Alee Academy Inc

Organization Overview

Alee Academy Inc is located in Eustis, FL. The organization was established in 1999. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Alee 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, Alee Academy Inc generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CHARTER SCHOOL - TO TEACH YOUTH WHO ARE AT RISK OF DROPPING OUT OF CONVENTIONAL SCHOOLS OR WHO HAVE ALREADY DROPPED OUT OF SCHOOL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVED APPROXIMATELY 200 STUDENTS LAST FISCAL YEAR. GRADUATION RATE WAS 25%. ALL OF THE STUDENTS AT THIS CHARTER SCHOOL ARE CONSIDERED AT RISK STUDENTS WHO WOULD HAVE DROPPED OUT OF SCHOOL HAD THEY NOT ATTENDED THIS CHARTER SCHOOL PROGRAM.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $174,353
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$174,353
Total Program Service Revenue$1,409,014
Investment income $21
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 $1,583,388

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