Cutting Edge Learning Academy INC EIN 46-4185917 Form 990 (PDF) Claim this org

Cutting Edge Learning Academy INC

Not yet claimed Claim this org →

Nurtures students academically, spiritually, and socially, encouraging love of God and neighbor. For fiscal year 2024 it reported $726K in revenue, $747K in expenses, and $-78K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Riverview, FL
Website
www.cuttingedgelearningacademy.org
Filings
5 on file (2020–2024)
Revenue
$726KFY2024
Expenses
$747K
Net assets
$-78K
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-4185917 Public charity (501(c)(3)) Riverview, FL
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Cutting Edge Learning Academy INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Nurtures students academically, spiritually, and socially, encouraging love of God and neighbor.
Leadership
Rev Mother Carina Okeke · President/Tr · $102K
Money in and out
$726K revenue, $747K expenses
Bottom line
84% program efficiency
Where the money goes · FY2024
Total revenue
$726K
Pt VIII · Ln 12
Total expenses
$747K
Pt IX · Ln 25
Net assets
$-78K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$21K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs-0.3% vs prior filing year
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate▼ -38% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▲ +50% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$726K
FY2024▲ +5%
Expenses
$747K
FY2024▲ +2%
Total assets
$68K
FY2024▼ -31%
Total liabilities
$146K
FY2024▲ +15%
Total revenue
$726K
Pt VIII · Ln 12
Total expenses
$747K
Pt IX · Ln 25
Net assets
$-78K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$21K
Total assetsPt X · Ln 16$68K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $630K of program spending, described in the organization's own filed words · FY2024.
01

Educational institution nurturing academic, spiritual, and social goals

$630Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCutting Edge Learning Academy INC
EINHdr · item D46-4185917
Principal addressHdr · item CRiverview, FL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B24)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$102,432Pt VII · Sec A

Rev Mother Carina Okeke’s $102K as President/Tr is at the 85th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Regina Maraizu$76,637$93,961$103,757
Rev Mother Carina Okeke$102,432$98,546$82,437$90,604$86,478
Gabriela Melo-Fermin$35,673$14,835
Theresa Peters$31,764

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cutting Edge Learning Academy INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue99%$722K
Contributions & grants$300
Other revenue$3K
Total revenueLn 12$726K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$630K
Management & general16%$117K
Total functional expensesLn 25$747K

Balance Sheet

Part X · end of year
CashLn 1$65K
Total assetsLn 16$68K
Total liabilitiesLn 26$146K
Total net assetsLn 32$-78K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $65K · Operating expenses/yr $747K
1.0 months
Where the money goes
Program services
Program services $630K · Total expenses $747K
84%
Management & General
Management & general $117K · Total expenses $747K
16%
Fundraising
Fundraising $0 · Total expenses $747K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $810
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $300 · Total revenue $726K
0.04%
Government reliance
Government grants — · Total revenue $726K
Earned-income share
Program service revenue $722K · Total revenue $726K
99%
Investment reliance
Investment income $0 · Total revenue $726K
0%
Program self-sufficiency
Program service revenue $722K · Total expenses $747K
97%
Growth & trend
Revenue growth (YoY)
This year $726K · Prior year $693K
+5%
Revenue CAGR
FY2020 $560K · FY2024 $726K
+7%
Net-asset trend (YoY)
End of year $-78K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $726K · Expenses $747K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $68K
Net-asset ratio
Net assets $-78K · Total assets $68K
-115%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $68K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rev Mother Carina Okeke · Reported title PRESIDENT/TR · Highest reported compensation $102K · Total expenses $747K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $520K · Total expenses $747K
70%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Fundraising cost ratio 0%
Revenue growth 5%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Similar Organizations

Closest in mission — by what they do
See all organizations like Cutting Edge Learning Academy INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$726K revenue · viewing · ⤓ 990 PDF
FY2023$693K revenue · ⤓ 990 PDF
FY2022$766K revenue · ⤓ 990 PDF
FY2021$789K revenue · ⤓ 990 PDF
FY2020$560K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.