Ryan Banks Academy
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 03/2016
- Data as of
- 06/2023
- EIN
- 47-3666107
Organization Overview
Ryan Banks Academy is located in Chicago, IL. The organization was established in 2016. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Ryan Banks Academy employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ryan Banks Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Ryan Banks Academy generated $39.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $300.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE RYAN BANKS ACADEMY'S PRIMARY PROGRAM SERVICE ACCOMPLISHMENT IS TO PROVIDE A HIGH-QUALITY, FUTURE-FACING STEAM CURRICULUM WITH AN INTEGRATED SOCIAL-EMOTIONAL EDUCATION IN ORDER TO PROPEL STUDENTS OUT OF POVERTY AND INTO THE NEXT GENERATION OF LEADERS, THINKERS, AND WORLD-CHANGERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Zeiler Board Chair | 2 | $0 | |
Karen Swaback Operations Director | 40 | $0 | |
Lionel Allen Director | 2 | $0 | |
Kevin Berry Director | 2 | $0 | |
Tom Churchwell Director | 2 | $0 | |
Alton Harris Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,595 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,595 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,795 |
| Professional fees and other payments to independent contractors | $30,975 |
| Occupancy, rent, utilities, and maintenance | $3,539 |
| Printing, publications, postage, and shipping | $411 |
| Other expenses | $235,728 |
| Total expenses | $300,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |