Atlanta Academy Inc
- Assets
- $12.8m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 121
- Location
- Roswell, GA
- Founding
- 08/2001
- Data as of
- 06/2022
- EIN
- 58-2574521
Organization Overview
Atlanta Academy Inc is located in Roswell, GA. The organization was established in 2001. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Atlanta Academy Inc employed 121 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta 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 06/2022, Atlanta Academy Inc generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $7.0m during the year ending 06/2022. While expenses have increased by 7.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO GIVE EVERY STUDENT THE INDIVIDUAL ATTENTION THEY NEED TO SUCCEED. THIS IS AT THE CORE OF EVERYTHING WE DO. ATLANTA ACADEMY TEACHES CHILDREN FROM PRE-K THROUGH EIGHTH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A STRUCTURED, NURTURING LEARNING ENVIROMENT FOR 391 STUDENTS FROM PRE-K THROUGH EIGHTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malon D Mimms Trustee Emer | Trustee | $0 | |
Angela Naples Trustee | Trustee | 1 | $0 |
Kerrieann Axt Trustee/secr | OfficerTrustee | 1 | $0 |
Tyler Snellings Trustee | Trustee | 1 | $0 |
Shannon Dishman Trustee/head | OfficerTrustee | 40 | $134,050 |
Kate Anderson Trustee/ Tre | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,348 |
| Total Program Service Revenue | $6,663,294 |
| Investment income | $2,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,760 |
| Net Income from Fundraising Events | $129,150 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,938,525 |
| 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 | $0 |
| Other salaries and wages | $3,930,979 |
| Pension plan accruals and contributions | $66,230 |
| Other employee benefits | $314,937 |
| Payroll taxes | $286,599 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,894 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,800 |
| Advertising and promotion | $130,462 |
| Office expenses | $0 |
| Information technology | $48,662 |
| Royalties | $0 |
| Occupancy | $171,896 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,941 |
| Interest | $147,667 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $731,552 |
| Insurance | $50,216 |
| All other expenses | $301,716 |
| Total functional expenses | $6,978,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,157,941 |
| Savings and temporary cash investments | $106,102 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,848 |
| 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 | $161,853 |
| Net Land, buildings, and equipment | $9,183,849 |
| Investments—publicly traded securities | $111,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,744 |
| Total assets | $12,753,822 |
| Accounts payable and accrued expenses | $38,074 |
| Grants payable | $0 |
| Deferred revenue | $3,221,014 |
| 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 | $2,264,319 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,523,407 |
| Net assets without donor restrictions | $7,101,623 |
| Net assets with donor restrictions | $128,792 |
| 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 | $12,753,822 |