2025-05-15T17:00:19-05:00 2024-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 200 W ADAMS STREET STE 2015 CHICAGO IL 60606 990 2023-07-01 366095133 CHICAGO WALDORF SCHOOL CHIC 7734652662 5200 N ASHLAND AVENUE CHICAGO IL 60640 FRASER COFFEEN ADMINISTRATIVE DIRECTOR 7734652662 2025-05-15 1 1 MELANIE MCPEAK P01346034 3123462191 2023 2025-03-06 01:10:19Z FRASER COFFEEN 5200 N ASHLAND AVENUE CHICAGO IL 60640 10077202 0 X WWW.CHICAGOWALDORF.ORG X 1959 IL PROVIDING AND PROMOTING WALDORF EDUCATION FROM EARLY CHILDHOOD THROUGH THE TWELFTH GRADE AND PROMOTING WALDORF EDUCATION THROUGH COMMUNITY OUTREACH. 16 13 71 125 0 0 390117 1044530 8465260 8913623 2647 14154 43642 46493 8901666 10018800 3514559 4230578 0 0 3426333 3864935 0 0 234566 2429256 2438805 9370148 10534318 -468482 -515518 13465263 12729021 7865485 7642968 5599778 5086053 PROVIDING AND PROMOTING WALDORF EDUCATION FROM EARLY CHILDHOOD THROUGH THE TWELFTH GRADE AND PROMOTING WALDORF EDUCATION THROUGH COMMUNITY OUTREACH. 0 0 9016451 4230578 8913623 EDUCATIONAL PROGRAM AND SCHOOL, EARLY CHILDHOOD THROUGH TWELFTH GRADE. 9016451 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 99 0 1 71 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FRASER COFFEEN 7734652662 5200 N ASHLAND CHICAGO IL 60640 JASMINE HASANBEGOVIC FACULTY TRUSTEE (7/1/23-11/30/23) 40.00 0.00 X 55336 0 27343 NANCY SZYMANSKI FACULTY TRUSTEE (2/13/24-3/31/24) 40.00 0.00 X 51809 0 6746 DANIEL HALLUM FACULTY TRUSTEE 40.00 0.00 X 50150 0 47830 SYLVIE DESOUCHES FACULTY TRUSTEE 40.00 0.00 X 47994 0 5388 ANTHONY BELLAGAMBA FACULTY TRUSTEE 40.00 0.00 X 46250 0 44994 KAREN ANDERSON BOARD CHAIR 10.00 0.00 X X 0 0 0 DAN HOFFMANN VICE PRESIDENT 5.00 0.00 X X 0 0 0 LARA BLUMSTEIN VICE PRESIDENT 5.00 0.00 X X 0 0 0 CHRYSTAL POZIN TREASURER 5.00 0.00 X X 0 0 0 MATT EGING SECRETARY 5.00 0.00 X X 0 0 0 TARAH HARTUNG TRUSTEE 2.00 0.00 X 0 0 0 NGANDU KASUKU TRUSTEE 2.00 0.00 X 0 0 0 JAMES LOW TRUSTEE (9/13/23-6/30/24) 2.00 0.00 X 0 0 0 JESSICA MCCARTHY TRUSTEE 2.00 0.00 X 0 0 0 LISA MEEHAN TRUSTEE 2.00 0.00 X 0 0 0 LAURA REISCHEL TRUSTEE 2.00 0.00 X 0 0 0 HERNAN SIERRA TRUSTEE 2.00 0.00 X 0 0 0 ANNE WAGNER TRUSTEE 2.00 0.00 X 0 0 0 ANDREA SHAFFER FACULTY DIRECTOR 40.00 0.00 X 84612 0 12900 FRASER COFFEEN ADMINISTRATIVE DIRECTOR 40.00 0.00 X 84522 0 54625 420673 0 199826 0 0 0 0 M&M CLEANING SERVICES 3343 S LARAMIE AVE CICERO IL 60804 JANITORIAL SERVICES 137720 1 397800 338912 307818 83717 1044530 TUITION AND FEES 611710 8879722 8879722 MISCELLANEOUS PROGRAM INCOME 900099 33901 33901 8913623 14154 14154 104895 397800 58402 46493 46493 10018800 8913623 0 60647 4230578 4230578 357654 287547 53353 16754 2992731 2406098 446441 140192 307404 247147 45857 14400 207146 166541 30901 9704 4659 4659 5050 5050 34633 34633 45879 45879 116516 116516 155726 155726 358508 326722 31786 541864 424645 87648 29571 438768 343851 70972 23945 140004 140004 ACADEMIC SUPPLIES AND S 432549 432549 BAD DEBT EXPENSE 128875 128875 STAFF DEVELOPMENT 25173 15043 10130 10601 6855 3746 10534318 9016451 1283301 234566 1727467 1423781 126441 176308 98545 98505 14066884 3294225 11211427 10772659 102314 107448 199069 150320 13465263 12729021 142953 70067 316215 165692 575621 0 6627136 7250406 203560 156803 7865485 7642968 X 5384089 4865227 215689 220826 5599778 5086053 13465263 12729021 -515518 1793 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 126413 5137 131550 125061 1352 126413 177237 -3519 48657 125061 174914 2323 177237 171543 250 3121 174914 0.00000 0.92230 0.07770 0 0 1231000 1231000 11778913 2269861 9509052 1009071 976464 32607 47900 47900 0 10772659 OBLIGATION UNDER OPERATING LEASE 156803 156803 X 6743919 1793 58402 60195 6683724 3335076 3335076 10018800 7257644 58402 58402 7199242 3335076 3335076 10534318 PART V, LINE 4: THE SCHOOL HAS THREE ENDOWMENT FUNDS: (1) THE VICTOR AND DINAH LAZAR ENDOWMENT FUND WAS ESTABLISHED TO OFFSET A PORTION OF THE SCHOOL'S AGGREGATE FINANCIAL AID; (2) THE ELIZABETH LAUDER EARLY ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT THE HIGH SCHOOL WOMEN'S BASKETBALL TEAM; (3) THE RUSCITTI ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT THE SCHOOL'S ATHLETIC PROGRAMS. PART X, LINE 2: THE SCHOOL HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. THE SCHOOL HAS EVALUATED THE TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2020, 2021, AND 2022 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THIS JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 58,402. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER FINANCIAL AID AND SCHOLARSHIPS 95,769. SIBLING TUITION DISCOUNTS 22,321. TUITION ASSISTANCE 3,216,986. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 58,402. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER FINANCIAL AID AND SCHOLARSHIPS 95,769. SIBLING TUITION DISCOUNTS 22,321. TUITION ASSISTANCE 3,216,986. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AS STATED ON THE SCHOOL'S WEBSITE: THE CHICAGO WALDORF SCHOOL NOT ONLY DOES NOT DISCRIMINATE IN ITS HIRING PRACTICES, BUT BEYOND THAT HAS A DEEP COMMITMENT TO RESPECT AND CELEBRATE THE DIFFERENCES IN STUDENTS, FACULTY, AND ADMINISTRATION FROM WIDELY DIVERSE SOCIAL, ECONOMIC, CULTURAL, LINGUISTIC, INTELLECTUAL, RACIAL, EDUCATIONAL, AND RELIGIOUS BACKGROUNDS. THERE IS A SUSTAINED EFFORT AND CLEAR RECOGNITION THAT OUR EDUCATIONAL EXCELLENCE AND FULFILLMENT OF OUR SCHOOL'S MISSION IS DEPENDENT ON EMBRACING DIVERSITY IN OUR SCHOOL COMMUNITY. WE SEEK TO FULLY INCLUDE AND AFFIRM FACULTY, STAFF, AND STUDENTS IN ALL OF THEIR IDENTITIES. IN EVERYTHING WE DO WE WORK TOWARD FREEDOM, RESPONSIBILITY AND EXCELLENCE. THE CHICAGO WALDORF SCHOOL PROVIDES ITS TEACHERS, ADMINISTRATORS, AND FAMILIES WITH ONGOING OPPORTUNITIES TO STUDY AND DISCUSS ASPECTS OF DIVERSITY. A MORE DETAILED DESCRIPTION OF THE POLICY IS AVAILABLE IN THE STUDENT HANDBOOK, AVAILABLE ON THE WEBSITE, BEGINNING ON PAGE 75. GALA 444035 397800 46235 31570 1880 7789 6400 OKTOBERFEST 13917 13917 1563 2 44743 44743 9200 502695 397800 104895 31570 12643 7789 6400 58402 46493 1 TUITION ASSISTANCE 206 3216986 TUITION REMISSION 35 895502 SIBLING DISCOUNTS 7 22321 SCHOLARSHIPS 20 95769 PART I, LINE 2: A FACULTY AND STAFF TUITION ADJUSTMENT COMMITTEE, USING FINANCIAL DATA FROM AN OBJECTIVE OUTSIDE SOURCE, AWARDS ALL TUITION AND SCHOLARSHIPS. GRANTS ARE NON-MONETARY, INVOLVING REDUCTION IN TUITION COSTS. TUITION REMISSION AND SIBLING DISCOUNTS ARE BASED UPON A BOARD APPROVED POLICY AND NOT DETERMINED BY THE TUITION ADJUSTMENT COMMITTEE. NUMBER OF RECIPIENTS IS BASED ON NUMBER OF STUDENTS. 25428 TUITION REMISSION FURTHERING EDUCATION 37783 TUITION REMISSION FURTHERING EDUCATION 27343 TUITION REMISSION FURTHERING EDUCATION MONTSERRAT AGUERO SPOUSE OF TRUSTEE 43170 STAFF COMPENSATION 0 BREANNE PETERSON SPOUSE OF TRUSTEE 52100 STAFF COMPENSATION 0 KRISTIN HOFFMAN SPOUSE OF TRUSTEE 35660 STAFF COMPENSATION 0 THOMAS MCCARTHY SPOUSE OF TRUSTEE 56380 STAFF COMPENSATION 0 SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS: FOR CONFIDENTIALITY PURPOSES, THE NAMES OF ALL INDIVIDUALS UTILIZING THE FAMILY INDIVIDUALIZED TUITION MODEL AND/OR RECEIVING SCHOLARSHIPS ARE NOT DISCLOSED. THE PROCESS FOR DETERMINING TUITION AMOUNTS AND AWARDS IS DESCRIBED IN THE FOLLOWING PARAGRAPHS. ELIGIBILITY FOR FAMILY INDIVIDUALIZED TUITION AND SCHOLARSHIP AWARDS IS THE SAME FOR TRUSTEE FAMILY MEMBERS AS IT IS FOR ANY OTHER STUDENTS AND BOTH OPPORTUNITIES ARE AVAILABLE TO THE FAMILIES OF ALL STUDENTS. ANY INDIVIDUALS WHO DESIRE TO APPLY FOR THE FAMILY INDIVIDUALIZED TUITION AND/OR SCHOLARSHIPS MUST FILE AN APPLICATION WITH AN OUTSIDE FINANCIAL AID PROGRAM VENDOR. THE PROGRAM VENDOR ASSESSES INCOME, ASSETS AND DEBT, DETERMINES A FAMILY'S ABILITY TO PAY TUITION, AND RECOMMENDS A TUITION AMOUNT AND/OR SCHOLARSHIP. THE SCHOOL'S TUITION COMMITTEE (COMPRISED OF MEMBERS OF THE ADMINISTRATIVE TEAM) USES THIS INFORMATION TO DETERMINE INDIVIDUAL TUITION AMOUNTS BASED UPON THE DEMONSTRATED FINANCIAL ABILITY OF THE FAMILY. FAMILIES WHO DO NOT APPLY TO THIS PROGRAM PAY THE FULL TUITION FEE, WHICH IS DETERMINED ANNUALLY BY THE BOARD. THE SCHOLARSHIP COMMITTEE (COMPRISED OF MEMBERS OF THE LEADERSHIP TEAM) USES THE FINANCIAL INFORMATION ALONG WITH A PARENT ESSAY AND DEFINED MERIT CRITERIA TO AWARD UP TO FIVE HIGH SCHOOL SCHOLARSHIPS EACH YEAR TO INCOMING FRESHMAN. THE SCHOLARSHIP WILL BE RENEWED EACH YEAR, AS LONG AS THE STUDENT REMAINS IN GOOD ACADEMIC STANDING AND FINANCIAL STANDING AND CONTINUES TO DEMONSTRATE ELIGIBILITY FOR THE FAMILY INDIVIDUALIZED TUITION. ELIGIBILITY FOR TUITION REMISSION IS THE SAME FOR FAMILY MEMBERS OF TRUSTEE FACULTY AND STAFF OR RELATED TO TRUSTEES AS IT IS FOR FAMILY MEMBERS OF ANY FACULTY AND STAFF WHO ARE NOT TRUSTEES. SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS MS. AGUERO WAS A FACULTY MEMBER DURING THE 2023-24 SCHOOL YEAR AND THE SPOUSE OF TRUSTEE HERNAN SIERRA. MS. AGUERO DOES NOT RECEIVE FAMILY HEALTH INSURANCE. MS. PETERSEN WAS A FACULTY MEMBER DURING THE 2023-24 SCHOOL YEAR AND THE SPOUSE OF TRUSTEE MATTHEW EGING. MS. PETERSON DOES NOT RECEIVE FAMILY HEALTH INSURANCE. MS. HOFFMANN WAS A FACULTY MEMBER DURING THE 2023-24 SCHOOL YEAR AND THE SPOUSE OF TRUSTEE DAN HOFFMANN. MS. HOFFMANN DOES NOT RECEIVE FAMILY HEALTH INSURANCE. MR. MCCARTHY WAS A FACULTY MEMBER DURING THE 2023-24 SCHOOL YEAR AND THE SPOUSE OF TRUSTEE JESSICA MCCARTHY. THE VALUE OF FAMILY HEALTH INSURANCE IS ATTRIBUTABLE TO MR. MCCARTHY'S EMPLOYMENT AND INCLUDED IN HIS COMPENSATION REPORTED ON SCH. L, PART IV. X 1 1500 X LOAN FORGIVENESS 1 75621 X AUCTION PRIZES 8 4759 X PARK STRUCTURE 1 950 X FLOWERS 1 800 0 0 0 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN B OF SCHEDULE M FOR ALL DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH RESPECTIVE CATEGORY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO AUDIT THE ORGANIZATION'S FINANCIAL STATEMENTS AND PREPARE THE FORM 990. MANAGEMENT AND THE AUDIT COMMITTEE REVIEW AND COMMENT ON THE DRAFT FORM 990 AND PROVIDE A COMPLETE DRAFT TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE 990 AND ASK QUESTIONS DIRECTLY TO MANAGEMENT AND THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C MEETINGS ARE HELD REGULARLY AND THE CONFLICT OF INTEREST POLICY IS DISCUSSED IN RESPONSE TO RELEVANT CIRCUMSTANCES, SIGNED ANNUALLY BY ALL TRUSTEES AND OFFICERS, AND IS ENFORCED AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE EVALUATION, REVIEW AND COMPENSATION SETTING OF THE ADMINISTRATIVE DIRECTOR AND FACULTY DIRECTOR. THE ADMINISTRATIVE DIRECTOR AMD FACULTY DIRECTOR ARE RECUSED FROM ALL DETERMINATIONS OF THEIR COMPENSATION. NO OFFICERS ARE PAID, AS ALL OFFICERS ARE NON-FACULTY TRUSTEES. THE ADMINISTRATIVE DIRECTOR AND FACULTY DIRECTOR COLLABORATE WITH THE FINANCE COMMITTEE TO SET WAGES AND SALARIES AS PART OF THE ANNUAL BUDGET. THIS BUDGET IS THEN APPROVED BY THE BOARD, WHICH DOES NOT INCLUDE ANY KEY EMPLOYEES OR PAID OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MAINTAINED IN THE SCHOOL'S ADMINISTRATIVE OFFICE AND ARE AVAILABLE FOR INSPECTION OR COPYING UPON REQUEST.