Overview
What is Altus Academy?
Altus Academy is a private, not-for-profit elementary school located in Chicago, Illinois. Established in 2013, the academy initially served sixteen students in grades 4, 5, and 6. Over the years, its student body has grown, now accommodating 57 students from grades 1 through 8, as of its current ninth school year. The academy is committed to nurturing students with strong character and academic preparation, aiming to equip them for success in college-preparatory high schools, colleges, and beyond. Part of this commitment involves offering a high-quality college-preparatory education, which includes expanding its curriculum to incorporate STEM and robotics programs. Altus Academy currently employs a team of 14 dedicated individuals.
Official website here: www.altusacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Altus Academy has received a solid Three-Star rating from Charity Navigator, indicating strong accountability and financial health. With an 81% score, the organization demonstrates commendable practices such as having a predominantly independent board and a low liabilities-to-assets ratio. The charity excels in program expenses, with 80.59% allocated to its programs, reflecting a commitment to its mission and effective use of resources.
User feedback highlights the positive experiences of volunteers, emphasizing the compassionate environment fostered within the academy. One volunteer shared heartfelt stories of the community's dedication to supporting students, noting instances where families and staff went above and beyond to ensure children's well-being. This sense of family and commitment to individualized attention is a hallmark of Altus Academy, showcasing its impact on both students and the broader community.
While the overall ratings and reviews are very positive, ongoing efforts towards self-sustainability may present challenges for the organization. The desire from volunteers to contribute further underscores the need for financial support to maintain and enhance the school's operations. As Altus Academy continues to grow, both in community support and resources, it holds promise for further enriching the lives of its students.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Altus Academy legitimate?
Altus Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altus Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $151,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,862
For more financial information, click here
Official website here: www.altusacademy.org
What is the mission statement of Altus Academy?
Altus Academy, a private, independent, not-for-profit elementary school, is committed to developing students with strong character and robust academic preparation. The academy caters to students from grades one through eight, aiming to prepare them for success in college-preparatory high schools, college, and beyond. The school provides a high-quality college-preparatory education, ensuring its students are well-equipped for their academic journeys.
Official website here: www.altusacademy.org
Who is the CEO of Altus Academy?
John P Heybach is the President & Founder of Altus Academy.
Official website here: www.altusacademy.org
What is the revenue of Altus Academy?
Altus Academy's revenue in 2022 was $1,192,202.
Official website here: www.altusacademy.org
Who are the executives of Altus Academy and what are their salaries?
The average compensation at Altus Academy during 2022 was $30,493. There are 14 employees and 75 volunteers at Altus Academy.
Here are 11 key members and their salaries:
- Compensation: $75,000
- Related: $0
- Other: $4,120
- Compensation: $60,000
- Related: $0
- Other: $14,836
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.altusacademy.org
Where can I find the form 990 for Altus Academy?
Altus Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.altusacademy.org
Learn more at the official website: www.altusacademy.org
Mission Statement of Altus Academy
Altus Academy, a private, independent, not-for-profit elementary school, is dedicated to nurturing its students from grades one through eight. Their mission is twofold: to foster the development of strong character and provide robust academic preparation. This educational institution aspires to equip its students with the skills necessary to excel in college-preparatory high schools, further their education at colleges, and ultimately, thrive beyond these academic milestones. Altus Academy offers a high-quality college-preparatory education, making it an invaluable resource for its students as they embark on their journey towards personal and academic success.
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Impact
October, 2024
Altus Academy has made a significant impact on the education landscape in Chicago by providing a robust college preparatory education for students in grades one through eight. Since its inception in 2013, the academy has grown from a small class of sixteen students to a thriving school community of 57 students by the 2022 fiscal year. This growth reflects not only an increase in enrollment but also a commitment to nurturing a diverse and inclusive academic environment.
The academy's focus on developing students' character strength alongside their academic skills equips them with the tools necessary for success in college preparatory high schools and beyond. By expanding its curriculum to include innovative programs in STEM and robotics, Altus Academy prepares its students for the ever-evolving demands of the modern workforce and higher education.
Through its dedicated approach to education, Altus Academy fosters an environment where students can thrive academically and personally, ultimately shaping the leaders of tomorrow. The academy's mission to cultivate strong character and academic excellence ensures that students are not just prepared for their next steps but are also well-rounded individuals ready to contribute positively to society.
This information is meant to be a general summary of Altus Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,083
- Gross Receipts: $1,228,739
Assets and Liabilities:
- Total Assets: $858,191
- Total Liabilities: $136,190
- Net Assets: $722,001
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES
Revenue
$2,083
Organization Details
Founding Year
2010
Phone
(312) 374-3148Principal Officer
John P Heybach
Main Address
751 S SACRAMENTO, CHICAGO, IL, 60612
Website
www.altusacademy.orgNTEE Category
Code: B24 - Education
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