2013-02-14T13:44:11-06:00 2012-06-30 420714325 MCGLADREY LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2011-07-01 204069346 Catalyst Schools CATA 7738900233 5608 W Washington Blvd Chicago IL 606443009 Gordon Hannon 7738900233 2013-02-12 1 David Faje P00031371 3126343400 2011 2016-03-07 17:11:31Z Gordon Hannon 5608 W Washington Blvd Chicago IL 606443009 9270720 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. 14 14 141 30 0 0 520918 1016147 8210487 8193693 1162 0 30349 60880 8762916 9270720 0 0 0 0 6055401 6425672 0 0 74940 2246454 2600938 8301855 9026610 461061 244110 2628676 10109012 637473 7873699 1991203 2235313 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 8185163 8193693 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 seventh year of operations (2011-2012) approximately 1,030 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 342 graduates, 99% are in high school and on track to graduate on time (within four years). 8185163 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 0 1 19 0 1 141 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 1 1 0 IL X Gordon Hannon 7738975815 6727 S California Ave Chicago IL 60629 Terence 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 Culbertson 1.00 X 0 0 0 Michael Kelly 1.00 X 0 0 0 Greg Mooney 1.00 X 0 0 0 Heather Headley 1.00 X 0 0 0 Rick Hurd 1.00 X 0 0 0 Joe Zednik 1.00 X 0 0 0 Jim Mendelson 1.00 X 0 0 0 Amanda Smith 1.00 X 0 0 0 Joycelynn Stone 1.00 X 0 0 0 Susan Wallace 1.00 X 0 0 0 Gordon Hannon 40.00 X 119319 0 17138 David Baldwin 40.00 X 102274 0 11185 Maggie Nass 40.00 X 87062 0 17706 Chaun Johnson 40.00 X 91435 0 14459 Sala Sims 40.00 X 106482 0 19368 506572 0 79856 3 0 0 0 0 329000 687147 5375 1016147 Program Service Revenu 900099 8120492 8120492 Student Fees 900099 73201 73201 8193693 Misc. Revenue 900099 60880 60880 60880 9270720 8193693 0 60880 586428 538190 43042 5196 4533911 4160960 332777 40174 251454 230770 18456 2228 876746 804627 64351 7768 177133 162562 13001 1570 198 198 90473 90473 324728 209951 106729 8048 57337 37071 18845 1421 246237 222257 23980 282935 256365 22585 3985 857951 857198 753 1678 1678 7244 7244 14904 14904 481189 475253 5936 29970 29970 Extra Curriculars 117336 117336 Professional Developmen 41968 34077 7891 Student Services 22400 21500 900 Recruitment 15226 4928 10298 9164 4614 4550 9026610 8185163 766507 74940 1239897 1141426 272 5132 124712 457048 46000 67092 10591246 2152932 1217795 8438314 2628676 10109012 637473 1048699 6825000 637473 7873699 X 1947703 2193963 43500 41350 1991203 2235313 2628676 10109012 244110 0 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1875000 1875000 5017241 14284 5002957 1103885 245561 858324 326311 203501 122810 2268809 1689586 579223 8438314 9270720 9026610 244110 244110 9302933 32213 32213 9270720 0 9270720 9058823 32213 32213 9026610 0 9026610 Description of Uncertain Tax Positions Under FIN 48: Part X: Catalyst is organized exclusively for charitable and educational 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 2008. 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 Catalyst Schools publishes its nondiscrimination policy in its parent and student handbook and on its website. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 The Organization received $8,449,492 of assistance from Governmental Agencies. 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 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, conflict of interest policy, and financial statements are available to the general public upon request. Form 990, Part VI, Section B, Line 13: The organization is in the process of creating a written whistleblower policy for fiscal year 2013.