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Morgan Park Academy

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

EIN: 361502650 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Morgan Park Academy?

Morgan Park Academy is a private, independent school situated in Chicago, Illinois, with a postal code of 60643. The school caters to students from preschool to grade 12, boasting an enrollment of approximately 485 students. As a nonprofit institution, its mission is to provide high-quality education, fostering an environment that encourages intellectual growth, personal development, and social responsibility. The school employs a team of 161 individuals dedicated to nurturing and shaping the future leaders of tomorrow.


Official website here: www.morganparkacademy.org

Is Morgan Park Academy legitimate?

Morgan Park Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgan Park Academy 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: $231,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,156,034

For more financial information, click here


Official website here: www.morganparkacademy.org

What is the mission statement of Morgan Park Academy?

Morgan Park Academy operates as a private independent school, catering to students from preschool to grade 12. Their mission is to provide education for this age range, ensuring approximately 485 students receive a quality education within their institution. While the provided information does not explicitly state a mission statement in detail, it can be inferred that Morgan Park Academy aims to offer a comprehensive educational experience to its students, fostering their growth and development throughout their formative years.


Official website here: www.morganparkacademy.org

Who is the CEO of Morgan Park Academy?

Kishore Paluri is the Board President of Morgan Park Academy.


Official website here: www.morganparkacademy.org

What is the revenue of Morgan Park Academy?

Morgan Park Academy's revenue in 2022 was $9,629,614.


Official website here: www.morganparkacademy.org

Who are the executives of Morgan Park Academy and what are their salaries?

The average compensation at Morgan Park Academy during 2022 was $27,251. There are 161 employees and 100 volunteers at Morgan Park Academy.

Here are 11 key members and their salaries:

    Mercedes Sheppard (Head Of School)
  • Compensation: $220,294
  • Related: $0
  • Other: $11,015

    • Louis Saggione Jr (Director Of Bldgs & Ground)
  • Compensation: $114,539
  • Related: $0
  • Other: $23,172

    • Vincent Hermosilla (Assistant Head Of School)
  • Compensation: $110,142
  • Related: $0
  • Other: $999

    • Heidi Yernberg (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Durbin-Odom (Board Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Torrence Moore (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Crawford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Delaney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin Norington-Reaves (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elgie Sims (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kishore Paluri (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.morganparkacademy.org

    Where can I find the form 990 for Morgan Park Academy?

    The Morgan Park Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.morganparkacademy.org

    Learn more at the official website: www.morganparkacademy.org

    Mission Statement of Morgan Park Academy

    Morgan Park Academy, as a private independent school, serves students from preschool to twelfth grade. Its mission is to operate an educational institution that caters to the learning needs of these students, providing them with a comprehensive education from preschool through high school. With approximately 485 students enrolled, the academy is committed to providing a quality education that prepares its students for future academic and personal endeavors.

    Impact

    This information is meant to be a general summary of Morgan Park Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Morgan Park Academy's impact is primarily seen in the field of education, where it operates as a private independent school for preschool through grade 12 in Chicago, IL. With approximately 485 students, the academy plays a significant role in providing a quality educational experience to a diverse group of learners. Its mission to offer excellence in education and develop well-rounded individuals underscores the positive influence it has on the students, the local community, and the broader educational landscape. Through its commitment to academic rigor, character development, and fostering a supportive learning environment, Morgan Park Academy contributes to shaping the future leaders and professionals of tomorrow.





    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: $19,287
  • Program Service Revenue: $9,077,573
  • Gross Receipts: $10,115,704

    • Assets and Liabilities:
  • Total Assets: $7,353,923
  • Total Liabilities: $4,339,892
  • Net Assets: $3,014,031
  • Programs

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

    TUITION

    Revenue

    $8,845,001

    ACTIVITIES & SERVICES

    Revenue

    $232,572

    Organization Details

    Founding Year

    1942

    Principal Officer

    Kishore Paluri

    Main Address

    2153 WEST 111TH STREET, CHICAGO, IL, 60643

    NTEE Category

    Code: B24Z - Education

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