The Eagle Academy Foundation Inc
- Assets
- $1.7m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 17
- Location
- New York, NY
- Founding
- 02/2005
- Data as of
- 06/2021
- EIN
- 20-1532382
Organization Overview
The Eagle Academy Foundation Inc is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. As of 06/2021, Eagle Academy Foundation Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eagle Academy Foundation Inc 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 06/2021, Eagle Academy Foundation Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $4.0m during the year ending 06/2021. While expenses have increased by 8.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE ORGANIZATION'S MISSION ON SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE PREPARATIONTHROUGH A COMPREHENSIVE AND SYSTEMATIC APPROACH FOR COLLEGE READINESS, EAF REINFORCES THE MESSAGE AND EXPECTATION THAT ALL SCHOLARS HAVE A POST-SECONDARY PLAN INCLUDING THE GOAL OF COLLEGE ENTRANCE.COLLEGE PREPARATION STARTS EARLY, WITH COLLEGE AWARENESS BEGINNING AT THE 6TH GRADE, MULTIPLE VISITS TO AND TOURS OF COLLEGE CAMPUSES, COLLEGE COUNSELING AND PLANNING THROUGH TO END OF 12TH GRADE ALONG WITH COLLEGE AND CAREER FAIRS THAT EXPOSE STUDENTS TO THE RANGE OF POST-SECONDARY OPPORTUNITIES THAT AWAIT THEM AFTER THEY GRADUATE FROM EAGLE.
EAGLE INSTITUTEWITH THE GOAL OF IMPROVING THE ACADEMIC AND LIFE TRAJECTORIES OF YOUNG MEN OF COLOR, EAF OPERATES THE EAGLE INSTITUTE TO BROADEN THE REACH OF EAGLES PROVEN MODEL, BEYOND ITS EAGLE ACADEMIES. THROUGH TRAINING ON EAGLES MODEL AND PRACTICES AND COACHING SERVICES, THE EAGLE INSTITUTE ENHANCES THE CAPABILITY OF SCHOOL EDUCATORS TO EFFECTIVELY MEET THE NEEDS OF MALE STUDENTS OF COLOR AND ULTIMATELY INCREASE THE NUMBER OF SCHOOLS WITH POSITIVE CULTURES AND INTERVENTIONS INTENDED TO SUPPORT THE ACADEMIC ACHIEVEMENT AND SOCIO-EMOTIONAL FLOURISHING OF BLACK AND LATINO MALE STUDENTS NATIONWIDE.
EXTENDED LEARNING OPPORTUNITIESDURING TIME OUT OF SCHOOL, AFTER SCHOOL, ON WEEKENDS, SCHOOL BREAKS, AND DURING SUMMER, EAF PROVIDES EAGLE SCHOLARS WITH ACADEMIC AND CO-CURRICULAR ENRICHMENTS INCLUDING TUTORING, REGENTS AND SAT TEST PREPARATION, SPORTS AND PHYSICAL ACTIVITIES, ARTS, SCIENCE, CLUBS AND OPPORTUNITIES FOR MENTORING, COMMUNITY SERVICE, LOCAL FIELD TRIPS AND TRAVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David C Banks President/ceo | Officer | 50 | $254,874 |
Kenita D Lloyd COO | Officer | 50 | $172,781 |
Jawana Johnson Chief Acad Officer | 40 | $161,036 | |
Donald Ruff Dir Of College Pln | 40 | $127,177 | |
Aaron Barnette Dir Strat Ptr&ment | 40 | $105,361 | |
Elizabeth Almonte Chief Innov. Ofc. | 40 | $101,806 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $587,315 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,617,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,204,391 |
| Total Program Service Revenue | $959,257 |
| Investment income | $551 |
| 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 | $4,164,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,999 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $974,335 |
| Compensation of current officers, directors, key employees. | $176,871 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $738,137 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,025 |
| Payroll taxes | $116,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,963 |
| Fees for services: Lobbying | $60,925 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,254,738 |
| Advertising and promotion | $3,616 |
| Office expenses | $146,474 |
| Information technology | $186,334 |
| Royalties | $0 |
| Occupancy | $123,322 |
| Travel | $36,876 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,277 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,564 |
| Insurance | $5,284 |
| All other expenses | $28,164 |
| Total functional expenses | $3,988,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $611,891 |
| Pledges and grants receivable | $913,822 |
| Accounts receivable, net | $0 |
| 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 | $24,542 |
| Net Land, buildings, and equipment | $12,943 |
| Investments—publicly traded securities | $100,117 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,059 |
| Total assets | $1,703,374 |
| Accounts payable and accrued expenses | $279,793 |
| 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 | $273,280 |
| Other liabilities | $0 |
| Total liabilities | $553,073 |
| Net assets without donor restrictions | $978,868 |
| Net assets with donor restrictions | $171,433 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,703,374 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Eagle Academy Foundation Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Patrick Foundation Tr Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The James Beard Foundation Inc New York, NY | $7,570,117 | $18,186,794 |
Red Crane Foundation New York, NY | $56,630,126 | $34,466,458 |
Golden Eagle Foundation Albany, NY | $0 | $427,452 |
The Eagle Academy Foundation Inc New York, NY | $1,703,374 | $4,164,199 |
Falconwood Foundation Inc New York, NY | $660,761 | $1,072,171 |
Friends Of The Rosamond Gifford Zoo At Burnet Park Inc Syracuse, NY | $8,326,099 | $3,684,442 |
Crane Fund For Widows And Children Englewood Cliffs, NJ | $8,502,869 | $1,163,515 |
Paws Of War Inc Nesconset, NY | $3,386,038 | $3,547,370 |
Zoological Society Of New Jersey Inc West Orange, NJ | $4,041,580 | $2,628,906 |
Bailey Wildlife Foundation Cambridge, MA | $3,104,350 | $180,008 |
Zoological Society Of Buffalo Foundation Inc Buffalo, NY | $4,471,531 | $349,941 |
Humane Pennsylvania Foundation Reading, PA | $1,829,097 | $900,729 |