Strive Collegiate Academy Inc
- Assets
- $3.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 45
- Location
- Nashville, TN
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 46-4782840
Organization Overview
Strive Collegiate Academy Inc is located in Nashville, TN. 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 06/2021, Strive Collegiate Academy Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strive Collegiate Academy 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 06/2021, Strive Collegiate Academy Inc generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $4.3m during the year ending 06/2021. While expenses have increased by 21.3% 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
TO PREPARE MIDDLE SCHOOL STUDENTS FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND CAREER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PUBLIC CHARTER SCHOOL.
OPERATION OF A PUBLIC CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lakendra Butler School Leader | Officer | 40 | $110,754 |
Scott Emerson Chairman | OfficerTrustee | 2 | $0 |
Norma Shirk Vice Chairman | OfficerTrustee | 2 | $0 |
Jordan Walters Treasurer | OfficerTrustee | 2 | $0 |
Kristina Reliford Secretary | OfficerTrustee | 2 | $0 |
Carlisha Hill Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rlcl Acquisition Llc Transportation Service | 6/29/20 | $223,743 |
Revolving Enrichment Llc Education & Training Services | 6/29/20 | $154,860 |
Cp Green Hills Llc Computer Repair | 6/29/20 | $125,197 |
Revolving Enrichment Llc Education & Training Services | 6/29/20 | $154,860 |
Rlcl Acquisition Llc Transportation Service | 6/29/20 | $223,743 |
Rlcl Acquisition Llc Transportation Service | 6/29/20 | $223,743 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,757,651 |
| All other contributions, gifts, grants, and similar amounts not included above | $175,122 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,932,773 |
| Total Program Service Revenue | $0 |
| 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 | $4,932,773 |
| 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. | $110,754 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,336,857 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $89,675 |
| Insurance | $0 |
| All other expenses | $544,493 |
| Total functional expenses | $4,288,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,236,562 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,527 |
| 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 | $153,565 |
| Net Land, buildings, and equipment | $389,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $671,335 |
| Total assets | $3,579,293 |
| Accounts payable and accrued expenses | $26,047 |
| 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 | $563,921 |
| Total liabilities | $589,968 |
| Net assets without donor restrictions | $2,065,177 |
| Net assets with donor restrictions | $924,148 |
| 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 | $3,579,293 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Strive Collegiate Academy Inc has recieved totaling $198,392.
| Awarding Organization | Amount |
|---|---|
Scarlett Family Foundation Nashville, TN PURPOSE: STRIVE LEADERSHIP DEVELOPMENT | $60,000 |
Joe C Davis Foundation Nashville, TN PURPOSE: PROGRAM SUPPORT | $50,000 |
Scarlett Family Foundation Nashville, TN PURPOSE: SUPPORT FOR LEADERSHIP DEVELOPMENT | $50,000 |
National Charter Collaborative Seattle, WA PURPOSE: SPECIAL ED RESEARCH | $18,000 |
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: TO PROVIDE BIG PAYBACK 2021 GIVING DAY PAYMENT. | $10,372 |
Blair J Wilson Charitable Trust Nashville, TN PURPOSE: GENERAL USE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Arkansas Public School Resource Center Inc Little Rock, AR | $6,340,415 | $12,760,504 |
Mission Interests Committee Harrison, AR | $10,271,501 | $13,233,204 |
Centennial Place Academy Inc Atlanta, GA | $7,663,078 | $14,548,051 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |