Civic Intelligence

Legacy Charter School Co Dentons

990 • Fiscal year 2017 • EIN 20-1946624

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 10, 2018

Organization ProfileWWW.LEGACYCHARTERCHICAGO.ORG

View Organization Page

3318 West Ogden AvenueChicago, IL 60623

(773) 542-1640

Siviq Scores

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

Liabilities / Assets

27th percentile

0.03x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.06x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

28th percentile

-3.0%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

29th percentile

$75,485

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

29th percentile

-1.4%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-22%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$9,951,101

Down $144,985 (-1.4%) from 2016

Net Assets

Down

$9,632,043

Down $151,245 (-1.5%) from 2016

Liabilities

Up

$319,058

Up $6,260 (+2.0%) from 2016

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin28th percentile

Revenue

Down

$4,962,036

Down $1,428,795 (-22%) from 2016

Expenses

Down

$5,113,281

Down $1,653,257 (-24%) from 2016

Net Income

Up

-$151,245

Up $224,462 (+60%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$30M$20M$10M$0Assets 2010: $8,684,214Liabilities 2010: $2,246Net Assets 2010: $8,681,9682010Assets 2011: $8,658,771Liabilities 2011: $53,613Net Assets 2011: $8,605,1582011Assets 2012: $8,608,146Liabilities 2012: $52,117Net Assets 2012: $8,556,0292012Assets 2013: $8,879,337Liabilities 2013: $88,262Net Assets 2013: $8,791,0752013Assets 2014: $9,962,642Liabilities 2014: $31,213Net Assets 2014: $9,931,4292014Assets 2015: $10,277,910Liabilities 2015: $118,915Net Assets 2015: $10,158,9952015Assets 2016: $10,096,086Liabilities 2016: $312,798Net Assets 2016: $9,783,2882016Assets 2017: $9,951,101Liabilities 2017: $319,058Net Assets 2017: $9,632,0432017Assets 2018: $11,537,321Liabilities 2018: $310,034Net Assets 2018: $11,227,2872018Assets 2019: $12,225,880Liabilities 2019: $463,541Net Assets 2019: $11,762,3392019Assets 2020: $13,264,945Liabilities 2020: $1,544,569Net Assets 2020: $11,720,3762020Assets 2021: $13,709,522Liabilities 2021: $1,266,163Net Assets 2021: $12,443,3592021Assets 2022: $13,150,588Liabilities 2022: $538,994Net Assets 2022: $12,611,5942022Assets 2023: $23,835,965Liabilities 2023: $4,324,118Net Assets 2023: $19,511,8472023Assets 2024: $23,690,831Liabilities 2024: $4,394,957Net Assets 2024: $19,295,8742024

Highlighted filing

2017

Assets$9,951,101
Liabilities$319,058
Net Assets$9,632,043
Open 2017 Filing

Operations Trend

Revenue Growth11th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,899,6562010Expenses 2011: $3,528,0972011Revenue 2012: $4,162,719Expenses 2012: $4,211,848Net Income 2012: -$49,1292012Expenses 2013: $4,120,4302013Revenue 2014: $5,587,007Expenses 2014: $4,547,649Net Income 2014: $1,039,3582014Revenue 2015: $5,217,609Expenses 2015: $4,990,043Net Income 2015: $227,5662015Revenue 2016: $6,390,831Expenses 2016: $6,766,538Net Income 2016: -$375,7072016Revenue 2017: $4,962,036Expenses 2017: $5,113,281Net Income 2017: -$151,2452017Revenue 2018: $6,061,188Expenses 2018: $5,530,237Net Income 2018: $530,9512018Revenue 2019: $6,434,933Expenses 2019: $5,899,881Net Income 2019: $535,0522019Revenue 2020: $6,752,230Expenses 2020: $6,794,193Net Income 2020: -$41,9632020Revenue 2021: $7,657,330Expenses 2021: $6,934,347Net Income 2021: $722,9832021Revenue 2022: $8,123,157Expenses 2022: $7,170,001Net Income 2022: $953,1562022Revenue 2023: $8,154,768Expenses 2023: $8,579,805Net Income 2023: -$425,0372023Revenue 2024: $8,713,879Expenses 2024: $8,929,852Net Income 2024: -$215,9732024

Highlighted filing

2017

Revenue$4,962,036
Expenses$5,113,281
Net Income-$151,245
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 10, 2018
Return Version
2016v3.0
Gross Receipts
$4,962,036
Mission and Program Overview

Mission

The school's mission is to create an outstanding center for teaching and learning for children and their families that will recognize and nurture the full potential of every child, provide a foundation for a college education and educate students to be creative and critical thinkers and responsible citizens in school, at home and in the broader community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$8,715,125$8,715,125→ $0
Savings and Temporary Cash Investments$852,610$945,806▲ $93,196
Accounts Receivable$393,849$163,945▼ $229,904
Land, Buildings, and Equipment, Net$37,574$52,746▲ $15,172
Pledges and Grants Receivable$71,166$37,333▼ $33,833
Prepaid Expenses and Deferred Charges$25,262$35,646▲ $10,384
Cash and Non-Interest-Bearing Accounts$500$500→ $0
Total Assets$10,096,086$9,951,101▼ $144,985
Liabilities
Other Liabilities$275,499$260,499▼ $15,000
Accounts Payable and Accrued Expenses$37,299$58,559▲ $21,260
Total Liabilities$312,798$319,058▲ $6,260
Net Assets / Fund Balance
Unrestricted Net Assets$2,207,220$6,232,979▲ $4,025,759
Temporarily Rstr Net Assets$7,576,068$3,399,064▼ $4,177,004
Total Net Assets Fund Balance$9,783,288$9,632,043▼ $151,245
Total Liabilities and Net Assets / Fund Balance$10,096,086$9,951,101▼ $144,985

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$49,918$236,849$286,767
Other Land Buildings$2,828$22,245$25,073
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard GlassPrincipalFT$61,776$13,709$75,485
Andrew TobinTreasurerFT$43,547$6,563$50,110

Board Members and Trustees

NameTitle
Rev Carolyn VesselCo-Chair
Susan LucasCo-Chair
Cathy FeldmanDirector
Elizabeth RogersDirector
Errol StoneDirector
Gillian FlynnDirector
James BicakDirector
Lavon JohnsDirector
Leslie DavisDirector
Lisa KennerDirector
Michele GossmeyerDirectoR
Pamela BakerDirECTOR
Robert MesserlyDirector
Sven CarlssonDireCTOR
Elke RehbockSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,890,934
Program Service Revenue
$4,564
Investment Income
$52,261
Other Revenue
$14,277
All Other Contributions
$504,528
Change in Net Assets
$-151,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,444,576
Other Expenses$1,215,060
Grants and Similar Amounts Paid$453,645
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,593,132--$2,593,132
Occupancy$587,732--$587,732
Grants to Domestic Orgs$453,645--$453,645
Other Employee Benefits$278,437--$278,437
Pension Plan Contributions$277,410--$277,410
Current Officers, Directors, Trustees, and Key Employees$195,719--$195,719
Payroll Taxes$99,878--$99,878
Fees for Services Other$32,750$15,845-$48,595
Information Technology$44,952--$44,952
Insurance$42,880--$42,880
Office Expenses$39,074--$39,074
Other Expenses$37,311--$37,311
Depreciation Depletion$33,304--$33,304
Fees for Services Accounting-$22,500-$22,500
All Other Expenses$5,416--$5,416
Total Functional Expenses$5,074,936$38,345$0$5,113,281
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Legacy Charter School Support CorporationChicago, IL501(c)(3)Funding to Build a School-
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Legacy Support Corp$260,499
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“The school was founded by the law firm sonnenschein nath and rosenthal llp, now know as dentons. Numerous directors on the school's board are employed by or partners of dentons and may be clients of dentons. Dentons contributes administrative, accounting, and technology services to the school.”

Form 990, Part VI, Section A, line 8B

“There are no committees with the authority to act on behalf of the governing body.”

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

“The school's cpa firm assists in the preparation of form 990. A draft copy is reviewed by the board treasurer. An electronic version of form 990 is provided to board members for review prior to filing.”

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

“The conflict of interest policy is given to board members yearly and a conflicts of interest policy is also included in the personnel handbook given out at the start of each school year.”

Form 990, Part VI, Section B, line 15

“Annual salaries and changes to annual salaries are determined by the board on a yearly basis. A variety of information is used to determine appropriate compensation levels.”

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
Legacy Charter School
EIN
20-1946624
Phone
7735421640
Address
3318 WEST OGDEN AVENUE, CHICAGO, IL 60623

Signing Officer

Name
Andrew G Tobin
Title
Treasurer/director of Finance
Phone
3128762862
Signed
2018-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Errol L Stone
Formed
2003
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
15
Employees
78
Volunteers
20

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, 2017 and 2016.”

Raw XML AppendixShowing 400 of 555 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt037299
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt058559
IRS990/AccountsReceivableGrp/BOYAmt0393849
IRS990/AccountsReceivableGrp/EOYAmt0163945
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt0504528
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05416
IRS990/AllOtherExpensesGrp/TotalAmt05416
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0ANDREW G TOBIN
IRS990/BooksInCareOfDetail/PhoneNum07735421640
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04217 W 18TH STREET NORTH BUILDING
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060623
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0500
IRS990/CashNonInterestBearingGrp/EOYAmt0500
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0195719
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0195719
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04890934
IRS990/CYGrantsAndSimilarPaidAmt0453645
IRS990/CYInvestmentIncomeAmt052261
IRS990/CYOtherExpensesAmt01215060
IRS990/CYOtherRevenueAmt014277
IRS990/CYProgramServiceRevenueAmt04564
IRS990/CYRevenuesLessExpensesAmt0-151245
IRS990/CYSalariesCompEmpBnftPaidAmt03444576
IRS990/CYTotalExpensesAmt05113281
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04962036
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt033304
IRS990/DepreciationDepletionGrp/TotalAmt033304
IRS990/Desc0THE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY. THE SCHOOL WAS FOUNDED BY SONNENSCHEIN NATH AND ROSENTHAL LLP. DURING FYE JUNE 30, 2017, THE SCHOOL SERVED APPROXIMATELY 500 STUDENTS IN PRE-KINDERGARTEN THROUGH 8TH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt078
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05074936
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022500
IRS990/FeesForServicesAccountingGrp/TotalAmt022500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015845
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt032750
IRS990/FeesForServicesOtherGrp/TotalAmt048595
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt36563
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1613709
IRS990/Form990PartVIISectionAGrp/PersonNm0SUSAN LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm1REV CAROLYN VESSEL
IRS990/Form990PartVIISectionAGrp/PersonNm2ELKE REHBOCK
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDREW TOBIN
IRS990/Form990PartVIISectionAGrp/PersonNm4Pamela Baker
IRS990/Form990PartVIISectionAGrp/PersonNm5James Bicak
IRS990/Form990PartVIISectionAGrp/PersonNm6Sven Carlsson
IRS990/Form990PartVIISectionAGrp/PersonNm7LESLIE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm8Cathy Feldman
IRS990/Form990PartVIISectionAGrp/PersonNm9GILLIAN FLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm10Michele Gossmeyer
IRS990/Form990PartVIISectionAGrp/PersonNm11LAVON JOHNS
IRS990/Form990PartVIISectionAGrp/PersonNm12LISA KENNER
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT MESSERLY
IRS990/Form990PartVIISectionAGrp/PersonNm14ELIZABETH ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm15ERROL STONE
IRS990/Form990PartVIISectionAGrp/PersonNm16RICHARD GLASS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt343547
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1661776
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Co-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Co-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DirECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6DireCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10DirectoR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt04386406
IRS990/GrantAmt0453645
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0453645
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0453645
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04962036
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt044952
IRS990/InformationTechnologyGrp/TotalAmt044952
IRS990/InsuranceGrp/ProgramServicesAmt042880
IRS990/InsuranceGrp/TotalAmt042880
IRS990/InvestmentIncomeGrp/ExclusionAmt052261
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt052261
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0259094
IRS990/LandBldgEquipBasisNetGrp/BOYAmt037574
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052746
IRS990/LandBldgEquipCostOrOtherBssAmt0311840
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09783288
IRS990/NetAssetsOrFundBalancesEOYAmt09632043
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0587732
IRS990/OccupancyGrp/TotalAmt0587732
IRS990/OfficeExpensesGrp/ProgramServicesAmt039074
IRS990/OfficeExpensesGrp/TotalAmt039074
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0278437
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0278437
IRS990/OtherExpensesGrp/Desc0DIRECT STUDENT COSTS
IRS990/OtherExpensesGrp/Desc1CPS ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/Desc2CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0164169
IRS990/OtherExpensesGrp/ProgramServicesAmt1100296
IRS990/OtherExpensesGrp/ProgramServicesAmt288831
IRS990/OtherExpensesGrp/ProgramServicesAmt337311
IRS990/OtherExpensesGrp/TotalAmt0164169
IRS990/OtherExpensesGrp/TotalAmt1100296
IRS990/OtherExpensesGrp/TotalAmt288831
IRS990/OtherExpensesGrp/TotalAmt337311
IRS990/OtherLiabilitiesGrp/BOYAmt0275499
IRS990/OtherLiabilitiesGrp/EOYAmt0260499
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt014277
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014277
IRS990/OtherRevenueTotalAmt014277
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02593132
IRS990/OtherSalariesAndWagesGrp/TotalAmt02593132
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt08715125
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08715125
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt099878
IRS990/PayrollTaxesGrp/TotalAmt099878
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0277410
IRS990/PensionPlanContributionsGrp/TotalAmt0277410
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt071166
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt037333
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025262
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035646
IRS990/PrincipalOfficerNm0ERROL L STONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04564
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04564
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06299871
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01834185
IRS990/PYInvestmentIncomeAmt029509
IRS990/PYOtherExpensesAmt0990428
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt061451
IRS990/PYRevenuesLessExpensesAmt0-375707
IRS990/PYSalariesCompEmpBnftPaidAmt03941925
IRS990/PYTotalExpensesAmt06766538
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06390831
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-151245
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04564
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0852610
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0945806
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04890934
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06299871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05112073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05509030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04279110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt026091018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt052261
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06684
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013705
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0115202
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0282904
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014277
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt036
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02898
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06624
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023835
IRS990ScheduleA/PublicSupportCY170Pct00.94170
IRS990ScheduleA/PublicSupportPY170Pct00.93760
IRS990ScheduleA/PublicSupportTotal170Amt024700604
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt01390414
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04890934
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06299871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05112073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05509030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04279110
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt026091018
IRS990ScheduleA/TotalSupportAmt026230055
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt049918
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0236849
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0286767
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02828
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022245
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025073
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0260499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Legacy Support Corp
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, 2017 AND 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052746
IRS990ScheduleD/TotalLiabilityAmt0260499
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 FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. A COPY OF THE POLICY IS AVAILABLE UPON REQUEST.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FEDERAL AND STATE GRANTS THROUGH VARIOUS GOVERNMENTAL AGENCIES, INCLUDING CHICAGO PUBLIC SCHOOLS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,951,101
Liabilities
$319,058
Net assets
$9,632,043
Revenue
$4,962,036
Expenses
$5,113,281
Net income
-$151,245
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$4.39$19.3$8.71$8.93$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$4.32$19.5$8.15$8.58$0.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$0.54$12.6$8.12$7.17$0.95
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$1.27$12.4$7.66$6.93$0.72
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$1.54$11.7$6.75$6.79$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.46$11.8$6.43$5.90$0.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$0.31$11.2$6.06$5.53$0.53
2017Detailed filing. Detailed filing data is available for this year.$9.95$0.32$9.63$4.96$5.11$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.31$9.78$6.39$6.77$0.38
2015Detailed filing. Detailed filing data is available for this year.$10.3$0.12$10.2$5.22$4.99$0.23
2014Detailed filing. Detailed filing data is available for this year.$9.96$0.03$9.93$5.59$4.55$1.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.88$0.09$8.79$4.12
2012Summary only. Only limited summary data is available for this year.$8.61$0.05$8.56$4.16$4.21$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.66$0.05$8.61$3.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.68$0.00$8.68$2.90