Nonprofit · EIN 86-1297592
I AM ACADEMY
Tax-exempt · HOLLAND, MI 49423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $272,508 | $268,648 | $3,860 | $20,447 | $1,019 | $19,428 |
| June 30, 2024 | 990 | $273,198 | $282,574 | -$9,376 | $18,833 | $3,265 | $15,568 |
| June 30, 2023 | 990 | $292,298 | $283,319 | $8,979 | $24,539 | $3,199 | $21,340 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $272,508
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $116,182
- Salaries, compensation and benefits (total)
- $117,910
- Professional fundraising fees
- $0
- Accounting fees
- $3,000
- Occupancy
- $15,250
- Program services (functional)
- $93,289
- Management and general (functional)
- $175,359
Balance sheet and other
- Total assets, start of year
- $18,833
- Total assets, end of year
- $20,447
- Total liabilities, end of year
- $1,019
- Net assets, end of year
- $19,428
- Gross receipts
- $272,508
- Employees
- 5
- Volunteers
- 10
- Year formed
- 2020
- State of legal domicile
- MI
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HENRY CHERRY | DIRECTOR Trustee or director, Key employee | 40 | $48,808 |
| LAUREN BECK | OPERATION DIRECTOR Key employee | 40 | $36,943 |
| LINDSAY CHERRY | DIRECTOR Trustee or director | 20 | $12,750 |
| PATRICIA STRACHAN | ADMIN Key employee | 20 | $5,634 |
| MARIA KAMARA-HAGEMEYER | ADMIN Key employee | 20 | $3,380 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HENRY CHERRY | DIRECTOR Trustee or director, Key employee | 40 | $50,615 |
| LAUREN BECK | OPERATION DIRECTOR Key employee | 40 | $43,129 |
| LINDSAY CHERRY | DIRECTOR Trustee or director | 20 | $22,596 |
990 for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HENRY CHERRY | DIRECTOR Trustee or director, Key employee | 40 | $42,000 |
| LAUREN | BECK Key employee | 40 | $31,300 |
Address and contacts
- Address (IRS master file)
- 57 W 10TH ST, HOLLAND, MI 49423-3130
- In care of
- % LINDSAY CHERRY
- Mailing address (990-N for 2021)
- 424 PINE AVE, HOLLAND MI 49423
- Principal officer (990 for 2024)
- LINDSAY CHERRY, 424 PINE AVE, HOLLAND, MI 49423
- Principal officer (990-N for 2021)
- LINDSAY CHERRY, 424 PINE AVE, HOLLAND MI 49423
- Signed the 990
- LINDSAY CHERRY, PRESIDENT
- Phone
- (616) 635-7574
- Website
- iamacademymi.org
- Return prepared by
- LG Services
Mission
Mentorship program in conjunction with community partners, for the purpose of helping to dismatle the school to prison pipeline systems within educational institutions. Support and encourage local students by providing opportunities for job experiences, college visits dialogue sessions, book studies, an entrepreneurship program, mindful experiences, and potential group trips to cultural places of interest.
Program accomplishments
- Student programming includes Middle School and High School students who are mentored and guided in educational and work experiences.Expenses $32,275
- Events put on to better engage the community to achive positive relationships and to educate eachother on matters of culture and acceptance.Expenses $61,014
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1297592
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $20,447
- Income (IRS master file)
- $272,508
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $272,508 | $268,648 | $20,447 | XML |
| 990 | June 2024 | $273,198 | $282,574 | $18,833 | XML |
| 990 | June 2023 | $292,298 | $283,319 | $24,539 | XML |
| 990-N for 2021 Officer: LINDSAY CHERRY | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2022 | – | – | – | 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 86-1297592).
Questions about I AM ACADEMY
- What is the EIN of I AM ACADEMY?
- The employer identification number (EIN) of I AM ACADEMY is 86-1297592.
- Is I AM ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to I AM ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does I AM 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 I AM ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did I AM ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of I AM ACADEMY?
- The 990 for the year ended June 30, 2025 names LINDSAY CHERRY.
- Who are the officers and directors of I AM ACADEMY?
- The 990 for the year ended June 30, 2025 lists 5 people; 5 received compensation from the organization, the highest $48,808 (HENRY CHERRY, DIRECTOR).
- How much revenue does I AM ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $272,508, expenses of $268,648 and total assets of $20,447 at year end.
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- NATIONAL MASONIC FOUNDATION FOR CHILDREN EIN 55-0731354 · last filed 990 for 2024
- ELI J BOXING CLUB EIN 88-4319407 · last filed 990-N for 2024
- COTTONBALL CHILDRENS FUND INC EIN 83-0897765 · last filed 990-N for 2025
- SOUTH SHORE YOUTH IMPACT EIN 11-3722873 · last filed 990-N for 2023
- PLSM EIN 84-3753692 · last filed 990-N for 2025