382K
FY2024$612K
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$510K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$281K
Total assetsLn 16$510K
Total liabilitiesLn 26$335K
Total net assetsLn 32$175K
Months of cash on handcomputed3.5

Statement of Revenue

Part VIII
Program service revenue$587K · 61%
Contributions & grants$374K · 39%
Program service revenue61%$587K
Contributions & grants39%$374K
— government grantsLn 1e$153K
Total revenueLn 12$960K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $281K · Operating expenses/yr $962K
3.5 months
Where the money goes
Program services
Program services $962K · Total expenses $962K
100%
Management & General
Management & general $0 · Total expenses $962K
0%
Fundraising
Fundraising $0 · Total expenses $962K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $221K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $374K · Total revenue $960K
39%
Government reliance
Government grants $153K · Total revenue $960K
16%
Earned-income share
Program service revenue $587K · Total revenue $960K
61%
Investment reliance
Investment income $0 · Total revenue $960K
0%
Program self-sufficiency
Program service revenue $587K · Total expenses $962K
61%
Growth & trend
Revenue growth (YoY)
This year $960K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $175K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $960K · Expenses $962K
-0.2%
Liabilities-to-Assets
Total liabilities — · Total assets $510K
—
Net-asset ratio
Net assets $175K · Total assets $510K
34%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $510K
0%
People & payroll
Highest Reported Total Compensation
Individual David Peterman JR · Reported title President · Highest reported compensation $0 · Total expenses $962K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $812K · Total expenses $962K
84%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost 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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See Mount St Michael Catholic School executive salaries →

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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Educates children from pre-kindergarten through eighth grade in a private school setting.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $962K of program spending, described in the organization's own filed words · FY2020.
01

Tuition

$962Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $1.3M$1.3M+12% 990 PDF
FY2023 $1.1M$1.1M-3% 990 PDF
FY2022 $1.2M$1.2M+21% 990 PDF
FY2021 Viewing $960K$962K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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