2014-03-21T10:00:20-05:00 2013-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DRIVE SUITE 1500 CHICAGO IL 606115313 990 2012-07-01 364093845 ARIEL EDUCATION INITIATIVE ARIE 3127260140 200 E RANDOLPH NO 2900 CHICAGO IL 60601 PHYLLIS BRADY 3127260140 2014-02-22 1 LARRY SOPHIAN P00079652 3126707444 2012 2015-11-30 17:44:51Z PHYLLIS BRADY 200 E RANDOLPH NO 2900 CHICAGO IL 60601 651793 0 X WWW.ARIELINVESTMENTS.COM X 1996 IL TO STRENGTHEN COMMUNITIES BY CREATING A NATIONAL MODEL BASED ON INNOVATIVE EDUCATION AND TO INTRODUCE A DIALOGUE OF SAVING AND INVESTING AT THE DINNER TABLE OF EVERY AFRICAN-AMERICAN FAMILY. 5 4 14 35 0 0 700300 604300 0 0 5435 18528 0 0 705735 622828 0 0 0 0 509311 485139 0 0 0 171249 172248 680560 657387 25175 -34559 394349 405790 90777 94253 303572 311537 TO STRENGTHEN COMMUNITIES BY CREATING A NATIONAL MODEL BASED ON INNOVATIVE EDUCATION AND TO INTRODUCE A DIALOGUE OF SAVING AND INVESTING AT THE DINNER TABLE OF EVERY AFRICAN-AMERICAN FAMILY. 0 0 231581 ARIEL COMMUNITY ACADEMY - ARIEL EDUCATION INITIATIVE HELPS SUPPORT THE OVERALL OPERATIONS AT ARIEL COMMUNITY ACADEMY, A CHICAGO PUBLIC SCHOOL, THROUGH SUPPLEMENTAL STAFF AND GENERAL FUNDING. THE ORGANIZATION'S GOAL IS TO INFUSE A UNIQUE FIANCIAL LITERACY CURRICULUM INTO THE ACADEMY AND CREATE AN INNOVATIVE MODEL FOR OTHER PUBLIC SCHOOLS TO FOLLOW. 241558 ARIEL EXTENDED DAY PROGRAM - THIS PROGRAM PROVIDES BEFORE ANDAFTER-SCHOOL PROGRAMS AND SUPPORT AT ARIEL COMMUNITY ACADEMY,OFFERING VARIOUS ACADEMIC, CULTURAL, ATHLETIC AND SOCIALACTIVITIES. 141759 ARIEL-NUVEEN INVESTMENT PROGRAM - THIS PROGRAM PROVIDES STUDENTS AT ARIEL COMMUNITY ACADEMY THE OPPORTUNITY TO INVEST REAL MONEY AND CONTROL A PORTION OF THEIR OWN CLASS PORTFOLIO. ECONOMIC CONCEPTS ARE TAUGHT AT ALL GRADE LEVELS AND THROUGHOUT ALL SUBJECT AREAS AT THE SCHOOL AND EXTEND BEYOND THE CLASSROOM AND INTO THE COMMUNITY THROUGH PARENT OUTREACH AND SEMINARS. 614898 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 0 0 1 0 0 14 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X PHYLLIS BRADY 3127260140 200 E RANDOLPH NO 2900 CHICAGO IL 60601 X WILLIAM FITZGERALD 1.00 X X 0 0 0 JOHN W ROGERS JR 1.00 X X 0 0 0 SARAH DUNCAN 1.00 X X 0 0 0 LENNETTE COLEMAN 1.00 X 15000 0 0 DR DOLORES NORTON 1.00 X 0 0 0 PHYLLIS BRADY 3.00 X 0 0 0 15000 0 0 0 0 0 0 0 604300 604300 6808 6808 40685 28965 11720 11720 11720 622828 0 0 18528 X 15000 15000 275669 275160 509 3421 3421 98766 98766 92283 92283 22940 22940 75000 75000 891 500 391 5769 5769 18501 11730 6771 STAFF FUNDING 45989 45989 PAYROLL PROCESSING 2688 2688 VAN EXPENSE 470 470 657387 614898 42489 0 X 29475 9308 100000 100000 3470 4805 72418 68253 9934 4165 251470 287512 394349 405790 90777 94253 90777 94253 X 38071 46036 265501 265501 303572 311537 394349 405790 -34559 42524 0 X 0 1 X 1 0 X 984871 454042 330522 700300 604300 3074035 984871 454042 330522 700300 604300 3074035 1853115 1220920 11999 7740 2166 2934 6808 31647 12726 2319 15045 3120727 0.39120 0.47920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50507 50292 215 21911 17961 3950 4165 X 688852 42524 23500 66024 622828 0 622828 680887 23500 23500 657387 0 657387 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION, AN ILLINOIS NOT-FOR-PROFIT CORPORATION, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS WELL AS FROM TAXES UNDER THE FEDERAL UNEMPLOYMENT COMPENSATION ACT. CONTRIBUTIONS TO THE ORGANIZATION ARE DEDUCTIBLE FOR INCOME TAX PURPOSES WITHIN LIMITATIONS OF THE LAW. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2010. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS ARE PRESENTED WITH A COPY OF THE FINAL DRAFT OF FORM 990. THE BOARD REVIEWS THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE REQUIRED ON AN ANNUAL BASIS TO AFFIRM THEIR UNDERSTANDING AND COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IN THE FORM OF AN ANNUAL STATEMENT. NO CONFLICT OF INTEREST HAS ARISEN TO DATE, THEREFORE NO ENFORCEMENT HAS BEEN NEEDED. ALL INTERESTED PARTIES SELF-MONITOR THROUGHOUT THE YEAR. IF A CONFLICT IS IDENTIFIED, THEN THE INTERESTED PERSON IS REQUIRED TO DISCLOSE THE CONFLICT IMMEDIATELY. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: DOCUMENTS ARE MAINTAINED ON FILE FOR PUBLIC REVIEW ON SITE AT THE ORGANIZATION'S OFFICE. FORM 990, PART VII, SECTION A, LINE 1A: ARIEL EDUCATION INITIATIVE (AEI) SUPPORTS ARIEL COMMUNITY ACADEMY (ACA) THROUGH SUPPLEMENTAL STAFF AND GENERAL FUNDING. AS PART OF THIS SUPPORT, AEI PAID $15,000 IN SALARY FOR LENNETTE COLEMAN, AEI BOARD MEMBER, FOR HER WORK AS PRINCIPAL OF ACA DURING THE CALENDAR YEAR. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 75,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,000.