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EIN 85-0689442

Drake Academy of Excellence

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Billerica
State
Massachusetts
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
B29: Charter Schools
Description
Drake Academy of Excellence aims to create systemic change in education through the establishment of an innovative school and collaborative learning institute. The academy currently progresses in the early stages of opening, having identified a site and secured funding for a down payment. By 2025, the school plans to benefit 30 students from the Greater Lowell area in its inaugural year.
Total revenues
$100,045
2023
Total expenses
$23,666
2023
Total assets
$85,212
2023
Num. employees
n/a

Who funds Drake Academy of Excellence

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$29

Personnel at Drake Academy of Excellence

NameTitleCompensation
Esther ConcepcionExecutive Director and Founder$0
Ethan BrownFinance Chair$0

Financials for Drake Academy of Excellence

RevenuesFYE 12/2023
Total grants, contributions, etc.$100,045
Program services$0
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$100,045

Form 990s for Drake Academy of Excellence

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-16990EZView PDF
2022-122023-04-11990EZView PDF

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La Luz EducationDenver, CO$306,029
Carolina AchieveBahama, NC$159,131
World Builders AcademyKansas City, MO$417,807
Charter School of WilmingtonWilmington, DE$51,192
Central Magnet School PtoMurfreesboro, TN$73,214
SkyView Academy FoundationHighlands Ranch, CO$215,760
Foxborough Regional Charter School FoundationFoxborough, MA$53,935
Mastery Learning AcademySouth Jordan, UT$70,281
Data update history
July 18, 2024
Posted financials
Added Form 990EZ for fiscal year 2023
June 14, 2023
Updated personnel
Identified 2 new personnel
May 1, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
June 2, 2022
Posted financials
Added Form 990N for fiscal year 2021
June 2, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsCharities
Issues
Education
Characteristics
Tax deductible donationsNo full-time employeesAccepts online donations
General information
Address
109 Dudley Rd
Billerica, MA 01821
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
drakeacademyofexcellence.com/ 
IRS details
EIN
85-0689442
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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