2018-11-28T16:04:26-05:00 2018-06-30 PHILLIPS SALMI ASSOCIATES LLC 112 S MAIN ST WASHINGTON IL 61571 990 2017-07-01 364346113 PEORIA ACADEMY INC PEOR 2711 W WILLOW KNOLLS DR PEORIA IL 61614 MIKE VACHOW HEAD OF SCHOOL 3096927570 2018-11-27 true LORI SALMI P00712052 3094444909 2018-11-28 75.146.107.177 2018-11-28 16:09:23 3725902018332hlyhith 2018-11-28 P D2CD17AD0A31CA299F454B5E374D67903517192D D2CD17AD0A31CA299F454B5E374D67903517192D 2017 2019-02-21 02:37:17Z 2030160 false X WWW.PEORIAACADEMY.ORG X 2000 IL PEORIA ACADEMY IS A DIVERSE COMMUNITY OF STUDENTS, PARENTS, AND EDUCATORS WORKING TOGETHER TO PROVIDE A RIGOROUS EDUCATIONAL EXPERIENCE. USING PROGRESSIVE TECHNIQUES THAT NURTURE THE WHOLE CHILD, OUR INDEPENDENT SCHOOL FOSTERS INTRINSIC MOTIVATION, RESILIENCE, AND CREATIVITY. 20 20 61 0 0 151587 281760 1773784 1636179 89 56 94239 84968 2019699 2002963 0 0 1550511 1473455 0 3729 687783 658590 2238294 2132045 -218595 -129082 4472599 4301026 1422326 1379835 3050273 2921191 PEORIA ACADEMY IS A DIVERSE COMMUNITY OF STUDENTS, PARENTS, AND EDUCATORS WORKING TOGETHER TO PROVIDE A RIGOROUS EDUCATIONAL EXPERIENCE. USING PROGRESSIVE TECHNIQUES THAT NURTURE THE WHOLE CHILD, OUR INDEPENDENT SCHOOL FOSTERS INTRINSIC MOTIVATION, RESILIENCE, AND CREATIVITY. false false 1430150 TO PROVIDE EDUCATION TO CHILDREN. 1430150 true true false false false false false false false false true false false false false true true false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false true 5 0 true 61 true false false false false false true true false false false false false false X 20 20 false false false false false false false true true false false true true true true false false true true false IL X MIKE VACHOW 3096927570 2711 W WILLOW KNOLLS DR PEORIA IL 61614 X AARON CLARK TRUSTEE 2.00 0.00 X 0 0 0 APARNA BAMAN TRUSTEE 2.00 0.00 X 0 0 0 DEAN CANTU VICE PRESIDENT 2.00 0.00 X X 0 0 0 KATE LARKINS PRESIDENT 20.00 0.00 X X 0 0 0 BABU MADHAVAN TRUSTEE 2.00 0.00 X 0 0 0 BETH JENSEN TRUSTEE 2.00 0.00 X 0 0 0 BETH WITHERS TREASURER 2.00 0.00 X X 0 0 0 BRIAN RUSSELL TRUSTEE 2.00 0.00 X 0 0 0 SARAH STEWART DE RAMIREZ TRUSTEE 2.00 0.00 X 0 0 0 VINCENT BOYLE TRUSTEE 2.00 0.00 X 0 0 0 GRETCHEN PETRAKIS TRUSTEE 2.00 0.00 X 0 0 0 HEATHER MCCORD SECRETARY 2.00 0.00 X X 0 0 0 JENNIFER ESSIG TRUSTEE 2.00 0.00 X 0 0 0 MEENAKSHY AIYER TRUSTEE 2.00 0.00 X 0 0 0 LEONARD STEWART TRUSTEE 2.00 0.00 X 0 0 0 KRISTIN JOHNSON TRUSTEE 2.00 0.00 X 0 0 0 LES COHEN TRUSTEE 2.00 0.00 X 0 0 0 MARK GUZZARDO TRUSTEE 2.00 0.00 X 0 0 0 MARYAM REED TRUSTEE 2.00 0.00 X 0 0 0 TWILA LUKOWIAK TRUSTEE 2.00 0.00 X 0 0 0 MIKE VACHOW HEAD OF SCHOOL 40.00 0.00 X 0 0 0 CHERYL MURZYN FORMER HEAD OF SCHOOL 40.00 0.00 X 100000 0 3001 ADAM SANSALE FORMER HEAD OF SCHOOL 40.00 0.00 X 0 0 0 100000 0 3001 0 false false false 47750 234010 281760 TUITION 611710 1238808 1238808 INSCRIPTION FEES 611710 97800 97800 PARTICIPATION FEES 611710 135964 135964 SUMMER SESSIONS 611710 36149 36149 OTHER FEES 611710 122770 122770 4688 4688 1636179 56 56 104772 47750 27197 77575 77575 MISCELLANEOUS 611710 7393 7393 7393 2002963 1643572 0 77631 1234029 954331 279698 11444 6330 5114 126989 99131 27858 100993 77274 23719 11013 11013 7719 7719 74341 17748 56593 15757 15657 100 26145 4172 21973 96528 96528 1174 1025 149 45318 45318 208385 197232 11153 13091 13091 SUPPLIES 38642 24545 14050 47 FIELD TRIPS 10143 10143 FOOD 37468 37468 MAINTENANCE 36798 36798 36068 751 31735 3582 2132045 1430150 698166 3729 58923 25457 239030 307298 17768 5167 51658 65074 22425 19623 7062608 3184201 4082795 3878407 4472599 4301026 215988 210001 564962 569190 641376 600644 1422326 1379835 X 3050273 2915791 5400 3050273 2921191 4472599 4301026 -129082 0 X false true X true false X 350000 350000 5716443 2411353 3305090 336669 168557 168112 659496 604291 55205 3878407 X 2002963 2002963 2002963 2132045 2132045 2132045 Footnote for uncertain tax position under FIN 48 (Part X) THE ACADEMY IS ORGANIZED AS AN ILLINOIS NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, IT IS SUBJECT TO INCOME TAX ON ANY UNRELATED BUSINESS INCOME IT RECEIVES. THE ORGANIZATION FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO NONPROFIT ORGANIZATIONS INCLUDE SUCH MATTERS AS THE FOLLOWING: THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFIT OF TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESS, IF ANY. FORMS 990 FILED BY THE ACADEMY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN FORMS 990 FILED BY THE ORGANIZATION ARE NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS 2014 AND PRIOR. true true true true true true true false false false false false false false false false false true AUCTION 137415 47750 89665 23562 VARIOUS 15107 15107 3635 152522 47750 104772 27197 27197 77575 Form 990 governing body review Part VI line 11 THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR APPROVAL AND THEN PASSED ALONG TO THE BOARD FOR ITS REVIEW. Conflict of interest policy compliance Part VI line 12c BOARD MEMBERS ARE REQUIRED TO DIVULGE ANY CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS WHO HAVE A VESTED INTEREST ARE NOT ALLOWED TO VOTE. CEO executive director top management comp Part VI line 15a THE BOARD OF TRUSTEES REVIEWS COMPARABILITY DATA WITH NATIONAL INDEPENDENT SCHOOL ORGANIZATIONS AND THEN APPROVES THE SALARY FOR THE TOP EXECUTIVE. Other officer or key employee compensation Part VI line 15b KEY EMPLOYEES ARE PAID BASED ON THE HEAD OF SCHOOLS DISCRETION. Governing documents etc available to public Part VI line 19 AVAILABLE UPON REQUEST.