Believe I Can Academy Inc
- Assets
- $314.1k
- Revenue
- $425.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Tempe, AZ
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 47-1967015
Organization Overview
Believe I Can Academy Inc is located in Tempe, AZ. The organization was established in 2018. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Believe I Can Academy Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Believe I Can 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 12/2021, Believe I Can Academy Inc generated $425.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $377.3k during the year ending 12/2021. While expenses have increased by 21.8% per year over the past 4 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
PROVIDE EDUCATION SERVICES AND ADVOCACY ON BEHALF OF DEVELOPMENTALLY CHALLENGED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATIONAL SUPPORT TO EDUCATIONALLY CHALLENGED STUDENTS.
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PDF Copies of 990 Filings
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $425,577 |
| Investment income | $87 |
| 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 | $425,664 |
| 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. | $50,769 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,936 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,547 |
| Payroll taxes | $10,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,811 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,902 |
| Office expenses | $2,833 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,976 |
| Travel | $14 |
| 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 | $16,843 |
| Insurance | $8,560 |
| All other expenses | $17,701 |
| Total functional expenses | $377,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,867 |
| Savings and temporary cash investments | $213,732 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $45,480 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $314,079 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $314,079 |
| 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 | $314,079 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Believe I Can Academy Inc has recieved totaling $289.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $289 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rise Inc Mesa, AZ | $71,845,884 | $94,957,913 |
Turning Point Community Programs Rancho Cordova, CA | $26,901,772 | $60,818,949 |
Angel View Inc Cathedral City, CA | $36,939,934 | $41,112,797 |
Developmental Disabilities Resource Center Lakewood, CO | $33,667,876 | $37,080,304 |
Marc Community Resources Inc Mesa, AZ | $35,242,671 | $36,227,990 |
The Arc Of San Diego San Diego, CA | $35,754,520 | $33,637,194 |
Developmental Disabilities Center Lafayette, CO | $29,260,076 | $34,596,273 |
Lifehouse Inc San Rafael, CA | $13,697,888 | $29,277,742 |
Exceptional Childrens Foundation A Corp Culver City, CA | $44,314,733 | $28,260,751 |
Adjoin San Diego, CA | $11,260,161 | $26,583,145 |
Beacon Group Inc Tucson, AZ | $22,203,870 | $24,274,015 |
Jay Nolan Community Services Inc Mission Hills, CA | $15,316,390 | $23,048,805 |