ELGIN ACADEMY IS A PRESCHOOL THROUGH GRADE 12 INDEPENDENT COLLEGE PREPARATORY, COEDUCATIONAL DAY SCHOOL COMMITTED TO ACADEMIC EXCELLENCE AND DEVELOPING THE FULL POTENTIAL OF EACH OF ITS STUDENTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.9M
-38.1% YoY
Revenue
$5.7M
-47.2% YoY
Net Investment Income
$180K
+2881.4% YoY
Expenses
$8.6M
-4.4% YoY
About Elgin Academy
Based on IRS filings
Elgin Academy is a nonprofit organization focused on Education, based in ELGIN, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.9M in total assets. Net investment income was $180K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,943,324 | $17,687,093 | $16,000,808 |
| Revenue | $5,686,606 | $10,772,505 | $8,213,882 |
| Expenses | $8,618,323 | $9,019,353 | $9,108,298 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $180,492 | $6,054 | $2,309 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE WARREN | VICE CHAIR | 1 | — |
| DANIELLE SMILEY | TRUSTEE | 1 | — |
| LAURA ANDERSON | TRUSTEE | 1 | — |
| SANDY KIRK | TRUSTEE | 1 | — |
| ALAN SCIMECA | CHAIRMAN | 1 | — |
| KEITH RAUSCHENBERGER | TRUSTEE | 1 | — |
| JOHN YAVARI | TRUSTEE | 1 | — |
| RHONDA DWYER | SECRETARY | 1 | — |
| WILLIAM PADULA | TREASURER | 1 | — |
| JAY WITTMEYER | TRUSTEE | 1 | — |
| DAVID HUANG | TRUSTEE | 1 | — |
| COLETTE LANTON | TRUSTEE | 1 | — |
| PRAVEEN MEDIKUNDAM | TRUSTEE | 1 | — |
| RACHEL ZONTS | TRUSTEE | 1 | — |
| SETH HANFORD | HEAD OF SCHOOL | 40 | $114,034 |
| DOUGLAS SEPT | ASSISTANT HEAD OF SCHOOL | 40 | $144,945 |
| PAUL DRUZINSKY | INTERIM HEAD OF SCHOOL | 40 | $120,641 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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