ALT ED ACADEMY OF IOSCO COUNTY Charity Report

Public IRS 990 nonprofit record

ALT ED ACADEMY OF IOSCO COUNTY

EIN 46-3889824 · Education N.E.C. (B99)

What they do

THE PRINCIPAL PURPOSE of THE ACADEMY is to PROVIDE A BLENDED ONLINE LEARNING PATHWAY to ACADEMIC SUCCESS for STUDENTS WHO HAVE DROPPED OUT or BEEN EXPELLED FROM HIGH SCHOOL. THE BOARD of THE ACADEMY SHALL CONTROL THE POLICIES of THE SCHOOL and SHALL FACILITATE ITS PROGRESS TOWARD GOALS ESTABLISHED BY THE BOARD IN FURTHERANCE of THE ACADEMYS PURPOSE. THE ACADEMY is ORGANIZED and SHALL BE OPERATED EXCLUSIVELY for EDUCATIONAL PURPOSES AS A PUBLIC SCHOOL ACADEMY, PURSUANT to PART 6A of THE SCHOOL CODE. THE ACADEMY SHALL BE A PUBLIC EDUCATIONAL INSTITUTION for INDIVIDUALS WHO RESIDE IN THE AUTHORIZING BODYS CONSTITUENT LOCAL SCHOOL DISTRICT. ENROLLMENT IN THE ACADEMY MAY BE OPEN to ALL INDIVIDUALS WHO RESIDE IN THIS STATE WHO MEET THE ADMISSION POLICY and SHALL BE OPEN to ALL PUPILS WHO RESIDE WITHIN THE GEOGRAPHIC BOUNDARIES of THE IOSCO REGIONAL EDUCATIONAL SERVICE AGENCY (IRESA), SUBJECT to TOTAL ENROLLMENT LIMITATIONS. THE ACADEMY SHALL BE NON-RELIGIOUS and SHALL ACCEPT STUDENTS and H

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.80%of revenue went to mission work89.2% of expenses · Program services

$92.84spent for every $100 of revenueRevenue covered expenses this year.

10.04%of revenue went to management and office costs10.8% of expenses

$2.05in assets for every $1 spent this yearSome assets cannot be spent right away.

94.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $66,515 for TINA WILLIAMS (PROGRAM DIRE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,126,489

Mission workProgram services$1,760,80482.80% of revenue89.2% of expenses

ManagementOffice and general costs$213,51610.04% of revenue10.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$152,1697.16% of revenueShown in gray on the chart

Total expenses$1,974,32092.84% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.2% mission · 10.8% management · 0.0% fundraisingTotal expenses: 92.84% of revenue

2023Expense mix: 88.8% mission · 11.2% management · 0.0% fundraisingTotal expenses: 79.84% of revenue

2022Expense mix: 88.5% mission · 11.5% management · 0.0% fundraisingTotal expenses: 68.65% of revenue

2021Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 79.96% of revenue

2020Expense mix: 87.0% mission · 13.0% management · 0.0% fundraisingTotal expenses: 71.71% of revenue

2019Expense mix: 84.7% mission · 15.3% management · 0.0% fundraisingTotal expenses: 81.62% of revenue

2018Expense mix: 84.3% mission · 15.7% management · 0.0% fundraisingTotal expenses: 86.26% of revenue

2017Expense mix: 83.2% mission · 16.8% management · 0.0% fundraisingTotal expenses: 79.87% of revenue

Money in and money out

Revenue$2,126,489

Expenses$1,974,320

Annual surplus $152,169 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,760,804 · 89.2% of expenses

Management and office costs$213,516 · 10.8% of expenses

See all reported dollar amounts

Revenue$2,126,489

Expenses$1,974,320

Assets$4,050,549

Income$2,126,489

Contributions$2,006,340

Mission work (program services)$1,760,804

Management and general$213,516

Accounting fees$8,505

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TINA WILLIAMSPROGRAM DIRE · 40 hrs/week $66,515

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (4)

TINA WILLIAMSPROGRAM DIRE

LISA BOLENACTING PRESI

MARK BERDANSECRETARY/TR

MICHAEL MISZAKTRUSTEE

About this charity

Recognized since: January 2014
Location: 27 N REMPERT RD, TAWAS CITY, MI 48763-9752
County: Iosco
In care of: % DANA MCGREW
Primary officer: LISA BOLEN, ACTING PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(989) 362-3006

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: STEPHENSON & COMPANY PC
NTEE classification: Education N.E.C. (B99)
IRS tax category: Education N.E.C.