Academics Are Cool
- Assets
- $58.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richland, WA
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 91-2076868
Organization Overview
Academics Are Cool is located in Richland, WA. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational 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. Academics Are Cool 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 12/2021, Academics Are Cool generated $36.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $38.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ACADEMIC COMPETITIONS FOR OVER 5000 KIDS IN GRADES 412
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregg Sampson President | 10 | $4,667 | |
Evgeniya Petyuk Treasurer | 10 | $1,308 | |
Pamela Tsuchida Secretary | 1 | $1,165 | |
Mahenrika Malixi Vice President | 10 | $0 | |
Paul Davis Trustee | 0 | $0 | |
Tom Tosch Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,446 |
| Total Program Service Revenue | $34,797 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,740 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,400 |
| Other expenses | $19,683 |
| Total expenses | $38,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,646 |
| Other assets | $0 |
| Total assets | $58,646 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,646 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Academics Are Cool has recieved totaling $56.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
Cook Inlet Native Head Start Anchorage, AK | $12,985,374 | $6,716,000 |
Medina Foundation Seattle, WA | $101,561,812 | $2,836,899 |
Rainier Scholars Seattle, WA | $11,460,541 | $8,396,083 |
Salmon Public School Foundation Inc Salmon, ID | $1,849,221 | $774,057 |
People Sustaining Kings Valley Philomath, OR | $523,239 | $3,683,416 |
Idaho Virtual Education Partners Incorporated Star, ID | $2,036,199 | $3,090,250 |
Abiqua School Foundation Salem, OR | $1,742,920 | $3,255,719 |
Degrees Of Change Tacoma, WA | $2,092,589 | $1,696,414 |
Housing Northwest Corvallis Incorporated Portland, OR | $13,396,336 | $2,754,384 |
Yuut Elitnaurviat-Peoples Learning Center Bethel, AK | $27,267,665 | $3,283,648 |
Northwest Education Access Seattle, WA | $2,516,302 | $2,622,539 |