2017-05-11T15:22:28-05:00 2016-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2015-07-01 364439074 LEARN CHARTER SCHOOL LEAR 7733583908 3021 W CARROLL AVE CHICAGO IL 60612 GREGORY WHITE CEO & PRESIDENT 7733583908 2017-05-09 1 LU ANN TRAPP P01506476 3122071040 2017-05-09 2015 2021-01-29 14:40:06Z GREGORY WHITE 3021 W CARROLL AVE CHICAGO IL 60612 45628298 0 X WWW.LEARNCHARTER.ORG X 2000 IL PROVIDE STUDENTS WITH THE ACADEMIC FOUNDATION AND AMBITION TO EARN A COLLEGE DEGREE. 10 10 651 60 0 0 4639045 6804220 36115121 38299187 522681 524891 0 0 41276847 45628298 0 0 0 0 25951843 30227360 0 0 395965 12150557 11913147 38102400 42140507 3174447 3487791 33540920 37349634 17810345 18793121 15730575 18556513 PROVIDE STUDENTS WITH THE ACADEMIC FOUNDATION AND AMBITION TO EARN A COLLEGE DEGREE. 0 0 38741428 38299187 COLLEGE PREPARATORY ELEMENTARY SCHOOL THAT PROVIDES STUDENTS WITH THE ACADEMIC FOUNDATION AND AMBITION TO EARN A COLLEGE DEGREE. DURING THE FISCAL YEAR ENDED JUNE 30, 2016, LEARN OPERATED NINE CAMPUSES THROUGHOUT THE CHICAGOLAND AREA WITH AN ENROLLMENT OF APPROXIMATELY 4,000 STUDENTS OF WHICH THE MAJORITY ARE FROM LOW-INCOME COMMUNITIES. 38741428 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 78 0 1 651 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 1 1 X DONNA MOORE 7733583908 3021 W CARROLL AVE CHICAGO IL 60612 DANIEL T FAHNER CHAIR 4.00 X X 0 0 0 VINEETA RAKETICH VICE CHAIR 4.00 X X 0 0 0 JANICE LUCCHESI TREASURER 4.00 X X 0 0 0 KATIE MACCARTHY SECRETARY 4.00 X X 0 0 0 MARGARET ROMANO LIFE TRUSTEE 4.00 X 0 0 0 BRYAN SCHNEIDER BOARD MEMBER 4.00 X 0 0 0 CHARLES CAMPBELL BOARD MEMBER 4.00 X 0 0 0 SUSAN SNYDER BOARD MEMBER 4.00 X 0 0 0 LOREN G BEADLE BOARD MEMBER 4.00 X 0 0 0 VINNI HALL BOARD MEMBER 4.00 X 0 0 0 MARCO QUINTANA BOARD MEMBER 4.00 X 0 0 0 JENNIFER MOLINAR BOARD MEMBER 4.00 X 0 0 0 LESLIE ANDERSON BOARD MEMBER 4.00 X 0 0 0 GREGORY WHITE PRESIDENT AND CEO 40.00 X 300528 0 27412 ELIZABETH GOETTL CHIEF ACADEMIC OFFICER 40.00 X 183169 0 22115 ROBIN JOHNSON SENIOR PRINCIPAL 40.00 X 153451 0 19162 CHRISTINA JORDAN CHIEF TALENT OFFICER 40.00 X 127091 0 16132 CHRISTOPHER MAYNARD DIRECTOR OF IT AND FACILITIES 40.00 X 124674 0 18199 JOYCELYNN STONE DIRECTOR OF FINANCE 40.00 X 121966 0 16815 SEKOU ROBERTSON PRINCIPAL 40.00 X 119508 0 6079 TAMIKKA SYKES PRINCIPAL 40.00 X 115945 0 12419 1246332 0 138333 11 0 1 0 LACOSTA FACILITY SUPPORT SERVICES 440 W BONNER RD WAUONDA IL 60084 JANITORIAL SERVICES 481943 PARALLEL EMPLOYMENT GROUP 6925 S SIXTH ST SUITE 300 OAK CREEK WI 53154 TEMPORARY EMPLOYMENT SERVICES 445139 SUNBELT STAFFING LLC DEPT CH 14430 PALATINE IL 60055 TEMPORARY EMPLOYMENT SERVICES 300154 PETER F HERZOG ASSOCIATES LLC 3649 MONARCH NAPERVILLE IL 60564 LEGAL 284575 LASALLE NETWORK 200 N LASALLE STREET SUITE 2500 CHICAGO IL 60601 TEMPORARY EMPLOYMENT SERVICES 195707 10 730649 6073571 14410 6804220 CHARTER SCHOOL FUNDING 611710 37295046 37295046 OTHER PROGRAM SERVICE REVENUE 900099 351235 351235 STUDENT FEES 611710 336893 336893 FOOD SERVICE REVENUE 900099 316013 316013 38299187 524891 524891 45628298 38299187 0 524891 350835 350835 24462561 22732516 1432888 297157 1399934 1325274 57336 17324 3057036 2812407 207866 36763 956994 878520 66990 11484 371795 316025 55770 81300 69105 12195 1483892 1261309 222583 1996029 1828432 156244 11353 3476216 3210290 265926 648509 648509 843857 801664 42193 201098 170933 30165 EDUCATIONAL SUPPLIES 1173507 1173507 PROF DVLP & RECRUITMENT 586901 537014 41083 8804 BOND RELATED EXPENSES 171284 171284 878759 804639 61040 13080 42140507 38741428 3003114 395965 233897 426135 7162640 11372303 2135484 2296888 256471 379727 11368000 11368000 498776 288197 16021064 5358920 11331865 10662144 553787 556240 33540920 37349634 1474676 2189400 95972 192932 4886226 4654470 11353471 11076700 0 679619 17810345 18793121 X 15031494 18085371 699081 471142 15730575 18556513 33540920 37349634 X 3487791 -661853 X 0 1 X 1 1 1 X 5484844 6031167 8181414 4639045 6804220 31140690 5484844 6031167 8181414 4639045 6804220 31140690 8694428 22446262 5740 198159 520916 522681 524891 1772387 32913077 138625060 0.68200 0.75160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 745503 745503 9899578 2356259 7543319 1530220 373774 1156446 2719623 2268993 450630 1126140 359894 766246 10662144 DERIVATIVE - INTEREST RATE SWAP 549968 DUE TO AFFILIATES 129651 679619 46783879 1155581 1155581 45628298 0 45628298 44637170 1155581 1341082 2496663 42140507 0 42140507 PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE 661,853. EXPENSES AND ELIM. ENTRIES FROM AFFILIATED ORGANIZATIONS ON CONSOL. FS 679,229. 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LEARN IS COMMITTED TO PROVIDE QUALITY EDUCATION TO ALL CHILDREN REGARDLESS OF ANY RACE, COLOR OR NATIONAL ETHNIC ORIGIN. LEARN'S STUDENT POPULATION IS APPROXIMATELY 98% AFRICAN AMERICAN. LEARN INCLUDES OUR NONDISCRIMINATION POLICY ON OUR STUDENT APPLICATION AND IN OUR STUDENT AND PARENT HANDBOOK UNDER THE ADMISSION POLICY. THE HANDBOOK IS PROVIDED TO ALL FAMILIES WITH A CHILD ATTENDING LEARN. SCHEDULE E, PART I, LINE 6 THE SCHOOL OPERATES UNDER A GRANT OF CHARTER AND CHARTER SCHOOL AGREEMENT WITH THE BOARD OF EDUCATION AND THE CITY OF CHICAGO. X X 0 0 0 0 0 0 0 1 0 GREGORY WHITE PRESIDENT AND CEO 260706 0 39822 0 0 0 19720 0 7692 0 327940 0 0 0 ELIZABETH GOETTL CHIEF ACADEMIC OFFICER 173169 0 10000 0 0 0 13912 0 8203 0 205284 0 0 0 ROBIN JOHNSON SENIOR PRINCIPAL 139364 0 14087 0 0 0 8005 0 11157 0 172613 0 0 0 PART I, LINE 7 THE PRESIDENT AND CEO, CHIEF ACADEMIC OFFICER AND PRINCIPAL RECEIVE REACTIONARY BONUSES THAT ARE BASED ON PERFORMANCE. THE CAO AND PRINCIPAL'S BONUS IS SET AT THE DISCRETION OF THE CEO AS A PART OF HIS NORMAL DUTIES AS ASSIGNED BY THE BOARD. THE PRESIDENT AND CEO'S BONUS, AS STATED IN 990 PART VI LINE 15 IS DERIVED AND APPROVED BY THE BOARD. A ILLINOIS FINANCE AUTHORITY 861091967 2013-01-31 5446303 RETIRE BOND DEBT FROM REVENUE BOND OF 2011 0 0 0 A 791833 5446303 2011 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CFO, THE CEO AND THE BOARD TREASURER. THE TAX RETURN WILL THEN BE FILED. THIS YEAR, DUE TO THE TIMING OF THE AUDIT AND THE BOARD MEETINGS, THE RETURN WILL BE DISTRIBUTED TO THE BOARD AS SOON AS THE RETURN IS COMPLETE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY BY ANNUALLY REQUIRING EACH BOARD MEMBER TO SIGN A STATEMENT AFFIRMING THAT THEY HAVE READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS OF THE ORGANIZATION SERVE AS THE COMPENSATION COMMITTEE, WHICH DISCUSSES AND APPROVES THE CEO AND PRESIDENT'S COMPENSATION AND CONTRACT. 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 XI, LINE 9: CHANGE IN FAIR VALUE OF DERIVATIVE -661,853. LEARN CHARTER TITLE HOLDING CORPORATION 212 S FRANCISCO AVE CHICAGO IL 60612 364750462 TO MANAGE OPERATIONS OF THE BUILDING AT 3021 W CAROLL AVE. IL 501(C)(2) LEARN CHARTER SCHOOL 1 LEARN CHARTER TITLE HOLDING CORPORATION 2 212 S FRANCISCO AVE CHICAGO IL 60612 320399044 TO MANAGE OPERATIONS OF THE BUILDING AT 3021 W CAROLL AVE. IL 501(C)(2) LEARN CHARTER SCHOOL 1 LEARN CHARTER THC LLC 212 S FRANCISCO AVE CHICAGO IL 60612 352465460 OWN A BUILDING AT 3021 W. CARROL AVE. WHICH HOUSES 3 OF LEARN'S SCHOOLS IL N/A LEARN CHARTER MASTER TENANT LLC 212 S FRANCISCO AVE CHICAGO IL 60612 800945720 OWN A BUILDING AT 3021 W. CARROL AVE. WHICH HOUSES 3 OF LEARN'S SCHOOLS IL N/A LEARN CHARTER DEVELOPMENT CORPORATION 212 S FRANCISCO AVE CHICAGO IL 60612 800945681 OWN A BUILDING AT 3021 W. CARROL AVE. WHICH HOUSES 3 OF LEARN'S SCHOOLS IL LEARN CHARTER SCHOOL C -752088 -1865763 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0