Illinois Computing Educators

5.0★★★★★(20 reviews)

2705 McDonough St, Joliet, IL 60436

Joliet, Illinois, United States

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Business facts

Estimated annual revenue~$946.7K
Estimated employees~9
Annual payroll (2021)~$227.7K
In business since1986
Based on reported payroll data

Area statistics (60436)

Population18,452
Median household income$57,815
Source: US Census ACS

About

Illinois Digital Educators Alliance (IDEA) is a leading non-profit organization in the state dedicated to promoting the use of technology in education. As the largest organization of its kind in Illinois, IDEA is committed to inspiring and connecting the educational community and providing transformative opportunities for teaching and learning through technology. IDEA offers local professional development opportunities and collaborates with educators and partners to create engaging learning experiences. Their mission is to empower educators and inspire learners to become future leaders.

💳
Credit Cards
Mastercard, Visa
ℹ️
Diversity Management
Woman Led
💰
Price
$
Wheelchair Accessible
Parking, Yes
Categories: Education Center, Distance Learning Center, Educational Consultant, Adult Education School, Learning Center.
ISIC Codes: 8549, 8550.

Market analysis

Earning above its category median in a growing category (Education Center).

EstimateCategory trend: 2024, +7.6%

Revenue trend (modeled)

~$632.4K2019
~$496.1K2020
~$658.4K2021
~$765.7K2022
~$855.6K2023
~$946.7K2024
Modeled from official industry statistics+8.4%/yr since 201980% confidence band: ±42%

Company profile

Incorporated1986 (IL)
Employees (reported band)8-17
Observed

Property

Lot size1.26 acres
CountyWill
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$47.4K · 4 jobs reported · implies ~$227.7K annual payroll · $47.7K forgiven
Second PPP loan (2021)$47.4K · 4 jobs reported · $47.7K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Education Center in Illinois896~$959.0M~$1.1M~$565.6K5.0★1.7×
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure37 chains expanding in this category, led by Mathnasium, Top Driver, 160 Driving Academy (+603 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)32~$140.5M~$4.4M~$1.5M284~$28.3M0.6×
Education4~$10.1M~$2.5M60

1 km area (all businesses): median from the 26 of 32 businesses with estimates

Estimate

Area conditions (60436)

Population18,452 ±1,432
Median household income$57,815 ±$4,176
Median home value$159,400
Bachelor's degree or higher0.1%
Unemployment rate0.1%
Source: US Census ACS

Historical Information

Old business websites and emails that no longer exist, informational purposes only.

jdahl@roe51sdc.org
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