Embers Academy
- Assets
- $1.3m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 37
- Location
- Niles, IL
- Founding
- 06/1997
- Data as of
- 06/2021
- EIN
- 36-4006154
Organization Overview
Embers Academy is located in Niles, IL. The organization was established in 1997. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Embers Academy employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Embers Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Embers Academy generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE EMBERS ACADEMY IS AN INDEPENDENT SCHOOL THAT TEACHES CHILDREN FROM GRADES PRE-K THROUGH 5. THERE WERE APPROXIMATELY 180 STUDENTS WHO ATTENDED THE EMBERS ACADEMY DURING THE FISCAL YEAR ENDING JUNE 30, 2021.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EMBERS ACADEMY IS AN INDEPENDENT SCHOOL THAT TEACHES CHILDREN FROM GRADES PRE-K THROUGH 5. THERE WERE APPROXIMATELY 180 STUDENTS WHO ATTENDED THE EMBERS ACADEMY DURING THE FISCAL YEAR ENDING JUNE 30, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Hanretty Headmaster | Officer | 40 | $44,384 |
Tom Carter President/secretary | Trustee | 0 | $0 |
Jason Elder Director | Trustee | 0 | $0 |
James Paschall Director | Trustee | 0 | $0 |
Sam Carter Director | Trustee | 0 | $0 |
Peter Spingola Secretary | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $550,330 |
| Investment income | $1,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,696,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $767,350 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $112,721 |
| Payroll taxes | $63,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,589 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,932 |
| Advertising and promotion | $2,611 |
| Office expenses | $20,167 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,526 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,591 |
| All other expenses | $0 |
| Total functional expenses | $1,432,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $382,272 |
| Savings and temporary cash investments | $923,814 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,424 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,417 |
| Total assets | $1,331,927 |
| Accounts payable and accrued expenses | $1,316 |
| Grants payable | $0 |
| Deferred revenue | $88,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,816 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,242,111 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Embers Academy has recieved totaling $70,309.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $65,000 |
The Simms Family Foundation Walworth, WI PURPOSE: CHARITABLE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $309 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bernard Zell Anshe Emet Day School Chicago, IL | $69,026,609 | $20,320,544 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |
Academy Of Basic Education Inc Brookfield, WI | $40,498,539 | $16,384,035 |
Summit Christian Academy Lees Summit, MO | $26,556,183 | $15,642,141 |
Orchard School Foundation Inc Indianapolis, IN | $60,553,415 | $15,394,463 |
Oaks Academy Inc Indianapolis, IN | $7,476,421 | $17,454,996 |
Near North Montessori School Chicago, IL | $38,573,944 | $16,517,378 |
Madison Country Day School Inc Waunakee, WI | $14,581,268 | $10,698,482 |
Bsds Inc Kansas City, MO | $14,798,906 | $10,020,061 |
Community School Association Saint Louis, MO | $35,306,826 | $7,869,470 |
Morgan Park Academy Chicago, IL | $7,353,923 | $9,629,614 |
Elgin Academy Elgin, IL | $16,000,808 | $8,213,882 |