Friends Of Stone Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320282764 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Stone Academy?

Friends of Stone Academy is a dedicated nonprofit organization based in Chicago. In the fiscal year 2011, they committed to channeling all funds raised towards enhancing academic and curricular programs for the 2012-2013 academic year. This initiative would positively impact 626 Chicago Public School students attending Stone Academy, with 60% of them coming from economically challenged backgrounds. Beyond finance, the organization also contributes to general administration expenses. Their primary mission is to support and empower these students, providing them with the necessary tools for educational growth.


Official website here: www.stoneacademy.net

Is Friends Of Stone Academy legitimate?

Friends Of Stone Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Stone Academy submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.stoneacademy.net

What is the mission statement of Friends Of Stone Academy?

Friends of Stone Academy's mission, in the fiscal year 2011, was to allocate all the funds raised towards enhancing the academic and curricular programs for the 2012-2013 academic year. This benefited 626 students attending Stone Academy, a Chicago Public School, with 60% of them coming from poverty-stricken backgrounds. These funds were primarily utilized for administrative purposes as well.


Official website here: www.stoneacademy.net

What is the revenue of Friends Of Stone Academy?

Friends Of Stone Academy's revenue in 2024 was $58,803.


Official website here: www.stoneacademy.net

Who are the executives of Friends Of Stone Academy and what are their salaries?

Here are 4 key members and their salaries:


Megan Knee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caryn Silcock (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Silvie Fankhauser (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Fletcher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stoneacademy.net

Where can I find the form 990EZ for Friends Of Stone Academy?

Friends Of Stone Academy's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.stoneacademy.net

Learn more at the official website: www.stoneacademy.net

Mission Statement of Friends Of Stone Academy

Friends of Stone Academy, a nonprofit organization, dedicates 100% of the funds raised during their fiscal year 2011 to enriching the academic and curricular programs for the upcoming 2012-2013 academic year. This benevolent initiative directly benefits 626 students attending Stone Academy, a Chicago Public School. Notably, 60% of these students come from impoverished backgrounds. The funds raised are primarily utilized for administrative purposes, ensuring that the maximum possible amount is channeled towards educational programs. By doing so, Friends of Stone Academy contributes significantly to the educational development of these children, thereby providing them with a better opportunity to overcome their socio-economic challenges and succeed in their academic pursuits.

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Impact




August, 2024

Friends of Stone Academy's impact is significant in supporting academic and curricular programs for 626 Chicago Public School students at Stone Academy. A notable aspect of their work is that 60% of these students come from low-income backgrounds. By directing 100% of funds raised towards these programs, the organization is directly contributing to the educational enrichment of these students, ultimately helping to address educational inequalities in the Chicago area. The focus on providing resources to students in need demonstrates a commitment to creating a more equitable learning environment and offering opportunities for success to those who may face additional challenges.




This information is meant to be a general summary of Friends Of Stone 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.

Revenue
$58,803 (2024)
Expenses
$33,837 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $123,362

Assets and Liabilities:

  • Total Assets: $198,538
  • Total Liabilities: $0
  • Net Assets: $198,538

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Organization Details

Principal Officer

Megan Knee

NTEE Category

Code: B94 - Education

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