2018-05-11T15:03:32-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STE 1000 PEORIA IL 61602 990 2016-07-01 270681058 PEORIA CHARTER SCHOOL INITIATIVE CO NFP PEOR 3094020030 2503 N UNIVERSITY ST PEORIA IL 616042601 GLENN ROSS TREASURER 3094020030 2018-05-09 1 SAMUEL A CIGELNIK CPA P00324762 3096714500 2018-05-09 67.137.57.251 2018-05-09 16:39:49 CD P 3CC01FDBBBF5F1C37350B9F08E0FA4664EF72C75 81E92C0E58848C1A1169BF06BBCC8864E75D257C 2016 2021-01-29 14:40:06Z QUEST CHARTER ACADEMY GLENN ROSS 2503 N UNIVERSITY ST PEORIA IL 616042601 8054925 0 X WWW.QUESTPEORIA.ORG X 2009 IL THE MISSION OF THE ORGANIZATION IS TO PROVIDE CHILDREN IN GRADES 5 THROUGH 12, A COLLEGE PREPARATORY EDUCATION FOCUSING ON MATH, SCIENCE AND TECHNOLOGY. 9 9 107 10 0 0 634861 250151 5589114 6005263 0 512 1310707 1790321 7534682 8046247 0 0 0 0 3113472 3472350 0 0 0 3343071 3681825 6456543 7154175 1078139 892072 2743952 3111030 977884 567420 1766068 2543610 THE MISSION OF THE ORGANIZATION IS TO PROVIDE CHILDREN IN GRADES 5 THROUGH 12, A COLLEGE PREPARATORY EDUCATION FOCUSING ON MATH, SCIENCE, AND TECHNOLOGY. 0 0 829977 501725 THE SCHOOL SUCCESSFULLY EDUCATED 590 STUDENTS IN SCHOOL YEAR 2016-2017. THIS EDUCATION FOCUSES ON PREPARING THE STUDENTS FOR HIGH SCHOOL AND COLLEGE. THIS PORTION REPRESENTS THE FOOD SERVICE AND STUDENT TRANSPORTATION SERVICES PROVIDED BY THE SCHOOL. 3846004 5801091 THE SCHOOL SUCCESSFULLY EDUCATED 590 STUDENTS IN SCHOOL YEAR 2016-2017. THIS EDUCATION FOCUSES ON PREPARING THE STUDENTS FOR HIGH SCHOOL AND COLLEGE. 1481724 1481724 THE STATE OF ILLINOIS PROVIDES MONEY THAT IS DEPOSITED INTO THE TEACHERS RETIREMENT SYSTEM. PEORIA CHARTER SCHOOL INITIATIVE SHOWS THIS ON THEIR INCOME STATEMENT AS INCOME FROM THE STATE, WITH AN EQUAL AMOUNT OF EXPENSE INDICATING THAT THE SAME AMOUNT WAS DEPOSITED INTO THE RETIREMENT SYSTEM. 6157705 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 107 0 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1 1 0 X DEBORAH LAHOOD BUSINESS MANAGER 3094020030 2503 N UNIVERSITY ST PEORIA IL 616042601 GLENN R ROSS CFO 3.00 X X 0 0 0 JAN LEONARD BOARD MEMBER 3.00 X 0 0 0 LARAINE BRYSON BOARD MEMBER 3.00 X 0 0 0 MAC POGUE BOARD MEMBER 3.00 X 0 0 0 MARTI BLOODSAW BOARD MEMBER 3.00 X 0 0 0 RENNIE ATTERBURY SECRETARY 3.00 X X 0 0 0 ROGERS TURNER BOARD MEMBER 3.00 X 0 0 0 TOM FLIEGE PRESIDENT 3.00 X X 0 0 0 WILL BALL VICE PRESIDENT 3.00 X X 0 0 0 NICOLE WOOD EXECUTIVE DIRECTOR 50.00 X 139927 0 8437 DEBORAH LAHOOD BUSINESS MANAGER 40.00 X 73718 0 8255 213645 0 16692 1 0 0 0 FIRST STUDENT INC 22157 NETWORK PLACE CHICAGO IL 606731221 SCHOOL BUS SERVICE 448695 ARMARK FOOD SERVICE 900 KOCH ST SUITE 2 PEKIN IL 61554 FOOD SERVICE 399578 STELLAR SYSTEMS INC 222 NE MONROE ST SUITE 902 PEORIA IL 61602 TECHNOLOGY SERVICES 117420 PHD SERVICES 519 ABINGTON ST PEORIA IL 61603 CUSTODIAL SERVICE 109915 4 12000 19130 219021 250151 REVENUE FROM PUBLIC SC 611600 5427080 5427080 FOOD SERVICE 611600 392756 392756 TRANSPORTATION 611600 108969 108969 ATHLETICS 611600 45310 45310 EXTRACURRICULAR ACTIVI 611600 14045 14045 17103 17103 6005263 512 512 19722 19130 8678 11044 11044 STATE OF ILLINOIS RETI 611600 1481724 1481724 GAIN ON FORGIVENESS OF 611600 290500 290500 OTHER INCOME 611600 7053 7053 1779277 8046247 7784540 0 11556 X 213645 213645 2674441 2227527 446914 44196 44196 540068 386602 153466 53048 12732 40316 465598 465598 4196 4196 10512 10512 186468 186468 52419 52419 STATE OF ILLINOIS RETIR 1481724 1481724 STUDENT TRANSPORTATION 448905 448905 FOOD SERVICE 381072 381072 OFFICE EQUIPMENT 291583 288458 3125 306300 234423 71877 7154175 6157705 996470 0 1421366 1862067 193250 113568 9263 12270 1874566 751441 1120073 1123125 2743952 3111030 409606 345197 290500 0 277778 222223 977884 567420 X 1451392 2210944 314676 332666 1766068 2543610 2743952 3111030 X 892072 -114530 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 301190 50198 250992 906268 355364 550904 644917 345879 299038 22191 22191 1123125 X 8054925 8678 8678 8046247 0 8046247 7162853 8678 8678 7154175 0 7154175 PART X, LINE 2: THE SCHOOL RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A 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 THE SCHOOL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGMENT. THE SCHOOL BELIEVES THAT ALL ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL FILES FORMS 990 IN THE U.S. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 8,678. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 8,678. 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 POLICY HAS BEEN EXPLAINED THROUGH OUR SCHOOL BROCHURES AND IN OUR GENERAL APPLICATION / REGISTRATION PROCESS. SCHEDULE E, PART I, LINE 6 $5,427,080 - GRANTS FROM PEORIA SCHOOL DISTRICT #150 TO OPERATE SCHOOL THROWBACK PROM 38852 19130 19722 5428 2100 1150 38852 19130 19722 5428 2100 1150 8678 11044 GLEN BARTON BOARD PRESIDENT EMERITUS FOR BUILDING IMPROVEMENTS X 290500 0 0 1 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC THROUGH PUBLICLY AVAILABLE BOARD MEETING DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 15 WE ARE WORKING WITH A MANAGEMENT COMPANY. THE PRINCIPAL AND BUSINESS MANAGER GET PAID FROM THE MANAGEMENT COMPANY. ALL TEACHERS AND THE ASSISTANT PRINCIPAL RECEIVE THEIR SALARY FROM THE SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH PUBLICLY AVAILABLE BOARD MEETING DOCUMENTS. FORM 990, PART IX, LINE 24E STUDENT AND PARENT SERVICE: PROGRAM SERVICE EXPENSES 146,786. MANAGEMENT AND GENERAL EXPENSES 27,714. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 174,500. PRINTING, PUBLICATION, & ARTWORKS: PROGRAM SERVICE EXPENSES 35,180. MANAGEMENT AND GENERAL EXPENSES 14,707. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,887. SUPPLIES: PROGRAM SERVICE EXPENSES 38,553. MANAGEMENT AND GENERAL EXPENSES 9,113. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,666. STAFF RECRUITMENT: PROGRAM SERVICE EXPENSES 11,404. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,404. POSTAGE, SHIPPING AND DELIVERY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,990. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,990. MEMBERSHIP & MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,727. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,727. SCHOLARSHIP: PROGRAM SERVICE EXPENSES 2,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,500. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 626. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 626. FORM 990, PART XI, LINE 9: RESTATEMENT OF NET ASSETS ON PRIOR YEAR FINANCIAL STATEMENTS -114,530. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS THE AUDIT COMMITTEE AND IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM LAST YEAR.