Equipo Academy
- Assets
- $5.5m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 77
- Location
- Las Vegas, NV
- Founding
- 01/2018
- Data as of
- 06/2021
- 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 06/2021, Equipo Academy employed 77 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 06/2021, Equipo Academy generated $8.4m in total revenue. All expenses for the organization totaled $8.2m during the year ending 06/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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 2020-2021 THE SCHOOL SERVED ABOUT 825 STUDENTS WITH APPROXIMATELY 175 INSTRUCTIONAL DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Salkowe Principal | Officer | 40 | $110,063 |
Kerry Robert Chair | OfficerTrustee | 1 | $0 |
Cheryl Alder-Walls Vice Chair | OfficerTrustee | 1 | $0 |
Nathan Reynoso Treasurer | OfficerTrustee | 1 | $0 |
Miriam Sotelo Secretary | OfficerTrustee | 1 | $0 |
Vivian Perdomo Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,356,926 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,360,705 |
| 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 | $8,383,335 |
| 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. | $173,649 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,648,459 |
| Pension plan accruals and contributions | $1,878,013 |
| Other employee benefits | $456,524 |
| Payroll taxes | $16,142 |
| 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 | $276,679 |
| Advertising and promotion | $10,109 |
| Office expenses | $56,108 |
| Information technology | $89,334 |
| Royalties | $0 |
| Occupancy | $910,851 |
| 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 | $144,261 |
| Insurance | $61,674 |
| All other expenses | $0 |
| Total functional expenses | $8,212,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $823,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,135,379 |
| 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 | $50,250 |
| Net Land, buildings, and equipment | $318,021 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,209,855 |
| Total assets | $5,537,300 |
| Accounts payable and accrued expenses | $421,371 |
| 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 | $6,276,547 |
| Total liabilities | $6,697,918 |
| Net assets without donor restrictions | -$1,160,618 |
| 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 | $5,537,300 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Equipo Academy has recieved totaling $23,121.
| Awarding Organization | Amount |
|---|---|
Kids Need To Read Mesa, AZ PURPOSE: READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN. | $23,095 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Preparatory School Oakland, CA | $86,770,968 | $29,982,508 |
De Toledo High School West Hills, CA | $54,114,350 | $20,796,544 |
Los Angeles Leadership Academy Los Angeles, CA | $13,675,392 | $17,033,455 |
Wasatch Academy Mt Pleasant, UT | $45,866,695 | $17,823,805 |
Dunn School Los Olivos, CA | $25,503,734 | $14,255,892 |
Maranatha High School Pasadena, CA | $37,804,147 | $15,687,230 |
Audeo Charter School San Diego, CA | $17,592,431 | $17,679,970 |
Cristo Rey San Jose High School San Jose, CA | $35,861,424 | $12,346,734 |
Monte Vista Christian School Inc Watsonville, CA | $36,645,188 | $14,491,760 |
Vistamar School El Segundo, CA | $31,527,433 | $13,947,255 |
Utah Military Academy Riverdale, UT | $24,344,819 | $12,220,357 |
Pathways In Education Illinois Pasadena, CA | $13,522,189 | $14,647,243 |