Nonprofit · EIN 20-1256603
BRANCHES ACADEMY AND EARLY LEARNING CENTER INC
Tax-exempt · LYNCHBURG, VA 24502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $753,289 | $730,868 | $22,421 | $62,104 | $0 | $62,104 |
| June 30, 2024 | 990 | $730,306 | $826,247 | -$95,941 | $40,070 | $0 | $40,070 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,750
- Program service revenue
- $749,261
- Investment income
- $278
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $568,857
- Salaries, compensation and benefits (total)
- $665,792
- Professional fundraising fees
- $0
- Accounting fees
- $6,590
- Program services (functional)
- $576,441
- Management and general (functional)
- $154,427
Balance sheet and other
- Total assets, start of year
- $40,070
- Total assets, end of year
- $62,104
- Total liabilities, end of year
- $0
- Net assets, end of year
- $62,104
- Net assets without donor restrictions
- $45,404
- Net assets with donor restrictions
- $16,700
- Gross receipts
- $753,289
- Employees
- 40
- Volunteers
- 2
- Year formed
- 2004
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Reynolds | Executive Pastor/Treasurer Trustee or director, Officer | 0 | $0 |
| Mike Dodson | Senior Pastor Trustee or director, Officer | 0 | $0 |
| Bill Allen | Secretary Trustee or director, Officer | 0 | $0 |
| James Schweiger | Director Trustee or director, Officer | 0 | $0 |
| Kenneth Mills | Director Trustee or director | 0 | $0 |
| Courtney Glass | Director Trustee or director | 0 | $0 |
| Keith Ballengee | Director Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Reynolds | Executive Pastor/Treasurer Trustee or director, Officer | 0 | $0 |
| Mike Dodson | Senior Pastor Trustee or director, Officer | 0 | $0 |
| Bill Allen | Secretary Trustee or director, Officer | 0 | $0 |
| James Schweiger | Director Trustee or director, Officer | 0 | $0 |
| Kenneth Mills | Director Trustee or director | 0 | $0 |
| Courtney Glass | Director Trustee or director | 0 | $0 |
| Keith Ballengee | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2812 GREENVIEW DR, LYNCHBURG, VA 24502-3149
- Principal officer (990 for 2024)
- Danny Scott Reynolds, 1928 Tabby Lane, Altavista, VA 24517
- Signed the 990
- Scott Reynolds, Executive Pastor
- Phone
- (434) 258-5670
- Website
- tolacademy.com
Mission
To provide a Christian education to children promoting the child's spiritual, emotional, and intellectual development.
Program accomplishments
- Provide a Christian education to children promoting the child's spiritual, emotional, and intellectual developmentExpenses $576,441 · revenue $749,136
- n/a0
- n/a0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1256603
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $62,104
- Income (IRS master file)
- $753,289
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $753,289 | $730,868 | $62,104 | XML |
| 990 | June 2024 | $730,306 | $826,247 | $40,070 | XML |
| 990 | June 2023 | $799,302 | $925,614 | $177,188 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1256603).
Questions about BRANCHES ACADEMY AND EARLY LEARNING CENTER INC
- What is the EIN of BRANCHES ACADEMY AND EARLY LEARNING CENTER INC?
- The employer identification number (EIN) of BRANCHES ACADEMY AND EARLY LEARNING CENTER INC is 20-1256603.
- Is BRANCHES ACADEMY AND EARLY LEARNING CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to BRANCHES ACADEMY AND EARLY LEARNING CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRANCHES ACADEMY AND EARLY LEARNING CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BRANCHES ACADEMY AND EARLY LEARNING CENTER INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRANCHES ACADEMY AND EARLY LEARNING CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BRANCHES ACADEMY AND EARLY LEARNING CENTER INC?
- The 990 for the year ended June 30, 2025 names Danny Scott Reynolds.
- Who are the officers and directors of BRANCHES ACADEMY AND EARLY LEARNING CENTER INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does BRANCHES ACADEMY AND EARLY LEARNING CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $753,289, expenses of $730,868 and total assets of $62,104 at year end.
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