Lincoln Academy

Overview

Lincoln Academy is a U.S. nonprofit organization designated as a 501(c)(3) entity. The organization falls under the category of Educational Institutions and Related Activities, specifically focusing on secondary education at the high school level[2].

Financial Overview

As of its most recent tax filing, Lincoln Academy's revenue is primarily derived from program services, which accounted for 93.6% of its total revenue in one fiscal year. The organization also receives significant funding from contributions, which make up a smaller portion of its income, typically around 3.2%[2].

Investment income and sales of assets are additional revenue streams, although they contribute smaller percentages to the overall revenue[2]. The organization maintains a substantial asset base, with total assets valued at approximately $26.9 million[2].

In terms of expenses, Lincoln Academy allocates a significant portion of its budget to other salaries and wages, which account for about 45% of its total expenses[2].

Governance and Operations

Lincoln Academy's mission is not explicitly detailed in the available information, but it aligns with the general purpose of providing educational services. The organization is part of a broader network of educational entities that support public and charter school operations[3].

Associated Entities

Lincoln Academy is supported by various non-profit organizations, each with distinct roles in facilitating its operations. These include entities like the Lincoln Academy Building Corporation and the Lincoln Academy Property Corporation, which focus on holding and managing property for the school[3].

References

Currently, there are no specific references provided for this article, but the information is based on publicly available data on nonprofit organizations. For more detailed financial and operational data, ProPublica's Nonprofit Explorer and GuideStar provide comprehensive insights into nonprofit organizations like Lincoln Academy.