Sheila C Skip Nowell Leadership Academy
- Assets
- $2.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 33
- Location
- Providence, RI
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 46-2385806
Organization Overview
Sheila C Skip Nowell Leadership Academy is located in Providence, RI. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Sheila C Skip Nowell Leadership Academy employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheila C Skip Nowell Leadership Academy 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 06/2022, Sheila C Skip Nowell Leadership Academy generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 7.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SHEILA C. "SKIP" NOWELL LEADERSHIP ACADEMY IS TO ENSURE THAT RHODE ISLAND'S PREGNANT, PARENTING AND UNDERSERVED YOUTH GRADUATE FROM HIGH SCHOOL WITH THE KNOWLEDGE AND SKILLS THEY NEED TO BE PREPARED FOR SUCCESS IN COLLEGE, CAREER AND FAMILY LIFE.OUR VISION IS TO BECOME A NATIONAL LEADER IN PROVIDING AN EXCEPTIONALLY HIGH QUALITY, COMPETENCY BASED HIGH SCHOOL EXPERIENCE TO PREGNANT, PARENTING AND UNDERSERVED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THE PROVISION OF A HOLISTIC EDUCATIONAL PROGRAM THAT INCLUDES A FULL GRADE 9-12 ONLINE-VIRTUAL CURRICULUM; WRAP-AROUND SUPPORTIVE SERVICES; AFFORDABLE AND ACCESSIBLE ON-SITE DAY CARE; FLEXIBLE AND INDIVIDUALIZED IN-SCHOOL HOURS; AND SPECIALIZED ACCESSIBILITY TO COLLEGES, UNIVERSITIES AND POST-SECONDARY JOB TRAINING PROGRAMS,GRADUATES OF THE ACADEMY WILL BE PREPARED TO BECOME PRODUCTIVE CITIZENS, WORKERS AND LIFELONG LEARNERS, AND ALSO EMPOWERED AND FINANCIALLY INDEPENDENT INDIVIDUALS AT THE HEADS OF STRONG AND STABLE FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Carter Director | Trustee | 1 | $0 |
Sulina Mohanty Vice Chairperson | OfficerTrustee | 1 | $0 |
Larome Myrick Board Chairperson | OfficerTrustee | 1 | $0 |
Rilwan Feyisitan Director | Trustee | 1 | $0 |
Sharon Lee Secretary | OfficerTrustee | 1 | $0 |
Maria Rivera Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $902,318 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,224,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,126,724 |
| Total Program Service Revenue | $764,799 |
| Investment income | $0 |
| 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 | $3,891,523 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,765,175 |
| Pension plan accruals and contributions | $280,497 |
| Other employee benefits | $372,721 |
| Payroll taxes | $75,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,820 |
| Fees for services: Accounting | $32,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,158 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $50,914 |
| Royalties | $0 |
| Occupancy | $387,950 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,291 |
| Insurance | $37,442 |
| All other expenses | $194,369 |
| Total functional expenses | $3,909,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,318,328 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $444,623 |
| 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 | $71,833 |
| Net Land, buildings, and equipment | $821,147 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,920 |
| Total assets | $2,692,851 |
| Accounts payable and accrued expenses | $186,856 |
| Grants payable | $0 |
| Deferred revenue | $207,805 |
| 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 | $480,777 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $875,438 |
| Net assets without donor restrictions | $1,767,013 |
| Net assets with donor restrictions | $50,400 |
| 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 | $2,692,851 |