Nonprofit · EIN 47-2976837
EAST LAKE ACADEMY INC
Tax-exempt · BIRMINGHAM, AL 35206
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $1,040,043 | $1,291,604 | -$251,561 | $476,680 | $573,546 | -$96,866 |
| December 31, 2024 | 990 | $1,782,187 | $2,046,363 | -$264,176 | $301,086 | $146,391 | $154,695 |
| December 31, 2023 | 990 | $1,865,081 | $1,845,761 | $19,320 | $528,207 | $109,336 | $418,871 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $334,054
- Program service revenue
- $559,190
- Investment income
- $939
- Net income from fundraising events
- $145,860
- Other revenue
- $145,860
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $666,232
- Salaries, compensation and benefits (total)
- $746,992
- Professional fundraising fees
- $0
- Occupancy
- $77,700
- Travel
- $574
- Depreciation
- $155,906
- Program services (functional)
- $1,026,161
- Management and general (functional)
- $265,443
Balance sheet and other
- Total assets, start of year
- $301,086
- Total assets, end of year
- $476,680
- Total liabilities, end of year
- $573,546
- Net assets, end of year
- -$96,866
- Land, buildings and equipment
- $115,346
- Gross receipts
- $1,067,008
- Employees
- 23
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- AL
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID COBBIN | SECRETARY Trustee or director | 10 | $0 |
| SCOTT MOODY | VICE PRESIDENT Trustee or director | 10 | $0 |
| SAM HENDERSON | BOARD MEMBER Trustee or director | 10 | $0 |
| NORMA ENGLISH | BOARD MEMBER Trustee or director | 10 | $0 |
| DARRYL ERIC WHITE | BOARD MEMBER Officer | 10 | $0 |
| STEVE FOSTER | PRESIDENT Officer | 10 | $0 |
| CLARISSA KENTY | BOARD MEMBER Officer | 10 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID COBBIN | SECRETARY Trustee or director | 10 | $0 |
| SCOTT MOODY | VICE PRESIDENT Trustee or director | 10 | $0 |
| SAM HENDERSON | BOARD MEMBER Trustee or director | 10 | $0 |
| NORMA ENGLISH | BOARD MEMBER Trustee or director | 10 | $0 |
| SIDNEY DOATY | BOARD MEMBER Trustee or director | 10 | $0 |
| DARRYL ERIC WHITE | BOARD MEMBER Officer | 10 | $0 |
| STEVE FOSTER | PRESIDENT Officer | 10 | $0 |
| CLARISSA KENTY | BOARD MEMBER Officer | 10 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID COBBIN | BOARD MEMBER Trustee or director | 10 | $0 |
| CAL DODSON | BOARD MEMBER Trustee or director | 10 | $0 |
| BRAD GRAY | BOARD MEMBER Trustee or director | 10 | $0 |
| SCOTT MOODY | BOARD MEMBER Trustee or director | 10 | $0 |
| SAM HENDERSON | BOARD MEMBER Trustee or director | 10 | $0 |
| DARRYL ERIC WHITE | PRESIDENT Officer | 10 | $0 |
| STEVE FOSTER | VICE PRESIDENT Officer | 10 | $0 |
| CLARISSA KENTY | SECRETARY Officer | 10 | $0 |
| BILL HART | TREASURER Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 8301 8TH AVE S, BIRMINGHAM, AL 35206-3454
- In care of
- % DARRYL E WHITE
- Principal officer (990 for 2025)
- DARRYL WHITE, 1997 CAHABA CREST DRIVE, BIRMINGHAM, AL 35242
- Signed the 990
- DARRYL WHITE, OFFICER
- Phone
- (205) 834-5433
- Website
- WWW.BANKSACADEMY.COM
- Return prepared by
- PEARCE BEVILL LEESBURG MOORE PC
Mission
EAST LAKE ACADEMY, INC IS A NON-PROFIT CORPORATION ORGANIZED EXCLUSIVELY TO RECEIVE AND ADMINISTER FUNDS FOR EDUCATIONAL AND CHARITABLE PURPOSES TO A PRIVATE CHRISTIAN SCHOOL IN THE EAST LAKE/ROEBUCK COMMUNITY OF BIRMINGHAM, ALABAMA.
Program accomplishments
- THE ENTITY'S MAIN SOURCE OF REVENUE IS DERIVED FROM UNRESTRICTED DONATIONS FROM OUTSIDE DONORS. THIS REVENUE WILL BE USED TO PROVIDE A SAFE AND SECURE SCHOOL BUILDING AND ENVIRONMENT AIMED AT EMPLOYING TEACHERS COMMITTED TO HELPING DEVELOP STUDENTS, PROVIDING QUALITY EDUCATION BASED ON MERIT, TEACHING KIDS TO BE SELF SUFFICIENT, INCORPORATING SUCCESSFUL STRATEGIES OF LEARNING AND CULTIVATING A CHRIST CENTERED SETTING.Expenses $1,026,161 · revenue $560,129
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | Check at the IRS |
IRS record
- EIN
- 47-2976837
- 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
- 2015
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $476,680
- Income (IRS master file)
- $1,067,008
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $1,040,043 | $1,291,604 | $476,680 | XML |
| 990 | December 2024 | $1,782,187 | $2,046,363 | $301,086 | IRS |
| 990 | December 2023 | $1,865,081 | $1,845,761 | $528,207 | XML |
| 990 | December 2022 | $1,426,107 | $1,451,307 | $414,966 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-2976837).
Questions about EAST LAKE ACADEMY INC
- What is the EIN of EAST LAKE ACADEMY INC?
- The employer identification number (EIN) of EAST LAKE ACADEMY INC is 47-2976837.
- Is EAST LAKE ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to EAST LAKE ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EAST LAKE ACADEMY 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 EAST LAKE ACADEMY INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EAST LAKE ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of EAST LAKE ACADEMY INC?
- The 990 for the year ended July 31, 2025 names DARRYL WHITE.
- Who are the officers and directors of EAST LAKE ACADEMY INC?
- The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does EAST LAKE ACADEMY INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $1,040,043, expenses of $1,291,604 and total assets of $476,680 at year end.
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