The Bancroft School
- Assets
- $724.7k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 56
- Location
- Elgin, IL
- Founding
- 04/2001
- Data as of
- 06/2022
- EIN
- 36-4406348
Organization Overview
The Bancroft School is located in Elgin, IL. The organization was established in 2001. According to its NTEE Classification (H84) the organization is classified as: Autism Research, under the broad grouping of Medical Research and related organizations. As of 06/2022, Bancroft School employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bancroft School 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 06/2022, Bancroft School generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES SERVICES FOR CHILDREN WITH AUTISM SPECTRUM DISORDER, PDD-NOS, EMOTIONAL/BEHAVIORAL DISORDERS, SPECIFIC LEARNING DISABILITIES, DEVELOPMENTAL DISABILITIES AND OTHER HEALTH IMPAIRMENTS. ADDITIONALLY SERVE THE PARENTS OF STUDENTS THROUGH EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESEARCH DEMONSTRATING THE EFFECTIVENESS OF APPLIED BEHAVIOR ANALYSIS IN THE TREATMENT OF CHILDREN WITH AUTISM OR PDD THROUGH A COMPREHENSIVE EDUCATIONAL PROGRAM THAT DEVELOPS SKILLS CRITICAL TO DEVELOPMENTAL AND EDUCATIONAL GROWTH AND THAT PROVIDES THESE CHILDREN THE OPPORTUNITY TO BE MAINSTREAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Val Belmonte President, CEO & Secretary | OfficerTrustee | 40 | $212,472 |
Brian Ozog Chief Operating Officer | 40 | $105,412 | |
Ross Biank Chairman | OfficerTrustee | 1 | $0 |
Kevin Dulin Treasurer | OfficerTrustee | 1 | $0 |
Gloria Harper Vice Chairman | OfficerTrustee | 1 | $0 |
Steve Tober Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $950 |
| Total Program Service Revenue | $2,749,904 |
| Investment income | $43 |
| 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 | $2,751,627 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $220,740 |
| Compensation of current officers, directors, key employees. | $110,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,491,172 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $137,216 |
| Payroll taxes | $130,419 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,190 |
| Fees for services: Accounting | $31,262 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,180 |
| Advertising and promotion | $0 |
| Office expenses | $55,386 |
| Information technology | $8,291 |
| Royalties | $0 |
| Occupancy | $489,600 |
| Travel | $908 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,239 |
| Interest | $70 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,638 |
| Insurance | $40,577 |
| All other expenses | $0 |
| Total functional expenses | $2,813,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,164 |
| Savings and temporary cash investments | $215,279 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,620 |
| 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 | $59,619 |
| Net Land, buildings, and equipment | $21,003 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $724,685 |
| Accounts payable and accrued expenses | $100,816 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $100,816 |
| Net assets without donor restrictions | $623,869 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $724,685 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Bancroft School has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arbor Research Collaborative For Health Ann Arbor, MI | $23,346,603 | $18,357,581 |
Institute For Humane Studies Arlington, VA | $19,221,469 | $20,882,389 |
American Diabetes Association Arlington, VA | $0 | $9,794,159 |
Morgridge Institute Foundation Inc Madison, WI | $491,309,219 | $74,942,129 |
Medical Device Innovation Consortium Arlington, VA | $8,765,414 | $16,908,156 |
American Institute For Cancer Research Arlington, VA | $18,214,497 | $14,242,691 |
Centralwest Healthcare Inc Saint Louis, MO | $11,731,408 | $18,084,103 |
Usona Institute Inc Madison, WI | $38,737,266 | $18,840,870 |
Lungevity Foundation Chicago, IL | $12,082,053 | $14,543,433 |
Memphis Bioworks Foundation Memphis, TN | $6,047,652 | $238,794 |
Minneapolis Heart Institute Foundation Minneapolis, MN | $51,520,170 | $19,174,876 |
Regenstrief Foundation Inc Indianapolis, IN | $0 | $6,850,830 |