2013-04-06T14:56:11-05:00 2012-08-31 362985665 WOLF & COMPANY LLP 1901 S MEYERS RD SUITE 500 OAKBROOK TERRACE IL 601815209 990 2011-09-01 362167087 GLENWOOD SCHOOL GLEN 7087540175 500 W 187TH STREET GLENWOOD IL 60425 JOHN F IRWIN 7087540175 2013-03-16 1 DAVID R SIEHOFF P00175845 6305454500 2011 2016-02-25 16:41:14Z JOHN F IRWIN 500 W 187TH STREET GLENWOOD IL 60425 31594214 0 X WWW.GLENWOODSCHOOL.ORG X 1887 IL PREVENTATIVE RESIDENTIAL-EDUCATIONAL PROGRAM SERVING LOW-INCOME CHILDREN 34 34 17 40 0 0 3934420 3403145 0 0 4899924 3493404 129314 -21637 8963658 6874912 6769002 5848007 0 0 156022 542805 36000 36000 192088 2540648 2468232 9501672 8895044 -538014 -2020132 89581570 80384594 35353632 34125877 54227938 46258717 TO PROVIDE A HIGH QUALITY EDUCATION/RESIDENTIAL PROGRAM FOR STUDENTS FROM LOWER INCOME AND SINGLE-PARENT FAMILIES, WHO SEEK A POSITIVE ALTERNATIVE TO HOME AND COMMUNITY SITUATIONS WHICH IMPEDE OPPORTUNITIES TO ACHIEVE THEIR POTENTIAL. 0 0 6785174 5848007 DIRECT SUPPORT OF GLENWOOD SOUTH AND GLENWOOD WEST AFFILIATED ORGANIZATIONS OPERATING SCHOOLS AT RESPECTIVE CAMPUS LOCATIONS 6785174 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 6 0 1 17 1 0 0 0 0 0 1 1 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 IL WI X JANICE ROSE 7087540175 500 W 187TH STREET GLENWOOD IL 60425 JULIE BADEL 1.00 X 0 0 0 PETER BUTLER 1.00 X 0 0 0 DENNIS BERGER 1.00 X 0 0 0 SUSAN COFFIN 1.00 X 0 0 0 MATTHEW DARNALL 1.00 X 0 0 0 ROBERT J DARNALL 1.00 X 0 0 0 ROBERT S DARNALL 1.00 X 0 0 0 BRIAN FLANAGAN 1.00 X 0 0 0 PATRICK FLINN 1.00 X 0 0 0 KURT GABOUER 1.00 X 0 0 0 ROBERT HEIDRICK 1.00 X 0 0 0 PAMELA HEWITT 1.00 X 0 0 0 BLANCHE HILL 1.00 X 0 0 0 S BIFF BOWMAN 1.00 X 0 0 0 PAMELA LAWLOR 1.00 X 0 0 0 MICHAEL LYON 1.00 X 0 0 0 ANDREW MAREK 1.00 X 0 0 0 PETER MCDONALD 1.00 X 0 0 0 HELMUT MLAKAR 1.00 X 0 0 0 PERRY PERO 1.00 X 0 0 0 CRAIG STERN 1.00 X 0 0 0 DAVID VALENTINE 1.00 X 0 0 0 DAVID VITALE 1.00 X 0 0 0 STEVEN VOSS 1.00 X 0 0 0 CHARLES WALLS 1.00 X 0 0 0 RONALD WATERS 1.00 X 0 0 0 LOUIS WEBER III 1.00 X 0 0 0 NORMAN WESLEY 1.00 X 0 0 0 MARK WIGHT 1.00 X 0 0 0 ALAN DUFF 1.00 X 0 0 0 BORIS ELISMAN 1.00 X 0 0 0 C HANK HODGES 1.00 X 0 0 0 TIM GARDNER 1.00 X 0 0 0 WILLIAM OSBORNE 1.00 X 0 0 0 JULIETTE JACKSON 40.00 X 6548 111158 10680 JOHN F IRWIN 40.00 X 0 0 0 MEGAN DAVIS-OCHI 40.00 X 5637 95685 11494 SAMUEL BANKS 40.00 X 9861 162459 27590 22046 369302 49764 0 1 1 0 0 706139 152115 2544891 3403145 2436438 2436438 15292 0 15292 15292 15292 25584898 24527932 1056966 1056966 1056966 128940 706139 191370 -62430 -62430 OTHER 900099 25501 25501 25501 6874912 25501 0 3446266 5848007 5848007 15560 1445 8294 5821 173402 16106 92424 64872 317417 -1017973 1266254 69136 21456 644 19739 1073 14970 1085 8479 5406 51026 51026 48177 48177 36000 36000 4811 1043 4210 -442 26765 25301 -97 1561 4367 721 1938 1708 873874 825325 48549 44779 39098 2339 3342 BOND FINANCING COST 857400 857400 OTHER 451543 154446 296076 1021 BANK & ACTUARIAL 102744 32526 70218 APPEALS 2590 2590 156 156 8895044 6785174 1917782 192088 158463 401564 1110374 831015 2041977 835813 1608 1610 573672 810406 17995677 10439035 22462067 7556642 179887 180036 60671472 58233268 2382050 11534240 89581570 80384594 2522493 3914438 32500000 30000000 331139 211439 35353632 34125877 X 29924585 22944105 4051818 2904456 20251535 20410156 54227938 46258717 89581570 80384594 X -2020132 -5949089 X X 0 1 1 X 0 X 11475978 3375500 3178266 3934420 3403145 25367309 11475978 3375500 3178266 3934420 3403145 25367309 5941014 19426295 1178427 955981 2042566 2387785 2451730 9016489 19879 14317 37251 25501 96948 34480746 0.56340 0.68080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 24438104 1794130 3587647 5132268 24687613 22506420 3501918 4647055 6217289 24438104 23062603 921737 4853045 6330965 22506420 35352692 1391532 -6987632 6693989 23062603 1 0 87734 87734 9893236 5013829 4879407 6148458 3903492 2244966 1866249 1521714 344535 7556642 CONTRIBUTIONS RECEIVED FROM RESIDUAL TRUSTS 1569080 F CHARITABLE GIFT ANNUNITIES 295261 F ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 275141 F BENEFICIAL INTEREST IN PERPETUAL TRUSTS 12706595 F ASSETS HELD CRAT 367195 F CALIFORNIA LAND HELD AS INVESTMENT 108756 F SOUTH CAMPUS LAND 666033 F MUTUAL FUNDS 32774004 F FIXED INCOME 5054036 F EXCHANGE TRADED FUNDS 4417167 F 58233268 DUE TO (FROM) AFFLILIATE 3234240 PROPERTY PLANT AND EQUIPMENT AVAILABLE FOR SALE 8300000 11534240 LIABILITIES UNDER SPLIT - INTEREST ARRANGEMENTS 211439 211439 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE FUNDING TO PROGRAMS AND ENHANCE THE SUSTAINABILITY OF THE ORGANIZATION DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: GLENWOOD IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. GLENWOOD RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. GLENWOOD HAS NO ONGOING FEDERAL OR STATE INCOME TAX EXAMINATIONS. GLENWOOD IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX AUDITS BEFORE ITS YEAR ENDING AUGUST 31, 2009. X X 1 WINNING SYSTEMS INC 105 S YORK ST STE 500 ELMHURST IL 60126 PROVIDE PUBLIC FUNDING 0 152115 36000 116115 152115 36000 116115 THANKSGIVING LUNCHEON 835079 706139 128940 32059 31493 55628 72190 835079 706139 128940 32059 31493 55628 72190 191370 -62430 1 GLENWOOD SOUTH 500 W 187TH GLENWOOD IL 60425 364063075 501(C)(3) 5005170 CASH TO SUPPORT THE OPERATIONS OF THE CAMPUS GLENWOOD WEST 500 W 187TH GLENWOOD IL 60425 364062738 501(C)(3) 842837 CASH TO SUPPORT THE OPERATIONS OF THE CAMPUS 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: MONTHLY RECONCILIATIONS ARE PERFORMED X 1 1 X 0 1 0 0 0 0 0 0 0 MEGAN DAVIS-OCHI 5637 95685 0 0 0 0 1294 0 10200 0 17131 95685 0 0 SAMUEL BANKS 9861 162459 0 0 0 0 16174 0 11416 0 37451 162459 0 0 PART I, LINE 1A A RESIDENCE ON CAMPUS IS PROVIDED FOR THE PRESIDENT TO ALLOW FOR PRESIDENT TO BE AVAILABLE AS NECESSARY. TRAVEL EXPENSES SUCH AS MILEAGE, GAS, AND MAINTENANCE THAT ARE INCURRED ARE REIMBURSED BY THE ORGANIZATION. PART I, LINE 4B SAM BANKS (PRESIDENT) - $11,769 FORM 990, PART VI, SECTION B, LINE 11 THE GOVERNING BOARD RECEIVES A FINAL COPY OF THE 990 ONCE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BYLAWS CONTAIN PROVISIONS REGARDING THE CONFLICT OF INTEREST POLICY. THE BOARD REGULARLY REVIEWS THE BYLAWS AND APPROVES OF ANY CHANGES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE CONVENES TO REVIEW JOB PERFORMANCE AND DETERMINE IF ANY CHANGE TO COMPENSATION IS NECESSARY. INPUT FROM OUTSIDE SEARCH FIRMS IS OBTAINED AS NECESSARY. COMPENSATION ADJUSTMENTS ARE COMMENSURATE WITH INCREASES IN COST OF LIVING. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -260,084. CHANGE IN VALUE OF SPLIT INTEREST ARRANGEMENTS 56,221. IMPAIRMENT LOSS -5,745,226. TOTAL TO FORM 990, PART XI, LINE 5: -5,949,089. FORM 990, PART XII, LINE 2C THERE IS NO CHANGE IN PROCEDURE. GLENWOOD WEST 500 W 187TH GLENWOOD IL 60425 364062738 RESIDENTIAL AND EDUCATION PROGRAMS IL 501(C)(3) 2 N/A 0 GLENWOOD SOUTH 500 W 187TH GLENWOOD IL 60425 364063075 RESIDENTIAL AND EDUCATION PROGRAMS IL 501(C)(3) 2 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 GLENWOOD SOUTH B 4824837 ACTUAL COST GLENWOOD WEST B 800812 ACTUAL COST GLENWOOD SOUTH N 236704 ACTUAL COST GLENWOOD WEST N 27437 ACTUAL COST