Academy Of Careers & Technologies Inc
- Assets
- $2.5m
- Revenue
- $301.8k
- Investments
- $0.0
- Employees
- 3
- Location
- San Antonio, TX
- Founding
- 01/2002
- Data as of
- 08/2022
- EIN
- 74-3016035
Organization Overview
Academy Of Careers & Technologies Inc is located in San Antonio, TX. The organization was established in 2002. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 08/2022, Academy Of Careers & Technologies Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Careers & Technologies 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 08/2022, Academy Of Careers & Technologies Inc generated $301.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $245.4k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (27.5%) per year over the past 7 years. 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
TO EDUCATE STUDENTS WHILE IGNITING A LIFELONG INTEREST IN TECHNOLOGY, ACT WILL PROVIDE SAFE NON-TRADITIONAL HOUSING FOR HOMELESS VETERANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE FOCUS ON POSITIVE GROWTH AND LEARNING BY PROVIDING A SETTING THAT INCLUDES AGE-APPROPRIATE ACTIVITIES THAT PROMOTE EMOTIONAL, SOCIAL, SPIRITUAL, PHYSICAL AND INTELLECTUAL DEVELOPMENT
WE FOCUS ON POSITIVE GROWTH AND LEARNING BY PROVIDING A SETTING THAT INCLUDES AGE-APPROPRIATE ACTIVITIES THAT PROMOTE EMOTIONALLY, SOCIAL, SPIRITUAL, PHYSICAL AND INTELLECTUAL DEVELOPMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Tonja D Nelson Member | OfficerTrustee | 20 | $0 |
Rose Bean Board President | Officer | 1 | $0 |
Eddie Hill Member | Officer | 1 | $0 |
Angelique Crawford Secretary | Officer | 5 | $0 |
Ricardo Burnett Treasurer | Trustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $301,772 |
| 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 | $66,499 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,200 |
| Payroll taxes | $6,832 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $500 |
| Office expenses | $2,687 |
| Information technology | $1,200 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $91,158 |
| Insurance | $8,276 |
| All other expenses | $5,364 |
| Total functional expenses | $245,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $408,564 |
| Savings and temporary cash investments | $43,580 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,288 |
| 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 | $2,724 |
| Net Land, buildings, and equipment | $2,028,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,530,483 |
| Accounts payable and accrued expenses | $435 |
| 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 | $755,987 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $756,422 |
| Net assets without donor restrictions | $1,774,061 |
| Net assets with donor restrictions | $0 |
| 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 | $2,530,483 |
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|---|---|---|
Kipp New Orleans Inc New Orleans, LA | $40,708,301 | $82,308,367 |
Jubilee Academic Center Inc San Antonio, TX | $137,938,000 | $77,234,033 |
Collegiate Academies New Orleans, LA | $15,386,568 | $45,139,366 |
Renew-Reinventing Education New Orleans, LA | $11,254,190 | $34,978,044 |
Foundation For Louisiana Students Baton Rouge, LA | $21,702,876 | $38,265,312 |
East Texas Advanced Academies Longview, TX | $2,379,457 | $32,700,344 |
Basis Texas Charter Schools Inc San Antonio, TX | $92,451,409 | $31,933,223 |
Dove Schools Oklahoma City, OK | $6,243,861 | $28,048,630 |
Discovery Health Sciences Foundation Inc Kenner, LA | $11,194,982 | $30,168,997 |
Arkansas Virtual Academy Little Rock, AR | $3,075,159 | $27,721,037 |
Algiers Charter School Association Inc New Orleans, LA | $11,545,116 | $21,416,188 |
Dzilth-Na-O-Dith-Hle School Board Of Education Bloomfield, NM | $37,723,177 | $9,753,755 |