Southgate Academy Inc
- Assets
- $16.9m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 100
- Location
- Tucson, AZ
- Founding
- 02/2006
- Data as of
- 06/2021
- EIN
- 47-0898555
Organization Overview
Southgate Academy Inc is located in Tucson, AZ. The organization was established in 2006. 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, Southgate Academy Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southgate 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, Southgate Academy Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $6.5m during the year ending 06/2021. While expenses have increased by 3.4% 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
SOUTHGATE ACADEMY'S MISSION IS TO SUCCESSFULLY PROMOTE A HIGHER STANDARD OF EDUCATION, ESTABLISH A SAFE ENVIRONMENT FOR LEARNING AND SOCIAL DEVELOPMENT, AND ENABLE STUDENTS TO BECOME LIFE-LONG RESPONSIBLE CITIZENS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHGATE ACADEMY INC. IS AN ARIZONA PUBLIC CHARTER SCHOOL THAT SERVES APPROXIMATELY 600 STUDENTS K-12. SOUTHGATE ACADEMY'S MACILO (MAKING A CHANGE IN LIVES OF STUDENTS) STUDENTS PARTICIPATE IN A VARIETY OF ACTIVITIES TO ENHANCE THE LEARNING EXPERIENCE. SOUTHGATE HAS ALSO SPONSORED A HALLOWEEN AND WINTER DANCE FOR HIGH SCHOOL STUDENTS AS WELL AS A PROM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Hasson Director | OfficerTrustee | 40 | $94,877 |
Sylvia Calmelat Superintendent | OfficerTrustee | 40 | $88,973 |
Rebecca Islas Student Support | Trustee | 40 | $69,655 |
Naomi Borboa Nutritional Supervisor | Trustee | 40 | $63,444 |
Sirkku Chewning Ell Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,377,084 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,377,084 |
| Total Program Service Revenue | $4,276,145 |
| 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 | $7,653,229 |
| 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. | $361,993 |
| Compensation of current officers, directors, key employees. | $234,449 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,191,716 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $682,431 |
| Payroll taxes | $204,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,500 |
| 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 | $573,489 |
| Advertising and promotion | $63,985 |
| Office expenses | $118,022 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $221,156 |
| Travel | $18,607 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $487,556 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $921,367 |
| Insurance | $93,203 |
| All other expenses | $0 |
| Total functional expenses | $6,525,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,365,371 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,091 |
| Accounts receivable, net | $0 |
| 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 | $101,000 |
| Net Land, buildings, and equipment | $14,475,272 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,946,734 |
| Accounts payable and accrued expenses | $158,047 |
| Grants payable | $0 |
| Deferred revenue | $14,640 |
| 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 | $10,582,141 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,754,828 |
| Net assets without donor restrictions | $6,191,906 |
| 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 | $16,946,734 |
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