2026-05-14T16:08:03-05:00 2025-06-30 362886485 DUGAN & LOPATKA CPA'S PC 4320 WINFIELD ROAD SUITE 450 WARRENVILLE IL 605554036 990 2024-07-01 361502650 MORGAN PARK ACADEMY MORG 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 KISHORE PALURI BOARD OF TRUSTEES CHAIR 7738816700 2026-05-11 1 0 RON MARKLUND P01985511 6306654440 2026-05-11 2024 2025-03-06 01:10:19Z KISHORE PALURI 2153 WEST 111TH STREET CHICAGO IL 60643 10632371 0 X WWW.MORGANPARKACADEMY.ORG X 1942 IL A PRIVATE INDEPENDENT SCHOOL FOR PRE-SCHOOL - 12TH GRADE 11 11 150 100 0 0 381684 625670 9493340 8937182 51579 233213 88665 95928 10015268 9891993 3631692 3581040 0 0 5457783 5050840 0 0 193418 1737627 1825492 10827102 10457372 -811834 -565379 6687030 5911514 4028045 3990098 2658985 1921416 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 0 0 9044132 3581040 8941456 MORGAN PARK ACADEMY OPERATES A PRIVATE INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH GRADE 12 AND HAS APPROXIMATELY 420 STUDENTS. THE ACADEMY RECEIVES DONATED SERVICES FROM PARENTS OF STUDENTS. THE VALUE OF THESE SERVICES CANNOT BE DETERMINED. 9044132 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 27 0 150 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 X KATRINA MCDERMOTT 7738816700 2153 WEST 111TH STREET CHICAGO IL 60643 KISHORE PALURI BOARD PRESIDENT 4.00 X X 0 0 0 ELGIE SIMS TREASURER 4.00 X X 0 0 0 DRLISA DANIEL-OLIMENE SECRETARY 4.00 X X 0 0 0 MARCUS CRAWFORD BOARD MEMBER 4.00 X 0 0 0 JASON ERVIN BOARD MEMBER 4.00 X 0 0 0 MASHEBA GAILEY-HARRIS BOARD MEMBER 4.00 X 0 0 0 KARIN NORINGTON-REAVES BOARD MEMBER 4.00 X 0 0 0 TRACEY PAYNE BOARD MEMBER 4.00 X 0 0 0 DR LAWRENCE A WHITE BOARD MEMBER 4.00 X 0 0 0 CLAYTON HARRIS III BOARD MEMBER 4.00 X 0 0 0 TINA ISOM BOARD MEMBER 4.00 X 0 0 0 MERCEDES SHEPPARD HEAD OF SCHOOL 50.00 X 225276 0 11533 JULIE CUADROS-PERRY DIRECTOR OF FINANCE 40.00 X 88429 0 8820 LOUIS SAGGIONE DIRECTOR OF BLDGS & GROUNDS 40.00 X 112124 0 8950 425829 0 29303 2 0 1 0 0 71055 59252 495363 176219 625670 TUITION 611600 8696455 8696455 ACTIVITIES & SERVICES 611710 240727 240727 8937182 14115 14115 171058 51781 119277 119277 119277 840439 621341 219098 219098 219098 39633 71055 67256 -27623 -27623 MISCELLANEOUS 900099 4274 4274 4274 9891993 8941456 0 324867 X 3581040 3581040 334058 10496 323332 230 4083321 3540839 464647 77835 29601 23836 5240 525 272440 225287 42202 4951 331420 266886 58667 5867 59301 59301 5990 5990 37555 30242 6648 665 40691 40691 134937 121418 13519 77032 77032 324017 260928 57354 5735 18745 18745 199116 160344 35248 3524 279577 225138 49490 4949 116285 116285 AFTER SCHOOL PROGRAM 76558 76558 SCHOOL DEVELOPMENT 75092 75092 TRAINING 59252 59252 SUMMER SCHOOL 57354 57354 263990 208745 54719 526 10457372 9044132 1219822 193418 197826 140992 223970 246072 38855 0 10924636 5942102 5181170 4982534 949222 526824 95987 15092 6687030 5911514 436057 545747 1010020 741216 2581968 2703135 4028045 3990098 X 1492450 747304 1166535 1174112 2658985 1921416 6687030 5911514 -565379 -172190 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 286463 7577 294040 263953 22510 286463 252919 11034 263953 266530 15575 1964 252919 321000 34204 88674 266530 0.79000 0.21000 0 0 676996 676996 7604239 3719801 3884438 670068 561921 108147 1434597 1136326 298271 538736 524054 14682 4982534 X 6172122 -172190 98601 -73589 6245711 5990 3640292 3646282 9891993 6909691 98601 98601 6811090 5990 3640292 3646282 10457372 PART V, LINE 4: FACULTY ENDOWMENT: ATTRACT AND RETAIN THE BEST TEACHERS; SCHOLARSHIP ENDOWMENT: ENROLL ENGAGED AND DEDICATED STUDENTS; CURRICULUM ENDOWMENT: CONTINUALLY ADVANCE OUR CURRICULUM PART X, LINE 2: THE ACADEMY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE ACADEMY IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2022. THE ACADEMY DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 46,820. RENT OF FACILITY 51,781. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REDUCTION TO QUALIFYING STUDENTS. SEE SCHEDULE I PART IV. 3,581,040. TITLE IIA INDIRECT GRANT 29,193. TITLE IV INDIRECT GRANT 30,059. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 46,820. RENT OF FACILITY 51,781. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REDUCTION TO QUALIFYING STUDENTS. SEE SCHEDULE I PART IV. 3,581,040. TITLE IIA TRAINING EXPENSE 29,193. TITLE IV TRAINING EXPENSE 30,059. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN SCHOOL ADVERTISEMENTS SOLICITING STUDENTS IN SEVERAL DIFFERENT NEWSPAPERS. SCHEDULE E, PART I, LINE 6 THE ACADEMY INDIRECTLY RECEIVES A PROPORTIONATE SHARE ALLOCATION OF CHICAGO PUBLIC SCHOOLS' TITLE IIA AND IV FEDERAL FUNDING IN THE FORM OF PROFESSIONAL DEVELOPMENT, ACADEMIC CONSULTANTS AND MATERIALS/SUPPLIES. GALA 83165 48790 34375 18000 19000 500 11757 GOLF OUTING 27523 22265 5258 2436 15260 303 110688 71055 39633 20436 15260 19000 500 12060 67256 -27623 1 FINANCIAL ASSISTANCE 387 3581040 FMV TUITION REDUCTION PART I, LINE 2: RECIPIENTS OF SCHOLARSHIPS ARE DETERMINED BY THE ACADEMIC QUALIFICATIONS OF INDIVIDUALS APPLYING FOR OR WHO ARE CURRENT STUDENTS OF THE ACADEMY. NO CASH IS AWARDED TO RECIPIENTS; ALL GRANTS AND SCHOLARSHIPS ARE IN THE FORM OF REDUCED TUITION. X 0 1 X X 0 0 0 0 0 0 0 0 0 MERCEDES SHEPPARD HEAD OF SCHOOL 225276 0 0 0 0 0 11264 0 269 0 236809 0 0 0 PART I, LINE 1B HEAD OF SCHOOL RESIDES IN HOUSING ON CAMPUS OWNED BY THE ACADEMY. X 2 158219 X AUCTION ITEMS 35 17000 FMV X RAFFLE ITEMS 13 3436 FMV 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B COPY OF FORM 990 IS MADE AVAILABLE UPON REQUEST. THE CHIEF FINANCIAL OFFICER REVIEWS THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY CALLS FOR OFFICERS TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE HEAD OF SCHOOL'S CONTRACT ANNUALLY AND DETERMINES LENGTH OF CONTRACT AND COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G PAYROLL FEES: PROGRAM SERVICE EXPENSES 30,242. MANAGEMENT AND GENERAL EXPENSES 6,648. FUNDRAISING EXPENSES 665. TOTAL EXPENSES 37,555. FORM 990, PART IX, LINE 24E STUDENT SERVICES: PROGRAM SERVICE EXPENSES 51,557. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,557. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 49,460. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,460. BAD DEBT: PROGRAM SERVICE EXPENSES 46,961. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,961. INSTRUCTIONAL: PROGRAM SERVICE EXPENSES 44,004. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,004. ATHLETIC DEPARTMENT: PROGRAM SERVICE EXPENSES 42,301. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,301. WORKERS COMPENSATION INSURANCE: PROGRAM SERVICE EXPENSES 23,922. MANAGEMENT AND GENERAL EXPENSES 5,259. FUNDRAISING EXPENSES 526. TOTAL EXPENSES 29,707. FORM 990, PART XII, LINE 2C: NO CHANGES WERE MADE IN THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.