2024-03-22T11:10:45-05:00 2023-06-30 362886485 DUGAN & LOPATKA CPA'S PC 4320 WINFIELD ROAD SUITE 450 WARRENVILLE IL 605554036 990 2022-07-01 361502650 MORGAN PARK ACADEMY MORG 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 KISHORE PALURI BOARD PRESIDENT 7738816700 2024-03-13 1 KISHORE PALURI 999009999 0 RON MARKLUND P01985511 6306654440 2024-03-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KISHORE PALURI 2153 WEST 111TH STREET CHICAGO IL 60643 10949624 0 X WWW.MORGANPARKACADEMY.ORG X 1942 IL A PRIVATE INDEPENDENT SCHOOL FOR PRE-SCHOOL - 12TH GRADE 7 7 166 150 0 0 419041 778545 9077573 9332207 19287 24304 113713 35242 9629614 10170298 2625765 2610684 0 0 5050711 4884804 0 0 131667 1760238 2402459 9436714 9897947 192900 272351 7353923 7415029 4339892 4056876 3014031 3358153 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 0 0 8685755 2610684 9354100 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 AND HAS APPROXIMATELY 440 STUDENTS. THE ACADEMY RECEIVES DONATED SERVICES FROM PARENTS OF STUDENTS. THE VALUE OF THESE SERVICES CANNOT BE DETERMINED. 8685755 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 166 1 0 0 0 0 0 1 1 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 X JULIE CUADROS-PERRY 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 KISHORE PALURI BOARD PRESIDENT 4.00 X X 0 0 0 ELGIE SIMS BOARD VICE PRESIDENT 4.00 X X 0 0 0 TORRENCE MOORE BOARD TREASURER 4.00 X X 0 0 0 ANDREA DURBIN BOARD SECRETARY 4.00 X X 0 0 0 MARCUS CRAWFORD BOARD MEMBER 4.00 X 0 0 0 AMY DELANEY BOARD MEMBER 4.00 X 0 0 0 KARIN NORINGTON-REAVES BOARD MEMBER 4.00 X 0 0 0 MERCEDES SHEPPARD HEAD OF SCHOOL 50.00 X 216720 0 4351 JULIE CUADROS-PERRY DIRECTOR OF FINANCE 40.00 X 100806 0 19351 VINCENT HERMOSILLA ASSISTANT HEAD OF SCHOOL 40.00 X 110224 0 2037 427750 0 25739 3 0 1 0 0 489486 111769 177290 36775 778545 TUITION 611600 9051125 9051125 ACTIVITIES & SERVICES 611710 281082 281082 9332207 23539 23539 155769 45775 109994 109994 109994 558296 557531 765 765 765 79375 489486 176020 -96645 -96645 OTHER MISCELLANEOUS INCOME 900099 21893 21893 21893 10170298 9354100 0 37653 X 2610684 2610684 341228 267712 67039 6477 3945290 3095295 775114 74881 31785 24938 6244 603 233097 182878 45796 4423 333404 261574 65502 6328 10746 10746 99702 95700 3649 353 87390 87390 119796 116275 3521 99592 99592 898933 898933 19160 19160 128580 128580 280522 280522 101349 101349 EQUIPMENT 111769 111769 AFTER SCHOOL PROGRAM 106541 106541 STUDENT SERVICES 100020 100020 SUMMER SCHOOL 65897 65897 172462 132295 5086 35081 9897947 8685755 1080525 131667 728444 831077 112596 117903 33649 88306 10585245 5408363 5282885 5176882 1124861 1090040 71488 110821 7353923 7415029 318504 430459 1410002 1127324 2611386 2499093 4339892 4056876 X 1750255 2083343 1263776 1274810 3014031 3358153 7353923 7415029 272351 71771 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 252919 11034 263953 266530 15575 1964 252919 321000 34204 88674 266530 321000 321000 171000 150000 321000 0.88000 0.12000 0 0 676996 676996 7466824 3347785 4119039 670068 514876 155192 1232671 1035769 196902 538686 509933 28753 5176882 X 7693890 71771 185020 256791 7437099 10746 2722453 2733199 10170298 7349768 185020 185020 7164748 10746 2722453 2733199 9897947 PART V, LINE 4: FACULTY ENDOWMENT: ATTRACT AND RETAIN THE BEST TEACHERS; SCHOLARSHIP ENDOWMENT: ENROLL ENGAGED AND DEDICATED STUDENTS; CURRICULUM ENDOWMENT: CONTINUALLY ADVANCE OUR CURRICULUM PART X, LINE 2: THE ACADEMY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE ACADEMY IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2020. THE ACADEMY DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 139,245. RENT OF FACILITY 45,775. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,610,684. TITLE IIA GRANT 32,206. TITLE IV GRANT 79,563. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 139,245. RENT OF FACILITY 45,775. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,610,684. TITLE IIA TRAINING EXPENSE 32,206. TITLE IV TRAINING EXPENSE 79,563. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN SCHOOL ADVERTISEMENTS SOLICITING STUDENTS IN SEVERAL DIFFERENT NEWSPAPERS. SCHEDULE E, PART I, LINE 6 THE ACADEMY RECEIVES TITLE IIA MONEY FOR PROFESSIONAL DEVELOPMENT OF FACULTY. THE ACADEMY RECEIVES TITLE IV MONEY FOR SECURITY. THE ACADEMY RECEIVES GEERF MONEY FOR EQUIPMENT EXPENDITURES. THE ACADEMY RECEIVES ESSER MONEY FOR PLANT, PROPERTY, AND EQUIPMENT EXPENDITURES. GALA 542856 466781 76075 36775 86054 2300 36697 GOLF OUTING 26005 22705 3300 14194 568861 489486 79375 36775 14194 86054 2300 36697 176020 -96645 1 FINANCIAL ASSISTANCE 350 2610684 TUITION REDUCTION PART I, LINE 2: RECIPIENTS OF SCHOLARSHIPS ARE DETERMINED BY THE ACADEMIC QUALIFICATIONS OF INDIVIDUALS APPLYING FOR OR WHO ARE CURRENT STUDENTS OF THE ACADEMY. NO CASH IS AWARDED TO RECIPIENTS; ALL GRANTS AND SCHOLARSHIPS ARE IN THE FORM OF REDUCED TUITION. X 0 1 X X 0 0 0 0 0 0 0 0 0 MERCEDES SHEPPARD HEAD OF SCHOOL 216720 0 0 0 0 0 4351 0 0 0 221071 0 0 0 PART I, LINE 1B HEAD OF SCHOOL RESIDES IN HOUSING ON CAMPUS OWNED BY THE ACADEMY. X AUCTION PRIZES 98 34775 FMV X RAFFLE PRIZES 2 2000 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B COPY OF FORM 990 IS MADE AVAILABLE UPON REQUEST. THE CHIEF FINANCIAL OFFICER REVIEWS THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY CALLS FOR OFFICERS TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE HEAD OF SCHOOL'S CONTRACT ANNUALLY AND DETERMINES LENGTH OF CONTRACT AND COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G PAYROLL FEES: PROGRAM SERVICE EXPENSES 14,573. MANAGEMENT AND GENERAL EXPENSES 3,649. FUNDRAISING EXPENSES 353. TOTAL EXPENSES 18,575. LEGAL AND ACCOUNTING: PROGRAM SERVICE EXPENSES 81,127. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,127. FORM 990, PART IX, LINE 24E INSTRUCTIONAL: PROGRAM SERVICE EXPENSES 62,380. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,380. ATHLETIC DEPARTMENT: PROGRAM SERVICE EXPENSES 49,606. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,606. SCHOOL DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 34,590. TOTAL EXPENSES 34,590. WORKERS COMPENSATION INSURANCE: PROGRAM SERVICE EXPENSES 20,309. MANAGEMENT AND GENERAL EXPENSES 5,086. FUNDRAISING EXPENSES 491. TOTAL EXPENSES 25,886. FORM 990, PART XII, LINE 2C: NO CHANGES WERE MADE IN THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.