Kell Academy Inc is located in Lexington, KY. The organization was established in 2018. 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 12/2022, Kell Academy Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kell 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 12/2022, Kell Academy Inc generated $65.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $67.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED HIGH QUALITY, ARTS AND SCIENCES INFUSED, MULTIDISCIPLINARY ACADEMIC NON-PUBLIC EDUCATIONAL EXPERIENCE ALTERRATIVES IN LEXINGTON, KENTUCKY, FOR P-12 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lynette K Barr President | 40 | $0 | |
Phillip D Barr Director | 1 | $0 | |
Karolyn Kell Director | 1 | $0 | |
Douglas Proctor Director | 1 | $0 | |
David Barnett Director | 1 | $0 | |
Kristen Bentley Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $59,192 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | -$378 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,817 |
Total Revenue | $65,631 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $54,306 |
Professional fees and other payments to independent contractors | $5,233 |
Occupancy, rent, utilities, and maintenance | $5,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,014 |
Total expenses | $67,553 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |