Cumberland Academy

Organization Overview

Cumberland Academy is located in Tyler, TX. The organization was established in 1997. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 08/2022, Cumberland Academy employed 430 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cumberland Academy 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 08/2022, Cumberland Academy generated $22.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $22.7m during the year ending 08/2022. While expenses have increased by 13.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A SUPERIOR ACADEMIC PROGRAM ENHANCED BY TRAINING IN PERFORMING ARTS AND A TECHNOLOGICALLY ADVANCED CURRICULUM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ACADEMIC EDUCATION FOR APPROXIMATELY 1,768 STUDENTS FOR PK THROUGH 12TH GRADE.


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Board, Officers & Key Employees

Name (title)Compensation
Norma Cotton
Executive Director
$150,000
Nakeia Burrell
Former COO
$75,732
Dr James Cotton
Board President
$0
Vance Hendrix
Vice President
$0
Bill Morales
Board Member
$0
Mary Irwin
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Labatt Food Service
Food Service
$278,961
Region 7 Education Service Center
Professional Services
$107,621
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$250,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$250,000
Total Program Service Revenue$22,213,584
Investment income $69,651
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $242,470
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 $22,775,705

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cumberland Academy has recieved totaling $250,000.

Awarding OrganizationAmount
Rainwater Charitable Foundation

Fort Worth, TX

PURPOSE: PROJECT SUPPORT: NEW LIBRARY SUPPLIES

$250,000
View Grant Recipient Profile

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