Lake Oconee Academy Foundation Inc

Organization Overview

Lake Oconee Academy Foundation Inc is located in Greensboro, GA. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Oconee Academy Foundation 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, Lake Oconee Academy Foundation Inc generated $963.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $1.3m during the year ending 06/2021. 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

THE ORGANIZATION SUPPORTS THE LAKE OCONEE ACADEMY A PUBLIC CHARTER SCHOOL

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SUPPORTED THE CHARTER SCHOOL WITH CONTRIBUTIONS TO SUPPORT ART, ATHLETICS, MUSIC, AND THEATRE PROGRAMS AND DIRECT SUPPORT FOR SALARIES OF SCHOOL PERSONNEL.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Vaughan
CFO
$0
Tommy Jeffords
CEO
$0
Allison Evans
Secretary
$0
Ty Dickey
Board Member
$0
Kip Dominy
Board Member
$0
Jane Hutterly
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,800
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$155,230
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$157,030
Total Program Service Revenue$0
Investment income $1,358
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $805,449
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $963,837

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lake Oconee Academy Foundation Inc has recieved totaling $4,477.

Awarding OrganizationAmount
Maurice Gusman Foundation Inc

Miami, FL

PURPOSE: COMMUNITY WELFARE

$4,300
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$177
View Grant Recipient Profile

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