Totals
- Total revenue
- $18,040,576
- Total expenses
- $19,178,295
- Contributions and grants received
- $2,190,454
- Grants paid
- $4,250
- Program service revenue
- $15,788,928
- Investment income
- $9,437
- Other revenue
- $51,757
- Total assets, end of year
- $30,136,307
- Total liabilities, end of year
- $6,409,479
- Net assets or fund balances, end of year
- $23,726,828
- Program services expenses (Part IX)
- $17,252,076
- Management and general expenses
- $1,923,219
- Fundraising expenses
- $3,000
- Program service expenses (Part III)
- $17,252,076
Program services were 90.0% 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.
-
1e · Government grants (contributions)
$2,139,904
-
1f · All other contributions, gifts and grants
$50,550
-
1g · Noncash contributions included above
$53,325
-
2a · Program service revenue: STATE AND LCOAL PER PUPIL OPERATI
total $13,421,670 · related or exempt $13,421,670
-
2b · Program service revenue: FEES FROM GOV'T TO PERFORM SERVIC
total $2,367,258 · related or exempt $2,367,258
-
3 · Investment income
total $9,437 · excluded $9,437
-
11a · Other revenue: STUDENT FEES
total $29,964 · related or exempt $29,964
-
11d · All other revenue
total $21,793 · related or exempt $21,793
-
11e · Other revenue, total
$51,757
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,250 · program services $4,250
-
5 · Compensation of officers, directors and key employees
total $70,576 · program services $62,322 · management and general $8,254
-
7 · Other salaries and wages
total $8,622,045 · program services $7,610,353 · management and general $1,011,692
-
8 · Pension plan contributions
total $45,005 · program services $39,813 · management and general $5,192
-
9 · Other employee benefits
total $968,409 · program services $856,683 · management and general $111,726
-
10 · Payroll taxes
total $585,898 · program services $518,302 · management and general $67,596
-
11a · Fees: management
total $1,776,829 · program services $1,608,609 · management and general $165,220 · fundraising $3,000
-
11c · Fees: accounting
total $26,684 · management and general $26,684
-
11g · Fees: other
total $489,517 · program services $440,640 · management and general $48,877
-
12 · Advertising and promotion
total $417 · program services $378 · management and general $39
-
13 · Office expenses
total $319,808 · program services $262,898 · management and general $56,910
-
14 · Information technology
total $644,218 · program services $597,198 · management and general $47,020
-
16 · Occupancy
total $665,763 · program services $602,990 · management and general $62,773
-
19 · Conferences, conventions and meetings
total $83,933 · program services $75,987 · management and general $7,946
-
22 · Depreciation, depletion and amortization
total $1,762,710 · program services $1,595,827 · management and general $166,883
-
23 · Insurance
total $169,504 · program services $153,456 · management and general $16,048
-
24a · Other expenses: FOOD SERVICES
total $816,324 · program services $816,324
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $682,600 · program services $618,284 · management and general $64,316
-
24c · Other expenses: STUDENT SERVICES
total $528,322 · program services $502,245 · management and general $26,077
-
24d · Other expenses: SUPPLIES/MATERIALS
total $514,438 · program services $511,567 · management and general $2,871
-
24e · All other expenses
total $401,045 · program services $373,950 · management and general $27,095
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,141,580 · end of year $3,213,220
-
2 · Savings and temporary cash investments
beginning of year $1,020 · end of year $0
-
4 · Accounts receivable
beginning of year $944,741 · end of year $1,226,368
-
9 · Prepaid expenses and deferred charges
beginning of year $402,260 · end of year $735,407
-
10a · Land, buildings and equipment: cost or other basis
$42,992,357
-
10b · Land, buildings and equipment: accumulated depreciation
$21,879,382
-
10c · Land, buildings and equipment, net
beginning of year $22,531,859 · end of year $21,112,975
-
14 · Intangible assets
beginning of year $2,511,328 · end of year $2,383,278
-
15 · Other assets
beginning of year $1,813,240 · end of year $1,465,059
-
17 · Accounts payable and accrued expenses
beginning of year $591,217 · end of year $880,532
-
19 · Deferred revenue
beginning of year $403,436 · end of year $971,384
-
23 · Secured mortgages and notes payable
beginning of year $1,426,085 · end of year $1,389,908
-
25 · Other liabilities
beginning of year $4,060,743 · end of year $3,167,655
-
27 · Net assets without donor restrictions
beginning of year $24,862,981 · end of year $23,725,502
-
28 · Net assets with donor restrictions
beginning of year $1,566 · end of year $1,326
Mission and programs · 2023
Mission
AMISTAD ACADEMY, INC. WAS INCORPORATED TO FOCUS ON STRENGTHENING THE ACADEMIC AND CHARACTER SKILLS NEEDED FOR ALL STUDENTS TO EXCEL IN TOP TIER COLLEGES, TO ACHIEVE SUCCESS IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS IN THEIR COMMUNITIES. THE SCHOOL SERVES STUDENTS FROM LOW INCOME HOUSEHOLDS IN NEW HAVEN, CONNECTICUT. THE SCHOOL OPERATED CLASSES FOR STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES.
-
EDUCATIONAL PROGRAMS FOR STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES.
Expenses $17,252,076 · Grants $4,250 · Revenue $15,840,685
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Camilia Novo-VianoCAMILIA NOVO-VIANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jen AlexanderJEN ALEXANDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda DarkwahLINDA DARKWAH
TEACHER REP
- Total calculated
- $70,576
- From this org
- $56,708
- From related orgs
- $0
- Other
- $13,868
- Hours/week
- 40
-
Lorraine GibbonsLORRAINE GIBBONS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Patricia SweetPATRICIA SWEET
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Shannelle WhyteSHANNELLE WHYTE
PARENT REP
- Total calculated
- $0
- Hours/week
- 1
-
Yashira AgostoYASHIRA AGOSTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zihan SuZIHAN SU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrew E PooleANDREW E POOLE
ACADEMIC DEAN
- Total calculated
- $172,342
- From this org
- $136,901
- From related orgs
- $0
- Other
- $35,441
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,281
- Bonus
- $6,485
- Other
- $135
- Deferred
- $0
- Nontaxable benefits
- $35,441
- Filer's total
- $172,342
-
Jasmine S WattsJASMINE S WATTS
PRINCIPAL
- Total calculated
- $150,430
- From this org
- $134,719
- From related orgs
- $0
- Other
- $15,711
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,776
- Bonus
- $4,784
- Other
- $159
- Deferred
- $2,500
- Nontaxable benefits
- $13,211
- Filer's total
- $150,430
-
Lauren RaimondiLAUREN RAIMONDI
PRINCIPAL
- Total calculated
- $173,517
- From this org
- $130,636
- From related orgs
- $0
- Other
- $42,881
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $123,674
- Bonus
- $6,854
- Other
- $108
- Deferred
- $2,500
- Nontaxable benefits
- $40,381
- Filer's total
- $173,517
-
Simon ObasSIMON OBAS
PRINCIPAL
- Total calculated
- $190,188
- From this org
- $187,688
- From related orgs
- $0
- Other
- $2,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,712
- Bonus
- $7,868
- Other
- $108
- Deferred
- $2,500
- Nontaxable benefits
- $0
- Filer's total
- $190,188
-
Tyra Denise SmallwoodTYRA DENISE SMALLWOOD
TEACHER
- Total calculated
- $156,197
- From this org
- $131,605
- From related orgs
- $0
- Other
- $24,592
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,328
- Bonus
- $5,966
- Other
- $311
- Deferred
- $1,024
- Nontaxable benefits
- $23,568
- Filer's total
- $156,197
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
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- SOME OF THE INDIVIDUALS LISTED ON FORM 990, PART VII, RECEIVED BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUALS W-2S.
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541359349304904
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.