The Eagle Academy Foundation Inc

EIN: 201532382 501(c)(3)

NEW YORK, NY

Total Revenue
$4,912,816
Total Expenses
$4,640,521
Total Assets
$5,973,747
Net Assets
$5,380,740
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
Donald Ruff
Phone
2124778370
Tax Period
2024-07-01 to 2025-06-30

The Eagle Academy Foundation Inc, founded in 2004, is a community nonprofit that reported $4.9M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $4.6M left a modest 6% surplus.

Mission

The Eagle Academy Foundation challenges systemic barriers, thereby empowering young men of color to achieve their desired educational, career and life outcomes. We deliver strategic direct-impact work and advance institutional change toward equity.The Foundation supports its: (1) Network of Eagle Academy Public Schools in New York City and Newark, New Jersey; and (2) Professional Development Institute

Program Service Accomplishments

Program 1
Expenses: $1,634,487

Eagle Soaring BeyondTHROUGH A COMPREHENSIVE AND SYSTEMATIC APPROACH, ESB SUPPORTS POST SECONDARY SUCCESS FOR YOUNG MEN, SPECIFICALLY COLLEGE AND CAREER READINESS AND PLACEMENT. EAF REINFORCES THE...

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Eagle Soaring BeyondTHROUGH A COMPREHENSIVE AND SYSTEMATIC APPROACH, ESB SUPPORTS POST SECONDARY SUCCESS FOR YOUNG MEN, SPECIFICALLY COLLEGE AND CAREER READINESS AND PLACEMENT. EAF REINFORCES THE EXPECTATION THAT ALL EAGLE STUDENTS HAVE A POST-SECONDARY PLAN INCLUDING COLLEGE ACCEPTANCE AND/OR JOB OR TRAINING PROGRAM PLACEMENT. SUPPORTS FOR COLLEGE AND CAREER PREPARATION INCLUDE COUNSELING AND PLANNING, COLLEGE AND CAREER FAIRS, VISITS TO AND TOURS OF COLLEGE CAMPUSES AND WORKSITES, JOB SHADOWING AND INTERNSHIPS FOR STUDENTS AND ALUMNI THAT CREATE EXPOSURE TO AND EXPERIENCE WITH A RANGE OF POST-SECONDARY OPTIONS AND OPPORTUNITIES.

Program 2
Expenses: $915,015

Eagle InstituteWITH THE GOAL OF IMPROVING THE LIFE TRAJECTORIES OF YOUNG MEN, EAF OPERATES THE EAGLE INSTITUTE TO BROADEN THE REACH OF EAGLES PROVEN MODEL, BEYOND ITS EAGLE ACADEMIES. THROUGH...

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Eagle InstituteWITH THE GOAL OF IMPROVING THE LIFE TRAJECTORIES OF YOUNG MEN, EAF OPERATES THE EAGLE INSTITUTE TO BROADEN THE REACH OF EAGLES PROVEN MODEL, BEYOND ITS EAGLE ACADEMIES. THROUGH TRAINING ON EAGLES MODEL AND PRACTICES, ALONG WITH STRATEGIC PLANNING SERVICES, THE EAGLE INSTITUTE ENHANCES THE CAPABILITY OF ADULTS AND SYSTEMS TO EFFECTIVELY MEET THE NEEDS OF YOUNG MEN OF COLOR. ULTIMATELY, THESE INTERVENTIONS IMPROVE THE POSITIVE CULTURES AND CONDITIONS NEEDED TO SUPPORT THE SUCCESS OF BLACK AND LATINO MALES NATIONWIDE.

Program 3
Expenses: $676,330

Other services including Extended Learning, general program, Ambassador program, and Fiscal Conduit.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,635,541
Program Service Revenue $1,334,779
Investment Income $185,951
Other Revenue $-243,455
TOTAL REVENUE $4,912,816

Expense Breakdown

Grants Paid $133,700
Salaries & Benefits $1,713,597
Fundraising Expenses $466,496
Program Expenses $3,630,490
Other Expenses $2,605,693
TOTAL EXPENSES $4,640,521

Year-over-Year Comparison

2024 2023 Change
Revenue $4,912,816 $5,652,136 -0.1%
Expenses $4,640,521 $3,762,482 +0.2%
Net Income $272,295 $1,889,654 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
27
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$399,422
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donald Ruff Pres.& CEO 50.00
Officer
$250,672 $0 $250,672
Kima Reed COO 40.00
Officer
$148,750 $0 $148,750
A Mark Getachew Esq Chairman 2.00
Officer Director
$0 $0 $0
Douglas T Healy CFA Treasurer 2.00
Officer Director
$0 $0 $0
Latif Elam Director 2.00
Director
$0 $0 $0
Joel I Albarella Director 2.00
Director
$0 $0 $0
Chapin Bates Director 2.00
Director
$0 $0 $0
Rob Brown Director 2.00
Director
$0 $0 $0
Teresa Evans Director 2.00
Director
$0 $0 $0
Stephanie Burns Director 2.00
Director
$0 $0 $0
Rainier Guanlao Director 2.00
Director
$0 $0 $0
Monique L Nelson Director 2.00
Director
$0 $0 $0
Stephen Nordahl Director 2.00
Director
$0 $0 $0
Carra L Wallace Director 2.00
Director
$0 $0 $0
Paul T Williams Jr Director 2.00
Director
$0 $0 $0
Vicki Zubovic Director 2.00
Director
$0 $0 $0
William Boeckman Director 2.00
Director
$0 $0 $0
Al Zollar Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,912,816 $4,640,521 $5,973,747 $272,295
2024 No data No data No data No data
2023 $4,734,015 $3,487,220 $3,760,384 $1,246,795
2022 $4,116,740 $3,292,634 $2,434,762 $824,106
2021 $4,164,199 $3,988,893 $1,703,374 $175,306
2020 $2,852,450 $4,124,796 $1,468,297 $-1,272,346
2019 $4,778,949 $3,625,372 $2,365,267 $1,153,577
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