2014-05-09T14:18:37-05:00 2013-06-30 420714325 MCGLADREY LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2012-07-01 204069346 Catalyst Schools CATA 7738900233 5608 W Washington Blvd Chicago IL 60644 Gordon Hannon 7738900233 2014-05-09 1 Wayne Harder P00294296 3126343400 2012 2015-11-30 17:44:51Z Gordon Hannon 5608 W Washington Blvd Chicago IL 60644 18535087 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. 12 12 221 15 0 0 1016147 2577771 8193693 15649157 0 2571 60880 305588 9270720 18535087 0 0 0 0 6425672 9769106 0 0 0 2600938 5056457 9026610 14825563 244110 3709524 10109012 14548494 7873699 8603657 2235313 5944837 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 13980692 15649157 Catalyst Schools provide a quality education for grades Kindergarten to eighth grade to low-income, at-risk underserved children in the inner-city of Chicago. In its eighth year of operations (2012-2013) approximately 1,850 children were served. 100% of the graduating eighth graders were placed in high schools with a track record of college placement. A record 14% were accepted into CPS selective enrollment schools - the top schools in the city and some of the best in the country. Of all 425 graduates, 99% are in high school and on track to graduate on time (within four years) and 90% of Catalyst alumni graduating from high school and enrolled in college. 13980692 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 221 1 0 0 0 0 0 0 0 0 0 0 X 12 12 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 1.00 X X 0 0 0 Edmund Siderewicz 1.00 X X 0 0 0 Amy Soudan 1.00 X X 0 0 0 Steven Brown 1.00 X X 0 0 0 Craig Cullbertson 1.00 X 0 0 0 Michael Kelly 1.00 X 0 0 0 Greg Mooney 1.00 X 0 0 0 Gordon Hannon 1.00 X 0 0 0 Susan Wallace 1.00 X 0 0 0 Joe Zednik 1.00 X 0 0 0 Heather Headley 1.00 X 0 0 0 Rick Hurd 1.00 X 0 0 0 James Mendelson 1.00 X 0 0 0 Amy Smith 1.00 X 0 0 0 Gordon Hannon 40.00 X 133515 0 16155 David Baldwin 40.00 X 117531 0 11115 Sala Sims 40.00 X 100569 0 21144 Maggie Nass 40.00 X 84164 0 17545 Chaun Johnson 40.00 X 15000 0 1851 450779 0 67810 3 0 0 0 0 2577771 2577771 Program Service Revenue 900099 15360590 15360590 Student Fees 900099 288567 288567 15649157 2571 2571 305588 305588 305588 18535087 15649157 0 308159 518589 491721 26868 7681344 7283371 397973 372489 353190 19299 924294 876406 47888 272390 258277 14113 114746 114746 383001 291526 91475 54077 31672 22405 690341 651678 38663 452961 435069 17892 1333066 1332811 255 180180 180180 1191356 1183991 7365 75601 75601 Extra Curriculars 358508 358508 Professional Developmen 110307 103399 6908 Student Services 52360 52360 Recruitment 30535 20661 9874 29418 271 29147 14825563 13980692 844871 0 1141426 2840945 5132 4983 457048 423484 67092 68391 14554979 3344288 8438314 11210691 10109012 14548494 1048699 1745557 33100 6825000 6825000 7873699 8603657 X 2193963 5687525 41350 257312 2235313 5944837 10109012 14548494 3709524 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1875000 1875000 7081639 191326 6890313 1189222 313322 875900 4409118 2839640 1569478 11210691 X 18715087 180000 180000 18535087 0 18535087 15005563 180000 180000 14825563 0 14825563 Description of Uncertain Tax Positions Under FIN 48: 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 2009. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication 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. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 The Organization receives assistance from local, state and federal government. 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, policies, and financial statements are available to the general public upon request.