The Leadership Academy Inc
- Assets
- $8.8m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 51
- Location
- Long Island City, NY
- Founding
- 11/2003
- Data as of
- 06/2022
- EIN
- 03-0503570
Organization Overview
The Leadership Academy Inc is located in Long Island City, NY. The organization was established in 2003. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Leadership Academy Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership 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, Leadership Academy Inc generated $10.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $7.8m during the year ending 06/2022. 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
TO BUILD THE CAPACITY OF EDUCATIONAL LEADERS, AT EVERY LEVEL OF THE SYSTEM, TO CONFRONT INEQUITIES AND CREATE THE CONDITIONS NECESSARY FOR ALL STUDENTS TO THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEADERSHIP ACADEMY SUPPORTS GREATER ACADEMIC SUCCESS FOR STUDENTS THROUGH HIGH QUALITY SCHOOL AND DISTRICT LEADERSHIP PROGRAMS. IT DOES THIS BY BUILDING THE CAPACITY OF EDUCATION SYSTEMS ACROSS THE COUNTRY TO DEVELOP AND SUPPORT ITS' OWN LEADERS. THE LEADERSHIP ACADEMY ACHIEVES THIS THROUGH SEVERAL LEADERSHIP INITIATIVES OFFERED TO SCHOOLS NATIONALLY. PREPARING ASPIRING LEADERS - DEVELOPS LEADERS THROUGH A 14-MONTH LEADERSHIP DEVELOPMENT MODEL WHICH EQUIPS FUTURE PRINCIPALS TO CREATE THRIVING SCHOOLS THAT ADVANCE IMPROVED TEACHING AND LEARNING PRACTICES. SUPPORTING CURRENT SCHOOL LEADERS - PARTNERS WITH DISTRICTS AND STATES TO IMPLEMENT A STRATEGIC APPROACH TO PROFESSIONAL DEVELOPMENT BY ENGAGING IN STRATEGIC PLANNING, CURRICULUM DESIGN AND DELIVERY AND PROGRAM ASSESSMENT. SUPPORTING LEADERSHIP TEAMS - HELPS SCHOOL PRINCIPALS TO POSSESS THE ABILITY AND CAPACITY TO EFFECTIVELY COLLABORATE WITH THEIR FELLOW SCHOOL LEADERS AND TEACHERS TO SHARE RESPONSIBILITY AND ACCOUNTABILITY FOR SCHOOL IMPROVEMENT AND STUDENT ACHIEVEMENT. SUPPORTING DISTRICT LEADERS - BUILDS DISTRICT LEADERS AND PRINCIPAL SUPERVISOR'S CAPACITY TO SUPPORT AND DEVELOP EFFECTIVE PRINCIPALS AND TO MANAGE SCHOOL LEADER PERFORMANCE. COACHING - PROVIDES LEADERSHIP COACHING, COACH TRAINING AND STRATEGIC CONSULTING FOR COACHING PROGRAMS TO HELP DISTRICTS, STATES, CHARTER SCHOOL, AND OTHER EDUCATION-FOCUSED ORGANIZATIONS THAT WORK WITH SCHOOLS TO LEVERAGE THE ROLE OF THE PRINCIPAL AS IT INFLUENCES STUDENT ACHIEVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Nancy B Gutierrez President & CEO | OfficerTrustee | 40 | $276,900 |
Mary Rice-Boothe Chief Access & Equity Officer | Officer | 40 | $166,900 |
Michelle Jarney Chief Learning & Strategy Off. | Officer | 40 | $166,068 |
Mary Jo Dunnington Chief Operating Officer | Officer | 40 | $166,900 |
Michele Shannon VP - District Leadership | Officer | 40 | $165,383 |
Philip Benowitz Assoc. Vp, Client Engagement | 40 | $142,233 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Policies Studies Associates Inc Consulting | 6/29/22 | $300,210 |
Kiwi Partners Inc Accounting | 6/29/22 | $171,927 |
Mikel Royal Consulting | 6/29/22 | $112,800 |
Learning Forward Consulting | 6/29/22 | $101,825 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $933,610 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,824,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,758,443 |
| Total Program Service Revenue | $3,273,828 |
| Investment income | $486 |
| 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 | $10,047,490 |
| 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. | $1,177,679 |
| Compensation of current officers, directors, key employees. | $197,261 |
| Compensation to disqualified persons | $90,825 |
| Other salaries and wages | $2,902,582 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $649,911 |
| Payroll taxes | $303,958 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $121,677 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,775,491 |
| Advertising and promotion | $0 |
| Office expenses | $414,045 |
| Information technology | $219,656 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $54,193 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,132 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,951 |
| Insurance | $40,674 |
| All other expenses | $0 |
| Total functional expenses | $7,840,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $814 |
| Savings and temporary cash investments | $5,321,833 |
| Pledges and grants receivable | $1,734,426 |
| Accounts receivable, net | $1,321,229 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $262,602 |
| Net Land, buildings, and equipment | $46,845 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,464 |
| Total assets | $8,788,213 |
| Accounts payable and accrued expenses | $1,198,137 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,198,137 |
| Net assets without donor restrictions | $3,847,786 |
| Net assets with donor restrictions | $3,742,290 |
| 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 | $8,788,213 |