Advocates For Science And Mathematics Education Inc
- Assets
- $2.6m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 98
- Location
- New Orleans, LA
- Founding
- 11/1992
- Data as of
- 06/2022
- EIN
- 72-1210144
Organization Overview
Advocates For Science And Mathematics Education Inc is located in New Orleans, LA. The organization was established in 1992. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Advocates For Science And Mathematics Education Inc employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advocates For Science And Mathematics Education 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, Advocates For Science And Mathematics Education Inc generated $7.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 1.6% 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
OPERATION OF A CHARTER SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATES FOR SCIENCE AND MATHEMATICS EDUCATION, INC HAS BECOME A CHARTER SCHOOL THAT WORKS WITHIN THE STATE OF LOUISIANA SYSTEM AND THE NEW ORLEANS PUBLIC SCHOOL SYSTEM. THE SCHOOL PROVIDES A RIGOROUS HIGH SCHOOL CURRICULUM WITH AN EMPHASIS IN SCIENCE AND MATHEMATICS IN A SUPPORTING ENVIRONMENT OF LEARNING THAT PREPARES SUDENTS TO MAKE INFORMED CHOICES ABOUT POST-SECONDARY PURSUITS. 531 STUDENTS WERE SERVED DURING THIS FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie Wentz Tete Director | Trustee | 1 | $0 |
Cathy Glaser Director | Trustee | 1 | $0 |
Elizabeth Landry Director | Trustee | 1 | $0 |
James S Schniedersjrcpa Treasurer | OfficerTrustee | 5 | $0 |
Jeff Clayman Board Vice Chairman | OfficerTrustee | 5 | $0 |
Jennifer A Fallon Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ethan Michael Simon Llc Ema Transportati Transportation | 6/29/22 | $183,200 |
Trafera Llc It Services And Equipment | 6/29/22 | $168,537 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $474 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,217,398 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,440,705 |
| Total Program Service Revenue | $131,421 |
| Investment income | $371 |
| 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 | $7,602,024 |
| 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 | $3,905,124 |
| Pension plan accruals and contributions | $110,365 |
| Other employee benefits | $398,304 |
| Payroll taxes | $260,974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,601 |
| Fees for services: Accounting | $53,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,101,168 |
| Advertising and promotion | $13,155 |
| Office expenses | $1,082,514 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $397,909 |
| Travel | $8,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $42,395 |
| All other expenses | $24,843 |
| Total functional expenses | $7,410,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $741,888 |
| Savings and temporary cash investments | $26,524 |
| Pledges and grants receivable | $1,487,320 |
| Accounts receivable, net | $302,164 |
| 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 | $298 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,558,194 |
| Accounts payable and accrued expenses | $81,831 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $81,831 |
| Net assets without donor restrictions | $2,346,591 |
| Net assets with donor restrictions | $129,772 |
| 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 | $2,558,194 |