2019-10-21T09:22:09-05:00 2019-06-30 364049282 PASQUESI SHEPPARD LLC 585 BANK LANE LAKE FOREST IL 60045 990 2018-07-01 455000715 BEACON ACADEMY A MONTESSORI HIGH SCHOOL BEAC 2249991177 1574 SHERMAN AVENUE EVANSTON IL 60201 PATTY ABRAMS PRESIDENT 2249991177 2019-10-15 1 TIMOTHY KLEIN P00008827 8472345000 2019-10-11 50.224.107.130 2019-10-15 13:47:39 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 CAD9FA7C3E5EC36DD5B0D954B4697BCECB31E4AC 2018 2020-01-14 16:20:31Z PATTY ABRAMS 1574 SHERMAN AVENUE EVANSTON IL 60201 6426585 0 X WWW.BEACONACADEMYIL.ORG X 2012 IL BEACON ACADEMY OFFERS STUDENTS AN EMPOWERING LEARNING ENVIRONMENT BASED ON MONTESSORI PRICIPLES PROVIDING THE SKILLS AND EXPERIENTIAL CONNECTIONS NECESSARY TO CONTRIBUTE TO A COMPLEX AND DIVERSE WORLD WITH COMPASSION AND CONFIDENCE. 15 15 64 70 0 0 769617 1054606 4523266 5287467 2712 27714 11186 8199 5306781 6377986 734280 758920 0 0 2667025 3277892 0 0 122699 1599450 1656685 5000755 5693497 306026 684489 4844244 6117719 3767558 4356544 1076686 1761175 X BEACON ACADEMY OFFERS AN INNOVATIVE AND CHALLENGING EDUCATION BASED ON MONTESSORI PRINCIPLES THAT PLACES A PRIORITY ON EXPERIENTIAL LEARNING, ENTREPRENEURIAL THINKING, AND IN-DEPTH INTERDISCIPLINARY STUDIES. BEACON STUDENTS WILL MASTER THE SKILLS, KNOWLEDGE, AND HABITS OF MIND NECESSARY TO MEANINGFULLY CONTRIBUTE TO A COMPLEX AND DIVERSE WORLD WITH COMPASSION AND CONFIDENCE. 0 0 4565495 758920 5287467 COSTS TO PROVIDE MONTESSORI HIGH SCHOOL EDUCATION. 4565495 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 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 64 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JENNIFER HERMAN 2249991177 1574 SHERMAN AVENUE EVANSTON IL 60201 PATTY ABRAMS PRESIDENT 4.00 X X 0 0 0 JAMES MASTERSON III VICE PRESIDENT 4.00 X X 0 0 0 JEANNETTE SCHAR SECRETARY 4.00 X X 0 0 0 BOB GOLDMAN TREASURER 4.00 X X 0 0 0 ROC RONEY DIRECTOR 2.00 X 0 0 0 DEVIN MATHEWS DIRECTOR 2.00 X 0 0 0 BRADLEY PEACOCK DIRECTOR 2.00 X 0 0 0 SUSAN SATTELL DIRECTOR 2.00 X 0 0 0 DAVID SNYDER DIRECTOR 2.00 X 0 0 0 DAVID RHIND DIRECTOR 2.00 X 0 0 0 SUSIE STEINBERG DIRECTOR 2.00 X 0 0 0 SUZANNE WYCHOCKI DIRECTOR 2.00 X 0 0 0 CHRIS AMBROSO DIRECTOR 2.00 X 0 0 0 GREG WHITE DIRECTOR 2.00 X 0 0 0 JEFF BELL HEAD OF SCHOOL 40.00 X 207754 0 20944 JENNIFER HERMAN CFO 40.00 X 101485 0 7561 309239 0 28505 1 0 1 0 0 252352 802254 86572 1054606 TUITION AND FEES 611600 5287467 5287467 5287467 27714 27714 45700 252352 48599 -2899 -2899 OTHER INCOME 900099 11098 11098 11098 6377986 5287467 0 35913 758920 758920 222000 88800 111000 22200 2609217 2026801 510416 72000 249830 156553 84236 9041 196845 147091 43205 6549 21115 21115 31498 614 30877 7 20160 20160 877551 829650 47901 5948 5948 1017 1017 111903 83059 28844 32764 28217 4150 397 PROGRAM EXPENSES 234938 234938 PROFESSIONAL DEVELOPMEN 86371 86371 CONTRACT SERVICES 77729 6925 70496 308 CLASSROOM SUPPLIES 47072 47072 108619 64536 31886 12197 5693497 4565495 1005303 122699 1561103 1897555 1463216 2340997 175483 362861 25828 9562 201033 180894 1479357 353507 1217581 1125850 200000 200000 4844244 6117719 99265 134417 39375 0 3628918 4222127 3767558 4356544 X 749231 1213193 327455 547982 1076686 1761175 4844244 6117719 684489 0 X X 0 1 X 1 0 X 347455 402800 162272 587983 208168 270685 131398 347455 0.06800 0.93200 0 0 1142883 163512 979371 336474 189995 146479 1125850 TUITION DEPOSITS AND ADVANCES 2191851 EQUIPMENT LEASE PAYABLE 284 DEFERRED RENT 1973594 DEPOSITS, OTHER 56398 4222127 X 6377986 0 6377986 0 6377986 5693497 0 5693497 0 5693497 PART X, LINE 2: MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 VIA BROCHURE, LITERATURE, AND MEDIA PUBLICITY. AUCTION 298052 252352 45700 48599 298052 252352 45700 48599 48599 -2899 1 THE SCHOOL AWARDS A LIMITED AMOUNT OF NEED-BASED TUITION ASSISTANCE EACH YEAR TO ACCEPTED STUDENTS WHOSE FAMILIES DEMONSTRATE FINANCIAL NEED. 49 738400 DETERMINED BY THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID. DISCOUNTED TUITION X 0 0 0 0 0 0 0 0 0 JEFF BELL HEAD OF SCHOOL 207754 0 0 0 0 0 0 0 20944 0 228698 0 0 0 JAMES MASTERSON III BOARD MEMBER 100000 LETTER OF CREDIT GUARANTEE 0 X 13 86572 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE WHO PRESENTS THE RETURN TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S ETHICS POLICY REQUIRES THE ACKNOWLEDGEMENT AND DOCUMENTATION OF ANY AND ALL CONFLICTS OF INTEREST. THIS PROCESS IS DOCUMENTED IN WRITING. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL USES THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) FOR SALARY COMPARISONS FOR EXECUTIVE POSITIONS. THESE COMPENSATION PACKAGES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS EITHER DIRECLY OR INDIRECTLY THROUGH THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND FINANCIAL STATEMENTS ARE PREPARED IN A TIMELY MANNER AND ARE AVAILABLE UPON REQUEST IN THE SCHOOL'S OFFICE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.