2018-11-05T14:14:58-06:00 2018-06-30 364049282 PASQUESI SHEPPARD LLC 585 BANK LANE LAKE FOREST IL 60045 990 2017-07-01 455000715 BEACON ACADEMY A MONTESSORI HIGH SCHOOL BEAC 2249991177 1574 SHERMAN AVENUE EVANSTON IL 60201 BRIAN KING PRESIDENT 2249991177 2018-10-11 1 TIMOTHY KLEIN P00008827 8472345000 2018-10-11 50.224.107.130 2018-10-11 14:31:18 CD P D3D92DFEF9B3D18DAF870AC931CE540566712BBF 1419CFAD278494D85ABD9FF841C12C02DFFA550A 2017 2019-02-21 02:37:17Z BRIAN KING 1574 SHERMAN AVENUE EVANSTON IL 60201 5349776 0 X BEACONACADEMYCHICAGO.ORG X 2012 IL BEACON ACADEMY OFFERS STUDENTS AN EMPOWERING LEARNING ENVIRONMENT BASED ON MONTESSORI PRICIPLES PROVIDING THE SKILLS AND EXPERIENTIAL CONNECTIONS NECESSARY TO CONTRIBUTE TO A COMPLEX AND DIVERSE WORLD WITH COMPASSION AND CONFIDENCE. 13 13 57 40 0 0 489699 769617 3075906 4523266 -127426 2712 183218 11186 3621397 5306781 488603 734280 0 0 1915687 2667025 0 0 146562 1825779 1599450 4230069 5000755 -608672 306026 3629280 4844244 2858620 3767558 770660 1076686 X BEACON ACADEMY OFFERS AN INNOVATIVE AND CHALLENGING EDUCATION BASED ON MONTESSORI PRINCIPLES THAT PLACES A PRIORITY ON EXPERIENTIAL LEARNING, ENTREPRENEURIAL THINKING, AND IN-DEPTH INTERDISCIPLINARY STUDIES. BEACON STUDENTS WILL MASTER THE SKILLS, KNOWLEDGE, AND HABITS OF MIND NECESSARY TO MEANINGFULLY CONTRIBUTE TO A COMPLEX AND DIVERSE WORLD WITH COMPASSION AND CONFIDENCE. 0 0 3882114 734280 4523266 COSTS RELATED TO PROVIDE MONTESSORI HIGH SCHOOL EDUCATION. 3882114 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 57 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JENNIFER HERMAN 2249991177 1574 SHERMAN AVENUE EVANSTON IL 60201 BRIAN KING PRESIDENT 4.00 0.00 X X 0 0 0 PATTY ABRAMS VICE PRESIDENT 4.00 0.00 X X 0 0 0 ROC RONEY SECRETARY 4.00 0.00 X X 0 0 0 JIM PRESCHLACK TREASURER 4.00 0.00 X X 0 0 0 BOB GOLDMAN DIRECTOR 2.00 0.00 X 0 0 0 LYNN JESSEN DIRECTOR 2.00 0.00 X 0 0 0 JAMES MASTERSON III DIRECTOR 2.00 0.00 X 0 0 0 BRADLEY PEACOCK DIRECTOR 2.00 0.00 X 0 0 0 SUSAN SATTELL DIRECTOR 2.00 0.00 X 0 0 0 DAVID SNYDER DIRECTOR 2.00 0.00 X 0 0 0 AUDREY PERROTT DIRECTOR 2.00 0.00 X 0 0 0 DANIELLE LOEVY DIRECTOR 2.00 0.00 X 0 0 0 DEBBIE SENOFF LANGFORD DIRECTOR 2.00 0.00 X 0 0 0 JEFF BELL HEAD OF SCHOOL 40.00 0.00 X 179246 0 15390 179246 0 15390 1 0 1 0 0 282312 487305 76143 769617 TUITION AND FEES 611600 4523266 4523266 4523266 2712 2712 41525 282312 42995 -1470 -1470 OTHER INCOME 900099 12656 12656 12656 5306781 4523266 0 13898 734280 734280 200000 80000 80000 40000 2084180 1473413 540527 70240 219982 103522 105106 11354 162863 110759 44244 7860 27228 27228 31611 31603 8 16108 16108 832376 775868 56508 8796 8796 1127 1127 108892 87327 21565 31907 25536 5673 698 PROGRAM EXPENSES 270009 270009 PROFESSIONAL DEVELOPMEN 76665 76665 CLASSROOM SUPPLIES 48394 48394 CONTRACT SERVICES 44834 19747 24601 486 101503 67798 17789 15916 5000755 3882114 972079 146562 1689461 2813780 210504 210539 178997 175483 21237 25828 65032 201033 1459185 241604 1264049 1217581 200000 200000 3629280 4844244 95935 99265 39375 39375 2723310 3628918 2858620 3767558 X 562492 749231 208168 327455 770660 1076686 3629280 4844244 306026 0 X X 0 1 X 1 0 X 1142882 105086 1037796 316303 136518 179785 1217581 TUITION DEPOSITS AND ADVANCES 1931721 EQUIPMENT LEASE PAYABLE 3506 SUBLEASE LIABILITY 37970 DEFERRED RENT 1617356 DEPOSITS, OTHER 38365 3628918 X 5306781 0 5306781 0 5306781 5000755 0 5000755 0 5000755 PART X, LINE 2: MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 VIA BROCHURE, LITERATURE, AND MEDIA PUBLICITY. AUCTION 323837 282312 41525 42995 323837 282312 41525 42995 42995 -1470 1 THE SCHOOL AWARDS A LIMITED AMOUNT OF NEED-BASED TUITION ASSISTANCE EACH YEAR TO ACCEPTED STUDENTS WHOSE FAMILIES DEMONSTRATE FINANCIAL NEED. 51 734280 DETERMINED BY THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID. DISCOUNTED TUITION X 0 0 0 0 0 0 0 0 0 JEFF BELL HEAD OF SCHOOL 179246 0 0 0 0 0 10000 0 5390 0 194636 0 0 0 NED JESSEN HUSBAND OF BOARD MEMBER WORKING CAPITAL X 52500 39375 0 0 0 39375 DANIELLE LOEVY BOARD MEMBER LETTER OF CREDIT 0 JAMES MASTERSON III BOARD MEMBER 200000 LETTER OF CREDIT GUARANTEE 0 X 1 6000 FAIR MARKET VALUE X 14 70143 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE WHO PRESENTS THE RETURN TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S ETHICS POLICY REQUIRES THE ACKOWLEDGEMENT AND DOCUMENTATION OF ANY AND ALL CONFLICTS OF INTEREST. THIS PROCESS IS DOCUMENTED IN WRITING. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL USES THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) FOR SALARY COMPARISONS FOR EXECUTIVE POSITIONS. THESE COMPENSATION PACKAGES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS EITHER DIRECLY OR INDIRECTLY THROUGH THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND FINANCIAL STATEMENTS ARE PREPARED IN A TIMELY MANNER AND ARE AVAILABLE UPON REQUEST IN THE SCHOOL'S OFFICE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.