Destiny Achievers Academy Of Excellence
- Assets
- $1.6m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Ellenwood, GA
- Founding
- 04/2012
- Data as of
- 06/2018
- EIN
- 45-2533744
Organization Overview
Destiny Achievers Academy Of Excellence is located in Ellenwood, GA. The organization was established in 2012. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2017, Destiny Achievers Academy Of Excellence employed 4 individuals. Destiny Achievers Academy Of Excellence 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 06/2018, Destiny Achievers Academy Of Excellence generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $3.8m during the year ending 06/2018. While expenses have increased by 21.9% per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF DESTINY ACHIEVERS ACADEMY OF EXCELLENCE IS TO PROVIDE EACH STUDENT WITH AN OPPORTUNITY TO SUCCEED ACADEMICALLY IN A STRUCTURED AND SUPPORTIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKING WITH AN AVERAGE OF 115 STUDENTS THROUGHOUT THE YEAR TO FOSTER AN ATMOSPHERE THAT PROMOTED A LEARNING COMMUNITY CHARACTERIZED BY STUDENT-CENTERED INSTRUCTION AND DECISIONS, ACADEMIC EXCELLENCE, TRUST, RESPECT, EXCELLENT COMMUNICATIONS, AND RECOGNITION OF BOTH STUDENT AND STAFF ACHIEVEMENT.DONATED SERVICES TOTALLED $120,000.00
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roshelle Hudson Board Vice-Chairperson | Officer | 0 | $0 |
Reginald Johnson Board Member | Trustee | 0 | $0 |
Leroy King Board Member | Trustee | 0 | $0 |
Shaka Shedeke Board Member | Trustee | 0 | $0 |
Dr Betty Jones Board Member | Trustee | 0 | $0 |
Liona Speede Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Investment income | $2,600 |
| 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 | $3,628,979 |
| 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. | $144,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,600,494 |
| Pension plan accruals and contributions | $257,181 |
| Other employee benefits | $149,024 |
| Payroll taxes | $42,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,583 |
| Fees for services: Accounting | $108,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $371,813 |
| Advertising and promotion | $0 |
| Office expenses | $83,708 |
| Information technology | $84,921 |
| Royalties | $0 |
| Occupancy | $487,372 |
| Travel | $50,895 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,957 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,026 |
| Insurance | $10,098 |
| All other expenses | $0 |
| Total functional expenses | $3,832,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,539,599 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,050 |
| 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 | $4,534 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,569,338 |
| Accounts payable and accrued expenses | $412,161 |
| 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 | $412,161 |
| Net assets without donor restrictions | $1,157,177 |
| 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 | $1,157,177 |
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