Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
3 people listed on the 990.
Dr Greg Jones’s $304K as CEO - Chicago Academy is at the 66th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Dr Greg Jones | $303,745 | $289,521 | $255,387 | $113,520 |
| Iman Lindsay | $247,813 | — | — | — |
| Ted Christians | $237,683 | $222,930 | $196,674 | $86,905 |
| Latonia Arnold | $202,209 | $187,058 | — | — |
| Carmen Echevarria | — | $167,819 | — | — |
| Rodney Bly | $135,142 | $130,074 | $117,220 | — |
| Lindsey Schmitz | $123,930 | $117,941 | $104,987 | — |
| Zabrina Emilia Casanova | — | $119,220 | $102,112 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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
Empowers young people from resilient communities to achieve their full potential.
Questions for The Academy Group
Your first name shows with your question. The Academy Group answers here, for everyone.
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Build a financial literacy foundation exploring topics such as budgeting, investments, real estate, and entrepreneurship, rooted in an experiential learning model.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $4K | $218K |
| Total assetsLn 16 | $4K | $218K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $4K | $218K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $1K | $1K | ||
| Total functional expensesLn 25 | $1K | $1K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $10.6M | $9.2M | $1.3M | $1.3M | 990 PDF |
| FY2023 | $4.2M | $6.8M | −$2.6M | $10K | 990 PDF |
| FY2022 | $6.5M | $4.2M | $2.3M | $2.6M | 990 PDF |
| FY2021 | Not on file | ||||
| FY2020 Viewing | $215K | $1K | $214K | $218K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $214,827 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 1 to look at
Part VIII · Statement of revenue $214,827 across 4 lines filed
Part IX · Statement of functional expenses $1,300 across 1 line filed
Part X · Balance sheet $218,027 assets, 7 lines filed
Part XI · Reconciliation of net assets $218,027 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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