Civic Intelligence

Polaris Charter Academy

990 • Fiscal year 2015 • EIN 01-0874029

Jul 01, 2014 to Jun 30, 2015 • Filed on May 09, 2016

Organization ProfileWWW.PCACHICAGO.ORG

View Organization Page

620 North Sawyer AvenueChicago, IL 60624-1528

(773) 534-0820

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

18th percentile

0.01x

Higher debt load relative to revenue than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

46th percentile

1.6%

Higher net margin than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

82nd percentile

$140,244

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

58th percentile

3.0%

Faster asset growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

38th percentile

-0.8%

Faster revenue growth than 38% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$1,732,971

Up $49,818 (+3.0%) from 2014

Net Assets

Up

$1,709,030

Up $73,801 (+4.5%) from 2014

Liabilities

Down

$23,941

Down $23,983 (-50%) from 2014

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin46th percentile

Revenue

Down

$4,752,133

Down $38,762 (-0.8%) from 2014

Expenses

Up

$4,678,332

Up $476,298 (+11%) from 2014

Net Income

Down

$73,801

Down $515,060 (-87%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth58th 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: $909,481Liabilities 2010: $71,550Net Assets 2010: $837,9312010Assets 2011: $901,845Liabilities 2011: $12,132Net Assets 2011: $889,7132011Assets 2012: $839,588Liabilities 2012: $3,807Net Assets 2012: $835,7812012Assets 2013: $1,099,428Liabilities 2013: $53,060Net Assets 2013: $1,046,3682013Assets 2014: $1,683,153Liabilities 2014: $47,924Net Assets 2014: $1,635,2292014Assets 2015: $1,732,971Liabilities 2015: $23,941Net Assets 2015: $1,709,0302015Assets 2016: $1,752,170Liabilities 2016: $61,837Net Assets 2016: $1,690,3332016Assets 2017: $1,928,061Liabilities 2017: $46,269Net Assets 2017: $1,881,7922017Assets 2018: $2,217,539Liabilities 2018: $40,368Net Assets 2018: $2,177,1712018Assets 2019: $2,476,470Liabilities 2019: $65,840Net Assets 2019: $2,410,6302019Assets 2020: $3,397,758Liabilities 2020: $914,519Net Assets 2020: $2,483,2392020Assets 2021: $3,374,393Liabilities 2021: $68,295Net Assets 2021: $3,306,0982021Assets 2022: $3,753,040Liabilities 2022: $280,105Net Assets 2022: $3,472,9352022Assets 2023: $3,012,188Liabilities 2023: $102,333Net Assets 2023: $2,909,8552023Assets 2024: $2,680,354Liabilities 2024: $88,676Net Assets 2024: $2,591,6782024Assets 2025: $2,199,493Liabilities 2025: $85,730Net Assets 2025: $2,113,7632025

Highlighted filing

2015

Assets$1,732,971
Liabilities$23,941
Net Assets$1,709,030
Open 2015 Filing

Operations Trend

Revenue Growth38th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,102,5752010Revenue 2011: $2,584,088Expenses 2011: $2,532,306Net Income 2011: $51,7822011Expenses 2012: $3,135,1812012Revenue 2013: $3,769,123Expenses 2013: $3,558,536Net Income 2013: $210,5872013Revenue 2014: $4,790,895Expenses 2014: $4,202,034Net Income 2014: $588,8612014Revenue 2015: $4,752,133Expenses 2015: $4,678,332Net Income 2015: $73,8012015Revenue 2016: $4,839,239Expenses 2016: $4,857,936Net Income 2016: -$18,6972016Revenue 2017: $4,975,595Expenses 2017: $4,784,136Net Income 2017: $191,4592017Revenue 2018: $5,197,732Expenses 2018: $4,902,353Net Income 2018: $295,3792018Revenue 2019: $5,361,152Expenses 2019: $5,127,693Net Income 2019: $233,4592019Revenue 2020: $5,467,349Expenses 2020: $5,394,740Net Income 2020: $72,6092020Revenue 2021: $6,296,349Expenses 2021: $5,473,490Net Income 2021: $822,8592021Revenue 2022: $6,074,897Expenses 2022: $5,908,060Net Income 2022: $166,8372022Revenue 2023: $5,853,495Expenses 2023: $6,416,575Net Income 2023: -$563,0802023Revenue 2024: $5,827,963Expenses 2024: $6,146,140Net Income 2024: -$318,1772024Revenue 2025: $6,028,539Expenses 2025: $6,506,454Net Income 2025: -$477,9152025

Highlighted filing

2015

Revenue$4,752,133
Expenses$4,678,332
Net Income$73,801
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 9, 2016
Return Version
2014v6.0
Gross Receipts
$4,763,016
Mission and Program Overview

Mission

To organize and operate a charter school in chicago, il and engage in other education activities permissable under section 501(c)(3) of the internal revenue code of 1986.

To educate students to be self-motivated, creative, critical thinkers, with the ultimate goal of shaping life-long learners and citizens with a strong sense of personal and civic responsibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,136,487$1,189,250▲ $52,763
Accounts Receivable$150,474$270,606▲ $120,132
Land, Buildings, and Equipment, Net$247,459$184,894▼ $62,565
Cash and Non-Interest-Bearing Accounts$75,814--
Pledges and Grants Receivable$50,000$60,000▲ $10,000
Prepaid Expenses and Deferred Charges$22,919$28,221▲ $5,302
Total Assets$1,683,153$1,732,971▲ $49,818
Liabilities
Accounts Payable and Accrued Expenses$47,924$23,941▼ $23,983
Total Liabilities$47,924$23,941▼ $23,983
Net Assets / Fund Balance
Unrestricted Net Assets$1,204,398$1,283,781▲ $79,383
Temporarily Rstr Net Assets$430,831$425,249▼ $5,582
Total Net Assets Fund Balance$1,635,229$1,709,030▲ $73,801
Total Liabilities and Net Assets / Fund Balance$1,683,153$1,732,971▲ $49,818

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$124,250$411,546$535,796
Leasehold Improvements$60,644$47,040$107,684
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle NavarreHead of School/memberFT$131,514$8,730$140,244
Roel VivitDirector of AcademicsFT$100,373$11,828$112,201
Carol ClavadetscherDirector of Ops & Finance - TermPT$59,063$2,363$61,426

Board Members and Trustees

NameTitle
Uday KhedkarBoard Chair/secretary - Term
Joel PomerenkBoard Chair/treasurer
Arun BhatiaVice Chair
Cj HolmesDirector of Ops & Finance
Michaeh JohnsonMember - Term
Sarah WalkerMember - Term
Travis SwoopeMember - Term
Kameron MatthewsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,493,019
Program Service Revenue
$243,095
Investment Income
$887
Other Revenue
$15,132
All Other Contributions
$293,649
Change in Net Assets
$73,801

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,752,133
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$671,718
Total Revenue per Audited Statements
$5,423,851
Total Revenue per Form 990
$4,752,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,643,170
Other Expenses$1,035,162
Total Fundraising Expense$104,237
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,528,055$173,332$56,619$2,758,006
Pension Plan Contributions$257,502$17,655$5,768$280,925
Other Employee Benefits$230,388$15,797$5,160$251,345
Current Officers, Directors, Trustees, and Key Employees$199,231$13,660$4,462$217,353
All Other Expenses$131,812$13,749$23,479$169,040
Payroll Taxes$124,240$8,518$2,783$135,541
Other Expenses$106,732--$106,732
Occupancy$84,441$7,506$1,876$93,823
Depreciation Depletion$63,319$5,628$1,407$70,354
Insurance$9,089$36,357-$45,446
Office Expenses$17,796$8,248$2,672$28,716
Information Technology$20,384--$20,384
Fees for Services Accounting-$19,865-$19,865
Fees for Services Other$11,300$5,947$11$17,258
Total Functional Expenses$4,247,833$326,262$104,237$4,678,332

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,350,050
Expenses per Audited Statements$4,678,332
Total Expenses per Form 990$4,678,332
Expenses Not Reported on Form 990$671,718
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,883
Fundraising Gross Income$2,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Voices for Change$57,958$2,500$10,883$-8,383
Total Events$57,958$2,500$10,883$-8,383
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, Part VI, Section B, Line 11

“The director of operations and finance reviews and assists in the preparation and review of form 990 with the school's cpa firm. A draft is then provided to the finance committee for final review. Once approved by the finance committee, the final form 990 is provided to the full board and then is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Management reviews any new significant contracts with the board to ensure adherence to the school's conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“Salaries for all key employees and teachers are reviewed on an annual basis. The board of directors compares salaries to other chicago public schools before making final determinations.”

Form 990, Part VI, Section C, Line 19

“The school makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

FORM 990, PART VII, SECTION A, COLUMNS D, E, F:

“Cj holmes was hired in january 2015 and therefore has no calendar year 2014 compensation listed in columns d, e and f.”

Filing and Contact Details

Filer

Filer Name
Polaris Charter Academy
EIN
01-0874029
Phone
7735340820
Address
620 NORTH SAWYER AVENUE, CHICAGO, IL 60624-1528

Signing Officer

Name
Michelle Navarre
Title
Head of School
Phone
7735340820
Signed
2016-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Navarre
Formed
2006
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
3
Employees
98
Volunteers
250

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N CITYFRONT PLAZA DR SUITE 1500, CHICAGO, IL 60611
Preparer
James G Quaid
Phone
3126707444
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the code) and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. In addition, the internal revenue service (irs) has determined that the school is not a private foundation within the meaning of section 509(a) of the code. The school has adopted the requirements for accounting for uncertain tax positions and management has determined that the school was not required to record a liability related to uncertain tax positions as of june 30, 2015 and 2014.”

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IRS990/Desc0WE ARE A K-8 CHARTER SCHOOL THAT OPENED IN THE FALL OF2007 IN THE CHICAGO NEIGHBORHOOD OF HUMBOLDT PARK. AS ANOFFICIAL EXPEDITIONARY LEARNING SCHOOL, OUR MODEL ISLEARNING BY DOING. THE MISSION OF POLARIS CHARTER ACADEMYIS TO EDUCATE STUDENTS TO BE SELF-MOTIVATED, CREATIVE, CRITICAL THINKERS, WITH THE ULTIMATE GOAL OF SHAPING LIFE-LONG LEARNERS AND CITIZENS WITH A STRONG SENSE OF PERSONAL AND CIVIC RESPONSIBILITY. DURING THE YEAR ENDED JUNE 30, 2015, THE SCHOOL SERVED 421 STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE.
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IRS990/InsuranceGrp/TotalAmt045446
IRS990/InvestmentIncomeGrp/ExclusionAmt0887
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0887
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0458586
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0247459
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0184894
IRS990/LandBldgEquipCostOrOtherBssAmt0643480
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ORGANIZE AND OPERATE A CHARTER SCHOOL IN CHICAGO,IL AND ENGAGE IN OTHER EDUCATION ACTIVITIES PERMISSABLE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01635229
IRS990/NetAssetsOrFundBalancesEOYAmt01709030
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-8383
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-8383
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01876
IRS990/OccupancyGrp/ManagementAndGeneralAmt07506
IRS990/OccupancyGrp/ProgramServicesAmt084441
IRS990/OccupancyGrp/TotalAmt093823
IRS990/OfficeExpensesGrp/FundraisingAmt02672
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08248
IRS990/OfficeExpensesGrp/ProgramServicesAmt017796
IRS990/OfficeExpensesGrp/TotalAmt028716
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05160
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015797
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0230388
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0251345
IRS990/OtherExpensesGrp/Desc0FOOD PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1OTHER DIR STUDENT COSTS
IRS990/OtherExpensesGrp/Desc2CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc3CPS ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/ProgramServicesAmt0215114
IRS990/OtherExpensesGrp/ProgramServicesAmt1125576
IRS990/OtherExpensesGrp/ProgramServicesAmt2122854
IRS990/OtherExpensesGrp/ProgramServicesAmt3106732
IRS990/OtherExpensesGrp/TotalAmt0215114
IRS990/OtherExpensesGrp/TotalAmt1125576
IRS990/OtherExpensesGrp/TotalAmt2122854
IRS990/OtherExpensesGrp/TotalAmt3106732
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt023515
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023515
IRS990/OtherRevenueTotalAmt023515
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt056619
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0173332
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02528055
IRS990/OtherSalariesAndWagesGrp/TotalAmt02758006
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02783
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08518
IRS990/PayrollTaxesGrp/ProgramServicesAmt0124240
IRS990/PayrollTaxesGrp/TotalAmt0135541
IRS990/PensionPlanContributionsGrp/FundraisingAmt05768
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017655
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0257502
IRS990/PensionPlanContributionsGrp/TotalAmt0280925
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt050000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt060000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022919
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028221
IRS990/PrincipalOfficerNm0MICHELLE NAVARRE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0FOOD PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0209651
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0209651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133444
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04486065
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01941
IRS990/PYOtherExpensesAmt0917801
IRS990/PYOtherRevenueAmt027182
IRS990/PYProgramServiceRevenueAmt0275707
IRS990/PYRevenuesLessExpensesAmt0588861
IRS990/PYSalariesCompEmpBnftPaidAmt03284233
IRS990/PYTotalExpensesAmt04202034
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04790895
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt073801
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0243095
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01136487
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01189250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04493019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04486065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03430630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02795129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02534360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017739203
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0887
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01941
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01825
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07959
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01188728
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt023515
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt035413
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014421
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019816
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07968
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0101133
IRS990ScheduleA/PublicSupportCY170Pct00.99390
IRS990ScheduleA/PublicSupportPY170Pct00.99380
IRS990ScheduleA/PublicSupportTotal170Amt017739203
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04493019
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04486065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03430630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02795129
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02534360
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017739203
IRS990ScheduleA/TotalSupportAmt017848295
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/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0671718
IRS990ScheduleD/DonatedServicesUseFcltsAmt0671718
IRS990ScheduleD/EquipmentGrp/BookValueAmt0124250
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0411546
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0535796
IRS990ScheduleD/ExpensesNotReportedAmt0671718
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04678332
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt060644
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt047040
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0107684
IRS990ScheduleD/RevenueNotReportedAmt0671718
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04752133
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE SCHOOL IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0184894
IRS990ScheduleD/TotalExpensesPerForm990Amt04678332
IRS990ScheduleD/TotalRevenuePerForm990Amt04752133
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05423851
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05350050
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS A NONDISCRIMINATORY POLICY. A COPY IS AVAILABLE UPON REQUEST.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES PER CAPITA TUITION THROUGH CHICAGO PUBLIC SCHOOLS AND GRANTS THROUGH FEDERAL AND STATE GOVERNMENTAL AGENCIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt055458
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt055458
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010883

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,732,971
Liabilities
$23,941
Net assets
$1,709,030
Revenue
$4,752,133
Expenses
$4,678,332
Net income
$73,801
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.20$0.09$2.11$6.03$6.51$0.48
2024Detailed filing. Detailed filing data is available for this year.$2.68$0.09$2.59$5.83$6.15$0.32
2023Detailed filing. Detailed filing data is available for this year.$3.01$0.10$2.91$5.85$6.42$0.56
2022Detailed filing. Detailed filing data is available for this year.$3.75$0.28$3.47$6.07$5.91$0.17
2021Detailed filing. Detailed filing data is available for this year.$3.37$0.07$3.31$6.30$5.47$0.82
2020Detailed filing. Detailed filing data is available for this year.$3.40$0.91$2.48$5.47$5.39$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.48$0.07$2.41$5.36$5.13$0.23
2018Detailed filing. Detailed filing data is available for this year.$2.22$0.04$2.18$5.20$4.90$0.30
2017Detailed filing. Detailed filing data is available for this year.$1.93$0.05$1.88$4.98$4.78$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.75$0.06$1.69$4.84$4.86$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.73$0.02$1.71$4.75$4.68$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.68$0.05$1.64$4.79$4.20$0.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.05$1.05$3.77$3.56$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.00$0.84$3.14
2011Summary only. Only limited summary data is available for this year.$0.90$0.01$0.89$2.58$2.53$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.07$0.84$2.10
Peer Organizations

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