Brothers Academy Incorporated
- Assets
- $22.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Derwood, MD
- Founding
- 04/2019
- Data as of
- 12/2020
- EIN
- 83-3699934
Organization Overview
Brothers Academy Incorporated is located in Derwood, MD. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brothers Academy Incorporated 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 12/2020, Brothers Academy Incorporated generated $93.7k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $100.9k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
SEE SCHEDULE O
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morris Hudson CEO Director | 20 | $20,000 | |
Nahom Tekle Executive Director | 10 | $15,500 | |
Adrian Talley President Director | 10 | $0 | |
Ignacio Rodriquez Secretary Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,673 |
| 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 | $93,673 |
| 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 | $61,092 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,778 |
| Total expenses | $100,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,598 |
| Other assets | $0 |
| Total assets | $22,598 |
| Total liabilities | $2,051 |
| Net assets or fund balances | $20,547 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Brothers Academy Incorporated has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
The Martyn Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $55,000 |
The Martyn Foundation Wilmington, DE PURPOSE: DIRECTED TO PROGRAMS DIRECTED BY MR. MORRIS HUDSON | $25,000 |
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|---|---|---|
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Catholic Charities Of The Archdiocese Of Washington Inc Washington, DC | $69,271,644 | $52,757,033 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |
City First Enterprises Inc Washington, DC | $50,642,589 | $41,161,285 |
United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |
American Action Network Inc Washington, DC | $3,726,560 | $29,638,224 |
St Josephs Center Scranton, PA | $79,717,381 | $36,701,905 |