2020-07-14T11:16:52-05:00 2019-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1500 CHICAGO IL 60611 990 2018-07-01 455454261 INTRINSIC SCHOOLS INTR 7088872735 4540 W BELMONT CHICAGO IL 60641 MELISSA ZAIKOS CEO 7088872735 2020-07-10 1 JAMES G QUAID P00641738 3126707444 2020-07-10 24.55.26.181 2020-07-10 15:05:01 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 62071EF7CBA15931A8125C56E0489CC4412CFD5D 2018 2021-01-29 14:40:06Z MELISSA ZAIKOS 4540 W BELMONT CHICAGO IL 60641 21782109 0 X INTRINSICSCHOOLS.ORG X 2012 IL THE MISSION OF INTRINSIC SCHOOLS IS TO CREATE A REVOLUTIONARY NEW SCHOOL MODEL IN ORDER TO 1) PREPARE ALL STUDENTS FOR POSTSECONDARY SUCCESS AND WORLD-CHANGING ENDEAVORS; AND 2) PROVIDE THE EDUCATION COMMUNITY WITH A ROADMAP TO SUSTAINABLE IMPLEMENTATION. 7 7 137 7 0 0 12640427 21628757 181329 143811 0 0 28412 9541 12850168 21782109 0 0 0 0 7120468 8015424 0 0 93367 4954141 5853417 12074609 13868841 775559 7913268 27006759 34838669 21577725 21496367 5429034 13342302 X THE MISSION OF INTRINSIC SCHOOLS IS TO CREATE A REVOLUTIONARY NEW SCHOOL MODEL IN ORDER TO 1) PREPARE ALL STUDENTS FOR POSTSECONDARY SUCCESS AND WORLD-CHANGING ENDEAVORS; AND 2) PROVIDE THE EDUCATION COMMUNITY WITH A ROADMAP TO SUSTAINABLE IMPLEMENTATION. 0 0 11478898 143811 THE SCHOOL IS A PUBLIC CHARTER SCHOOL THAT PROMISES TO INTEGRATE TECHNOLOGY INTO TEACHING AND LEARNING IN ORDER TO PERSONALIZE THE EXPERIENCE FOR EACH STUDENT. EACH STUDENT WILL HAVE AN INDIVIDUAL MOBILE DEVICE. IN ORDER TO PREPARE ALL THEIR STUDENTS FOR ACCEPTANCE INTO SELECTIVE FOUR-YEAR COLLEGES, THE SCHOOL WILL PROVIDE ALL STUDENTS WITH REAL WORLD EXPERIENCES. THE SCHOOL SERVED 995 AND 993 STUDENTS AT THE SEVENTH THROUGH TWELFTH GRADE LEVELS FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, RESPECTIVELY. 11478898 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 70 0 137 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 0 0 X MELISSA ZAIKOS 7088872735 4540 W BELMONT CHICAGO IL 60641 JAMES FRANK CHAIR 5.00 X X 0 0 0 JUSTIN MANLY TREASURER 5.00 X X 0 0 0 DAVID EPSTEIN BOARD MEMBER 2.00 X 0 0 0 GREG JONES BOARD MEMBER 2.00 X 0 0 0 HARRIET MEYER BOARD MEMBER 2.00 X 0 0 0 JIM PALOS BOARD MEMBER 2.00 X 0 0 0 JOSH TOLMAN BOARD MEMBER 2.00 X 0 0 0 MELISSA ZAIKOS CEO 40.00 X 158130 0 10665 TIM LIGUE CO-PRINCIPAL 40.00 X 139095 0 9982 AMI GANDHI DIR OF PERSONALIZED LEARNI 40.00 X 109726 0 26333 406951 0 46980 3 0 1 0 THE FUTURES HEALTHCORE LLC 136 WILLIAM STREET SPRINGFIELD MA 01105 CONTRACTED LABOR 197213 CLUNE CONSTRUCTION COMPANY LP 10 SOUTH RIVERSIDE PLAZA SUITE 220 CHICAGO IL 60606 CONSTRUCTION 142110 SINGLE PATH LLC 905 PARKVIEW BLVD LOMBARD IL 60148 INTERNET 104882 3 12963365 8665392 21628757 STUDENT FEES 611110 143811 143811 143811 MISCELLANEOUS REVENUE 900099 9541 9541 9541 21782109 143811 0 9541 166985 133588 33397 6405856 6052825 332368 20663 677510 671711 5799 512504 476057 32476 3971 252569 207396 41087 4086 96620 96620 162073 162073 1185163 486053 697586 1524 179878 17379 162499 349767 323610 22887 3270 156860 137462 19398 441682 406094 31614 3974 49444 47083 2361 1254284 1153941 87800 12543 935732 860874 65501 9357 46812 43067 3277 468 UBIT 10294 9470 721 103 STUDENT COSTS 425598 425598 CPS ADMINISTRATIVE FEE 287999 287999 PROF DEVELOPMENT 116661 116661 154550 43617 110922 11 13868841 11478898 2296576 93367 6453783 5502106 461319 8710898 194077 22679944 4844215 18306366 17835729 1785291 2595859 27006759 34838669 786829 1118659 4500 6875 20559353 20269990 125000 102043 100843 21577725 21496367 X 5154034 4897302 275000 8445000 5429034 13342302 27006759 34838669 7913268 0 X 0 1 X 1 0 X 6557611 11530030 13479874 12640427 21628757 65836699 6557611 11530030 13479874 12640427 21628757 65836699 7116816 58719883 3300 3521 14079 28412 9541 58853 65895552 766968 0.89110 0.98580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2177785 2177785 18186937 2874833 15312104 1377476 1214843 162633 937746 754539 183207 17835729 DEPOSITS 41852 CASH - RESTRICTED BY BOND INDENTURE 1803360 CONSTRUCTION IN PROGRESS 750647 2595859 INTEREST PAYABLE 100843 100843 X 22466187 684078 684078 21782109 0 21782109 14552919 684078 684078 13868841 0 13868841 PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SCHOOL IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2019 AND 2018. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES THAT THEY ARE AN OPEN ENROLLMENT SCHOOL WHICH EXTENDS ADMISSION TO ANY AND ALL STUDENTS, RESIDING IN CHICAGO, FOR THE OFFERED GRADE LEVELS. THIS MESSAGE IS COMMUNICATED BY ATTENDING COMMUNITY EVENTS, DISTRIBUTING PRINTED MATERIALS, FULL DISCLOSURE ON THEIR WEBSITE, AND OPEN COMMUNICATION WITH LOCAL GOVERNMENT OFFICIALS. SCHEDULE E, PART I, LINE 4 INTRINSIC SCHOOLS IS A PUBLIC CHARTER SCHOOL WITH NO TUITION, THEREFORE NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE IS AWARDED. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS TO ASSIST IN THE SCHOOL'S EFFORT TO PROVIDE AN EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT. X X 0 0 0 0 0 0 0 0 0 MELISSA ZAIKOS CEO 158130 0 0 0 0 0 6181 0 4484 0 168795 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 45022AH91 2015-12-18 21480729 IFA SERIES 2015 - REFINANCE COSTS FOR SCHOOL 0 0 0 A 21480729 1534842 429614 1422 19514851 2014 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 14: THE 2015 BOND ISSUANCE WAS USED TO REFINANCE PRIOR ISSUES USED TO ACQUIRE, RENOVATE AND CONSTRUCT A CHARTER SCHOOL. FORM 990, PART VI, SECTION A, LINE 8B THE ENTITY'S BYLAWS ALLOW THE BOARD POWER TO APPOINT A COMMITTEE WITH CORPORATE AUTHORITY. THIS COMMITTEE HAS NOT YET BEEN APPOINTED AS OF THE FISCAL YEAR END. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S CPA FIRM, IS REVIEWED BY MANAGEMENT, AND IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND FEEDBACK. A FINAL COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PER ADDENDUM B ARTICLE VIII OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE CONDUCTS PERIODIC REVIEWS TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THIS REVIEW COVERS ALL ARTICLES OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY FOR THE CEO AND ALL KEY PERSONNEL IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE CHARTER SCHOOL GROWTH FUND, AN INDUSTRY LEADER, PUBLISHES AN ANNUAL CHARTER SCHOOL/NETWORK COMPENSATION STUDY WHICH DETAILS NATIONAL AND REGIONAL SALARIES FOR CHARTER SCHOOL AND CHARTER NETWORK LEADERS. THIS IS USED BY THE SCHOOL TO HELP DETERMINE THE SALARY FOR THE CEO AND OTHER KEY PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 INTRINSIC SCHOOLS IS SUBJECT TO THE OPEN MEETINGS ACT AND THE FREEDOM OF INFORMATION ACT. ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST IN ADDITION TO PROVIDING CHICAGO PUBLIC SCHOOLS WITH THESE DOCUMENTS.