Overview
What is Ridge Academy?
Ridge Academy is a nonprofit organization situated in Evergreen Park, Illinois, specifically at 9949 S St Louis, with just one employee. Their primary mission is to offer a nurturing and open educational environment for elementary school children. Unfortunately, the organization had to sell its building, with the lender permitting them to retain ownership during the sale process. This period involved paying various expenses such as insurance and utilities, some of which were later reimbursed upon the building's sale. Regrettably, the sale price was lower than the mortgage amount, resulting in an outstanding debt. Despite these financial challenges, Ridge Academy remains committed to providing a loving and enriching educational experience for its young students.
Is Ridge Academy legitimate?
Ridge Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridge 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,987
For more financial information, click here
What is the mission statement of Ridge Academy?
Ridge Academy's mission is centered around offering a nurturing and inclusive educational environment for elementary school children. The organization strives to provide an education that is open and filled with love, aiming to foster a positive learning experience for its young students. Despite facing financial challenges, which led to the sale of its building, the organization's commitment to its mission remained unwavering. During the transition period, Ridge Academy ensured that necessary expenses, such as insurance and utilities, were covered.
Who is the CEO of Ridge Academy?
Kenneth Koll is the Teacher of Ridge Academy.
What is the revenue of Ridge Academy?
Ridge Academy's revenue in 2020 was $11,750.
Who are the executives of Ridge Academy and what are their salaries?
The average compensation at Ridge Academy during 2020 was $4,987. There is 1 employee at Ridge Academy.
Here are 4 key members and their salaries:
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ridge Academy?
Ridge Academy's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Ridge Academy
Ridge Academy, a nonprofit organization, is committed to providing an nurturing and loving educational environment for elementary school children. Their mission is to foster a learning atmosphere that caters to the unique needs of these young learners, ensuring they receive a well-rounded education. The organization strives to create a nurturing environment where every child feels valued and supported, enabling them to grow both academically and personally.
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Impact
August, 2024
Ridge Academy's impact lies in its commitment to providing an open and loving education for elementary school children in Evergreen Park, Illinois. Despite facing financial challenges, such as the sale of their building for less than the mortgage owed, the organization persevered in its mission to nurture young minds. Through their dedication to education, Ridge Academy has positively influenced the lives of many students and contributed to the community's educational landscape.
This information is meant to be a general summary of Ridge 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 2020.
- Gross Receipts: $11,750
Assets and Liabilities:
- Total Assets: $69,367
- Total Liabilities: $23,624
- Net Assets: $45,743
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Organization Details
Founding Year
2000
Phone
(708) 945-4045Principal Officer
Kenneth Koll
Main Address
9949 S St Louis, Evergreen Park, IL, 60805
NTEE Category
Code: B24 - Education
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