Transformative Leadership Academy
- Assets
- $429.2k
- Revenue
- $831.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Monahans, TX
- Founding
- 01/2020
- Data as of
- 08/2020
- EIN
- 83-4545014
Organization Overview
Transformative Leadership Academy is located in Monahans, TX. The organization was established in 2020. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 08/2020, Transformative Leadership Academy employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transformative Leadership Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION SHALL SEEK TO DESIGN, DEVELOP, ESTABLISH AND DIRECT A PRIVATE SCHOOL FOR GRADES PRE-KINDERGARTEN THROUGH 12TH. THE SCHOOL WILL UTILIZE A +1P FRAMEWORK FOR LEARNING TO PREPARE THIS GENERATION OF STUDENTS TO LEAD OUR COMMUNITY WITH 21ST CENTURY SKILL INCLUDING: CRITICAL THINKING AND PROBLEM SOLVING, COLLABORATION AND LEADING BY INFLUENCE, AGILITY AND ADAPTABILITY, INITIATIVE AND ENTREPRENEURISM, EFFECTIVE COMMUNICATION, ACCESSING AND ANALYZING INFORMATION, CURIOSITY AND IMAGINATION. WE WILL PROVIDE A UNIVERSALY DESIGNED INSTRUCTIONAL AND PHYSICAL ENVIRONMENT THAT NOT ONLY MEETS THE NEEDS OF ALL STUDENTS, BUT EMBRACES THEIR UNIQUENESS AND DIVERSITY. WE WILL CREATE GLOBALLY RESPONSIVE CITIZENS WHO SEEK TO BETTER THEIR COMMUNITIES THROUGH STATEGIC PROBLEM SOLVING AND COLLABORATION. THROUGH OUR INTERDISCIPLINARY INSTRUCTION AND FLEXIBLE GROUPING STRATEGIES, OUR STUDENTS' ACHIEVEMENT WILL BE ACCELERATED SO THAT THEY ARE FULLY PREPARED FOR COLLEGE AND/OR CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TLA BEGAN OPERATIONS FOR THEIR FIRST SCHOOL YEAR ENDING AUGUST 31, 2020. THE SCHOOL YEAR WAS EXTREMELY SUCCESSFUL IN ATTRACTING STUDENTS AND WAS SUPPORTED BY THE COMMUNITY AND PARENTS. THE SCHOOL WAS SUCCESSFUL IN CARRYING OUT THEIR PRIMARY MISSION.
TLA BEGAN OPERATIONS FOR THEIR FIRST SCHOOL YEAR ENDING AUGUST 31, 2020. THE SCHOOL YEAR WAS EXTREMELY SUCCESSFUL IN ATTRACTING STUDENTS AND WAS SUPPORTED BY THE COMMUNITY AND PARENTS. THE SCHOOL WAS SUCCESSFUL IN CARRYING OUT THEIR PRIMARY MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Lindsey Balderaz Executive Director | OfficerTrustee | 50 | $40,000 |
Shellie Porras President | OfficerTrustee | 0 | $0 |
Dusty Coulston Vice-President | OfficerTrustee | 0 | $0 |
Kenny Dutcher Treasurer | OfficerTrustee | 0 | $0 |
Rebekah Kines Secretary | OfficerTrustee | 0 | $0 |
Denisse Taylor Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $326,517 |
| 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 | $831,846 |
| 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 | $260,578 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,026 |
| 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 | $0 |
| Advertising and promotion | $2,013 |
| Office expenses | $24,634 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,396 |
| Travel | $1,844 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $640 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,096 |
| Insurance | $2,318 |
| All other expenses | $0 |
| Total functional expenses | $455,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,814 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,582 |
| Total assets | $429,227 |
| Accounts payable and accrued expenses | $5,258 |
| 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 | $47,900 |
| Other liabilities | $0 |
| Total liabilities | $53,158 |
| 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 | $376,069 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Transformative Leadership Academy has recieved totaling $132.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $132 |
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