Gary K Herberger Young Scholars Academy

Organization Overview

Gary K Herberger Young Scholars Academy is located in Glendale, AZ. According to its NTEE Classification (B25) the organization is classified as: Secondary & High 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. Gary K Herberger Young Scholars 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 06/2022, Gary K Herberger Young Scholars Academy generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 14.1% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE GARY K. HERBERGER YOUNG SCHOLARS ACADEMY IS TO PROVIDE PROFOUNDLY GIFTED YOUNG PEOPLE ADVANCED EDUCATIONAL OPPORTUNITIES COMMENSURATE WITH THEIR ABILITIES, STRENGTHS AND INTERESTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GARY K. HERBERGER YOUNG SCHOLARS' ACADEMY IS A LEARNING ENVIRONMENT DESIGNED FOR HIGHLY GIFTED STUDENTS IN GRADES 7-12 LOCATED ON THE ARIZONA STATE UNIVERSITY WEST CAMPUS. FUNDED IN PART BY AN ENDOWMENT FROM THE HERBERGER FAMILY AND SUPPORTED BY ASU, THE GARY K. HERBERGER YOUNG SCHOLARS' ACADEMY WAS FOUNDED TO ADDRESS THE NEEDS OF ACADEMICALLY AND INTELLECTUALLY GIFTED STUDENTS IN THE PHOENIX AREA. THE ACADEMY SERVED 110 STUDENTS DURING FY2022.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$1,511,629
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 $1,511,629

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