Civic Intelligence

Intrinsic Schools

990 • Fiscal year 2015 • EIN 45-5454261

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 27, 2016

Organization ProfileINTRINSICSCHOOLS.ORG

View Organization Page

4540 W BelmontChicago, IL 60641

(708) 887-2735

Siviq Scores

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

Liabilities / Assets

89th percentile

0.92x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

3.05x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

24th percentile

-3.0%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

43rd percentile

$154,386

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

92nd percentile

37%

Faster asset growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

32%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$22,372,738

Up $6,032,024 (+37%) from 2014

Net Assets

Down

$1,852,341

Down $200,969 (-9.8%) from 2014

Liabilities

Up

$20,520,397

Up $6,232,993 (+44%) from 2014

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin24th percentile

Revenue

Up

$6,724,471

Up $1,616,298 (+32%) from 2014

Expenses

Up

$6,925,440

Up $3,458,498 (+100%) from 2014

Net Income

Down

-$200,969

Down $1,842,200 (-112%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$80M$60M$40M$20M$0Assets 2013: $1,011,190Liabilities 2013: $862,182Net Assets 2013: $149,0082013Assets 2014: $16,340,714Liabilities 2014: $14,287,404Net Assets 2014: $2,053,3102014Assets 2015: $22,372,738Liabilities 2015: $20,520,397Net Assets 2015: $1,852,3412015Assets 2016: $26,373,147Liabilities 2016: $23,457,069Net Assets 2016: $2,916,0782016Assets 2017: $26,253,638Liabilities 2017: $21,600,163Net Assets 2017: $4,653,4752017Assets 2018: $27,006,759Liabilities 2018: $21,577,725Net Assets 2018: $5,429,0342018Assets 2019: $34,838,669Liabilities 2019: $21,496,367Net Assets 2019: $13,342,3022019Assets 2020: $41,630,250Liabilities 2020: $27,249,855Net Assets 2020: $14,380,3952020Assets 2021: $39,836,849Liabilities 2021: $24,821,474Net Assets 2021: $15,015,3752021Assets 2022: $40,331,507Liabilities 2022: $24,123,849Net Assets 2022: $16,207,6582022Assets 2023: $77,136,667Liabilities 2023: $59,146,083Net Assets 2023: $17,990,5842023Assets 2024: $77,156,348Liabilities 2024: $58,233,449Net Assets 2024: $18,922,8992024

Highlighted filing

2015

Assets$22,372,738
Liabilities$20,520,397
Net Assets$1,852,341
Open 2015 Filing

Operations Trend

Revenue Growth86th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2013: $589,5922013Revenue 2014: $5,108,173Expenses 2014: $3,466,942Net Income 2014: $1,641,2312014Revenue 2015: $6,724,471Expenses 2015: $6,925,440Net Income 2015: -$200,9692015Revenue 2016: $11,668,819Expenses 2016: $10,605,082Net Income 2016: $1,063,7372016Revenue 2017: $13,709,994Expenses 2017: $11,972,597Net Income 2017: $1,737,3972017Revenue 2018: $12,850,168Expenses 2018: $12,074,609Net Income 2018: $775,5592018Revenue 2019: $21,782,109Expenses 2019: $13,868,841Net Income 2019: $7,913,2682019Revenue 2020: $18,890,483Expenses 2020: $17,852,389Net Income 2020: $1,038,0942020Revenue 2021: $21,177,530Expenses 2021: $20,542,550Net Income 2021: $634,9802021Revenue 2022: $28,377,055Expenses 2022: $27,184,772Net Income 2022: $1,192,2832022Revenue 2023: $32,748,254Expenses 2023: $30,965,328Net Income 2023: $1,782,9262023Revenue 2024: $35,238,029Expenses 2024: $34,305,714Net Income 2024: $932,3152024

Highlighted filing

2015

Revenue$6,724,471
Expenses$6,925,440
Net Income-$200,969
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 27, 2016
Return Version
2014v6.0
Gross Receipts
$6,752,306
Mission and Program Overview

Mission

The mission of intrinsic schools is to create a revolutionary new school model in order to 1) prepare all students for postsecondary success and world-changing endeavors; and 2) provide the education community with a roadmap to sustainable implementation.

The mission of intrinsic schools is to create a revolutionary new school model in order to 1) prepare all students for postsecondary success and world-changing endeavors; and 2) provide the education community with a roadmap to sustainable implementation

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,787,282$20,265,497▲ $5,478,215
Loans From Officers Directors$10,625,398$19,659,442▲ $9,034,044
Cash and Non-Interest-Bearing Accounts$506,656$869,539▲ $362,883
Pledges and Grants Receivable$1,002,145$863,232▼ $138,913
Prepaid Expenses and Deferred Charges$2,500$2,356▼ $144
Total Assets$16,340,714$22,372,738▲ $6,032,024
Other Assets Total$42,131$372,114▲ $329,983
Liabilities
Accounts Payable and Accrued Expenses$3,512,265$707,450▼ $2,804,815
Unsecured Notes Loans Payable$125,000$125,000→ $0
Deferred Revenue$24,741$28,505▲ $3,764
Total Liabilities$14,287,404$20,520,397▲ $6,232,993
Net Assets / Fund Balance
Unrestricted Net Assets$1,162,820$1,365,341▲ $202,521
Temporarily Rstr Net Assets$890,490$487,000▼ $403,490
Total Net Assets Fund Balance$2,053,310$1,852,341▼ $200,969
Total Liabilities and Net Assets / Fund Balance$16,340,714$22,372,738▲ $6,032,024

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,324,118$428,149$17,752,267
Land$2,177,785-$2,177,785
Equipment$355,917$343,911$699,828
Other Land Buildings$407,677$41,819$449,496
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa ZaikosCEOFT$150,000$4,386$154,386
Brian KatesDirector of Finance & Ops - TermFT$113,133$6,607$119,740

Board Members and Trustees

NameTitle
Jim FrankChair
Harriet MeyerBoard Member
Jim PalosBoard Member
Josh TolmanBoard Member
Justin ManlyBoard Member
David EpsteinTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CluneConstruction10 SOUTH RIVERSIDE PLAZA SUITE 2200, Chicago, IL 60606$13,634,745
Wheeler KearnsArchitect343 S DEARBORN SUITE 200, Chicago, IL 60604$372,872
Single PathErate Internet And Telecommunications905 PARKVIEW BLVD, Lombard, IL 60148$276,883
Revenue and Support

Revenue Composition

Contributions and Grants
$6,557,611
Program Service Revenue
$90,519
Investment Income
$73,041
Other Revenue
$3,300
All Other Contributions
$1,214,149
Change in Net Assets
$-200,969

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 Traded1$27,835Fair Market Value (FMV)
Other Non Cash Contri Table1$10,000Fair Market Value (FMV)
Total Noncash Contributions2$37,835-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,724,471
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$290,011
Total Revenue per Audited Statements
$7,014,482
Total Revenue per Form 990
$6,724,471
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,945,465
Salaries, Compensation, and Employee Benefits$2,979,975
Total Fundraising Expense$177,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,084,493$154,882$43,061$2,282,436
Interest$1,103,877$112,896$37,632$1,254,405
Depreciation Depletion$654,649$66,953$22,317$743,919
Fees for Services Other$127,462$210,938$4,043$342,443
Occupancy$301,495$22,771$7,590$331,856
Office Expenses$239,173$23,522$7,841$270,536
Current Officers, Directors, Trustees, and Key Employees$158,858$73,538$30,877$263,273
Payroll Taxes$133,521$28,427$9,475$171,423
Fees for Services Legal-$166,654-$166,654
Fees for Services Accounting-$162,379-$162,379
Other Employee Benefits$129,367$11,533$3,720$144,620
Pension Plan Contributions$107,447$7,800$2,976$118,223
All Other Expenses$65,173$8,220$1,473$74,866
Insurance$59,090$6,043$2,014$67,147
Other Expenses$48,873$4,998$1,666$55,537
Information Technology$53,375--$53,375
Travel$36,808$3,764$1,255$41,827
Advertising$6,111$34,489$208$40,808
Total Functional Expenses$5,644,197$1,103,773$177,470$6,925,440

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,215,451
Expenses per Audited Statements$6,925,440
Total Expenses per Form 990$6,925,440
Expenses Not Reported on Form 990$290,011
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
Loans from Officers, Directors, Trustees, and Key Employees$10,625,398$19,659,442▲ $9,034,044
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The entity's bylaws allow the board power to appoint a committee with corporate authority. Due to the infancy of the entity, this committee has not be appointed as of the fiscal year end.”

Form 990, Part VI, Section B, Line 11

“Form 990 is prepared by the organization's cpa firm, is reviewed by management, and is distributed to the board of directors for review and feedback. A final copy of form 990 is provided to the board of directors before filing with the irs.”

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

“Per addendum b article viii of the organization's bylaws, the executive committee conducts periodic reviews to ensure compliance with the conflict of interest policy. This review covers all articles of the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The salary for the ceo and all key personnel is reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Intrinsic schools is subject to the open meetings act and the freedom of information act. All documents are available to the public upon request in addition to providing chicago public schools with these documents.”

Filing and Contact Details

Filer

Filer Name
Intrinsic Schools
EIN
45-5454261
Phone
7088872735
Address
4540 W BELMONT, CHICAGO, IL 60641

Signing Officer

Name
Melissa Zaikos
Title
CEO
Phone
7088872735
Signed
2016-03-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Zaikos
Formed
2012
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
78
Volunteers
13

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, 2015 and 2014.”

Raw XML AppendixShowing 400 of 549 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/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt05343462
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt073041
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt027835
IRS990/GrossReceiptsAmt06752306
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt053375
IRS990/InformationTechnologyGrp/TotalAmt053375
IRS990/InsuranceGrp/FundraisingAmt02014
IRS990/InsuranceGrp/ManagementAndGeneralAmt06043
IRS990/InsuranceGrp/ProgramServicesAmt059090
IRS990/InsuranceGrp/TotalAmt067147
IRS990/InterestGrp/FundraisingAmt037632
IRS990/InterestGrp/ManagementAndGeneralAmt0112896
IRS990/InterestGrp/ProgramServicesAmt01103877
IRS990/InterestGrp/TotalAmt01254405
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt034
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0813879
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014787282
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020265497
IRS990/LandBldgEquipCostOrOtherBssAmt021079376
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt027835
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt010625398
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt019659442
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF INTRINSIC SCHOOLS IS TO CREATE A REVOLUTIONARY NEW SCHOOL MODEL IN ORDER TO 1) PREPARE ALL STUDENTS FOR POSTSECONDARY SUCCESS AND WORLD-CHANGING ENDEAVORS; AND 2) PROVIDE THE EDUCATION COMMUNITY WITH A ROADMAP TO SUSTAINABLE IMPLEMENTATION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02053310
IRS990/NetAssetsOrFundBalancesEOYAmt01852341
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt073041
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt073041
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt037835
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07590
IRS990/OccupancyGrp/ManagementAndGeneralAmt022771
IRS990/OccupancyGrp/ProgramServicesAmt0301495
IRS990/OccupancyGrp/TotalAmt0331856
IRS990/OfficeExpensesGrp/FundraisingAmt07841
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023522
IRS990/OfficeExpensesGrp/ProgramServicesAmt0239173
IRS990/OfficeExpensesGrp/TotalAmt0270536
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt042131
IRS990/OtherAssetsTotalGrp/EOYAmt0372114
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03720
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011533
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0129367
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0144620
IRS990/OtherExpensesGrp/Desc0STUDENT COSTS
IRS990/OtherExpensesGrp/Desc1CPS ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/Desc2EDUCATION MATERIALS
IRS990/OtherExpensesGrp/Desc3PROF DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt01322
IRS990/OtherExpensesGrp/FundraisingAmt11666
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03966
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14998
IRS990/OtherExpensesGrp/ProgramServicesAmt0131795
IRS990/OtherExpensesGrp/ProgramServicesAmt1130637
IRS990/OtherExpensesGrp/ProgramServicesAmt271993
IRS990/OtherExpensesGrp/ProgramServicesAmt348873
IRS990/OtherExpensesGrp/TotalAmt0137083
IRS990/OtherExpensesGrp/TotalAmt1130637
IRS990/OtherExpensesGrp/TotalAmt271993
IRS990/OtherExpensesGrp/TotalAmt355537
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt03300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03300
IRS990/OtherRevenueTotalAmt03300
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt043061
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0154882
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02084493
IRS990/OtherSalariesAndWagesGrp/TotalAmt02282436
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09475
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028427
IRS990/PayrollTaxesGrp/ProgramServicesAmt0133521
IRS990/PayrollTaxesGrp/TotalAmt0171423
IRS990/PensionPlanContributionsGrp/FundraisingAmt02976
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07800
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0107447
IRS990/PensionPlanContributionsGrp/TotalAmt0118223
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01002145
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0863232
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02356
IRS990/PrincipalOfficerNm0MELISSA ZAIKOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090519
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090519
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05081662
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03694
IRS990/PYOtherExpensesAmt01464075
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt022817
IRS990/PYRevenuesLessExpensesAmt01641231
IRS990/PYSalariesCompEmpBnftPaidAmt02002867
IRS990/PYTotalExpensesAmt03466942
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05108173
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-200969
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt090519
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06557611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05081662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0730000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012369273
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0121936
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03300
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03300
IRS990ScheduleA/PublicSupportTotal170Amt011614175
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt0755098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06557611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05081662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0730000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012369273
IRS990ScheduleA/TotalSupportAmt012372573
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/BuildingsGrp/BookValueAmt017324118
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0428149
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017752267
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0290011
IRS990ScheduleD/DonatedServicesUseFcltsAmt0290011
IRS990ScheduleD/EquipmentGrp/BookValueAmt0355917
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0343911
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0699828
IRS990ScheduleD/ExpensesNotReportedAmt0290011
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06925440
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02177785
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02177785
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0407677
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041819
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0449496
IRS990ScheduleD/RevenueNotReportedAmt0290011
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06724471
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/TotalBookValueLandBuildingsAmt020265497
IRS990ScheduleD/TotalExpensesPerForm990Amt06925440
IRS990ScheduleD/TotalRevenuePerForm990Amt06724471
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07014482
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07215451
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLICIZES THAT THEY ARE AN OPEN ENROLLMENT SCHOOL WHICH EXTENDS ADMISSION TO ANY AND ALL STUDENTS, RESIDING IN CHICAGO, FOR THE OFFERED GRADE LEVELS. THIS MESSAGE IS COMMUNICATED BY ATTENDING COMMUNITY EVENTS, DISTRIBUTING PRINTED MATERIALS, FULL DISCLOSURE ON THEIR WEBSITE, AND OPEN COMMUNICATION WITH LOCAL GOVERNMENT OFFICIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1INTRINSIC SCHOOLS IS A PUBLIC CHARTER SCHOOL WITH NO TUITION, THEREFORE NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE IS AWARDED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE 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 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,372,738
Liabilities
$20,520,397
Net assets
$1,852,341
Revenue
$6,724,471
Expenses
$6,925,440
Net income
-$200,969
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$77.2$58.2$18.9$35.2$34.3$0.93
2023Detailed filing. Detailed filing data is available for this year.$77.1$59.1$18.0$32.7$31.0$1.78
2022Detailed filing. Detailed filing data is available for this year.$40.3$24.1$16.2$28.4$27.2$1.19
2021Detailed filing. Detailed filing data is available for this year.$39.8$24.8$15.0$21.2$20.5$0.63
2020Detailed filing. Detailed filing data is available for this year.$41.6$27.2$14.4$18.9$17.9$1.04
2019Detailed filing. Detailed filing data is available for this year.$34.8$21.5$13.3$21.8$13.9$7.91
2018Detailed filing. Detailed filing data is available for this year.$27.0$21.6$5.43$12.9$12.1$0.78
2017Detailed filing. Detailed filing data is available for this year.$26.3$21.6$4.65$13.7$12.0$1.74
2016Detailed filing. Detailed filing data is available for this year.$26.4$23.5$2.92$11.7$10.6$1.06
2015Detailed filing. Detailed filing data is available for this year.$22.4$20.5$1.85$6.72$6.93$0.20
2014Detailed filing. Detailed filing data is available for this year.$16.3$14.3$2.05$5.11$3.47$1.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.86$0.15$0.59