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Northern Kane Educational Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202059533 ✦ Pingree grove, IL ✦ Designated as a 501(c)(3)

Overview

What is Northern Kane Educational Corp?

Northern Kane Educational Corp is a nonprofit organization situated in Pingree Grove, Illinois. Their primary mission is to promote lifelong, high achievement learning. By addressing financial, space, and educational delivery challenges within a large school district, they aim to provide alternative community school choices for families. The corporation operates two educational programs: Cambridge Lakes Charter School, catering to students from kindergarten to eighth grade, and Cambridge Lakes Academy for students from kindergarten to twelfth grade. During the 2021-22 school year, approximately 630 students were enrolled, demonstrating their impact in the district. With a dedicated workforce of 139 individuals, Northern Kane Educational Corp is committed to fostering educational growth and development in its community.


Is Northern Kane Educational Corp legitimate?

Northern Kane Educational Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Kane Educational Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $322,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,175,364

For more financial information, click here


What is the mission statement of Northern Kane Educational Corp?
Who is the CEO of Northern Kane Educational Corp?
What is the revenue of Northern Kane Educational Corp?
Who are the executives of Northern Kane Educational Corp and what are their salaries?
Where can I find the form 990 for Northern Kane Educational Corp?

Mission Statement of Northern Kane Educational Corp

Northern Kane Educational Corp is committed to facilitating lifelong, high achievement learning. This mission involves addressing ongoing financial, spatial, and educational delivery challenges within a large school district. In simpler terms, the organization works tirelessly to ensure that students in a large school district have the opportunity to achieve academically throughout their lives, while continuously overcoming financial, space, and educational delivery obstacles.

The organization's efforts are demonstrated through the operation of Cambridge Lakes Charter School, which offers an alternative community school choice for District 300 families. This includes students from kindergarten to eighth grade, as well as those attending Cambridge Lakes Academy from kindergarten to twelfth grade. During the 2021-22 school year, approximately 630 students were enrolled, underscoring the organization's impact on the local educational landscape. By providing an alternative learning environment, Northern Kane Educational Corp is dedicated to helping students in its district reach their full potential, despite any challenges they may face.

Impact

This information is meant to be a general summary of Northern Kane Educational Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

Northern Kane Educational Corp, through its Cambridge Lakes Charter School and Cambridge Lakes Academy, provides a valuable alternative community school choice for families within District 300 in Pingree Grove, IL. By enrolling approximately 630 students during the 2021-22 school year, the organization is actively addressing financial, space, and educational delivery issues within the district. This initiative facilitates lifelong, high achievement learning opportunities for students from kindergarten through twelfth grade, making a tangible impact on the education landscape in the area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23,639
  • Program Service Revenue: $9,145,773
  • Gross Receipts: $9,210,724

    • Assets and Liabilities:
  • Total Assets: $19,123,044
  • Total Liabilities: $18,030,903
  • Net Assets: $1,092,141
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CHARTER SCHOOL TUITION

    Revenue

    $7,753,963

    LUNCH FEES

    Revenue

    $387,051

    SPECIAL EDUCATION REIM

    Revenue

    $339,071

    PRESCHOOL TUITION

    Revenue

    $284,864

    SCHOOL'S OUT PROGRAM

    Revenue

    $178,995

    Organization Details

    Founding Year

    2004

    Principal Officer

    Paul A Troy

    Main Address

    900 WESTER BOULEVARD, PINGREE GROVE, IL, 60140

    NTEE Category

    Code: B29 - Education

    If you are a representative of Northern Kane Educational Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.