Archimedean Academy Inc
- Assets
- $22.6m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 225
- Location
- Miami, FL
- Founding
- 11/2002
- Data as of
- 06/2022
- EIN
- 02-0607904
Organization Overview
Archimedean Academy Inc is located in Miami, FL. The organization was established in 2002. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Archimedean Academy Inc employed 225 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Archimedean Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Archimedean Academy Inc generated $13.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $13.7m during the year ending 06/2022. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A CHARTER SCHOOL ORGANIZED UNDER THE FLORIDA STAUTES TO PROVIDE EDUCATIONAL SERVICES TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTION PROVIDES THROUGH ARCHIMEDEAN ACADEMY, ARCHIMEDEAN MIDDLE AND ARCHIMEDEAN UPPER CONSERVATORY EDUCATION FROM KINDERGARDEN TO 12TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr George Kafkoulis President | OfficerTrustee | 15 | $0 |
Aleco Haralambides ESQ Vice President | OfficerTrustee | 10 | $0 |
Jeffrey Taraboulos Treasurer | OfficerTrustee | 10 | $0 |
Frank Berrizbeitia Secretary & Board Member | OfficerTrustee | 10 | $0 |
Aplaton Alexandrakis Board Member | Trustee | 10 | $0 |
Dr Konstantinos Boukas Board Member | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Franco's Food Service Food Supplier | 6/29/22 | $334,536 |
Professional Security Force Security | 6/29/22 | $326,725 |
Karina's Cleaning Service Maintenance | 6/29/22 | $251,249 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,727,138 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,727,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,309,411 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $227,787 |
| Payroll taxes | $641,645 |
| Fees for services: Management | $146,075 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $238,789 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,000 |
| Travel | $7,097 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $815,226 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $737,635 |
| Insurance | $205,866 |
| All other expenses | $697,437 |
| Total functional expenses | $13,734,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,122,764 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,384,781 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $56,375 |
| Prepaid expenses and deferred charges | $16,080 |
| Net Land, buildings, and equipment | $18,962,988 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,114 |
| Total assets | $22,575,102 |
| Accounts payable and accrued expenses | $769,101 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $18,162,337 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,931,438 |
| Net assets without donor restrictions | $3,643,664 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,575,102 |