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Illinois · Nonprofit

GLENWOOD ACADEMY

GLENWOOD ACADEMY (Illinois) receives grants from 100 organizations whose IRS filings report $21,865,437 to it, the largest being The Chicago Community Trust ($7,652,816). 46 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$7.9M
Funders on record
100
Grants received
$22M
Net assets
$77M
46/100 repeat funderspeak grant-dependency 53%
01What it does

What Glenwood Academy does

Mission

Glenwood Academy eradicates poverty, injustice, and inequality through the power of residential education.

As stated on its FY2024 Form 990.

Program

  1. Residential education 2-8 gradeto provide a high quality education and residential program for students from lower income and single-parent familites, who seek a positive alternative to home and community situations which impede opportunities to achieve their potential

    $3,328,754 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,328,754.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($13M) Expenses 100 ($5.2M) Net assets 100 ($40M)2018 Revenue 58 ($7.5M) Expenses 91 ($4.7M) Net assets 110 ($44M)2019 Revenue 45 ($5.8M) Expenses 114 ($5.9M) Net assets 138 ($55M)2020 Revenue 30 ($3.8M) Expenses 78 ($4.0M) Net assets 146 ($58M)2021 Revenue 79 ($10M) Expenses 73 ($3.8M) Net assets 173 ($70M)2022 Revenue 65 ($8.4M) Expenses 75 ($3.9M) Net assets 163 ($65M)2023 Revenue 53 ($6.8M) Expenses 89 ($4.6M) Net assets 173 ($70M)2024 Revenue 61 ($7.9M) Expenses 96 ($5.0M) Net assets 192 ($77M)
'17'18'19'20'21'22'23'24
Revenue (61)Expenses (96)Net assets (192)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $78M to $88M (+12%).

$71M
$73M
$74M
$78M
$88M
$84M
$88M
$95M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 0% · 2021 2% · 2022 0% · 2023 3% · 2024 8%. Grants only. Government contracts and fees sit inside program revenue.

68% of GLENWOOD ACADEMY’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$7.7M
’17
$2.7M
’18
−$140k
’19
−$207k
’20
$6.4M
’21
$4.5M
’22
$2.2M
’23
$2.9M
’24
4.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed2830282728283130
Joined·+4+2+0+1+0+5+0
No longer listed·2410021
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 23 funders to 30 funders, grant income fell $6.8M → $2.4M.

18 of 100 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 72% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GLENWOOD ACADEMY’s funders (the co-funder graph). Top 30 of 100 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GLENWOOD ACADEMY leans on a few funders — its largest provides 35% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

76% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GLENWOOD ACADEMY.

35%
largest funder
69%
top three
~5
effective funders

Largest funder’s share by year: 2017 74% · 2018 56% · 2019 50% · 2020 46% · 2021 42% · 2022 45% · 2023 27% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

46% of GLENWOOD ACADEMY's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

72% of GLENWOOD ACADEMY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6.1M that is directly attributable, 89% of it comes from Illinois funders.

IL
WI
MI
NY
IN
OH
NJ
MO
MD
DE
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $16M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GLENWOOD ACADEMY runs a healthier operating margin than three-quarters of the 11,761 education nonprofits its size.

Operating margin37% · top quartile
Months of reserve4.4mo · above the median
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 11,761 education nonprofits $1M–$10M, FY2024

Organizations like GLENWOOD ACADEMY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

63% of spending goes to programs.

Program 63%Management 22%Fundraising 15%

Governance

25
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

75%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 1 related entity

  • Glenwood South · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GLENWOOD ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GLENWOOD ACADEMY?
GLENWOOD ACADEMY (Illinois) receives grants from 100 organizations whose IRS filings report $21,865,437 to it, the largest being The Chicago Community Trust ($7,652,816). 46 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does GLENWOOD ACADEMY have?
IRS filings report 100 organizations giving $21,865,437 in grants to GLENWOOD ACADEMY, 46 of which have funded it in more than one year.
Who is the largest funder of GLENWOOD ACADEMY?
The Chicago Community Trust is the largest funder on record, with $7,652,816 in grants. The full list of funders is on this page.
How can an organization like GLENWOOD ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 100 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing