Citizens Academy East
- Assets
- $3.4m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 79
- Location
- Cleveland, OH
- Founding
- 06/2012
- Data as of
- 06/2020
- EIN
- 45-2392722
Organization Overview
Citizens Academy East is located in Cleveland, OH. The organization was established in 2012. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2020, Citizens Academy East employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citizens Academy East 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 06/2020, Citizens Academy East generated $4.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $5.1m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CITIZENS ACADEMY EAST IS TO PRODUCE LEARNERS WHO EXEMPLIFY ACADEMIC EXCELLENCE AND RESPONSIBLE CITIZENSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF CITIZENSHIP ACADEMY EAST IS TO PRODUCE LEARNERS WHO EXEMPLIFY ACADEMY EXCELLENCE AND RESPONSIBLE CITIZENSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Howard Chair | OfficerTrustee | 0.5 | $0 |
Cynthia Tancer Co-Chair | OfficerTrustee | 0.5 | $0 |
Tanisha Council Board Member | Trustee | 0.5 | $0 |
Art Lundberg Board Member | Trustee | 0.5 | $0 |
Linda Zucca Board Member | Trustee | 0.5 | $0 |
Reggie Novak Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,417,459 |
| Investment income | $5,654 |
| 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 | $4,752,643 |
| Statement of Expenses | |
|---|---|
| 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. | $168,842 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,748,188 |
| Pension plan accruals and contributions | $827,073 |
| Other employee benefits | $273,950 |
| Payroll taxes | $0 |
| Fees for services: Management | $731,106 |
| 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 | $523,585 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $660,935 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,831 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,093,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,582,499 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $323,311 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,504,896 |
| Total assets | $3,410,706 |
| Accounts payable and accrued expenses | $414,618 |
| 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 | $590,803 |
| Other liabilities | $5,211,475 |
| Total liabilities | $6,216,896 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$2,806,190 |