The Neighborhood Academy

Organization Overview

The Neighborhood Academy is located in Pittsburgh, PA. The organization was established in 1999. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 08/2022, Neighborhood Academy employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood 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, Neighborhood Academy generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $4.5m during the year ending 08/2022. While expenses have increased by 4.0% 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

PROVIDING EDUCATION AND PREPARING LOW-INCOME STUDENTS FOR HIGHER EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NEIGHBORHOOD ACADEMY IS AN INDEPENDENT COLLEGE-PREPARATORY SCHOOL ACCREDITED BY THE PENNSYLVANIA ASSOCIATION OF INDEPENDENT SCHOOLS. THE SCHOOL IS PRIVATELY FUNDED THROUGH THE GENEROSITY OF COMMITTED INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND FAITH COMMUNITIES. PARENTS CONTRIBUTE A SMALL MONTHLY TUITION FEE THAT IS BASED ON INCOME LEVEL. THIS TUITION REQUIREMENT INVOLVES FAMILIES AND ENCOURAGES THEM TO ASSIGN A VALUE TO EDUCATION. PARENTS ALSO SHARE THE COST OF THEIR CHILD'S EDUCATION BY PARTICIPATING IN MEAL TEAMS AND CARPOOLS. LOW-INCOME STUDENTS OFTEN ARRIVE AT SCHOOL BURDENED BY THE CONSEQUENCES OF POVERTY. ISSUES ARISING FROM UNSTRUCTURED HOME LIVES, CONCERNS ABOUT BASIC DAILY NEEDS, AND LACK OF ACCESS TO AN ENVIRONMENT (CONTINUED ON SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Anthony Williams
Head Of Scho
$143,763
Brent Jernigan
Asst. Head O
$108,488
Carolyn Sanford
Asst. Head O
$100,898
Barbara Hall
Business Man
$93,695
Ed Haller
Chairman
$0
Daniel Lynch
Vice Chairma
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bridges & Co Inc
Construction Services
$740,742
Wl Roenigk Inc
Transportation Services
$112,010
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$36,803
Membership dues$0
Fundraising events$69,143
Related organizations$0
Government grants $196,478
All other contributions, gifts, grants, and similar amounts not included above$5,305,231
Noncash contributions included in lines 1a–1f $538,969
Total Revenue from Contributions, Gifts, Grants & Similar$5,607,655
Total Program Service Revenue$134,185
Investment income $34,887
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $114,623
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$42,119
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,849,231

Grants Recieved

Over the last fiscal year, we have identified 4 grants that The Neighborhood Academy has recieved totaling $13,000.

Awarding OrganizationAmount
Janes & Marilyn A Gilmore Foundation Ua

Pittsburgh, PA

PURPOSE: GENERAL

$6,000
Earl Knudsen Charitable Foundation

Pittsburgh, PA

PURPOSE: SCHOLARSHIP FUND

$5,000
Wagner Family Charible Tr Ua 11172000

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$1,000
Arthur R Pasekoff & Doris Pasekoff Charitable Foundation

Pittsburgh, PA

PURPOSE: COLLEGE PREPARATORY SCHOOL

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,065,264
Earnings-$99,355
Net Contributions$200,355
Other Expense$6,490
Ending Balance$1,159,774

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