Academit NFP
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
NOT-FOR-PROFITS DO AMAZING WORK IMPROVING THE WORLD WE LIVE IN EVERY DAY. AT ACADEMIT, WE HELP THESE ORGANIZATIONS EXTEND THEIR REACH AND EFFICIENCY, BY IMPROVING THEIR TECHNOLOGY CAPACITY AND HELPING THEM TO OVERCOME TECHNICAL OBSTACLES.
- Income
- $951,676
- Spending
- $899,968
- Spent on programs
- 85%
- Reserves
- 0.4 months of spending
- Largest source of income
- fees for its services, 95%
- Employees
- 21
- Volunteers
- 69
- Highest pay
- $37,609, executive dir.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 42 out of 100. Higher than 11% of charities in its peer group (education, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.4 months of spending.
Debt
2 of 20It owes 83% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Spending floor
15 of 1585% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 53 out of 100. Higher than 26% of charities in its peer group (education, $250k to $1m).
Independent board
18 of 253 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $762,541 spent. IT SUPPORT SERVICES: PROVIDED APPROXIMATELY 8700 HOURS OF MANAGED IT SUPPORT ACROSS 22 SCHOOLS, 6 PARISHES, AND 3 COMMUNITY ORGANIZAITONS, RESOLVING MORE THAN 5000 SUPPORT TICKETS FOR UNDER-RESOURCED CATHOLIC, PRIVATE, AND COMMUNITY INSTITUTIONS IN THE CHICAGO AREA.
- STRATEGIC CLIENT EXPANSION: WELCOMED FOX REIVER GROVE SCHOOL DISTRICT AS ACADEMIT'S FIRST PUBLIC SCHOOL DISTRIC CLIENT, REFLECTING INTENTIONAL EXPANSION OF THE ORGANIZATION'S SERVICE MODEL INTO SMALL PUBLIC DISTRICTS WITH LIMITED IT CAPACITY. THE DISTRICT HAS SINCE RENEWED SERVICES.
- REFURBISHED EQUIPMENT PROGRAM: DISTRIBUTED OVER $5000 IN REFURBISHED TECHNOLOGY - INCLUDING ACCESS POINTS, NETWORK SWITCHES, AND PCS - TO SCHOOLS AND ORGANIZATIONS THAT WOULD OTHERWISE LACK ACCESS TO FUNCTIONAL, AFFORDABLE EQUIPMENT.
- WORKFORCE DEVELOPMENT: TRAINED 2 HIGH SCHOOL INTERNS OVER THE SUMMER AND SUPPORTED 1 APPRENTICE THROUGH THE YEAR VIA A FORMAL IT TECHNICIAN PATHWAY PROGRAM, PROVIDING MEANINGFUL TECHNICAL CAREER PREPARATION - A NOTABLE INVESTMENT FOR A 15-PERSON ORGANIZATION.
- COMMUNITY ENGAGEMENT & VOLUNTEERS: LOGGED MORE THAN 200 HOURS OF VOLUNTEER SERVICE DIRECTED TOWARD SCHOOL AND ORGANIZATIONAL BENEFIT, EXTENDING ACADEMIT'S IMPACT BEYOND ITS PAID STAFF CAPACITY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2023 for not filing returns for three years, and reinstated on November 15, 2023.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.