Eje Academies
- Assets
- $9.3m
- Revenue
- $11.9m
- Investments
- $0.0
- Employees
- 139
- Location
- El Cajon, CA
- Founding
- 02/2007
- Data as of
- 06/2022
- EIN
- 20-2696218
Organization Overview
Eje Academies is located in El Cajon, CA. The organization was established in 2007. 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, Eje Academies employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eje Academies 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, Eje Academies generated $11.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $11.4m during the year ending 06/2022. While expenses have increased by 8.0% 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
EJE SERVES K-8 STUDENTS & OFFERS A PROGRESSIVE 90/10 ENGLISH-SPANISH IMMERSION PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF TWO PUBLIC CHARTER SCHOOLS; TOGETHER SERVING STUDENTS IN GRADES K-8. THE VISION OF EJE ACADEMIES IS TO PROVIDE A COMPREHENSIVE AND CHALLENGING EDUCATIONAL PLAN THAT PROVIDES ALL CHILDREN WITH THE TOOLS NECESSARY FOR SUCCESS. STUDENTS WILL BECOME CRITICAL THINKERS, BILITERATE, WELL-PREPARED, LIFE-LONG LEARNERS THROUGH PARTICIPATION IN A TEACHER-DIRECTED PROGRAM, BASED ON A BALANCED BILITERACY APPROACH IN READING AND LANGUAGE ARTS. THE CURRICULUM IS ALIGNED TO THE CALIFORNIA STATE CONTENT AND PERFORMANCE STANDARDS. GRADE LEVEL PROFICIENCY IS SEEN AS A KEY TO PROMOTION TO THE NEXT GRADE AS WELL AS TO EVENTUAL SECONDARY SCHOOL READINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Hoffmeister President | OfficerTrustee | 2 | $0 |
Nancy Martinez Secretary | OfficerTrustee | 2 | $0 |
Joe Lara Trustee | Trustee | 2 | $0 |
Debra Costa Hernandez Trustee | Trustee | 2 | $0 |
Yolanda Escamilla Trustee | Trustee | 2 | $0 |
Evangelina Pacheco Executive Director | Officer | 40 | $136,726 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Top Notch Catering Food Services | 6/29/22 | $274,284 |
Exed Business Services | 6/29/22 | $209,455 |
Southwest Construction Services Construction | 6/29/22 | $156,533 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,487,441 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,594,441 |
| Total Program Service Revenue | $304,622 |
| Investment income | $21,844 |
| 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 | $11,921,417 |
| 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. | $140,789 |
| Compensation of current officers, directors, key employees. | $140,789 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,588,254 |
| Pension plan accruals and contributions | $1,429,571 |
| Other employee benefits | $600,720 |
| Payroll taxes | $304,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,505 |
| Fees for services: Accounting | $215,351 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $398,709 |
| Advertising and promotion | $700 |
| Office expenses | $149,615 |
| Information technology | $32,169 |
| Royalties | $0 |
| Occupancy | $315,191 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,516 |
| Interest | $2,939 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,080 |
| Insurance | $91,788 |
| All other expenses | $0 |
| Total functional expenses | $11,400,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,167 |
| Savings and temporary cash investments | $5,429,677 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,211,069 |
| 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 | $301,244 |
| Net Land, buildings, and equipment | $2,334,038 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,900 |
| Total assets | $9,306,095 |
| Accounts payable and accrued expenses | $1,080,638 |
| Grants payable | $0 |
| Deferred revenue | $2,217,830 |
| 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 | $923,890 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,622 |
| Total liabilities | $4,223,980 |
| Net assets without donor restrictions | $5,082,115 |
| 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 | $9,306,095 |