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East Lake Academy Inc.

East Lake Academy Inc.

Birmingham, AL 35206
Tax ID47-2976837

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$406,477

Expenses

$344,578

Mission

Banks Academy is a private Christian High School providing quality education to students in failing school districts in the eastern Birmingham area, expanding their mind, enabling them to pursue their passions and achieve their absolute potential, living full, rewarding and personally meaningful lives. We are developing dual tract education for college and technical/trade school preparation focusing on character and job skill training. Our mission is to help end generational poverty through education.

About

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.

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “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.”.

When referring to its tasks, they were described as: “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. the school educates students that are from low income and minority households.”.

  • The non-profit is operating legally in the state of AL.
  • The non-profit's address for the year 2020 is listed as 1997 CAHABA CREST DRIVE, BIRMINGHAM, AL, 35242 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 15 employees.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $61,899.
  • The organization has 7 independent voting members.
  • The organization was formed in 2015.
  • The organization pays $170,030 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.