Micanopy Academy Inc is located in Micanopy, FL. The organization was established in 2002. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Micanopy Academy Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Micanopy 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 06/2022, Micanopy Academy Inc generated $692.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $681.3k during the year ending 06/2022. While expenses have increased by 10.9% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOL IS TO PROVIDE MIDDLE SCHOOL STUDENTS WITH A COMMUNITY-ORIENTED EDUCATIONAL ENVIRONMENT THAT STIMULATES AND MOTIVATES LEARNING BY THE USE OF PERFORMANCE BASED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL SERVED AN AVERAGE OF 89 STUDENTS IN GRADES 6-12. THE MAIN FOCUS IS TO PROVIDE A RIGOROUS, RICH, AND INTERGRATED CURRICULUM IN A SMALL SCHOOL SETTING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandy Haney President | Officer | 0 | $0 |
Jennifer Bowden Board Member | Officer | 0 | $0 |
Stephanie Rush Board Member | Officer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,592 |
| Related organizations | $0 |
| Government grants | $76,191 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,018 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,801 |
| Total Program Service Revenue | $608,046 |
| Investment income | $7 |
| 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 | $692,679 |
| 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 | $428,079 |
| Pension plan accruals and contributions | $43,844 |
| Other employee benefits | $10,417 |
| Payroll taxes | $32,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,609 |
| Advertising and promotion | $847 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,525 |
| Travel | $2,169 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,033 |
| Interest | $20,860 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,095 |
| All other expenses | $12,087 |
| Total functional expenses | $681,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,305 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,337 |
| 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 | $2,049 |
| Net Land, buildings, and equipment | $494,580 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $173,249 |
| Other assets | $1,125 |
| Total assets | $786,645 |
| Accounts payable and accrued expenses | $9,595 |
| Grants payable | $0 |
| Deferred revenue | $206,749 |
| 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 | $366,810 |
| Unsecured mortgages and notes payable | $163,226 |
| Other liabilities | $0 |
| Total liabilities | $746,380 |
| Net assets without donor restrictions | $95,354 |
| Net assets with donor restrictions | -$55,089 |
| 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 | $786,645 |