Elgin Academy
Elgin, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,772,505↑31% | $9,019,353↓1% | $17,687,093↑11% | — |
| 2022 | $8,213,882↑1% | $9,108,298↑24% | $16,000,808↓9% | — |
| 2021 | $8,125,869↓3% | $7,373,665↓10% | $17,506,003↓2% | — |
| 2020 | $8,404,645↓5% | $8,234,031↓5% | $17,837,307↓8% | — |
| 2019 | $8,877,527↑3% | $8,708,868↑3% | $19,337,615↓3% | — |
| 2018 | $8,579,236↓5% | $8,473,305↓5% | $19,939,693↑4% | — |
| 2017 | $9,004,689↑4% | $8,880,662↓4% | $19,229,970↑2% | — |
| 2016 | $8,688,211↓6% | $9,229,383↑2% | $18,894,467↓8% | — |
| 2015 | $9,253,226↓9% | $9,048,041 | $20,465,888↓3% | — |
| 2014 | $10,144,570↓3% | $9,006,632↓5% | $21,139,585↑6% | — |
| 2013 | $10,507,889↑17% | $9,528,349↑3% | $19,883,738↓3% | — |
| 2012 | $8,945,180↓6% | $9,285,609↑4% | $20,451,386↓3% | — |
| 2011 | $9,535,889 | $8,963,427 | $21,179,466 | — |
Frequently Asked Questions
What does Elgin Academy do?▼
Elgin Academy is a education nonprofit organization based in Illinois. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Elgin Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Elgin Academy has a score of 87/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Elgin Academy generate?▼
Elgin Academy reports $5.7M in annual revenue and holds $10.9M in total assets, based on IRS filings.