Civic Intelligence

Barat Education Foundation

990 • Fiscal year 2018 • EIN 36-4407543

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 28, 2019

1501 N Oakley BlvdChicago, IL 60622

(847) 574-2465

Siviq Scores

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

Liabilities / Assets

60th percentile

0.07x

Higher debt load relative to assets than 60% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.10x

Higher debt load relative to revenue than 66% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

56th percentile

$24,541

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

89th percentile

67%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$884,689

Up $89,803 (+11%) from 2017

Net Assets

Up

$820,393

Up $86,079 (+12%) from 2017

Liabilities

Up

$64,296

Up $3,724 (+6.1%) from 2017

Revenue

Up

$673,369

Up $269,283 (+67%) from 2017

Expenses

Up

$587,290

Up $40,764 (+7.5%) from 2017

Net Income

Up

$86,079

Up $228,519 (+160%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2013: $1,111,845Liabilities 2013: $25,584Net Assets 2013: $1,086,2612013Assets 2014: $847,411Liabilities 2014: $57,885Net Assets 2014: $789,5262014Assets 2015: $823,690Liabilities 2015: $45,610Net Assets 2015: $778,0802015Assets 2016: $904,602Liabilities 2016: $27,848Net Assets 2016: $876,7542016Assets 2017: $794,886Liabilities 2017: $60,572Net Assets 2017: $734,3142017Assets 2018: $884,689Liabilities 2018: $64,296Net Assets 2018: $820,3932018Assets 2019: $900,386Liabilities 2019: $37,450Net Assets 2019: $862,9362019Assets 2020: $894,197Liabilities 2020: $524,715Net Assets 2020: $369,4822020Assets 2021: $752,702Liabilities 2021: $602,345Net Assets 2021: $150,3572021Assets 2022: $333,919Liabilities 2022: $269,170Net Assets 2022: $64,7492022Assets 2023: $390,471Liabilities 2023: $343,439Net Assets 2023: $47,0322023Assets 2024: $234,977Liabilities 2024: $219,808Net Assets 2024: $15,1692024Assets 2025: $11,306Liabilities 2025: $13,150Net Assets 2025: -$1,8442025

Highlighted filing

2018

Assets$884,689
Liabilities$64,296
Net Assets$820,393

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $524,4662013Revenue 2014: $287,405Expenses 2014: $581,060Net Income 2014: -$293,6552014Revenue 2015: $424,178Expenses 2015: $426,806Net Income 2015: -$2,6282015Revenue 2016: $541,812Expenses 2016: $440,806Net Income 2016: $101,0062016Revenue 2017: $404,086Expenses 2017: $546,526Net Income 2017: -$142,4402017Revenue 2018: $673,369Expenses 2018: $587,290Net Income 2018: $86,0792018Revenue 2019: $657,526Expenses 2019: $614,983Net Income 2019: $42,5432019Revenue 2020: $495,843Expenses 2020: $489,297Net Income 2020: $6,5462020Revenue 2021: $348,442Expenses 2021: $567,567Net Income 2021: -$219,1252021Revenue 2022: $250,153Expenses 2022: $335,761Net Income 2022: -$85,6082022Revenue 2023: $194,260Expenses 2023: $211,977Net Income 2023: -$17,7172023Revenue 2024: $191,162Expenses 2024: $223,025Net Income 2024: -$31,8632024Revenue 2025: $52,959Expenses 2025: $69,969Net Income 2025: -$17,0102025

Highlighted filing

2018

Revenue$673,369
Expenses$587,290
Net Income$86,079
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 28, 2019
Return Version
2017v2.2
Gross Receipts
$673,369
Mission and Program Overview

Mission

Barat educational foundation was established to continue the values and ground-breaking educational achievements of barat college.the barat educational foundation worked with a team of educators andtechnology specialists to develop our american voice a 21st century media-rich model to teach civics and citizenship to elementary and middleschool students. This teacher-friendly, in school and after school curriculumis integrated with innovative use of digital technology that combines proven traditional curriculum approaches, cutting-edge technology, media and the artsto educate, engage and empower students to be participative citizens in theircommunities and their country. The program has been implemented in 26 communitiesacross illinois with more than 1,000 students participating in 2020/21.

As heirs of the legacy and educational tradition of barat college and thereligious of the sacred heart, the barat education foundationdevelops and seeks support for innovative scholarships and entrepreneurial educational ventures which reflect the deep commitment to: intellectual,spiritual, and ethical values; empowerment of women, social awareness that impels to action; and the building of community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$586,869$657,018▲ $70,149
Intangible Assets$180,935$180,935→ $0
Savings and Temporary Cash Investments$19,990$41,159▲ $21,169
Prepaid Expenses and Deferred Charges$5,642$4,427▼ $1,215
Land, Buildings, and Equipment, Net$1,450$1,150▼ $300
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-
Inventories for Sale or Use-$0-
Total Assets$794,886$884,689▲ $89,803
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$60,572$64,296▲ $3,724
Total Liabilities$60,572$64,296▲ $3,724
Net Assets / Fund Balance
Temporarily Rstr Net Assets$632,831$716,715▲ $83,884
Unrestricted Net Assets$64,000$68,693▲ $4,693
Permanently Rstr Net Assets$37,483$34,985▼ $2,498
Total Net Assets Fund Balance$734,314$820,393▲ $86,079
Total Liabilities and Net Assets / Fund Balance$794,886$884,689▲ $89,803

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,150$49,941$51,091

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$37,483--$2,498$34,985
2016$39,985--$2,502$37,483
2015$188,370--$148,385$39,985
2014$418,292--$214,425$188,370
2013$549,584-▲ $25,542$144,485$418,291
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Janet BurduillisProgram AdmPT$24,541$24,541
Dr Mara GrujanacProgram DirectorFT$15,625$15,625

Board Members and Trustees

NameTitle
Sheila a SmithChairman
Kathleen GillespieVice Chair
Maureen E RyanBoard Member
Sarah HighstoneSecretary
Michael DimengoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$139,932
Program Service Revenue
$533,406
Investment Income
$31
Other Revenue
$0
All Other Contributions
$139,932
Change in Net Assets
$86,079

Audited Revenue Reconciliation

Revenue per Audited Statements
$673,369
Revenue Not Reported on Form 990
$7,829
Total Revenue per Audited Statements
$681,198
Total Revenue per Form 990
$673,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$523,624
Salaries, Compensation, and Employee Benefits$60,166
Grants and Similar Amounts Paid$3,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,308$19,858-$40,166
Fees for Services Accounting$2,000$28,411-$30,411
Travel$25,595$1,750-$27,345
Fees for Services Other$10,067$4,937-$15,004
Other Salaries and Wages$10,408--$10,408
Insurance-$8,371-$8,371
Other Employee Benefits$6,448--$6,448
Grants to Domestic Orgs$3,500--$3,500
Office Expenses$3,266$106-$3,372
Payroll Taxes$3,144--$3,144
Other Expenses$1,500$2,770-$1,500
Occupancy$1,407--$1,407
Interest-$1,057-$1,057
Depreciation Depletion-$300-$300
Fees for Services Legal-$300-$300
All Other Expenses-$165-$165
Total Functional Expenses$519,265$68,025$0$587,290

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$595,119
Expenses per Audited Statements$587,290
Total Expenses per Form 990$587,290
Expenses Not Reported on Form 990$7,829
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
No
Backup withholding compliance
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, Line 11B: Form 990 Review Process

Yes, copy of return provided for review before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Governing Board of the Foundation discusses in detail and approves theannual operating budget which includes salaries, contractual relationshipswith independent contractors performing duties for the Foundation, as well as scholarships and donations made by the Foundation consistent with itsmission. Directors, Officers and the grants administrator (key employee) aresubject to the conflict of interest policy. Should a director and/or officerhave a relationship with an organization and/or individual seeking to do business, that director and/or officer recuses him/herself from voting on the matter.The grants administrator does not make budgetary decisions.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Governing Board approves the salary for the CEO of the organization andreviews the salary on an annual basis. The CEO discloses to the GoverningBoard as part of the annual budget review the suggested compensation for theorganization's employees and major independent contractors. The compensationfor the two key employees: Grants Administrator and Program Director are comparable to salaries in other organizations.The CEO's salary is reviewed and voted on annually as part of the organization'sbudget. The salary is comparable to other organizations.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The financial statements are available to the public upon request. If an individual requested a copy of the Conflict of Interest which is articulated in the organization's by laws, that policy would be provided as well.

Filing and Contact Details

Filer

Filer Name
Barat Education Foundation
EIN
36-4407543
Phone
8475742465
Address
1501 N Oakley Blvd, Chicago, IL 60622

Signing Officer

Name
Sheila a Smith
Title
Chairman
Signed
2019-02-28
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
2

Preparer

Firm
Computer Accounting & Financial Service Inc
Address
6306 N Cicero, Chicago, IL 60646
Preparer
Lawrence Goldman
Phone
7737368800
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IRS990/ActivityOrMissionDesc0AS HEIRS OF THE LEGACY AND EDUCATIONAL TRADITION OF BARAT COLLEGE AND THERELIGIOUS OF THE SACRED HEART, THE BARAT EDUCATION FOUNDATIONDEVELOPS AND SEEKS SUPPORT FOR INNOVATIVE SCHOLARSHIPS AND ENTREPRENEURIAL EDUCATIONAL VENTURES WHICH REFLECT THE DEEP COMMITMENT TO: INTELLECTUAL,SPIRITUAL, AND ETHICAL VALUES; EMPOWERMENT OF WOMEN, SOCIAL AWARENESS THAT IMPELS TO ACTION; AND THE BUILDING OF COMMUNITY.
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IRS990/Desc0As one of 29 national partners in the Library of Congress "Teaching with Primary Sources" consortium,the Barat Education Foundation through its grant from the Library is able to offer numerous resources at no cost to Illinois educators to learn about and practice the use of primary sources in classroom instruction.The Foundation has been part of this consortium since 2004.In 2016,the Foundation was awarded a grant by the Library of Congress to developa multidisciplinary curriculum called Citizen U (registered trademark) focusedon empowering teachers across all disciplines to become agents of civic engagementand civic learning. The foundation of the curriculum of Citizen U is the Library of Congress resources which serve as a connection between civic learning and content learning using primary sources.In 2017, Barat invited the De Paul University Office of Innovative Professional Learning and the Constitutional Right Foundation in Los Angeles to collaborate in developing Library of Congress Citizen U which is comprised of 31 lessons of civics instruction. These lessons in 2018 were pilot tested with more than 200 teachers from 78 schools in 15 states with a total of 4,680 students. The Citizen U lessons have been posted on-line and in 2019 are being rolled out nationally. It is projected that 1,000 teachers across the United States will use these lessons.
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IRS990/MissionDesc0AS HEIRS OF THE LEGACY AND EDUCATIONAL TRADITION OF BARAT COLLEGE AND THERELIGIOUS OF THE SACRED HEART, THE BARAT EDUCATION FOUNDATIONDEVELOPS AND SEEKS SUPPORT FOR INNOVATIVE SCHOLARSHIPS AND ENTREPRENEURIAL EDUCATIONAL VENTURES WHICH REFLECT THE DEEP COMMITMENT TO: INTELLECTUAL,SPIRITUAL, AND ETHICAL VALUES; EMPOWERMENT OF WOMEN, SOCIAL AWARENESS THAT IMPELS TO ACTION; AND THE BUILDING OF COMMUNITY.
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IRS990/OtherExpensesGrp/Desc0Program delivery & services
IRS990/OtherExpensesGrp/Desc1Telephone and internet
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Contributions
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IRS990/ProgramServiceRevenueGrp/Desc0Fees / Other
IRS990/ProgramServiceRevenueGrp/Desc1Fees & Contracts Gov Agencies
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Foundation developed and administers a program titled Our American Voice which is a project based learning initiative that links the basics of American history, government and civics with digital age technology and community involvement to educate, engage and empower middle-grade students to be participative citizens in their communities and make reasoned commitments to the core democratic values of the United States .Since 2009 when the program was established, OAV has been delivered by over 150 educators and after-school partners to more than 4500 students. It is being implemented with over 1,000 students in 29 schools across IL for the 2018-2019 year. The students are diverse and 90% of them come from socially and economically disadvantaged communities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0204297
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Foundation developed and supports educational programs reflecting the values and traditions of the Sacred Heart. To achieve this purpose the Foundation sponsors scholarships and makes charitable contributions .
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt015625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Dr Mara Grujanac
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Program Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Yes, copy of return provided for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Governing Board of the Foundation discusses in detail and approves theannual operating budget which includes salaries, contractual relationshipswith independent contractors performing duties for the Foundation, as well as scholarships and donations made by the Foundation consistent with itsmission. Directors, Officers and the grants administrator (key employee) aresubject to the conflict of interest policy. Should a director and/or officerhave a relationship with an organization and/or individual seeking to do business, that director and/or officer recuses him/herself from voting on the matter.The grants administrator does not make budgetary decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Governing Board approves the salary for the CEO of the organization andreviews the salary on an annual basis. The CEO discloses to the GoverningBoard as part of the annual budget review the suggested compensation for theorganization's employees and major independent contractors. The compensationfor the two key employees: Grants Administrator and Program Director are comparable to salaries in other organizations.The CEO's salary is reviewed and voted on annually as part of the organization'sbudget. The salary is comparable to other organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The financial statements are available to the public upon request. If an individual requested a copy of the Conflict of Interest which is articulated in the organization's by laws, that policy would be provided as well.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false

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