Collective Learning Academy INC EIN 83-2861081 Form 990 (PDF) Claim this org

Collective Learning Academy INC

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Empowers students with disabilities to live, learn, and lead through education. For fiscal year 2025 it reported $1.3M in revenue, $1.1M in expenses, and $551K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Atlanta, GA
Website
claoa.com
Filings
5 on file (2020–2025)
Revenue
$1.3MFY2025
Expenses
$1.1M
Net assets
$551K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-2861081 Public charity (501(c)(3)) Atlanta, GA
Form 990 (PDF)
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Size
$1–10M
What they do
Empowers students with disabilities to live, learn, and lead through education.
Leadership
Rosemary Aybar · CEO & Head of School · $101K
Money in and out
$1.3M revenue, $1.1M expenses
Bottom line
91% program efficiency
Where the money goes · FY2025
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $148K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.07 Fundraising $0.02
Program efficiency
91%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▲ +74% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▲ +11% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.3M
FY2025▲ +6%
Expenses
$1.1M
FY2025▲ +4%
Total assets
$550K
FY2025▲ +37%
Total liabilities
$-778
FY2025+0.3%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$551K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$148K
Total assetsPt X · Ln 16$550K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCollective Learning Academy INC
EINHdr · item D83-2861081
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jclaoa.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B28)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
CEO & Head of School
$100,753Pt VII · Sec A
Board Member & Ceo('til May 1)
$44,812Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rosemary Aybar’s $101K as CEO & Head of School is at the 32nd percentile of top reported officer pay among 3393 $1–10M 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

NameFY2025FY2024FY2022FY2020
Rosemary Aybar$100,753$55,065
Rosemary Aybar Ms Ed$77,394
Amilcar Featherstone$48,334
Laura Deisley$44,812$25,881$37,500

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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Mission & Programs · Part III

Where the work happens

3 program services account for $1.0M of program spending, described in the organization's own filed words · FY2024.
01

The Academy Collective Learning Academy operates an accredited K-12 school offering academic and experiential learning for students with intellectual and developmental disabilities ages 10-22. These students attend school Monday-Friday on a traditional school schedule from August to May.

$796Kprogram expense
02

Transition Program In 2022, Collective Learning Academy created a program for students who have "aged out" of high school but who do not have the ability or aspiration to pursue a post-secondary education.

$237Kprogram expense
03

Summer Program Families of students with disabilties often need support during the summer months. Our staff are employed 11 months of the year, and we offer a 6 week summer program for our school-year students and other students who might benefit from our program design.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$1.2M · 92%
Contributions & grants$93K · 7%
Investment income$7K · 1%
Program service revenue92%$1.2M
Contributions & grants7%$93K
Investment income1%$7K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.07 Fundraising $0.02
Program services91%$1.0M
Management & general7%$81K
Fundraising2%$22K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$376K
Total assetsLn 16$550K
Total liabilitiesLn 26$-778
Total net assetsLn 32$551K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $376K · Operating expenses/yr $1.1M
4.0 months
Where the money goes
Program services
Program services $1.0M · Total expenses $1.1M
91%
Management & General
Management & general $81K · Total expenses $1.1M
7%
Fundraising
Fundraising $22K · Total expenses $1.1M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $16K · Solicited contributions (3-yr avg) $76K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $93K · Total revenue $1.3M
7%
Government reliance
Government grants — · Total revenue $1.3M
Earned-income share
Program service revenue $1.2M · Total revenue $1.3M
92%
Investment reliance
Investment income $7K · Total revenue $1.3M
+0.6%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $1.1M
104%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $1.2M
+6%
Revenue CAGR
FY2020 $427K · FY2024 $1.3M
+32%
Net-asset trend (YoY)
End of year $551K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $1.1M
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $550K
Net-asset ratio
Net assets $551K · Total assets $550K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $550K
0%
People & payroll
Highest Reported Total Compensation
Individual Rosemary Aybar · Reported title CEO & HEAD OF SCHOOL · Highest reported compensation $101K · Total expenses $1.1M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $752K · Total expenses $1.1M
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 7%
Fundraising cost ratio 24%
Revenue growth 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.8%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$50K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.3M revenue · viewing · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023not on file
FY2022$269K revenue · ⤓ 990 PDF
FY2021$520K revenue · ⤓ 990 PDF
FY2020$427K revenue · ⤓ 990 PDF

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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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