BAKER DEMONSTRATION SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BAKER DEMONSTRATION SCHOOL INC (EIN 20-1770644)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-01-22
- IRS object ID
- 201310229349300581
- Schema version
- 2011v1.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-22T16:44:21-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341945695 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SS&G INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1665 ELK BOULEVARD | AddressLine1 |
| City | DES PLAINES | City |
| State | IL | State |
| ZIP Code | 600164776 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201770644 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER DEMONSTRATION SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BAKE | NameControl |
| Phone | 8474255800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SHERIDAN RD | AddressLine1 |
| City | WILMETTE | City |
| State | IL | State |
| ZIP Code | 60091 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAN SCHWARTZ | Name |
| Title | HEAD OF SCHOOL | Title |
| Phone | 8474255800 | Phone |
| Date Signed | 2013-01-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DIRK AHLBECK | Name |
| PTIN | P00237637 | PTIN |
| Phone | 8478244000 | Phone |
| Date Prepared | 2013-01-16 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DANIEL SCHWARTZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SHERIDAN RD | AddressLine1 |
| City | WILMETTE | City |
| State | IL | State |
| ZIP Code | 60091 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6608261 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BAKERDEMSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2004 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE AN EXEMPLARY PRESCHOOL, ELEMENTARY AND MIDDLE SCHOOL EDUCATION. SEE PART III. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 120 | TotalNbrEmployees |
| Total Nbr Volunteers | 175 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 927114 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1335118 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4752106 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5232232 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1056 | InvestmentIncomePriorYear |
| Investment Income Current Year | 461 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6528 | OtherRevenuePriorYear |
| Other Revenue Current Year | 4526 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5684692 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6572337 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 881369 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 994478 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3094327 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3302019 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 104266 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1680104 | OtherExpensePriorYear |
| Other Expenses Current Year | 1921882 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5655800 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6218379 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 28892 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 353958 | RevenuesLessExpensesCY |
| Total Assets BOY | 11891428 | TotalAssetsBOY |
| Total Assets EOY | 12592285 | TotalAssetsEOY |
| Total Liabilities BOY | 10582068 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10928967 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1309360 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1663318 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE AN EXEMPLARY PRESCHOOL, ELEMENTARY AND MIDDLE SCHOOL EDUCATION BY PROVIDING AN INCLUSIVE, CREATIVE COMMUNITY THAT ENCOURAGES INDIVIDUAL RISK-TAKING AND VALUES DIFFERENT WAYS OF LEARNING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5217592 | Expense |
| Grants | 994478 | Grants |
| Revenue | 5232232 | Revenue |
| Description | DAY AND SUMMER ELEMENTARY EDUCATION THROUGH A RESEARCH-BASED CURRICULUM THAT PROMOTES ACADEMIC EXCELLENCE. THERE WERE APPROXIMATELY 342 STUDENTS DURING THE SCHOOL YEAR AND 277 DURING SUMMER SCHOOL. | Description |
| Total Program Service Expense | 5217592 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 18 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 120 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARY GRAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8474255817 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 SHERIDAN ROAD | AddressLine1 |
| City | WILMETTE | City |
| State | IL | State |
| ZIP Code | 60091 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MARK TERMOLEN | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| GEORGE GAINES | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| DAVE BAKER | ||||||
| TREASURER/DIRECTOR | 3.00 | X | 0 | 0 | 0 | X |
| ANN BATKO | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| MIKE DALY | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| DAVID LIVELY | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| TEJU DESHPANDE | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| LETITIA MANN | ||||||
| PRESIDENT/DIRECTOR | 3.00 | X | 0 | 0 | 0 | X |
| DUSTIN VINCENT | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| CAROLYN RAUH | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| KELLY KURSCHNER | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| JAY BEHEL | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| STACEY EMPSON | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| BRIAN HECKLER | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| VIVIEN HANSON | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| ELENA ZANUSSI | ||||||
| SECRETARY/DIRECTOR | 3.00 | X | 0 | 0 | 0 | X |
| HILDE KAISER | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| RALPH WALSH | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| PETER CARLSON | ||||||
| DIRECTOR OF FINANCE & OPERATIONS | 40.00 | 103302 | 0 | 392 | X | |
| DANIEL SCHWARTZ | ||||||
| HEAD OF SCHOOL | 40.00 | 189250 | 0 | 504 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 292552 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 896 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 18516 | FundraisingEvents |
| All Other Contributions | 1316602 | AllOtherContributions |
| Noncash Contributions | 1720 | NoncashContributions |
| Total Contributions | 1335118 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 4519058 | 4519058 |
| SUMMER TUITION | 611600 | 361178 | 361178 |
| EXTENDED CARE | 611600 | 230454 | 230454 |
| OTHER PROGRAM FEES | 611600 | 73653 | 73653 |
| APPLICATION FEES | 611600 | 39501 | 39501 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8388 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8388 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5232232 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 450 | TotalRevenueColumn |
| Exclusion | $450 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18698 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18687 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11 | TotalRevenueColumn |
| Exclusion | $11 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 17237 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 18516 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 17237 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 4526 | TotalRevenueColumn |
| Exclusion | $4,526 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4526 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6572337 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5232232 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $4,987 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 994478 | Total |
| Program Services | 994478 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 301198 | Total |
| Program Services | 118100 | ProgramServices |
| Management And General | 171802 | ManagementAndGeneral |
| Fundraising | 11296 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2633637 | Total |
| Program Services | 2286224 | ProgramServices |
| Management And General | 308850 | ManagementAndGeneral |
| Fundraising | 38563 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11130 | Total |
| Program Services | 6678 | ProgramServices |
| Management And General | 3339 | ManagementAndGeneral |
| Fundraising | 1113 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147499 | Total |
| Program Services | 132566 | ProgramServices |
| Management And General | 14136 | ManagementAndGeneral |
| Fundraising | 797 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 208555 | Total |
| Program Services | 172027 | ProgramServices |
| Management And General | 33089 | ManagementAndGeneral |
| Fundraising | 3439 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13202 | Total |
| Management And General | 13202 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51392 | Total |
| Management And General | 51392 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36881 | Total |
| Program Services | 21098 | ProgramServices |
| Management And General | 12411 | ManagementAndGeneral |
| Fundraising | 3372 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62941 | Total |
| Management And General | 62531 | ManagementAndGeneral |
| Fundraising | 410 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119394 | Total |
| Program Services | 44641 | ProgramServices |
| Management And General | 53769 | ManagementAndGeneral |
| Fundraising | 20984 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47167 | Total |
| Program Services | 40093 | ProgramServices |
| Management And General | 6366 | ManagementAndGeneral |
| Fundraising | 708 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143905 | Total |
| Program Services | 122320 | ProgramServices |
| Management And General | 19426 | ManagementAndGeneral |
| Fundraising | 2159 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11954 | Total |
| Program Services | 1679 | ProgramServices |
| Management And General | 9606 | ManagementAndGeneral |
| Fundraising | 669 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 329255 | Total |
| Program Services | 279867 | ProgramServices |
| Management And General | 44449 | ManagementAndGeneral |
| Fundraising | 4939 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 250682 | Total |
| Program Services | 213080 | ProgramServices |
| Management And General | 33842 | ManagementAndGeneral |
| Fundraising | 3760 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42438 | Total |
| Program Services | 32736 | ProgramServices |
| Management And General | 9109 | ManagementAndGeneral |
| Fundraising | 593 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EDUCATIONAL EXPENSE | 409998 | 409998 | ||
| REPAIRS AND MAINTENANCE | 322925 | 274208 | 43881 | 4836 |
| TRAINING AND DVLPMNT | 30765 | 30765 | ||
| BAD DEBT EXPENSE | 27659 | 27659 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21324 | Total |
| Program Services | 9375 | ProgramServices |
| Management And General | 5321 | ManagementAndGeneral |
| Fundraising | 6628 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6218379 | Total |
| Program Services | 5217592 | ProgramServices |
| Management And General | 896521 | ManagementAndGeneral |
| Fundraising | 104266 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 649787 | BOY |
| EOY | 580986 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 211098 | BOY |
| EOY | 437102 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52400 | BOY |
| EOY | 341007 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2041900 | BOY |
| EOY | 2357853 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17038 | BOY |
| EOY | 42174 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10006223 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1314660 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8797303 | BOY |
| EOY | 8691563 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121902 | BOY |
| EOY | 117015 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 24585 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11891428 | BOY |
| EOY | 12592285 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 320771 | BOY |
| EOY | 344708 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3308134 | BOY |
| EOY | 3794622 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6629163 | BOY |
| EOY | 6490298 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250000 | BOY |
| EOY | 262339 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74000 | BOY |
| EOY | 37000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10582068 | BOY |
| EOY | 10928967 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1124370 | BOY |
| EOY | 936503 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184990 | BOY |
| EOY | 726815 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1309360 | BOY |
| EOY | 1663318 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11891428 | BOY |
| EOY | 12592285 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 353958 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2708458 | OtherCostOrOtherBasis |
| Book Value | 2708458 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6980118 | OtherCostOrOtherBasis |
| Depreciation | 1115072 | Depreciation |
| Book Value | 5865046 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 261289 | OtherCostOrOtherBasis |
| Depreciation | 160138 | Depreciation |
| Book Value | 101151 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 56358 | OtherCostOrOtherBasis |
| Depreciation | 39450 | Depreciation |
| Book Value | 16908 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8691563 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED COMPENSATION | Description |
| Amount | $37,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 37000 | TotalOfAmounts |
| Total Revenue | 6572337 | TotalRevenue |
| Total Expenses | 6218379 | TotalExpenses |
| Excess Or Deficit For Year | 353958 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 353958 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5593376 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 15517 | OtherRevenues |
| Revenue Not Rptd F990 | 15517 | RevenueNotRptdF990 |
| Revenue Subtotal | 5577859 | RevenueSubtotal |
| Other Revenues Not Included | 994478 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 994478 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6572337 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5239418 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 15517 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 15517 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5223901 | ExpensesSubtotal |
| Other Expenses Not Included | 994478 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 994478 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6218379 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ORGANIZATION IS NOT EXEMPT FROM TAXES DUE TO NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. DURING THE YEARS ENDED JUNE 30, 2012 AND 2011, THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, INCLUDING ITS TAX EXEMPT STATUS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990-T) FOR JUNE 30, 2009 THROUGH THE CURRENT YEAR ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. IT IS THE ORGANIZATION'S POLICY TO INCLUDE ANY PENALTIES AND INTEREST RELATED TO INCOME TAXES IN MANAGEMENT AND GENERAL EXPENSES, HOWEVER THE ORGANIZATION HAS NO PENALTIES OR INTEREST RELATED TO INCOME TAXES. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE 15,517. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | QUALIFIED FINANCIAL ASSISTANCE 624,671. TUITION WAIVERS 369,807. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE 15,517. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | QUALIFIED FINANCIAL ASSISTANCE 624,671. TUITION WAIVERS 369,807. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | YES, THE ORGANIZATION'S RACIAL NONDISCRIMATORY POLICY IS STATED WITHIN VARIOUS NEWSPAPERS IN THE COMMUNITIES IT SERVES, INCLUDING FOREIGN LANGUAGE PAPERS AS WELL AS ON ITS WEBSITE. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING SALONS | NameOfEvent1 |
| Gross Receipts Event1 | 35753 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 18516 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 17237 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 2362 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 2400 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 10123 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 35753 | GrossReceiptsTotal |
| Charitable Contributions Total | 18516 | CharitableContributionsTotal |
| Gross Revenue Total Events | 17237 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 2362 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 2400 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 10123 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 14885 | DirectExpenseSummaryEvents |
| Net Income Summary | 2352 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| TUITION WAIVERS | 35 | 369807 |
| QUALIFIED FINANCIAL ASSISTANCE | 96 | 624671 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, LINE 2 | Identifier |
| Return Reference | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS | ReturnReference |
| Explanation | THE ORGANIZATION'S ASSISTANCE IS BASED ON FINANCIAL NEED. A LETTER IS SENT TO THE RECIPIENT NOTIFYING THEM OF THE AMOUNT GRANTED. THE GRANTS ARE ALL FOR QUALIFIED FINANCIAL ASSISTANCE AND TUITION WAIVERS AND ARE APPLIED AS CREDITS TOWARDS THE RECIPIENT'S TUITION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DANIEL SCHWARTZ | NamePerson |
| Base Compensation Filing Org | 189250 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 504 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 189754 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 861091967 | IssuerEIN |
| CUSIP Number | NONEAVAIL | CUSIPNumber |
| Date Issued | 2006-05-17 | DateIssued |
| Issue Price | 7000000 | IssuePrice |
| Description Of Purpose | ACQUISITION & CONSTRUCTION | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 6490298 | TotalProceeds |
| Issuance Costs From Proceeds | 146624 | IssuanceCostsFromProceeds |
| Capital Expenditures | 6853376 | CapitalExpenditures |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Grant | 8325 | AmountOfGrant |
| Type Of Assistance | QUALIFIED FINANCIAL ASSISTANCE | TypeOfAssistance |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 (EXCLUDING SCHEDULE B NAMES OF DONORS) IS MADE AVAILABLE TO THE FINANCE COMMITTEE BEFORE FILING AND IS APPROVED BY THE BOARD OF DIRECTORS. QUESTIONS OR CONCERNS THAT ANY MEMBER OF THE FINANCE COMMITTEE HAVE ARE DIRECTED TO THE ACCOUNTANT AND ARE ADDRESSED BEFORE THE FORM 990 IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY ASKING EACH DIRECTOR, OFFICER 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 DIRECTORS. IF IT IS DEEMED A CONFLICT, THE INDIVIDUAL SHALL NOT BE INVOVLED 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 15A | THE BOARD OF DIRECTORS APPOINTED A COMMITTEE TO HIRE THE HEAD OF SCHOOL. THE COMMITTEE USED DATA FROM KNOWLEDGEABLE CONSULTANTS 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 FEBRUARY 2012. | |
| 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 VI, LINE 14: | THE ORGANIZATION DOES NOT HAVE A FORMAL WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY; HOWEVER IT DOES IMPLEMENT AN INFORMAL POLICY WITHIN ITS ACTIVITIES. | ADDITIONAL INFORMATION |
| FORM 990, PART VI, LINE 15B: | THIS QUESTION IS ANSWERED NO BECAUSE THE COMPENSATION PROCESS DOES NOT INCLUDE REVIEW AND APPROVAL BY A GOVERNING BODY OR COMPENSATION COMMITTEE. THE COMPENSATION PACKAGE OFFERED TO THE DIRECTOR OF FINANCE AND OPERATIONS IS REVIEWED AND APPROVED ANNUALLY BY THE HEAD OF SCHOOL. THE HEAD OF SCHOOL USES SURVEYS FROM THE NATIONAL BUSINESS OFFICERS ASSOCIATION TO DETERMINE COMPENSATION. THE LAST REVIEW WAS DONE IN JUNE 2012. | ADDITIONAL INFORMATION |