Civic Intelligence

Intrinsic Schools

990 • Fiscal year 2018 • EIN 45-5454261

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

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

86th percentile

0.80x

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

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

1.68x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

58th percentile

6.0%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

25th percentile

$164,288

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

52nd percentile

2.9%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-6.3%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$27,006,759

Up $753,121 (+2.9%) from 2017

Net Assets

Up

$5,429,034

Up $775,559 (+17%) from 2017

Liabilities

Down

$21,577,725

Down $22,438 (-0.1%) from 2017

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin58th percentile

Revenue

Down

$12,850,168

Down $859,826 (-6.3%) from 2017

Expenses

Up

$12,074,609

Up $102,012 (+0.9%) from 2017

Net Income

Down

$775,559

Down $961,838 (-55%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth52nd 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

2018

Assets$27,006,759
Liabilities$21,577,725
Net Assets$5,429,034
Open 2018 Filing

Operations Trend

Revenue Growth20th 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

2018

Revenue$12,850,168
Expenses$12,074,609
Net Income$775,559
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$12,850,168
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,039,265$18,306,366▼ $732,899
Cash and Non-Interest-Bearing Accounts$4,226,722$6,453,783▲ $2,227,061
Pledges and Grants Receivable$1,233,157$461,319▼ $771,838
Total Assets$26,253,638$27,006,759▲ $753,121
Other Assets Total$1,754,494$1,785,291▲ $30,797
Liabilities
Tax Exempt Bond Liabilities$20,844,309$20,559,353▼ $284,956
Accounts Payable and Accrued Expenses$499,180$786,829▲ $287,649
Unsecured Notes Loans Payable$125,000$125,000→ $0
Other Liabilities$103,187$102,043▼ $1,144
Deferred Revenue$28,487$4,500▼ $23,987
Total Liabilities$21,600,163$21,577,725▼ $22,438
Net Assets / Fund Balance
Unrestricted Net Assets$4,146,475$5,154,034▲ $1,007,559
Temporarily Rstr Net Assets$507,000$275,000▼ $232,000
Total Net Assets Fund Balance$4,653,475$5,429,034▲ $775,559
Total Liabilities and Net Assets / Fund Balance$26,253,638$27,006,759▲ $753,121

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,536,486$2,272,904$17,809,390
Land$2,177,785-$2,177,785
Equipment$269,721$1,032,888$1,302,609
Other Land Buildings$322,374$602,690$925,064
Other Assets Org$1,769,450--
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa ZaikosCEOFT$153,300$10,988$164,288
Tim LigueCo-principalFT$133,300$10,166$143,466
Ami GandhiDirector of Personalized LearningFT$104,040$24,863$128,903
Marcos AlcozerDirector of TechnologyFT$101,936$8,895$110,831

Board Members and Trustees

NameTitle
James FrankChair
David EpsteinBoard Member
Harriet MeyerBoard Member
Jim PalosBoard Member
Josh TolmanBoard Member
Justin ManlyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Futures Healthcore LLCContracted Labor136 WILLIAM STREET, Springfield, MA 01105$152,298
Revenue and Support

Revenue Composition

Contributions and Grants
$12,640,427
Program Service Revenue
$181,329
Investment Income
$0
Other Revenue
$28,412
All Other Contributions
$250,868
Change in Net Assets
$775,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,850,168
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$356,332
Total Revenue per Audited Statements
$13,206,500
Total Revenue per Form 990
$12,850,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,120,468
Other Expenses$4,954,141
Total Fundraising Expense$182,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,208,834$427,630$70,807$5,707,271
Interest$1,125,248$100,022$25,006$1,250,276
Depreciation Depletion$930,746$82,733$20,683$1,034,162
Pension Plan Contributions$598,267$9,955$1,271$609,493
Fees for Services Other$329,764$179,408$2,270$511,442
Other Employee Benefits$388,111$33,478$7,872$429,461
Occupancy$344,281$37,655$6,737$388,673
Office Expenses$319,936$26,544$6,636$353,116
Payroll Taxes$168,194$35,904$8,029$212,127
Current Officers, Directors, Trustees, and Key Employees$81,058$48,635$32,423$162,116
Information Technology$134,657$14,298-$148,955
All Other Expenses$4,032$128,895$48$132,975
Fees for Services Accounting-$131,375-$131,375
Advertising$344$66,976-$67,320
Other Expenses$54,954--$54,954
Insurance$40,524$3,602$900$45,026
Travel$32,882$2,158-$35,040
Fees for Services Legal-$33,754-$33,754
Total Functional Expenses$10,528,905$1,363,022$182,682$12,074,609

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,430,941
Expenses per Audited Statements$12,074,609
Total Expenses per Form 990$12,074,609
Expenses Not Reported on Form 990$356,332
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$102,043

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIllinois Finance Authority2015-12-18$21,480,729Ifa series 2015 - refinance costs for school

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$21,480,729$19,514,851-$429,614

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 A, Line 8B

“The entity's bylaws allow the board power to appoint a committee with corporate authority. This committee has not yet been appointed as of the fiscal year end.”

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

“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 15A

“The salary for the ceo and all key personnel is reviewed and approved by the board of directors. The charter school growth fund, an industry leader, publishes an annual charter school/network compensation study which details national and regional salaries for charter school and charter network leaders. This is used by the school to help determine the salary for the ceo and other key personnel.”

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
2019-05-15
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
134
Volunteers
6

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 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, 2018 and 2017.”

Raw XML AppendixShowing 400 of 575 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/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014298
IRS990/InformationTechnologyGrp/ProgramServicesAmt0134657
IRS990/InformationTechnologyGrp/TotalAmt0148955
IRS990/InsuranceGrp/FundraisingAmt0900
IRS990/InsuranceGrp/ManagementAndGeneralAmt03602
IRS990/InsuranceGrp/ProgramServicesAmt040524
IRS990/InsuranceGrp/TotalAmt045026
IRS990/InterestGrp/FundraisingAmt025006
IRS990/InterestGrp/ManagementAndGeneralAmt0100022
IRS990/InterestGrp/ProgramServicesAmt01125248
IRS990/InterestGrp/TotalAmt01250276
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03908482
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019039265
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018306366
IRS990/LandBldgEquipCostOrOtherBssAmt022214848
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
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/NetAssetsOrFundBalancesBOYAmt04653475
IRS990/NetAssetsOrFundBalancesEOYAmt05429034
IRS990/NetUnrelatedBusTxblIncmAmt016768
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06737
IRS990/OccupancyGrp/ManagementAndGeneralAmt037655
IRS990/OccupancyGrp/ProgramServicesAmt0344281
IRS990/OccupancyGrp/TotalAmt0388673
IRS990/OfficeExpensesGrp/FundraisingAmt06636
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026544
IRS990/OfficeExpensesGrp/ProgramServicesAmt0319936
IRS990/OfficeExpensesGrp/TotalAmt0353116
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01754494
IRS990/OtherAssetsTotalGrp/EOYAmt01785291
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07872
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt033478
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0388111
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0429461
IRS990/OtherExpensesGrp/Desc0STUDENT COSTS
IRS990/OtherExpensesGrp/Desc1CPS ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/Desc2PROF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3EDUCATION MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0378396
IRS990/OtherExpensesGrp/ProgramServicesAmt1281136
IRS990/OtherExpensesGrp/ProgramServicesAmt2107541
IRS990/OtherExpensesGrp/ProgramServicesAmt354954
IRS990/OtherExpensesGrp/TotalAmt0378396
IRS990/OtherExpensesGrp/TotalAmt1281136
IRS990/OtherExpensesGrp/TotalAmt2107541
IRS990/OtherExpensesGrp/TotalAmt354954
IRS990/OtherLiabilitiesGrp/BOYAmt0103187
IRS990/OtherLiabilitiesGrp/EOYAmt0102043
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt028412
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028412
IRS990/OtherRevenueTotalAmt028412
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt070807
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0427630
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05208834
IRS990/OtherSalariesAndWagesGrp/TotalAmt05707271
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08029
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035904
IRS990/PayrollTaxesGrp/ProgramServicesAmt0168194
IRS990/PayrollTaxesGrp/TotalAmt0212127
IRS990/PensionPlanContributionsGrp/FundraisingAmt01271
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09955
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0598267
IRS990/PensionPlanContributionsGrp/TotalAmt0609493
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01233157
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0461319
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MELISSA ZAIKOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0181329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0181329
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013479874
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt05996613
IRS990/PYOtherRevenueAmt014079
IRS990/PYProgramServiceRevenueAmt0216041
IRS990/PYRevenuesLessExpensesAmt01737397
IRS990/PYSalariesCompEmpBnftPaidAmt05975984
IRS990/PYTotalExpensesAmt011972597
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013709994
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0775559
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0181329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012640427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt013479874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt011530030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06557611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05081662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt049289604
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0645974
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt028412
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt014079
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03521
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03300
IRS990ScheduleA/OtherIncome170Grp/TotalAmt049312
IRS990ScheduleA/PublicSupportCY170Pct00.98580
IRS990ScheduleA/PublicSupportTotal170Amt048637901
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt0651703
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012640427
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt013479874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt011530030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06557611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05081662
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt049289604
IRS990ScheduleA/TotalSupportAmt049338916
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015536486
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02272904
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017809390
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0356332
IRS990ScheduleD/DonatedServicesUseFcltsAmt0356332
IRS990ScheduleD/EquipmentGrp/BookValueAmt0269721
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01032888
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01302609
IRS990ScheduleD/ExpensesNotReportedAmt0356332
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012074609
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02177785
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02177785
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015841
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11769450
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CASH - RESTRICTED BY BOND INDENTURE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0322374
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0602690
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0925064
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0102043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0356332
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012850168
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 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, 2018 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018306366
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01785291
IRS990ScheduleD/TotalExpensesPerForm990Amt012074609
IRS990ScheduleD/TotalLiabilityAmt0102043
IRS990ScheduleD/TotalRevenuePerForm990Amt012850168
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013206500
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012430941
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
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,006,759
Liabilities
$21,577,725
Net assets
$5,429,034
Revenue
$12,850,168
Expenses
$12,074,609
Net income
$775,559
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