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TCS EDUCATION SYSTEM: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
TCS EDUCATION SYSTEM (EIN 27-0717860)
Tax period
2012-06-01 to 2013-05-31
Filed
2013-12-20
IRS object ID
201303549349300935
Schema version
2012v2.1
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

FieldValueIRS element (for citing)
Timestamp2013-12-20T14:47:37-06:00Timestamp
Tax Period End Date2013-05-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN420714325EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11 S WACKER DRIVE STE 800AddressLine1
CityCHICAGOCity
StateILState
ZIP Code60606ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-06-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN270717860EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1TCS Education SystemBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlTCSENameControl
Phone3123791699Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 North Orleans No 1050AddressLine1
CityChicagoCity
StateILState
ZIP Code60654ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameGlenn RenzulliName
TitleCorporate TreasurerTitle
Phone3123791669Phone
Date Signed2013-12-20DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameWayne HarderName
PTINP00294296PTIN
Phone3126343400Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMichael HorowitzNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1350 N Orleans Ste 1050AddressLine1
CityCHICAGOCity
StateILState
ZIP Code60654ZIPCode
FieldValueIRS element (for citing)
Gross Receipts29669593GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.TCSEdSystem.eduWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2009YearFormation
State Legal DomicileILStateLegalDomicile
Activity Or Mission DescriptionTCS Education System prepares innovative, purposeful agents of change who serve our global community.ActivityOrMissionDescription
Nbr Voting Members Governing Body19NbrVotingMembersGoverningBody
Nbr Independent Voting Members18NbrIndependentVotingMembers
Total Nbr Employees178TotalNbrEmployees
Total Nbr Volunteers18TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year10520ContributionsGrantsPriorYear
Contributions Grants Current Year16650ContributionsGrantsCurrentYear
Program Service Revenue Prior Year35020064ProgramServiceRevenuePriorYear
Program Service Revenue CY29650300ProgramServiceRevenueCY
Investment Income Prior Year-15993InvestmentIncomePriorYear
Investment Income Current Year2643InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year35014591TotalRevenuePriorYear
Total Revenue Current Year29669593TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year11625GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year14206779SalariesEtcPriorYear
Salaries Etc Current Year15380552SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year13126896OtherExpensePriorYear
Other Expenses Current Year12875965OtherExpensesCurrentYear
Total Expenses Prior Year27345300TotalExpensesPriorYear
Total Expenses Current Year28256517TotalExpensesCurrentYear
Revenues Less Expenses Prior Year7669291RevenuesLessExpensesPriorYear
Revenues Less Expenses CY1413076RevenuesLessExpensesCY
Total Assets BOY31024373TotalAssetsBOY
Total Assets EOY31297319TotalAssetsEOY
Total Liabilities BOY8707490TotalLiabilitiesBOY
Total Liabilities EOY7564781TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY22316883NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY23732538NetAssetsOrFundBalancesEOY
Mission DescriptionTCS Education System prepares and engages innovative, purposeful agents of change who serve our global community.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense14205497Expense
Revenue29650300Revenue
DescriptionTCS Education System provides administration and support services to affiliated 501(c)(3) educational institutions. Supporting functions include human resources, finance, accounting, information technology, administration, marketing, student services, facilities, and student accounts.Description
Total Program Service Expense14205497TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets1ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Transaction Related Entity1TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109628NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees178NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members19NbrVotingGoverningBodyMembers
Number Independent Voting Members18NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledILStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1Glenn RenzulliBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3124486047TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1350 North Orleans Suite 1050AddressLine1
CityChicagoCity
StateILState
ZIP Code60654ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (26 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
Ricardo Grunsten
Board Chair4.000.00X000
Edward Bergmark
Vice Chair4.0010.00X000
Richard Chaifetz
Trustee4.0010.00X000
Dean Chung
Trustee2.002.00X000
Allen Cizner
Trustee4.000.00X000
Steven Cohen
Trustee2.000.00X000
Dorothy Farris
Trustee4.002.00X000
Bruce Fox left 042013
Trustee2.004.00X000
Linda Havard
Vice Chair2.0010.00X000
William Houston
Trustee2.000.00X000
Kevin Kotecki
Trustee2.000.00X000
Terrence Layng
Trustee2.006.00X000
George Mitchell
Trustee2.0010.00X000
Steven Nakisher
Trustee2.000.00X000
Douglas Patinkin
Trustee2.000.00X000
Mary Pattiz
Trustee2.006.00X000
Matthew Sauer
Trustee4.000.00X000
Mary Tudela
Trustee4.006.00X000
Michael Horowitz
Trustee/Corporate President28.0012.00X9308220204712X
Jennifer DeMay
Corporate Secretary28.0012.00207679028971X
LaKeisha Marsh
Asst. Corporate Secretary28.0012.00127364014186X
Shari Mikos
Asst. Corporate Secretary28.0012.0098553012818X
Glenn Renzulli
Corporate Treasurer28.0012.00234250014733X
Patricia Breen
Chief Academic Officer40.000.00283896041035X
Mark Griesbaum
SVP, Business Operations40.000.00292004034512X
Robyn Palmersheim
VP Admissions40.000.00197429028114X
FieldValueIRS element (for citing)
Total Reportable Comp From Org2371997TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation379081TotalOtherCompensation
Number Individuals GT100 K7NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
Marketing Support Inc
200 E Randolph Drive Ste 5000ChicagoIL60601Marketing482199
EBSCO Subscription Service
PO Box 830625BirminghamAL35283Information Services389909
Ernst & Young US LLP
155 N Wacker Ste 2000ChicagoIL60606Accounting/Consulting280836
SWC Technology Partners Inc
Dept 4436Carol StreamIL601224436Consulting251920
FieldValueIRS element (for citing)
Number Of Contractors GT100 K24NumberOfContractorsGT100K
All Other Contributions16650AllOtherContributions
Total Contributions16650TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Management Fees6113102956155129561551
Fees611310250250

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column88499TotalRevenueColumn
Related Or Exempt Function Income88499RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue29650300TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2643TotalRevenueColumn
Exclusion$2,643ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column29669593TotalRevenueColumn
Related Or Exempt Function Income29650300RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$2,643ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total2088101Total
Management And General2088101ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total10211400Total
Program Services4948407ProgramServices
Management And General5262993ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total904293Total
Program Services296208ProgramServices
Management And General608085ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total1202358Total
Program Services438677ProgramServices
Management And General763681ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total974400Total
Program Services456061ProgramServices
Management And General518339ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total596217Total
Program Services83961ProgramServices
Management And General512256ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total450946Total
Program Services4715ProgramServices
Management And General446231ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total298174Total
Management And General298174ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total161899Total
Program Services20332ProgramServices
Management And General141567ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total4726893Total
Program Services4714360ProgramServices
Management And General12533ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total756409Total
Program Services139732ProgramServices
Management And General616677ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total1456304Total
Program Services-5484ProgramServices
Management And General1461788ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total1687019Total
Program Services1048511ProgramServices
Management And General638508ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total365490Total
Program Services100942ProgramServices
Management And General264548ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total164764Total
Program Services36438ProgramServices
Management And General128326ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total180407Total
Program Services47ProgramServices
Management And General180360ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total1875817Total
Program Services1875817ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total30333Total
Management And General30333ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
Dues/Subscriptions77743989967844
Student Services28213224625751

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total19337Total
Program Services14412ProgramServices
Management And General4925ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total28256517Total
Program Services14205497ProgramServices
Management And General14051020ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY54568BOY
EOY4038791EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY112610BOY
EOY40257EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY756650BOY
EOY936659EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis8262028LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec5917135LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY3089899BOY
EOY2344893EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY27010646BOY
EOY23936719EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY31024373BOY
EOY31297319EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY4401438BOY
EOY4029658EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY2877600BOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1428452BOY
EOY3535123EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY8707490BOY
EOY7564781EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-517597BOY
EOY898058EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY22834480BOY
EOY22834480EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY22316883BOY
EOY23732538EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY31024373BOY
EOY31297319EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses1413076ReconcilationRevenueExpenses
Reconciliation Unrealized Invest2579ReconciliationUnrealizedInvest
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement ConsolidatedXFinancialStatementConsolidated
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type2XSupportingOrg509a3Type2
Certification CheckboxXCertificationCheckbox
Written IRS DeterminationXWrittenIRSDetermination
Contrib By Controlling Individual0ContribByControllingIndividual
Contribution By Related Party0ContributionByRelatedParty
Contrib By35 Controlled Entity0ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation (3 entries)

EINEINType Of OrganizationTypeOfOrganizationListed In Governing DocListedInGoverningDocAmountAmount
The Chicago School Of Professional Psychology
36300552721$0
Pacific Oaks Education Corporation
95171680921$0
Santa Barbara and Ventura Colleges of Law
95259246821$0
FieldValueIRS element (for citing)
Total Number Of Supported Orgs3TotalNumberOfSupportedOrgs
Sum Of Amounts0SumOfAmounts
General ExplanationSchedule A, Part IV, Supplemental Information: TCS Education System was established to provide administrative and management services to its supported organizations. TCS Education System provides said support to Pacific Oaks Education Corporation, Santa Barbara and Ventura Colleges of Law, and The Chicago School of Professional Psychology and all of its campuses. As of May 31, 2013, The Chicago School - California, Inc was the sole member of each of its campuses, made up of The Chicago School of Professional Psychology, The Chicago School-Washington, DC, Inc. and The Chicago School of Profesional Psychology Counseling Centers.GeneralExplanation

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance12440314BeginningOfYearBalance
Contributions6001215Contributions
Investment Earnings Or Losses2287611InvestmentEarningsOrLosses
Other Expenditures254383OtherExpenditures
End Of Year Balance20474757EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance12140319BeginningOfYearBalance
Contributions1462993Contributions
Investment Earnings Or Losses-543833InvestmentEarningsOrLosses
Grants Or Scholarships134548GrantsOrScholarships
Other Expenditures475978OtherExpenditures
Administrative Expenses8639AdministrativeExpenses
End Of Year Balance12440314EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance12188743BeginningOfYearBalance
Contributions2148963Contributions
Investment Earnings Or Losses1618403InvestmentEarningsOrLosses
Grants Or Scholarships3156114GrantsOrScholarships
Other Expenditures659616OtherExpenditures
End Of Year Balance12140379EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance11429138BeginningOfYearBalance
Contributions3500Contributions
Investment Earnings Or Losses1066282InvestmentEarningsOrLosses
Grants Or Scholarships310177GrantsOrScholarships
End Of Year Balance12188743EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance12862494BeginningOfYearBalance
Contributions1074049Contributions
Investment Earnings Or Losses-2147699InvestmentEarningsOrLosses
Grants Or Scholarships359706GrantsOrScholarships
End Of Year Balance11429138EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.89720BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.07700PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.02580TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs1EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R1AreRelatedOrgsListedScheduleR

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis829585OtherCostOrOtherBasis
Depreciation397795Depreciation
Book Value431790BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis3190227OtherCostOrOtherBasis
Depreciation2754316Depreciation
Book Value435911BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis4242216OtherCostOrOtherBasis
Depreciation2765024Depreciation
Book Value1477192BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings2344893TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescriptionBook ValueBookValue
Due From Affiliates317597
Net Assets of Affiliates23619122
FieldValueIRS element (for citing)
Total Book Value Other Assets23936719TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescriptionAmountAmount
Other Liabilities$52,500
Deferred Rent$614,008
Loan From Affiliates$2,075,355
Due to Affiliates$8,614
Retirement Plan Liabilities$784,646
FieldValueIRS element (for citing)
Total Of Amounts3535123TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Description of Intended Use of Endowment Funds:Part V, Line 4:The endowment funds of TCS Education System are maintained at the Pacific Oaks Education Corporation, TCS California, Inc. by way of The Chicago School of Professional Psychology and at Santa Barbara & Ventura Colleges of Law. Such endowment funds are maintained to provide a predictable stream of funding to programs within TCS Education System.
Description of Uncertain Tax Positions Under FIN 48:Part X, Line 2:The System has received notification that it qualifies as a tax-exempt organization under Section 501(c)(3) of the US Internal Revenue Code and corresponding provisions of state law and, accordingly, is not subject to federal or state income taxes. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the System may recognize the tax benefit from an uncertain 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 System and various positions related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities during the year ended May 31, 2013. The System annually files Form 990 in the US federal jurisdiction and in the State of Illinois. The System's Form 990 for fiscal 2010 and subsequent years are subject to examination by the Internal Revenue Service. The Affiliates annually file Form 990s in the US federal jurisdiction and in their respective state or district.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpenditures
East Asia and the Pacific01Program ServicesConsulting/Study Abroad Liaison6800
Europe02Program ServicesConsulting/Study Abroad Liaison3268
South America02Program ServicesConsulting/Study Abroad Liaison59609
Sub-Saharan Africa01Program ServicesConsulting/Study Abroad Liaison6400
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees6SubtotalNumberOfEmployees
Cont Number Of Offices0ContNumberOfOffices
Cont Number Of Employees0ContNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees6TotalNumberOfEmployees
Subtotal Amount Spent76077SubtotalAmountSpent
Cont Amount Spent0ContAmountSpent
Total Amount Spent76077TotalAmountSpent
Transfer To Foreign Corp0TransferToForeignCorp
Interest In Foreign Trust0InterestInForeignTrust
Own Foreign Corp0OwnForeignCorp
Passive Foreign Invest Co0PassiveForeignInvestCo
Foreign Partnership0ForeignPartnership
Boycott Countries0BoycottCountries

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsXTravelForCompanions
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Club Dues Or FeesXClubDuesOrFees
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan1SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Michael Horowitz
Trustee/Corporate President5468920366938016992018360902110301135534000
Jennifer DeMay
Corporate Secretary180679027000000151900137810236650000
Glenn Renzulli
Corporate Treasurer2050000292500001429804350248983000
Patricia Breen
Chief Academic Officer2106540562500169920199330211020324931000
Mark Griesbaum
SVP, Business Operations224504067500000208920136200326516000
Robyn Palmersheim
VP Admissions171179026250000143320137820225543000

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

Return ReferenceReturnReferenceExplanationExplanation
Part I, Line 1aTCS Education provides certain benefits, including travel for companions, housing allowance and dues to a corporate officer.
Part I, Line 4bTCS Education System employees participate in supplemental retirement plans through the related entity, The Chicago School of Professional Psychology. Dr. Michael Horowitz is vested in a 457(f) plan, for which the calendar year 2012 contributions from TCS Education System totaled $131,109.
Part I, Line 7During the 2012 calendar year, TCS Education System provided health club dues of $2,100 and a housing allowance of $36,000 to Dr. Michael Horowitz.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1Marketing Support IncBusinessNameLine1
FieldValueIRS element (for citing)
RelationshipSee Supplemental InfoRelationship
Amount Of Transaction482199AmountOfTransaction
Description Of TransactionAdvertising/MarketingDescriptionOfTransaction
Sharing Of Revenues0SharingOfRevenues

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
IdentifierSchedule L, Part IVIdentifier
Return ReferenceBusiness Transactions With Interested PersonReturnReference
ExplanationDuring the fiscal year ended May 31, 2013, the Organization conducted an RFP process for marketing services including but not limited to account management, marketing strategy, research, creative development, production and media buying services. Marketing Support, Inc.'s (MSI) proposal offered continuity of agency services at below market or fair value to TCS ES. The Organization paid MSI $441,625 for the aforementioned services and reimbursed MSI $40,574 for payments made directly to media outlets not owned by MSI. TCS ES Board Chair, Ricardo Grunsten, served as the Chairman of Marketing Support, Inc. during the fiscal year ended May 31, 2013.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Section B, line 11The Form 990 is prepared by an independent accounting firm McGladrey, LLP along with the advice of the management and attorneys of the organization. The Form 990 is posted to a secure web portal, allowing members to review and offer commentary prior to the filing of the Form 990.
Form 990, Part VI, Section B, line 12cAn interested person must annually disclose the existence of the facts and circumstances of any conflict of interest to the Board members and members of Board comittees with respect to any action or proposed action that gives rise to the conflict of interest pending review and resolution by the Board or the Governance Committee, the Interested person shall be excluded from any deliberations or action concerning the matter that gives rise to the conflict of interest. Each Board Member, corporate officer and board committee members shall annually sign a statement that such person a)has received a copy or the conflict-of-interest policy, b)has read and understands the policy, c)has agreed to comply with the policy,and d)understands that the Corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax exempt purposes. The Company is in the process or expanding this review to key employees, in addition to those interested persons already noted above.
Form 990, Part VI, Section B, line 15TCS Education System has established an Executive Committee who reviews and approves the compensation of all executives of the Corporation to determine that it is just and reasonable. The Executive Committee shall conduct or cause to be conducted an analysis of the compensation to be paid to the executive as compared to other executives in similar positions with similar organizations. The Executive Committee engages an outside independent compensation consultant to benchmark the salaries and benefits of the administrative personnel of TCS executive salaries are reviewed and approved by the Board's Executive Committee with the assistance of a benefits consulting firm (Hewitt Associates) that provides recommendations based on comparative data with other organizations. The Board documents the basis of all compensation determinations in the records of the Board.
Form 990, Part VI, Section C, line 19Financial information as well as governance documents, which include the conflict of interest policy are not made available to the public.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1TCS GlobalBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1350 North Orleans St Suite 1050AddressLine1
CityChicagoCity
StateILState
ZIP Code60654ZIPCode
FieldValueIRS element (for citing)
EIN800308608EIN
Primary ActivitiesEducationPrimaryActivities
Legal Domicile StateDELegalDomicileState
Total Income97872TotalIncome
EOY Assets1960EOYAssets

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TCS ESBusinessNameLine1

Form990 Schedule R Part II Form990ScheduleRPartII (7 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrgControlledOrg
The Chicago School of Professional Psychology
325 North WellsChicagoIL60654363005527EducationIL501(c)(3)Line 2TCS CA1
TCSPP Counseling Centers
1145 Gayley AvenueLos AngelesCA90024952556403EducationCA501(c)(3)Line 2TCS CA1
The Chicago School Washington DC
901 15th Street NWWashingtonDC20005800477644EducationDC501(c)(3)Line 2TCS CA1
The Chicago School - California Inc
617 West 7th StLos AngelesCA90017900394713EducationCA501(c)(3)Line 2TCS ES1
TCS Community Education Inc
325 North WellsChicagoIL60654300517884Charter SchoolIL501(c)(3)Line 2TCS ES1
Pacific Oaks Education Corporation
55 Eureka StPasadenaCA91103951716809EducationCA501(c)(3)Line 2TCS ES1
Santa Barbara & Ventura Colleges of Law
4475 Market StVenturaCA93003952592468EducationCA501(c)(3)Line 2TCS ES1
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org1LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org1ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org1OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (20 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolvedMethod Of Amt DeterminationMethodOfAmtDetermination
The Chicago School of Professional Psychology Counseling Centers
P163297Actual
The Chicago School of Professional Psychology Counseling Centers
Q107313Actual
TCS California Inc
P4203757Actual
TCS California Inc
Q7866477Actual
TCS California Inc
S3280460Actual
Pacific Oaks Education Corporation
P2303796Actual
Pacific Oaks Education Corporation
Q8896569Actual
Pacific Oaks Education Corporation
S6878838Actual
Santa Barbara & Ventura Colleges of Law
P366811Actual
Santa Barbara & Ventura Colleges of Law
Q705513Actual
Santa Barbara & Ventura Colleges of Law
R86206Actual
Santa Barbara & Ventura Colleges of Law
S562678Actual
The Chicago School Washington DC
P1294694Actual
The Chicago School Washington DC
Q2572825Actual
The Chicago School Washington DC
S973368Actual
The Chicago School of Professional Psychology
E2075355Actual
The Chicago School of Professional Psychology
P13266975Actual
The Chicago School of Professional Psychology
Q24503994Actual
The Chicago School of Professional Psychology
R3611185Actual
The Chicago School of Professional Psychology
S13787705Actual