Nonprofit · EIN 46-1909334
BANNER LEARNING CORP - CHICAGO
Also known as BANNER ACADEMY
Tax-exempt · BOCA RATON, FL 33432
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $553,479 | $485,181 | $68,298 | $728,247 | $428,477 | $299,770 |
| December 31, 2023 | 990 | $502,000 | $370,403 | $131,597 | $659,949 | $428,477 | $231,472 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $32,371
- Program service revenue
- $486,000
- Investment income
- $13,957
- Other revenue
- $21,151
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,000
- Occupancy
- $16,385
- Travel
- $61,858
- Depreciation
- $9,015
- Program services (functional)
- $485,181
Balance sheet and other
- Total assets, start of year
- $659,949
- Total assets, end of year
- $728,247
- Total liabilities, end of year
- $428,477
- Net assets, end of year
- $299,770
- Land, buildings and equipment
- $25,542
- Gross receipts
- $553,479
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2013
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY L COHEN | VP/TREASURER Trustee or director, Officer | 30 | $0 |
| ERIC CARLTON | PRESIDENT/DIRECTOR Trustee or director, Officer | 20 | $0 |
| CEILY MOORE | VP/SECRETARY Trustee or director | 20 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY L COHEN | ASSISTANT DIRECTOR Trustee or director, Officer | 30 | $0 |
| ERIC CARLTON | DIRECTOR Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 315 SE MIZNER BLVD STE 207, BOCA RATON, FL 33432-6086
- In care of
- % BARRY L COHEN
- Principal officer (990 for 2024)
- ERIC A CARLTON, 315 SE MIZNER BLVD 207, BOCA RATON, FL 33432
- Signed the 990
- ERIC A CARLTON, PRESIDENT
- Phone
- (561) 338-6846
- Website
- WWW.BANNERLEARNING.ORG
- Return prepared by
- KATZ & ASSOCIATES PA
Mission
THE ORGANIZATION PROVIDES ALTERNATIVE EDUCATIONAL SERVICES FOR STUDENTS IN ECONOMICALLY DISADVANTAGED URBAN AREAS.
Program accomplishments
- THE ORGANIZATION OPERATED A WORKFORCE DEVELOPMENT PROGRAM UNDER AGREEMENT WITH AND WITHIN A MICHIGAN PUBLIC SCHOOL DISTRICT. THE WORKFORCE DEVELOPMENT PROGRAM IS BASED ON AN ENTREPRENEURIAL PLATFORM WHERE STUDENTS START MICROBUSINESSES WHILE LEARNING, DEVELOPING AND ACQUIRING WORKFORCE SKILLS.Expenses $485,181 · revenue $521,108
- THE ORGANIZATION OPERATED A WORKFORCE DEVELOPMENT PROGRAM UNDER AGREEMENT WITH AND WITHIN A MICHIGAN PUBLIC SCHOOL DISTRICT. THE WORKFORCE DEVELOPMENT PROGRAM IS BASED ON AN ENTREPRENEURIAL PLATFORM WHERE STUDENTS START MICROBUSINESSES WHILE LEARNING, DEVELOPING AND ACQUIRING WORKFORCE SKILLS
- THE ORGANIZATION OPERATED A WORKFORCE DEVELOPMENT PROGRAM UNDER AGREEMENT WITH AND WITHIN A MICHIGAN PUBLIC SCHOOL DISTRICT. THE WORKFORCE DEVELOPMENT PROGRAM IS BASED ON AN ENTREPRENEURIAL PLATFORM WHERE STUDENTS START MICROBUSINESSES WHILE LEARNING, DEVELOPING AND ACQUIRING WORKFORCE SKILLS
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1909334
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $728,247
- Income (IRS master file)
- $553,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $553,479 | $485,181 | $728,247 | IRS |
| 990 | December 2023 | $502,000 | $370,403 | $659,949 | XML |
| 990 | December 2022 | $1,179,152 | $1,100,999 | $528,352 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 46-1909334).
Questions about BANNER LEARNING CORP - CHICAGO
- What is the EIN of BANNER LEARNING CORP - CHICAGO?
- The employer identification number (EIN) of BANNER LEARNING CORP - CHICAGO is 46-1909334.
- Is BANNER LEARNING CORP - CHICAGO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BANNER LEARNING CORP - CHICAGO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BANNER LEARNING CORP - CHICAGO 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 BANNER LEARNING CORP - CHICAGO due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BANNER LEARNING CORP - CHICAGO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BANNER LEARNING CORP - CHICAGO?
- The 990 for the year ended December 31, 2024 names ERIC A CARLTON.
- Who are the officers and directors of BANNER LEARNING CORP - CHICAGO?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does BANNER LEARNING CORP - CHICAGO have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $553,479, expenses of $485,181 and total assets of $728,247 at year end.
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