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The Einstein Academy

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

EIN: 611413612 ✦ Elgin, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Einstein Academy?

The Einstein Academy is a nonprofit educational institution situated at 747 DAVIS RD, Elgin, IL 60123. It serves students from pre-school through twelfth grade, with a specific focus on gifted and talented individuals. The academy's mission is to provide an individualized and nurturing program, aiming to equip these students with the necessary skills and knowledge to become successful members of society and lifelong learners. This nonprofit organization boasts a dedicated workforce of 22 individuals who are committed to ensuring the academic growth and personal development of each student.


Official website here: www.school.einsteinacademy.us/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (61%)

The Einstein Academy has received a rating of "Needs Improvement" from Charity Navigator, with a score of 61%. While the organization excels in some areas, such as having an independent board and a high program expense ratio of 97.76%, it faces significant challenges regarding its accountability and transparency. Notably, it lacks essential policies like conflict of interest, whistleblower, and document retention, which are critical for organizational governance.

User reviews on Great Nonprofits highlight positive aspects of The Einstein Academy, particularly its focus on academically talented students. A board member praised the exceptional staff and curriculum, emphasizing the low student-to-teacher ratio which enhances individualized attention. These strengths contribute positively to the educational experience offered at the academy.

However, the organization's financial management raises concerns, as indicated by its liabilities to assets ratio of 184.55%, signifying potential financial instability. The combination of strong educational outcomes and financial oversight issues suggests that while The Einstein Academy has commendable educational initiatives, it must address its governance and financial practices to improve its overall standing and sustainability.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about The Einstein Academy?

84% of the 10 reviewers on Facebook recommend The Einstein Academy. Here is a summary of their reviews:

The organization is praised for creating a nurturing atmosphere that prioritizes the growth and development of young learners. Many comments highlight the genuine care and dedication exhibited by the staff, which contributes significantly to a supportive learning environment.

Overall, the sentiments expressed indicate a strong appreciation for the academy's commitment to fostering intellectual curiosity and personal growth, making it a favorable choice for families seeking educational opportunities for their children.


This AI summary has been generated from reviews found on Facebook.

Is The Einstein Academy legitimate?

The Einstein Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Einstein 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: $391,688

For more financial information, click here


Official website here: www.school.einsteinacademy.us/

What is the mission statement of The Einstein Academy?

The Einstein Academy's mission is to establish an individualized and nurturing program aimed at cultivating the skills and knowledge of gifted and talented students. This program is designed to equip these students with the necessary tools to become productive members of society and lifelong learners. The academic institution strives to foster an environment that encourages the growth of these students, enabling them to reach their full potential. The Einstein Academy places a strong emphasis on nurturing these students, ensuring they develop a strong foundation for their future success in various aspects of life.


Official website here: www.school.einsteinacademy.us/

Who is the CEO of The Einstein Academy?

Cathy Ilani is the President of The Einstein Academy.


Official website here: www.school.einsteinacademy.us/

What is the revenue of The Einstein Academy?

The Einstein Academy's revenue in 2022 was $735,439.


Official website here: www.school.einsteinacademy.us/

Who are the executives of The Einstein Academy and what are their salaries?

The average compensation at The Einstein Academy during 2022 was $17,804. There are 22 employees and 15 volunteers at The Einstein Academy.


Here are 5 key members and their salaries:


Cathryn Iliani (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Bolerjack (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Neil (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ezra Iliani (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Kumar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.school.einsteinacademy.us/

Where can I find the form 990 for The Einstein Academy?

The Einstein Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.school.einsteinacademy.us/

Learn more at the official website: www.school.einsteinacademy.us/

Mission Statement of The Einstein Academy

The Einstein Academy, a renowned educational institution, is committed to implementing an individualized and nurturing program. This program is meticulously designed to cater to the needs of gifted and talented students. The Academy's mission is to equip these students with the necessary skills and knowledge required to become productive members of society and lifelong learners. By providing a comprehensive and personalized educational experience, The Einstein Academy aims to foster the growth of these exceptional individuals, preparing them for success in various aspects of life.

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Impact




July, 2024

The Einstein Academy's impact lies in its commitment to implementing an individualized and nurturing program that equips gifted and talented students with the skills and knowledge necessary to thrive as productive members of society and lifelong learners. Through its educational program serving students from pre-school through twelfth grade in Elgin, IL, The Einstein Academy is making a tangible difference in the lives of gifted students by providing them with a supportive and challenging academic environment tailored to their unique needs and abilities. This focus on personalized education fosters intellectual growth, personal development, and the cultivation of a lifelong passion for learning among its students, ultimately shaping them into future leaders and contributors to society.




This information is meant to be a general summary of The Einstein 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
$735,439 (2022)
201120122013201420152016201720182019202020212022$0$650k$1.3M$1.95M$2.6M
Expenses
$718,724 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Efficiency
2011201220132014201520162017201820192020202120220%20%40%60%81%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $557,533
  • Gross Receipts: $735,439

Assets and Liabilities:

  • Total Assets: $2,152,197
  • Total Liabilities: $3,634,610
  • Net Assets: -$1,482,413

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$475,811

AUXILIARY PROGRAM FEES

Revenue

$81,722

Organization Details

Founding Year

2002

Principal Officer

Cathy Ilani

Main Address

747 DAVIS RD, ELGIN, IL, 60123

NTEE Category

Code: B20 - Education

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