Stonebridge Academy Institute
- Assets
- $204.3k
- Revenue
- $561.6k
- Investments
- $0.0
- Employees
- 19
- Location
- Okmulgee, OK
- Founding
- 08/2009
- Data as of
- 05/2024
- EIN
- 27-0564321
Organization Overview
Stonebridge Academy Institute is located in Okmulgee, OK. The organization was established in 2009. 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 05/2024, Stonebridge Academy Institute employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stonebridge Academy Institute 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 05/2024, Stonebridge Academy Institute generated $561.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $603.8k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
STONEBRIDGE ACADEMY OFFERS A RIGOROUS CURRICULUM DESIGNED TO CHALLENGE, MOTIVATE AND STIMULATE EAGER LEARNERS, WITH A FOCUS ON CREATIVE EXPRESSION THROUGH THE LANGUAGES AND ARTS. OUR GOAL IS TO START OUR STUDENTS ON A SUCCESSFUL PATH TOWARDS COLLEGE AND LIFE THERAFTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAM: STONEBRIDGE ACADEMY INSTITUTE IS A PRIVATE, NON-PROFIT, INDEPENDENT PRE-K THROUGH 8TH GRADE SCHOOL OFFERING A RIGOROUS CURRICULUM IN A PERSONAL ENVIRONMENT WITH NO MORE THAN 14 STUDENTS PER CLASS. THE SCHOOL PROMOTES CREATIVE EXPRESSION THROUGH LANGUAGES, THE ARTS AND INQUISITIVE RESEARCH IN THE SCIENCES. THE SCHOOL SEEKS TO FOSTER RESPECT, RESPONSIBILITY, ETHICAL BEHAVIOR AND SERVICE AND CITIZENSHIP IN ITS STUDENTS.ACADEMIC ACHIEVEMENT: STONEBRIDGE UPPER SCHOOL STUDENTS ON AVERAGE SCORE HIGHER THAN 60 PERCENT OF STUDENTS NATIONWIDE ON THE IOWA TEST OF BASIC SKILLS.
EXTRACURRICULAR ACTIVITIES: IN ADDITION TO FIELD TRIPS AND ACTIVITES AT THE SCHOOL, STUDENTS PARTICIPATE IN A VARIETY OF AFTER SCHOOL ACTIVITIES INCLUDING: 1)KIDS CLUB 2)YEARBOOK 3)LEGO ROBOTICS 4)GAME CLUB 5)ARCHERY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah L Alexander Director | Trustee | 40 | $55,533 |
Hugh Robinson Chairman | Officer | 1 | $0 |
Kelly Neisius Member | Officer | 1 | $0 |
Heather Cook Member | Officer | 1 | $0 |
Lacy Azbell Member | Officer | 1 | $0 |
Jim Hall Member | Officer | 1 | $0 |
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 | $424,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $424,340 |
| Total Program Service Revenue | $135,617 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,688 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $561,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,533 |
| Compensation of current officers, directors, key employees. | $27,766 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,805 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,086 |
| Payroll taxes | $29,285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,776 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $717 |
| Office expenses | $5,776 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,263 |
| Travel | $71 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,494 |
| Insurance | $20,584 |
| All other expenses | $56,971 |
| Total functional expenses | $603,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,118 |
| Savings and temporary cash investments | $733 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $70,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $204,335 |
| Accounts payable and accrued expenses | $2,305 |
| 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 | $2,305 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $202,030 |
| Total liabilities and net assets/fund balances | $204,335 |