Lionheart Academy Of The Triad
- Assets
- $2.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 26
- Location
- Greensboro, NC
- Founding
- 06/2016
- Data as of
- 06/2023
- EIN
- 47-4069833
Organization Overview
Lionheart Academy Of The Triad is located in Greensboro, NC. The organization was established in 2016. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, Lionheart Academy Of The Triad employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lionheart Academy Of The Triad 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 06/2023, Lionheart Academy Of The Triad generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 19.2% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP DIPLOMA SEEKING STUDENTS WITH AUTISM SPECTRUM DISORDERS (ASD) INTO INDEPENDENT ADULTS THROUGH RESEARCH BASED EDUCATION STRATEGIES DESIGNED TO INCREASE ACADEMIC AND SOCIAL SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A TRADITIONAL DIPLOMA TRACK AS WELL AS AN OCCUPATIONAL COURSE OF STUDY (OCS) FOR INDIVIDUALS WITH AUTISM SPECTRUM DISORDER - 72 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jessica Brammer-Ownes Head Of School | Officer | 40 | $66,652 |
Sandy Eaton Dir Fin & Adm | Officer | 40 | $48,441 |
Heather Pardue President | OfficerTrustee | 10 | $0 |
Debbie Love Director | Trustee | 0 | $0 |
Mike Matzinger Director | Trustee | 0 | $0 |
Chris Justice Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,768 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,585 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,353 |
| Total Program Service Revenue | $1,298,972 |
| Investment income | $3,506 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,187 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,411,062 |
| 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. | $115,093 |
| Compensation of current officers, directors, key employees. | $115,093 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $680,032 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,689 |
| Payroll taxes | $63,324 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,100 |
| Advertising and promotion | $0 |
| Office expenses | $32,754 |
| Information technology | $3,262 |
| Royalties | $0 |
| Occupancy | $21,111 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,116 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,366 |
| Insurance | $2,561 |
| All other expenses | $10,137 |
| Total functional expenses | $1,177,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $832,638 |
| Savings and temporary cash investments | $0 |
| 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 | $1,159,798 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1 |
| Other assets | $15 |
| Total assets | $1,992,452 |
| Accounts payable and accrued expenses | $6,258 |
| 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 | $769,587 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $775,845 |
| Net assets without donor restrictions | $1,212,285 |
| Net assets with donor restrictions | $4,322 |
| 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 | $1,992,452 |