Greenfields Academy

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EIN 84-5074164 Unknown exempt organization Chicago, IL
Form 990 (PDF)

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Revenue & expenses by yearFY2021–FY2023
Revenue
$333K
FY2023▼ -43%
Expenses
$22K
FY2023▼ -96%

Form 990 for the fiscal year ending July 2023 (IRS tax year 2022).


Empower students to discover passions, develop skills, and become their best selves. For fiscal year 2023 it reported $333K in revenue and $22K in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Chicago, IL
Website
www.greenfieldsacademy.com
Filings
3 on file (2021–2023)
Revenue
$333KFY2023
Expenses
$22K
Net assets
$0
People
4
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Provided by the organization

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Size
$100K–1M
What they do
Empower students to discover passions, develop skills, and become their best selves.
Leadership
Aimee Skinner · President
Money in and out
$333K revenue, $22K expenses
Bottom line
+93% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

NEUTRAL

Not on file

IRS deductibility code is not on file for this EIN. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

WARNING

Last filed FY2022 — 4 yrs ago

Most recent Form 990 on file is for fiscal year 2022 (4 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Amazonsmile Foundation

1 distinct foundation funder(s) on file, $52 received in the most recent year with grants. See detail →

How is the money spent?

GOOD

83% to programs

83% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↓ -43% vs prior year

Revenue band $100K–1M, -43% versus the prior filing year (down). See detail →

Reported financial activity · FY2023
Total revenue
$333K
Pt VIII · Ln 12
Total expenses
$22K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $311K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Surplus margin
+93%
revenue over expenses, this year▲ ×16 vs prior filing year
Program spending
83%
of expenses reach programs▼ -16% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$0
FY2023▼ -100%
Total liabilities
$0
FY2023▼ -100%
Revenue less expensesPt I · Ln 19$311K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CGreenfields Academy
EINHdr · item D84-5074164
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jwww.greenfieldsacademy.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Founder
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021
Rob Huge$70,000$17,500

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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Mission & Programs · Part III

Where the work happens

1 program service account for $18K of program spending, described in the organization's own filed words · FY2022.
01

The school's k-12 program is designed to develop the mindset and skills to thrive in a fast-paced interconnected world. In this program learners stay curious, challenge themselves and make a difference in the world. Our 36 students this academic year cultivated passion, curiosity, real world projects, and hard work.

$18Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$171K · 51%
Other revenue$162K · 49%
Contributions & grants51%$171K
Other revenue49%$162K
— government grantsLn 1e$171K
Total revenueLn 12$333K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$18K
Management & general17%$4K
Total functional expensesLn 25$22K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $22K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $18K · Total expenses $22K
83%
Management & General
Management & general $4K · Total expenses $22K
17%
Fundraising
Fundraising $0 · Total expenses $22K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $27K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $171K · Total revenue $333K
51%
Government reliance
Government grants $171K · Total revenue $333K
51%
Earned-income share
Program service revenue $0 · Total revenue $333K
0%
Investment reliance
Investment income $0 · Total revenue $333K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $22K
0%
Growth & trend
Revenue growth (YoY)
This year $333K · Prior year $580K
-43%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $333K · Expenses $22K
+93%
Liabilities-to-Assets
Total liabilities — · Total assets $0
—
Net-asset ratio
Net assets $0 · Total assets $0
—
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Aimee Skinner · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $22K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5K · Total expenses $22K
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%——
Overhead ratio 17%——
Fundraising cost ratio 0%——
Revenue growth -43%——
Accounting fee ratio 16%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$52

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$333K revenue · viewing · ⤓ 990 PDF
FY2022$580K revenue · ⤓ 990 PDF
FY2021$491K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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