Equipo Academy
- Assets
- $17.8m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 92
- Location
- Las Vegas, NV
- Founding
- 01/2018
- Data as of
- 06/2022
- EIN
- 47-3706052
Organization Overview
Equipo Academy is located in Las Vegas, NV. The organization was established in 2018. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Equipo Academy employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equipo 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, Equipo Academy generated $8.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $9.2m during the year ending 06/2022. While expenses have increased by 9.3% per year over the past 5 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
TO EMPOWER STUDENTS TO MEET HIGH EXPECTATONS, EXCEL TO AND THROUGH COLLEGE, AND BECOME TRANSFORMATIONAL LEADERS FOR EAST LAS VEGAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY IS A COLLEGE PREPARATORY SCHOOL FOR GRADES 6TH - 12TH. DURING FY 2021-2022 THE SCHOOL SERVED ABOUT 830 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Alder-Walls Chair | OfficerTrustee | 1 | $0 |
Nancy Alamo Vice Chair | OfficerTrustee | 1 | $0 |
Vivian Perdomo Secretary | OfficerTrustee | 1 | $0 |
Abby Habighorst Treasurer | OfficerTrustee | 1 | $0 |
Kerry Roberts Member | Trustee | 1 | $0 |
Jerry Keller Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,650,909 |
| 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 | $8,650,909 |
| 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 | $8,663,553 |
| 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 | $173,649 |
| Other salaries and wages | $4,909,101 |
| Pension plan accruals and contributions | $1,474,327 |
| Other employee benefits | $365,150 |
| Payroll taxes | $158,541 |
| 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 | $156,280 |
| Advertising and promotion | $7,968 |
| Office expenses | $35,866 |
| Information technology | $129,621 |
| Royalties | $0 |
| Occupancy | $451,544 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,052 |
| Interest | $80,735 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $357,428 |
| Insurance | $89,202 |
| All other expenses | $0 |
| Total functional expenses | $9,154,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $773,901 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,022,314 |
| 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 | $81,529 |
| Net Land, buildings, and equipment | $11,229,165 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,680,575 |
| Total assets | $17,787,484 |
| Accounts payable and accrued expenses | $562,910 |
| Grants payable | $0 |
| Deferred revenue | $29,544 |
| 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 | $18,847,056 |
| Total liabilities | $19,439,510 |
| Net assets without donor restrictions | -$1,652,026 |
| 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 | $17,787,484 |