EIN 84-1737086

The Academy Group

IRS 501(c) type
501(c)(3)
Num. employees
38
Year formed
2019
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Academy Group unlocks opportunities for young people from resilient communities to become economic, educational, and social change agents by fueling their potential. They build a financial literacy foundation through experiential learning models that include exploring budgeting, investments, real estate, and entrepreneurship. The Academy Group is located in Chicago, IL.
Also known as...
Yield
Total revenues
$4,192,008
2023
Total expenses
$6,792,511
2023
Total assets
$534,354
2023
Num. employees
38
2023

Program areas at The Academy Group

The Academy chicago (Academy) works with families from 65+ schools across chicago, including neighborhood, magnet, charter, and selective institutions. 95% of The students we serve are black and brown and we will continue to expand our reach to support young people from chicago's most resilient communities. In addition, we serve young adults who attend a broad range of colleges and universities.over a fourteen-year journey, The Academy guides students through intense interdisciplinary exploration of business, justice, wealth creation, and leadership. Programming at The Academy is rigorous, personalized, and cumulative. We reinforce core skills that accelerate academic progress, putting students on track to reach ambitious educational and career milestones.
The amplify chicago (amplify) program is a wealth-building pathway integrating career, leadership, and entrepreneurship for 20 to 26- year-old young men and women from underserved communities that have been disproportionately impacted by violence, criminal activity, economic disruption, and educational disinvestment.amplify's holistic approach to closing The opportunity gap is grounded in transformative relationships and designed to accelerate business, academic, social, and emotional growth. Through The intensive internship and apprenticeship model, participants earn industry credentials, build investment portfolios, address trauma, set personal and professional goals, and transition into career and entrepreneurial pathways.

Who funds The Academy Group

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fifth Third Chicagoland FoundationCommunity$20,000

Personnel at The Academy Group

NameTitleCompensation
Gregory JonesChief Executive Officer, Academy Chicago |
Ted ChristiansChief Executive Officer, Amplify Chicago |$86,905
Quentin SupportsChief Operating Officer
Carmen L. EchevarriaChief of Staff and Accountability Officer
Latonia ArnoldChief of Organizational Effectiveness and Culture |
...and 13 more key personnel

Financials for The Academy Group

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,189,304
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,704
Total revenues$4,192,008

Form 990s for The Academy Group

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062024-01-25990View PDF
2021-062024-01-29990EZView PDF
2020-122023-05-18990View PDF

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Data update history
July 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
June 5, 2024
Posted financials
Added Form 990EZ for fiscal year 2021
June 2, 2024
Updated personnel
Identified 12 new personnel
May 23, 2024
Updated personnel
Identified 5 new personnel
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Provides scholarshipsTax deductible donationsAccepts online donations
General information
Address
900 N N Branch St Ste 2
Chicago, IL 60642
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
theacademygroup.com/ 
Phone
(312) 964-0041
IRS details
EIN
84-1737086
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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