Leman Academy of Excellence Inc
3300 E Sunrise Dr Unit 150, Tucson, AZ · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $50,496,559 | $48,301,578 | $13,808,220 |
| FY2024 | $54,191,118 | $49,237,232 | $11,613,239 |
| FY2023 | $52,274,701 | $47,518,595 | $6,659,353 |
| FY2022 | $46,861,634 | $42,954,989 | $1,903,247 |
| FY2021 | $38,356,100 | $37,811,278 | $878,980 |
| FY2020 | $29,475,216 | $28,351,752 | $334,158 |
| FY2019 | $24,688,843 | $24,128,204 | -$789,306 |
| FY2018 | $16,048,242 | $15,163,897 | -$1,349,945 |
| FY2017 | $7,458,039 | $7,126,121 | -$203,480 |
| FY2016 | $3,834,271 | $4,119,088 | -$535,398 |
| FY2015 | $23,343 | $286,941 | -$250,581 |
| FY2014 | $50,000 | $36,982 | $13,018 |
Form 990 filings
The returns filed by Leman Academy of Excellence Inc (EIN 47-1237723), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $2,372,408 | 5% |
| Program service revenue | $46,472,662 | 92% |
| Other revenue | $1,651,489 | 3% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $40,188,202 | 83% |
| Management & general | $8,113,376 | 17% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 92% of total revenue in FY2025.
- Program services accounted for 83% of functional expenses, management & general 17%, and fundraising 0%.
- 83% of functional expenses went to program services in FY2025. That is higher than 45.9% of 98 Education organizations in AZ.
- Net assets covered about 3.4 months of expenses at the end of the reporting year. That puts it in the 26th percentile among 1050 Education organizations in AZ.
- Total revenue was higher than 99.2% of 1064 Education organizations in AZ.
- Total revenue rose from $50,000 in FY2014 to $50,496,559 in FY2025. Revenue increased in 9 and decreased in 2 of 11 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 12 reported years (FY2015, FY2016).
- The highest revenue on record here is $54,191,118 in FY2024.
- Net assets grew from $13,018 to $13,808,220 between FY2014 and FY2025.
- Contributions and grants made up 100% of revenue in FY2014 and 5% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
LEMAN ACADEMY OF EXCELLENCE OFFERS A RIGOROUS, CLASSICAL EDUCATION BASED ON THE TRADITIONS OF WESTERN CULTURE WHERE ALL DISCIPLINES ARE INTERRLATED ALLOWING SCHOLARS THE ABILITY TO THINK INDEPENDENTLY AND CRITICALLY.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B20 — Education (in AZ) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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