FOUNDATION FOR THE ADVANCEMENT OF CATHOLIC SCHOOLS Charity Report

Public IRS 990 nonprofit record

FOUNDATION FOR THE ADVANCEMENT OF CATHOLIC SCHOOLS

EIN 06-1359802 · Scholarships & Student Financial Aid (B82)

What they do

IT is THE MISSION of THE FOUNDATION for THE ADVANCEMENT of CATHOLIC SCHOOLS to SUPPORT and ASSIST THE PARISH SCHOOLS and THE ARCHDIOCESAN HIGH SCHOOLS BY PROVIDING FUNDING for SCHOLARSHIPS and SPECIAL PROJECTS. THE FOUNDATION BELIEVES THAT CATHOLIC SCHOOLS PROVIDE STUDENTS WITH AN "EDUCATION for A LIFETIME", ESPECIALLY for THE POOR and UNDESERVED CHILDREN and YOUTH of THE ARCHDIOCESE of HARTFORD. WE EXIST BECAUSE CARING PEOPLE WHO UNDERSTAND THE VALUE of CATHOLIC SCHOOLS to THE CHILD, THE FAMILY, THE NEIGHBORHOOD, CONNECTICUT and SOCIETY AS A WHOLE HAVE BEEN DONATING TIME, TALENT and TREASURE for OVER 40 YEARS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $63.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.03%of revenue went to mission work63.2% of expenses · Program services

10.50%of revenue went to fundraising8.3% of expenses

$126.73spent for every $100 of revenueSpending was higher than revenue this year.

36.20%of revenue went to management and office costs28.6% of expenses

$15.47in assets for every $1 spent this yearSome assets cannot be spent right away.

26.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $195,951 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $146,478 for CINDY HOWARD (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$733,027

Mission workProgram services$586,67080.03% of revenue63.2% of expenses

ManagementOffice and general costs$265,35736.20% of revenue28.6% of expenses

FundraisingAsking for donations$76,95110.50% of revenue8.3% of expenses

Total expenses$928,978126.73% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 63.2% mission · 28.6% management · 8.3% fundraisingTotal expenses: 126.73% of revenue

2023Expense mix: 62.6% mission · 37.4% management · 0.0% fundraisingTotal expenses: 231.53% of revenue

2022Expense mix: 54.4% mission · 45.6% management · 0.0% fundraisingTotal expenses: 188.67% of revenue

Money in and money out

Revenue$733,027

Expenses$928,978

Annual shortfall $195,951 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$586,670 · 63.2% of expenses

Management and office costs$265,357 · 28.6% of expenses

Fundraising$76,951 · 8.3% of expenses

See all reported dollar amounts

Revenue$733,027

Expenses$928,978

Assets$14,367,376

Income$1,380,281

Contributions$195,784

Mission work (program services)$586,670

Fundraising$76,951

Management and general$265,357

Stocks and bonds$14,228,969

Accounting fees$31,398

Investing fees$43,565

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CINDY HOWARDEXECUTIVE DI · 38 hrs/week $146,478

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

CINDY HOWARDEXECUTIVE DI

KEVIN CARROLLTRUSTEE

RICHARD BRAAMTRUSTEE

REV MICHAEL WHYTETRUSTEE

REV JEFFREY ROMANSTRUSTEE

REV DANIEL KEEFETRUSTEE

REV CHRISTOPHER FORDTRUSTEE

PAULA FAHY OSTOPTRUSTEE

PATRICIA TEUFELTREASURER

NANCY PALMISANOSECRETARY

MARK SINATROTRUSTEE

MANUEL ASTIASARANTRUSTEE

ANDREW KNOTT ESQTRUSTEE

KEVIN BRADYTRUSTEE

JOHN SHEATRUSTEE

JOHN PATRICKTRUSTEE

JANE MILASTRUSTEE

DOUGLAS COTETRUSTEE

CHRISTOPHER COYNEMOST REVEREN

CHARLES HUNTVICE PRESIDE

BRIAN A GIANTONIOCHAIRMAN AND

ANITA SCHEPKERGOVERNANCE C

About this charity

Recognized since: January 2022
Location: 92 HOPMEADOW ST, WEATOGUE, CT 06089-9698
County: Hartford
In care of: % EXECUTIVE DIRECTOR
Primary officer: PATRICIA TEUFEL, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(860) 325-5096

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FIONDELLA MILONE & LASARACINA LLP
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid