Doral Academy Of Northern Nevada is located in Las Vegas, NV. The organization was established in 2017. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Doral Academy Of Northern Nevada employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Doral Academy Of Northern Nevada 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 06/2021, Doral Academy Of Northern Nevada generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.2% each year . All expenses for the organization totaled $8.6m during the year ending 06/2021. While expenses have increased by 43.2% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTIVE SCHOOL ACCOUNT - GENERAL, NON-GRANT, INSTRUCTIONAL INCOME AND EXPENSES AS DETERMINED BY STUDENT POPULATION AND CAMPUS.
SPECIAL EDUACTION FUNDING - EXPENSES ASSOCIATED WITH SPECIAL EDUCATION, IN ADDITION TO THE GENERALIZED EXPENSES COVED BY THE OPERATING ACCOUNT.
STUDENT GENERATED FUNDS - ACTIVITIES INCLUDE AFTERCARE, CLUBS, CAMPUS VENDING MACHINES, CONCESSION OPERATED BY STUDENT AND FACILITY VALUNTEERT, AND OTHER ORGANIZED SCHOOL ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Indra Winquest Board Chair | OfficerTrustee | 2 | $0 |
Adam Kramer Board Vice Chair | OfficerTrustee | 2 | $0 |
Steven Porter Board Vice Chair (9/22/2020) | OfficerTrustee | 2 | $0 |
Danielle Cherry Board Secretary | Trustee | 2 | $0 |
Leslie Hermann Board Member | Trustee | 2 | $0 |
Jen Johanson Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $7,519,034 |
All other contributions, gifts, grants, and similar amounts not included above | $35,393 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,554,427 |
Total Program Service Revenue | $357,856 |
Investment income | $189 |
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 | $7,912,472 |
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 | $2,767,099 |
Pension plan accruals and contributions | $1,355,202 |
Other employee benefits | $424,774 |
Payroll taxes | $49,784 |
Fees for services: Management | $461,528 |
Fees for services: Legal | $12,348 |
Fees for services: Accounting | $40,120 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $296,021 |
Advertising and promotion | $1,338 |
Office expenses | $296,586 |
Information technology | $229,150 |
Royalties | $0 |
Occupancy | $303,858 |
Travel | $2,258 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,388 |
Interest | $1,293,975 |
Payments to affiliates | $33,826 |
Depreciation, depletion, and amortization | $686,895 |
Insurance | $52,667 |
All other expenses | $94,281 |
Total functional expenses | $8,647,433 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,950,580 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $208,418 |
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 | $4,482 |
Net Land, buildings, and equipment | $19,091,531 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,961,523 |
Total assets | $28,216,534 |
Accounts payable and accrued expenses | $1,044,681 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $21,150,000 |
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 | $3,899,094 |
Other liabilities | $4,860,487 |
Total liabilities | $30,954,262 |
Net assets without donor restrictions | -$3,475,272 |
Net assets with donor restrictions | $737,544 |
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 | $28,216,534 |
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