The Eagle Academy Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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
- Income
- $4.9 million
- Spending
- $4.6 million
- Spent on programs
- 78%
- Reserves
- 11.9 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 27
- Volunteers
- 100
- Highest pay
- $250,672, pres.& ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100.
Reserves
28 of 35Spendable reserves would cover 11.9 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
5 of 15Income fell 13% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 13 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1.6 million spent. 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.
- $915,015 spent. 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.
- $676,330 spent. Other services including Extended Learning, general program, Ambassador program, and Fiscal Conduit.
- $404,658 spent. Extended LearningDuring time out of school, after school, on weekends, school breaks, and during summer, EAF provides Eagle scholars with academic and co-curricular enrichments including tutoring, Regents and SAT test preparation, sports and physical activities, arts, science, clubs and opportunities for mentoring, community service, local field trips and travel.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.