Drake Academy Of Excellence Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850689442 ✦ Billerica, MA ✦ Designated as a 501(c)(3)

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Overview

What is Drake Academy Of Excellence Inc?

Drake Academy of Excellence Inc is a dedicated nonprofit organization with a vision to revolutionize education. Established with the aim of opening an innovative school by 2024, they are currently focused on fundraising and community engagement. Their primary strategy involves collaborating with local leaders and increasing public awareness about their cause. The organization demonstrates a strong commitment to inspiring hope within their community, as they channel almost all their expenses towards promoting their educational project.


Official website here: www.drakeacademyofexcellence.comform 990 schedule b

Is Drake Academy Of Excellence Inc legitimate?

Drake Academy Of Excellence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drake Academy Of Excellence Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.drakeacademyofexcellence.comform 990 schedule b

What is the mission statement of Drake Academy Of Excellence Inc?

The mission of Drake Academy of Excellence Inc. is centered around driving systemic change in the educational sector. They aim to achieve this by establishing an innovative school and collaborative learning institute, with plans to open the school in 2024. To accomplish this, they are currently engaged in fundraising activities and raising awareness within their community about their cause. The organization demonstrates a strong commitment to inspiring hope within their community, as they allocate a significant portion of their expenses towards promoting awareness about their upcoming school.


Official website here: www.drakeacademyofexcellence.comform 990 schedule b

Who is the CEO of Drake Academy Of Excellence Inc?

Esther Concepcion is the Executive Director of Drake Academy Of Excellence Inc.


Official website here: www.drakeacademyofexcellence.comform 990 schedule b

What is the revenue of Drake Academy Of Excellence Inc?

Drake Academy Of Excellence Inc's revenue in 2022 was $14,962.


Official website here: www.drakeacademyofexcellence.comform 990 schedule b

Who are the executives of Drake Academy Of Excellence Inc and what are their salaries?


Here are 4 key members and their salaries:


Esther Concepcion (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethan Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Farmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Young (Executive Assistant)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.drakeacademyofexcellence.comform 990 schedule b

Where can I find the form 990EZ for Drake Academy Of Excellence Inc?

Drake Academy Of Excellence Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.drakeacademyofexcellence.comform 990 schedule b

Learn more at the official website: www.drakeacademyofexcellence.comform 990 schedule b

Mission Statement of Drake Academy Of Excellence Inc

Drake Academy of Excellence, a nonprofit organization, is dedicated to instigating systematic change in the educational sector. Their primary objective is to establish an innovative school and collaborative learning institute, which they plan to open in 2024. In order to accomplish this, they are actively engaging with community leaders, raising awareness, and collecting funds. This organization demonstrates a strong commitment to uplifting their community by channeling the majority of their expenditures towards raising awareness for their forthcoming school.

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Impact




August, 2024

Drake Academy of Excellence Inc's impact lies in its mission to create systemic change in education by opening an innovative school and collaborative learning institute. The organization's primary goal is to open a school in 2024, and they are currently raising funds to achieve this through community engagement and awareness efforts. By inspiring hope within the community and dedicating resources towards raising awareness for the school, Drake Academy of Excellence is paving the way for a brighter future in education in Billerica, MA.




This information is meant to be a general summary of Drake Academy Of Excellence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,962 (2022)
Expenses
$8,845 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $16,028

Assets and Liabilities:

  • Total Assets: $8,833
  • Total Liabilities: $0
  • Net Assets: $8,833

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Organization Details

Principal Officer

Esther Concepcion

Main Address

109 DUDLEY RD, BILLERICA, MA, 01821

NTEE Category

Code: B24 - Education

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