Public Charity

LEMAN ACADEMY OF EXCELLENCE INC

LEMAN ACADEMY OF EXCELLENCE INC is a nonprofit organization categorized as Public Charity based in TUCSON, AZ. Its most recent IRS filing (2025) reports revenue of $50.5M, expenses of $48.3M, total assets of $139.3M. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $326K.

EIN: 471237723 TUCSON, AZ Elementary & Secondary Schools NTEE: B20 Latest filing: 2025
Total Revenue$50.5M
Total Expenses$48.3M
Total Assets$139.3M
Grant Records6
Funding Total$326K
Filing Years2021–2025

Mission

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. WE PURPOSE TO PARTNER WITH SUPPORTIVE PARENTS, PURSUE EXCELLENCE, PROVIDE A SAFE AND CHALLENGING ENVIRONMENT AND INSTILL MORALS AND VALUES IN ORDER TO PRODUCE TOMORROW'S LEADERS TODAY.

Where $100 goes at Leman Academy of Excellence Inc

How Leman Academy of Excellence Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$83
A public charter school for grades K-8
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$5,346
$5,346
$5,588
2021
TO PROVIDE INNOVATIVE K-12 TRANSPORTATION OPTIONS AND IMPROVE ACCESS TO RELIABLE, EFFECTIVE, AND SAFE TRANSPORATION FOR STUDENTS.
$300,000
2017
Classical Education
$10,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

PRINCIPAL Ashley Nicolarsen
DIRECTOR Chad Ullman
CFO Chris Brooks
PRINCIPAL Eric Carey
DIRECTOR John Martell
PRINCIPAL Kimberly A Earlenbaugh

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$310,000 2 grants
General Support
$16,280 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $50.5M $48.3M $139.3M
2024 $54.2M $49.2M $141.1M
2023 $52.3M $47.5M $138.2M
2022 $46.9M $43.0M $133.1M
2021 $38.4M $37.8M $127.9M

Between 2021 and 2025, reported annual revenue grew from $38.4M to $50.5M (+32%), with total assets most recently reported at $139.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LEMAN ACADEMY OF EXCELLENCE INC

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