Nonprofit · EIN 20-2870669
INSTITUTE OF ACADEMIC EXCELLENCE
Tax-exempt · NEW ORLEANS, LA 70115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,226,951 | $9,422,932 | -$195,981 | $7,772,381 | $540,538 | $7,231,843 |
| June 30, 2024 | 990 | $10,164,401 | $9,021,809 | $1,142,592 | $8,341,829 | $914,005 | $7,427,824 |
| June 30, 2023 | 990 | $8,113,048 | $7,927,262 | $185,786 | $7,017,056 | $731,824 | $6,285,232 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,008,585
- of which government grants
- $8,983,223
- Program service revenue
- $0
- Investment income
- $535
- Other revenue
- $217,831
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $451,437
- Other salaries and wages
- $4,484,182
- Salaries, compensation and benefits (total)
- $5,768,412
- Professional fundraising fees
- $0
- Legal fees
- $18,208
- Accounting fees
- $99,065
- Occupancy
- $332,506
- Travel
- $26,224
- Depreciation
- $224,802
- Program services (functional)
- $7,799,115
- Management and general (functional)
- $1,623,817
Balance sheet and other
- Total assets, start of year
- $8,341,829
- Total assets, end of year
- $7,772,381
- Total liabilities, end of year
- $540,538
- Net assets, end of year
- $7,231,843
- Land, buildings and equipment
- $1,134,690
- Net assets without donor restrictions
- $7,231,843
- Gross receipts
- $9,226,951
- Employees
- 115
- Volunteers
- 14
- Year formed
- 2005
- State of legal domicile
- LA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON CLARK | CHARTER DIRECTOR Officer | 65 | $236,631 | $31,093 |
| CHISTOPHER WINDON | FINANCE DIRECTOR Officer | 60 | $150,435 | $12,235 |
| JAMES WATSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALVIN PORTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE HARDY | BOARD PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BERNARD GRIFFITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COREY WATSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANIE MALVEAUX | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REGINALD DELECIA | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON CLARK | CHARTER DIRECTOR Trustee or director, Officer | 65 | $237,750 | $32,946 |
| CHISTOPHER WINDON | FINANCE DIRECTOR Trustee or director, Officer | 60 | $133,278 | $15,009 |
| RAESCHELLE LANDRY | HUMAN RESOURCES DIRECTOR Highest-paid employee | 40 | $112,153 | $0 |
| JAMES WATSON | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| ALVIN PORTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE HARDY | BOARD PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BERNARD GRIFFITH | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| COREY WATSON | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| JANIE MALVEAUX | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| REGINALD DELECIA | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON CLARK | CHARTER DIRECTOR Officer | 65 | $211,082 | $31,173 |
| CHISTOPHER WINDON | FINANCE DIRECTOR Officer | 60 | $112,446 | $18,217 |
| JAMES WATSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ALVIN PORTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SHENELLE BOSTON | BOARD MEMBER & CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BERNARD GRIFFITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COREY WATSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANIE MALVEAUX | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REGINALD DELECIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1426 NAPOLEON AVE, NEW ORLEANS, LA 70115-3958
- Principal officer (990 for 2024)
- DR SHARON CLARK, 1426 NAPOLEON AVE, NEW ORLEANS, LA 70115
- Signed the 990
- DR SHARON CLARK, CHARTER DIRECTOR
- Phone
- (504) 304-3916
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE MISSION OF SOPHIE B. WRIGHT CHARTER SCHOOL IS TO CREATE A COMMUNITY OF EMPOWERED LEARNERS IN AN ATMOSPHERE OF MUTUAL RESPECT AND TRUST. EVERY STUDENT WILL BE INSPIRED AND CHALLENGED TO LEARN, GROW, AND ACCOPMLISH ACADEMIC, SOCIAL, AND VOCATIONAL GOALS.
Program accomplishments
- SOPHIE B. WRIGHT CHARTER SCHOOL PROVIDES A SAVE AND NURTURING ENVIRONMENT TO STUDENTS IN WHICH IT COLLABORATES DAILY TO ENSURE THAT THE STUDENTS DEVELOP CONFIDENCE, COMPETENCE AND INDEPENDENT CAPACITY THROUGH DELIVERY OF A RIGOROUS CURRICULUM AND APPROPRIATE RESEARCH-BASED INSTRUCTION.Expenses $7,799,115 · revenue $135,150
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2870669
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $7,772,381
- Income (IRS master file)
- $9,226,951
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,226,951 | $9,422,932 | $7,772,381 | IRS |
| 990 | June 2024 | $10,164,401 | $9,021,809 | $8,341,829 | IRS |
| 990 | June 2023 | $8,113,048 | $7,927,262 | $7,017,056 | XML |
| 990 | June 2022 | $7,672,609 | $7,304,973 | $6,845,376 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2870669).
Questions about INSTITUTE OF ACADEMIC EXCELLENCE
- What is the EIN of INSTITUTE OF ACADEMIC EXCELLENCE?
- The employer identification number (EIN) of INSTITUTE OF ACADEMIC EXCELLENCE is 20-2870669.
- Is INSTITUTE OF ACADEMIC EXCELLENCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to INSTITUTE OF ACADEMIC EXCELLENCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE OF ACADEMIC EXCELLENCE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE OF ACADEMIC EXCELLENCE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE OF ACADEMIC EXCELLENCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INSTITUTE OF ACADEMIC EXCELLENCE?
- The 990 for the year ended June 30, 2025 names DR SHARON CLARK.
- Who are the officers and directors of INSTITUTE OF ACADEMIC EXCELLENCE?
- The 990 for the year ended June 30, 2025 lists 9 people; 2 received compensation from the organization, the highest $236,631 (SHARON CLARK, CHARTER DIRECTOR).
- How much revenue does INSTITUTE OF ACADEMIC EXCELLENCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,226,951, expenses of $9,422,932 and total assets of $7,772,381 at year end.
Other nonprofits in NEW ORLEANS
- THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND EIN 72-0423889 · last filed 990 for 2025
- LOYOLA UNIVERSITY EIN 72-0408946 · last filed 990 for 2025
- XAVIER UNIVERSITY OF LOUISIANA EIN 72-0635884 · last filed 990 for 2025
- KIPP NEW ORLEANS INC EIN 20-2277213 · last filed 990 for 2025
- INSPIRENOLA CHARTER SCHOOLS EIN 46-0675150 · last filed 990 for 2025
- COLLEGIATE ACADEMIES EIN 80-0601507 · last filed 990 for 2025
- RENEW-REINVENTING EDUCATION EIN 80-0419622 · last filed 990 for 2025
- FIRSTLINE SCHOOLS INC EIN 72-1409800 · last filed 990 for 2025