Civic Intelligence

Directors Academy Inc.

990EZ • Fiscal year 2016 • EIN 81-3228776

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

154 S Park AvenueHinsdale, IL 60521

(312) 576-8151

Siviq Scores

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

Liabilities / Assets

58th percentile

0.01x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

94th percentile

59%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$89,739

No earlier filing loaded for comparison.

Net Assets

$89,283

No earlier filing loaded for comparison.

Liabilities

$456

No earlier filing loaded for comparison.

Revenue

$152,604

No earlier filing loaded for comparison.

Expenses

$63,321

No earlier filing loaded for comparison.

Net Income

$89,283

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $89,739Liabilities 2016: $456Net Assets 2016: $89,2832016Assets 2017: $88,418Liabilities 2017: $456Net Assets 2017: $87,9622017Assets 2018: $115,941Liabilities 2018: $49Net Assets 2018: $115,8922018Assets 2019: $48,618Liabilities 2019: $3,660Net Assets 2019: $44,9582019Assets 2020: $42,819Liabilities 2020: $868Net Assets 2020: $41,9512020Assets 2021: $276,872Liabilities 2021: $1,182Net Assets 2021: $275,6902021Assets 2022: $498,293Liabilities 2022: $15,119Net Assets 2022: $483,1742022Assets 2023: $739,027Liabilities 2023: $735Net Assets 2023: $738,2922023Assets 2024: $690,042Liabilities 2024: $979Net Assets 2024: $689,0632024

Highlighted filing

2016

Assets$89,739
Liabilities$456
Net Assets$89,283

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $152,604Expenses 2016: $63,321Net Income 2016: $89,2832016Revenue 2017: $123,641Expenses 2017: $124,962Net Income 2017: -$1,3212017Revenue 2018: $198,797Expenses 2018: $170,867Net Income 2018: $27,9302018Revenue 2019: $83,292Expenses 2019: $154,226Net Income 2019: -$70,9342019Revenue 2020: $31,828Expenses 2020: $36,496Net Income 2020: -$4,6682020Revenue 2021: $284,870Expenses 2021: $51,131Net Income 2021: $233,7392021Revenue 2022: $328,652Expenses 2022: $121,168Net Income 2022: $207,4842022Revenue 2023: $377,142Expenses 2023: $122,024Net Income 2023: $255,1182023Revenue 2024: $55,482Expenses 2024: $104,711Net Income 2024: -$49,2292024

Highlighted filing

2016

Revenue$152,604
Expenses$63,321
Net Income$89,283
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.1
Gross Receipts
$152,604
Mission and Program Overview

Mission

Our purpose is to identify, develop and advance the next generation of diverse board members and future board leaders.

Program Services

DescriptionGrantsExpenses
NEXTGEN DIRECTOR PROGRAM The Academy provides corporate governance education and training for future corporate board members from diverse backgrounds who are underrepresented on boards of directors via a NextGen Director program to better prepare themselves for their first corporate board experience. The program is practitioner led with a faculty of 15-20 experienced board leaders from a wide variety of public and private companies. The two day program covers a full range of corporate director duties and responsibilities, the work of the full board and each board committee, interactive board cases and governance best practice exchange. In addition, the class participants refine their board value propositions and meet with board leaders to broaden their network and sharpen their ability to connect with key decision makers. As part of the program, each class member is provided an Opportunity to build relationships with existing board leaders and further refine their specific board intere-$38,005
Board Leaders Program The Board Leaders program is designed to accelerate the advancement of diverse directors into board leadership roles. The program will be comprised of current diverse board members who aspire to become future board committee chairs, lead directors and chairman of the board. Each class curriculum includes exposure to a comprehensive board leadership model that includes key structural, operational and cultural drivers of board performance - for the full board and each committee. The curriculum incorporates a strong shareholder-centric focus and the benefits of a purpose-driven business model. The program will be led by a group of current public and private company board leaders with significant corporate governance experience. Over time, the Board Leaders program will betome integrated with the NextGen Directors program to provide a seamless development process for future diverse board members. members.--
Corporate Governance Research The Academy conducts corporate governance best practice benchmarking and other research initiatives for a variety of board types and industry sectors. The research efforts are designed to enhance board performance and overall enterprise value creation capture.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James D WhiteChairman, Secretary-$0--
Keith MeyerPresident, Treasurer, DirectorFT$0--
Niko CannerDirector-$0--
Robert DeignanDirector-$0--
Robert GlauberDirector-$0--
Heather HilesDirector-$0--
Kathryn MarinelloDirector-$0--
Chitra NawbattDirector-$0--
James NevelsDirector-$0--
Paul WilliamsDirector-$0--
Heather WolfDirector-$0--
Filing and Contact Details

Filer

Filer Name
Directors Academy Inc
EIN
81-3228776
In Care Of
% TOPEL FORMAN LLC
Phone
3125768151
Address
154 S PARK AVENUE, HINSDALE, IL 60521

Signing Officer

Name
Keith Meyer
Title
President
Phone
3125768151
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Topel Forman LLC
Address
500 NORTH MICHIGAN AVE SUITE 1700, CHICAGO, IL 60611
Preparer
Pamela A Wayer
Phone
3126420006
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

Description:BUSINESS REGISTRATION FEES Amount:900

Form 990EZ Part I Line 16

Description:OUTSIDE CONTRACT SERVICES Amount:10350

Form 990EZ Part I Line 16

Description:DUES AND SUBCRIPTIONS Amount:500

Form 990EZ Part I Line 16

Description:PROMOTIONAL SUPPLIES Amount:850

Form 990EZ Part I Line 16

Description:COMPUTER AND INTERNET Amount:1507

Form 990EZ Part II Line 24

Description:DUE FROM KBM EOY Amount:512

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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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Board Leaders Program The Board Leaders program is designed to accelerate the advancement of diverse directors into board leadership roles. The program will be comprised of current diverse board members who aspire to become future board committee chairs, lead directors and chairman of the board. Each class curriculum includes exposure to a comprehensive board leadership model that includes key structural, operational and cultural drivers of board performance - for the full board and each committee. The curriculum incorporates a strong shareholder-centric focus and the benefits of a purpose-driven business model. The program will be led by a group of current public and private company board leaders with significant corporate governance experience. Over time, the Board Leaders program will betome integrated with the NextGen Directors program to provide a seamless development process for future diverse board members. members.
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