Civic Intelligence

Elgin Academy Foundation

990 • Fiscal year 2021 • EIN 36-3911950

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

Organization ProfileN/A
350 Park StreetElgin, IL 60120

(847) 695-0300

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

29.97x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

1st percentile

-381%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

66th percentile

17%

Faster asset growth than 66% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

32%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$6,385,306

Up $945,561 (+17%) from 2020

Net Assets

Flat

$0

Flat from 2020

Liabilities

Up

$6,385,306

Up $945,561 (+17%) from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$213,022

Up $51,155 (+32%) from 2020

Expenses

Up

$1,024,202

Up $799,798 (+356%) from 2020

Net Income

Down

-$811,180

Down $748,643 (-1197%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $6,754,143Liabilities 2018: $6,754,143Net Assets 2018: $02018Assets 2019: $6,483,428Liabilities 2019: $6,483,428Net Assets 2019: $02019Assets 2020: $5,439,745Liabilities 2020: $5,439,745Net Assets 2020: $02020Assets 2021: $6,385,306Liabilities 2021: $6,385,306Net Assets 2021: $02021Assets 2022: $5,510,231Liabilities 2022: $5,510,231Net Assets 2022: $02022Assets 2023: $3,760,289Liabilities 2023: $3,760,289Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$6,385,306
Liabilities$6,385,306
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth70th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2018: $337,577Expenses 2018: $661,307Net Income 2018: -$323,7302018Revenue 2019: $241,634Expenses 2019: $346,477Net Income 2019: -$104,8432019Revenue 2020: $161,867Expenses 2020: $224,404Net Income 2020: -$62,5372020Revenue 2021: $213,022Expenses 2021: $1,024,202Net Income 2021: -$811,1802021Revenue 2022: $932,563Expenses 2022: $30,938Net Income 2022: $901,6252022Revenue 2023: $203,856Expenses 2023: $286,532Net Income 2023: -$82,6762023Revenue 2024: $127,537Expenses 2024: $127,537Net Income 2024: $02024

Highlighted filing

2021

Revenue$213,022
Expenses$1,024,202
Net Income-$811,180
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.2
Gross Receipts
$213,022
Mission and Program Overview

Mission

Elgin academy foundation is organized to support elgin academy and its educational programs and services through the provision of financial assistance and other available means.

Elgin academy foundation is organized to support elgin academy and its educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,597,119$5,052,733▲ $455,614
Cash and Non-Interest-Bearing Accounts$842,626$1,332,573▲ $489,947
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,439,745$6,385,306▲ $945,561
Liabilities
Other Liabilities$5,439,745$6,385,306▲ $945,561
Total Liabilities$5,439,745$6,385,306▲ $945,561
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$5,439,745$6,385,306▲ $945,561
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Margaret WardPresident
Richard MiloneVice-president
William PadulaSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$213,022
Other Revenue
$0
Change in Net Assets
$-811,180

Audited Revenue Reconciliation

Revenue per Audited Statements
$213,022
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$811,180
Total Revenue per Audited Statements
$1,024,202
Total Revenue per Form 990
$213,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$988,044
Other Expenses$36,158
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$988,044--$988,044
Fees for Services Other-$36,158-$36,158
Total Functional Expenses$988,044$36,158$0$1,024,202

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,024,202
Total Expenses per Audited Statements$1,024,202
Total Expenses per Form 990$1,024,202
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Elgin AcademyElgin, IL501 (c)(3)See Note$988,044
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Elgin Academy$6,385,306
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Margaret ward, richard milone and william padula are also board members for elgin academy and mulford square preservation corporation.”

Form 990, Part VI, Section A, Line 3

“Line 3 explanation - the portfolio of investments for the foundation is managed by vanguard and first american bank.”

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

“Line 11b explanation - a draft copy of the form 990 and related schedules is circulated by the director of finance to board members along with copies of the audited financial statements for review and comment prior to filing.”

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

“Annual disclosure statements are submitted to the organization for review. To date, there have been no conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request at the organization's office during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Elgin Academy Foundation
EIN
36-3911950
Phone
8476950300
Address
350 PARK STREET, ELGIN, IL 60120

Signing Officer

Name
Margaret Ward
Title
President
Phone
8476950300
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Ward
Formed
1993
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Rubinbrown Llp
Address
225 W WACKER DRIVE, CHICAGO, IL 60606
Preparer
Bruce Schiff
Phone
3124251099
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Bank fees and service charges: program service expenses 0. Management and general expenses 36,158. Fundraising expenses 0. Total expenses 36,158.”

FORM 990, PART XII, LINE 2C:

“The organization didn't change its oversight process and selection process during the tax year.”

Form 990, Schedule I, Part II, Line 1H - Purpose of Grant

“All revenue earned by elgin academy foundation (the foundation) is granted to elgin academy since all funds held by the foundation are for the beneficial interest of elgin academy.”

Form 990, Schedule R, Part V, Line 2D

“The elgin academy foundation and elgin academy had jointly guaranteed the bond and loan agreement in the amount of $4,515,852 with first american bank.”

Raw XML AppendixShowing 400 of 410 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ELGIN ACADEMY FOUNDATION'S BOARD OF DIRECTORS ALSO SIT ON THE BOARD OF ELGIN ACADEMY. ELGIN ACADEMY'S BOARD, MORE SPECIFICALLY THE FINANCE COMMITTEE OF THE BOARD, REVIEWS MONTHLY FINANCIAL STATEMENTS AND CASH FLOW. IF CASH IS NEEDED TO HELP FUND OPERATIONS, THE BOARD WILL REVIEW AND APPROVE THE TRANSFER OF FUNDS FROM THE FOUNDATION TO ELGIN ACADEMY. NOT ALL OF THE ANNUAL GRANT INCOME, IF ANY, IS REQUIRED TO BE TRANSFERRED TO ELGIN ACADEMY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARGARET WARD, RICHARD MILONE AND WILLIAM PADULA ARE ALSO BOARD MEMBERS FOR ELGIN ACADEMY AND MULFORD SQUARE PRESERVATION CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 3 EXPLANATION - THE PORTFOLIO OF INVESTMENTS FOR THE FOUNDATION IS MANAGED BY VANGUARD AND FIRST AMERICAN BANK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11B EXPLANATION - A DRAFT COPY OF THE FORM 990 AND RELATED SCHEDULES IS CIRCULATED BY THE DIRECTOR OF FINANCE TO BOARD MEMBERS ALONG WITH COPIES OF THE AUDITED FINANCIAL STATEMENTS FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL DISCLOSURE STATEMENTS ARE SUBMITTED TO THE ORGANIZATION FOR REVIEW. TO DATE, THERE HAVE BEEN NO CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES AND SERVICE CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 36,158. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,158.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DIDN'T CHANGE ITS OVERSIGHT PROCESS AND SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL REVENUE EARNED BY ELGIN ACADEMY FOUNDATION (THE FOUNDATION) IS GRANTED TO ELGIN ACADEMY SINCE ALL FUNDS HELD BY THE FOUNDATION ARE FOR THE BENEFICIAL INTEREST OF ELGIN ACADEMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ELGIN ACADEMY FOUNDATION AND ELGIN ACADEMY HAD JOINTLY GUARANTEED THE BOND AND LOAN AGREEMENT IN THE AMOUNT OF $4,515,852 WITH FIRST AMERICAN BANK.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, SCHEDULE I, PART II, LINE 1H - PURPOSE OF GRANT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, SCHEDULE R, PART V, LINE 2D
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0MULFORD SQUARE PRESERVATION CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0O'KEEFFE MULFORD LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0273270694
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt05029275
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0AFF. HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt097618
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0350 PARK STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0ELGIN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd060120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ELGIN ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MULFORD SQUARE PRESERVATION CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362205984
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1364082001
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFF. HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE_2_SCHOOL_DESCRI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0350 PARK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1350 PARK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ELGIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ELGIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd160120
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0988044
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt14515852
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt26385306
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ELGIN ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ELGIN ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ELGIN ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05439745
IRS990/TotalAssetsEOYAmt06385306
IRS990/TotalAssetsGrp/BOYAmt05439745
IRS990/TotalAssetsGrp/EOYAmt06385306
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036158
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0988044
IRS990/TotalFunctionalExpensesGrp/TotalAmt01024202
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05439745
IRS990/TotalLiabilitiesEOYAmt06385306
IRS990/TotalLiabilitiesGrp/BOYAmt05439745
IRS990/TotalLiabilitiesGrp/EOYAmt06385306
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0988044
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0213022
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0213022
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05439745
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06385306
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0350 PARK STREET
IRS990/USAddress/CityNm0ELGIN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060120
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET WARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08476950300
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELGIN ACADEMY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ELGI
ReturnHeader/Filer/EIN0363911950
ReturnHeader/Filer/PhoneNum08476950300
ReturnHeader/Filer/USAddress/AddressLine1Txt0350 PARK STREET
ReturnHeader/Filer/USAddress/CityNm0ELGIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060120
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430765316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUBINBROWN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 W WACKER DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,385,306
Liabilities
$6,385,306
Net assets
$0
Revenue
$213,022
Expenses
$1,024,202
Net income
-$811,180
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.13$0.13$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.76$3.76$0.00$0.20$0.29$0.08
2022Detailed filing. Detailed filing data is available for this year.$5.51$5.51$0.00$0.93$0.03$0.90
2021Detailed filing. Detailed filing data is available for this year.$6.39$6.39$0.00$0.21$1.02$0.81
2020Detailed filing. Detailed filing data is available for this year.$5.44$5.44$0.00$0.16$0.22$0.06
2019Detailed filing. Detailed filing data is available for this year.$6.48$6.48$0.00$0.24$0.35$0.10
2018Detailed filing. Detailed filing data is available for this year.$6.75$6.75$0.00$0.34$0.66$0.32