Littleton Academy Inc
- Assets
- $2.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 17
- Location
- Jupiter, FL
- Founding
- Data as of
- 12/2022
- EIN
- 86-3305014
Organization Overview
Littleton Academy Inc is located in Jupiter, FL. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Littleton Academy Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Littleton 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, Littleton Academy Inc generated $2.5m in total revenue. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 105.0% per year over the past 2 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
LITTLETON ACADEMY PROVIDED EDUCATION TO STUDENTS IN GRADE K-5 DURING THE 2022-2023 SCHOOL YEAR. ONE GRADE PER YEAR WILL BE ADDED TO PROVIDE EDUCATION TO STUDENTS IN GRADES K-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITTLETON ACADEMY RETAINED A HEAD MASTER, FACULTY AND ADMINISTRATIVE STAFF AND DEVELOPED CURRICULUM FOR STUDENTS IN GRADES K-5 FOR THE 2022-2023 SCHOOL YEAR. LITTLETON ACADEMY IS CURRENTY ENROLLING GRADES K-7 FOR THE 2023-2024 SCHOOL YEAR. LITTLEON ACADEMY FEATURES STATE OF THE ART EDUCATIONAL SPACES DESIGNED TO MAXIMIZE COLLABORATION, CREATIVITY, AND CRITICAL THINKING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janell Catlin Director | Trustee | 2 | $0 |
Debra Fitts President | OfficerTrustee | 2 | $0 |
Edward Fitts Treasurer | OfficerTrustee | 2 | $0 |
Peter Holloway Secretary | OfficerTrustee | 2 | $0 |
Kevin Howell Director | Trustee | 2 | $0 |
Brady Martin Director | Trustee | 2 | $0 |
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 | $2,399,756 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,399,756 |
| Total Program Service Revenue | $109,299 |
| Investment income | $7,565 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$489 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,516,131 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $556,914 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,317 |
| Payroll taxes | $44,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,521 |
| Fees for services: Accounting | $3,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,253 |
| Advertising and promotion | $14,708 |
| Office expenses | $43,933 |
| Information technology | $5,151 |
| Royalties | $0 |
| Occupancy | $27,850 |
| Travel | $6,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,011 |
| Insurance | $22,765 |
| All other expenses | $19,865 |
| Total functional expenses | $1,033,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,256 |
| Savings and temporary cash investments | $41,054 |
| Pledges and grants receivable | $1,348,500 |
| 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 | $102,092 |
| Net Land, buildings, and equipment | $282,936 |
| Investments—publicly traded securities | $738,112 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,666,950 |
| Accounts payable and accrued expenses | $13,896 |
| Grants payable | $0 |
| Deferred revenue | $4,750 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,290,785 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,546 |
| Total liabilities | $1,310,977 |
| Net assets without donor restrictions | $7,473 |
| Net assets with donor restrictions | $1,348,500 |
| 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 | $2,666,950 |