Day 1 Academies
Also known as Bezos Academy
Day 1 Academies reported $122.0 million in revenue and $98.3 million in expenses for calendar year 2024. Of every $100 it spent, $77.53 went to program services, $22.47 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.8% of the total. The highest compensation it reported for one person was $691,608 (PRESIDENT (THRU 10/24), CHAIRMAN). 171 people received more than $100,000 in reportable compensation. Revenue rose 376% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $98MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $122MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 22.5% | 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 | 98.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $691,608 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.70% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 171 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 1 of 3 | 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
2024 · Form 990, Part III · the three largest programs by expenseIn 2024, day 1 academies operated twenty-five schools with capacity for 1,620 students. Also in 2024, day 1 academies continued construction and development of 17 new shools for future planned openings. Day 1 academies also trained teachers and developed educational software, technology, and assessments for internal use
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| PRESIDENT (THRU 10/24), CHAIRMAN Director/trustee, officer, 40.00 hrs/week | $656,888 | $0 | $34,720 | $691,608 |
| COO/CTO (THRU 10/24), PRESIDENT Director/trustee, officer, 40.00 hrs/week | $543,160 | $0 | $46,985 | $590,145 |
| CHIEF EDUCATION OFFICER, VP Key employee, 40.00 hrs/week | $411,399 | $0 | $49,486 | $460,885 |
| CHIEF EQUITY OFFICER (THRU 8/24) Key employee, 40.00 hrs/week | $391,687 | $0 | $31,364 | $423,051 |
| CHIEF LEGAL OFFICER, GC, SECRETARY Officer, 40.00 hrs/week | $380,081 | $0 | $38,053 | $418,134 |
| CHIEF FINANCE OFFICER, TREASURER Officer, 40.00 hrs/week | $362,688 | $0 | $46,985 | $409,673 |
| SENIOR DIRECTOR, OPERATIONS Highest compensated employee, 40.00 hrs/week | $353,926 | $0 | $48,459 | $402,385 |
| CHIEF PEOPLE OFFICER Key employee, 40.00 hrs/week | $343,997 | $0 | $36,753 | $380,750 |
171 people received more than $100,000 in reportable compensation from Day 1 Academies (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.1M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b3 · 1 independent
- Audited financial statements Part XII 2bNo
- 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 2Yes
- 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 5696
- Volunteers Part I, line 643
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CONSTRUCTION ONE INC General contractor services | $2,418,091 |
| KBE BUILDING CORPORATION General contractor services | $1,510,246 |
| RUBICON CONSTRUCTION LLC General contractor services | $1,298,952 |
| KORSMO CONSTRUCTION General contractor services | $1,248,791 |
| BASSETTI ARCHITECTS General contractor services | $1,059,911 |
Individuals listed as contractors are left out. 25 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Day 1 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 Day 1 Academies, you can publish a response that is linked from this page.
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Of every $100 Day 1 Academies spent in 2024, $77.53 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Day 1 Academies's spending goes to programs?
In calendar year 2024, Day 1 Academies reported that 77.5% of its $98.3 million in expenses went to program services, 22.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Day 1 Academies pay its top executive?
The largest total compensation Day 1 Academies reported for one person in calendar year 2024 was $691,608, for the role of PRESIDENT (THRU 10/24), CHAIRMAN (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Day 1 Academies get its money?
Of $122.0 million in revenue in calendar year 2024, 98.8% came from contributions and grants (including 0.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Day 1 Academies a registered charity?
The IRS lists EIN 84-3907778 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349316440 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349321893 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349328267 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349320953 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349329100 · read the filing
All filings for EIN 84-3907778: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.