2026-01-15T13:23:38-06:00 2025-06-30 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2024-07-01 362171732 Francis W Parker School FRAN 7737975501 330 W Webster Avenue Chicago IL 60614 Robert Haugh Chief Financial Officer 7737975501 2026-01-13 1 1 Rebekuh Eley P01247672 3126343400 2026-01-13 2024 2025-03-06 01:10:19Z Daniel Frank 330 W Webster Avenue Chicago IL 60614 59969047 0 X www.fwparker.org X 1901 IL See Form 990, Part III, Line 1 33 33 436 350 -1068277 0 6706134 10211877 42075145 44865815 3677216 2774773 -2140955 -1701444 50317540 56151021 6202800 6657021 0 0 32498896 34277551 0 0 2458297 13740309 13740455 52442005 54675027 -2124465 1475994 190750185 193319050 42261685 37317084 148488500 156001966 X The Francis W. Parker School (Parker) educates students to think and act with empathy, courage and clarity as responsible citizens and leaders in a democratic society and global community. 0 0 40940346 6264540 41733099 See Schedule OWe are deliberately composed of a diverse group of people so that we can learn how to honor the dignity and experience of every human being. Our commitment to inclusion and integration makes us an intimate and expansive school aiming for all to feel free and safe and able to acquire knowledge and skills, explore our imaginations, share who we are becoming and embrace the diversity of identities, passions and ideas that shape humanity. We pursue educational excellence and creativity in order to know the pleasures of learning and the value of contributing to the progress and improvement of society. We affirm students and their capacity to thrive when they feel known, understood and appreciated by teachers and classmates. We believe scholarship, character and confidence grow when we are open to new questions, perspectives and information; when we lead with respect, civility and curiosity as we make reasoned judgments; when we collaborate and when we persevere with integrity in the face of challenge. Our culture of trust and authenticity nurtures an abiding sense of purpose and joy that drives our work toward insight, understanding and accomplishment. We are responsive in our approaches to teaching and mentoring so that each person can grow in intellectual, aesthetic, emotional and moral life. We encourage all to be resourceful as we learn from one another through spirited, rigorous and reflective engagement in mathematics, languages, the humanities, sciences, arts, athletics and community service. Our vision is grounded in our relationships with one another, inspiring us to stretch beyond current achievements, points of view and disciplines. Our standards for inquiry reach from the classroom to life throughout the school, guiding each of us to do our best as we find meaning in what we learn. We hold that a Parker education is a privilege that carries responsibility. We call on all to participate with self-discipline, independence of mind and collaborative spirit. We expect each of us to come prepared to learn and to support Parker's approach to education, human development and community. Our purpose is to inspire our students to apply their skills, thoughts and values to make the world just, beautiful and interesting. The people of Francis W. Parker School educate students to connect reflection with action, wisdom with innovation, deeds with consequences, and character with citizenship. In these ways, Parker stands as a progressive school, dedicated to the growth and development of the whole person, on behalf of our democratic society and the wider world. 4884524 349963 2578687 Parker also offers certain other auxiliary programs which are used to supplement the general education of the school in making certain that the mission of the school can be achieved by all students. These programs include the schools extended day program, food service and music lessons. All of the auxiliary programs are overseen by the administration of the school and are staffed with school employees or professionals in the field of study. The food service of the school is overseen by a third party provider which specializes in food preparation and service with direct oversight of the school. 445000 42518 554029 Parker offers a Summer Camp program in accordance with the schools' overall exempt mission. This camp offers a safe, nurturing recreational opportunity for children in the neighboring community. The staff for the camp is composed of Parker faculty and students or former students who adhere to the overall mission of the school to guarantee an enriching experience for all camp participants. 46269870 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 131 0 1 436 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X Robert Haugh 7737975501 330 W Webster Avenue Chicago IL 60614 Isabel Polsky Co-Chair 3.00 X X 0 0 0 Jennifer Friedes Co-Chair 3.00 X X 0 0 0 Deji Jimoh Vice Chair 2.00 X X 0 0 0 Cindy O'Connor Vice Chair 2.00 X X 0 0 0 Monika Bahri Secretary 2.00 X X 0 0 0 Josh Lowitz Treasurer 2.00 X X 0 0 0 Zaid Abdul-Aleem Trustee 2.00 X 0 0 0 Eric Bruozis Trustee 2.00 X 0 0 0 Stephanie Cohen Trustee 2.00 X 0 0 0 Michael Demetriou Trustee 2.00 X 0 0 0 Margery Feitler Trustee 2.00 X 0 0 0 Anny Gary Trustee 2.00 X 0 0 0 Geoffrey Gist Trustee 2.00 X 0 0 0 Adam Gross Trustee 2.00 X 0 0 0 Rheaana Guess Trustee 2.00 X 0 0 0 Adnaan Hamid Trustee 2.00 X 0 0 0 Andrew Hananel Trustee 2.00 X 0 0 0 Michael Jackson Trustee 2.00 X 0 0 0 Tiffany Hamel Johnson Trustee 2.00 X 0 0 0 Kim Kerbis Trustee 2.00 X 0 0 0 Mikus Kins Trustee 2.00 X 0 0 0 Jonathan Levin Trustee 2.00 X 0 0 0 Mike Mokotof Trustee 2.00 X 0 0 0 Tamar Newberger Trustee 2.00 X 0 0 0 Irene Parisi Trustee 2.00 X 0 0 0 Adrienne Pitts Trustee 2.00 X 0 0 0 Marvin Pollack Trustee 2.00 X 0 0 0 Isa Pressman Trustee 2.00 X 0 0 0 Nick Scodro Trustee 2.00 X 0 0 0 Clarissa Shah Trustee 2.00 X 0 0 0 Steven Weisman Trustee 2.00 X 0 0 0 Brian Wrubel Trustee 2.00 X 0 0 0 Rika Yoshida Trustee 2.00 X 0 0 0 Daniel B Frank Principal 50.00 X 1004654 0 35438 Robert E Haugh Chief Financial Officer 50.00 X 437285 0 65012 Priyanka Rupani Assistant Principal 50.00 X 251904 0 28119 Kimeri S Swanson-Beck Lower School Head 50.00 X 191576 0 49042 Vannaphone Phayprasert Intermediate/Middle School Head 50.00 X 190962 0 19538 Brent Caburnay Director of Development 50.00 X 173469 0 10675 Cory Zeller Upper School Head 50.00 X 184250 0 10482 2434100 0 218306 98 0 1 0 Quest Food Management Services 2500 S Highland Suite 250 Lombard IL 60148 Food Services 1273948 GSF USA Inc PO Box 88932 Milwaukee WI 53288 Custodial Services 672746 Sidley Austin LLP P O Box 0642 Chicago IL 60603 Legal Services 592943 Infinity Transportation Management LLC PO Box 518 Downers Grove IL 60515 Transportation 416998 Midwest Mechanical Group LLC 26943 Network Place Chicago IL 606731269 Mechanical Services 329625 17 965647 9246230 3472202 10211877 Tuition & Fees 611110 41733099 41733099 Food Service 900099 1419911 1419911 Parker PM Program 900099 995061 995061 Summer Camp 900099 554029 554029 Music Lesson 611110 163715 163715 44865815 1769271 1769271 1997278 3592427 -1595149 -1595149 -1068277 -526872 1005502 0 1005502 1005502 1005502 117000 965647 225599 -108599 -108599 2304 2304 2304 56151021 44865815 -1068277 2141606 6657021 6657021 1482479 838253 450199 194027 23627692 19725985 2776572 1125135 1970450 1658857 226365 85228 5484646 4535643 680289 268714 1712284 1418292 208832 85160 81329 81329 74180 74180 60000 60000 892827 806462 86365 147229 147229 771359 557820 142435 71104 647530 647530 2724145 2318363 270521 135261 18085 3720 14365 366207 303307 56552 6348 30441 23343 7098 2813091 2394876 278810 139405 370943 315302 37094 18547 Student Support Service 3220113 3220113 Food Service 448657 448657 Bond Costs 400046 400046 Administration Support 348973 348973 325300 10297 315003 54675027 46269870 5946860 2458297 1805388 1881118 9918006 13058893 22170026 21844612 213936 247033 560227 430756 135489266 55202609 82885293 80286657 17314568 20129236 55882741 55440745 190750185 193319050 3487988 3463891 2883660 3089038 9645147 7156653 28256 28578 24000000 21500000 2216634 2078924 42261685 37317084 X 57000290 58875269 91488210 97126697 148488500 156001966 190750185 193319050 1475994 6037472 0 X 0 1 X 1 0 X 6729103 26616372 6561213 6706134 10268877 56881699 6729103 26616372 6561213 6706134 10268877 56881699 21202555 35679144 847743 1755466 2918806 3720579 3766549 13009143 501 0 0 0 0 501 12164 25954 2203 2304 42625 69933968 200744793 0.51020 0.49440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 67474105 1935765 7393101 3147000 73655971 60808636 1638387 8525082 3498000 67474105 57992133 1050657 4709846 2944000 60808636 70029374 1481393 -10856634 2662000 57992133 54461349 2078079 16093945 2603999 70029374 0.00000 0.62000 0.38000 0 0 3951656 3951656 123201025 48360998 74840027 8336585 6841611 1494974 80286657 Large Cap Equity 26820057 F Absolute Return 18374396 F Hedge Equity 2457994 F International Equity 3300982 F Real Assets 4487316 F 55440745 Post-Retirement Contribution Liability 1500000 Other Liabilities 77756 Lease Liabilities 501168 2078924 X Part IV, Line 2b: Included in cash and cash equivalents at June 30, 2025 and 2024, are $28,578 and $28,256, respectively, which are held as agent for the Parents' Association. The corresponding liabilities are included on the Form 990, Part X, line 21. Part V, Line 4: The endowment fund is used to supplement the operations of the school, which includes the awarding of financial aid. These funds are also used to supplement tuition revenue and donations given to the school. Part X, Line 2: The School, an Illinois nonprofit corporation, is exempt under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income, if any. The accounting standard on accounting for uncertainty in income taxes 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, the School 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 the School and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. At June 30, 2025 and 2024, there were no unrecognized tax benefits identified or recorded as liabilities. The School files Forms 990 and 990-T in the U.S. federal jurisdiction and the State of Illinois. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The school gives notice of its non-discriminatory policy in newspapers that have general circulation in the greater metropolitan Chicago area in accordance with federal regulations. PARKER PARTY 1082647 965647 117000 20110 108487 97002 1082647 965647 117000 20110 108487 97002 225599 -108599 1 Financial Assistance 181 6657021 Part I, Line 2: The School awards need-based financial assistance to students through tuition discounts. The School uses a third-party vendor to annually assess each family's need. This assessment is used to assist the Financial Aid Committee during their review and decision making. X X X 0 0 0 0 0 0 0 1 0 Daniel B Frank Principal 803904 0 200000 0 750 0 18666 0 16772 0 1040092 0 0 0 Robert E Haugh Chief Financial Officer 386535 0 50000 0 750 0 18666 0 46346 0 502297 0 0 0 Priyanka Rupani Assistant Principal 211154 0 40000 0 750 0 12720 0 15399 0 280023 0 0 0 Kimeri S Swanson-Beck Lower School Head 185826 0 5000 0 750 0 11559 0 37483 0 240618 0 0 0 Vannaphone Phayprasert Intermediate/Middle School Head 185212 0 5000 0 750 0 8632 0 10906 0 210500 0 0 0 Cory Zeller Upper School Head 178500 0 5000 0 750 0 10404 0 78 0 194732 0 0 0 Brent Caburnay Director of Development 172719 0 0 0 750 0 9720 0 955 0 184144 0 0 0 Part I, Line 7: Daniel B. Frank's compensation and bonus is determined by an Ad Hoc Committee of the Board responsible for the evaluation of the Principal based upon performance of the Principal against agreed upon goals and other factors the Committee deems relevant under the circumstances, including the leadership of the Principal and special challenges addressed successfully during the year. The full Board is also given an opportunity to provide input into the performance of the Principal. In addition, the determination of the overall compensation of the Principal is based upon a review by the Committee periodically of compensation data of comparable organizations and takes into account the duration of time in the office, experience, performance and special skills and attributes of the Principal. The bonuses for Robert E. Haugh, Priyanka Rupani, Kimeri S. Swanson-Beck, Vannaphone Phayprasert, and Cory Zeller are determined at the discretion of the Principal. X 36 3472202 FMV 0 0 1 0 Part I, Column (b): Represents the number of contributions. Form 990, Part VI, Section A, line 4 The Articles of Incorporation and the Bylaws were updated to make the authority for selecting the Principal consistent. Form 990, Part VI, Section B, line 11b The Audit Committee reviews the Form 990 with the organization's independent tax preparer and Parker's CFO. A copy of the 990 is made available for the full Board to review and the Board approves the filing of the 990. Form 990, Part VI, Section B, line 12c Conflict of Interest statements are collected from Parker's trustees each year and are reviewed by the Chair of the Board. Should a trustee report a conflict of interest on a given matter, that trustee is not allowed to take part in any discussion or to vote on any matter related to such conflict. Form 990, Part VI, Section B, line 15a In accordance with the Board approved procedures, an Ad Hoc Committee appointed by the Chair of the Board is responsible for reviewing and approving the compensation package of the organization's top management official. To determine compensation for the top management official, the Ad Hoc Committee utilizes local and national independent school compensation benchmarking. The Ad Hoc Committee also uses the Form 990's of other organizations with similar activities and size. The final compensation determination is outlined in a written employment contract. The process was documented. Compensation of other officers or key employees is determined by the Principal using local and national independent school compensation benchmarking. Form 990, Part VI, Section C, line 19 Financial statements, governing documents and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104(d). These documents are not available to the public at this time. Belden Acquisition LLC 1030 W Chicago Avenue Suite 300 Chicago IL 60642 834145830 Real Estate Holdings IL 901061 11681298 Francis W Parker School 317 Belden LLC 330 W Webster Avenue Chicago IL 60614 851293429 Real Estate Holdings IL 733481 12539361 Francis W Parker School