Academy Charter School 2
- Assets
- $5.3m
- Revenue
- $490.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hempstead, NY
- Founding
- Data as of
- 06/2022
- EIN
- 87-3399013
Organization Overview
Academy Charter School 2 is located in Hempstead, NY. 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. Academy Charter School 2 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF TACS2 IS TO OFFER AN INTERDISCIPLINARY CURRICULUM IN A TECHNOLOGY-RICH ENVIRONMENT THAT CHALLENGES STUDENTS TO EXPLORE CONNECTIONS ACROSS SUBJECTS AND USE EXPERIENTIAL LEARNING TO BRIDGE THE GAPS BETWEEN THEORY AND PRACTICE. ENROLLMENT IS OPEN TO ALL POTENTIAL STUDENT CANDIDATES, WITH A PREFERENCE FOR THOSE RESIDING IN THE IMMEDIATE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULAR EDUCATIONACADEMIC PROGRAMS KINGDERGARTERN AND ELEMENTARY SCHOOL:THE ACADEMY CHARTER SCHOOL 2 WAS INCORPORATED IN NOVEMBER 2021 AND WILL HAVE A RICH, RIGOROUS CURRICULUM THAT PROVIDES STUDENTS WITH THE NECESSARY SKILLS AND LEARNING EXPERIENCES NEEDED FOR SUSTAINED ACADEMIC ACHIEVEMENT. THE CURRICULUM IS RESPONSIBLE TO THE NEW YORK STATE EDUCATION DEPARTMENTS GUIDELINES AND IS FULLY ALIGNED WITH THE NATIONAL COMMON CORE STATE STANDARDS FOR ENGLISH LANGUAGE ARTS AND LITERACY IN HISTORY/SOCIAL STUDIES, SCIENCE, AND TECHNICAL SUBJECTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Nicholas Stapleton Cao | Officer | 1 | $0 |
Bishop Barrington Goldson CEO | Officer | 1 | $0 |
Sandrea Oneil General Council | Officer | 1 | $0 |
Wayne Haughton Ed/cdo | Officer | 1 | $0 |
Alwayne Burke Group CFO | Officer | 1 | $0 |
Donovan Henry CFO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $190,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $490,333 |
| Total Program Service Revenue | $0 |
| 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 | $490,333 |
| 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. | $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 | $19,248 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,070 |
| Advertising and promotion | $12,461 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,231 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,855 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $250,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,892 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $190,333 |
| 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 |
| Net Land, buildings, and equipment | $5,078,844 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,279,069 |
| Accounts payable and accrued expenses | $12,000 |
| 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 | $1,865,288 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,161,937 |
| Total liabilities | $5,039,225 |
| Net assets without donor restrictions | $239,844 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,279,069 |