2019-04-02T15:58:24-05:00 2018-06-30 420714325 RSM US LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2017-07-01 204069346 Catalyst Schools CATA 7732957001 6727 S California Ave Chicago IL 60629 Gordon Hannon CEO 7732957001 2019-03-28 1 Rebekuh Eley P01247672 3126343400 108.171.131.186 2019-03-28 19:44:50 CD P F6217F2D6ED5C2D75B43E0AF4E216B671259B073 F6217F2D6ED5C2D75B43E0AF4E216B671259B073 2017 2019-02-21 02:37:17Z Gordon Hannon 6727 S California Ave Chicago IL 60629 21892212 0 X www.catalystschools.org X 2005 IL Catalyst Schools operate tuition-free public grade schools and high school committed to providing quality education for students and families in low income communities of Chicago. 11 11 395 25 0 21430 697049 2525379 18478410 19214090 447 8093 741503 126109 19917409 21873671 0 0 0 0 13791975 14144116 0 0 43011 5586119 4359039 19378094 18503155 539315 3370516 17510695 20749259 9603919 9471967 7906776 11277292 X Catalyst Schools operate tuition-free public grade schools and high school committed to providing quality education for students and families in low income communities of Chicago. 0 0 17567414 19214090 Catalyst Schools partner with urban communities to offer college-preparatory K-12 education. Each child is given a rigorous academic program suited to his or her needs. In addition, Catalyst helps each child develop positive leadership traits that will help him or her be an asset and change agent in the community. Catalyst's goal is to provide a quality educational choice to families who experience the effects of economic difficulty and who have not been adequately served by existing educational institutions so their children will ultimately graduate from college. Catalyst has two campuses.Circle Rock Elementary School is a Kindergarten through 8th grade school, in the Austin neighborhood and opened in fall 2007, in a building that was purchased in fiscal year 2017. The school operates two classrooms at each grade level with approximately 520 students enrolled.Catalyst Maria Charter School is a Kindergarten through 12th grade school in the Chicago Lawn neighborhood. The Catalyst Maria Charter School enrolls 1,100 students. The building is owned and operated by the Catalyst Schools. The school has approximately 540 Kindergarten through 8th students and approximately 560 9th - 12th grade students. 17567414 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 395 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Gordon Hannon 7732957001 6727 S California Ave Chicago IL 60629 Dr Colleen Reardon Chairman 1.00 X X 0 0 0 Larry Williams Vice Chair 1.00 X X 0 0 0 Steven Brown Treasurer 1.00 X X 0 0 0 Andrew Jones Director 1.00 X 0 0 0 Beth Hostetler Sandon Director 1.00 X 0 0 0 Catherine Burns Rich Director 1.00 X 0 0 0 Terrence Toth Director 1.00 X 0 0 0 James Mendelson Director 1.00 X 0 0 0 Steven D'Souza Director 1.00 X 0 0 0 Rick Hurd Director 1.00 X 0 0 0 Yuan-Ying Hsu Director 1.00 X 0 0 0 Gordon Hannon CEO 40.00 X 172639 0 35124 Michele Nunez Director of Finance and Compliance 40.00 X 97225 0 11857 Dawn Sandoval High School Principal 40.00 X 130428 0 25489 Jasmia Fowler Principal 40.00 X 108775 0 20188 LeAnne Wagner Director of Instructional Tech. 40.00 X 101479 0 11420 Iyuna Harris Director of Special Education 40.00 X 103726 0 28823 Elizabeth A Jamison-Dunn Principal 40.00 X 115895 0 25304 830167 0 158205 7 0 1 0 Charter Substitute Teacher Network 73 W Monroe St Chicago IL 60603 Substitute Teaching Services 157560 1 42200 2483179 154440 2525379 Government Fees for Services 900099 18702847 18702847 Student Fees 900099 511243 511243 19214090 8093 8093 3985 42200 18541 -14556 -14556 Building Insurance Claim 900099 113229 113229 27436 27436 140665 21873671 19214090 0 134202 317250 303958 13292 12336809 11819922 516887 280352 268606 11746 874708 838059 36649 334997 320961 14036 26609 26609 109035 109035 205398 119217 86181 20755 806 19949 243863 224204 19659 645764 644209 1555 1003176 980114 23062 154440 154440 541882 539581 2301 102141 102141 Education Admin. 502696 502666 30 Extra Curriculars 368322 367995 327 Professional Developmen 286422 236312 50110 Student Services 77891 77891 70645 66332 4313 18503155 17567414 892730 43011 3879270 6102286 4360 4187 1276874 1231890 13000 215585 20153410 6958099 12337191 13195311 17510695 20749259 1548038 1486899 93236 70776 7962645 7914292 9603919 9471967 X 7906776 9874260 1403032 7906776 11277292 17510695 20749259 3370516 0 X 0 1 X 1 1 1 X 1969855 1969855 11514690 1491857 10022833 1227818 610651 617167 4992798 4855591 137207 448249 448249 13195311 X 22325977 433765 433765 21892212 -18541 -18541 21873671 18955461 433765 18541 452306 18503155 0 18503155 Part X, Line 2: Catalyst is organized exclusively for charitable, educational and religious purposes and is exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. Net unrelated business income for the years ended June 30, 2018 and 2017, was not significant. Catalyst follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, Catalyst may recognize the tax benefit from an uncertain 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 Catalyst and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Catalyst files forms 990 in the U.S. federal jurisdiction. Part XI, Line 4b - Other Adjustments: Fundraising Event Expenses -18,541. Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 18,541. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 At the Catalyst Schools, we believe every child possesses inherent value and potential regardless of background, educational level, or life circumstances. Schedule E, Part I, Line 6 The Organization receives assistance from local, state and federal government. Education Celebration 46185 42200 3985 2340 13648 2553 46185 42200 3985 2340 13648 2553 18541 -14556 X X 0 0 0 0 0 0 0 1 0 Gordon Hannon CEO 162189 0 10450 0 0 0 22406 0 12718 0 207763 0 0 0 Dawn Sandoval High School Principal 129128 0 1300 0 0 0 19197 0 6292 0 155917 0 0 0 Part I, Line 7 Catalyst Schools paid bonuses during 2017, some of which are reported on Part II, column (B)(ii). These bonuses were determined based on performance and were approved by the discretion of either the Principals, CEO, or Board of Directors. X Imputed Interest 2 154440 Cost 0 0 0 0 Part I, Column (b): Represents the number of contributions. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the Treasurer and all members of the Board prior to filing. Form 990, Part VI, Section B, line 12c The Catalyst Board Manual and Catalyst Employee Handbook addresses the Board members/employees responsibilities to raise any possible conflict of interest. The Catalyst Code of Ethics, Conflict of Interest, and Whistleblower policies are acknowledged annually by employees and Board members. Form 990, Part VI, Section B, line 15 The compensation of the CEO and other officers is reviewed by the Board annually. Comparability data is reviewed for all employees. All compensation is ultimately reviewed by the Board as part of the annual budget process. A Board vote is taken on the approval of the annual budget, which is documented on the finance committee board minutes and posted on Catalyst Schools' website. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).