Skip to main content

Nonprofit · EIN 26-4196416

BELLA ACADEMY OF EXCELLENCE

Tax-exempt · CLEVELAND, OH 44119

Financials

$3.9M$3.8M2022$4.2M$4.1M2023$4.1M$4M2024
Revenue Expenses · by fiscal year end
Financials of BELLA ACADEMY OF EXCELLENCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,102,011$3,979,236$122,775$2,522,553$4,294,178-$1,771,625
June 30, 2024990$4,175,239$4,061,841$113,398$937,651$2,832,051-$1,894,400
June 30, 2023990$3,854,655$3,794,648$60,007$1,449,586$3,457,384-$2,007,798
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,070,284
of which government grants
$3,738,272
Program service revenue
$0
Investment income
$0
Other revenue
$31,727

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$25,779
Occupancy
$47,999
Depreciation
$472,811
Program services (functional)
$824,034
Management and general (functional)
$3,155,202

Balance sheet and other

Total assets, start of year
$937,651
Total assets, end of year
$2,522,553
Total liabilities, end of year
$4,294,178
Net assets, end of year
-$1,771,625
Land, buildings and equipment
$1,891,246
Net assets without donor restrictions
-$1,771,625
Gross receipts
$4,102,011
Employees
0
Year formed
2009
State of legal domicile
OH

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.

NameTitleHours / weekCompensation
Dan LambTreasurer
Officer
0.5$0
Hakeem ThorntonBoard President
Trustee or director, Officer
1$0
William WrightVice President
Trustee or director, Officer
1$0
Desarice JonesSecretary
Trustee or director, Officer
1$0
James ScottBoard Member
Trustee or director
1$0
Claire SmithBoard Member
Trustee or director
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
Hakeem ThorntonBoard President
Trustee or director, Officer
0.5$0
William WrightBoard Member
Trustee or director
0.5$0
Claire SmithBoard Secretary
Trustee or director, Officer
0.5$0
James ScottBoard Member
Trustee or director
0.5$0
Desarice JonesBaord Member
Trustee or director
0.5$0
Dan LambTreasurer
Officer
0.5$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
Hakeem ThorntonBoard President
Trustee or director, Officer
0.5$0
William WrightBoard Member
Trustee or director
0.5$0
Claire PowellBoard Secretary
Trustee or director, Officer
0.5$0
James ScottBoard Member
Trustee or director
0.5$0
Desarice JonesBoard Member
Trustee or director
0.5$0
Dan LambTreasurer
Officer
0.5$0

Address and contacts

Address (IRS master file)
19114 BELLA DR, CLEVELAND, OH 44119-3007
Principal officer (990 for 2024)
Hakeem Thornton, 19114 Bella Drive, Cleveland, OH 44119
Signed the 990
Hakeem Thornton, Principal Officer
Phone
(216) 481-1500
Return prepared by
Zupka & Associates

Mission

Preparing students for lifetime achievement and the global future by creating an innovative and academically excellent school.

990 for the year ended June 30, 2025

Program accomplishments

  • The school provided students with academically excellent learning opportunity by offering challenging curricula richly infused with math, arts, science, and technology and is designed to engage all in the learning process. The school is a community charter school in the State of Ohio.
    Expenses $824,034 · revenue $31,727

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-4196416
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$2,522,553
Income (IRS master file)
$4,102,011

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,102,011$3,979,236$2,522,553IRS
990June 2024$4,175,239$4,061,841$937,651IRS
990June 2023$3,854,655$3,794,648$1,449,586XML
990June 2022$4,085,531$3,872,423$1,945,965IRS
990June 2021–––IRS
990June 2020–––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 26-4196416).

Questions about BELLA ACADEMY OF EXCELLENCE

What is the EIN of BELLA ACADEMY OF EXCELLENCE?
The employer identification number (EIN) of BELLA ACADEMY OF EXCELLENCE is 26-4196416.
Is BELLA ACADEMY OF EXCELLENCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to BELLA ACADEMY OF EXCELLENCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BELLA ACADEMY OF 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 BELLA ACADEMY OF 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 BELLA ACADEMY OF 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 BELLA ACADEMY OF EXCELLENCE?
The 990 for the year ended June 30, 2025 names Hakeem Thornton.
Who are the officers and directors of BELLA ACADEMY OF EXCELLENCE?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does BELLA ACADEMY OF EXCELLENCE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,102,011, expenses of $3,979,236 and total assets of $2,522,553 at year end.

Other nonprofits in CLEVELAND

All nonprofits in CLEVELAND · Ohio · Education