Humphreys Academy Foundation
- Assets
- $564.7k
- Revenue
- $912.9k
- Investments
- $0.0
- Employees
- 44
- Location
- Belzoni, MS
- Founding
- 10/2014
- Data as of
- 06/2021
- EIN
- 64-6034406
Organization Overview
Humphreys Academy Foundation is located in Belzoni, MS. The organization was established in 2014. 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, Humphreys Academy Foundation employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Humphreys Academy Foundation 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, Humphreys Academy Foundation generated $912.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $927.4k during the year ending 06/2021. While expenses have increased by 2.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES
FOOD SERVICE FOR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gay Walker Member | OfficerTrustee | 2 | $0 |
Shea Donahoo V. Pres. | OfficerTrustee | 2 | $0 |
Carton Gorton Member | Trustee | 2 | $0 |
Sarah Bellipanni President | Trustee | 2 | $0 |
Kathy Reed Member | Trustee | 2 | $0 |
Jeff Hughs Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $123,988 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $912,938 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $559,149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,892 |
| Payroll taxes | $50,355 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,432 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $45,313 |
| Depreciation, depletion, and amortization | $6,000 |
| Insurance | $45,969 |
| All other expenses | $0 |
| Total functional expenses | $927,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $355,658 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,010 |
| 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 | $10,232 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $640 |
| Total assets | $564,727 |
| Accounts payable and accrued expenses | $21,471 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $119,800 |
| Other liabilities | $11,237 |
| Total liabilities | $152,508 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $412,219 |
Endowment Analysis
| Beg. Balance | $309,877 |
| Ending Balance | $309,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ensworth School Nashville, TN | $203,625,309 | $44,175,360 |
Community School For Apprenticeship Learning Inc Baton Rouge, LA | $35,523,575 | $32,794,554 |
Freedom Preparatory Academy Inc Memphis, TN | $50,857,494 | $33,295,008 |
Franklin Road Academy Inc Nashville, TN | $58,128,778 | $31,046,189 |
Brentwood Academy Inc Brentwood, TN | $50,379,157 | $25,930,047 |
Metairie Park Country Day School Metairie, LA | $48,222,871 | $23,246,338 |
Idea Public Schools Louisiana Inc Baton Rouge, LA | $5,073,579 | $25,941,968 |
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Community Academies Of New Orleans Inc New Orleans, LA | $3,607,282 | $19,811,905 |
Randolph School Huntsville, AL | $69,168,210 | $21,425,432 |
Republic Schools Nashville Nashville, TN | $31,048,580 | $24,002,902 |
Christian Academy Of Knoxville Inc Knoxville, TN | $16,374,308 | $19,411,697 |