Akili Academy Of New Orleans in New Orleans, Louisiana (LA)

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Akili Academy Of New Orleans
Employer Identification Number (EIN)260724625
Name of OrganizationAkili Academy Of New Orleans
In Care of NameChristopher Hines
Address3811 N Galvez St, New Orleans, LA 70117
SubsectionEducational Organization
Ruling Date06/2008
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$500,000 to $999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$791,307
Amount of Income$3,186,025
Form 990 Revenue Amount$3,186,025
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Primary, Elementary Schools


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Amount of income in 2012: $3,186,025 (it was $2,492,151 in 2011)
This organization: 

 $3,186,025
Other organizations performing similar types of work: 

 $560,231

Assets in 2012: $791,307 (it was $538,539 in 2011)
This organization: 

 $791,307
Other organizations performing similar types of work: 

 $203,890

Expenses in 2012: $3,020,363
Akili Academy Of New Orleans: 

 $3,020,363
Other organizations performing similar types of work: 

 $592,933

Income to expenses ratio in 2012: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Number of employees in 2012: 45
Akili Academy Of New Orleans: 

 45
Other organizations performing similar types of work: 

 25

Employees paid over $100,000 in 2012: 6.7%
Akili Academy Of New Orleans: 

 6.7%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 99.5%
This organization: 

 99.5%
Other organizations performing similar types of work: 

 3.8%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$3,186,025
Contributions, Gifts, Grants and Other Similar Amounts$3,171,227
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$91
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$14,707
Statement of Functional Expenses (for 2012)
Total functional expenses$3,020,363
Compensation of current officers, directors, trustees, and key employees$86,150
Other salaries and wages$1,555,987
Payroll taxes$126,230
Professional fundraising services$0
Other$1,251,996
Balance Sheet (for 2012)
Total assets$791,307
Total liabilities$184,263
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$184,263
Total net assets or fund balances$607,044
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Village Academy Schools Inc, Village Academy284 S Liberty St, Powell, OH 43065-7616OH2006-05$4,779,307
2French & Montessori Education Inc, Audubon Charter School6101 Chatham Dr, New Orleans, LA 70122-2743LA2006-02$7,410,541
3Avoyelles Public Charter School Inc201 Longfellow Rd, Mansura, LA 71350-4292LA1999-11$6,418,801
4Nola 180, John Alford3519 Trafalgar St, New Orleans, LA 70119-2041LA2007-10$6,337,534
5Arise Academy3819 Saint Claude Ave, New Orleans, LA 70117-5735LA2009-09$4,515,024
6Treme Charter Schools1651 North Tonti, New Orleans, LA 70119LA2010-11$4,482,528
7International Institute For Educational And Cultural Devlpmnt, Baton Rouge International School5015 Auto Plex Dr, Baton Rouge, LA 70809-3311LA2001-11$4,034,559
8Benjamin E Mays Preparatory School3019 Higgins Blvd Building B Carver, New Orleans, LA 70126-5422LA2009-09$3,582,237
9Akili Academy Of New Orleans3811 N Galvez St, New Orleans, LA 70117LA2008-06$3,186,025
10Advocates For Innovative Schoolsinc6828 Chef Menteur Hwy, New Orleans, LA 70126-5214LA2008-04$2,937,410
11Academy Of Interactive Entertainment537 Cajundome Blvd Ste 211, Lafayette, LA 70506-4293LA2014-02$785,073
12Gardere Community Christian School6638 Millstone Ave, Baton Rouge, LA 70808-5114LA2011-02$693,021
13Helping Hearts Academy206 Digby Ave, Lafayette, LA 70508-6400LA2015-01$210,540
14Christs Way Academy Of Learning And Career CenterP O Box 4261, Baton Rouge, LA 70821LA2010-05$0
15Cornerstone Christian AcademyP O Box 1375, Donaldsonville, LA 70346LA2000-03$0
16Greenville Community Charter School Inc1024 Elysian Fields Ave, New Orleans, LA 70117-8402LA1999-04$0
17Living Faith Academy Of Excellence6180 Winbourne Ave, Baton Rouge, LA 70805-6266LA2008-07$0
18River Of Life Academy18295 La Highway 16, Port Vincent, LA 70726-8140LA2014-09$0
19Walden Foundation13483 S Trace De, Walker, LA 70758LA2000-03$0
20Zachary Community School Board3755 Church St, Zachary, LA 70791-3040LA2004-03$0
Number of organizations performing similar types of work
Alaska4
Alabama24
Arkansas9
Arizona47
California198
Colorado52
Connecticut18
District of Columbia11
Delaware12
Florida141
Georgia83
Hawaii11
Iowa9
Idaho12
Illinois66
Indiana32
Kansas15
Kentucky22
Louisiana29
Massachusetts37
Maryland36
Maine6
Michigan30
Minnesota26
Missouri28
Mississippi18
Montana6
North Carolina85
North Dakota3
Nebraska4
New Hampshire9
New Jersey65
New Mexico14
Nevada7
New York79
Ohio55
Oklahoma19
Oregon30
Pennsylvania54
Rhode Island5
South Carolina30
South Dakota7
Tennessee42
Texas138
Utah24
Virginia63
Vermont5
Washington56
Wisconsin41
West Virginia8
Wyoming5
International20
Total1,850

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