NonprofitsGeo Academies Inc

Education

Geo Academies Inc

INDIANAPOLIS, IN

Total revenue

$3.9M

Total expenses

$4.2M

Net assets

Grants received

$7.3M

11 grants

EIN

833708286

Tax year

2023

Mission

To EMPOWER students to ACCELERATE their academic pathways to ADVANCE their social mobility and ACHIEVE their career and life-long goals.

Financials

FY 2023

Revenue

Contributions & grants$3.0M
Program service revenue$590K
Investment income
Other revenue$289K
Total revenue$3.9M

Expenses

Grants paid$2K
Salaries & benefits$1.5M
Fundraising
Other expenses$2.6M
Total expenses$4.2M
Total assets$1.2M
Net assets

People

9 listed

NameRoleCompensation

Alice Watkins

Chair

Board

2 hrs/wk

Jesse Moore

Secretary/Treasurer (UNTIL MAY 2024)

Board

2 hrs/wk

Jimmie L McMillian JR

Vice Chair

Board

2 hrs/wk

Deon Levingston

Board Member (UNTIL OCT 2023)

Board

2 hrs/wk

Jeff Ready

BOARD MEMBER

Board

2 hrs/wk

JR Russell

Board Member

Board

2 hrs/wk

Troy Julian Gibson

Board Member (UNTIL NOV 2023)

Board

2 hrs/wk

DANA L TEASLEY

School Treasurer

Board

2 hrs/wk

KEVIN TEASLEY

Superintendent

Board

2 hrs/wk

Independent contractors

Greater Educational Opportunities Foundation

Management Fees

$274K

Grants received

Showing 11 of 11

FromAmountPurposeYear
$50K
SCHOOL SUPPORT AWARD
2024
$2M
ANNUAL SUPPORT
2023
$50K
THE GRANT IS PROVIDED TO ASSIST GEO ACADEMIES IN FURTHERING ITS EDUCATIONAL AND CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST GEO ACADEMIES IN PROVIDING PROGRAMMATIC HIGH DOSAGE TUTORING TO INCREASE ACADEMIC PROFICIENCY.
2023
$2M
ANNUAL SUPPORT
2022
$1M
ANNUAL SUPPORT
2020
$50K
TO PAY FOR INNOVATIVE MATH PROGRAM
2020
$600K
For grant recipient's exempt purposes
2019

Funded by

$7.3M from 7 funders · 11 grants · 2019–2024

Galashiels Fund Ltd

$5M · 3 grants · 2020–2023

Greater Educational Opportunities Foundation

$1.1M · 2 grants · 2022–2023

Beth And Ravenel Curry Foundation

$200K · 1 grant · 2023

The Mind Trust Inc

$100K · 2 grants · 2023–2024

Details

EIN833708286
NTEE codeB29
Subsection03
Ruling date2019-10
Formed2019
Employees38
Volunteers7
GEO ACADEMIES INC — Mission, Financials & Grants Received | Grantivo