LATIN SCHOOL OF CHICAGO: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LATIN SCHOOL OF CHICAGO (EIN 36-2258525)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-08
- IRS object ID
- 202541289349302359
- Schema version
- 2023v6.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-08T12:33:44-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331498605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362258525 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LATIN SCHOOL OF CHICAGO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LATI | BusinessNameControlTxt |
| Phone | 3125826012 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 59 W NORTH BLVD | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS HAGERMAN | PersonNm |
| Person Title | HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 3125826012 | PhoneNum |
| Signature | 2025-05-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LU ANN TRAPP | PreparerPersonNm |
| PTIN | P01506476 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2025-04-28 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | THOMAS HAGERMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 59 W NORTH BLVD | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $110,916,568 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LATINSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1954 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | AN INDEPENDENT CO-ED JUNIOR KINDERGARTEN-12TH GRADE DAY SCHOOL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 36 | VotingMembersIndependentCnt |
| Total Employee | 577 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $310,740 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,308,547 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,860,811 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $48,331,381 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $51,155,268 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,181,121 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,937,638 | CYInvestmentIncomeAmt |
| PY Other Revenue | $419,430 | PYOtherRevenueAmt |
| CY Other Revenue | $234,331 | CYOtherRevenueAmt |
| PY Total Revenue | $54,240,479 | PYTotalRevenueAmt |
| CY Total Revenue | $58,188,048 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,285,635 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,118,654 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $37,094,953 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $37,049,198 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,448,289 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,060,532 | PYOtherExpensesAmt |
| CY Other Expenses | $15,689,740 | CYOtherExpensesAmt |
| PY Total Expenses | $56,441,120 | PYTotalExpensesAmt |
| CY Total Expenses | $57,857,592 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,200,641 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $330,456 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $154,205,950 | TotalAssetsBOYAmt |
| Total Assets EOY | $157,639,932 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $43,184,706 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,913,248 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $111,021,244 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $117,726,684 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | IT IS THE SCHOOL'S MISSION TO PROVIDE ITS STUDENTS WITH A RIGOROUS AND INNOVATIVE EDUCATIONAL PROGRAM THAT EMBRACES DIVERSITY OF PEOPLE, CULTURES AND IDEAS. LATIN INSPIRES ITS STUDENTS TO LEAD LIVES OF PURPOSE AND EXCELLENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $44,922,919 | ExpenseAmt |
| Grant | $5,118,654 | GrantAmt |
| Revenue | $49,746,245 | RevenueAmt |
| Desc | INSTRUCTION AND STUDENT SUPPORT ACTIVITIES-FOUNDED IN 1888, THE LATIN SCHOOL OF CHICAGO IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL FOR GRADES JUNIOR KINDERGARTEN-12. THE STUDENTS: A DIVERSE COMMUNITY OF 1,190 STUDENTS IN JUNIOR KINDERGARTEN-12 FROM CHICAGO AND THE SURROUNDING SUBURBS.THE FACULTY: CARING, EXPERIENCED PROFESSIONALS, OVER 87% OF WHOM HAVE EARNED A MASTER'S DEGREE OR HIGHER. THE STUDENT FACULTY RATIO IS 8:1.ACADEMICS: LATIN OFFERS A RIGOROUS COLLEGE PREPARATORY CURRICULUM THAT ENCOURAGES INDEPENDENCE, CREATIVITY AND (CONTINUED ON SCHEDULE O) CURIOSITY WITH AN EMPHASIS ON INTERDISCIPLINARY LEARNING.FINANCIAL AID: THE SCHOOL ASSISTS STUDENTS WHO OTHERWISE MAY NOT BE FINANCIALLY ABLE TO ATTEND SCHOOL. APPROXIMATELY 12.6% OF THE STUDENT BODY RECEIVES FINANCIAL AID. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,783,449 | ExpenseAmt |
| Revenue | $1,272,789 | RevenueAmt |
| Desc | SUMMER AND STUDENT SUPPORT SERVICES: THESE PROGRAMS INCLUDE SUMMER AT LATIN AND THE EXTENDED DAY PROGRAM. SUMMER AT LATIN PROVIDES A HIGH QUALITY EDUCATIONAL AND RECREATIONAL OPPORTUNITY FOR CHILDREN OF ALL AGES. THE SUMMER STAFF IS COMMITTED TO OFFERING A SAFE, NURTURING COMMUNITY THAT ALIGNS WITH THE VALUES OF THE SCHOOL WHERE PURSUIT OF KNOWLEDGE COMPLEMENTS INDIVIDUAL GROWTH. THE EXTENDED DAY PROGRAM SUPPORTS LATIN FAMILIES BY OFFERING A SAFE FUN PROGRAM BEFORE AND AFTER THE SCHOOL DAY FOR STUDENTS ENROLLED IN JUNIOR KINDERGARTEN THROUGH 4TH GRADE. THE PROGRAM PROVIDES A BALANCE OF ORGANIZED ACTIVITY AND FREE TIME. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $47,706,368 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 83 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 577 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 36 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS HAGERMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3125826012 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 59 W NORTH BLVD | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606101492 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| EDWARD BENFORD | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT CHAPMAN | |||||||||
| CHAIR | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DIANE SALTOUN | |||||||||
| SECRETARY | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DARREN SNYDER | |||||||||
| TREASURER | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JYOTI PATEL | |||||||||
| VICE CHAIR | 10.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DARA MILNER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| VINCE COZZI | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRIS SWEENEY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER KEOGH | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| COLLEEN BATCHELER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEJANDRO LONGORIA | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEX ABELL | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TANYA POLSKY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NICOLE MANN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER CIZNER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIN AMICO | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAIONE MITCHELL | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DENISE GIBSON | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER JACKSON | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CARRIE PARR | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER PEEPLES | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL FURLOW | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MAURY TOGNARELLI | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RAFAEL SANTANA | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF SHARP | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SARAH NORRIS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GURPREET SINGH | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| VAL VLAHOS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NILS LARSEN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DONALD LASSIERE | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDRES MENDOZA PENA | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ABBY PHELPS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RYAN HARRIS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLIE TRIBBETT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| OLUMIDE AJIGINNI | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LINA WEI | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS HAGERMAN | |||||||||
| HEAD OF SCHOOL | 50.00 | 0.00 | $657,714 | $0 | $49,816 | Yes (X) | |||
| MICHAEL SZCZEPANEK | |||||||||
| CFO | 50.00 | 0.00 | $309,758 | $0 | $111,404 | Yes (X) | |||
| DOROTHY BRIS-BOIS | |||||||||
| CHIEF DEVELOPMENT OFFICER | 50.00 | 0.00 | $248,252 | $0 | $27,187 | Yes (X) | |||
| BLISS TOBIN | |||||||||
| LS DIRECTOR | 50.00 | 0.00 | $182,173 | $0 | $56,867 | Yes (X) | |||
| SUSAN BOLON | |||||||||
| HR DIRECTOR | 50.00 | 0.00 | $206,281 | $0 | $13,469 | Yes (X) | |||
| INGRID DORER FITZPATRICK | |||||||||
| DIRECTOR ACADEMIC INITIATIVES | 50.00 | 0.00 | $178,867 | $0 | $26,284 | Yes (X) | |||
| DEBRA SAMPEY | |||||||||
| MS DIRECTOR - THRU 06/2023 | 50.00 | 0.00 | $198,574 | $0 | $143,470 | Yes (X) | |||
| SHELLEY GREENWOOD | |||||||||
| ASSIST. HEAD OF SCHOOL-THRU 06/2023 | 50.00 | 0.00 | $278,279 | $0 | $284,840 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,259,898 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $713,337 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 70 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FLIK INTERNATIONAL | |||||
| 2400 YORKMONT ROAD | CHARLOTTE | NC | 28217 | FOOD SERVICE | $2,410,132 |
| JPC DEVELOPMENT | |||||
| 1400 N PROVENDENCE RD SUITE 3500 | MEDIA | PA | 19063 | CONSTRUCTION | $1,903,060 |
| IDEAL CHARTER | |||||
| 7501 W MEMORIAL ROAD | OKLAHOMA CITY | OK | 73142 | BUS SERVICES | $411,876 |
| HUSCH BLACKWELL | |||||
| PO BOX 790379 | ST LOUIS | MO | 63179 | LEGAL | $384,953 |
| PAYCOM PAYROLL | |||||
| 9982 ANDERSON UNIT A | CHICAGO | IL | 60415 | PAYROLL | $228,521 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,898,326 | FundraisingAmt |
| All Other Contributions | $2,962,485 | AllOtherContributionsAmt |
| Noncash Contributions | $248,080 | NoncashContributionsAmt |
| Total Contributions | $4,860,811 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | $49,746,245 | $49,746,245 | |
| SUMMER PROGRAMS | 900099 | $585,354 | $585,354 | |
| AFTER SCHOOL PROGRAMS | 900099 | $544,123 | $544,123 | |
| LUNCH ROOM | 611710 | $136,234 | $136,234 | |
| ATHLETIC CLUBS | 900099 | $121,864 | $121,864 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,448 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,448 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $51,155,268 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,516,838 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $533 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,516,305 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $310,207 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $310,207 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $310,207 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $310,207 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $52,868,650 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $52,447,850 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $420,800 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $420,800 | TotalRevenueColumnAmt |
| Exclusion | $420,800 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,898,326 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $222,621 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$222,621 | TotalRevenueColumnAmt |
| Exclusion | -$222,621 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $79,281 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $58,049 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,232 | TotalRevenueColumnAmt |
| Exclusion | $21,232 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC. REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $125,513 | TotalRevenueColumnAmt |
| Exclusion | $125,513 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $125,513 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $58,188,048 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $51,019,034 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $310,740 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,997,463 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,118,654 | TotalAmt |
| Program Services | $5,118,654 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,528,933 | TotalAmt |
| Management And General | $1,379,261 | ManagementAndGeneralAmt |
| Fundraising | $149,672 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,484,326 | TotalAmt |
| Program Services | $22,928,401 | ProgramServicesAmt |
| Management And General | $2,038,596 | ManagementAndGeneralAmt |
| Fundraising | $517,329 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,647,097 | TotalAmt |
| Program Services | $1,216,051 | ProgramServicesAmt |
| Management And General | $366,150 | ManagementAndGeneralAmt |
| Fundraising | $64,896 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,574,921 | TotalAmt |
| Program Services | $4,854,264 | ProgramServicesAmt |
| Management And General | $1,461,605 | ManagementAndGeneralAmt |
| Fundraising | $259,052 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,813,921 | TotalAmt |
| Program Services | $1,339,218 | ProgramServicesAmt |
| Management And General | $403,235 | ManagementAndGeneralAmt |
| Fundraising | $71,468 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $610,793 | TotalAmt |
| Management And General | $610,793 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,132 | TotalAmt |
| Management And General | $81,132 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,000 | TotalAmt |
| Management And General | $35,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,041 | TotalAmt |
| Program Services | $195,617 | ProgramServicesAmt |
| Management And General | $147,424 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,956 | TotalAmt |
| Program Services | $21,556 | ProgramServicesAmt |
| Management And General | $83,808 | ManagementAndGeneralAmt |
| Fundraising | $10,592 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $554,224 | TotalAmt |
| Program Services | $120,558 | ProgramServicesAmt |
| Management And General | $385,987 | ManagementAndGeneralAmt |
| Fundraising | $47,679 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,608 | TotalAmt |
| Program Services | $285,837 | ProgramServicesAmt |
| Management And General | $171,598 | ManagementAndGeneralAmt |
| Fundraising | $8,173 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,050,719 | TotalAmt |
| Program Services | $1,845,647 | ProgramServicesAmt |
| Management And General | $205,072 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $371,036 | TotalAmt |
| Program Services | $367,709 | ProgramServicesAmt |
| Management And General | $3,327 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,311 | TotalAmt |
| Program Services | $82,285 | ProgramServicesAmt |
| Management And General | $8,026 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,975,084 | TotalAmt |
| Program Services | $1,777,576 | ProgramServicesAmt |
| Management And General | $197,508 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,558,897 | TotalAmt |
| Program Services | $3,203,007 | ProgramServicesAmt |
| Management And General | $355,890 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $737,227 | TotalAmt |
| Management And General | $737,227 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT LIFE PROGRAMS | $2,611,523 | $2,611,523 | ||
| INSTRUCTION AND ACADEMI | $1,566,539 | $1,566,539 | ||
| INSTITUTIONAL SUPPORT | $350,724 | $31,296 | $319,428 | |
| SUMMER PROGRAMS | $171,926 | $171,926 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,857,592 | TotalAmt |
| Program Services | $47,706,368 | ProgramServicesAmt |
| Management And General | $8,702,935 | ManagementAndGeneralAmt |
| Fundraising | $1,448,289 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,001,841 | BOYAmt |
| EOY | $2,484,206 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $694,480 | BOYAmt |
| EOY | $233,813 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $382,462 | BOYAmt |
| EOY | $213,041 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,788 | BOYAmt |
| EOY | $45,702 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,506 | BOYAmt |
| EOY | $67,638 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $480,487 | BOYAmt |
| EOY | $592,834 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $119,770,944 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $50,159,241 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,821,845 | BOYAmt |
| EOY | $69,611,703 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,824,740 | BOYAmt |
| EOY | $43,986,769 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,604,102 | BOYAmt |
| EOY | $37,171,972 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,228,699 | BOYAmt |
| EOY | $3,232,254 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,205,950 | BOYAmt |
| EOY | $157,639,932 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,891,084 | BOYAmt |
| EOY | $4,041,658 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,862,152 | BOYAmt |
| EOY | $3,346,056 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,871,033 | BOYAmt |
| EOY | $8,585,212 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,200,000 | BOYAmt |
| EOY | $22,200,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,360,437 | BOYAmt |
| EOY | $1,740,322 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,184,706 | BOYAmt |
| EOY | $39,913,248 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,263,349 | BOYAmt |
| EOY | $57,728,736 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,757,895 | BOYAmt |
| EOY | $59,997,948 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,021,244 | BOYAmt |
| EOY | $117,726,684 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,205,950 | BOYAmt |
| EOY | $157,639,932 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $330,456 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,312,705 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $62,279 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,343,657 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,999,495 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,934,633 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,308,547 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,860,811 | CurrentTaxYearAmt |
| Total | $23,447,143 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,343,657 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,999,495 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,934,633 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,308,547 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,860,811 | CurrentTaxYearAmt |
| Total | $23,447,143 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $23,447,143 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,068,458 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $465,876 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $604,098 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,460,780 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,826,512 | CurrentTaxYearAmt |
| Total | $5,425,724 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $26,759 | CurrentTaxYearMinus2YearsAmt |
| Total | $26,759 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $278,641 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $129,398 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $168,614 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $137,186 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $125,513 | CurrentTaxYearAmt |
| Total | $839,352 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $29,738,978 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $234,736,736 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78840 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78370 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $67,169,944 | BeginningYearBalanceAmt |
| Contributions | $3,252,722 | ContributionsAmt |
| Investment Earnings Or Losses | $7,761,078 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,335,462 | GrantsOrScholarshipsAmt |
| Other Expenditures | $808,167 | OtherExpendituresAmt |
| Administrative Expenses | -$34,700 | AdministrativeExpensesAmt |
| End Year Balance | $75,074,815 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,146,378 | BeginningYearBalanceAmt |
| Contributions | $829,473 | ContributionsAmt |
| Investment Earnings Or Losses | $6,236,978 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $784,936 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,291,240 | OtherExpendituresAmt |
| Administrative Expenses | -$33,291 | AdministrativeExpensesAmt |
| End Year Balance | $67,169,944 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $76,824,202 | BeginningYearBalanceAmt |
| Contributions | $592,431 | ContributionsAmt |
| Investment Earnings Or Losses | -$11,174,918 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $784,935 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,342,241 | OtherExpendituresAmt |
| Administrative Expenses | -$31,839 | AdministrativeExpensesAmt |
| End Year Balance | $63,146,378 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $60,898,960 | BeginningYearBalanceAmt |
| Contributions | $1,423,008 | ContributionsAmt |
| Investment Earnings Or Losses | $17,163,636 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $660,239 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,044,232 | OtherExpendituresAmt |
| Administrative Expenses | -$43,069 | AdministrativeExpensesAmt |
| End Year Balance | $76,824,202 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $60,732,786 | BeginningYearBalanceAmt |
| Contributions | $3,312,300 | ContributionsAmt |
| Investment Earnings Or Losses | -$629,333 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $602,950 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,936,786 | OtherExpendituresAmt |
| Administrative Expenses | -$22,943 | AdministrativeExpensesAmt |
| End Year Balance | $60,898,960 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.21104 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.62178 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.16718 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,314,405 | OtherCostOrOtherBasisAmt |
| Book Value | $12,314,405 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $65,740,081 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,173,879 | DepreciationAmt |
| Book Value | $32,566,202 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,752,948 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,019,882 | DepreciationAmt |
| Book Value | $16,733,066 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,862,081 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,965,480 | DepreciationAmt |
| Book Value | $7,896,601 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $101,429 | OtherCostOrOtherBasisAmt |
| Book Value | $101,429 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $69,611,703 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY FUND | $4,137,583 | F |
| LARGE CAP EQUITY FUND | $4,550,794 | F |
| INTERNATIONAL EQUITY FUND | $10,774,406 | F |
| HEDGE FUNDS | $7,207,836 | F |
| ABSOLUTE RETURN FUND | $7,547,169 | F |
| SMALL CAP EQUITY FUND | $2,954,184 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $37,171,972 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| POSTRETIREMENT HEALTH BENEFITS | $573,331 |
| DEFERRED COMPENSATION | $1,166,991 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,740,322 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $60,156,926 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $6,312,705 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $774,827 | OtherRevenueAmt |
| Revenue Not Reported | $7,087,532 | RevenueNotReportedAmt |
| Revenue Subtotal | $53,069,394 | RevenueSubtotalAmt |
| Other Revenues Not Included | $5,118,654 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,118,654 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $58,188,048 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $53,451,486 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $58,049 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $58,049 | ExpensesNotReportedAmt |
| Expenses Subtotal | $53,393,437 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $4,464,155 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,464,155 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $57,857,592 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE SCHOOL'S ENDOWMENT FUND IS USED TO SUPPORT OPERATIONS, FINANCIAL AID, AND PROFESSIONAL AND CURRICULUM DEVELOPMENT. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COGS - NETTED AGAINST REVENUE 58,049. GAIN ON INTEREST RATE SWAP 62,279. SWAP INTEREST EXPENSE NETTED AGAINST INVESTMENT INCOME 654,499. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED AGAINST TUITION AND FEES ON AUDIT 5,118,654. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COGS - NETTED AGAINST REVENUE 58,049. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED AGAINST TUITION AND FEES ON AUDIT 5,118,654. SWAP INTEREST EXPENSE NETTED AGAINST INVESTMENT INCOME -654,499. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL GIVES NOTICE OF ITS RACIAL AND OTHER NON-DISCRIMINATION POLICIES ON ITS WEBSITE AND A MAJORITY OF ITS PUBLICATIONS USED TO MARKET THE SCHOOL AND ITS PROGRAMS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | INVESTMENT | $3,008,178 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | INVESTMENT | $15,178,977 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $18,187,155 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $18,187,155 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I LINE 3 COL (F) | FormAndLineReferenceDesc |
| Explanation | HEDGE FUND MANAGERS FOR THE SCHOOL'S ENDOWMENT FUND. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL GALA | Event1Nm |
| Gross Receipts Event1 | $1,898,326 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,898,326 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $222,621 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,898,326 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,898,326 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $222,621 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $222,621 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$222,621 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 145 | RecipientCnt |
| Non Cash Assistance | $5,118,654 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | REDUCED TUITION PAYMENTS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL USES AN OUTSIDE THIRD PARTY, FAST TUITION MANAGEMENT, TO COMPILE FINANCIAL AID APPLICANT PERSONAL INFORMATION AND TAX INFORMATION. FAST COMPUTES A FINANCIAL AID RECOMMENDATION. THE SCHOOL'S DIRECTOR OF FINANCIAL AID AND THE FINANCIAL AID COMMITTEE USE THE FAST RECOMMENDATION AS BASELINE TO DETERMINE AID. ALL APPLICANTS ARE REQUIRED TO APPLY ANNUALLY FOR AID. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (1) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (1) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS HAGERMAN | ||||||||||||||
| HEAD OF SCHOOL | $557,714 | $0 | $0 | $0 | $100,000 | $0 | $41,488 | $0 | $8,328 | $0 | $707,530 | $0 | $0 | $0 |
| SHELLEY GREENWOOD | ||||||||||||||
| ASSIST. HEAD OF SCHOOL-THRU 06/2023 | $191,243 | $0 | $0 | $0 | $87,036 | $0 | $277,630 | $0 | $7,210 | $0 | $563,119 | $0 | $0 | $0 |
| MICHAEL SZCZEPANEK | ||||||||||||||
| CFO | $309,758 | $0 | $0 | $0 | $0 | $0 | $31,922 | $0 | $79,482 | $0 | $421,162 | $0 | $0 | $0 |
| DEBRA SAMPEY | ||||||||||||||
| MS DIRECTOR - THRU 06/2023 | $118,215 | $0 | $0 | $0 | $80,359 | $0 | $132,855 | $0 | $10,615 | $0 | $342,044 | $0 | $0 | $0 |
| DOROTHY BRIS-BOIS | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $248,252 | $0 | $0 | $0 | $0 | $0 | $15,368 | $0 | $11,819 | $0 | $275,439 | $0 | $0 | $0 |
| BLISS TOBIN | ||||||||||||||
| LS DIRECTOR | $182,173 | $0 | $0 | $0 | $0 | $0 | $11,299 | $0 | $45,568 | $0 | $239,040 | $0 | $0 | $0 |
| SUSAN BOLON | ||||||||||||||
| HR DIRECTOR | $206,281 | $0 | $0 | $0 | $0 | $0 | $13,231 | $0 | $238 | $0 | $219,750 | $0 | $0 | $0 |
| INGRID DORER FITZPATRICK | ||||||||||||||
| DIRECTOR ACADEMIC INITIATIVES | $178,867 | $0 | $0 | $0 | $0 | $0 | $17,967 | $0 | $8,317 | $0 | $205,151 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE HEAD OF SCHOOL RECEIVES AN ANNUAL HOUSING ALLOWANCE OF $100,000 PER THE TERMS OF HIS EMPLOYMENT CONTRACT. THIS ALLOWANCE IS REPORTED AS TAXABLE COMPENSATION. |
| PART I, LINE 4B | THE FORMER ASSISTANT HEAD OF SCHOOL AND THE FORMER MS DIRECTOR BOTH RECEIVED A SUPPLEMENTAL RETIREMENT PAYMENT UPON THEIR RETIREMENT. PER LATIN SCHOOL'S APPROVED BENEFIT PROGRAM, EMPLOYEES WITH AT LEAST 25 YEARS OF SERVICE AND 60 YEARS OR OLDER RECEIVE A ONE TIME PAYMENT OF A YEAR'S SALARY UPON RETIREMENT. SHELLEY GREENWOOD RECEIVED $87,036 DURING CALENDAR YEAR 2023 AS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). THE BALANCE OF $261,109 WAS PAID DURING 2024 AND IS INCLUDED IN PART II, COLUMN (C) AS DEFERRED COMPENSATION. DEBRA SAMPEY RECEIVED $80,359 DURING CALENDAR YEAR 2023 AS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). THE BALANCE OF $120,639 WAS PAID DURING 2024 AND IS INCLUDED IN PART II, COLUMN (C) AS DEFERRED COMPENSATION. |
| PART I, LINE 8 | THE HEAD OF SCHOOL HIRED IN JULY 2022, IS BEING PAID PER A BINDING WRITTEN AGREEMENT QUALIFYING FOR THE INITIAL CONTRACT EXCEPTION PER REGS. SECTION 53.4958-4(A)(3) |
| PART II, COLUMN D - NONTAXABLE BENEFITS | NON-TAXABLE BENEFITS FOR CERTAIN INDIVIDUALS INCLUDE THE VALUE OF TUITION REMISSION. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| ILLINOIS FINANCE AUTHORITY | ||||||||
| A | 861091967 | 45200BVD9 | 2005-12-28 | $17,375,000 | ADVANCE REFUND 1998 BONDS | 0 | 0 | 0 |
| ILLINOIS FINANCE AUTHORITY | ||||||||
| B | 861091967 | 45200BVC7 | 2005-12-28 | $16,125,000 | MIDDLE SCHOOL CONSTRUCTION | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $12,980,000 | $17,375,000 | $17,182,056 | $192,944 | 2007 | 0 | Yes (1) | Yes (1) | Yes (1) | |
| B | $11,830,000 | $16,125,000 | $173,848 | 2007 | 0 | 0 | Yes (1) | Yes (1) | $15,951,153 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JPMORGAN CHASE | ||||||||||||
| A | 0 | 0 | 0 | 0 | Yes (1) | Yes (1) | 14.500000000000 | 0 | 0 | 0 | Yes (1) | Yes (1) |
| JPMORGAN CHASE | ||||||||||||
| B | 0 | 0 | 0 | 0 | Yes (1) | Yes (1) | 14.500000000000 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART IV, LINE 4C | FormAndLineReferenceDesc |
| Explanation | BOND A: SERIES 2005 A HEDGE: THREE SWAPS AS FOLLOWS: 20 YEAR SWAP ENTERED INTO DECEMBER 28, 2005, EXPIRING JANUARY 1, 2026. 17 YEAR SWAP ENTERED INTO MAY 2008, EXPIRING JANUARY 1, 2026. THIRD SWAP ENTERED INTO DECEMBER 28, 2005, EXPIRED AUGUST 1, 2008 CONCURENT WITH FULL REPAYMENT OF SERIES 1998 BONDS BY THE BOND ESCROW TRUSTEE. BOND B: SERIES 2005B HEDGE: TWO SWAPS AS FOLLOWS: 20 YEAR SWAP ENTERED INTO DECEMBER 28, 2005, EXPIRING JANUARY 1, 2026. 17 YEAR SWAP ENTERED INTO MAY 2008, EXPIRING JANUARY 1, 2026. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $248,080 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG.HIGH/LOW AT SALE DAT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS ARE ONE PARENT OR GUARDIAN PER FAMILY ENROLLED IN THE SCHOOL. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PREPARED BY PLANTE & MORAN, PLLC. ANY QUESTIONS AND COMMENTS THAT ARISE DURING THE PREPARATION PROCESS ARE DISCUSSED WITH THE CONTROLLER. A MEETING IS SCHEDULED FOR DESIGNATED INDIVIDUALS FROM THE AUDIT COMMITTEE, THE TAX ADVISOR, AND SCHOOL MANAGEMENT TO REVIEW AND DISCUSS THE FORM 990. A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD FOR APPROVAL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, KEY EMPLOYEES, AND TRUSTEES ARE REQUIRED TO FILL OUT AND FILE WITH THE SCHOOL A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. SENIOR MANAGEMENT REVIEWS THESE STATEMENTS ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SCHOOL HAS A COMPENSATION COMMITTEE WHICH IS A COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE DOES A REVIEW, USING INDEX DATA (A BENCHMARK GROUP OF PEER SCHOOLS) AND OTHER INDEPENDENT DATA, TO EVALUATE COMPENSATION FOR THE HEAD OF SCHOOL. THE COMPENSATION COMMITTEE CONSISTS OF THE CURRENT BOARD CHAIR, PAST BOARD CHAIR, AND THE OFFICERS OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. THE SCHOOL'S FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE STATE OF ILLINOIS' ATTORNEY GENERAL'S OFFICE. |
| FORM 990, PART VII, SECTION A, COLUMN (F) | NON-TAXABLE BENEFITS FOR CERTAIN INDIVIDUALS INCLUDE THE VALUE OF TUITION REMISSION. |
| FORM 990, PART XI, LINE 9: | GAIN ON INTEREST RATE SWAP 62,279. |
| FORM 990. PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 1500 DEARBORN MANAGEMENT LLC | |||||||||
| 59 W NORTH BLVD | CHICAGO | IL | 60610 | 882038708 | PROPERTY OWNERSHIP | DE | $310,207 | $11,302,721 | THE LATIN SCHOOL OF CHICAGO |
| 1505 DEARBORN LLC | |||||||||
| 59 W NORTH BLVD | CHICAGO | IL | 60610 | 882068203 | PROPERTY OWNERSHIP | DE | $0 | $0 | 1500 DEARBORN MANAGEMENT LLC |
| 1507 DEARBORN LLC | |||||||||
| 59 W NORTH BLVD | CHICAGO | IL | 60610 | 882097023 | PROPERTY OWNERSHIP | DE | $0 | $0 | 1500 DEARBORN MANAGEMENT LLC |
| DEARBORN SV LLC | |||||||||
| 59 W NORTH BLVD | CHICAGO | IL | 60610 | 882131361 | PROPERTY OWNERSHIP | DE | $0 | $0 | 1500 DEARBORN MANAGEMENT LLC |