American Academy For Liberal Education
- Assets
- $152.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 10/1992
- Data as of
- 12/2023
- EIN
- 52-1789016
Organization Overview
American Academy For Liberal Education is located in Washington, DC. The organization was established in 1992. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy For Liberal Education 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 12/2023, American Academy For Liberal Education generated $61.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $103.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ACCREDITATION EDUCATION: TO ESTABLISH STANDARDS FOR LIBERAL ARTS HIGHER EDUCATION BY REVIEWING STANDARDS FOR UNDERGRADUATE DEGREES IN LIBERAL ARTS, REVIEWING STANDARDS FOR GENERAL EDUCATION OR CORE CURRICULUM BY ACCREDITING PROGRAMS BASED ON ITS STANDARDS AND BY REVIEWING OTHER ACADEMIC REQUIREMENTS THAT THE ACADEMY MAY BE CALLED UPON TO ASSESS IN THE COURSE OF ITS OPERATIONS. K-12 PUBLIC CHARTER SCHOOLS: TO ESTABLISH NATION-WIDE VOLUNTARY STANDARDS FOR PUBLIC CHARTER SCHOOLS WITH STRONG ACADEMIC EMPHASIS, REVIEWING APPLICATIONS BY MEANS OF SELF-STUDIES, SITE VISIT REPORTS, SCHOOL RESPONSES AND ACCREDITATION ACTIONS BY (GRANTING, DEFERRING OR DENYING) BY THE BOARD OF TRUSTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Manzer Board Member President | 5 | $0 | |
Rene Paddags Board Member - Chair | 5 | $3,000 | |
Karl Schumann Board Member - Secretary | 1 | $0 | |
Dale Larson Board Member - Vice Chair/treasurer | 5 | $0 | |
Mary Ann Powers Exec Director, Board Member-Non-Voting | 30 | $53,500 | |
Stephen Balch Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,849 |
| Total Program Service Revenue | $19,795 |
| Membership dues | $28,565 |
| Investment income | $5,589 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,637 |
| Total Revenue | $61,435 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,593 |
| Professional fees and other payments to independent contractors | $21,875 |
| Occupancy, rent, utilities, and maintenance | $1,802 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,512 |
| Total expenses | $103,782 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,236 |
| Other assets | $0 |
| Total assets | $152,775 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,775 |