Academic Informer Inc
- Assets
- $808.7k
- Revenue
- $389.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Garland, TX
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 90-0495951
Organization Overview
Academic Informer Inc is located in Garland, TX. The organization was established in 2012. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Academic Informer 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 12/2022, Academic Informer Inc generated $389.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $192.6k during the year ending 12/2022. While expenses have increased by 17.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE ACADEMIC ADVISING FOR STUDENTS (PRIMARILY 7TH GRADE THROUGH COLLEGE). WE EVALUATE A STUDENT'S SITUATION TO FIGURE OUT WHAT THEY NEED IN ORDER TO GRADUATE SUCCESSFULLY AND MOVE ON TO THE POST-SCHOOL GOAL. THIS OFTEN INCLUDES FINDING A NEW LEARNING ENVIRONMENT AND GUIDING THEM TO VARIOUS SUPPORT SERVICES SUCH AS TUTORING AND THERAPY. FOR 12TH GRADE AND BEYOND, WE ASSIST INDIVIDUAL STUDENTS AND FAMILIES WITH COLLEGE PLANNING, SELECTION, ADMISSIONS, AND SCHOLARSHIPS. OUR TWO BIG FOCUSES ARE HELPING FAMILIES AVOID TAKING ON DEBT FOR COLLEGE, AND STOPPING STUDENTS FROM EXITING THEIR EDUCATIONAL PATHWAY PREMATURELY, ESPECIALLY AT THE HIGH SCHOOL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC ASSESSMENTS & STRATEGIES - THROUGH CAMPUS AND COMMUNITY GET TO PROVIDE ONE-ON-ONE ASSESSMENTS AND ADVISING FOR STUDENTS DEALING WITH ACADEMIC HARDSHIPS. OUR FOCUS IS HIGH SCHOOL TO COLLEGE. OUR PRIMARY STUDENT IS STRUGGLING ACADEMICALLY DUE TO LEARNING DIFFERENCES, PSYCHOLOGICAL FACTORS, OR CHANGE IN FAMILY CIRCUMSTANCES. WE FIND VIABLE SCHOOL AND FINANCING OPTIONS FOR EVERY STUDENT THAT WE WORK WITH AND MOST REPORT STAYING WITH OUR ACADEMIC PLAN INTO THE NEXT SCHOOL YEAR. WE COORDINATE RESOURCES WITH DOZENS OF PROVIDERS TO PROVIDE ONGOING SUPPORT.
HOME SCHOOL OVERSIGHT SERVICES - WE ADVISE, SUPPORT, GUIDE, AND MAINTAIN DOCUMENTS FOR HOMESCHOOLED HIGH SCHOOL STUDENTS. WE ASSIST IN PICKING CLASSES EACH SEMESTER THAT FULFILL THEIR STATE'S GRADUATION REQUIREMENTS. WE PERFORM A TEST ANALYSIS AND PROVIDE TESTING GUIDELINES AND RECOMMENDATIONS FOR TEST PREP SERVICES. WE SUGGEST EXTRACURRICULARS AND BUILD A HIGH SCHOOL RESUME. WE INTERACT WITH NUMEROUS HIGH SCHOOLS, JUNIOR COLLEGES, AND PRIVATE COURSE PROVIDERS TO ASSURE EACH STUDENT IS PROPERLY EDUCATED AND PREPARED FOR POST HIGH SCHOOL SUCCESS.
COLLEGE ADMISSIONS & SCHOLARSHIPS - WE WORK WITH HIGH SCHOOL SENIORS TO SELECT COLLEGES FOR ADMISSIONS. WE PROVIDE APTITUDE TESTING TO GUIDE THEM TOWARDS A MAJOR. WE ACTIVELY FIND OR OTHERWISE PROVIDE SCHOLARSHIPS FOR GRADUATING HIGH SCHOOL STUDENTS. WE ASSIST IN THE COLLEGE ADMISSIONS PROCESS FROM FILLING OUT APPLICATIONS TO EDITING ESSAYS TO PROVIDING LETTERS OF RECOMMENDATION. WE OBTAINED SCHOLARSHIPS FOR MORE THAN 50 STUDENTS ENTERING COLLEGE FOR THE FIRST TIME THUS AVOIDED THOSE FAMILIES HAVING TO TAKE ON DEBT FOR THEIR POST-SECONDARY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Lee Director | Trustee | 50 | $50,000 |
Nien Chung Lee Treasurer | Officer | 3 | $0 |
Rebecca Edge Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $389,298 |
| 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 | $389,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation of current officers, directors, key employees. | $20,000 |
| 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 | $95,127 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,174 |
| Advertising and promotion | $1,376 |
| Office expenses | $17,672 |
| Information technology | $5,312 |
| Royalties | $0 |
| Occupancy | $4,754 |
| Travel | $6,911 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $166 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,410 |
| Total functional expenses | $192,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $808,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $808,664 |
| Accounts payable and accrued expenses | $600,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $600,000 |
| Net assets without donor restrictions | $0 |
| 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 | $208,664 |
| Total liabilities and net assets/fund balances | $808,664 |