Better Business Bureau Report for
Nativity Academy At St. Boniface

Better Business Bureau Report issued November 2010
Better Business Bureau Report expires November 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Nativity Academy At St. Boniface
Address: 529 E. Liberty Street
  Louisville, KY 40202
Phone: 502-562-2190
Web Address: www.nativityacademy.org
Also known as:Nativity Academy
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Better Business Bureau Comments

Year, State Incorporated: 2002, Kentucky
Affiliates: None
Stated Purpose: Nativity Academy at St. Boniface is a private middle school in the Catholic tradition serving low-income children in Metro-Louisville. The school's mission is to challenge its students to reach their full potential academically, spiritually and socially, so they may grow to be responsible, caring and active leaders in their families, communities and society.

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Evaluation Conclusions

               

Nativity Academy At St. Boniface meets the 20 Standards for Charity Accountability.
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Programs

               

Nativity provides middle school (grades 6-8) instruction, extended day activities and graduate support (for Nativity graduates in high school). Nativity Academy at St. Boniface was started in 2002. The first Nativity class has now graduated from high school and 93% of the high school graduates are pursuing post secondary education.

For the fiscal year ended June 30, 2010, Nativity Academy At St. Boniface's program expenses were:

  
Program services 708,319
Total Program Expenses: $708,319
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Governance

               

Chief Executive : Paula Kleine-Kracht, OSU, Ph.D., Executive Director
Compensation*:

Chair of the Board: Alice Cowley
Chair's Profession / Business Affiliation: Spalding University, School of Nursing

Board Size: 23

Paid Staff Size: 22

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Fund Raising

               

Method(s) Used:

Fund raising methods include direct mail, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, cause-related marketing
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $661,101, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Nativity Academy’s audited financial statements for the year that ended June 30, 2010.

Ending net assets as reported below include $158,895 in unrestricted net assets and $35,239 in temporarily restricted net assets.

Total assets as reported include $172,798 in building improvements and equipment., net.



Source of Funds  
Contributions/grants 300,473
Sponsored Scholarships 289,178
Special Events 71,450
Program Fees 48,338
Tuition 11,368
Interest 659
Total Income $721,466


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Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 10%  Administrative: 6% 

Total income   $721,466
  Program expenses $708,319
  Fund raising expenses 88,615
  Administrative expenses 52,379
 
Total expenses   $849,313
Expenses in Excess of Income   (127,847)
Beginning net assets   321,981
Ending net assets   194,134
Total liabilities   54,248
Total assets   $248,382


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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