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Nonprofit · EIN 80-0025718

BLACKSTONE ACADEMY INC

Tax-exempt · PAWTUCKET, RI 02860

Financials

$7.1M$7.2M2024
Revenue Expenses · by fiscal year end
Financials of BLACKSTONE ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,105,613$7,190,308-$84,695$8,251,441$3,800,425$4,451,016
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$695,509
of which government grants
$478,245
Program service revenue
$6,203,846
Investment income
$18,936
Other revenue
$187,322

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$3,940,304
Salaries, compensation and benefits (total)
$5,286,949
Professional fundraising fees
$0
Legal fees
$21,364
Accounting fees
$48,363
Occupancy
$6,203
Depreciation
$273,681
Program services (functional)
$6,082,492
Management and general (functional)
$980,432
Fundraising (functional)
$127,384

Balance sheet and other

Total assets, start of year
$8,909,363
Total assets, end of year
$8,251,441
Total liabilities, end of year
$3,800,425
Net assets, end of year
$4,451,016
Land, buildings and equipment
$6,034,624
Net assets without donor restrictions
$4,451,016
Gross receipts
$7,105,613
Employees
100
Volunteers
35
Year formed
2003
State of legal domicile
RI

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.

NameTitleHours / weekCompensation
KYLEEN CARPENTERHEAD OF SCHOOL
Officer
40$129,444
CAROLYN SHEEHANEXECUTIVE DIRECTOR
Officer
40$127,592
MELISSA FLAHERTYPRESIDENT
Trustee or director, Officer
1$0
DIANE DUFRESNEVICE CHAIR
Trustee or director, Officer
1$0
CRISTIAN GIRALDOSECRETARY
Trustee or director, Officer
1$0
TERRENCE GREENDIRECTOR
Trustee or director
1$0
AUGUSTUS SILVADIRECTOR
Trustee or director
1$0
MELISSA MONTOYATREASURER
Trustee or director, Officer
1$0
ELIZABETH NEWTONDIRECTOR
Trustee or director
1$0
CELIA CONTRERASDIRECTOR
Trustee or director
1$0
TATIANA REISDIRECTOR
Trustee or director
1$0
MENA SILVADIRECTOR
Trustee or director
1$0
CARLOS TOBONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
334 PLEASANT ST, PAWTUCKET, RI 02860-5288
In care of
% ROBERT WOOLER
Principal officer (990 for 2024)
CAROLYN SHEEHAN, 334 PLEASANT STREET, PAWTUCKET, RI 02860
Signed the 990
CAROLYN SHEEHAN, EXECUTIVE DIRECTOR
Phone
(401) 726-1750
Return prepared by
CBIZ ADVISORS LLC

Mission

THE MISSION OF BLACKSTONE ACADEMY IS TO BUILD A SMALL COMMUNITY OF LEARNERS AND LEADERS THAT FOSTERS INDEPENDENT INQUIRY, TEAMWORK, COMMUNICATION, AND PROBLEM SOLVING.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CENTRAL PURPOSE OF BLACKSTONE ACADEMY CHARTER SCHOOL IS TO DEVELOP HIGH SCHOOL STUDENTS WHO GRADUATE EQUIPPED TO BE PROBLEM SOLVERS IN THEIR OWN LIVES. THEY MUST BE ABLE TO POSITIVELY INFLUENCE THEIR IMMEDIATE ENVIRONMENT AS WELL AS THE LARGER COMMUNITY. COMMUNITY INVOLVEMENT AND COMMUNITY IMPROVEMENT ARE KEY THEMES AT BACS. IN ORDER TO REACH THESE GOALS, THEY MUST BE PROFICIENT IN KEY ACADEMIC SKILLS, BUT ALSO BE ABLE TO APPLY THEIR LEARNING IN EVERYDAY SITUATIONS. DURING THE LAST SCHOOL YEAR, THE FACULTY AND STAFF WERE LASER FOCUSED ON COMPLETING A PROFICIENCY BASED ASSESSMENT AND GRADING SYSTEM THAT HAD BEEN DEVELOPED OVER SEVERAL YEARS BUT WAS JUST BEING FULLY IMPLEMENT. THIS CHANGE MEANS THAT ALL LEARNERS ARE NOW ASSESSED PRIMARILY ON WHAT THEY CAN DEMONSTRATE, THEY KNOW AND CAN APPLY. THE NEW SYSTEM DOES NOT GIVE STUDENTS A LETTER GRADE BUT A NUMBER REPRESENTATIVE OF MEETING /EXCEEDING STANDARD OR APPROACHING OR NOT MEETING STANDARD. THE SYSTEM HAS BEEN BUILT TO BE FULLY TRANSPARENT, SO THAT STUDENTS, PARENTS AND SUPPORTING STAFF MEMBERS CAN CLEARLY UNDERSTAND WHERE A STUDENT STANDS AT ANY GIVEN TIME AND WHAT THEY NEED TO DO TO MEET PROFICIENCY. IT IS OUR ON-GOING GOAL TO CONTINUE TO EVALUATE AND IMPROVE THE ASSESSMENT SYSTEM. HOWEVER, DEPARTMENT AND PROFESSIONAL LEARNING GROUP FEEDBACK INDICATES THAT TEACHERS ARE NOW MORE ALIGNED THAN EVER IN THEIR APPROACH TO CURRICULUM, ASSESSMENT AND IN JUDGING THE RIGOR OF STUDENT WORK. THIS INITIATIVE WAS IN ITS FINAL YEAR OF FUNDING SUPPORT BY THE BARR FOUNDATION.THE BARR FUNDING WAS ALSO SUPPLEMENTING THE SCHOOL'S ACCESS TO A CONSULTING COORDINATOR COURTNEY JACOBS WHO SHEPARADED THE LAUNCH OF PROFICIENCY BASED GRADING, THE PARTICIPATION OF 100 STUDENTS IN A BLACKSTONE FOCUSED LEADERSHIP SUMMIT AND A WELL-ATTENDED SERIES OF SCHOOL IMPROVEMENT TEAM MEETINGS THAT PROVIDED A DIVERSITY OF PERSPECTIVES AND IDEAS FOR OUR SCHOOL IMPROVEMENT PLAN. A GRANT FROM THE STATE DEPARTMENT OF EDUCATION ALLOWED US TO CONTINUE SUPPORT OF A MATH COACH AND A FIVE-YEAR LITERACY IMPROVEMENT GRANT WAS WON FOR THE FOLLOWING SCHOOL YEAR. THESE PIECES OF SUPPORT WERE CRUCIAL AT A TIME WHEN GENEROUS COVID-ERA ESSA FUNDING WAS COMING TO AN END AND THE SCHOOL WAS HAVING TO DOWNSIZE SUPPLEMENTAL STAFF SUPPORT TO STUDENTS. THE SCHOOL ALSO CONTINUED TO IMPROVE OUR STUDENT'S INVOLVEMENT IN COMMUNITY POST-COVID BY GETTING STUDENTS INTERESTED AND SKILLFUL IN SOLVING COMMUNITY PROBLEMS. THIS WAS DONE BOTH THROUGH COURSEWORK AND REQUIRED SOCIAL ACTION PROJECTS SUCH AS SERVICE-LEARNING PROJECTS JUNIOR YEAR AND SENIOR RESEARCH PAPERS AND SOCIAL ACTION PROJECTS SENIOR YEAR. DESPITE THIS BEING THE FIRST YEAR WHEN ALL OF THE COLLEGES AND UNIVERSITIES REQUIRING STANDARDIZED TEST SCORES FOR COLLEGE ADMISSION PRE-COVID, RETURNED TO THAT REQUIREDMENT, THE CLASS OF 2025 WERE ADMITTED TO A NUMBER OF HIGHLY COMPETITIVE COLLEGES INCLUDING YALE UNIVERSITY, FOR THE CLASS OF 2024 INCLUDED A NUMBER OF VERY COMPETITIVE COLLEGES INCLUDING BOSTON COLLEGE, BOSTON UNIVERSITY, BRANDEIS UNIVERSITY, CLARK UNIVERSITY, , PROVIDENCE COLLEGE, AND YALE UNIVERSITY TO NAME A FEW. OVER 80% OF THE GRADUATING CLASS ATTENDED A TWO- OR FOUR-YEAR COLLEGE IN THE FALL OF 2025. NEARLY ALL MEMBERS OF THE GRADUATING CLASS WERE FIRST IN THEIR FAMILY TO ATTEND COLLEGE SOME STUDENTS WILL ATTEND THE COMMUNITY COLLEGE OF RI FOR TWO YEARS AS ALL STUDENTS IN RHODE ISLAND ARE NOW GIVEN FREE TUITION FOR THE FIRST TWO YEARS THERE. MOST STUDENTS WILL BE ABLE TO ATTEND FOUR-YEAR COLLEGES DUE TO A COMBINATION OF MERIT SCHOLARSHIPS AND NEED-BASED AID. EIGHT STUDENTS COMPLETED A PRE-APPRENTICESHIP PROGRAM WITH THE STATE OF RHODE ISLAND AND GENERAL DYNAMICS WHICH ENABLED ALL OF THEM TO GO ON TO HIGH PAYING POSITIONS AT ELECTRIC BOAT. BLACKSTONE HAD THE 2ND HIGHEST PERCENTAGE OF STUDENTS STATEWIDE COMPLETING THE PROGRAM. FINALLY, BLACKSTONE ACADEMY HAD THE THIRD HIGHEST PERCENTAGE OF GRADUATING SENIORS IN THE STATE QUALIFY FOR A SEAL OF BILITERACY, ESTABLISHING THEIR PROFICIENCY IN BOTH ENGLISH AND ANOTHER LANGUAGE. BACS STUDENTS REPRESENTED THE HIGHEST PERCENTAGE OF LOW-INCOME STUDENTS IN A SCHOOL TO EARN THIS CREDENTIAL.
    Expenses $6,082,492 · revenue $6,391,168

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
80-0025718
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
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$8,251,441
Income (IRS master file)
$7,105,613

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$7,441,350$7,400,933$8,686,210IRS
990June 2022$6,827,407$6,841,391$8,690,863IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about BLACKSTONE ACADEMY INC

What is the EIN of BLACKSTONE ACADEMY INC?
The employer identification number (EIN) of BLACKSTONE ACADEMY INC is 80-0025718.
Is BLACKSTONE ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to BLACKSTONE ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACKSTONE 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 BLACKSTONE ACADEMY 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 BLACKSTONE ACADEMY 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 BLACKSTONE ACADEMY INC?
The 990 for the year ended June 30, 2025 names CAROLYN SHEEHAN.
Who are the officers and directors of BLACKSTONE ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 13 people; 2 received compensation from the organization, the highest $129,444 (KYLEEN CARPENTER, HEAD OF SCHOOL).
How much revenue does BLACKSTONE ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,105,613, expenses of $7,190,308 and total assets of $8,251,441 at year end.

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