Father Ryan High School
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$20,229,067.00
Projected Expenses
$21,880,043.00
Organizational Budgets and Other Documents
| Budget | 2024 |
IRS Letter of Exemption
| IRS Group Exemption Form | 1946 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $15,830,356.00 | $27,196,703.00 | $16,776,383.00 |
| Total Expenses | $20,086,635.00 | $18,949,114.00 | $17,576,440.00 |
| Revenue Less Expenses | ($4,256,279.00) | $8,247,589.00 | ($800,057.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $1,948,600.00 | $0.00 |
| Government - State | $0.00 | $1,576,919.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $1,896,592.00 | $2,721,490.00 | $1,401,784.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $16,102,098.00 | $15,690,175.00 | $14,984,897.00 |
| Investment Income, Net of Losses | $-2,398,250.00 | $5,099,188.00 | $236,706.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $229,916.00 | $160,331.00 | $152,996.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $17,371,330.00 | $16,547,747.00 | $15,070,937.00 |
| Administration Expense | $1,782,953.00 | $2,401,367.00 | $1,688,714.00 |
| Fundraising Expense | $932,352.00 | $0.00 | $816,789.00 |
| Total Revenue/Total Expenses | 79% | 144% | 95% |
| Program Expense/Total Expenses | 86% | 87% | 86% |
| Fundraising Expense/Contributed Revenue | 5% | 0% | 5% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $16,102,098.00 | Program Revenue $15,690,175.00 | Program Revenues $14,984,897.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $1,896,592.00 | Contributions, Gifts, and Grants $2,721,490.00 | Contributions, Gifts, and Grants $1,401,784.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $5,099,188.00 | Investment Income $236,706.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $54,029,874.00 | $49,201,280.00 | $49,201,280.00 |
| Current Assets | $4,090,654.00 | $5,364,116.00 | $5,603,532.00 |
| Long-Term Liabilities | $7,080,502.00 | $5,344,453.00 | $5,344,453.00 |
| Current Liabilities | $5,969,638.00 | $6,868,403.00 | $6,868,403.00 |
| Total Net Assets | $40,979,734.00 | $36,988,424.00 | $36,988,424.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$22,000,000.00
What is the spending policy for your endowment?
Income Only
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Exempt
Form 990s
No form 990s are available at this time
Audit Documents
| 2021-2022 Audit | 2022 |
| 2020-2021 Audit | 2021 |
| 2019-2020 Audit | 2020 |
Foundation Staff Comments
| Financial details compiled from Financial Audit. Financial details compiled by LBMC, PC. Comments provided by Nicole Rose 04/13/2023. |
