Athens Academy Inc

Organization Overview

Athens Academy Inc is located in Athens, GA. The organization was established in 1966. 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 07/2022, Athens Academy Inc employed 312 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Athens 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 07/2022, Athens Academy Inc generated $19.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $20.3m during the year ending 07/2022. While expenses have increased by 2.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ATHENS ACADEMY (THE SCHOOL) SEEKS EXCELLENCE WITH HONOR IN ALL ITS PURSUITS. ATHENS ACADEMY IS A COEDUCATIONAL, INDEPENDENT, COLLEGE PREPARATORY DAY SCHOOL THAT OFFERS A TRADITIONAL LIBERAL ARTS CURRICULUM AND INNOVATIVE APPROACHES TO TEACHING AND LEARNING. THE SCHOOL SEEKS STUDENTS FROM DIVERSE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING A QUALITY EDUCATION TO THE STUDENTS ATTENDING THE ACADEMY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hogan Construction Group
Construction
$385,039
Anthem
Health Insurance
$1,603,339
Krg Food Service Group Inc
Lunchroom Staff
$251,098
Southern Mechanical Hvac Contractors
Hvac Maintenance
$226,913
Walton Emc
Natural Gas & Electricity
$372,842
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,294,203
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,294,203
Total Program Service Revenue$18,639,621
Investment income -$1,236,688
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $219,009
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $64,412
Miscellaneous Revenue$0
Total Revenue $19,563,519

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Athens Academy Inc has recieved totaling $118,208.

Awarding OrganizationAmount
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES

$60,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$45,000
Thomas Mckey Tillman Foundation Inc

Athens, GA

PURPOSE: ENDOWMENT FUND FOR FACULTY COMPENSATION.

$5,000
Lonnie L Michael Foundation

Athens, GA

PURPOSE: TO PROVIDE SCHOLARSHIPS

$3,467
Monty W & Susan S Rogers Foundation Inc

Milton, GA

PURPOSE: UNRESTRICTED CONTRIBUTION

$2,000
Robert Winthrop Ii Foundation Of Athens Ga 100200

Athens, GA

PURPOSE: CONTRIBUTION FOR GENERAL PURPOSE

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,925,447
Earnings-$1,029,372
Admin Expense$35,810
Net Contributions$596,478
Ending Balance$12,456,743

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