Inheritance Academy is located in Mundelein, IL. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inheritance Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EFFORTS TO ORGANIZE AND HIRE A HEAD OF SCHOOL WERE UNSUCCESSFUL AND WE ARE TERMINATING OUR EFFORTS ALL ASSETS WILL BE DISBURSETO ANOTHER NON-PROFIT IN 2024
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Stanczyk Founder And Board Member | 3 | $0 | |
Patrick D Schwartz Secretary And Board Member | 1 | $0 | |
Daniel Mackinney Vice President And Board Member | 1 | $0 | |
Daniel Foote Board Member | 1 | $0 | |
Jennifer Burns Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,298 |
| 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 | $6,298 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,798 |
| Other assets | $0 |
| Total assets | $18,798 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,798 |