NonprofitsElgin Academy

Education

Elgin Academy

ELGIN, IL

Total revenue

$5.7M

Total expenses

$8.6M

Net assets

$7.4M

Grants received

$7.8M

47 grants

EIN

362205984

Tax year

2023

Mission

School committed to academic excellence and developing the full potential of each of its students

Financials

FY 2023

Revenue

Contributions & grants$346K
Program service revenue$5.2M
Investment income$180K
Other revenue$8K
Total revenue$5.7M

Expenses

Grants paid$1.9M
Salaries & benefits$4.2M
Fundraising$228K
Other expenses$2.5M
Total expenses$8.6M
Total assets$10.9M
Net assets$7.4M

People

17 listed

NameRoleCompensation

SETH HANFORD

HEAD OF SCHOOL

Board

$114K

40 hrs/wk

SANDY KIRK

TRUSTEE

Board

1 hrs/wk

ALAN SCIMECA

CHAIRMAN

Board

1 hrs/wk

KEITH RAUSCHENBERGER

TRUSTEE

Board

1 hrs/wk

JOHN YAVARI

TRUSTEE

Board

1 hrs/wk

RHONDA DWYER

SECRETARY

Board

1 hrs/wk

MIKE WARREN

VICE CHAIR

Board

1 hrs/wk

JAY WITTMEYER

TRUSTEE

Board

1 hrs/wk

DAVID HUANG

TRUSTEE

Board

1 hrs/wk

COLETTE LANTON

TRUSTEE

Board

1 hrs/wk

PRAVEEN MEDIKUNDAM

TRUSTEE

Board

1 hrs/wk

RACHEL ZONTS

TRUSTEE

Board

1 hrs/wk

WILLIAM PADULA

TREASURER

Board

1 hrs/wk

DANIELLE SMILEY

TRUSTEE

Board

1 hrs/wk

LAURA ANDERSON

TRUSTEE

Board

1 hrs/wk

DOUGLAS SEPT

ASSISTANT HEAD OF SCHOOL

Staff

$145K

40 hrs/wk

PAUL DRUZINSKY

INTERIM HEAD OF SCHOOL

Staff

$121K

40 hrs/wk

Grants received

Showing 47 of 47

FromAmountPurposeYear
$122K
ALL REVENUE EARNED BY ELGIN ACADEMY FOUNDATION (THE FOUNDATION) IS GRANTED TO ELGIN ACADEMY SINCE ALL FUNDS HELD BY THE FOUNDATION ARE FOR THE BENEFICIAL INTEREST OF ELGIN ACADEMY.
2023
$10K
Unrestricted
2023
$2K
GENERAL SUPPORT
2023
$247K
ALL REVENUE EARNED BY ELGIN ACADEMY FOUNDATION (THE FOUNDATION) IS GRANTED TO ELGIN ACADEMY SINCE ALL FUNDS HELD BY THE FOUNDATION ARE FOR THE BENEFICIAL INTEREST OF ELGIN ACADEMY.
2022
$25K
FOR UNRESTRICTED SUPPORT OF THE ALUMNI ANNUAL FUND
2022
$10K
Unrestricted
2022
$5K
UnrestrictedGeneral Support
2022
$1K
GENERAL SUPPORT
2022
$25K
FOR UNRESTRICTED SUPPORT OF THE ALUMNI ANNUAL FUND
2021
$10K
UNRESTRICTED
2021
$5K
UnrestrictedGeneral Support
2021
$500
GENERAL FUNDS
2021
$988K
SEE NOTE
2020
$120K
DONATION
2020
$20K
Unrestricted and for support of the Alumni Annual Fund
2020
$8K
For grant recipient's exempt purposes
2020
$7K
MATCHING GIFTS
2020
$5K
SCHOLARSHIPS
2020
$5K
UnrestrictedGeneral Support
2020
$5K
UnrestrictedGeneral Support
2020
$2K
GENERAL SUPPORT
2020
$2K
UNRESTRICTED
2020
$425
GENERAL FUNDS
2020
$350
MIP PAYOUT FOR 03/10/20
2020
$200K
SEE NOTE
2019
$20K
Of this amount, $15,000 is earmarked for support of the Alumni Annual Fund and $5,000 is directed for support of the Partners in Education Scholarship Fund
2019
$6K
For grant recipient's exempt purposes
2019
$21K
For grant recipient's exempt purposes
2018
$8K
SUPPORT SCHOLARSHIP PROGRAM
2018
$628K
SEE NOTE
2017
$10K
Of this amount $5000 is earmarked for support of the Partners in Education Scholarship Fund and $5000 for general support of the Alumni Annual Fund
2017
$8K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$7.8M from 19 funders · 47 grants · 2017–2023

Mulford Square Preservation Corp

$5.3M · 4 grants · 2019–2023

Elgin Academy Foundation

$2.2M · 5 grants · 2017–2023

Efs Foundation

$128K · 2 grants · 2018–2020

Lloyd A Fry Foundation

$100K · 5 grants · 2017–2022

Fidelity Investments Charitable Gift Fund

$42K · 4 grants · 2017–2020

Donor Advised Charitable Giving Inc

$40K · 3 grants · 2020–2022

Hamill Family Foundation

$20K · 2 grants · 2022–2023

The Corwith Fund

$20K · 4 grants · 2020–2022

Details

EIN362205984
NTEE codeB24Z
Subsection03
Ruling date1941-07
Formed1957
Employees100
Volunteers100
ELGIN ACADEMY — Mission, Financials & Grants Received | Grantivo