Totals
- Total revenue
- $7,136,834
- Total expenses
- $7,055,724
- Contributions and grants received
- $3,952,899
- Grants paid
- $7,500
- Program service revenue
- $1,110,869
- Investment income
- $2,120,151
- Other revenue
- -$47,085
- Total assets, end of year
- $74,336,277
- Total liabilities, end of year
- $37,944
- Net assets or fund balances, end of year
- $74,298,333
- Program services expenses (Part IX)
- $5,630,754
- Management and general expenses
- $817,069
- Fundraising expenses
- $607,901
- Program service expenses (Part III)
- $5,630,754
Program services were 79.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$663,708
-
1f · All other contributions, gifts and grants
$3,289,191
-
1g · Noncash contributions included above
$149,548
-
2a · Program service revenue: TUITION
total $940,181 · related or exempt $940,181
-
2b · Program service revenue: SUMMER SCHOOL AND OTHER PROGRAMS
total $170,688 · related or exempt $170,688
-
3 · Investment income
total $1,821,566 · excluded $1,821,566
-
7a · Gross sales of assets other than inventory
securities $7,500,951
-
7b · Less cost or other basis and sales expenses
securities $7,202,366
-
7c · Gain or loss
securities $298,585
-
7d · Net gain or loss
total $298,585 · excluded $298,585
-
8a · Fundraising events: gross income
$30,520
-
8a · Fundraising events: contributions included on line 1c
$663,708
-
8b · Fundraising events: direct expenses
$80,748
-
8c · Net income from fundraising events
total -$50,228 · excluded -$50,228
-
11a · Other revenue: OTHER INCOME
total $3,143 · related or exempt $3,143
-
11e · Other revenue, total
$3,143
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $7,500 · program services $7,500
-
5 · Compensation of officers, directors and key employees
total $586,176 · program services $170,415 · management and general $212,978 · fundraising $202,783
-
7 · Other salaries and wages
total $3,096,220 · program services $2,656,403 · management and general $225,873 · fundraising $213,944
-
8 · Pension plan contributions
total $75,043 · program services $71,404 · management and general $3,567 · fundraising $72
-
9 · Other employee benefits
total $456,697 · program services $383,733 · management and general $47,564 · fundraising $25,400
-
10 · Payroll taxes
total $280,611 · program services $218,372 · management and general $31,383 · fundraising $30,856
-
11b · Fees: legal
total $15,109 · management and general $15,109
-
11c · Fees: accounting
total $38,500 · management and general $38,500
-
11e · Fees: professional fundraising services
total $18,350 · fundraising $18,350
-
11f · Fees: investment management
total $55,654 · management and general $55,654
-
11g · Fees: other
total $302,245 · program services $199,758 · management and general $56,374 · fundraising $46,113
-
12 · Advertising and promotion
total $20,441 · management and general $10,797 · fundraising $9,644
-
13 · Office expenses
total $34,250 · program services $14,622 · management and general $13,221 · fundraising $6,407
-
14 · Information technology
total $55,770 · program services $39,059 · management and general $16,592 · fundraising $119
-
16 · Occupancy
total $180,197 · program services $176,343 · management and general $2,056 · fundraising $1,798
-
19 · Conferences, conventions and meetings
total $34,681 · program services $29,294 · management and general $5,073 · fundraising $314
-
22 · Depreciation, depletion and amortization
total $865,302 · program services $856,648 · management and general $4,327 · fundraising $4,327
-
23 · Insurance
total $112,072 · program services $111,008 · management and general $532 · fundraising $532
-
24a · Other expenses: FOOD
total $301,657 · program services $300,798 · management and general $859
-
24b · Other expenses: SUPPLIES
total $256,093 · program services $196,076 · management and general $36,651 · fundraising $23,366
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $111,427 · program services $108,581 · management and general $1,741 · fundraising $1,105
-
24d · Other expenses: STUDENT ACTIVITIES
total $68,310 · program services $68,177 · fundraising $133
-
24e · All other expenses
total $83,419 · program services $22,563 · management and general $38,218 · fundraising $22,638
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,893,274 · end of year $1,993,371
-
2 · Savings and temporary cash investments
beginning of year $1,181,375 · end of year $1,709,025
-
3 · Pledges and grants receivable
beginning of year $160,705 · end of year $112,746
-
4 · Accounts receivable
beginning of year $59,405 · end of year $60,932
-
9 · Prepaid expenses and deferred charges
beginning of year $65,640 · end of year $43,804
-
10a · Land, buildings and equipment: cost or other basis
$22,737,606
-
10b · Land, buildings and equipment: accumulated depreciation
$9,481,686
-
10c · Land, buildings and equipment, net
beginning of year $13,944,589 · end of year $13,255,920
-
11 · Investments: publicly traded securities
beginning of year $50,915,711 · end of year $55,713,978
-
15 · Other assets
beginning of year $1,446,501 · end of year $1,446,501
-
17 · Accounts payable and accrued expenses
beginning of year $11,346 · end of year $27,816
-
19 · Deferred revenue
beginning of year $8,128 · end of year $10,128
-
27 · Net assets without donor restrictions
beginning of year $28,907,373 · end of year $29,403,469
-
28 · Net assets with donor restrictions
beginning of year $40,740,353 · end of year $44,894,864
Mission and programs · 2023
Mission
SEE SCHEDULE O.CITY ACADEMY TRANSFORMS CHILDREN, FAMILIES AND OUR COMMUNITY THROUGH EXCEPTIONAL EDUCATION AND BOLD EXPECTATIONS THAT EMPOWER CHILDREN TO OVERCOME BARRIERS.
Activities or mission (Part I)
CITY ACADEMY TRANSFORMS CHILDREN, FAMILIES, AND OUR COMMUNITY THROUGH EXCEPTIONAL EDUCATION AND BOLD EXPECTATIONS THAT EMPOWER CHILDREN TO OVERCOME BARRIERS.
-
SEE SCHEDULE OCITY ACADEMY WAS FOUNDED ON THE BELIEF THAT FAMILY INCOME SHOULD NOT DETERMINE A CHILD'S ACCESS TO AN EXCEPTIONAL EDUCATION. THE SCHOOL SERVES COMMITTED FAMILIES WHOSE EDUCATIONAL OPPORTUNITIES ARE LIMITED DUE TO ECONOMIC OR GEOGRAPHIC FACTORS. CITY ACADEMY PROVIDES EDUCATIONAL PROGRAMMING TO CHILDREN AGES THREE THROUGH GRADE SIX, AND HAS AN ENROLLMENT OF 221 STUDENTS FOR THE 2023-2024 SCHOOL YEAR. FAMILIES COME FROM 45 ZIP CODES, AND 90% LIVE IN COMMUNITIES WITH UNDERPERFORMING SCHOOLS. THE SCHOOL IS THE ONLY PRIVATE, INDEPENDENT ELEMENTARY SCHOOL IN ST. LOUIS OFFERING SCHOLARSHIP SUPPORT TO 100% OF ITS STUDENTS. CITY ACADEMY FOSTERS A CULTURE OF INTEGRITY, CITIZENSHIP, AND ACADEMIC RIGOR. SMALL CLASSES AND DEDICATED FACULTY PREPARE STUDENTS FOR SECONDARY SCHOOL SUCCESS. GRADUATES CURRENTLY ATTEND CHAMINADE, CROSSROADS, INCARNATE WORD, JOHN BURROUGHS, MICDS, PRIORY, THOMAS JEFFERSON, VILLA, WESTMINSTER, AND WHITFIELD SCHOOL (THE SCHOOL DOES NOT RECOGNIZE "GRANT EXPENSE" FOR THE FINANCIAL AID PROVIDED. PLEASE REFER TO SCHEDULE I SUPPLEMENTAL INFORMATION SECTION "ACCOUNTING POLICY FOR TUITION AID" FOR FURTHER INFORMATION.)
Expenses $5,630,754 · Grants $7,500 · Revenue $1,114,012
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Don Danforth IIIDON DANFORTH III
PRESIDENT
- Total calculated
- $124,323
- From this org
- $101,902
- From related orgs
- $0
- Other
- $22,421
- Hours/week
- 45
-
Michelle StrawbridgeMICHELLE STRAWBRIDGE
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Akberet Boykin FarrAKBERET BOYKIN FARR
FIRST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Peter SwankPETER SWANK
SECOND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Becky YoungBECKY YOUNG
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ginger SmithGINGER SMITH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Stuart CampbellSTUART CAMPBELL
AT-LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kerrigan KaplanKERRIGAN KAPLAN
AT-LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David CramerDAVID CRAMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michelle CohenMICHELLE COHEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andy CowenANDY COWEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jiamin DierbergJIAMIN DIERBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Hazel DonaldHAZEL DONALD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pamela FordPAMELA FORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer GaffordJENNIFER GAFFORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dan GeratyDAN GERATY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeff GilesJEFF GILES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen HallKATHLEEN HALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bob HarrisonBOB HARRISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marty LyonsMARTY LYONS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Vicki MayVICKI MAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marjorie MeltonMARJORIE MELTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jason MillsJASON MILLS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shawn MooreSHAWN MOORE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah MullenSARAH MULLEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael SmallMICHAEL SMALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Heather StrahornHEATHER STRAHORN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris ThompsonCHRIS THOMPSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James E Williams JrJAMES E WILLIAMS JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jarrett YoungJARRETT YOUNG
HEAD OF SCHOOL
- Total calculated
- $166,584
- From this org
- $159,319
- From related orgs
- $0
- Other
- $7,265
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $159,319
- Bonus
- $0
- Other
- $0
- Deferred
- $650
- Nontaxable benefits
- $6,615
- Filer's total
- $166,584
-
Janice BaileyJANICE BAILEY
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $137,721
- From this org
- $121,013
- From related orgs
- $0
- Other
- $16,708
- Hours/week
- 45
-
Brian GrossBRIAN GROSS
CHIEF FINANCIAL OFFICER
- Total calculated
- $140,700
- From this org
- $127,148
- From related orgs
- $0
- Other
- $13,552
- Hours/week
- 45
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CITY ACADEMY REAL ESTATE LLC
REAL ESTATE · MO · income $0 · assets $911,490
Directly controlled by CITY ACADEMY INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500579349300100
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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