2022-05-06T13:45:42-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2020-07-01 270681058 PEORIA CHARTER SCHOOL INITIATIVE CO NFP PEOR 3094020030 2503 N UNIVERSITY ST PEORIA IL 616042601 JACK GILLIGAN CFO 3094020030 2022-05-03 1 JACK GILLIGAN XXX-XX-XXXX SAMUEL A CIGELNIK P00324762 3096714500 2022-04-27 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z QUEST CHARTER ACADEMY JACK GILLIGAN 2503 N UNIVERSITY ST PEORIA IL 616042601 7687144 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. 8 8 118 0 0 0 146229 124624 6533534 6281547 3803 323 386000 1280650 7069566 7687144 2500 3375 0 0 4755379 5678015 0 0 0 1924708 1655679 6682587 7337069 386979 350075 5315511 5778002 121516 233932 5193995 5544070 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 389635 198472 THE SCHOOL SUCCESSFULLY EDUCATED 530 STUDENTS IN SCHOOL YEAR 2020-2021. 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. 5004140 3375 7363725 THE SCHOOL SUCCESSFULLY EDUCATED 530 STUDENTS IN SCHOOL YEAR 2020-2021. THIS EDUCATION FOCUSES ON PREPARING THE STUDENTS FOR HIGH SCHOOL AND COLLEGE. 5393775 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 118 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 1 0 X DEBORAH LAHOOD BUSINESS MANAGER 3094020030 2503 N UNIVERSITY ST PEORIA IL 616042601 GLENN ROSS PRESIDENT 2.00 X X 0 0 0 DR JOHN F GILLIGAN CFO 2.00 X X 0 0 0 JAN LEONARD SECRETARY 2.00 X X 0 0 0 POLLY BARTON BOARD MEMBER 2.00 X 0 0 0 DR KIRAN VELPULA BOARD MEMBER 2.00 X 0 0 0 DR VENUS EVAN'S-WINTERS BOARD MEMBER 2.00 X 0 0 0 JODI PEINE BOARD MEMBER 2.00 X 0 0 0 MICKEISHA ARMSTRONG BOARD MEMBER 2.00 X 0 0 0 FRANCHINE MARTIN BOARD MEMBER 2.00 X 0 0 0 VIRGIL MARSHALL BOARD MEMBER 2.00 X 0 0 0 DEBORAH LAHOOD BUSINESS MANAGER 50.00 X 101027 0 21810 DR TAUNYA JENKINS EXECUTIVE DIRECTOR 50.00 X 187484 0 32386 288511 0 54196 2 0 1 0 FIRST STUDENT INC 22157 NETWORK PLACE CHICAGO IL 606731221 SCHOOL BUS SERVICE 294102 SHARP PAYROLL 1425 W FORREST HILL AVE PEORIA IL 61604 PAYROLL SERVICES 114824 2 10000 114624 8911 124624 REVENUE FROM PUBLIC SC 611600 6066343 6066343 FOOD SERVICE 611600 101126 101126 TRANSPORTATION 611600 97346 97346 STUDENT FEES 611600 14550 14550 EXTRACURRICULAR ACTIVI 611600 1732 1732 450 450 6281547 323 323 EMPLOYEE RETENTION CRE 611600 1234731 1234731 OTHER INCOME 611600 45919 45919 1280650 7687144 7562197 0 323 X 3375 3375 361777 361777 4044467 3175319 869148 90501 64917 25584 43009 43009 1138261 816487 321774 29055 6973 22082 25402 6096 19306 270911 65018 205893 349666 349666 1837 1837 1667 1667 253962 253962 56428 56428 STUDENT TRANSPORTATION 294103 294103 ACTIVITIES AND PROGRAMS 102763 71458 31305 FOOD SERVICE 95532 95532 OFFICE EQUIPMENT 81114 80125 989 93239 67735 25504 7337069 5393775 1943294 0 3616631 3959636 65933 84258 17195 17195 2682430 1596086 1324752 1086344 291000 630569 5315511 5778002 65960 233932 55556 121516 233932 X 4864174 5224834 329821 319236 5193995 5544070 5315511 5778002 350075 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 301190 90357 210833 1559224 885170 674054 822016 620559 201457 1086344 EMPLOYEE RETENTION CREDIT 630569 630569 X 7697729 10585 10585 7687144 0 7687144 7337069 0 7337069 0 7337069 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 10,585. 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 $6,066,342.91 - GRANTS FROM PEORIA SCHOOL DISTRICT #150 TO OPERATE SCHOOL 0 0 0 0 0 0 0 0 0 DR TAUNYA JENKINS EXECUTIVE DIRECTOR 186784 0 700 0 0 0 18906 0 13480 0 219870 0 0 0 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 15 WE ARE WORKING WITH A MANAGEMENT COMPANY. THE PRINCIPAL AND BUSINESS MANAGER GET PAID FROM THE MANAGEMENT COMPANY. ALL TEACHERS AND THE ASSISTANT PRINCIPAL RECEIVE THEIR SALARY FROM THE SCHOOL. 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 11G PROFESSIONAL FEES/CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 65,018. MANAGEMENT AND GENERAL EXPENSES 205,893. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 270,911. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 37,230. MANAGEMENT AND GENERAL EXPENSES 10,438. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,668. PRINTING, PUBLICATION, & ARTWORKS: PROGRAM SERVICE EXPENSES 18,779. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,779. MEMBERSHIP & MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,298. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,298. STAFF RECRUITMENT: PROGRAM SERVICE EXPENSES 11,726. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,726. POSTAGE, SHIPPING AND DELIVERY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,465. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,465. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,303. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,303. 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.