Collegiate Academies
Only 47% goes to programs $0 to raise $100 Growing revenue
Collegiate Academies is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 2010, with $65,816,538 in FY2023 revenue. CharityIndex grades it C+, and it directs about 47% of spending to programs.
2625 Thalia St, New Orleans, LA, 70113 EIN 80-0601507 Since 2010
Revenue (FY2023)
$65.8M
▼ 1.0% vs prior year
Education median: $200K
Expenses (FY2023)
$66.3M
Net assets
$19.1M
Employees
721
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →DProgram efficiency40% of the rating47% to programs · $0 to raise $100
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. For Collegiate Academies: 47% to programs · $0 to raise $100 earns a D on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · -1% margin
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 Collegiate Academies: 3 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Collegiate Academies: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Collegiate Academies: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Collegiate academies builds world-class public schools that prepare all students for college success and lives of unlimited opportunity.
Contact & location
- Address
- 2625 Thalia St, New Orleans, LA, 70113
- City
- New Orleans
- State
- Louisiana
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $12.3M (FY2013) to $65.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5.6MNet assets $19.1M
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$24.7M
Total liabilities
$5.6M
Net assets
$19.1M
Salaries & benefits
$40.9M
62% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $65,816,538▼1.0% | $66,307,640▲10.3% | $19,113,863▼2.5% | $24,693,410▲6.0% | 990 |
| 2022 | $66,468,144▲23.9% | $60,136,231▲11.1% | $19,604,965▲47.7% | $23,301,807▲38.3% | 990 |
| 2021 | $53,651,959▲18.9% | $54,111,369▲23.8% | $13,273,052▼0.8% | $16,847,394▲9.5% | 990 |
| 2020 | $45,139,366▼9.5% | $43,701,633▲2.2% | $13,385,962▲12.0% | $15,386,568▲21.7% | 990 |
| 2019 | $49,893,489▲34.5% | $42,741,965▲17.0% | $11,948,229▲149% | $12,644,602▲108% | 990 |
| 2018 | $37,105,390▲31.0% | $36,546,525▲32.9% | $4,796,664▲9.9% | $6,093,264▲6.5% | 990 |
| 2017 | $28,328,900▲21.5% | $27,498,135▲26.9% | $4,362,646▲23.5% | $5,720,263▲24.1% | 990 |
| 2016 | $23,316,298▲14.5% | $21,664,388▲5.7% | $3,531,881▲87.9% | $4,609,080▲105% | 990 |
| 2015 | $20,361,090▲28.3% | $20,496,239▲29.9% | $1,879,342▼7.1% | $2,243,492▼4.9% | 990 |
| 2014 | $15,864,789▲28.5% | $15,778,408▲30.8% | $2,023,279▼2.5% | $2,359,513▼2.5% | 990 |
| 2013 | $12,347,982 | $12,064,301▲36.9% | $2,075,920▲22.2% | $2,421,217▲28.4% | 990 |
| 2012 | — | $8,811,700▲99.0% | $1,699,182▲16.3% | $1,885,635▲23.5% | 990 |
| 2011 | — | $4,429,082 | $1,460,721 | $1,526,234 | 990 |
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.
Leadership & compensation (FY2023)
Highest-paid: Jerel Bryant — $237,518 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jerel Bryant | Ceo | 40 | $237,518 |
| Stacy Martin | President | 40 | $183,872 |
| Rhonda Dale | Principal | 40 | $173,349 |
| Davis Zaunbrecher | Chief Strategy Officer | 40 | $147,165 |
| Soraya Verjee | Chief Talent Officer | 40 | $139,115 |
| Sophia Scott | Principal | 40 | $132,578 |
| Justin Pickel | Chief Operating Officer | 40 | $132,222 |
| Anthony Mcelligott | Principal | 40 | $127,867 |
| Matthew Aidan Kelly | Chief Academic Officer | 40 | $127,010 |
| Samantha Johnson | Principal | 40 | $126,226 |
| Kristin Callahan | Director of Pupil Appraisa | 40 | $116,983 |
| Akeem Langham | Principal | 40 | $115,525 |
| Kelsey E Lambrecht | Principal | 40 | $113,669 |
| Samara Levy | Director of Principal | 40 | $111,903 |
| Francesca Antonucci | Director of Student Suppor | 40 | $106,541 |
| Emma Donley | Senior Director of Curriculum | 40 | $105,965 |
| Anne Felter | Senior Director of Data & Tech | 40 | $104,665 |
| Amy Flynn | Senior Director of Talent | 40 | $100,729 |
| Sarah Hogarty | Senior Director of Advancement | 40 | $100,474 |
| Adam Hawf | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| First Student Inc | Student Transportation | $5,894,629 |
| Chartwells Dining Services | Food Service | $1,682,756 |
| Nola Service Star Janitorial | Custodial Services | $1,218,277 |
| Louisiana Academic Health Network | Health Services | $496,901 |
| Cmc Corporate Solutions | Hvac Maintenance | $417,402 |
Grants received · $10.5M total
47 grants to Collegiate Academies totaling $10.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charter Fund Inc | Impact and innovation | 2024 | $137,500 |
| The Greater New Orleans Foundation | Education | 2024 | $22,074 |
| City Fund | To support grantee's curriculum and las sierras initiatives | 2023 | $143,000 |
| Second Harvest Food Bank of Greater New Orleans and Acadiana | To provide food assistance for persons in need | 2023 | $21,558 |
| New Orleans Jazz & Heritage Foundation Inc | Community partnership grant - to provide opportunities to contract with artist and purchase supplies of educational programs for children. | 2023 | $13,000 |
| National Philanthropic Tr | Education | 2022 | $7,000,000 |
| City Fund | To support grantee's curriculum and las sierras initiatives | 2022 | $203,500 |
| Local Initiatives Support Corporation | See part iv | 2022 | $100,000 |
| The Aspen Institute Inc | Pathways to career fund | 2022 | $50,000 |
| The George W Bush Foundation | Library books | 2022 | $15,000 |
| New Orleans Jazz & Heritage Foundation Inc | Community partnership grant - to provide opportunities to contract with artists and purchase supplies of educational programs for children. | 2022 | $11,000 |
| The Greater New Orleans Foundation | Education | 2022 | $9,965 |
| Second Harvest Food Bank of Greater New Orleans and Acadiana | To provide food assistance for persons in need | 2022 | $6,009 |
| New Venture Fund | Youth development and education | 2021 | $349,190 |
| City Fund | Operating support | 2021 | $203,500 |
Similar organizations in Education
- Education
Dillard University
New Orleans, LA
$69.3M
B+annual revenue
- Education
Lafayette Charter Foundation Inc
Lafayette, LA
$61.7M
C+annual revenue
Education
Firstline Schools Inc
New Orleans, LA
$56.6M
Bannual revenue
Education
Crescent City Schools
New Orleans, LA
$53.7M
Bannual revenue
Education
Foundation For Louisiana Students
Baton Rouge, LA
$50.5M
Bannual revenue
Education
L S U Foundation
Baton Rouge, LA
$81.9M
B+annual revenue
Education
Discovery Health Sciences Foundation Inc
Kenner, LA
$47.8M
Bannual revenue
Education
Community School For Apprenticeship Learning Inc
Baton Rouge, LA
$45.9M
Bannual revenue
Education
Louisiana Tech University Foundation Inc
Ruston, LA
$45.8M
Bannual revenue
Education
Renew-reinventing Education
New Orleans, LA
$45.3M
Bannual revenue
Compare Collegiate Academies
Frequently asked questions
- Is Collegiate Academies a legitimate nonprofit?
- Yes. Collegiate Academies is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 80-0601507, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Collegiate Academies's EIN?
- Collegiate Academies's Employer Identification Number (EIN) is 80-0601507.
- How much revenue does Collegiate Academies report?
- Collegiate Academies reported $65,816,538 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Collegiate Academies's spending goes to programs?
- Collegiate Academies spends about 47% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Collegiate Academies have?
- CharityIndex grades Collegiate Academies C+, based on program efficiency and fundraising cost.
- How much does Collegiate Academies's highest-paid employee make?
- The highest reported compensation on Collegiate Academies's latest Form 990 is $237,518, paid to Jerel Bryant (Ceo).
More nonprofits in New Orleans
Explore more
Data for Collegiate Academies (EIN 80-0601507) 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.