Civic Intelligence

The Chicago Math & Science Academy

EIN 45-0532536 • 501(c)3 • Chicago, IL

Profile

To prepare students for college by creating an effective learning community of higher standards and expectations with a rigorous curriculum focusing on science, math and technology.

7212 N Clark StreetChicago, IL 60626-2416

www.cmsaonline.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.75x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.49x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

32nd percentile

-1.2%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$129,065

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

22nd percentile

-3.4%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-4.4%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$22,015,712

Down $781,264 (-3.4%) from 2023

Liabilities

Down

$16,577,351

Down $649,529 (-3.8%) from 2023

Net Assets

Down

$5,438,361

Down $131,735 (-2.4%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin32nd percentile

Revenue

Down

$11,131,264

Down $515,894 (-4.4%) from 2023

Expenses

Up

$11,262,999

Up $725,134 (+6.9%) from 2023

Net Income

Down

-$131,735

Down $1,241,028 (-112%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $12,560,334Liabilities 2011: $10,839,420Net Assets 2011: $1,720,9142011Assets 2012: $14,365,018Liabilities 2012: $13,216,184Net Assets 2012: $1,148,8342012Assets 2013: $13,919,014Liabilities 2013: $13,233,091Net Assets 2013: $685,9232013Assets 2014: $1,497,777Liabilities 2014: $412,015Net Assets 2014: $1,085,7622014Assets 2015: $1,761,209Liabilities 2015: $412,101Net Assets 2015: $1,349,1082015Assets 2016: $1,713,699Liabilities 2016: $427,351Net Assets 2016: $1,286,3482016Assets 2017: $1,834,414Liabilities 2017: $359,641Net Assets 2017: $1,474,7732017Assets 2018: $2,048,263Liabilities 2018: $361,466Net Assets 2018: $1,686,7972018Assets 2019: $2,367,513Liabilities 2019: $450,020Net Assets 2019: $1,917,4932019Assets 2020: $2,912,965Liabilities 2020: $401,745Net Assets 2020: $2,511,2202020Assets 2021: $4,254,447Liabilities 2021: $723,601Net Assets 2021: $3,530,8462021Assets 2022: $5,498,831Liabilities 2022: $1,038,028Net Assets 2022: $4,460,8032022Assets 2023: $22,796,976Liabilities 2023: $17,226,880Net Assets 2023: $5,570,0962023Assets 2024: $22,015,712Liabilities 2024: $16,577,351Net Assets 2024: $5,438,3612024

Highlighted filing

2024

Assets$22,015,712
Liabilities$16,577,351
Net Assets$5,438,361
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,289,235Expenses 2011: $6,105,865Net Income 2011: $183,3702011Revenue 2012: $6,281,835Expenses 2012: $6,853,915Net Income 2012: -$572,0802012Revenue 2013: $6,715,490Expenses 2013: $7,148,665Net Income 2013: -$433,1752013Revenue 2014: $6,927,977Expenses 2014: $7,042,074Net Income 2014: -$114,0972014Revenue 2015: $7,435,340Expenses 2015: $7,188,961Net Income 2015: $246,3792015Revenue 2016: $7,132,020Expenses 2016: $7,194,780Net Income 2016: -$62,7602016Revenue 2017: $6,848,692Expenses 2017: $6,656,895Net Income 2017: $191,7972017Revenue 2018: $8,287,414Expenses 2018: $8,079,269Net Income 2018: $208,1452018Revenue 2019: $7,867,024Expenses 2019: $7,636,330Net Income 2019: $230,6942019Revenue 2020: $8,341,870Expenses 2020: $7,748,143Net Income 2020: $593,7272020Revenue 2021: $8,792,150Expenses 2021: $7,772,524Net Income 2021: $1,019,6262021Revenue 2022: $10,124,882Expenses 2022: $9,194,925Net Income 2022: $929,9572022Revenue 2023: $11,647,158Expenses 2023: $10,537,865Net Income 2023: $1,109,2932023Revenue 2024: $11,131,264Expenses 2024: $11,262,999Net Income 2024: -$131,7352024

Highlighted filing

2024

Revenue$11,131,264
Expenses$11,262,999
Net Income-$131,735
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,015,712
Liabilities
$16,577,351
Net assets
$5,438,361
Revenue
$11,131,264
Expenses
$11,262,999
Net income
-$131,735
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.0$16.6$5.44$11.1$11.3$0.13
2023Detailed filing. Detailed filing data is available for this year.$22.8$17.2$5.57$11.6$10.5$1.11
2022Detailed filing. Detailed filing data is available for this year.$5.50$1.04$4.46$10.1$9.19$0.93
2021Detailed filing. Detailed filing data is available for this year.$4.25$0.72$3.53$8.79$7.77$1.02
2020Detailed filing. Detailed filing data is available for this year.$2.91$0.40$2.51$8.34$7.75$0.59
2019Summary only. Only limited summary data is available for this year.$2.37$0.45$1.92$7.87$7.64$0.23
2018Summary only. Only limited summary data is available for this year.$2.05$0.36$1.69$8.29$8.08$0.21
2017Summary only. Only limited summary data is available for this year.$1.83$0.36$1.47$6.85$6.66$0.19
2016Summary only. Only limited summary data is available for this year.$1.71$0.43$1.29$7.13$7.19$0.06
2015Summary only. Only limited summary data is available for this year.$1.76$0.41$1.35$7.44$7.19$0.25
2014Summary only. Only limited summary data is available for this year.$1.50$0.41$1.09$6.93$7.04$0.11
2013Summary only. Only limited summary data is available for this year.$13.9$13.2$0.69$6.72$7.15$0.43
2012Summary only. Only limited summary data is available for this year.$14.4$13.2$1.15$6.28$6.85$0.57
2011Summary only. Only limited summary data is available for this year.$12.6$10.8$1.72$6.29$6.11$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 14, 2025
Return Version
2023v6.0
Gross Receipts
$11,131,264
Mission and Program Overview

Mission

To prepare Students for College by creating an effective learning community of higher standards and expectations with a rigorous curriculum focusing on Science, Math and Technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,347,398$3,369,954▲ $22,556
Pledges and Grants Receivable$1,574,140$1,584,782▲ $10,642
Land, Buildings, and Equipment, Net$1,577,702$1,495,037▼ $82,665
Prepaid Expenses and Deferred Charges$85,577$19,778▼ $65,799
Total Assets$22,796,976$22,015,712▼ $781,264
Other Assets Total$16,212,159$15,546,161▼ $665,998
Liabilities
Other Liabilities$16,214,482$15,551,998▼ $662,484
Accounts Payable and Accrued Expenses$1,012,398$1,025,353▲ $12,955
Total Liabilities$17,226,880$16,577,351▼ $649,529
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,528,783$5,427,861▼ $100,922
Net Assets With Donor Restrictions$41,313$10,500▼ $30,813
Total Net Assets Fund Balance$5,570,096$5,438,361▼ $131,735
Total Liabilities and Net Assets / Fund Balance$22,796,976$22,015,712▼ $781,264

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$276,032$1,315,567$1,591,599
Leasehold Improvements$1,067,711$522,625$1,590,336
Other Land Buildings$151,294$1,218,076$1,369,370
Other Assets Org$15,546,161--
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angela HulsPrincipalFT$113,914$15,151$129,065
Hakan BagciogluAsst. Principal of AcademicsFT$101,465$18,482$119,947

Board Members and Trustees

NameTitle
Ercan YatkinPresident
Ajda YilmazBoard Member
Ilham MohammedBoard Member
Martin EnemBoard Member
Roshan SiddiquiBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Concept Schools INCManagement Services1336 BASSWOOD RD, Schaumburg, IL 60173$878,371
Revenue and Support

Revenue Composition

Contributions and Grants
$1,503,530
Program Service Revenue
$9,502,869
Investment Income
$89,878
Other Revenue
$34,987
All Other Contributions
$198,277
Change in Net Assets
$-131,735

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$151,628Fair Market Value (FMV)
Total Noncash Contributions1$151,628-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,131,264
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$86,518
Total Revenue per Audited Statements
$11,217,782
Total Revenue per Form 990
$11,131,264
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,710,145
Other Expenses$4,552,854
Total Fundraising Expense$168,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,963,337$1,100,424$105,689$5,169,450
Occupancy$1,180,259$362,885$31,492$1,574,636
Fees for Services Management-$878,371-$878,371
Pension Plan Contributions$568,011$165,482$15,147$748,640
Fees for Services Other$609,737$1,124$140$611,001
Other Employee Benefits$413,428$112,066$11,025$536,519
Depreciation Depletion$310,368--$310,368
Current Officers, Directors, Trustees, and Key Employees-$138,427-$138,427
Advertising$122,153--$122,153
Payroll Taxes$87,832$26,935$2,342$117,109
Information Technology$87,842--$87,842
Office Expenses$39,919$17,314$1,093$58,326
All Other Expenses$48,634$9,206-$57,840
Insurance$35,998$12,000-$47,998
Other Expenses$29,250$12,536$63$41,786
Fees for Services Accounting$20,327$6,683$835$27,845
Fees for Services Legal$11,549$3,797$474$15,820
Travel$5,216$1,219$339$6,774
Total Functional Expenses$8,244,307$2,850,053$168,639$11,262,999

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,349,517
Expenses per Audited Statements$11,262,999
Total Expenses per Form 990$11,262,999
Expenses Not Reported on Form 990$86,518
Expenses Not Reported on Financial Statements$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Obligation Under Operating Lease$15,551,998
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The academy has an annual management and consulting agreement with concept schools, inc. To provide an educational program and management and administrative services. The annual management fee is equal to 8% of the academy's total annual revenue. For the year ended june 30, 2024, the academy paid concept schools, inc. $878,371.”

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

“The principal carefully reviews the form 990 first, and then it is passed out to the governing body for approval before the form is filed.”

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

“The conflict of interest policy is in the staff handbook. The handbook is provided to all board members and employees annually. The board reviews all employees, and themselves, for potential conflicts of interest. Any potential conflicts of interest are handled on a case by case basis.”

Form 990, Part VI, Section B, Line 15

“First the principal determines appropriate compensation for each employee based on the criteria of: subject, certification, qualifications, experience, peer salaries, and urgency in need to fill position. The board has the final approval for all salaries which are suggested by the principal.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, financial statements and tax returns available upon request.”

Filing and Contact Details

Filer

Filer Name
The Chicago Math & Science Academy
EIN
45-0532536
Phone
7737618960
Address
7212 N CLARK STREET, CHICAGO, IL 60626-2416

Signing Officer

Name
Angela Huls
Title
Principal
Phone
7737618960
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Huls
Formed
2003
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
90
Volunteers
5

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
200 W ADAMS STREET STE 2015, CHICAGO, IL 60606
Preparer
Kevin Fuqua CPA
Phone
3123462191
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The academy has been determined to be exempt from income tax under section 501(c)(3) of the internal revenue code, and accordingly, no provision has been made for either federal or state income taxes. The academy evaluated the tax positions taken for all open tax years. Currently, the returns for the prior three fiscal years are open and subject to examination by the internal revenue service; however, the academy is not currently under audit nor has the academy been contacted by this jurisdiction. Based on the evaluation of the academy's tax positions, management believes all positions would be upheld under an examination; therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended june 30, 2024.”

Raw XML AppendixShowing 400 of 478 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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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt01305253
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011131264
IRS990/GrossRentsGrp/RealAmt024770
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt087842
IRS990/InformationTechnologyGrp/TotalAmt087842
IRS990/InsuranceGrp/ManagementAndGeneralAmt012000
IRS990/InsuranceGrp/ProgramServicesAmt035998
IRS990/InsuranceGrp/TotalAmt047998
IRS990/InvestmentIncomeGrp/ExclusionAmt089878
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt089878
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03056268
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01577702
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01495037
IRS990/LandBldgEquipCostOrOtherBssAmt04551305
IRS990/LegalDomicileStateCd0IL
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PREPARE STUDENTS FOR COLLEGE BY CREATING AN EFFECTIVE LEARNING COMMUNITY OF HIGHER STANDARDS AND EXPECTATIONS WITH A RIGOROUS CURRICULUM FOCUSING ON SCIENCE, MATH AND TECHNOLOGY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05570096
IRS990/NetAssetsOrFundBalancesEOYAmt05438361
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt024770
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt024770
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05528783
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05427861
IRS990/NoncashContributionsAmt0151628
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt031492
IRS990/OccupancyGrp/ManagementAndGeneralAmt0362885
IRS990/OccupancyGrp/ProgramServicesAmt01180259
IRS990/OccupancyGrp/TotalAmt01574636
IRS990/OfficeExpensesGrp/FundraisingAmt01093
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017314
IRS990/OfficeExpensesGrp/ProgramServicesAmt039919
IRS990/OfficeExpensesGrp/TotalAmt058326
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016212159
IRS990/OtherAssetsTotalGrp/EOYAmt015546161
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011025
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0112066
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0413428
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0536519
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc1EXTRA-CURRICULAR ACTIVI
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt063
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01584
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112536
IRS990/OtherExpensesGrp/ProgramServicesAmt0293415
IRS990/OtherExpensesGrp/ProgramServicesAmt1223487
IRS990/OtherExpensesGrp/ProgramServicesAmt2193545
IRS990/OtherExpensesGrp/ProgramServicesAmt329250
IRS990/OtherExpensesGrp/TotalAmt0295062
IRS990/OtherExpensesGrp/TotalAmt1223487
IRS990/OtherExpensesGrp/TotalAmt2193545
IRS990/OtherExpensesGrp/TotalAmt341786
IRS990/OtherLiabilitiesGrp/BOYAmt016214482
IRS990/OtherLiabilitiesGrp/EOYAmt015551998
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt010217
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010217
IRS990/OtherRevenueTotalAmt010217
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0105689
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01100424
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03963337
IRS990/OtherSalariesAndWagesGrp/TotalAmt05169450
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02342
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026935
IRS990/PayrollTaxesGrp/ProgramServicesAmt087832
IRS990/PayrollTaxesGrp/TotalAmt0117109
IRS990/PensionPlanContributionsGrp/FundraisingAmt015147
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0165482
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0568011
IRS990/PensionPlanContributionsGrp/TotalAmt0748640
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01574140
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01584782
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt085577
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019778
IRS990/PrincipalOfficerNm0ANGELA HULS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0PER CAPITA TUITION
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT FEES & ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09454930
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147939
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09454930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147939
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02814668
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt043369
IRS990/PYOtherExpensesAmt04513377
IRS990/PYOtherRevenueAmt036891
IRS990/PYProgramServiceRevenueAmt08752230
IRS990/PYRevenuesLessExpensesAmt01109293
IRS990/PYSalariesCompEmpBnftPaidAmt06024488
IRS990/PYTotalExpensesAmt010537865
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011647158
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-131735
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt024770
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09502869
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/DonatedServicesAndUseFcltsAmt086518
IRS990ScheduleD/DonatedServicesUseFcltsAmt086518
IRS990ScheduleD/EquipmentGrp/BookValueAmt0276032
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01315567
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01591599
IRS990ScheduleD/ExpensesNotReportedAmt086518
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011262999
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01067711
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0522625
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01590336
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015546161
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0151294
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01218076
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01369370
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015551998
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OBLIGATION UNDER OPERATING LEASE
IRS990ScheduleD/RevenueNotReportedAmt086518
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011131264
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. THE ACADEMY EVALUATED THE TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER, THE ACADEMY IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ACADEMY BEEN CONTACTED BY THIS JURISDICTION. BASED ON THE EVALUATION OF THE ACADEMY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED JUNE 30, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01495037
IRS990ScheduleD/TotalBookValueOtherAssetsAmt015546161
IRS990ScheduleD/TotalExpensesPerForm990Amt011262999
IRS990ScheduleD/TotalLiabilityAmt015551998
IRS990ScheduleD/TotalRevenuePerForm990Amt011131264
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011217782
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011349517
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATION POLICY IS INCLUDED IN ADVERTISING AND NEWS RELEASES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LUNCH PROGRAM
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0151628
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0SCHEDULE M, PART I, COLUMN (B): NUMBER OF DONATIONS
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS AN ANNUAL MANAGEMENT AND CONSULTING AGREEMENT WITH CONCEPT SCHOOLS, INC. TO PROVIDE AN EDUCATIONAL PROGRAM AND MANAGEMENT AND ADMINISTRATIVE SERVICES. THE ANNUAL MANAGEMENT FEE IS EQUAL TO 8% OF THE ACADEMY'S TOTAL ANNUAL REVENUE. FOR THE YEAR ENDED JUNE 30, 2024, THE ACADEMY PAID CONCEPT SCHOOLS, INC. $878,371.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRINCIPAL CAREFULLY REVIEWS THE FORM 990 FIRST, AND THEN IT IS PASSED OUT TO THE GOVERNING BODY FOR APPROVAL BEFORE THE FORM IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS IN THE STAFF HANDBOOK. THE HANDBOOK IS PROVIDED TO ALL BOARD MEMBERS AND EMPLOYEES ANNUALLY. THE BOARD REVIEWS ALL EMPLOYEES, AND THEMSELVES, FOR POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS OF INTEREST ARE HANDLED ON A CASE BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FIRST THE PRINCIPAL DETERMINES APPROPRIATE COMPENSATION FOR EACH EMPLOYEE BASED ON THE CRITERIA OF: SUBJECT, CERTIFICATION, QUALIFICATIONS, EXPERIENCE, PEER SALARIES, AND URGENCY IN NEED TO FILL POSITION. THE BOARD HAS THE FINAL APPROVAL FOR ALL SALARIES WHICH ARE SUGGESTED BY THE PRINCIPAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

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