2026-05-12T08:18:56-05:00 2025-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 455 N CITYFRONT PLAZA DR - SUITE 1600 CHICAGO IL 60611 990 2024-07-01 364141583 CHICAGO CHARTER SCHOOL FOUNDATION CHIC 3126515000 11 EAST ADAMS 600 CHICAGO IL 60603 ELIZABETH DELANEY PURVIS EXECUTIVE DIRECTOR 3126515000 2026-05-11 1 1 JAMES G QUAID P00641738 3126707444 2026-05-11 2024 2025-03-06 01:10:19Z CHICAGO INTERNATIONAL CHARTER SCHOOL ELIZABETH DELANEY PURVIS 11 EAST ADAMS 600 CHICAGO IL 60603 142206189 0 X WWW.CHICAGOINTL.ORG X 1997 IL 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. 13 13 250 108 0 0 120916787 125691888 7060969 6528143 1128240 1657669 455824 121780 129561820 133999480 0 1336014 0 0 80701647 84232292 0 0 84956 49289215 49389302 129990862 134957608 -429042 -958128 115856054 115097241 63690268 62929568 52165786 52167673 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. 0 0 107857990 1336014 6528143 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. 107857990 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 253 0 1 250 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 3126515000 11 EAST ADAMS 600 CHICAGO IL 60603 EVAN SHARP CHAIR 2.00 X X 0 0 0 DAVID CHIZEWER SECRETARY 2.00 X X 0 0 0 BRIAN NOVELLINE TREASURER 2.00 X X 0 0 0 KORRIN ANDERSON DIRECTOR 2.00 X 0 0 0 DORESAH FORD-BEY DIRECTOR 2.00 X 0 0 0 CRAIG HENDERSON DIRECTOR 2.00 X 0 0 0 VENKAT MADDILA DIRECTOR 2.00 X 0 0 0 DAVID NAPIER DIRECTOR 2.00 X 0 0 0 CHRISTINE POINDEXTER-HARRIS DIRECTOR 2.00 X 0 0 0 KATIE REILLY DIRECTOR 2.00 X 0 0 0 MAUREEN RESAC DIRECTOR 2.00 X 0 0 0 CRYSTAL STONEWALL DIRECTOR 2.00 X 0 0 0 JENNIFER WILSON DIRECTOR 2.00 X 0 0 0 ELIZABETH DELANEY PURVIS CHIEF EXECUTIVE OFFICER 40.00 X 118734 0 9314 ALLISON HANSEN CHIEF OF SCHOOL 40.00 X 166044 0 14601 PELIN DENIZ CHIEF OPERATIONS OFFICER 40.00 X 180216 0 7937 MEAGHAN JENNINGS CHIEF DEVELOPMENT AND MARKETING OFFICER 40.00 X 151236 0 27031 LUCAS ALLEN MCSHANE MANAGING DIRECTOR OF TEACHING/LEARNING 40.00 X 133824 0 25200 DANIEL CANCEL MANAGING DIRECTOR OF FACILITIES 40.00 X 123285 0 19306 VASILIKI TSIRTSIS CEP CHIEF OPERATING OFFICER - TERM 40.00 X 116647 0 9835 CLAUDIA L BELTRAN MANAGING DIRECTOR OF GOVERNANCE 40.00 X 131409 0 19613 KRIS CHEUNG FORMER CEO 40.00 X 152909 0 3380 1274304 0 136217 12 1 1 0 DISTINCTIVE SCHOOLS 910 W VAN BUREN ST 315 CHICAGO IL 60607 SCHOOL MANAGEMENT 6150253 ORGANICLIFE LLC 435 W ERIE ST 104 CHICAGO IL 60654 CAMPUS FOOD MANAGEMENT 3418852 MERIDIAN CHARTER SCHOOLS 1006 S MICHIGAN AVE SUITE 301 CHICAGO IL 60605 SCHOOL MANAGEMENT 2432113 REGENERATION SCHOOLS 1816 W GARFIELD BLVD CHICAGO IL 60609 SCHOOL MANAGEMENT 2403405 ROSE PAVING LLC 7300 W 100TH PLACE BRIDGEVIEW IL 60455 SERVICING ASPHALT AND CONCRETE 964788 19 123121956 2569932 396898 125691888 SCHOOL LUNCH PROGRAM 611600 5775626 5775626 STUDENT FEES, BOOKSTORE, EXTENDED 611600 752517 752517 6528143 1411881 1411881 8000 0 8000 8000 8000 8452497 8206709 245788 245788 245788 113780 113780 113780 133999480 6528143 0 1779449 1336014 1336014 679013 245500 403386 30127 66004934 60808585 5154816 41533 7917621 7376624 539447 1550 7206370 6595061 607106 4203 2424354 2153295 264976 6083 10985771 10985771 6573648 3262374 3311274 7098341 4450486 2646607 1248 6567757 6253822 313935 2123420 2117303 6117 4830556 4787395 42949 212 STUDENT PROGRAMS 8471531 8471531 CPS ADMIN FEE 2738278 2738278 134957608 107857990 27014662 84956 31723198 10762341 6626756 3578644 4728729 1241082 1716547 108715028 61411241 48251776 47303787 18303136 36620235 12758218 7338846 115856054 115097241 8208129 10470951 46217493 45162336 9264646 7296281 63690268 62929568 X 52093648 52137535 72138 30138 52165786 52167673 115856054 115097241 -958128 960015 0 X 0 1 X 1 1 1 X 107368944 118583279 115586281 120916787 125691888 588147179 923692 459765 448978 393957 380868 2607260 108292636 119043044 116035259 121310744 126072756 590754439 590754439 518933 455427 670658 1081732 1419881 4146631 67694 36343 109057 385403 113780 712277 595613347 32214009 0.99180 0.99270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1928678 1928678 79035122 37816389 41218733 20156026 18354381 1801645 7172663 5240471 1932192 422539 422539 47303787 DEPOSITS 29440 FINANCE AND OPERATING LEASE RIGHT-OF-USE ASSETS 6572271 DUE FROM MANAGEMENT COMPANIES 737135 7338846 OPERATING AND FINANCE LEASE LIABILITIES 7038163 DUE TO MANAGEMENT COMPANIES 258118 7296281 X 135410529 960015 451034 1411049 133999480 0 133999480 135408642 451034 451034 134957608 0 134957608 PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THE FOUNDATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. 1 MERIDIAN CHARTER SCHOOLS 1006 S MICHIGAN AVE SUITE 301 CHICAGO IL 60605 842582393 501(C)(3) 0 1336014 FMV REPRESENTS THE NET ASSETS OF CEP AT 6/30/24 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. 1 PART I, LINE 2: 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. X X 0 0 0 0 0 0 0 0 0 PELIN DENIZ CHIEF OPERATIONS OFFICER 180216 0 0 0 0 0 0 0 7937 0 188153 0 0 0 ALLISON HANSEN CHIEF OF SCHOOL 166044 0 0 0 0 0 6730 0 7871 0 180645 0 0 0 MEAGHAN JENNINGS CHIEF DEVELOPMENT AND MARKETING OFFI 151236 0 0 0 0 0 6599 0 20432 0 178267 0 0 0 LUCAS ALLEN MCSHANE MANAGING DIRECTOR OF TEACHING/LEARNI 133824 0 0 0 0 0 5514 0 19686 0 159024 0 0 0 KRIS CHEUNG FORMER CEO 144448 0 0 0 8461 0 0 0 3380 0 156289 0 0 0 CLAUDIA L BELTRAN MANAGING DIRECTOR OF GOVERNANCE 131409 0 0 0 0 0 5651 0 13962 0 151022 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 452022BR6 2017-11-30 54626298 IFA SERIES 2017 BOND, SEE PART VI 0 0 0 A 7870000 55036372 3229386 1030286 11777092 38999608 2020 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 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. X FOOD COMMODITIES 1 396898 WHOLESALE VALUE 0 0 0 0 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. 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