Noble Academy-Columbus Inc
- Assets
- $4.8m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 71
- Location
- Columbus, OH
- Founding
- 04/2008
- Data as of
- 06/2022
- EIN
- 20-4460475
Organization Overview
Noble Academy-Columbus Inc is located in Columbus, OH. The organization was established in 2008. 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, Noble Academy-Columbus Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noble Academy-Columbus 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, Noble Academy-Columbus Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $4.3m during the year ending 06/2022. While expenses have increased by 16.9% per year over the past 5 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
THE MISSION OF NOBLE ACADEMY - COLUMBUS INC. IS TO FOSTER AN ENVIRONMENT OF INQUIRY AND A LOVE OF LEARNING SO STUDENTS ARE PREPARED TO THRIVE IN STEM- FOCUSED HIGH SCHOOL, COLLEGE, AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL SERVICES TO STUDENTS K THROUGH 8 GRADES.
INSTRUCTIONAL SERVICES TO STUDENTS K THROUGH 8 GRADES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Calvary Board Member | Trustee | $0 | |
David W Ditmars Board Member | Trustee | $0 | |
Michael Pratt President | OfficerTrustee | $0 | |
Reyhan Safak Board Member | Trustee | $0 | |
Natenon Tongtae Board Member | Trustee | $0 | |
Kadir Parlar Principal | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,949,256 |
| 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 | $4,949,256 |
| Total Program Service Revenue | $7,594 |
| Investment income | $0 |
| 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 | $4,956,850 |
| 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. | $96,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,059,647 |
| Pension plan accruals and contributions | $8,310 |
| Other employee benefits | $189,108 |
| Payroll taxes | $27,207 |
| Fees for services: Management | $495,685 |
| Fees for services: Legal | $40,596 |
| Fees for services: Accounting | $53 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,087 |
| Office expenses | $139,620 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $364,285 |
| Travel | $15,912 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $48,579 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $170,383 |
| Insurance | $16,258 |
| All other expenses | $56,686 |
| Total functional expenses | $4,329,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $761,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $187,095 |
| 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 | $1,346,148 |
| Net Land, buildings, and equipment | $2,520,462 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,815,201 |
| Accounts payable and accrued expenses | $547,409 |
| Grants payable | $11,231 |
| 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 | $1,490,063 |
| Other liabilities | $3,858,774 |
| Total liabilities | $5,907,477 |
| Net assets without donor restrictions | -$1,092,276 |
| 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 | $4,815,201 |