2026-05-13T15:39:36+00:00 2025-06-30 990 2024-07-01 362593545 Erikson Institute ERIK 3127552250 451 North LaSalle Street Chicago IL 606544510 Breian Collier Chief Financial and Ops Officer 3128937120 2026-05-13 true X 2024 2025-03-06 01:10:19Z Breian Collier 451 North LaSalle Street Chicago IL 606544510 39429710 false X www.erikson.edu X 1966 IL Erikson Institute is the premier independent institution of higher education committed to ensuring that all children have equitable opportunities to reach their potential. 28 28 258 199 0 0 12451793 25440313 7707580 6383590 2758005 1747475 -168514 -149239 22748864 33422139 3332537 2752022 0 17897746 18647342 70000 52987 1268087 9237004 9221775 30537287 30674126 -7788423 2748013 95624133 104733600 28340125 28185837 67284008 76547763 Erikson is a leading institution of higher education that prepares professionals to address the urgent challenges facing young children, their families and communities. Our innovative programs, transformative research and impactful advocacy empower early childhood professionals to drive lasting change. Erikson strives to build a future where every child thrives. false false 12024335 2324643 4808369 ACADEMICS: Through master's degree, doctoral degrees, graduate certificate programs, and a variety of professional development programs, Erikson Institute prepares leaders in child development, social work, and early childhood education. We offer the most comprehensive, interdisciplinary understanding of children and families through classes on campus and online. We also offer programs to help professionals who work with children and families hone their skills, learn new techniques, and earn credits to maintain their professional licenses. In FY 2023, Erikson continued to invest in the growth and refinement of our academic offerings. We launched a Master of Science in Early Childhood Education degree that comes with a triple endorsement in early education, special education, and bilingual/ English as a Second Language-a program that is the first of its kind in the state of Illinois. Further, we were able to offer 19 Educator Impact Grants which covered the full tuition and fees of the program as long as awardees agreed to teach for four years following completion of the degree. We also hired Erikson's first ever Dean of Faculty, as well as an Associate Vice President of Internal Affairs and institutional accountability. All told, Erikson had 364 total enrolled students in FY 2023, and faculty published 26 articles, wrote nine book chapters, and facilitated 81 presentations. 7301222 1575221 DIRECT CLINICAL SERVICES: Erikson provides a variety of direct services to children and families, as well as consulting and training for professionals who work with them. Our Fussy Baby Network, Center for Children and Families (CCF), and Early Childhood Project, a partnership with the Illinois Department of Children and Family Services, have served over 7,000 families. Every year, our students contribute over 49,000 hours of field service across 68 agencies that serve children and their families. The team at Erikson's Center for Children and Families consists of psychologists, social workers, developmental and behavioral pediatricians, occupational therapists, speech and language pathologists, and other licensed mental health professionals who provide pediatric mental health services for children aged 0-8, as well as their families and caregivers. In fiscal year 2023, the Erikson DCFS Early Childhood Project served 5,993 children directly through collaborative work, reaching children across the state of Illinois. Erikson also offers programs to help professionals who work with children and families improve their skills, learn new techniques, and earn credits to maintain their professional licenses. 2607561 427379 18714 RESEARCH, POLICY & LEADERSHIP: Erikson Institute leads the field in early childhood research, uncovering opportunities for us to drive positive change for children, families, and communities. Erikson's current research projects respond directly to the needs of young children and the people who serve them by focusing on what works and models that can be replicated. Our groundbreaking research includes several studies that are the first of their kind in the field on topics including home visiting, Infants and Toddlers, and home-based childcare. Erikson's Policy and Leadership Department works to advance our systems by making them more effective, efficient and accessible to young children and their families by providing key leaders with the knowledge and tools to generate policy solutions that improve access to high-quality early childhood supports and services. The Policy & Leadership team supported Erikson President, Mariana Souto-Manning, in her presentation to the Illinois Senate's Early Childhood Education Committee, which highlighted that 90 percent of the brain is developed by age five and how every $1 invested in quality early childhood programs yields a $7 return. In 2023, the Early Childhood Leadership Academy (ECLA) enrolled 18 Illinois leaders from various sectors in a learning experience that blended expert presentations and activities to build their knowledge of child development and why the first five years are critical. The Policy and Leadership team's workshop series saw 255 participants from a wide variety of social service organizations across the United States. 21933118 true true false true false false false false false true true true false false true true true false true false true false false true true false false true true true true false false false false false true false true true false true false false false false false false false false false true 122 0 true 258 true false false false false false false false false false false false false X 28 28 true false false false false false false true true false false false true true true true true true true false false false IL X X Breian Collier 3127552250 451 N LaSalle Street Chicago IL 606544510 Eric Adelstein Board Chair 3.0 X X 0 0 0 Lewis S Ingall Treasurer 3.0 X X 0 0 0 Susan Stone Vice-Chair 3.0 X X 0 0 0 A Kyle Mack Trustee 1.0 X 0 0 0 Barbara T Bowman Trustee 5.0 X 3028 0 0 Cari B Sacks Trustee 1.0 X 0 0 0 Carol D Lee Trustee 1.0 X 0 0 0 Catherine M Adduci Trustee 1.0 X 0 0 0 Charles R Middleton Trustee 1.0 X 0 0 0 Deana Spencer Trustee 1.0 X 0 0 0 Diane Goldstick Meagher Trustee 1.0 X 0 0 0 Dianne Wasieleski Trustee 1.0 X 0 0 0 Elenne Song Trustee 1.0 X 0 0 0 Eve M Tyree Trustee 1.0 X 0 0 0 Frank Gettridge Trustee 1.0 X 0 0 0 Ikram Goldman Trustee 1.0 X 0 0 0 Jenni Sorenson Trustee 1.0 X 0 0 0 Jose Cerda III Trustee 1.0 X 0 0 0 Joy Segal Trustee 1.0 X 0 0 0 Judy McCaskey Trustee 1.0 X 0 0 0 Kate Neisser Trustee 1.0 X 0 0 0 Kathy Richland Pick Trustee 1.0 X 0 0 0 Lori Laser Trustee 1.0 X 0 0 0 Marjorie Poulos Trustee 1.0 X 0 0 0 Mitchell J Lederer Trustee 1.0 X 0 0 0 Nicole Robinson Trustee 1.0 X 0 0 0 Peggy Lim Trustee 1.0 X 0 0 0 Richard A Chesley Trustee 1.0 X 0 0 0 Sabrina Gracias Trustee 1.0 X 0 0 0 Sandra Perez Sterling Trustee 1.0 X 0 0 0 Sara Crown Star Trustee 1.0 X 0 0 0 Maria DiLorenzo General Counsel and Board Secretary 40.0 X 130427 0 44389 Mariana Souto-Manning President 40.0 X 644731 0 72786 Maura Daly Chief External Affairs Officer 40.0 X 279351 0 39930 Pamela Epley VP of Academic Affairs 40.0 X 215005 0 58277 Patricia Lawson VP of Finance & Operations/Chief Financial Officer 40.0 X 234432 0 71850 Ayanna Brown VP for Strategic Growth & Partnerships 40.0 X 143490 0 62380 Jie-Qi Chen Director of the Early Learning and Teaching Academy 40.0 X 194770 0 94650 Linda Gilkerson Professor 40.0 X 151395 0 62237 Maxine McKinney de Royston Dean of Faculty 40.0 X 158648 0 49254 Patricia Offer Director of Development 40.0 X 147001 0 432 2302278 0 556185 20 true true false LR-CPW 111 Illinois Owner LLC c/o Jones Lang LaSalle Americas Il 111 W Illinois St CHICAGO IL 60654 Building Management 577904 Prescient Solutions 1834 Walden Office Square Fifth Floor Schaumburg IL 60173 IT services 386028 Community Counseling Service Co LLC 527 Madison Avenue 5th Floor New York NY 10022 Fundraising feasibility Study 166200 Hanover Research Council LLC 4401 Wilson Blvd 4th Arlington VA 22203 Market Researcher 112500 Jenzabar 111 Huntington Avenue Suite 530 Boston MA 02199 Student Service Software 110810 9 1399770 5710691 18329852 14719209 25440313 Student Tuition & Fees 611310 4808369 4808369 Clinical and Training 611310 1575221 1575221 0 0 0 0 6383590 1222178 1222178 11493 11493 75828 75828 0 75828 75828 6178406 5653109 525297 0 525297 525297 99188 1399770 354462 -255274 -255274 Miscellaneous 900099 18714 18714 0 0 0 0 18714 33422139 6402304 0 1579522 427379 427379 2324643 2324643 0 0 0 0 1765706 1044598 561467 159641 0 0 0 0 13350703 10123440 2807722 419541 764200 564593 170327 29280 1734456 1281420 386581 66455 1032277 762649 230077 39551 0 0 0 0 93021 6170 86851 0 80179 0 80179 0 0 0 0 0 52987 52987 647753 388652 259101 0 2633045 950957 1411992 270096 302454 18179 284275 0 246526 119281 124125 3120 686083 444147 216559 25377 1874 1874 0 0 646211 427591 210302 8318 243609 207772 35450 387 0 0 0 0 475691 216947 129273 129471 1351165 1162002 162140 27023 0 0 0 0 928259 798303 111391 18565 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0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 X 0 0 0 0 0 0 Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - 14133.0, COLUMN B - 20987.0, COLUMN C - 5818.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 40938.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62949150 7000500 7404218 0 3281215 0 74072653 57244725 2000000 6537266 0 2832841 0 62949150 52075017 4600000 2761237 0 2191529 0 57244725 56593787 550000 -3047102 0 2021668 0 52075017 41375277 2500000 14794108 0 2075598 0 56593787 0.5 0.33 0.17 false false 2692676 2692676 27445800 11938635 15507165 89766 59844 29922 4903648 4631408 272240 910010 834199 75811 18577814 Closely-held equity interests Financial derivatives Private Equity and Hedge Funds 16058512 F 16058512 Federal Income Taxes Interest Rate Swap Agreement 1599467 Deferred Compensation plan payable 649271 2248738 X 31785805 6304497 0 0 0 6304497 25481308 647753 7293078 7940831 33422139 27347084 0 0 0 0 0 27347084 647753 2679289 3327042 30674126 Schedule D, Part V, Line 4 Intended uses of endowment funds The Board of Trustees has designated certain amounts of unrestricted investments to be classified as funds functioning as endowment. The income on these funds will be used to support ongoing operations. As of June 30, 2025, these funds were established for the following purposes: Facilities $4,708,332, General Operations $21,921,040, Scholarships $216,006. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote 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 Institute 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 Institute and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities during the periods covered by these financial statements. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SCHOLARSHIPS NETTED FROM REVENUE - 2324643 NON-OPERATING INVESTMENT INCOME (LOSS) - 4869063 NET INCOME OR (LOSS) FROM FUNDRAISING EVENTS - -255274 DIRECT EXPENSES FROM FUNDRAISING EVENTS - 354646 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements DIRECT EXPENSES FROM FUNDRAISING EVENTS - 354646 SCHOLARSHIPS NETTED FROM REVENUE - 2324643 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The policy is made available in both employee and student handbooks, as well as on the organization's website and in promotional materials used at recruiting events. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT We receive U.S. Department of Education Federal Direct Student Loans and other governmental assistance. Central America and the Caribbean 0 0 Investments N/A 14512739 0 0 0 0 0 0 14512739 0 14512739 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual X X X X X X X true Carol Fox & Associates Inc 1120 W Belmont Ave Chicago IL 60657 SPECIAL EVENT PLANNING & FUNDRAISING FOR ERIKSON'S ANNUAL LUNCHEON false 52987 -52987 0 52987 -52987 IL ANNUAL LUNCHEON 1399588 1300400 99188 211805 67040 32148 43469 0 0 1399588 1300400 99188 211805 67040 32148 43469 354462 -255274 Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. CAROL FOX & ASSOCIATES, INC.-CONSULTING AGREEMENT; true SRI International 333 Ravenswood Avenue Menlo Park CA 94025 88279 Early math research American Academy of Pediatrics 345 Park Blvd Itasca IL 60143 57905 Equipping Pediatricians for Attuned Interactions and Self-Compassion project University of Illinois 809 S Marshfield Ave 511 MB Chicago IL 60612 55000 Infant Early Childhood Mental Health project University of Delaware 116 Student Services Building Newark DE 19716 53040 Home Visiting Program Quality Assessment Illinois Action for Children 4753 N Broadway Suite 1200 Chicago IL 60640 52770 Child Care Policy Research Partnerships Indigo Cultural Center Inc 2942 N 24th Ave Suite 114--321 Phoenix AZ 85016 45547 Home-based childcare research University of Chicago 60654 S Drexel Avenue Suite 200 Chicago IL 60637 43598 Home Visiting Program Quality Assessment National Association for Family Childcare 700 12th St NW Washington DC 20005 31240 Home-based childcare research 8 0 Student Scholarships 287 2324643 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Scholarship funds can be used for tuition, books and living expenses. In general they are applied first to tuition and balances sent to students. It is reviewed every school term and is monitored in compliance with student aid protocols. All payments are monitored and approved by Student Services and Finance before payment is applied or paid to the student. All students receiving scholarships have been selected on a non-discretionary basis. The student loan program is audited every year in compliance with federal single audit standards X X X X X false false false false false false false false false Mariana Souto-Manning President 383231 0 210000 0 51500 0 23000 0 49786 0 717517 0 0 0 Maria DiLorenzo General Counsel and Board Secretary 130427 0 0 0 0 0 9779 0 34610 0 174816 0 0 0 Maura Daly Chief External Affairs Officer 279351 0 0 0 0 0 19554 0 20376 0 319281 0 0 0 Patricia Lawson VP of Finance & Operations/Chief Financial Officer 234432 0 0 0 0 0 30500 0 41350 0 306282 0 0 0 Pamela Epley VP of Academic Affairs 215005 0 0 0 0 0 16038 0 42239 0 273282 0 0 0 Jie-Qi Chen Director of the Early Learning and Teaching Academy 194770 0 0 0 0 0 53281 0 41369 0 289420 0 0 0 Linda Gilkerson Professor 151395 0 0 0 0 0 30500 0 31737 0 213632 0 0 0 Maxine McKinney de Royston Dean of Faculty 152126 0 0 0 6522 0 11596 0 37658 0 207902 0 0 0 Ayanna Brown VP for Strategic Growth & Partnerships 143490 0 0 0 0 0 30413 0 31967 0 205870 0 0 0 A Illinois Finance Authority 861091967 000000000 2022-04-01 25635000 REFUND PRIOR ISSUE (6/29/2017). false false false A 25635000 263000 25372000 2009 true false true true A false false false false false false 0 0 0.0 false false 0 false false A false true true true true true The Northern Trust Company 15.6 false false false 0 false false false A true Schedule K, Part IV, Line 2c (a) Issuer Name: Illinois Finance Authority (a) Issuer Name: Illinois Finance Authority Date the Rebate Computation was Performed: 06/29/2017 Note regarding the rebate computation: Since the bond proceeds have been spent, a spending exception was met, and the debt service fund was operated on a bona fide basis, no further rebate calculations are necessary. Mariano Souto-Manning President General Purpose X 50000 0 false true true Maxine McKinney de Royston Dean of Faculty General Purpose X 67872 30479 false true true 30479 Barbara Bowman Co-founder and Salaried Board member Reportable compensation false 2 14719209 Market value 0 false true false Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Mitchell Lederer and Cari Sacks - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 was reviewed by the President, Chief Financial and Operations Officer and members of the Audit Committee. Lastly it was distributed to Erikson's board members before it was filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Form 990 was reviewed by the President, Chief Financial and Operations Officer, and members of the Audit Committee. Lastly it was distributed to Erikson's board members before it was filed with the IRS. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Committee is charged with recommending to the board the President's compensation, including salary and benefits. The Executive Committee reviews a compensation survey of similar positions at educational institutions comparable to Erikson, located within the general metropolitan area. The President reviews the compensation of officers and key employees of Erikson. These reviews are conducted annually. Form 990, Part VI, Line 19 Required documents available to the public Erikson Institute makes its governing documents, conflict of interest policy and tax returns available for public inspection upon written request. This inspection takes place at its corporate offices at 451 N LaSalle Street, Chicago, IL. The Financial Statements and Tax Returns are also available the Institute's website at www. erikson.edu Form 990, Part VII, Section A, Line 1a, Column (D) Compensation of Officers, Directors, Trustee Reportable compensation for Barbara T. Bowman represents income earned as a Professor and not as a Trustee of the Organization. Form 990, Part IX, Line 11e Professional Fundraising Services The Fundraising Consultant assisted in the planning, preparation and prospecting associated Erikson's annual fall fundraising event. The Fundraising Consultant did not collect any donations on behalf of Erikson. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Interest rate swap fair value adjustment - -133349; Net loss from fundraising events - 255274; Net non-operating Investment income (loss) - -558433; Total - -436508; Schedule K, Part IV, Line 2c Supplemental Information on Tax-Exempt Bonds (A) ISSUER NAME: ILLINOIS FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/29/2017 NOTE REGARDING THE REBATE COMPUTATION: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONAFIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. On April 1, 2022, the Institute entered into a bond trust agreement with the Illinois Finance Authority to issue Illinois Finance Authority Revenue Refunding Bond, Series 2022, for $25,635,000. The proceeds from the sale were used to refund and redeem $16,435,000 and $8,937,000 of all the outstanding Revenue Refunding Bond, Series 2017A and Series 2017B respectively, discussed above. The bonds are non-amortizing and have a term of 20 years. Schedule K, Part IV, Line 2c Arbitrage ISSUER NAME: ILLINOIS FINANCE AUTHORITY THE CALCULATION FOR COMPUTING NO REBATE DUE Schedule M, Part I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS SECURITIES - PUBLICLY TRADED - NUMBER OF CONTRIBUTORS OF STOCK.