CHICAGO CHARTER SCHOOL FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO CHARTER SCHOOL FOUNDATION (EIN 36-4141583)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-12
- IRS object ID
- 202631329349301728
- Schema version
- 2024v5.5
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-12T08:18:56-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 872525370 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 N CITYFRONT PLAZA DR - SUITE | AddressLine1Txt |
| Address Line2 | 1600 | AddressLine2Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364141583 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICAGO CHARTER SCHOOL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIC | BusinessNameControlTxt |
| Phone | 3126515000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 EAST ADAMS 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH DELANEY PURVIS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3126515000 | PhoneNum |
| Signature | 2026-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES G QUAID | PreparerPersonNm |
| PTIN | P00641738 | PTIN |
| Phone | 3126707444 | PhoneNum |
| Preparation | 2026-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICAGO INTERNATIONAL CHARTER SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELIZABETH DELANEY PURVIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 EAST ADAMS 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $142,206,189 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHICAGOINTL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | OUR VIBRANT NETWORK OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 250 | TotalEmployeeCnt |
| Total Volunteers | 108 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $120,916,787 | PYContributionsGrantsAmt |
| CY Contributions Grants | $125,691,888 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,060,969 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,528,143 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,128,240 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,657,669 | CYInvestmentIncomeAmt |
| PY Other Revenue | $455,824 | PYOtherRevenueAmt |
| CY Other Revenue | $121,780 | CYOtherRevenueAmt |
| PY Total Revenue | $129,561,820 | PYTotalRevenueAmt |
| CY Total Revenue | $133,999,480 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,336,014 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $80,701,647 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $84,232,292 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $84,956 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $49,289,215 | PYOtherExpensesAmt |
| CY Other Expenses | $49,389,302 | CYOtherExpensesAmt |
| PY Total Expenses | $129,990,862 | PYTotalExpensesAmt |
| CY Total Expenses | $134,957,608 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$429,042 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$958,128 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $115,856,054 | TotalAssetsBOYAmt |
| Total Assets EOY | $115,097,241 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $63,690,268 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $62,929,568 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $52,165,786 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $52,167,673 | NetAssetsOrFundBalancesEOYAmt |
| Mission | OUR VIBRANT NETWORK OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $107,857,990 | ExpenseAmt |
| Grant | $1,336,014 | GrantAmt |
| Revenue | $6,528,143 | RevenueAmt |
| Desc | PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH THROUGH THE OPERATION OF 13 CAMPUS LOCATIONS SERVING 6,847 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE DURING FY JUNE 30, 2025. CICS' VIBRANT HUB OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION. | Desc |
| Total Program Service Expenses | $107,857,990 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 253 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 250 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3126515000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 EAST ADAMS 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| EVAN SHARP | ||||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAVID CHIZEWER | ||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BRIAN NOVELLINE | ||||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KORRIN ANDERSON | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DORESAH FORD-BEY | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CRAIG HENDERSON | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| VENKAT MADDILA | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID NAPIER | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTINE POINDEXTER-HARRIS | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KATIE REILLY | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MAUREEN RESAC | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CRYSTAL STONEWALL | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER WILSON | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH DELANEY PURVIS | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $118,734 | $0 | $9,314 | |||
| ALLISON HANSEN | ||||||||
| CHIEF OF SCHOOL | 40.00 | Yes (X) | $166,044 | $0 | $14,601 | |||
| PELIN DENIZ | ||||||||
| CHIEF OPERATIONS OFFICER | 40.00 | Yes (X) | $180,216 | $0 | $7,937 | |||
| MEAGHAN JENNINGS | ||||||||
| CHIEF DEVELOPMENT AND MARKETING OFFICER | 40.00 | $151,236 | $0 | $27,031 | Yes (X) | |||
| LUCAS ALLEN MCSHANE | ||||||||
| MANAGING DIRECTOR OF TEACHING/LEARNING | 40.00 | $133,824 | $0 | $25,200 | Yes (X) | |||
| DANIEL CANCEL | ||||||||
| MANAGING DIRECTOR OF FACILITIES | 40.00 | $123,285 | $0 | $19,306 | Yes (X) | |||
| VASILIKI TSIRTSIS | ||||||||
| CEP CHIEF OPERATING OFFICER - TERM | 40.00 | $116,647 | $0 | $9,835 | Yes (X) | |||
| CLAUDIA L BELTRAN | ||||||||
| MANAGING DIRECTOR OF GOVERNANCE | 40.00 | $131,409 | $0 | $19,613 | Yes (X) | |||
| KRIS CHEUNG | ||||||||
| FORMER CEO | 40.00 | $152,909 | $0 | $3,380 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,274,304 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $136,217 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DISTINCTIVE SCHOOLS | |||||
| 910 W VAN BUREN ST 315 | CHICAGO | IL | 60607 | SCHOOL MANAGEMENT | $6,150,253 |
| ORGANICLIFE LLC | |||||
| 435 W ERIE ST 104 | CHICAGO | IL | 60654 | CAMPUS FOOD MANAGEMENT | $3,418,852 |
| MERIDIAN CHARTER SCHOOLS | |||||
| 1006 S MICHIGAN AVE SUITE 301 | CHICAGO | IL | 60605 | SCHOOL MANAGEMENT | $2,432,113 |
| REGENERATION SCHOOLS | |||||
| 1816 W GARFIELD BLVD | CHICAGO | IL | 60609 | SCHOOL MANAGEMENT | $2,403,405 |
| ROSE PAVING LLC | |||||
| 7300 W 100TH PLACE | BRIDGEVIEW | IL | 60455 | SERVICING ASPHALT AND CONCRETE | $964,788 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $123,121,956 | GovernmentGrantsAmt |
| All Other Contributions | $2,569,932 | AllOtherContributionsAmt |
| Noncash Contributions | $396,898 | NoncashContributionsAmt |
| Total Contributions | $125,691,888 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SCHOOL LUNCH PROGRAM | 611600 | $5,775,626 | $5,775,626 |
| STUDENT FEES, BOOKSTORE, EXTENDED | 611600 | $752,517 | $752,517 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,528,143 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,411,881 | TotalRevenueColumnAmt |
| Exclusion | $1,411,881 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,000 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,000 | TotalRevenueColumnAmt |
| Exclusion | $8,000 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,452,497 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,206,709 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $245,788 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $245,788 | TotalRevenueColumnAmt |
| Exclusion | $245,788 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $113,780 | TotalRevenueColumnAmt |
| Exclusion | $113,780 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $113,780 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $133,999,480 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,528,143 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,779,449 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,336,014 | TotalAmt |
| Program Services | $1,336,014 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $679,013 | TotalAmt |
| Program Services | $245,500 | ProgramServicesAmt |
| Management And General | $403,386 | ManagementAndGeneralAmt |
| Fundraising | $30,127 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,004,934 | TotalAmt |
| Program Services | $60,808,585 | ProgramServicesAmt |
| Management And General | $5,154,816 | ManagementAndGeneralAmt |
| Fundraising | $41,533 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,917,621 | TotalAmt |
| Program Services | $7,376,624 | ProgramServicesAmt |
| Management And General | $539,447 | ManagementAndGeneralAmt |
| Fundraising | $1,550 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,206,370 | TotalAmt |
| Program Services | $6,595,061 | ProgramServicesAmt |
| Management And General | $607,106 | ManagementAndGeneralAmt |
| Fundraising | $4,203 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,424,354 | TotalAmt |
| Program Services | $2,153,295 | ProgramServicesAmt |
| Management And General | $264,976 | ManagementAndGeneralAmt |
| Fundraising | $6,083 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,985,771 | TotalAmt |
| Management And General | $10,985,771 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,573,648 | TotalAmt |
| Program Services | $3,262,374 | ProgramServicesAmt |
| Management And General | $3,311,274 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,098,341 | TotalAmt |
| Program Services | $4,450,486 | ProgramServicesAmt |
| Management And General | $2,646,607 | ManagementAndGeneralAmt |
| Fundraising | $1,248 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,567,757 | TotalAmt |
| Program Services | $6,253,822 | ProgramServicesAmt |
| Management And General | $313,935 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,123,420 | TotalAmt |
| Program Services | $2,117,303 | ProgramServicesAmt |
| Management And General | $6,117 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,830,556 | TotalAmt |
| Program Services | $4,787,395 | ProgramServicesAmt |
| Management And General | $42,949 | ManagementAndGeneralAmt |
| Fundraising | $212 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT PROGRAMS | $8,471,531 | $8,471,531 | |
| CPS ADMIN FEE | $2,738,278 | $2,738,278 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,957,608 | TotalAmt |
| Program Services | $107,857,990 | ProgramServicesAmt |
| Management And General | $27,014,662 | ManagementAndGeneralAmt |
| Fundraising | $84,956 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,723,198 | BOYAmt |
| EOY | $10,762,341 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $6,626,756 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,578,644 | BOYAmt |
| EOY | $4,728,729 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,241,082 | BOYAmt |
| EOY | $1,716,547 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $108,715,028 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $61,411,241 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,251,776 | BOYAmt |
| EOY | $47,303,787 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,303,136 | BOYAmt |
| EOY | $36,620,235 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,758,218 | BOYAmt |
| EOY | $7,338,846 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,856,054 | BOYAmt |
| EOY | $115,097,241 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,208,129 | BOYAmt |
| EOY | $10,470,951 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,217,493 | BOYAmt |
| EOY | $45,162,336 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,264,646 | BOYAmt |
| EOY | $7,296,281 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,690,268 | BOYAmt |
| EOY | $62,929,568 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,093,648 | BOYAmt |
| EOY | $52,137,535 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,138 | BOYAmt |
| EOY | $30,138 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,165,786 | BOYAmt |
| EOY | $52,167,673 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,856,054 | BOYAmt |
| EOY | $115,097,241 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$958,128 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $960,015 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $107,368,944 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $118,583,279 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $115,586,281 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $120,916,787 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $125,691,888 | CurrentTaxYearAmt |
| Total | $588,147,179 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $923,692 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $459,765 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $448,978 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $393,957 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $380,868 | CurrentTaxYearAmt |
| Total | $2,607,260 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $108,292,636 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $119,043,044 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $116,035,259 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $121,310,744 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $126,072,756 | CurrentTaxYearAmt |
| Total | $590,754,439 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $590,754,439 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $518,933 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $455,427 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $670,658 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,081,732 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,419,881 | CurrentTaxYearAmt |
| Total | $4,146,631 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $67,694 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,343 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $109,057 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $385,403 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $113,780 | CurrentTaxYearAmt |
| Total | $712,277 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $595,613,347 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $32,214,009 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99180 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99270 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,928,678 | OtherCostOrOtherBasisAmt |
| Book Value | $1,928,678 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,035,122 | OtherCostOrOtherBasisAmt |
| Depreciation | $37,816,389 | DepreciationAmt |
| Book Value | $41,218,733 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,156,026 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,354,381 | DepreciationAmt |
| Book Value | $1,801,645 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,172,663 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,240,471 | DepreciationAmt |
| Book Value | $1,932,192 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $422,539 | OtherCostOrOtherBasisAmt |
| Book Value | $422,539 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $47,303,787 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEPOSITS | $29,440 |
| FINANCE AND OPERATING LEASE RIGHT-OF-USE ASSETS | $6,572,271 |
| DUE FROM MANAGEMENT COMPANIES | $737,135 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $7,338,846 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING AND FINANCE LEASE LIABILITIES | $7,038,163 |
| DUE TO MANAGEMENT COMPANIES | $258,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,296,281 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $135,410,529 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $960,015 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $451,034 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,411,049 | RevenueNotReportedAmt |
| Revenue Subtotal | $133,999,480 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $133,999,480 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $135,408,642 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $451,034 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $451,034 | ExpensesNotReportedAmt |
| Expenses Subtotal | $134,957,608 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $134,957,608 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MANAGEMENT HAS DETERMINED THAT THE FOUNDATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THROUGH THE SCHOOL MANAGEMENT ORGANIZATIONS AND APPLICATION PROCESS, THE FOUNDATION FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. COPIES OF THE POLICY ARE AVAILABLE UPON REQUEST. |
| SCHEDULE E, PART I, LINE 6 | THE FOUNDATION RECEIVES FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS TO ASSIST IN THE FOUNDATION'S EFFORTS TO PROVIDE A FREE EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERIDIAN CHARTER SCHOOLS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1006 S MICHIGAN AVE SUITE 301 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 842582393 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $1,336,014 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | REPRESENTS THE NET ASSETS OF CEP AT 6/30/24 | NonCashAssistanceDesc |
| Purpose Of Grant | CIVITAS EDUCATION PARTNERS, LLC (CEP) WAS FORMED TO PROVIDE MANAGEMENT SERVICES FOR CIVITAS SCHOOLS, LLC. THE FOUNDATION WAS THE SOLE MANAGER AND SOLE MEMBER OF CIVITAS EDUCATION PARTNERS, LLC. CIVITAS EDUCATION PARTNERS, LLC WAS THE SOLE MEMBER OF CIVITAS SCHOOLS, LLC. THE FOUNDATION WAS THE SOLE MANAGER OF CIVITAS SCHOOLS, LLC. EFFECTIVE JULY 1, 2024, CIVITAS EDUCATION PARTNERS, LLC SPUN OFF INTO A NEW ENTITY, DOING BUSINESS AS MERIDIAN CHARTER SCHOOLS, FOR WHICH THE FOUNDATION IS NO LONGER THE SOLE MANAGER AND SOLE MEMBER. THE FOUNDATION WAS FORMERLY CONSOLIDATED WITH CEP. ON THE DATE OF SPIN-OFF, ALL ASSETS AND LIABILITIES OF CEP WERE TRANSFERRED TO MERIDIAN CHARTER SCHOOLS. NO CONSIDERATION WAS RECEIVED IN EXCHANGE FOR ALL ASSETS AND LIABILITIES OF CEP. A LOSS ON SPIN-OFF OF SUBSIDIARY ENTITY OF $1,336,014 IS RECOGNIZED ON THE AUDITED FINANCIALS STATEMENT OF ACTIVITIES. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CHICAGO CHARTER SCHOOL FOUNDATION (CCSF) IS COMMITTED TO ENSURING THAT ALL GRANT FUNDS, INCLUDING THOSE PROVIDED THROUGH THE SPINOFF TO CIVITAS EDUCATION PARTNERS/MERIDIAN CHARTER SCHOOLS, ARE USED IN FURTHERANCE OF ITS EXEMPT EDUCATIONAL MISSION. CCSF ACTIVELY MONITORS THE EDUCATIONAL PROGRESS AND OUTCOMES OF EACH OF ITS CAMPUSES, INCLUDING THOSE CURRENTLY MANAGED BY MERIDIAN CHARTER SCHOOLS, THROUGH A COMPREHENSIVE OVERSIGHT FRAMEWORK THAT INCLUDES REGULAR BOARD-LEVEL REVIEWS, SITE VISITS, REVIEW OF ACADEMIC PERFORMANCE DATA, STUDENT ACHIEVEMENT METRICS, OPERATIONAL AND FINANCIAL REPORTING, AND ONGOING COMMUNICATION WITH MERIDIAN'S LEADERSHIP TEAM. THROUGH THIS CONTINUOUS OVERSIGHT PROCESS, CCSF ENSURES ACCOUNTABILITY FOR THE USE OF GRANTED FUNDS AND REMAINS DEDICATED TO ADVANCING HIGH-QUALITY EDUCATIONAL OUTCOMES FOR ALL STUDENTS ACROSS ITS NETWORK OF SCHOOLS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PELIN DENIZ | ||||||||||||||
| CHIEF OPERATIONS OFFICER | $180,216 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7,937 | $0 | $188,153 | $0 | $0 | $0 |
| ALLISON HANSEN | ||||||||||||||
| CHIEF OF SCHOOL | $166,044 | $0 | $0 | $0 | $0 | $0 | $6,730 | $0 | $7,871 | $0 | $180,645 | $0 | $0 | $0 |
| MEAGHAN JENNINGS | ||||||||||||||
| CHIEF DEVELOPMENT AND MARKETING OFFI | $151,236 | $0 | $0 | $0 | $0 | $0 | $6,599 | $0 | $20,432 | $0 | $178,267 | $0 | $0 | $0 |
| LUCAS ALLEN MCSHANE | ||||||||||||||
| MANAGING DIRECTOR OF TEACHING/LEARNI | $133,824 | $0 | $0 | $0 | $0 | $0 | $5,514 | $0 | $19,686 | $0 | $159,024 | $0 | $0 | $0 |
| KRIS CHEUNG | ||||||||||||||
| FORMER CEO | $144,448 | $0 | $0 | $0 | $8,461 | $0 | $0 | $0 | $3,380 | $0 | $156,289 | $0 | $0 | $0 |
| CLAUDIA L BELTRAN | ||||||||||||||
| MANAGING DIRECTOR OF GOVERNANCE | $131,409 | $0 | $0 | $0 | $0 | $0 | $5,651 | $0 | $13,962 | $0 | $151,022 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | 452022BR6 | CUSIPNum |
| Bond Issued | 2017-11-30 | BondIssuedDt |
| Issue Price | $54,626,298 | IssuePriceAmt |
| Purpose | IFA SERIES 2017 BOND, SEE PART VI | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $7,870,000 | RetiredAmt |
| Total Proceeds | $55,036,372 | TotalProceedsAmt |
| In Reserve Fund | $3,229,386 | InReserveFundAmt |
| Issuance Costs From Proceeds | $1,030,286 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $11,777,092 | CapitalExpendituresAmt |
| Other Spent Proceeds | $38,999,608 | OtherSpentProceedsAmt |
| Substantial Completion | 2020 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I A(F) | TO REFUND SERIES 2007 BONDS AND TO FINANCE FACILITY IMPROVEMENTS AT THE NORTHTOWN, LONGWOOD, AND BASIL CAMPUSES. |
| SCHEDULE K, PART II, LINE 3 | THE AMOUNT INCLUDES INVESTMENT EARNINGS ON THE PROJECT FUND AND ON THE RESERVE FUND FOR THE PERIOD ENDING 6/30/25. |
| SCHEDULE K, PART II, LINE 4 | AMOUNT SHOWN IS THE AMOUNT ON DEPOSIT ON 6/30/25, WHICH IS DIFFERENT FROM THE AMOUNT INITIALLY DEPOSITED IN THE RESERVE OF $3,180,000. |
| SCHEDULE K, PART II, LINE 11 | THIS AMOUNT WAS USED TO REFUND PRIOR BONDS. |
| SCHEDULE K, PART IV, LINE 2C | ON OR ABOUT NOVEMBER 2022 THERE WAS NO REBATE EXPOSURE AT THAT TIME. |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | FOOD COMMODITIES | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $396,898 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | WHOLESALE VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV LINE 24C - TAX-EXEMPT BONDS: | A TRUSTEE DOES MAINTAIN A DEBT SERVICE RESERVE FUND AND A CAPITALIZED INTEREST FUND FOR TAX-EXMPT BONDS, BUT SINCE THESE FUNDS ARE NOT USED TO DEFEASE ANY TAX-EXEMPT BONDS, THE ORGANIZATION HAS ANSWERED "NO" TO #24C. |
| FORM 990, PART VI, SECTION A, LINE 4 | BYLAWS WERE UPDATED DURING FISCAL YEAR 2025, SEE CHANGES BELOW: ARTICLE V, SECTION 2: THE NUMBER OF DIRECTORS SHALL BE NOT LESS THAN SEVEN (7) OR MORE THAN TWENTY (20). THE BOARD OF DIRECTORS SHALL ALWAYS INCLUDE ONE PARENT OR GUARDIAN OF A STUDENT CURRENTLY ENROLLED AT A CICS CAMPUS. THE NUMBER OF DIRECTORS MAY BE DECREASED TO NOT LESS THAN SEVEN (7) OR INCREASED TO ANY NUMBER NOT TO EXCEED TWENTY (20) BY THE DIRECTORS WITHOUT AMENDMENT OF THESE BYLAWS. ARTICLE V, SECTION 3: 4 REGULAR ANNUAL MEETINGS OF THE BOARD OF DIRECTORS SHALL BE HELD EACH FISCAL YEAR. ARTICLE VI, SECTION 4: THE CHAIR SHALL SERVE AS THE PRINCIPAL GOVERNANCE OFFICE OF THE FOUNDATION, RESPONSIBLE FOR PROVIDING LEADERSHIP TO THE BOARD OF DIRECTORS AND ENSURING THE BOARD FULFILLS ITS RESPONSIBILITIES IN OVERSEEING THE FOUNDATION. THE CHAIR ACTS AS THE PRIMARY LIAISON BETWEEN THE BOARD AND THE CEO. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTEE ASSISTS IN PREPARING AND THEN REVIEWS A DRAFT OF FORM 990 THAT IS INITIALLY PREPARED BY THE FOUNDATION'S CPA FIRM. A FINAL COPY OF FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | PROCEDURES A. PRIOR TO BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A BOARD MEMBER OR KEY EMPLOYEE WHO HAS A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. IF BOARD MEMBERS ARE AWARE THAT STAFF OR OTHER VOLUNTEERS HAVE A CONFLICT OF INTEREST, RELEVANT FACTS SHOULD BE DISCLOSED BY THE BOARD MEMBER OR BY THE INTERESTED PERSON IF INVITED TO THE BOARD MEETING AS A GUEST FOR PURPOSES OF DISCLOSURE. B. IN THE EVENT THAT ANY BOARD MEMBER OR KEY EMPLOYEE FAILS TO DISCLOSE RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT COULD BE, CONTRIBUTE TO OR BE PERCEIVED AS A CONFLICT OF INTEREST, AND SUCH POTENTIAL CONFLICT OF INTEREST IS OTHERWISE BROUGHT TO THE ATTENTION OF ANY BOARD MEMBER, IT MUST PROMPTLY BE DISCLOSED TO THE BOARD PRESIDENT. UPON INVESTIGATION AND REVIEW OF THE POTENTIAL CONFLICT OF INTEREST, THE BOARD PRESIDENT AND ANY DESIGNATED COMMITTEE WILL DETERMINE IF THE POTENTIAL CONFLICT NEEDS TO BE ADDRESSED AND BRING SUCH ISSUES TO THE BOARD IF REQUIRED. THE BOARD WILL THEN DETERMINE IF ACTION NEEDS TO BE TAKEN BASED ON THE NATURE OF THE CONFLICT DISCOVERED. C. A BOARD MEMBER OR KEY EMPLOYEE WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. D. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. E. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. F. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. G. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON ANY RELATED CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN SUCH VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FOR PURPOSES OF THIS PARAGRAPH, A MEMBER OF THE BOARD OF CHICAGO INTERNATIONAL CHARTER SCHOOL HAS A CONFLICT OF INTEREST WHEN HE OR SHE STANDS FOR ELECTION AS AN OFFICER OR FOR RE-ELECTION AS A MEMBER OF THE BOARD OF DIRECTORS. H. IN CONNECTION WITH A CONTRACT OR TRANSACTION IN WHICH A BOARD MEMBER OR KEY EMPLOYEE HAS A CONFLICT OF INTEREST, SUCH INTERESTED PERSONS SHALL NOT (A) NEGOTIATE, PREPARE, AUTHORIZE OR APPROVE THE CONTRACT OR TRANSACTION; (B) AUTHORIZE OR APPROVE PAYMENT UNDER THE CONTRACT OR TRANSACTION; (C) AUDIT BILLS OR CLAIMS UNDER THE CONTRACT OR TRANSACTION OR (D) APPOINT A BOARD MEMBER OR KEY EMPLOYEE WHO HAS ANY OF THE POWERS OR DUTIES SET FORTH ABOVE. I. INTERESTED PERSONS WHO ARE NOT MEMBERS OF THE BOARD OF CHICAGO INTERNATIONAL CHARTER SCHOOL, OR WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT IS NOT THE SUBJECT OF BOARD ACTION, SHALL DISCLOSE TO THEIR SUPERVISOR, OR THE CHAIR, OR THE CHAIR'S DESIGNEE, ANY CONFLICT OF INTEREST THAT SUCH INTERESTED PERSON HAS WITH RESPECT TO A CONTRACT OR TRANSACTION. SUCH DISCLOSURE SHALL BE MADE AS SOON AS THE CONFLICT OF INTEREST IS KNOWN TO THE INTERESTED PERSON. THE INTERESTED PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT CHICAGO INTERNATIONAL CHARTER SCHOOL'S PARTICIPATION IN SUCH CONTRACT OR TRANSACTION. J. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH THE POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO THE BOARD PRESIDENT, WHO SHALL DETERMINE WHETHER FULL BOARD DISCUSSION IS WARRANTED OR WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY. THE BOARD PRESIDENT SHALL DISCLOSE ANY SUCH CONFLICTS TO THE BOARD SECRETARY. CONFIDENTIALITY EACH BOARD MEMBER AND KEY EMPLOYEE SHALL EXERCISE CARE NOT TO DISCLOSE CONFIDENTIAL INFORMATION ACQUIRED IN CONNECTION WITH DISCLOSURES OF CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS, WHICH MIGHT BE ADVERSE TO THE INTERESTS OF CHICAGO INTERNATIONAL CHARTER SCHOOL. FURTHERMORE, BOARD MEMBERS AND KEY EMPLOYEES SHALL NOT DISCLOSE OR USE INFORMATION RELATING TO THE BUSINESS OF CHICAGO INTERNATIONAL CHARTER SCHOOL FOR THEIR PERSONAL PROFIT OR ADVANTAGE OR THE PERSONAL PROFIT OR ADVANTAGE OF THEIR FAMILY MEMBER(S). REVIEW OF POLICY A. ANNUALLY, EACH BOARD MEMBER AND KEY EMPLOYEE SHALL COMPLETE A DISCLOSURE IN A FORM (TO BE PROVIDED BY CPS ANNUALLY) AND TO BE APPROVED BY THE BOARD IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT COULD BE, CONTRIBUTE TO OR BE PERCEIVED AS A CONFLICT OF INTEREST. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO ANOTHER NONPROFIT ORGANIZATION, OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO CHICAGO INTERNATIONAL CHARTER SCHOOL, OR A FINANCIAL INTEREST IN ANY DECISION TO BE CONSIDERED BY THE BOARD. ANY SUCH INFORMATION REGARDING THE BUSINESS INTERESTS OF A BOARD MEMBER OR KEY EMPLOYEES, OR A FAMILY MEMBER THEREOF, SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CEO AND BOARD PRESIDENT, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. IT WILL BE THE RESPONSIBILITY OF THE BOARD MEMBER AND KEY EMPLOYEE TO INFORM THE CHICAGO INTERNATIONAL CHARTER SCHOOL CEO AND BOARD PRESIDENT OF ANY CONFLICT OF INTEREST CHANGES DURING HIS OR HER TERM OF ASSOCIATION WITH CHICAGO INTERNATIONAL CHARTER SCHOOL. B. THE BOARD PRESIDENT AND DESIGNATED COMMITTEE WILL REVIEW THESE DISCLOSURE FORMS ANNUALLY. UPON REVIEW, THE BOARD PRESIDENT AND ANY DESIGNATED COMMITTEE WILL DETERMINE IF THE LISTED CONFLICTS NEED TO BE ADDRESSED AND BRING THESE ISSUES TO THE BOARD IF REQUIRED. THE BOARD WILL THEN DETERMINE IF ACTION NEEDS TO BE TAKEN BASED ON THE NATURE OF THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15A | A COMPENSATION COMMITTEE, INCLUDING THE BOARD TREASURER AND OTHER DESIGNATED BOARD MEMBERS, REVIEW THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. IN ADDITION, THE FINANCE COMMITTEE REVIEWS THE COMPENSATION OF ALL EMPLOYEES AS PART OF THE ANNUAL BUDGET REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION PROVIDES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL AUDITED FINANCIAL STATEMENTS UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICAGO INTERNATIONAL CHARTER SCHOOL BACK-OFFICE SERVICES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 E ADAMS SUITE 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 825440045 | EIN |
| Primary Activities | ADMINISTRATIVE SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICAGO CHARTER SCHOOL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of EOY Assets | $8,170 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |