Evolution Acadamy
- Assets
- $15.5m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 71
- Location
- Richardson, TX
- Founding
- 05/2000
- Data as of
- 08/2022
- EIN
- 76-0622470
Organization Overview
Evolution Acadamy is located in Richardson, TX. The organization was established in 2000. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 08/2022, Evolution Acadamy employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evolution Acadamy 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 08/2022, Evolution Acadamy generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $7.0m during the year ending 08/2022. While expenses have increased by 2.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EVOLUTION ACADEMY WAS SOLEY ORGANIZED TO PROVIDE EDUCATIONAL SERVICES TO AT-RISK STUDENTS. SEE SCHEDULE O FOR DETAILS REGARDING SIGNIFICANT ACHIEVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACS ACCOMPLISHMENTS DEVELOPED CAREER AND TECHNOLOGY PLAN 930 STUDENTS ENROLLED IN EVOLUTION ACADEMY DURING THE 2020-2021 SCHOOL YEAR INITIATED AND MANAGED STUDENT TRANSPORTATION CONTRACT WITH DART, METRO AND BEAUMONT MUNICIPAL TRANSIT CONTINUED YOUTH MENTORING AND COUNSELING PROGRAM IMPLEMENTATION OF COMMUNITY/PARENTAL INVOLVEMENT PROVIDED INSTRUCTIONAL STRATEGIES RETURN TO WORK SUMMER RETREAT FOR STAFF. EVOLUTION ACADEMY PROVIDED EDUCATIONAL INNOVATIONS THROUGH THE FOLLOWING SERVICES AN OPTIONAL SCHOOL DAY AND A 180-DAY SCHOOL YEAR CREDIT RECOVERY PROGRAM SUMMER SCHOOL RECOVERY DUAL CREDIT FOR EDUCATION ADVANCEMENT AN EMPHASIS ON THE USE OF TECHNOLOGY IN SCHOOL AND AT HOME SPECIAL EMPHASIS ON MULTICULTURAL AWARENESS INSTRUCTION ON CHARACTER AND ETHICS
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 |
|---|---|---|---|
Cynthia Trigg CEO / Director | OfficerTrustee | 55 | $180,169 |
Seleste Sully President | OfficerTrustee | 1 | $0 |
Charles L Chatman Secretary | OfficerTrustee | 1 | $0 |
Kim Johnson Trustee | Trustee | 1 | $0 |
Leslie Mouton Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,909,912 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,336 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,925,248 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,925,248 |
| 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. | $180,168 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $3,128,324 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $228,529 |
| Other employee benefits | $242,171 |
| Payroll taxes | $48,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,189 |
| Fees for services: Accounting | $22,750 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $178,466 |
| Travel | $128,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $487,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $315,597 |
| Insurance | $107,654 |
| All other expenses | $314,966 |
| Total functional expenses | $6,999,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,304,822 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $995,815 |
| 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 | $22,097 |
| Net Land, buildings, and equipment | $11,550,363 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,669,546 |
| Total assets | $15,542,643 |
| Accounts payable and accrued expenses | $338,525 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $5,595,000 |
| 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 | $7,208,100 |
| Total liabilities | $13,141,625 |
| Net assets without donor restrictions | -$99,891 |
| Net assets with donor restrictions | $2,500,909 |
| 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 | $15,542,643 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Evolution Acadamy has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Texas Mutual Insurance Company Austin, TX PURPOSE: Hurricane Harvey relief | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
Prime Time Family Reading New Orleans, LA | $2,481,247 | $6,549,424 |