Crosby International Academy is located in Crosby, TX. The organization was established in 2013. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. Crosby International 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 12/2017, Crosby International Academy generated $141.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $142.3k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PROVIDE INSTRUCTIONS FOR ELEMENTARY AND SECONDARY STUDENTS.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,741 |
| Total Program Service Revenue | $65,170 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $205 |
| Other Revenue | $18,582 |
| Total Revenue | $141,698 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,846 |
| Professional fees and other payments to independent contractors | $2,492 |
| Occupancy, rent, utilities, and maintenance | $3,642 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,369 |
| Total expenses | $142,349 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,239 |
| Other assets | $0 |
| Total assets | $275,931 |
| Total liabilities | $274,036 |
| Net assets or fund balances | $1,895 |