Home Scholars Academy Of Oakridge & Westfir Inc, operating under the name Academy For Character Education, is located in Cottage Grove, OR. The organization was established in 2002. 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 For Character Education 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 06/2022, Academy For Character Education generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 17.2% per year over the past 7 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
TO PROVIDE EDUCATION THROUGH A CHARTER SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACE CHARTER SCHOOL OFFERS AN ACADEMICALLY CHALLENGING, COLLEGE PREPARATORY CURRICULUM. THE SCHOOL STAFF WORKS TOGETHER WITH FAMILIES AND STUDENTS TO CREATE AN EDUCATIONALLY STIMULATING ENVIRONMENT - ONE THAT IS SCHOLASTICALLY RIGOROUS, COMPREHENSIVE, AND INTENSIVE. INSTRUCTION IS PROVIDED TO K-12 STUDENTS THROUGH TUTORING, SMALL CLASS SIZES AND INSTRUCTIONAL EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amanda Hinkle Rhetoric Academic Dean | Officer | 25 | $10,000 |
Jeanet Campbell Vice President/treasurer | OfficerTrustee | 2 | $9,925 |
Starr Sahnow Director Of Charter School/principal | Officer | 25 | $4,000 |
Louna Francis Secretary | OfficerTrustee | 2 | $0 |
Joseph Lewis President | OfficerTrustee | 3 | $0 |
Danielle Brown Member At Large | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $558,188 |
All other contributions, gifts, grants, and similar amounts not included above | $12,117 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $570,305 |
Total Program Service Revenue | $2,539,291 |
Investment income | $60 |
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 | $3,109,656 |
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. | $118,450 |
Compensation of current officers, directors, key employees. | $29,613 |
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 | $216,817 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,271,551 |
Advertising and promotion | $1,483 |
Office expenses | $128,744 |
Information technology | $23,049 |
Royalties | $0 |
Occupancy | $45,794 |
Travel | $4,613 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $27,161 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $51,202 |
Insurance | $6,809 |
All other expenses | $0 |
Total functional expenses | $2,386,927 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $102,399 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $414,574 |
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 | $30,926 |
Net Land, buildings, and equipment | $819,168 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $266,669 |
Total assets | $1,633,736 |
Accounts payable and accrued expenses | $31,918 |
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 | $80,661 |
Total liabilities | $112,579 |
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 | $1,005,176 |
Retained earnings, endowment, accumulated income, or other funds | $515,981 |
Total liabilities and net assets/fund balances | $1,633,736 |
Over the last fiscal year, we have identified 1 grants that Home Scholars Academy Of Oakridge & Westfir Inc has recieved totaling $606.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $606 |
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 |
Oregonians For Online Education Inc Scio, OR | $4,402,348 | $19,081,202 |
Willows Community School Culver City, CA | $69,044,375 | $19,353,304 |
Head Start Of Lane County Springfield, OR | $2,527,429 | $16,579,600 |
Bellevue Christian School Clyde Hill, WA | $30,172,969 | $19,117,313 |
Hawking Steam Charter Schools Inc Chula Vista, CA | $87,803,315 | $18,115,527 |
Cascade Christian Schools Puyallup, WA | $24,414,305 | $18,312,938 |
Stem Preparatory Schools Inc Los Angeles, CA | $15,250,781 | $22,306,511 |