Eagle Academy Public Charter School Inc
- Assets
- $28.6m
- Revenue
- $23.9m
- Investments
- $0.0
- Employees
- 234
- Location
- Washington, DC
- Founding
- 10/2003
- Data as of
- 06/2022
- EIN
- 76-0718215
Organization Overview
Eagle Academy Public Charter School Inc is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Eagle Academy Public Charter School Inc employed 234 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eagle Academy Public Charter School 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, Eagle Academy Public Charter School Inc generated $23.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $22.8m 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
TO BUILD THE FOUNDATION FOR A PROMISING FUTURE FOR ALL STUDENTS IN A RICH, ROBUST, LEARNING ENVIRONMENT THAT FOSTERS CREATIVITY, PROBLEM-SOLVING ABILITIES, EMPHASIZING COGNITIVE, SOCIAL AND EMOTIONAL GROWTH BY ENGAGING CHILDREN AS ACTIVE LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES EDUCATIONAL OPPORTUNITIES TO POOR AND DISADVANTAGED CHILDREN FROM PRESCHOOL TO THIRD GRADE IN POVERTY IMPACTED HOUSEHOLDS AND ECONOMICALLY DISTRESSED COMMUNITIES IN THE DISTRICT OF COLUMBIA. THE SCHOOL SEEKS TO DEVELOP A SOLID ACADEMIC FOUNDATION FOR EACH STUDENT THROUGH AN INFUSION OF LEARNING TECHNOLOGY THAT ALL STUDENTS AND TEACHERS USE IN THE CLASSROOM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Smith Joe CEO | Officer | 40 | $313,949 |
Martinez Fernandez Mayra Director Of Development | Officer | 40 | $178,817 |
Jones Trenice Jett Director Of Sped | Officer | 40 | $152,102 |
Lyttle Royston Maxwell Principal | 40 | $149,080 | |
Alston Karen Director Of Marketing | 40 | $144,680 | |
Aaron Lentner Board Chair | OfficerTrustee | 60 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
James G Davis Construction Corporation Contracted Building Services | 6/29/22 | $663,498 |
Educational Solutions Llc Contracted Building Services | 6/29/22 | $405,381 |
Crystal Star Associates Llc Accounting Services | 6/29/22 | $372,792 |
Kapitol Kleaning Experts Llc Cleaning Services | 6/29/22 | $276,423 |
Whiting-turner Contracted Building Services | 6/29/22 | $232,891 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,924,328 |
| All other contributions, gifts, grants, and similar amounts not included above | $362,858 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,287,186 |
| Total Program Service Revenue | $16,805,135 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $550,150 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,898,516 |
| 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. | $961,689 |
| Compensation of current officers, directors, key employees. | $265,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,083,960 |
| Pension plan accruals and contributions | $67,528 |
| Other employee benefits | $1,224,601 |
| Payroll taxes | $1,090,128 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $209,670 |
| Fees for services: Accounting | $437,859 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $798,197 |
| Advertising and promotion | $238,531 |
| Office expenses | $345,770 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,250,011 |
| Travel | $74,583 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $848,263 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,220,184 |
| Insurance | $244,392 |
| All other expenses | $286,633 |
| Total functional expenses | $22,789,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,456,633 |
| Savings and temporary cash investments | $618 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,370,983 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $50,884 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $93,991 |
| Net Land, buildings, and equipment | $20,594,240 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,833 |
| Total assets | $28,626,182 |
| Accounts payable and accrued expenses | $1,897,019 |
| 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 | $15,255,627 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,152,646 |
| Net assets without donor restrictions | $11,473,536 |
| 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 | $28,626,182 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eagle Academy Public Charter School Inc has recieved totaling $12,152.
| Awarding Organization | Amount |
|---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: general support | $12,152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Bullis School Inc Potomac, MD | $98,208,716 | $48,486,298 |
Charles E Smith Jewish Day School Of Greater Washington Inc Rockville, MD | $72,940,113 | $37,835,110 |
Landon School Corporation Bethesda, MD | $80,382,622 | $54,334,304 |
Friends School Of Baltimore Inc Baltimore, MD | $92,747,497 | $38,147,236 |
Maret School Inc Washington, DC | $97,996,233 | $40,685,591 |
Bryn Mawr School For Girls Of Baltimore City Baltimore, MD | $100,381,068 | $39,864,147 |
St Annes-Belfield Inc Charlottesville, VA | $122,363,605 | $34,335,007 |
Norfolk Academy Norfolk, VA | $147,079,429 | $29,484,040 |
Park School Of Baltimore Inc Baltimore, MD | $78,513,590 | $32,114,129 |
Roland Park Country School Inc Baltimore, MD | $116,841,360 | $25,214,308 |