Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
EIN 23-2955661 • 501(c)3 • Lancaster, PA
Profile
La academia is a small learning community that accepts all students with the purpose of providing a quality education where students discover their unique talents which prepare them for the 21st century and its challenges.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
64th percentile
Higher top officer pay than 64% of similar nonprofits.
Top officer pay equals 3.2% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Assets
Up$5,477,911
Up $928,223 (+20%) from 2023
Liabilities
Up$7,410,777
Up $1,349,682 (+22%) from 2023
Net Assets
Down-$1,932,866
Down $421,459 (-28%) from 2023
Revenue
Up$5,251,561
Up $181,152 (+3.6%) from 2023
Expenses
Up$5,673,020
Up $442,707 (+8.5%) from 2023
Net Income
Down-$421,459
Down $261,555 (-164%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
La academia is a dynamic learning community sustained by partnerships to transform today's learners into tomorrow's leaders through innovative instruction, comprehensive scholar supports, cultural proficiency, and work-based learning.
La academia provides scholars grades 6-12 with a unique opportunity to focus on 21st century learning.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | - | $899,204 | - |
| Cash and Non-Interest-Bearing Accounts | $429,604 | $795,249 | ▲ $365,645 |
| Pledges and Grants Receivable | $382,404 | $327,965 | ▼ $54,439 |
| Accounts Receivable | $914,634 | $300,701 | ▼ $613,933 |
| Prepaid Expenses and Deferred Charges | $98,829 | $59,880 | ▼ $38,949 |
| Land, Buildings, and Equipment, Net | $96,817 | $34,702 | ▼ $62,115 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $96,817 | $-31,396 | ▼ $128,213 |
| Rtn Earn Endowment Incm Other Fnds | $-1,608,224 | $-1,901,470 | ▼ $293,246 |
| Total Assets | $4,549,688 | $5,477,911 | ▲ $928,223 |
| Other Assets Total | $2,627,400 | $3,060,210 | ▲ $432,810 |
| Liabilities | |||
| Other Liabilities | $5,506,311 | $6,299,299 | ▲ $792,988 |
| Accounts Payable and Accrued Expenses | $439,693 | $1,073,692 | ▲ $633,999 |
| Deferred Revenue | $115,091 | $37,786 | ▼ $77,305 |
| Total Liabilities | $6,061,095 | $7,410,777 | ▲ $1,349,682 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-1,511,407 | $-1,932,866 | ▼ $421,459 |
| Total Liabilities and Net Assets / Fund Balance | $4,549,688 | $5,477,911 | ▲ $928,223 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $34,702 | $968,872 | $1,003,574 |
| Other Assets Org | $91,000 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mark Simms | CEO | FT | $118,239 | $47,220 | $165,459 |
| Amy Ferg | Principal (e | FT | $103,119 | $40,571 | $143,690 |
| Jasson Read-jean | CFO | FT | $83,967 | $17,034 | $101,001 |
| Elizabeth Landis | Principal | FT | $12,958 | $4,737 | $17,695 |
| Name | Title |
|---|---|
| Colleen Wagner | President |
| Brandon Wilt | Trustee |
| Gloria Nyutu-blackman | Trustee |
| James Rovito | Trustee |
| Jessica Gehman | Trustee |
| Leo Silva | Trustee |
| Christina Williams | Trustee (11/ |
| Angel Rosario | Trustee (7/1 |
| Aidalis Lopez | Secretary |
| Guy Kingree | Treasurer |
| Chris Boyd | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $4,192,036 |
| Other Expenses | $1,480,984 |
| Total Fundraising Expense | $59,579 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,333,809 | $146,108 | - | $2,479,917 |
| Pension Plan Contributions | $695,976 | $43,571 | - | $739,547 |
| Current Officers, Directors, Trustees, and Key Employees | - | $394,347 | $55,340 | $449,687 |
| Depreciation Depletion | $336,845 | - | - | $336,845 |
| Office Expenses | $183,198 | $135,979 | - | $319,177 |
| Other Employee Benefits | $280,911 | $17,586 | - | $298,497 |
| Payroll Taxes | $178,754 | $41,395 | $4,239 | $224,388 |
| Fees for Services Other | $196,201 | - | - | $196,201 |
| Fees for Services Accounting | - | $140,078 | - | $140,078 |
| Fees for Services Management | $125,197 | - | - | $125,197 |
| Interest | - | $113,519 | - | $113,519 |
| Information Technology | $2,734 | $59,249 | - | $61,983 |
| Occupancy | $30,640 | $1,190 | - | $31,830 |
| Fees for Services Legal | - | $16,577 | - | $16,577 |
| Advertising | - | $13,433 | - | $13,433 |
| Insurance | - | $13,190 | - | $13,190 |
| Travel | $1,800 | - | - | $1,800 |
| Other Expenses | $22,871 | $35 | - | $35 |
| Total Functional Expenses | $4,470,781 | $1,142,660 | $59,579 | $5,673,020 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $5,682,503 |
| Expenses per Audited Statements | $5,673,020 |
| Total Expenses per Form 990 | $5,673,020 |
| Expenses Not Reported on Form 990 | $9,483 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $9,483 |
| Fundraising Gross Income | $1,404 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Pension Liability | $4,671,000 |
| Lease Obligation - Long-term | $1,006,805 |
| Lease Obligation - Current | $249,503 |
| Other Post Employment Benefits | $188,000 |
| Deferred Inflow - Pension | $116,991 |
| Deferred Inflow - Opeb | $67,000 |
“Mark simms jerry johnson ceo athletic dir cousin jasson read-jean lyana torres cfo teacher married”
“The 990 will initially be reviewed by the finance committee. Once the return is reviewed and approved, the finance committee will recommend it for acceptance to the board. Each board director will receive a copy of the return before the return is filed with the irs.”
“Potential conflicts of interest should be reported to the employee's immediate supervisor or next highest level of supervision that is not involved in the conflict. If a conflict is reported, the employee with the conflict will defer procurement responsibility to the business office. If the conflict of interest exists in the business office, the chief executive officer will lead in the procurement process or may defer to another administrative team member. A written statement from the employee that has been recused from the procurement process will be placed with the quote documentation or purchase order.”
“The personnel committee will set compensation for the ceo, and the ceo will set the compensation for any key employees with the board's approval through a budget process. The organization does compare salaries with other similar non-profit organizations to confirm the salary is within fair market value range.”
“The organization provides the governing documents, conflict of interest policy and financial statements upon request.”
“La academia is a dynamic learning community sustained by partnerships to transform today's learners into tomorrow's leaders through innovative instruction, comprehensive scholar supports, cultural proficiency, and work-based learning.”
“As we reflect on the past academic year at la academia partnership charter school, i am delighted to share our most notable highlights with you: graudation success: we proudly announce that la academia partnership charter school graduated a full senior class of 30 students in the 2023- 2024 academic year. This achievement is a testament to the hard work and dedication of both our students and educators. This accomplishment demonstrates the resilience and commitment of the entire la academia community to academic excellence and student success. As we move forward into the new academic year, we remain steadfast in our dedication to providing a nurturing and inclusive learning environment where every student can thrive. Thank you for your continued support of la academia partnership charter school. Together, we will continue to inspire and empower the next generation of leaders.”
“Fundraising expenses 9,483 fundraising expenses -9,483”
“Fundraising expenses 9,483”
“Fundraising expenses 9,483”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 300701 |
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| IRS990/Desc | 0 | AS WE REFLECT ON THE PAST ACADEMIC YEAR AT LA ACADEMIA PARTNERSHIP CHARTER SCHOOL, I AM DELIGHTED TO SHARE OUR MOST NOTABLE HIGHLIGHTS WITH YOU: GRAUDATION SUCCESS: WE PROUDLY ANNOUNCE THAT LA ACADEMIA PARTNERSHIP CHARTER SCHOOL GRADUATED A FULL SENIOR CLASS OF 30 STUDENTS IN THE 2023- 2024 ACADEMIC YEAR. THIS ACHIEVEMENT IS A TESTAMENT TO THE HARD WORK AND DEDICATION OF BOTH OUR STUDENTS AND EDUCATORS. THIS ACCOMPLISHMENT DEMONSTRATES THE RESILIENCE AND COMMITMENT OF THE ENTIRE LA ACADEMIA COMMUNITY TO ACADEMIC EXCELLENCE AND STUDENT SUCCESS. AS WE MOVE FORWARD INTO THE NEW ACADEMIC YEAR, WE REMAIN STEADFAST IN OUR DEDICATION TO PROVIDING A NURTURING AND INCLUSIVE LEARNING ENVIRONMENT WHERE EVERY STUDENT CAN THRIVE. THANK YOU FOR YOUR CONTINUED SUPPORT OF LA ACADEMIA PARTNERSHIP CHARTER SCHOOL. TOGETHER, WE WILL CONTINUE TO INSPIRE AND EMPOWER THE NEXT GENERATION OF LEADERS. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE (11/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE |
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| IRS990/FormationYr | 0 | 1998 |
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| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 324279 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
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| IRS990/GrossReceiptsAmt | 0 | 5261044 |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990/InfoInScheduleOPartXIInd | 0 | X |
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| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 2734 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 61983 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 13190 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13190 |
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| IRS990/InterestGrp/TotalAmt | 0 | 113519 |
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| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | LA ACADEMIA IS A DYNAMIC LEARNING COMMUNITY SUSTAINED BY PARTNERSHIPS TO TRANSFORM TODAY'S LEARNERS INTO TOMORROW'S LEADERS THROUGH INNOVATIVE INSTRUCTION, COMPREHENSIVE SCHOLAR SUPPORTS, CULTURAL PROFICIENCY, AND WORK-BASED LEARNING. |
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| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 183198 |
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| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
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| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND FEES |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 35 |
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| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6403 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 35 |
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| IRS990/ProgramServiceRevenueGrp/Desc | 3 | IDEA PROGRAM REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | SCHOOL LUNCH PROGRAM REVENUE |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 98613 |
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| IRS990/PYOtherRevenueAmt | 0 | 9776 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 4608809 |
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| IRS990/RelatedEntityInd | 0 | true |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
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| IRS990ScheduleA/SchoolInd | 0 | X |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990/ScheduleBRequiredInd | 0 | true |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | OTHER POST EMPLOYMENT BENEFITS |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 6299299 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5251561 |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 5682503 |
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| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
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| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
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