2026-05-06T15:54:14-05:00 2025-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 455 N CITYFRONT PLAZA DR - SUITE 1600 CHICAGO IL 60611 990 2024-07-01 455454261 INTRINSIC SCHOOLS INTR 7088872735 4540 W BELMONT CHICAGO IL 60641 MELISSA MEGLIOLA CEO 7088872735 2026-05-05 1 1 JAMES G QUAID P00641738 3126707444 2026-05-05 2024 2025-03-06 01:10:19Z MELISSA MEGLIOLA 4540 W BELMONT CHICAGO IL 60641 42172445 0 X INTRINSICSCHOOLS.ORG X 2012 IL THE MISSION OF INTRINSIC SCHOOLS IS TO CREATE A REVOLUTIONARY NEW SCHOOL MODEL IN ORDER TO 1) PREPARE ALL STUDENTS FOR POSTSECONDARY SUCCESS AND WORLD-CHANGING ENDEAVORS; AND 2) PROVIDE THE EDUCATION COMMUNITY WITH A ROADMAP TO SUSTAINABLE IMPLEMENTATION. 9 9 321 24 0 0 34733988 41474573 309016 334119 159847 315345 35178 48408 35238029 42172445 580853 1069639 0 0 21361621 23086878 0 0 168259 12363240 13538550 34305714 37695067 932315 4477378 77156348 95868750 58233449 72468473 18922899 23400277 X THE MISSION OF INTRINSIC SCHOOLS IS TO CREATE A REVOLUTIONARY NEW SCHOOL MODEL IN ORDER TO 1) PREPARE ALL STUDENTS FOR POSTSECONDARY SUCCESS AND WORLD-CHANGING ENDEAVORS; AND 2) PROVIDE THE EDUCATION COMMUNITY WITH A ROADMAP TO SUSTAINABLE IMPLEMENTATION. 0 0 34049627 1069639 334119 THE SCHOOL IS A PUBLIC CHARTER SCHOOL THAT PROMISES TO INTEGRATE TECHNOLOGY INTO TEACHING AND LEARNING IN ORDER TO PERSONALIZE THE EXPERIENCE FOR EACH STUDENT. EACH STUDENT WILL HAVE AN INDIVIDUAL MOBILE DEVICE. IN ORDER TO PREPARE ALL THEIR STUDENTS FOR 21ST CENTURY POSTSECONDARY SUCCESS, THE SCHOOL WILL PROVIDE ALL STUDENTS WITH REAL WORLD EXPERIENCES. THE SCHOOL SERVED 938 STUDENTS AT THE SEVENTH THROUGH TWELFTH GRADE LEVELS AT THE BELMONT CAMPUS AND 691 STUDENTS AT THE DOWNTOWN CAMPUS AT THE NINTH AND TENTH GRADE LEVEL FOR THE YEARS ENDED JUNE 30, 2024. FOR THE YEAR ENDED JUNE 30, 2025, THE SCHOOL SERVED 977 STUDENTS AT THE BELMONT CAMPUS AT THE SEVENTH THROUGH TWELFTH GRADE LEVELS AND 728 STUDENTS AT THE DOWNTOWN CAMPUS AT THE NINTH THROUGH TWELFTH GRADE LEVELS. 34049627 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 124 0 1 321 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 0 0 X THE ORGANIZATION 7088872735 4540 W BELMONT CHICAGO IL 60641 MELISSA MEGLIOLA CEO 40.00 X 203370 0 9424 TIM LIGUE COO 40.00 X 179518 0 8350 BARRY RODGERS PRINCIPAL 40.00 X 172864 0 27236 AMI GANDHI CHIEF LEARNING OFFICER 40.00 X 170778 0 18274 MICHELLE TROJAN PRINCIPAL 40.00 X 164127 0 13891 DAENA BARRETT ADAMS CHIEF OF SCHOOLS 40.00 X 159746 0 13942 JAMES FRANK CHAIR 5.00 X X 0 0 0 JUSTIN MANLY TREASURER 5.00 X X 0 0 0 DAVID EPSTEIN DIRECTOR 2.00 X 0 0 0 NANCY JIMENEZ DIRECTOR 2.00 X 0 0 0 GREG JONES DIRECTOR 2.00 X 0 0 0 LAURA JOZWIAK DIRECTOR 2.00 X 0 0 0 HARRIET MEYER DIRECTOR 2.00 X 0 0 0 JIM PALOS DIRECTOR 2.00 X 0 0 0 JOSH TOLMAN DIRECTOR 2.00 X 0 0 0 1050403 0 91117 26 0 1 0 THE STEPPING STONES GROUP LLC 2586 TRAILRIDGE DRIVE EAST STE 100 LAFAYETTE CO 80026 THERAPY & BEHAVIORAL SERVICES 373808 1 33607744 7866829 164104 41474573 STUDENT FEES 611110 334119 334119 334119 315345 315345 48408 48408 48408 42172445 334119 0 363753 1069639 1069639 214846 171877 42969 18845599 17973503 869087 3009 1386915 1368213 18702 1937763 1836749 97946 3068 701755 639035 59673 3047 122891 122891 127100 127100 1695657 638916 1056556 185 279365 171025 108340 850552 582260 267499 793 670365 481928 188437 3705482 3514725 183420 7337 1161145 1141930 19215 1175903 1084005 89472 2426 1664462 1576541 84392 3529 139099 131751 7053 295 STUDENT PROGRAMS 975970 975970 FOOD 518795 518795 PROF DEVELOPMENT 306232 306232 145532 38410 5521 101601 37695067 34049627 3477181 168259 6903451 21551113 4963345 5928036 1520558 1169729 338237 324637 47641736 14161032 27405696 33480704 36025061 33414531 77156348 95868750 2065059 3244255 14095000 18600475 18204985 37567915 36924233 58233449 72468473 X 18486770 22912996 436129 487281 18922899 23400277 77156348 95868750 4477378 0 X 0 1 X 1 1 1 X 21052024 28132790 32486755 34733988 41310468 157716025 21052024 28132790 32486755 34733988 41310468 157716025 9794643 147921382 111 110 410 159847 315345 475823 32168 11560 23678 35178 48408 150992 158342840 1206370 0.93420 0.98060 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 32,168. 2021 AMOUNT: $ 11,560. 2022 AMOUNT: $ 23,678. 2023 AMOUNT: $ 35,178. 2024 AMOUNT: $ 48,408. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2177785 2177785 18494790 6549231 11945559 13917887 2334202 11583685 3363559 3136002 227557 9687715 2141597 7546118 33480704 DEPOSITS 239848 OPERATING LEASE RIGHT OF USE ASSET 32982927 FINANCE LEASE RIGHT OF USE ASSET 191756 33414531 OPERATING LEASE LIABILITY 36728225 FINANCE LEASE LIABILITY 196008 36924233 X 42454433 281988 281988 42172445 0 42172445 37977055 281988 281988 37695067 0 37695067 PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES THAT THEY ARE AN OPEN ENROLLMENT SCHOOL WHICH EXTENDS ADMISSION TO ANY AND ALL STUDENTS, RESIDING IN CHICAGO, FOR THE OFFERED GRADE LEVELS. THIS MESSAGE IS COMMUNICATED BY ATTENDING COMMUNITY EVENTS, DISTRIBUTING PRINTED MATERIALS, FULL DISCLOSURE ON THEIR WEBSITE, AND OPEN COMMUNICATION WITH LOCAL GOVERNMENT OFFICIALS. SCHEDULE E, PART I, LINE 4 INTRINSIC SCHOOLS IS A PUBLIC CHARTER SCHOOL WITH NO TUITION, THEREFORE NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE ARE AWARDED TO STUDENTS TO ATTEND INTRINSIC SCHOOLS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS AND ILLINOIS BOARD OF STATE EDUCATION TO ASSIST IN THE SCHOOL'S EFFORT TO PROVIDE AN EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT. 1 SCHOLARSHIPS 386 1069639 SCHOLARSHIPS FOR COLLEGE TUITION AND OTHER EDUCATION COSTS PART I, LINE 2: ALL GRANTS RECEIVED FOR SCHOLARSHIPS ARE MARKED AS RESTRICTED WITHIN THE ACCOUNTING SYSTEM AND EXPENDITURES ARE CONTINUALLY MONITORED AND TRACKED JOINTLY BY BOTH THE DIRECTOR OF FINANCE AND DIRECTOR OF POSTSECONDARY SUCCESS. ALL SCHOLARSHIP FUNDS ARE SENT DIRECTLY TO THE INSTITUTION OR TO THE VENDOR AFTER VERIFYING CONTINUED ELIGIBILITY OF THE AWARDED RECIPIENT. FOR TUITION SCHOLARSHIPS, STUDENTS SUBMIT AN AWARD LETTER AND TRANSCRIPT AND HAVE MONTHLY CHECK-INS WITH INTRINSIC STAFF TO ENSURE THAT RECIPIENTS STILL MEET THE REQUIREMENTS OF THE SCHOLARSHIP. ALL STUDENTS WHO RECEIVE A SCHOLARSHIP FOR COLLEGE OR SUMMER PROGRAM TUITION SIGN A CONTRACT TO GUARANTEE PARTICIPATION AND ACTIVE COMMUNICATION. X X 0 0 0 0 0 0 0 0 0 MELISSA MEGLIOLA CEO 203370 0 0 0 0 0 8990 0 434 0 212794 0 0 0 TIM LIGUE COO 179518 0 0 0 0 0 7916 0 434 0 187868 0 0 0 BARRY RODGERS PRINCIPAL 172864 0 0 0 0 0 8062 0 19174 0 200100 0 0 0 AMI GANDHI CHIEF LEARNING OFFICER 170778 0 0 0 0 0 5036 0 13238 0 189052 0 0 0 MICHELLE TROJAN PRINCIPAL 164127 0 0 0 0 0 7205 0 6686 0 178018 0 0 0 DAENA BARRETT ADAMS CHIEF OF SCHOOLS 159746 0 0 0 0 0 7256 0 6686 0 173688 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 45022AH91 2015-12-18 21480729 IFA SERIES 2015 - REFINANCE COSTS FOR SCHOOL 0 0 0 A 3150000 21490625 2012247 429615 1422 19514850 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 14: THE 2015 BOND ISSUANCE WAS USED TO REFINANCE PRIOR ISSUES USED TO ACQUIRE, RENOVATE AND CONSTRUCT A CHARTER SCHOOL. SCHEDULE K, PART IV: REBATE CALCULATION IS BEING PERFORMED AS OF MARCH 2026. SCHEDULE K, PART II, LINE 3: THE DIFFERENCE BETWEEN PART I, ISSUE PRICE (COL E) AND PART II, LINE 3 (TOTAL PROCEEDS) REPRESENTS INVESTMENT EARNINGS ON RESERVE FUNDS. X 1 164104 FMV 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 8B THE ENTITY'S BYLAWS ALLOW THE BOARD POWER TO APPOINT A COMMITTEE WITH CORPORATE AUTHORITY. THIS COMMITTEE HAS NOT YET BEEN APPOINTED AS OF THE FISCAL YEAR END. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S CPA FIRM, IS REVIEWED BY MANAGEMENT, AND IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND FEEDBACK. A FINAL COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN A POTENTIAL TRANSACTION OR ARRANGEMENT. DUTY TO DISCLOSE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. 1. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. 2. THE CEO OR COMMITTEE CHAIRPERSON SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. 3. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. 4. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION, AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY. 1. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. 2. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, INCLUDING REMOVAL FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY FOR THE CEO AND ALL KEY PERSONNEL IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE CHARTER SCHOOL GROWTH FUND, AN INDUSTRY LEADER, PUBLISHES AN ANNUAL CHARTER SCHOOL/NETWORK COMPENSATION STUDY WHICH DETAILS NATIONAL AND REGIONAL SALARIES FOR CHARTER SCHOOL AND CHARTER NETWORK LEADERS. THIS IS USED BY THE SCHOOL TO HELP DETERMINE THE SALARY FOR THE CEO AND OTHER KEY PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 INTRINSIC SCHOOLS IS SUBJECT TO THE OPEN MEETINGS ACT AND THE FREEDOM OF INFORMATION ACT. ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST IN ADDITION TO PROVIDING CHICAGO PUBLIC SCHOOLS WITH THESE DOCUMENTS.