EIN 47-1720796

Explore Academy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2014
Most recent tax filings
2022-06-01
NTEE code, primary
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
$1,867,493
2022
Total expenses
$3,247,065
2022
Total assets
$34,734,818
2022
Num. employees
0
2022

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
AmazonSmile FoundationGeneral Support$853

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 06/2022
Total grants, contributions, etc.$0
Program services$1,867,493
Investment income and dividends$0
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$1,867,493

Form 990s for Explore Academy Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-062022-05-09990View PDF
2020-062021-05-18990View PDF
2019-062020-08-10990View PDF
2018-062021-01-21990View PDF
Data update history
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
June 12, 2021
Received grants
Identified 1 new grant, including a grant for $154,017 from Opportunity 180
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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