2013-12-20T14:47:37-06:00 2013-05-31 420714325 MCGLADREY LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2012-06-01 270717860 TCS Education System TCSE 3123791699 350 North Orleans No 1050 Chicago IL 60654 Glenn Renzulli 3123791669 2013-12-20 1 Wayne Harder P00294296 3126343400 2012 2015-11-30 17:44:51Z Michael Horowitz 350 N Orleans Ste 1050 CHICAGO IL 60654 29669593 0 X www.TCSEdSystem.edu X 2009 IL TCS Education System prepares innovative, purposeful agents of change who serve our global community. 19 18 178 18 0 0 10520 16650 35020064 29650300 -15993 2643 0 0 35014591 29669593 11625 0 0 0 14206779 15380552 0 0 0 13126896 12875965 27345300 28256517 7669291 1413076 31024373 31297319 8707490 7564781 22316883 23732538 TCS Education System prepares and engages innovative, purposeful agents of change who serve our global community. 0 0 14205497 29650300 TCS 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. 14205497 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 28 0 1 178 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 IL X Glenn Renzulli 3124486047 350 North Orleans Suite 1050 Chicago IL 60654 Ricardo Grunsten 4.00 0.00 X 0 0 0 Edward Bergmark 4.00 10.00 X 0 0 0 Richard Chaifetz 4.00 10.00 X 0 0 0 Dean Chung 2.00 2.00 X 0 0 0 Allen Cizner 4.00 0.00 X 0 0 0 Steven Cohen 2.00 0.00 X 0 0 0 Dorothy Farris 4.00 2.00 X 0 0 0 Bruce Fox left 042013 2.00 4.00 X 0 0 0 Linda Havard 2.00 10.00 X 0 0 0 William Houston 2.00 0.00 X 0 0 0 Kevin Kotecki 2.00 0.00 X 0 0 0 Terrence Layng 2.00 6.00 X 0 0 0 George Mitchell 2.00 10.00 X 0 0 0 Steven Nakisher 2.00 0.00 X 0 0 0 Douglas Patinkin 2.00 0.00 X 0 0 0 Mary Pattiz 2.00 6.00 X 0 0 0 Matthew Sauer 4.00 0.00 X 0 0 0 Mary Tudela 4.00 6.00 X 0 0 0 Michael Horowitz 28.00 12.00 X X 930822 0 204712 Jennifer DeMay 28.00 12.00 X 207679 0 28971 LaKeisha Marsh 28.00 12.00 X 127364 0 14186 Shari Mikos 28.00 12.00 X 98553 0 12818 Glenn Renzulli 28.00 12.00 X 234250 0 14733 Patricia Breen 40.00 0.00 X 283896 0 41035 Mark Griesbaum 40.00 0.00 X 292004 0 34512 Robyn Palmersheim 40.00 0.00 X 197429 0 28114 2371997 0 379081 7 0 1 0 Marketing Support Inc 200 E Randolph Drive Ste 5000 Chicago IL 60601 Marketing 482199 EBSCO Subscription Service PO Box 830625 Birmingham AL 35283 Information Services 389909 Ernst & Young US LLP 155 N Wacker Ste 2000 Chicago IL 60606 Accounting/Consulting 280836 SWC Technology Partners Inc Dept 4436 Carol Stream IL 601224436 Consulting 251920 24 16650 16650 Management Fees 611310 29561551 29561551 Fees 611310 250 250 88499 88499 29650300 2643 2643 29669593 29650300 0 2643 2088101 2088101 10211400 4948407 5262993 904293 296208 608085 1202358 438677 763681 974400 456061 518339 596217 83961 512256 450946 4715 446231 298174 298174 161899 20332 141567 4726893 4714360 12533 756409 139732 616677 1456304 -5484 1461788 1687019 1048511 638508 365490 100942 264548 164764 36438 128326 180407 47 180360 1875817 1875817 30333 30333 Dues/Subscriptions 77743 9899 67844 Student Services 28213 22462 5751 19337 14412 4925 28256517 14205497 14051020 0 54568 4038791 112610 40257 756650 936659 8262028 5917135 3089899 2344893 27010646 23936719 31024373 31297319 4401438 4029658 2877600 1428452 3535123 8707490 7564781 X -517597 898058 22834480 22834480 22316883 23732538 31024373 31297319 1413076 2579 0 X 0 1 X 1 0 X X X X 0 0 0 The Chicago School Of Professional Psychology 363005527 2 1 0 Pacific Oaks Education Corporation 951716809 2 1 0 Santa Barbara and Ventura Colleges of Law 952592468 2 1 0 3 0 Schedule 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. 12440314 6001215 2287611 254383 20474757 12140319 1462993 -543833 134548 475978 8639 12440314 12188743 2148963 1618403 3156114 659616 12140379 11429138 3500 1066282 310177 12188743 12862494 1074049 -2147699 359706 11429138 0.89720 0.07700 0.02580 0 1 1 829585 397795 431790 3190227 2754316 435911 4242216 2765024 1477192 2344893 Due From Affiliates 317597 Net Assets of Affiliates 23619122 23936719 Other Liabilities 52500 Deferred Rent 614008 Loan From Affiliates 2075355 Due to Affiliates 8614 Retirement Plan Liabilities 784646 3535123 X 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. East Asia and the Pacific 0 1 Program Services Consulting/Study Abroad Liaison 6800 Europe 0 2 Program Services Consulting/Study Abroad Liaison 3268 South America 0 2 Program Services Consulting/Study Abroad Liaison 59609 Sub-Saharan Africa 0 1 Program Services Consulting/Study Abroad Liaison 6400 0 6 0 0 0 6 76077 0 76077 0 0 0 0 0 0 X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Michael Horowitz 546892 0 366938 0 16992 0 183609 0 21103 0 1135534 0 0 0 Jennifer DeMay 180679 0 27000 0 0 0 15190 0 13781 0 236650 0 0 0 Glenn Renzulli 205000 0 29250 0 0 0 14298 0 435 0 248983 0 0 0 Patricia Breen 210654 0 56250 0 16992 0 19933 0 21102 0 324931 0 0 0 Mark Griesbaum 224504 0 67500 0 0 0 20892 0 13620 0 326516 0 0 0 Robyn Palmersheim 171179 0 26250 0 0 0 14332 0 13782 0 225543 0 0 0 Part I, Line 1a TCS Education provides certain benefits, including travel for companions, housing allowance and dues to a corporate officer. Part I, Line 4b TCS 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 7 During 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. Marketing Support Inc See Supplemental Info 482199 Advertising/Marketing 0 Schedule L, Part IV Business Transactions With Interested Person During 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. Form 990, Part VI, Section B, line 11 The 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 12c An 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 15 TCS 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 19 Financial information as well as governance documents, which include the conflict of interest policy are not made available to the public. TCS Global 350 North Orleans St Suite 1050 Chicago IL 60654 800308608 Education DE 97872 1960 TCS ES The Chicago School of Professional Psychology 325 North Wells Chicago IL 60654 363005527 Education IL 501(c)(3) Line 2 TCS CA 1 TCSPP Counseling Centers 1145 Gayley Avenue Los Angeles CA 90024 952556403 Education CA 501(c)(3) Line 2 TCS CA 1 The Chicago School Washington DC 901 15th Street NW Washington DC 20005 800477644 Education DC 501(c)(3) Line 2 TCS CA 1 The Chicago School - California Inc 617 West 7th St Los Angeles CA 90017 900394713 Education CA 501(c)(3) Line 2 TCS ES 1 TCS Community Education Inc 325 North Wells Chicago IL 60654 300517884 Charter School IL 501(c)(3) Line 2 TCS ES 1 Pacific Oaks Education Corporation 55 Eureka St Pasadena CA 91103 951716809 Education CA 501(c)(3) Line 2 TCS ES 1 Santa Barbara & Ventura Colleges of Law 4475 Market St Ventura CA 93003 952592468 Education CA 501(c)(3) Line 2 TCS ES 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 The Chicago School of Professional Psychology Counseling Centers P 163297 Actual The Chicago School of Professional Psychology Counseling Centers Q 107313 Actual TCS California Inc P 4203757 Actual TCS California Inc Q 7866477 Actual TCS California Inc S 3280460 Actual Pacific Oaks Education Corporation P 2303796 Actual Pacific Oaks Education Corporation Q 8896569 Actual Pacific Oaks Education Corporation S 6878838 Actual Santa Barbara & Ventura Colleges of Law P 366811 Actual Santa Barbara & Ventura Colleges of Law Q 705513 Actual Santa Barbara & Ventura Colleges of Law R 86206 Actual Santa Barbara & Ventura Colleges of Law S 562678 Actual The Chicago School Washington DC P 1294694 Actual The Chicago School Washington DC Q 2572825 Actual The Chicago School Washington DC S 973368 Actual The Chicago School of Professional Psychology E 2075355 Actual The Chicago School of Professional Psychology P 13266975 Actual The Chicago School of Professional Psychology Q 24503994 Actual The Chicago School of Professional Psychology R 3611185 Actual The Chicago School of Professional Psychology S 13787705 Actual