2025-03-14T16:18:11-05:00 2024-06-30 362239746 SASSETTI LLC 2107 SWIFT DRIVE SUITE 210 OAK BROOK IL 60523 990 2023-07-01 201770644 BAKER DEMONSTRATION SCHOOL INC BAKE 8472455817 201 SHERIDAN ROAD WILMETTE IL 60091 ARONA PUTTRICH DIRECTOR OF FINANCE 8472455817 2025-03-14 1 0 TIMOTHY G GRIFFITH P00299751 7083861433 2025-03-14 2023 2025-03-06 01:10:19Z ARONA PUTTRICH 201 SHERIDAN ROAD WILMETTE IL 60091 6760858 0 X WWW.BAKERDEMSCHOOL.ORG X 2004 IL BAKER IS AN ELEMENTARY SCHOOL THAT CHAMPIONS AN EXEMPLARY PROGRESSIVE EDUCATION. 11 11 84 40 0 0 1738936 1336474 3801996 3785157 42356 101900 280320 11569 5863608 5235100 0 0 0 0 3607356 3523746 0 0 151080 1821952 1751794 5429308 5275540 434300 -40440 13678199 13460999 8185780 8026901 5492419 5434098 AT BAKER, WE CHAMPION AN EXEMPLARY PROGRESSIVE EDUCATION, WHICH CULTIVATES AN INTRINSIC MOTIVATION TO LEARN, VALUES DIFFERENCES, NURTURES THE WHOLE PERSON, AND ENCOURAGES COURAGEOUS CHOICES. 0 0 4361880 3808353 FOR THE FISCAL YEAR ENDING 6/30/2024, 194 STUDENTS ENROLLED DURING THE SCHOOL YEAR. SUMMER CAMP HAD 250 PARTICIPANTS THAT STAYED FOR MULTI SESSIONS, THAT FILLED 740 SPOTS AND A WAITLIST OF 506 EARNING OVER $354K IN REVENUE. WE HAD GREAT SUCCESS WITH EMPOWER FUNDRAISING FOR SCHOLARSHIP, NETTING OVER $331K. 4361880 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 84 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X ARONA PUTTRICH 8474255800 201 SHERIDAN RD WILMETTE IL 60091 STEPHANIE HENTZ PRESIDENT 3.00 X X 0 0 0 KIM PTAK TREASURER 3.00 X X 0 0 0 RHIANNON SCHMEIG SECRETARY 3.00 X X 0 0 0 GEORGE GAINES VICE CHAIR 3.00 X X 0 0 0 SHANA BERNSTEIN TRUSTEE 3.00 X 0 0 0 CHARIS IRVING TRUSTEE 3.00 X 0 0 0 HILDE KAISER TRUSTEE 3.00 X 0 0 0 ROEL MASON-VIVIT TRUSTEE 3.00 X 0 0 0 MOHAMED NUR TRUSTEE 3.00 X 0 0 0 KEN POWERS TRUSTEE 3.00 X 0 0 0 ELIZABETH POWLEY TRUSTEE 3.00 X 0 0 0 RICHARD ROCCA INTERIM HEAD OF SCHOOL 40.00 X 92910 0 29758 ARONA PUTTRICH DIR., FINANCE & OPERATIONS 40.00 X 123038 0 24785 DENISE BOSWELL DIRECTOR OF ADMISSIONS 40.00 X 103189 0 9101 319137 0 63644 2 0 0 0 0 89137 299187 948150 1336474 TUITION 611600 3293356 3293356 SUMMER TUITION 611600 276822 276822 EXTENDED CARE 611600 145381 145381 OTHER PROGRAM FEES 611600 52501 52501 APPLICATION FEES 611600 17097 17097 3785157 103393 103393 1512638 1514131 -1493 -1493 -1493 0 89137 11627 -11627 -11627 OTHER REVENUE 900099 23196 23196 23196 5235100 3808353 0 90273 289633 243855 37698 8080 2721657 2291477 354247 75933 65054 54772 8467 1815 238602 200889 31056 6657 208800 175798 27177 5825 6408 6408 49172 49172 2389 2389 75855 17158 53485 5212 85723 60006 17145 8572 128889 95017 22689 11183 31964 27170 4315 479 455207 386926 61453 6828 172224 146391 23250 2583 392543 333661 52994 5888 57930 49150 7766 1014 EDUCATIONAL EXPENSE 276486 276486 ADVANCEMENT 7569 7569 BPO EXPENSE 3472 3124 348 EVENT COSTS 3442 3442 2521 2521 5275540 4361880 762580 151080 961100 728213 15128 1839100 1905079 82039 103789 13254855 4510574 9136824 8744281 1479325 1869020 164683 110617 13678199 13460999 113644 511727 3443485 3486703 4278972 4024221 349679 4250 8185780 8026901 X 4333772 4151083 1158647 1283015 5492419 5434098 13678199 13460999 -40440 -17881 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2708458 2708458 6135449 2760951 3374498 4302999 1657164 2645835 107949 92459 15490 8744281 TUITION DEPOSITS 4250 4250 X 5226457 -17881 11627 -6254 5232711 2389 2389 5235100 5284778 11627 11627 5273151 2389 2389 5275540 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION180(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDERIRC SECTION 509(A). THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. IN EVALUATING THE ORGANIZATION'S ACTIVITIES, MANAGEMENT BELIEVES ITS POSITION OF TAX-EXEMPT STATUS IS BASED ON CURRENT FACTS AND CIRCUMSTANCES AND THERE HAVE BEEN NO UNCERTAIN TAX POSITIONS TAKEN RELATED TO RECORDING INCOME TAXES. IN THE OPINION OF MANAGEMENT THERE ARE NO ACTIVITIES UNRELATED TO THE PURPOSE OF THE ORGANIZATION AND THAT NO TAX IS TO BE RECOGNIZED FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. IT IS THE POLICY OF THE ORGANIZATION TO INCLUDE IN ADMINISTRATIVE EXPENSES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES. THERE ARE NO PENALTIES OR INTEREST FROM TAXING AUTHORITIES INCLUDED IN ADMINISTRATIVE EXPENSES FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 11,627. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 11,627. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S RACIAL NONDISCRIMINATORY POLICY IS STATED WITHIN VARIOUS NEWSPAPERS IN THE COMMUNITIES IT SERVES INCLUDING FOREIGN LANGUAGE PAPERS AS WELL AS ON ITS WEBSITE. ANNUAL BENEFIT 89137 89137 10592 1035 89137 89137 10592 1035 11627 -11627 A ILLINOIS FINANCE AUTHORITY 861091967 NONEAVAIL 2016-05-17 7000000 ACQUISITION & CONSTRUCTION 0 0 0 A 5737854 161124 6853376 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 1 FIRST MIDWEST BANK 100.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO THE FINANCE COMMITTEE BEFORE FILING. QUESTIONS OR CONCERNS THAT ANY MEMBER OF THE FINANCE COMMITTEE HAS ARE DIRECTED TO THE ACCOUNTANT AND ARE ADDRESSED BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY ASKING EACH DIRECTOR, OFFICE, AND MEMBER OF A COMMITTEE AND MEMBERS OF ADMINISTRATION TO ANNUALLY SIGN THE POLICY. IF A POTENTIAL CONFLICT OF INTEREST ARISES, IT IS DISCLOSED TO THE BOARD OF TRUSTEES. IF IT IS DEEMED A CONFLICT, THE INDIVIDUAL SHALL NOT BE INVOLVED DURING ANY RELATED DISCUSSIONS ON THE MATTER. THE MINUTES OF ALL ACTIONS TAKEN ON SUCH MATTERS CLEARLY REFLECT THE CONTEXT OF SUCH SITUATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES APPOINTED A COMMITTEE TO HIRE THE HEAD OF SCHOOL. THE COMMITTEE USED DATA FROM KNOWLEDGEABLE CONSULTANTS, BENCHMARKING SURVEYS (NAIS), AND INDUSTRY CONTACTS TO DETERMINE REASONABLE SALARY. THE APPROVAL OF THE SALARY IS DOCUMENTED IN THE HEAD OF SCHOOL'S CONTRACT. THE LAST REVIEW WAS DONE IN MARCH 2022 AND OCTOBER 2023. THE BOARD OF TRUSTEES APPOINTED A COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL OF THE DIRECTOR OF FINANCE'S SALARY. THE COMMITTEE USED DATEA FROM NATIONAL BUSINESS OFFICERS ASSOCIATION, BENCHMARKING SURVEYS (NAIS), AND OTHER SALARY BENCHMARKING TOOLS TO DETERMINE REASONABLE SALARY. THE APPROVAL OF THE SALARY IS DOCUMENTED IN THE BOARD MINUTES. THE LAST REVIEW WAS DONE IN MARCH 2022 AND OCTOBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES MAKE ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.