Civic Intelligence

Chicago Virtual Charter School

990 • Fiscal year 2019 • EIN 01-0863627

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 09, 2020

Organization Profilecvcschool.org
38 South Peoria StreetChicago, IL 60607

(312) 267-4486

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.43x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

40th percentile

0.11x

Higher debt load relative to revenue than 40% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-2.4%

Faster revenue growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$1,978,402

Up $203,613 (+11%) from 2018

Net Assets

Up

$1,134,049

Up $1,134,048 (+113404800%) from 2018

Liabilities

Down

$844,353

Down $930,435 (-52%) from 2018

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin72nd percentile

Revenue

Down

$7,893,666

Down $190,103 (-2.4%) from 2018

Expenses

Down

$6,756,202

Down $1,611,420 (-19%) from 2018

Net Income

Up

$1,137,464

Up $1,421,317 (+501%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $757,817Liabilities 2010: $505,719Net Assets 2010: $252,0982010Assets 2011: $790,866Liabilities 2011: $560,093Net Assets 2011: $230,7732011Assets 2012: $1,130,235Liabilities 2012: $899,312Net Assets 2012: $230,9232012Assets 2013: $929,167Liabilities 2013: $698,095Net Assets 2013: $231,0722013Assets 2014: $1,242,291Liabilities 2014: $933,071Net Assets 2014: $309,2202014Assets 2015: $1,966,047Liabilities 2015: $1,656,673Net Assets 2015: $309,3742015Assets 2016: $1,503,872Liabilities 2016: $1,503,871Net Assets 2016: $12016Assets 2017: $1,313,616Liabilities 2017: $1,029,762Net Assets 2017: $283,8542017Assets 2018: $1,774,789Liabilities 2018: $1,774,788Net Assets 2018: $12018Assets 2019: $1,978,402Liabilities 2019: $844,353Net Assets 2019: $1,134,0492019Assets 2020: $3,313,930Liabilities 2020: $1,063,695Net Assets 2020: $2,250,2352020

Highlighted filing

2019

Assets$1,978,402
Liabilities$844,353
Net Assets$1,134,049
Open 2019 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $4,879,7912010Expenses 2011: $4,713,1262011Expenses 2012: $4,990,2602012Revenue 2013: $5,564,892Expenses 2013: $5,564,743Net Income 2013: $1492013Revenue 2014: $6,619,899Expenses 2014: $6,541,751Net Income 2014: $78,1482014Revenue 2015: $7,621,166Expenses 2015: $7,621,012Net Income 2015: $1542015Revenue 2016: $7,238,504Expenses 2016: $7,547,877Net Income 2016: -$309,3732016Revenue 2017: $7,228,931Expenses 2017: $6,945,078Net Income 2017: $283,8532017Revenue 2018: $8,083,769Expenses 2018: $8,367,622Net Income 2018: -$283,8532018Revenue 2019: $7,893,666Expenses 2019: $6,756,202Net Income 2019: $1,137,4642019Revenue 2020: $7,688,889Expenses 2020: $6,572,703Net Income 2020: $1,116,1862020

Highlighted filing

2019

Revenue$7,893,666
Expenses$6,756,202
Net Income$1,137,464
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 9, 2020
Return Version
2018v3.1
Gross Receipts
$7,893,666
Mission and Program Overview

Mission

The Chicago Virtual Charter School was formed in 2006 as a tuition-free, public charter school that provides an individualized, high-quality education where parents parter with certified teacher.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,408,644$1,651,110▲ $242,466
Land, Buildings, and Equipment, Net-$308,609-
Savings and Temporary Cash Investments$244,866--
Prepaid Expenses and Deferred Charges$23,184--
Accounts Receivable$89,595$10,183▼ $79,412
Total Assets$1,774,789$1,978,402▲ $203,613
Other Assets Total$8,500$8,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,774,788$844,353▼ $930,435
Total Liabilities$1,774,788$844,353▼ $930,435
Net Assets / Fund Balance
Unrestricted Net Assets$1$1,134,049▲ $1,134,048
Total Net Assets Fund Balance$1$1,134,049▲ $1,134,048
Total Liabilities and Net Assets / Fund Balance$1,774,789$1,978,402▲ $203,613

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$308,609$530,606$839,215
Other Assets Org$8,500--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Carolyn LevysteinAcademic Chair
Roy HamiltonPresident
Brent HabliebSecretary
Lori LypsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,892,634
Program Service Revenue
$0
Investment Income
$489
Other Revenue
$543
Change in Net Assets
$1,137,464

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,893,666
Total Revenue per Audited Statements
$7,893,666
Total Revenue per Form 990
$7,893,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,428,226
Other Expenses$2,327,976
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,346,545--$3,346,545
Payroll Taxes$1,081,681--$1,081,681
All Other Expenses$161,085$440,104-$601,189
Occupancy$279,856--$279,856
Other Expenses$196,123--$196,123
Depreciation Depletion$109,493--$109,493
Information Technology$53,325--$53,325
Office Expenses$50,425--$50,425
Insurance$26,731--$26,731
Conferences and Meetings-$21,688-$21,688
Travel-$779-$779
Total Functional Expenses$6,293,631$462,571$0$6,756,202

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,756,202
Total Expenses per Audited Statements$6,756,202
Total Expenses per Form 990$6,756,202
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The governing body reviews and approves the return prior to submission.”

Conflict of interest policy compliance Part VI line 12C

“All employees of the School are given an employe handbook each year which dicusses various policies, including conflict of interest. Management deals with any issues on a case by case basis as they arise. Board members also disclose annually interests that could give rise to conflicts. The School regularly and consistently monitors and enforces compliance with its conflict of interest policy.”

CEO executive director top management comp Part VI line 15A

“The Board of Directors annual review compensation levels for all employees including comparing to comparable positions at comparable organizations.”

Other officer or key employee compensation Part VI line 15B

“The Board of Directors annual review compensation levels for all employees including comparing to comparable positions at comparable organizations.”

Form 990 availability to public Part VI line 18

“The School makes this information available upon request.”

Governing documents etc available to public Part VI line 19

“The School makes this information available upon request.”

Filing and Contact Details

Filer

Filer Name
Chicago Virtual Charter School
EIN
01-0863627
Address
38 South Peoria Street, Chicago, IL 60607

Signing Officer

Name
Vikki Stokes
Title
President
Phone
3122674486
Signed
2020-04-09
Discuss with paid preparer
No

Organization Details

Formed
2006
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Benford Brown & Associates LLC
Address
8334 South Stony Island Ave, Chicago, IL 60617
Preparer
Marcus Gulley
Phone
7737311300
Supplemental Narrative

Additional Explanations

Audited by an independent accountant Part XII line 2B

“Books are audited by an independent auditor.”

Raw XML Appendix358 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01774788
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0844353
IRS990/AccountsReceivableGrp/BOYAmt089595
IRS990/AccountsReceivableGrp/EOYAmt010183
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Chicago Virtual Charter School was formed in 2006 as a tuition-free, public charter school that provides an individualized, high-quality education where parents parter with certified teacher.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0440104
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0161085
IRS990/AllOtherExpensesGrp/TotalAmt0601189
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Jessica Smith
IRS990/BooksInCareOfDetail/PhoneNum03122674486
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt038 South Peoria Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060607
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01408644
IRS990/CashNonInterestBearingGrp/EOYAmt01651110
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt021688
IRS990/ConferencesMeetingsGrp/TotalAmt021688
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07892634
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0489
IRS990/CYOtherExpensesAmt02327976
IRS990/CYOtherRevenueAmt0543
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01137464
IRS990/CYSalariesCompEmpBnftPaidAmt04428226
IRS990/CYTotalExpensesAmt06756202
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07893666
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0109493
IRS990/DepreciationDepletionGrp/TotalAmt0109493
IRS990/Desc0The school is a unique hybrid model of instruction whre a portion of the student learning time is spent in a traditional classrom and a portion of their learning is done via distance learning under the supervision of a licensed teacher. The school provides the curriculum, materials and computers for students. The school serves students from kindergarten through 12th grade
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt06293631
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Lori Lypson
IRS990/Form990PartVIISectionAGrp/PersonNm1Carolyn Levystein
IRS990/Form990PartVIISectionAGrp/PersonNm2Roy Hamilton
IRS990/Form990PartVIISectionAGrp/PersonNm3Brent Hablieb
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Academic Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt07892634
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07893666
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt053325
IRS990/InformationTechnologyGrp/TotalAmt053325
IRS990/InsuranceGrp/ProgramServicesAmt026731
IRS990/InsuranceGrp/TotalAmt026731
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0489
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0489
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0530606
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0308609
IRS990/LandBldgEquipCostOrOtherBssAmt0839215
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Chicago Virtual Charter School was formed in 2006 as a tuition-free, public charter school that provides an individualized, high-quality education where parents parter with certified teacher.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01
IRS990/NetAssetsOrFundBalancesEOYAmt01134049
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0279856
IRS990/OccupancyGrp/TotalAmt0279856
IRS990/OfficeExpensesGrp/ProgramServicesAmt050425
IRS990/OfficeExpensesGrp/TotalAmt050425
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08500
IRS990/OtherAssetsTotalGrp/EOYAmt08500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Curriculum
IRS990/OtherExpensesGrp/Desc1Educational Materials
IRS990/OtherExpensesGrp/Desc2Special Education Services
IRS990/OtherExpensesGrp/Desc3CPS Administrative Fee
IRS990/OtherExpensesGrp/ProgramServicesAmt0853810
IRS990/OtherExpensesGrp/ProgramServicesAmt115354
IRS990/OtherExpensesGrp/ProgramServicesAmt2119203
IRS990/OtherExpensesGrp/ProgramServicesAmt3196123
IRS990/OtherExpensesGrp/TotalAmt0853810
IRS990/OtherExpensesGrp/TotalAmt115354
IRS990/OtherExpensesGrp/TotalAmt2119203
IRS990/OtherExpensesGrp/TotalAmt3196123
IRS990/OtherRevenueMiscGrp/BusinessCd0561499
IRS990/OtherRevenueMiscGrp/Desc0MIscellaneous Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0543
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0543
IRS990/OtherRevenueTotalAmt0543
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03346545
IRS990/OtherSalariesAndWagesGrp/TotalAmt03346545
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01081681
IRS990/PayrollTaxesGrp/TotalAmt01081681
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023184
IRS990/PriorPeriodAdjustmentsAmt0-3416
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08082781
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0988
IRS990/PYOtherExpensesAmt05103781
IRS990/PYRevenuesLessExpensesAmt0-283853
IRS990/PYSalariesCompEmpBnftPaidAmt03263841
IRS990/PYTotalExpensesAmt08367622
IRS990/PYTotalRevenueAmt08083769
IRS990/ReconcilationRevenueExpnssAmt01137464
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07893666
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0244866
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0308609
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0530606
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0839215
IRS990ScheduleD/ExpensesSubtotalAmt06756202
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Other deposits
IRS990ScheduleD/RevenueSubtotalAmt07893666
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0308609
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08500
IRS990ScheduleD/TotalExpensesPerForm990Amt06756202
IRS990ScheduleD/TotalRevenuePerForm990Amt07893666
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07893666
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06756202
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The School received federal and state grants through various governmental agencies, including Chicago Public Schools.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School fully discloses its nondiscriminatory policy to all potential students. Copies of this policy may be obtained upon request.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing body reviews and approves the return prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All employees of the School are given an employe handbook each year which dicusses various policies, including conflict of interest. Management deals with any issues on a case by case basis as they arise. Board members also disclose annually interests that could give rise to conflicts. The School regularly and consistently monitors and enforces compliance with its conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors annual review compensation levels for all employees including comparing to comparable positions at comparable organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors annual review compensation levels for all employees including comparing to comparable positions at comparable organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The School makes this information available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The School makes this information available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Books are audited by an independent auditor.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Audited by an independent accountant Part XII line 2b
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01774789
IRS990/TotalAssetsEOYAmt01978402
IRS990/TotalAssetsGrp/BOYAmt01774789
IRS990/TotalAssetsGrp/EOYAmt01978402
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07892634
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0462571
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06293631
IRS990/TotalFunctionalExpensesGrp/TotalAmt06756202
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01774788
IRS990/TotalLiabilitiesEOYAmt0844353
IRS990/TotalLiabilitiesGrp/BOYAmt01774788
IRS990/TotalLiabilitiesGrp/EOYAmt0844353
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01134049
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt06293631
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01032
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07893666
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01774789
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01978402
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0779
IRS990/TravelGrp/TotalAmt0779
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01134049
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0cvcschool.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Vikki Stokes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03122674486
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Chicago Virtual Charter School
ReturnHeader/Filer/BusinessNameControlTxt0CHIC
ReturnHeader/Filer/EIN0010863627
ReturnHeader/Filer/USAddress/AddressLine1Txt038 South Peoria Street
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060607
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00431763C87C66D11E73D55A9080F7A57B6CFA14A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00431763C87C66D11E73D55A9080F7A57B6CFA14A
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId03665882020100fqf3gmg
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-04-09
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.193.119.17
ReturnHeader/FilingSecurityInformation/IPDt02020-04-09
ReturnHeader/FilingSecurityInformation/IPTm009:10:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364124699
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Benford Brown & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08334 South Stony Island Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060617
ReturnHeader/PreparerPersonGrp/PhoneNum07737311300
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marcus Gulley
ReturnHeader/ReturnTs02020-04-09T09:09:34-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,978,402
Liabilities
$844,353
Net assets
$1,134,049
Revenue
$7,893,666
Expenses
$6,756,202
Net income
$1,137,464
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$3.31$1.06$2.25$7.69$6.57$1.12
2019Detailed filing. Detailed filing data is available for this year.$1.98$0.84$1.13$7.89$6.76$1.14
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.77$1.77$0.00$8.08$8.37$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.31$1.03$0.28$7.23$6.95$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$1.50$0.00$7.24$7.55$0.31
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.97$1.66$0.31$7.62$7.62$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.93$0.31$6.62$6.54$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.70$0.23$5.56$5.56$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.90$0.23$4.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.56$0.23$4.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.51$0.25$4.88