Northstar Academy Inc
- Assets
- $17.3m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 74
- Location
- Glen Allen, VA
- Founding
- 01/1998
- Data as of
- 06/2023
- EIN
- 54-1816370
Organization Overview
Northstar Academy Inc is located in Glen Allen, VA. The organization was established in 1998. 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, Northstar Academy Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northstar 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 06/2023, Northstar Academy Inc generated $6.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $4.4m during the year ending 06/2023. While expenses have increased by 5.5% per year over the past 8 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
AT NORTHSTAR ACADEMY, WE PROMOTE EDUCATIONAL EXCELLENCE AND CAREER OPPORTUNITIES FOR STUDENTS WITH DISABILITIES WHO HAVE ACADEMIC, PHYSICAL, OR SOCIAL CHALLENGES. NORTHSTAR ACADEMY EMPOWERS STUDENTS TO DEVELOP AND VALUE THEIR DIVERSE ABILITIES, CHART A SUCCESSFUL COURSE FOR THEIR LIVES, AND CREATE THEIR OWN FUTURES. WE CULTIVATE COMMUNITIES WHERE PEOPLE OF ALL ABILITIES THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHSTAR ACADEMY SERVES YOUNG PEOPLE GRADES K-12 WITH A WIDE VARIETY OF DISABILITIES. WE ENSURE AN EDUCATIONAL EXPERIENCE THAT IS BOTH TRADITIONAL AND UNCONVENTIONAL, RECOGNIZING THE UNIQUE NEEDS OF EACH STUDENT. WE SERVE STUDENTS WITH DISABILITIES IN 12 OF THE 13 CATEGORIES DEFINED BY THE INDIVIDUALS WITH DISABILITIES EDUCATION ACT. NORTHSTAR ACADEMY IS STRATEGIC IN SELECTING EDUCATIONAL PROGRAMS THAT COMPLEMENT OUR APPROACH TO LEARNING. EACH PROGRAM USES STRATEGIES THAT APPEAL TO STUDENTS WITH A VARIETY OF LEARNING STYLES SUCH AS VISUAL, AUDITORY, OR TACTILE. OUR FLAGSHIP PROGRAMS INCLUDE DISCOVERING ABILITIES THROUGH ART, LINDAMOOD-BELL LANGUAGE AND MATH PROGRAMS, AND SPECIALIZED SOCIAL SKILLS INSTRUCTION.
NORTHSTAR CAREER ACADEMY IS A CAREER AND TECHNICAL EDUCATION PROGRAM FOR STUDENTS WITH DISABILITIES AGES 16-24. AT THE CAREER ACADEMY, WE PREPARE YOUTH WITH DISABILITIES TO BE PRODUCTIVE CITIZENS. THE CAREER ACADEMY IS A TRANSFORMATIVE AND INNOVATIVE WORKFORCE DEVELOPMENT MODEL THAT BUILDS ON NORTHSTAR ACADEMY'S YEARS OF EXPERTISE WORKING WITH HIGH SCHOOL AGED AND YOUNG ADULT STUDENTS. THE PROGRAM INCLUDES THREE COMPONENTS: JOB SKILLS, SPECIALIZED WORKPLACE SOCIAL SKILLS CALLED COUNTDOWN TO EMPLOYMENT, AND PRODUCTIVITY. THROUGH BOTH CLASSROOM INSTRUCTION AND OFF-CAMPUS WORKSITE EXPERIENCES WITH BUSINESS PARTNERS IN OUR COMMUNITY, WE ARE EMPOWERING STUDENTS TO DEVELOP THE SELF-DETERMINATION AND SELF-ADVOCACY SKILLS NECESSARY FOR ACHIEVING INDEPENDENT LIVING, EMPLOYMENT, AND/OR POST- SECONDARY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lemuel Doss III Chair | OfficerTrustee | 10 | $0 |
Richard R Bennett MD Vice Chair | OfficerTrustee | 1 | $0 |
Jennifer Quindoza Secretary | OfficerTrustee | 1 | $0 |
Nancy Volante Treasurer | OfficerTrustee | 1 | $0 |
Robert Benaicha Director | Trustee | 1 | $0 |
Martha Branch Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $31,290 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,141,769 |
| Noncash contributions included in lines 1a–1f | $116,598 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,173,059 |
| Total Program Service Revenue | $3,603,217 |
| Investment income | $31,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1 |
| Net Gain/Loss on Asset Sales | -$287 |
| Net Income from Fundraising Events | $29,649 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,844,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $247,330 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $136,430 |
| Compensation of current officers, directors, key employees. | $51,598 |
| Compensation to disqualified persons | $124,795 |
| Other salaries and wages | $2,411,843 |
| Pension plan accruals and contributions | $69,779 |
| Other employee benefits | $137,629 |
| Payroll taxes | $196,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $399 |
| Fees for services: Accounting | $19,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $105,342 |
| Advertising and promotion | $92,478 |
| Office expenses | $57,114 |
| Information technology | $64,955 |
| Royalties | $0 |
| Occupancy | $296,535 |
| Travel | $11,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,162 |
| Interest | $78,321 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142,794 |
| Insurance | $7,895 |
| All other expenses | $0 |
| Total functional expenses | $4,426,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $5,966,560 |
| Pledges and grants receivable | $5,020,500 |
| Accounts receivable, net | $183,315 |
| 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 | $35,780 |
| Net Land, buildings, and equipment | $6,089,766 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,880 |
| Other assets | $33,600 |
| Total assets | $17,332,701 |
| Accounts payable and accrued expenses | $419,393 |
| Grants payable | $0 |
| Deferred revenue | $192,647 |
| 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 | $2,900,000 |
| Other liabilities | $0 |
| Total liabilities | $3,512,040 |
| Net assets without donor restrictions | $8,150,007 |
| Net assets with donor restrictions | $5,670,654 |
| 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 | $17,332,701 |