Civic Intelligence

Depaul College Prep Foundation

EIN 81-4516326 • 501(c)3 • Chicago, IL

Profile

Raising funds in support of depaul college prep, an illinois not-for-profit corporation, holding funds and assets raised, disbursing available funds in support of the capital, operating and other financial needs of depaul college prep or in furtherance of such purpose.

3333 North Rockwell StreetChicago, IL 60618

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Siviq Scores

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

Liabilities / Assets

80th percentile

0.71x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

6.65x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

6th percentile

$76,000

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

16th percentile

-2.4%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

155%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$104,743,812

Down $2,570,915 (-2.4%) from 2023

Liabilities

Down

$74,677,046

Down $5,665,691 (-7.1%) from 2023

Net Assets

Up

$30,066,766

Up $3,094,776 (+11%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin78th percentile

Revenue

Up

$11,223,189

Up $6,821,596 (+155%) from 2023

Expenses

Up

$8,716,522

Up $4,653,236 (+115%) from 2023

Net Income

Up

$2,506,667

Up $2,168,360 (+641%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

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

$150M$100M$50M$0Assets 2017: $28,003Liabilities 2017: $02017Assets 2018: $74,783Liabilities 2018: $02018Assets 2019: $21,646,594Liabilities 2019: $0Net Assets 2019: $21,646,5942019Assets 2020: $74,366,051Liabilities 2020: $50,289,333Net Assets 2020: $24,076,7182020Assets 2021: $72,293,565Liabilities 2021: $47,375,744Net Assets 2021: $24,917,8212021Assets 2022: $73,669,228Liabilities 2022: $47,244,418Net Assets 2022: $26,424,8102022Assets 2023: $107,314,727Liabilities 2023: $80,342,737Net Assets 2023: $26,971,9902023Assets 2024: $104,743,812Liabilities 2024: $74,677,046Net Assets 2024: $30,066,7662024

Highlighted filing

2024

Assets$104,743,812
Liabilities$74,677,046
Net Assets$30,066,766
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

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

$30M$20M$10M$0Revenue 2017: $28,003Expenses 2017: $0Net Income 2017: $28,0032017Revenue 2018: $47,385Expenses 2018: $605Net Income 2018: $46,7802018Revenue 2019: $21,887,772Expenses 2019: $471,865Net Income 2019: $21,415,9072019Revenue 2020: $3,684,787Expenses 2020: $1,098,759Net Income 2020: $2,586,0282020Revenue 2021: $6,244,155Expenses 2021: $5,403,052Net Income 2021: $841,1032021Revenue 2022: $4,802,085Expenses 2022: $3,168,710Net Income 2022: $1,633,3752022Revenue 2023: $4,401,593Expenses 2023: $4,063,286Net Income 2023: $338,3072023Revenue 2024: $11,223,189Expenses 2024: $8,716,522Net Income 2024: $2,506,6672024

Highlighted filing

2024

Revenue$11,223,189
Expenses$8,716,522
Net Income$2,506,667
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$104,743,812
Liabilities
$74,677,046
Net assets
$30,066,766
Revenue
$11,223,189
Expenses
$8,716,522
Net income
$2,506,667
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$105$74.7$30.1$11.2$8.72$2.51
2023Detailed filing. Detailed filing data is available for this year.$107$80.3$27.0$4.40$4.06$0.34
2022Detailed filing. Detailed filing data is available for this year.$73.7$47.2$26.4$4.80$3.17$1.63
2021Detailed filing. Detailed filing data is available for this year.$72.3$47.4$24.9$6.24$5.40$0.84
2020Summary only. Only limited summary data is available for this year.$74.4$50.3$24.1$3.68$1.10$2.59
2019Summary only. Only limited summary data is available for this year.$21.6$0.00$21.6$21.9$0.47$21.4
2018Summary only. Only limited summary data is available for this year.$0.07$0.00$0.05$0.00$0.05
2017Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.00$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$12,116,032
Mission and Program Overview

Mission

Raising funds in support of depaul college prep, an illinois not-for-profit corporation, holding funds and assets raised, disbursing available funds in support of the capital, operating and other financial needs of depaul college prep or in furtherance of such purpose.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$83,080,276$83,715,458▲ $635,182
Savings and Temporary Cash Investments$3,573,979$6,105,969▲ $2,531,990
Pledges and Grants Receivable$1,411,503$5,196,888▲ $3,785,385
Investments in Publicly Traded Securities$980,816$1,456,341▲ $475,525
Accounts Receivable$24,061--
Total Assets$107,314,727$104,743,812▼ $2,570,915
Other Assets Total$18,244,092$8,269,156▼ $9,974,936
Liabilities
Mortgage Notes Payable Secured by Investment Property$72,049,957$72,160,363▲ $110,406
Other Liabilities$1,534,782$1,770,857▲ $236,075
Accounts Payable and Accrued Expenses$6,757,998$745,826▼ $6,012,172
Total Liabilities$80,342,737$74,677,046▼ $5,665,691
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,102,023$22,982,379▼ $1,119,644
Net Assets With Donor Restrictions$2,869,967$7,084,387▲ $4,214,420
Total Net Assets Fund Balance$26,971,990$30,066,766▲ $3,094,776
Total Liabilities and Net Assets / Fund Balance$107,314,727$104,743,812▼ $2,570,915

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$83,715,458--
Other Assets Org$35,346--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,386,215$341,993▲ $128,228-$1,840,436
2022$1,107,160$198,798▲ $83,257-$1,386,215
2021$844,267$374,386▼ $108,493-$1,107,160
2020$651,805$192,462--$844,267
2019-$651,805--$651,805
Compensation and Service Providers
Top Officer Pay6th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Mary a DempseyPresidentPT$76,000$76,000

Board Members and Trustees

NameTitle
Jeff BethkeTreasurer
Robert KarpinskiTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bulley And AndrewsArchitectural Services1755 W ARMITAGE, Chicago, IL 60622$375,000
Revenue and Support

Revenue Composition

Contributions and Grants
$6,705,122
Program Service Revenue
$4,166,904
Investment Income
$224,451
Other Revenue
$126,712
All Other Contributions
$6,705,122
Change in Net Assets
$2,506,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,216,417
Revenue Not Reported on Financial Statements
$6,772
Revenue Not Reported on Form 990
$594,881
Total Revenue per Audited Statements
$11,811,298
Total Revenue per Form 990
$11,223,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,582,037
Other Expenses$4,134,485
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,566,037--$4,566,037
Interest$3,950,412--$3,950,412
Fees for Services Other-$115,020-$115,020
Office Expenses$29,045--$29,045
Fees for Services Accounting-$22,954-$22,954
Grants to Domestic Individuals$16,000--$16,000
Fees for Services Legal-$9,308-$9,308
Other Expenses-$37-$37
Total Functional Expenses$8,561,494$155,028$0$8,716,522

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,716,522
Total Expenses per Audited Statements$8,716,522
Total Expenses per Form 990$8,716,522
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Depaul College PrepChicago, IL501(c)(3)The Foundation Paid for Improvements, Furniture and Equipment for a New Academic Wing at Depaul College Prep and Donated the Assets to the High School.$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
Accrued Interest on Tax Exempt Bonds Payable$1,654,367
Due to Depaul College Prep$116,490

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIllinois Finance Authority2023-02-23$73,909,712Refund prior taxable bonds and capital improvements to school building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$74,255,184$4,953,918-$1,648,765

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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 was circulated to the board of directors prior to filing”

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

“A member of depaul college prep management verifies each member of the depaul college prep foundation board responds to an annual conflict-of-interest questionnaire and, based on the responses to that questionnaire, will determine if a conflict does exist. If a conflict were to arise with a board member, that member would not participate in the boards' deliberations and approval process for the applicable transactions.”

Form 990, Part VI, Section C, Line 19

“All documents are held by the director of finance of depaul college prep and are available to review upon request.”

Filing and Contact Details

Filer

Filer Name
Depaul College Prep Foundation
EIN
81-4516326
Phone
7735393600
Address
3333 NORTH ROCKWELL STREET, CHICAGO, IL 60618

Signing Officer

Name
Mary Dempsey
Title
President
Phone
7735393600
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Dempsey
Formed
2016
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
7

Preparer

Firm
Selden Fox Ltd
Address
ONE PARKVIEW PLAZA SUITE 710, OAKBROOK TERRACE, IL 60181
Preparer
Paul Rozek
Phone
6309541400
Supplemental Narrative

Additional Explanations

SUPPLEMENT TO PART III WHAT IS ORGANIZATION'S PRIMARY EXEMPT PURPOSE?

“The purpose of the depaul college prep's foundation (the "foundation"), as stated in its articles of incorporation, are: exclusively charitable, religious, and educational within the meaning of the code section 501 (c)(3), and specifically within those purposes to operate as a supporting organizatlon described in code section 509(a)(3) exclusively for the benefit of, to perform the functions of, or to carry out the purposes of depaul college prep, an illinois not-for-profit corporation that is described in code section 501(c)(3) and classified as a public charity described in code section 509(a)(1) ("depaul college prep"), for so long as depaul college prep shall be in existence and so described, including, without limitation, raising funds in support of depaul college prep or in furtherance of any such purpose; holding funds and assets raised by the board of directors of depaul college prep or other persons in support of depaul college prep; disbursing available funds in support of acquiring, holding, and maintaining assets, including real property, in support of depaul college prep or in furtherance of any such purpose and furthering the mission and values of catholic education.”

FORM 990, PART XI, LINE 9:

“Interest earned from tax exempt bond proceeds in control of bond trustee 508,819.”

Form 990 Part XII Line 2C

“The board of directors ep appoint the independent auditors and review the results of the audit.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Interest earned from tax exempt bond proceeds in control of bond trustee”

Part V, Line 4 - Intended Use of Endowment Funds

“Endowment funds will fund future scholarships to students who attend depaul college prep and for professional development for the faculty of depaul college prep. A portion of investment income will be retained to allow the fund to continue to grow.”

Raw XML AppendixShowing 400 of 532 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/OtherLiabilitiesGrp/EOYAmt01770857
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IRS990/PartialLiquidationInd00
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01411503
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARY DEMPSEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON SALES-TYPE LEASE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04166904
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM SERVICE: ENDOWMENT FOR EDUCATIONAL PURPOSECONTRIBUTIONS TO DEPAUL COLLEGE PREP FOUNDATION ARE PARTIALLY TO GROW THE ENDOWMENT TO BE USED FOR EDUCATIONAL PURPOSES. THE ENDOWMENT FUND WILL FUND BOTH SCHOLARSHIPS TO STUDENTS WHO ATTEND DEPAUL COLLEGE PREP AND PROFESSIONAL DEVELOPMENT FOR THE FACULTY AT DEPAUL COLLEGE PREP.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt016000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0341993
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01688681
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03000
IRS990/PYInvestmentIncomeAmt027925
IRS990/PYOtherExpensesAmt04060286
IRS990/PYOtherRevenueAmt024061
IRS990/PYProgramServiceRevenueAmt02660926
IRS990/PYRevenuesLessExpensesAmt0338307
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04063286
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04401593
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02506667
IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt03951623
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03573979
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06105969
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FILING ENTITY BUILDS AND MANITAINS SCHOOL FACILITIES WHICH ARE LEASED TO THE SUPPORTED ORGANIZATION AT A DISCOUNTED RATE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART 1 LINE 12
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt016000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DEPAUL COLLEGE PREP
IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01386215
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0341993
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01840436
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt016000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0128228
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01107160
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01386215
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt03000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt083257
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0844267
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NET INVESTMENT IN SALES-TYPE LEASE
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt086062
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08233810
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt135346
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENTS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST RECEIVABLE FROM INVESTMENTS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01654367
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1116490
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST ON TAX EXEMPT BONDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO DEPAUL COLLEGE PREP
IRS990ScheduleD/OtherRevenueAmt0508819
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06772
IRS990ScheduleD/RevenueSubtotalAmt011216417
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTEREST EARNED FROM TAX EXEMPT BOND PROCEEDS IN CONTROL OF BOND TRUSTEE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ENDOWMENT FUNDS WILL FUND FUTURE SCHOLARSHIPS TO STUDENTS WHO ATTEND DEPAUL COLLEGE PREP AND FOR PROFESSIONAL DEVELOPMENT FOR THE FACULTY OF DEPAUL COLLEGE PREP. A PORTION OF INVESTMENT INCOME WILL BE RETAINED TO ALLOW THE FUND TO CONTINUE TO GROW.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4 - INTENDED USE OF ENDOWMENT FUNDS
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt08269156
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IRS990ScheduleD/TotalLiabilityAmt01770857
IRS990ScheduleD/TotalRevenuePerForm990Amt011223189
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08716522
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt016000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt04566037
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0FIXED ASSETS ACQUIRED AND DONATED TO HIGH SCHOOL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THE FOUNDATION PAID FOR IMPROVEMENTS, FURNITURE AND EQUIPMENT FOR A NEW ACADEMIC WING AT DEPAUL COLLEGE PREP AND DONATED THE ASSETS TO THE HIGH SCHOOL.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DEPAUL COLLEGE PREP
IRS990ScheduleI/RecipientTable/RecipientEIN0530196617
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03333 N ROCKWELL ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060618
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0COST
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IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0THE TOTAL PROCEEDS OF THE ISSUE WAS INCREASED IN THE CURRENT YEAR TO INCLUDE INTEREST EARNED AND ADDED TO BALANCE IN DEBT SERVICE RESERVE FUND.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 SCHEDUL K PART II LINE 3
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02023-02-23
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum045204FUE3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt073909712
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0ILLINOIS FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFUND PRIOR TAXABLE BONDS AND CAPITAL IMPROVEMENTS TO SCHOOL BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
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IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
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IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt01363807
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE DEPAUL COLLEGE PREP'S FOUNDATION (THE "FOUNDATION"), AS STATED IN ITS ARTICLES OF INCORPORATION, ARE: EXCLUSIVELY CHARITABLE, RELIGIOUS, AND EDUCATIONAL WITHIN THE MEANING OF THE CODE SECTION 501 (C)(3), AND SPECIFICALLY WITHIN THOSE PURPOSES TO OPERATE AS A SUPPORTING ORGANIZATLON DESCRIBED IN CODE SECTION 509(A)(3) EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF DEPAUL COLLEGE PREP, AN ILLINOIS NOT-FOR-PROFIT CORPORATION THAT IS DESCRIBED IN CODE SECTION 501(C)(3) AND CLASSIFIED AS A PUBLIC CHARITY DESCRIBED IN CODE SECTION 509(A)(1) ("DEPAUL COLLEGE PREP"), FOR SO LONG AS DEPAUL COLLEGE PREP SHALL BE IN EXISTENCE AND SO DESCRIBED, INCLUDING, WITHOUT LIMITATION, RAISING FUNDS IN SUPPORT OF DEPAUL COLLEGE PREP OR IN FURTHERANCE OF ANY SUCH PURPOSE; HOLDING FUNDS AND ASSETS RAISED BY THE BOARD OF DIRECTORS OF DEPAUL COLLEGE PREP OR OTHER PERSONS IN SUPPORT OF DEPAUL COLLEGE PREP; DISBURSING AVAILABLE FUNDS IN SUPPORT OF ACQUIRING, HOLDING, AND MAINTAINING ASSETS, INCLUDING REAL PROPERTY, IN SUPPORT OF DEPAUL COLLEGE PREP OR IN FURTHERANCE OF ANY SUCH PURPOSE AND FURTHERING THE MISSION AND VALUES OF CATHOLIC EDUCATION.

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