De La Salle Academy
- Assets
- $14.1m
- Revenue
- $6.8m
- Investments
- $109.0k
- Employees
- 33
- Location
- New York, NY
- Founding
- 05/1988
- Data as of
- 08/2020
- EIN
- 13-3228140
Organization Overview
De La Salle Academy is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, DE LA Salle Academy employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DE LA Salle 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 08/2020, DE LA Salle Academy generated $6.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $6.5m during the year ending 08/2020. While expenses have increased by 2.1% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
IN 2019-2020, DE LA SALLE ACADEMY PROVIDED 159 ACADEMICALLY TALENTED AND ECONOMICALLY LESS ADVANTAGED ADOLESCENTS IN GRADES SIX THROUGH EIGHT A SPIRITUALLY NURTURING AND ACADEMICALLY CHALLENGING ENVIRONMENT THEY NEEDED TO ENSURE BRIGHT FUTURES. STUDENTS TAKE A RIGOROUS AND ACCELERATED CURRICULUM THAT HAS EXPOSURE TO A BROADER RANGE OF SOCIAL AND SPIRITUAL VALUES THAT ARE NOT PRESENT IN THE NORMAL SCHOOL CURRICULUM. NO STUDENT WHO QUALIFIED FOR ADMISSION HAS BEEN TURNED AWAY BECAUSE OF A FAMILY'S FINANCIAL SITUATION. TUITION AND FEES NET OF FINANCIAL AID AND SCHOLARSHIPS TO THE STUDENTS ACCOUNTED FOR LESS THAN 10% OF THE TOTAL REVENUE OF THE ACADEMY.
IN 2019-2020, DE LA SALLE ACADEMY PROVIDED 159 ACADEMICALLY TALENTED AND ECONOMICALLY LESS ADVANTAGED ADOLESCENTS IN GRADES SIX THROUGH EIGHT A SPIRITUALLY NURTURING AND ACADEMICALLY CHALLENGING ENVIRONMENT THEY NEEDED TO ENSURE BRIGHT FUTURES. STUDENTS TAKE A RIGOROUS AND ACCELERATED CURRICULUM THAT HAS EXPOSURE TO A BROADER RANGE OF SOCIAL AND SPIRITUAL VALUES THAT ARE NOT PRESENT IN THE NORMAL SCHOOL CURRICULUM. NO STUDENT WHO QUALIFIED FOR ADMISSION HAS BEEN TURNED AWAY BECAUSE OF A FAMILY'S FINANCIAL SITUATION. TUITION AND FEES NET OF FINANCIAL AID AND SCHOLARSHIPS TO THE STUDENTS ACCOUNTED FOR LESS THAN 10% OF THE TOTAL REVENUE OF THE ACADEMY.
IN 2019-2020, DE LA SALLE ACADEMY PROVIDED 159 ACADEMICALLY TALENTED AND ECONOMICALLY LESS ADVANTAGED ADOLESCENTS IN GRADES SIX THROUGH EIGHT A SPIRITUALLY NURTURING AND ACADEMICALLY CHALLENGING ENVIRONMENT THEY NEEDED TO ENSURE BRIGHT FUTURES. STUDENTS TAKE A RIGOROUS AND ACCELERATED CURRICULUM THAT HAS EXPOSURE TO A BROADER RANGE OF SOCIAL AND SPIRITUAL VALUES THAT ARE NOT PRESENT IN THE NORMAL SCHOOL CURRICULUM. NO STUDENT WHO QUALIFIED FOR ADMISSION HAS BEEN TURNED AWAY BECAUSE OF A FAMILY'S FINANCIAL SITUATION. TUITION AND FEES NET OF FINANCIAL AID AND SCHOLARSHIPS TO THE STUDENTS ACCOUNTED FOR LESS THAN 10% OF THE TOTAL REVENUE OF THE ACADEMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deirdre Obrien Director Of Development | 40 | $126,364 | |
Angel Gonzalez Principal - Ex Officio | OfficerTrustee | 40 | $112,924 |
Michael Tapscott Assistant Principal | 40 | $103,686 | |
Brother Brian Carty President | OfficerTrustee | 55 | $0 |
Leslie Schine Co-Chair | OfficerTrustee | 0.5 | $0 |
Michael Kempner Co-Chair: Finance | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,408,645 |
| Investment income | $60,003 |
| 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 | $6,755,219 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,919,088 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,094 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,894,279 |
| Pension plan accruals and contributions | $101,347 |
| Other employee benefits | $323,290 |
| Payroll taxes | $160,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $206 |
| Fees for services: Accounting | $24,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,297 |
| Fees for services: Other | $38,064 |
| Advertising and promotion | $6,865 |
| Office expenses | $156,696 |
| Information technology | $96,993 |
| Royalties | $0 |
| Occupancy | $347,166 |
| Travel | $9,507 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,466 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,116 |
| Insurance | $31,835 |
| All other expenses | $0 |
| Total functional expenses | $6,486,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,507 |
| Savings and temporary cash investments | $990,761 |
| Pledges and grants receivable | $40,748 |
| Accounts receivable, net | $16,671 |
| 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 | $6,113 |
| Investments—publicly traded securities | $9,154,145 |
| Investments—other securities | $108,979 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68 |
| Total assets | $14,099,139 |
| Accounts payable and accrued expenses | $71,805 |
| 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 | $71,805 |
| 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 |
| Total liabilities and net assets/fund balances | $14,027,334 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that De La Salle Academy has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Kaplen Brothers Fund Inc New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Endowment Analysis
| Beg. Balance | $7,946,151 |
| Earnings | $961,789 |
| Admin Expense | $1,214,410 |
| Net Contributions | $1,700,137 |
| Ending Balance | $9,393,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Albany Academy Albany, NY | $58,726,077 | $27,181,105 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
Cambridge School Of Weston Inc Weston, MA | $57,046,494 | $20,616,161 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Nichols School Of Buffalo Buffalo, NY | $102,003,479 | $42,213,694 |
Yeshiva Shaare Torah Inc Brooklyn, NY | $32,363,623 | $20,724,747 |
Yeshivat Heatid Inc Teaneck, NJ | $17,160,980 | $19,921,065 |
Ideal School Of Manhattan New York, NY | $22,538,816 | $19,239,739 |
Peck School Morristown, NJ | $71,516,691 | $18,101,005 |