Childrens Academy
- Assets
- $6.4m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 66
- Location
- New York, NY
- Founding
- 06/2010
- Data as of
- 06/2021
- EIN
- 27-0678797
Organization Overview
Childrens Academy is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Childrens Academy employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens 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, Childrens Academy generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $5.3m during the year ending 06/2021. While expenses have increased by 9.6% 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 CHILDREN'S ACADEMY IS A SPECIALIZED SCHOOL THAT PROVIDES INTEGRATED EDUCATIONAL SERVICES FOR CHILDREN WITH SPEECH AND LANGUAGE DELAYS IN GRADES K THRU 12 UNDER A CHARTER FROM THE NYS BOARD OF REGENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S ACADEMY IS A SPECIALIZED SCHOOL THAT PROVIDES INTEGRATED EDUCATIONAL SERVICES FOR CHILDREN WITH SPEECH AND LANGUAGE DELAYS IN GRADES K THRU 12 UNDER A CHARTER FROM THE NYS BOARD OF REGENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Blenman-Green Head Of School | Officer | 40 | $144,468 |
Jordan T Wishner Dir Of Admissions | 40 | $126,357 | |
Martin Lindberg Treasurer | OfficerTrustee | 1 | $0 |
Melissa Pearsall Hirsch Secretary | OfficerTrustee | 1 | $0 |
Anne Prost Chair | OfficerTrustee | 1 | $0 |
Gregory Carey Ex-Chairman | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $331,253 |
| Noncash contributions included in lines 1a–1f | $24,398 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,253 |
| Total Program Service Revenue | $6,199,257 |
| 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 | $6,540,482 |
| 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. | $152,404 |
| Compensation of current officers, directors, key employees. | $91,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,133,949 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $256,612 |
| Payroll taxes | $271,524 |
| 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 | $160,683 |
| Advertising and promotion | $69 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $888,073 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,773 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $139,287 |
| Insurance | $71,178 |
| All other expenses | $48,957 |
| Total functional expenses | $5,349,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,031,897 |
| Savings and temporary cash investments | $922,750 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,072,841 |
| 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 | $121,877 |
| Net Land, buildings, and equipment | $2,025,022 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $184,376 |
| Total assets | $6,358,763 |
| Accounts payable and accrued expenses | $469,066 |
| Grants payable | $0 |
| Deferred revenue | $519,527 |
| 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 | $988,593 |
| Net assets without donor restrictions | $5,370,170 |
| 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 | $6,358,763 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Childrens Academy has recieved totaling $65,083.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: EDUCATIONAL PROGRAMS & OTHER STUDENT SVC | $55,000 |
Robert W Wilson Charitable Tr New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Variety Child Learning Center Syosset, NY | $8,356,973 | $21,867,725 |
Nashoba Learning Group Inc Bedford, MA | $17,818,775 | $20,934,730 |
The Hagedorn Little Village School Seaford, NY | $17,101,359 | $21,155,572 |
Summit School Upper Nyack, NY | $17,974,431 | $18,614,927 |
Steppingstone Day School Inc Kew Garden Hills, NY | $5,707,568 | $18,884,905 |
Childrens Center Of Hamden Inc Hamden, CT | $5,057,304 | $17,805,585 |
Kennedy Childrens Center New York, NY | $16,208,391 | $17,351,422 |
Eclc Of Nj A New Jersey Non Profit Corporation Chatham, NJ | $5,195,140 | $18,377,068 |
Kingsway Learning Center Moorestown, NJ | $5,041,618 | $18,181,631 |
Pennsylvania School For The Deaf Philadelphia, PA | $50,307,552 | $18,217,495 |
League School Brooklyn, NY | $8,003,102 | $18,878,930 |
League School Of Greater Boston Inc Walpole, MA | $19,876,889 | $16,713,452 |