2024-08-15T13:47:21-05:00 2023-12-31 640767137 PILTZ WILLIAMS LAROSA & CO P O BOX 231 BILOXI MS 39533 990 2023-01-01 271969758 NATIVITY SCHOOL FOUNDATION NATI 2283851010 PO BOX 453 BILOXI MS 395330453 STEPHEN P THEOBALD TREASURER 2283744141 2024-08-12 1 0 STEPHEN P THEOBALD CPA P00133370 2283744141 2024-08-07 2023 2024-08-08 14:25:15Z STEPHEN P THEOBALD 1077 TOMMMY MUNRO DR BILOXI MS 39532 951746 0 X NATIVITYSCHOOLFOUNDATION.ORG X MS NON-PROFIT CORPORATION 2010 MS THE PURPOSE OF THE NATIVITY SCHOOL FOUNDATION IS TO PRESERVE ONE OF BILOXI'S VITAL EDUCATIONAL INSTITUTIONS AND CITY TREASURES NATIVITY BVM ELEMENTARY SCHOOL, WHICH HAS CONTINUOUSLY PRODUCED COMMUNITY LEADERS FOR GENERATIONS. NATIVITY BVM ACCEPTS STUDENTS OF ALL FAITHS AND PROVIDES SUPERIOR EDUCATIONAL OPPORTUNITIES IN A CHRISTIAN FRAMEWORK. ITS SUCCESS IN STUDENT DEVELOPMENT IS UNDERSCORED BY SUPERIOR PERFORMANCE ON STATEWIDE STANDARDIZED TESTS. 9 9 0 0 0 0 152408 61133 0 0 15510 7270 -230957 169483 -63039 237886 63800 68800 0 0 0 0 0 0 0 19806 22402 83606 91202 -146645 146684 1577058 1723742 0 0 1577058 1723742 X THE PURPOSE OF THE NATIVITY SCHOOL FOUNDATION IS TO PRESERVE ONE OF BILOXI'S VITAL EDUCATIONAL INSTITUTIONS AND CITY TREASURES NATIVITY BVM ELEMENTARY SCHOOL, WHICH HAS CONTINUOUSLY PRODUCED COMMUNITY LEADERS FOR GENERATIONS. NATIVITY BVM ACCEPTS STUDENTS OF ALL FAITHS AND PROVIDES SUPERIOR EDUCATIONAL OPPORTUNITIES IN A CHRISTIAN FRAMEWORK. ITS SUCCESS IN STUDENT DEVELOPMENT IS UNDERSCORED BY SUPERIOR PERFORMANCE ON STATEWIDE STANDARDIZED TESTS. 0 0 68800 68800 THE FOUNDATION HAS REACHED ITS GOAL OF $1,050,000 NET ASSETS, AND AS PER BYLAWS, IS ABLE TO MAKE ANNUAL SUPPORT PAYMENTS TO THE NATIVITY BVM ELEMENTARY SCHOOL. IN 2023 THE AMOUNT OF $68,800 WAS PAID. PER THE BYLAWS THE AMOUNT IS LIMITED TO 4% OF THE CORPUS. 823 ANNUAL MEETING OF DONORS AND COMMUNITY: CONTINUED TO DEVELOP BOARD ACTIVITIES TO SOLICIT DONATIONS AND GRANTS TO ACHIEVE THE PRIMARY GOAL OF MAINTAINING THE FOUNDATIONS NET ASSETS AT $1,050,000 OR MORE SO THAT SUPPORTING PAYMENTS MAY CONTINUE TO BE MADE TO NATIVITY BVM ELEMENTARY SCHOOL. 69623 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MS X X STEPHEN P THEOBALD 2283744141 1077 TOMMY MUNRO DR BILOXI MS 39532 X MICHAEL BRUFFEY PRESIDENT - BOARD MEMBER 5.00 X X 0 0 0 PETER ABIDE VICE PRESIDENT- BOARD MEMB 2.00 X X 0 0 0 STEPHEN P THEOBALD TREASURER - BOARD MEMBER 2.00 X X 0 0 0 ROLAND CREEL SECRETARY - BORAD MEMBER 1.00 X X 0 0 0 ELIZABETH C JOACHIM BOARD MEMBER 1.00 X 0 0 0 REVEREND GODFREY ANDOH BOARD MEMBER 1.00 X 0 0 0 DEWEY B MASON BOARD MEMBER 1.00 X 0 0 0 CLAIRE MAVAR PORTER BOARD MEMBER 1.00 X 0 0 0 VICTOR MAVAR JR BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 61133 61133 33812 33812 687318 713860 -26542 -26542 -26542 NET CHANGE IN FAIR MAR 900099 169483 169483 169483 237886 0 0 176753 68800 68800 20933 20933 1469 823 646 91202 69623 21579 0 128268 131744 1448790 1591998 1577058 1723742 0 0 X 1577058 1723742 1577058 1723742 1577058 1723742 146684 0 X 0 0 0 X 162432 121111 149621 152408 61133 646705 162432 121111 149621 152408 61133 646705 256759 389946 185426 127521 216416 -215448 176753 490668 1137373 0.34280 0.43220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 NATIVITY BVM ELEMENTARY SCHOOL 1046 BEACH BLVD BILOXI MS 39530 640781553 501C3 68800 0 SCHOOL SUPPORT TO REDUCE OVERALL TUITION REQUIRED. $405 AWARDED PER EACH ENROLLED FULLTIME STUDENT AND $203 FOR EACH ENROLLED PART-TIME STUDENT. FUNDS DISBURSED DIRECTLY TO THE SCHOOL. PART I, LINE 2: TOTALLY CONTROLLED BY THE BYLAWS (4% OF THE CORPUS). SUPPORT PAYMENTS MADE TO ONLY ONE 501C3 CHARITY. NATIVITY BVM ELEMENTARY SCHOOL. FUNDS ARE USED TO SUBSIDIZE TUITION PAYMENTS REQUIRED BY CATHOLIC SCHOOL PARENTS WITHOUT PREJUDICE. AMOUNT OF AWARD FOR 2023 WAS $405 PER FULLTIME ENROLLED STUDENT AND $203 PER PART-TIME ENROLLED STUDENT. FORM 990, PART VI, SECTION A, LINE 2 VICTOR MAVAR JR AND CLAIRE MAVAR PORTER ARE BROTHER AND SISTER. THE ENTIRE BOARD MONITORS THIS VERY CLOSELY FOR ALL VOTING THAT TAKES PLACE. THEY COMPRISE TWO OF THE NINE BOARD MEMBERS. NEITHER HOLDS AND OFFICER POSITION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SUBMITTED TO THE GOVERNING BOARD OF DIRECTORS AND OFFICERS FOR THEIR REVIEW AND APPROVAL BEFORE SUBMISSION TO INTERNAL REVENUE SERVICE. THE TAX RETURN IS ON FILE AND AVAILABLE FOR INSPECTION BY ANYONE WHO ASK. ADDITIONALLY, A COPY OF THE RETURN IS POSTED TO THE WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS AND APPROVES ALL TRANSACTIONS, INCLUDING THOSE WITH RELATED PARTIES. HOWEVER, THERE HAVE BEEN NO SUCH TRANSACTIONS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AND POSTED TO THE WEBSITE