Kindi Academy FY2021 filing

Tax-deductible

Chicago, IL501(c)(3)Since 2011Education EIN 45-3822869Revenue $1.3M in FY2021Latest return filed Jun 14, 2026

On file with the IRS4732 N Kedzie Ave, 60625-4421 · Chicago, ILTax-exempt since Aug 2014School — 170(b)(1)(A)(ii)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Per the organization bylaws , our mission is to raise self propelled , curious learners with strong passion for seeking and crating knowledge in and ethical , moral and intelectual environment

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $632K a year · 23% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
14 mo
of spending, in cash
Looks good: 14.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $60
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$358K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-21% vs prior year
Spent
$1.0M
To programs
95%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$1.3M
FY2021▼ -21%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$1.3M
FY2022$2.1M
FY2023$2.6M
FY2024$3.9M
FY2025$4.8M
Expenses
$1.0M
FY2021▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.0M
FY2022$1.6M
FY2023$1.9M
FY2024$3.1M
FY2025$3.6M
Net assets
$1.2M
FY2021▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$977K
FY2021$1.2M
FY2022$0
FY2023$2.5M
FY2024$3.3M
FY2025$4.6M

From the FY2021 Form 990 (year ending July 2021) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $980K Management & general 5% · $56K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Kindi Academy executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Nurture self-propelled, curious learners passionate about creating knowledge ethically.

Questions for Kindi Academy

Tap to ask. Kindi Academy sees how many people are interested.

Your first name shows with your question. Kindi Academy answers here, for everyone.

1 program · $980K · in their own filed words · FY2020
01

Our purpose is to operate a montessori school for the ages from 15 months to 9 years old. And a traditional school from fourth grade to eighth grade.

$980Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$60

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.3M
Money outPt IX
$1.0M
Ln 25
Programscol B$980K
Managementcol C$56K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.6M
LiabilitiesLn 26$358K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$1.2M
Cash and savings togetherLn 1–2$1.2M
Land, buildings, equipmentLn 10c$255K
Total assetsLn 16$1.6M
LiabilitiesLn 26$358K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 572
VolunteersI 62
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$941K$1.2M
Land, buildings, equipmentLn 10c$281K$255K
Total assetsLn 16$1.3M$1.6M
LiabilitiesLn 26$351K$358K
Net assetsLn 32$977K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$499K$499K$0$0
Pension plan contributionsLn 8$997$997$0$0
Payroll taxesLn 10$44K$44K$0$0
Legal feesLn 11b$7K$0$7K$0
Accounting feesLn 11c$4K$0$4K$0
OccupancyLn 16$245K$245K$0$0
Depreciation, depletion and amortizationLn 22$27K$27K$0$0
All other expensesLn 24e$209K$164K$45K$0
Total functional expensesLn 25$1.0M$980K$56K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 14, 2026 $4.8M$3.6M$1.2M$4.6M 990 PDF
FY2024Filed with the IRS Jun 16, 2025 $3.9M$3.1M$768K$3.3M 990 PDF
FY2023Filed with the IRS May 15, 2024 $2.6M$1.9M$738K$2.5M 990 PDF
FY2022Filed with the IRS May 15, 2023 $2.1M$1.6M$532K$0 990 PDF
FY2021 ViewingFiled with the IRS Jun 15, 2022 $1.3M$1.0M$233K$1.2M 990 PDF
FY2020Filed with the IRS Jun 15, 2021 $1.6M$1.3M$312K$977K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,269,360 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,438,156$1,269,360
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,438,156$1,269,360
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $636,063$544,290
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $798,543$492,234
I-18 Total expensesPrior year $1,434,606$1,036,524
I-19 Revenue less expensesPrior year $3,550$232,836
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,269,360 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,269,360
VIII-12 Total revenueRelated to mission $1,269,360 · Unrelated business $0 · Excluded from tax $0$1,269,360
Part IX · Statement of functional expenses $1,036,524 across 8 lines filed
IX-7 Other salaries and wagesPrograms $499,424 · Management $0 · Fundraising $0$499,424
IX-8 Pension plan contributionsPrograms $997 · Management $0 · Fundraising $0$997
IX-10 Payroll taxesPrograms $43,869 · Management $0 · Fundraising $0$43,869
IX-11b Legal feesPrograms $0 · Management $7,450 · Fundraising $0$7,450
IX-11c Accounting feesPrograms $0 · Management $4,200 · Fundraising $0$4,200
IX-16 OccupancyPrograms $245,227 · Management $0 · Fundraising $0$245,227
IX-22 Depreciation, depletion and amortizationPrograms $26,555 · Management $0 · Fundraising $0$26,555
IX-24e All other expensesPrograms $164,221 · Management $44,581 · Fundraising $0$208,802
IX-25 Total functional expensesPrograms $980,293 · Management $56,231 · Fundraising $0$1,036,524
Part X · Balance sheet $1,567,708 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $940,560$1,227,094
X-10c Land, buildings and equipment, netStart of year $281,448$254,893
X-14 Intangible assetsStart of year $105,721$85,721
X-16 Total assetsStart of year $1,327,729$1,567,708
X-24 Unsecured notes and loans payableStart of year $351,069$358,212
X-26 Total liabilitiesStart of year $351,069$358,212
X-27 Net assets without donor restrictionsStart of year $976,660$1,209,496
X-32 Total net assets or fund balancesStart of year $976,660$1,209,496
X-33 Total liabilities and net assetsStart of year $1,327,729$1,567,708
Part XI · Reconciliation of net assets $1,209,496 net assets at year end
XI-1 Total revenue$1,269,360
XI-2 Total expenses$1,036,524
XI-3 Revenue less expenses$232,836
XI-4 Net assets at start of year$976,660
XI-10 Net assets at end of year$1,209,496

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.