Bulletin Board
Academy Scripture
Atlanta Youth Academy & Foundation Working Operating Budget and Projections
(Excluding Endowment, Capital Campaign & Depreciation)

2015-2016 2016-2017 2017-2018
Income
Contributed Income
  Annual Fund $1,325,000 $1,400,000 $1,475,000
  Auction $96,000 $125,000 $135,000
Other Income
  GOAL & Other SSO Scholarships $221,000 $230,000 $240,000
  Parent Tuition $250,000 $265,000 $270,000
  Parent Fees and Other Income $33,952 $45,000 $48,000
  Endowment Draw Income $16,000 $16,150 $19,000
TOTAL INCOME $1,452,169 $1,564,695 $1,643,000
Expenditures
  Faculty & Staff $1,452,169 $1,564,692 $1,643,000
  Education $360,250 $375,000 $381,000
  Operations $48,100 $50,595 $53,000
  Development $65.433 $70,000 $75,000
TOTAL EXPENDITURES $1,925,952 $2,060,287 $2,152,000
Working Capital $16,000 $22,863 $35,000


ENDOWMENT, SPECIAL FUNDS AND CAPITAL GIFTS
In addition to operating expenses, in 2014-15 we celebrate having an Endowment of more than $325,000.

We were honored to be awarded a capital gift of $100,000 from One Hundred Shares wich enabled us to make capital improvements to our campus to enhance the security of our students and faculty. We completed a secure addition to our gymnasium, completed our perimeter fencing, improved our campus lighting and made enhancements to our security system. We are grateful to the women of One Hundred Shares for making these things possible.

All contributions to the Atlanta Youth Academy go through our fundraising foundation, Atlanta Youth Academies Foundation, Inc.

Atlanta Youth Academies, Inc. and Atlanta Youth Academies Foundation, Inc. are audited each year by Mauldin & Jenkins, LLC.

As of Oct. 1, 2015, the audit for the school year 2014-15 is not complete. At your request, we would be pleased to provide you with a copy of our audited financial statements.