Academy Of Seminole Inc is located in Seminole, OK. The organization was established in 2017. 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, Academy Of Seminole Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Seminole 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, Academy Of Seminole Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 57.1% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 59.4% per year over the past 5 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 IN A RURAL COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CHARTER SCHOOL IN A RURAL OKLAHOMA COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wren Hawthorne Head Of School | Officer | 40 | $127,200 |
Marly King Secretary | OfficerTrustee | 2 | $0 |
Paul Campbell Chairman | OfficerTrustee | 2 | $0 |
Dillon Robinson Member | Trustee | 2 | $0 |
Stephanie Taylor Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,633,922 |
All other contributions, gifts, grants, and similar amounts not included above | $4,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,637,922 |
Total Program Service Revenue | $103,779 |
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 | $3,261,734 |
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 | $1,370,213 |
Pension plan accruals and contributions | $188,107 |
Other employee benefits | $224,767 |
Payroll taxes | $100,950 |
Fees for services: Management | $6,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $51,097 |
Advertising and promotion | $562 |
Office expenses | $27,777 |
Information technology | $10,087 |
Royalties | $0 |
Occupancy | $174,151 |
Travel | $258 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $950 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $23,026 |
All other expenses | $110,679 |
Total functional expenses | $2,598,120 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $934,685 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
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 | $934,685 |
Accounts payable and accrued expenses | $149,581 |
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 | $47,943 |
Total liabilities | $197,524 |
Net assets without donor restrictions | $737,161 |
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 | $934,685 |
Over the last fiscal year, we have identified 2 grants that Academy Of Seminole Inc has recieved totaling $5,218.
Awarding Organization | Amount |
---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $5,001 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $217 |
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Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
Alcuin School Dallas, TX | $59,182,125 | $20,381,763 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Oakridge School Inc Arlington, TX | $19,389,993 | $20,174,539 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Education Service Center Region Ii Of Texas Corpus Christi, TX | $24,486,082 | $17,593,515 |
Association Of Christian Schools International Colorado Springs, CO | $18,742,731 | $17,834,465 |
The Woodlands Christian Academy The Woodlands, TX | $44,326,696 | $20,493,923 |
Odyssey 2020 Academy Inc Galveston, TX | $23,994,459 | $17,751,222 |
El Paso Education Initiative Inc El Paso, TX | $37,947,839 | $17,386,289 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Energized For Excellence Academy Houston, TX | $1,351,482 | $18,898,659 |