Mca Academy 2 Inc is located in Miami, FL. The organization was established in 2016. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Mca Academy 2 Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mca Academy 2 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 06/2022, Mca Academy 2 Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. 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
TO PROVIDE A CHILD-CENTERED LEARNING ENVIRONMENT THAT MOTIVATES CHILDREN TO DEVELOP AND ACHIEVE THEIR PERSONAL GOALS AND TALENTS WITHOUT SACRIFICING ACADEMIC EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY 2021, WE PROMOTED 100% OF OUR STUDENT BODY TO THE NEXT GRADE LEVEL, AND GRADUATED ALL COLLEGE BOUND AND ACCEPTED SENIORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ingrid Acosta President/director/principal | OfficerTrustee | 40 | $121,500 |
Ronald Jakubisin Media Director/marketing/web Support Consultant | Trustee | 3 | $15,954 |
Rebeca Acosta Vice-President/director/bookkeeper | OfficerTrustee | 2 | $7,000 |
Eduardo Oliva Financial Director | OfficerTrustee | 1 | $0 |
Alba Acosta Secretary/director | OfficerTrustee | 1 | $0 |
Matt Swingly Development Consultant/director | Trustee | 1 | $0 |
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 | $10,082 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,082 |
Total Program Service Revenue | $1,102,071 |
Investment income | $493 |
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 | $1,112,666 |
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. | $144,454 |
Compensation of current officers, directors, key employees. | $22,954 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $281,704 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $34,302 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,680 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $145,520 |
Advertising and promotion | $18,274 |
Office expenses | $15,128 |
Information technology | $10,018 |
Royalties | $0 |
Occupancy | $331,571 |
Travel | $18,093 |
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 | $34,592 |
Insurance | $10,906 |
All other expenses | $2,479 |
Total functional expenses | $1,150,967 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $988,702 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $32,171 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $64,154 |
Total assets | $1,085,027 |
Accounts payable and accrued expenses | $9,130 |
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 | $103,500 |
Other liabilities | $35,444 |
Total liabilities | $148,074 |
Net assets without donor restrictions | $936,953 |
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 | $1,085,027 |
Over the last fiscal year, we have identified 2 grants that Mca Academy 2 Inc has recieved totaling $2,086.
Awarding Organization | Amount |
---|---|
Morgan Stanley Foundation Inc New York, NY PURPOSE: VOLUNTEER INCENTIVE PROGRAM | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $86 |
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