Academy Of Excellence Inc
- Assets
- $1.6m
- Revenue
- $811.2k
- Investments
- $0.0
- Employees
- 25
- Location
- Phoenix, AZ
- Founding
- 02/1998
- Data as of
- 06/2018
- EIN
- 86-0867607
Organization Overview
Academy Of Excellence Inc is located in Phoenix, AZ. The organization was established in 1998. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2018, Academy Of Excellence Inc employed 25 individuals. 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.
For the year ending 06/2018, Academy Of Excellence Inc generated $811.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $799.8k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 4 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION FOR CHILDREN IN KG THROUGH 8TH GRADE
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES A CHARTER SCHOOL IN THE STATE OF ARIZONA. EDUCATION PROVIDED FOR KG THROUGH 8TH GRADES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Nelson President | Officer | 40 | $66,000 |
James Nelson Officer | Officer | 1 | $0 |
Wayne Hemphill Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $811,188 |
| Investment income | $3 |
| 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 | $811,191 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $799,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,430 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,336 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,555,753 |
| Accounts payable and accrued expenses | $11,564 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $678,347 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $689,911 |
| Net assets without donor restrictions | $865,842 |
| 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 |
| Total liabilities and net assets/fund balances | $865,842 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Academy Of Excellence Inc has recieved totaling $9,769.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $9,345 |
Musical Instrument Museum Phoenix, AZ PURPOSE: MUSEUM ADMISSION | $424 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Partnership For Child Development Colorado Springs, CO | $11,980,221 | $22,909,576 |
Lotus School For Excellence Inc Aurora, CO | $7,284,947 | $15,341,421 |
Alliance For College-Ready Public Schools Los Angeles, CA | $0 | $10,738,936 |
Carnegie Foundation For Advancement Teaching W Coast Office Education Stanford, CA | $131,360,777 | $20,151,205 |
Human-I-T Bell, CA | $11,089,080 | $12,233,470 |
Association Of California School Administrators Burlingame, CA | $34,914,823 | $16,453,112 |
Illustrative Mathematics Oro Valley, AZ | $5,801,016 | $11,729,780 |
California Apt Association Sacramento, CA | $10,618,601 | $9,881,237 |
Institute For Multicultural Counseling And Education Services Los Angeles, CA | $5,975,934 | $7,424,525 |
Arizona Education Association Phoenix, AZ | $8,129,999 | $7,870,679 |
Los Angeles Education Partnership Los Angeles, CA | $2,987,241 | $7,123,624 |
The Primary School Lab East Palo Alto, CA | $1,109,557 | $3,998,000 |