Nonprofit · EIN 26-3240588
ARISE ACADEMY
Tax-exempt · NEW ORLEANS, LA 70117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2023 | 990 | $11,172,161 | $10,727,552 | $444,609 | $4,430,074 | $1,532,835 | $2,897,239 |
Financial details: 990 for the year ended June 30, 2023
Revenue
- Contributions, gifts and grants
- $11,229,064
- of which government grants
- $11,151,554
- Program service revenue
- $0
- Investment income
- -$310,006
- Net gain from sales of assets
- -$336,414
- Other revenue
- $253,103
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $174,667
- Other salaries and wages
- $5,195,084
- Salaries, compensation and benefits (total)
- $6,548,254
- Professional fundraising fees
- $0
- Occupancy
- $154,091
- Travel
- $13,525
- Depreciation
- $13,629
- Program services (functional)
- $7,733,845
- Management and general (functional)
- $2,993,707
Balance sheet and other
- Total assets, start of year
- $5,233,636
- Total assets, end of year
- $4,430,074
- Total liabilities, end of year
- $1,532,835
- Net assets, end of year
- $2,897,239
- Net assets without donor restrictions
- $2,897,239
- Gross receipts
- $11,508,575
- Employees
- 90
- Volunteers
- 0
- Year formed
- 2008
- State of legal domicile
- LA
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOLENE GALPIN | EXEC. DIRECTOR MILDRED OSB Officer | 45 | $174,667 | $19,892 |
| PATRICK ANDERSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NICK TRINGALI | BOARD VICE CHAIRMAN/ACADEM Trustee or director, Officer | 1 | $0 | $0 |
| JARRED JUPITER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL WALLACE | BOARD CHAIRMAN/FINANCE CHA Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| APRIL DAVENPORT | GOVERNANCE CHAIR/BOARD MEM Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3819 SAINT CLAUDE AVE, NEW ORLEANS, LA 70117-5735
- In care of
- % ARIS
- Principal officer (990 for 2022)
- MIKE WALLACE, 6701 CURRAN BLVD, NEW ORLEANS, LA 70126
- Signed the 990
- MIKE WALLACE, BOARD CHAIRMAN
- Phone
- (504) 400-0614
- Website
- WWW.ARISEACADEMY.ORG
- Return prepared by
- ERICKSEN KRENTEL LLP
Mission
TO IMPLEMENT AND OPERATE ONE OR MORE PUBLIC CHARTER SCHOOLS IN LOUISIANA.
Program accomplishments
- INSTRUCTIONAL EXPENSES INCURRED, FOR EXAMPLE, TEACHERS SALARIES AND CLASSROOM MATERIALS AND SUPPLIES FOR OPERATION OF BOTH ARISE ACADEMY AND MILDRED OSBOURNE CHARTER SCHOOL.Expenses $7,733,845
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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | Not on file |
IRS record
- EIN
- 26-3240588
- 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
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $4,430,074
- Income (IRS master file)
- $11,508,575
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2023 | $11,172,161 | $10,727,552 | $4,430,074 | XML |
| 990 | June 2022 | $13,569,711 | $14,125,605 | $5,233,636 | 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 26-3240588).
Questions about ARISE ACADEMY
- What is the EIN of ARISE ACADEMY?
- The employer identification number (EIN) of ARISE ACADEMY is 26-3240588.
- Is ARISE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to ARISE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARISE ACADEMY 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 ARISE ACADEMY 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 ARISE ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2023.
- Who is the principal officer of ARISE ACADEMY?
- The 990 for the year ended June 30, 2023 names MIKE WALLACE.
- Who are the officers and directors of ARISE ACADEMY?
- The 990 for the year ended June 30, 2023 lists 7 people; 1 received compensation from the organization, the highest $174,667 (JOLENE GALPIN, EXEC. DIRECTOR MILDRED OSB).
- How much revenue does ARISE ACADEMY have?
- On its 990 for the year ended June 30, 2023 it reported revenue of $11,172,161, expenses of $10,727,552 and total assets of $4,430,074 at year end.
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