Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 2.9% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Flat$25,464
Flat from 2023
Net Assets
$25,464
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Flat$122,902
Flat from 2023
Expenses
Flat$97,438
Flat from 2023
Net Income
Flat$25,464
Flat from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- Dec 14, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $122,902
Mission and Program Overview
Mission
Private nbsp;school nbsp;- nbsp;accredited nbsp;educational nbsp;services
Private School- Accredited Educational Services
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Description of Services: The Self-Paced Non-Traditional Learning System at Schelastic Academy is at the heart of our innovative approach to education. This digital learning center is designed to provide students with a flexible and personalized learning experience. It encompasses a three-tier program that empowers parents to tailor educational services to their unique needs and budget preferences. This program allows students to learn at their own pace bridging gaps in knowledge and accelerating their learning journey. Number of Persons Benefited: The Self-Paced Non-Traditional Learning System has been instrumental in transforming the educational experiences of 150 students at Schelastic Academy offering them a dynamic and adaptive learning environment. Key Accomplishments: One of the program's significant accomplishments is its ability to remediate weaknesses and accelerate learning. Students who struggled with traditional learning methods have found success and gained confidence. | $0 | $5,000 |
| Description of Services: The Invention Convention Program at Schelastic Academy is a dynamic initiative aimed at nurturing young minds' creativity critical thinking and innovation. Through this program students are encouraged to identify real-world problems and develop innovative solutions using STEM Science Technology Engineering and Mathematics principles. Students receive guidance mentorship and resources to create inventions that address various challenges.Number of Persons Benefited: The Invention Convention Program has positively impacted a significant number of Schelastic Academy students providing them with a platform to explore their inventive ideas and develop problem-solving skills. Over the past year it engaged and benefited 20 students.Key Accomplishments: One of the most remarkable accomplishments of the Invention Convention Program was sending a group of students to the National Invention Convention in Detroit Michigan. | $0 | $5,000 |
| Description of Services: The Student Support System at Schelastic Academy is a comprehensive and compassionate program that goes to the heart of our educational approach. It is centered on helping our students understand Number of Persons Benefited: The Student Support System has been a lifeline for numerous students facing various challenges including anxiety depression suicidal thoughts and those with special needs in a traditional classroom. Over the past year it has positively impacted students leading them on a transformative journey towards personal and spiritual growth.Key Accomplishments: Through our Student Support System we have witnessed remarkable transformations in the lives of our students. Several students have not only found solace and healing but have also come to embrace Christ and chosen to be baptized. These profound experiences have altered the trajectory of their lives leading to increased joy resilience and a stronger sense of identity in Christ. | $0 | $1,000 |
| Serve and Celebrate Community Service Program; Dual Credit through DBU and LU; Entrepreneur Incubator; "Shark Tank" with 100x Mentorship | $0 | $500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Laura Galindo | President And Executive Director | FT | $3,550 | - | $3,550 |
| Amorina Galindo | Educational Assistant | PT | $2,850 | - | $2,850 |
| Darmetreis Kilgore | Presentor | PT | $1,650 | - | $1,650 |
| George Daniel Galindo | Operations Manager | PT | $890 | - | $890 |
| Jennifer Block | Board Member | PT | $0 | - | - |
| Zonia Rodriguez | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Schelastic Academy
- EIN
- 47-3272404
- In Care Of
- % Laura Galindo
- Address
- 5732 West Interstate 20, Arlington, TX 76017
Signing Officer
- Name
- Laura Galindo
- Title
- President
- Signed
- 2023-12-14
- Discuss with paid preparer
- No
Supplemental Narrative
Additional Explanations
Doing Business As Names
“Schelastic Academy”
Part I, line 16
“| Other Expenses:, Amount:| Office Depot Supplies-Consumables and Fax, $220.00| Office Supply- Consumables, $7729.00| Bank Fees and Services Charges, $624.00| Equipment Rental, $162.00| Technology, $681.00| Small tools and Equipment, $821.00| Software and Apps, $1885.00| Meals and Entertainment, $7514.00| Travel, $2664.00| Owner Distribution, $642.00| Miscellaneous Expenses, $46.00| Vehicle Expense, $1466.00| Other Insurance and Govt Fee for online form $1.00, $67.00|”
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| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | We have not provided scholarships yet. We go through a third party ACE. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 2 | We received GEER grant for supplies and supplementing learning for students affected during 2020. |
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| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part 1, line 4 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| Office Depot Supplies-Consumables and Fax, $220.00| Office Supply- Consumables, $7729.00| Bank Fees and Services Charges, $624.00| Equipment Rental, $162.00| Technology, $681.00| Small tools and Equipment, $821.00| Software and Apps, $1885.00| Meals and Entertainment, $7514.00| Travel, $2664.00| Owner Distribution, $642.00| Miscellaneous Expenses, $46.00| Vehicle Expense, $1466.00| Other Insurance and Govt Fee for online form $1.00, $67.00| |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $25,464
- Liabilities
- -
- Net assets
- $25,464
- Revenue
- $122,902
- Expenses
- $97,438
- Net income
- $25,464