Overview

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Est.

2007

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

Lake Oconee Academy Inc is a charter school education organization focused on increasing student achievement. Based on the provided financial data for filing year 2025, it reported an operating budget of $17.5M and total revenue of $17.6M, with support from funders including STEPHENS FAMILY FOUNDATION, REYNOLDS PLANTATION FOUNDATION INC, and AS MITCHELL FOUNDATION INC.

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Mission Statement

The mission of the charter school is to increase student achievement

Cause Areas

1
Charter school education
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Financials

2024
Revenues
$16.1M
Expenses
$16.3M
Net Income:
-$226.9K
Assets
$33.7M
Liabilities
$24.9M
Net Assets:
+$8.8M

Financial Trends

2024
Operating Budget
$16.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
NATL CHRISTIAN CHARITABLE FDN INC
Alpharetta, GA, US
$300K
< 1%
REYNOLDS PLANTATION FOUNDATION INC
GREENSBORO, GA, US
$115.9K
31%
AS MITCHELL FOUNDATION INC
Mobile, AL, US
$60K
3%

Grants Received

2024
Total No. of Grants
2
Median grant size
$5K
Largest grant received
$6K

Board & Team

B
Bradford G Bowling
Board Member
R
Richard Schmidt
Board Member
D
David M Faunte
Board Member
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  • 13 funders
  • 21 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Lake Oconee Academy Inc’s budget?
In 2024, Lake Oconee Academy Inc reported an annual operating budget of around $16.3 million. More detailed financial information is available to registered users.
What causes does Lake Oconee Academy Inc support?
Lake Oconee Academy Inc supports work in Charter school education.
Where does Lake Oconee Academy Inc operate?
Lake Oconee Academy Inc is headquartered in Greensboro, GA.
Who funded Lake Oconee Academy Inc recently?
In 2025, Lake Oconee Academy Inc received grants from AS MITCHELL FOUNDATION INC, RITCHEY FAMILY FOUNDATION INC, and RITCHEY FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Lake Oconee Academy Inc received in 2024?
The largest grant to Lake Oconee Academy Inc in 2024 exceeds $6,000.