Academe Of The Oaks Inc
- Assets
- $1.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Decatur, GA
- Founding
- 03/2003
- Data as of
- 06/2023
- EIN
- 30-0129704
Organization Overview
Academe Of The Oaks Inc is located in Decatur, GA. The organization was established in 2003. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Academe Of The Oaks Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academe Of The Oaks 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 06/2023, Academe Of The Oaks Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO REDEFINE THE HIGH SCHOOL EXPERIENCE BY EDUCATING STUDENTS TO BE RESOURCEFUL, CLEAR, AND FLEXIBLE THINKERS, CAPABLE OF MAKING PROFOUND AND POSITIVE CONTRIBUTIONS TO THE FAST-CHANGING WORLD THEY INHERIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES EXCEPTIONAL HIGH SCHOOL EDUCATION TO A DIVERSE STUDENT BODY IN GRADES 9 THROUGH 12. THE SCHOOL OFFERS A RIGOROUS PROGRAM IN THE SCIENCES, MATHEMATICS, AND HUMANITIES THAT PREPARES STUDENTS FOR FUTURE ACADEMIC WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Horn Board Treasurer | OfficerTrustee | 5 | $0 |
Harvin Greene Board Member | Trustee | 5 | $0 |
Eva Handschin Board Member | Trustee | 5 | $0 |
Tara Wyman Board Secretary | OfficerTrustee | 5 | $0 |
Christophe Cadiou Board Member | Trustee | 5 | $0 |
Mary Kamb Board President | OfficerTrustee | 5 | $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 | $18,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,905 |
| Total Program Service Revenue | $1,266,373 |
| 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 | $132,295 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,417,573 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $780,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,107 |
| Payroll taxes | $39,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,354 |
| 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 | $0 |
| Advertising and promotion | $49,338 |
| Office expenses | $76,112 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $195,472 |
| Travel | $2,252 |
| 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 | $43,478 |
| Insurance | $37,317 |
| All other expenses | $78,984 |
| Total functional expenses | $1,603,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $439,591 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,813 |
| 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 | $3,146 |
| Net Land, buildings, and equipment | $201,349 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $372,874 |
| Total assets | $1,040,773 |
| Accounts payable and accrued expenses | $33,341 |
| Grants payable | $0 |
| Deferred revenue | $115,566 |
| 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 | $361,770 |
| Total liabilities | $510,677 |
| Net assets without donor restrictions | $530,096 |
| 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 | $1,040,773 |