2017-11-16T10:52:53-05:00 2017-06-30 Phillips Salmi Associates LLC 112 S Main St Washington IL 61571 990 2016-07-01 364346113 PEORIA ACADEMY INC PEOR 2711 W WILLOW KNOLLS DR PEORIA IL 61614 CHERYL MURZYN HEAD OF SCHOOL 3096927570 2017-11-16 true Lori Salmi P00712052 3094444909 2017-11-16 75.146.107.177 2017-12-04 09:35:59 3725902017338elate1d 2017-12-04 P 79449F0730798DFCA18989F1527DFDED3B42058F 79449F0730798DFCA18989F1527DFDED3B42058F 2016 2017-02-10 21:41:12Z 2052295 false X WWW.PEORIAACADEMY.ORG X 2000 IL PEORIA ACADEMY IS A DIVERSE COMMUNITY OF STUDENTS, PARENTS, AND EDUCATORS WORKING TOGETHER TO PROVIDE A RIGOROUS EDUCATIONAL EXPERIENCE. USING PROGRESSIVE TECHNIQUES THAT NUTURE THE WHOLE CHILD, OUR INDEPENDENT SCHOOL FOSTERS INTRINSIC MOTIVATION, RESILIENCE, AND CREATIVITY. 19 19 90 0 0 953058 151587 1663783 1773784 41 89 102239 94239 2719121 2019699 0 0 1699365 1550511 0 3005 698944 687783 2398309 2238294 320812 -218595 4849417 4472599 1580549 1422326 3268868 3050273 PEORIA ACADEMY IS A DIVERSE COMMUNITY OF STUDENTS, PARENTS, AND EDUCATORS WORKING TOGETHER TO PROVIDE A RIGOROUS EDUCATIONAL EXPERIENCE. USING PROGRESSIVE TECHNIQUES THAT NUTURE THE WHOLE CHILD, OUR INDEPENDENT SCHOOL FOSTERS INTRINSIC MOTIVATION, RESILIENCE, AND CREATIVITY. false false 1512610 TO PROVIDE EDUCATION TO CHILDREN. 1512610 true true false false false false false false false false true false false false false true true false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false true 10 0 true 90 true false false false false false true true false false false false false false X 19 19 false false false false false false false true true false false true true true true false false true true false IL X CHERYL MURZYN 3096927570 2711 W WILLOW KNOLLS DR PEORIA IL 61614 X SHANNON VANFLEET TRUSTEE 2.00 0.00 X 0 0 0 WENDY THOMASSON TRUSTEE 2.00 0.00 X 0 0 0 JOHN KOLMER TRUSTEE 4.00 0.00 X 0 0 0 KELLY WOJDA TRUSTEE 2.00 0.00 X 0 0 0 CURTIS FRAZIER TRUSTEE 2.00 0.00 X 0 0 0 SETH BARKER TRUSTEE 2.00 0.00 X 0 0 0 TARA GERSTNER TRUSTEE 2.00 0.00 X 0 0 0 VINCENT BOYLE TRUSTEE 2.00 0.00 X 0 0 0 KOLLET KOULIANOS TRUSTEE 2.00 0.00 X 0 0 0 DAN CLEVELAND TRUSTEE 2.00 0.00 X 0 0 0 MEENAKSHY AIYER TRUSTEE 2.00 0.00 X 0 0 0 LEONARD STEWART TRUSTEE 2.00 0.00 X 0 0 0 YUJIN HUIIS TRUSTEE 2.00 0.00 X 0 0 0 KATE LARKINS TRUSTEE 2.00 0.00 X 0 0 0 EMMA WILSON TRUSTEE 2.00 0.00 X 0 0 0 DEAN CANTU VICE PRESIDENT 2.00 0.00 X 0 0 0 KATHERINE UMPLEBY PRESIDENT 20.00 0.00 X 0 0 0 JENNIFER WORTHINGTON TREASURER 2.00 0.00 X 0 0 0 SONNI CHOI WILLIAMS SECRETARY 2.00 0.00 X 0 0 0 CHERYL MURZYN HEAD OF SCHOOL 40.00 0.00 X 88333 0 1564 88333 0 1564 0 false false false 40620 110967 151587 TUITION 611710 1356582 1356582 INSCRIPTION FEES 611710 106575 106575 PARTICIPATION FEES 611710 127865 127865 SUMMER SESSIONS 611710 56376 56376 OTHER FEES 611710 117606 117606 8780 8780 1773784 89 89 111492 40620 32596 78896 78896 MISCELLANEOUS 611710 15343 15343 15343 2019699 1789127 0 78985 1290641 1008571 282070 13870 9662 4208 127444 91271 36173 118556 93040 25516 10805 10805 7390 7390 76508 19066 57442 7095 6753 342 20175 3130 17045 101026 101026 2562 1095 1467 27559 27559 214978 203331 11647 11418 11418 SUPPLIES 62152 29787 32365 FIELD TRIPS 16282 16282 FOOD 35806 35806 94027 1569 89795 2663 2238294 1512610 722679 3005 62785 58923 413616 239030 6519 17768 56498 51658 21713 22425 7058611 2975816 4288286 4082795 4849417 4472599 219684 215988 668751 564962 692114 641376 1580549 1422326 X 3268868 3050273 3268868 3050273 4849417 4472599 -218595 0 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350000 350000 5716443 2268736 3447707 336669 146578 190091 655499 560502 94997 4082795 X 2019699 2019699 2019699 2238294 2238294 2238294 Footnote for uncertain tax position under FIN 48 (Part X) THE ACADEMY IS ORGANIZED AS AN ILLINOIS NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, IT IS SUBJECT TO INCOME TAX ON ANY UNRELATED BUSINESS INCOME IT RECEIVES. THE ORGANIZATION FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO NONPROFIT ORGANIZATIONS INCLUDE SUCH MATTERS AS THE FOLLOWING: THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFIT OF TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESS, IF ANY. FORMS 990 FILED BY THE ACADEMY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN FORMS 990 FILED BY THE ORGANIZATION ARE NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS 2013 AND PRIOR. true true true true true true true false false false false false false false false false false true Description of nondiscriminatory policy (Question 3) NONDISCRIMINATION POLICY PUBLICIZED ON WEBSITE AND INCLUDED IN INFORMATION PACKAGE DISTRIBUTED TO POTENTIAL FAMILIES AND IN PARENT/STUDENT HANDBOOK. AUCTION 129218 40620 88598 23793 VARIOUS 22894 22894 8803 152112 40620 111492 32596 32596 78896 Form 990 governing body review Part VI line 11 THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR APPROVAL AND THEN PASSED ALONG TO THE BOARD FOR ITS REVIEW. Conflict of interest policy compliance Part VI line 12c BOARD MEMBERS ARE REQUIRED TO DIVULGE ANY CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS WHO HAVE A VESTED INTEREST ARE NOT ALLOWED TO VOTE. CEO executive director top management comp Part VI line 15a THE BOARD OF TRUSTEES REVIEWS COMPARABILITY DATA WITH NATIONAL INDEPENDENT SCHOOL ORGANIZATIONS AND THEN APPROVES THE SALARY FOR THE TOP EXECUTIVE. Other officer or key employee compensation Part VI line 15b KEY EMPLOYEES ARE PAID BASED ON THE HEAD OF SCHOOLS DISCRETION. Governing documents etc available to public Part VI line 19 AVAILABLE UPON REQUEST.