Democracy Prep Agassi Campus
- Assets
- $8.8m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 83
- Location
- Las Vegas, NV
- Founding
- 04/2018
- Data as of
- 06/2022
- EIN
- 82-1301171
Organization Overview
Democracy Prep Agassi Campus is located in Las Vegas, NV. The organization was established in 2018. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Democracy Prep Agassi Campus employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Democracy Prep Agassi Campus 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, Democracy Prep Agassi Campus generated $12.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $13.7m during the year ending 06/2022. While expenses have increased by 2.9% 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
TO EDUCATE RESPONSIBLE CITIZEN-SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUSING A RIGOROUS INSTRUCTIONAL PROGRAM WITH A FULL COMPLEMENT OF ARTS AND ATHLETICS OFFERINGS, DPAC AIMS TO BE THE HIGHEST PERFORMING PUBLIC SCHOOL CHOICE FOR FAMILIES IN LAS VEGAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Joseph Morgan Chairman | OfficerTrustee | 1 | $0 |
Sharonna Shelton Vice Chair | OfficerTrustee | 1 | $0 |
Victoria Carreon Treasurer | OfficerTrustee | 1 | $0 |
Linda Jones Easton Member | Trustee | 1 | $0 |
Arturo Linan Martinez Member | Trustee | 1 | $0 |
Courtney Moore Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Futures Education Llc Psychologist Services | 6/29/22 | $157,353 |
Procare Therapy Special Education Services | 6/29/22 | $279,285 |
Greenberg Traurig Llp Legal Services | 6/29/22 | $116,403 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,028,563 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,925,360 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,953,923 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,258 |
| 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 | $11,971,113 |
| 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. | $142,652 |
| Compensation of current officers, directors, key employees. | $25,677 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,776,553 |
| Pension plan accruals and contributions | $1,914,520 |
| Other employee benefits | $452,669 |
| Payroll taxes | $151,220 |
| Fees for services: Management | $1,309,103 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,121 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $771,303 |
| Advertising and promotion | $0 |
| Office expenses | $29,855 |
| Information technology | $100,051 |
| Royalties | $0 |
| Occupancy | $954,917 |
| Travel | $28,738 |
| 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 | $211,358 |
| Insurance | $167,171 |
| All other expenses | $0 |
| Total functional expenses | $13,685,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $424,942 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $730,435 |
| 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 | $40,881 |
| Net Land, buildings, and equipment | $323,514 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,268,527 |
| Total assets | $8,788,299 |
| Accounts payable and accrued expenses | $1,610,462 |
| 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 | $3,412,206 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,148,834 |
| Total liabilities | $8,171,502 |
| Net assets without donor restrictions | $463,123 |
| Net assets with donor restrictions | $153,674 |
| 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 | $8,788,299 |