Civic Intelligence

Joseph Academy Inc.

990 • Fiscal year 2022 • EIN 36-3245620

Sep 01, 2021 to Aug 31, 2022 • Filed on Oct 26, 2023

Organization ProfileWWW.JOSEPHACADEMY.ORG

View Organization Page

1100 N 22nd AveMelrose Park, IL 60160

(708) 345-4500

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$410,257

Down $245,463 (-37%) from 2021

Net Assets

Down

-$159,960

Down $401,756 (-166%) from 2021

Liabilities

Up

$570,217

Up $156,293 (+38%) from 2021

Revenue And Expenses

Revenue

Down

$1,939,952

Down $1,565,464 (-45%) from 2021

Expenses

Down

$2,341,708

Down $823,097 (-26%) from 2021

Net Income

Down

-$401,756

Down $742,367 (-218%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2014: $722,599Liabilities 2014: $474,488Net Assets 2014: $248,1112014Assets 2015: $667,967Liabilities 2015: $379,053Net Assets 2015: $288,9142015Assets 2016: $394,050Liabilities 2016: $538,220Net Assets 2016: -$144,1702016Assets 2017: $264,213Liabilities 2017: $551,488Net Assets 2017: -$287,2752017Assets 2018: $396,337Liabilities 2018: $732,403Net Assets 2018: -$336,0662018Assets 2019: $420,137Liabilities 2019: $835,507Net Assets 2019: -$415,3702019Assets 2020: $1,028,976Liabilities 2020: $1,127,791Net Assets 2020: -$98,8152020Assets 2021: $655,720Liabilities 2021: $413,924Net Assets 2021: $241,7962021Assets 2022: $416,374Liabilities 2022: $629,101Net Assets 2022: -$212,7272022Assets 2022: $410,257Liabilities 2022: $570,217Net Assets 2022: -$159,9602022Assets 2023: $661,744Liabilities 2023: $569,437Net Assets 2023: $92,3072023Assets 2024: $711,531Liabilities 2024: $516,232Net Assets 2024: $195,2992024Assets 2025: $720,135Liabilities 2025: $655,452Net Assets 2025: $64,6832025

Highlighted filing

2022

Assets$410,257
Liabilities$570,217
Net Assets-$159,960
Open 2022 Filing

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $5,039,426Expenses 2014: $4,763,418Net Income 2014: $276,0082014Revenue 2015: $4,724,177Expenses 2015: $4,695,060Net Income 2015: $29,1172015Revenue 2016: $4,024,419Expenses 2016: $4,457,503Net Income 2016: -$433,0842016Revenue 2017: $3,858,421Expenses 2017: $3,997,268Net Income 2017: -$138,8472017Revenue 2018: $3,967,220Expenses 2018: $4,016,011Net Income 2018: -$48,7912018Revenue 2019: $3,762,514Expenses 2019: $3,841,818Net Income 2019: -$79,3042019Revenue 2020: $3,574,009Expenses 2020: $3,257,454Net Income 2020: $316,5552020Revenue 2021: $3,505,416Expenses 2021: $3,164,805Net Income 2021: $340,6112021Revenue 2022: $1,898,277Expenses 2022: $2,352,603Net Income 2022: -$454,3262022Revenue 2022: $1,939,952Expenses 2022: $2,341,708Net Income 2022: -$401,7562022Revenue 2023: $1,902,336Expenses 2023: $1,650,069Net Income 2023: $252,2672023Revenue 2024: $1,992,145Expenses 2024: $1,889,153Net Income 2024: $102,9922024Revenue 2025: $1,757,760Expenses 2025: $1,888,376Net Income 2025: -$130,6162025

Highlighted filing

2022

Revenue$1,939,952
Expenses$2,341,708
Net Income-$401,756
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Oct 26, 2023
Return Version
2021v4.2
Gross Receipts
$1,939,952
Mission and Program Overview

Mission

To serve children and adolescents with behavioral, emotional, and learning disorders by helping them develop the social, academic, and vocational skills they need to function successfully in society. The ultimate goal is to transform these young people into achievers who can effectively re-enter the mainstream.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$141,599$169,972▲ $28,373
Land, Buildings, and Equipment, Net$164,819$130,254▼ $34,565
Cash and Non-Interest-Bearing Accounts$300,278$110,031▼ $190,247
Prepaid Expenses and Deferred Charges$49,024--
Total Assets$655,720$410,257▼ $245,463
Liabilities
Accounts Payable and Accrued Expenses$270,942$354,217▲ $83,275
Unsecured Notes Loans Payable-$216,000-
Other Liabilities$142,982$0▼ $142,982
Total Liabilities$413,924$570,217▲ $156,293
Net Assets / Fund Balance
Net Assets With Donor Restrictions$117,137$0▼ $117,137
Net Assets Without Donor Restrictions$124,659$-159,960▼ $284,619
Total Net Assets Fund Balance$241,796$-159,960▼ $401,756
Total Liabilities and Net Assets / Fund Balance$655,720$410,257▼ $245,463

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$43,943$270,954$314,897
Leasehold Improvements$86,311$139,343$225,654
Other Land Buildings$0$30,993$30,993
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert MalekPrincipalFT$169,269$169,269

Board Members and Trustees

NameTitle
Thomas C RatchfordPresident
Fr Maina WaithakaDirector
Jonathan EllwangerDirector
Maureen EspinozaSecretary
Benjamin SaydahTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,106
Program Service Revenue
$1,933,846
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$-401,756

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,939,952
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,939,952
Total Revenue per Form 990
$1,939,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,554,016
Other Expenses$787,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,270,248--$1,270,248
Occupancy$305,711--$305,711
Insurance$232,502--$232,502
Current Officers, Directors, Trustees, and Key Employees$169,269--$169,269
Payroll Taxes$111,984--$111,984
Depreciation Depletion-$34,565-$34,565
Fees for Services Legal-$29,722-$29,722
Fees for Services Accounting-$29,380-$29,380
Office Expenses$28,598--$28,598
All Other Expenses$9,288$5,376-$14,664
Other Expenses$18,849$10,763-$10,763
Other Employee Benefits$2,515--$2,515
Advertising-$2,124-$2,124
Fees for Services Other$1,828--$1,828
Travel$1,504--$1,504
Total Functional Expenses$2,228,436$113,272$0$2,341,708

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,341,708
Total Expenses per Audited Statements$2,341,708
Total Expenses per Form 990$2,341,708
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
Yes
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 2

“Maureen espinoza and michael schack have a family relationship.”

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

“A copy of the 990 is provided to the board of directors for review prior to its filing. Any questions that arise during the review process are submitted to the executive director and asnwered in consultation with the organization's business manager and outside accountants.”

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

“Board members complete an annual conflict of interest questionnaire.”

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

“Officers' salaries are reviewed and approved by the board of directors for key employees. Salaries are reviewed by the executive director annually based on competitive rates, experience, responsibilities and performance reviews.”

Form 990, Part VI, Section C, Line 19

“These documents are kept in the main office of the organization and made available upon request.”

Filing and Contact Details

Filer

Filer Name
Joseph Academy Inc
EIN
36-3245620
Phone
7083454500
Address
1100 N 22ND AVE, MELROSE PARK, IL 60160

Signing Officer

Name
Thomas Ratchford
Title
President
Phone
7083454500
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Ratchford
Formed
1982
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
39
Volunteers
8

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Megan Angle
Phone
8479561040
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“There were no changes to the audit selection process from the previous year.”

Form 990 Amended Return Changes

“Taxpayer is amending their 2021 form 990 in order to properly agree the tax return to the august 31, 2022 audited financial statements. Program service revenue increased by $41,675 and program service expenses increased by $340,011, management and general expenses decreased by $349,078 and fundraising expenses decreased by $1,828. Total expenses overall decreased by $10,895. Accounts receivable increased by $29,647 and fixed assets decreased by $35,674 therefore decreasing total assets by $6,117. Accounts payable and accrued expenses decreased by $58,884 and net assets increased by $52,767.”

Financial Statement Notes

PART X, LINE 2:

“The academy has adopted the provision of asc topic 740, income taxes, relating to the accounting for uncertainty in income taxes. The academy files information returns in the u.s. Federal jurisdiction, and the state of illinois. Management is not aware of any uncertain tax positions.”

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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030993
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030993
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01939952
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS ADOPTED THE PROVISION OF ASC TOPIC 740, INCOME TAXES, RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ACADEMY FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF ILLINOIS. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0130254
IRS990ScheduleD/TotalExpensesPerForm990Amt02341708
IRS990ScheduleD/TotalRevenuePerForm990Amt01939952
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01939952
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02341708
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/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0JOSEPH ACADEMY DOES NOT HAVE A SOLICITATION PROGRAM. THE PROGRAM IS FOR STUDENTS FROM SCHOOL DISTRICTS WHO HAVE BEEN RECOMMENDED BY THEIR RESPECTIVE SCHOOL DISTRICT DUE TO HAVING BEHAVIORAL, EMOTIONAL OR LEARNING DISORDERS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1TUITION IS PAID BY CHICAGOLAND SCHOOL DISTRICTS AT RATES SET BY THE ILLINOIS BOARD OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2JOSEPH ACADEMY DOES NOT HAVE A SOLICITATION PROGRAM. THE PROGRAM IS FOR STUDENTS FROM SCHOOL DISTRICTS WHO HAVE BEEN RECOMMENDED BY THEIR RESPECTIVE SCHOOL DISTRICT DUE TO HAVING BEHAVIORAL, EMOTIONAL OR LEARNING DISORDERS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0169269
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT MALEK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0169269
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAUREEN ESPINOZA AND MICHAEL SCHACK HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO ITS FILING. ANY QUESTIONS THAT ARISE DURING THE REVIEW PROCESS ARE SUBMITTED TO THE EXECUTIVE DIRECTOR AND ASNWERED IN CONSULTATION WITH THE ORGANIZATION'S BUSINESS MANAGER AND OUTSIDE ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS' SALARIES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS FOR KEY EMPLOYEES. SALARIES ARE REVIEWED BY THE EXECUTIVE DIRECTOR ANNUALLY BASED ON COMPETITIVE RATES, EXPERIENCE, RESPONSIBILITIES AND PERFORMANCE REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THESE DOCUMENTS ARE KEPT IN THE MAIN OFFICE OF THE ORGANIZATION AND MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE WERE NO CHANGES TO THE AUDIT SELECTION PROCESS FROM THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TAXPAYER IS AMENDING THEIR 2021 FORM 990 IN ORDER TO PROPERLY AGREE THE TAX RETURN TO THE AUGUST 31, 2022 AUDITED FINANCIAL STATEMENTS. PROGRAM SERVICE REVENUE INCREASED BY $41,675 AND PROGRAM SERVICE EXPENSES INCREASED BY $340,011, MANAGEMENT AND GENERAL EXPENSES DECREASED BY $349,078 AND FUNDRAISING EXPENSES DECREASED BY $1,828. TOTAL EXPENSES OVERALL DECREASED BY $10,895. ACCOUNTS RECEIVABLE INCREASED BY $29,647 AND FIXED ASSETS DECREASED BY $35,674 THEREFORE DECREASING TOTAL ASSETS BY $6,117. ACCOUNTS PAYABLE AND ACCRUED EXPENSES DECREASED BY $58,884 AND NET ASSETS INCREASED BY $52,767.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 AMENDED RETURN CHANGES
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0680611567
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0CONSULTING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0KEYSTONE EDUCATIONAL MANAGEMENT SERVICES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01100 N 22ND AVE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0MELROSE PARK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd060160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JOSEPH ACADEMY FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363474528
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01100 N 22ND AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MELROSE PARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060160
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt076000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0PROMISSORY NOTE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0JOSEPH ACADEMY FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0655720
IRS990/TotalAssetsEOYAmt0410257
IRS990/TotalAssetsGrp/BOYAmt0655720
IRS990/TotalAssetsGrp/EOYAmt0410257
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt06106
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0113272
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02228436

Document Assets

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Filings

Displayed year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$410,257
Liabilities
$570,217
Net assets
-$159,960
Revenue
$1,939,952
Expenses
$2,341,708
Net income
-$401,756
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.72$0.66$0.06$1.76$1.89$0.13
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.52$0.20$1.99$1.89$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.57$0.09$1.90$1.65$0.25
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.63$0.21$1.90$2.35$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.57$0.16$1.94$2.34$0.40
2021Detailed filing. Detailed filing data is available for this year.$0.66$0.41$0.24$3.51$3.16$0.34
2020Detailed filing. Detailed filing data is available for this year.$1.03$1.13$0.10$3.57$3.26$0.32
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.84$0.42$3.76$3.84$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.73$0.34$3.97$4.02$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.55$0.29$3.86$4.00$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.54$0.14$4.02$4.46$0.43
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.38$0.29$4.72$4.70$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.47$0.25$5.04$4.76$0.28