Civic Intelligence

Francis W Parker School

EIN 36-2171732 • 501(c)3 • Chicago, IL

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Profile

The Francis W. Parker School (Parker) educates students to think and act with empathy, courage and clarity as responsible citizens and leaders in a democratic society and global community.

330 W Webster AvenueChicago, IL 60614

www.fwparker.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.19x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

64th percentile

0.66x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

44th percentile

2.6%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

81st percentile

$1,040,092

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

29th percentile

1.3%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$193,319,050

Up $2,568,865 (+1.3%) from 2024

Liabilities

Down

$37,317,084

Down $4,944,601 (-12%) from 2024

Net Assets

Up

$156,001,966

Up $7,513,466 (+5.1%) from 2024

Operations
Liabilities / Revenue64th percentileNet Margin44th percentile

Revenue

Up

$56,151,021

Up $5,833,481 (+12%) from 2024

Expenses

Up

$54,675,027

Up $2,233,022 (+4.3%) from 2024

Net Income

Up

$1,475,994

Up $3,600,459 (+169%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

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

$200M$150M$100M$50M$0Assets 2010: $125,947,961Liabilities 2010: $37,000,857Net Assets 2010: $88,947,1042010Assets 2011: $131,851,106Liabilities 2011: $36,219,260Net Assets 2011: $95,631,8462011Assets 2012: $132,441,068Liabilities 2012: $35,398,568Net Assets 2012: $97,042,5002012Assets 2013: $138,129,518Liabilities 2013: $35,039,708Net Assets 2013: $103,089,8102013Assets 2014: $142,591,505Liabilities 2014: $33,421,248Net Assets 2014: $109,170,2572014Assets 2015: $141,514,808Liabilities 2015: $31,477,271Net Assets 2015: $110,037,5372015Assets 2016: $142,048,333Liabilities 2016: $31,498,433Net Assets 2016: $110,549,9002016Assets 2017: $155,151,528Liabilities 2017: $34,134,431Net Assets 2017: $121,017,0972017Assets 2018: $157,477,194Liabilities 2018: $32,717,201Net Assets 2018: $124,759,9932018Assets 2019: $153,106,655Liabilities 2019: $29,140,478Net Assets 2019: $123,966,1772019Assets 2020: $150,078,529Liabilities 2020: $27,846,573Net Assets 2020: $122,231,9562020Assets 2021: $183,559,777Liabilities 2021: $44,637,690Net Assets 2021: $138,922,0872021Assets 2022: $194,788,594Liabilities 2022: $52,676,215Net Assets 2022: $142,112,3792022Assets 2023: $192,405,485Liabilities 2023: $48,897,368Net Assets 2023: $143,508,1172023Assets 2024: $190,750,185Liabilities 2024: $42,261,685Net Assets 2024: $148,488,5002024Assets 2025: $193,319,050Liabilities 2025: $37,317,084Net Assets 2025: $156,001,9662025

Highlighted filing

2025

Assets$193,319,050
Liabilities$37,317,084
Net Assets$156,001,966
Open 2025 Filing

Operations Trend

Revenue Growth59th percentile

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $28,325,7222010Expenses 2011: $30,711,6962011Expenses 2012: $32,513,3642012Expenses 2013: $33,861,5512013Revenue 2014: $35,351,479Expenses 2014: $36,550,027Net Income 2014: -$1,198,5482014Revenue 2015: $37,154,792Expenses 2015: $36,990,265Net Income 2015: $164,5272015Revenue 2016: $43,170,433Expenses 2016: $40,228,399Net Income 2016: $2,942,0342016Revenue 2017: $42,793,617Expenses 2017: $41,458,499Net Income 2017: $1,335,1182017Revenue 2018: $40,742,193Expenses 2018: $42,215,098Net Income 2018: -$1,472,9052018Revenue 2019: $41,236,429Expenses 2019: $44,523,509Net Income 2019: -$3,287,0802019Revenue 2020: $43,500,309Expenses 2020: $44,625,901Net Income 2020: -$1,125,5922020Revenue 2021: $42,934,847Expenses 2021: $44,097,769Net Income 2021: -$1,162,9222021Revenue 2022: $67,683,715Expenses 2022: $48,086,877Net Income 2022: $19,596,8382022Revenue 2023: $50,024,213Expenses 2023: $50,367,962Net Income 2023: -$343,7492023Revenue 2024: $50,317,540Expenses 2024: $52,442,005Net Income 2024: -$2,124,4652024Revenue 2025: $56,151,021Expenses 2025: $54,675,027Net Income 2025: $1,475,9942025

Highlighted filing

2025

Revenue$56,151,021
Expenses$54,675,027
Net Income$1,475,994
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$193,319,050
Liabilities
$37,317,084
Net assets
$156,001,966
Revenue
$56,151,021
Expenses
$54,675,027
Net income
$1,475,994
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$193$37.3$156$56.2$54.7$1.48
2024Detailed filing. Detailed filing data is available for this year.$191$42.3$148$50.3$52.4$2.12
2023Detailed filing. Detailed filing data is available for this year.$192$48.9$144$50.0$50.4$0.34
2022Detailed filing. Detailed filing data is available for this year.$195$52.7$142$67.7$48.1$19.6
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$184$44.6$139$42.9$44.1$1.16
2020Detailed filing. Detailed filing data is available for this year.$150$27.8$122$43.5$44.6$1.13
2019Detailed filing. Detailed filing data is available for this year.$153$29.1$124$41.2$44.5$3.29
2018Detailed filing. Detailed filing data is available for this year.$157$32.7$125$40.7$42.2$1.47
2017Detailed filing. Detailed filing data is available for this year.$155$34.1$121$42.8$41.5$1.34
2016Detailed filing. Detailed filing data is available for this year.$142$31.5$111$43.2$40.2$2.94
2015Detailed filing. Detailed filing data is available for this year.$142$31.5$110$37.2$37.0$0.16
2014Detailed filing. Detailed filing data is available for this year.$143$33.4$109$35.4$36.6$1.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$138$35.0$103$33.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$132$35.4$97.0$32.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$132$36.2$95.6$30.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$126$37.0$88.9$28.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 13, 2026
Return Version
2024v5.5
Gross Receipts
$59,969,047
Mission and Program Overview

Mission

The Francis W. Parker School (Parker) educates students to think and act with empathy, courage and clarity as responsible citizens and leaders in a democratic society and global community.

See Form 990, Part III, Line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$82,885,293$80,286,657▼ $2,598,636
Investments Other Securities$55,882,741$55,440,745▼ $441,996
Pledges and Grants Receivable$22,170,026$21,844,612▼ $325,414
Investments in Publicly Traded Securities$17,314,568$20,129,236▲ $2,814,668
Savings and Temporary Cash Investments$9,918,006$13,058,893▲ $3,140,887
Cash and Non-Interest-Bearing Accounts$1,805,388$1,881,118▲ $75,730
Prepaid Expenses and Deferred Charges$560,227$430,756▼ $129,471
Accounts Receivable$213,936$247,033▲ $33,097
Total Assets$190,750,185$193,319,050▲ $2,568,865
Liabilities
Mortgage Notes Payable Secured by Investment Property$24,000,000$21,500,000▼ $2,500,000
Tax Exempt Bond Liabilities$9,645,147$7,156,653▼ $2,488,494
Accounts Payable and Accrued Expenses$3,487,988$3,463,891▼ $24,097
Deferred Revenue$2,883,660$3,089,038▲ $205,378
Other Liabilities$2,216,634$2,078,924▼ $137,710
Escrow Account Liability$28,256$28,578▲ $322
Total Liabilities$42,261,685$37,317,084▼ $4,944,601
Net Assets / Fund Balance
Net Assets With Donor Restrictions$91,488,210$97,126,697▲ $5,638,487
Net Assets Without Donor Restrictions$57,000,290$58,875,269▲ $1,874,979
Total Net Assets Fund Balance$148,488,500$156,001,966▲ $7,513,466
Total Liabilities and Net Assets / Fund Balance$190,750,185$193,319,050▲ $2,568,865

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$74,840,027$48,360,998$123,201,025
Equipment$1,494,974$6,841,611$8,336,585
Land$3,951,656-$3,951,656
Other Securities$4,487,316--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$67,474,105$1,935,765▲ $7,393,101-$73,655,971
2023$60,808,636$1,638,387▲ $8,525,082-$67,474,105
2022$57,992,133$1,050,657▲ $4,709,846-$60,808,636
2021$70,029,374$1,481,393▼ $10,856,634-$57,992,133
2020$54,461,349$2,078,079▲ $16,093,945-$70,029,374
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel B FrankPrincipalFT$803,904$236,188$1,040,092
Robert E HaughChief Financial OfficerFT$386,535$115,762$502,297
Priyanka RupaniAssistant PrincipalFT$211,154$68,869$280,023
Kimeri S Swanson-BeckLower School HeadFT$185,826$54,792$240,618
Vannaphone PhayprasertIntermediate/Middle School HeadFT$185,212$25,288$210,500
Cory ZellerUpper School HeadFT$178,500$16,232$194,732
Brent CaburnayDirector of DevelopmentFT$172,719$11,425$184,144

Board Members and Trustees

NameTitle
Isabel PolskyCo-Chair
Jennifer FriedesCo-Chair
Cindy O'ConnorVice Chair
Deji JimohVice Chair
Adam GrossTrustee
Adnaan HamidTrustee
Adrienne PittsTrustee
Andrew HananelTrustee
Anny GaryTrustee
Brian WrubelTrustee
Clarissa ShahTrustee
Eric BruozisTrustee
Geoffrey GistTrustee
Irene ParisiTrustee
Isa PressmanTrustee
Jonathan LevinTrustee
Kim KerbisTrustee
Margery FeitlerTrustee
Marvin PollackTrustee
Michael DemetriouTrustee
Michael JacksonTrustee
Mike MokotofTrustee
Mikus KinsTrustee
Nick ScodroTrustee
Rheaana GuessTrustee
Rika YoshidaTrustee
Stephanie CohenTrustee
Steven WeismanTrustee
Tamar NewbergerTrustee
Tiffany Hamel JohnsonTrustee
Zaid Abdul-AleemTrustee
Monika BahriSecretary
Josh LowitzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Quest Food Management ServicesFood Services2500 S Highland Suite 250, Lombard, IL 60148$1,273,948
GSF USA IncCustodial ServicesPO Box 88932, Milwaukee, WI 53288$672,746
Sidley Austin LLPLegal ServicesP O Box 0642, Chicago, IL 60603$592,943
Infinity Transportation Management LLCTransportationPO Box 518, Downers Grove, IL 60515$416,998
Midwest Mechanical Group LLCMechanical Services26943 Network Place, Chicago, IL 60673-1269$329,625
Revenue and Support

Revenue Composition

Contributions and Grants
$10,211,877
Program Service Revenue
$44,865,815
Investment Income
$2,774,773
Other Revenue
$-1,701,444
All Other Contributions
$9,246,230
Change in Net Assets
$1,475,994

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded36$3,472,202Fair Market Value (FMV)
Total Noncash Contributions36$3,472,202-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$34,277,551
Other Expenses$13,740,455
Grants and Similar Amounts Paid$6,657,021
Total Fundraising Expense$2,458,297
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,725,985$2,776,572$1,125,135$23,627,692
Grants to Domestic Individuals$6,657,021--$6,657,021
Other Employee Benefits$4,535,643$680,289$268,714$5,484,646
Depreciation Depletion$2,394,876$278,810$139,405$2,813,091
Occupancy$2,318,363$270,521$135,261$2,724,145
Pension Plan Contributions$1,658,857$226,365$85,228$1,970,450
Payroll Taxes$1,418,292$208,832$85,160$1,712,284
Current Officers, Directors, Trustees, and Key Employees$838,253$450,199$194,027$1,482,479
Fees for Services Other$806,462$86,365-$892,827
Office Expenses$557,820$142,435$71,104$771,359
Information Technology$647,530--$647,530
Insurance$315,302$37,094$18,547$370,943
Conferences and Meetings$303,307$56,552$6,348$366,207
Other Expenses$400,046$348,973-$348,973
All Other Expenses-$10,297$315,003$325,300
Advertising-$147,229-$147,229
Fees for Services Legal-$81,329-$81,329
Fees for Services Accounting-$74,180-$74,180
Fees for Service Investment Mgmnt Fees-$60,000-$60,000
Interest$23,343$7,098-$30,441
Travel-$3,720$14,365$18,085
Total Functional Expenses$46,269,870$5,946,860$2,458,297$54,675,027
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$225,599
Fundraising Gross Income$117,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Parker Party$1,082,647$117,000$97,002$19,998
Total Events$1,082,647$117,000$225,599$-108,599
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post-Retirement Contribution Liability$1,500,000
Lease Liabilities$501,168
Other Liabilities$77,756
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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 4

“The Articles of Incorporation and the Bylaws were updated to make the authority for selecting the Principal consistent.”

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

“The Audit Committee reviews the Form 990 with the organization's independent tax preparer and Parker's CFO. A copy of the 990 is made available for the full Board to review and the Board approves the filing of the 990.”

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

“Conflict of Interest statements are collected from Parker's trustees each year and are reviewed by the Chair of the Board. Should a trustee report a conflict of interest on a given matter, that trustee is not allowed to take part in any discussion or to vote on any matter related to such conflict.”

Form 990, Part VI, Section B, line 15A

“In accordance with the Board approved procedures, an Ad Hoc Committee appointed by the Chair of the Board is responsible for reviewing and approving the compensation package of the organization's top management official. To determine compensation for the top management official, the Ad Hoc Committee utilizes local and national independent school compensation benchmarking. The Ad Hoc Committee also uses the Form 990's of other organizations with similar activities and size. The final compensation determination is outlined in a written employment contract. The process was documented. Compensation of other officers or key employees is determined by the Principal using local and national independent school compensation benchmarking.”

Form 990, Part VI, Section C, line 19

“Financial statements, governing documents and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104(d). These documents are not available to the public at this time.”

Filing and Contact Details

Filer

Filer Name
Francis W Parker School
EIN
36-2171732
Phone
7737975501
Address
330 W Webster Avenue, Chicago, IL 60614

Signing Officer

Name
Robert Haugh
Title
Chief Financial Officer
Phone
7737975501
Signed
2026-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Frank
Formed
1901
Legal Domicile
Il
Voting Board Members
33
Independent Board Members
33
Employees
436
Volunteers
350

Preparer

Firm
Rsm US Llp
Address
30 South Wacker Dr Suite 3300, Chicago, IL 60606-3392
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

“Included in cash and cash equivalents at June 30, 2025 and 2024, are $28,578 and $28,256, respectively, which are held as agent for the Parents' Association. The corresponding liabilities are included on the Form 990, Part X, line 21.”

Part V, Line 4:

“The endowment fund is used to supplement the operations of the school, which includes the awarding of financial aid. These funds are also used to supplement tuition revenue and donations given to the school.”

Part X, Line 2:

“The School, an Illinois nonprofit corporation, is exempt under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income, if any. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the School may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the School and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. At June 30, 2025 and 2024, there were no unrecognized tax benefits identified or recorded as liabilities. The School files Forms 990 and 990-T in the U.S. federal jurisdiction and the State of Illinois.”

Raw XML AppendixShowing 400 of 1,030 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
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IRS990/AccountsReceivableGrp/EOYAmt0247033
IRS990/ActivitiesConductedPrtshpInd00
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IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
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IRS990/ContractorCompensationGrp/ServicesDesc2Legal Services
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IRS990/CreditCounselingInd01
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IRS990/Desc0See Schedule OWe are deliberately composed of a diverse group of people so that we can learn how to honor the dignity and experience of every human being. Our commitment to inclusion and integration makes us an intimate and expansive school aiming for all to feel free and safe and able to acquire knowledge and skills, explore our imaginations, share who we are becoming and embrace the diversity of identities, passions and ideas that shape humanity. We pursue educational excellence and creativity in order to know the pleasures of learning and the value of contributing to the progress and improvement of society. We affirm students and their capacity to thrive when they feel known, understood and appreciated by teachers and classmates. We believe scholarship, character and confidence grow when we are open to new questions, perspectives and information; when we lead with respect, civility and curiosity as we make reasoned judgments; when we collaborate and when we persevere with integrity in the face of challenge. Our culture of trust and authenticity nurtures an abiding sense of purpose and joy that drives our work toward insight, understanding and accomplishment. We are responsive in our approaches to teaching and mentoring so that each person can grow in intellectual, aesthetic, emotional and moral life. We encourage all to be resourceful as we learn from one another through spirited, rigorous and reflective engagement in mathematics, languages, the humanities, sciences, arts, athletics and community service. Our vision is grounded in our relationships with one another, inspiring us to stretch beyond current achievements, points of view and disciplines. Our standards for inquiry reach from the classroom to life throughout the school, guiding each of us to do our best as we find meaning in what we learn. We hold that a Parker education is a privilege that carries responsibility. We call on all to participate with self-discipline, independence of mind and collaborative spirit. We expect each of us to come prepared to learn and to support Parker's approach to education, human development and community. Our purpose is to inspire our students to apply their skills, thoughts and values to make the world just, beautiful and interesting. The people of Francis W. Parker School educate students to connect reflection with action, wisdom with innovation, deeds with consequences, and character with citizenship. In these ways, Parker stands as a progressive school, dedicated to the growth and development of the whole person, on behalf of our democratic society and the wider world.
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