Akiva School
Fiscal Year
Fiscal Year Start
07/01/2024
Fiscal Year End
06/30/2025
Projected Revenue
$2,851,400.00
Projected Expenses
$2,851,400.00
Organizational Budgets and Other Documents
| 2024-2025 Akiva Budget | 2025 |
| 2021-2022 Budget | 2022 |
| 2020-2021 Projected Budget | 2021 |
| 2018-2019 Budget | 2018 |
| 2017-2018 Budget | 2017 |
| 2016 Budget | 2016 |
IRS Letter of Exemption
| IRS tax letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $2,917,217.00 | $3,111,936.00 | |
| Total Expenses | $2,632,985.00 | $2,309,387.00 | |
| Revenue Less Expenses | ($-0.00) | $284,232.00 | $802,549.00 |
Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $537,864.00 | |
| Contributions, Gifts, and Grants | $1,176,242.00 | $1,071,687.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $1,602,656.00 | $1,398,923.00 | |
| Investment Income, Net of Losses | $135,270.00 | $103,462.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $3,049.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $2,230,160.00 | $1,955,101.00 | |
| Administration Expense | $320,811.00 | $257,903.00 | |
| Fundraising Expense | $82,014.00 | $96,383.00 | |
| Total Revenue/Total Expenses | 111% | 135% | |
| Program Expense/Total Expenses | 85% | 85% | |
| Fundraising Expense/Contributed Revenue | 3% | 4% |
Top Funding Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $1,602,656.00 | Program Revenue $1,398,923.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $1,176,242.00 | Contributions, Gifts, Grants $1,071,687.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $135,270.00 | Government Grants $537,864.00 |
Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,038,224.00 | $4,634,743.00 | |
| Current Assets | $1,025,734.00 | $1,486,555.00 | |
| Long-Term Liabilities | $19,567.00 | $40,022.00 | |
| Current Liabilities | $1,025,734.00 | $735,499.00 | |
| Total Net Assets | $4,124,570.00 | $3,859,222.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$766,187.00
What is the spending policy for your endowment?
Income Only
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Exempt
Form 990s
| Akiva School 990 | 2023 |
| Akiva School 990 | 2022 |
| Akiva School 990 | 2021 |
| Akiva School 2020 990 | 2020 |
| Akiva School 2018 990 | 2019 |
| Akiva School 2018 990 | 2018 |
| akiva school 2017 990 | 2017 |
| 990 | 2016 |
| 990 | 2015 |
| Form 990 | 2014 |
| akiva school 2013 990 | 2013 |
| akiva school 2012 990 | 2012 |
| akiva school 2011 990 | 2011 |
| akiva school 2010 990 | 2010 |
| akiva school 2009 990 | 2009 |
| akiva school 2008 990 | 2008 |
| akiva school 2007 990 | 2007 |
| akiva school 2006 990 | 2006 |
Audit Documents
Foundation Staff Comments
| Financials taken from the 990. Form 990 prepared by Kraft CPAS, PLLC. Comment provided by Hayley Sulfridge 11/7/24. |
