Is Regina Angelorum Academy Legit?

Regina Angelorum Academy demonstrates a generally healthy financial trajectory, marked by consistent revenue growth and increasing asset accumulation over the past decade. The organization's latest revenue of $2,555,817 and assets of $2,608,464 indicate a stable and growing financial base. Their spending efficiency appears strong, with expenses closely aligned with revenue, suggesting effective resource utilization. For instance, in 2023, expenses were $2,234,542 against revenues of $2,277,298, indicating a high proportion of funds are being deployed for operations. A notable aspect of their financial management is the consistent reporting of 0% officer compensation across all available filings. This suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation directly to mission-related activities rather than high administrative overhead. The academy's NTEE code B240 (Elementary & Secondary Schools) aligns with its mission, and the financial data supports its operational capacity to fulfill this purpose. While the filings consistently show low liabilities, the absence of detailed program, administrative, and fundraising expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. However, the overall financial health, growth in assets, and the absence of reported officer compensation point towards a well-managed and transparent organization, at least in terms of executive remuneration.