Collegiate Academies builds world-class public schools that prepare all students for college success and lives of unlimited opportunity.

501(c)(3) charity; gifts are tax-deductible.
50¢ of each $1 spent went to programs.
$2.0M 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

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $2.2M a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
50%
of spending
Concern: 50% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.0M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $418K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$45.1M
-10% vs prior year
Spent
$43.7M
To programs
50%
Net assets
$13.4M
By yearFY2020–FY2025
Revenue
$45.1M
FY2021▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2020$49.9M
FY2021$45.1M
FY2022$53.7M
FY2023$66.5M
FY2024$65.8M
FY2025$64.5M
Expenses
$43.7M
FY2021▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$42.7M
FY2021$43.7M
FY2022$54.1M
FY2023$60.1M
FY2024$66.3M
FY2025$65.3M
Net assets
$13.4M
FY2021▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.9M
FY2021$13.4M
FY2022$13.3M
FY2023$19.6M
FY2024$19.1M
FY2025$18.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2010.

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

Where the money goes

50 cents of each dollar spent went to programs.

Program services 50% · $21.7M Management & general 50% · $22.0M

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

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Who runs it and what they're paid

26 people listed on the 990; $2.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$155,255Pt VII · Sec A
Principal
$154,381Pt VII · Sec A
Principal
$154,381Pt VII · Sec A
Chief Executive Officer
$151,066Pt VII · Sec A
Principal
$143,100Pt VII · Sec A
$135,450Pt VII · Sec A
Chief of Schools
$131,666Pt VII · Sec A
Chief Strategy Officer
$129,093Pt VII · Sec A

Jerel Bryant’s $298K as CEO is at the 64th percentile of top reported officer pay among 3683 $10–100M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jerel Bryant$297,926$237,518$184,214$149,225$154,381$152,541
Stacy Martin$191,702$183,872$181,517$147,974$113,237$104,816
Benjamin Marcovitz———$131,669$151,066$177,460
Rhonda Dale$162,845$173,349$158,735$144,117$154,381$152,416
Margo Lukens——$156,526$138,664$131,666$130,892
Benjamin Davis——$106,371$144,374$155,255$152,540
Davis Zaunbrecher—$147,165$134,864$130,894$129,093$128,344
Evan Stoudt———$142,522$143,100$141,000

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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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 15aYes

Programs and updates

Builds public schools to prepare all students for college and unlimited opportunities.

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Provided by the organization

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1 program · $21.7M · in their own filed words · FY2020
01

Collegiate academies operated six schools this year, serving nearly 3,000 public school students in new orleans and baton rouge. Over 98% of graduating seniors were accepted into a 2 or 4 year college or university. All collegiate academy schools received a "b or better letter grade from the state of louisiana for academic progress.

$21.7Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$45.1M
Ln 12
Gifts and grantsLn 1h$45.1M
Investment incomeLn 3$29K
Money outPt IX
$43.7M
Ln 25
Programscol B$21.7M
Managementcol C$22.0M
Owns and owesPt X
$13.4M
net assets · Ln 32
Cash and savingsLn 1–2$12.2M
Total assetsLn 16$15.4M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
26
listed · VII A
PaidVII A16
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$45.1M
Government grantsLn 1e$42.8M
Investment incomeLn 3$29K
Total revenueLn 12$45.1M
Assets in detailPt X, end of year
CashLn 1$12.2M
Cash and savings togetherLn 1–2$12.2M
Land, buildings, equipmentLn 10c$217K
Total assetsLn 16$15.4M
LiabilitiesLn 26$2.0M
Net assetsLn 32$13.4M
OperationsPt I, VI
EmployeesI 5709
VolunteersI 635
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$9.1M$12.2M
Land, buildings, equipmentLn 10c$201K$217K
Total assetsLn 16$12.6M$15.4M
LiabilitiesLn 26$696K$2.0M
Net assetsLn 32$11.9M$13.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2.3M$1.2M$1.1M
Other salaries and wagesLn 7$24.4M$13.1M$11.3M
Pension plan contributionsLn 8$628K$337K$291K
Other employee benefitsLn 9$2.3M$1.2M$1.1M
Payroll taxesLn 10$2.0M$1.1M$923K
Legal feesLn 11b$56K$56K
Accounting feesLn 11c$98K$98K
Other fees for servicesLn 11g$5.6M$2.1M$3.4M
Advertising and promotionLn 12$73K$73K
Office expensesLn 13$3.3M$1.6M$1.6M
Information technologyLn 14$331K$331K
OccupancyLn 16$2.0M$547K$1.5M
TravelLn 17$55K$12K$43K
Depreciation, depletion and amortizationLn 22$20K$20K
InsuranceLn 23$609K$457K$152K
Total functional expensesLn 25$43.7M$21.7M$22.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $64.5M$65.3M−$820K$18.5M 990 PDF
FY2024 $65.8M$66.3M−$491K$19.1M 990 PDF
FY2023 $66.5M$60.1M$6.3M$19.6M 990 PDF
FY2022 $53.7M$54.1M−$459K$13.3M 990 PDF
FY2021 Viewing $45.1M$43.7M$1.4M$13.4M 990 PDF
FY2020 $49.9M$42.7M$7.2M$11.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $45,139,366 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $44,736,138$45,110,310
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $6,341$29,056
I-11 Other revenuePrior year $5,151,010$0
I-12 Total revenuePrior year $49,893,489$45,139,366
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $28,525,934$31,613,326
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $14,216,031$12,088,307
I-18 Total expensesPrior year $42,741,965$43,701,633
I-19 Revenue less expensesPrior year $7,151,524$1,437,733
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $45,139,366 across 5 lines filed
VIII-1e Government grants$42,806,097
VIII-1f All other contributions, gifts and grants$2,304,213
VIII-1h Total contributions, gifts and grants$45,110,310
VIII-3 Investment incomeExcluded from tax $29,056$29,056
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $29,056$45,139,366
Part IX · Statement of functional expenses $43,701,633 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,244,074 · Management $1,073,416$2,317,490
IX-7 Other salaries and wagesPrograms $13,084,109 · Management $11,289,272$24,373,381
IX-8 Pension plan contributionsPrograms $337,226 · Management $290,966$628,192
IX-9 Other employee benefitsPrograms $1,235,747 · Management $1,066,231$2,301,978
IX-10 Payroll taxesPrograms $1,069,498 · Management $922,787$1,992,285
IX-11b Legal feesManagement $56,091$56,091
IX-11c Accounting feesManagement $97,842$97,842
IX-11g Other fees for servicesPrograms $2,120,689 · Management $3,444,110$5,564,799
IX-12 Advertising and promotionManagement $73,156$73,156
IX-13 Office expensesPrograms $1,627,092 · Management $1,626,047$3,253,139
IX-14 Information technologyManagement $331,449$331,449
IX-16 OccupancyPrograms $547,415 · Management $1,479,330$2,026,745
IX-17 TravelPrograms $12,102 · Management $43,120$55,222
IX-22 Depreciation, depletion and amortizationManagement $20,387$20,387
IX-23 InsurancePrograms $457,108 · Management $152,369$609,477
IX-25 Total functional expensesPrograms $21,735,060 · Management $21,966,573 · Fundraising $0$43,701,633
Part X · Balance sheet $15,386,568 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $9,115,225$12,245,817
X-3 Pledges and grants receivableStart of year $3,033,698$2,727,514
X-9 Prepaid expenses and deferred chargesStart of year $294,491$196,224
X-10c Land, buildings and equipment, netStart of year $201,188$217,013
X-16 Total assetsStart of year $12,644,602$15,386,568
X-17 Accounts payable and accrued expensesStart of year $696,373$2,000,606
X-26 Total liabilitiesStart of year $696,373$2,000,606
X-27 Net assets without donor restrictionsStart of year $11,948,229$13,385,962
X-32 Total net assets or fund balancesStart of year $11,948,229$13,385,962
X-33 Total liabilities and net assetsStart of year $12,644,602$15,386,568
Part XI · Reconciliation of net assets $13,385,962 net assets at year end
XI-1 Total revenue$45,139,366
XI-2 Total expenses$43,701,633
XI-3 Revenue less expenses$1,437,733
XI-4 Net assets at start of year$11,948,229
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,385,962

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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