Program areas at BMW Academy
Educational and cultural trips. Travel is an educational tool that opens doors and opportunities for the young men. We conducted college tours within Kentucky as well as several adjoining states. We visited several educational sited that were appropriate for the various ages. Every other year, cultural trips are taken abroad to continue to enhance the scholars experience. Expenses usually include travel, hotel accomodations, meals for scholars, and entrance fees into any museums.
Beautillion is an opportunity to present the young men to society. A formal dinner is held at the hotel where scholars are presented to society by their mothers. They take dance classes and must obtain tuxedos. This gives the scholars an opportunity to represent themselves as presentable young men and also enhance their communication and social skills. Expenses include the hotel fee, meals, dance lessons, decorations, and gifts for outstanding scholars.
Educational seminars and academic assistance. National speakers are brought in to motivate both the parents and students at least twice a year. BMW Academy kick-off in august and in the fall back into BMW after christmas. Expenses usually include travel for the speakers, meals, and speaker fees.
Who funds BMW Academy
Grants from foundations and other nonprofits
Grantmaker | Grantmaker tax period | Description | Amount |
---|
The Carl Family Foundation | 2023-12 | Educational Support for Disadvantaged Individuals | $1,000 |
Personnel at BMW Academy
Name | Title | Compensation | Date of data |
---|
Dr. Rosz Akins | Executive Director | | 2024-11-14 |
Felicia Chism | Treasurer | $4,900 | 2024-11-14 |
Quisha Ray | Secretary | $0 | 2023-07-31 |
Financials for BMW Academy
Revenues | FYE 07/2023 | FYE 07/2022 | % Change |
---|
Total grants, contributions, etc. | $88,026 | $168,007 | -47.6% |
Program services | $493,485 | $332,158 | 48.6% |
Investment income and dividends | $501 | $0 | 999% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $3,764 | $0 | 999% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $585,776 | $500,165 | 17.1% |
Organizations like BMW Academy
Organization | Type | Location | Revenue |
---|
Southeastern Assoc of Educational Opportunity Program Personnel | 501(c)(3) | Atlanta, GA | $1,054,650 |
Education for Leadership | 501(c)(3) | Juneau, AK | $1,035,558 |
Voorhees Univ Center of Excellence for Educator PR | 501(c)(3) | Denmark, SC | $2,134,789 |
Leading Education | 501(c)(3) | Washington, DC | $457,636 |
Engaged Learning Strategies (ELS) | 501(c)(3) | La Place, LA | $1,000,000 |
Potential Endeavors | 501(c)(3) | Little Canada, MN | $320,826 |
Athens Tech Foundation | 501(c)(3) | Athens, GA | $614,014 |
Kids Need To Read | 501(c)(3) | Mesa, AZ | $1,209,970 |
The Guy Fieri Foundation | 501(c)(3) | Petaluma, CA | $2,195,393 |
Arts and Sciences Center | 501(c)(3) | Pahoa, HI | $450,293 |
Data update history
November 14, 2024
Used new vendors
Identified 1 new vendor, including
November 8, 2024
Updated personnel
Identified 1 new personnel
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Employment organizationsSchoolsEducational service providersCharities
Issues
EducationAfrican Americans
Characteristics
Fundraising eventsTax deductible donationsAccepts online donations
General information
- Address
- 3016 Bracktown Rd
- Lexington, KY 40511
- Metro area
- Lexington-Fayette, KY
- County
- Fayette County, KY
- Website URL
- bmwacademyky.org/Â
IRS details
- EIN
- 81-1743559
- Fiscal year end
- July
- Taxreturn type
- Form 990
- Year formed
- 2016
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B90: Educational Services
- NAICS code, primary
- 611430: Professional and Management Development Training
- Parent/child status
- Independent
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