Energized For Excellence Academy
- Assets
- $1.4m
- Revenue
- $18.9m
- Investments
- $0.0
- Employees
- 153
- Location
- Houston, TX
- Founding
- 02/2000
- Data as of
- 08/2021
- EIN
- 76-0618162
Organization Overview
Energized For Excellence Academy is located in Houston, TX. The organization was established in 2000. 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, Energized For Excellence Academy employed 153 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energized For Excellence Academy 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, Energized For Excellence Academy generated $18.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $16.6m during the year ending 08/2021. 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
ENERGIZED FOR EXCELLENCE ACADEMY OPERATES AS AN HISD CHARTER SCHOOL DESIGNED TO PROVIDE STUDENTS WITH A VARIETY OF EXEMPLARY EDUCATIONAL SERVICES AND ASSIST STUDENTS IN ACHIEVING THE HIGHEST LEVELS OF ACADEMIC AND SOCIAL SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION IS TO PROVIDE AMONG OTHER THINGS EXCEPTIONAL EDUCATIONAL EXPERIENCES INCLUDING THE HIGHEST QUALITY ACADEMIC FINE ARTS INSTRUCTION FOR ITS STUDENTS IN A CARING NURTURING AND SAFE AND HEALTHY ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Douglas Treasurer | OfficerTrustee | 5 | $0 |
Paula Harris President | OfficerTrustee | 5 | $0 |
Opal Brandy Secretary | OfficerTrustee | 5 | $0 |
Yamilet Fernandez Board Member | Trustee | 5 | $0 |
John Rudley Board Member | Trustee | 5 | $0 |
Michael Lunceford Board Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Educational Learning And Enrichment Educational Learning And Enrichement Mgt Fee 2013-18 | 8/30/19 | $4,157,526 |
Educational Learning And Enrichment Educational Learning And Enrichement Rent 2019 | 8/30/19 | $3,641,754 |
Educational Learning And Enrichment Educational Learning And Enrichement Mgt Fee Fy 2019 | 8/30/19 | $2,823,379 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,103 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,103 |
| Total Program Service Revenue | $17,374,866 |
| Investment income | $26,990 |
| 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 | $18,898,659 |
| 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 | $9,638,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,084 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,855,120 |
| Travel | $3,915 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $102,828 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $16,610,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,019,241 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $61,346 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $216,174 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,331 |
| Total assets | $1,351,482 |
| Accounts payable and accrued expenses | $3,835,519 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,835,519 |
| Net assets without donor restrictions | -$2,484,037 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,351,482 |
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