Civic Intelligence

The Eagle Academy Foundation Inc.

990 • Fiscal year 2020 • EIN 20-1532382

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

Organization Profilewww.eafny.org

View Organization Page

31 West 125th StreetNew York, NY 10027

(212) 477-8370

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.34x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.18x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-45%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$301,429

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

2nd percentile

-38%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-40%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$1,468,297

Down $896,970 (-38%) from 2019

Net Assets

Down

$964,679

Down $1,260,003 (-57%) from 2019

Liabilities

Up

$503,618

Up $363,033 (+258%) from 2019

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin8th percentile

Revenue

Down

$2,852,450

Down $1,926,499 (-40%) from 2019

Expenses

Up

$4,124,796

Up $499,424 (+14%) from 2019

Net Income

Down

-$1,272,346

Down $2,425,923 (-210%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $152,549Liabilities 2010: $5,875Net Assets 2010: $146,6742010Assets 2011: $487,916Liabilities 2011: $453,606Net Assets 2011: $34,3102011Assets 2012: $519,197Liabilities 2012: $447,279Net Assets 2012: $71,9182012Assets 2013: $274,545Liabilities 2013: $165,300Net Assets 2013: $109,2452013Assets 2014: $734,589Liabilities 2014: $11,432Net Assets 2014: $723,1572014Assets 2015: $1,350,001Liabilities 2015: $12,036Net Assets 2015: $1,337,9652015Assets 2016: $1,376,934Liabilities 2016: $7,284Net Assets 2016: $1,369,6502016Assets 2017: $1,008,452Liabilities 2017: $11,536Net Assets 2017: $996,9162017Assets 2018: $1,328,204Liabilities 2018: $257,013Net Assets 2018: $1,071,1912018Assets 2019: $2,365,267Liabilities 2019: $140,585Net Assets 2019: $2,224,6822019Assets 2020: $1,468,297Liabilities 2020: $503,618Net Assets 2020: $964,6792020Assets 2021: $1,703,374Liabilities 2021: $553,073Net Assets 2021: $1,150,3012021Assets 2022: $2,434,762Liabilities 2022: $462,766Net Assets 2022: $1,971,9962022Assets 2023: $3,760,384Liabilities 2023: $541,593Net Assets 2023: $3,218,7912023Assets 2024: $5,566,278Liabilities 2024: $457,833Net Assets 2024: $5,108,4452024

Highlighted filing

2020

Assets$1,468,297
Liabilities$503,618
Net Assets$964,679
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $907,0802010Revenue 2011: $1,188,197Expenses 2011: $1,300,561Net Income 2011: -$112,3642011Revenue 2012: $1,650,168Expenses 2012: $1,612,560Net Income 2012: $37,6082012Expenses 2013: $1,741,3052013Revenue 2014: $2,405,630Expenses 2014: $1,791,817Net Income 2014: $613,8132014Revenue 2015: $2,453,047Expenses 2015: $1,838,058Net Income 2015: $614,9892015Revenue 2016: $2,440,822Expenses 2016: $2,409,043Net Income 2016: $31,7792016Revenue 2017: $2,254,808Expenses 2017: $2,618,459Net Income 2017: -$363,6512017Revenue 2018: $3,081,733Expenses 2018: $3,007,458Net Income 2018: $74,2752018Revenue 2019: $4,778,949Expenses 2019: $3,625,372Net Income 2019: $1,153,5772019Revenue 2020: $2,852,450Expenses 2020: $4,124,796Net Income 2020: -$1,272,3462020Revenue 2021: $4,164,199Expenses 2021: $3,988,893Net Income 2021: $175,3062021Revenue 2022: $4,116,740Expenses 2022: $3,292,634Net Income 2022: $824,1062022Revenue 2023: $4,734,015Expenses 2023: $3,487,220Net Income 2023: $1,246,7952023Revenue 2024: $5,652,136Expenses 2024: $3,762,482Net Income 2024: $1,889,6542024

Highlighted filing

2020

Revenue$2,852,450
Expenses$4,124,796
Net Income-$1,272,346
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.0
Gross Receipts
$2,852,450
Mission and Program Overview

Mission

To develop and support a network of all male, grades 6-12, college-preparatory public schools in challenged urban communities that educate and mentor young men into future leaders committed to excellence in character, scholastic achievement and community service, and to promote these principles nationally.The Foundation supports its: (1) Eagle Academy Network of Public Schools in New York City and Newark, New Jersey; and (2) Professional Development Institute

See organization's mission on schedule o.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,108,019$1,108,736▲ $717
Pledges and Grants Receivable$1,196,085$230,657▼ $965,428
Investments in Publicly Traded Securities$20,050$50,510▲ $30,460
Prepaid Expenses and Deferred Charges$12,332$37,920▲ $25,588
Land, Buildings, and Equipment, Net-$8,518-
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,365,267$1,468,297▼ $896,970
Other Assets Total$28,781$31,956▲ $3,175
Liabilities
Mortgage Notes Payable Secured by Investment Property-$203,500-
Deferred Revenue-$158,882-
Accounts Payable and Accrued Expenses$140,585$141,236▲ $651
Total Liabilities$140,585$503,618▲ $363,033
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,224,682$777,729▼ $1,446,953
Net Assets With Donor Restrictions-$186,950-
Total Net Assets Fund Balance$2,224,682$964,679▼ $1,260,003
Total Liabilities and Net Assets / Fund Balance$2,365,267$1,468,297▼ $896,970

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,518$1,189-
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David C BanksPresident/CEOFT$292,548$8,881$301,429
Elizabeth AlmonteChief Innov. Ofc.FT$208,723$9,038$217,761
Jawana JohnsonChief Acad OfficerFT$169,406$9,042$178,448
Donald RuffDirector of College PlnFT$132,885-$132,885
Schaunte M CollinsDev. DirectorFT$115,381$8,908$124,289
Kenita D LloydCOOFT$114,413$5,029$119,442
Aaron BarnetteDirector Strat Ptr&MentFT$110,453$8,829$119,282

Board Members and Trustees

NameTitle
A Mark Getachew EsqChairman
Carra WallaceDirector
Chapin BatesDirector
Felton JohnsonDirector
Joel I AlbarellaDirector
Monique L NelsonDirector
Paul T Williams JrDirector
Stephen NordahlDirector
Teresa EvansDirector
Vicki ZubovicDirector
William F BarrettDirector
Michael J GarnerSecretary
Douglas T Healy CFATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,733,367
Program Service Revenue
$1,118,696
Investment Income
$387
Other Revenue
$0
All Other Contributions
$1,266,206
Change in Net Assets
$-1,272,346

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,852,450
Revenue Not Reported on Form 990
$2,644,744
Total Revenue per Audited Statements
$5,497,194
Total Revenue per Form 990
$2,852,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,322,602
Salaries, Compensation, and Employee Benefits$1,802,194
Total Fundraising Expense$454,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$961,830$342,840$47,062$1,351,732
Other Salaries and Wages$893,901$105,745$145,039$1,144,685
Current Officers, Directors, Trustees, and Key Employees$107,444$214,889$107,444$429,777
Information Technology$150,230$36,169$10,544$196,943
Office Expenses$137,190$48,001$6,633$191,824
Occupancy$77,541$24,829$19,551$121,921
Payroll Taxes$73,724$23,552$18,589$115,865
Other Employee Benefits$71,378$22,491$17,998$111,867
Travel$67,221$39,443-$106,664
Fees for Services Accounting$65,360$3,429$16,479$85,268
Fees for Services Lobbying-$61,110-$61,110
Conferences and Meetings$35,115$12,639-$47,754
Advertising$13,308$1,368-$14,676
Other Expenses$638$3,968$2,850$7,456
Insurance$1,894$606$477$2,977
All Other Expenses$500$2,362-$2,862
Depreciation Depletion-$1,189-$1,189
Total Functional Expenses$2,711,207$959,276$454,313$4,124,796

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,757,197
Expenses per Audited Statements$4,124,796
Total Expenses per Form 990$4,124,796
Expenses Not Reported on Form 990$2,632,401
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Malcolm BanksFamily membr of PresIndependent ContractNo$10,500

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
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, Line 11B: Form 990 Review Process

“The Form 990 is reviewed and compared to prior year 990 by Finance and President/CEO for accuracy. It is also reviewed and approved by the Board Finance Committee.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The directors regularly complete and return to the organization the conflict of interest questionnaires.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The President/CEO salary is determined through a comparative analysis of similar non-profits and approved by the Board.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Salaries are determined through a comparative analysis of similar non-profits and approved by the Board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Financial statements are available on our website and upon request.Governance and conflict of interest policies are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Eagle Academy Foundation Inc
EIN
20-1532382
Phone
2124778370
Address
31 West 125th Street, NEW YORK, NY 10027

Signing Officer

Name
David C Banks
Title
President & CEO
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David C Banks
Formed
2004
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
0
Employees
21
Volunteers
133

Preparer

Firm
Watsonrice Llp
Address
5 PENN PLZ 15TH FL, NEW YORK, NY 10001
Preparer
Baruti Bediako CPA
Phone
2124477300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“OTHER PROGRAM SERVICES 4: School Capacity BuildingFOCUSED ON STRENGTHENING THE INFRASTRUCTURE AND OPERATIONS OF ITS SCHOOLS, EAFOFFERS ACADEMIC SUPPORT SERVICES, PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES,ASSISTS WITH TALENT RECRUITMENT EFFORTS AND SUPPORTS THE SCHOOL COMMUNITY BYLEVERAGING ADDITIONAL PARTNERSHIPS AND RESOURCES THAT ENABLE THE SCHOOL TO ACHIEVEITS GOALS. OTHER PROGRAM SERVICES 5: Other programs including general program, Ambassador program, and Fiscal Conduit.”

Financial Statement Notes

Part X : FIN48 Footnote

“The Foundation has evaluated the recognition requirements for uncertain tax positions as required by accounting principles generally accepted in the United States of America, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. Accordingly, the Foundation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2020 and 2019.The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for tax returns filed prior to 2017.”

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IRS990/Desc0Eagle InstituteWith the goal of improving the academic and life trajectories of young men of color, EAF operates the Eagle Institute to broaden the reach of Eagles proven model, beyond its Eagle Academies. Through training on Eagles model and practices and coaching services, the Eagle Institute enhances the capability of school educators to effectively meet the needs of male students of color and ultimately increase the number of schools with positive cultures and interventions intended to support the academic achievement and socio-emotional flourishing of black and Latino male students nationwide.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0David C Banks
IRS990/Form990PartVIISectionAGrp/PersonNm1Elizabeth Almonte
IRS990/Form990PartVIISectionAGrp/PersonNm2Jawana Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm3Donald Ruff
IRS990/Form990PartVIISectionAGrp/PersonNm4Schaunte M Collins
IRS990/Form990PartVIISectionAGrp/PersonNm5Kenita D Lloyd
IRS990/Form990PartVIISectionAGrp/PersonNm6Aaron Barnette
IRS990/Form990PartVIISectionAGrp/PersonNm7A Mark Getachew Esq
IRS990/Form990PartVIISectionAGrp/PersonNm8Douglas T Healy CFA
IRS990/Form990PartVIISectionAGrp/PersonNm9Michael J Garner
IRS990/Form990PartVIISectionAGrp/PersonNm10Joel I Albarella
IRS990/Form990PartVIISectionAGrp/PersonNm11William F Barrett
IRS990/Form990PartVIISectionAGrp/PersonNm12Chapin Bates
IRS990/Form990PartVIISectionAGrp/PersonNm13Teresa Evans
IRS990/Form990PartVIISectionAGrp/PersonNm14Carra Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm15Monique L Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm16Felton Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm17Paul T Williams Jr
IRS990/Form990PartVIISectionAGrp/PersonNm18Stephen Nordahl
IRS990/Form990PartVIISectionAGrp/PersonNm19Vicki Zubovic
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1208723
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2169406
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3132885
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4115381
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5114413
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6110453
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chief Innov. Ofc.
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chief Acad Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Dir of College Pln
IRS990/Form990PartVIISectionAGrp/TitleTxt4Dev. Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5COO
IRS990/Form990PartVIISectionAGrp/TitleTxt6Dir Strat Ptr&Ment
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0467161
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt010544
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt036169
IRS990/InformationTechnologyGrp/ProgramServicesAmt0150230
IRS990/InformationTechnologyGrp/TotalAmt0196943
IRS990/InsuranceGrp/FundraisingAmt0477
IRS990/InsuranceGrp/ManagementAndGeneralAmt0606
IRS990/InsuranceGrp/ProgramServicesAmt01894
IRS990/InsuranceGrp/TotalAmt02977
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0387
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0387
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt020050
IRS990/InvestmentsPubTradedSecGrp/EOYAmt050510
IRS990/IRPDocumentCnt0248
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01189
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08518
IRS990/LandBldgEquipCostOrOtherBssAmt09707
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To develop and support a network of all male, grades 6-12, college-preparatory public schools in challenged urban communities that educate and mentor young men into future leaders committed to excellence in character, scholastic achievement and community service, and to promote these principles nationally.The Foundation supports its: (1) Eagle Academy Network of Public Schools in New York City and Newark, New Jersey; and (2) Professional Development Institute
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0203500
IRS990/NetAssetsOrFundBalancesBOYAmt02224682
IRS990/NetAssetsOrFundBalancesEOYAmt0964679
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt012343
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0777729
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt019551
IRS990/OccupancyGrp/ManagementAndGeneralAmt024829
IRS990/OccupancyGrp/ProgramServicesAmt077541
IRS990/OccupancyGrp/TotalAmt0121921
IRS990/OfficeExpensesGrp/FundraisingAmt06633
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt048001
IRS990/OfficeExpensesGrp/ProgramServicesAmt0137190
IRS990/OfficeExpensesGrp/TotalAmt0191824
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt028781
IRS990/OtherAssetsTotalGrp/EOYAmt031956
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt017998
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022491
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt071378
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0111867
IRS990/OtherExpensesGrp/Desc0Special event
IRS990/OtherExpensesGrp/Desc1Stipends (Youth)
IRS990/OtherExpensesGrp/Desc2Bad Debt
IRS990/OtherExpensesGrp/Desc3External events
IRS990/OtherExpensesGrp/FundraisingAmt054092
IRS990/OtherExpensesGrp/FundraisingAmt17555
IRS990/OtherExpensesGrp/FundraisingAmt22850
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06146
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33968
IRS990/OtherExpensesGrp/ProgramServicesAmt021743
IRS990/OtherExpensesGrp/ProgramServicesAmt132190
IRS990/OtherExpensesGrp/ProgramServicesAmt2638
IRS990/OtherExpensesGrp/TotalAmt081981
IRS990/OtherExpensesGrp/TotalAmt133190
IRS990/OtherExpensesGrp/TotalAmt215055
IRS990/OtherExpensesGrp/TotalAmt37456
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0145039
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0105745
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0893901
IRS990/OtherSalariesAndWagesGrp/TotalAmt01144685
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IRS990/OwnWebsiteInd0X
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt018589
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023552
IRS990/PayrollTaxesGrp/ProgramServicesAmt073724
IRS990/PayrollTaxesGrp/TotalAmt0115865
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0230657
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012332
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037920
IRS990/PrincipalOfficerNm0David C Banks
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Fees for Service Rendered
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01118696
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01118696
IRS990/ProgSrvcAccomActy2Grp/Desc0EXTENDED LEARNING OPPORTUNITIESDuring time out of school, after school, on weekends, school breaks, and during summer, EAF provides Eagle scholars with academic and co-curricular enrichments including tutoring, Regents and SAT test preparation, sports and physical activities, arts, science, clubs and opportunities for mentoring, community service, local field trips and travel
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0786771
IRS990/ProgSrvcAccomActy3Grp/Desc0COLLEGE PREPARATIONThrough a comprehensive and systematic approach for college readiness, EAF reinforces the message and expectation that all scholars have a post-secondary plan including the goal of college entrance.College preparation starts early, with college awareness beginning at the 6th grade, multiple visits to and tours of college campuses, college counseling and planning through to end of 12th grade along with college and career fairs that expose students to the range of post-secondary opportunities that await them after they graduate from Eagle.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0574592
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt08500
IRS990/ProhibitedTaxShelterTransInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,468,297
Liabilities
$503,618
Net assets
$964,679
Revenue
$2,852,450
Expenses
$4,124,796
Net income
-$1,272,346
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$0.46$5.11$5.65$3.76$1.89
2023Summary only. Only limited summary data is available for this year.$3.76$0.54$3.22$4.73$3.49$1.25
2022Summary only. Only limited summary data is available for this year.$2.43$0.46$1.97$4.12$3.29$0.82
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.55$1.15$4.16$3.99$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.50$0.96$2.85$4.12$1.27
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.14$2.22$4.78$3.63$1.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.26$1.07$3.08$3.01$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.01$1.00$2.25$2.62$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.01$1.37$2.44$2.41$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.01$1.34$2.45$1.84$0.61
2014Summary only. Only limited summary data is available for this year.$0.73$0.01$0.72$2.41$1.79$0.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.17$0.11$1.74
2012Summary only. Only limited summary data is available for this year.$0.52$0.45$0.07$1.65$1.61$0.04
2011Summary only. Only limited summary data is available for this year.$0.49$0.45$0.03$1.19$1.30$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.15$0.91
Peer Organizations

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