Advocates For Innovative Schoolsinc
- Assets
- $3.7m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 86
- Location
- New Orleans, LA
- Founding
- 04/2008
- Data as of
- 06/2021
- EIN
- 20-4230899
Organization Overview
Advocates For Innovative Schoolsinc is located in New Orleans, LA. The organization was established in 2008. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Advocates For Innovative Schoolsinc employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advocates For Innovative Schoolsinc 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 06/2021, Advocates For Innovative Schoolsinc generated $6.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $5.9m during the year ending 06/2021. While expenses have increased by 12.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE EDUCATIONAL PROGRAM IS DESIGNED TO FACILITATE LEARNING AND DEVELOP SCHOLARSHIP IN A SAFE AND NON-STIGMATIZING ENVIRONMENT.OUR FOCUS IS THE DEVELOPMENTOF THE WHOLE CHILD ADEMICALLY,SOCIALLY,PHYSICALLY,AND EMOTIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATES FOR INNOVATIVE SCHOOLS,INC.OPENED A CHARTER SCHOOL TO IMPROVE THE QUALITY OF EDUCATION FOR CHILDREN INORLEANS PARISH.
ADVOCATES FOR INNOVATIVE SCHOOLS,INC.OPENED A CHARTER SCHOOL TO IMPROVE THE QUALITY OF EDUCATION FOR CHILDREN INORLEANS PARISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deidra Bradley Principal | Officer | 0 | $104,349 |
John Mccary CEO | Trustee | 40 | $52,000 |
Debra Adams Member | Trustee | 0 | $0 |
Raven Bell Member | Trustee | 0 | $0 |
Louvinia Wallace Vice-President | Trustee | 0 | $0 |
Terry J Clay Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,206,667 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,880 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,267,547 |
| Total Program Service Revenue | $3,999,282 |
| Investment income | $11,129 |
| 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 | $6,277,958 |
| 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. | $156,349 |
| Compensation of current officers, directors, key employees. | $156,349 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,882,429 |
| Pension plan accruals and contributions | $465,897 |
| Other employee benefits | $757,186 |
| Payroll taxes | $82,545 |
| Fees for services: Management | $89,232 |
| Fees for services: Legal | $42,000 |
| Fees for services: Accounting | $24,893 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,946 |
| Office expenses | $71,964 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,886 |
| Travel | $1,441 |
| 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 | $1,429 |
| Insurance | $80,663 |
| All other expenses | $0 |
| Total functional expenses | $5,890,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,944,475 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $719,054 |
| 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 | $67,294 |
| Net Land, buildings, and equipment | $1,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,732,252 |
| Accounts payable and accrued expenses | $190,138 |
| 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 | $19,343 |
| Other liabilities | $124,313 |
| Total liabilities | $333,794 |
| Net assets without donor restrictions | $3,398,458 |
| 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 | $3,732,252 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Advocates For Innovative Schoolsinc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
New Schools For New Orleans Inc New Orleans, LA PURPOSE: INSTRUCTIONAL QUALITY INITIATIVE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Community Academies Of New Orleans Inc New Orleans, LA | $3,607,282 | $19,811,905 |
Varnett Schools Inc Houston, TX | $25,630,579 | $16,355,176 |
The Emery-Weiner Center For Jewish Education Houston, TX | $36,882,077 | $18,976,630 |
Madison-Ridgeland Academy Madison, MS | $29,135,034 | $17,543,993 |
French & Montessori Education Inc New Orleans, LA | $8,632,060 | $13,354,447 |
Fort Bend Christian Academy Sugar Land, TX | $31,881,778 | $16,006,683 |
The Lamplighter School Dallas, TX | $61,812,607 | $20,667,782 |
Jackson Preparatory School Foundation Flowood, MS | $34,520,823 | $13,506,149 |
Arise Academy New Orleans, LA | $3,784,290 | $13,860,913 |
Ser Ninos Inc Houston, TX | $64,261,169 | $15,924,628 |
San Antonio Academy Of Texas San Antonio, TX | $49,529,781 | $8,875,317 |