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East Academy Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Primary, Elementary Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$4.67M (2023)

Expenses
$4.63M (2023)

Total Assets
$1.08M (2023)

Total Liabilities
$2.47M (2023)

Source: Form 990 tax filings from 2014 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,667,725
Expenses
$4,633,013
Net Income
$34,712
Net Assets
-$1,389,264
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,665,225
99.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,500
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,250
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,076,277
Total Liabilities $2,465,541
Net Assets -$1,389,264
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Carl Frey (President) $625 $0 $0
Robert Marcis (Director) $625 $0 $0
Scott Norcross (Vice President) $0 $0 $0
Karl Sooy (Secretary) $0 $0 $0
David Florez (Treasurer) $0 $0 $0
Stephanie Ataya (Fiscal Officer) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,466,351
Expenses
$3,260,630
Net Income
$205,721
Net Assets
-$1,423,976
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,463,851
99.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,500
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,125
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,075,576
Total Liabilities $2,499,552
Net Assets -$1,423,976
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Scott Norcross (Vice President) $750 $0 $0
David Florez (Treasurer) $750 $0 $0
Carl Frey (President) $625 $0 $0
Karl Sooy (Secretary) $0 $0 $0
Robert Marcis (Director) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0
Stephanie Ataya (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,522,348
Expenses
$3,344,874
Net Income
$177,474
Net Assets
-$1,629,697
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,521,783
100.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $565
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $833,848
Total Liabilities $2,463,545
Net Assets -$1,629,697
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Carl Frey (Vice President) $780 $0 $0
Scott Norcross (Treasurer) $780 $0 $0
David Florez (Director) $655 $0 $0
David Shepherd (President) $0 $0 $0
Karl Sooy (Secretary) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,919,341
Expenses
$2,832,102
Net Income
$87,239
Net Assets
-$1,807,171
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,919,291
100.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $943,463
Total Liabilities $2,750,634
Net Assets -$1,807,171
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Carl Frey (Vice President) $750 $0 $0
David Florez (Director) $625 $0 $0
David Shepherd (President) $0 $0 $0
Scott Norcross (Treasurer) $0 $0 $0
Karl Sooy (Secretary) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,259,614
Expenses
$3,542,477
Net Income
-$282,863
Net Assets
-$1,894,410
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,246,159
99.6%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,455
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $950,983
Total Liabilities $2,845,393
Net Assets -$1,894,410
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Scott Norcross (Treasurer) $875 $0 $0
David Shepherd (President) $0 $0 $0
Carl Frey (Vice President) $0 $0 $0
Karl Sooy (Secretary) $0 $0 $0
David Florez (Director) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,900,911
Expenses
$2,619,005
Net Income
$281,906
Net Assets
-$1,611,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,882,971
99.4%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,940
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,439,165
Total Liabilities $3,050,712
Net Assets -$1,611,547
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Carl Frey (Vice President) $750 $0 $0
David Shepherd (President) $0 $0 $0
Scott Norcross (Treasurer) $0 $0 $0
Karl Sooy (Secretary) $0 $0 $0
David Florez (Director) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,950,666
Expenses
$3,430,837
Net Income
-$480,171
Net Assets
-$1,451,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,931,684
99.4%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,982
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,905,678
Total Liabilities $3,356,854
Net Assets -$1,451,176
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Carl Frey (Secretary) $855 $0 $0
Steven Varga (Vice President) $855 $0 $0
David Shepherd (President) $700 $0 $0
David Florez (Treasurer) $700 $0 $0
Scott Norcross (Director) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,459,586
Expenses
$2,491,357
Net Income
-$31,771
Net Assets
-$340,799
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,438,281
99.1%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,305
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,041,123
Total Liabilities $3,381,922
Net Assets -$340,799
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
David Shepherd (President) $1,400 $0 $0
Carl Frey (Secretary) $1,400 $0 $0
Steven Varga (Vice President) $1,400 $0 $0
Glenn Bebie (Director) $1,200 $0 $0
David Florez (Director) $800 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,127,429
Expenses
$3,578,780
Net Income
-$451,351
Net Assets
-$309,028
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,119,419
99.7%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,010
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,875,197
Total Liabilities $3,184,225
Net Assets -$309,028
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
David Shepherd (President) $0 $0 $0
David Florez (Board Member) $0 $0 $0
Carl Frey (Secretary) $0 $0 $0
Steven Varga (Vice President) $0 $0 $0
Glenn Bebie (Board Member) $0 $0 $0
Jeffrey A Foster Cpa (Fiscal Officer) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,121,521
Expenses
$3,080,593
Net Income
$40,928
Net Assets
$40,928
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,121,521
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $208,341
Total Liabilities $167,413
Net Assets $40,928

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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