Emblaze Academy Charter School
- Assets
- $3.6m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 70
- Location
- Bronx, NY
- Founding
- 07/2018
- Data as of
- 06/2022
- EIN
- 82-1845353
Organization Overview
Emblaze Academy Charter School is located in Bronx, NY. 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, Emblaze Academy Charter School employed 70 individuals. This organization is the central organization for a national or regional group of organizations. Emblaze Academy Charter School 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, Emblaze Academy Charter School generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.2% each year . All expenses for the organization totaled $7.2m during the year ending 06/2022. 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
THROUGH RIGOROUS CURRICULUM AND HIGH QUALITY INSTRUCTION, PROVIDED WITHIN AN INVESTED AND AMBITIOUS SCHOOL COMMUNITY, EMBLAZE ACADEMY CHARTER SCHOOL PREPARES ALL STUDENTS IN GRADES FIVE THROUGH EIGHT TO THRIVE IN HIGH SCHOOL AND GRADUATE FROM THE COLLEGE OF THEIR CHOICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENROLLED AND EDUCATED OVER 272 5TH THROUGH 8TH GRADE STUDENTS FOR THE 2021-2022 SCHOOL YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erienne E Rojas Dir. Operations | Officer | 40 | $126,335 |
Shakina Hinton Head Of School | Officer | 40 | $92,457 |
Francesca Lujan Head Of School | Officer | 40 | $65,145 |
Geraldo Vasquez Board Chair | OfficerTrustee | 5 | $0 |
Tameka Beckford-Young Secretary | OfficerTrustee | 4 | $0 |
Janneth Gaona Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,535,372 |
| 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 | $7,535,372 |
| 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 | $7,535,458 |
| 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. | $267,637 |
| Compensation of current officers, directors, key employees. | $261,559 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,045,896 |
| Pension plan accruals and contributions | $14,979 |
| Other employee benefits | $319,019 |
| Payroll taxes | $295,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,627 |
| 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 | $394,638 |
| Advertising and promotion | $0 |
| Office expenses | $156,190 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,082,473 |
| 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 | $130,765 |
| Insurance | $88,737 |
| All other expenses | $18,990 |
| Total functional expenses | $7,197,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,252,451 |
| Savings and temporary cash investments | $680,707 |
| Pledges and grants receivable | $205,846 |
| 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 | $3,491 |
| Net Land, buildings, and equipment | $343,145 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150,000 |
| Total assets | $3,635,640 |
| Accounts payable and accrued expenses | $461,803 |
| Grants payable | $253,307 |
| 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 | $1,883,542 |
| Total liabilities | $2,598,652 |
| Net assets without donor restrictions | $1,036,988 |
| 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 | $3,635,640 |