Civic Intelligence

Peace Academy Charter

EIN 84-4164087 • 501(c)3 • Decatur, GA

Profile

Operation of a charter school.

1954 Candler RdDecatur, GA 30032

www.peaceacademycharter.org

Siviq Scores

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

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

1.72x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$6,601,181

Up $858,374 (+15%) from 2024

Liabilities

Up

$6,857,402

Up $1,300,230 (+23%) from 2024

Net Assets

Down

-$256,221

Down $441,856 (-238%) from 2024

Operations
Liabilities / Revenue89th percentileNet Margin19th percentile

Revenue

Up

$3,981,846

Up $910,557 (+30%) from 2024

Expenses

Up

$4,423,702

Up $1,482,710 (+50%) from 2024

Net Income

Down

-$441,856

Down $572,153 (-439%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2022: $67,816Liabilities 2022: $52Net Assets 2022: $67,7642022Assets 2023: $1,122,416Liabilities 2023: $1,067,078Net Assets 2023: $55,3382023Assets 2024: $5,742,807Liabilities 2024: $5,557,172Net Assets 2024: $185,6352024Assets 2025: $6,601,181Liabilities 2025: $6,857,402Net Assets 2025: -$256,2212025

Highlighted filing

2025

Assets$6,601,181
Liabilities$6,857,402
Net Assets-$256,221
Open 2025 Filing

Operations Trend

Revenue Growth78th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2022: $266,201Expenses 2022: $203,284Net Income 2022: $62,9172022Revenue 2023: $833,358Expenses 2023: $846,706Net Income 2023: -$13,3482023Revenue 2024: $3,071,289Expenses 2024: $2,940,992Net Income 2024: $130,2972024Revenue 2025: $3,981,846Expenses 2025: $4,423,702Net Income 2025: -$441,8562025

Highlighted filing

2025

Revenue$3,981,846
Expenses$4,423,702
Net Income-$441,856
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,601,181
Liabilities
$6,857,402
Net assets
-$256,221
Revenue
$3,981,846
Expenses
$4,423,702
Net income
-$441,856
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.60$6.86$0.26$3.98$4.42$0.44
2024Summary only. Only limited summary data is available for this year.$5.74$5.56$0.19$3.07$2.94$0.13
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$1.07$0.06$0.83$0.85$0.01
2022Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$0.27$0.20$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 30, 2025
Return Version
2024v5.2
Gross Receipts
$3,981,846
Mission and Program Overview

Mission

Operation of a charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,089,232$4,636,626▼ $452,606
Cash and Non-Interest-Bearing Accounts$220,480$304,635▲ $84,155
Prepaid Expenses and Deferred Charges$40,626$29,133▼ $11,493
Accounts Receivable$227,291$15,318▼ $211,973
Total Assets$5,742,807$6,601,181▲ $858,374
Other Assets Total$165,178$1,615,469▲ $1,450,291
Liabilities
Other Liabilities$3,379,066$4,841,356▲ $1,462,290
Unsecured Notes Loans Payable$2,090,920$1,778,694▼ $312,226
Accounts Payable and Accrued Expenses$87,186$237,352▲ $150,166
Total Liabilities$5,557,172$6,857,402▲ $1,300,230
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$185,635$-256,221▼ $441,856
Total Net Assets Fund Balance$185,635$-256,221▼ $441,856
Total Liabilities and Net Assets / Fund Balance$5,742,807$6,601,181▲ $858,374

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,004,901$550,280-
Leasehold Improvements$1,631,725$432,031-
Other Assets Org$1,615,469--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
Ebony KeysExecutive Director$134,171$134,171

Board Members and Trustees

NameTitle
Michael OlaiyaBoard Chair
Chaz Patterson-ellisVice Board Chair
Corlis BakerBoard Member
Staci ArringtonBoard Member
Stewart CorneliusBoard Member
Tyrell RoddeyBoard Member
Rachel FordBoard Secretary
Richard JacksonBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The School GourmetFood Program3362 CHAMBLEE TUCKER RD STE-C, Atlanta, GA 30341$151,133
Revenue and Support

Revenue Composition

Contributions and Grants
$439,336
Program Service Revenue
$3,282,957
Investment Income
$0
Other Revenue
$259,553
Change in Net Assets
$-441,856

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,981,846
Total Revenue per Audited Statements
$3,981,846
Total Revenue per Form 990
$3,981,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,423,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,226,017--$1,226,017
Other Expenses$166,689$780,523-$780,523
Total Functional Expenses$3,643,179$780,523$0$4,423,702

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,423,702
Total Expenses per Audited Statements$4,423,702
Total Expenses per Form 990$4,423,702
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$2,862,105
Net Pension Liability$1,458,813
Lease Liability Due Within One Year$297,281
Deferred Inflow$207,750
Other Liability$15,407
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

“All governing documents are located in the office of the school and available for public inspection upon request.”

Form 990 governing body review Part VI line 11

“Form 990 is reviewed by the board members before filling with authorities.”

Conflict of interest policy compliance Part VI line 12C

“All board members are required to disclose all conflict of interest while serving on the board.”

Governing documents etc available to public Part VI line 19

“All governing documents are located in the office of the school and available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Peace Academy Charter
EIN
84-4164087
In Care Of
% EBONY KEYS
Phone
4707220706
Address
1954 CANDLER RD, DECATUR, GA 30032

Signing Officer

Name
Ebony Keys
Title
Executive Director
Phone
4707220706
Signed
2025-08-30
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Legal Domicile
Ga
Voting Board Members
8
Independent Board Members
8
Employees
30

Preparer

Firm
Bambo Sonaike CPA LLC
Address
707 WHITLOCK AVE SUITE B-21, Marietta, GA 30064
Preparer
Adebambo Sonaike CPA
Phone
7709566455
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“SEE OTHER EXPENSES”

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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0432031
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NET PENSION LIABILITY
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVED STATE AND GOVERMNENTAL GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL GOVERNING DOCUMENTS ARE LOCATED IN THE OFFICE OF THE SCHOOL AND AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD MEMBERS BEFORE FILLING WITH AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL CONFLICT OF INTEREST WHILE SERVING ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE LOCATED IN THE OFFICE OF THE SCHOOL AND AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
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IRS990/VotingMembersGoverningBodyCnt08
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IRS990/WebsiteAddressTxt0WWW.PEACEACADEMYCHARTER.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EBONY KEYS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04707220706
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEACE ACADEMY CHARTER
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
ReturnHeader/Filer/EIN0844164087
ReturnHeader/Filer/InCareOfNm0% EBONY KEYS
ReturnHeader/Filer/PhoneNum04707220706
ReturnHeader/Filer/USAddress/AddressLine1Txt01954 CANDLER RD
ReturnHeader/Filer/USAddress/CityNm0DECATUR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030032
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900226617
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAMBO SONAIKE CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0707 WHITLOCK AVE SUITE B-21
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Marietta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030064
ReturnHeader/PreparerPersonGrp/PhoneNum07709566455
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11

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