Lincoln Academy Of Illinois

Organization Overview

Lincoln Academy Of Illinois is located in Springfield, IL. The organization was established in 1965. As of 12/2021, Lincoln Academy Of Illinois employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Academy Of Illinois 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 12/2021, Lincoln Academy Of Illinois generated $413.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $323.6k during the year ending 12/2021. While expenses have increased by 3.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HONOR INDIVIDUALS WHOSE CONTRIBUTIONS TO THE BETTERMENT OF MANKIND HAVE BEEN ACCOMPLISHED IN OR ON BEHALF OF THE STATE OF ILLINOIS, OR WHOSE ACHIEVEMENTS HAVE BROUGHT HONOR TO THE STATE BECAUSE OF THEIR IDENTITY WITH IT, WHETHER BY BIRTH OR RESIDENCE, OR BY THEIR DEDICATION TO THOSE PRINCIPLES OF DEMOCRACY AND HUMANITY AS EXEMPLIFIED BY ABRAHAM LINCOLN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVOCATION AND INVESTITURE OF LAUREATES OF THE LINCOLN ACADEMY OF ILLINOIS.


TO HONOR SENIOR STUDENTS AT EACH OF THE FOUR-YEAR, DEGREE-GRANTING INSTITUTIONS IN ILLINOIS FOR OVERALL EXCELLENCE, IN BOTH CURRICULAR AND EXTRA-CURRICULAR PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Julie Kellner
Executive Director
$63,660
Leanne Barnhart
Executive Director Designate
$8,552
Governor Jb Pritzker
President
$0
Frank Clark
Chancellor
$0
The Honorable Ronald Dean Spears
Vice-Chancellor
$0
Ethel Holladay
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$36,000
Fundraising events$0
Related organizations$0
Government grants $12,146
All other contributions, gifts, grants, and similar amounts not included above$244,118
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$292,264
Total Program Service Revenue$112,650
Investment income $8,326
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 $413,240

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Lincoln Academy Of Illinois has recieved totaling $44,650.

Awarding OrganizationAmount
Patrick G And Shirley W Ryan Foundation

Chicago, IL

PURPOSE: GENERAL CHARITABLE OPERATIONS

$25,000
Lavin Family Foundation

Chicago, IL

PURPOSE: GENERAL FUND

$10,000
Shea Family Foundation Inc

Chicago, IL

PURPOSE: GENERAL OPERATION

$8,500
Ransburg Foundation

Peoria, IL

PURPOSE: GENERAL PURPOSES OF THE ORGANIZATION

$1,150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,067,359
Earnings$117,847
Net Contributions$17,250
Other Expense$15,000
Ending Balance$1,187,456

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$101,117,542
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$109,042,625
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$119,204,346
College Of The Ozarks
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$134,988,466

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