2019-05-15T13:36:28-05:00 2018-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1500 CHICAGO IL 60611 990 2017-07-01 364141583 CHICAGO CHARTER SCHOOL FOUNDATION CHIC 3126515000 11 EAST ADAMS NO 600 CHICAGO IL 60603 ELIZABETH SHAW CHIEF EXECUTIVE OFFICER 3126515000 2019-05-15 1 JAMES G QUAID P00641738 3126707444 2019-05-15 99.179.3.118 2019-05-15 10:22:12 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 62071EF7CBA15931A8125C56E0489CC4412CFD5D 2017 2019-02-21 02:37:17Z CHICAGO INTERNATIONAL CHARTER SCHOOL ELIZABETH SHAW 11 EAST ADAMS NO 600 CHICAGO IL 60603 152045084 0 X WWW.CHICAGOINTL.ORG X 1997 IL OUR VIBRANT NETWORK OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. 8 7 422 205 0 10848 88825273 100259502 2091919 5520544 230108 354334 435729 710155 91583029 106844535 0 0 0 0 20001349 22069329 0 0 80817 71956698 82847415 91958047 104916744 -375018 1927791 80705561 91167404 50017253 58590232 30688308 32577172 OUR VIBRANT NETWORK OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. 0 0 99320848 5520544 PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH THROUGH THE OPERATION OF 14 CAMPUS LOCATIONS SERVING 8,343 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE DURING FY JUNE 30, 2018. CICS' VIBRANT HUB OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. 99320848 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 0 0 0 0 1 63 0 422 1 1 1 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X NEIL SHAH 3126515000 11 EAST ADAMS NO 600 CHICAGO IL 60603 LAURA THONN PRESIDENT AND TREASURER 2.00 X X 0 0 0 DANIEL ANELLO DIRECTOR - TERM 2.00 X 0 0 0 DAVID BLINDERMAN DIRECTOR 2.00 X 0 0 0 DAVID J CHIZEWER DIRECTOR 2.00 X 0 0 0 VIOLET M CLARK DIRECTOR 2.00 X 0 0 0 CATHERINE H GOTTFRED PHD DIRECTOR 2.00 X 0 0 0 AYLON SAMOUHA DIRECTOR 2.00 X 0 0 0 BRIAN NOVELINE DIRECTOR 2.00 X 0 0 0 ELIZABETH SHAW CHIEF EXECUTIVE OFFICER 40.00 X X 216801 0 8156 MICHAEL BOWER CHIEF OF STAFF 40.00 X 138515 0 5540 KATHLEEN CLARKE CHIEF OF NETWORK OPERATION 40.00 X 133758 0 5615 LEEANDRA KHAN CEO 40.00 X 76670 0 8190 LAHARI GOUD CHIEF STRATEGY OFFICER 40.00 X 49760 0 4841 KIRA TCHANG CEP CHIEF PEOPLE OFFICER 40.00 X 126759 0 9403 DINA EVERAGE CHIEF ACADEMIC OFFICER 40.00 X 134501 0 5433 KATHLEEN KANSFIELD CEP INTERIM CFO 40.00 X 67704 0 4978 JILLIAN CAREW SCHOOL DIRECTOR 40.00 X 116498 0 11526 KIMBERLY HINTON SCHOOL DIRECTOR 40.00 X 127839 0 12002 AYANNA GORE SCHOOL DIRECTOR 40.00 X 108404 0 13710 TORRY BENNETT SCHOOL DIRECTOR 40.00 X 118174 0 10825 1415383 0 100219 9 0 1 0 0 99317033 942469 100259502 SCHOOL LUNCH PROGRAM 900099 5228032 5228032 STUDENT FEES, BOOKSTORE, EXTENDED 900099 292512 292512 5520544 349544 349544 45205339 45200549 4790 4790 4790 OTHER INCOME 900099 710155 710155 710155 106844535 5520544 0 1064489 1156485 598142 535027 23316 16739708 15115039 1597510 27159 2179957 1980996 194919 4042 1021099 931881 86927 2291 972080 878000 91937 2143 2600625 868980 1731645 942837 256582 674537 11718 700049 683197 16852 3989496 3865400 120272 3824 14323 14323 2292404 2292404 3666260 3657891 8369 260249 150969 104867 4413 CAMPUSES - OPERATING FU 60223023 60223023 CAMPUSES - FOOD SERVICE 3902512 3902512 SCHOOL LUNCH PROGRAM 907606 907606 CLASSROOM MATERIALS & S 811869 811869 2536162 2182034 352217 1911 104916744 99320848 5515079 80817 1193332 4245910 4408776 4575752 5878935 3604783 626818 461352 85334725 42451586 44084148 42883139 19378465 19812774 5135087 15583694 80705561 91167404 2251903 3342060 41450669 51708433 685633 568790 5629048 2970949 50017253 58590232 X 30576695 31744397 111613 832775 30688308 32577172 80705561 91167404 1927791 -38927 0 X 0 1 X 1 1 1 X 88487010 94420224 90733492 88825273 100259502 462725501 2026328 2164433 2244672 1101971 601747 8139151 90513338 96584657 92978164 89927244 100861249 470864652 470864652 162296 73298 50809 219409 349544 855356 454737 319476 729320 435729 710155 2649417 474369425 12832370 0.99260 0.99360 X 1470900 1470900 53680964 24782171 28898793 20529112 9648323 10880789 9125950 8021092 1104858 527799 527799 42883139 DEPOSITS 32233 CASH & INVESTMENTS RESTRICTED BY BOND INDENTURE 15551461 15583694 AMOUNTS DUE TO CAMPUSES 2058430 DEFERRED RENT 912519 2970949 X PART X, LINE 2: THE FOUNDATION 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 FOUNDATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE FOUNDATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE FOUNDATION 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 THROUGH THE SCHOOL MANAGEMENT ORGANIZATIONS AND APPLICATION PROCESS, THE FOUNDATION FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. COPIES OF THE POLICY ARE AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 THE FOUNDATION RECEIVES FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS TO ASSIST IN THE FOUNDATION'S EFFORTS TO PROVIDE A FREE EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT. X X 0 0 0 0 0 0 0 0 0 ELIZABETH SHAW CHIEF EXECUTIVE OFFICER 216801 0 0 0 0 0 8156 0 0 0 224957 0 0 0 PART I, LINE 3 COMPENSATION FOR THE FOUNDATION'S CHIEF EXECUTIVE OFFICER IS ESTABLISHED BY A COMPENSATION COMMITTEE ON THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN APPROVES THE COMPENSATION COMMITTEE'S RECOMMENDATION. A ILLINOIS FINANCE AUTHORITY 861091967 452022BR6 2017-11-30 54626298 IFA SERIES 2017 BOND, SEE PART VI 0 0 0 A 1850000 54683857 3180035 1030286 103249 38999608 11370714 1 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 1 0 0 0 0 0 1 A 1 SCHEDULE K, PART I A(F) TO REFUND SERIES 2007 BONDS AND TO FINANCE FACILITY IMPROVEMENTS AT THE NORTHTOWN, LONGWOOD, AND BASIL CAMPUSES. SCHEDULE K, PART II, LINE 3 THE AMOUNT INCLUDES INVESTMENT EARNINGS ON THE PROJECT FUND AND ON THE RESERVE FUND FOR THE PERIOD ENDING 6/30/2018. SCHEDULE K, PART II, LINE 4 AMOUNT SHOWN IS THE AMOUNT ON DEPOSIT ON 6/30/18, WHICH IS DIFFERENT FROM THE AMOUNT INITIALLY DEPOSITED IN THE RESERVE OF $3,180,000. SCHEDULE K, PART II, LINE 11 THIS AMOUNT WAS USED TO REFUND PRIOR BONDS. SCHEDULE K, PART II, LINE 12 THIS AMOUNT REMAINED ON 6/30/2018 IN THE PROJECT FUND. SCHEDULE K, PART II, LINE 13 THE FINANCED PROJECTS WERE NOT SUBSTANTIALLY COMPLETED BY 6/30/2018. PART IV LINE 24C - TAX-EXEMPT BONDS: A TRUSTEE DOES MAINTAIN A DEBT SERVICE RESERVE FUND AND A CAPITALIZED INTEREST FUND FOR TAX-EXMPT BONDS, BUT SINCE THESE FUNDS ARE NOT USED TO DEFEASE ANY TAX-EXEMPT BONDS, THE ORGANIZATION HAS ANSWERED "NO" TO #24C. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE ASSISTS IN PREPARING AND THEN REVIEWS A DRAFT OF FORM 990 THAT IS INITIALLY PREPARED BY THE FOUNDATION'S CPA FIRM. A FINAL COPY OF FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT OR BOARD MEMBERS BRING ANY POTENTIAL CONFLICTS OF INTEREST TO THE ATTENTION OF THE BOARD FOR REVIEW AND DISCUSSION. THE FOUNDATION ACTIVELY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY AND REQUESTS EACH BOARD MEMBER TO SIGN ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE, INCLUDING THE BOARD TREASURER AND OTHER DESIGNATED BOARD MEMBERS, REVIEW THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. IN ADDITION, THE FINANCE COMMITTEE REVIEWS THE COMPENSATION OF ALL EMPLOYEES AS PART OF THE ANNUAL BUDGET REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION FURNISHES ITS ANNUAL AUDITED FINANCIAL STATEMENTS UPON REQUEST. SCHEDULE R PART I - IDENTIFICATION OF DISREGARDED ENTITIES: THE FOUNDATION IS THE SOLE MANAGER AS WELL AS THE SOLE MEMBER OF CIVITAS EDUCATION PARTNERS, LLC. THE FOUNDATION IS THE SOLE MANAGER OF BOTH CIVITAS SCHOOLS, LLC AND QUEST MANAGEMENT, LLC. CIVITAS EDUCATION PARTNERS, LLC IS THE SOLE MEMBER OF BOTH CIVITAS SCHOOLS, LLC AND QUEST MANAGEMENT, LLC. THE INFO REPORTED ON SCHEDULE R PART I FOR CIVITAS EDUCATION PARTNERS, LLC INCLUDES INFO OF BOTH CIVITAS SCHOOLS, LLC AND QUEST MANAGEMENT, LLC. CIVITAS EDUCATION PARTNERS LLC 901 WEST JACKSON BOULEVARD SUITE 20 CHICAGO IL 60607 452578723 SCHOOL MANAGEMENT COMPANY IL 27056490 14883689 CHICAGO CHARTER SCHOOL FOUNDATION REASONABLE CAUSE WAIVER REQUEST - IRC 6651, FAILURE TO FILE PENALTY:LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE