2018-05-14T10:41:15-05:00 2017-06-30 362938874 Ostrow Reisin Berk & Abrams Ltd 455 N Cityfront Plaza Dr Suite 1500 Chicago IL 60611 990 2016-07-01 364093845 ARIEL EDUCATION INITIATIVE ARIE 3127260140 200 E RANDOLPH No 2900 CHICAGO IL 60601 PHYLLIS BRADY EXECUTIVE DIRECTOR 3127260140 2018-05-08 1 Larry Sophian P00079652 3126707444 2018-05-08 2016 2022-09-23 18:48:47Z PHYLLIS BRADY 200 E RANDOLPH No 2900 CHICAGO IL 60601 863374 0 X WWW.ARIELINVESTMENTS.COM X 1996 IL TO STRENGTHEN COMMUNITIES BY CREATING A NATIONAL MODEL BASED ON INNOVATIVE EDUCATION AND TO INTRODUCE A DIALOGUE OF SAVING AND INVESTING AT THE DINNER TABLE OF EVERY AFRICAN-AMERICAN FAMILY. 4 3 17 0 0 0 672327 843228 0 0 37761 15040 1804 0 711892 858268 0 0 0 0 533885 497093 0 0 0 84663 282733 618548 779826 93344 78442 488441 572841 102069 72721 386372 500120 X TO STRENGTHEN COMMUNITIES BY CREATING A NATIONAL MODEL BASED ON INNOVATIVE EDUCATION AND TO INTRODUCE A DIALOGUE OF SAVING AND INVESTING AT THE DINNER TABLE OF EVERY AFRICAN-AMERICAN FAMILY. 0 0 320454 ARIEL COMMUNITY ACADEMY - ARIEL EDUCATION INITIATIVE HELPS SUPPORT THE OVERALL OPERATIONS AT ARIEL COMMUNITY ACADEMY, A CHICAGO PUBLIC SCHOOL, THROUGH SUPPLEMENTAL STAFF AND GENERAL FUNDING. THE ORGANIZATION'S GOAL IS TO INFUSE A UNIQUE FIANCIAL LITERACY CURRICULUM INTO THE ACADEMY AND CREATE AN INNOVATIVE MODEL FOR OTHER PUBLIC SCHOOLS TO FOLLOW. 222052 ARIEL EXTENDED DAY PROGRAM - THIS PROGRAM PROVIDES BEFORE ANDAFTER-SCHOOL PROGRAMS AND SUPPORT AT ARIEL COMMUNITY ACADEMY,OFFERING VARIOUS ACADEMIC, CULTURAL, ATHLETIC AND SOCIALACTIVITIES. 50171 ARIEL-NUVEEN INVESTMENT PROGRAM - THIS PROGRAM PROVIDES STUDENTS AT ARIEL COMMUNITY ACADEMY THE OPPORTUNITY TO INVEST REAL MONEY AND CONTROL A PORTION OF THEIR OWN CLASS PORTFOLIO. ECONOMIC CONCEPTS ARE TAUGHT AT ALL GRADE LEVELS AND THROUGHOUT ALL SUBJECT AREAS AT THE SCHOOL AND EXTEND BEYOND THE CLASSROOM AND INTO THE COMMUNITY THROUGH PARENT OUTREACH AND SEMINARS. 145017 Wasatch Program - This program holds annual conferences whereby participants brainstorm ideas to improve nationwide education. Ideas materialize into programs which are funded by the Wasatch Program participants. 145017 737694 1 1 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 1 0 0 17 1 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X PHYLLIS BRADY 3127260140 200 E RANDOLPH No 2900 CHICAGO IL 60601 X JOHN W ROGERS JR TREASURER 1.00 X X 0 0 0 SARAH DUNCAN SECRETARY 1.00 X X 0 0 0 LENNETTE COLEMAN BOARD MEMBER 1.00 X 15000 0 0 DR DOLORES NORTON BOARD MEMBER 1.00 X 0 0 0 PHYLLIS BRADY EXECUTIVE DIRECTOR 3.00 X 0 0 0 15000 0 0 0 0 0 0 0 843228 843228 12194 12194 7952 5106 2846 2846 2846 858268 0 0 15040 15000 15000 293507 293178 329 9798 9798 94092 94092 84696 84696 16768 16768 19001 15185 3816 13 13 145017 145017 2154 2154 17908 8654 9254 Student Expenses 81083 81083 VAN EXPENSE 789 789 779826 737694 42132 0 X 65123 225231 50000 25000 77567 6132 80726 76936 5944 3790 289807 312688 488441 572841 102069 72721 102069 72721 X 160435 -87036 225937 587156 386372 500120 488441 572841 78442 35306 0 X 0 1 X 1 0 X 604300 656405 512750 672327 843228 3289010 604300 656405 512750 672327 843228 3289010 1720588 1568422 6808 4927 28327 28045 15040 83147 1804 1804 3373961 0.46490 0.35480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50507 50507 0 30219 26429 3790 3790 X 926774 35306 33200 68506 858268 0 858268 813026 33200 33200 779826 0 779826 Part X, Line 2: THE ORGANIZATION 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 ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE ORGANIZATION HAS NOT REPORTED ANY INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX AND THUS HAS NOT BEEN REQUIRED TO FILE EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. THE ORGANIZATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017 AND 2016. Form 990, Part VI, Section B, line 11b THE BOARD OF DIRECTORS ARE PRESENTED WITH A COPY OF THE FINAL DRAFT OF FORM 990. THE BOARD REVIEWS THE FORM 990 PRIOR TO ITS FILING. Form 990, Part VI, Section B, line 12c THE BOARD OF DIRECTORS ARE REQUIRED ON AN ANNUAL BASIS TO AFFIRM THEIR UNDERSTANDING AND COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IN THE FORM OF AN ANNUAL STATEMENT. NO CONFLICT OF INTEREST HAS ARISEN TO DATE, THEREFORE NO ENFORCEMENT HAS BEEN NEEDED. ALL INTERESTED PARTIES SELF-MONITOR THROUGHOUT THE YEAR. IF A CONFLICT IS IDENTIFIED, THEN THE INTERESTED PERSON IS REQUIRED TO DISCLOSE THE CONFLICT IMMEDIATELY. Form 990, Part VI, Section C, line 19 DOCUMENTS ARE MAINTAINED ON FILE FOR PUBLIC REVIEW ON SITE AT THE ORGANIZATION'S OFFICE. FORM 990, PART VII, SECTION A, LINE 1A: ARIEL EDUCATION INITIATIVE (AEI) SUPPORTS ARIEL COMMUNITY ACADEMY (ACA) THROUGH SUPPLEMENTAL STAFF AND GENERAL FUNDING. AS PART OF THIS SUPPORT, AEI PAID $15,000 IN SALARY FOR LENNETTE COLEMAN, AEI BOARD MEMBER, FOR HER WORK AS PRINCIPAL OF ACA DURING THE CALENDAR YEAR.