Drake Academy Of Excellence Inc
- Assets
- $8.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Billerica, MA
- Founding
- Data as of
- 12/2022
- EIN
- 85-0689442
Organization Overview
Drake Academy Of Excellence Inc is located in Billerica, MA. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary 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. Drake Academy Of Excellence Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OURPRIMARYGOALISTOOPENASCHOOLIN2024.WEARECURRENTLYRAISINGTHEFUNDSTOACCOMPLISHTHIS,AREMEETINGWITHCOMMUNITYLEADERSANDRAISINGAWARENESSABOUTOURCAUSE,ANDINSPIRINGHOPEWITHINOURCOMMUNITY.VIRTUALLYALLOURINCURREDEXPENSESWENTTOWARDSAWARENESSEFFORTSFORTHESCHOOL,WHICHWILLHAVEANIMMEDIATEIMPACTONCHILDREN'SLIVESWHENOPENEDIN2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Esther Concepcion Executive Director | 40 | $0 | |
Ethan Brown Treasurer | 4 | $0 | |
Kimberly Farmer Board Member | 4 | $0 | |
Brittany Young Executive Assistant | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,508 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$546 |
| Other Revenue | $0 |
| Total Revenue | $14,962 |
| 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 | $6,969 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,876 |
| Other expenses | $0 |
| Total expenses | $8,845 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,833 |
| Other assets | $0 |
| Total assets | $8,833 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,833 |
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