Arete Enrichment Academy Inc
- Assets
- $48.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fayetteville, GA
- Founding
- Data as of
- 06/2023
- EIN
- 86-3810201
Organization Overview
Arete Enrichment Academy Inc is located in Fayetteville, GA. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary 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. Arete Enrichment Academy 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
2023
Describe the Organization's Program Activity:
Part 3
ARETE ENRICHMENT CONDUCTED 24 WEEKS OF ONE AND TWO DAY PER WEEK ENRICHMENT CLASSES FOR HOMESCHOOL STUDENTS. ARETE ENROLLED APPROXIMATELY 130 STUDENTS. CLASSES WERE IN FIVE CATEGORIES: 1. LANGUAGE, COMMUNICATIONS AND LIBERAL ARTS, 2. SCIENCES AND TECHNOLOGY, 3. MATH AND BUSINESS, 4. FINE ARTS, AND 5. PHYSICAL EDUCATION. WE PROVIDED FINANCIAL ASSISTANCE TO THE THREE FAMILIES THAT APPLIED FOR AID. WE PROVIDED FAMILIES WITH FIELD TRIP OPPORTUNITIES AND SOCIAL EVENTS OUTSIDE OF NORMAL SCHOOL HOURS. ARETE ALSO CONDUCTED A FAMILY NIGHT EACH SEMESTER ALLOWING STUDENTS TO DEMONSTRATE TO PARENTS THEIR PROGRESS IN VARIOUS SUBJECTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christy Chambers Executive Director | 8 | $12,000 | |
Kelly Van Veldhuizen Director Of Operations | 6 | $6,000 | |
Melissa Hasel Director Of Marketing And Enrollment | 10 | $6,000 | |
John White III President Of The Board Of Directors | 1 | $0 | |
Janay Honeycutt Member Of The Board Of Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,851 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,280 |
| Total Revenue | $79,131 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,748 |
| Professional fees and other payments to independent contractors | $8,101 |
| Occupancy, rent, utilities, and maintenance | $10 |
| Printing, publications, postage, and shipping | $2,858 |
| Other expenses | $21,640 |
| Total expenses | $105,084 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,177 |
| Other assets | $0 |
| Total assets | $48,177 |
| Total liabilities | $13,249 |
| Net assets or fund balances | $34,928 |