NonprofitsAltus Academy

Altus Academy

CHICAGO, IL

Total revenue

$528K

Total expenses

$832K

Net assets

$717K

Grants received

$1.7M

35 grants

EIN

274259966

Tax year

2023

Mission

The mission of altus academy (the academy) is to develop students with the strength of character and academic preparation to succeed in college preparatory high schools, college, and beyond. The academy is a private, independent, not-for-profit elementary school that provides a high quality college preparatory education for its students in grades one through eight.

Financials

FY 2023

Revenue

Contributions & grants$540K
Program service revenue$3K
Investment income$190
Other revenue
Total revenue$528K

Expenses

Grants paid
Salaries & benefits$589K
Fundraising$77K
Other expenses$243K
Total expenses$832K
Total assets$798K
Net assets$717K

People

9 listed

NameRoleCompensation

ALFREDO VILLEGAS

PRINCIPAL

Board

$72K

40 hrs/wk

JOHN P HEYBACH

PRESIDENT & FOUNDER, SECRE

Board

$31K

40 hrs/wk

MICHELENE BAJAKIAN

DIRECTOR

Board

1 hrs/wk

LISA FREEMAN

DIRECTOR

Board

1 hrs/wk

AL KAGAN

DIRECTOR

Board

1 hrs/wk

HERON E RODRIGUEZ

DIRECTOR

Board

1 hrs/wk

SEAN HALEY

CHAIR OF THE BOARD

Board

2 hrs/wk

FEDERICO SCIAMMARELLA

DIRECTOR

Board

1 hrs/wk

THOMAS J DEE

TREASURER

Board

2 hrs/wk

Grants received

Showing 35 of 35

FromAmountPurposeYear
$150K
GENERAL CHARITABLE PURPOSES
2023
$25K
UNRESTRICTED GENERAL SUPPORT
2023
$13K
Support of charitable mission
2023
$500
CHARITABLE
2023
$200
FOR STUDENT TUITION
2023
$250K
SUPPORT BEST IN CLASS EDUCATION PROVIDERS
2022
$250K
SUPPORT BEST IN CLASS EDUCATION PROVIDERS
2022
$150K
GENERAL CHARITABLE PURPOSES
2022
$10K
TO FURTHER PROGRAM SERVICES
2022
$698
DONATION OF SUPPLIES AND EDUCATIONAL ITEMS TO SUPPORT TEACHERS
2022
$200
FOR STUDENT TUITION
2022
$100K
GENERAL CHARITABLE PURPOSES
2021
$50K
TO FURTHER PROGRAM SERVICES
2021
$20K
General Support
2021
$1K
ALTUS ACADEMY SCHOLARSHIP CAMPAIGN
2021
$100K
GENERAL CHARITABLE PURPOSES
2020
$12K
Exempt Purpose of Organization - Student Sponsorship
2020
$6K
DONATION OF SCHOOL SUPPLIES & OTHER EDUCATIONAL ITEMS
2020
$1K
SUPPORT FOR EDUCATION
2020
$660
GENERAL PURPOSE
2020
$200K
GENERAL CHARITABLE PURPOSES
2019
$45K
UNRESTRICTED GENERAL SUPPORT
2019
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.7M from 17 funders · 35 grants · 2017–2024

Foglia Family Foundation

$700K · 5 grants · 2019–2023

The Center For Education Reform

$500K · 2 grants · 2022

Donor Advised Charitable Giving Inc

$143K · 7 grants · 2017–2023

Morgan Stanley Global Impact Funding Trust Inc

$70K · 2 grants · 2019–2023

Chauncey And Marion D Mccormick

$70K · 1 grant · 2024

The Canning Foundation

$60K · 2 grants · 2021–2022

National Philanthropic Trust

$40K · 1 grant · 2023

The Tony Reyes Family Foundation

$36K · 3 grants · 2021–2023

Details

EIN274259966
Subsection03
Ruling date2012-08
Formed2010
Employees18
Volunteers75
ALTUS ACADEMY — Mission, Financials & Grants Received | Grantivo