Noorthoek Academy
- Assets
- $645.3k
- Revenue
- $300.8k
- Investments
- $579.6k
- Employees
- 5
- Location
- Grand Rapids, MI
- Founding
- 04/1989
- Data as of
- 06/2021
- EIN
- 38-2848509
Organization Overview
Noorthoek Academy is located in Grand Rapids, MI. The organization was established in 1989. 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, Noorthoek Academy employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noorthoek 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, Noorthoek Academy generated $300.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $274.9k during the year ending 06/2021. While expenses have increased by 25.0% 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
FOUNDED IN PARTNERSHIP WITH GRAND RAPIDS COMMUNITY COLLEGE, NOORTHOEK ACADEMY IS DEDICATED TO PROVIDING A CONTINUING EDUCATION PROGRAM IN THE ARTS AND SCIENCES FOR STUDENTS WITH MILD COGNITIVE IMPAIRMENTS WHO WANT TO PURSUE THEIR EDUCATION IN A COLLEGE SETTING AFTER HIGH SCHOOL. THE GRAND RAPIDS COMMUNITY COLLEGE ALLOWS NOORTHOEK TO USE ITS CLASSROOMS, BIOLOGY LAB, GREEN ROOF, AND LIBRARY WITHOUT CHARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOORTHOEK ACADEMY OFFERS A POST-SECONDARY SCHOOL CONTINUING EDUCATION PROGRAM IN THE ARTS AND SCIENCES FOR STUDENTS WITH MILD COGNITIVE IMPAIRMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Barraza Education Director | Officer | 40 | $48,412 |
Lyn Vantol Executive Director | Trustee | 1 | $7,000 |
Cindy Zimdar President | OfficerTrustee | 1 | $0 |
Christine Marcy Treasurer | OfficerTrustee | 1 | $0 |
Luthene Chappell Secretary | OfficerTrustee | 1 | $0 |
Tina Hoxie Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,525 |
| Related organizations | $0 |
| Government grants | $79,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,889 |
| Noncash contributions included in lines 1a–1f | $167,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,914 |
| Total Program Service Revenue | $26,925 |
| 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 | $300,839 |
| 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. | $79,912 |
| Compensation of current officers, directors, key employees. | $39,956 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,519 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,523 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,891 |
| 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 | $3,283 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $167,662 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,093 |
| All other expenses | $208 |
| Total functional expenses | $274,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $579,596 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $645,260 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $65,664 |
| Net assets with donor restrictions | $579,596 |
| 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 | $645,260 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Noorthoek Academy has recieved totaling $46,529.
| Awarding Organization | Amount |
|---|---|
Grand Rapids Community Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING SUPPORT | $38,995 |
Peter C And Emajean Cook Foundation Grand Rapids, MI PURPOSE: EVENT SPONSOR | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Endowment Analysis
| Earnings | $132,383 |
| Admin Expense | $2,170 |
| Net Contributions | $5,000 |
| Grants | $13,762 |
| Ending Balance | $579,596 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Little Star Center Inc Carmel, IN | $4,849,265 | $23,180,469 |
Boundless Strategic Resources Inc Worthington, OH | $10,612,715 | $19,458,907 |
La Causa Inc Milwaukee, WI | $21,522,910 | $16,623,620 |
Gibault Inc Terre Haute, IN | $35,353,670 | $13,928,805 |
Lawrence School Broadview Heights, OH | $26,810,351 | $14,941,230 |
Chileda Institute Inc La Crosse, WI | $16,643,719 | $12,257,585 |
Marburn Academy Inc New Albany, OH | $15,756,031 | $10,606,006 |
United Disability Services Inc Akron, OH | $14,431,720 | $8,204,712 |
Sycamore School Inc Indianapolis, IN | $14,641,130 | $8,887,687 |
Emerson School Inc Ann Arbor, MI | $12,947,706 | $9,936,542 |
Springer School & Center Cincinnati, OH | $14,160,630 | $8,045,731 |
Shepherds Baptist Ministries Inc Union Grove, WI | $10,932,314 | $7,438,958 |