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Nonprofit · EIN 36-3196542

CREATIVE CHILDRENS ACADEMY

Also known as QUEST ACADEMY

Tax-exempt · PALATINE, IL 60067

Financials

$7M$6.4M2023$7.5M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of CREATIVE CHILDRENS ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,513,272$6,642,034$871,238$14,537,730$6,156,865$8,380,865
June 30, 2024990$7,011,786$6,382,557$629,229$13,480,860$6,029,216$7,451,644
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$475,827
Program service revenue
$6,909,056
Investment income
$105,165
Net rental income
-$182,301
Net gain from sales of assets
-$24,929
Net income from fundraising events
$142,974
Other revenue
$23,224

Expenses

Grants and similar amounts paid
$684,170
Compensation of officers, directors and key employees
$204,571
Other salaries and wages
$3,416,144
Salaries, compensation and benefits (total)
$4,318,105
Professional fundraising fees
$0
Accounting fees
$25,400
Depreciation
$361,929
Program services (functional)
$5,522,044
Management and general (functional)
$965,911
Fundraising (functional)
$154,079

Balance sheet and other

Total assets, start of year
$13,480,860
Total assets, end of year
$14,537,730
Total liabilities, end of year
$6,156,865
Net assets, end of year
$8,380,865
Land, buildings and equipment
$7,494,853
Publicly traded securities
$2,375,734
Net assets without donor restrictions
$7,990,968
Net assets with donor restrictions
$389,897
Gross unrelated business income
-$188,037
Gross receipts
$8,196,342
Employees
82
Volunteers
74
Year formed
1982
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
VICKI PHELPSHEAD OF SCHOOL
Trustee or director, Officer
60$204,570$906
AMANDA DAVEYDIRECTOR OF ACADEMICS & STUDENT AFFAIRS
Highest-paid employee
40$108,292$15,707
PATRICIA WYNNDIRECTOR OF FINANCE & OPER
Officer
40$103,662$17,909
NADER QAIMARICHAIR
Trustee or director, Officer
4$0$0
VALERIE CAMPBELLTRUSTEE
Trustee or director
2$0$0
LUKE PRAXMARERTREASURER
Trustee or director, Officer
2$0$0
DON MITCKESSSECRETARY
Trustee or director, Officer
2$0$0
SEDHU KRISHNAMURTHYTRUSTEE
Trustee or director
2$0$0
DOMINIQUE KENDRICKTRUSTEE
Trustee or director
2$0$0
BRAD SCHULMANVICE CHAIR
Trustee or director, Officer
2$0$0
JORGE SEOANETRUSTEE
Trustee or director
2$0$0
SEEMA AWATRAMANITRUSTEE
Trustee or director
2$0$0
AMY BYRNETRUSTEE
Trustee or director
2$0$0
DEEPIKA DUGGIRALATRUSTEE
Trustee or director
2$0$0
JORDAN SADOFFTRUSTEE
Trustee or director
2$0$0
2 more people on this return
NameTitleHours / weekCompensation
GEORGE REICHLTRUSTEE
Trustee or director
2$0
AMJAD SAFVITRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
BRIAN FRANKHEAD OF SCHOOL (UNTIL 6/30/2023)
Highest-paid employee
60$107,128$11,982
AMANDA DAVEYDIRECTOR OF ACADEMICS & STUDENT AFFAIRS
Highest-paid employee
40$104,501$13,578
PATRICIA WYNNDIRECTOR OF FINANCE & OPER
Officer
40$101,409$16,119
VICKI PHELPSHEAD OF SCHOOL
Trustee or director, Officer
60$110,076$0
NADER QAIMARICHAIR
Trustee or director, Officer
4$0$0
VALERIE CAMPBELLTRUSTEE
Trustee or director
2$0$0
LUKE PRAXMARERTREASURER
Trustee or director, Officer
2$0$0
DON MITCKESSSECRETARY
Trustee or director, Officer
2$0$0
SEDHU KRISHNAMURTHYTRUSTEE
Trustee or director
2$0$0
DOMINIQUE KENDRICKTRUSTEE
Trustee or director
2$0$0
BRAD SCHULMANVICE CHAIR
Trustee or director, Officer
2$0$0
JORGE SEOANETRUSTEE
Trustee or director
2$0$0
SEEMA AWATRAMANITRUSTEE
Trustee or director
2$0$0
AMY BYRNETRUSTEE
Trustee or director
2$0$0
DAN LYNETRUSTEE
Trustee or director
2$0$0
JORDAN SADOFFTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
500 N BENTON ST, PALATINE, IL 60067-3564
In care of
% CREA
Principal officer (990 for 2024)
PATRICIA WYNN, 500 N BENTON ST, PALATINE, IL 60067
Signed the 990
PATRICIA WYNN, CHIEF FINANCIAL OFFICER
Phone
(847) 202-8035
Return prepared by
PASQUESI SHEPPARD LLC

Mission

QUEST ACADEMY IS AN INDEPENDENT SCHOOL WHICH PROVIDES AN INTELLECTUALLY RICH ENVIRONMENT OF ACADEMICS AND ART FOR GIFTED STUDENTS AGES 3-14.

990 for the year ended June 30, 2025

Program accomplishments

  • QUEST ACADEMY IS AN ELEMENTARY/MIDDLE SCHOOL FOR APPROXIMATELY 260 INTELLECTUALLY GIFTED AND CREATIVELY TALENTED CHILDREN.
    Expenses $5,522,044 · grants $684,170 · revenue $6,914,792

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-3196542
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B27Z)
Assets (IRS master file)
$14,537,730
Income (IRS master file)
$8,196,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,513,272$6,642,034$14,537,730XML
990-TJune 2025–––IRS
990June 2024$7,011,786$6,382,557$13,480,860XML
990-TJune 2024–––IRS
990June 2023$6,583,319$6,278,533$13,085,635IRS
990-TJune 2023–––IRS
990June 2022$6,445,252$5,975,127$12,341,159IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3196542).

Questions about CREATIVE CHILDRENS ACADEMY

What is the EIN of CREATIVE CHILDRENS ACADEMY?
The employer identification number (EIN) of CREATIVE CHILDRENS ACADEMY is 36-3196542.
Is CREATIVE CHILDRENS ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to CREATIVE CHILDRENS ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CREATIVE CHILDRENS ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CREATIVE CHILDRENS ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CREATIVE CHILDRENS ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CREATIVE CHILDRENS ACADEMY?
The 990 for the year ended June 30, 2025 names PATRICIA WYNN.
Who are the officers and directors of CREATIVE CHILDRENS ACADEMY?
The 990 for the year ended June 30, 2025 lists 17 people; 3 received compensation from the organization, the highest $204,570 (VICKI PHELPS, HEAD OF SCHOOL).
How much revenue does CREATIVE CHILDRENS ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,513,272, expenses of $6,642,034 and total assets of $14,537,730 at year end.

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