NEAR NORTH MONTESSORI SCHOOL: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NEAR NORTH MONTESSORI SCHOOL (EIN 36-2535895)
Tax period
2024-08-01 to 2025-07-31
Filed
2026-06-15
IRS object ID
202621669349302027
Schema version
2024v5.5
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)
Return2026-06-15T16:43:21-05:00ReturnTs
Tax Period End2025-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362239746PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SASSETTI LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12107 SWIFT DRIVE SUITE 210AddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN362535895EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEAR NORTH MONTESSORI SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEARBusinessNameControlTxt
Phone7733841434PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11434 W DIVISIONAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60642ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRINA PATELPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7733841434PhoneNum
Signature2026-06-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonIZABELA POLUDNIAKPreparerPersonNm
PTINP01959192PTIN
Phone7083861433PhoneNum
Preparation2026-06-12PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRINA PATELPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11434 W DIVISIONAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60642ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$20,023,930GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NNMS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionNEAR NORTH MONTESSORI EDUCATES STUDENTS TO REACH THEIR INHERENT POTENTIAL.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee188TotalEmployeeCnt
Total Volunteers750TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$781,325PYContributionsGrantsAmt
CY Contributions Grants$947,173CYContributionsGrantsAmt
PY Program Service Revenue$14,324,783PYProgramServiceRevenueAmt
CY Program Service Revenue$15,334,933CYProgramServiceRevenueAmt
PY Investment Income$644,343PYInvestmentIncomeAmt
CY Investment Income$500,513CYInvestmentIncomeAmt
PY Other Revenue$99,697PYOtherRevenueAmt
CY Other Revenue$181,366CYOtherRevenueAmt
PY Total Revenue$15,850,148PYTotalRevenueAmt
CY Total Revenue$16,963,985CYTotalRevenueAmt
PY Grants And Similar Paid$1,718,954PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,933,899CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$11,532,746PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$12,031,530CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$323,372CYTotalFundraisingExpenseAmt
PY Other Expenses$3,257,780PYOtherExpensesAmt
CY Other Expenses$3,884,027CYOtherExpensesAmt
PY Total Expenses$16,509,480PYTotalExpensesAmt
CY Total Expenses$17,849,456CYTotalExpensesAmt
PY Revenues Less Expenses-$659,332PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$885,471CYRevenuesLessExpensesAmt
Total Assets BOY$36,291,168TotalAssetsBOYAmt
Total Assets EOY$36,887,831TotalAssetsEOYAmt
Total Liabilities BOY$9,080,729TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,970,521TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$27,210,439NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$26,917,310NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNEAR NORTH MONTESSORI PREPARES STUDENTS FOR LIFE IN AN EVER CHANGING AND COMPLEX WORLD INSPIRING THEM TO REACH THEIR INHERENT POTENTIAL THROUGH MONTESSORI PHILOSOPHY AND WITH A STRONG PARENT-SCHOOL PARTNERSHIP.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$13,461,361ExpenseAmt
Grant$1,933,899GrantAmt
Revenue$15,334,933RevenueAmt
DescNEAR NORTH MONTESSORI IS THE PLACE WHERE CHILDREN CAN SOAR. OUR SCHOOL DEVELOPS CURIOUS, MOTIVATED, AND ACCOMPLISHED LIFELONG LEARNERS FROM PRE-SCHOOL THROUGH 8TH GRADE VIA AN ENVIRONMENT AND MONTESSORI APPROACH UNIQUE TO OUR SCHOOL. LOCATED IN THE WICKER PARK NEIGHBORHOOD OF CHICAGO, OUR FAMILIES DRAW FROM OVER 40 NEIGHBORHOODS ACROSS CHICAGO AND THE SURROUNDING AREAS.HERE YOU WILL NOT FIND THE TRADITIONAL LINEUP OF DESKS IN ROWS, TEXTBOOKS AND MIND-NUMBING ROTE MEMORIZATION. WHAT YOU WILL FIND ARE DYNAMIC LEARNING LABORATORIES - A SCHOOL ALIVE WITH STUDENTS EXPLORING QUESTIONS ABOUT THE WORLD AROUND THEM. CLASSROOMS ARE VIBRANT COMMUNITIES, EACH ORGANIZED BY AGE LEVELS, WHERE STUDENTS SPEND THREE YEARS LEARNING AND GROWING TOGETHER. TEACHERS CAREFULLY ORCHESTRATE THE STUDENTS' JOURNEY, WITH THE TRAJECTORY OF EACH INDIVIDUAL STUDENT FINE-TUNED PRIOR TO LAUNCH. TEACHERS QUESTION, CHALLENGE, AND INSPIRE STUDENTS. THEY LOOK FOR WAYS TO SPARK CREATIVITY AND IMAGINATION. THEY CULTIVATE THE THREE RS: RESPECT, RESPONSIBILITY AND RESILIENCE. ALL CLASSROOM TEACHERS ARE TRAINED IN THE MONTESSORI METHOD, AND EACH LEAD TEACHER HOLDS A CREDENTIAL FROM ASSOCIATION MONTESSORI INTERNATIONALE (AMI), THE AMERICAN MONTESSORI SOCIETY (AMS), OR NORTH AMERICAN MONTESSORI TEACHERS ASSOCIATION (NAMTA).IN THE CLASSROOM AND AS A COMMUNITY, WE TAKE A PURPOSEFUL, FEARLESS LOOK AT OURSELVES, OUR DIFFERENCES, AND OUR CONNECTIONS. HERE, DIVERSITY OF OUR APPROXIMATELY 550 STUDENTS AND 140 FACULTY AND STAFF CAN BE RACE, ETHNICITY, RELIGION, GENDER, ECONOMIC STATUS OR LEARNING DIFFERENCES. OUR COMMITMENT TO DIVERSITY PROMOTES AN ENVIRONMENT OF RESPECT BASED ON EQUITY AND INCLUSION IN WHICH STUDENTS BECOME ALLIES FOR EACH OTHER WHILE DEVELOPING AWARENESS OF SOCIAL AND GLOBAL JUSTICE ISSUES.OUR PROGRAM EXTENDS BEYOND THE SCHOOL DAY WITH MORNING AND AFTERNOON CARE ALONG WITH A VARIETY OF SPECIALIZED AFTER SCHOOL CLASSES. DURING THE SUMMER, STUDENTS CAN PARTAKE IN AN ARRAY OF GENERAL AND SPECIALIZED CAMPS TO SUIT THE CHILD'S INTEREST, EACH APPROACHED WITH OUR MONTESSORI PHILOSOPHY.NEAR NORTH MONTESSORI IS A POWERFUL EDUCATIONAL EXPERIENCE, DRAWING ITS ENERGY AND INSPIRATION FROM THE STUDENTS, FAMILIES AND TEACHERS WHO CALL THIS SCHOOL HOME. TOGETHER, WE WORK TO CREATE A WARM, WELCOMING COMMUNITY WHERE YOUNG HEARTS AND MINDS TAKEFLIGHT.Desc
Total Program Service Expenses$13,461,361TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document38IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee188EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PATRICK COOGANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7733841434PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11434 W DIVISIONAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60642ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
LESLEY PINCKNEY
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
GARY CLOUDMAN
TREASURER2.00Yes (X)Yes (X)$0$0$0
SACHIN MASTER
SECRETARY2.00Yes (X)Yes (X)$0$0$0
RINA PATEL
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
KATHLEEN ST LOUIS CALIENTO PHD
MEMBER1.00Yes (X)$0$0$0
ALI KHAN
MEMBER1.00Yes (X)$0$0$0
TAYLOR DUGAS
MEMBER1.00Yes (X)$0$0$0
SARAH BERGHORST
MEMBER1.00Yes (X)$0$0$0
PUJA SINGH PATEL
MEMBER1.00Yes (X)$0$0$0
PRIYANKA RUPANI
MEMBER1.00Yes (X)$0$0$0
PAUL DO
MEMBER1.00Yes (X)$29,113$0$0
LEE CLARK
MEMBER1.00Yes (X)$0$0$0
LAWRENCE TANZMAN
MEMBER1.00Yes (X)$0$0$0
JAY BEIDLER
MEMBER1.00Yes (X)$0$0$0
ERIKA FAULKNER
MEMBER1.00Yes (X)$0$0$0
DENISE TOLLINCHE
MEMBER1.00Yes (X)$0$0$0
DAN SULLIVAN
MEMBER1.00Yes (X)$0$0$0
CAROLINE KO
MEMBER1.00Yes (X)$0$0$0
BHUMIKA GASHTI
MEMBER1.00Yes (X)$0$0$0
TIM FORRESTER
MEMBER1.00Yes (X)$0$0$0
TONY SUTTON
MEMBER1.00Yes (X)$0$0$0
ANGELA G GARCIA
HEAD OF SCHOOL40.00Yes (X)$338,772$0$48,243
ROBERT HART
FINANCE & OPERATIONS DIREC40.00Yes (X)$185,399$0$10,811
HANNAH RICHARDSON
FORMER ACTING HEAD OF SCHOOL40.00Yes (X)$192,473$0$0
CHRISTOPHER AMBROSO
ASSOCIATE HEAD OF SCHOOL40.00$136,932$0$29,686Yes (X)
NATHAN LYONS
ATHLETIC DIRECTOR40.00$101,990$0$27,043Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$984,679TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$115,783TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$531,548FundraisingAmt
All Other Contributions$415,625AllOtherContributionsAmt
Total Contributions$947,173TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION & FEESDesc
Business611110BusinessCd
Total Revenue Column$15,334,933TotalRevenueColumnAmt
Related Or Exempt Func Income$15,334,933RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$15,334,933TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$516,933TotalRevenueColumnAmt
Exclusion$516,933ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,938,803SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,955,223SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$16,420SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$16,420TotalRevenueColumnAmt
Exclusion-$16,420ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$286,088FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$531,548ContriRptFundraisingEventAmt
Fundraising Direct Expenses$104,722FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$181,366TotalRevenueColumnAmt
Exclusion$181,366ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,963,985TotalRevenueColumnAmt
Related Or Exempt Func Income$15,334,933RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$681,879ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,933,899TotalAmt
Program Services$1,933,899ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$757,088TotalAmt
Program Services$394,344ProgramServicesAmt
Management And General$337,802ManagementAndGeneralAmt
Fundraising$24,942FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,598,763TotalAmt
Program Services$6,634,465ProgramServicesAmt
Management And General$1,865,717ManagementAndGeneralAmt
Fundraising$98,581FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$344,233TotalAmt
Program Services$237,860ProgramServicesAmt
Management And General$106,373ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,627,047TotalAmt
Program Services$1,042,215ProgramServicesAmt
Management And General$575,220ManagementAndGeneralAmt
Fundraising$9,612FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$704,399TotalAmt
Program Services$548,190ProgramServicesAmt
Management And General$150,283ManagementAndGeneralAmt
Fundraising$5,926FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$203,860TotalAmt
Program Services$49,922ProgramServicesAmt
Management And General$125,450ManagementAndGeneralAmt
Fundraising$28,488FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$105,359TotalAmt
Program Services$25,801ProgramServicesAmt
Management And General$64,835ManagementAndGeneralAmt
Fundraising$14,723FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$60,019TotalAmt
Management And General$60,019ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$498,283TotalAmt
Program Services$122,021ProgramServicesAmt
Management And General$306,630ManagementAndGeneralAmt
Fundraising$69,632FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$123,247TotalAmt
Program Services$450ProgramServicesAmt
Management And General$118,282ManagementAndGeneralAmt
Fundraising$4,515FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$236,342TotalAmt
Program Services$127,251ProgramServicesAmt
Management And General$85,069ManagementAndGeneralAmt
Fundraising$24,022FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$195,369TotalAmt
Program Services$73,582ProgramServicesAmt
Management And General$103,685ManagementAndGeneralAmt
Fundraising$18,102FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$323,794TotalAmt
Program Services$296,887ProgramServicesAmt
Management And General$25,248ManagementAndGeneralAmt
Fundraising$1,659FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$45,516TotalAmt
Program Services$25,460ProgramServicesAmt
Management And General$16,983ManagementAndGeneralAmt
Fundraising$3,073FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$215,873TotalAmt
Program Services$210,919ProgramServicesAmt
Management And General$4,949ManagementAndGeneralAmt
Fundraising$5FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$931,992TotalAmt
Program Services$910,870ProgramServicesAmt
Management And General$20,198ManagementAndGeneralAmt
Fundraising$924FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$159,965TotalAmt
Program Services$138,335ProgramServicesAmt
Management And General$21,490ManagementAndGeneralAmt
Fundraising$140FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CLASSROOM SUPPLIES$640,683$631,910$3,428$5,345
REPAIRS AND MAINTENANCE$100,394$26,908$73,062$424
BAD DEBT$43,331$30,072$13,259

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,849,456TotalAmt
Program Services$13,461,361ProgramServicesAmt
Management And General$4,064,723ManagementAndGeneralAmt
Fundraising$323,372FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,786,733BOYAmt
EOY$3,955,334EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,111,679BOYAmt
EOY$681,612EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$37,610BOYAmt
EOY$121,959EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$167,232BOYAmt
EOY$241,515EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$17,701BOYAmt
EOY$8,674EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$327,018BOYAmt
EOY$346,281EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$35,066,384LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,737,123LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$21,346,333BOYAmt
EOY$21,329,261EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,490,292BOYAmt
EOY$9,857,899EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,570BOYAmt
EOY$345,296EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$36,291,168BOYAmt
EOY$36,887,831EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$321,131BOYAmt
EOY$1,191,843EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,430,002BOYAmt
EOY$1,362,072EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,129,901BOYAmt
EOY$6,890,433EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$199,695BOYAmt
EOY$526,173EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,080,729BOYAmt
EOY$9,970,521EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$27,188,791BOYAmt
EOY$26,894,720EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$21,648BOYAmt
EOY$22,590EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,210,439BOYAmt
EOY$26,917,310EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$36,291,168BOYAmt
EOY$36,887,831EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$885,471ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$592,342NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,025,551BeginningYearBalanceAmt
Contributions$2,588,648ContributionsAmt
Investment Earnings Or Losses$788,626InvestmentEarningsOrLossesAmt
Other Expenditures$500,000OtherExpendituresAmt
Administrative Expenses$44,828AdministrativeExpensesAmt
End Year Balance$9,857,997EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,251,879BeginningYearBalanceAmt
Investment Earnings Or Losses$814,524InvestmentEarningsOrLossesAmt
Administrative Expenses$40,852AdministrativeExpensesAmt
End Year Balance$7,025,551EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,849,410BeginningYearBalanceAmt
Investment Earnings Or Losses$440,178InvestmentEarningsOrLossesAmt
Administrative Expenses$37,709AdministrativeExpensesAmt
End Year Balance$6,251,879EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,559,441BeginningYearBalanceAmt
Contributions$2,500ContributionsAmt
Investment Earnings Or Losses-$670,983InvestmentEarningsOrLossesAmt
Other Expenditures$386OtherExpendituresAmt
Administrative Expenses$41,162AdministrativeExpensesAmt
End Year Balance$5,849,410EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,686,815BeginningYearBalanceAmt
Investment Earnings Or Losses$902,308InvestmentEarningsOrLossesAmt
Administrative Expenses$29,682AdministrativeExpensesAmt
End Year Balance$6,559,441EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,040,208OtherCostOrOtherBasisAmt
Book Value$4,040,208BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$29,121,130OtherCostOrOtherBasisAmt
Depreciation$12,861,205DepreciationAmt
Book Value$16,259,925BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$956,284OtherCostOrOtherBasisAmt
Depreciation$875,918DepreciationAmt
Book Value$80,366BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$948,762OtherCostOrOtherBasisAmt
Book Value$948,762BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$21,329,261TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
IBNR RESERVE$175,853
SHORT TERM LEASE LIABILITY$74,719
LONG TERM LEASE LIABILITY$275,601
FieldValueIRS element (for citing)
Total Liability$526,173TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$15,562,409TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$592,342NetUnrealizedGainsInvstAmt
Revenue Not Reported$592,342RevenueNotReportedAmt
Revenue Subtotal$14,970,067RevenueSubtotalAmt
Other Revenues Not Included$1,993,918OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,993,918RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,963,985TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$15,855,538TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$15,855,538ExpensesSubtotalAmt
Other Expenses Not Included$1,993,918OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,993,918ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,849,456TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT FEES SHOWN NET OF INVESTMENT INCOME 60,019. SCHOLARSHIPS SHOWN NET ON FINANCIAL STATEMENTS 1,933,899.
PART XII, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT FEES SHOWN NET OF INVESTMENT INCOME 60,019. SCHOLARSHIPS SHOWN NET ON FINANCIAL STATEMENTS 1,933,899.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationNNM PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER MEDIA DURING THE SOLICITATION FOR STUDENTS, AND ALSO VIA THE WEBSITE, BROCHURES AND OTHER SCHOOL LITERATURE.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BIG NIGHTEvent1Nm
Gross Receipts Event1$784,586GrossReceiptsEvent1Amt
Charitable Contri Event1$521,302CharitableContriEvent1Amt
Gross Revenue Event1$263,284GrossRevenueEvent1Amt
Rent Facility Costs Event1$18,200RentFacilityCostsEvent1Amt
Food And Beverage Event1$58,568FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$23,260OtherDirectExpensesEvent1Amt
Event2FALL FESTEvent2Nm
Gross Receipts Event2$29,392GrossReceiptsEvent2Amt
Charitable Contri Event2$10,246CharitableContriEvent2Amt
Gross Revenue Event2$19,146GrossRevenueEvent2Amt
Food And Beverage Event2$4,278FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$416OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$3,658GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$3,658GrossRevenueOtherEventsAmt
Gross Receipts Total$817,636GrossReceiptsTotalAmt
Charitable Contributions Tot$531,548CharitableContributionsTotAmt
Gross Revenue Total Events$286,088GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$18,200RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$62,846FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$23,676OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$104,722DirectExpenseSummaryEventsAmt
Net Income Summary$181,366NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient126RecipientCnt
Cash Grant$1,933,899CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationAPPLICANTS ARE REQUIRED TO SUBMIT AN APPLICATION AND PROVIDE THEIR PRIOR YEAR-END TAX RETURN. ALL APPLICATIONS ARE REVIEWED TO DETERMINE NEED AND ALL INFORMATION, INCLUDING NOTES, ARE RETAINED ON AN ELECTRONIC FILING SYSTEM.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation Required0SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANGELA G GARCIA
HEAD OF SCHOOL$310,443$0$28,329$0$0$0$37,808$0$10,435$0$387,015$0$0$0
ROBERT HART
FINANCE & OPERATIONS DIREC$184,684$0$715$0$0$0$10,811$0$0$0$196,210$0$0$0
HANNAH RICHARDSON
FORMER ACTING HEAD OF SCHOOL$192,473$0$0$0$0$0$0$0$0$0$192,473$0$0$0
CHRISTOPHER AMBROSO
ASSOCIATE HEAD OF SCHOOL$136,261$0$671$0$0$0$19,251$0$10,435$0$166,618$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AANGELA G GARCIA RECEIVED A $30,000 ANNUAL HOUSING ALLOWANCE ($2,500/MONTH) AS HEAD OF SCHOOL. THIS AMOUNT WAS INCLUDED ON HER W-2
PART I, LINE 1BNO WRITTEN POLICY IS IN PLACE, BUT HOUSING ALLOWANCE IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD
PART I, LINE 3THE EXECUTIVE COMMITTEE OF THE SCHOOL'S BOARD OF DIRECTORS WHICH INCLUDES THE PRESIDENT OF THE BOARD (WITH ASSISTANCE FROM THE HUMAN RESOURCES DIRECTOR AND THE FINANCE AND OPERATIONS DIRECTOR, WHEN APPLICABLE), LEADS THE PROCESS TO MARKET PRICE THE JOB OF THE HEAD OF SCHOOL. THIS PROCESS IS FOLLOWED WHEN A HEAD OF SCHOOL IS HIRED AS WELL AS EACH TIME A HEAD OF SCHOOL'S CONTRACT IS RENEWED. THIS PROCESS CONSISTS OF 1) GATHERING COMPENSATION DATA FROM COMPARABLE DATA SOURCES, ENSURING THAT APPLICABLE JOB PERFORMANCE IS TAKEN ACCOUNT; 2) DETERMINING A WAGE CONSISTENT WITH THOSE FINDINGS WHILE ENSURING THAT THE RESULTING COMPENSATION FALLS WITHIN THE BOARD APPROVED BUDGET FOR STAFF EXPENSES; 2) PRESENTING A RECOMMENDATION TO THE BOARD OF DIRECTORS AS TO THE COMPENSATION OF THE HEAD OF SCHOOL FOR APPROVAL BY THE BOARD; AND 4) DOCUMENTING THE DECISION OF THE BOARD IN THE BOARD MINUTES. DISCUSSION OF COMPENSATION IS HELD IN A CLOSED SESSION OF THE BOARD OF DIRECTORS.
PART I, LINE 4ACONTACT THE ORGANIZATION FOR ADDITIONAL INFORMATION

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1ILLINOIS FINANCE AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN861091967BondIssuerEIN
Bond Issued2020-08-01BondIssuedDt
Issue Price$8,100,000IssuePriceAmt
PurposeREFUND PRIOR ISSUE, ISSUED 5/27/09 AND FINANCE CERTAIN CAPITAL COSTSPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$8,100,000TotalProceedsAmt
Issuance Costs From Proceeds$126,681IssuanceCostsFromProceedsAmt
Capital Expenditures$1,203,319CapitalExpendituresAmt
Other Spent Proceeds$6,770,000OtherSpentProceedsAmt
Substantial Completion2020SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To RebateYes (1)ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$65,331CashGrantAmt
Type Of AssistanceTUITION ASSISTANCETypeOfAssistanceTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART III, LINE 1FormAndLineReferenceDesc
ExplanationTUITION ASSISTANCE HAS GIVEN TO THE FAMILY MEMBERS OF INTERESTED PERSONS UNDER THE SAME PROCESS, TERMS AND CONDITIONS AS THOSE FOR THE GENERAL PUBLIC. THE NAMES OF THESE INDIVIDUALS ARE NOT SUBJECT TO PUBLIC DISCLOSURE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS, CONSISTING OF EACH OF THE PARENTS OF CHILDREN WHO ARE ENROLLED IN THE SCHOOL FOR CURRENT INSTRUCTION. A PARENT SHALL CEASE TO BE A MEMBER OF THE CORPORATION UPON THE GRADUATION, DISMISSAL OR WITHDRAWAL FROM THE SCHOOL OF THE PARENTS' CHILD OR CHILDREN, PROVIDED, HOWEVER, THAT NO MEMBERSHIP SHALL BE TERMINATED BECAUSE ANY OF THE PARENTS' CHILDREN ARE NOT ATTENDING ANY SUMMER SESSION THAT MAY BE OFFERED.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF THE CORPORATION ELECT THE DIRECTORS AT EACH ANNUAL ELECTION.
FORM 990, PART VI, SECTION B, LINE 11BTHE CONTROLLER AND THE FINANCE AND OPERATIONS DIRECTOR RECEIVE THE COMPLETED FORM 990 FROM THE ACCOUNTING FIRM. THE CONTROLLER AND THE FINANCE AND OPERATIONS DIRECTOR REVIEW THE FORM FOR ACCURACY AND SUBMIT THE COMPLETED FORM TO THE CHAIR OF THE AUDIT COMMITTEE, WHO REVIEWS THE FORM FOR ACCURACY. AFTER THE CHAIR OF THE AUDIT COMMITTEE AND THE CONTROLLER AND THE FINANCE AND OPERATIONS DIRECTOR HAVE COMPLETED THEIR REVIEW, THE FORM 990 IS MADE AVAILABLE BY EMAIL TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT. UPON BOARD OR EXECUTIVE COMMITTEE APPROVAL OF THE AUDIT REPORT AND FORM 990, THE BOARD PRESIDENT SIGNS BOTH THE FEDERAL AND STATE RETURNS TO BE FILED IN TIMELY MANNER.
FORM 990, PART VI, SECTION B, LINE 12CIN SEPTEMBER OF EACH YEAR, THE CONTROLLER AND/OR THE FINANCE AND OPERATIONS DIRECTOR DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND THE ANNUAL AFFIRMATION FORM TO ALL INTERESTED PERSONS. (I.E. VOTING MEMBERS OF THE BOARD, VOTING MEMBERS OF ANY COMMITTEES OF THE BOARD; THE SCHOOL'S HEAD OF SCHOOL, FINANCE AND OPERATIONS DIRECTOR, DEVELOPMENT DIRECTOR, LOWER SCHOOL DIRECTOR, ELEMENTARY SCHOOL DIRECTOR, UPPER SCHOOL DIRECTOR, HUMAN RESOURCES DIRECTOR AND DIVERSITY DIRECTOR. THE ANNUAL AFFIRMATION FORM IS SIGNED BY ALL INTERESTED PERSONS, AFFIRMING THAT THE INDIVIDUAL RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, THAT THEY HAVE READ THE POLICY, THAT THEY AGREE TO COMPLY WITH THE POLICY AND THAT THEY UNDERSTAND THAT THE SCHOOL IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE IN ACTIVITIES WHICH PRIMARILY ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. THE SIGNED FORM IS GIVEN TO THE CONTROLLER AND/OR THE FINANCE AND OPERATIONS DIRECTOR, WHO CHECK TO MAKE SURE THE FORMS ARE ALL AFFIRMATIVE, AND THEN MAINTAIN THE FORMS ON FILE.
FORM 990, PART VI, SECTION B, LINE 15FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE SCHOOL'S BOARD OF DIRECTORS WHICH INCLUDES THE PRESIDENT OF THE BOARD (WITH ASSISTANCE FROM THE HUMAN RESOURCES DIRECTOR AND THE FINANCE AND OPERATIONS DIRECTOR, WHEN APPLICABLE), LEADS THE PROCESS TO MARKET PRICE THE JOB OF THE HEAD OF SCHOOL. THIS PROCESS IS FOLLOWED WHEN A HEAD OF SCHOOL IS HIRED AS WELL AS EACH TIME A HEAD OF SCHOOL'S CONTRACT IS RENEWED. THIS PROCESS CONSISTS OF 1) GATHERING COMPENSATION DATA FROM COMPARABLE DATA SOURCES, ENSURING THAT APPLICABLE JOB PERFORMANCE IS TAKEN ACCOUNT; 2) DETERMINING A WAGE CONSISTENT WITH THOSE FINDINGS WHILE ENSURING THAT THE RESULTING COMPENSATION FALLS WITHIN THE BOARD APPROVED BUDGET FOR STAFF EXPENSES; 2) PRESENTING A RECOMMENDATION TO THE BOARD OF DIRECTORS AS TO THE COMPENSATION OF THE HEAD OF SCHOOL FOR APPROVAL BY THE BOARD; AND 4) DOCUMENTING THE DECISION OF THE BOARD IN THE BOARD MINUTES. DISCUSSION OF COMPENSATION IS HELD IN A CLOSED SESSION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15B THE HEAD OF SCHOOL, HUMAN RESOURCES DIRECTOR AND THE FINANCE AND OPERATIONS DIRECTOR LEAD THE PROCESS TO MARKET PRICE THE JOBS AND OTHER DIRECTORS OR KEY EMPLOYEES. THE COMPENSATION COMMITTEE MAY ASSIST OR REVIEW GENERAL COMPENSATION RANGES FOR THESE ROLES. THIS PROCESS IS FOLLOWED WHEN A DIRECTOR/KEY EMPLOYEES IS HIRED AS WELL AS EACH TIME A DIRECTOR/KEY EMPLOYEE'S SALARY IS ADJUSTED. THIS PROCESS CONSISTS OF GATHERING COMPENSATION DATA FROM COMPARABLE DATA SOURCES, ENSURING THAT APPLICABLE JOB PERFORMANCE IS TAKEN INTO ACCOUNT, AND ULTIMATELY DETERMINING A WAGE CONSISTENT WITH THOSE FINDING WHILE ENSURING THAT THE RESULTING COMPENSATION FALLS WITHIN THE BOARD APPROVED BUDGET FOR STAFF EXPENSES. A WAGE REVIEW IS DONE ANNUALLY AS THE BUDGET IS BEING DETERMINED AND AGAIN PRIOR TO AUGUST 1 OF EACH YEAR, WHEN NEW WAGES TAKE EFFECT.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PDF VERSIONS ARE AVAILABLE AT NO CHARGE AND WILL BE PROVIDED WITHIN 5 BUSINESS DAYS OF THE REQUEST (OR AS SOON AS ADMINISTRATIVELY POSSIBLE). PRINTED COPIES WILL BE PROVIDED 7-10 BUSINESS DAYS OF THE REQUEST (OR AS SOON AS ADMINISTRATIVELY POSSIBLE). THE SCHOOL RESERVES THE RIGHT TO CHARGE A REASONABLE COPYING FEE PLUS POSTAGE FOR REQUESTS FOR PRINTED COPIES.
FORM 990, PART XII, LINE 2CNO CHANGES HAVE BEEN MADE IN THE PROCESS SINCE THE PRIOR YEAR.

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