Doral Academy Of Nevada
- Assets
- $132.0m
- Revenue
- $48.9m
- Investments
- $0.0
- Employees
- 559
- Location
- Las Vegas, NV
- Founding
- 06/2017
- Data as of
- 06/2021
- EIN
- 46-1907920
Organization Overview
Doral Academy Of Nevada is located in Las Vegas, NV. The organization was established in 2017. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Doral Academy Of Nevada employed 559 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Doral Academy Of Nevada 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, Doral Academy Of Nevada generated $48.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $51.4m during the year ending 06/2021. While expenses have increased by 11.5% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DORAL ACADEMY OF NEVADA IS A COLLEGE PREP CHARTER SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTIVE SCHOOL ACCOUNT - GENERAL, NON-GRANT, INSTRUCTIONAL INCOME AND EXPENSES AS DETERMINED BY STUDENT POPULATION AND CAMPUS.
SPECIAL EDUCATION FUNDING - EXPENSES ASSOCIATED WITH SPECIAL EDUCATION, IN ADDITION TO THE GENERALIZED EXPENSES COVERED BY THE OPERATING ACCOUNT.
STUDENT GENERATED FUNDS - ACTIVITIES INCLUDE AFTERCARE, CLUBS, CAMPUS VENDING MACHINES, CONCESSIONS OPERATED BY STUDENT AND FACILITY VOLUNTEERS, AND OTHER ORGANIZED SCHOOL ACTIVITIES.
NATIONAL STUDENT LUNCH PROGRAM (NSLP)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridget Phillips Executive Director | 40 | $162,685 | |
Kimberly Hammond Principal - Doral Rr E | 40 | $127,799 | |
Kelly Gerdes Principal - Doral Fire Mesa | 40 | $123,617 | |
Rodney Saunders Principal - Doral Pebble | 40 | $120,838 | |
Danielle Mcdowell Principal - Doral Cactus | 40 | $101,188 | |
Jerod Allen Board Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,411,949 |
| All other contributions, gifts, grants, and similar amounts not included above | $258,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,670,149 |
| Total Program Service Revenue | $214,753 |
| Investment income | $13,258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $48,898,160 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,053,599 |
| Pension plan accruals and contributions | $9,142,832 |
| Other employee benefits | $2,769,213 |
| Payroll taxes | $794,555 |
| Fees for services: Management | $2,693,205 |
| Fees for services: Legal | $8,154 |
| Fees for services: Accounting | $46,668 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,242,807 |
| Advertising and promotion | $3,297 |
| Office expenses | $1,857,985 |
| Information technology | $871,439 |
| Royalties | $0 |
| Occupancy | $1,953,900 |
| Travel | $92,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,808 |
| Interest | $3,967,570 |
| Payments to affiliates | $212,229 |
| Depreciation, depletion, and amortization | $2,684,692 |
| Insurance | $236,012 |
| All other expenses | $663,398 |
| Total functional expenses | $51,376,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,672,234 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $717,248 |
| 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 | $302,407 |
| Net Land, buildings, and equipment | $80,047,374 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,218,445 |
| Total assets | $131,957,708 |
| Accounts payable and accrued expenses | $4,957,394 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $91,603,893 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,613,094 |
| Unsecured mortgages and notes payable | $1,424,599 |
| Other liabilities | $35,610,998 |
| Total liabilities | $138,209,978 |
| Net assets without donor restrictions | -$3,712,224 |
| Net assets with donor restrictions | -$2,540,046 |
| 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 | $131,957,708 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Doral Academy Of Nevada has recieved totaling $96,703.
| Awarding Organization | Amount |
|---|---|
Global Impact Alexandria, VA PURPOSE: DONOR ADVISED FUND | $90,391 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: general support | $6,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Family Inc Morgan Hill, CA | $29,840,400 | $76,356,532 |
Doral Academy Of Nevada Las Vegas, NV | $131,957,708 | $48,898,160 |
Child Parent Centers Inc Tucson, AZ | $16,878,130 | $37,963,883 |
Rowland Hall-St Marks School Salt Lake City, UT | $68,485,891 | $31,456,884 |
Los Angeles Universal Preschool Los Angeles, CA | $9,025,179 | $26,158,862 |
Plaza De La Raza Child Development Services Inc City of Industry, CA | $2,591,767 | $20,694,793 |
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |
Vacaville Christian Academy Vacaville, CA | $16,291,223 | $10,950,312 |