Civic Intelligence

Polaris Charter Academy

990 • Fiscal year 2018 • EIN 01-0874029

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 29, 2018

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

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

11th percentile

0.01x

Higher debt load relative to revenue than 11% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

58th percentile

5.7%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

60th percentile

$145,408

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

79th percentile

15%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

4.5%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$2,217,539

Up $289,478 (+15%) from 2017

Net Assets

Up

$2,177,171

Up $295,379 (+16%) from 2017

Liabilities

Down

$40,368

Down $5,901 (-13%) from 2017

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin58th percentile

Revenue

Up

$5,197,732

Up $222,137 (+4.5%) from 2017

Expenses

Up

$4,902,353

Up $118,217 (+2.5%) from 2017

Net Income

Up

$295,379

Up $103,920 (+54%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth79th 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

2018

Assets$2,217,539
Liabilities$40,368
Net Assets$2,177,171
Open 2018 Filing

Operations Trend

Revenue Growth52nd 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

2018

Revenue$5,197,732
Expenses$4,902,353
Net Income$295,379
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 29, 2018
Return Version
2017v2.3
Gross Receipts
$5,209,512
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.

The mission of polaris charter academy is 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$1,363,242$1,937,968▲ $574,726
Accounts Receivable$258,810$119,521▼ $139,289
Land, Buildings, and Equipment, Net$125,494$95,200▼ $30,294
Pledges and Grants Receivable$135,658$53,856▼ $81,802
Prepaid Expenses and Deferred Charges$44,857$10,994▼ $33,863
Total Assets$1,928,061$2,217,539▲ $289,478
Liabilities
Accounts Payable and Accrued Expenses$40,941$40,368▼ $573
Deferred Revenue$5,328--
Total Liabilities$46,269$40,368▼ $5,901
Net Assets / Fund Balance
Unrestricted Net Assets$1,385,303$1,824,860▲ $439,557
Temporarily Rstr Net Assets$496,489$352,311▼ $144,178
Total Net Assets Fund Balance$1,881,792$2,177,171▲ $295,379
Total Liabilities and Net Assets / Fund Balance$1,928,061$2,217,539▲ $289,478

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$57,357$265,476$322,833
Leasehold Improvements$37,843$66,109$103,952
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle NavarreHead of School/memberFT$136,229$9,179$145,408

Board Members and Trustees

NameTitle
Arun BhatiaBoard Chair
Samuel BottumVice Chair
Bennett BrentonMember
Claire HendersonMember
Daniel EpsteinMember
Lauren WeinMember
Mary HicksMember
Melanie DomerMember
Tina YarovskySecretary
Michael DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,963,157
Program Service Revenue
$236,621
Investment Income
$831
Other Revenue
$-2,877
All Other Contributions
$259,136
Change in Net Assets
$295,379

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,197,732
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$589,584
Total Revenue per Audited Statements
$5,787,316
Total Revenue per Form 990
$5,197,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,778,851
Other Expenses$1,123,502
Total Fundraising Expense$109,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,590,981$135,856$76,286$2,803,123
Other Employee Benefits$338,721$17,761$9,973$366,455
Pension Plan Contributions$283,291$2,869$2,881$289,041
Fees for Services Other$221,091$6,473$4,311$231,875
Current Officers, Directors, Trustees, and Key Employees$158,115$8,296$4,653$171,064
Payroll Taxes$137,878$7,230$4,060$149,168
Other Expenses$97,199$1,334-$98,533
Occupancy$93,129$2,941$1,961$98,031
Information Technology$59,496$2,072$518$62,086
All Other Expenses$55,660$6,372-$62,032
Office Expenses$33,554$14,737$4,002$52,293
Fees for Services Accounting-$49,305-$49,305
Depreciation Depletion$41,609$1,314$876$43,799
Insurance$17,231$544$363$18,138
Total Functional Expenses$4,535,365$257,104$109,884$4,902,353

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,491,937
Expenses per Audited Statements$4,902,353
Total Expenses per Form 990$4,902,353
Expenses Not Reported on Form 990$589,584
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$11,780
Fundraising Gross Income$2,950
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
A Celebration of Learning$75,875$2,950$3,005$-55
Total Events$75,875$2,950$11,780$-8,830
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 A, Line 8B

“The organization does not have any committees with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“A contracted, interim director of finance reviews and assists in the preparation and review of form 990 with the school's cpa firm. A draft is provided to the finance committee and reviewed with them. Once approved, 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 and approved on an annual basis by the independent board of directors. The board of directors compares salaries to other chicago public schools before making final determinations with substantiation of the deliberation and decision.”

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.”

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
2018-11-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Navarre
Formed
2006
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
93
Volunteers
90

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, 2018 and 2017.”

Raw XML AppendixShowing 400 of 517 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.

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IRS990/ActivityOrMissionDesc0THE MISSION OF POLARIS CHARTER ACADEMY IS 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.
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IRS990/Desc0POLARIS CHARTER ACADEMY IS A K-8 SCHOOL IN THE WEST HUMBOLDT PARK NEIGHBORHOOD OF CHICAGO. POLARIS IS A RECOGNIZED LEADER IN A RIGOROUS AND ENGAGING APPROACH TO TEACHING AND LEARNING. AS AN EL EDUCATION CREDENTIALED MENTOR SCHOOL, POLARIS STUDENTS ENGAGE IN LEARNING EXPEDITIONS THAT TIE STANDARDS TO MEANINGFUL WORK FOCUSED ON FINDING COMPLEX SOLUTIONS TO REAL WORLD PROBLEMS AROUND ISSUES OF SOCIAL JUSTICE. POLARIS CHARTER ACADEMY HAS HAD A BROAD IMPACT ON NATIONAL AND INTERNATIONAL EDUCATION. POLARIS STUDENTS HAVE GIVEN THE KEYNOTE ADDRESS AT BOTH THE EL EDUCATION NATIONAL CONFERENCE AND THE HEWLETT FOUNDATION'S DEEPER LEARNING CONFERENCE. TEACHERS AND ADMINISTRATORS HAVE PRESENTED THEIR WORK BOTH NATIONALLY AND INTERNATIONALLY TO THOUSANDS OF EDUCATORS. POLARIS IS FEATURED AS AN EXEMPLARY SCHOOL MODEL IN PAUL TOUGH'S BOOK HELPING CHILDREN SUCCEED, AND POLARIS STUDENT WORK IS FEATURED IN THE HARVARD GRADUATE SCHOOL OF EDUCATION'S ONLINE ARCHIVE "MODELS OF EXCELLENCE". POLARIS CHARTER ACADEMY IS A LEVEL 1 SCHOOL WHERE 8TH GRADE GRADUATES SUCCESSFULLY TRANSITION TO TOP HIGH SCHOOLS AROUND THE CITY. THIS YEAR ALONE THREE POLARIS GRADUATES HAVE BEEN AWARDED THE PRESTIGIOUS AND COMPETITIVE DANIEL MURPHY SCHOLARSHIP TOTALING APPROXIMATELY $300,000 IN HIGH SCHOOL SCHOLARSHIP FUNDS.
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IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0518
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02072
IRS990/InformationTechnologyGrp/ProgramServicesAmt059496
IRS990/InformationTechnologyGrp/TotalAmt062086
IRS990/InsuranceGrp/FundraisingAmt0363
IRS990/InsuranceGrp/ManagementAndGeneralAmt0544
IRS990/InsuranceGrp/ProgramServicesAmt017231
IRS990/InsuranceGrp/TotalAmt018138
IRS990/InvestmentIncomeGrp/ExclusionAmt0831
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0831
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0331585
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0125494
IRS990/LandBldgEquipBasisNetGrp/EOYAmt095200
IRS990/LandBldgEquipCostOrOtherBssAmt0426785
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
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/NetAssetsOrFundBalancesBOYAmt01881792
IRS990/NetAssetsOrFundBalancesEOYAmt02177171
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-8830
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-8830
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01961
IRS990/OccupancyGrp/ManagementAndGeneralAmt02941
IRS990/OccupancyGrp/ProgramServicesAmt093129
IRS990/OccupancyGrp/TotalAmt098031
IRS990/OfficeExpensesGrp/FundraisingAmt04002
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014737
IRS990/OfficeExpensesGrp/ProgramServicesAmt033554
IRS990/OfficeExpensesGrp/TotalAmt052293
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09973
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017761
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0338721
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0366455
IRS990/OtherExpensesGrp/Desc0FOOD PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1CPS ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/Desc2DIRECT STUDENT COSTS
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01334
IRS990/OtherExpensesGrp/ProgramServicesAmt0189807
IRS990/OtherExpensesGrp/ProgramServicesAmt1118969
IRS990/OtherExpensesGrp/ProgramServicesAmt298634
IRS990/OtherExpensesGrp/ProgramServicesAmt397199
IRS990/OtherExpensesGrp/TotalAmt0189807
IRS990/OtherExpensesGrp/TotalAmt1118969
IRS990/OtherExpensesGrp/TotalAmt298634
IRS990/OtherExpensesGrp/TotalAmt398533
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt05953
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05953
IRS990/OtherRevenueTotalAmt05953
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt076286
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0135856
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02590981
IRS990/OtherSalariesAndWagesGrp/TotalAmt02803123
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04060
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07230
IRS990/PayrollTaxesGrp/ProgramServicesAmt0137878
IRS990/PayrollTaxesGrp/TotalAmt0149168
IRS990/PensionPlanContributionsGrp/FundraisingAmt02881
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02869
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0283291
IRS990/PensionPlanContributionsGrp/TotalAmt0289041
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0135658
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt053856
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044857
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010994
IRS990/PrincipalOfficerNm0MICHELLE NAVARRE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0FOOD PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0197963
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt138658
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0197963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt138658
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04706771
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0461
IRS990/PYOtherExpensesAmt01116995
IRS990/PYOtherRevenueAmt015610
IRS990/PYProgramServiceRevenueAmt0252753
IRS990/PYRevenuesLessExpensesAmt0191459
IRS990/PYSalariesCompEmpBnftPaidAmt03667141
IRS990/PYTotalExpensesAmt04784136
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04975595
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0295379
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0236621
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01363242
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01937968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04963157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04706771
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04579843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04493019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04486065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023228855
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0461
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0587
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0887
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01941
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04707
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01281934
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05953
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt023646
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08596
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt023515
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt035413
IRS990ScheduleA/OtherIncome170Grp/TotalAmt097123
IRS990ScheduleA/PublicSupportCY170Pct00.99560
IRS990ScheduleA/PublicSupportPY170Pct00.99490
IRS990ScheduleA/PublicSupportTotal170Amt023228855
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04963157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04706771
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04579843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04493019
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04486065
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023228855
IRS990ScheduleA/TotalSupportAmt023330685
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0589584
IRS990ScheduleD/DonatedServicesUseFcltsAmt0589584
IRS990ScheduleD/EquipmentGrp/BookValueAmt057357
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0265476
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0322833
IRS990ScheduleD/ExpensesNotReportedAmt0589584
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04902353
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt037843
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066109
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0103952
IRS990ScheduleD/RevenueNotReportedAmt0589584
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05197732
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, 2018 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt095200
IRS990ScheduleD/TotalExpensesPerForm990Amt04902353
IRS990ScheduleD/TotalRevenuePerForm990Amt05197732
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05787316
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05491937
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/CharitableContributionsTotAmt072925
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt072925
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011780
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0A CELEBRATION OF LEARNING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08775
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08775
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt075875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt075875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02950

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,217,539
Liabilities
$40,368
Net assets
$2,177,171
Revenue
$5,197,732
Expenses
$4,902,353
Net income
$295,379
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