Nonprofit · EIN 92-3060150
ACADEMYSTAY
Tax-exempt · SACRAMENTO, CA 95815
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $843,955 | $804,269 | $39,686 | $209,536 | $29,280 | $180,256 |
| December 31, 2024 | 990 | $565,496 | $476,793 | $88,703 | $147,595 | $7,025 | $140,570 |
| December 31, 2023 | 990-EZ | $150,927 | $99,060 | $51,867 | $54,814 | $2,947 | $51,867 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $814,141
- Program service revenue
- $56,690
- Investment income
- -$28,097
- Net gain from sales of assets
- -$28,097
- Net income from sales of inventory
- $1,221
- Other revenue
- $1,221
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $179,780
- Other salaries and wages
- $272,260
- Salaries, compensation and benefits (total)
- $505,042
- Professional fundraising fees
- $0
- Legal fees
- $16,875
- Accounting fees
- $30,283
- Occupancy
- $14,706
- Depreciation
- $1,806
- Program services (functional)
- $428,895
- Management and general (functional)
- $258,821
- Fundraising (functional)
- $116,553
Balance sheet and other
- Total assets, start of year
- $147,595
- Total assets, end of year
- $209,536
- Total liabilities, end of year
- $29,280
- Net assets, end of year
- $180,256
- Land, buildings and equipment
- $94
- Net assets without donor restrictions
- $180,256
- Gross receipts
- $939,052
- Employees
- 8
- Volunteers
- 25
- Year formed
- 2023
- State of legal domicile
- CA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jennifer Davidson | CEO Trustee or director | 40 | $179,780 |
| Jason France | Board Chair Trustee or director, Officer | 5 | $0 |
| Susan Reynolds | Secretary Trustee or director, Officer | 5 | $0 |
| Tabitha Leeds | Treasurer Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jennifer Davidson | Chief Executive Officer Officer | 40 | $175,500 | $1,495 |
| Tabitha Leeds | Treasurer Officer | 1 | $0 | $0 |
| Susan Reynolds | Secretary Officer | 1 | $0 | $0 |
| Jason France | Board Chair Officer | 1 | $0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jennifer Davidson | Chief Executive Officer | 40 | $40,351 |
| Tabitha Leeds | Treasurer | 1 | $0 |
| Susan Reynolds | Secretary | 1 | $0 |
| Jason France | Board Chair | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2675 ALTOS AVE, SACRAMENTO, CA 95815-1600
- Principal officer (990 for 2025)
- Jennifer Davidson, 2675 Altos Ave Unit 2, Sacramento, CA 95815
- Signed the 990
- Jennifer Davidson, CEO
- Phone
- (916) 248-7961
- Website
- www.academystay.org
- Return prepared by
- MICHAEL SHIMIZU CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 92-3060150 or by the name ACADEMYSTAY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
AcademySTAY empowers transitional-aged foster youth by offering safe housing, skills training, and educational resources-enabling them to make informed decisions and transition toward independence with confidence
Program accomplishments
- In 2025, AcademySTAY completed its first full year of operations as a Sacramento-based nonprofit providing transitional housing and wraparound support to young adults transitioning from foster care who are actively pursuing post-secondary education or vocational training. AcademySTAYs model requires 100% of enrolled students to be engaged in an accredited college program, university degree program, or recognized vocational or trade certification as a condition of residency. This enrollment requirement is the foundation of the programs design and distinguishes AcademySTAY from traditional transitional housing models. During 2025, AcademySTAY served 52 unique student residents across its North Sacramento campus in Del Paso Heights (zip code 95815), providing 7,059 safe nights of housing over the course of the year. All four residential buildings, comprising 28 two- bedroom units with a combined capacity of 56 students, were fully renovated, furnished, and operational throughout 2025. Students reside in fully furnished units and contribute toward housing costs based on individual income and voucher eligibility, with subsidies toward housing costs based on individual income and voucher eligibility, with subsidies income thresholds. Students also received individualized one-on-one support, life skills education, financial literacy instruction, mentorship, educational guidance, and connections to community health and wellness resources. AcademySTAY partnered with SAFE Credit Union and JPMorgan Chase to deliver regular on- campus financial literacy and life skills instruction, connecting students to financial education and professional development resources in the Sacramento region. AcademySTAY continued strengthening partnerships with nonprofit organizations, educational institutions, volunteers, and community-based service providers to expand resources and opportunities available to residents. AcademySTAY also engaged young adults with lived foster care experience as paid contributors during the organizations ongoing program development, incorporating their direct experience into the refinement of program guidelines, support structures, and community-building practices. This participatory approach reflects AcademySTAYs commitment to centering student voice in organizational decision-making. The organization expanded student support infrastructure in 2025 with the launch of a clothing closet and hygiene supply program, providing students with access to professional attire and personal care items. AcademySTAY also received a $10,000 grant from Soroptimist International to provide four electric bicycles, improving transportation access for students traveling to school, employment, and appointments throughout the Sacramento region. Students achieved notable individual milestones during 2025, including completion of a high school diploma through Job Corps, an EMT workforce certification through EMSCorp, a home construction training certification through HBI BuildStrong Academy, and a Bachelor of Science in Psychology from Sacramento State University. These outcomes reflect the direct impact of housing stability on educational persistence and workforce readiness for a population that faces significant structural barriers to degree and credential completion. AcademySTAY continued strengthening its operational systems, staffing, volunteer engagement, community partnerships, and donor development throughout 2025 to support long-term organizational sustainability. These accomplishments reflect AcademySTAYs ongoing commitment to providing stable housing, educational opportunity, and individualized support to young adults transitioning from foster care, enabling them to pursue stable, self-determined futures.Expenses $428,895
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 92-3060150
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $209,536
- Income (IRS master file)
- $939,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $843,955 | $804,269 | $209,536 | XML |
| 990 | December 2024 | $565,496 | $476,793 | $147,595 | IRS |
| 990-EZ | December 2023 | $150,927 | $99,060 | $54,814 | XML |
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 92-3060150).
Questions about ACADEMYSTAY
- What is the EIN of ACADEMYSTAY?
- The employer identification number (EIN) of ACADEMYSTAY is 92-3060150.
- Is ACADEMYSTAY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to ACADEMYSTAY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMYSTAY 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 ACADEMYSTAY 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 ACADEMYSTAY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ACADEMYSTAY?
- The 990 for the year ended December 31, 2025 names Jennifer Davidson.
- Who are the officers and directors of ACADEMYSTAY?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $179,780 (Jennifer Davidson, CEO).
- How much revenue does ACADEMYSTAY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $843,955, expenses of $804,269 and total assets of $209,536 at year end.
Other nonprofits in SACRAMENTO
- SUTTER VISITING NURSE ASSOCIATION AND HOSPICE EIN 94-6068843 · last filed 990 for 2024
- SACRAMENTO CHINESE COMMUNITY SERVICE CENTER INC EIN 94-2581434 · last filed 990 for 2025
- B J JORDAN CHILD CARE PROGRAMS INC EIN 94-2399708 · last filed 990 for 2025
- STANFORD YOUTH SOLUTIONS EIN 68-0065690 · last filed 990 for 2025
- SACRAMENTO CHILDRENS HOME EIN 94-1156588 · last filed 990 for 2025
- CHILDRENS SERVICES FOUNDATION EIN 94-2901623 · last filed 990 for 2025
- SACRAMENTO STEPS FORWARD EIN 27-4907397 · last filed 990 for 2024
- SACRAMENTO LOAVES AND FISHES EIN 68-0189897 · last filed 990 for 2025