Cutting Edge Learning Academy, INC. Motivates students to pursue their academic, spiritual, and social goals while focusing on practicing the love of god and neighbor in their daily interactions. Cutting Edge Learning Academy, INC. Staff provides a nurturing environment.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$195K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$195K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$86K
89% of total assets
Concern: liabilities are 89% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$766K
-3% vs prior year
Spent
$729K
To programs
87%
Net assets
$11K
By yearFY2020–FY2024
Revenue
$766K
FY2022▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$560K
FY2021$789K
FY2022$766K
FY2023$693K
FY2024$726K
Expenses
$729K
FY2022▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$628K
FY2021$709K
FY2022$729K
FY2023$733K
FY2024$747K
Net assets
$11K
FY2022▲ +167%
Tap a bar for its year
Net assets by fiscal year
FY2020−$100K
FY2021−$17K
FY2022$11K
FY2023−$28K
FY2024−$78K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $635K Management & general 13% · $94K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990; $195K paid to officers and key staff.

Part VII, Section A · reportable compensation
$82,437Pt VII · Sec A
Vice Pres/Se
$76,637Pt VII · Sec A
$35,673Pt VII · Sec A

Rev Mother Carina Okeke’s $102K as President/Tr is at the 85th percentile of top reported officer pay among 1613 $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 →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II4 listed

Programs and updates

Nurtures students academically, spiritually, and socially, encouraging love of God and neighbor.

Questions for Cutting Edge Learning Academy INC

Tap to ask. Cutting Edge Learning Academy INC sees how many people are interested.

Your first name shows with your question. Cutting Edge Learning Academy INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $635K · in their own filed words · FY2022
01

Educational institution nurturing academic, spiritual, and social goals

$635Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$766K
Ln 12
Fees for servicesLn 2g$763K
Other incomeLn 4–11$2K
Gifts and grantsLn 1h$161
Money outPt IX
$729K
Ln 25
Programscol B$635K
Managementcol C$94K
Owns and owesPt X
$11K
net assets · Ln 32
Cash and savingsLn 1–2$94K
Total assetsLn 16$97K
LiabilitiesLn 26$86K
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$161
Fees for servicesLn 2g$763K
Other incomeLn 4–11$2K
Total revenueLn 12$766K
Assets in detailPt X, end of year
CashLn 1$94K
Cash and savings togetherLn 1–2$94K
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$2K
Total assetsLn 16$97K
LiabilitiesLn 26$86K
Net assetsLn 32$11K
OperationsPt I, VI
EmployeesI 522
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$99K$94K
Land, buildings, equipmentLn 10c$1K$1K
Total assetsLn 16$103K$97K
LiabilitiesLn 26$119K$86K
Net assetsLn 32−$17K$11K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$195K$112K$82K
Other salaries and wagesLn 7$296K$296K
Payroll taxesLn 10$39K$33K$6K
Accounting feesLn 11c$5K$5K
Office expensesLn 13$28K$28K
OccupancyLn 16$122K$122K
Depreciation, depletion and amortizationLn 22$484$484
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$27K$27K
All other expensesLn 24e$11K$11K$302
Total functional expensesLn 25$729K$635K$94K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $726K$747K−$21K−$78K 990 PDF
FY2023 $693K$733K−$40K−$28K 990 PDF
FY2022 Viewing $766K$729K$37K$11K 990 PDF
FY2021 $789K$709K$80K−$17K 990 PDF
FY2020 $560K$628K−$68K−$100K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $765,831 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $78,137$161
I-9 Program service revenuePrior year $705,803$763,308
I-10 Investment income$0
I-11 Other revenuePrior year $5,466$2,362
I-12 Total revenuePrior year $789,406$765,831
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $525,908$529,915
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $183,391$199,273
I-18 Total expensesPrior year $709,299$729,188
I-19 Revenue less expensesPrior year $80,107$36,643
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $765,831 across 6 lines filed
VIII-1f All other contributions, gifts and grants$161
VIII-1h Total contributions, gifts and grants$161
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $763,308$763,308
VIII-8 Net income from fundraising eventsExcluded from tax −$2,247−$2,247
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $645 · Excluded from tax $3,964$4,609
VIII-12 Total revenueRelated to mission $763,953 · Excluded from tax $1,717$765,831
Part IX · Statement of functional expenses $729,188 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $112,310 · Management $82,437$194,747
IX-7 Other salaries and wagesPrograms $296,318$296,318
IX-10 Payroll taxesPrograms $32,544 · Management $6,306$38,850
IX-11c Accounting feesManagement $5,100$5,100
IX-13 Office expensesPrograms $28,369$28,369
IX-16 OccupancyPrograms $122,062$122,062
IX-22 Depreciation, depletion and amortizationPrograms $484$484
IX-23 InsurancePrograms $4,657$4,657
IX-24 Other expenses (24a–d)Programs $27,420$27,420
IX-24e All other expensesPrograms $10,879 · Management $302$11,181
IX-25 Total functional expensesPrograms $635,043 · Management $94,145 · Fundraising $0$729,188
Part X · Balance sheet $97,010 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $99,478$94,233
X-10c Land, buildings and equipment, netStart of year $1,265$1,017
X-15 Other assetsStart of year $1,760$1,760
X-16 Total assetsStart of year $102,503$97,010
X-17 Accounts payable and accrued expensesStart of year $79,446$46,230
X-26 Total liabilitiesStart of year $119,093$85,877
X-27 Net assets without donor restrictionsStart of year −$16,590$11,133
X-32 Total net assets or fund balancesStart of year −$16,590$11,133
X-33 Total liabilities and net assetsStart of year $102,503$97,010
Part XI · Reconciliation of net assets $11,133 net assets at year end
XI-1 Total revenue$765,831
XI-2 Total expenses$729,188
XI-3 Revenue less expenses$36,643
XI-4 Net assets at start of year−$16,590
XI-9 Other changes in net assets−$8,920
XI-10 Net assets at end of year$11,133

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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.

Your org? Add context

Made it to the end? Claim this org

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 pay comparisons above.