Civic Intelligence

Frazier Academy Design Team Inc

EIN 20-5471007 • 501(c)3 • Chicago, IL

Profile

Providing educational and community opportunities for youths in pre-kindergarten through 8th grade.

3711 W Douglas Blvd Suite 309Chicago, IL 60623

www.frazierprep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-3.9%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,004,814 (-100%) from 2019

Liabilities

Down

$0

Down $459,219 (-100%) from 2019

Net Assets

Down

$0

Down $545,595 (-100%) from 2019

Operations
Liabilities / Revenue19th percentileNet Margin16th percentile

Revenue

Down

$3,133,368

Down $128,837 (-3.9%) from 2019

Expenses

Up

$3,678,963

Up $196,716 (+5.6%) from 2019

Net Income

Down

-$545,595

Down $325,553 (-148%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $809,029Liabilities 2010: $309,044Net Assets 2010: $499,9852010Assets 2011: $1,022,307Liabilities 2011: $256,723Net Assets 2011: $765,5842011Assets 2012: $897,406Liabilities 2012: $757,947Net Assets 2012: $139,4592012Assets 2013: $500,997Liabilities 2013: $379,590Net Assets 2013: $121,4072013Assets 2014: $705,093Liabilities 2014: $347,868Net Assets 2014: $357,2252014Assets 2015: $719,683Liabilities 2015: $227,614Net Assets 2015: $492,0692015Assets 2016: $1,028,415Liabilities 2016: $494,683Net Assets 2016: $533,7322016Assets 2017: $833,605Liabilities 2017: $169,832Net Assets 2017: $663,7732017Assets 2018: $1,160,048Liabilities 2018: $394,411Net Assets 2018: $765,6372018Assets 2019: $1,004,814Liabilities 2019: $459,219Net Assets 2019: $545,5952019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0
Open 2020 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,506,9382010Revenue 2011: $3,326,879Expenses 2011: $3,061,280Net Income 2011: $265,5992011Expenses 2012: $3,242,7652012Expenses 2013: $3,542,0792013Revenue 2014: $3,709,863Expenses 2014: $3,474,045Net Income 2014: $235,8182014Revenue 2015: $3,838,646Expenses 2015: $3,703,802Net Income 2015: $134,8442015Revenue 2016: $4,005,551Expenses 2016: $3,963,888Net Income 2016: $41,6632016Revenue 2017: $3,994,323Expenses 2017: $3,864,282Net Income 2017: $130,0412017Revenue 2018: $3,504,130Expenses 2018: $3,402,266Net Income 2018: $101,8642018Revenue 2019: $3,262,205Expenses 2019: $3,482,247Net Income 2019: -$220,0422019Revenue 2020: $3,133,368Expenses 2020: $3,678,963Net Income 2020: -$545,5952020

Highlighted filing

2020

Revenue$3,133,368
Expenses$3,678,963
Net Income-$545,595
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$3,133,368
Expenses
$3,678,963
Net income
-$545,595
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.13$3.68$0.55
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.46$0.55$3.26$3.48$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.39$0.77$3.50$3.40$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.83$0.17$0.66$3.99$3.86$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.49$0.53$4.01$3.96$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.23$0.49$3.84$3.70$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.35$0.36$3.71$3.47$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.38$0.12$3.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.76$0.14$3.24
2011Summary only. Only limited summary data is available for this year.$1.02$0.26$0.77$3.33$3.06$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.31$0.50$3.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 30, 2021
Return Version
2019v5.2
Gross Receipts
$3,152,725
Mission and Program Overview

Mission

Providing educational and community opportunities for youths in pre-kindergarten through 8th grade.

Providing educational and community opportunities for youths in pre-k through 8th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$719,627$0▼ $719,627
Accounts Receivable$241,648$0▼ $241,648
Land, Buildings, and Equipment, Net$39,148$0▼ $39,148
Prepaid Expenses and Deferred Charges$4,391$0▼ $4,391
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,004,814$0▼ $1,004,814
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$459,219--
Total Liabilities$459,219$0▼ $459,219
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$545,595$0▼ $545,595
Total Net Assets Fund Balance$545,595$0▼ $545,595
Total Liabilities and Net Assets / Fund Balance$1,004,814$0▼ $1,004,814
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Tommy DuffBoard President
Joyce SteeleBoard Member
Nedra JoinerSecretary
Ronald NolenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,013,055
Program Service Revenue
$0
Investment Income
$-18,572
Other Revenue
$138,885
Change in Net Assets
$-545,595

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,133,368
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$717,699
Total Revenue per Audited Statements
$3,851,067
Total Revenue per Form 990
$3,133,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,381,939
Other Expenses$1,297,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,529,059$415,788-$1,944,847
Fees for Services Other$66,995$173,663-$240,658
Occupancy$203,282$22,587-$225,869
Other Employee Benefits$169,050$40,592-$209,642
Pension Plan Contributions$130,353--$130,353
Office Expenses$17,673$99,375-$117,048
Payroll Taxes$70,547$26,550-$97,097
Other Expenses$136,928$43,278-$43,278
Fees for Services Legal-$42,557-$42,557
All Other Expenses$4,647$37,573-$42,220
Insurance$24,166$2,685-$26,851
Depreciation Depletion$17,812$1,979-$19,791
Travel-$18,460-$18,460
Advertising-$14,323-$14,323
Fees for Services Accounting-$2,750-$2,750
Total Functional Expenses$2,370,512$1,308,451$0$3,678,963

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,396,662
Expenses per Audited Statements$3,678,963
Total Expenses per Form 990$3,678,963
Expenses Not Reported on Form 990$717,699
Expenses Not Reported on Financial Statements$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 11B

“The president of the board provides a copy of the final draft 990 to the board of trustees. The board of trustees reviews the form 990 prior to its filing and asks questions if they have any. A copy of the final 990 is provided to all board members prior to filing.”

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

“The board of directors are required on an annual basis to affirm their understanding and compliance with the conflict of interest policy in the form of an annual statement. No conflict of interest has arisen to date, therefore no enforcement has been needed. All interested parties self monitor throughout the year and if a conflict is identified then the interested person is required to disclose the conflict immediately.”

Form 990, Part VI, Section B, Line 15

“The board of trustees reviews the salary structures of officers and employees on an annual basis using comparability data provided by chicago public schools. The deliberation and decisions regarding salary are documented in the board of directors meeting minutes.”

Form 990, Part VI, Section C, Line 19

“Documents are maintained on file for public review in the school's office.”

Filing and Contact Details

Filer

Filer Name
Frazier Academy Design Team Inc
EIN
20-5471007
Phone
7735346776
Address
3711 W DOUGLAS BLVD SUITE 309, CHICAGO, IL 60623
Doing Business As
Frazier Preparatory Academy

Signing Officer

Name
Tommy Duff
Title
Board President
Phone
7735346776
Signed
2021-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tommy Duff
Formed
2006
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
37
Volunteers
8

Preparer

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

Additional Explanations

FORM 990, PART IV, LINE 31 - DISSOLUTION:

“The organization filed articles of dissolution with the applicable state agency. A copy is on file and can be provided if requested.”

Part XII Ln 1

“The liquidation-basis accounting method has been adopted in accordance with accounting principles generally accepted in the united states, with april 14, 2020 as the effective date of liquidation. Estimated operating costs through the end of liquidation have been accrued as of june 30, 2020. Under the liquidation basis of accounting, assets are recognized at net realizable value, and liabilities are reported at settlement value.”

Financial Statement Notes

PART X, LINE 2:

“Frazier 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 has determined that frazier is not a private foundation within the meaning of section 509(a) of the code. Management has determined that frazier was not required to record a liability related to uncertain tax positions as of june 30, 2020.”

Raw XML AppendixShowing 400 of 401 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/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0TOMMY DUFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03249780
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0422
IRS990/PYOtherExpensesAmt01275809
IRS990/PYOtherRevenueAmt04563
IRS990/PYProgramServiceRevenueAmt07440
IRS990/PYRevenuesLessExpensesAmt0-220042
IRS990/PYSalariesCompEmpBnftPaidAmt02206438
IRS990/PYTotalExpensesAmt03482247
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03262205
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-545595
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0719627
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0717699
IRS990ScheduleD/DonatedServicesUseFcltsAmt0717699
IRS990ScheduleD/ExpensesNotReportedAmt0717699
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03678963
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0717699
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03133368
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FRAZIER 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 HAS DETERMINED THAT FRAZIER IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. MANAGEMENT HAS DETERMINED THAT FRAZIER WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03678963
IRS990ScheduleD/TotalRevenuePerForm990Amt03133368
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03851067
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04396662
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 ORGANIZATION MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY AND COMMUNICATES THIS POLICY TO ALL PROSPECTIVE STUDENTS AND THEIR FAMILIES. A COPY OF THE POLICY IS ALSO AVAILABLE UPON REQUEST.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVED FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS TO ASSIST IN THE SCHOOL'S EFFORT TO PROVIDE AN EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0FIXED ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1ACCRUED COSTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02020-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12020-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt019357
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1186000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0NET REALIZABLE VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1SETTLEMENT VALUE
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FILED ARTICLES OF DISSOLUTION WITH THE APPLICABLE STATE AGENCY. A COPY IS ON FILE AND CAN BE PROVIDED IF REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT OF THE BOARD PROVIDES A COPY OF THE FINAL DRAFT 990 TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES REVIEWS THE FORM 990 PRIOR TO ITS FILING AND ASKS QUESTIONS IF THEY HAVE ANY. A COPY OF THE FINAL 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE REQUIRED ON AN ANNUAL BASIS TO AFFIRM THEIR UNDERSTANDING AND COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IN THE FORM OF AN ANNUAL STATEMENT. NO CONFLICT OF INTEREST HAS ARISEN TO DATE, THEREFORE NO ENFORCEMENT HAS BEEN NEEDED. ALL INTERESTED PARTIES SELF MONITOR THROUGHOUT THE YEAR AND IF A CONFLICT IS IDENTIFIED THEN THE INTERESTED PERSON IS REQUIRED TO DISCLOSE THE CONFLICT IMMEDIATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF TRUSTEES REVIEWS THE SALARY STRUCTURES OF OFFICERS AND EMPLOYEES ON AN ANNUAL BASIS USING COMPARABILITY DATA PROVIDED BY CHICAGO PUBLIC SCHOOLS. THE DELIBERATION AND DECISIONS REGARDING SALARY ARE DOCUMENTED IN THE BOARD OF DIRECTORS MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MAINTAINED ON FILE FOR PUBLIC REVIEW IN THE SCHOOL'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LIQUIDATION-BASIS ACCOUNTING METHOD HAS BEEN ADOPTED IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES, WITH APRIL 14, 2020 AS THE EFFECTIVE DATE OF LIQUIDATION. ESTIMATED OPERATING COSTS THROUGH THE END OF LIQUIDATION HAVE BEEN ACCRUED AS OF JUNE 30, 2020. UNDER THE LIQUIDATION BASIS OF ACCOUNTING, ASSETS ARE RECOGNIZED AT NET REALIZABLE VALUE, AND LIABILITIES ARE REPORTED AT SETTLEMENT VALUE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART IV, LINE 31 - DISSOLUTION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII LN 1
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt01004814
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01004814
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03013055
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01308451
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02370512
IRS990/TotalFunctionalExpensesGrp/TotalAmt03678963
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0459219
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0459219
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0545595
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02370512
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0120313
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03133368
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01004814
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt018460
IRS990/TravelGrp/TotalAmt018460
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03711 W DOUGLAS BLVD SUITE 309
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060623
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.FRAZIERPREP.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOMMY DUFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07735346776
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRAZIER ACADEMY DESIGN TEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0FRAZ
ReturnHeader/Filer/EIN0205471007
ReturnHeader/Filer/PhoneNum07735346776
ReturnHeader/Filer/USAddress/AddressLine1Txt03711 W DOUGLAS BLVD SUITE 309
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060623
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362938874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OSTROW REISIN BERK & ABRAMS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 N CITYFRONT PLAZA DR SUITE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03126707444
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRY SOPHIAN
ReturnHeader/ReturnTs02021-05-11T11:02:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30

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