2019-02-11T17:09:07-06:00 2018-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1500 CHICAGO IL 60611 990 2017-07-01 201946624 LEGACY CHARTER SCHOOL LEGA 7735421640 3318 WEST OGDEN AVENUE CHICAGO IL 60623 ANDREW G TOBIN TREASURER/DIRECTOR OF FINANCE 3128762862 2019-01-22 1 JAMES G QUAID P00641738 3126707444 2019-01-22 99.179.3.118 2019-01-22 13:53:27 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 62071EF7CBA15931A8125C56E0489CC4412CFD5D 2017 2019-02-21 02:37:17Z ERROL L STONE 3318 WEST OGDEN AVENUE CHICAGO IL 60623 6061188 0 X WWW.LEGACYCHARTERCHICAGO.ORG X 2003 IL THE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY. 13 13 85 20 0 0 4890934 5766117 4564 243114 52261 51596 14277 361 4962036 6061188 453645 276567 0 0 3444576 3673718 0 0 0 1215060 1579952 5113281 5530237 -151245 530951 9951101 11537321 319058 310034 9632043 11227287 X THE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY. 0 0 5489571 276567 243114 THE SCHOOL'S MISSION IS TO CREATE AN OUTSTANDING CENTER FOR TEACHING AND LEARNING FOR CHILDREN AND THEIR FAMILIES THAT WILL RECOGNIZE AND NURTURE THE FULL POTENTIAL OF EVERY CHILD, PROVIDE A FOUNDATION FOR A COLLEGE EDUCATION AND EDUCATE STUDENTS TO BE CREATIVE AND CRITICAL THINKERS AND RESPONSIBLE CITIZENS IN SCHOOL, AT HOME AND IN THE BROADER COMMUNITY. THE SCHOOL WAS FOUNDED BY SONNENSCHEIN NATH AND ROSENTHAL LLP. DURING FYE JUNE 30, 2018, THE SCHOOL SERVED APPROXIMATELY 500 STUDENTS IN PRE-KINDERGARTEN THROUGH 8TH GRADE. 5489571 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 6 0 85 1 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 IL X ANDREW G TOBIN 7735421640 3318 W OGDEN AVE CHICAGO IL 60623 SUSAN LUCAS CO-CHAIR 10.00 2.00 X X 0 0 0 REV CAROLYN VESSEL CO-CHAIR 10.00 2.00 X X 0 0 0 JAMES BICAK SECRETARY 10.00 X X 0 0 0 ELKE REHBOCK SECRETARY - TERM 10.00 X X 0 0 0 PAMELA BAKER DIRECTOR 2.00 X 0 0 0 SVEN CARLSSON DIRECTOR 2.00 X 0 0 0 LESLIE DAVIS DIRECTOR 2.00 X 0 0 0 CATHY FELDMAN DIRECTOR 2.00 X 0 0 0 GILLIAN FLYNN DIRECTOR 2.00 X 0 0 0 MICHELE GOSSMEYER DIRECTOR 2.00 X 0 0 0 LAVON JOHNS DIRECTOR 2.00 X 0 0 0 ROBERT MESSERLY DIRECTOR 2.00 X 0 0 0 ELIZABETH ROGERS DIRECTOR 2.00 X 0 0 0 ERROL STONE DIRECTOR 10.00 10.00 X 0 0 0 ELIZABETH GOSS PRINCIPAL 40.00 X 111050 0 23224 ANDREW TOBIN TREASURER/ DIR OF FINANCE 40.00 10.00 X 46488 0 7828 157538 0 31052 1 0 0 0 0 5370078 396039 5766117 FOOD PROGRAM 611110 207757 207757 STUDENT FEES 611110 35357 35357 243114 51596 51596 MISCELLANEOUS REVENUE 900099 361 361 361 6061188 243114 0 51957 276567 276567 223862 223862 2679605 2679605 299179 299179 330013 330013 141059 141059 25265 25265 52592 40191 12401 116781 116781 66346 66346 526643 526643 34073 34073 67161 67161 FOOD SERVICE 270570 270570 DIRECT STUDENT COSTS 202269 202269 CPS ADMINISTRATIVE FEE 105533 105533 CLASSROOM SUPPLIES 65718 65718 47001 44001 3000 5530237 5489571 40666 0 500 0 945806 2440762 37333 20000 163945 159203 8715125 8715125 35646 47455 447942 293166 52746 154776 9951101 11537321 58559 38024 260499 272010 319058 310034 X 6232979 11207287 3399064 20000 9632043 11227287 9951101 11537321 X 530951 1064293 X 0 1 X 1 0 X 5509030 5112073 6299871 4890934 5766117 27578025 5509030 5112073 6299871 4890934 5766117 27578025 1252788 26325237 13043 6684 29509 52261 51596 153093 2898 36 14277 361 17572 27748690 262224 0.94870 0.94170 X 77051 77051 345819 268484 77335 25072 24682 390 154776 DUE TO LEGACY SUPPORT CORP 272010 272010 X 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 (IRS) 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, 2018 AND 2017. 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 FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. A COPY OF THE POLICY IS AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE GRANTS THROUGH VARIOUS GOVERNMENTAL AGENCIES, INCLUDING CHICAGO PUBLIC SCHOOLS. 1 LEGACY CHARTER SCHOOL SUPPORT CORPORATION 233 SOUTH WACKER DRIVE SUITE 5900 CHICAGO IL 60606 474535955 501(C)(3) 276567 FUNDING TO BUILD A SCHOOL 1 PART I, LINE 2: ALL GRANT FUNDS ARE PAID TO LEGACY CHARTER SCHOOL SUPPORT CORPORATION ("SUPPORT CORP"), A SUPPORTING ORGANIZATION TO LEGACY CHARTER SCHOOL (THE "SCHOOL"). ALL MEMBERS OF THE BOARD OF SUPPORT CORP ARE ALSO ON THE BOARD OR OFFICERS OF THE SCHOOL AND HAVE OVERSIGHT OF THE GRANT FUNDS. FORM 990, PART VI, SECTION A, LINE 2 THE SCHOOL WAS FOUNDED BY THE LAW FIRM SONNENSCHEIN NATH AND ROSENTHAL LLP, NOW KNOWN AS DENTONS. NUMEROUS DIRECTORS ON THE SCHOOL'S BOARD ARE EMPLOYED BY OR PARTNERS OF DENTONS AND MAY BE CLIENTS OF DENTONS. DENTONS CONTRIBUTES ADMINISTRATIVE, ACCOUNTING, AND TECHNOLOGY SERVICES TO THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL'S CPA FIRM ASSISTS IN THE PREPARATION OF FORM 990. A DRAFT COPY IS REVIEWED BY THE BOARD TREASURER. AN ELECTRONIC VERSION OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS GIVEN TO BOARD MEMBERS YEARLY AND A CONFLICT OF INTEREST POLICY IS ALSO INCLUDED IN THE PERSONNEL HANDBOOK GIVEN OUT AT THE START OF EACH SCHOOL YEAR. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL SALARIES AND CHANGES TO ANNUAL SALARIES ARE DETERMINED BY THE BOARD ON A YEARLY BASIS. A VARIETY OF INFORMATION IS USED TO DETERMINE APPROPRIATE COMPENSATION LEVELS. FOR EXISTING EMPLOYEES, THE BOARD APPROVES A PERCENTAGE ANNUAL INCREASE, BASED ON COST OF LIVING INCREASES, SALARY INCREASES AT OTHER PEER SCHOOLS, AND IMPORTANTLY ON THE INCREASE/DECREASE OF FUNDING FROM CPS. DELIBERATION IS SUBSTANTIATED IN THE BOARD MINUTES. FOR NEW HIRES, THE BOARD ESTABLISHES A GENERAL FRAMEWORK BASED ON THE BOARD-APPROVED EMPLOYEE HANDBOOK, BOARD-APPROVED BENEFITS AVAILABLE, AND COMPENSATION FOR COMPARABLE POSITIONS/EMPLOYEES WIHTIN THE SCHOOL BUT DELEGATES RESPONSIBILITY FOR INDIVIDUAL COMPENSATION NEGOTIATIONS TO THE PRINCIPAL AND DIRECTOR OF FINANCE AND OPERATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DONATION FROM LCSSC 1,064,293. LEGACY CHARTER SCHOOL SUPPORT CORPORATION 233 SOUTH WACKER DRIVE SUITE 5900 CHICAGO IL 60606 474535955 OPERATED FOR BENEFIT OF LEGACY CHARTER SCHOOL IL 501(C)(3) LINE 12A, I LEGACY CHARTER SCHOOL 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 LEGACY CHARTER SCHOOL SUPPORT CORPORATION C 1066138 CASH LEGACY CHARTER SCHOOL SUPPORT CORPORATION B 276567 CASH LEGACY CHARTER SCHOOL SUPPORT CORPORATION K 443734 FAIR MARKET VALUE