Civic Intelligence

The Academy Group

EIN 84-1737086 • 501(c)3 • Chicago, IL

Profile

Fueled by the belief that talent is ubiquitous, the academy group unlocks opportunity for young people from the nation's most resilient communities to realize their full potential as economic, educational, and social change agents.

200 West Madison St 3rd FloorChicago, IL 60606

www.theacademygroup.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.27x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

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

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

81st percentile

$333,414

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

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

Asset Growth

99th percentile

245%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

94th percentile

152%

Faster revenue growth than 94% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$534,354

Down $2,342,145 (-81%) from 2022

Liabilities

Up

$524,251

Up $258,358 (+97%) from 2022

Net Assets

Down

$10,103

Down $2,600,503 (-100%) from 2022

Operations
Liabilities / Revenue20th percentileNet Margin66th percentile

Revenue

Down

$4,192,008

Down $2,306,029 (-35%) from 2022

Expenses

Up

$6,792,511

Up $2,619,053 (+63%) from 2022

Net Income

Down

-$2,600,503

Down $4,925,082 (-212%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$3.0M$2.0M$1.0M$0Assets 2020: $218,027Liabilities 2020: $0Net Assets 2020: $218,0272020Assets 2021: $286,027Liabilities 2021: $02021Assets 2022: $2,876,499Liabilities 2022: $265,893Net Assets 2022: $2,610,6062022Assets 2023: $534,354Liabilities 2023: $524,251Net Assets 2023: $10,1032023

Highlighted filing

2023

Assets$534,354
Liabilities$524,251
Net Assets$10,103
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

$10M$5.0M$0-$5.0MRevenue 2020: $214,827Expenses 2020: $1,300Net Income 2020: $213,5272020Revenue 2021: $70,000Expenses 2021: $2,000Net Income 2021: $68,0002021Revenue 2022: $6,498,037Expenses 2022: $4,173,458Net Income 2022: $2,324,5792022Revenue 2023: $4,192,008Expenses 2023: $6,792,511Net Income 2023: -$2,600,5032023

Highlighted filing

2023

Revenue$4,192,008
Expenses$6,792,511
Net Income-$2,600,503
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$534,354
Liabilities
$524,251
Net assets
$10,103
Revenue
$4,192,008
Expenses
$6,792,511
Net income
-$2,600,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.53$0.52$0.01$4.19$6.79$2.60
2022Summary only. Only limited summary data is available for this year.$2.88$0.27$2.61$6.50$4.17$2.32
2021Summary only. Only limited summary data is available for this year.$0.29$0.00$0.07$0.00$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.21$0.00$0.21
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 18, 2023
Return Version
2020v4.2
Gross Receipts
$214,827
Mission and Program Overview

Mission

Fueled by the belief that talent is ubiquitous, the academy group unlocks opportunity for young people from the nation's most resilient communities to realize their full potential as economic, educational, and social change agents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,500$218,027▲ $213,527
Total Assets$4,500$218,027▲ $213,527
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,500$203,200▲ $198,700
Net Assets Without Donor Restrictions$0$14,827▲ $14,827
Total Net Assets Fund Balance$4,500$218,027▲ $213,527
Total Liabilities and Net Assets / Fund Balance$4,500$218,027▲ $213,527
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Shayne EvansDirector
Sundeep ViraDirector
Timothy KnowlesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$214,827
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$204,827
Change in Net Assets
$213,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,300
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,300--$1,300
Total Functional Expenses$1,300$0$0$1,300
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 B, Line 11B

“Form 990 was provided to all members of governance for their review prior to filing.”

Form 990, Part VI, Section B, Line 15

“NO COMPENSATION PAID”

Form 990, Part VI, Section C, Line 19

“Documents available upon request.”

Filing and Contact Details

Filer

Filer Name
The Academy Group
EIN
84-1737086
Phone
3129640041
Address
200 WEST MADISON ST 3RD FLOOR, CHICAGO, IL 60606

Signing Officer

Name
Shayne Evans
Title
Director
Phone
3129640041
Signed
2023-05-18

Organization Details

Principal Officer
Shayne Evans
Formed
2019
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3
Raw XML Appendix266 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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