Academy of Scholars
Nonprofit profile at a glance
- EIN
- 364720159
- IRS 990-EZ coverage
- 2014–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- Chicago, IL, USA
- Phone
- (773) 800-5000
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $4,560
- Expenses
- $0
- Assets
- $5,450
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Shevonica Howell (President)
People named in this filing
- Shevonica Howell (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a nurturing and challenging educational environment that fosters academic excellence, character development, and a lifelong love of learning.
What it reported doing in 2024
The Academy of Scholars takes pride in its exceptional track record of student success, with an impressive 90% of our graduates pursuing higher education or learning a trade. Our commitment to excellence is rooted in the belief that failure is not an option, and we strive to ensure each student's success through personalized, one-on-one support. We equip our students with the skills and confidence needed to excel in their chosen paths by fostering an environment that emphasizes individual growth and achievement. This dedication to nurturing potential not only prepares our students for future endeavors but also instills in them a lifelong love of learning and resilience.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 8
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -6.8% per year; rating input score 0; 32nd percentile among comparable filings
- Revenue growth: -15.6% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 41.4% per year; rating input score 100; 94th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.