Darrell L Hines Academy Inc
- Assets
- $3.5m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 54
- Location
- Milwaukee, WI
- Founding
- 02/2000
- Data as of
- 06/2023
- EIN
- 39-1968365
Organization Overview
Darrell L Hines Academy Inc is located in Milwaukee, WI. The organization was established in 2000. 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 06/2023, Darrell L Hines Academy Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Darrell L Hines 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 06/2023, Darrell L Hines Academy Inc generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DLHA PROVIDES A CO-EDUCATIONAL, SAFE, NURTURING, CARING, AND CHALLENGING ELEMENTARY SCHOOL PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A PRIVATE ELEMENTARY SCHOOL WITH GRADES K-8 IN MILWAUKEE, WISCONSIN. APPROXIMATELY 190 STUDENTS ATTENDED THE SCHOOL DURING THE 2022-2023 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Hines Board Chair | OfficerTrustee | 1 | $0 |
Pamela Hines Vice Chair | OfficerTrustee | 1 | $0 |
Emile Banks Secretary | OfficerTrustee | 1 | $0 |
Cathy Banks Treasurer | OfficerTrustee | 1 | $0 |
Will Lane Community Rep | Trustee | 1 | $0 |
Wrye Oliver Teacher Rep | Trustee | 40 | $74,811 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,051,977 |
| All other contributions, gifts, grants, and similar amounts not included above | $53 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,052,030 |
| Total Program Service Revenue | $1,035 |
| Investment income | $393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $918 |
| Net Income from Fundraising Events | $2,390 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,062,545 |
| 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. | $347,827 |
| Compensation of current officers, directors, key employees. | $27,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,310,086 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $133,833 |
| Payroll taxes | $122,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,422 |
| Fees for services: Accounting | $39,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $401,291 |
| Advertising and promotion | $932 |
| Office expenses | $113,119 |
| Information technology | $73,436 |
| Royalties | $0 |
| Occupancy | $257,600 |
| Travel | $11,150 |
| 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 | $28,027 |
| Insurance | $32,322 |
| All other expenses | $270 |
| Total functional expenses | $2,975,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,735,903 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $94,407 |
| 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 | $73,023 |
| Net Land, buildings, and equipment | $120,882 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,504,082 |
| Total assets | $3,528,297 |
| Accounts payable and accrued expenses | $82,422 |
| 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 | $1,507,689 |
| Total liabilities | $1,590,111 |
| Net assets without donor restrictions | $1,925,599 |
| Net assets with donor restrictions | $12,587 |
| 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 | $3,528,297 |