Nonprofit · EIN 88-0696399
SOLON ACADEMY INC
Tax-exempt · SOLON, OH 44139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $813,352 | $896,381 | -$83,029 | $375,941 | $827,509 | -$451,568 |
| June 30, 2024 | 990 | $629,108 | $720,974 | -$91,866 | $286,497 | $655,036 | -$368,539 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $813,352
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $215,229
- Salaries, compensation and benefits (total)
- $322,996
- Professional fundraising fees
- $0
- Legal fees
- $41,000
- Accounting fees
- $28,860
- Occupancy
- $153,502
- Depreciation
- $6,751
- Program services (functional)
- $896,381
Balance sheet and other
- Total assets, start of year
- $286,497
- Total assets, end of year
- $375,941
- Total liabilities, end of year
- $827,509
- Net assets, end of year
- -$451,568
- Land, buildings and equipment
- $11,800
- Net assets without donor restrictions
- -$451,568
- Gross receipts
- $813,352
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- OH
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 |
|---|---|---|---|
| Gregory Wheeler | Board Member Trustee or director | 1 | $1,125 |
| Chari Bosman | Boad President Trustee or director | 2 | $1,125 |
| Amy Allen | Board Member Trustee or director | 1 | $1,000 |
| Sharonda Gilbert | Board Member Trustee or director | 1 | $1,000 |
| Kevin Cook | Board Member Trustee or director | 1 | $750 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amy Allen | Board Member Trustee or director | 1 | $875 |
| Gregory Wheeler | Board Member Trustee or director | 1 | $875 |
| Chari Bosman | Boad President Trustee or director | 2 | $750 |
| Kevin Cook | Board Member Trustee or director | 1 | $625 |
| Diana Rosa | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 32800 SOLON RD, SOLON, OH 44139-2807
- In care of
- % BOARD OF DIRECTORS
- Principal officer (990 for 2024)
- C David Massa, 1030 N Main Street, North Canton, OH 44720
- Signed the 990
- C David Massa, Treasurer
- Phone
- (440) 201-3872
Mission
Our mission is to promote the academic, emotional, and physical development of our students through the promotion of teamwork, sportsmanship and athletic competition. By developing these skills, student-athletes will become confident and capable contributing members of our community.
Program accomplishments
- We teach an Ohio Standards-based curriculum and individualize instruction to each student by assessing students on a bi-weekly schedule to know if a student is working ahead, falling behind, or right on track. We teach our core subjects of English Language Arts, Math, Social Studies & Science.Expenses $896,381 · grants $82,852 · revenue $813,352
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
- 88-0696399
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $375,941
- Income (IRS master file)
- $813,352
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $166,891 | $443,564 | $56,701 | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SOLON ACADEMY INC
- What is the EIN of SOLON ACADEMY INC?
- The employer identification number (EIN) of SOLON ACADEMY INC is 88-0696399.
- Is SOLON ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to SOLON ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOLON ACADEMY INC 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 SOLON ACADEMY INC 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 SOLON ACADEMY INC 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 SOLON ACADEMY INC?
- The 990 for the year ended June 30, 2025 names C David Massa.
- Who are the officers and directors of SOLON ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 5 received compensation from the organization, the highest $1,125 (Gregory Wheeler, Board Member).
- How much revenue does SOLON ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $813,352, expenses of $896,381 and total assets of $375,941 at year end.
Other nonprofits in SOLON
- ALPHA PHI INTERNATIONAL FRATERNITY INC EIN 46-2605252 · last filed 990-EZ for 2025
- SOLON ACADEMIC BOOSTERS CLUB EIN 34-1932039 · last filed 990-EZ for 2025
- SOLON ATHLETIC BOOSTERS EIN 34-1255058 · last filed 990 for 2024
- OHIO DIVAS FOR HBCUS EIN 92-1533253 · last filed 990-EZ for 2024
- INSPIRE GIRLS ACADEMY EIN 47-4847031 · last filed 990-EZ for 2025
- CREATIVE EDUCATION INSTITUTE INC EIN 34-1731515 · last filed 990 for 2025
- UNIVERSITY OF NIGERIA MEDICAL ALUMNI ASSOCIATION EIN 92-2424699 · last filed 990-EZ for 2025
- IVY EDUCATION FOUNDATION INC EIN 39-4467410 · last filed 990-N for 2025