Nonprofit · EIN 36-3738243
ACADEMY OF SCHOLASTIC ACHIEVEMENT
Tax-exempt · CHICAGO, IL 60644
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,034,722 | $2,265,801 | -$231,079 | $1,929,147 | $1,467,250 | $461,897 |
| June 30, 2024 | 990 | $2,239,780 | $2,263,796 | -$24,016 | $804,427 | $112,813 | $691,614 |
| June 30, 2023 | 990 | $2,270,072 | $2,431,554 | -$161,482 | $783,174 | $67,544 | $715,630 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,734,483
- Program service revenue
- $18,594
- Investment income
- $73,351
- Other revenue
- $208,294
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,255,524
- Salaries, compensation and benefits (total)
- $1,522,277
- Professional fundraising fees
- $0
- Occupancy
- $40,311
- Depreciation
- $221,472
- Program services (functional)
- $1,733,233
- Management and general (functional)
- $532,568
Balance sheet and other
- Total assets, start of year
- $804,427
- Total assets, end of year
- $1,929,147
- Total liabilities, end of year
- $1,467,250
- Net assets, end of year
- $461,897
- Land, buildings and equipment
- $1,629,040
- Net assets without donor restrictions
- $457,024
- Net assets with donor restrictions
- $4,873
- Gross receipts
- $2,034,722
- Employees
- 24
- Volunteers
- 0
- Year formed
- 1978
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicole Simpson | Executive Director/Principal Key employee, Highest-paid employee | 50 | $158,834 |
| Gladys Simpson | Chief Education Officer Highest-paid employee | 60 | $126,667 |
| Marvin Simpson | Assistant Principal/Operations/Technology Highest-paid employee | 51 | $104,597 |
| Christine Smith | President Trustee or director, Officer | 3 | $0 |
| Otha McCoy II | Secretary Trustee or director, Officer | 3 | $0 |
| Shawntae Harris | Treasurer Trustee or director, Officer | 3 | $0 |
| Stephanie Malave | Director Trustee or director | 3 | $0 |
| Maurice McCoy | Director Trustee or director | 3 | $0 |
| Barbara Minter | Director Trustee or director | 3 | $0 |
| Donald Singleton | Director Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicole Simpson | Chief Executive Officer Highest-paid employee | 40 | $150,412 |
| Gladys B Simpson | Chief Education Officer Key employee | 40 | $120,205 |
| Donald Singleton | Board Member Trustee or director | 3 | $0 |
| Christin Smith | President Trustee or director, Officer | 3 | $0 |
| Ortha McCoy | Secretary Trustee or director, Officer | 3 | $0 |
| Shawntae Harris | Treasurer Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicole Simpson | Principal Highest-paid employee | 40 | $136,891 |
| Donald Singleton | Board Member Trustee or director | 3 | $0 |
| Shawntae Harris | Treasurer Trustee or director, Officer | 3 | $0 |
| Christin Smith | President Trustee or director, Officer | 3 | $0 |
| Ortha McCoy | Secretary Trustee or director, Officer | 3 | $0 |
| Gladys B Simpson | Chief Excutive Officer Key employee | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 4651 W MADISON ST, CHICAGO, IL 60644-3646
- Principal officer (990 for 2024)
- Nicole Simpson, 4651 West Madison, Chicago, IL 60644
- Signed the 990
- Nicole Simpson, Executive Director
- Phone
- (773) 921-1315
- Website
- WWW.ASASchool.org
- Return prepared by
- BENFORD BROWN & ASSOCIATES
Mission
To provide alternative opportunity for disadvantaged students with behavioral issues to complete a high school education and receive social counseling services.
Program accomplishments
- To provide alternative opportunity for disadvantaged students with behavioral issues to complete a high school education and receive social counseling services.Expenses $1,733,233 · revenue $2,034,722
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3738243
- 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
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $1,929,147
- Income (IRS master file)
- $2,034,722
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,034,722 | $2,265,801 | $1,929,147 | XML |
| 990 | June 2024 | $2,239,780 | $2,263,796 | $804,427 | XML |
| 990 | June 2023 | $2,270,072 | $2,431,554 | $783,174 | XML |
| 990 | June 2022 | $2,338,419 | $2,196,204 | $987,749 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 36-3738243).
Questions about ACADEMY OF SCHOLASTIC ACHIEVEMENT
- What is the EIN of ACADEMY OF SCHOLASTIC ACHIEVEMENT?
- The employer identification number (EIN) of ACADEMY OF SCHOLASTIC ACHIEVEMENT is 36-3738243.
- Is ACADEMY OF SCHOLASTIC ACHIEVEMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to ACADEMY OF SCHOLASTIC ACHIEVEMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMY OF SCHOLASTIC ACHIEVEMENT 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 ACADEMY OF SCHOLASTIC ACHIEVEMENT 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 ACADEMY OF SCHOLASTIC ACHIEVEMENT 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 ACADEMY OF SCHOLASTIC ACHIEVEMENT?
- The 990 for the year ended June 30, 2025 names Nicole Simpson.
- Who are the officers and directors of ACADEMY OF SCHOLASTIC ACHIEVEMENT?
- The 990 for the year ended June 30, 2025 lists 10 people; 3 received compensation from the organization, the highest $158,834 (Nicole Simpson, Executive Director/Principal).
- How much revenue does ACADEMY OF SCHOLASTIC ACHIEVEMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,034,722, expenses of $2,265,801 and total assets of $1,929,147 at year end.
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