Academy For Scholastic And Personal Success Inc
- Assets
- $123.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 45-4289211
Organization Overview
Academy For Scholastic And Personal Success Inc is located in Cedar Rapids, IA. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy For Scholastic And Personal Success 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 12/2021, Academy For Scholastic And Personal Success Inc generated $131.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $142.8k during the year ending 12/2021. While expenses have increased by 19.8% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SIX WEEK DEDICATED FOCUS SUMMER PROGRAM FOR 30 HIGH SCHOOL STUDENTS WITH INCLUDED INSTRUCTION IN CORE CURRICULAR AREAS OF SCHOLASTIC, CULTURAL AND PERSONAL ISSUES DESIGNED TO HELP YOUTH HAVE TOOLS TO UNDERSTAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth White Executive Director | 25 | $25,000 | |
Eric Thompson Director | 15 | $22,500 | |
Amara Andrews President | 5 | $0 | |
Allahna Brathwiate Vice President | 5 | $0 | |
Jillian Knutson Treasurer | 10 | $0 | |
Shirley Cox Director Academy Expansion | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,541 |
| Total Program Service Revenue | $3,619 |
| Membership dues | $0 |
| Investment income | $380 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,540 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,150 |
| Professional fees and other payments to independent contractors | $52,377 |
| Occupancy, rent, utilities, and maintenance | $535 |
| Printing, publications, postage, and shipping | $4,760 |
| Other expenses | $10,932 |
| Total expenses | $142,754 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,965 |
| Other assets | $0 |
| Total assets | $123,715 |
| Total liabilities | $2,270 |
| Net assets or fund balances | $121,445 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Academy For Scholastic And Personal Success Inc has recieved totaling $16,936.
| Awarding Organization | Amount |
|---|---|
Greater Cedar Rapids Community Foundation Cedar Rapids, IA PURPOSE: GENERAL SUPPORT, ANNUAL AGENCY DISTRIBUTION, THE ACADEMY SPS PLANNING FOR THE FUTURE | $16,869 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
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