BETA

BOOKER T WASHINGTON ACADEMY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BOOKER T WASHINGTON ACADEMY (EIN 27-2924625)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-14
IRS object ID
202421359349302302
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T07:56:42-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN522383663PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HRT Advisors LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11340 Sullivan AvenueAddressLine1Txt
CitySouth WindsorCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06074ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272924625EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Booker T Washington Academy IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOOKBusinessNameControlTxt
Phone2039017149PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1804 State StreetAddressLine1Txt
CityNew HavenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKate KellyPersonNm
Person TitleTreasurerPersonTitleTxt
Phone2036916535PhoneNum
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKatePersonFirstNm
Person LastKellyPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonG Martin Henry Jr CPAPreparerPersonNm
PTINP00311670PTIN
Phone8606445825PhoneNum
Preparation2024-05-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKate KellyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1804 State StreetAddressLine1Txt
CityNew HavenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,368,569GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttps://www.btwanewhaven.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionBooker T. Washington Academy, Inc. (The "Academy") educates its scholars for leadership and responsible citizenship in society by developing the cognitive, moral, and social skills of children so they can compete academically and thrive in a diverse global community.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee122TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,723,421PYContributionsGrantsAmt
CY Contributions Grants$7,353,354CYContributionsGrantsAmt
PY Program Service Revenue$254,427PYProgramServiceRevenueAmt
CY Program Service Revenue$6,963CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$8,252CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$7,977,848PYTotalRevenueAmt
CY Total Revenue$7,368,569CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,485,134PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,907,557CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$68,119CYTotalFundraisingExpenseAmt
PY Other Expenses$2,195,925PYOtherExpensesAmt
CY Other Expenses$2,281,902CYOtherExpensesAmt
PY Total Expenses$7,681,059PYTotalExpensesAmt
CY Total Expenses$7,189,459CYTotalExpensesAmt
PY Revenues Less Expenses$296,789PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$179,110CYRevenuesLessExpensesAmt
Total Assets BOY$2,897,473TotalAssetsBOYAmt
Total Assets EOY$3,619,478TotalAssetsEOYAmt
Total Liabilities BOY$688,876TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,231,771TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,208,597NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,387,707NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBooker T. Washington Academy, Inc. (The "Academy") educates its scholars for leadership and responsible citizenship in society by developing the cognitive, moral, and social skills of children so they can compete academically and thrive in a diverse global community.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,021,936ExpenseAmt
Revenue$6,963RevenueAmt
DescEngaging into closing the academic achievement gap between home and school. Facilitate the positive transition of enrolled students to high school, college and beyond.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$124,027ExpenseAmt
DescDepreciationDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$124,027TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$6,145,963TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document26IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee122EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Charter School Business Management IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8887102726PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 East 79 StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10075ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Kelcy Steele
Board Chair0.00Yes (X)Yes (X)$0$0$0
Kate Kelly
Treasurer0.00Yes (X)Yes (X)$0$0$0
Dave Martin
Secretary0.00Yes (X)Yes (X)$0$0$0
Sydney Perry
Member0.00Yes (X)$0$0$0
Jesse Phillips
Member0.00Yes (X)$0$0$0
Edward Joyner
NHPS Rep0.00Yes (X)$0$0$0
Adam Rosenberg
Principle1.00$132,278$0$0Yes (X)
Charlene Joseph
Principle1.00$116,386$0$0Yes (X)
Angelina Cordoso
Teacher1.00$102,725$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$351,389TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Charter School Business Management IncBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 East 79th StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10075ZIPCd
FieldValueIRS element (for citing)
ServicesAccounting / BookkeepingServicesDesc
Compensation$131,350CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$6,728,807GovernmentGrantsAmt
All Other Contributions$624,547AllOtherContributionsAmt
Total Contributions$7,353,354TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAfter School ProgramDesc
Business611710BusinessCd
Total Revenue Column$6,963TotalRevenueColumnAmt
Related Or Exempt Func Income$6,963RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$6,963TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,252TotalRevenueColumnAmt
Exclusion$8,252ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,368,569TotalRevenueColumnAmt
Related Or Exempt Func Income$6,963RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8,252ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,162,202TotalAmt
Program Services$3,704,360ProgramServicesAmt
Management And General$416,220ManagementAndGeneralAmt
Fundraising$41,622FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$510,237TotalAmt
Program Services$454,111ProgramServicesAmt
Management And General$51,024ManagementAndGeneralAmt
Fundraising$5,102FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$235,118TotalAmt
Program Services$209,255ProgramServicesAmt
Management And General$23,512ManagementAndGeneralAmt
Fundraising$2,351FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$182,074TotalAmt
Program Services$30,953ProgramServicesAmt
Management And General$149,300ManagementAndGeneralAmt
Fundraising$1,821FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,348TotalAmt
Program Services$569ProgramServicesAmt
Management And General$2,746ManagementAndGeneralAmt
Fundraising$33FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$164,821TotalAmt
Program Services$28,572ProgramServicesAmt
Management And General$134,039ManagementAndGeneralAmt
Fundraising$2,210FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$35,824TotalAmt
Program Services$32,974ProgramServicesAmt
Management And General$2,591ManagementAndGeneralAmt
Fundraising$259FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$41,736TotalAmt
Program Services$36,004ProgramServicesAmt
Management And General$5,328ManagementAndGeneralAmt
Fundraising$404FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$703,916TotalAmt
Program Services$626,486ProgramServicesAmt
Management And General$70,392ManagementAndGeneralAmt
Fundraising$7,038FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$33,187TotalAmt
Program Services$32,410ProgramServicesAmt
Management And General$706ManagementAndGeneralAmt
Fundraising$71FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$124,027TotalAmt
Program Services$124,027ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$47,446TotalAmt
Management And General$47,446ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Repairs & Maint$400,310$356,276$40,031$4,003
Supplies$218,319$218,319
Staff Development$143,678$127,873$14,368$1,437
Taxes - Property$100,606$89,539$10,061$1,006

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$82,610TotalAmt
Program Services$74,235ProgramServicesAmt
Management And General$7,613ManagementAndGeneralAmt
Fundraising$762FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,189,459TotalAmt
Program Services$6,145,963ProgramServicesAmt
Management And General$975,377ManagementAndGeneralAmt
Fundraising$68,119FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,177,614BOYAmt
EOY$1,768,677EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$418,867BOYAmt
EOY$926,051EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$731,302LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$477,525LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$279,603BOYAmt
EOY$253,777EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$21,389BOYAmt
EOY$670,973EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,897,473BOYAmt
EOY$3,619,478EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$131,134BOYAmt
EOY$591,758EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$353BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$557,389BOYAmt
EOY$640,013EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$688,876BOYAmt
EOY$1,231,771EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,208,597BOYAmt
EOY$2,387,707EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,208,597BOYAmt
EOY$2,387,707EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,897,473BOYAmt
EOY$3,619,478EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$179,110ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$103,905InvestmentCostOrOtherBasisAmt
Depreciation$58,595DepreciationAmt
Book Value$45,310BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$627,397InvestmentCostOrOtherBasisAmt
Depreciation$418,930DepreciationAmt
Book Value$208,467BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$253,777TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
ROU Asset$629,308
Prepaid Expenses$39,165
Security Deposits$2,500
FieldValueIRS element (for citing)
Total Book Value Other Assets$670,973TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOperating Lease LiabilitiesDesc
Amt$640,013Amt
FieldValueIRS element (for citing)
Total Liability$640,013TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$7,368,569TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,368,569RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,368,569TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,189,459TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,189,459ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,189,459TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe Booker T. Washington Academy (BTWA) has partnered with Elevate Charter Schools to oversee the management of the school's operations. As part of this collaboration, the senior leadership team at Elevate Charter Schools convenes monthly meetings with the BTWA Finance Committee, comprising board members and finance professionals, to conduct a thorough review of the monthly financial reports and the 990 form before submission. The Board Treasurer plays a crucial role in this process by providing oversight and signing off on the 990 after a comprehensive review, ensuring transparency and accountability in financial matters. This collaborative effort between Elevate Charter Schools and BTWA demonstrates a commitment to sound financial management practices and upholding the highest standards of governance within the organization.
Form 990, Part VI, Section B, line 12cAnnually, the board members of the Booker T. Washington Academy diligently adhere to the school's bylaws by signing conflict of interest forms. This practice ensures transparency, integrity, and ethical conduct within the governance of the academy. By signing these forms, board members affirm their commitment to upholding the highest standards of accountability and avoiding any conflicts that may compromise the mission and values of the school. The annual signing of conflict of interest forms underscores the dedication of the board members to act in the best interests of Booker T. Washington Academy and the community it serves.
Form 990, Part VI, Section B, line 15The Booker T. Washington Academy follows a structured process for determining the compensation of its senior leadership positions, which includes a thorough review of comparability data from schools with similar demographics. This data-driven approach ensures that the compensation packages offered to senior leaders are competitive and aligned with industry standards. Additionally, factors such as the individual's experience and education level are taken into consideration during the compensation review process. By incorporating these key elements into the decision-making process, Booker T. Washington Academy strives to attract and retain top talent in its senior leadership positions while maintaining fairness and transparency in its compensation practices.
Form 990, Part VI, Section C, line 19Form 990 is avaliable on Guidestar.org for public inspection

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