Presentation Academy
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Presentation Academy meets the 20 Standards for Charity Accountability.
Stated Purpose:
In the spirit of Mother Catherine Spalding and the Sisters of Charity of Nazareth, Presentation Academy strives to create a diverse community that promotes academic excellence and challenges young women to develop their greatest potential as leaders in a global society.
Year, State Incorporated:
2004, KY
Presentation Academy is one of the oldest schools in Louisville and has enacted that mission for 191 years, educating generations intellectually, physically, socially, and emotionally.
For the year ended June 30, 2022, Presentation Academy's program expenses were:
| Program services | $2,492,106 |
| Total Program Expenses | $2,492,106 |
Chief Executive
Amy Fowler, Head of External Affairs
Chair of the Board
Ms. Katie Denzinger Horsmann
Chair's Profession / Business Affiliation
Retired
Board Size
10
Paid Staff Size
35
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals, Appeals via Social Media (Facebook, etc.)
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.
The following information is based on Presentation Academy's audited financial statements - consolidated for the year ended June 30, 2022.
Source of Funds
| Tuition and revenue, net of financial aid and scholarships | $1,508,109 |
| Contributions | $901,540 |
| Other income | $364,208 |
| Fundraising events, net | $295,783 |
| Athletics income | $73,845 |
| Auxiliary income | $57,404 |
| Total Income | $3,200,889 |
Programs: 70% Fundraising: 4% Administrative: 26%
| Total Income | $3,200,889 |
| Total expenses: | $3,574,118 |
| Program expenses | $2,492,106 |
| Fundraising expenses | $148,404 |
| Administrative expenses | $933,608 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-373,229 |
| Beginning Net Assets | $2,997,066 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $2,623,837 |
| Total Liabilities | $3,403,409 |
| Total Assets | $6,027,246 |
Total assets as reported above include $4,672,758 in property and equipment, net.
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 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 International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB serving Greater Kentucky and South Central Indiana