Geo Next Generation High School Inc
- Assets
- $722.1k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 37
- Location
- Baton Rouge, LA
- Founding
- 10/2019
- Data as of
- 06/2021
- EIN
- 83-4088564
Organization Overview
Geo Next Generation High School Inc is located in Baton Rouge, LA. The organization was established in 2019. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Geo Next Generation High School Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geo Next Generation High School 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 06/2021, Geo Next Generation High School Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $3.2m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BEATING POVERTY THROUGH QUALITY EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH, EQUIP AND MAINTAIN A CHARTER SCHOOL FOR 9TH GRADE (201 STUDENTS).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Johnson President | OfficerTrustee | 1 | $0 |
Kevin Teasley Superintendent | Officer | 10 | $0 |
Dana Teasley Business Manager | Officer | 10 | $0 |
Lt Robert Mcgarner Board Member | Trustee | 1 | $0 |
Dr Tamiara Wade Board Member | Trustee | 1 | $0 |
Debra Dixon Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Geo Foundation Administration | 6/29/21 | $282,053 |
Frost-barber Of Louisiana Llc Classroom And Building | 6/29/21 | $150,723 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,811,854 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,866,494 |
| Total Program Service Revenue | $316 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $600 |
| 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 | $2,867,410 |
| 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. | $34,364 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,051,938 |
| Pension plan accruals and contributions | $7,931 |
| Other employee benefits | $164,034 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,688 |
| Fees for services: Accounting | $22,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,403,560 |
| Advertising and promotion | $40,594 |
| Office expenses | $186,169 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $158,483 |
| 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 | $77,946 |
| Insurance | $26,856 |
| All other expenses | $642 |
| Total functional expenses | $3,177,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,541 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $97,428 |
| Accounts receivable, net | $5,925 |
| 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 | $29,962 |
| Net Land, buildings, and equipment | $295,221 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $722,077 |
| Accounts payable and accrued expenses | $159,470 |
| Grants payable | $0 |
| Deferred revenue | $377,806 |
| 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 | $342,025 |
| Total liabilities | $879,301 |
| Net assets without donor restrictions | -$157,224 |
| 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 | $722,077 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Geo Next Generation High School Inc has recieved totaling $7,586.
| Awarding Organization | Amount |
|---|---|
Good Sports Inc Braintree, MA PURPOSE: INCREASE ACCESSIBILITY OF YOUTH SPORTS PROGRAMS TO DISADVANTAGED YOUTH | $7,586 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thaden School Bentonville, AR | $79,028,915 | $15,891,102 |
Academics Plus Charter Schools Inc Maumelle, AR | $7,409,476 | $15,799,644 |
Marine Military Academy Inc Harlingen, TX | $47,303,872 | $14,319,783 |
South Texas Educational Technologies Inc Weslaco, TX | $17,267,724 | $15,758,985 |
Akibayavneh Academy Dallas, TX | $13,685,007 | $15,057,848 |
Student Alternatives Program Incorporated San Antonio, TX | $19,593,024 | $15,118,019 |
Braination Inc San Antonio, TX | $31,349,196 | $17,109,722 |
The Academy Fayetteville, AR | $10,084,024 | $11,745,768 |
Winfree Academy Charter School Carrollton, TX | $12,943,663 | $11,352,122 |
Tcs Education - Texas Inc Richardson, TX | $4,390,066 | $6,478,064 |
Concordia Lutheran High School Of North Harris County Tomball, TX | $17,835,932 | $9,590,000 |
New Orleans College Preparatoryacademies New Orleans, LA | $5,400,382 | $9,072,309 |