Collegiate Academies
Collegiate Academies reported $64.5 million in revenue and $65.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $66.22 went to program services, $33.78 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.5% of the total. Government grants made up 96.8%. The highest compensation it reported for one person was $314,757 (CEO). 9 people received more than $100,000 in reportable compensation. Revenue rose 29% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $65MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $65MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 66.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 33.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 98.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 96.8% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $314,757 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.48% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 9 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCollegiate Academies operated six schools this year, serving nearly 3,000 public school students in new orleans and baton rouge. Over 98% of graduating seniors were accepted into a 2 or 4 year college or university. All collegiate academy schools received a "b or better letter grade from the state of louisiana for academic progress
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $297,926 | $0 | $16,831 | $314,757 |
| PRESIDENT Officer, 40.00 hrs/week | $191,702 | $0 | $13,651 | $205,353 |
| CHIEF OF STAFF Officer, 40.00 hrs/week | $162,845 | $0 | $15,963 | $178,808 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $136,453 | $0 | $11,934 | $148,387 |
| SCHOOL LEADER Highest compensated employee, 40.00 hrs/week | $136,257 | $0 | $11,341 | $147,598 |
| SCHOOL LEADER Highest compensated employee, 40.00 hrs/week | $131,161 | $0 | $15,613 | $146,774 |
| CHIEF ACADEMIC OFFICER Highest compensated employee, 40.00 hrs/week | $122,466 | $0 | $17,630 | $140,096 |
| SCHOOL LEADER Highest compensated employee, 40.00 hrs/week | $125,175 | $0 | $11,045 | $136,220 |
9 people received more than $100,000 in reportable compensation from Collegiate Academies (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5709
- Volunteers Part I, line 635
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FIRST STUDENT INC Student transportation | $6,898,128 |
| CHARTWELLS DINING SERVICES Food service | $1,756,726 |
| LOUISIANA ACADEMIC HEALTH NETWORK Health services | $621,313 |
| SCOOT EDUCATION INC Substitute teachers | $419,966 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Collegiate Academies totaling $263K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Collegiate Academies's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Collegiate Academies, you can publish a response that is linked from this page.
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Of every $100 Collegiate Academies spent in FY2025, $66.22 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Project Lead the WayIndianapolis, IN · revenue $65M · programs 83.4% · FY2025
- Associated Students UCLALos Angeles, CA · revenue $65M · programs 76.8% · FY2025
- Midland UniversityFremont, NE · revenue $65M · programs 89.6% · FY2025
- Triad Math and Science Academy CompanyApex, NC · revenue $65M · programs 74.9% · FY2025
- Dallas College FoundationDallas, TX · revenue $64M · programs 89.6% · FY2025
Questions people ask
How much of Collegiate Academies's spending goes to programs?
In the fiscal year ending June 30, 2025, Collegiate Academies reported that 66.2% of its $65.3 million in expenses went to program services, 33.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Collegiate Academies pay its top executive?
The largest total compensation Collegiate Academies reported for one person in the fiscal year ending June 30, 2025 was $314,757, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Collegiate Academies get its money?
Of $64.5 million in revenue in the fiscal year ending June 30, 2025, 98.5% came from contributions and grants (including 96.8% from government grants) and 1.1% from program service revenue (Form 990, Part VIII).
Is Collegiate Academies a registered charity?
The IRS lists EIN 80-0601507 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611279349303256 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521279349302402 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431229349300438 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349304992 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241159349301519 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140789349300404 · read the filing
All filings for EIN 80-0601507: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.