A New Day Learning Academy Inc is a 501(c)(3) organization based in Temple, Texas, registered in 2020, with $805,217 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$805K
▼ 42.5% vs prior year
Education median: $200K
Expenses (FY2024)
$974K
Net assets
$71K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A New Day Learning Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A New Day Learning Academy Inc: 1 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A New Day Learning Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A New Day Learning Academy Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $66K (FY2018) to $805K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-21.0%
Spent more than it raised in the latest fiscal year.
Total assets
$262K
Total liabilities
$191K
Net assets
$71K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $805,217▼42.5% | $974,028▼30.6% | $71,067▼70.4% | $261,714▼37.3% | 990 |
| 2023 | $1,400,290▲20.7% | $1,404,369▲28.4% | $239,878▼1.7% | $417,235▲2.9% | 990 |
| 2022 | $1,160,616▲65.9% | $1,093,564▲92.6% | $243,957▲37.9% | $405,337▼12.4% | 990 |
| 2021 | $699,717▲104% | $567,882▲78.0% | $176,905▲293% | $462,712▲46.2% | 990 |
| 2020 | $343,551▲107% | $318,949▲76.7% | $45,070▲120% | $316,576▲161% | 990 |
| 2019 | $165,839▲153% | $180,468▲140% | $20,468▼67.3% | $121,212▼10.8% | 990EZ |
| 2018 | $65,507 | $75,159 | $62,603 | $135,842 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A New Day Learning Academy Inc (EIN 46-5255741) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.