Cai Learning Academy INC

Allentown, PA · Public charity (501(c)(3)) · Education

✓ Tax-deductible Latest data FY2025
Revenue
$-2.6M
▼ -165% vs prior year
Spent
$4.1M
To programs
89%
Net assets
$54.0M

Form 990 for the fiscal year ending June 2025 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — United Way of the Greater Lehigh Valley
$2.0M in the latest grant year.
Spent on programs?
89% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
↓ -165% vs prior year
Legal name (IRS)Hdr · item CCai Learning Academy INC
EINHdr · item D46-5443812
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 2014
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAllentown, PA
NTEE classificationIRS BMFEducation (B20)
WebsiteHdr · item Jwww.cailearningacademy.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$3.6M
Management & general11%$465K
Total functional expensesLn 25$4.1M

Financial health

Revenue & expenses by yearFY2021–FY2025
Revenue
$-2.6M
FY2025▼ -165%
Expenses
$4.1M
FY2025▲ +107%
Program efficiency
89%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
157.4mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Goes to people
35%
of spending is salaries & benefits▼ -38% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$56.0M
FY2025▲ +5%
Total liabilities
$2.0M
FY2025▲ +5%
Revenue less expensesPt I · Ln 19−$6.7M
Total assetsPt X · Ln 16$56.0M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$942K
Total assetsLn 16$56.0M
Total liabilitiesLn 26$2.0M
Total net assetsLn 32$54.0M
Months of cash on handcomputed2.8
— government grantsLn 1e$68K
Total revenueLn 12$-2.6M

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $53.7M · Operating expenses/yr $4.1M
157.4 months
Where the money goes
Program services
Program services $3.6M · Total expenses $4.1M
89%
Management & General
Management & general $465K · Total expenses $4.1M
11%
Fundraising
Fundraising $0 · Total expenses $4.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $1.8M
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.5M · Total revenue $-2.6M
—
Government reliance
Government grants $68K · Total revenue $-2.6M
—
Earned-income share
Program service revenue $14K · Total revenue $-2.6M
—
Investment reliance
Investment income $-5.1M · Total revenue $-2.6M
—
Program self-sufficiency
Program service revenue $14K · Total expenses $4.1M
0.3%
Growth & trend
Revenue growth (YoY)
This year $-2.6M · Prior year $3.9M
-165%
Net-asset trend (YoY)
End of year $54.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-2.6M · Expenses $4.1M
—
Liabilities-to-Assets
Total liabilities — · Total assets $56.0M
—
Net-asset ratio
Net assets $54.0M · Total assets $56.0M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $52.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $56.0M
94%
People & payroll
Highest Reported Total Compensation
Individual Jess Devlin · Reported title DIRECTOR OF EDUCATION · Highest reported compensation $120K · Total expenses $4.1M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.4M · Total expenses $4.1M
35%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%——
Overhead ratio 11%——
Fundraising cost ratio 0%——
Revenue growth -165%——
Accounting fee ratio 3%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director of Education
$119,920Pt VII · Sec A
Treasurer - Effective 4/6/24
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President - Effective 5/28/25
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Former Treasurer- Resign 4/5/24
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Jess Devlin$119,920$97,632

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.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
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 2Yes

Mission and programs

Equips students with life skills through technology-driven instruction.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $3.6M of program spending, described in the organization's own filed words · FY2024.
01

Salvaggio Academy is a nonprofit private elementary school serving students in kindergarten through fifth grade. The school educates the whole child through rigorous academics, leadership and character development, and strong family engagement, and provides full scholarships to qualifying economically diverse families to expand access to…

$3.4Mprogram expense
02

Support continues beyond elementary school through an alumni scholarhsip program that covers middle and high school tuition at participating schools, including St. Thomas More, St. Elizabeth Regional School, St. John Vianney, Allentown Central Catholic High School, Bethlehem Catholic High School, and Notre Dame High School.

$210Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$2.0M
Grants paid · 16 grants · $715K · 2020–2024
Unitemized GrantFY2024$103,320
Unitemized GrantFY2024$39,016
Unitemized GrantFY2024$32,000
Unitemized GrantFY2024$28,880
Unitemized GrantFY2024$6,525
Unitemized GrantFY2023$77,945
Unitemized GrantFY2023$43,200
Unitemized GrantFY2023$22,489
Unitemized GrantFY2023$15,785
Unitemized GrantFY2023$13,110
Unitemized GrantFY2022$115,650
Unitemized GrantFY2022$21,316
Unitemized GrantFY2022$11,391
Unitemized GrantFY2021$114,747
Unitemized GrantFY2021$8,355
Unitemized GrantFY2020$61,100

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $-2.6M$4.1M-165% 990 PDF
FY2024 $3.9M$2.0M+64% 990 PDF
FY2023 $2.4M$1.6M+211% 990 PDF
FY2022 $-2.2M$571K-105% 990 PDF
FY2021 $44.7M$413K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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