2018-03-08T15:33:22-06:00 2017-06-30 420714325 RSM US LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2016-07-01 204069346 Catalyst Schools CATA 7732957001 6727 S California Ave Chicago IL 60629 Gordon Hannon CEO 7732957001 2018-02-27 1 Wayne Harder P00294296 3126343400 108.171.131.189 2018-02-27 13:43:09 CS P 4B8E1423B9F197D509CCF13AB357181C17C415CB 4EC0B96C62AE7F3F798FFAAE8A06701F68EED858 2016 2021-01-29 14:40:06Z Gordon Hannon 6727 S California Ave Chicago IL 60629 19939321 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 11 410 25 0 0 756839 697049 19485771 18478410 -126096 447 62818 741503 20179332 19917409 0 0 0 0 13633620 13791975 0 0 37220 5663505 5586119 19297125 19378094 882207 539315 15152329 17510695 7784868 9603919 7367461 7906776 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 18307471 18478410 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 character 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 leased from a former private school which was purchased in fiscal year 2017. The school operates two classrooms at each grade level with approximately 28 students per class (56 students per grade).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 operates two classrooms at each grade level, Kindergarten through 8th, with approximately 30 students per class (60 students per grade) and approximately 560 9th - 12th grade students. 18307471 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 19 0 1 410 1 0 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 Mark Parker Vice Chair (until 11/1/16) 1.00 X X 0 0 0 Steven Brown Treasurer 1.00 X X 0 0 0 Amy Soudan Secretary (until 9/1/16) 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 Larry Williams Director 1.00 X 0 0 0 Michael Kelly Director (until 11/1/16) 1.00 X 0 0 0 Steven D'Souza Director 1.00 X 0 0 0 Susan Wallace Director (until 11/1/16) 1.00 X 0 0 0 Rick Hurd Director 1.00 X 0 0 0 Greg Mooney Director (until 6/30/16) 1.00 X 0 0 0 Gordon Hannon CEO 40.00 X 161980 0 35524 Michele Nunez Director of Finance and Compliance 40.00 X 83902 0 10803 Dawn Sandoval High School Principal 40.00 X 130589 0 27028 Edmund Siderewicz Director of Mission & External Relations 40.00 X 104346 0 22664 LeAnne Wagner Director of Instructional Technology 40.00 X 100948 0 10803 Iyuna Harris Director of Special Education 40.00 X 102503 0 30696 Elizabeth A Jamison-Dunn Principal 40.00 X 110805 0 23620 795073 0 161138 6 0 1 0 Charter Substitute Teacher Network 73 W Monroe St Chicago IL 60603 Substitute Teaching Services 200438 1 46500 650549 348225 697049 Government Fees for Services 900099 17892800 17892800 Student Fees 900099 585610 585610 18478410 447 447 6373 46500 21912 -15539 -15539 Building Insurance Claim 900099 608757 608757 148285 148285 757042 19917409 18478410 0 741950 312911 296991 15920 12105414 11489522 615892 252824 239961 12863 793549 753175 40374 327277 310626 16651 38684 38684 120107 120107 215320 114985 100335 13234 50 13184 227794 213089 14705 795861 792314 3547 1624886 1600430 420 24036 167508 167508 801305 797670 3635 106899 106899 Education Admin. 613614 610753 2861 Professional Developmen 355896 313235 42661 Extra Curriculars 342757 342757 Student Services 116634 116634 45620 40872 4748 19378094 18307471 1033403 37220 3067142 3879270 4534 4360 1138455 1276874 119198 13000 18753410 6416219 10823000 12337191 15152329 17510695 1290108 1548038 29760 93236 6465000 7962645 7784868 9603919 X 7367461 7906776 0 0 7367461 7906776 15152329 17510695 539315 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1969855 1969855 10670717 1076847 9593870 1227818 541100 686718 4885020 4798272 86748 12337191 X 20130006 190685 190685 19939321 -21912 -21912 19917409 19590691 190685 21912 212597 19378094 0 19378094 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, 2017 and 2016, was not significant. On August 1, 2009, Catalyst adopted 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 and the state of Illinois. With few exceptions, Catalyst is no longer subject to examination by the Internal Revenue Service for years before 2014. Part XI, Line 4b - Other Adjustments: Fundraising Event Expenses -21,912. Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 21,912. 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 52873 46500 6373 4042 16120 1750 52873 46500 6373 4042 16120 1750 21912 -15539 X X 0 0 0 0 0 0 0 1 0 Gordon Hannon CEO 156480 0 5500 0 0 0 23242 0 12282 0 197504 0 0 0 Dawn Sandoval High School Principal 125089 0 5500 0 0 0 21300 0 5728 0 157617 0 0 0 Part I, Line 7 Catalyst Schools paid bonuses during 2016, 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 Pension Contributions 3 177856 Cost X Imputed Interest 2 167508 Cost X Auction Items 6 2861 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. Minutes are kept documenting the discussions setting officer compensation. All compensation is ultimately reviewed by the Board as part of the annual budget process. 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).