Civic Intelligence

The Academy Group

990 • Fiscal year 2022 • EIN 84-1737086

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 25, 2024

200 W Madison St 3rd FloorChicago, IL 60606

(312) 964-0041

Siviq Scores

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

Liabilities / Assets

45th percentile

0.09x

Higher debt load relative to assets than 45% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

23rd percentile

0.04x

Higher debt load relative to revenue than 23% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

83rd percentile

36%

Higher net margin than 83% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

50th percentile

$122,456

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

99th percentile

906%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

9183%

Faster revenue growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$2,876,499

Flat from 2022

Net Assets

Flat

$2,610,606

Flat from 2022

Liabilities

Flat

$265,893

Flat from 2022

Revenue

Flat

$6,498,037

Flat from 2022

Expenses

Flat

$4,173,458

Flat from 2022

Net Income

Flat

$2,324,579

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$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 2022: $2,876,499Liabilities 2022: $265,893Net Assets 2022: $2,610,6062022Assets 2023: $534,354Liabilities 2023: $524,251Net Assets 2023: $10,1032023

Highlighted filing

2022

Assets$2,876,499
Liabilities$265,893
Net Assets$2,610,606

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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 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

2022

Revenue$6,498,037
Expenses$4,173,458
Net Income$2,324,579
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 25, 2024
Return Version
2021v4.2
Gross Receipts
$6,498,037
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$286,027$2,548,268▲ $2,262,241
Pledges and Grants Receivable-$200,000-
Prepaid Expenses and Deferred Charges-$124,723-
Land, Buildings, and Equipment, Net$0$3,508▲ $3,508
Total Assets$286,027$2,876,499▲ $2,590,472
Liabilities
Accounts Payable and Accrued Expenses-$265,893-
Total Liabilities$0$265,893▲ $265,893
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,827$2,407,406▲ $2,394,579
Net Assets With Donor Restrictions$273,200$203,200▼ $70,000
Total Net Assets Fund Balance$286,027$2,610,606▲ $2,324,579
Total Liabilities and Net Assets / Fund Balance$286,027$2,876,499▲ $2,590,472

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,508$1,221$4,729
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Greg JonesCEO Chicago AcademyFT$113,520$8,936$122,456
Ted ChristiansCEO AmplifyFT$86,905$6,090$92,995

Board Members and Trustees

NameTitle
Shayne EvansPresident
Chanel ConeyDirector
Dinorah LozanoDirector
Timothy KnowlesSecretary
Derrick RossTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,493,529
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,508
All Other Contributions
$6,493,529
Change in Net Assets
$2,324,579

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,498,037
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$691,843
Total Revenue per Audited Statements
$7,189,880
Total Revenue per Form 990
$6,498,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,140,548
Other Expenses$1,280,263
Grants and Similar Amounts Paid$752,647
Total Fundraising Expense$108,418
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$959,166$95,981$82,466$1,137,613
Grants to Domestic Individuals$752,647--$752,647
Current Officers, Directors, Trustees, and Key Employees$490,662--$490,662
Payroll Taxes$293,313$22,432$7,116$322,861
Travel$237,487--$237,487
Information Technology$69,989$138,490$203$208,682
Fees for Services Other$208,388--$208,388
Other Employee Benefits$125,681$13,489$9,475$148,645
Occupancy$136,640$5,616-$142,256
Office Expenses$68,781$27,512$8,759$105,052
Other Expenses$77,346--$77,346
Insurance-$54,554-$54,554
Fees for Services Accounting-$40,887-$40,887
Pension Plan Contributions$36,687$3,681$399$40,767
Fees for Services Legal-$11,780-$11,780
Depreciation Depletion-$1,221-$1,221
Total Functional Expenses$3,649,397$415,643$108,418$4,173,458

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,865,301
Expenses per Audited Statements$4,173,458
Total Expenses per Form 990$4,173,458
Expenses Not Reported on Form 990$691,843
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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

A draft copy of form 990 is prepared by an outside cpa firm and provided to management for review and approval. Once form 990 is finalized, a copy is distributed to all board members prior to filing with the irs.

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

All officers, directors and staff members receive the conflict of interest policy annually. They are required to review the policy and disclose any interests that could give rise to conflict.

Form 990, Part VI, Section B, Line 15A

Market analysis is done by hr which includes reviewing comparablity data. The analysis is shared with the board of directors and is documented in the minutes of the board of directors during an executive session.

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 W MADISON ST 3RD FLOOR, CHICAGO, IL 60606

Signing Officer

Name
Dr Greg Jones
Title
Executive Director
Phone
3129640041
Signed
2024-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shayne Evans
Formed
2019
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
31
Volunteers
5

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N CITYFRONT PLAZA DR SUITE 1600, CHICAGO, IL 60611
Preparer
Frank L Washelesky
Phone
3126707444
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the code) and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. In addition, the internal revenue service has determined that the organization is not a private foundation within the meaning of section 509(a) of the code. The organization has adopted the requirements for accounting for uncertain tax positions and management has determined that the organization was not required to record a liability related to uncertain tax positions as of june 30, 2022. The organization is no longer subject to examination by the internal revenue service for years prior to 2019.

Raw XML AppendixShowing 400 of 406 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0265893
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FUELED 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.
IRS990/AllOtherContributionsAmt06493529
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER WANDER
IRS990/BooksInCareOfDetail/PhoneNum03129640041
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 W MADISON ST 3RD FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0286027
IRS990/CashNonInterestBearingGrp/EOYAmt02548268
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0490662
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0490662
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06493529
IRS990/CYGrantsAndSimilarPaidAmt0752647
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01280263
IRS990/CYOtherRevenueAmt04508
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02324579
IRS990/CYSalariesCompEmpBnftPaidAmt02140548
IRS990/CYTotalExpensesAmt04173458
IRS990/CYTotalFundraisingExpenseAmt0108418
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06498037
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01221
IRS990/DepreciationDepletionGrp/TotalAmt01221
IRS990/Desc0THE ACADEMY CHICAGO (ACADEMY) WORKS WITH FAMILIES FROM 65+ SCHOOLS ACROSS CHICAGO, INCLUDING NEIGHBORHOOD, MAGNET, CHARTER, AND SELECTIVE INSTITUTIONS. 95% OF THE STUDENTS WE SERVE ARE BLACK AND BROWN AND WE WILL CONTINUE TO EXPAND OUR REACH TO SUPPORT YOUNG PEOPLE FROM CHICAGO'S MOST RESILIENT COMMUNITIES. IN ADDITION, WE SERVE YOUNG ADULTS WHO ATTEND A BROAD RANGE OF COLLEGES AND UNIVERSITIES.OVER A FOURTEEN-YEAR JOURNEY, THE ACADEMY GUIDES STUDENTS THROUGH INTENSE INTERDISCIPLINARY EXPLORATION OF BUSINESS, JUSTICE, WEALTH CREATION, AND LEADERSHIP. PROGRAMMING AT THE ACADEMY IS RIGOROUS, PERSONALIZED, AND CUMULATIVE. WE REINFORCE CORE SKILLS THAT ACCELERATE ACADEMIC PROGRESS, PUTTING STUDENTS ON TRACK TO REACH AMBITIOUS EDUCATIONAL AND CAREER MILESTONES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0273200
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0203200
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt031
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02951030
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt040887
IRS990/FeesForServicesAccountingGrp/TotalAmt040887
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt011780
IRS990/FeesForServicesLegalGrp/TotalAmt011780
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0208388
IRS990/FeesForServicesOtherGrp/TotalAmt0208388
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt08936
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16090
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DR GREG JONES
IRS990/Form990PartVIISectionAGrp/PersonNm1TED CHRISTIANS
IRS990/Form990PartVIISectionAGrp/PersonNm2SHAYNE EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm3TIMOTHY KNOWLES
IRS990/Form990PartVIISectionAGrp/PersonNm4DERRICK ROSS
IRS990/Form990PartVIISectionAGrp/PersonNm5CHANEL CONEY
IRS990/Form990PartVIISectionAGrp/PersonNm6DINORAH LOZANO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0113520
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt186905
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO CHICAGO ACADEMY
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO AMPLIFY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0675723
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0752647
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0752647
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06498037
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0203
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0138490
IRS990/InformationTechnologyGrp/ProgramServicesAmt069989
IRS990/InformationTechnologyGrp/TotalAmt0208682
IRS990/InsuranceGrp/ManagementAndGeneralAmt054554
IRS990/InsuranceGrp/TotalAmt054554
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01221
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03508
IRS990/LandBldgEquipCostOrOtherBssAmt04729
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FUELED 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0286027
IRS990/NetAssetsOrFundBalancesEOYAmt02610606
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012827
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02407406
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05616
IRS990/OccupancyGrp/ProgramServicesAmt0136640
IRS990/OccupancyGrp/TotalAmt0142256
IRS990/OfficeExpensesGrp/FundraisingAmt08759
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027512
IRS990/OfficeExpensesGrp/ProgramServicesAmt068781
IRS990/OfficeExpensesGrp/TotalAmt0105052
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09475
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013489
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0125681
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0148645
IRS990/OtherExpensesGrp/Desc0PRIVATE ENRICHMENT
IRS990/OtherExpensesGrp/Desc1TUTORING
IRS990/OtherExpensesGrp/Desc2GUIDANCE/COLLEGE PREP
IRS990/OtherExpensesGrp/ProgramServicesAmt0114390
IRS990/OtherExpensesGrp/ProgramServicesAmt178220
IRS990/OtherExpensesGrp/ProgramServicesAmt277346
IRS990/OtherExpensesGrp/TotalAmt0114390
IRS990/OtherExpensesGrp/TotalAmt178220
IRS990/OtherExpensesGrp/TotalAmt277346
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt04508
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04508
IRS990/OtherRevenueTotalAmt04508
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt082466
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt095981
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0959166
IRS990/OtherSalariesAndWagesGrp/TotalAmt01137613
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07116
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022432
IRS990/PayrollTaxesGrp/ProgramServicesAmt0293313
IRS990/PayrollTaxesGrp/TotalAmt0322861
IRS990/PensionPlanContributionsGrp/FundraisingAmt0399
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03681
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036687
IRS990/PensionPlanContributionsGrp/TotalAmt040767
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0200000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0124723
IRS990/PrincipalOfficerNm0SHAYNE EVANS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE AMPLIFY CHICAGO (AMPLIFY) PROGRAM IS A WEALTH-BUILDING PATHWAY INTEGRATING CAREER, LEADERSHIP, AND ENTREPRENEURSHIP FOR 20 TO 26- YEAR-OLD YOUNG MEN AND WOMEN FROM UNDERSERVED COMMUNITIES THAT HAVE BEEN DISPROPORTIONATELY IMPACTED BY VIOLENCE, CRIMINAL ACTIVITY, ECONOMIC DISRUPTION, AND EDUCATIONAL DISINVESTMENT.AMPLIFY'S HOLISTIC APPROACH TO CLOSING THE OPPORTUNITY GAP IS GROUNDED IN TRANSFORMATIVE RELATIONSHIPS AND DESIGNED TO ACCELERATE BUSINESS, ACADEMIC, SOCIAL, AND EMOTIONAL GROWTH. THROUGH THE INTENSIVE INTERNSHIP AND APPRENTICESHIP MODEL, PARTICIPANTS EARN INDUSTRY CREDENTIALS, BUILD INVESTMENT PORTFOLIOS, ADDRESS TRAUMA, SET PERSONAL AND PROFESSIONAL GOALS, AND TRANSITION INTO CAREER AND ENTREPRENEURIAL PATHWAYS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0698367
IRS990/ProgSrvcAccomActy2Grp/GrantAmt076924
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02324579
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE 2018 COLUMN OF SCHEDULE A, PART II REPRESENTS THE INITIAL SHORT-YEAR PERIOD FROM MAY 8, 2019 - DECEMBER 31, 2019. THE 2019 COLUMN OF SCHEDULE A, PART II REPRESENTS THE CALENDAR TAX YEAR FROM JANUARY 1, 2020 - DECEMBER 31, 2020. THE 2020 COLUMN OF SCHEDULE A, PART II REPRESENTS THE SHORT-YEAR PERIOD FROM JANUARY 1, 2021 - JUNE 30, 2021.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, SECTION A:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06493529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt070000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0214827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06782856
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04508
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04508
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0503571
IRS990ScheduleA/SubstantialContributorsTotAmt06279285
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06493529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0214827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06782856
IRS990ScheduleA/TotalSupportAmt06787364
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/DonatedServicesAndUseFcltsAmt0691843
IRS990ScheduleD/DonatedServicesUseFcltsAmt0691843
IRS990ScheduleD/EquipmentGrp/BookValueAmt03508
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01221
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04729
IRS990ScheduleD/ExpensesNotReportedAmt0691843
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04173458
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0691843
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06498037
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE ORGANIZATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03508
IRS990ScheduleD/TotalExpensesPerForm990Amt04173458
IRS990ScheduleD/TotalRevenuePerForm990Amt06498037
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07189880
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04865301
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0674804
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt177843
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS & STIPENDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1INTERNSHIP STIPENDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0236
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt130
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND PROVIDED TO MANAGEMENT FOR REVIEW AND APPROVAL. ONCE FORM 990 IS FINALIZED, A COPY IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OFFICERS, DIRECTORS AND STAFF MEMBERS RECEIVE THE CONFLICT OF INTEREST POLICY ANNUALLY. THEY ARE REQUIRED TO REVIEW THE POLICY AND DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MARKET ANALYSIS IS DONE BY HR WHICH INCLUDES REVIEWING COMPARABLITY DATA. THE ANALYSIS IS SHARED WITH THE BOARD OF DIRECTORS AND IS DOCUMENTED IN THE MINUTES OF THE BOARD OF DIRECTORS DURING AN EXECUTIVE SESSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0286027
IRS990/TotalAssetsEOYAmt02876499
IRS990/TotalAssetsGrp/BOYAmt0286027
IRS990/TotalAssetsGrp/EOYAmt02876499
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06493529
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0108418
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0415643
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03649397
IRS990/TotalFunctionalExpensesGrp/TotalAmt04173458
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0265893
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0265893
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0286027
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02610606
IRS990/TotalOtherCompensationAmt015026
IRS990/TotalProgramServiceExpensesAmt03649397
IRS990/TotalReportableCompFromOrgAmt0200425
IRS990/TotalRevenueGrp/ExclusionAmt04508
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06498037
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0286027
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02876499
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0237487
IRS990/TravelGrp/TotalAmt0237487
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 W MADISON ST 3RD FLOOR
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060606
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.THEACADEMYGROUP.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR GREG JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03129640041
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ACADEMY GROUP
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0841737086
ReturnHeader/Filer/PhoneNum03129640041
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 W MADISON ST 3RD FLOOR
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060606
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362938874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OSTROW REISIN BERK & ABRAMS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 N CITYFRONT PLAZA DR SUITE 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03126707444
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK L WASHELESKY
ReturnHeader/ReturnTs02024-01-25T13:34:05-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings