Form 990, Part VI, Section A, Line 7A
“The organization's board of directors is a self-perpetuating board. The board accepts resignations and appoints new board members from time to time.”
Scores are not available for this record yet.
Assets
Flat$1,695,895
Flat from 2024
Net Assets
Flat$1,676,252
Flat from 2024
Liabilities
Flat$19,643
Flat from 2024
Revenue
Flat$2,580,447
Flat from 2024
Expenses
Flat$2,611,454
Flat from 2024
Net Income
Flat-$31,007
Flat from 2024
Elementary academy grades pre-k through fifth.
The embers academy is an independent school that teaches children from grades pre-k through fifth. There were 236 students who attended the embers academy during the fiscal year ending june 30, 2024.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,201,067 | $1,160,181 | ▼ $40,886 |
| Land, Buildings, and Equipment, Net | $390,464 | $323,872 | ▼ $66,592 |
| Cash and Non-Interest-Bearing Accounts | $243,874 | $169,236 | ▼ $74,638 |
| Accounts Receivable | $11,353 | $32,189 | ▲ $20,836 |
| Total Assets | $1,857,175 | $1,695,895 | ▼ $161,280 |
| Other Assets Total | $10,417 | $10,417 | → $0 |
| Liabilities | |||
| Deferred Revenue | $94,527 | $0 | ▼ $94,527 |
| Accounts Payable and Accrued Expenses | $55,389 | $19,643 | ▼ $35,746 |
| Total Liabilities | $149,916 | $19,643 | ▼ $130,273 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,707,259 | $1,676,252 | ▼ $31,007 |
| Total Net Assets Fund Balance | $1,707,259 | $1,676,252 | ▼ $31,007 |
| Total Liabilities and Net Assets / Fund Balance | $1,857,175 | $1,695,895 | ▼ $161,280 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $292,337 | $18,397 | $310,734 |
| Equipment | $31,535 | $115,585 | $147,120 |
| Buildings | $0 | - | - |
| Other Land Buildings | $0 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Therese Thursby | Asst. Head of School | FT | $61,402 | $61,402 |
| Lisa Hanretty | Head of School | FT | $59,120 | $59,120 |
| Name | Title |
|---|---|
| Sam Carter | President |
| Kelly Beck | Director |
| Niall Fagan | Director |
| Pedro Valencia | Director |
| Brian Jenn | Secretary |
| George Holohan | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Our Lady Of Ransom Church | Rent | 8300 N GREENWOOD AVENUE, Niles, IL 60714 | $281,409 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,788,896 |
| Other Expenses | $822,558 |
| Total Fundraising Expense | $28,528 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,232,667 | $92,781 | - | $1,325,448 |
| Other Employee Benefits | $211,796 | $24,917 | $12,459 | $249,172 |
| Current Officers, Directors, Trustees, and Key Employees | $72,313 | $48,209 | - | $120,522 |
| All Other Expenses | $114,890 | $3,876 | $278 | $119,044 |
| Payroll Taxes | $84,379 | $9,375 | - | $93,754 |
| Depreciation Depletion | $52,371 | $5,819 | - | $58,190 |
| Office Expenses | $29,261 | $3,442 | $1,721 | $34,424 |
| Insurance | $24,326 | $2,703 | - | $27,029 |
| Other Expenses | $24,842 | $39,181 | $14,070 | $24,842 |
| Advertising | $14,864 | - | - | $14,864 |
| Conferences and Meetings | $7,983 | $887 | - | $8,870 |
| Travel | $7,432 | - | - | $7,432 |
| Fees for Services Legal | - | $65 | - | $65 |
| Total Functional Expenses | $2,323,531 | $259,395 | $28,528 | $2,611,454 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $218,967 |
| Fundraising Direct Expenses | $43,008 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Embers Extravagaza | $218,967 | $218,967 | $6,763 | $212,204 |
| Total Events | $218,967 | $218,967 | $43,008 | $175,959 |
“The organization's board of directors is a self-perpetuating board. The board accepts resignations and appoints new board members from time to time.”
“The board of directors handles normal governance items typical of any board. The board approves policies, establishes tuition levels and hires and fires the head of the school (principal). The day to day operating decisions of the school - all of them, including hiring and firing other employees and accepting or rejecting student applicants, and disciplinary issues such as suspensions of students etc - are made by the head of school (principal) and are not made by the board.”
“The embers academy reviews the annual form 990 after it has been completed by the outside accountant. Those reviewing this form include the head of the school, the internal accountant and the school board. Information needed to complete the form 990 was obtained from the books and records of the school and by answers to questions received from various personnel of the school.”
“The board of directors regularly monitors and enforces the conflict of interest policy. The organization has not borrowed money or paid for services from board members.”
“Compensation for the two top employees (the head of the school/principal and the assistant head/vice principal of the school) is determined by the board of directors after reviewing factors such as average compensation levels for employees at similar organizations (comparability data). Neither top employee are board members and they have no say whatsoever regarding their compensation. Board members are not compensated for their board services. All compensation decisions made by the board of directors are documented in minutes of the board.”
“All governing documents, policy manuals, financial statements and copies of form 990 are made available to anyone who requests this information in addition to being reviewed and monitored by the embers academy school board. In addition, policy manuals are given to all parents and prospective and enrolled students. This is in the form of a student handbook which is updated each year.”
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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|---|---|---|
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| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 11353 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 32189 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE EMBERS ACADEMY IS AN INDEPENDENT SCHOOL THAT TEACHES CHILDREN FROM GRADES PRE-K THROUGH FIFTH. THERE WERE 236 STUDENTS WHO ATTENDED THE EMBERS ACADEMY DURING THE FISCAL YEAR ENDING JUNE 30, 2024. |
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| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3876 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 114890 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 119044 |
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| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 72313 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 120522 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
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| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 7983 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 8870 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 58190 |
| IRS990/Desc | 0 | THE EMBERS ACADEMY IS AN INDEPENDENT SCHOOL THAT TEACHES CHILDREN FROM GRADES PRE-K THROUGH FIFTH. THERE WERE 236 STUDENTS WHO ATTENDED THE EMBERS ACADEMY DURING THE FISCAL YEAR ENDING JUNE 30, 2024. |
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| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1880673 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1201067 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1160181 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 31535 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 115585 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 147120 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 292337 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 18397 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 310734 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 323872 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | ALL ADVERTISING BROUCHURES DISTRIBUTED BY THE SCHOOL CONTAIN THE RACIALLY NONDISCRIMINATORY POLICIES OF THE SCHOOL. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 43008 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 12658 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 12658 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | EMBERS EXTRAVAGAZA |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 218967 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 218967 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 218967 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 218967 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 175959 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 6763 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 6763 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 23587 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 23587 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION'S BOARD OF DIRECTORS IS A SELF-PERPETUATING BOARD. THE BOARD ACCEPTS RESIGNATIONS AND APPOINTS NEW BOARD MEMBERS FROM TIME TO TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD OF DIRECTORS HANDLES NORMAL GOVERNANCE ITEMS TYPICAL OF ANY BOARD. THE BOARD APPROVES POLICIES, ESTABLISHES TUITION LEVELS AND HIRES AND FIRES THE HEAD OF THE SCHOOL (PRINCIPAL). THE DAY TO DAY OPERATING DECISIONS OF THE SCHOOL - ALL OF THEM, INCLUDING HIRING AND FIRING OTHER EMPLOYEES AND ACCEPTING OR REJECTING STUDENT APPLICANTS, AND DISCIPLINARY ISSUES SUCH AS SUSPENSIONS OF STUDENTS ETC - ARE MADE BY THE HEAD OF SCHOOL (PRINCIPAL) AND ARE NOT MADE BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE EMBERS ACADEMY REVIEWS THE ANNUAL FORM 990 AFTER IT HAS BEEN COMPLETED BY THE OUTSIDE ACCOUNTANT. THOSE REVIEWING THIS FORM INCLUDE THE HEAD OF THE SCHOOL, THE INTERNAL ACCOUNTANT AND THE SCHOOL BOARD. INFORMATION NEEDED TO COMPLETE THE FORM 990 WAS OBTAINED FROM THE BOOKS AND RECORDS OF THE SCHOOL AND BY ANSWERS TO QUESTIONS RECEIVED FROM VARIOUS PERSONNEL OF THE SCHOOL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD OF DIRECTORS REGULARLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION HAS NOT BORROWED MONEY OR PAID FOR SERVICES FROM BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COMPENSATION FOR THE TWO TOP EMPLOYEES (THE HEAD OF THE SCHOOL/PRINCIPAL AND THE ASSISTANT HEAD/VICE PRINCIPAL OF THE SCHOOL) IS DETERMINED BY THE BOARD OF DIRECTORS AFTER REVIEWING FACTORS SUCH AS AVERAGE COMPENSATION LEVELS FOR EMPLOYEES AT SIMILAR ORGANIZATIONS (COMPARABILITY DATA). NEITHER TOP EMPLOYEE ARE BOARD MEMBERS AND THEY HAVE NO SAY WHATSOEVER REGARDING THEIR COMPENSATION. BOARD MEMBERS ARE NOT COMPENSATED FOR THEIR BOARD SERVICES. ALL COMPENSATION DECISIONS MADE BY THE BOARD OF DIRECTORS ARE DOCUMENTED IN MINUTES OF THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ALL GOVERNING DOCUMENTS, POLICY MANUALS, FINANCIAL STATEMENTS AND COPIES OF FORM 990 ARE MADE AVAILABLE TO ANYONE WHO REQUESTS THIS INFORMATION IN ADDITION TO BEING REVIEWED AND MONITORED BY THE EMBERS ACADEMY SCHOOL BOARD. IN ADDITION, POLICY MANUALS ARE GIVEN TO ALL PARENTS AND PROSPECTIVE AND ENROLLED STUDENTS. THIS IS IN THE FORM OF A STUDENT HANDBOOK WHICH IS UPDATED EACH YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxableDistributionsInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1857175 |
| IRS990/TotalAssetsEOYAmt | 0 | 1695895 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1857175 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1695895 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 523815 |
| IRS990/TotalEmployeeCnt | 0 | 60 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 28528 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 259395 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2323531 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2611454 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 149916 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 19643 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 149916 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 19643 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1707259 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1676252 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2323531 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1836559 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 120522 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 175959 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1880673 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2580447 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 70 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1857175 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1695895 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 7432 |
| IRS990/TravelGrp/TotalAmt | 0 | 7432 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationOtherInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 8340 N GREENWOOD |
| IRS990/USAddress/CityNm | 0 | NILES |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60714 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | HTTPS://EMBERSACADEMY.ORG/ |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.