NORTHERN KANE EDUCATIONAL CORP: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- NORTHERN KANE EDUCATIONAL CORP (EIN 20-2059533)
- Tax period
- 2009-09-01 to 2010-08-31
- Filed
- 2011-07-15
- IRS object ID
- 201121969349300247
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-07-15T13:39:01-05:00 | Timestamp |
| Tax Period End Date | 2010-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIKICH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 998 CORPORATE BLVD | AddressLine1 |
| City | AURORA | City |
| State | IL | State |
| ZIP Code | 60502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202059533 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN KANE EDUCATIONAL CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 6303552050 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 WESTER BOULEVARD | AddressLine1 |
| City | PINGREE GROVE | City |
| State | IL | State |
| ZIP Code | 60140 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LARRY FUHRER | Name |
| Title | CEO AND DIRECTOR | Title |
| Phone | 6303552050 | Phone |
| Date Signed | 2011-07-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Andrew Twardowski | Name |
| Phone | 6305668400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LARRY FUHRER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 WESTER BOULEVARD | AddressLine1 |
| City | PINGREE GROVE | City |
| State | IL | State |
| ZIP Code | 60140 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4694191 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2004 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | to provide a high achievement learning environment while addressing financial, space and educational delivery issues within a rapidly-expanding, large school district. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 78 | TotalNbrEmployees |
| Total Nbr Volunteers | 98 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 320470 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 303405 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3388483 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4309768 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 17859 | InvestmentIncomePriorYear |
| Investment Income Current Year | 676 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 22145 | OtherRevenuePriorYear |
| Other Revenue Current Year | 49176 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3748957 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4663025 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2329238 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2625580 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2569066 | OtherExpensePriorYear |
| Other Expenses Current Year | 2506191 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4898304 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5131771 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1149347 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -468746 | RevenuesLessExpensesCY |
| Total Assets BOY | 15098530 | TotalAssetsBOY |
| Total Assets EOY | 14952107 | TotalAssetsEOY |
| Total Liabilities BOY | 12565020 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12887343 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2533510 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2064764 | NetAssetsOrFundBalancesEOY |
| Mission Description | to provide a high achievement learning environment while addressing financial, space and educational delivery issues within a rapidly-expanding, large school district. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3689180 | Expense |
| Revenue | 4143274 | Revenue |
| Description | CAMBRIDGE LAKES CHARTER SCHOOL PROVIDES DISTRICT 300 FAMILIES WITH AN ALTERNATIVE COMMUNITY SCHOOL CHOICE FOR STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE. DURING THE 2010 SCHOOL YEAR, 489 STUDENTS WERE ENROLLED. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 619918 | Expense |
| Revenue | 110269 | Revenue |
| Description | CAMBRIDGE LAKES PRESCHOOL OFFERS TUITION-BASED PRESCHOOL FOR 3- AND 4-YEAR-OLDS USING HIGH SCOPE METHODS. MIXED-AGE OFFERING IN COLLABORATION WITH PRESCHOOL FOR ALL, A STATE INITIATIVE. FAMILIES THAT QUALIFY RECEIVE PRESCHOOL PARTICIPATION AT NO COST. THE CHILDREN LEARN FROM ILLINOIS-CERTIFIED EARLY CHILDHOOD TEACHERS. DURING THE 2010 SCHOOL YEAR, 39 THREE YEAR OLDS AND 36 FOUR YEAR OLDS WERE ENROLLED. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18732 | Expense |
| Revenue | 48460 | Revenue |
| Description | SCHOOL'S OUT PROVIDES STUDENTS WITH LEARNING ENRICHMENT FOR CORE SUBJECTS AND OPPORTUNITIES TO EXPLORE ART, MUSIC, TECHNOLOGY, FITNESS AND SPORTS.SCHOOL'S OUT SUMMER FUN PROVIDES A 2-WEEK CAMP EXPERIENCE SIX TIMES DURING THE SUMMER. SCHOOL'S OUT COMMUNITY FUN SERVES ADULTS AND FAMILIES. ENROLLMENT IN THE SCHOOL'S OUT PROGRAM FOR THE 2010 SCHOOL YEAR WAS BETWEEN 118 AND 135 PARTICIPANTS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6150 | Expense |
| Revenue | 7765 | Revenue |
| Description | CAMBRIDGE ADULT ACADEMY | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 6150 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 7765 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 4333980 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 45 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 78 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6303552050 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 WESTER BOULEVARD | AddressLine1 |
| City | PINGREE GROVE | City |
| State | IL | State |
| ZIP Code | 60140 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| Julie Mahaffey | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Stacey Ruiz | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Kristen Lehman | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Moses Mutuku | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| holly Blair-Cascio | ||||||
| Director and Teacher | 57.00 | X | 42342 | 0 | 4080 | |
| richard Raab | ||||||
| Director and Master Teache | 33.00 | X | 26750 | 0 | 4080 | |
| KAREN BEHRNS | ||||||
| PRINCIPAL CAMBRIDGE LAKES CHARTER | 58.00 | X | 65920 | 0 | 4080 | |
| DIANE SCHAEL | ||||||
| DIR. OF CL PRESCHOOL, DEAN ADULT | 50.00 | X | 50133 | 0 | 4080 | |
| TRACY WAHL | ||||||
| DIR. TEACHING & LEARNING | 55.00 | X | 47833 | 0 | 4080 | |
| Larry Fuhrer | ||||||
| CEO and Director | 103.00 | X | 0 | 0 | 0 | X |
| Tim Loversky | ||||||
| BOD Chairman and Director | 2.00 | X | 0 | 0 | 0 | X |
| Sylvia Polletta | ||||||
| Dir Corp Admin and Directo | 50.00 | X | 44383 | 0 | 4080 | X |
| MARG BOGNER | ||||||
| TREASURER | 30.00 | 14299 | 0 | 700 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 291660 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 25180 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| HODGES LOIZZI EISENHAMMER RODICK AND | |||||
| 3030 SALT CREEK LANE SUITE 202 | ARLINGTON HEIGHTS | IL | 60005 | LEGAL SERVICES | 189088 |
| PRESIDENTIAL SERVICES LTD | |||||
| 2808 WILLOW RIDGE DRIVE | NAPERVILLE | IL | 60564 | MANAGEMENT & SUPPORT SERVICES; CEO | 120000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Government Grants | 279523 | GovernmentGrants |
| All Other Contributions | 23882 | AllOtherContributions |
| Noncash Contributions | 13652 | NoncashContributions |
| Total Contributions | 303405 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CHARTER SCHOOL TUITION | 900099 | 3927411 | 3927411 |
| PRESCHOOL TUITION | 900099 | 110269 | 110269 |
| LUNCH FEES | 900099 | 80224 | 80224 |
| REGISTRATION FEES | 900099 | 76355 | 76355 |
| SCHOOL'S OUT PROGRAM | 900099 | 48460 | 48460 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67049 | TotalRevenueColumn |
| Related Or Exempt Function Income | 67049 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4309768 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 676 | TotalRevenueColumn |
| Exclusion | $676 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 45214 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 31166 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14048 | TotalRevenueColumn |
| Exclusion | $14,048 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2939 | GrossSalesOfInventory |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2939 | TotalRevenueColumn |
| Exclusion | $2,939 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| REFUND ON CONTRACT | 900099 | 30000 | $30,000 |
| MISCELLANEOUS INCOME | 900099 | 2189 | $2,189 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 32189 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4663025 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4309768 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $49,852 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335554 | Total |
| Program Services | 151788 | ProgramServices |
| Management And General | 183766 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1931307 | Total |
| Program Services | 1903595 | ProgramServices |
| Management And General | 27712 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 197321 | Total |
| Program Services | 168019 | ProgramServices |
| Management And General | 29302 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161398 | Total |
| Program Services | 149715 | ProgramServices |
| Management And General | 11683 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189088 | Total |
| Management And General | 189088 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31995 | Total |
| Management And General | 31995 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 231262 | Total |
| Program Services | 96382 | ProgramServices |
| Management And General | 134880 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34210 | Total |
| Program Services | 24145 | ProgramServices |
| Management And General | 10065 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1844 | Total |
| Program Services | 476 | ProgramServices |
| Management And General | 1368 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22057 | Total |
| Program Services | 17464 | ProgramServices |
| Management And General | 4593 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96595 | Total |
| Program Services | 82461 | ProgramServices |
| Management And General | 14134 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39380 | Total |
| Program Services | 5807 | ProgramServices |
| Management And General | 33573 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 723599 | Total |
| Program Services | 716362 | ProgramServices |
| Management And General | 7237 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 774371 | Total |
| Program Services | 754916 | ProgramServices |
| Management And General | 19455 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64502 | Total |
| Management And General | 64502 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SUPPLIES | 86679 | 68695 | 17984 |
| LUNCH | 85888 | 85364 | 524 |
| REPAIRS AND MAINTENANCE | 81765 | 74408 | 7357 |
| TELEPHONE AND DATA LINE | 37054 | 34383 | 2671 |
| BANK FEES | 5902 | 5902 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5131771 | Total |
| Program Services | 4333980 | ProgramServices |
| Management And General | 797791 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 365210 | BOY |
| EOY | 220415 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1319696 | BOY |
| EOY | 1239693 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12406 | BOY |
| EOY | 20000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21105 | BOY |
| EOY | 100385 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 14669221 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2260872 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12408940 | BOY |
| EOY | 12408349 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 971173 | BOY |
| EOY | 963265 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15098530 | BOY |
| EOY | 14952107 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 492002 | BOY |
| EOY | 188214 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75776 | BOY |
| EOY | 108409 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11977289 | BOY |
| EOY | 11720313 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19953 | BOY |
| EOY | 870407 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12565020 | BOY |
| EOY | 12887343 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2474354 | BOY |
| EOY | 2027596 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59156 | BOY |
| EOY | 37168 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2533510 | BOY |
| EOY | 2064764 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15098530 | BOY |
| EOY | 14952107 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1800000 | OtherCostOrOtherBasis |
| Book Value | 1800000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10032522 | OtherCostOrOtherBasis |
| Depreciation | 1289674 | Depreciation |
| Book Value | 8742848 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1557860 | OtherCostOrOtherBasis |
| Depreciation | 777122 | Depreciation |
| Book Value | 780738 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1278839 | OtherCostOrOtherBasis |
| Depreciation | 194076 | Depreciation |
| Book Value | 1084763 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 12408349 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BOND ISSUANCE COST | 151518 |
| BOND PROCEEDS HELD IN TRUST | 811627 |
| ACCRUED INTEREST RECEIVABLE | 120 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 963265 | TotalBookValueOtherAssets |
| Total Revenue | 4663025 | TotalRevenue |
| Total Expenses | 5131771 | TotalExpenses |
| Excess Or Deficit For Year | -468746 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | -468746 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4694191 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 31166 | OtherRevenues |
| Revenue Not Rptd F990 | 31166 | RevenueNotRptdF990 |
| Revenue Subtotal | 4663025 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4663025 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5162937 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 31166 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 31166 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5131771 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5131771 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | During the fiscal year ended August 31, 2010, the Nonprofit Corporation adopted the authoritative guidance issued by the Financial Accounting Standards Board (FASB) that clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold of more-likely-than-not to be sustained upon examination. Measurement of the tax uncertainty occurs if the recognition threshold has not been met. This guidance also addresses derecognition, classification, interest and penalties, disclosure, and transition. The Nonprofit Corporation conducts business solely in the U.S. and, as a result, files income tax returns for U.S. and Illinois. In the normal course of business, the Nonprofit Corporation is subject to examination by taxing authorities. The Nonprofit Corporation's tax returns for years subsequent to fiscal 2006 are open, by statute, for review by authorities. However, at present, there are no ongoing income tax audits or unresolved disputes with the various tax authorities that the Nonprofit Corporation currently files or has filed with. The Nonprofit Corporation does not believe there are any material uncertain tax positions and, accordingly, has not recognized a liability for unrecognized tax benefits. No interest or penalties were accrued as of August 31, 2010, as a result of the adoption of this guidance. |
| Part XII, Line 2d - Other Adjustments: | SPECIAL EVENT DIRECT EXPENSE: 31166. | |
| Part XIII, Line 2d - Other Adjustments: | SPECIAL EVENT DIRECT EXPENSE: 31166. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | THE ILLINOIS STATE BOARD OF EDUCATION AWARDED TWO GRANTS TO NORTHERN KANE IN THE AMOUNTS OF $199,523 AND $80,000. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FUN FAIR | NameOfEvent1 |
| Gross Receipts Event1 | 6997 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 6997 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 1518 | OtherDirectExpensesEvent1 |
| Name Of Event2 | ART TO REMEMBER | NameOfEvent2 |
| Gross Receipts Event2 | 6344 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 6344 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 4748 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 19 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 31873 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 31873 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 24900 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 45214 | GrossReceiptsTotal |
| Gross Revenue Total Events | 45214 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 31166 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 31166 | DirectExpenseSummaryEvents |
| Net Income Summary | 14048 | NetIncomeSummary |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| VILLAGE OF LAKE IN THE HILLS | ||||||
| 366009195 | 510021AJ7 | 2007-06-01 | 1600000 | TO FURNISH CLASSROOMS AND OFFICES AT CAMBRIDGE LAKES LEARNING CENTER | 0 | 0 |
| VILLAGE OF PINGREE GROVE | ||||||
| 361188432 | 72342PAA8 | 2007-01-01 | 10565000 | TO CONSTRUCT SCHOOL BUILDINGS | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund |
|---|---|---|---|---|---|---|---|---|
| 1600000 | 32000 | 1600000 | 2007 | 0 | 0 | 1 | 1 | |
| 10565000 | 147635 | 9844373 | 2007 | 0 | 0 | 1 | 1 | 811627 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Presidential Services Ltd | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | THE OWNER OF PRESIDENTIAL SERVICES, LTD. IS ALSO THE CEO OF NKEC | Relationship |
| Amount Of Transaction | 120000 | AmountOfTransaction |
| Description Of Transaction | PROVIDED MANAGEMENT AND SUPPORT SERVICES OF NKEC AS THE CEO OF NKEC | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 3 | THE CEO FOR NORTHERN KANE IS AN INDEPENDENT CONTRACTOR. DUTIES OF THE CEO INCLUDE HIRING, FIRING, SUPERVISING PERSONNEL, BUDGETING, SUPERVISING FINANCIAL OPERATIONS, STRATEGIC PLANNING AND FUNDRAISING. THE CEO ALSO SERVES AS THE LIASON WITH INVESTMENT BANKERS, BOND TRUSTEE, ATTORNEYS, AND ACCOUNTANTS. |
| Form 990, Part VI, Section B, line 11 | Larry Fuhrer, CEO reviews all schedules. After a draft of the 990 is received, it will be distributed to the Board for their review. |
| Form 990, Part VI, Section B, line 12c | Directors and Officers are covered under the policy. Directors and officers have been instructed from the beginning of the Corporation to disclose as they occur any conflicts of interest. The board monitors potential conflicts between members and other entities. New vendors or transactions are screened for possible conflicts. The roles of officers and directors in outside interests are also monitored for potential conflict. An Interested party cannot vote on a transaction. There is no limit to the amount of a transaction; all are approved by the Board. |
| Form 990, Part VI, Section B, line 15b | THE CEO DETERMINES COMPENSATION OF OFFICERS BY USING RUBRICS TO EVALUATE STAFF AND PAY IS BASED ON THE RESULTS OF THE EVALUATIONS. |
| Form 990, Part VI, Section C, line 19 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |