Akola Academy Inc
- Assets
- $6.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Dallas, TX
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 83-3453921
Organization Overview
Akola Academy Inc is located in Dallas, TX. The organization was established in 2020. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Akola Academy Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Akola Academy 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 12/2023, Akola Academy Inc generated $91.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $120.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AKOLA ACADEMY PROVIDES PROGRAMS AND SERVICES FOR UNDER PRIVILEGED WOMEN OFFERING THEM HUMANITARIAN AID AND TEACHING THEM BASIC LIFE AND WORK SKILLS TO BE ABLE TO TAKE CARE OF THEIR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittany Underwood President | 5 | $0 | |
Hannah Gibson Director | 1 | $0 | |
Mallori Morris Director | 1 | $0 | |
Lindsay Gormly Director | 1 | $0 | |
Ashley Brigham Director | 1 | $0 | |
Whitney Cole Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,013 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,013 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $120,172 |
| Total expenses | $120,172 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,673 |
| Other assets | $0 |
| Total assets | $6,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,673 |