Nonprofit · EIN 36-2388793
WHEATON ACADEMY
Tax-exempt · WEST CHICAGO, IL 60185
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $23,395,462 | $21,587,753 | $1,807,709 | $65,807,361 | $22,179,931 | $43,627,430 |
| July 31, 2024 | 990 | $26,709,439 | $19,901,042 | $6,808,397 | $67,923,396 | $26,103,675 | $41,819,721 |
| July 31, 2023 | 990 | $21,917,855 | $19,554,613 | $2,363,242 | $55,453,288 | $20,545,902 | $34,907,386 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $5,506,253
- Program service revenue
- $17,245,147
- Investment income
- $519,416
- Net rental income
- $86,163
- Net gain from sales of assets
- -$107
- Net income from fundraising events
- $38,483
- Other revenue
- $124,646
Expenses
- Grants and similar amounts paid
- $3,347,984
- Compensation of officers, directors and key employees
- $739,255
- Other salaries and wages
- $6,601,694
- Salaries, compensation and benefits (total)
- $9,939,299
- Professional fundraising fees
- $0
- Legal fees
- $23,389
- Accounting fees
- $44,098
- Occupancy
- $732,105
- Travel
- $1,357,372
- Depreciation
- $1,877,899
- Program services (functional)
- $16,020,114
- Management and general (functional)
- $4,718,793
- Fundraising (functional)
- $848,846
Balance sheet and other
- Total assets, start of year
- $67,923,396
- Total assets, end of year
- $65,807,361
- Total liabilities, end of year
- $22,179,931
- Net assets, end of year
- $43,627,430
- Land, buildings and equipment
- $45,057,633
- Publicly traded securities
- $596,255
- Net assets without donor restrictions
- $42,701,063
- Net assets with donor restrictions
- $926,367
- Gross receipts
- $23,921,561
- Employees
- 263
- Volunteers
- 140
- Year formed
- 1958
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN BULT | HEAD OF SCHOOL / TRUSTEE Trustee or director, Officer | 40 | $251,730 | $41,267 |
| STEVE KARLSON | COO/CFO Officer | 40 | $186,442 | $74,878 |
| PHIL STRZALKA | BUSINESS & INNOVATION PROG. DIRECTOR Highest-paid employee | 32 | $162,192 | $28,672 |
| STEVEN WILLEMSSEN | FINE ARTS DEPARTMENT HEAD Highest-paid employee | 40 | $106,380 | $80,954 |
| JOSH BURICK | EDUCATIONAL TECH DIRECTOR Highest-paid employee | 40 | $119,622 | $60,234 |
| KORI HOCKETT | PRINCIPAL Highest-paid employee | 40 | $152,330 | $26,652 |
| BRADLEY THORNTON | VICE PRINCIPAL FOR INSTRUCTION Highest-paid employee | 40 | $101,285 | $48,123 |
| DR EUGENE FROST | EXEC. DIRECTOR WAF Trustee or director | 20 | $71,595 | $27,235 |
| MARK ANDERSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MIKE ENGLISH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MARTHA VAN ZEE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVE TORRES | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ALEX BELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVE ELDERSVELD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANEL PRITCHARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANN MAYO | TRUSTEE Trustee or director | 1 | $0 |
| JOE SELVAGGIO | TRUSTEE Trustee or director | 1 | $0 |
| RANDY RENN | TRUSTEE Trustee or director | 1 | $0 |
| STEVEN PEARSON | TRUSTEE Trustee or director | 1 | $0 |
| TIM LARSON | TRUSTEE Trustee or director | 1 | $0 |
| WELDON WILLIAMS | TRUSTEE Trustee or director | 1 | $0 |
| WENDY FERNANDES | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended July 31, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Steven Bult | Head of School / Trustee Trustee or director, Officer | 40 | $218,052 | $38,528 |
| Steve Karlson | COO/CFO Officer | 40 | $175,194 | $72,170 |
| Phil Strzalka | Business and Innovation Program Director Highest-paid employee | 32 | $153,803 | $38,341 |
| Josh Burick | Educational Tech Director Highest-paid employee | 40 | $115,974 | $59,025 |
| Kori Hockett | Principal Highest-paid employee | 40 | $133,741 | $16,730 |
| Paul Lucas Regan | Science Department Head Highest-paid employee | 40 | $103,351 | $36,637 |
| Dr Eugene Frost | Exec Director WAI & WAF Trustee or director | 20 | $68,832 | $20,046 |
| Dave Torres | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Mark Anderson | President Trustee or director, Officer | 1 | $0 | $0 |
| Martha Van Zee | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Mike English | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Alex Bell | Trustee Trustee or director | 1 | $0 | $0 |
| Dave Eldersveld | Trustee Trustee or director | 1 | $0 | $0 |
| Janel Pritchard | Trustee Trustee or director | 1 | $0 | $0 |
| Joann Mayo | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Selvaggio | Trustee Trustee or director | 1 | $0 | $0 |
| Randy Renn | Trustee Trustee or director | 1 | $0 | $0 |
| Steven Pearson | Trustee Trustee or director | 1 | $0 | $0 |
| Tim Larson | Trustee Trustee or director | 1 | $0 | $0 |
| Weldon Williams | Trustee Trustee or director | 1 | $0 | $0 |
| Wendy Fernandes | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended July 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Steven Bult | Head of School / Trustee Trustee or director, Officer | 40 | $218,529 | $34,509 |
| Steve Karlson | COO/CFO Officer | 40 | $167,554 | $51,160 |
| Phil Strzalka | Teacher Highest-paid employee | 32 | $149,285 | $32,468 |
| Josh Burick | Educational Tech Director Highest-paid employee | 40 | $122,723 | $33,343 |
| Kori Hockett | Principal Highest-paid employee | 40 | $132,321 | $13,852 |
| Matthew Hockett | Digital Communications Coordinator Highest-paid employee | 40 | $114,589 | $12,909 |
| Dr Eugene Frost | Exec Director WAI & WAF Trustee or director | 20 | $71,808 | $28,309 |
| Dave Torres | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Mark Anderson | President Trustee or director, Officer | 1 | $0 | $0 |
| Martha Van Zee | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Mike English | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Alex Bell | Trustee Trustee or director | 1 | $0 | $0 |
| Dave Eldersveld | Trustee Trustee or director | 1 | $0 | $0 |
| Janel Pritchard | Trustee Trustee or director | 1 | $0 | $0 |
| Joann Mayo | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Selvaggio | Trustee Trustee or director | 1 | $0 | $0 |
| Randy Renn | Trustee Trustee or director | 1 | $0 | $0 |
| Steven Pearson | Trustee Trustee or director | 1 | $0 | $0 |
| Tim Larson | Trustee Trustee or director | 1 | $0 | $0 |
| Weldon Williams | Trustee Trustee or director | 1 | $0 | $0 |
| Wendy Fernandes | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 900 PRINCE CROSSING RD, WEST CHICAGO, IL 60185-5136
- Principal officer (990 for 2024)
- STEVEN BULT, 900 PRINCE CROSSING ROAD, WEST CHICAGO, IL 60185
- Signed the 990
- STEVE KARLSON, COO/CFO
- Phone
- (630) 562-7500
- Website
- WWW.WHEATONACADEMY.ORG
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
PROVIDE AN EDUCATIONAL PROGRAM THAT IS CHARACTERIZED BY BIBLICAL VALUES AND TRADITIONAL EDUCATIONAL STANDARDS USING INNOVATIVE CURRICULUM CENTERED ON A CARING STUDENT/TEACHER RELATIONSHIP.
Program accomplishments
- OPERATION OF ACCREDITED HIGH SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 650 STUDENTS.Expenses $16,020,114 · grants $3,347,984 · revenue $17,245,147
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 36-2388793
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1960
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25Z)
- Assets (IRS master file)
- $65,807,361
- Income (IRS master file)
- $23,921,561
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $23,395,462 | $21,587,753 | $65,807,361 | XML |
| 990 | July 2024 | $26,709,439 | $19,901,042 | $67,923,396 | XML |
| 990 | July 2023 | $21,917,855 | $19,554,613 | $55,453,288 | XML |
| 990 | July 2022 | $25,254,594 | $19,190,140 | $48,341,275 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2388793).
Questions about WHEATON ACADEMY
- What is the EIN of WHEATON ACADEMY?
- The employer identification number (EIN) of WHEATON ACADEMY is 36-2388793.
- Is WHEATON ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
- Are donations to WHEATON ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WHEATON ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WHEATON ACADEMY due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WHEATON ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of WHEATON ACADEMY?
- The 990 for the year ended July 31, 2025 names STEVEN BULT.
- Who are the officers and directors of WHEATON ACADEMY?
- The 990 for the year ended July 31, 2025 lists 22 people; 8 received compensation from the organization, the highest $251,730 (STEVEN BULT, HEAD OF SCHOOL / TRUSTEE).
- How much revenue does WHEATON ACADEMY have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $23,395,462, expenses of $21,587,753 and total assets of $65,807,361 at year end.
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- WHEATON ACADEMY INSTITUTE EIN 47-4967070 · last filed 990 for 2025
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