2024-04-25T15:30:19-05:00 2023-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1600 CHICAGO IL 60611 990 2022-07-01 364141583 CHICAGO CHARTER SCHOOL FOUNDATION CHIC 3126515000 11 EAST ADAMS 600 CHICAGO IL 60603 KRIS CHEUNG CHIEF EXECUTIVE OFFICER 3126515000 2024-04-15 1 KRIS CHEUNG 999009999 0 JAMES G QUAID P00641738 3126707444 2024-04-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHICAGO INTERNATIONAL CHARTER SCHOOL KRIS CHEUNG 11 EAST ADAMS 600 CHICAGO IL 60603 135154116 0 X WWW.CHICAGOINTL.ORG X 1997 IL OUR VIBRANT NETWORK OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. 8 8 422 8 0 0 118583279 115586281 7521730 6923385 778751 484635 36343 109057 126920103 123103358 0 0 0 0 76654672 79188960 0 0 25422 44079359 42369097 120734031 121558057 6186072 1545301 120200318 117812382 71020650 66662855 49179668 51149527 OUR VIBRANT NETWORK OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. 0 0 99199975 6923385 PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH THROUGH THE OPERATION OF 13 CAMPUS LOCATIONS SERVING 7,127 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE DURING FY JUNE 30, 2023. CICS' VIBRANT HUB OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. 99199975 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 103 0 422 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 3126515000 11 EAST ADAMS 600 CHICAGO IL 60603 DAVID BLINDERMAN PRESIDENT 2.00 X 0 0 0 DAVID CHIZEWER DIRECTOR 2.00 X 0 0 0 TIFFANY N JOHNSON DIRECTOR 2.00 X 0 0 0 VENKAT MADDILA DIRECTOR 2.00 X 0 0 0 MARK MORGAN DIRECTOR 2.00 X 0 0 0 BRIAN NOVELLINE DIRECTOR 2.00 X 0 0 0 ILEANA P RODRIGUEZ DIRECTOR 2.00 X 0 0 0 EVAN SHARP DIRECTOR 2.00 X 0 0 0 KRIS CHEUNG CHIEF EXECUTIVE OFFICER 40.00 X 318795 0 543 CHRISTINE LEUNG PRESIDENT 40.00 X 201753 0 35296 TORRY BENNETT-DAVIS CEP CHIEF EXECUTIVE OFFICER 40.00 X 177990 0 26758 LAHARI GOUD CEP PRESIDENT 40.00 X 182738 0 12928 PELIN DENIZ CHIEF OPERATIONS OFFICER 40.00 X 180567 0 8705 EDWINDRA JOHNSON CHIEF PEOPLE OFFICER - TERM 40.00 X 164589 0 11996 DERRICK ORR CEP SCHOOL PRINCIPAL 40.00 X 145428 0 23213 ALLISON HANSEN CHIEF ACADEMIC OFFICER 40.00 X 161135 0 6131 LINDSEY GIRARD SCHOOL DIRECTOR 40.00 X 161230 0 0 TAQUIA HYLTON CEP SCHOOL PRINCIPAL 40.00 X 139405 0 6586 PETE PELLEGRINO CHIEF FINANCIAL OFFICER - TERM 40.00 X 93933 0 17254 YESICA RUFINO-PEREZ CHIEF GOVERNANCE OFFICER 40.00 X 158538 0 6933 MATSUO MARTI CHIEF SCHOOLS OFFICER 40.00 X 140939 0 5351 TYSON DANIEL SCHOOL PRINCIPAL 40.00 X 135876 0 9056 CHRYSTAL FIELDS MANAGING DIR OF STUDENT AND FAM SUPP 40.00 X 131048 0 0 ALAN JACKSON DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 123536 0 5718 2617500 0 176468 21 0 1 0 PROGRESSUS THERAPY LLC 2701 NORTH ROCKY POINT DRIVE SUITE TAMPA FL 33634 SCHOOL-BASED THERAPY 505603 NORTHCREEK 633 BROADMOOR AVE MUNSTER IN 46321 FACILITIES AND MAINTENANCE SERVICES 247155 ROSE PAVING LLC 7300 W 100TH PLACE BRIDGEVIEW IL 60455 PAVING 204998 DARRICK BOBO 1200 RING ROAD 1506 CALUMET CITY IL 60409 ELECTRICIAN 167132 SCHOOL FOOD & WELLNESS GROUP 804 MAIN ST STE C-322 BATON ROUGE LA 70802 CAMPUS FOOD MANAGEMENT 146868 8 115454347 131934 375304 115586281 SCHOOL LUNCH PROGRAM 611600 5759682 5759682 STUDENT FEES, BOOKSTORE, EXTENDED 611600 1163703 1163703 6923385 670658 670658 11864735 11945336 105422 -80601 -105422 -186023 -186023 OTHER INCOME 611600 109057 109057 109057 123103358 6923385 0 593692 2003166 543960 1436724 22482 62189467 56242577 5946890 6875886 6285163 590442 281 5619977 4899123 719877 977 2500464 2049581 449201 1682 4954675 4954675 7033941 4263674 2770267 7803789 5174886 2628903 5857897 5602955 254942 2217807 2211297 6510 4646303 4558236 88067 STUDENT PROGRAMS 7368523 7368523 CPS ADMIN FEE 2486162 2486162 121558057 99199975 22332660 25422 27065733 33727244 8510188 2960036 564618 328717 107538730 57121145 44820446 50417585 21952456 16840130 17286877 13538670 120200318 117812382 9798943 8802248 113510 48192807 47227650 331004 331004 12697896 10188443 71020650 66662855 X 49155509 51122527 24159 27000 49179668 51149527 120200318 117812382 1545301 424558 0 X 0 1 X 1 1 1 X 100842948 102991448 107368944 118583279 115586281 545372900 586645 584407 923692 459765 448978 3003487 101429593 103575855 108292636 119043044 116035259 548376387 548376387 897962 730377 518933 455427 670658 3273357 452336 99218 67694 36343 109057 764648 552414392 31778699 0.99270 0.99200 X 2015386 2015386 73366895 31739434 41627461 19031625 16286258 2745367 10150669 9095453 1055216 2974155 2974155 50417585 DEPOSITS 32233 CASH & INVESTMENTS RESTRICTED BY BOND INDENTURE 4312738 ROU ASSETS 9193699 13538670 OPERATING AND FINANCE LEASES 9860069 DUE TO MANAGEMENT COMPANIES 328374 10188443 X 123976894 424558 448978 873536 123103358 0 123103358 122007035 448978 448978 121558057 0 121558057 PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THROUGH THE SCHOOL MANAGEMENT ORGANIZATIONS AND APPLICATION PROCESS, THE FOUNDATION FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. COPIES OF THE POLICY ARE AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 THE FOUNDATION RECEIVES FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS TO ASSIST IN THE FOUNDATION'S EFFORTS TO PROVIDE A FREE EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT. X X 0 0 0 0 0 0 0 0 0 KRIS CHEUNG CHIEF EXECUTIVE OFFICER 318795 0 0 0 0 0 0 0 543 0 319338 0 0 0 CHRISTINE LEUNG PRESIDENT 201753 0 0 0 0 0 19500 0 15796 0 237049 0 0 0 TORRY BENNETT-DAVIS CEP CHIEF EXECUTIVE OFFICER 177990 0 0 0 0 0 19577 0 7181 0 204748 0 0 0 LAHARI GOUD CEP PRESIDENT 182738 0 0 0 0 0 6706 0 6222 0 195666 0 0 0 PELIN DENIZ CHIEF OPERATIONS OFFICER 180567 0 0 0 0 0 4537 0 4168 0 189272 0 0 0 EDWINDRA JOHNSON CHIEF PEOPLE OFFICER - TERM 164589 0 0 0 0 0 5865 0 6131 0 176585 0 0 0 DERRICK ORR CEP SCHOOL PRINCIPAL 145428 0 0 0 0 0 18481 0 4732 0 168641 0 0 0 ALLISON HANSEN CHIEF ACADEMIC OFFICER 161135 0 0 0 0 0 0 0 6131 0 167266 0 0 0 YESICA RUFINO-PEREZ CHIEF GOVERNANCE OFFICER 158538 0 0 0 0 0 0 0 6933 0 165471 0 0 0 LINDSEY GIRARD SCHOOL DIRECTOR 161230 0 0 0 0 0 0 0 0 0 161230 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 452022BR6 2017-11-30 54626298 IFA SERIES 2017 BOND, SEE PART VI 0 0 0 A 4215000 55036372 3229386 1030286 11777092 38999608 2020 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 1 0 0 0 0 1 A 1 SCHEDULE K, PART I A(F) TO REFUND SERIES 2007 BONDS AND TO FINANCE FACILITY IMPROVEMENTS AT THE NORTHTOWN, LONGWOOD, AND BASIL CAMPUSES. SCHEDULE K, PART II, LINE 3 THE AMOUNT INCLUDES INVESTMENT EARNINGS ON THE PROJECT FUND AND ON THE RESERVE FUND FOR THE PERIOD ENDING 6/30/23. SCHEDULE K, PART II, LINE 4 AMOUNT SHOWN IS THE AMOUNT ON DEPOSIT ON 6/30/23, WHICH IS DIFFERENT FROM THE AMOUNT INITIALLY DEPOSITED IN THE RESERVE OF $3,180,000. SCHEDULE K, PART II, LINE 11 THIS AMOUNT WAS USED TO REFUND PRIOR BONDS. SCHEDULE K, PART III, LINE 4 THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS BY ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR A STATE OR LOCAL GOVERNMENT IS ZERO. SCHEDULE K, PART III, LINE 5 THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY CARRIED ON BY THE ORGANIZATION, ANOTHER 501(C)(3) ORGANIZATION, OR A STATE OR LOCAL GOVERNMENT IS ZERO. SCHEDULE K, PART IV, LINE 2C ON OR ABOUT NOVEMBER 2022 THERE WAS NO REBATE EXPOSURE AT THAT TIME. X FOOD COMMODITIES 1 375304 WHOLESALE VALUE 0 0 0 PART IV LINE 24C - TAX-EXEMPT BONDS: A TRUSTEE DOES MAINTAIN A DEBT SERVICE RESERVE FUND AND A CAPITALIZED INTEREST FUND FOR TAX-EXMPT BONDS, BUT SINCE THESE FUNDS ARE NOT USED TO DEFEASE ANY TAX-EXEMPT BONDS, THE ORGANIZATION HAS ANSWERED "NO" TO #24C. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE ASSISTS IN PREPARING AND THEN REVIEWS A DRAFT OF FORM 990 THAT IS INITIALLY PREPARED BY THE FOUNDATION'S CPA FIRM. A FINAL COPY OF FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT OR BOARD MEMBERS BRING ANY POTENTIAL CONFLICTS OF INTEREST TO THE ATTENTION OF THE BOARD FOR REVIEW AND DISCUSSION. THE FOUNDATION ACTIVELY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY AND REQUESTS EACH BOARD MEMBER TO SIGN ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE, INCLUDING THE BOARD TREASURER AND OTHER DESIGNATED BOARD MEMBERS, REVIEW THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. IN ADDITION, THE FINANCE COMMITTEE REVIEWS THE COMPENSATION OF ALL EMPLOYEES AS PART OF THE ANNUAL BUDGET REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION FURNISHES ITS ANNUAL AUDITED FINANCIAL STATEMENTS UPON REQUEST. SCHEDULE R PART I - IDENTIFICATION OF DISREGARDED ENTITIES: THE FOUNDATION IS THE SOLE MANAGER AS WELL AS THE SOLE MEMBER OF CIVITAS EDUCATION PARTNERS, LLC. THE FOUNDATION IS THE SOLE MANAGER OF CIVITAS SCHOOLS, LLC. CIVITAS EDUCATION PARTNERS, LLC IS THE SOLE MEMBER OF CIVITAS SCHOOLS, LLC. THE INFO REPORTED ON SCHEDULE R PART I FOR CIVITAS EDUCATION PARTNERS, LLC INCLUDES INFO OF CIVITAS SCHOOLS, LLC. CIVITAS EDUCATION PARTNERS LLC 901 WEST JACKSON BOULEVARD SUITE 20 CHICAGO IL 60607 452578723 SCHOOL MANAGEMENT COMPANY IL 32934380 8424893 CHICAGO CHARTER SCHOOL FOUNDATION CHICAGO INTERNATIONAL CHARTER SCHOOL BACK-OFFICE SERVICES 11 E ADAMS SUITE 600 CHICAGO IL 60603 825440045 ADMINISTRATIVE SERVICES IL CHICAGO CHARTER SCHOOL FOUNDATION C 8170 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1