2025-05-14T12:34:36-05:00 2024-06-30 362886485 DUGAN & LOPATKA CPA'S PC 4320 WINFIELD ROAD SUITE 450 WARRENVILLE IL 605554036 990 2023-07-01 361502650 MORGAN PARK ACADEMY MORG 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 KISHORE PALURI BOARD PRESIDENT 7738816700 2025-05-13 1 0 RON MARKLUND P01985511 6306654440 2025-05-13 2023 2025-03-06 01:10:19Z KISHORE PALURI 2153 WEST 111TH STREET CHICAGO IL 60643 10930711 0 X WWW.MORGANPARKACADEMY.ORG X 1942 IL A PRIVATE INDEPENDENT SCHOOL FOR PRE-SCHOOL - 12TH GRADE 11 11 168 100 0 0 778545 381684 9332207 9493340 24304 51579 35242 88665 10170298 10015268 2610684 3631692 0 0 4884804 5457783 0 0 117186 2402459 1737627 9897947 10827102 272351 -811834 7415029 6687030 4056876 4028045 3358153 2658985 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 0 0 9500594 3631692 9493360 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 AND HAS APPROXIMATELY 420 STUDENTS. THE ACADEMY RECEIVES DONATED SERVICES FROM PARENTS OF STUDENTS. THE VALUE OF THESE SERVICES CANNOT BE DETERMINED. 9500594 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 0 0 0 0 0 0 0 0 0 1 4 0 168 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 X KATRINA MCDERMOTT 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 KISHORE PALURI BOARD PRESIDENT 4.00 X X 0 0 0 ELGIE SIMS TREASURER 4.00 X X 0 0 0 DRLISA DANIEL-OLIMENE SECRETARY 4.00 X X 0 0 0 MARCUS CRAWFORD BOARD MEMBER 4.00 X 0 0 0 JASON ERVIN BOARD MEMBER 4.00 X 0 0 0 MASHEBA GAILEY-HARRIS BOARD MEMBER 4.00 X 0 0 0 KARIN NORINGTON-REAVES BOARD MEMBER 4.00 X 0 0 0 TRACEY PAYNE BOARD MEMBER 4.00 X 0 0 0 DR LAWRENCE A WHITE BOARD MEMBER 4.00 X 0 0 0 CLAYTON HARRIS III BOARD MEMBER 4.00 X 0 0 0 TINA ISOM BOARD MEMBER 4.00 X 0 0 0 MERCEDES SHEPPARD HEAD OF SCHOOL 50.00 X 237091 0 13713 JULIE CUADROS-PERRY DIRECTOR OF FINANCE 40.00 X 107636 0 17330 VINCENT HERMOSILLA ASSISTANT HEAD OF SCHOOL 40.00 X 113951 0 2098 458678 0 33141 3 0 1 0 0 84197 82672 214815 19170 381684 TUITION 611600 9249322 9249322 ACTIVITIES & SERVICES 611710 244018 244018 9493340 28393 28393 176976 49563 127413 127413 127413 804660 781474 23186 23186 23186 45638 84197 84406 -38768 -38768 MISCELLANEOUS 900099 20 20 20 10015268 9493360 0 140224 X 3631692 3631692 375770 302588 66516 6666 4354877 3506761 770857 77259 38556 31046 6825 685 308258 248224 54565 5469 380322 306254 67321 6747 44841 44841 20400 20400 10824 10824 21847 17592 3867 388 87781 87781 109365 97211 12154 94135 94135 326798 263156 57845 5797 18975 18975 145989 117557 25842 2590 288477 232296 51063 5118 90897 90897 SUMMER SCHOOL 105021 105021 AFTER SCHOOL PROGRAM 86840 86840 EQUIPMENT 82672 82672 INSTRUCTIONAL 63832 63832 138933 141720 2900 -5687 10827102 9500594 1209322 117186 831077 197826 117903 223970 88306 38855 10873667 5692497 5176882 5181170 1090040 949222 110821 95987 7415029 6687030 430459 436057 1127324 1010020 2499093 2581968 4056876 4028045 X 2083343 1492450 1274810 1166535 3358153 2658985 7415029 6687030 -811834 112666 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 263953 22510 286463 252919 11034 263953 266530 15575 1964 252919 321000 34204 88674 266530 321000 321000 0.81000 0.19000 0 0 676996 676996 7532421 3531796 4000625 670068 541062 129006 1455446 1102568 352878 538736 517071 21665 5181170 X 6536715 112666 133969 246635 6290080 10824 3714364 3725188 10015268 7235883 133969 133969 7101914 10824 3714364 3725188 10827102 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 2021. 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 84,406. RENT OF FACILITY 49,563. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,631,692. TITLE IIA GRANT 25,501. TITLE IV GRANT 57,171. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 84,406. RENT OF FACILITY 49,563. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,631,692. TITLE IIA TRAINING EXPENSE 25,501. TITLE IV TRAINING EXPENSE 57,171. 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 INDIRECTLY RECEIVES FROM THE SCHOOL DISTRICT AND CPS TITLE IIA SUPPORT FOR PROFESSIONAL DEVELOPMENT OF FACULTY AND TITLE IV SUPPORT FOR SECURITY. GALA 104855 70345 34510 3536 13690 28028 5850 18728 GOLF OUTING 24980 13852 11128 5480 9094 129835 84197 45638 3536 19170 37122 5850 18728 84406 -38768 1 FINANCIAL ASSISTANCE 385 3631692 FMV 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 237091 0 0 0 0 0 13713 0 0 0 250804 0 0 0 PART I, LINE 1B HEAD OF SCHOOL RESIDES IN HOUSING ON CAMPUS OWNED BY THE ACADEMY. 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 17,592. MANAGEMENT AND GENERAL EXPENSES 3,867. FUNDRAISING EXPENSES 388. TOTAL EXPENSES 21,847. FORM 990, PART IX, LINE 24E STUDENT SERVICES: PROGRAM SERVICE EXPENSES 63,264. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,264. ATHLETIC DEPARTMENT: PROGRAM SERVICE EXPENSES 43,341. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,341. BAD DEBT: PROGRAM SERVICE EXPENSES 21,923. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,923. WORKERS COMPENSATION INSURANCE: PROGRAM SERVICE EXPENSES 13,192. MANAGEMENT AND GENERAL EXPENSES 2,900. FUNDRAISING EXPENSES 291. TOTAL EXPENSES 16,383. SCHOOL DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -5,978. TOTAL EXPENSES -5,978. FORM 990, PART XII, LINE 2C: NO CHANGES WERE MADE IN THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.