2015-05-15T15:11:46-05:00 2014-06-30 420714325 MCGLADREY LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2013-07-01 204069346 Catalyst Schools CATA 7738900233 5608 W Washington Blvd Chicago IL 60644 Gordon Hannon CEO 7738900233 2015-05-15 1 Marek Rozowicz P01616027 3126343400 2013 2016-04-25 22:37:26Z Gordon Hannon 5608 W Washington Blvd Chicago IL 60644 19615643 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 15 298 20 0 0 2577771 952215 15649157 18573770 2571 2149 305588 87509 18535087 19615643 0 0 0 0 9769106 13061821 0 0 63591 5056457 6300248 14825563 19362069 3709524 253574 14548494 15570074 8603657 9371663 5944837 6198411 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 18378512 18573770 Catalyst Schools provide a quality education for grades Kindergarten through 12th grade to low-income, at-risk underserved children in theinner-city of Chicago. In its ninth year of operations (2013-2014) Catalyst served approximately 1,850 children and their families. The network was given the distinction of "Well Organized" for school success according to the University of Chicago's 5 Essentials My School, My Voice survey in 2014. 100% of the graduating eighth graders were placed in high schools with a track record of college placement, with 97% are in high school and on track to graduate on time (within four years). 18378512 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 25 0 1 298 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 Terrence Toth Chairman 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 Michael Kelly Director 1.00 X 0 0 0 Greg Mooney Director 1.00 X 0 0 0 Gordon Hannon Director 1.00 X 0 0 0 Susan Wallace Director 1.00 X 0 0 0 Rick Hurd Director 1.00 X 0 0 0 James Mendelson Director 1.00 X 0 0 0 Rachel Mantz Director 1.00 X 0 0 0 Colleen Reardon Director 1.00 X 0 0 0 Christopher Lilly Director 1.00 X 0 0 0 Beth Sandon Director 1.00 X 0 0 0 Mark Parker Director 1.00 X 0 0 0 Vince Casillas Director 1.00 X 0 0 0 Edmund Siderewicz VP for Mission & External Relations 40.00 X 41286 0 4181 Gordon Hannon CEO 40.00 X 142949 0 19162 David Baldwin Vice President 40.00 X 125866 0 15304 Michele Nunez Director of Finance & Compliance 40.00 X 50753 0 7059 Michael Fehrenbach Director of Mission & Culture 40.00 X 0 0 0 Raymond White Director of Human Resources 40.00 X 74696 0 16014 John Fletcher Director of Information Technology 40.00 X 69595 0 8230 Gary Wood Chief Operating Officer 40.00 X 69388 0 8480 574533 0 78430 2 0 1 0 0 952215 952215 Program Service Revenue 900099 18188917 18188917 Student Fees 900099 384853 384853 18573770 2149 2149 87509 87509 87509 19615643 18573770 0 89658 648080 618356 26569 3155 10316539 9843374 422937 50228 548124 522985 22471 2668 1192803 1138097 48900 5806 356275 339935 14606 1734 147950 147950 636497 506989 129508 40544 26204 14340 700818 673067 27751 672877 656615 16262 1473961 1473131 830 177012 177012 1431647 1422682 8965 116024 116024 Extra Curriculars 393924 393924 Professional Developmen 301184 287344 13840 Student Services 114912 114912 Recruitment 59837 56257 3580 33061 11604 21457 19362069 18378512 919966 63591 2840945 2911193 4983 4834 423484 1395447 68391 71546 15962988 4775934 11210691 11187054 14548494 15570074 1745557 2312369 33100 354294 6825000 6705000 8603657 9371663 X 5687525 6002196 257312 196215 5944837 6198411 14548494 15570074 253574 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1875000 1875000 7354658 372276 6982382 1245478 394727 850751 5487852 4008931 1478921 11187054 X 21640475 2024832 2024832 19615643 0 19615643 21386901 2024832 2024832 19362069 0 19362069 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. 0 0 0 0 0 0 0 0 0 Gordon Hannon CEO 142949 0 0 0 0 0 10006 0 9156 0 162111 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. Comparability 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 organization's governing documents, policies, and financial statements are available to the general public upon request for the same period of time as set forth in IRC section 6104(d).