La Academia De Estrellas
- Assets
- $19.1m
- Revenue
- $13.0m
- Investments
- $0.0
- Employees
- 194
- Location
- Dallas, TX
- Founding
- 07/2004
- Data as of
- 08/2022
- EIN
- 20-0733852
Organization Overview
La Academia De Estrellas is located in Dallas, TX. The organization was established in 2004. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 08/2022, LA Academia DE Estrellas employed 194 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Academia DE Estrellas 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 08/2022, LA Academia DE Estrellas generated $13.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $12.0m during the year ending 08/2022. While expenses have increased by 4.6% 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
TO OPERATE A PREKINDERGARTEN TO 8TH GRADE CHARTER SCHOOL IN THE NORTH OAK CLIFF SECTION OF DALLAS SERVING MOSTLY LOWINCOME FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
LA ACADEMIA DE ESTRELLAS SOLE PROGRAM SERVICE IS TO OPERATE A PK-8 CHARTER SCHOOL IN THE NORTH OAK CLIFF SECTION OF DALLAS, TEXAS. IN FY 2022 (TAX YEAR 2021), ENROLLMENT AT YEAR'S END WAS 1,027 STUDENTS, OF WHOM, ABOUT 89% WERE FROM LOW-INCOME BACKGROUNDS. THE SCHOOL HAD 138 FULL-TIME AND 2 PART-TIME EMPLOYEES AND 30 SUBSTITUTE TEACHERS AND APPROXIMATELY A 12:1 STUDENT:INSTRUCTIONAL PERSONNEL RATIO IN EACH OF THE GRADES. THE SCHOOL EARNED A B GRADE FROM THE TEXAS EDUCATION AGENCY BASED ON STUDENT STAAR TEST SCORES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Mantei Superintendent | Officer | 40 | $131,818 |
Richard Tuck Business Manager | Officer | 40 | $95,723 |
Evita Garces Secretary | OfficerTrustee | 0.5 | $0 |
Brian Mcgovern President Of Board | OfficerTrustee | 0.5 | $0 |
Jacqueline Banda VP Of The Board | OfficerTrustee | 0.5 | $0 |
Catalina Lechuga Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,032,084 |
| 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 | $13,032,084 |
| Total Program Service Revenue | $37,667 |
| Investment income | -$23,059 |
| Tax Exempt Bond Proceeds | $35 |
| 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 | $13,046,727 |
| 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. | $246,640 |
| Compensation of current officers, directors, key employees. | $246,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,155,372 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,039,216 |
| Payroll taxes | $129,599 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $473 |
| Fees for services: Accounting | $15,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $228,711 |
| Advertising and promotion | $0 |
| Office expenses | $41,234 |
| Information technology | $243,726 |
| Royalties | $0 |
| Occupancy | $641,913 |
| Travel | $119,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $332,084 |
| Insurance | $19,410 |
| All other expenses | $131,493 |
| Total functional expenses | $12,035,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,065,454 |
| Savings and temporary cash investments | $1,244,887 |
| Pledges and grants receivable | $1,797,116 |
| Accounts receivable, net | $0 |
| 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 | $205,050 |
| Net Land, buildings, and equipment | $10,726,263 |
| Investments—publicly traded securities | $1,096,044 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,134,814 |
| Accounts payable and accrued expenses | $1,045,885 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $3,623,759 |
| 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 | $4,669,644 |
| Net assets without donor restrictions | $1,971,004 |
| Net assets with donor restrictions | $12,494,166 |
| 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 | $19,134,814 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that La Academia De Estrellas has recieved totaling $18.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Collegiate Academies New Orleans, LA | $15,386,568 | $45,139,366 |
Renew-Reinventing Education New Orleans, LA | $11,254,190 | $34,978,044 |
Foundation For Louisiana Students Baton Rouge, LA | $21,702,876 | $38,265,312 |
East Texas Advanced Academies Longview, TX | $2,379,457 | $32,700,344 |
Basis Texas Charter Schools Inc San Antonio, TX | $92,451,409 | $31,933,223 |
Dove Schools Oklahoma City, OK | $6,243,861 | $28,048,630 |
Discovery Health Sciences Foundation Inc Kenner, LA | $11,194,982 | $30,168,997 |
Arkansas Virtual Academy Little Rock, AR | $3,075,159 | $27,721,037 |
Algiers Charter School Association Inc New Orleans, LA | $11,545,116 | $21,416,188 |
Dzilth-Na-O-Dith-Hle School Board Of Education Bloomfield, NM | $37,723,177 | $9,753,755 |
Einstein Group New Orleans, LA | $9,740,028 | $21,533,973 |
Golden Rule Schools Inc Desto, TX | $72,016,277 | $20,883,674 |