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Illinois · Nonprofit

Vincent Gray Academy

Vincent Gray Academy (Illinois) receives grants from 11 organizations whose IRS filings report $472,550 to it, the largest being MONTICELLO COLLEGE FOUNDATION ($149,000). 7 of them have funded it in more than one year.

Revenue FY2025
$172k
Funders on record
11
Grants received
$473k
Net assets
$252k
7/11 repeat funderspeak grant-dependency 28%
01What it does

What Vincent Gray Academy does

Mission

Operation of an alternative high school

As stated on its FY2025 Form 990.

Program

  1. The operation of an alternative high school in which at risk students attend classes monday through thursday from 9 to 3 and friday from 9 to noon. Approximately 40 students were enrolled.

    $128,060 spent$165,218 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $128,060.

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.

100 = 20172017 Revenue 100 ($393k) Expenses 100 ($383k) Net assets 100 ($95k)2018 Revenue 98 ($387k) Expenses 101 ($387k) Net assets 100 ($95k)2019 Revenue 100 ($391k) Expenses 96 ($369k) Net assets 127 ($121k)2020 Revenue 92 ($363k) Expenses 84 ($321k) Net assets 172 ($164k)2021 Revenue 104 ($409k) Expenses 81 ($312k) Net assets 395 ($377k)2022 Revenue 71 ($278k) Expenses 78 ($300k) Net assets 391 ($372k)2023 Revenue 55 ($217k) Expenses 74 ($284k) Net assets 353 ($337k)2024 Revenue 60 ($237k) Expenses 72 ($274k) Net assets 353 ($336k)2025 Revenue 44 ($172k) Expenses 69 ($263k) Net assets 264 ($252k)
'17'18'19'20'21'22'23'24'25
Revenue (44)Expenses (69)Net assets (264)

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 $259k to $411k (+59%).

$155k
$147k
$165k
$259k
$411k
$389k
$344k
$336k
$252k
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$10k
’17
−$106
’18
$22k
’19
$42k
’20
$97k
’21
−$22k
’22
−$67k
’23
−$37k
’24
−$91k
’25
1.0
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.

Chief executive

Lillian Grinston

Executive Director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed889998888
Joined·+2+5+3+0+2+0+0+0
No longer listed·24303000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $39k → $34k.

1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% 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 Vincent Gray Academy’s funders (the co-funder graph). 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

Vincent Gray Academy leans on a few funders — its largest provides 32% of grant income and the top three 65%; half comes from just 2 funders.

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

32%
largest funder
65%
top three
~6
effective funders

Largest funder’s share by year: 2017 43% · 2018 43% · 2019 46% · 2020 25% · 2021 46% · 2022 56% · 2023 60% — growing more concentrated.

“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

67% of Vincent Gray Academy's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

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

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

69% of Vincent Gray Academy's grant income comes from Illinois funders.

MN
IL
MO
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. $25k arriving through sponsors registered in 1 state 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

Organizations like Vincent Gray 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

49% of spending goes to programs.

Program 49%Management 32%Fundraising 20%

Governance

8
board members
88%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

0%

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

Screen this organization

A dated, signed PDF of the compliance screen for Vincent Gray 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 Vincent Gray Academy?
Vincent Gray Academy (Illinois) receives grants from 11 organizations whose IRS filings report $472,550 to it, the largest being MONTICELLO COLLEGE FOUNDATION ($149,000). 7 of them have funded it in more than one year.
How many funders does Vincent Gray Academy have?
IRS filings report 11 organizations giving $472,550 in grants to Vincent Gray Academy, 7 of which have funded it in more than one year.
Who is the largest funder of Vincent Gray Academy?
MONTICELLO COLLEGE FOUNDATION is the largest funder on record, with $149,000 in grants. The full list of funders is on this page.
How can an organization like Vincent Gray 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.

Play a game about who funds Vincent Gray Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 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 14, 2026. What this page cannot tell you · view filing