2018-02-23T09:41:11-06:00 2017-06-30 362170602 WARADY & DAVIS LLP 1717 DEERFIELD RD SUITE 300S DEERFIELD IL 60015 990 2016-07-01 464784152 LEAP INNOVATIONS LEAP 3128097029 222 W MERCHANDISE MART NO 1212 CHICAGO IL 60654 PHYLLIS LOCKETT PRESIDENT & CEO 3128097029 2018-01-30 1 SUSAN GREGGO P00595460 8472679600 69.8.122.20 2018-01-30 16:25:11 CS P 905A8AEB93E19AC2E64EFE184B7384C69F1E55F4 0B72DF2859A212EF9B7198663E50EEEE9EDF73ED 2016 2021-01-29 14:40:06Z PHYLLIS LOCKETT 222 W MERCHANDISE MART NO 1212 CHICAGO IL 60654 3702359 0 X WWW.LEAPINNOVATIONS.ORG X 2013 IL TO FOSTER THE USE OF PERSONALIZED LEARNING & TECHNOLOGY TO ACCELERATE STUDENT EDUCATION. 7 6 27 12 0 0 5311163 2822427 511592 871675 3644 7207 0 1050 5826399 3702359 879250 830750 0 0 2186868 2923226 0 0 410390 2158826 2218571 5224944 5972547 601455 -2270188 7921596 5450856 570025 369473 7351571 5081383 X TO FOSTER THE USE OF PERSONALIZED LEARNING AND TECHNOLOGY TO ACCELERATE EDUCATION FOR EVERY STUDENT. 0 0 809617 466000 THE LEAP PILOT NETWORK PILOTS AND EVALUATES THE BEST LEARNING TECHNOLOGIES AND HELPS SCALE WHAT WORKS. WE LOOK GLOBALLY TO IDENTIFY THE BEST SOLUTIONS FOR KEY LEARNING GAPS AND THEN PILOT THEM IN REAL-LIFE LEARNING SITUATIONS. WE SEE WHAT WORKS WITH RESEARCH BASED ON NATIONAL STANDARDS, AND THEN SCALE THE BEST SOLUTIONS. 546090 406500 PROFESSIONAL DEVELOPMENT- LEAP HAS CREATED PROFESSIONAL DEVELOPMENT OFFERINGS AND A PERSONALIZED LEARNING FRAMEWORK TO HELP BUILD CAPACITY AMONG EDUCATORS TO IMPLEMENT PERSONALIZED LEARNING, LOCALLY AND ACROSS THE COUNTRY. 1266887 830750 BREAKTHROUGH SCHOOLS CHICAGO IS AN 18-MONTH, WHOLE-SCHOOL DESIGN PROGRAM, IN WHICH LEAP PROVIDES PROGRAMMATIC AND FINANCIAL SUPPORT TO SELECT SCHOOLS THAT ARE INTERESTED IN CREATING A PERSONALIZED LEARNING EXPERIENCE FOR ALL OF THEIR STUDENTS. THE BREAKTHROUGH SCHOOLS ARE BUILDING INNOVATIVE SCHOOLS THAT WILL SERVE AS LOCAL AND NATIONAL EXEMPLARS. 726885 RESEARCH - LEAP HAS ALSO CREATED A SUITE OF RESEARCH TOOLS TO HELP EDUCATORS IMPLEMENT PERSONALIZED LEARNING, LOCALLY AND ACROSS THE COUNTRY. 364694 225 THE LEAP COLLABORATORY CONVENES EDUCATORS, TECH COMPANIES AND ENTREPRENEURS, INNOVATIVE THOUGHT LEADERS, AND OTHERS TO COLLABORATE AND DRIVE INNOVATION THROUGH PROGRAMMING, NETWORKING OPPORTUNITIES, AND OTHER EDUCATIONAL EXPERIENCES. 521131 LEARNING ASSEMBLY (ED TECH HUB) - THROUGH THE LEARNING ASSEMBLY, LEAP IS LEADING A NATIONAL COMMUNITY OF PRACTICE FOR OTHER ORGANIZATIONS THAT ARE PILOTING AND EVALUATING EDTECH SOLUTIONS, IN ORDER TO DRIVE THE SETTING OF STANDARDS AND BEST PRACTICES. 1612710 225 4235304 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 45 0 27 1 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 0 IL X BARBARA VIJUK 3128097029 222 WEST MERCHANDISE MART SUITE CHICAGO IL 60654 PHYLLIS LOCKETT PRESIDENT & CEO 40.00 X X 289411 0 24759 MICHAEL ALTER CHAIR 0.50 X X 0 0 0 TIMOTHY SCHWERTFEGER TREASURER & SECRETARY 0.50 X X 0 0 0 ULRIK CHRISTENSEN DIRECTOR 0.50 X 0 0 0 JEFFREY HAMMES DIRECTOR 0.50 X 0 0 0 MICHAEL MOE DIRECTOR 0.50 X 0 0 0 DAVID LEVY DIRECTOR 0.50 X 0 0 0 LEO MELAMED THRU 1116 DIRECTOR 0.50 X 0 0 0 JOHN ROWE THRU 117 DIRECTOR 0.50 X 0 0 0 SIDDARTH BOBBY MEHTA THRU 317 DIRECTOR 0.50 X 0 0 0 JAMES OLIFF THRU 417 DIRECTOR 0.50 X 0 0 0 CHI-YUN AMY HUANG SR DIR OF LOCAL PROG & SCHOOL INNOVATIONS 40.00 X 137443 0 22911 CHRIS LIANG DIRECTOR OF LEARNING INNOVATION 40.00 X 133816 0 7844 AMY NOWELL DIRECTOR OF RESEARCH 40.00 X 135279 0 8324 MEGAN VIDIS DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 126973 0 36677 ELIZABETH PISNEY SR DIRECTOR OF COLLABORATORY 40.00 X 124766 0 17108 947688 0 117623 9 0 1 0 MCKINSEY & COMPANY 300 E RANDOPH ST SUITE 3100 CHICAGO IL 60601 BUSINESS PLANNING 250000 AM INST FOR RESEARCH 1000 THOMAS JEFFERSON ST NW 200 WASHINGTON DC 20007 SURVEY DEVELOPMENT 205120 ZENO GROUP INC 130 E RANDOPLH ST 30TH FL CHICAGO IL 60601 PUBLIC RELATIONS 109833 AFTON PARTNERS LLC 105 W ADAMS ST SUITE 1900 CHICAGO IL 60603 RSRCH ON SCHL MODELS 105704 4 2822427 2822427 PILOT NETWORK FEES 611710 466000 466000 PROFESSIONAL DEV. 611430 405450 405450 COLLABORATORY 611710 225 225 871675 7207 7207 MISCELLANEOUS REVENUE 900099 1050 1050 1050 3702359 872725 0 7207 X 830750 830750 321500 128600 86805 106095 2157254 1540335 495892 121027 64152 43265 15629 5258 205030 127152 59615 18263 175290 121245 40840 13205 45336 45336 28675 28675 1029787 777809 156978 95000 213580 213580 53580 30373 17872 5335 57009 35627 21382 230772 176993 33612 20167 84146 31553 44035 8558 36493 7893 24936 3664 317 317 117377 105419 7474 4484 22474 11220 9010 2244 EDUCATOR PROF. DEV. 244063 244063 STAFF RECR. AND DEV. 30309 12822 17487 REP., MAINT. AND EQUIP. 12736 9999 2737 DUES AND SUBSCRIPTIONS 11394 186 4118 7090 523 523 5972547 4235304 1326853 410390 6354190 3983773 1125199 903225 154546 328750 26898 36515 116461 86201 47288 30260 194375 142854 19100 25479 7921596 5450856 425989 327721 131500 22126 12536 19626 570025 369473 X 1664632 2725232 5686939 2356151 7351571 5081383 7921596 5450856 -2270188 0 X 0 1 X 0 0 X 229960 8795167 5311163 2822427 17158717 229960 8795167 5311163 2822427 17158717 7486793 9671924 785 4420 7207 12412 112 1050 1162 17172291 1495575 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 47437 44280 3157 69024 41921 27103 30260 CAPITAL LEASE OBLIGATION 9626 REFUNDABLE ADVANCES 10000 19626 X 3832308 129949 129949 3702359 0 3702359 6102496 129949 129949 5972547 0 5972547 PART X, LINE 2: LEAP FOLLOWS THE GUIDANCE IN THE FASB CODIFICATION TOPIC RELATED TO UNCERTAINTY IN INCOME TAXES WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT LEAP HAS TAKEN OR EXPECTS TO TAKE IN ITS TAX RETURNS. UNDER THE GUIDANCE, LEAP MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS "MORE LIKELY THAN NOT" THAT IT IS SUSTAINABLE, BASED ON ITS TECHNICAL MERITS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY HAVING FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. LEAP BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS RETURNS. 1 GREAT LAKES ACADEMY CHARTER SCHOOL 8401 S SAGINAW CHICAGO IL 60617 461862158 501(C)(3) 65750 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL PATRICK HENRY ELEMENTARY (CHICAGO PUBLIC SCHOOLS) 4250 N ST LOUIS AVE CHICAGO IL 60618 366005821 95000 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL FREDERICO GARCIA LORCA ELEMENTARY (CHICAGO PUBLIC SCHOOLS) 3231 N SPRINGFIELD AVE CHICAGO IL 60618 366005821 5000 FUND DEVELOPMENT OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL GWENDOLYN BROOKS COLLEGE PREP (CHICAGO PUBLIC SCHOOLS) 250 E 111TH ST CHICAGO IL 60628 366005821 95000 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL DISNEY II MAGNET SCHOOL (CHICAGO PUBLIC SCHOOLS) 3815 N KEDVALE AVE CHICAGO IL 60641 366005821 95000 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL UC CHARTER SCHOOL - DONOGHUE 707 E 37TH ST CHICAGO IL 60653 364225812 501(C)(3) 95000 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL ROBERT LINDBLOM MATH & SCIENCE (CHICAGO PUBLIC SCHOOLS) 6130 S WOLCOTT AVE CHICAGO IL 60636 366005821 95000 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL CICS IRVING PARK CHARTER SCHOOL (DISTINCTIVE SCHOOLS) 3820 N SPAULDING CHICAGO IL 60618 274967763 501(C)(3) 185000 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL JOSEPH LOVETT ELEMENTARY SCHOOL (CHICAGO PUBLIC SCHOOLS) 6333 W BLOOMINGDALE AVE CHICAGO IL 60639 366005821 95000 FUND IMPLEMENTATION OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL INTRINSIC CHARTER SCHOOL 4540 W BELMONT AVE CHICAGO IL 60641 455454261 501(C)(3) 5000 FUND DEVELOPMENT OF A COMPREHENSIVE PROPOSAL FOR A WHOLE-SCHOOL, NEXT-GENERATION MODEL 10 PART I, LINE 2: LEAP MONITORS ITS GRANTEES' USE OF GRANT DOLLARS VIA REGULAR BUDGET REPORTS, NARRATIVE REPORTS, AND ON-SITE COACHING VISITS. PRIOR TO SIGNING GRANT TERMS AND CONDITIONS, GRANTEES DESCRIBE THE PLANNED USE OF GRANTS; THIS IS REQUIRED FOR APPROVAL. MIDWAY THROUGH THE GRANT PERIOD, AND PRIOR TO THE NEXT DISBURSEMENT, GRANTEES REPORT ON THE ACTUAL USAGE OF GRANT DOLLARS AND THE IMPACT THAT THE GRANT HAS HAD ON THEIR WORK; ANY ADJUSTMENTS ARE REQUESTED AND DOCUMENTED AT THIS TIME. THROUGHOUT THE GRANT CYCLE, LEAP STAFF MEMBERS CONDUCT COACHING VISITS AT THE SCHOOLS; AT THESE VISITS, IMPACT OF THE IMPLEMENTATION OF GRANT DOLLARS IS DISCUSSED. AT THE END OF THE GRANT CYCLE, GRANTEES REPORT ON THE USAGE AND IMPACT. X X X 0 0 0 0 0 0 0 0 0 PHYLLIS LOCKETT PRESIDENT & CEO 289411 0 0 0 0 0 13250 0 11509 0 314170 0 0 0 CHI-YUN AMY HUANG SR DIR OF LOCAL PROG & SCHOOL INNOVA 137443 0 0 0 0 0 7000 0 15911 0 160354 0 0 0 MEGAN VIDIS DIRECTOR OF EXTERNAL AFFAIRS 126973 0 0 0 0 0 6171 0 30506 0 163650 0 0 0 PART I, LINE 3 THE PROCESS OF DETERMINING COMPENSATION FOR THE CEO UTILIZES A COMPENSATION ANALYSIS. THE BOARD OF DIRECTORS HAS OVERSIGHT OF THE PROCESS AND THE OVERALL ANNUAL COMPENSATION AMOUNT IS APPROVED BY THEM. FORM 990, PART VI, SECTION A, LINE 2 JOHN ROWE AND BOBBY MEHTA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER, PHYLLIS LOCKETT, WHO IS THE INITIAL MEMBER. THE INITIAL MEMBER MAY FROM TIME TO TIME DESIGNATE ONE OR MORE INDIVIDUALS AS HER SUCCESSOR OR SUCCESSORS, OR A SERIES OF SUCCESSORS, TO SERVE AFTER THE INITIAL MEMBER CEASES TO BE A MEMBER AND MAY SPECIFY THE LENGTH OF TIME THAT EACH SUCCESSOR SHALL SERVE. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS SHALL: (A) HAVE THE RIGHT, TOGETHER WITH THE AFFIRMATIVE VOTE OF A MAJORITY OF THE THEN ACTING DIRECTORS OF THE CORPORATION, TO APPROVE AN AMENDMENT TO THE ARTICLES OF INCORPORATION; (B) HAVE THE RIGHT, TOGETHER WITH THE AFFIRMATIVE VOTE OF A MAJORITY OF THE THEN ACTING DIRECTORS OF THE CORPORATION, TO ADOPT AND AMEND THESE BYLAWS; (C) HAVE THE RIGHT TO APPROVE (I) ANY VOLUNTARY DISSOLUTION OF THE CORPORATION; (II) ANY MERGER OR CONSOLIDATION OF THE CORPORATION; OR (III) ANY SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, THE PROPERTY AND ASSETS OF THE CORPORATION IF NOT MADE IN THE USUAL AND REGULAR COURSE OF THE CONDUCT OF THE AFFAIRS OF THE CORPORATION; AND (D) HAVE THE RIGHT TO APPROVE ALL MATTERS PERTAINING TO THE AFFAIRS OF THE CORPORATION ON WHICH A VOTE OF THE MEMBERS IS REQUIRED BY THE NOT FOR PROFIT CORPORATION ACT, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS, OR IS OTHERWISE DEEMED DESIRABLE BY THE BOARD OF DIRECTORS. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE ON ALL MATTERS SUBMITTED TO A VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A DRAFT VERSION OF THE FORM 990 WILL BE REVIEWED BY THE BOARD FOLLOWING MANAGEMENT'S INTERNAL REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY QUESTIONNAIRE IS ANNUALLY DISTRIBUTED AND COMPLETED. THE BOARD DISCUSSES ALL CONFLICTS OF INTEREST THAT ARISE, INCLUDING POTENTIAL CONFLICTS WITH NEW BOARD MEMBERS. CONFLICTS OF INTEREST WOULD BE DEALT WITH BY THE BOARD ON A CASE BY CASE BASIS AT THE TIME THAT THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR WAS PERFORMED BY INDEPENDENT BOARD MEMBERS AND INCLUDED A COMPENSATION SURVEY WITH THE DELIBERATION AND DECISION DOCUMENTED IN THE BOARD MINUTES. THERE WERE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES AS OF THE FISCAL YEAR END. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 745,809. MANAGEMENT AND GENERAL EXPENSES 149,744. FUNDRAISING EXPENSES 95,000. TOTAL EXPENSES 990,553. CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,234. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,234. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. HONORARIUM: PROGRAM SERVICE EXPENSES 32,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,000.