Albert Einstein Academy Inc

Organization Overview

Albert Einstein Academy Inc is located in Wilmington, DE. The organization was established in 1971. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Albert Einstein Academy Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albert Einstein 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, Albert Einstein Academy Inc generated $901.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $730.0k 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

TO PROVIDE OPTIMUM LEARNING WITHIN A JEWISH CONTEXT THROUGH COMPREHENSIVE SECULAR AND JUDAIC PROGRAMS. THE ACADEMY EMPHASIZES JEWISH VALUES AND OFFERS STATE-OF-THE-ART ELEMENTARY EDUCATION FOR KINDERGARTEN THROUGH SIXTH GRADE STUDENTS IN THE TRI-STATE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ALL FAMILIES IN THE COMMUNITY WITH THE OPPORTUNITY TO SEND THEIR CHILDREN TO THE ACADEMY REGARDLESS OF ECONOMIC CIRCUMSTANCES. GENEROUS FINANCIAL SUPPORT OBTAINED THROUGH ANNUAL FUNDRAISING CAMPAIGNS, THE JEWISH FEDERATION OF DELAWARE, AND OTHER FUNDING SOURCES PROVIDE THE ACADEMY WITH THE ABILITY TO OFFER FINANCIAL ASSISTANCE TO MANY FAMILIES WITHIN THE LOCAL COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Gerri Chizek
Head Of School
$41,367
Jared Gellert
Treasurer
$0
Michelle Margules
Vice President
$0
Gabe Kopin
President
$0
Mark Kuller
Member
$0
Robin Saran
Jfd Liaison
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $43,559
All other contributions, gifts, grants, and similar amounts not included above$476,421
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$519,980
Total Program Service Revenue$357,392
Investment income $19,942
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 $900,997

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Albert Einstein Academy Inc has recieved totaling $73,973.

Awarding OrganizationAmount
Jewish Federation Of Delaware Inc

Wilmington, DE

PURPOSE: CHARITABLE GRANT TO ADVANCE THE MISSION OF THE ORGANIZATION

$28,361
Harry Cohen Foundation Inc

Wilmington, DE

PURPOSE: ALLOCATED IN ACCORDANCE WITH THE WILL OF THE LATE HARRY COHEN

$13,388
Harry Cohen Foundation Inc

Wilmington, DE

PURPOSE: ALLOCATED IN ACCORDANCE WITH THE WILL OF THE LATE HARRY COHEN

$11,149
Milton & Hattie Kutz Foundation

Wilmington, DE

PURPOSE: EDUCATIONAL

$10,000
Mitchell P And Karen J Kopin Family Foundation Inc

Delray, FL

PURPOSE: RELIGIOS AND ACADEMIC SERVICES

$10,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$700
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$182,330
Earnings$52,722
Net Contributions$51,385
Ending Balance$286,437

Peer Organizations

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