BAKER DEMONSTRATION SCHOOL INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BAKER DEMONSTRATION SCHOOL INC (EIN 20-1770644)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-14
- IRS object ID
- 202313189349303841
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T09:36:55-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362239746 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SASSETTI LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2107 SWIFT DRIVE SUITE 210 | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60523 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201770644 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER DEMONSTRATION SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BAKE | BusinessNameControlTxt |
| Phone | 8472455817 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SHERIDAN ROAD | AddressLine1Txt |
| City | WILMETTE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60091 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARONA PUTTRICH | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 8472455817 | PhoneNum |
| Signature | 2023-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ARONA | PersonFirstNm |
| Person Last | PUTTRICH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEFF SCHROEDER | PreparerPersonNm |
| PTIN | P01245303 | PTIN |
| Phone | 7083861433 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ARONA PUTTRICH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SHERIDAN ROAD | AddressLine1Txt |
| City | WILMETTE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60091 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,898,381 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BAKERDEMSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | BAKER IS AN ELEMENTARY SCHOOL THAT CHAMPIONS AN EXEMPLARY PROGRESSIVE EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 86 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $918,938 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,738,936 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,593,329 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,801,996 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,463 | PYInvestmentIncomeAmt |
| CY Investment Income | $42,356 | CYInvestmentIncomeAmt |
| PY Other Revenue | $425,687 | PYOtherRevenueAmt |
| CY Other Revenue | $280,320 | CYOtherRevenueAmt |
| PY Total Revenue | $4,950,417 | PYTotalRevenueAmt |
| CY Total Revenue | $5,863,608 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,372,842 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,607,356 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $121,084 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,841,807 | PYOtherExpensesAmt |
| CY Other Expenses | $1,821,952 | CYOtherExpensesAmt |
| PY Total Expenses | $5,214,649 | PYTotalExpensesAmt |
| CY Total Expenses | $5,429,308 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$264,232 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $434,300 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,302,175 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,678,199 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,379,097 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,185,780 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,923,078 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,492,419 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,566,093 | ExpenseAmt |
| Revenue | $4,044,310 | RevenueAmt |
| Desc | FOR THE FISCAL YEAR ENDING 6/30/2023, 194 STUDENTS ENROLLED IN 422 SPOTS DURING THE SCHOOL YEAR AND SUMMER CAMP HAD 133 STUDENTS TAKINGS 134 SPOTS. | Desc |
| Total Program Service Expenses | $4,566,093 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 86 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARONA PUTTRICH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8474255800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SHERIDAN RD | AddressLine1Txt |
| City | WILMETTE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60091 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| STEPHANIE HENTZ | ||||||
| PRESIDENT | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KIM PTAK | ||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SHANA BERNSTEIN | ||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GEORGE GAINES | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| CHARIS IRVING | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| HILDE KAISER | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| COLLEEN MASTONY | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| MOHAMED NUR | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| KEN POWERS | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| RHIANNON SCHMEIG | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ALVIN TILLERY | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ARONA PUTTRICH | ||||||
| DIRECTOR OF FINANCE | 40.00 | Yes (X) | $119,341 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $119,341 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $2,870 | FundraisingAmt |
| All Other Contributions | $1,736,066 | AllOtherContributionsAmt |
| Total Contributions | $1,738,936 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $3,383,460 | $3,383,460 |
| SUMMER TUITION | 611600 | $231,571 | $231,571 |
| EXTENDED CARE | 611600 | $131,345 | $131,345 |
| OTHER PROGRAM FEES | 611600 | $29,327 | $29,327 |
| APPLICATION FEES | 611600 | $26,293 | $26,293 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,801,996 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,356 | TotalRevenueColumnAmt |
| Exclusion | $42,356 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $72,779 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,870 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $34,773 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,006 | TotalRevenueColumnAmt |
| Exclusion | $38,006 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYEE RETENTION CRE | 900099 | $197,610 | $197,610 |
| MISCELLANEOUS | 900099 | $44,704 | $44,704 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $242,314 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,863,608 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,044,310 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $80,362 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,341 | TotalAmt |
| Program Services | $101,779 | ProgramServicesAmt |
| Management And General | $15,333 | ManagementAndGeneralAmt |
| Fundraising | $2,229 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,488,015 | TotalAmt |
| Program Services | $2,974,711 | ProgramServicesAmt |
| Management And General | $448,134 | ManagementAndGeneralAmt |
| Fundraising | $65,170 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,431 | TotalAmt |
| Management And General | $23,870 | ManagementAndGeneralAmt |
| Fundraising | $1,561 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,111 | TotalAmt |
| Management And General | $8,552 | ManagementAndGeneralAmt |
| Fundraising | $559 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,910 | TotalAmt |
| Management And General | $51,539 | ManagementAndGeneralAmt |
| Fundraising | $3,371 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,267 | TotalAmt |
| Management And General | $2,267 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,679 | TotalAmt |
| Program Services | $63,475 | ProgramServicesAmt |
| Management And General | $18,136 | ManagementAndGeneralAmt |
| Fundraising | $9,068 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,655 | TotalAmt |
| Program Services | $24,304 | ProgramServicesAmt |
| Management And General | $11,994 | ManagementAndGeneralAmt |
| Fundraising | $357 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,040 | TotalAmt |
| Program Services | $25,534 | ProgramServicesAmt |
| Management And General | $4,055 | ManagementAndGeneralAmt |
| Fundraising | $451 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,394 | TotalAmt |
| Program Services | $265,535 | ProgramServicesAmt |
| Management And General | $42,173 | ManagementAndGeneralAmt |
| Fundraising | $4,686 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,447 | TotalAmt |
| Program Services | $153,380 | ProgramServicesAmt |
| Management And General | $24,360 | ManagementAndGeneralAmt |
| Fundraising | $2,707 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,577 | TotalAmt |
| Program Services | $342,190 | ProgramServicesAmt |
| Management And General | $54,348 | ManagementAndGeneralAmt |
| Fundraising | $6,039 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,193 | TotalAmt |
| Program Services | $50,345 | ProgramServicesAmt |
| Management And General | $7,920 | ManagementAndGeneralAmt |
| Fundraising | $928 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EDUCATIONAL EXPENSE | $310,416 | $310,416 | ||
| UTILITIES | $123,249 | $104,762 | $16,639 | $1,848 |
| BAD DEBT EXPENSE | $75,040 | $75,040 | ||
| TELECOM EXPENSE | $33,356 | $28,353 | $4,503 | $500 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,187 | TotalAmt |
| Program Services | $46,269 | ProgramServicesAmt |
| Management And General | $8,308 | ManagementAndGeneralAmt |
| Fundraising | $21,610 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,429,308 | TotalAmt |
| Program Services | $4,566,093 | ProgramServicesAmt |
| Management And General | $742,131 | ManagementAndGeneralAmt |
| Fundraising | $121,084 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,190,412 | BOYAmt |
| EOY | $961,100 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,975 | BOYAmt |
| EOY | $15,128 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,222,495 | BOYAmt |
| EOY | $1,839,100 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,373 | BOYAmt |
| EOY | $82,039 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,254,855 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,118,031 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,504,446 | BOYAmt |
| EOY | $9,136,824 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,336 | BOYAmt |
| EOY | $1,479,325 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,138 | BOYAmt |
| EOY | $164,683 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,302,175 | BOYAmt |
| EOY | $13,678,199 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,730 | BOYAmt |
| EOY | $113,644 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,427,434 | BOYAmt |
| EOY | $3,443,485 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,523,650 | BOYAmt |
| EOY | $4,278,972 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $355,283 | BOYAmt |
| EOY | $349,679 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,379,097 | BOYAmt |
| EOY | $8,185,780 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,333,874 | BOYAmt |
| EOY | $4,333,772 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $589,204 | BOYAmt |
| EOY | $1,158,647 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,923,078 | BOYAmt |
| EOY | $5,492,419 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,302,175 | BOYAmt |
| EOY | $13,678,199 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $434,300 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $135,041 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,708,458 | OtherCostOrOtherBasisAmt |
| Book Value | $2,708,458 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,135,449 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,607,565 | DepreciationAmt |
| Book Value | $3,527,884 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,302,999 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,442,014 | DepreciationAmt |
| Book Value | $2,860,985 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $107,949 | OtherCostOrOtherBasisAmt |
| Depreciation | $68,452 | DepreciationAmt |
| Book Value | $39,497 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,136,824 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TUITION DEPOSITS | $10,250 |
| OTHER ACCRUED LIABILITIES | $339,429 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $349,679 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,031,155 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $135,041 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $34,773 | OtherRevenueAmt |
| Revenue Not Reported | $169,814 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,861,341 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,267 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $2,267 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,863,608 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,461,814 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $34,773 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $34,773 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,427,041 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,267 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $2,267 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,429,308 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORIITES. 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 YEAR ENDED JUNE 30, 2023. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 34,773. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 34,773. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BENEFIT | Event1Nm |
| Gross Receipts Event1 | $65,524 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $2,870 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $62,654 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $15,563 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $9,820 | OtherDirectExpensesEvent1Amt |
| Event2 | 5K | Event2Nm |
| Gross Receipts Event2 | $4,000 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $4,000 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $265 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $3,316 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,125 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $6,125 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $4,052 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $795 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $962 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $75,649 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,870 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $72,779 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $19,880 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $795 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $14,098 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $34,773 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $38,006 | NetIncomeSummaryAmt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | NONEAVAIL | CUSIPNum |
| Bond Issued | 2016-05-17 | BondIssuedDt |
| Issue Price | $7,000,000 | IssuePriceAmt |
| Purpose | ACQUISITION & CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $5,737,854 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $161,124 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $6,853,376 | CapitalExpendituresAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST MIDWEST BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 100.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |