Acclaim Charter School Inc
- Assets
- $6.0m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 53
- Location
- Phoenix, AZ
- Founding
- 07/2000
- Data as of
- 06/2021
- EIN
- 86-0868336
Organization Overview
Acclaim Charter School Inc is located in Phoenix, AZ. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Acclaim Charter School Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acclaim Charter 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, Acclaim Charter School Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.3m during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL : WE ARE A TEAM COMMITTED TO EXCELLENCE. IN A SAFE LEARNING COMMUNITY RICH IN THE ARTS,SCIENCES, AND LANGUAGES, WE ARE DEDICATED TO DEVELOPING
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE A TEAM COMMITTED TO EXCELLENCE. IN A SAFE LEARNING COMMUNITY RICH IN THE ARTS, SCIENCES, AND LANGUAGES, WE ARE DEDICATED TO DEVELOPING NOBILITY OF CHARACTER, CULTIVATING ACADEMIC SUCCESS, AND HONORING DIVERSITY, AND PROMOTING PHYSICAL AND ENVIRONMENTAL RESPONSIBILITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Powers President/ceo | OfficerTrustee | 40 | $118,201 |
Paul Asselin Director | OfficerTrustee | 40 | $67,821 |
Olayinka Teibo Director | OfficerTrustee | 40 | $27,985 |
Julia Yellen Director | OfficerTrustee | 40 | $27,716 |
Brianna Enriquez Director | OfficerTrustee | 40 | $21,579 |
Jose Martinez Director | OfficerTrustee | 40 | $20,020 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $229 |
| Related organizations | $0 |
| Government grants | $3,612,523 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,621,466 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $52 |
| Royalties | $0 |
| Net Rental Income | $6,689 |
| 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 | $3,628,207 |
| 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. | $285,000 |
| Compensation of current officers, directors, key employees. | $85,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,123,014 |
| Pension plan accruals and contributions | $148,364 |
| Other employee benefits | $43,623 |
| Payroll taxes | $108,505 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,147 |
| Fees for services: Accounting | $112,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $276,686 |
| Advertising and promotion | $3,480 |
| Office expenses | $197,991 |
| Information technology | $157,928 |
| Royalties | $0 |
| Occupancy | $158,821 |
| Travel | $19,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $375,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $240,064 |
| Insurance | $22,136 |
| All other expenses | $0 |
| Total functional expenses | $3,302,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $754,662 |
| Savings and temporary cash investments | $431,833 |
| Pledges and grants receivable | $131,400 |
| Accounts receivable, net | $0 |
| 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 | $31,317 |
| Net Land, buildings, and equipment | $4,631,142 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,980,354 |
| Accounts payable and accrued expenses | $64,782 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $5,004,410 |
| 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 | $132,048 |
| Total liabilities | $5,201,240 |
| Net assets without donor restrictions | $768,609 |
| Net assets with donor restrictions | $10,505 |
| 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 | $5,980,354 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Acclaim Charter School Inc has recieved totaling $54.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Synergy Academies Los Angeles, CA | $22,403,920 | $21,618,793 |
San Diego Jewish Academy San Diego, CA | $60,657,178 | $18,702,706 |
Curtis School Foundation Los Angeles, CA | $75,927,733 | $19,348,920 |
Excel Academy Charter Schools San Marcos, CA | $11,403,735 | $18,058,297 |
Le Lycee Francais De Los Angeles Los Angeles, CA | $97,517,378 | $23,043,510 |
Willows Community School Culver City, CA | $69,044,375 | $19,353,304 |
Association Of Christian Schools International Colorado Springs, CO | $18,742,731 | $17,834,465 |
Hawking Steam Charter Schools Inc Chula Vista, CA | $87,803,315 | $18,115,527 |
Stem Preparatory Schools Inc Los Angeles, CA | $15,250,781 | $22,306,511 |
San Jacinto Valley Academy Inc San Jacinto, CA | $34,100,540 | $18,923,540 |
Educational Enrichment Systems Inc San Diego, CA | $11,058,337 | $15,963,702 |
Drew School San Francisco, CA | $38,712,933 | $16,113,133 |