Elgin Charter School Initiative
Elgin, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
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
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $7,577,320↑16% | $8,072,515↑21% | $18,520,628↓4% | |
| 2023 | $6,526,637↑12% | $6,687,299↑22% | $19,222,973↑66% | — |
| 2022 | $5,817,869↓14% | $5,501,310↑41% | $11,546,145↑21% | — |
| 2021 | $6,777,954↑96% | $3,911,948↑15% | $9,575,876↑474% | — |
| 2020 | $3,453,051↑21% | $3,390,926↑30% | $1,667,562↑95% | — |
| 2019 | $2,857,896↑682% | $2,599,448↑1156% | $856,444↑312% | — |
| 2018 | $365,545 | $207,029 | $208,078 | — |
Frequently Asked Questions
What does Elgin Charter School Initiative do?▼
Elgin Charter School Initiative is a education nonprofit organization based in Illinois. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Elgin Charter School Initiative financially healthy?▼
Based on our 9-metric Financial Health Score model, Elgin Charter School Initiative has a score of 57/100 (Grade: B). 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 Charter School Initiative generate?▼
Elgin Charter School Initiative reports $8.0M in annual revenue and holds $18.4M in total assets, based on IRS filings.