Civic Intelligence

Chicago Collegiate Inc.

990 • Fiscal year 2015 • EIN 37-1656731

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 10, 2016

11816 S Indiana AvenueChicago, IL 60628

(773) 536-9098

Siviq Scores

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

Liabilities / Assets

86th percentile

0.74x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.50x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

70th percentile

$102,695

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

92nd percentile

54%

Faster asset growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

40%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,532,005

Up $535,691 (+54%) from 2014

Net Assets

Up

$397,463

Up $114,526 (+40%) from 2014

Liabilities

Up

$1,134,542

Up $421,165 (+59%) from 2014

Revenue

Up

$2,283,709

Up $648,006 (+40%) from 2014

Expenses

Up

$2,208,916

Up $367,780 (+20%) from 2014

Net Income

Up

$74,793

Up $280,226 (+136%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $547,427Liabilities 2013: $59,057Net Assets 2013: $488,3702013Assets 2014: $996,314Liabilities 2014: $713,377Net Assets 2014: $282,9372014Assets 2015: $1,532,005Liabilities 2015: $1,134,542Net Assets 2015: $397,4632015Assets 2016: $1,608,326Liabilities 2016: $1,065,036Net Assets 2016: $543,2902016Assets 2017: $1,625,707Liabilities 2017: $1,072,386Net Assets 2017: $553,3212017Assets 2018: $1,887,748Liabilities 2018: $1,244,185Net Assets 2018: $643,5632018Assets 2019: $2,448,511Liabilities 2019: $2,284,972Net Assets 2019: $163,5392019Assets 2020: $2,970,187Liabilities 2020: $2,735,108Net Assets 2020: $235,0792020Assets 2021: $2,706,797Liabilities 2021: $1,927,922Net Assets 2021: $778,8752021Assets 2022: $2,823,733Liabilities 2022: $1,811,259Net Assets 2022: $1,012,4742022Assets 2023: $2,931,275Liabilities 2023: $2,395,906Net Assets 2023: $535,3692023Assets 2024: $2,756,528Liabilities 2024: $2,147,516Net Assets 2024: $609,0122024

Highlighted filing

2015

Assets$1,532,005
Liabilities$1,134,542
Net Assets$397,463

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $644,478Expenses 2013: $177,982Net Income 2013: $466,4962013Revenue 2014: $1,635,703Expenses 2014: $1,841,136Net Income 2014: -$205,4332014Revenue 2015: $2,283,709Expenses 2015: $2,208,916Net Income 2015: $74,7932015Revenue 2016: $3,270,925Expenses 2016: $3,125,098Net Income 2016: $145,8272016Revenue 2017: $3,804,514Expenses 2017: $3,794,483Net Income 2017: $10,0312017Revenue 2018: $5,616,411Expenses 2018: $5,526,169Net Income 2018: $90,2422018Revenue 2019: $5,542,471Expenses 2019: $6,022,495Net Income 2019: -$480,0242019Revenue 2020: $6,171,281Expenses 2020: $6,099,741Net Income 2020: $71,5402020Revenue 2021: $6,937,383Expenses 2021: $6,393,587Net Income 2021: $543,7962021Revenue 2022: $6,898,503Expenses 2022: $6,664,904Net Income 2022: $233,5992022Revenue 2023: $5,988,144Expenses 2023: $6,465,249Net Income 2023: -$477,1052023Revenue 2024: $6,135,771Expenses 2024: $6,062,128Net Income 2024: $73,6432024

Highlighted filing

2015

Revenue$2,283,709
Expenses$2,208,916
Net Income$74,793
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 10, 2016
Return Version
2014v6.0
Gross Receipts
$2,294,854
Mission and Program Overview

Mission

To equip all students in grades five through twelve with the academic skills, intellectual habits and character traits to succeed in the college of their choice, strenghten their communities and change the world.

To equip all students in grades four through twelve with the academic skills, intellectual habits and character traits to succeed in the college of their choice, strenghten their communities and change the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$758,358$1,244,978▲ $486,620
Pledges and Grants Receivable$217,594$155,602▼ $61,992
Cash and Non-Interest-Bearing Accounts-$101,054-
Prepaid Expenses and Deferred Charges$15,538$24,937▲ $9,399
Savings and Temporary Cash Investments-$2,500-
Total Assets$996,314$1,532,005▲ $535,691
Other Assets Total$4,824$2,934▼ $1,890
Liabilities
Mortgage Notes Payable Secured by Investment Property$434,810$942,312▲ $507,502
Accounts Payable and Accrued Expenses$222,613$127,230▼ $95,383
Other Liabilities$55,954$65,000▲ $9,046
Total Liabilities$713,377$1,134,542▲ $421,165
Net Assets / Fund Balance
Unrestricted Net Assets$251,617$397,463▲ $145,846
Temporarily Rstr Net Assets$31,320$0▼ $31,320
Total Net Assets Fund Balance$282,937$397,463▲ $114,526
Total Liabilities and Net Assets / Fund Balance$996,314$1,532,005▲ $535,691

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,024,110$64,008$1,088,118
Equipment$199,280$98,639$297,919
Other Land Buildings$20,788$2,162$22,950
Land$800-$800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth Carrera-napletonExecutive DirectorFT$102,695$102,695

Board Members and Trustees

NameTitle
Shannon NagyBoard Chair
Dwetri AddyBoard Chair - Term
Rachel KramerVice Chair
Antonio GonzalezVice Chair - Term
Abigail SnodgrassDirector
Allison KelloggDirector
Aylon SamouhaDirector
Rob HarrellDirector
Prashant KolluriSecretary
Michaela MetzgerSecretary - Term
Steve TorchenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,262,200
Program Service Revenue
$16,449
Investment Income
$159
Other Revenue
$4,901
All Other Contributions
$276,588
Change in Net Assets
$74,793

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,283,709
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$250,763
Total Revenue per Audited Statements
$2,534,472
Total Revenue per Form 990
$2,283,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,390,838
Other Expenses$818,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$906,614$166,444-$1,073,058
Occupancy$154,144$4,767-$158,911
Depreciation Depletion$118,965$3,679-$122,644
Other Employee Benefits$66,635$39,191-$105,826
Office Expenses$73,588$13,465-$87,053
Pension Plan Contributions$82,175--$82,175
Current Officers, Directors, Trustees, and Key Employees$62,838$15,709-$78,547
All Other Expenses$34,127$32,428-$66,555
Fees for Services Accounting-$58,338-$58,338
Payroll Taxes$43,308$7,924-$51,232
Other Expenses$40,772--$40,772
Interest$22,686$702-$23,388
Information Technology$16,346--$16,346
Insurance$12,508$2,289-$14,797
Fees for Services Other-$4,508-$4,508
Total Functional Expenses$1,859,472$349,444$0$2,208,916

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,459,679
Expenses per Audited Statements$2,208,916
Total Expenses per Form 990$2,208,916
Expenses Not Reported on Form 990$250,763
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,145
Fundraising Gross Income$10,311
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wrigleyville Rooftop Event$15,316$10,311-$10,311
Total Events$15,316$10,311$11,145$-834
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$65,000
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
No
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 11

Form 990 is prepared by the organization's cpa firm and reviewed by management. A copy of the final 990 is provided to all board members prior to filing.

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

All board members are required to sign the conflict of interest policy, agreeing to disclose any potential conflicts that may arise. The board governance committee is tasked with ensuring this policy is adhered to.

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

An ad hoc executive compensation committee was formed by the board tasked with evaluating executive pay and making a recommendation based on a wealth of data, including comparable executive salaries and industry norms.

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
Chicago Collegiate Inc
EIN
37-1656731
Phone
7735369098
Address
11816 S INDIANA AVENUE, CHICAGO, IL 60628
Doing Business As
Chicago Collegiate Charter School

Signing Officer

Name
Steve Torchen
Title
Treasurer
Phone
7735369098
Signed
2016-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Carrera-napleton
Formed
2011
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
26
Volunteers
50

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

Additional Explanations

FORM 990, PART XI, LINE 9:

Amount represents an in-kind contribution to the school. Amount was recorded both as in-kind revenue and fundraising expense. This amount is a reconciling item because it is included fundraising expense as shown on the statement of revenue.

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, 2015 and 2014.

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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0164809
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0758358
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01244978
IRS990/LandBldgEquipCostOrOtherBssAmt01409787
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EQUIP ALL STUDENTS IN GRADES FOUR THROUGH TWELVE WITH THE ACADEMIC SKILLS, INTELLECTUAL HABITS AND CHARACTER TRAITS TO SUCCEED IN THE COLLEGE OF THEIR CHOICE, STRENGHTEN THEIR COMMUNITIES AND CHANGE THE WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0434810
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0942312
IRS990/NetAssetsOrFundBalancesBOYAmt0282937
IRS990/NetAssetsOrFundBalancesEOYAmt0397463
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-834
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-834
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt02145
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04767
IRS990/OccupancyGrp/ProgramServicesAmt0154144
IRS990/OccupancyGrp/TotalAmt0158911
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013465
IRS990/OfficeExpensesGrp/ProgramServicesAmt073588
IRS990/OfficeExpensesGrp/TotalAmt087053
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04824
IRS990/OtherAssetsTotalGrp/EOYAmt02934
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039191
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt066635
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0105826
IRS990/OtherExpensesGrp/Desc0STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc2DIRECT STUDENT COSTS
IRS990/OtherExpensesGrp/Desc3CPS ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/ProgramServicesAmt079593
IRS990/OtherExpensesGrp/ProgramServicesAmt179290
IRS990/OtherExpensesGrp/ProgramServicesAmt265883
IRS990/OtherExpensesGrp/ProgramServicesAmt340772
IRS990/OtherExpensesGrp/TotalAmt079593
IRS990/OtherExpensesGrp/TotalAmt179290
IRS990/OtherExpensesGrp/TotalAmt265883
IRS990/OtherExpensesGrp/TotalAmt340772
IRS990/OtherLiabilitiesGrp/BOYAmt055954
IRS990/OtherLiabilitiesGrp/EOYAmt065000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt05735
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05735
IRS990/OtherRevenueTotalAmt05735
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0166444
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0906614
IRS990/OtherSalariesAndWagesGrp/TotalAmt01073058
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07924
IRS990/PayrollTaxesGrp/ProgramServicesAmt043308
IRS990/PayrollTaxesGrp/TotalAmt051232
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt082175
IRS990/PensionPlanContributionsGrp/TotalAmt082175
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0217594
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0155602
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015538
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024937
IRS990/PrincipalOfficerNm0BETH CARRERA-NAPLETON
IRS990/PriorPeriodAdjustmentsAmt039733
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016449
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01634114
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0179
IRS990/PYOtherExpensesAmt0942106
IRS990/PYOtherRevenueAmt0-2085
IRS990/PYProgramServiceRevenueAmt03495
IRS990/PYRevenuesLessExpensesAmt0-205433
IRS990/PYSalariesCompEmpBnftPaidAmt0899030
IRS990/PYTotalExpensesAmt01841136
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01635703
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt074793
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016449
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02500
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02262200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01634135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0644389
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04570724
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0159
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0179
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0476
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019944
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05735
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05813
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt04442264
IRS990ScheduleA/SubstantialContributorsTotAmt0128460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02262200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01634135
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0644389
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04570724
IRS990ScheduleA/TotalSupportAmt04577013
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0250763
IRS990ScheduleD/DonatedServicesUseFcltsAmt0250763
IRS990ScheduleD/EquipmentGrp/BookValueAmt0199280
IRS990ScheduleD/EquipmentGrp/DepreciationAmt098639
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0297919
IRS990ScheduleD/ExpensesNotReportedAmt0250763
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02208916
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0800
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01024110
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt064008
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01088118
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020788
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02162
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt0250763
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02283709
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, 2015 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01244978
IRS990ScheduleD/TotalExpensesPerForm990Amt02208916
IRS990ScheduleD/TotalLiabilityAmt065000
IRS990ScheduleD/TotalRevenuePerForm990Amt02283709
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02534472
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02459679
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt05005
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt05005
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011145
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WRIGLEYVILLE ROOFTOP EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015316
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015316
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010311
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-834
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02145
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02145
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt09000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt09000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY THE ORGANIZATION'S CPA FIRM AND REVIEWED BY MANAGEMENT. A COPY OF THE FINAL 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY, AGREEING TO DISCLOSE ANY POTENTIAL CONFLICTS THAT MAY ARISE. THE BOARD GOVERNANCE COMMITTEE IS TASKED WITH ENSURING THIS POLICY IS ADHERED TO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN AD HOC EXECUTIVE COMPENSATION COMMITTEE WAS FORMED BY THE BOARD TASKED WITH EVALUATING EXECUTIVE PAY AND MAKING A RECOMMENDATION BASED ON A WEALTH OF DATA, INCLUDING COMPARABLE EXECUTIVE SALARIES AND INDUSTRY NORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AMOUNT REPRESENTS AN IN-KIND CONTRIBUTION TO THE SCHOOL. AMOUNT WAS RECORDED BOTH AS IN-KIND REVENUE AND FUNDRAISING EXPENSE. THIS AMOUNT IS A RECONCILING ITEM BECAUSE IT IS INCLUDED FUNDRAISING EXPENSE AS SHOWN ON THE STATEMENT OF REVENUE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.76$2.15$0.61$6.14$6.06$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.93$2.40$0.54$5.99$6.47$0.48
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$1.81$1.01$6.90$6.66$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$1.93$0.78$6.94$6.39$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.97$2.74$0.24$6.17$6.10$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$2.28$0.16$5.54$6.02$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$1.24$0.64$5.62$5.53$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.07$0.55$3.80$3.79$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$1.07$0.54$3.27$3.13$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.53$1.13$0.40$2.28$2.21$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.71$0.28$1.64$1.84$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.06$0.49$0.64$0.18$0.47