Wythe Academy Inc is located in Atlanta, GA. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wythe 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 06/2024, Wythe Academy Inc generated $122.4k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $271.5k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
ENGAGING IN EDUCATIONAL OPPORTUNITIES FOR CHILDREN IN GEORGIA THAT EMPOWER CHILDREN TO DEVELOP CRITICAL THINKING SKILLS AND REALIZE THEIR INDIVIDUAL LEARNING CAPACITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ty Abernethy President | 5 | $0 | |
Kristen Abernethy Secretary/tr | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $700 |
| Total Program Service Revenue | $121,318 |
| Membership dues | $0 |
| Investment income | $357 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,375 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $110,837 |
| Professional fees and other payments to independent contractors | $75,753 |
| Occupancy, rent, utilities, and maintenance | $62,514 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,382 |
| Total expenses | $271,486 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,874 |
| Other assets | $0 |
| Total assets | $36,952 |
| Total liabilities | $257,573 |
| Net assets or fund balances | -$220,621 |