Community Math Academy Inc
- Assets
- $95.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelby, NC
- Founding
- 12/2011
- Data as of
- 12/2022
- EIN
- 27-4774680
Organization Overview
Community Math Academy Inc is located in Shelby, NC. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Math 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 12/2022, Community Math Academy Inc generated $82.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $132.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE MATH ACADEMY HAS MADE INCREASING STRIDES FOR THE PAST CALENDAR YEAR. CMA HAS PARTNERED WITH NEW ORGANIZATIONS EXPANDING SITE LOCATIONS IN ORDER TO REACH MORE YOUTH. CMA HAS ALSO PARTNERED WITH SCHOOL SYSTEMS FOSTERING RELATIONSHIPS THAT WILL INCREASE OUR CAPACITY TO REACH MORE YOUTH IN DIFFERENT CITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Cherry Executive Director | 5 | $0 | |
Tropzie Mccluney Executive Director | 40 | $25,000 | |
Larry Corry Vice Chairman | 5 | $0 | |
M Lamont Littlejohn Treasurer | 5 | $0 | |
Richard Hooker Secretary | 5 | $0 | |
Bruce Mack Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,063 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,063 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,276 |
| Professional fees and other payments to independent contractors | $105,736 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,006 |
| Other expenses | $18,469 |
| Total expenses | $132,487 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,320 |
| Other assets | $0 |
| Total assets | $95,320 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,320 |