Civic Intelligence

Epic Academy

990 • Fiscal year 2022 • EIN 20-8674711

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 21, 2023

8255 S Houston AveChicago, IL 60617

(773) 535-7930

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.23x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

44th percentile

0.12x

Higher debt load relative to revenue than 44% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

21st percentile

-7.3%

Higher net margin than 21% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

76th percentile

$201,193

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

12th percentile

-15%

Faster asset growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

50th percentile

4.3%

Faster revenue growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$4,280,236

Down $727,807 (-15%) from 2021

Net Assets

Down

$3,313,707

Down $581,667 (-15%) from 2021

Liabilities

Down

$966,529

Down $146,140 (-13%) from 2021

Revenue

Up

$7,963,887

Up $329,055 (+4.3%) from 2021

Expenses

Up

$8,545,554

Up $960,132 (+13%) from 2021

Net Income

Down

-$581,667

Down $631,077 (-1277%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $861,244Liabilities 2010: $82,901Net Assets 2010: $778,3432010Assets 2011: $1,286,144Liabilities 2011: $217,287Net Assets 2011: $1,068,8572011Assets 2012: $1,892,080Liabilities 2012: $493,140Net Assets 2012: $1,398,9402012Assets 2013: $2,960,077Liabilities 2013: $923,601Net Assets 2013: $2,036,4762013Assets 2014: $3,009,786Liabilities 2014: $927,488Net Assets 2014: $2,082,2982014Assets 2015: $2,668,630Liabilities 2015: $677,495Net Assets 2015: $1,991,1352015Assets 2016: $2,832,311Liabilities 2016: $762,369Net Assets 2016: $2,069,9422016Assets 2017: $3,065,389Liabilities 2017: $732,932Net Assets 2017: $2,332,4572017Assets 2018: $3,709,767Liabilities 2018: $619,117Net Assets 2018: $3,090,6502018Assets 2019: $4,145,619Liabilities 2019: $587,434Net Assets 2019: $3,558,1852019Assets 2020: $5,332,402Liabilities 2020: $1,486,438Net Assets 2020: $3,845,9642020Assets 2021: $5,008,043Liabilities 2021: $1,112,669Net Assets 2021: $3,895,3742021Assets 2022: $4,280,236Liabilities 2022: $966,529Net Assets 2022: $3,313,7072022Assets 2023: $5,420,825Liabilities 2023: $769,364Net Assets 2023: $4,651,4612023Assets 2024: $3,846,028Liabilities 2024: $625,326Net Assets 2024: $3,220,7022024

Highlighted filing

2022

Assets$4,280,236
Liabilities$966,529
Net Assets$3,313,707

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,503,3592010Expenses 2011: $2,846,9022011Expenses 2012: $3,761,4702012Expenses 2013: $4,962,9412013Revenue 2014: $5,545,787Expenses 2014: $5,499,965Net Income 2014: $45,8222014Revenue 2015: $5,302,453Expenses 2015: $5,393,616Net Income 2015: -$91,1632015Revenue 2016: $5,360,843Expenses 2016: $5,282,036Net Income 2016: $78,8072016Revenue 2017: $5,922,889Expenses 2017: $5,660,374Net Income 2017: $262,5152017Revenue 2018: $6,659,012Expenses 2018: $5,900,819Net Income 2018: $758,1932018Revenue 2019: $7,011,664Expenses 2019: $6,544,129Net Income 2019: $467,5352019Revenue 2020: $6,879,225Expenses 2020: $6,591,446Net Income 2020: $287,7792020Revenue 2021: $7,634,832Expenses 2021: $7,585,422Net Income 2021: $49,4102021Revenue 2022: $7,963,887Expenses 2022: $8,545,554Net Income 2022: -$581,6672022Revenue 2023: $9,279,727Expenses 2023: $7,941,973Net Income 2023: $1,337,7542023Revenue 2024: $5,652,130Expenses 2024: $7,082,889Net Income 2024: -$1,430,7592024

Highlighted filing

2022

Revenue$7,963,887
Expenses$8,545,554
Net Income-$581,667
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 21, 2023
Return Version
2021v4.2
Gross Receipts
$8,003,226
Mission and Program Overview

Mission

Epic academy (the "academy") was formed to provide educational services to high school students with a rigorous college preparatory curriculum. The academy is supported primarily through per capita tuition payments under a performance agreement (the "agreement") with chicago public schools ("cps") and the chicago board of education (the "board"). Additional support is provided by grants from state and federal agencies, various community and corporate foundations, and the general public. The academy has been certified as a charter school by the illinois state board of education, effective july 1, 2010. The first instruction year commenced in september 2009 with 120 students in the 9th grade. The academy supports grades 9 through 12, to an anticipated total capacity of 600 students in future years. The academy is located in chicago, illinois. The academy will not charge tuition to any student, unless the student would otherwise be liable under the school code, as defined within the agree

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,266,995$3,026,484▼ $1,240,511
Cash and Non-Interest-Bearing Accounts$529,537$553,244▲ $23,707
Land, Buildings, and Equipment, Net$72,366$491,837▲ $419,471
Pledges and Grants Receivable$110,293$196,858▲ $86,565
Prepaid Expenses and Deferred Charges$28,852$11,813▼ $17,039
Total Assets$5,008,043$4,280,236▼ $727,807
Liabilities
Other Liabilities$668,931$514,707▼ $154,224
Accounts Payable and Accrued Expenses$443,738$451,822▲ $8,084
Total Liabilities$1,112,669$966,529▼ $146,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,895,374$3,313,278▼ $582,096
Net Assets With Donor Restrictions-$429-
Total Net Assets Fund Balance$3,895,374$3,313,707▼ $581,667
Total Liabilities and Net Assets / Fund Balance$5,008,043$4,280,236▼ $727,807

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$82,079$1,004,671$1,086,750
Other Land Buildings$409,758-$409,758
Leasehold Improvements$0$347,888$347,888
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leeandra KhanExecutive DirectorFT$201,193$201,193
Andromeda BellamyPrincipalFT$141,162$141,162
Christian FeamanDirector of FinanceFT$107,400$107,400
William YadronTeacherFT$102,334$102,334
Nancy Forkan BrennanTeacherFT$100,075$100,075

Board Members and Trustees

NameTitle
Andrew AnnaconeChair
Adam SemelBoard Member
Alex HalesBoard Member
Eyal AltmanBoard Member
Jimmie WellsBoard Member
Lou SandovalBoard Member
Natalie C NerisBoard Member
Tiffany ParkerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,002,663
Program Service Revenue
$4,944,622
Investment Income
$2,000
Other Revenue
$14,602
All Other Contributions
$111,040
Change in Net Assets
$-581,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,963,887
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$180,986
Total Revenue per Audited Statements
$8,144,873
Total Revenue per Form 990
$7,963,887
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,030,397
Other Expenses$2,465,586
Total Fundraising Expense$95,890
Grants and Similar Amounts Paid$49,571
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$3,146,374$1,152,829$60,326$4,359,529
Current Officers, Directors, Trustees, and Key Employees$470,682$172,458$9,024$652,164
Information Technology$506,224$4,442$271$510,937
Pension Plan Contributions$405,125$20,984-$426,109
Other Employee Benefits$268,100$125,438$5,907$399,445
Occupancy$373,769$14,887-$388,656
Fees for Services Other$250,329$81,544$3,500$335,373
All Other Expenses$174,925$30,526-$205,451
Other Expenses$197,141$8,213-$197,141
Payroll Taxes$117,126$71,061$4,963$193,150
Office Expenses$58,260$3,241-$61,501
Grants to Domestic Individuals$49,571--$49,571
Insurance$43,927--$43,927
Fees for Services Accounting-$36,922-$36,922
Advertising$9,468-$11,899$21,367
Depreciation Depletion$17,800$3,026-$20,826
Total Functional Expenses$6,724,093$1,725,571$95,890$8,545,554

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,726,540
Expenses per Audited Statements$8,545,554
Total Expenses per Form 990$8,545,554
Expenses Not Reported on Form 990$180,986
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,250
Fundraising Direct Expenses$39,339
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dare to Imagine Dinner$111,120$47,250$39,339$7,911
Total Events$111,120$47,250$39,339$7,911
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$514,707
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Trustees comprise the board and each are eligible to one vote

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the executive director and board of directors president.

Form 990, Part VI, Section B, Line 12C

The policy is monitored and enforced by the board of directors, the executive director, and the chief operating officer.

Form 990, Part VI, Section B, Line 15A

Compensation is determined by independent persons and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Epic Academy
EIN
20-8674711
Phone
7735357930
Address
8255 S HOUSTON AVE, CHICAGO, IL 60617

Signing Officer

Name
Andrew Annacone
Title
President
Phone
7735357930
Signed
2023-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Annacone
Formed
2007
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
95
Volunteers
15

Preparer

Firm
Kutchins Robbins & Diamond Ltd
Address
1051 PERIMETER DR 9TH FLOOR, SCHAUMBURG, IL 60173
Preparer
Chad Porter
Phone
8472401040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Epic academy (the "academy") was formed to provide educational services to high school students with a rigorous college preparatory curriculum. The academy is supported primarily through per capita tuition payments under a performance agreement (the "agreement") with chicago public schools ("cps") and the chicago board of education (the "board"). Additional support is provided by grants from state and federal agencies, various community and corporate foundations, and the general public. The academy has been certified as a charter school by the illinois state board of education, effective july 1, 2010. The first instruction year commenced in september 2009 with 120 students in the 9th grade. The academy supports grades 9 through 12, to an anticipated total capacity of 600 students in future years. The academy is located in chicago, illinois. The academy will not charge tuition to any student, unless the student would otherwise be liable under the school code, as defined within the agreement with the board. The academy may charge reasonable fees as permitted for textbooks, instructional material, summer school programs, after school programs and other student activities. The per capita tuition payment for each student from the board is to be calculated on the basis of the budget adopted by the board each fiscal year and paid to the academy on a quarterly basis. These payments are reduced by charges assessed to the academy for services provided by cps connected to the use of the cps facility. The academy may be eligible for additional funding for programs such as special education reimbursements and supplemental programs.

Form 990, Part IV, Line 13 - Additional Information

Form 990, part iv, line 13 - schedule e is only required to be filed by private schools. Epic academy is certified in the state of illinois as a charter school and is considered to be public. For those reasons form 990, part iv, line 13 is answered "yes" but schedule e is not attached.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted with revenues on the tax return 39,339.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted with revenues on the tax return 39,339.

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IRS990/Form990PartVIISectionAGrp/TitleTxt11TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt12TEACHER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt063870
IRS990/FundraisingDirectExpensesAmt039339
IRS990/FundraisingGrossIncomeAmt047250
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt02827753
IRS990/GrantAmt049571
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt049571
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt049571
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08003226
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0271
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04442
IRS990/InformationTechnologyGrp/ProgramServicesAmt0506224
IRS990/InformationTechnologyGrp/TotalAmt0510937
IRS990/InsuranceGrp/ProgramServicesAmt043927
IRS990/InsuranceGrp/TotalAmt043927
IRS990/InvestmentIncomeGrp/ExclusionAmt02000
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02000
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01352559
IRS990/LandBldgEquipBasisNetGrp/BOYAmt072366
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0491837
IRS990/LandBldgEquipCostOrOtherBssAmt01844396
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03895374
IRS990/NetAssetsOrFundBalancesEOYAmt03313707
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt07911
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07911
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03895374
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03313278
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014887
IRS990/OccupancyGrp/ProgramServicesAmt0373769
IRS990/OccupancyGrp/TotalAmt0388656
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03241
IRS990/OfficeExpensesGrp/ProgramServicesAmt058260
IRS990/OfficeExpensesGrp/TotalAmt061501
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05907
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0125438
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0268100
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0399445
IRS990/OtherExpensesGrp/Desc0CURRICULUM AREA SUPPLIE
IRS990/OtherExpensesGrp/Desc1CO-CURRICULARS
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc3CPS ADMINISTRATION FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08213
IRS990/OtherExpensesGrp/ProgramServicesAmt0230582
IRS990/OtherExpensesGrp/ProgramServicesAmt1206555
IRS990/OtherExpensesGrp/ProgramServicesAmt2198135
IRS990/OtherExpensesGrp/ProgramServicesAmt3197141
IRS990/OtherExpensesGrp/TotalAmt0230582
IRS990/OtherExpensesGrp/TotalAmt1206555
IRS990/OtherExpensesGrp/TotalAmt2206348
IRS990/OtherExpensesGrp/TotalAmt3197141
IRS990/OtherLiabilitiesGrp/BOYAmt0668931
IRS990/OtherLiabilitiesGrp/EOYAmt0514707
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt06691
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06691
IRS990/OtherRevenueTotalAmt06691
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04963
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt071061
IRS990/PayrollTaxesGrp/ProgramServicesAmt0117126
IRS990/PayrollTaxesGrp/TotalAmt0193150
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020984
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0405125
IRS990/PensionPlanContributionsGrp/TotalAmt0426109
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0110293
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0196858
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028852
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011813
IRS990/PrincipalOfficerNm0ANDREW ANNACONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0CHARTER SCHOOL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04918698
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125924
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04918698
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125924
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02902556
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt062803
IRS990/PYInvestmentIncomeAmt02359
IRS990/PYOtherExpensesAmt01528435
IRS990/PYOtherRevenueAmt0862
IRS990/PYProgramServiceRevenueAmt04729055
IRS990/PYRevenuesLessExpensesAmt049410
IRS990/PYSalariesCompEmpBnftPaidAmt05994184
IRS990/PYTotalExpensesAmt07585422
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07634832
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-581667
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04944622
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04266995
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03026484
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0141647
IRS990ScheduleD/DonatedServicesUseFcltsAmt0141647
IRS990ScheduleD/EquipmentGrp/BookValueAmt082079
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01004671
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01086750
IRS990ScheduleD/ExpensesNotReportedAmt0180986
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08545554
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0347888
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0347888
IRS990ScheduleD/OtherExpensesIncludedAmt039339
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0409758
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0409758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0514707
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherRevenueAmt039339
IRS990ScheduleD/RevenueNotReportedAmt0180986
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07963887
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES NETTED WITH REVENUES ON THE TAX RETURN 39,339.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NETTED WITH REVENUES ON THE TAX RETURN 39,339.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0491837
IRS990ScheduleD/TotalExpensesPerForm990Amt08545554
IRS990ScheduleD/TotalLiabilityAmt0514707
IRS990ScheduleD/TotalRevenuePerForm990Amt07963887
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08144873
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08726540
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0EPIC ACADEMY IS A PUBLIC SCHOOL ESTABLISHED UNDER THE CHARTER SCHOOL LAWS TO PROVIDE EDUCATION FOR CHILDREN WHO ARE ELIGIBLE TO ATTEND CHICAGO PUBLIC SCHOOLS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt063870
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt063870
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039339
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DARE TO IMAGINE DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0111120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0111120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt047250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt047250
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07911
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039339

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.85$0.63$3.22$5.65$7.08$1.43
2023Detailed filing. Detailed filing data is available for this year.$5.42$0.77$4.65$9.28$7.94$1.34
2022Detailed filing. Detailed filing data is available for this year.$4.28$0.97$3.31$7.96$8.55$0.58
2021Detailed filing. Detailed filing data is available for this year.$5.01$1.11$3.90$7.63$7.59$0.05
2020Detailed filing. Detailed filing data is available for this year.$5.33$1.49$3.85$6.88$6.59$0.29
2019Detailed filing. Detailed filing data is available for this year.$4.15$0.59$3.56$7.01$6.54$0.47
2018Detailed filing. Detailed filing data is available for this year.$3.71$0.62$3.09$6.66$5.90$0.76
2017Detailed filing. Detailed filing data is available for this year.$3.07$0.73$2.33$5.92$5.66$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.83$0.76$2.07$5.36$5.28$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.67$0.68$1.99$5.30$5.39$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.01$0.93$2.08$5.55$5.50$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.92$2.04$4.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.49$1.40$3.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.22$1.07$2.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.08$0.78$1.50