Nonprofit · EIN 47-3272404
SCHELASTIC ACADEMY
Tax-exempt · ARLINGTON, TX 76017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $257,477 | $231,735 | $25,742 | $74,228 | $26,049 | $48,179 |
| June 30, 2024 | 990 | $231,463 | $213,132 | $18,331 | $81,733 | $30,051 | $51,682 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $17,953
- Program service revenue
- $239,524
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $43,200
- Other salaries and wages
- $33,335
- Salaries, compensation and benefits (total)
- $66,485
- Professional fundraising fees
- $0
- Legal fees
- $2,000
- Accounting fees
- $5,534
- Occupancy
- $28,622
- Travel
- $6,283
- Depreciation
- $7,755
- Program services (functional)
- $93,655
- Management and general (functional)
- $148,130
Balance sheet and other
- Total assets, start of year
- $81,733
- Total assets, end of year
- $74,228
- Total liabilities, end of year
- $26,049
- Net assets, end of year
- $48,179
- Gross receipts
- $257,477
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2020
- State of legal domicile
- TX
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 |
|---|---|---|---|
| LAURA GALINDO | FOUNDER AND DIRECTOR Officer | 60 | $31,250 |
| EPHRAIM SKINNER | TREASURER Key employee | 30 | $11,450 |
| GEORGE GALINDO | BOARD MEMBER Trustee or director | 20 | $600 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA GALINDO | FOUNDER AND DIRECTOR Officer | 60 | $22,446 |
| JENNIFER BLOCK | BOARD MEMBER Officer | 5 | $0 |
| ZONIA RODRIGUEZ | BOARD MEMBER Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 5732 W INTERSTATE 20, ARLINGTON, TX 76017-1134
- In care of
- % LAURA GALINDO
- Principal officer (990 for 2024)
- LAURA GALINDO, 5717 TUMBLE WEED COURT, ARLINGTON, TX 76017
- Signed the 990
- JENNIFER BLOCK, TAX PREPARER
- Phone
- (817) 561-5255
- Website
- www.schelastic.com
- Return prepared by
- BLOCK FINANCIAL SOLUTIONS
Mission
PRIVATE NBSP;SCHOOL NBSP;- NBSP;ACCREDITED NBSP;EDUCATIONAL NBSP;SERVICES
Program accomplishments
- OUR LARGEST PROGRAM EXPENSE INCLUDES THE COST ASSOCIATED WITH DELIVERING HIGH QUALITY EDUCATION AND SUPPORT SERVICES TO ALL OF OUR STUDENTS.Expenses $117,126 · grants $3,027 · revenue $257,477
- A PORTION OF OUR PROGRAMS EXPENSES IS DEDICATED TO PROVIDING ESSENTIAL MEALS NUTRITION AND ENGAGING ENTERTAINMENT FOR OUR STUDENTS AND STAFFExpenses $19,353
- OUR INVENTION CONVENTION PROGRAM EMPOWERS STUDENTS TO DEVELOP THEIR CREATIVITY CRITICAL THINKING AND PROBLEM - SOLVING SKILLS BY DESIGNING AND BUILDING THEIR OWN INTENTIONS.Expenses $3,001
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
- 47-3272404
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $19,776
- Income (IRS master file)
- $257,477
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $257,477 | $231,735 | $74,228 | XML |
| 990 | June 2024 | $231,463 | $213,132 | $81,733 | XML |
| 990-EZ | June 2023 | – | – | – | 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 47-3272404).
Questions about SCHELASTIC ACADEMY
- What is the EIN of SCHELASTIC ACADEMY?
- The employer identification number (EIN) of SCHELASTIC ACADEMY is 47-3272404.
- Is SCHELASTIC ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to SCHELASTIC ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SCHELASTIC 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 SCHELASTIC 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 SCHELASTIC ACADEMY 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 SCHELASTIC ACADEMY?
- The 990 for the year ended June 30, 2025 names LAURA GALINDO.
- Who are the officers and directors of SCHELASTIC ACADEMY?
- The 990 for the year ended June 30, 2025 lists 3 people; 3 received compensation from the organization, the highest $31,250 (LAURA GALINDO, FOUNDER AND DIRECTOR).
- How much revenue does SCHELASTIC ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $257,477, expenses of $231,735 and total assets of $74,228 at year end.
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