2026-05-14T15:48:03-05:00 2025-06-30 461911561 JAMES L VOURVOULIAS AND ASSOCIATES LTD CERTIFIED PUBLIC ACCOUNTANTS N AVONDALE CHICAG IL 60631 990 2024-07-01 364006154 EMBERS ACADEMY EMBE 8475181185 8340 N GREENWOOD NILES IL 60714 PABLO BOVILLE PRINCIPAL 8475181185 2026-05-14 1 1 NICHOLAS J VOURVOULIAS P01044747 7737631250 2024 2025-03-06 01:10:19Z PABLO BOVILLE 8340 N GREENWOOD NILES IL 60714 2477105 0 X HTTPS://EMBERSACADEMY.ORG/ X SCHOOL 1995 IL THE EMBERS ACADEMY IS AN INDEPENDENT SCHOOL THAT TEACHES CHILDREN FROM GRADES PRE-K THROUGH FIFTH. THERE WERE 250 STUDENTS WHO ATTENDED THE EMBERS ACADEMY DURING THE FISCAL YEAR ENDING JUNE 30, 2025. 6 0 52 70 0 0 523815 476272 1836559 1866167 44114 16758 175959 88704 2580447 2447901 0 0 0 0 1788896 1748108 0 0 30372 822558 785185 2611454 2533293 -31007 -85392 1695895 1632201 19643 41341 1676252 1590860 ELEMENTARY ACADEMY GRADES PRE-K THROUGH FIFTH. 0 0 2238739 1882925 THE EMBERS ACADEMY IS AN INDEPENDENT SCHOOL THAT TEACHES CHILDREN FROM GRADES PRE-K THROUGH FIFTH. THERE WERE 250 STUDENTS WHO ATTENDED THE EMBERS ACADEMY DURING THE FISCAL YEAR ENDING JUNE 30, 2025. 2238739 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 52 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X PABLO BOVILLE 8475181185 8340 GREENWOOD NILES IL 60714 SAM CARTER PRESIDENT 0.00 X 0 0 0 BRIAN JENN SECRETARY 0.00 X 0 0 0 GEORGE HOLOHAN TREASURER 0.00 X 0 0 0 KELLY BECK DIRECTOR 0.00 X 0 0 0 PEDRO VALENCIA DIRECTOR 0.00 X 0 0 0 NIALL FAGAN DIRECTOR 0.00 X 0 0 0 DEREK SIMON DIRECTOR 0.00 X 0 0 0 ALLISON SMITH DIRECTOR 0.00 X 0 0 0 CHRISTOPHER GOFFOS HEADMASTER 40.00 X 97000 0 0 PABLO BOVILLE ASSISTANT HEADMASTER 40.00 X 64750 0 0 161750 0 0 0 0 0 0 OUR LADY OF RANSOM CHURCH 8300 N GREENWOOD AVENUE NILES IL 60714 RENT 332535 1 140960 335312 476272 TUITION & FEES 611710 1714845 1714845 STUDENT ACTIVITY 611710 151322 151322 1866167 16758 16758 117908 140960 29204 88704 88704 2447901 1882925 0 88704 161750 97050 64700 1225561 1139772 85789 263212 223730 26321 13161 97585 87826 9759 9138 9138 2560 2560 26716 26716 22096 18781 2210 1105 145 130 15 63173 56856 6317 29299 26369 2930 FACILITY RENT 332535 283317 33254 15964 REPAIRS & MAINTENANCE 83187 66550 16637 EQUIPMENT RENTAL 39115 39115 SCHOOL SPEC EVENTS 27727 27727 149494 144800 4552 142 2533293 2238739 264182 30372 169236 367364 1160181 948938 32189 7805 -9217 504049 197155 323872 306894 10417 10417 1695895 1632201 19643 7093 34248 19643 41341 X 1676252 1590860 1676252 1590860 1695895 1632201 -85392 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 310734 26365 284369 193315 170790 22525 0 306894 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL ADVERTISING BROUCHURES DISTRIBUTED BY THE SCHOOL CONTAIN THE RACIALLY NONDISCRIMINATORY POLICIES OF THE SCHOOL. EMBERS EXTRAVAGAZA 258868 140960 117908 15562 7750 5892 258868 140960 117908 15562 7750 5892 29204 88704 X LUNCHROOM BENCHES 6 46195 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S BOARD OF DIRECTORS IS A SELF-PERPETUATING BOARD. THE BOARD ACCEPTS RESIGNATIONS AND APPOINTS NEW BOARD MEMBERS FROM TIME TO TIME. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS HANDLES NORMAL GOVERNANCE ITEMS TYPICAL OF ANY BOARD. THE BOARD APPROVES POLICIES, ESTABLISHES TUITION LEVELS AND HIRES AND FIRES THE HEAD OF THE SCHOOL (PRINCIPAL). THE DAY TO DAY OPERATING DECISIONS OF THE SCHOOL - ALL OF THEM, INCLUDING HIRING AND FIRING OTHER EMPLOYEES AND ACCEPTING OR REJECTING STUDENT APPLICANTS, AND DISCIPLINARY ISSUES SUCH AS SUSPENSIONS OF STUDENTS ETC - ARE MADE BY THE HEAD OF SCHOOL (PRINCIPAL) AND ARE NOT MADE BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE EMBERS ACADEMY REVIEWS THE ANNUAL FORM 990 AFTER IT HAS BEEN COMPLETED BY THE OUTSIDE ACCOUNTANT. THOSE REVIEWING THIS FORM INCLUDE THE HEAD OF THE SCHOOL, THE INTERNAL ACCOUNTANT AND THE SCHOOL BOARD. INFORMATION NEEDED TO COMPLETE THE FORM 990 WAS OBTAINED FROM THE BOOKS AND RECORDS OF THE SCHOOL AND BY ANSWERS TO QUESTIONS RECEIVED FROM VARIOUS PERSONNEL OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REGULARLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION HAS NOT BORROWED MONEY OR PAID FOR SERVICES FROM BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE TWO TOP EMPLOYEES (THE HEAD OF THE SCHOOL/PRINCIPAL AND THE ASSISTANT HEAD/VICE PRINCIPAL OF THE SCHOOL) IS DETERMINED BY THE BOARD OF DIRECTORS AFTER REVIEWING FACTORS SUCH AS AVERAGE COMPENSATION LEVELS FOR EMPLOYEES AT SIMILAR ORGANIZATIONS (COMPARABILITY DATA). NEITHER TOP EMPLOYEE ARE BOARD MEMBERS AND THEY HAVE NO SAY WHATSOEVER REGARDING THEIR COMPENSATION. BOARD MEMBERS ARE NOT COMPENSATED FOR THEIR BOARD SERVICES. ALL COMPENSATION DECISIONS MADE BY THE BOARD OF DIRECTORS ARE DOCUMENTED IN MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICY MANUALS, FINANCIAL STATEMENTS AND COPIES OF FORM 990 ARE MADE AVAILABLE TO ANYONE WHO REQUESTS THIS INFORMATION IN ADDITION TO BEING REVIEWED AND MONITORED BY THE EMBERS ACADEMY SCHOOL BOARD. IN ADDITION, POLICY MANUALS ARE GIVEN TO ALL PARENTS AND PROSPECTIVE AND ENROLLED STUDENTS. THIS IS IN THE FORM OF A STUDENT HANDBOOK WHICH IS UPDATED EACH YEAR. THE ENTITY IS REQUESTING RELIEF FROM ANY LATE FILING PENALTIES UNDER THE REASONABLE CAUSE EXEMPTION (IRC SEC. 6652(C)(4)).THE ENTITY EXPERIENCED A CHANGE IN BOARD LEADERSHIP DURING THE FISCAL YEAR, NECESSITATING A NEW INDIVIDUAL TO TAKE ON THE HEAD OF SCHOOL ROLE. THIS, ALONG WITH THE CONFUSION ABOUT THE 990 DUE DATE DUE TO THE ENTITY'S UNUSUAL JUNE 30 YEAR-END, CAUSED THE ENTITY TO INADVERTENTLY MISS THE NOVEMBER 15TH EXTENSION FILING DUE DATE. THE NEW BOARD MEMBER OF THE ENTITY INCORRECTLY BELIEVED THE TAX FILING (WITHOUT EXTENSION) WAS DUE BY MAY 15TH (AS WOULD BE TRUE OF A CALENDAR YEAR ENTITY). THE FAILURE TO FILE A VALID EXTENSION WAS ACCIDENTAL AND NOT DUE TO ANY WILLFUL NEGLECT BY THE ENTITY OR ITS BOARD MEMBERS.ONCE THE ERROR WAS DISCOVERED, THE ENTITY IMMEDIATELY WORKED TO GET THE NEEDED 990 FILED ELECTRONICALLY. THE 990 RETURN IS BEING FILED BEFORE THE MAY 15TH EXTENSION DUE DATE (HAD THE VALID EXTENSION BEEN FILED AS INTENDED).LASTLY, THE ENTITY'S BOARD OF DIRECTORS HAS IMPLEMENTED SAFEGUARDS TO MAKE SURE THE NOVEMBER 15TH DUE DATE IS KNOWN TO ALL CURRENT/FUTURE MEMBERS. THESE INCLUDE PROVIDING EACH CURRENT/NEW BOARD MEMBER WITH WRITTEN NOTICE OF THE RELEVANT ORGANIZATIONAL DUES DATES EACH YEAR GOING FORWARD.THE ENTITY REQUESTS ABATEMENT OF ANY/ALL LATE FILING PENALTIES UNDER THE REASONABLE CAUSE EXEMPTION.