Westside Academy Inc
- Assets
- $2.3m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 37
- Location
- Columbus, OH
- Founding
- 04/2010
- Data as of
- 06/2020
- EIN
- 20-2232631
Organization Overview
Westside Academy Inc is located in Columbus, OH. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2020, Westside Academy Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westside 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 06/2020, Westside Academy Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.6m during the year ending 06/2020. While expenses have increased by 5.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY EDUCATION, GLOBAL CONCIOUSNESS AND A COMPETENCY-BASED EDUCATION PROGRAM FROM KINDERGARTEN TO EIGHTH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BE A MODEL CHARTER SCHOOL SERVING KINDERGARTEN THROUGH EIGHT GRADE STUDENTS.
TO BE A MODEL CHARTER SCHOOL SERVING KINDERGARTEN THROUGH EIGHT GRADE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Heather Obannon Director | Trustee | 40 | $89,255 |
Dr Hazem Gheith Board Member | Trustee | 2 | $1,625 |
Marcelle Rose Anthony President | OfficerTrustee | 2 | $1,500 |
Dr Sousan El-Kest Board Member | Trustee | 2 | $1,500 |
Abdoul Shmohamed Board Member | Trustee | 2 | $1,500 |
Abukar Osman Board Member | Trustee | 2 | $1,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,370,628 |
| Investment income | $390 |
| 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 | $3,396,514 |
| Statement of Expenses | |
|---|---|
| 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. | $96,755 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $981,149 |
| Pension plan accruals and contributions | $155,022 |
| Other employee benefits | $409,192 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $232,346 |
| Advertising and promotion | $0 |
| Office expenses | $157,344 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $255,762 |
| Travel | $34,815 |
| 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 | $51,712 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,641,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $640,824 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $318,219 |
| 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 | $67,569 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $599,034 |
| Total assets | $2,303,540 |
| Accounts payable and accrued expenses | $198,853 |
| Grants payable | $2,842 |
| 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 | $2,342,355 |
| Total liabilities | $2,544,050 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$240,510 |
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York Academy Regional Charter School York, PA | $5,602,450 | $14,555,024 |
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Avondale Meadows Academy Inc Indianapolis, IN | $23,354,036 | $14,362,990 |
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