CHICAGO PUBLIC EDUCATION FUND: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO PUBLIC EDUCATION FUND (EIN 36-4279013)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-07-28
- IRS object ID
- 201132099349301258
- Schema version
- 2010v3.4
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-07-28T15:18:17-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTON GUNDERSON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 W 22ND ST STE 1100 | AddressLine1 |
| City | OAK BROOK | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364279013 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICAGO PUBLIC EDUCATION FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHIC | NameControl |
| Phone | 3125584500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST ADAMS STE 2150 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606065230 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JASON CASCARINO | Name |
| Title | SIGNING OFFICER | Title |
| Phone | 3125584500 | Phone |
| Date Signed | 2011-07-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGORY S ADAMS | Name |
| Phone | 6305738600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JASON CASCARINO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 W ADAMSSUITE 2150 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2124063 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.THEFUNDCHICAGO.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | THE CHICAGO PUBLIC EDUCATION FUND (THE FUND) SEEKS TO ACCELERATE ACHIEVEMENT FOR ALL CHICAGO PUBLIC SCHOOL STUDENTS BY BUILDING TEAMS OF TALENTED PRINCIPALS AND TEACHERS. USING AN INNOVATIVE VENTURE PHILATHROPY MODEL, THE FUND SERVES AS A CATALYST AND STRATEGIC INVESTMENT PARTNER TO BUSINESSES, FOUNDATIONS, CIVIC AND COMMUNITY LEADERS, AND THE CHICAGO PUBLIC SCHOOLS IN SUPPORTING HIGH-IMPACT PROGRAMS THAT IMPROVE SCHOOL LEADERSHIP AND STUDENT ACHIEVEMENT DISTRICT-WIDE. THE FUND MAKES SIGNIFICANT FINANCIAL CONTRIBUTIONS TO THE PROGRAMS IT SUPPORTS, AND IT ALSO PROVIDES CONSIDERABLE STRATEGIC OPERATING AND MANAGEMENT ASSISTANCE, OFTEN HELPING PROGRAMS CREATE STRATEGIC AND/OR MARKETING PLANS, HIRE MANAGEMENT TEAMS, RECRUIT BOARD MEMBERS, AND IDENTIFY ADDITIONAL SOURCES OF FINANCIAL SUPPORT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 16 | TotalNbrEmployees |
| Total Nbr Volunteers | 73 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 708951 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2083591 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 111485 | InvestmentIncomePriorYear |
| Investment Income Current Year | 40472 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 820436 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2124063 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1873687 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 891709 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1735291 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1819022 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 107580 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1111934 | OtherExpensePriorYear |
| Other Expenses Current Year | 741476 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4720912 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3452207 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3900476 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1328144 | RevenuesLessExpensesCY |
| Total Assets BOY | 15596642 | TotalAssetsBOY |
| Total Assets EOY | 14161504 | TotalAssetsEOY |
| Total Liabilities BOY | 346678 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 258122 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 15249964 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 13903382 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE CHICAGO PUBLIC EDUCATION FUND (THE FUND) SEEKS TO ACCELERATE ACHIEVEMENT FOR ALL CHICAGO PUBLIC SCHOOL STUDENTS BY BUILDING TEAMS OF TALENTED PRINCIPALS AND TEACHERS. USING AN INNOVATIVE VENTURE PHILATHROPY MODEL, THE FUND SERVES AS A CATALYST AND STRATEGIC INVESTMENT PARTNER TO BUSINESSES, FOUNDATIONS, CIVIC AND COMMUNITY LEADERS, AND THE CHICAGO PUBLIC SCHOOLS IN SUPPORTING HIGH-IMPACT PROGRAMS THAT IMPROVE SCHOOL LEADERSHIP AND STUDENT ACHIEVEMENT DISTRICT-WIDE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1688182 | Expense |
| Grants | 510772 | Grants |
| Description | HUMAN CAPITAL STRATEGYIN FUND III, THE FUND SET OUT TO HIRE THE BEST PRINCIPALS AND TEACHERS FOR CHICAGO'S SCHOOLS AND CLASSROOMS AND TO MEANINGFULLY EVALUATE THEIR PERFORMANCE. TO START, THE FUND DEVELOPED A TOOL THAT PROVIDES USEFUL DATA TO CPS REGARDING TEACHER VACANCIES TO INFORM SOURCING, STAFFING AND SCHOOL ORGANIZATION DECISION-MAKING. ALSO, FOR THE FIRST TIME, THE FUND WORKED WITH CPS TO COLLECT COGNITIVE MEASURES (GPA, UNDERGRADUATE COMPETITIVENESS, BASIC SKILLS TEST) FROM TEACHER CANDIDATES TO ANALYZE CORRELATIONS WITH VALUE-ADDED STUDENT ACHIEVEMENT OUTCOMES. TO EVALUATE TALENT, THE FUND WORKED CLOSELY WITH CPS ON DEVELOPING A NEW PERFORMANCE EVALUATION FRAMEWORK FOR TEACHERS. THE NEW FRAMEWORK WILL HELP CPS MEET NEW STATE MANDATES FOR TEACHER EVALUATION AND INCLUDE MEASURES FOR BOTH TEACHER PRACTICE THROUGH MORE RIGOROUS CLASSROOM OBSERVATIONS AND OF STUDENT ACADEMIC GROWTH. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 933707 | Expense |
| Grants | 282500 | Grants |
| Description | NATIONAL BOARD CERTIFICATION FOR EDUCATIONAL LEADERSSINCE 2000, THE FUND'S SUPPORT OF NATIONAL BOARD CERTIFIED TEACHERS (NBCT) HAS INCREASED THE NUMBER OF NBCTS IN CHICAGO PUBLIC SCHOOLS FROM 11 TO MORE THAN 1,800. MORE THAN 80,000 CHICAGO STUDENTS ARE BEING TAUGHT BY NBC TEACHERS AND THREE-QUARTERS OF SCHOOLS WITH NBC TEACHERS ARE 85 PERCENT OR MORE LOW INCOME. ANALYSES FOUND THAT THE VAST MAJORITY OF NBC TEACHERS IN CHICAGO HAVE MORE STUDENTS PERFORMING AND TRENDING WELL WHEN COMPARED TO OTHER VETERAN CPS TEACHERS. TO EXPAND A SIMILAR FOCUS TO PRINCIPALS, THE FUND MADE AN INVESTMENT IN NATIONAL BOARD FOR PROFESSIONAL TEACHING STANDARDS (NBPTS), WHICH MANAGES NBC, TO CREATE A NATIONAL CERTIFICATION FOR PRINCIPALS, NATIONAL BOARD CERTIFICATION FOR EDUCATIONAL LEADERS (NBCEL). THE CERTIFICATION PROCESS IS A COMPREHENSIVE PROFESSIONAL DEVELOPMENT OPPORTUNITY, COMPRISED OF A SERIES OF ASSIGNMENTS THAT ASSESS ACCOMPLISHED PRINCIPAL PRACTICES WITH A FOCUS ON STUDENT ACHIEVEMENT AND SCHOOL EFFECTIVENESS. THROUGHOUT THE LAST YEAR, THE FUND WORKED WITH NBPTS ON THE NBCEL FIELD TEST THAT INCLUDED 256 PARTICIPATING PRINCIPALS - 17 FROM CPS AND 28 FROM ILLINOIS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 260198 | Expense |
| Grants | 78725 | Grants |
| Description | TEACHER SELECTION TOOLTHE FUND SEEDED AND LED THE CUSTOMIZATION FOR CPS'S FIRST ONLINE FIT ASSESSMENT FOR TEACHER APPLICANTS, WHICH WILL ALLOW CPS TO IDENTIFY THOSE MOST LIKELY TO BE SUCCESSFUL IN CHICAGO'S URBAN TEACHING ENVIRONMENT AND FEED THOSE CANDIDATES TO PRINCIPALS FOR HIRING. | Description |
Activity Other ActivityOther (2 entries)
| ExpenseExpense | GrantsGrants | DescriptionDescription |
|---|---|---|
| 167440 | 19712 | OTHEROTHER PROGRAM ACTIVITIES SUPPORT A PROFESSIONAL COMPENSATION AND DEVELOPMENT PROGRAM FOR CHICAGO EDUCATORS, CHICAGO TEACHER ADVANCEMENT PROGRAM (TAP), AS WELL AS A PILOT PROGRAM AND STRATEGIC PLAN FOR EXPANDED LEARNING TIME (ELT) AT CPS. LEVERAGING THE FUND'S STRONG TRACK RECORD OF SEEDING NEW VENTURES IN CHICAGO AND UPON THE REQUEST OF THE DISTRICT, THE FUND AGREED TO PROVIDE STRATEGIC MANAGEMENT ASSISTANCE TO EXPLORE HOW ONLINE LEARNING CAN POSITIVELY IMPACT CHICAGO PUBLIC SCHOOLS IN MATH AND READING. THE FUND WORKED WITH CPS ON AN ONLINE LEARNING PILOT, ONE OF THE LARGEST IN THE COUNTRY, TO TEST ITS VIABILITY AT THE SCHOOL LEVEL AND LEVERAGED PRIVATE SECTOR EXPERTISE TO DEVELOP A STRATEGIC PLAN FOR ELT IN CHICAGO. |
| THE FUND GENERALLY DOES NOT RAISE FUNDS FOR A SPECIFIC PROGRAM SERVICE. INSTEAD, PROGRAM SERVICES ARE FUNDED THROUGH GENERAL OPERATING FUNDS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 167440 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 19712 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 3049527 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | 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 | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 0 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 16 | 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 |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | 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 | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BILL KIOLBASA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3125584500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST ADAMS SUITE 2150 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606065230 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| PENNY PRITZKER | ||||||||
| CHAIRMAN | 4.00 | X | X | 0 | 0 | 0 | ||
| KENNETH GRIFFIN | ||||||||
| VICE CHAIRMAN | 3.00 | X | X | 0 | 0 | 0 | ||
| HELEN ZELL | ||||||||
| VICE CHAIRMAN | 3.00 | X | X | 0 | 0 | 0 | ||
| JANET KNUPP | ||||||||
| FOUNDING PRESIDENT & CEO | 55.00 | X | X | 352700 | 0 | 26300 | X | |
| BARBARA MALOTT-KIZZIAH | ||||||||
| SECRETARY | 3.00 | X | X | 0 | 0 | 0 | ||
| JANA SCHREUDER | ||||||||
| TREASURER | 3.00 | X | X | 0 | 0 | 0 | ||
| BRUCE RAUNER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| TIMOTHY SCHWERTFEGER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SCOTT SMITH | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| BRIAN SIMMONS | ||||||||
| VICE CHAIRMAN | 3.00 | X | X | 0 | 0 | 0 | ||
| MELLODY HOBSON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| PENNY BENDER SEBRING | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SUSAN CROWN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| STEPHEN A CRUISE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JILL GARLING | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| SIDDHARTH BOBBY MEHTA | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| CLARE MUNANA | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| PATRICIA SALDANA NATKE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| EDWARD RUST JR | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RALPH RYDHOLM | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ERIK FYRWALD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BILL CHAFETZ | ||||||||
| MANAGER | 55.00 | 230000 | 0 | 9200 | X | X | ||
| JASON CASCARINO | ||||||||
| MANAGER | 55.00 | 140875 | 0 | 5635 | X | |||
| KATHLEEN ST LOUIS | ||||||||
| MANAGER | 55.00 | 137200 | 0 | 5488 | X | |||
| PATRICK HAUGH | ||||||||
| MANAGER | 55.00 | 115000 | 0 | 4600 | X | |||
| SARAH MAYEDA | ||||||||
| MANAGER | 55.00 | 100588 | 0 | 4024 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1076363 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 55247 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PARTHENON GROUP | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 STATE ST | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02109 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | STRATEGIC CONSULTING | DescriptionOfServices |
| Compensation | 261708 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 2083591 | AllOtherContributions |
| Total Contributions | 2083591 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40472 | TotalRevenueColumn |
| Exclusion | $40,472 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2124063 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $40,472 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 847959 | Total |
| Program Services | 847959 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43750 | Total |
| Program Services | 43750 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 910052 | Total |
| Program Services | 791925 | ProgramServices |
| Management And General | 93502 | ManagementAndGeneral |
| Fundraising | 24625 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 647592 | Total |
| Program Services | 563225 | ProgramServices |
| Management And General | 62262 | ManagementAndGeneral |
| Fundraising | 22105 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16500 | Total |
| Program Services | 14355 | ProgramServices |
| Management And General | 1650 | ManagementAndGeneral |
| Fundraising | 495 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 154373 | Total |
| Program Services | 134305 | ProgramServices |
| Management And General | 15437 | ManagementAndGeneral |
| Fundraising | 4631 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90505 | Total |
| Program Services | 78739 | ProgramServices |
| Management And General | 9051 | ManagementAndGeneral |
| Fundraising | 2715 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56945 | Total |
| Program Services | 34167 | ProgramServices |
| Management And General | 22778 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34431 | Total |
| Program Services | 13772 | ProgramServices |
| Management And General | 20659 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48584 | Total |
| Program Services | 33597 | ProgramServices |
| Management And General | 12764 | ManagementAndGeneral |
| Fundraising | 2223 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27191 | Total |
| Program Services | 19034 | ProgramServices |
| Fundraising | 8157 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75381 | Total |
| Program Services | 54807 | ProgramServices |
| Management And General | 8825 | ManagementAndGeneral |
| Fundraising | 11749 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107520 | Total |
| Program Services | 91392 | ProgramServices |
| Management And General | 12365 | ManagementAndGeneral |
| Fundraising | 3763 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 191095 | Total |
| Program Services | 162431 | ProgramServices |
| Management And General | 21976 | ManagementAndGeneral |
| Fundraising | 6688 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27253 | Total |
| Program Services | 24528 | ProgramServices |
| Management And General | 2725 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52330 | Total |
| Program Services | 35281 | ProgramServices |
| Fundraising | 17049 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67 | Total |
| Program Services | 67 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92107 | Total |
| Program Services | 78291 | ProgramServices |
| Management And General | 10592 | ManagementAndGeneral |
| Fundraising | 3224 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4470 | Total |
| Program Services | 3800 | ProgramServices |
| Management And General | 514 | ManagementAndGeneral |
| Fundraising | 156 | Fundraising |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| PROGRAM SUPPORT | 14850 | 14850 |
| EVALUATION ADVISORY COU | 9252 | 9252 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3452207 | Total |
| Program Services | 3049527 | ProgramServices |
| Management And General | 295100 | ManagementAndGeneral |
| Fundraising | 107580 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 325486 | BOY |
| EOY | 879534 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5985721 | BOY |
| EOY | 8072168 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9082192 | BOY |
| EOY | 5055661 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8556 | BOY |
| EOY | 11114 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 342663 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 204232 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 190091 | BOY |
| EOY | 138431 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4596 | BOY |
| EOY | 4596 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15596642 | BOY |
| EOY | 14161504 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49085 | BOY |
| EOY | 41591 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55808 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241785 | BOY |
| EOY | 216531 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 346678 | BOY |
| EOY | 258122 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6167772 | BOY |
| EOY | 8847721 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9082192 | BOY |
| EOY | 5055661 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15249964 | BOY |
| EOY | 13903382 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15596642 | BOY |
| EOY | 14161504 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1328144 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -18438 | ReconcilationOtherChanges |
| 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) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2051316 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5547638 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16401706 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 708951 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2083591 | CurrentTaxYear |
| Total | 26793202 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2051316 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5547638 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16401706 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 708951 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2083591 | CurrentTaxYear |
| Total | 26793202 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 11014649 | AmountsSubstContributorsTotal |
| Public Support Total170 | 15778553 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 220155 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 265859 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 144939 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 122508 | CurrentTaxYearMinus1Year |
| Current Tax Year | 40472 | CurrentTaxYear |
| Total | 793933 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 27587135 | TotalSupport |
| Public Support Pertcentage170 | 0.57200 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.54790 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 3452207 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 3452207 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 322610 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 80653 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 500 | CurrentYearMinus3 |
| Current Year Minus1 | 386046 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 386546 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $579,819 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 2500 | CurrentYearMinus3 |
| Current Year Minus1 | 500 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 3000 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 125 | CurrentYearMinus3 |
| Current Year Minus1 | 96512 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 96637 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $144,956 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 0 | CurrentYear |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 221322 | OtherCostOrOtherBasis |
| Depreciation | 133450 | Depreciation |
| Book Value | 87872 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 121341 | OtherCostOrOtherBasis |
| Depreciation | 70782 | Depreciation |
| Book Value | 50559 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 138431 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED RENT | $138,907 |
| DEFERRED COMPENSATION | $61,433 |
| CAPITAL LEASE OBLIGATION | $3,991 |
| ACCRUED EXPENSES | $12,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 216531 | TotalOfAmounts |
| Total Revenue | 2124063 | TotalRevenue |
| Total Expenses | 3452207 | TotalExpenses |
| Excess Or Deficit For Year | -1328144 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -18438 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -18438 | TotalAdjustments |
| Excess Or Deficit Per FS | -1346582 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2110125 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -18438 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 4500 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | -13938 | RevenueNotRptdF990 |
| Revenue Subtotal | 2124063 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2124063 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3456707 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 4500 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 4500 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3452207 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3452207 | TotalExpensesPerForm990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| NATIONAL BOARD FOR PROFESSIONAL TEACHING STANDARDS | |||||||
| 1525 WILSON BLVD SUITE 500 | ARLINGTON | VA | 22209 | 521512323 | 501(C)(3) | 282500 | SUPPORT OF NOT-FOR-PROFIT ORGANIZATION |
| CHICAGO TEACHERS UNION | |||||||
| 222 MERCHANDISE MART STE 400 | CHICAGO | IL | 60654 | 237076885 | 501(C)(4) | 22712 | SUPPORT OF NOT-FOR-PROFIT ORGANIZATION |
| CHICAGO PUBLIC SCHOOLS | |||||||
| 125 S CLARK STREET | CHICAGO | IL | 60603 | 366005881 | N/A | 542747 | SUPPORT OF NOT-FOR-PROFIT ORGANIZATION |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| HONORARIA TO CHICAGO PUBLIC SCHOOL TEACHERS FOR PARTICIPATION IN FIT ASSESSMENT STUDY | 750 | 18750 |
| DIANA FERGUSON | 1 | 25000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE CHICAGO PUBLIC EDUCATION FUND (THE FUND) MAKES INVESTMENTS IN GRANTEES PURSUANT TO A BENCHMARK SCHEDULE, SO THAT GRANT DOLLARS ARE DISBURSED TO GRANTEES ONLY UPON DOCUMENTED EVIDENCE THAT GRANTEES ARE ACHIEVING OR WORKING TOWARD ACHIEVING THE MOST CRITICAL FACTORS FOR THEIR PROGRAMS TO BE SUCCESSFUL. AT LEAST ONCE ANNUALLY, ONE OF THE BENCHMARKS CALLS FOR THE GRANTEE TO COMPLETE A COMPREHENSIVE SCORECARD DETAILING ITS ACHIEVEMENTS TO DATE. ACCEPTABLE ACHIEVEMENTS ARE JOINTLY AGREED UPON AT THE TIME THE FUND COMMITS TO THE GRANT, AND THE ANNUAL SCORECARD SHOWS THE PROGRESS AGAINST THESE SHARED GOALS. SINCE THE FUND'S STAFF SHARE RESPONSIBILITY FOR THE ACHIEVEMENT OF BENCHMARKS AND SCORECARD GOALS, OUR STAFF TAKES A VERY HANDS ON APPROACH TO PROGRAM MANAGEMENT, WITH A MONITORING FUNCTION INHERENT IN THIS WORK. AT ANY POINT DURING THE GRANT PERIOD, THE FUND CAN WITHHOLD THE ASSOCIATED PAYMENT IF A PARTICULAR BENCHMARK IS NOT MET OR CAN DECIDE TO DISCONTINUE FUNDING IF AMPLE PROGRESS IS NOT BEING MADE IN A TIMELY MANNER AGAINST NUMEROUS BENCHMARKS AND SCORECARD GOALS. SINCE THE FUND MAKES INVESTMENTS TO BUILD THE CAPACITY OF OUR GRANTEES, WE DO NOT PLACE RESTRICTIONS ON THE USE OF OUR GRANT DOLLARS, PROVIDED THAT THESE BENCHMARKS AND SCORECARD GOALS ARE BEING MET IN A TIMELY MANNER. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JANET KNUPP | |||||||||||||
| 265200 | 0 | 87500 | 0 | 0 | 0 | 26300 | 0 | 0 | 0 | 379000 | 0 | 345000 | 0 |
| BILL CHAFETZ | |||||||||||||
| 200000 | 0 | 30000 | 0 | 0 | 0 | 9200 | 0 | 0 | 0 | 239200 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | PART I, LINE 4B: JANET KNUPP, FOUNDING PRESIDENT & CEO TOTAL AMOUNT PAID = $16,500 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | JANET KNUPP AS A DIRECTOR AND CEO OF THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | 1. THE FINANCE DEPARTMENT COMPILES ALL SUPPORTING DOCUMENTS FOR EACH QUESTION ON THE FORM RELATED TO THE FUND'S FINANCIAL AFFAIRS. 2. AREAS RELATED TO THE PROGRAMMATIC ACTIVITIES OF THE ORGANIZATION ARE DELEGATED TO PROGRAM MANAGEMENT FOR INPUT. 3. THE DIRECTOR OF OPERATIONS PERFORMS A FULL REVIEW OF ALL DATA COLLECTED AND RECORDED ON THE FORM 990. 4. ONCE FINALIZED AND REVIEWED, THE FORM 990 IS PROVIDED TO THE FOUNDING PRESIDENT & CEO FOR REVIEW. 5. THE FINAL STEP IN THE PROCESS IS TO PROVIDE THE FORM 990 TO THE OPERATIONS, FINANCE AND AUDIT COMMITTEE AND THE BOARD FOR REVIEW AND APPROVAL BEFORE BEING FILED. THIS IS DONE DURING A ONE-WEEK REVIEW PERIOD VIA EMAIL. | |
| SHORTLY AFTER EACH NEW DIRECTOR JOINS THE FUND'S BOARD, THAT DIRECTOR IS PROVIDED AN ORIENTATION SESSION DURING WHICH MANAGEMENT BRIEFS A BOUND ORIENTATION PACKET FOR THE DIRECTOR TO KEEP AS A REFERENCE. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE PACKET AND DISCUSSED AT THE ORIENTATION. ADDITIONALLY, INVESTMENT COMMITTEE CHAIRMEN ARE RESPONSIBLE FOR ENSURING THAT ANY COMMITTEE OR BOARD MEMBER WHO HAS A POTENTIAL CONFLICT STATES SUCH CONFLICT AND RECUSES HIM OR HERSELF FROM THE DISCUSSION AND VOTE RELATING TO THE CONFLICT. AS PART OF STAFF MEMBERS' DUE DILIGENCE SURROUNDING ANY POTENTIAL INVESTMENT OR VENDOR, POTENTIAL CONFLICTS OF INTEREST WITH BOARD AND STAFF MEMBERS ARE EXPLORED. IF THE STAFF MEMBER BRINGING FORTH A RECOMMENDATION UNCOVERS A POTENTIAL CONFLICT, HE OR SHE MUST INFORM THE INVESTMENT COMMITTEE CHAIRMAN AND HELP TO ENSURE THAT THE PARTY WITH THE POTENTIAL CONFLICT FOLLOWS THE PROCEDURES STATED IN THIS POLICY. WITH RESPECT TO STAFF, ALL FUND PERSONNEL ARE REQUIRED TO ANNUALLY REVIEW AND CONSENT TO THE ORGANIZATION'S CODE OF ETHICS POLICY, WHICH COVERS CONFLICTS OF INTEREST. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE EXECUTIVE COMMITTEE OF THE BOARD SHALL REVIEW AND APPROVE THE COMPENSATION FOR THE PRESIDENT. THE POLICY OF THE FUND IS TO PROVIDE COMPENSATION TO THE PRESIDENT THAT REFLECTS THE RELATIVE IMPACT OF THE FUND AS COMPARED TO PEER ORGANIZATIONS. THE EXECUTIVE COMMITTEE WILL ACCOMPLISH THIS POLICY IN THE FOLLOWING MANNER: - SET INITIAL BASE SALARY BY CONSIDERING MARKET DATA AND THE PRESIDENT'S TRACK RECORD FOR ACHIEVING RESULTS, SKILLS, AND JOB RESPONSIBILITIES. -SET ANNUAL SALARY INCREASES AND BONUSES BASED ON EXTERNAL EQUITY WITH PEER ORGANIZATIONS' COMPENSATION PACKAGES AND THE FUND'S ANNUAL PERFORMANCE, AS REPORTED ON THE PERFORMANCE EVALUATIONS OF THE PRESIDENT SUBMITTED TO THE BOARD CHAIR BY THE EXECUTIVE COMMITTEE MEMBERS. - SET CONTRIBUTIONS TO A DEFERRED COMPENSATION PLAN BASED ON THE AFOREMENTIONED FACTORS AND CONSIDERING THE EXTENT TO WHICH THE FUND'S CONTRIBUTION TO THE PRESIDENT'S 401(K) IS LIMITED TO A LOWER PERCENTAGE OF THE PRESIDENT'S EARNINGS THAN THE FUND'S 401(K) PLAN AFFORDS OTHER STAFF MEMBERS. - CONSIDER WHETHER ADDITIONAL TYPES OF COMPENSATION SHOULD BE PAID TO THE PRESIDENT IN ORDER TO REMAIN COMPETITIVE WITH EXTERNAL PEER ORGANIZATIONS' COMPENSATION PACKAGES. - COMMUNICATE ANNUAL PERFORMANCE REVIEW, SALARY INCREASE, BONUS, CONTRIBUTION TO DEFERRED COMPENSATION PLAN AND ANY OTHER COMPENSATION MATTERS TO THE PRESIDENT AT YEAR-END. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE FUND DISCLOSES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS FOR PUBLIC INSPECTION UPON REQUEST. REGARDING FINANCIAL STATEMENTS, THE FUND'S ANNUAL FILING OF THE IRS FORM 990 ARE MADE ACCESSIBLE THROUGH GUIDESTAR.COM. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED LOSSES ON INVESTMENTS: -18,438. | FORM 990, PART XI, LINE 5: |
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