ELGIN ACADEMY: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ELGIN ACADEMY (EIN 36-2205984)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-13
- IRS object ID
- 201901339349302560
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T09:12:05-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 430765316 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUBINBROWN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4709 WEST GOLF ROAD SUITE 200 | AddressLine1Txt |
| City | SKOKIE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60076 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362205984 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELGIN ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ELGI | BusinessNameControlTxt |
| Phone | 8476950300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 PARK STREET | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60120 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEITH RAUSCHENBERGER | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 8476950300 | PhoneNum |
| Signature | 2019-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRUCE SCHIFF | PreparerPersonNm |
| PTIN | P00144204 | PTIN |
| Phone | 7737774445 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.49.45.18 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-13 | IPDt |
| IP Tm | 09:11:34 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | CB5C23C54E91D8808FE0FAC44ECDB76E16B53CB9 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEITH RAUSCHENBERGER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 PARK STREET | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60120 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,705,575 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ELGINACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1957 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | SCHOOL COMMITTED TO ACADEMIC EXCELLENCE AND DEVELOPING THE FULL POTENTIAL OF EACH OF ITS STUDENTS | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 119 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,877,789 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,722,628 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,917,132 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,650,935 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,807 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,691 | CYInvestmentIncomeAmt |
| PY Other Revenue | $203,961 | PYOtherRevenueAmt |
| CY Other Revenue | $200,982 | CYOtherRevenueAmt |
| PY Total Revenue | $9,004,689 | PYTotalRevenueAmt |
| CY Total Revenue | $8,579,236 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,591,447 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,607,395 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,513,878 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,324,831 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $213,473 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,775,337 | PYOtherExpensesAmt |
| CY Other Expenses | $2,541,079 | CYOtherExpensesAmt |
| PY Total Expenses | $8,880,662 | PYTotalExpensesAmt |
| CY Total Expenses | $8,473,305 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $124,027 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $105,931 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $19,229,970 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,939,693 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,919,011 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,522,803 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,310,959 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,416,890 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ELGIN ACADEMY IS A PRESCHOOL THROUGH GRADE 12 INDEPENDENT COLLEGE PREPARATORY, COEDUCATIONAL DAY SCHOOL COMMITTED TO ACADEMIC EXCELLENCE AND DEVELOPING THE FULL POTENTIAL OF EACH OF ITS STUDENTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,566,245 | ExpenseAmt |
| Grant | $1,607,395 | GrantAmt |
| Revenue | $6,655,818 | RevenueAmt |
| Desc | OPERATION OF AN EDUCATIONAL INSTITUTION. | Desc |
| Total Program Service Expenses | $5,566,245 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | 0 | BackupWthldComplianceInd |
| Employee | 119 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAY IKEZOE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8476950309 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 PARK STREET | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60120 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| GINA PAWLISCH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REHAN ZAID | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE WARREN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARGARET WARD | ||||||||
| VICE-CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DANIELLE SMILEY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA ANDERSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDY KIRK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HUGH RIDER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN SCIMECA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRED MASNATO | ||||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KEITH RAUSCHENBERGER | ||||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| HAROLD D RIDER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JOHN YAVARI | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PHIL COWEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RHONDA DWYER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD MILONE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM PADULA | ||||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SETH HANFORD | ||||||||
| HEAD OF SCHOOL | 40.00 | $203,252 | $0 | $0 | Yes (X) | |||
| GERALD O'KEEFFE | ||||||||
| DIRECTOR | 40.00 | $111,833 | $0 | $0 | Yes (X) | |||
| JENNIFER BROWN | ||||||||
| EX OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| ROBERT WADINGTON | ||||||||
| EX OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| ANTONIS THEODOROU | ||||||||
| EX OFFICIO | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $315,085 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UNITED HEALTHCARE | |||||
| P O BOX 94017 | PALATINE | IL | 60094 | HEALTH INSURANCE | $407,465 |
| FIRST AMERICAN BANK | |||||
| 1650 LOUIS AVENUE | ELK GROVE VILLAGE | IL | 60007 | LOAN | $270,201 |
| ALADDIN FOOD MANAGEMENT SERVICES LLC | |||||
| 16567 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | FOOD SERVICE | $211,234 |
| BEE LINE SUPPORT INC | |||||
| 955 BUSSE ROAD | ELK GROVE VILLAGE | IL | 60007 | JANITORIAL | $128,570 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,722,628 | AllOtherContributionsAmt |
| Total Contributions | $1,722,628 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611110 | $6,222,732 | $6,222,732 |
| FEES AND AUX. SERVICES | 900099 | $379,875 | $379,875 |
| OTHER INCOME | 900099 | $48,328 | $48,328 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,650,935 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,691 | TotalRevenueColumnAmt |
| Exclusion | $4,691 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $26,086 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $21,145 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,941 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,941 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,941 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $295,515 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $99,416 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $196,099 | TotalRevenueColumnAmt |
| Exclusion | $196,099 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $5,720 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $5,778 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$58 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$58 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,579,236 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,655,818 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $200,790 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,607,395 | TotalAmt |
| Program Services | $1,607,395 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $315,085 | TotalAmt |
| Management And General | $315,085 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,353,692 | TotalAmt |
| Program Services | $2,295,665 | ProgramServicesAmt |
| Management And General | $928,114 | ManagementAndGeneralAmt |
| Fundraising | $129,913 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $399,064 | TotalAmt |
| Program Services | $271,864 | ProgramServicesAmt |
| Management And General | $124,690 | ManagementAndGeneralAmt |
| Fundraising | $2,510 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,990 | TotalAmt |
| Program Services | $164,813 | ProgramServicesAmt |
| Management And General | $82,304 | ManagementAndGeneralAmt |
| Fundraising | $9,873 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,383 | TotalAmt |
| Management And General | $378,383 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,993 | TotalAmt |
| Management And General | $6,662 | ManagementAndGeneralAmt |
| Fundraising | $4,331 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,773 | TotalAmt |
| Program Services | $275,773 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $604,812 | TotalAmt |
| Program Services | $423,368 | ProgramServicesAmt |
| Management And General | $181,444 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,350 | TotalAmt |
| Management And General | $99,350 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT ACTIVITIES | $286,753 | $286,753 | ||
| COMPUTER EXPENSES | $123,015 | $109,809 | $13,206 | |
| UTILITIES | $118,237 | $118,237 | ||
| ADMISSIONS | $109,986 | $109,986 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $533,777 | TotalAmt |
| Program Services | $240,614 | ProgramServicesAmt |
| Management And General | $239,523 | ManagementAndGeneralAmt |
| Fundraising | $53,640 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,473,305 | TotalAmt |
| Program Services | $5,566,245 | ProgramServicesAmt |
| Management And General | $2,693,587 | ManagementAndGeneralAmt |
| Fundraising | $213,473 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $754,223 | BOYAmt |
| EOY | $1,437,604 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,236 | BOYAmt |
| EOY | $659,411 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,957 | BOYAmt |
| EOY | $100,038 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $19,246,463 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,469,693 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,111,565 | BOYAmt |
| EOY | $10,776,770 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,072 | BOYAmt |
| EOY | $211,727 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,902,917 | BOYAmt |
| EOY | $6,754,143 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,229,970 | BOYAmt |
| EOY | $19,939,693 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,148 | BOYAmt |
| EOY | $130,648 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,103,144 | BOYAmt |
| EOY | $3,819,077 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,028,894 | BOYAmt |
| EOY | $7,012,775 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $604,825 | BOYAmt |
| EOY | $560,303 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,919,011 | BOYAmt |
| EOY | $11,522,803 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,517,832 | BOYAmt |
| EOY | $6,592,785 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $610,741 | BOYAmt |
| EOY | $593,369 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,182,386 | BOYAmt |
| EOY | $1,230,736 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,310,959 | BOYAmt |
| EOY | $8,416,890 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,229,970 | BOYAmt |
| EOY | $19,939,693 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $105,931 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Total Easements | 2 | TotalEasementsCnt |
| Total Acreage | 1.00 | TotalAcreageCnt |
| Historic Strctr Easements Aftr | 2 | HistoricStrctrEasementsAftrCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | 0 | Section170hRqrStsfdInd |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,902,797 | BeginningYearBalanceAmt |
| Contributions | $32,100 | ContributionsAmt |
| Investment Earnings Or Losses | $661,307 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $814,865 | OtherExpendituresAmt |
| Administrative Expenses | $27,195 | AdministrativeExpensesAmt |
| End Year Balance | $6,754,144 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,188,176 | BeginningYearBalanceAmt |
| Contributions | $450,025 | ContributionsAmt |
| Investment Earnings Or Losses | $860,870 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $564,419 | OtherExpendituresAmt |
| Administrative Expenses | $31,855 | AdministrativeExpensesAmt |
| End Year Balance | $6,902,797 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,860,819 | BeginningYearBalanceAmt |
| Contributions | $36,700 | ContributionsAmt |
| Investment Earnings Or Losses | -$101,601 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,573,412 | OtherExpendituresAmt |
| Administrative Expenses | $34,330 | AdministrativeExpensesAmt |
| End Year Balance | $6,188,176 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,532,427 | BeginningYearBalanceAmt |
| Contributions | $63,597 | ContributionsAmt |
| Investment Earnings Or Losses | $301,978 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,001,256 | OtherExpendituresAmt |
| Administrative Expenses | $35,927 | AdministrativeExpensesAmt |
| End Year Balance | $7,860,819 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,312,781 | BeginningYearBalanceAmt |
| Contributions | $8,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,478,886 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $231,713 | OtherExpendituresAmt |
| Administrative Expenses | $35,617 | AdministrativeExpensesAmt |
| End Year Balance | $8,532,337 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,623 | OtherCostOrOtherBasisAmt |
| Book Value | $51,623 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,314,483 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,359,358 | DepreciationAmt |
| Book Value | $9,955,125 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $462,924 | OtherCostOrOtherBasisAmt |
| Depreciation | $65,832 | DepreciationAmt |
| Book Value | $397,092 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,532,934 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,311,471 | DepreciationAmt |
| Book Value | $221,463 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,884,499 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,733,032 | DepreciationAmt |
| Book Value | $151,467 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,776,770 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM ELGIN ACADEMY FOUNDATION | Desc |
| Book Value | $6,754,143 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,754,143 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED EXPENSES | $360,303 |
| LINE OF CREDIT | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $560,303 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $7,098,180 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $126,339 | OtherRevenueAmt |
| Revenue Not Reported | $126,339 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,971,841 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,607,395 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,607,395 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,579,236 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,992,249 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $126,339 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $126,339 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,865,910 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,607,395 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,607,395 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,473,305 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 9: | THERE IS NO REVENUE OR EXPENSES INCURRED AS A RESULT OF THESE EASEMENTS. THE EASEMENTS ARE NOT RECOGNIZED ON THE BALANCE SHEET BECAUSE THERE WERE NO COSTS INVOLVED IN THE ACQUISITION OF THESE EASEMENTS AND THEY ARE NOT CONSIDERED TO HAVE VALUE SINCE THEY DO NOT GENERATE INCOME. |
| PART III, LINE 1A: | THERE IS NO REVENUE OR EXPENSES INCURRED ON THE ACADEMY'S ART COLLECTION. IN CONFORMITY WITH INDUSTRY PRACTICE, THE ACADEMY REFLECTS ITS DONATED ART COLLECTION ON THE BALANCE SHEET AT NOMINAL VALUE. |
| PART III, LINE 4: | ELGIN ACADEMY'S ART COLLECTION PROMOTES THE APPRECIATION OF THE ARTS BY PROVIDING ITS STUDENTS WITH THE ABILITY TO EXAMINE FIRST HAND WORKS OF FINE ART. IT IS ALSO A STARTING POINT FOR SCHOLARLY RESEARCH. |
| PART V, LINE 4: | TO PROVIDE SUPPORT FOR EDUCATIONAL PROGRAMS |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENTS - SHOWN NET OF EXP 99,416. RENTAL INC SHOWN NET OF EXP ON FORM 990 21,145. SALES - SHOWN NET OF COGS ON FORM 990 5,778. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FIN AID SHOWN NET IN TUITION ON THE F/S 1,607,395. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENTS - SHOWN NET OF EXP 99,416. RENTAL INC SHOWN NET OF EXP ON FORM 990 21,145. SALES - SHOWN NET OF COGS ON FORM 990 5,778. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FIN AID SHOWN NET IN TUITION ON THE F/S 1,607,395. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION ADVERTISES ITS NON-DISCRIMINATION POLICY THROUGH ITS WEBSITE. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION | Event1Nm |
| Gross Receipts Event1 | $217,665 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $217,665 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $49,915 | RentFacilityCostsEvent1Amt |
| Event2 | PARENTS ASSOCIATION | Event2Nm |
| Gross Receipts Event2 | $48,697 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $48,697 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $41,186 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $29,153 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $29,153 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $8,315 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $295,515 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $295,515 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $49,915 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $49,501 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $99,416 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $196,099 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID | GrantTypeTxt |
| Recipient | 118 | RecipientCnt |
| Cash Grant | $1,607,395 | CashGrantAmt |
| Valuation Method Used | COST | ValuationMethodUsedDesc |
| Non Cash Assistance | FINANCIAL AID | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV- ADDITIONAL SUPPLEMENTAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | QUALIFYING STUDENTS ARE AWARDED NEED-BASED FINANCIAL AID GRANTS. THE AMOUNT OF THE GRANT IS THEN DEDUCTED FROM THE QUALIFYING STUDENT'S TOTAL TUITION COST TO ARRIVE AT A NET NUMBER. THE NET NUMBER IS THE AMOUNT TO BE PAID TO ELGIN ACADEMY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SETH HANFORD | ||||||||||||||
| HEAD OF SCHOOL | $203,252 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $203,252 | $0 | $0 | $0 |
| GERALD O'KEEFFE | ||||||||||||||
| DIRECTOR | $111,833 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $111,833 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| Bond Issued | 2013-06-01 | BondIssuedDt |
| Issue Price | $10,000,000 | IssuePriceAmt |
| Purpose | FUNDING FOR CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | Yes (1) | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Cash GrantCashGrantAmt | Type Of AssistanceTypeOfAssistanceTxt | Assistance PurposeAssistancePurposeTxt |
|---|---|---|---|
| ELGIN ACADEMY | |||
| TRUSTEE | $95,000 | FINANCIAL AID | FINANCIAL AID |
| ELGIN ACADEMY | |||
| TRUSTEE | $7,500 | SCHOLARSHIP | FINANCIAL AID |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | LINE 2 EXPLANATION - HAROLD RIDER AND HUGH RIDER ARE FATHER AND SON. FRED MASNATO, ALAN SCIMECA AND KEITH RAUSCHENBERGER ARE ALSO BOARD MEMBERS FOR ELGIN ACADEMY FOUNDATION, THE CUPOLA FOUNDATION AND MULFORD SQUARE PRESERVATION CORPORATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11B EXPLANATION - A DRAFT COPY OF THE FORM 990 IS CIRCULATED TO THE BOARD MEMBERS ALONG WITH A COPY OF THE AUDITED FINANCIAL STATEMENTS FOR REVIEW AND COMMENT PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUAL DISCLOSURE STATEMENTS ARE SUBMITTED TO THE SCHOOL FOR REVIEW. TO DATE THERE HAVE BEEN NO CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION USES THE N.A.I.S. COMPENSATION EVALUATION IN MAKING DETERMINATIONS OF COMPENSATION FOR TOP MANAGEMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL AND CONTRACT SERVICE : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 378,383. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 378,383. |
| FORM 990, PART IX, LINE 24E | PHYSICAL EDUCATION: PROGRAM SERVICE EXPENSES 102,225. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 102,225. SUPPLIES: PROGRAM SERVICE EXPENSES 11,777. MANAGEMENT AND GENERAL EXPENSES 52,894. FUNDRAISING EXPENSES 1,108. TOTAL EXPENSES 65,779. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 54,123. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 54,123. EQUIPMENT RENT & MAINTENANCE : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 52,587. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,587. SCHOOL FUNCTION & EVENTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,388. FUNDRAISING EXPENSES 30,238. TOTAL EXPENSES 34,626. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 34,480. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,480. CURRICULUM/COUNSELING: PROGRAM SERVICE EXPENSES 28,999. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,999. SOCIAL STUDIES & LIBRARY: PROGRAM SERVICE EXPENSES 22,703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,703. ART, MUSIC, CRAFTS & DRAMA: PROGRAM SERVICE EXPENSES 19,118. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,118. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,845. FUNDRAISING EXPENSES 955. TOTAL EXPENSES 17,800. TESTING: PROGRAM SERVICE EXPENSES 17,451. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,451. PRINTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 273. FUNDRAISING EXPENSES 16,792. TOTAL EXPENSES 17,065. PROFESSIONAL ADVANCEMENT: PROGRAM SERVICE EXPENSES 16,352. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,352. OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,438. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,438. PERSONNEL RECRUITMENT : PROGRAM SERVICE EXPENSES 10,737. MANAGEMENT AND GENERAL EXPENSES 2,630. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,367. MATH & SCIENCE: PROGRAM SERVICE EXPENSES 7,794. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,794. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,865. FUNDRAISING EXPENSES 1,755. TOTAL EXPENSES 7,620. ENGLISH & FOREIGN LANGUAGE: PROGRAM SERVICE EXPENSES 2,875. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,875. PROMOTION AND EVENTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,792. TOTAL EXPENSES 2,792. VIDEOGRAPHY: PROGRAM SERVICE EXPENSES 583. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 583. |
| FORM 990, PART X, LINE 20 - TAX EXEMPT BOND LIABILITIES | LENDER: ILLINOIS FINANCE AUTHORITY INTEREST RATE: 3.25% DATE OF NOTE: 6/1/2013 MATURITY DATE: 11/01/2037 BEGINNING BALANCE DUE.............................10,000,000 ENDING BALANCE DUE.............................. 7,012,775 |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| ELGIN ACADEMY FOUNDATION | ||||||||||
| 350 PARK STREET | ELGIN | IL | 60120 | 363911950 | EDUCATION | IL | 501(C)(3) | LINE_12A_I_509_TYPE_ | RELATED | 0 |
| THE CUPOLA FOUNDATION | ||||||||||
| 350 PARK STREET | ELGIN | IL | 60120 | 363977640 | LOW INCOME HOUSING | IL | 501(C)(3) | LINE_10_ORGANIZATION | RELATED | 0 |
| MULFORD SQUARE PRESERVATION | ||||||||||
| 350 PARK STREET | ELGIN | IL | 60120 | 364082001 | LOW INCOME HOUSING | IL | 501(C)(3) | LINE_10_ORGANIZATION | RELATED | 0 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'KEEFFE MULFORD LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 PARK STREET | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60120 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273270694 | EIN |
| Primary Activities | LOW INC HSG | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MULFORD SQ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 1.00000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| ELGIN ACADEMY FOUNDATION | ||
| B | $627,902 | CASH |
| ELGIN ACADEMY FOUNDATION | ||
| E | $6,908,609 | FMV |