Civic Intelligence

Eagle Academy Inc Aka Eagle Academy Christian School

990 • Fiscal year 2024 • EIN 46-3145141

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 07, 2025

PO Box 2151Calumet City, IL 60409

(708) 418-3000

Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.02x

Higher debt load relative to revenue than 33% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

60th percentile

10%

Higher net margin than 60% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$66,346

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

60th percentile

8.0%

Faster asset growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-18%

Faster revenue growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,516,780

Up $112,035 (+8.0%) from 2023

Net Assets

Up

$1,495,560

Up $108,603 (+7.8%) from 2023

Liabilities

Up

$21,220

Up $3,432 (+19%) from 2023

Revenue

Down

$1,079,617

Down $236,650 (-18%) from 2023

Expenses

Down

$971,014

Down $78,985 (-7.5%) from 2023

Net Income

Down

$108,603

Down $157,665 (-59%) from 2023

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2015: $563,293Liabilities 2015: $632,816Net Assets 2015: -$69,5232015Assets 2016: $779,152Liabilities 2016: $883,729Net Assets 2016: -$104,5772016Assets 2017: $840,485Liabilities 2017: $899,616Net Assets 2017: -$59,1312017Assets 2018: $838,495Liabilities 2018: $863,649Net Assets 2018: -$25,1542018Assets 2019: $789,955Liabilities 2019: $785,141Net Assets 2019: $4,8142019Assets 2020: $812,287Liabilities 2020: $799,084Net Assets 2020: $13,2032020Assets 2021: $936,853Liabilities 2021: $797,611Net Assets 2021: $139,2422021Assets 2022: $1,125,003Liabilities 2022: $4,314Net Assets 2022: $1,120,6892022Assets 2023: $1,404,745Liabilities 2023: $17,788Net Assets 2023: $1,386,9572023Assets 2024: $1,516,780Liabilities 2024: $21,220Net Assets 2024: $1,495,5602024Assets 2025: $1,293,984Liabilities 2025: $16,847Net Assets 2025: $1,277,1372025

Highlighted filing

2024

Assets$1,516,780
Liabilities$21,220
Net Assets$1,495,560

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $68,063Expenses 2015: $108,299Net Income 2015: -$40,2362015Revenue 2016: $132,418Expenses 2016: $162,167Net Income 2016: -$29,7492016Revenue 2017: $398,217Expenses 2017: $337,374Net Income 2017: $60,8432017Revenue 2018: $621,464Expenses 2018: $587,487Net Income 2018: $33,9772018Revenue 2019: $584,953Expenses 2019: $554,985Net Income 2019: $29,9682019Revenue 2020: $670,892Expenses 2020: $662,503Net Income 2020: $8,3892020Revenue 2021: $796,804Expenses 2021: $670,765Net Income 2021: $126,0392021Revenue 2022: $1,041,963Expenses 2022: $767,237Net Income 2022: $274,7262022Revenue 2023: $1,316,267Expenses 2023: $1,049,999Net Income 2023: $266,2682023Revenue 2024: $1,079,617Expenses 2024: $971,014Net Income 2024: $108,6032024Revenue 2025: $735,187Expenses 2025: $953,610Net Income 2025: -$218,4232025

Highlighted filing

2024

Revenue$1,079,617
Expenses$971,014
Net Income$108,603
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,079,617
Mission and Program Overview

Mission

Eagle Academy Inc. prepares pre-K - 8th grade students in the surrounding communities to be innovative Christian scholars, exemplify excellance in Math, Language Arts & Reading, uphold strong discipline values and prepare students for college-preparatory high schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$831,910$836,060▲ $4,150
Cash and Non-Interest-Bearing Accounts$572,830$680,719▲ $107,889
Loans From Officers Directors$1,356$1,356→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,404,745$1,516,780▲ $112,035
Other Assets Total$5$1▼ $4
Liabilities
Other Liabilities$16,432$19,864▲ $3,432
Total Liabilities$17,788$21,220▲ $3,432
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,386,957$1,495,560▲ $108,603
Total Net Assets Fund Balance$1,386,957$1,495,560▲ $108,603
Total Liabilities and Net Assets / Fund Balance$1,404,745$1,516,780▲ $112,035

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$320,833$179,167$500,000
Other Land Buildings$254,461$186,279$440,740
Equipment$174,355$76,019$250,374
Leasehold Improvements$61,411$19,145$80,556
Land$25,000-$25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Medina S BaileyPresidentFT$66,346$66,346
Steven BaileyTreasurerFT$59,039$59,039

Board Members and Trustees

NameTitle
Katrina FosterBd. Asst. Chair
Sheila TaylorBoard Chairman
Yvonne BrownBoard Secretary
Timothy C ChappellBoard Treasurer
Betty EllisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$456,968
Program Service Revenue
$622,613
Investment Income
$36
Other Revenue
$0
All Other Contributions
$50,000
Change in Net Assets
$108,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$491,431
Salaries, Compensation, and Employee Benefits$479,583
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$299,237--$299,237
Current Officers, Directors, Trustees, and Key Employees$33,173$92,212-$125,385
All Other Expenses$36,523$55,485-$92,008
Depreciation Depletion-$76,709-$76,709
Payroll Taxes$25,463$6,973-$32,436
Occupancy-$24,900-$24,900
Other Employee Benefits$17,569$4,956-$22,525
Other Expenses$20,559$21,950-$20,559
Insurance-$16,545-$16,545
Advertising-$11,008-$11,008
Fees for Services Accounting-$6,311-$6,311
Total Functional Expenses$653,965$317,049$0$971,014
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,356$1,356→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries$13,090
Amount Due To NDLA, INC.$5,741
Accrued Payroll Taxes$1,033
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

Currently there aren't any committees formed that receives delegated authority from the board. All established committees are currently comprised of members of the board.

Form 990, Part VI, Section A, Line 2

Currently the President of the organization is the daughter of the organization's secretary. Also the President and the Treasurer of the organization are legally married.

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

Form 990 is reviewed by the President before being filed with the Internal Revenue Service.

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

Monthly meetings are held by the board of directors during which time any conflicts of interest are carefully monitored.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Eagle Academy Inc
EIN
46-3145141
Phone
7084183000
Address
PO Box 2151, Calumet City, IL 60409

Signing Officer

Name
Medina S Bailey
Title
President
Signed
2025-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Medina S Bailey
Formed
2013
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
4
Employees
16
Volunteers
4

Preparer

Firm
Tcc Accounting & Financial Svc
Address
837 E 162ND ST STE 2, SOUTH HOLLAND, IL 60473
Preparer
Timothy C Chappell
Phone
7083338525
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IRS990/ProgramServiceRevenueGrp/Desc0Food Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Fund Raising Revenue
IRS990/ProgramServiceRevenueGrp/Desc2Other Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Tuition Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037976
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16557
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25520
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3572560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037976
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16557
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3572560
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt036
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0480437
IRS990/PYProgramServiceRevenueAmt01296231
IRS990/PYRevenuesLessExpensesAmt0266268
IRS990/PYSalariesCompEmpBnftPaidAmt0569562
IRS990/PYTotalExpensesAmt01049999
IRS990/PYTotalRevenueAmt01316267
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0108603
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01079581
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0320833
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0179167
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0500000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0174355
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076019
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0250374
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061411
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt019145
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt080556
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0254461
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0186279
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0440740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25741
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Payroll Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Salaries
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Amount Due To NDLA, INC.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0836060
IRS990ScheduleD/TotalLiabilityAmt019864
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The organization receives tuition assistance from the State of Illinois and also from the Federal government and also assistance for food costs & other related items from the Healthy Start Food Program.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Currently there aren't any committees formed that receives delegated authority from the board. All established committees are currently comprised of members of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Currently the President of the organization is the daughter of the organization's secretary. Also the President and the Treasurer of the organization are legally married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is reviewed by the President before being filed with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Monthly meetings are held by the board of directors during which time any conflicts of interest are carefully monitored.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, policies and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 2
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
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0205696831
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Day Care & Learning Academy
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Nurturing DevelopmL & Learning Academy
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0525 Wentworth Avenue
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Calumet City
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd060409
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt05741
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Nurturing DevelopmL & Learning Academy
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0e
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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