The Sae School Inc
- Assets
- $10.1m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 96
- Location
- Mableton, GA
- Founding
- 06/2012
- Data as of
- 06/2023
- EIN
- 45-2894607
Organization Overview
The Sae School Inc is located in Mableton, GA. 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 06/2023, Sae School Inc employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sae School 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, Sae School Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $4.6m during the year ending 06/2023. While expenses have increased by 5.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DISCOVER, NURTURE, AND PROTECT EACH CHILD'S INDIVIDUAL LIFE AND ACADEMIC JOURNEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SAE SCHOOL CURRENTLY HAS 375 STUDENTS ENROLLED AND IS THE FIRST SCHOOL IN GEORGIA TO BE 100% SOLAR POWERED. CAMPS WERE HOSTED DURING TIMES SCHOOL IS NOT IN SESSION WITH DIFFERENT THEMES AND UP TO 75 STUDENTS ATTENDING EACH DAY.THE SAE SCHOOL IS AN INDEPENDENT SCHOOL FOUNDED IN 2011 BY A GROUP OF LOCAL PARENTS AND EDUCATORS TO CREATE A SCHOOL THAT FOCUSES ON THE NEEDS OF THE INDIVIDUAL STUDENT THROUGH A PROJECT BASED LEARNING INSTRUCTIONAL MODEL. OPENING ITS DOORS ON AUGUST 13TH, 2013 WITH 118 STUDENTS IN PRESCHOOL THROUGH EIGHTH GRADE AND GREW THROUGH THE YEARS TO 400. THE SCHOOL RECEIVED ACCREDITATION THROUGH THE GEORGIA ACCREDITING COMMISSION EFFECTIVE AS OF JULY 2013. DIVERSITY REPRESENTED WITHIN THE STUDENT BODY; 85% AFRICAN AMERICAN, 5% CAUCASIAN, 5% MULTI-ETHNIC, 5% HISPANIC. ADDITIONALLY, THE SCHOOL SERVES A DIVERSE COMMUNITY OF LEARNERS THROUGH ITS INCLUSION EDUCATION PROGRAM. STUDENTS WITH DIAGNOSED LEARNING DIFFERENCES ARE FULLY INCLUDED WITH ADDITIONAL SUPPORT DESIGNED ON A STUDENT-BY-STUDENT BASIS TO ENSURE THAT EACH CHILD RECEIVES AN ACADEMIC EXPERIENCE CONDUCIVE TO THEIR LEARNING STYLE. FUNDRAISING EFFORTS ENGAGED STUDENTS, PARENTS AND SUPPORTING COMMUNITY MEMBERS TO CREATE ADDITIONAL SUPPORT INCLUDING SCHOLARSHIPS, SUPPLIES FOR SPECIAL EVENTS, FIELD TRIP FUNDING AND OTHER PROGRAM ENHANCEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maurice Pritchett Jr Board Chair | OfficerTrustee | 1 | $0 |
Lt Chris Hyatt Vice Chair | OfficerTrustee | 1 | $0 |
Mindy Fortson Secretary | OfficerTrustee | 1 | $3,782 |
Bryan Miller Treasurer | OfficerTrustee | 1 | $0 |
Kenneth Newby Director | Trustee | 1 | $6,316 |
Tyrone Mitchell Director | Trustee | 1 | $9,900 |
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 | $241,017 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,017 |
| Total Program Service Revenue | $5,033,412 |
| Investment income | $24,043 |
| 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 | -$2,691 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,295,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $339,369 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $278,854 |
| Compensation of current officers, directors, key employees. | $25,097 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,446,870 |
| Pension plan accruals and contributions | $32,659 |
| Other employee benefits | $141,400 |
| Payroll taxes | $232,251 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,418 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,540 |
| Advertising and promotion | $30,076 |
| Office expenses | $51,608 |
| Information technology | $13,452 |
| Royalties | $0 |
| Occupancy | $104,883 |
| Travel | $45,529 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $143,899 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $233,984 |
| Insurance | $72,310 |
| All other expenses | $3,029 |
| Total functional expenses | $4,563,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $113,755 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,938,834 |
| 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 | $107,973 |
| Net Land, buildings, and equipment | $4,249,100 |
| Investments—publicly traded securities | $1,500,906 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $224,787 |
| Total assets | $10,135,355 |
| Accounts payable and accrued expenses | $53,053 |
| Grants payable | $0 |
| Deferred revenue | $3,942,383 |
| 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 | $3,528,480 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,489 |
| Total liabilities | $7,542,405 |
| Net assets without donor restrictions | $2,592,950 |
| 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 | $10,135,355 |