2016-02-25T14:43:31-06:00 2015-06-30 420714325 RSM US LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2014-07-01 204069346 Catalyst Schools CATA 7738900233 6727 S California Ave Chicago IL 60629 Gordon Hannon CEO 7738900233 2016-02-25 1 Wayne Harder P00294296 3126343400 2014 2016-08-17 19:52:53Z X Gordon Hannon 6727 S California Ave Chicago IL 60629 23695283 0 X www.catalystschools.org X 2005 IL Catalyst Schools operate tuition free public grade schools committed to providing quality education for students and families in low income communities of Chicago. 15 15 428 20 0 0 952215 1858154 18573770 21742801 2149 1244 87509 93084 19615643 23695283 0 0 0 0 13061821 16165495 0 0 70201 6300248 7242945 19362069 23408440 253574 286843 15570074 14906345 9371663 8421091 6198411 6485254 Catalyst Schools operate tuition free public grade schools committed to providing quality education for students and families in low income communities of Chicago. 0 0 22250514 21742801 Catalyst Schools provide a quality, public education for Kindergarten-12th Grade to low-income, at-risk children in Chicago. Catalyst Schools are guided by a mission where scholars are holistically educated by a school community committed to "Teaching minds and touching hearts." We nurture well-rounded scholars with bright academic, professional, and personal futures that will become change agents for their communities and world. 22250514 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 428 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 IL X Gordon Hannon 7738905815 6727 S California Ave Chicago IL 60629 Dr Colleen Reardon Chair of the Board 1.00 X X 0 0 0 Mark Parker Vice Chair 1.00 X X 0 0 0 Amy Soudan Secretary 1.00 X X 0 0 0 Steven Brown Treasurer 1.00 X X 0 0 0 Terrence Toth Director 1.00 X 0 0 0 Amy Smith Director 1.00 X 0 0 0 Beth Sandon Director 1.00 X 0 0 0 Christopher Lilly Director 1.00 X 0 0 0 Greg Mooney Director 1.00 X 0 0 0 James Mendelson Director 1.00 X 0 0 0 Michael Kelly Director 1.00 X 0 0 0 Rachel Mantz Director 1.00 X 0 0 0 Rick Hurd Director 1.00 X 0 0 0 Susan Wallace Director 1.00 X 0 0 0 Vince Casillas Director 1.00 X 0 0 0 Gordon Hannon CEO 40.00 X 163827 0 19679 David Baldwin Vice President 40.00 X 130560 0 15421 Michele Nunez Director of Finance and Compliance 40.00 X 56442 0 8167 Dawn Sandoval Principal of Catalyst Maria High School and Campus 40.00 X 124355 0 13520 Gwendolyn Burrel Principal of Catalyst Howland 40.00 X 101255 0 21402 Edmund Siderewicz VP for Mission and External Relations 40.00 X 103101 0 9487 679540 0 87676 5 0 1 0 0 1858154 1858154 Government Fees for Services 900099 21213189 21213189 Student Fees 900099 529612 529612 21742801 1244 1244 93084 93084 93084 23695283 21742801 0 94328 394095 377591 14793 1711 13009345 12464513 488337 56495 447870 429113 16812 1945 1887105 1808073 70837 8195 427080 409194 16031 1855 157850 157850 322132 174355 147777 29914 11630 18284 622567 590202 32365 886270 872708 13562 1729704 1708317 21387 173844 173844 1447136 1443714 3422 80736 80736 Administration 604268 569549 34719 Professional Developmen 527265 480916 46349 Extra Curriculars 452956 452956 Student Services 161179 161179 47124 41924 5200 23408440 22250514 1087725 70201 2911193 2375462 4834 4684 1395447 1146254 71546 166532 17436484 6223071 11187054 11213413 15570074 14906345 2312369 1836091 354294 0 6705000 6585000 9371663 8421091 X 6002196 6350134 196215 135120 6198411 6485254 15570074 14906345 286843 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1875000 1875000 8185473 579830 7605643 1285589 467356 818233 6090422 5175885 914537 11213413 X 23875283 180000 180000 23695283 0 23695283 23588440 180000 180000 23408440 0 23408440 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. 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 2010. 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. X X 0 0 0 0 0 0 0 0 0 Gordon Hannon CEO 122960 0 20000 0 20867 0 9457 0 10222 0 183506 0 0 0 Form 990, Part VI, Section B, line 11 Form 990 is reviewed by the Treasurer and other members of the Board prior to filing. Form 990, Part VI, Section B, line 12 The Catalyst board manual addresses the board members responsibility to raise any possible conflict of interest. The board chair meets with every Board member each year as part of the board evaluation process. Conflict of interest assessment in part of the evaluation. Form 990, Part VI, Section B, line 15 The compensation of officers and key employees is reviewed by the Board annually. The compensation for all other employees is reviewed by officers. Comparibility data is reviewed for all employees. Minutes are kept documenting the discussions of the setting of 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).