Higher Achievement Program Inc
- Assets
- $8.5m
- Revenue
- $7.5m
- Investments
- $1.6m
- Employees
- 138
- Location
- Washington, DC
- Founding
- 09/1985
- Data as of
- 08/2021
- EIN
- 52-1383374
Organization Overview
Higher Achievement Program Inc is located in Washington, DC. The organization was established in 1985. 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 08/2021, Higher Achievement Program Inc employed 138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Higher Achievement Program 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 08/2021, Higher Achievement Program Inc generated $7.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $5.6m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AFTER SCHOOL ACADEMIC ENRICHMENT IN UNDER-RESOURCED COMMUNITIES OF DC, VA AND MD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHER ACHIEVEMENT OPERATES AFTER SCHOOL ACHIEVEMENT CENTERS IN THE DC METRO AREA, BALTIMORE AND RICHMOND THAT OFFER RIGOROUS ACADEMIC ENRICHMENT TO STUDENTS DURING THE MOST CRITICAL TIME IN A CHILD'S DEVELOPMENT: MIDDLE SCHOOL. CENTERS OPERATE AFTER SCHOOL PROGRAMMING MULTIPLE DAYS A WEEK DURING THE SCHOOL YEAR. MIDDLE SCHOOL SCHOLARS ENROLL IN 5TH OR 6TH GRADE AND DEDICATE THREE TO FOUR YEARS AFTER SCHOOL TO STAY ON TRACK FOR HIGH SCHOOL AND POST-SECONDARY SUCCESS. HIGHER ACHIEVEMENT SUPPORTS THE GROWTH OF SCHOLARS' TALENT AND CONNECTS THEM WITH THE OPPORTUNITY TO ATTEND COLLEGE-PREPARATORY HIGH SCHOOL PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynsey Wood Jeffries Chief Executive Officer | Officer | 45 | $201,828 |
Jessica Walbridge Chief Operating Officer | Officer | 45 | $186,586 |
Janice Cori Managing Director Of Development | 45 | $143,033 | |
Thalia Washington Executive Director - Dc Metro | 45 | $140,801 | |
Mary Comerford Executive Director - Richmond | 45 | $125,138 | |
Isabel Yordan Director Of Major Gifts | 45 | $113,844 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mdrc External Evaluator | 8/30/21 | $420,003 |
Marcum Accountants Advisors Accounting | 8/30/21 | $122,213 |
Concentusnet It Consultant | 8/30/21 | $105,653 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $564,809 |
| Related organizations | $0 |
| Government grants | $1,872,969 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,943,631 |
| Noncash contributions included in lines 1a–1f | $43,608 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,381,409 |
| Total Program Service Revenue | $0 |
| Investment income | $52,457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,159 |
| Net Income from Fundraising Events | -$9,487 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,456,248 |
| 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. | $416,990 |
| Compensation of current officers, directors, key employees. | $69,727 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,457,335 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $597,357 |
| Payroll taxes | $138,698 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,428 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,673 |
| Fees for services: Other | $188,912 |
| Advertising and promotion | $2,050 |
| Office expenses | $175,643 |
| Information technology | $129,461 |
| Royalties | $0 |
| Occupancy | $50,966 |
| Travel | $4,043 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,494 |
| Interest | $35,118 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,023 |
| Insurance | $54,069 |
| All other expenses | $5,657 |
| Total functional expenses | $5,626,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,723,423 |
| Savings and temporary cash investments | $10,226 |
| Pledges and grants receivable | $1,848,076 |
| 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 | $18,504 |
| Net Land, buildings, and equipment | $2,335,191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,589,812 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,525,232 |
| Accounts payable and accrued expenses | $393,601 |
| Grants payable | $0 |
| Deferred revenue | $148,490 |
| 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 | $1,457,730 |
| Other liabilities | $0 |
| Total liabilities | $1,999,821 |
| Net assets without donor restrictions | $5,375,661 |
| Net assets with donor restrictions | $1,149,750 |
| 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 | $8,525,232 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Higher Achievement Program Inc has recieved totaling $522,049.
| Awarding Organization | Amount |
|---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $135,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $122,260 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $66,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $45,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $44,339 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $26,500 |
Endowment Analysis
| Beg. Balance | $2,052,014 |
| Net Contributions | $2,406,688 |
| Other Expense | $1,697,018 |
| Ending Balance | $2,761,684 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milton Gottesman Jewish Day School Of The Nations Capital Washington, DC | $47,850,998 | $22,230,618 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Meridian Public Charter School Washington, DC | $25,835,715 | $17,496,957 |
St Paul's School For Girls Inc Brooklandville, MD | $0 | $15,914,099 |
St Johns Community Services - District Of Columbia Washington, DC | $113,804 | $20,352,755 |
Saint James School Inc Hagerstown, MD | $77,226,869 | $20,561,499 |
International Institute Of Islamic Thought Herndon, VA | $897,003 | $10,094,733 |
Trinity Christian School Of Fairfax Fairfax, VA | $27,153,540 | $15,467,946 |
National School Boards Association Inc Alexandria, VA | $12,371,027 | $15,111,042 |
Corporation Of St Timothys School Stevenson, MD | $46,264,557 | $12,305,886 |
Hampton Roads Academy Newport News, VA | $24,546,952 | $14,722,729 |
The J127 Education Foundation Fairfax, VA | $24,052,586 | $14,577,728 |