2025-05-15T13:23:17-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2023-07-01 270681058 PEORIA CHARTER SCHOOL INITIATIVE CO NFP PEOR 3094020030 2503 N UNIVERSITY ST PEORIA IL 616042601 GLEN ROSS CFO 3094020030 2025-05-15 1 1 SAMUEL A CIGELNIK P00324762 3096714500 2025-05-15 2023 2025-03-06 01:10:19Z QUEST CHARTER ACADEMY GLEN ROSS 2503 N UNIVERSITY ST PEORIA IL 616042601 6241195 0 X WWW.QUESTPEORIA.ORG X 2009 IL THE MISSION OF THE ORGANIZATION IS TO PROVIDE CHILDREN IN GRADES 5 THROUGH 12, A COLLEGE PREPARATORY EDUCATION FOCUSING ON MATH, SCIENCE AND TECHNOLOGY. 7 7 69 7 0 0 882929 152104 5861175 6051550 422 574 64059 36967 6808585 6241195 6230 2970 0 0 6018006 5649087 0 0 0 1961706 2347236 7985942 7999293 -1177357 -1758098 4895175 2734529 759165 356617 4136010 2377912 THE MISSION OF THE ORGANIZATION IS TO PROVIDE CHILDREN IN GRADES 5 THROUGH 12, A COLLEGE PREPARATORY EDUCATION FOCUSING ON MATH, SCIENCE, AND TECHNOLOGY. 0 0 4891530 2970 5700626 THE SCHOOL SUCCESSFULLY EDUCATED 345 STUDENTS IN SCHOOL YEAR 2023-2024. THIS EDUCATION FOCUSES ON PREPARING THE STUDENTS FOR HIGH SCHOOL AND COLLEGE. THE SCHOOL CLOSED AT THE END OF 6/30/24. 1002414 387891 THE SCHOOL SUCCESSFULLY EDUCATED 345 STUDENTS IN SCHOOL YEAR 2023-2024. THIS EDUCATION FOCUSES ON PREPARING THE STUDENTS FOR HIGH SCHOOL AND COLLEGE. THIS PORTION REPRESENTS THE FOOD SERVICE AND STUDENT TRANSPORTATION SERVICES PROVIDED BY THE SCHOOL. THE SCHOOL CLOSED AT THE END OF 6/30/24. 5893944 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 69 0 1 69 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X DEBORAH LAHOOD 3094020030 2503 N UNIVERSITY STREET PEORIA IL 61604 GLENN ROSS PRESIDENT 2.00 X X 0 0 0 JAN LEONARD SECRETARY 2.00 X X 0 0 0 MICKEISHA ARMSTRONG BOARD MEMBER 1.00 X 0 0 0 POLLY BARTON BOARD MEMBER 0.50 X 0 0 0 PREETI SARIN BOARD MEMBER 0.50 X 0 0 0 VICTORIA AYIKU BOARD MEMBER 0.50 X 0 0 0 FRANCINE MARTIN BOARD MEMBER 0.50 X 0 0 0 DR JOHN F GILLIGAN FINANCE CHAIR (THRU 12/23) 0.75 X X 0 0 0 DR KARIN VELPULA BOARD MEMBER (THRU 12/23) 0.50 X 0 0 0 DEBORAH LAHOOD BUSINESS MANAGER 50.00 X 140074 0 21629 DR TAUNYA JENKINS EXECUTIVE DIRECTOR 50.00 X 278946 0 29980 ROBYN MCCRACKEN PRINCIPAL - HIGH SCHOOL 50.00 X 117620 0 18040 ROBERT DOWNEY DIRECTOR OF TECHNOLOGY 50.00 X 107881 0 32169 MICHELLE CRUZ PRINCIPAL - MIDDLE SCHOOL 50.00 X 114783 0 33361 759304 0 135179 5 0 1 0 ILLINOIS CENTRAL BUS 3033 W JEFFERSON STREET SUITE 200 JOLIET IL 60435 TRANSPORTATION 630102 ARAMARK 900 KOCH ST SUITE 2 PEKIN IL 61554 FOOD SERVICES 243036 2 50145 101959 50145 152104 REVENUE FROM PUBLIC SC 611600 5613818 5613818 FOOD SERVICE 611600 320966 320966 TRANSPORTATION 611600 66925 66925 STUDENT FEES 611600 47940 47940 ATHLETICS 611600 1901 1901 6051550 574 574 MISCELLANEOUS REVENUE 900099 36967 36967 36967 6241195 6088517 0 574 X 2970 2970 471742 54913 416829 4086194 2942478 1143716 295125 247981 47144 551838 421166 130672 244188 181391 62797 125434 37304 88130 46718 11212 35506 30000 30000 18236 4377 13859 32889 21353 11536 4620 4620 423125 423125 5923 5923 159259 159259 71111 71111 STUDENT TRANSPORTATION 740257 740257 FOOD SERVICE 262157 262157 ACTIVITIES AND PROGRAMS 193576 163799 29777 OFFICE EQUIPMENT MAINTE 135060 135060 98871 85142 13729 7999293 5893944 2105349 0 119637 530 2690013 1092140 503041 205686 55759 18562 3557047 2211047 1455114 1346000 71611 71611 4895175 2734529 759165 356617 759165 356617 X 3856975 2101847 279035 276065 4136010 2377912 4895175 2734529 -1758098 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 PART II-B, LINE 1: THE ORGANIZATION ENGAGED CHICO & NUNES, P.C. TO LOBBY AN APPEAL OF PEORIA SCHOOL DISTRICT 150'S DECISION NOT TO RENEW THE ORGANIZATION'S CHARTER. 2715173 1415327 1299846 841874 795720 46154 1346000 X 6241195 0 6241195 0 6241195 7999293 0 7999293 0 7999293 PART X, LINE 2: THE SCHOOL RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE SCHOOL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBI). THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGMENT. THE SCHOOL BELIEVES THAT ALL ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL FILES FORMS 990 IN THE U.S. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY HAS BEEN EXPLAINED THROUGH OUR SCHOOL BROCHURES AND IN OUR GENERAL APPLICATION / REGISTRATION PROCESS. SCHEDULE E, PART I, LINE 6 $5,613,818 - GRANTS FROM PEORIA SCHOOL DISTRICT #150 TO OPERATE SCHOOL 0 0 0 0 0 0 0 0 0 DR TAUNYA JENKINS EXECUTIVE DIRECTOR 278946 0 0 0 0 0 13988 0 15992 0 308926 0 0 0 DEBORAH LAHOOD BUSINESS MANAGER 140074 0 0 0 0 0 11767 0 9862 0 161703 0 0 0 X BUILDING IMPROVEMENTS 1 50145 COST 0 0 0 PART I, COLUMN (B): ONE DONOR CONTRIBUTED THE BUILDING IMPROVEMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH PUBLICLY AVAILABLE BOARD MEETING DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST ANNUALLY DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS FORMALLY REVIEWED ANNUALLY BY THE BOARD PRESIDENT AND THE BOARD HR MEMBER. BOARD CONSIDERATION INCLUDES THE SCHOOL'S PERFORMANCE. THE FULL BOARD APPROVES THE CEO'S COMPENSATION ANNUALLY. ALL OTHER SALARIES ARE REVIEWED IN REGARD TO INDUSTRY STANDARDS BY THE CEO. DURING A CURRENT YEAR FOR THE FOLLOWING YEAR, THE SALARIES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD WHEN THE BUDGET FOR THE FOLLOWING YEAR IS APPROVED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH PUBLICLY AVAILABLE BOARD MEETING DOCUMENTS. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 82,175. MANAGEMENT AND GENERAL EXPENSES 12,004. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94,179. STAFF RECRUITMENT: PROGRAM SERVICE EXPENSES 2,967. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,967. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,725. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,725. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS THE AUDIT COMMITTEE AND IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM LAST YEAR.