Empowered Minds Academy FY2022 filing

Tax-deductible

Durham, NC501(c)(3)EducationEIN 81-2038509Revenue $233K in FY2022

On file with the IRSempoweredmindsacademy.org5223 Partridge St, 27704-1103 · Durham, NCTax-exempt since Sep 2020School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

Private learnerdriven Montessoristyle school

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$23K 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
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$23K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$233K
+98% vs prior year
Spent
$180K
To programs
84%
Net assets
$80K
By yearFY2020–FY2024
Revenue
$233K
FY2022▲ +98%
Tap a bar for its year
Revenue by fiscal year
FY2020$118K
FY2022$233K
FY2023$133K
FY2024$187K
Net assets
$80K
FY2022▲ +800%
Tap a bar for its year
Net assets by fiscal year
FY2020$9K
FY2022$80K
FY2023$73K
FY2024$73K

From the FY2022 Form 990 (year ending June 2022) · 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 Sep 2020.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $151K Management & general 16% · $29K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

4 people listed on the 990; $23K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$17,217Pt VII · Sec A
Executive Director
$6,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Valine Ziegler’s $41K as Executive Director is at the 33rd 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Valine Ziegler$41,454$17,804$6,000
Agotime Adefunmi——$17,217

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 Empowered Minds Academy executive salaries →

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

Something off? The org can add a note here. Claim this org to fix it.

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

Programs and updates

Educates children using a learner-driven, Montessoristyle approach.

Questions for Empowered Minds Academy

Tap to ask. Empowered Minds Academy sees how many people are interested.

Your first name shows with your question. Empowered Minds Academy answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $151K · in their own filed words · FY2021
01

See Schedule O for description

$151Kprogram 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
Total grants receivedfrom 1 funder$40K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$233K
Ln 12
Fees for servicesLn 2g$183K
Gifts and grantsLn 1h$50K
Money outPt IX
$180K
Ln 25
Programscol B$151K
Managementcol C$29K
Owns and owesPt X
$80K
net assets · Ln 32
Cash and savingsLn 1–2$77K
Total assetsLn 16$87K
LiabilitiesLn 26$6K
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$50K
Government grantsLn 1e$6K
Fees for servicesLn 2g$183K
Total revenueLn 12$233K
Assets in detailPt X, end of year
SavingsLn 2$77K
Cash and savings togetherLn 1–2$77K
Land, buildings, equipmentLn 10c$9K
Total assetsLn 16$87K
LiabilitiesLn 26$6K
Net assetsLn 32$80K
OperationsPt I, VI
EmployeesI 52
VolunteersI 627
Fiscal year endsHeaderJune
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$22K$77K
Land, buildings, equipmentLn 10c$11K$9K
Total assetsLn 16$33K$87K
LiabilitiesLn 26$6K$6K
Net assetsLn 32$27K$80K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$40K$30K$10K
Other salaries and wagesLn 7$30K$30K
Payroll taxesLn 10$6K$5K$887
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$37K$29K$9K
Information technologyLn 14$894$849$45
OccupancyLn 16$51K$49K$2K
InterestLn 20$2$2
Payments to affiliatesLn 21$1K$1K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$769$769
Other expenses (24a–d)Ln 24$215$215
Total functional expensesLn 25$180K$151K$29K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $187K$73K 990 PDF
FY2023 $133K$73K 990 PDF
FY2022 Viewing $233K$180K$53K$80K 990 PDF
FY2021 Not on file
FY2020 $118K$9K 990 PDF

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

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $233,165 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $52,224$49,956
I-9 Program service revenuePrior year $65,578$183,209
I-10 Investment incomePrior year $7$0
I-11 Other revenue$0
I-12 Total revenuePrior year $117,809$233,165
I-13 Grants and similar amounts paidPrior year $94$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$76,357
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $108,810$103,802
I-18 Total expensesPrior year $108,904$180,159
I-19 Revenue less expensesPrior year $8,905$53,006
Part VI · Governance 3 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
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 $233,165 across 6 lines filed
VIII-1e Government grants$6,250
VIII-1f All other contributions, gifts and grants$43,706
VIII-1h Total contributions, gifts and grants$49,956
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $183,209$183,209
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $183,209$233,165
Part IX · Statement of functional expenses $180,159 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $30,408 · Management $9,763$40,171
IX-7 Other salaries and wagesPrograms $29,827$29,827
IX-10 Payroll taxesPrograms $5,472 · Management $887$6,359
IX-11b Legal feesManagement $2,531$2,531
IX-11c Accounting feesManagement $3,917$3,917
IX-12 Advertising and promotionPrograms $2,204$2,204
IX-13 Office expensesPrograms $28,777 · Management $8,574$37,351
IX-14 Information technologyPrograms $849 · Management $45$894
IX-16 OccupancyPrograms $49,105 · Management $2,239$51,344
IX-20 InterestPrograms $2$2
IX-21 Payments to affiliatesPrograms $1,258$1,258
IX-22 Depreciation, depletion and amortizationPrograms $3,317$3,317
IX-23 InsuranceManagement $769$769
IX-24 Other expenses (24a–d)Programs $215$215
IX-25 Total functional expensesPrograms $151,434 · Management $28,725 · Fundraising $0$180,159
Part X · Balance sheet $86,508 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $22,451$77,134
X-10c Land, buildings and equipment, netStart of year $10,935$9,374
X-16 Total assetsStart of year $33,386$86,508
X-25 Other liabilities$6,367
X-26 Total liabilitiesStart of year $6,250$6,367
X-27 Net assets without donor restrictionsStart of year $27,136$80,141
X-32 Total net assets or fund balancesStart of year $27,136$80,141
X-33 Total liabilities and net assetsStart of year $33,386$86,508
Part XI · Reconciliation of net assets $80,141 net assets at year end
XI-1 Total revenue$233,165
XI-2 Total expenses$180,159
XI-3 Revenue less expenses$53,006
XI-4 Net assets at start of year$27,136
XI-10 Net assets at end of year$80,141

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.

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 pay comparisons above.