Ben Milam International Academy
- Assets
- $6.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 12/2019
- Data as of
- 06/2021
- EIN
- 84-2207081
Organization Overview
Ben Milam International Academy is located in Midland, TX. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ben Milam International Academy 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, Ben Milam International Academy generated $140.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $136.7k during the year ending 06/2021. While expenses have increased by 7.1% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BEN MILAM INTERNATIONAL ACADEMY IS A SCHOOL OF CHOICE THAT IS COMMITTED TO PRODUCING BILINGUAL, BILITERATE AND SOCIOCULTURAL COMPETENT SCHOLARS WHO WILL EXCEL IN A GLOBALIZED 21ST CENTURY ECONOMY.OUR INTERNATIONAL SCHOLARS WILL BE FULLY IMMERSED IN AN ENRICHED CURRICULUM TAUGHT IN SPANISH AND ENGLISH. THEY WILL BE EXPOSED TO A CULTURE AND MINDSET OF COLLEGE PREPAREDNESS THROUGH OUR PARTNERSHIP WITH NO EXCUSES UNIVERSITY. FRENCH IS TAKEN AS A FOREIGN LANGUAGE. THEY WILL HAVE STRONG RELATIONSHIPS WITH THEIR PEERS, AND TEACHERS AND A STRONG CONNECTION TO THEIR SCHOOL COMMUNITY. ALSO, THEY WILL ENGAGE IN CULTURAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iliana Bermea Executive Dir. | 40 | $111,634 | |
Marissa Salgado Director | 1 | $0 | |
Karmen Bryant Treasurer | 1 | $0 | |
Arturo Carrasco Director | 1 | $0 | |
Alison King Chairman | 1 | $0 | |
Megan Buck Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $402 |
| Total Revenue | $140,402 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $126,482 |
| Professional fees and other payments to independent contractors | $8,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,096 |
| Total expenses | $136,678 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,040 |
| Other assets | $0 |
| Total assets | $6,100 |
| Total liabilities | $1,316 |
| Net assets or fund balances | $4,784 |
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