Example Academy Inc-Nfp EIN 85-4288117

Example Academy Inc-Nfp

EIN  85-4288117 Public charity (501(c)(3)) Bourbonnais, IL Founded 2020
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Size
$100K–1M
What they do
Educates and trains teenage girls in academics and basketball for college and scholarships.
Leadership
Aisha Chavers-Bradford · Treasurer · $6K
Money in and out
$207K revenue, $207K expenses
Bottom line
53% program efficiency

Educates and trains teenage girls in academics and basketball for college and scholarships. For fiscal year 2025 it reported $207K in revenue, $207K in expenses, and $380 in net assets.Pt I

Where the money goes · FY2025
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$207K
Pt IX · Ln 25
Net assets
$380
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $380
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.47
Program efficiency
53%
of spending reaches programs▲ +27% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate▼ -100% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▼ -57% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$207K
FY2025▼ -4%
Expenses
$207K
FY2025▼ -4%
Total assets
$380
FY2025▼ -59%
Total liabilities
$0
FY2025
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$207K
Pt IX · Ln 25
Net assets
$380
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$380
Total assetsPt X · Ln 16$380
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

2 program services, described in the organization's own filed words · FY2025.
01

This athletic program helps young women receive athletic scholarship to pay for college for all 18 students. We current have 18 girls in our virtual in-house academy for higher learning and provide a safe haven for them to stay focus academicly

Pt IX · col B
02

This academic program that helps prepare students for college academics to 18 girls. All graduates continues to college

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CExample Academy Inc-Nfp
EINHdr · item D85-4288117
Principal addressHdr · item CBourbonnais, IL
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2020
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFMar 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$5,777Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Aisha Chavers-Bradford’s $6K as Treasurer is at the 3rd percentile of top reported officer pay among 2165 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2025FY2022FY2021
Carmisha Chaver$14,050
Aisha Chavers-Bradford$5,777$4,250
Barry Bradford$4,000

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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Statement of Revenue

Part VIII
Program service revenue$115K · 55%
Contributions & grants$92K · 45%
Program service revenue55%$115K
Contributions & grants45%$92K
Total revenueLn 12$207K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.47
Program services53%$110K
Management & general47%$97K
Total functional expensesLn 25$207K

Balance Sheet

Part X · end of year
CashLn 1$380
Total assetsLn 16$380
Total liabilitiesLn 26$0
Total net assetsLn 32$380
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $380 · Operating expenses/yr $207K
0.0 months
Where the money goes
Program services
Program services $110K · Total expenses $207K
53%
Management & General
Management & general $97K · Total expenses $207K
47%
Fundraising
Fundraising $0 · Total expenses $207K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $102K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $92K · Total revenue $207K
45%
Government reliance
Government grants $0 · Total revenue $207K
0%
Earned-income share
Program service revenue $115K · Total revenue $207K
55%
Investment reliance
Investment income $0 · Total revenue $207K
0%
Program self-sufficiency
Program service revenue $115K · Total expenses $207K
56%
Growth & trend
Revenue growth (YoY)
This year $207K · Prior year $217K
-4%
Revenue CAGR
FY2021 $122K · FY2025 $207K
+14%
Net-asset trend (YoY)
End of year $380 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $207K · Expenses $207K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $380
Net-asset ratio
Net assets $380 · Total assets $380
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $380
0%
People & payroll
Highest Reported Total Compensation
Individual Aisha Chavers-Bradford · Reported title Treasurer · Highest reported compensation $6K · Total expenses $207K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $207K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 47%
Revenue growth -4%

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$27

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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
FY2025 (Latest)$207K revenue · viewing · ⤓ 990 PDF
FY2024$217K revenue · ⤓ 990 PDF
FY2023$184K revenue · ⤓ 990 PDF
FY2022$223K revenue · ⤓ 990 PDF
FY2021$122K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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