Day 1 Academies
- Assets
- $36.0m
- Revenue
- $29.8m
- Investments
- $0.0
- Employees
- 101
- Location
- Mercer Island, WA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3907778
Organization Overview
Day 1 Academies, operating under the name Bezos Academy, is located in Mercer Island, WA. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Bezos Academy employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bezos 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 12/2021, Bezos Academy generated $29.8m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $14.0m during the year ending 12/2021. 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
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAY 1 ACADEMIES EXPANDED ITS SERVICES FROM OPERATING ONE SCHOOL TO FIVE WITH CAPACITY FOR 200 STUDENTS. DAY 1 ACADEMIES ESTABLISHED ITS FIRST TEACHER TRAINING PROGRAM AND CONTINUED DEVELOPING AND IMPLEMENTING, AMONG OTHER ITEMS, ITS CURRICULUM, ADMISSIONS POLICIES, SCHOOL POLICIES, STAFFING MODELS, AND SCHOOL LAYOUT MODELS. DAY 1 ACADEMIES ALSO CONTINUED DEVELOPING ITS OPERATING PLANS AND INFRASTRUCTURE TO ACCELERATE THE LAUNCH OF ADDITIONAL SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael George President | Officer | 40 | $800,452 |
Miguel Roque Head Of Operations, Treasurer | Officer | 40 | $422,320 |
Michael Abello Head Of Education | Officer | 40 | $364,324 |
William Weiner Head Of Legal, Gc, Secretary | Officer | 40 | $329,070 |
Elizabeth Swanby Senior Operations Leader | 40 | $325,284 | |
Jamie Hammell-James Head Of People | Officer | 40 | $310,253 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bassetti Architects Design & Architecture Services | 12/30/21 | $377,155 |
Westmark Construction Inc General Contractor Services | 12/30/21 | $198,658 |
Korsmo Construction General Contractor Services | 12/30/21 | $1,065,476 |
Greabel Employee Relocation Services | 12/30/21 | $374,446 |
Insight Global Contract Labor | 12/30/21 | $432,979 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,002,675 |
| Noncash contributions included in lines 1a–1f | $30,002,675 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,002,675 |
| 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 | -$192,010 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,810,665 |
| 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. | $2,747,312 |
| Compensation of current officers, directors, key employees. | $1,279,720 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,204,573 |
| Pension plan accruals and contributions | $197,798 |
| Other employee benefits | $464,427 |
| Payroll taxes | $601,640 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $144,323 |
| Fees for services: Accounting | $48,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,469,459 |
| Advertising and promotion | $99,013 |
| Office expenses | $270,210 |
| Information technology | $311,570 |
| Royalties | $0 |
| Occupancy | $156,513 |
| Travel | $237,360 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $355,066 |
| Interest | $902 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,765 |
| Insurance | $88,755 |
| All other expenses | $0 |
| Total functional expenses | $14,001,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,157,947 |
| 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 | $278,433 |
| Net Land, buildings, and equipment | $481,178 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,058,742 |
| Total assets | $35,976,300 |
| Accounts payable and accrued expenses | $1,099,776 |
| 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 | $25,047 |
| Total liabilities | $1,124,823 |
| Net assets without donor restrictions | $34,851,477 |
| 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 | $35,976,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Day 1 Academies Mercer Island, WA | $35,976,300 | $29,810,665 |
Villa Academy Seattle, WA | $24,276,388 | $13,840,238 |
Epiphany School Seattle, WA | $36,455,927 | $10,306,014 |
Waldorf School Association Of Seattle Seattle, WA | $16,310,724 | $9,141,587 |
Westside School Seattle, WA | $16,952,387 | $9,211,084 |
Woodinville Montessori School Bothell, WA | $15,931,467 | $9,107,096 |
Portland Jewish Academy Portland, OR | $8,709,251 | $10,309,622 |
Sound Child Care Solutions Seattle, WA | $4,171,227 | $8,436,558 |
Ccs Early Learning Wasilla, AK | $2,890,390 | $8,197,288 |
Friends Of Children And Families Inc Boise, ID | $3,302,852 | $6,133,054 |
Christian School Society Of Portland Portland, OR | $7,285,846 | $6,199,837 |
Lighthouse Christian School Gig Harbor, WA | $9,441,366 | $5,288,130 |