City Academy Inc

Organization Overview

City Academy Inc is located in St Louis, MO. The organization was established in 1998. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Academy 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, City Academy Inc generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $6.8m during the year ending 06/2021. While expenses have increased by 10.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CITY ACADEMY TRANSFORMS CHILDREN, FAMILIES, AND OUR COMMUNITY THROUGH EXCEPTIONAL EDUCATION AND BOLD EXPECTATIONS THAT EMPOWER CHILDREN TO OVERCOME BARRIERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OCITY ACADEMY WAS FOUNDED ON THE BELIEF THAT FAMILY INCOME SHOULDNOT DETERMINE A CHILD'S ACCESS TO AN EXCEPTIONAL EDUCATION. THESCHOOL SERVES COMMITTED FAMILIES WHOSE EDUCATIONAL OPPORTUNITIESARE LIMITED DUE TO ECONOMIC OR GEOGRAPHIC FACTORS. CITY ACADEMYPROVIDES EDUCATIONAL PROGRAMMING TO CHILDREN AGES THREE THROUGHGRADE SIX, AND HAS AN ENROLLMENT OF 205 STUDENTS FOR THE 2020-2021SCHOOL YEAR. FAMILIES COME FROM 40 ZIP CODES, AND 90% LIVE IN COMMUNITIES WITH UNDERPERFORMING SCHOOLS. THE SCHOOL IS THE ONLY PRIVATE, INDEPENDENT ELEMENTARY SCHOOL IN ST. LOUIS OFFERING SCHOLARSHIP SUPPORT TO 100% OF ITS STUDENTS. CITY ACADEMY FOSTERS A CULTURE OF INTEGRITY, CITIZENSHIP, AND ACADEMIC RIGOR. SMALL CLASSES AND DEDICATED FACULTY PREPARE STUDENTS FOR SECONDARY SCHOOL SUCCESS. GRADUATES CURRENTLY ATTEND CHAMINADE, CROSSROADS, INCARNATE WORD, JOHN BURROUGHS, MICDS, PRIORY, THOMAS JEFFERSON, VILLA, WESTMINSTER,AND WHITFIELD SCHOOL. (THE SCHOOL DOES NOT RECOGNIZE "GRANTEXPENSE" FOR THE FINANCIAL AID PROVIDED. PLEASE REFER TO SCHEDULEI SUPPLEMENTAL INFORMATION SECTION "ACCOUNTING POLICY FOR TUITION AID" FOR FURTHER INFORMATION.)


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Board, Officers & Key Employees

Name (title)Compensation
Nikki Doughty
Head Of School
$118,450
Brian Gross
CFO
$107,500
Steffani Lautenschlager
Chief Development Officer
$107,280
Don Danforth III
President
$102,876
Stuart Campbell
Board Chair
$0
Michelle Strawbridge
First Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
St Louis Roofing Co Inc
Maintenance - Roofing
$263,556
Hanenkamp Electric Company
Electrical
$173,335
Spotless Building Services
Janitorial
$126,944
Martin Bros
Food Service
$106,179
St Louis Roofing Co Inc
Maintenance - Roofing
$263,556
Martin Bros
Food Service
$106,179
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$28,488
Related organizations$0
Government grants $969,038
All other contributions, gifts, grants, and similar amounts not included above$3,542,447
Noncash contributions included in lines 1a–1f $116,444
Total Revenue from Contributions, Gifts, Grants & Similar$4,539,973
Total Program Service Revenue$904,689
Investment income $1,130,104
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $129,839
Net Income from Fundraising Events -$1,599
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,703,364

Grants Recieved

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

Awarding OrganizationAmount
Loeb Family Foundation Inc

Winnetka, IL

PURPOSE: CHARITABLE CONTRIBUTION

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$45,030,225
Earnings$11,602,634
Net Contributions$1,274,727
Other Expense$1,933,723
Ending Balance$55,973,863

Peer Organizations

Organization NameAssets
Bernard Zell Anshe Emet Day School
Chicago, IL
$20,320,544
Republic Schools Nashville
Nashville, TN
$24,002,902
Christian Academy Of Knoxville Inc
Knoxville, TN
$19,411,697
Cornerstone Academy Inc
Morristown, TN
$25,507,605
Summit Christian Academy
Lees Summit, MO
$15,642,141
Near North Montessori School
Chicago, IL
$16,517,378
Oak Hill School
Nashville, TN
$13,591,282
Presbyterian Day School
Memphis, TN
$10,651,636
Harding Academy
Nashville, TN
$14,183,780
Bsds Inc
Kansas City, MO
$10,020,061
Community School Association
Saint Louis, MO
$7,869,470
Morgan Park Academy
Chicago, IL
$9,629,614

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