Baxter Academies Of Maine
- Assets
- $5.1m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 53
- Location
- Portland, ME
- Founding
- 02/2012
- Data as of
- 06/2021
- EIN
- 45-3626229
Organization Overview
Baxter Academies Of Maine is located in Portland, ME. 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 06/2021, Baxter Academies Of Maine employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baxter Academies Of Maine 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, Baxter Academies Of Maine generated $5.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $4.7m during the year ending 06/2021. While expenses have increased by 5.6% 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
BAXTER ACADEMIES OF MAINE IS AN EDUCATIONAL INSTITUTION THAT OPERATES PUBLIC CHARTER SCHOOLS IN MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAXTER ACADEMY IS A RIGOROUS, COLLEGE-PREPARATORY HIGH SCHOOL PROMOTING STUDENT OWNERSHIP OF LEARNING THROUGH CURRICULUM FOCUSED SPECIFICALLY ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM). BAXTER ACADEMY STUDENTS STUDY COMPLEX, REAL-WORLD PROBLEMS, USING AND BUILDING TECHNOLOGICAL TOOLS IN A COLLABORATIVE ENVIRONMENT WITH SCIENTISTS, ENGINEERS AND OTHER PROFESSIONALS. BAXTER ACADEMY SETS HIGH EXPECTATIONS FOR ALL STUDENTS, DEVELOPS SOCIAL RESPONSIBILITY, PROMOTES INNOVATION AND CREATIVITY, AND PRODUCES GRADUATES WITH A 21ST CENTURY GLOBAL PERSPECTIVE. STUDENTS AT BAXTER ACADEMY FOLLOW A STANDARDS-BASED CURRICULUM FOR ENGLISH LANGUAGE ARTS, MATHEMATICS, SCIENCE, SOCIAL STUDIES, AND THE ARTS. BAXTER ACADEMY SERVES STUDENTS WITH A STRONG INTEREST IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. WE OFFER A CHALLENGING COLLEGE-PREPARATORY CURRICULUM FEATURING OUTSTANDING AND INNOCATIVE TEACHERS. OUR TEACHERS HELP GUIDE STUDENTS TO BE PASSIONATE, SELF-DIRECTED LEARNERS BY ENGAGING THEIR INTELLECT AND ENCOURAGING THEIR IMAGINATIONS BY EMBRACING TECHNOLOGY-RICH PROJECT-BASED LEARNING. BAXTER ACADEMY ALSO OFFERS A STRONG HUMANITIES AND FOREIGN LANGUAGE CURRICULUM TO PREPARE STUDENTS TO BE ETHICAL LEADERS IN THE 21ST CENTURY GLOBAL ECONOMY.
BAXTER ACADEMY IS A RIGOROUS, COLLEGE-PREPARATORY HIGH SCHOOL PROMOTING STUDENT OWNERSHIP OF LEARNING THROUGH CURRICULUM FOCUSED SPECIFICALLY ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM). BAXTER ACADEMY STUDENTS STUDY COMPLEX, REAL-WORLD PROBLEMS, USING AND BUILDING TECHNOLOGICAL TOOLS IN A COLLABORATIVE ENVIRONMENT WITH SCIENTISTS, ENGINEERS AND OTHER PROFESSIONALS. BAXTER ACADEMY SETS HIGH EXPECTATIONS FOR ALL STUDENTS, DEVELOPS SOCIAL RESPONSIBILITY, PROMOTES INNOVATION AND CREATIVITY, AND PRODUCES GRADUATES WITH A 21ST CENTURY GLOBAL PERSPECTIVE. STUDENTS AT BAXTER ACADEMY FOLLOW A STANDARDS-BASED CURRICULUM FOR ENGLISH LANGUAGE ARTS, MATHEMATICS, SCIENCE, SOCIAL STUDIES, AND THE ARTS. BAXTER ACADEMY SERVES STUDENTS WITH A STRONG INTEREST IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. WE OFFER A CHALLENGING COLLEGE-PREPARATORY CURRICULUM FEATURING OUTSTANDING AND INNOCATIVE TEACHERS. OUR TEACHERS HELP GUIDE STUDENTS TO BE PASSIONATE, SELF-DIRECTED LEARNERS BY ENGAGING THEIR INTELLECT AND ENCOURAGING THEIR IMAGINATIONS BY EMBRACING TECHNOLOGY-RICH PROJECT-BASED LEARNING. BAXTER ACADEMY ALSO OFFERS A STRONG HUMANITIES AND FOREIGN LANGUAGE CURRICULUM TO PREPARE STUDENTS TO BE ETHICAL LEADERS IN THE 21ST CENTURY GLOBAL ECONOMY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelli Pryor Executive Di | Officer | 40 | $99,090 |
Kerry Bush CFO | Officer | 40 | $74,087 |
Chad Strout Prior Head O | Officer | 40 | $60,254 |
Cicy Po Head Of Scho | Officer | 40 | $53,141 |
Christian Sparling Vice Chair | OfficerTrustee | 10 | $0 |
Patti Oldmixon Chair | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $716,454 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $755,100 |
| Total Program Service Revenue | $4,493,863 |
| Investment income | $42,931 |
| 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 | $5,291,894 |
| 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. | $397,841 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,961,172 |
| Pension plan accruals and contributions | $203,301 |
| Other employee benefits | $260,250 |
| Payroll taxes | $57,743 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,099 |
| Fees for services: Accounting | $9,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $166,728 |
| Advertising and promotion | $0 |
| Office expenses | $15,523 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $399,090 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $206,527 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,722 |
| Insurance | $27,541 |
| All other expenses | $7,255 |
| Total functional expenses | $4,737,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $948,602 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $648,668 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,434,450 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,872 |
| Net Land, buildings, and equipment | $9,367 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,059,959 |
| Accounts payable and accrued expenses | $563,227 |
| 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 | $2,456,222 |
| Other liabilities | $160,650 |
| Total liabilities | $3,180,099 |
| Net assets without donor restrictions | $1,879,860 |
| 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 | $5,059,959 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Baxter Academies Of Maine has recieved totaling $10,686.
| Awarding Organization | Amount |
|---|---|
The Jebediah Foundation Boston, MA PURPOSE: FUND VARIOUS STUDENT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virtual Learning Academy Charter School Exeter, NH | $4,364,365 | $12,032,123 |
Maine Technology Institute Brunswick, ME | $20,192,850 | $10,752,801 |
Baxter Academies Of Maine Portland, ME | $5,059,959 | $5,291,894 |
Acadia Academy Lewiston, ME | $2,946,012 | $4,193,660 |
Harpswell Coastal Academy Inc Harpswell, ME | $1,328,759 | $3,434,927 |
Fiddlehead School Gray, ME | $2,450,740 | $2,123,993 |
Great Bay Elearning Charter School Exeter, NH | $1,221,712 | $1,886,991 |
Kreiva Academy Public Charter School Manchester, NH | $870,753 | $1,875,543 |
Compass Classical Academy Tilton, NH | $1,304,816 | $1,309,060 |
Next Charter School Derry, NH | $1,803,956 | $1,664,118 |
Making Community Connections Charter School Amherst, NH | $443,439 | $1,365,054 |
Gate City Charter School For The Arts Merrimack, NH | $402,137 | $1,441,405 |