Nonprofit · EIN 85-0689442
DRAKE ACADEMY OF EXCELLENCE INC
Tax-exempt · BILLERICA, MA 01821
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $58,750 | $96,780 | -$38,030 | $36,305 | – | $38,796 |
| December 31, 2024 | 990-EZ | $28,325 | $36,711 | -$8,386 | $76,826 | – | $76,826 |
| December 31, 2023 | 990-EZ | $100,045 | $23,666 | $76,379 | $85,212 | – | $85,212 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $28,650
- Program service revenue
- $30,100
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $7,445
- Occupancy
- $63,513
- Printing, publications and postage
- $151
- Other expenses
- $25,671
Balance sheet and other
- Total assets, start of year
- $76,826
- Total assets, end of year
- $36,305
- Total liabilities, end of year
- –
- Net assets, end of year
- $38,796
- Cash, savings and investments
- $36,305
- Gross receipts
- $58,750
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Esther Concepcion | Executive Director | 60 | $0 |
| Natasha Huggins | Board member | 4 | $0 |
| Dave Shi | Boatd Member | 4 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Esther Concepcion | Executive Director | 60 | $0 |
| Ethan Brown | Treasurer | 4 | $0 |
| Kimberly Farmer | Board Member | 4 | $0 |
| Brittany Young | Co-founder | 60 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Esther Concepcion | Executive Director | 50 | $0 |
| Ethan Brown | Treasurer | 4 | $0 |
| Kimberly Farmer | Board Member | 4 | $0 |
| Brittany Young | Executive Assistant | 50 | $0 |
Address and contacts
- Address (IRS master file)
- 109 DUDLEY RD, BILLERICA, MA 01821-4143
- In care of
- % ESTHER CONCEPCION
- Mailing address (990-N for 2022)
- 109 Dudley Rd, Billerica MA 01821
- Principal officer (990-N for 2022)
- Esther Concepcion, 28 Valleyview Drive, Merrimack NH 03054
- Signed the 990-EZ
- Esther, Executive Director
Mission
To create systemic change in education through the opening of an innovative school and collaborative learning institute.
Program accomplishments
- We are still in the very early stages of opening our school. We have signed a lease for some space in Chelmsford MA and plan to open our school for the 2026 school year with 20 students adding 1 grade each year up to grade 8. In addition to this we will run a collaborative learning institute. We plan to run an after school program too.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-0689442
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $36,305
- Income (IRS master file)
- $58,750
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $58,750 | $96,780 | $36,305 | IRS |
| 990-EZ | December 2024 | $28,325 | $36,711 | $76,826 | IRS |
| 990-EZ | December 2023 | $100,045 | $23,666 | $85,212 | XML |
| 990-N for 2022 Officer: Esther Concepcion | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: ETHAN BROWN | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-0689442).
Questions about DRAKE ACADEMY OF EXCELLENCE INC
- What is the EIN of DRAKE ACADEMY OF EXCELLENCE INC?
- The employer identification number (EIN) of DRAKE ACADEMY OF EXCELLENCE INC is 85-0689442.
- Is DRAKE ACADEMY OF EXCELLENCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to DRAKE ACADEMY OF EXCELLENCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DRAKE ACADEMY OF EXCELLENCE INC 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 DRAKE ACADEMY OF EXCELLENCE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DRAKE ACADEMY OF EXCELLENCE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of DRAKE ACADEMY OF EXCELLENCE INC?
- The 990-N for 2022 names Esther Concepcion.
- Who are the officers and directors of DRAKE ACADEMY OF EXCELLENCE INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DRAKE ACADEMY OF EXCELLENCE INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $58,750, expenses of $96,780 and total assets of $36,305 at year end.
Other nonprofits in BILLERICA
- BILLERICA PUBLIC LIBRARY FOUNDATION INC EIN 02-0588305 · last filed 990 for 2025
- DITSON SCHOOL ASSOCIATION EIN 04-3828095 · last filed 990-EZ for 2025
- PARKER SCHOOL PARENT TEACHERS ORGANIZATION EIN 04-3481200 · last filed 990-EZ for 2025
- SHAWSHEEN TECHNICAL SCHOLARSHIP FUND EIN 46-3844100 · last filed 990-EZ for 2025
- NATIONAL PUBLIC SAFETY SOLUTIONSINC EIN 20-4446533 · last filed 990-EZ for 2024
- BILLERICA PARTNERS FOR EDUCATION INC EIN 04-3157320 · last filed 990-EZ for 2023
- NEW ENGLAND TROWEL TRADES ASSOCIATI ON INCORPORATED EIN 39-3990274 · last filed 990-EZ for 2025
- KRISTEN CORBETT MEMORIAL SCHOLARSHIP EIN 27-1727036 · last filed 990-EZ for 2025