Destiny Advanced Learning Center
- Assets
- $1.7m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 63
- Location
- Globe, AZ
- Founding
- 05/2000
- Data as of
- 06/2021
- EIN
- 86-0904562
Organization Overview
Destiny Advanced Learning Center is located in Globe, AZ. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Destiny Advanced Learning Center employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destiny Advanced Learning Center 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 06/2021, Destiny Advanced Learning Center generated $3.8m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EACH STUDENT A DIVERSE EDUCATION IN A SAFE, SUPPORTIVE ENVIRONMENT THAT PROMOTES SELF-DISCIPLINE, MOTIVATION, AND EXCELLENCE IN LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EACH STUDENT A DIVERSE EDUCATION IN A SAFE, SUPPORTIVE ENVIRONMENT THAT PROMOTES SELF-DISCIPLINE, MOTIVATION, AND EXCELLENCE IN LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Mclendon President/ceo | OfficerTrustee | 40 | $87,029 |
David Mclendon Member/director | OfficerTrustee | 40 | $83,942 |
Cardella M Williamson Member/teacher | Trustee | 40 | $83,975 |
Scott Williamson Member/teacher | Trustee | 40 | $57,266 |
John Perlman Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,720,514 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,700 |
| 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 | $3,754,054 |
| 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. | $417,117 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,565,187 |
| Pension plan accruals and contributions | $193,284 |
| Other employee benefits | $242,369 |
| Payroll taxes | $157,446 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $209,919 |
| Advertising and promotion | $1,239 |
| Office expenses | $228,535 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $187,725 |
| Travel | $836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,890 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,505,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,748 |
| Savings and temporary cash investments | $309,872 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,217 |
| 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 | $0 |
| Total assets | $1,722,944 |
| Accounts payable and accrued expenses | $132,078 |
| Grants payable | $0 |
| Deferred revenue | $20,529 |
| 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 | $36,615 |
| Total liabilities | $189,222 |
| 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 | $1,533,722 |