2014-12-16T11:03:59-06:00 2014-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1500 CHICAGO IL 60611 990 2013-07-01 364241970 NOBLE NETWORK OF CHARTER SCHOOLS NOBL 7732786895 1 NORTH STATE STREET FLOOR 7-L CHICAGO IL 60602 JOSEPH DRAGO CHIEF FINANCIAL OFFICER 3124508932 2014-12-15 1 JAMES G QUAID P00641738 3126707444 2014-12-15 2013 2015-11-30 17:44:51Z MICHAEL MILKIE 1 NORTH STATE STREET FLOOR 7-L CHICAGO IL 60602 145355409 0 X WWW.NOBLENETWORK.ORG X 1999 IL TO INSTILL IN STUDENTS THE SCHOLARSHIP, DISCIPLINE AND HONOR NECESSARY TO SUCCEED IN COLLEGE AND BEYOND. 22 21 1468 398 0 0 93192382 125364763 8285252 8840647 144876 241352 580050 493680 102202560 134940442 259226 454024 0 0 53118576 67874961 0 0 855461 33332260 40729687 86710062 109058672 15492498 25881770 99844408 145581560 57750274 77580392 42094134 68001168 NOBLE'S MISSION IS TO PREPARE LOW-INCOME STUDENTS WITH THE SCHOLARSHIP, DISCIPLINE, AND HONOR NECESSARY TO SUCCEED IN COLLEGE AND LEAD EXEMPLARY LIVES, AND TO BE A CATALYST FOR EDUCATION REFORM IN CHICAGO. 0 0 97633061 454024 8225973 THE NOBLE NETWORK OF CHARTER SCHOOLS WAS ESTABLISHED FORTHE PURPOSE OF REPLICATING THE NATIONALLY RECOGNIZED NOBLESTREET CHARTER HIGH SCHOOL, WHICH OPENED IN 1999. THENETWORK PROVIDES A QUALITY EDUCATION TO ENABLE THE LOW-INCOME POPULATION TO MAKE CHANGES TO IMPROVE THEIR LIVES. THE NETWORK SERVED 8,914 STUDENTS IN 2014. 545047 614674 NOBLE DAY CARE, L3C WAS ESTABLISHED FOR THE PURPOSE OF PROMOTING, OPERATING, AND CONDUCTING A DAYCARE CENTER THAT PROVIDES DAYCARE FOR TEACHERS AND STAFF OF NOBLE NETWORK OF CHARTER SCHOOLS AS WELL AS TO THE GENERAL PUBLIC. NOBLE DAY CARE OPENED IN 2010 AND SERVED 45 CHILDREN RANGING IN AGE FROM 6 WEEKS THROUGH 5 YEARS DURING 2014. 98178108 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 83 0 1468 1 0 0 0 0 0 1 1 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JOSEPH DRAGO 3124508932 1 NORTH STATE STREET FLOOR 7-L CHICAGO IL 60602 ALLAN MUCHIN BOARD CHAIRMAN 15.00 X X 0 0 0 JOHN HARRIS VICE CHAIRMAN 3.00 X X 0 0 0 MICHAEL MILKIE CEO 40.00 X X 221261 0 22222 JOHN BUTLER DIRECTOR 1.00 X 0 0 0 GUY COMER DIRECTOR 1.00 X 0 0 0 CECIL CURTWRIGHT DIRECTOR 1.00 X 0 0 0 REBECA NIEVES HUFFMAN DIRECTOR 1.00 X 0 0 0 LIAM KREHBIEL DIRECTOR 1.00 X 0 0 0 HARVEY MEDVIN DIRECTOR 2.00 0.10 X 0 0 0 ANNE MUELLER DIRECTOR 1.00 X 0 0 0 MARTIN NESBITT DIRECTOR 1.00 X 0 0 0 NANCY GOLDER NORTHRIP DIRECTOR 1.00 X 0 0 0 TROY RATLIFF DIRECTOR 1.00 X 0 0 0 BRUCE RAUNER DIRECTOR 1.00 X 0 0 0 JONATHAN REINSDORF DIRECTOR 1.00 X 0 0 0 WILLIAM ROWE DIRECTOR 1.00 X 0 0 0 JEAN E SHERIDAN DIRECTOR 1.00 0.10 X 0 0 0 STEVE SULLIVAN DIRECTOR 1.00 X 0 0 0 BRYAN TRAUBERT MD DIRECTOR 1.00 X 0 0 0 MENNO VERMEULEN DIRECTOR 1.00 X 0 0 0 DAVID WEINBERG DIRECTOR 1.00 X 0 0 0 JENNIFER WILSON DIRECTOR 1.00 X 0 0 0 JOSEPH DRAGO TREASURER & CFO 40.00 0.40 X 70065 0 0 JESSICA FLORES SECRETARY/DIR OF STUDENT ENROLLMENT 40.00 X 67441 0 8163 RHONDA KOCHLEFL CHIEF EXTERNAL AFFAIRS OFFICER 40.00 0.40 X 237713 0 26374 ERIC THOMAS ASSISTANT SUPERINTENDENT 40.00 X 175684 0 17507 MICHAEL MADDEN CHIEF OPERATING OFFICER 40.00 X 175583 0 29434 PABLO SIERRA PRINCIPAL 40.00 X 171480 0 12111 WILLIAM OLSEN PRINCIPAL 40.00 X 166952 0 21718 KYLE COLE CHIEF EDUCATION OFFICER 40.00 X 151199 0 22997 TYSON KANE PRINCIPAL 40.00 X 148882 0 18276 KIMBERLY NEAL PRINCIPAL 40.00 X 148836 0 12196 1735096 0 190998 31 0 1 0 GREENBERG TRAURIG LLP 77 W WACKER DR SUITE 3100 CHICAGO IL 60601 LEGAL 112500 ELLE CUSTOM APPAREL 4611 WHITEHALL COURT ALGONQUIN IL 60102 UNIFORMS 110447 2 47375 99082144 26235244 5102877 125364763 FOOD PROGRAM 611110 4338691 4338691 SCHOOL FEES 611110 3325567 3325567 REGISTRATION & TUITION 611110 614674 614674 UNIFORM FEES 611110 515264 515264 SCHOOL FUNDRAISING 611110 46451 46451 8840647 66585 66585 10541055 10366288 174767 174767 174767 79374 47375 48679 30695 30695 MISCELLANEOUS 900099 462985 462985 462985 134940442 8840647 0 735032 454024 454024 1213357 1073093 124612 15652 54357335 48577821 5188901 590613 4789662 4575416 203991 10255 5008644 4655549 331956 21139 2505963 2120742 346576 38645 3247024 2376226 774875 95923 1761799 1601685 145983 14131 4381768 4224882 156095 791 5631298 5232642 398656 2276957 2068685 208272 3335641 3185765 149876 384824 384824 FOOD PROGRAM 4420284 4392872 27412 EDUCATION MATERIALS 2912066 2461612 450454 PROF DEVELOPMENT 1746469 1431657 289761 25051 SPORTS ACTIVITIES 1291665 1225545 66120 9339892 8135068 1161563 43261 109058672 98178108 10025103 855461 7881650 36965849 2502923 80166 6027360 11848275 6120948 7504192 2412748 1787185 84664143 14387542 61512680 70276601 3518982 9867117 17119292 99844408 145581560 6118780 10591812 3332437 1797575 22417585 41618053 20156651 18236384 5724821 5336568 57750274 77580392 X 33119247 48277404 8974887 19723764 42094134 68001168 99844408 145581560 25881770 25264 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 PART II-B, LINE 1: THE ORGANIZATION ENGAGED THE SERVICES OF A LEGAL FIRM TO PROVIDE ADVICE RELATING TO PROPOSED STATE LEGISLATION DIRECTLY AFFECTING THE ORGANIZATION AND ITS PROGRAM SERVICE REVENUES. 2736976 2736976 7360772 716564 6644208 63881942 11789341 52092601 4529231 1881637 2647594 6155222 6155222 70276601 BOND ISSUANCE COSTS, NET 2713989 CASH & INVESTMENTS - RESTRICTED BY BOND 7834336 CASH - RESTRICTED BY NMTC 2603858 INVESTMENTS - LEASE SECURITY DEPOSIT 757863 DEPOSITS 494641 DUE FROM NOBLE NETWORK EDUCATION FOUNDATION 191806 INVESTMENTS - RESTRICTED FOR STUDENTS SCHOLARSHIPS 2522799 17119292 DEFERRED RENT 2417231 DEFERRED LEASE INCENTIVE 2919337 5336568 X PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SCHOOL IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2014 AND 2013. FEDERAL AND STATE TAX AND/OR INFORMATION RETURNS OF THE SCHOOL ARE SUBJECT TO EXAMINATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE RETURNS WERE FILED. MANAGEMENT BELIEVES THAT THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2011. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NOBLE NETWORK OF CHARTER SCHOOLS FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. COPIES OF THIS POLICY CAN BE OBTAINED UPON REQUEST. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER CAPITA TUITION FROM CHICAGO PUBLIC SCHOOLS AND STATE AND FEDERAL GRANTS THROUGH OTHER GOVERNMENTAL AGENCIES. TASTE OF COLLEGE 2013 81074 1700 79374 5117 30213 4195 2165 FALL DINNER 45675 45675 3540 3449 126749 47375 79374 5117 33753 4195 5614 48679 30695 1 SCHOLARSHIPS 289 454024 SCHEDULE I PART I #2 SCHOLARSHIPS ELIGIBILITY - IN ORDER TO EARN A SCHOLARSHIP FROM THE NOBLE NETWORK ALUMNI OFFICE, A STUDENT MUST COMPLETE AN APPLICATION CRITERIA - APPLICANTS MUST HAVE A 2.0 MINIMUM CUMULATIVE GPA. RECIPIENTS WILL BE CHOSEN BASED UPON A DISPLAY OF VALUES FOUND CONSISTENT WITHIN THE ENTIRE NOBLE NETWORK. SCHOLARSHIP - THE STUDENT DEMONSTRATES A COMMITMENT TO HARD WORK AND GETTING EXTRA HELP TO ACHIEVE ACADEMIC GOALS. DISCIPLINE - THE STUDENT SERVES AS AN EXCELLENT ROLE MODEL FOR STUDENTS THROUGH THEIR BEHAVIOR AND SPIRIT. HONOR - THE STUDENT SHOWS CONCERN FOR OTHERS AND IS WILLING TO HELP THE NOBLE NETWORK ACHIEVE ITS MISSION. THE NETWORK ALUMNI COORDINATOR WILL VERIFY ENROLLMENT IN COLLEGE AND ADHERENCE TO THE TRAITS OF SCHOLARSHIP, DISCIPLINE, AND HONOR AS OUTLINED ABOVE. THE AMOUNT OF THE SCHOLARSHIP WILL BE BASED ON NEED AND AVAILABLE FUNDS. X X 0 0 0 1 0 0 0 0 0 MICHAEL MILKIE CEO 198511 0 22750 0 0 0 7036 0 15186 0 243483 0 0 0 RHONDA KOCHLEFL CHIEF EXTERNAL AFFAIRS OFFICER 157713 0 80000 0 0 0 8734 0 17640 0 264087 0 0 0 ERIC THOMAS ASSISTANT SUPERINTENDENT 173934 0 1750 0 0 0 4228 0 13279 0 193191 0 0 0 MICHAEL MADDEN CHIEF OPERATING OFFICER 152583 0 23000 0 0 0 11794 0 17640 0 205017 0 0 0 PABLO SIERRA PRINCIPAL 109680 0 61800 0 0 0 7651 0 4460 0 183591 0 0 0 WILLIAM OLSEN PRINCIPAL 109952 0 57000 0 0 0 4078 0 17640 0 188670 0 0 0 KYLE COLE CHIEF EDUCATION OFFICER 149449 0 1750 0 0 0 17826 0 5171 0 174196 0 0 0 TYSON KANE PRINCIPAL 94882 0 54000 0 0 0 7359 0 10917 0 167158 0 0 0 KIMBERLY NEAL PRINCIPAL 95486 0 53350 0 0 0 6755 0 5441 0 161032 0 0 0 PART I, LINE 5 SOME MEMBERS OF SENIOR MANAGEMENT WERE COMPENSATED WITH BONUSES BASED ON METRICS IMPORTANT TO THE FINANCIAL AND OPERATIONAL SUCCESS OF THE ORGANIZATION, INCLUDING CONTRIBUTIONS RAISED, GRANTS FROM FOUNDATIONS, INCREASES IN AVERAGE PER PUPIL FUNDING, AND THE SUCCESSFUL EXECUTION OF CERTAIN FINANCING AGREEMENTS. A ILLINOIS FINANCE AUTHORITY 861091967 45203AAM9 2006-08-30 11383550 IFA SERIES 2006 - RENOVATION 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45203ABN6 2007-05-31 13788150 IFA SERIES 2007 - RENOVATION 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45203ACF2 2013-10-24 19903820 IFA SERIES 2013 - RENOVATION 0 0 0 A 2233750 11383550 811512 542057 225000 819309 6963974 2021698 2006 1 0 1 1 B 1951250 13788150 979078 824788 272400 936312 10775572 2007 0 0 1 1 C 19903820 3000000 846927 398076 14347344 1311473 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART II, LINE 11, COLUMN A - OTHER SPENT PROCEEDS: $2,021,698 OF 2006 BOND PROCEEDS WERE USED TO CURRENTLY REFUND A PRIOR ISSUE OF TAX-EXEMPT BONDS WHICH WAS RETIRED ON THE BOND CLOSING DATE. X 2 5075387 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT ASSISTS IN PREPARING AND THEN REVIEWING A DRAFT OF FORM 990 PREPARED BY THE ORGANIZATION'S CPA FIRM. A FINAL COPY IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THIS POLICY REQUIRES ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. NOBLE NETWORK OF CHARTER SCHOOLS ENFORCES AND MONITORS ITS COMPLIANCE BY REVIEWING DISCLOSURE STATEMENTS REGULARLY AND REQUIRES ALL PARTIES TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE ORGANIZATION'S CEO AND SUPERINTENDENT. SALARY FOR ALL OTHER EMPLOYEES IS DETERMINED BY MANAGEMENT'S RESEARCH OF COMPARABLE POSITIONS AT COMPARABLE ORGANIZATIONS. THE CEO AND SUPERINTENDENT REVIEW AND APPROVE THE COMPENSATION ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION FURNISHES THIS INFORMATION UPON REQUEST. NOBLE DAY CARE L3C 1333 W CHICAGO AVE CHICAGO IL 60642 263214132 DAY CARE IL -21882 245615 NOBLE NETWORK OF CHARTER SCHOOLS NOBLE NETWORK EDUCATION FOUNDATION 1 N STATE STREET 7TH FLOOR CHICAGO IL 60602 320342169 TYPE 3 SUPPORTING ORGANIZATION IL 501(C)(3) 11C NOBLE NETWORK OF CHARTER SCHOOLS 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 NOBLE NETWORK EDUCATION FOUNDATION L 63000 ACCTG RECORDS