2024-05-08T15:25:03-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2022-07-01 270681058 PEORIA CHARTER SCHOOL INITIATIVE CO NFP PEOR 3094020030 2503 N UNIVERSITY ST PEORIA IL 616042601 GLEN ROSS CFO 3094020030 2024-05-07 1 GLEN ROSS XXX-XX-XXXX 1 SAMUEL A CIGELNIK P00324762 3096714500 2024-05-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z QUEST CHARTER ACADEMY GLEN ROSS 2503 N UNIVERSITY ST PEORIA IL 616042601 6808585 0 X WWW.QUESTPEORIA.ORG X 2009 IL THE MISSION OF THE ORGANIZATION IS TO PROVIDE CHILDREN IN GRADES 5 THROUGH 12, A COLLEGE PREPARATORY EDUCATION FOCUSING ON MATH, SCIENCE AND TECHNOLOGY. 9 9 90 0 0 0 179747 882929 7273870 5861175 4699 422 0 64059 7458316 6808585 9826 6230 0 0 5792757 6018006 0 0 0 1886138 1961706 7688721 7985942 -230405 -1177357 5783891 4895175 470524 759165 5313367 4136010 THE MISSION OF THE ORGANIZATION IS TO PROVIDE CHILDREN IN GRADES 5 THROUGH 12, A COLLEGE PREPARATORY EDUCATION FOCUSING ON MATH, SCIENCE, AND TECHNOLOGY. 0 0 5344229 6230 5565326 THE SCHOOL SUCCESSFULLY EDUCATED 407 STUDENTS IN SCHOOL YEAR 2022-2023. THIS EDUCATION FOCUSES ON PREPARING THE STUDENTS FOR HIGH SCHOOL AND COLLEGE. 643027 359908 THE SCHOOL SUCCESSFULLY EDUCATED 407 STUDENTS IN SCHOOL YEAR 2022-2023. THIS EDUCATION FOCUSES ON PREPARING THE STUDENTS FOR HIGH SCHOOL AND COLLEGE. THIS PORTION REPRESENTS THE FOOD SERVICE AND STUDENT TRANSPORTATION SERVICES PROVIDED BY THE SCHOOL. 5987256 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 90 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BAILEY CONROY 3094020030 2503 N UNIVERSITY STREET PEORIA IL 61604 GLENN ROSS PRESIDENT 1.00 X X 0 0 0 DR JOHN F GILLIGAN FINANCE CHAIR 0.75 X X 0 0 0 JAN LEONARD SECRETARY 0.75 X X 0 0 0 MICKEISHA ARMSTRONG BOARD MEMBER 0.50 X 0 0 0 VICTORIA AYIKU BOARD MEMBER 0.50 X 0 0 0 POLLY BARTON BOARD MEMBER 0.50 X 0 0 0 COLLEEN DIGIALLONNARDO BOARD MEMBER 0.50 X 0 0 0 FRANCINE MARTIN BOARD MEMBER 0.50 X 0 0 0 DR KIRAN VELPULA BOARD MEMBER 0.50 X 0 0 0 DEBORAH LAHOOD BUSINESS MANAGER 50.00 X 171544 0 30322 DR TAUNYA JENKINS EXECUTIVE DIRECTOR 50.00 X 286077 0 47543 ROBYN MCCRACKEN PRINCIPAL - HIGH SCHOOL 50.00 X 113198 0 20672 ROBERT DOWNEY DIRECTOR OF TECHNOLOGY 50.00 X 109981 0 29918 MICHELLE CRUZ PRINCIPAL - MIDDLE SCHOOL 50.00 X 121728 0 36674 802528 0 165129 5 0 1 0 FIRST STUDENT INC 22157 NETWORK PLACE CHICAGO IL 606731221 SCHOOL BUS SERVICE 409415 ARAMARK 900 KOCH ST SUITE 2 PEKIN IL 61554 FOOD SERVICES 184590 2 2000 784885 96044 784885 882929 REVENUE FROM PUBLIC SC 611600 5437963 5437963 FOOD SERVICE 611600 306257 306257 STUDENT FEES 611600 54073 54073 TRANSPORTATION 611600 53651 53651 ATHLETICS 611600 9231 9231 5861175 422 422 MISCELLANEOUS REVENUE 900099 64059 64059 64059 6808585 5925234 0 422 X 6230 6230 502005 502005 4205146 3307006 898140 320783 220649 100134 741317 527497 213820 248755 171105 77650 13200 3168 10032 29404 7057 22347 14238 3417 10821 29511 29511 530782 530782 12548 12548 202685 202685 74573 74573 STUDENT TRANSPORTATION 436590 436590 ACTIVITIES AND PROGRAMS 206870 165611 41259 FOOD SERVICE 206437 206437 OFFICE EQUIPMENT MAINTE 113184 106059 7125 91684 63452 28232 7985942 5987256 1998686 0 4028788 119637 2690013 322503 503041 20756 55759 3506902 2051788 853184 1455114 558660 71611 5783891 4895175 470524 759165 470524 759165 X 5028102 3856975 285265 279035 5313367 4136010 5783891 4895175 -1177357 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 301190 110436 190754 1578953 1164889 414064 841874 776463 65411 784885 784885 1455114 X 6814815 6230 6230 6808585 0 6808585 7985942 0 7985942 0 7985942 PART X, LINE 2: THE SCHOOL RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A 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 SCHOOL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBI). THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGMENT. THE SCHOOL BELIEVES THAT ALL ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL FILES FORMS 990 IN THE U.S. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTION 6,230. 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 POLICY HAS BEEN EXPLAINED THROUGH OUR SCHOOL BROCHURES AND IN OUR GENERAL APPLICATION / REGISTRATION PROCESS. SCHEDULE E, PART I, LINE 6 $5,437,963 - GRANTS FROM PEORIA SCHOOL DISTRICT #150 TO OPERATE SCHOOL 0 SCHOLARSHIPS 5 6230 0 0 0 0 0 0 0 0 0 DR TAUNYA JENKINS EXECUTIVE DIRECTOR 249436 0 36641 0 0 0 31898 0 15645 0 333620 0 0 0 DEBORAH LAHOOD BUSINESS MANAGER 156279 0 15265 0 0 0 15337 0 14985 0 201866 0 0 0 MICHELLE CRUZ PRINCIPAL - MIDDLE SCHOOL 121728 0 0 0 0 0 13573 0 23101 0 158402 0 0 0 X BUILDING IMPROVEMENTS 1 784885 COST 0 0 0 PART I, COLUMN (B): ONE DONOR CONTRIBUTED THE BUILDING IMPROVEMENTS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH PUBLICLY AVAILABLE BOARD MEETING DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST ANNUALLY DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS FORMALLY REVIEWED ANNUALLY BY THE BOARD PRESIDENT AND THE BOARD HR MEMBER. BOARD CONSIDERATION INCLUDES THE SCHOOL'S PERFORMANCE. THE FULL BOARD APPROVES THE CEO'S COMPENSATION ANNUALLY. ALL OTHER SALARIES ARE REVIEWED IN REGARD TO INDUSTRY STANDARDS BY THE CEO. DURING A CURRENT YEAR FOR THE FOLLOWING YEAR, THE SALARIES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD WHEN THE BUDGET FOR THE FOLLOWING YEAR IS APPROVED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH PUBLICLY AVAILABLE BOARD MEETING DOCUMENTS. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 43,962. MANAGEMENT AND GENERAL EXPENSES 11,422. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,384. STAFF RECRUITMENT: PROGRAM SERVICE EXPENSES 19,490. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,490. MEMBERSHIP & MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,236. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,236. POSTAGE, SHIPPING AND DELIVERY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,666. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,666. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,908. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,908. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS THE AUDIT COMMITTEE AND IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM LAST YEAR.