Civic Intelligence

St. Michael Academy

990 • Fiscal year 2019 • EIN 83-1363787

Jul 01, 2018 to Jun 30, 2019

Petoskey, MI
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

22.29x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

0.49x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

16th percentile

-21%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$9,845

No earlier filing loaded for comparison.

Net Assets

-$209,581

No earlier filing loaded for comparison.

Liabilities

$219,426

No earlier filing loaded for comparison.

Revenue

$447,083

No earlier filing loaded for comparison.

Expenses

$539,898

No earlier filing loaded for comparison.

Net Income

-$92,815

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2019: $9,845Liabilities 2019: $219,426Net Assets 2019: -$209,5812019Assets 2020: -$55,372Liabilities 2020: $544,418Net Assets 2020: -$599,7902020Assets 2021: $4,161Liabilities 2021: $555,668Net Assets 2021: -$551,5072021Assets 2022: $16,906Liabilities 2022: $235,364Net Assets 2022: -$218,4582022Assets 2023: $135,299Liabilities 2023: $295,457Net Assets 2023: -$160,1582023Assets 2024: $117,081Liabilities 2024: $246,142Net Assets 2024: -$129,0612024

Highlighted filing

2019

Assets$9,845
Liabilities$219,426
Net Assets-$209,581

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2019: $447,083Expenses 2019: $539,898Net Income 2019: -$92,8152019Revenue 2020: $404,632Expenses 2020: $791,777Net Income 2020: -$387,1452020Revenue 2021: $811,648Expenses 2021: $760,366Net Income 2021: $51,2822021Revenue 2022: $731,496Expenses 2022: $399,109Net Income 2022: $332,3872022Revenue 2023: $834,143Expenses 2023: $671,072Net Income 2023: $163,0712023Revenue 2024: $675,067Expenses 2024: $644,103Net Income 2024: $30,9642024

Highlighted filing

2019

Revenue$447,083
Expenses$539,898
Net Income-$92,815
Filing Detail Status

This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Mission and Program Overview

Mission

St. Michael academy (sma) is a non-public school that has met the adequacy requirements of the state board of education. The mission of sma is to prepare students for college and for life through the development of the whole person according to high standards of moral and intellectual excellence. It is the intent of st. Michael academy to engage exclusively in religious, educational and charitable activities. Sma follows a classical curriculum and grants high school diplomas.

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