Example Academy Inc-Nfp
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bourbonnais, IL
- Founding
- Data as of
- 12/2023
- EIN
- 85-4288117
Organization Overview
Example Academy Inc-Nfp is located in Bourbonnais, IL. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Example Academy Inc-Nfp 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 12/2023, Example Academy Inc-Nfp generated $183.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $201.7k during the year ending 12/2023. While expenses have increased by 20.2% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A VIRTUAL AND IN HOUSE EDUCATIONAL AND SPORTS ACADEMY FOR GIRLS BETWEEN THE AGES OF 14-18. OUR ACADEMIC PREPARE THE FOR COLLEGE AND OUR ATHLETIC PREPARE THEM IN THE SPORTS OF BASKETBALL TO HELP WITH SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3
WE HAVE 20 GIRLS IN OUR VIRTUAL IN-HOUSE ACADEMY FOR HIGHER LEARNING AND PROVIDE A SAFE HAVEN FOR THEM TO STAY FOCUS ON THEIR ACADEMICS IN WHICH 11 RECEIVED SCHOLARSHIPS AND 10 OF THEM RECEIVED FULL SCHOLARSHIPS VALUING AROUND $1M
ATHLETICS: WE WON A NATIONAL CHAMPIONSHIP HAD 7 GIRLS MCDONALD'S ALL-AMERICAN NOMINATIONS. USA OLYMPIC TEAM TRIALS INVITE. 2 OF OUR PLAYERS ARE BEING RECOGNIZED BY ESPN AS TOP 60 PLAYERS IN THE COUNTRY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Bradford President | 60 | $0 | |
Aisha Chavers Bradford Treasurer | 50 | $0 | |
Johnnie Wicks Secretary | 20 | $0 | |
Kimberly Fudge Director | 30 | $0 | |
Lisa Poremba Berg Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,501 |
| Total Program Service Revenue | $119,188 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,000 |
| Other Revenue | $0 |
| Total Revenue | $183,689 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,000 |
| Professional fees and other payments to independent contractors | $375 |
| Occupancy, rent, utilities, and maintenance | $52,450 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $106,893 |
| Total expenses | $201,718 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $17,705 |
| Net assets or fund balances | -$17,705 |