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EIN 47-1720796

Explore Academy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Albuquerque
State
New Mexico
Year formed
2014
Most recent tax filings
2023-06-01
NTEE code, primary
B90: Educational Services
Description
The Explore Academy Foundation supports and facilitates the mission and activities of Explore Academy Charter School, a New Mexico governmental authorized charter school. The foundation acquires facilities for the charter school and obtains financing for their acquisition. These facilities are rented out to Explore Academy Charter School for use in providing education to its students. The foundation is located in Albuquerque, NM.
Also known as...
Explore Academy Pto
Total revenues
$2,554,020
2023
Total expenses
$3,025,998
2023
Total assets
$34,428,362
2023
Num. employees
0
2023

Program areas at Explore Academy Foundation

Acquire the facilities for the Explore Academy charter school and to obtain the financing for this acquisition.the Foundation rents these facilities to their supported organization, Explore Academy charter school, for use in providing the charter school's tax-exempt educational services. From this rent, the Foundation pays the facility debt service as well as some other expenses.

Who funds Explore Academy Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
KLA FoundationFunding for Steam Lab Start-Up at School in Rio Rancho$5,000
AmazonSmile FoundationGeneral Support$1,203

Personnel at Explore Academy Foundation

NameTitleCompensation
Justin BaiardoPresident$0
Daniele KneeTreasurer / Vice Chair / Director$0
Melanie AvgerakisSecretary and Treasurer$0

Financials for Explore Academy Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$2,114,688
Investment income and dividends$439,332
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,554,020

Form 990s for Explore Academy Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062023-05-09990View PDF
2021-062022-05-09990View PDF
2020-062021-05-18990View PDF
2019-062020-08-10990View PDF
...and 1 more Form 990
Data update history
July 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2018
July 5, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
5100 Masthead St Ne
Albuquerque, NM 87109
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Phone
(505) 305-5300
IRS details
EIN
47-1720796
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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