Baltimore International Academy Inc
- Assets
- $2.8m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 60
- Location
- Baltimore, MD
- Founding
- 12/2007
- Data as of
- 06/2021
- EIN
- 20-4726681
Organization Overview
Baltimore International Academy Inc is located in Baltimore, MD. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Baltimore International Academy Inc employed 60 individuals. Baltimore International 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 06/2021, Baltimore International Academy Inc generated $9.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $8.7m during the year ending 06/2021. While expenses have increased by 5.0% 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
TO PROVIDE AN ACADEMICALLY RIGOROUS, INTERNATIONALLY ORIENTED AND SOCIALLY RESPONSIBLE LEARNING ENVIRONMENT THAT CHALLENGES ALL STUDENTS TO ACHIEVE, AND THAT RESULTS IN THE SCHOOL MEETING MANDATED TESTING GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS RIGOROUS, CHALLENGING CURRICULUM THAT INTEGRATES INTERNATIONAL CONTENT ACROSS CORE SUBJECT AREAS AND GRADE. THE ORGANIZATION IS COMMITTED TO LEARNING WORLD LANGUAGES AND ACTIVELY ENGAGING ALL OR MOST STUDENTS IN LEARNING ABOUT THE WORLD OUTSIDE OF CORE SUBJECTS THROUGH CLASSES SUCH AS ART, MUSIC, AND PHYSICAL EDUCATION, INTERNATIONALLY FOCUSED ELECTIVES, EXTRACURRICULAR ACTIVITIES, SERVICE, AND AFTER SCHOOL AND SUMMER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kona-Facia Nepay Executive Director | Officer | 1 | $155,200 |
Obadiah Swen CFO | Officer | 1 | $110,567 |
Elena Lokounia Director | Trustee | 1 | $106,125 |
Henriette Sindjui Director | Trustee | 1 | $93,203 |
Joe Nimely Chair | OfficerTrustee | 1 | $14,750 |
Cara Lofaro Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,988,722 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,260 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,051,982 |
| Total Program Service Revenue | $7,028,684 |
| 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 | $9,080,666 |
| 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. | $479,845 |
| Compensation of current officers, directors, key employees. | $86,372 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,642,171 |
| Pension plan accruals and contributions | $1,236,028 |
| Other employee benefits | $416,638 |
| 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 | $300,277 |
| Advertising and promotion | $0 |
| Office expenses | $283,379 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $455,890 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $54,786 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $210,587 |
| Insurance | $54,950 |
| All other expenses | $0 |
| Total functional expenses | $8,706,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,975 |
| Savings and temporary cash investments | $389,020 |
| Pledges and grants receivable | $424,122 |
| Accounts receivable, net | $594,538 |
| 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 | $9,265 |
| Net Land, buildings, and equipment | $1,174,461 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,786,381 |
| Accounts payable and accrued expenses | $96,506 |
| 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 | $979,806 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $1,226,312 |
| Net assets without donor restrictions | $1,560,069 |
| 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 | $2,786,381 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baltimore International Academy Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Face Foundation New York, NY PURPOSE: Cultural and educational projects | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Tatnall School Inc Wilmington, DE | $48,687,568 | $19,526,911 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Milton Gottesman Jewish Day School Of The Nations Capital Washington, DC | $47,850,998 | $22,230,618 |
Mastery Charter School-Pickett Campus Philadelphia, PA | $12,425,498 | $19,474,866 |
Philadelphia Academy Charter School Philadelphia, PA | $22,346,982 | $21,291,315 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Meridian Public Charter School Washington, DC | $25,835,715 | $17,496,957 |
St Paul's School For Girls Inc Brooklandville, MD | $0 | $15,914,099 |
Propel Charter School - Montour Pittsburgh, PA | $8,477,857 | $16,070,119 |
St Johns Community Services - District Of Columbia Washington, DC | $113,804 | $20,352,755 |
Philadelphia Charter School For Arts And Sciences At Hr Edmunds Philadelphia, PA | $13,352,194 | $18,760,552 |