2015-11-05T11:07:18-06:00 2015-06-30 362886485 DUGAN & LOPATKA CPA'S PC 104 E ROOSEVELT ROAD SUITE 102 WHEATON IL 601875267 990 2014-07-01 361502650 MORGAN PARK ACADEMY MORG 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 RAJEEV RATHI BOARD PRESIDENT 7738816700 2015-11-02 1 MARK SCHULTZ P01401491 6306654440 2014 2016-03-07 17:11:31Z RAJEEV RATHI 2153 WEST 111TH STREET CHICAGO IL 60643 8181864 0 X WWW.MORGANPARKACADEMY.ORG X 1942 IL INDEPENDENT SCHOOL FOR PRE-SCHOOL - 12TH GRADE 12 12 153 100 0 0 624873 583761 7730482 7453198 17002 132 114983 87089 8487340 8124180 1305904 1305904 0 0 5289143 4890886 0 0 227334 2020694 1991056 8615741 8187846 -128401 -63666 7113387 7208701 4388320 4547423 2725067 2661278 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 0 0 6963196 1305904 7453198 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 AND HAS APPROXIMATELY 423 STUDENTS THE ACADEMY RECEIVES DONATED SERVICES FROM PARENTS OF STUDENTS. THE VALUE OF THESE SERVICES CANNOT BE DETERMINED. 6963196 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 153 1 0 0 0 0 0 1 1 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X JULIE CUADROS-PERRY 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 RAJEEV RATHI BOARD PRESIDENT 4.00 X X 0 0 0 COLIN MCFARLAND BOARD VICE PRESIDENT 4.00 X X 0 0 0 GENE RANIERI BOARD SECRETARY/TREASURER 4.00 X X 0 0 0 CARLOS SMITH BOARD MEMBER 4.00 X 0 0 0 GEORGE RIBET BOARD MEMBER 4.00 X 0 0 0 BEVERLY BIGGS BOARD MEMBER 4.00 X 0 0 0 IMRE BOARDEN BOARD MEMBER 4.00 X 0 0 0 DAVID JENSEN BOARD MEMBER 4.00 X 0 0 0 LINDA KLAWITTER BOARD MEMBER 4.00 X 0 0 0 BARBARA TUBUTIS BOARD MEMBER 4.00 X 0 0 0 LISA DANIEL-OLIMENE BOARD MEMBER 4.00 X 0 0 0 MICHAEL HARRIS BOARD MEMBER 4.00 X 0 0 0 MERCEDES SHEPPARD HEAD OF SCHOOL 50.00 X 173575 0 10704 CATHERINE RAAFLAUB FORMER HEAD OF SCHOOL 0.00 X 183000 0 9150 356575 0 19854 2 1 1 0 0 139261 444500 19731 583761 TUITION 611600 7252061 7252061 ACTIVITIES & SERVICES 611710 201137 201137 7453198 132 132 100574 0 100574 100574 100574 35935 139261 50656 -14721 -14721 8264 7028 1236 1236 8124180 7453198 0 87221 1305904 1305904 184279 65043 60269 58967 192150 192150 3657546 3193646 427845 36055 32222 24167 6444 1611 443507 334401 88019 21087 381182 285887 76236 19059 149867 149867 31528 29952 1576 97596 97596 52222 52222 387301 356317 30984 199580 199580 281525 281525 102820 102820 SCHOOL BUS TRANSPORTATI 208286 208286 INSTRUCTIONAL 94953 94953 FUNDRAISING 77153 77153 BAD DEBT 72267 72267 235958 211583 10973 13402 8187846 6963196 997316 227334 503375 487427 23167 2007 0 150000 406755 352358 15073 15073 40899 100837 10859224 4804466 6074932 6054758 3124 2966 46062 43275 7113387 7208701 497974 378084 620603 992114 3163135 3149887 106608 27338 4388320 4547423 X 2688966 2551207 36101 110071 2725067 2661278 7113387 7208701 -63666 -123 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 676996 676996 6778638 2008682 4769956 653968 291063 362905 2282592 2095504 187088 467030 409217 57813 6054758 CAPITAL LEASE 27338 27338 X 6862759 -123 44606 44483 6818276 1305904 1305904 8124180 6926548 44606 44606 6881942 1305904 1305904 8187846 PART X, LINE 2: THE ACADEMY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS. WITH FEW EXCEPTIONS, THE ACADEMY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. THE ACADEMY DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 44,606. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,305,904. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 44,606. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,305,904. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN SCHOOL ADVERTISEMENTS SOLICITING STUDENTS IN SEVERAL DIFFERENT NEWSPAPERS. SCHEDULE E, PART I, LINE 6 THE ACADEMY RECEIVES TITLE II MONEY FOR PROFESSIONAL DEVELOPMENT OF FACULTY GALA 121808 105158 16650 6050 22920 1000 9000 GOLF 40925 26255 14670 10286 1 12463 7848 4615 900 500 175196 139261 35935 6050 10286 23820 1500 9000 50656 -14721 1 FINANCIAL ASSISTANCE 187 1305904 PART I, LINE 2: RECIPIENTS OF SCHOLARSHIPS ARE DETERMINED BY THE ACADEMIC QUALIFICATIONS OF INDIVIDUALS APPLYING FOR OR WHO ARE CURRENT STUDENTS OF THE ACADEMY. NO CASH IS AWARDED TO RECIPIENTS; ALL GRANTS AND SCHOLARSHIPS ARE IN THE FORM OF REDUCED TUITION. X 0 1 X X 1 0 0 0 0 0 0 0 0 MERCEDES SHEPPARD HEAD OF SCHOOL 173575 0 0 0 0 0 8679 0 2025 0 184279 0 0 0 CATHERINE RAAFLAUB FORMER HEAD OF SCHOOL 183000 0 0 0 0 0 9150 0 0 0 192150 0 0 0 PART I, LINE 1B HEAD OF SCHOOL RESIDES IN HOUSING ON CAMPUS OWNED BY THE ACADEMY. PART I, LINE 4A CATHERINE RAAFLAUB RECEIVED $116,000 SEVERANCE PAYMENT AND THE REMAINING $67,000 IN WAGES FORM 990, PART VI, SECTION B, LINE 11 COPY OF FORM 990 IS MADE AVAILABLE UPON REQUEST. THE CHIEF FINANCIAL OFFICER REVIEWS THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY CALLS FOR OFFICERS TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C: NO CHANGES WERE MADE IN THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.