Civic Intelligence

The Leadership Academy Inc

EIN 03-0503570 • 501(c)3 • Long Island City, NY

Profile

The leadership academy builds the capacity of educational leaders, at every level of the system, to confront inequities and create the conditions necessary for all students to thrive.

10-27 46th Ave Suite 101Long Island City, NY 11101

www.leadershipacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.08x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.10x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$324,239

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

5th percentile

-24%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-49%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,504,418

Down $2,696,483 (-24%) from 2023

Liabilities

Down

$640,645

Down $178,756 (-22%) from 2023

Net Assets

Down

$7,863,773

Down $2,517,727 (-24%) from 2023

Revenue

Down

$6,278,937

Down $6,056,051 (-49%) from 2023

Expenses

Down

$8,796,664

Down $746,612 (-7.8%) from 2023

Net Income

Down

-$2,517,727

Down $5,309,439 (-190%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $6,986,569Liabilities 2011: $607,776Net Assets 2011: $6,378,7932011Assets 2012: $7,049,109Liabilities 2012: $633,789Net Assets 2012: $6,415,3202012Assets 2013: $7,078,525Liabilities 2013: $516,537Net Assets 2013: $6,561,9882013Assets 2014: $7,237,906Liabilities 2014: $533,974Net Assets 2014: $6,703,9322014Assets 2015: $8,634,253Liabilities 2015: $791,806Net Assets 2015: $7,842,4472015Assets 2016: $8,387,100Liabilities 2016: $1,234,819Net Assets 2016: $7,152,2812016Assets 2017: $8,103,825Liabilities 2017: $786,736Net Assets 2017: $7,317,0892017Assets 2018: $6,301,094Liabilities 2018: $772,557Net Assets 2018: $5,528,5372018Assets 2019: $5,455,634Liabilities 2019: $338,526Net Assets 2019: $5,117,1082019Assets 2020: $6,112,049Liabilities 2020: $1,481,295Net Assets 2020: $4,630,7542020Assets 2021: $7,448,053Liabilities 2021: $2,064,939Net Assets 2021: $5,383,1142021Assets 2022: $8,788,213Liabilities 2022: $1,198,137Net Assets 2022: $7,590,0762022Assets 2023: $11,200,901Liabilities 2023: $819,401Net Assets 2023: $10,381,5002023Assets 2024: $8,504,418Liabilities 2024: $640,645Net Assets 2024: $7,863,7732024

Highlighted filing

2024

Assets$8,504,418
Liabilities$640,645
Net Assets$7,863,773

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $8,837,555Expenses 2011: $8,806,466Net Income 2011: $31,0892011Revenue 2012: $9,399,273Expenses 2012: $9,362,746Net Income 2012: $36,5272012Revenue 2013: $10,453,986Expenses 2013: $10,307,318Net Income 2013: $146,6682013Revenue 2014: $10,112,834Expenses 2014: $9,970,890Net Income 2014: $141,9442014Revenue 2015: $13,001,091Expenses 2015: $11,862,576Net Income 2015: $1,138,5152015Revenue 2016: $9,849,644Expenses 2016: $10,539,810Net Income 2016: -$690,1662016Revenue 2017: $9,772,893Expenses 2017: $9,608,085Net Income 2017: $164,8082017Revenue 2018: $7,951,443Expenses 2018: $9,739,995Net Income 2018: -$1,788,5522018Revenue 2019: $7,894,087Expenses 2019: $8,305,516Net Income 2019: -$411,4292019Revenue 2020: $7,050,618Expenses 2020: $7,536,972Net Income 2020: -$486,3542020Revenue 2021: $8,271,640Expenses 2021: $7,519,280Net Income 2021: $752,3602021Revenue 2022: $10,047,490Expenses 2022: $7,840,528Net Income 2022: $2,206,9622022Revenue 2023: $12,334,988Expenses 2023: $9,543,276Net Income 2023: $2,791,7122023Revenue 2024: $6,278,937Expenses 2024: $8,796,664Net Income 2024: -$2,517,7272024

Highlighted filing

2024

Revenue$6,278,937
Expenses$8,796,664
Net Income-$2,517,727

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$0.64$7.86$6.28$8.80$2.52
2023Detailed filing. Detailed filing data is available for this year.$11.2$0.82$10.4$12.3$9.54$2.79
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.79$1.20$7.59$10.0$7.84$2.21
2021Detailed filing. Detailed filing data is available for this year.$7.45$2.06$5.38$8.27$7.52$0.75
2020Detailed filing. Detailed filing data is available for this year.$6.11$1.48$4.63$7.05$7.54$0.49
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.46$0.34$5.12$7.89$8.31$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.30$0.77$5.53$7.95$9.74$1.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$0.79$7.32$9.77$9.61$0.16
2016Summary only. Only limited summary data is available for this year.$8.39$1.23$7.15$9.85$10.5$0.69
2015Summary only. Only limited summary data is available for this year.$8.63$0.79$7.84$13.0$11.9$1.14
2014Summary only. Only limited summary data is available for this year.$7.24$0.53$6.70$10.1$9.97$0.14
2013Summary only. Only limited summary data is available for this year.$7.08$0.52$6.56$10.5$10.3$0.15
2012Summary only. Only limited summary data is available for this year.$7.05$0.63$6.42$9.40$9.36$0.04
2011Summary only. Only limited summary data is available for this year.$6.99$0.61$6.38$8.84$8.81$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$12,334,988
Mission and Program Overview

Mission

The organization prepares and supports visionary, passionate educators who lead schools that orient all their activities around accelerating student learning and academic growth.

To build the capacity of educational leaders, at every level of the system, to confront inequities and create the conditions necessary for all students to thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,321,833$7,856,215▲ $2,534,382
Pledges and Grants Receivable$1,734,426$1,831,809▲ $97,383
Accounts Receivable$1,321,229$1,348,928▲ $27,699
Prepaid Expenses and Deferred Charges$262,602$142,113▼ $120,489
Land, Buildings, and Equipment, Net$46,845$18,825▼ $28,020
Cash and Non-Interest-Bearing Accounts$814$2,245▲ $1,431
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$8,788,213$11,200,901▲ $2,412,688
Other Assets Total$100,464$766▼ $99,698
Liabilities
Accounts Payable and Accrued Expenses$1,198,137$819,401▼ $378,736
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,198,137$819,401▼ $378,736
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,742,290$5,925,040▲ $2,182,750
Net Assets Without Donor Restrictions$3,847,786$4,456,460▲ $608,674
Total Net Assets Fund Balance$7,590,076$10,381,500▲ $2,791,424
Total Liabilities and Net Assets / Fund Balance$8,788,213$11,200,901▲ $2,412,688

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,097$809,475$814,572
Other Land Buildings$13,728$475,911$489,639
Leasehold Improvements$0$27,304$27,304
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Nancy B GutierrezPresident & CEOFT$269,817$54,422$324,239
Michelle JarneyChief Learning & Strategy Off.FT$168,568$48,328$216,896
Mary Rice-bootheChief Access & Equity OfficerFT$169,400$45,401$214,801
Mary Jo DunningtonChief Operating OfficerFT$169,400$35,322$204,722
Philip BenowitzAssoc. VP, Client EngagementFT$144,400$37,893$182,293
Marianna ValdezAssoc. VP, Res. Eval. & ImpactFT$140,000$35,579$175,579
Carol Learned MillerChief of StaffFT$158,667$12,900$171,567
David BaizExecutive Director of ProgramsFT$151,900$18,937$170,837
Nicole CatheyNAT'AL DESIGNER & FACILITATORFT$141,826$25,381$167,207
Rachel ScottSR. Director LEARNING ServicesFT$124,918$41,248$166,166
Jessica CihalSR. Director LEARNING & StrategyFT$124,400$28,626$153,026
Anthony King 0822 - 1222Exec. Director of External Engmt.FT$63,749$15,027$78,776

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Policies Studies Associates INCConsulting1120 20TH STREET NW SUITE 200 N, Washington, DC 20036$310,731
Mikel RoyalConsulting2616 EAST CHERRY CREEK SOUTH DRIVE, Denver, CO 80209$156,000
Arabella Advisors LLCAccounting1828 L STREET SUITE 300, Washington, DC 20036$142,563
Learning ForwardConsulting504 S LOCUST STREET, Oxford, OH 45056$132,600
Bank Street College Of EducationProject mgmt. svcs.610 WEST 112TH STREET, New York, NY 10025$130,233
Revenue and Support

Revenue Composition

Contributions and Grants
$9,367,812
Program Service Revenue
$2,958,713
Investment Income
$598
Other Revenue
$7,865
All Other Contributions
$9,367,812
Change in Net Assets
$2,791,712

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,334,988
Revenue Not Reported on Form 990
$-288
Total Revenue per Audited Statements
$12,334,700
Total Revenue per Form 990
$12,334,988
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,952,506
Other Expenses$3,590,770
Total Fundraising Expense$335,892
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,446,886$620,900$114,982$3,182,768
Fees for Services Other$2,021,751$332,084$91,951$2,445,786
Current Officers, Directors, Trustees, and Key Employees$1,174,653$288,493$53,425$1,516,571
Other Employee Benefits$634,618$155,862$28,862$819,342
Payroll Taxes$273,105$67,074$12,421$352,600
Office Expenses$262,908$64,571$11,957$339,436
Conferences and Meetings$165,954$40,758$7,548$214,260
Information Technology$142,917$35,100$6,500$184,517
Travel$121,869$29,931$5,542$157,342
Fees for Services Accounting-$136,543-$136,543
Comp Disqual Persons$81,225--$81,225
Insurance$40,195$9,871$1,828$51,894
Depreciation Depletion-$8,212-$8,212
Other Expenses$1,285$316$59$1,660
Total Functional Expenses$7,385,342$1,822,042$335,892$9,543,276

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,543,276
Total Expenses per Audited Statements$9,543,276
Total Expenses per Form 990$9,543,276
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Irma ZardoyaFormer CEOConsultant for Program WorkNo$81,225

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

Form 990 is reviewed in detail by the audit committee and management, including the chief operating officer. Form 990 is then distributed to the board for their opportunity to review and ask questions prior to filing with the internal revenue service.

FORM 990, PART VI, SECTION B, LINE 12C:

Key employees submit a conflict of interest form to human resources annually and upon hire. Board members and officers submit a conflict of interest form to the executive vice president of external affairs upon appointment or hire and annually thereafter.

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

A COMPENSATION REVIEW IS CONDUCTED BY A QUALIFIED INDEPENDENT CONSULTANT EVERY THREE YEARS WITH THE MOST RECENT REVIEW UNDERTAKEN IN August 2022. THIS REVIEW GUIDES THE ORGANIZATION IN SETTING SALARY RANGES FOR THE DIFFERENT POSITIONS IN THE ORGANIZATION. IN THE INTERVENING YEARS, THE REPORTING ORGANIZATION'S STAFF GATHERS COMPENSATION DATA THROUGH FORM 990'S OF SIMILAR ORGANIZATIONS AND PUBLICLY AVAILABLE SALARY SURVEYS WHICH SENIOR MANAGEMENT UTILIZES TO ASSESS WHETHER SALARY RANGES ARE STILL APPROPRIATE. THE COMPENSATION COMMITTEE (MEMBERS OF THE INDEPENDENT BOARD) ALSO REVIEWS MARKET DATA INFORMATION AND RECOMMENDS COMPENSATION OF THE CEO, OTHER OFFICERS AND KEY EMPLOYEES TO THE FULL BOARD FOR APPROVAL THROUGH THE ANNUAL BUDGET PROCESS WHERE APPROVAL WAS CONDUCTED IN AN EXECUTIVE SESSION OF THE BOARD. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION REQUIREMENT WAS MET THROUGH THE ORGANIZATION'S BOARD MINUTES AND THAT OF THE COMPENSATION COMMITTEE.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Leadership Academy Inc
EIN
03-0503570
In Care Of
% JOSEPH BURKE
Phone
7186834192
Address
10-27 46th Ave Suite 101, LONG ISLAND CITY, NY 11101

Signing Officer

Name
Dr Nancy B Gutierrez
Title
CEO
Phone
7187527365
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Nancy B Gutierrez
Formed
2003
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
10
Employees
52
Volunteers
10

Preparer

Firm
Bdo USA
Address
200 PARK AVENUE 38TH FLOOR, NEW YORK, NY 10166
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:ellc facilitator fees total fees:920001

Form 990 Part IX Line 11G

Description:other professional fees total fees:1525785

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

Under accounting standards codification (asc) 740, income taxes, and organization must recognize the financial statement effects of a tax position taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination. The organization does not believe it has taken any material uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax benefits. The organization has filed for and received income tax exemptions in the jurisdictions where it is required to do so. For the year ended june 30, 2023, there were no interests or penalties recorded or included in the statement of activities. The organization is subject to routine audits by taxing authorities. As of june 30, 2023, the organization was not subject to any examination by a taxing authority.

Raw XML AppendixShowing 400 of 864 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0TO BUILD THE CAPACITY OF EDUCATIONAL LEADERS, AT EVERY LEVEL OF THE SYSTEM, TO CONFRONT INEQUITIES AND CREATE THE CONDITIONS NECESSARY FOR ALL STUDENTS TO THRIVE.
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IRS990/Desc0THE LEADERSHIP ACADEMY SUPPORTS GREATER ACADEMIC SUCCESS FOR STUDENTS THROUGH HIGH QUALITY SCHOOL AND DISTRICT LEADERSHIP PROGRAMS. IT DOES THIS BY BUILDING THE CAPACITY OF EDUCATION SYSTEMS ACROSS THE COUNTRY TO DEVELOP AND SUPPORT ITS' OWN LEADERS. THE LEADERSHIP ACADEMY ACHIEVES THIS THROUGH SEVERAL LEADERSHIP INITIATIVES OFFERED TO SCHOOLS NATIONALLY. PREPARING ASPIRING LEADERS - DEVELOPS LEADERS THROUGH A 14-MONTH LEADERSHIP DEVELOPMENT MODEL WHICH EQUIPS FUTURE PRINCIPALS TO CREATE THRIVING SCHOOLS THAT ADVANCE IMPROVED TEACHING AND LEARNING PRACTICES. SUPPORTING CURRENT SCHOOL LEADERS - PARTNERS WITH DISTRICTS AND STATES TO IMPLEMENT A STRATEGIC APPROACH TO PROFESSIONAL DEVELOPMENT BY ENGAGING IN STRATEGIC PLANNING, CURRICULUM DESIGN AND DELIVERY AND PROGRAM ASSESSMENT. SUPPORTING LEADERSHIP TEAMS - HELPS SCHOOL PRINCIPALS TO POSSESS THE ABILITY AND CAPACITY TO EFFECTIVELY COLLABORATE WITH THEIR FELLOW SCHOOL LEADERS AND TEACHERS TO SHARE RESPONSIBILITY AND ACCOUNTABILITY FOR SCHOOL IMPROVEMENT AND STUDENT achievement. SUPPORTING DISTRICT LEADERS - BUILDS DISTRICT LEADERS AND PRINCIPAL SUPERVISOR'S CAPACITY TO SUPPORT AND DEVELOP EFFECTIVE PRINCIPALS AND TO MANAGE SCHOOL LEADER PERFORMANCE. COACHING - PROVIDES LEADERSHIP COACHING, COACH TRAINING AND STRATEGIC CONSULTING FOR COACHING PROGRAMS TO HELP DISTRICTS, STATES, CHARTER SCHOOL, AND OTHER EDUCATION-FOCUSED ORGANIZATIONS THAT WORK WITH SCHOOLS TO LEVERAGE THE ROLE OF THE PRINCIPAL AS IT INFLUENCES STUDENT ACHIEVEMENT.
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IRS990/Form990PartVIISectionAGrp/PersonNm13DONALD F DONAHUE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF LEARNING & STRATEGY OFF.
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF ACCESS & EQUITY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSOC. VP, CLIENT ENGAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASSOC. VP, RES. EVAL. & IMPACT
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt7Executive Director of Programs
IRS990/Form990PartVIISectionAGrp/TitleTxt8NAT'AL DESIGNER & FACILITATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SR. DIR. LEARNING Services
IRS990/Form990PartVIISectionAGrp/TitleTxt10SR. DIR. LEARNING & Strategy
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXEC. DIR. OF EXTERNAL ENGMT.
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/MissionDesc0THE LEADERSHIP ACADEMY BUILDS THE CAPACITY OF EDUCATIONAL LEADERS, AT EVERY LEVEL OF THE SYSTEM, TO CONFRONT INEQUITIES AND CREATE THE CONDITIONS NECESSARY FOR ALL STUDENTS TO THRIVE.
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