Nonprofit · EIN 83-4055726
YOUNG LEADERS ACADEMY K-8 CORPORATION
Also known as CARELINE ROMAIN
Tax-exempt · BURR RIDGE, IL 60527
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,252,609 | $1,314,623 | -$62,014 | $441,421 | $187,629 | $253,792 |
| June 30, 2024 | 990 | $1,654,705 | $1,456,184 | $198,521 | $638,466 | $69,500 | $568,966 |
| June 30, 2023 | 990 | $1,410,855 | $1,291,034 | $119,821 | $470,614 | $55,691 | $414,923 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $365,046
- Program service revenue
- $319,772
- Investment income
- $0
- Other revenue
- $567,791
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $140,000
- Other salaries and wages
- $162,387
- Salaries, compensation and benefits (total)
- $428,588
- Professional fundraising fees
- $0
- Legal fees
- $7,784
- Accounting fees
- $28,883
- Occupancy
- $209,751
- Travel
- $2,542
- Depreciation
- $6,702
- Program services (functional)
- $819,171
- Management and general (functional)
- $326,766
- Fundraising (functional)
- $28,686
Balance sheet and other
- Total assets, start of year
- $638,466
- Total assets, end of year
- $441,421
- Total liabilities, end of year
- $187,629
- Net assets, end of year
- $253,792
- Land, buildings and equipment
- $65,954
- Net assets without donor restrictions
- $253,792
- Gross receipts
- $1,252,609
- Employees
- 0
- Year formed
- 2018
- State of legal domicile
- FL
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 |
|---|---|---|---|
| CARELINE R ROMAIN | Executive Director Officer, Key employee | 40 | $80,000 |
| 80000 | PRESIDENT Trustee or director | 20 | $0 |
| LISSANDRA GOMEZ | SECRETARY Trustee or director | 15 | $0 |
| ROSE DESOURCES | VICE PRESIDENT Trustee or director | 3.75 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARELINE R ROMAIN | Executive Director Officer, Key employee | 40 | $61,384 |
| JACQUELINE NGUYEN | PRESIDENT Trustee or director | 20 | $0 |
| LISSANDRA GOMEZ | SECRETARY Trustee or director | 15 | $0 |
| ROSE DESOURCES | VICE PRESIDENT Trustee or director | 3.75 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARELINE R ROMAIN | Executive Director Officer | 40 | $73,846 |
| JACQUELINE NGUYEN | PRESIDENT Trustee or director | 20 | $0 |
| LISSANDRA GOMEZ | SECRETARY Trustee or director | 15 | $0 |
| ROSE DESOURCES | VICE PRESIDENT Trustee or director | 3.75 | $0 |
Address and contacts
- Address (IRS master file)
- 7420 S COUNTY LINE RD 16, BURR RIDGE, IL 60527-7947
- Principal officer (990 for 2024)
- Careline R Romain, 1625 NW 166TH AVE, Pompano Beach, FL 33063
- Signed the 990
- Careline R Romain, President
- Phone
- (954) 304-3414
- Website
- ylak8.org
- Return prepared by
- LS Accounting & Tax Svc
Mission
Young Leaders Academy offers students the best of education and entertainment opportunities available in the area. We are glad to take care of every student and university entrant.
Program accomplishments
- OUR ELEMENTARY PROGRAM BEGNS WITH OUR PRESCHOOL AND KINDERGARTEN PROGRAMS THAT PREPARE STUDENTS FOR FIRST GRADE BEYOND. OUR ENTIRE ELEMENTARY PROGRAMS MAIN GOAL IS TO DEVELOP CONFIDENCE AND SELF DISCIExpenses $819,171
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
- 83-4055726
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $441,421
- Income (IRS master file)
- $1,252,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,252,609 | $1,314,623 | $441,421 | XML |
| 990 | June 2024 | $1,654,705 | $1,456,184 | $638,466 | IRS |
| 990 | June 2023 | $1,410,855 | $1,291,034 | $470,614 | XML |
| 990 | June 2022 | $1,362,564 | $1,168,239 | $365,314 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | 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 83-4055726).
Questions about YOUNG LEADERS ACADEMY K-8 CORPORATION
- What is the EIN of YOUNG LEADERS ACADEMY K-8 CORPORATION?
- The employer identification number (EIN) of YOUNG LEADERS ACADEMY K-8 CORPORATION is 83-4055726.
- Is YOUNG LEADERS ACADEMY K-8 CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to YOUNG LEADERS ACADEMY K-8 CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUNG LEADERS ACADEMY K-8 CORPORATION 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 YOUNG LEADERS ACADEMY K-8 CORPORATION 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 YOUNG LEADERS ACADEMY K-8 CORPORATION 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 YOUNG LEADERS ACADEMY K-8 CORPORATION?
- The 990 for the year ended June 30, 2025 names Careline R Romain.
- Who are the officers and directors of YOUNG LEADERS ACADEMY K-8 CORPORATION?
- The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $80,000 (CARELINE R ROMAIN, Executive Director).
- How much revenue does YOUNG LEADERS ACADEMY K-8 CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,252,609, expenses of $1,314,623 and total assets of $441,421 at year end.
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