Peace Academy Charter EIN 84-4164087

Peace Academy Charter

EIN  84-4164087 Public charity (501(c)(3)) Decatur, GA
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
an education nonprofit
Leadership
Ebony Keys · Executive Director · $134K
Money in and out
$4.0M revenue, $4.4M expenses
Bottom line
82% program efficiency

Peace Academy Charter is an education nonprofit based in Decatur, GA. For fiscal year 2025 it reported $4.0M in revenue, $4.4M in expenses, and $-256K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$4.0M
Pt VIII · Ln 12
Total expenses
$4.4M
Pt IX · Ln 25
Net assets
$-256K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$442K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate▼ -11% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▼ -362% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$4.0M
FY2025▲ +30%
Expenses
$4.4M
FY2025▲ +50%
Total assets
$6.6M
FY2025▲ +15%
Total liabilities
$6.9M
FY2025▲ +23%
Total revenue
$4.0M
Pt VIII · Ln 12
Total expenses
$4.4M
Pt IX · Ln 25
Net assets
$-256K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$442K
Total assetsPt X · Ln 16$6.6M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

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

Operation of a charter school.

$3.6Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPeace Academy Charter
EINHdr · item D84-4164087
Principal addressHdr · item CDecatur, GA
WebsiteHdr · item Jwww.peaceacademycharter.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B29)
Ruling yearIRS BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
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
Executive Director
$134,171Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Ebony Keys’s $134K as Executive Director is at the 55th 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Ebony Keys$134,171$121,000$120,000
Ebony Payne Brown$85,000

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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Statement of Revenue

Part VIII
Program service revenue$3.3M · 82%
Contributions & grants$439K · 11%
Other revenue$260K · 7%
Program service revenue82%$3.3M
Contributions & grants11%$439K
Other revenue7%$260K
— government grantsLn 1e$439K
Total revenueLn 12$4.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$3.6M
Management & general18%$781K
Total functional expensesLn 25$4.4M

Balance Sheet

Part X · end of year
CashLn 1$305K
Total assetsLn 16$6.6M
Total liabilitiesLn 26$6.9M
Total net assetsLn 32$-256K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $305K · Operating expenses/yr $4.4M
0.8 months
Where the money goes
Program services
Program services $3.6M · Total expenses $4.4M
82%
Management & General
Management & general $781K · Total expenses $4.4M
18%
Fundraising
Fundraising $0 · Total expenses $4.4M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $549K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $439K · Total revenue $4.0M
11%
Government reliance
Government grants $439K · Total revenue $4.0M
11%
Earned-income share
Program service revenue $3.3M · Total revenue $4.0M
82%
Investment reliance
Investment income $0 · Total revenue $4.0M
0%
Program self-sufficiency
Program service revenue $3.3M · Total expenses $4.4M
74%
Growth & trend
Revenue growth (YoY)
This year $4.0M · Prior year $3.1M
+30%
Net-asset trend (YoY)
End of year $-256K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.0M · Expenses $4.4M
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $6.6M
Net-asset ratio
Net assets $-256K · Total assets $6.6M
-4%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ebony Keys · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $134K · Total expenses $4.4M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $4.4M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Fundraising cost ratio 0%
Revenue growth 30%

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 · FY2024
Charter Fund INCFY2024$130K
Total grants receivedfrom 2 funders$332K

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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)$4.0M revenue · viewing · ⤓ 990 PDF
FY2024$3.1M revenue · ⤓ 990 PDF
FY2023$833K revenue · ⤓ 990 PDF
FY2022$266K 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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