Nonprofit · EIN 36-3939128
OUR LADY OF THE SACRED HEART BASIC STUDIES
Tax-exempt (reinstated) · ROCKFORD, IL 61101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,806,691 | $1,425,692 | $380,999 | $1,740,825 | $2,178,725 | -$437,900 |
| June 30, 2024 | 990 | $1,175,393 | $1,330,403 | -$155,010 | $1,794,716 | $2,813,727 | -$1,019,011 |
| June 30, 2023 | 990 | $1,032,026 | $1,159,299 | -$127,273 | $1,620,669 | $2,712,299 | -$1,091,630 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,325,391
- Program service revenue
- $478,460
- Investment income
- $0
- Other revenue
- $2,840
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $822,938
- Salaries, compensation and benefits (total)
- $885,893
- Professional fundraising fees
- $0
- Legal fees
- $161
- Accounting fees
- $11,791
- Occupancy
- $146,943
- Depreciation
- $44,000
- Program services (functional)
- $992,506
- Management and general (functional)
- $409,878
- Fundraising (functional)
- $23,308
Balance sheet and other
- Total assets, start of year
- $1,794,716
- Total assets, end of year
- $1,740,825
- Total liabilities, end of year
- $2,178,725
- Net assets, end of year
- -$437,900
- Land, buildings and equipment
- $1,504,161
- Net assets without donor restrictions
- -$437,900
- Gross receipts
- $1,806,691
- Employees
- 17
- Year formed
- 1994
- 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 |
|---|---|---|---|
| CLAIRE M BAGEANIS | SECRETARY Officer | – | $0 |
| LOUIS BAGEANIS | PRESIDENT Officer | – | $0 |
| TERRENCE J DOYLE | TREASURER Officer | – | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAIRE M BAGEANIS | SECRETARY Officer | – | $0 |
| LOUIS BAGEANIS | PRESIDENT Officer | – | $0 |
| TERRENCE J DOYLE | TREASURER Officer | – | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLAIRE M BAGEANIS | SECRETARY Officer | 5 | $0 |
| LOUIS BAGEANIS | PRESIDENT Officer | 5 | $0 |
| TERRENCE J DOYLE | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3445 ELMWOOD RD, ROCKFORD, IL 61101-9529
- In care of
- % CLAIRE BAGEANIS
- Principal officer (990 for 2024)
- LOUIS BAGEANIS, 7151 TRASK BRIDGE ROAD, ROCKFORD, IL 61101
- Signed the 990
- LOUIS BAGEANIS, PRESIDENT
- Phone
- (815) 399-3021
- Return prepared by
- KAIZEN ACCOUNTING AND VALUATION LLC
Mission
PROVIDE A QUALITY INDEPENDENT COLLEGE - PREPARATORY EDUCATION FOR PRE-K - 12 STUDENTS
Program accomplishments
- PROVIDE QUALITY ELEMENTARY AND HIGH SCHOOL EDUCATION FOR STUDENTS
- PROVIDE QUALITY ELEMENTARY AND HIGH SCHOOL EDUCATION FOR STUDENTSExpenses $992,506
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
- 36-3939128
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $1,740,825
- Income (IRS master file)
- $1,806,691
Revocation and reinstatement
- Exemption revoked
- November 15, 2013
- Posted by the IRS
- March 10, 2014
- Reinstated
- Effective November 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,806,691 | $1,425,692 | $1,740,825 | XML |
| 990 | June 2024 | $1,175,393 | $1,330,403 | $1,794,716 | IRS |
| 990 | June 2023 | $1,032,026 | $1,159,299 | $1,620,669 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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 36-3939128).
Questions about OUR LADY OF THE SACRED HEART BASIC STUDIES
- What is the EIN of OUR LADY OF THE SACRED HEART BASIC STUDIES?
- The employer identification number (EIN) of OUR LADY OF THE SACRED HEART BASIC STUDIES is 36-3939128.
- Is OUR LADY OF THE SACRED HEART BASIC STUDIES tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2013 and reinstated it effective November 15, 2013.
- Are donations to OUR LADY OF THE SACRED HEART BASIC STUDIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OUR LADY OF THE SACRED HEART BASIC STUDIES 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 OUR LADY OF THE SACRED HEART BASIC STUDIES 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 OUR LADY OF THE SACRED HEART BASIC STUDIES 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 OUR LADY OF THE SACRED HEART BASIC STUDIES?
- The 990 for the year ended June 30, 2025 names LOUIS BAGEANIS.
- Who are the officers and directors of OUR LADY OF THE SACRED HEART BASIC STUDIES?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does OUR LADY OF THE SACRED HEART BASIC STUDIES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,806,691, expenses of $1,425,692 and total assets of $1,740,825 at year end.
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