Arise Academy
- Assets
- $3.8m
- Revenue
- $13.9m
- Investments
- $0.0
- Employees
- 92
- Location
- New Orleans, LA
- Founding
- 09/2009
- Data as of
- 06/2021
- EIN
- 26-3240588
Organization Overview
Arise Academy is located in New Orleans, LA. The organization was established in 2009. 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, Arise Academy employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arise Academy 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, Arise Academy generated $13.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $12.7m during the year ending 06/2021. While expenses have increased by 0.4% 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 IMPLEMENT AND OPERATE ONE OR MORE PUBLIC CHARTER SCHOOLS IN LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL EXPENSES INCURRED, FOR EXAMPLE, TEACHERS SALARIES AND CLASSROOM MATERIALS AND SUPPLIES FOR OPERATION OF BOTH ARISE ACADEMY AND MILDRED OSBOURNE CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kiril Johnson Exec. Director Of Finance & Operations | Officer | 45 | $128,321 |
Jolene Galpin Exec. Director Mildred Osborne | Officer | 45 | $127,475 |
Krista Patrick-Brown Exec. Director Arise Academy | Officer | 45 | $125,289 |
Patrick Anderson Secretary/board Member | OfficerTrustee | 1 | $0 |
Gary Kreigh Development Chair/board Member | OfficerTrustee | 1 | $0 |
Nick Tringali Board Vice Chairman/academic Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chartwells Compass Group Usa Food Services | 6/29/21 | $276,026 |
Galbreth Transportation Transportation Services | 6/29/21 | $232,074 |
Detel Computer Solutions Smart Boards | 6/29/21 | $236,171 |
Shi International Corp Computers | 6/29/21 | $139,234 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,713,551 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,860,049 |
| Total Program Service Revenue | $0 |
| Investment income | $864 |
| 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 | $13,860,913 |
| 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. | $381,085 |
| Compensation of current officers, directors, key employees. | $36,312 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,584,955 |
| Pension plan accruals and contributions | $171,252 |
| Other employee benefits | $1,106,367 |
| Payroll taxes | $119,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,708 |
| Fees for services: Accounting | $22,514 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,507,265 |
| Advertising and promotion | $22,158 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $491,817 |
| Travel | $22,375 |
| 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 | $19,877 |
| Insurance | $266,207 |
| All other expenses | $37,499 |
| Total functional expenses | $12,697,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,039,955 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,527,297 |
| Accounts receivable, net | $6,543 |
| 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 | $143,889 |
| Net Land, buildings, and equipment | $66,606 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,784,290 |
| Accounts payable and accrued expenses | $775,766 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $775,766 |
| Net assets without donor restrictions | $3,008,524 |
| 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 | $3,784,290 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Arise Academy has recieved totaling $66,732.
| Awarding Organization | Amount |
|---|---|
Digital Promise Global Washington, DC PURPOSE: TO PROVIDE TEACHERS AND STUDENTS IN U.S. MIDDLE/HIGH SCHOOLS WITH ALWAYS-AVAILABLE ACCESS | $46,727 |
United Way Of Southeast Louisiana New Orleans, LA PURPOSE: GRANT FUNDING | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Academy Addison, TX | $65,459,089 | $30,244,253 |
St Andrews Episcopal School Inc Austin, TX | $93,484,492 | $28,935,515 |
Community School For Apprenticeship Learning Inc Baton Rouge, LA | $35,523,575 | $32,794,554 |
Metairie Park Country Day School Metairie, LA | $48,222,871 | $23,246,338 |
Idea Public Schools Louisiana Inc Baton Rouge, LA | $5,073,579 | $25,941,968 |
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 |