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ObjectId: 202241239349301019 - Submission: 2022-05-03
TIN: 36-1711590
Form
990
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
20
Open to Public Inspection
A
For the 2020 calendar year, or tax year beginning
07-01-2020
, and ending
06-30-2021
B
Check if applicable:
Address change
Name change
Initial return
Final return/terminated
Amended return
Application pending
C
Name of organization
ROYCEMORE SCHOOL
Doing business as
Number and street (or P.O. box if mail is not delivered to street address)
1200 DAVIS STREET
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
EVANSTON
,
IL
60201
D Employer identification number
36-1711590
E Telephone number
(847) 866-6055
G
Gross receipts $
7,964,386
F
Name and address of principal officer:
ADRIANNE FINLEY ODELL
1200 DAVIS STREET
EVANSTON
,
IL
60201
I
Tax-exempt status:
501(c)(3)
501(c)
(
)
(insert no.)
4947(a)(1)
or
527
J
Website:
WWW.ROYCEMORE.ORG
H(a)
Is this a group return for
subordinates?
Yes
No
H(b)
Are all subordinates
included?
Yes
No
If "No," attach a list. (see instructions)
H(c)
Group exemption number
K
Form of organization:
Corporation
Trust
Association
Other
L
Year of formation:
1915
M
State of legal domicile:
IL
Part I
Summary
1
Briefly describe the organization’s mission or most significant activities:
ROYCEMORE: OUR DIVERSE AND INTIMATE COMMUNITY, ROOTED IN ACADEMIC EXCELLENCE, INSPIRES STUDENTS TO DISCOVER THEIR PASSIONS, THINK WITHOUT LIMITS, FIND THEIR VOICE, AND LIVE COURAGEOUSLY.
2
Check this box
3
Number of voting members of the governing body (
Part VI
, line 1a)
........
3
16
4
Number of independent voting members of the governing body (
Part VI
, line 1b)
.....
4
16
5
Total number of individuals employed in calendar year 2020 (
Part V
, line 2a)
......
5
84
6
Total number of volunteers (estimate if necessary)
.............
6
75
7a
Total unrelated business revenue from
Part VIII
, column (C), line 12
........
7a
0
b
Net unrelated business taxable income from Form 990-T, line 39
.........
7b
0
Prior Year
Current Year
8
Contributions and grants (
Part VIII
, line 1h)
.........
734,412
2,203,474
9
Program service revenue (
Part VIII
, line 2g)
.........
5,580,606
5,644,588
10
Investment income (
Part VIII
, column (A), lines 3, 4, and 7d )
....
2
14
11
Other revenue (
Part VIII
, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)
190,166
112,263
12
Total revenue—add lines 8 through 11 (must equal
Part VIII
, column (A), line 12)
6,505,186
7,960,339
13
Grants and similar amounts paid (
Part IX
, column (A), lines 1–3 )
...
1,364,564
1,236,623
14
Benefits paid to or for members (
Part IX
, column (A), line 4)
.....
0
0
15
Salaries, other compensation, employee benefits (
Part IX
, column (A), lines 5–10)
3,244,066
3,362,773
16a
Professional fundraising fees (
Part IX
, column (A), line 11e)
.....
0
0
b
Total fundraising expenses (
Part IX
, column (D), line 25)
120,983
17
Other expenses (
Part IX
, column (A), lines 11a–11d, 11f–24e)
....
1,841,352
1,654,168
18
Total expenses. Add lines 13–17 (must equal
Part IX
, column (A), line 25)
6,449,982
6,253,564
19
Revenue less expenses. Subtract line 18 from line 12
.......
55,204
1,706,775
Beginning of Current Year
End of Year
20
Total assets (
Part X
, line 16)
.............
12,602,496
12,981,481
21
Total liabilities (
Part X
, line 26)
.............
11,818,453
10,484,220
22
Net assets or fund balances. Subtract line 21 from line 20
.....
784,043
2,497,261
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
2022-04-08
Signature of officer
Date
ADRIANNE FINLEY ODELL
HEAD OF SCHOOL
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
2022-04-08
Check
if
self-employed
PTIN
P00161547
Firm's name
MUELLER & CO LLP
Firm's EIN
36-2658780
Firm's address
1707 N RANDALL ROAD
ELGIN
,
IL
60123
Phone no.
(847) 888-8600
May the IRS discuss this return with the preparer shown above? (see instructions)
..........
Yes
No
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form
990
(2020)
Page 2
Form 990 (2020)
Page
2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this
Part III
..............
1
Briefly describe the organization’s mission:
ROYCEMORE: OUR DIVERSE AND INTIMATE COMMUNITY, ROOTED IN ACADEMIC EXCELLENCE, INSPIRES STUDENTS TO DISCOVER THEIR PASSIONS, THINK WITHOUT LIMITS, FIND THEIR VOICE, AND LIVE COURAGEOUSLY.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ?
.....................
Yes
No
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services?
...........................
Yes
No
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a
(Code:
) (Expenses $
5,676,217
including grants of $
1,236,623
) (Revenue $
5,673,655
)
EARLY CHILDHOOD:OUR EARLY CHILDHOOD PROGRAM IS TAUGHT BY EXPERIENCED CERTIFIED EARLY CHILDHOOD EDUCATION TEACHERS AND IS SUPPORTED BY ASSISTANTS WITH EDUCATION BACKGROUNDS. STUDENTS IN OUR EARLY CHILDHOOD PROGRAM (PRESCHOOL AGES 3-5) EXPERIENCE A TREMENDOUS PERIOD OF INTENSE GROWTH. TEACHERS FORM RELATIONSHIPS WITH EACH INDIVIDUAL CHILD TO PROVIDE AN APPROACH SPECIFIC TO EACH CHILD'S LEARNING STYLE AND NEEDS. EACH CHILD IS CHALLENGED TO STRETCH THEIR UNDERSTANDING IN A DEVELOPMENTALLY APPROPRIATE WAY. PRE-READING AND EARLY MATH SKILLS ARE INTEGRATED DURING BOTH STRUCTURED AND UNSTRUCTURED CLASSROOM ACTIVITIES. GUIDED GROUPS OF FOUR TO SIX CHILDREN WORK ON LANGUAGE ARTS, MATH, JOURNALS, FINE MOTOR/ART AND ARE HETEROGENEOUS SO THE CHILDREN ARE ABLE TO WORK WITH OTHERS AT MIXED LEVELS. CHILDREN ROTATE THROUGH THE GROUPS THROUGHOUT THE WEEK. GUIDED READING GROUPS ARE FORMED AND ASSESSED THROUGHOUT THE YEAR SO THE CHILDREN CAN WORK WITH OTHER CHILDREN AT SIMILAR READING LEVELS. OUR FOCUS ON DIFFERENTIATED INSTRUCTION HELPS TO ENSURE CHILDREN ARE CHALLENGED APPROPRIATELY AND NOT BORED. WHILE CHILDREN THINK THEY ARE SIMPLY PLAYING, SIMULTANEOUSLY OUR INTENTIONAL INSTRUCTION AND PERSONAL APPROACH IS TEACHING THEM ESSENTIAL FOUNDATIONAL SKILLS THROUGH OUR THEME-BASED CURRICULUM. OUR YOUNGEST STUDENTS LEARN TO THINK CRITICALLY, DEVELOP SOCIAL-EMOTIONAL AWARENESS, AND BECOME PART OF THEIR CLASSROOM COMMUNITY. OUR INTERESTING WEEKLY THEMES CONSIDER THE STUDENT'S INTERESTS AND BUILD UPON THOSE FOR RESPONSIVE LEARNING. OUR CENTERS ARE MULTIDISCIPLINARY AND INCORPORATE AND OVERLAP MATH, SCIENCE, LITERACY, SOCIAL STUDIES, FINE AND GROSS MOTOR SKILLS, DRAMA, ART, AND SENSORY EXPERIENCES. OUR CLASSROOMS ARE DIVERSE LEARNING CENTERS REPRESENTING THE STUDENTS AND THE OUTSIDE COMMUNITY THROUGH THE MATERIALS AND ACTIVITIES.STUDENTS WORK COLLABORATIVELY TO COMPLETE PROJECTS AS PART OF A TEAM, BRINGING THE PROJECTS TO LIFE AND ALLOWING THE CHILDREN TO MAKE SENSE OF ALL THEY ARE LEARNING.LOWER SCHOOL:IN LOWER SCHOOL, GRADES 1 THROUGH GRADE 4, THE CORE CURRICULUM IS TAUGHT BY THE CLASSROOM TEACHER. STUDENTS ALSO RECEIVE INSTRUCTION IN WORLD LANGUAGES, ART, MUSIC, PHYSICAL EDUCATION AND LIBRARY SKILLS FROM SPECIALIZED FACULTY. DIFFERENTIATION IS AN IMPORTANT PART OF THE LOWER SCHOOL CURRICULUM. TEACHERS KNOW WHERE EACH LEARNER IS ON A CONTINUUM OF KNOWLEDGE AND SUPPORT THEIR UNIQUE GROWTH THROUGHOUT THE YEAR. IN ADDITION TO SMALL CLASS SIZES, THE SUPPORT OF BOTH A STAFF LEARNING SPECIALIST AND A GIFTED COORDINATOR HELPS TO MEET EACH LEARNER WHERE THEY ARE. OUR 1:1 CHROMEBOOK PROGRAM, BEGINNING IN THE LOWER SCHOOL, SUPPORTS BOTH ACADEMIC AND SOCIAL LEARNING. EACH STUDENT IS GIVEN A CAREFULLY MONITORED CHROMEBOOK, WHICH ALLOWS TEACHERS TO FURTHER DIFFERENTIATE CURRICULUM AND FOSTER COLLABORATION. GIFTED STUDENTS OR STUDENTS WITH LEARNING DIFFERENCES CAN OBTAIN EXTRA HELP THROUGH FEE-BASED LEARNING SUPPORT SERVICES AND FROM OUR GIFTED COORDINATOR, BOTH OF WHICH ALSO PROVIDE ON-SITE COLLABORATION WITH OUR TEACHERS.MIDDLE SCHOOL:GRADES 5 THROUGH 8. FOCUSED ON CRITICAL THINKING AND CREATIVITY, OUR CORE MIDDLE SCHOOL CURRICULUM EMPHASIZES HOW TO STUDY, EXPLORE, RESEARCH AND WRITE WELL. COLLEGE PREP ACADEMICS ARE BALANCED WITH OPPORTUNITIES FOR SOCIAL GROWTH. OUR P3 (PERSONAL PASSION PROJECT) PERIOD PROVIDES AN OPPORTUNITY FOR STUDENTS TO ENGAGE IN PROJECTS DESIGNED BY THEM! TIME IS BUILT INTO THE SCHEDULE FOR STUDENTS TO WORK WITH A TEACHER/ COACH AND AN EXPERT MENTOR ON A TOPIC THAT THEY ARE PASSIONATE ABOUT. AN INDIVIDUALIZED AND DIFFERENTIATED PROGRAM ENSURES THAT STUDENTS ARE ENGAGED WITH THEIR LEARNING, WHETHER THEY NEED ADDITIONAL SUPPORT, ENRICHMENT OR EVEN ACCELERATION. STUDENTS WHO EXCEL AT MATH, SCIENCE AND SOME OTHER SUBJECTS, FOR EXAMPLE, HAVE THE OPPORTUNITY TO PARTICIPATE IN ADVANCED CLASSES WITH OTHER GRADES, WITH SOME STUDENTS TAKING COURSES IN THE UPPER SCHOOL. OUR 1:1 CHROMEBOOK PROGRAM SUPPORTS BOTH ACADEMIC AND SOCIAL LEARNING. EACH STUDENT IS GIVEN A CAREFULLY MONITORED CHROMEBOOK, WHICH ALLOWS TEACHERS TO FURTHER DIFFERENTIATE CURRICULUM AND FOSTER COLLABORATION. OUR GRADE LEVEL HOME ROOM PROGRAM, PROVIDES A FOUNDATION FOR STUDENTS TO BEGIN EACH DAY AND ADDRESSES SOCIAL-EMOTIONAL WELL-BEING, SKILL BUILDING, AND INTELLECTUAL GROWTH. OUR ADVISORY PROGRAM PROVIDES EVERY STUDENT WITH A FACULTY ADVISOR WHO SERVES AS THE PRIMARY POINT OF CONTACT FOR ACADEMIC, SOCIAL AND EMOTIONAL ISSUES. THE HOUSE SYSTEM (THINK HARRY POTTER) GROUPS STUDENTS FOR FUN, SOCIAL COMPETITIONS THROUGHOUT THE YEAR STRIVING TO GAIN POINTS TO RECEIVE THE GRIFFIN CUP! INTERDISCIPLINARY TEACHING TEAMS PROVIDE A STIMULATING AND INTEGRATED COURSE OF STUDY. GIFTED STUDENTS OR STUDENTS WITH LEARNING DIFFERENCES CAN OBTAIN EXTRA HELP THROUGH FEE-BASED LEARNING SUPPORT SERVICES AND FROM OUR GIFTED COORDINATOR, BOTH OF WHICH ALSO PROVIDE ON-SITE COLLABORATION WITH OUR TEACHERS. INTERSCHOLASTIC SPORTS AND DAILY PHYSICAL EDUCATION FOR ADOLESCENT BODIES AND BRAINS THAT NEED EXERCISE TO THRIVE! THE MIDDLE SCHOOL SHIELD PROGRAM HELPS STUDENTS LOOK REGULARLY AND CAREFULLY AT HOW WELL THEY EMBRACE AND EXHIBIT OUR SCHOOL'S CORE VALUES OF SCHOLARSHIP, INTEGRITY, COMMUNITY, RESPECT, AND COMPASSION. FUN SOCIAL OUTINGS TO PLACES LIKE NAVY PIER, SIX FLAGS GREAT AMERICA, MOVIES, SNOW SKIING, OR MILLENNIUM PARK.UPPER SCHOOL GRADES 9 THROUGH 12THE 25 GRADUATES OF THE CLASS OF 2021 INCLUDE: 8 AP SCHOLARS 4 AP SCHOLARS WITH HONORS 2 AP SCHOLARS WITH DISTINCTION 1 ILLINOIS STATE SCHOLAR 12 NATIONAL HONOR SOCIETY MEMBERS 46% OF 4-YEAR COLLEGE ATTENDEES EARNED AT LEAST ONE MERIT SCHOLARSHIPROYCEMORE'S UPPER SCHOOL PROVIDES A RIGOROUS AND COMPREHENSIVE COLLEGE-PREP CURRICULUM ON A PERSONAL SCALE. THE CURRICULUM FOSTERS THE ACQUISITION OF VERBAL, QUANTITATIVE, AND AESTHETIC SKILLS NECESSARY FOR A MEANINGFUL INTELLECTUAL LIFE THROUGH THE READING AND WRITING OF ENGLISH AND WORLD LANGUAGES; THE STUDY OF MATHEMATICS, THE PHYSICAL SCIENCES, AND FINE ARTS; AND THE DEVELOPMENT OF PHYSICAL SKILLS VITAL FOR HEALTH AND RECREATIONS. THE CURRICULUM ENCOURAGES THE CREATIVE EXPLORATION OF CULTURAL IDEAS WITH AN UNDERSTANDING OF THEIR GENESIS AND DEVELOPMENT. THE GOAL OF THE CURRICULUM IS THE EDUCATION OF THE INDIVIDUAL STUDENT IN PREPARATION FOR SUCCESS IN COLLEGE. TO THIS END THE SCHOOL PROMOTES AN ACTIVE ADVISORY PROGRAM TO ENCOURAGE, AID, AND GUIDE THE STUDENT IN RECOGNIZING THE FULFILLING HIS OR HER UNIQUE POTENTIAL. THE PROGRAM ALSO ALIGNS WITH SKILL DEVELOPMENT ARTICULATED THROUGH OUR PORTRAIT OF A GRADUATESUMMER CAMP:SUMMER PROGRAMS ARE OFFERED FOR ALL AGES. A LONG-STANDING TRADITION AT ROYCEMORE, SUMMER CAMP IS LED BY EXPERIENCED AND SMALL 7:1 STAFF IN ALL THE TRADITIONAL DAY CAMP FUN. ACTIVITIES INCLUDE CREATIVE ARTS AND CRAFTS, GYM AND YOGA INSTRUCTION, DRAMA, STORYTELLING, DANCING, MUSIC, GAMES, AND COOKING. FREQUENT FIELD TRIPS RANGE FROM AREA PARKS, MOVIES AND BOWLING, TO WATER SLIDES AND MORE. WHAT'S INCLUDED: DROP-OFF AS EARLY AS 7:30AM PICK-UP AS LATE AS 6:00PM HOT LUNCH AND TWO SNACKS SWIM INSTRUCTION TWICE A WEEK AT EVANSTON YWCA.BEFORE AND AFTER SCHOOL CARE (EDP): ROYCEMORE'S EXTENDED DAY PROGRAM (EDP) IS AVAILABLE FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE 5 FOR AN ADDITIONAL FEE. EDP PROVIDES SOCIALIZATION, OUTDOOR AND INDOOR PHYSICAL ACTIVITIES, ENRICHMENT AND SNACKS. EDP BEGINS AT 7:30A.M. AND CONTINUES FROM AFTER SCHOOL UNTIL 6:00 P.M.
4b
(Code:
) (Expenses $
including grants of $
) (Revenue $
)
4c
(Code:
) (Expenses $
including grants of $
) (Revenue $
)
4d
Other program services (Describe in Schedule O.)
(Expenses $
including grants of $
) (Revenue $
)
4e
Total program service expenses
5,676,217
Form
990
(2020)
Page 3
Form 990 (2020)
Page
3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
If "Yes," complete Schedule A
.....................
1
Yes
2
Is the organization required to complete
Schedule B, Schedule of Contributors
(see instructions)?
...
2
Yes
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?
If "Yes," complete Schedule C,
Part I
.............
3
No
4
Section 501(c)(3) organizations.
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?
If "Yes," complete Schedule C,
Part II
.........
4
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?
If "Yes," complete Schedule C,
Part III
..
5
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?
If "Yes," complete
Schedule D,
Part I
.........................
6
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures?
If "Yes," complete Schedule D,
Part II
....
7
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets?
If "Yes,"
complete Schedule D,
Part III
..............
8
No
9
Did the organization report an amount in
Part X
, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in
Part X
; or provide credit counseling, debt management, credit repair, or debt negotiation services?
If "Yes," complete Schedule D,
Part IV
..............
9
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments?
If "Yes," complete Schedule D,
Part V
......
10
Yes
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in
Part X
, line 10?
If "Yes," complete
Schedule D,
Part VI
.
...................
11a
Yes
b
Did the organization report an amount for investments—other securities in
Part X
, line 12 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part VII
.......
11b
No
c
Did the organization report an amount for investments—program related in
Part X
, line 13 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part VIII
.......
11c
No
d
Did the organization report an amount for other assets in
Part X
, line 15 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part IX
............
11d
No
e
Did the organization report an amount for other liabilities in
Part X
, line 25?
If "Yes," complete Schedule D,
Part X
11e
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)?
If "Yes," complete Schedule D,
Part X
11f
Yes
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete
Schedule D, Parts XI and XII
......................
12a
Yes
b
Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional
12b
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)?
If "Yes," complete Schedule E
13
Yes
14a
Did the organization maintain an office, employees, or agents outside of the United States?
.....
14a
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?
If "Yes," complete Schedule F, Parts I and IV
.........
14b
No
15
Did the organization report on
Part IX
, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization?
If “Yes,” complete Schedule F, Parts II and IV
.....
15
No
16
Did the organization report on
Part IX
, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals?
If “Yes,” complete Schedule F, Parts III and IV
...
16
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on
Part IX
, column (A), lines 6 and 11e?
If "Yes," complete Schedule G,
Part I
(see instructions)
....
17
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on
Part VIII
, lines 1c and 8a?
If "Yes," complete Schedule G,
Part II
............
18
Yes
19
Did the organization report more than $15,000 of gross income from gaming activities on
Part VIII
, line 9a?
If "Yes," complete Schedule G,
Part III
...................
19
No
20a
Did the organization operate one or more hospital facilities?
If "Yes," complete Schedule H
....
20a
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on
Part IX
, column (A), line 1?
If “Yes,” complete Schedule I, Parts I and II
.....
21
No
Form
990
(2020)
Page 4
Form 990 (2020)
Page
4
Part IV
Checklist of Required Schedules
(continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX
, column (A), line 2?
If “Yes,” complete Schedule I, Parts I and III
........
22
Yes
23
Did the organization answer "Yes" to
Part VII
, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees?
If "Yes," complete Schedule J
.......................
23
Yes
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?
If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a
...............
24a
Yes
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
...
24b
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?
...............
24c
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
...
24d
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations.
Did the organization engage in an excess benefit transaction with a disqualified person during the year?
If "Yes," complete Schedule L,
Part I
....
25a
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ?
If "Yes," complete Schedule L,
Part I
.......................
25b
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons?
If "Yes," complete Schedule L,
Part II
...........
26
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L,
Part III
.........................
27
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L,
Part IV
instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor?
If "Yes," complete Schedule L,
Part IV
......................
28a
No
b
A family member of any individual described in line 28a?
If "Yes," complete Schedule L,
Part IV
.....
28b
No
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b?
If "Yes," complete Schedule L,
Part IV
.....................
28c
No
29
Did the organization receive more than $25,000 in non-cash contributions?
If "Yes," complete Schedule M
..
29
Yes
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?
If "Yes," complete Schedule M
.................
30
No
31
Did the organization liquidate, terminate, or dissolve and cease operations?
If "Yes," complete Schedule N,
Part I
31
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?
If "Yes," complete Schedule N,
Part II
........................
32
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?
If "Yes," complete Schedule R,
Part I
............
33
No
34
Was the organization related to any tax-exempt or taxable entity?
If "Yes," complete Schedule R,
Part II
, III, or IV, and
Part V
, line 1
.........................
34
No
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
No
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)?
If "Yes," complete Schedule R,
Part V
, line 2
...
35b
36
Section 501(c)(3) organizations.
Did the organization make any transfers to an exempt non-charitable related organization?
If "Yes," complete Schedule R,
Part V
, line 2
.............
36
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?
If "Yes," complete Schedule R,
Part VI
37
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for
Part VI
, lines 11b and 19?
Note.
All Form 990 filers are required to complete Schedule O.
............
38
Yes
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this
Part V
...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable
..
1a
9
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable
.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?
..................
1c
Yes
Form
990
(2020)
Page 5
Form 990 (2020)
Page
5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
(continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return
..................
2a
84
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note.
If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?
...
3a
No
b
If “Yes,” has it filed a Form 990-T for this year?
If “No” to line 3b, provide an explanation in Schedule O
...
3b
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?
..
4a
No
b
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?
..
5a
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T?
............
5c
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?
...
6a
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?
......................
6b
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?
....................
7a
Yes
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?
.....
7b
Yes
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?
.........................
7c
No
d
If "Yes," indicate the number of Forms 8282 filed during the year
....
7d
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
..
7f
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
......................
7g
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
..........................
7h
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?
........
8
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?
........
9a
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?
...
9b
10
Section 501(c)(7) organizations.
Enter:
a
Initiation fees and capital contributions included on
Part VIII
, line 12
...
10a
b
Gross receipts, included on Form 990,
Part VIII
, line 12, for public use of club facilities
10b
11
Section 501(c)(12) organizations.
Enter:
a
Gross income from members or shareholders
.........
11a
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.)
..........
11b
12a
Section 4947(a)(1) non-exempt charitable trusts.
Is the organization filing Form 990 in lieu of Form 1041?
12a
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
.........
Note.
See the instructions for additional information the organization must report on Schedule O.
13a
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans
....
13b
c
Enter the amount of reserves on hand
............
13c
14a
Did the organization receive any payments for indoor tanning services during the tax year?
.....
14a
No
b
If "Yes," has it filed a Form 720 to report these payments?
If "No," provide an explanation in Schedule O
..
14b
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year?
....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income?
..
If "Yes," complete Form 4720, Schedule O.
16
No
Form
990
(2020)
Page 6
Form 990 (2020)
Page
6
Part VI
Governance, Management, and Disclosure
For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines
8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this
Part VI
..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
16
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
16
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee?
.................
2
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person?
.
3
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
.
4
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets?
.
5
No
6
Did the organization have members or stockholders?
................
6
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body?
....................
7a
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body?
...................
7b
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body?
.......................
8a
Yes
b
Each committee with authority to act on behalf of the governing body?
............
8b
Yes
9
Is there any officer, director, trustee, or key employee listed in
Part VII
, Section A, who cannot be reached at the organization’s mailing address?
If "Yes," provide the names and addresses in Schedule O
.......
9
No
Section B. Policies
(
This Section B requests information about policies not required by the Internal Revenue Code.
)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates?
............
10a
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
............................
11a
Yes
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990.
.....
12a
Did the organization have a written conflict of interest policy?
If "No," go to line 13
.......
12a
Yes
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
..........................
12b
Yes
c
Did the organization regularly and consistently monitor and enforce compliance with the policy?
If "Yes," describe in Schedule O how this was done
...................
12c
Yes
13
Did the organization have a written whistleblower policy?
...............
13
Yes
14
Did the organization have a written document retention and destruction policy?
.........
14
Yes
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official
...........
15a
Yes
b
Other officers or key employees of the organization
................
15b
Yes
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year?
......................
16a
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements?
............
16b
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
IL
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
Own website
Another's website
Upon request
Other (explain in Schedule O)
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
ADRIANNE FINLEY ODELL
1200 DAVIS STREET
EVANSTON
,
IL
60201
(847) 866-6055
Form
990
(2020)
Page 7
Form 990 (2020)
Page
7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this
Part VII
..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
List all of the organization’s
current
officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.
List all of the organization’s
current
key employees, if any. See instructions for definition of "key employee."
List the organization’s five
current
highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.
List all of the organization’s
former
officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.
List all of the organization’s
former directors or trustees
that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
(1)
KATHLEEN SCHEIDT
......................................................................
CHAIR
4.00
.................
X
X
0
0
0
(2)
ANTHONY CHAMBERS
......................................................................
VICE-CHAIR
4.00
.................
X
X
0
0
0
(3)
LIZ ELLRODT
......................................................................
SECRETARY
4.00
.................
X
X
0
0
0
(4)
KEVIN FOOTE
......................................................................
TREASURER
4.00
.................
X
X
0
0
0
(5)
HOLLY CRILLY
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(6)
LORI HURLEY
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(7)
MAIREAD REIDY
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(8)
TIM COSTELLO
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(9)
SEEMA GORLA
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(10)
STEPHEN JACKSON
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(11)
SCOTT KINSLOE
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(12)
MARK LOWRY
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(13)
ALEKSANDRA EGELJA-MARUSZEWSKI
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(14)
DEBORAH PERGAMENT
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(15)
NICOLE WOODARD ILIEV
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(16)
VICTORIA PRIDDY FROMM
......................................................................
TRUSTEE
1.00
.................
X
0
0
0
(17)
ADRIANNE FINLEY ODELL
......................................................................
HEAD OF SCHOOL
50.00
.................
X
233,280
0
11,160
Form
990
(2020)
Page 8
Form 990 (2020)
Page
8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
(continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
(18)
VICKY PICKETT
........................................................................
DIRECTOR OF FINANCE AND OPERATIONS
50.00
.......................
X
84,050
0
4,203
1b
Sub-Total
................
c
Total from continuation sheets to
Part VII
, Section A
....
d
Total (add lines 1b and 1c)
...........
317,330
0
15,363
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization
1
Yes
No
3
Did the organization list any
former
officer, director or trustee, key employee, or highest compensated employee on line 1a?
If "Yes," complete Schedule J for such individual
..............
3
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000?
If "Yes," complete Schedule J for such
individual
...........................
4
Yes
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization?
If "Yes," complete Schedule J for such person
........
5
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization
0
Form
990
(2020)
Page 9
Form 990 (2020)
Page
9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this
Part VIII
.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
1a
Federated campaigns
..
1a
b
Membership dues
..
1b
c
Fundraising events
..
1c
17,439
d
Related organizations
1d
e
Government grants (contributions)
1e
507,370
f
All other contributions, gifts, grants, and similar amounts not included above
1f
1,678,665
g
Noncash contributions included in lines 1a - 1f:$
1g
102,157
h Total.
Add lines 1a-1f
.......
2,203,474
Business Code
2a
TUITION AND FEES
611600
5,481,225
5,481,225
b
SUMMER SCHOOL TUITION
611600
163,363
163,363
c
d
e
f
All other program service revenue.
g
Total.
Add lines 2a–2f
.....
5,644,588
3
Investment income (including dividends, interest, and other
similar amounts)
......
14
14
4
Income from investment of tax-exempt bond proceeds
5
Royalties
...........
(ii) Personal
(i) Real
6a
Gross rents
6a
b
Less: rental expenses
6b
c
Rental income or (loss)
6c
d
Net rental income or (loss)
.......
(ii) Other
(i) Securities
7a
Gross amount from sales of assets other than inventory
7a
b
Less: cost or other basis and sales expenses
7b
c
Gain or (loss)
7c
d
Net gain or (loss)
.........
8a
Gross income from fundraising events (not including $
17,439
of contributions reported on line 1c).
See
Part IV
, line 18
....
8a
87,243
b
Less: direct expenses
...
8b
4,047
c
Net income or (loss) from fundraising events
..
83,196
83,196
9a
Gross income from gaming activities.
See
Part IV
, line 19
...
9a
b
Less: direct expenses
...
9b
c
Net income or (loss) from gaming activities
..
10a
Gross sales of inventory, less
returns and allowances
..
10a
b
Less: cost of goods sold
..
10b
c
Net income or (loss) from sales of inventory
..
Business Code
Miscellaneous Revenue
11a
RECOVERY OF BAD DEBT
900099
24,157
24,157
b
MISCELLANEOUS
611600
4,910
4,910
c
d
All other revenue
....
e
Total.
Add lines 11a–11d
......
29,067
12
Total revenue.
See instructions
.....
7,960,339
5,673,655
0
83,210
Form
990
(2020)
Page 10
Form 990 (2020)
Page
10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this
Part IX
..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of
Part VIII
.
(A)
Total expenses
(B)
Program service
expenses
(C)
Management and
general expenses
(D)
Fundraising
expenses
1
Grants and other assistance to domestic organizations and domestic governments. See
Part IV
, line 21
....
2
Grants and other assistance to domestic individuals. See
Part IV
, line 22
...........
1,236,623
1,236,623
3
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See
Part IV
, lines 15 and 16.
.............
4
Benefits paid to or for members
.......
5
Compensation of current officers, directors, trustees, and key employees
...........
332,693
12,222
242,726
77,745
6
Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
.........
7
Other salaries and wages
........
2,535,412
2,472,184
57,846
5,382
8
Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions)
....
55,384
55,384
9
Other employee benefits
.......
227,430
203,750
18,896
4,784
10
Payroll taxes
...........
211,854
184,545
21,371
5,938
11
Fees for services (non-employees):
a
Management
......
b
Legal
.........
26,287
26,287
c
Accounting
...........
32,214
32,214
d
Lobbying
...........
e
Professional fundraising services.
See
Part IV
, line 17
f
Investment management fees
......
g
Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
34,148
31,554
2,594
12
Advertising and promotion
....
83,310
83,310
13
Office expenses
.......
14
Information technology
......
46,583
43,276
2,795
512
15
Royalties
..
16
Occupancy
...........
268,466
249,404
16,108
2,954
17
Travel
............
18
Payments of travel or entertainment expenses for any federal, state, or local public officials
.
19
Conferences, conventions, and meetings
....
20
Interest
...........
311,380
271,212
31,450
8,718
21
Payments to affiliates
.......
22
Depreciation, depletion, and amortization
..
365,571
318,412
36,923
10,236
23
Insurance
...
24
Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
GENERAL ADMINISTRATION
179,683
209,172
-30,586
1,097
b
STUDENT ACTIVITIES
115,285
115,285
c
LUNCHROOM
100,637
100,637
d
EDUCATIONAL MATERIALS
74,710
74,710
e
All other expenses
15,894
14,537
334
1,023
25
Total functional expenses.
Add lines 1 through 24e
6,253,564
5,676,217
456,364
120,983
26
Joint costs.
Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation.
Check here
if following SOP 98-2 (ASC 958-720).
Form
990
(2020)
Page 11
Form 990 (2020)
Page
11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this
Part IX
..............
(A)
Beginning of year
(B)
End of year
1
Cash–non-interest-bearing
........
954,832
1
1,613,418
2
Savings and temporary cash investments
.........
2
3
Pledges and grants receivable, net
......
0
3
33,000
4
Accounts receivable, net
.............
26,307
4
13,834
5
Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons
.......
5
6
Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B)
...
6
7
Notes and loans receivable, net
...........
7
8
Inventories for sale or use
............
8
9
Prepaid expenses and deferred charges
......
9
10a
Land, buildings, and equipment: cost or other basis. Complete
Part VI
of Schedule D
10a
14,958,528
b
Less: accumulated depreciation
10b
3,725,606
11,598,493
10c
11,232,922
11
Investments—publicly traded securities
.
11
12
Investments—other securities. See
Part IV
, line 11
.....
12
13
Investments—program-related. See
Part IV
, line 11
..
13
14
Intangible assets
...............
14
15
Other assets. See
Part IV
, line 11
...........
22,864
15
88,307
16
Total assets.
Add lines 1 through 15 (must equal line 33)
...
12,602,496
16
12,981,481
17
Accounts payable and accrued expenses
.....
542,517
17
537,649
18
Grants payable
...
18
19
Deferred revenue
.........
1,768,566
19
2,050,815
20
Tax-exempt bond liabilities
.........
0
20
7,895,756
21
Escrow or custodial account liability.
Complete
Part IV
of Schedule D
21
22
Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons
.........
22
23
Secured mortgages and notes payable to unrelated third parties
..
9,000,000
23
0
24
Unsecured notes and loans payable to unrelated third parties
..
24
25
Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24).
Complete
Part X
of Schedule D
507,370
25
0
26
Total liabilities.
Add lines 17 through 25
..
11,818,453
26
10,484,220
Organizations that follow FASB ASC 958,
check here
and complete lines 27, 28, 32, and 33.
27
Net assets without donor restrictions
..........
779,043
27
2,267,261
28
Net assets with donor restrictions
...........
5,000
28
230,000
Organizations that do not follow FASB ASC 958,
check here
and complete lines 29 through 33.
29
Capital stock or trust principal, or current funds
.....
29
30
Paid-in or capital surplus, or land, building or equipment fund
...
30
31
Retained earnings, endowment, accumulated income, or other funds
31
32
Total net assets or fund balances
...........
784,043
32
2,497,261
33
Total liabilities and net assets/fund balances
........
12,602,496
33
12,981,481
Form
990
(2020)
Page 12
Form 990 (2020)
Page
12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this
Part XI
..............
1
Total revenue (must equal
Part VIII
, column (A), line 12)
............
1
7,960,339
2
Total expenses (must equal
Part IX
, column (A), line 25)
............
2
6,253,564
3
Revenue less expenses. Subtract line 2 from line 1
..............
3
1,706,775
4
Net assets or fund balances at beginning of year (must equal
Part X
, line 32, column (A))
..
4
784,043
5
Net unrealized gains (losses) on investments
...............
5
6
Donated services and use of facilities
.................
6
7
Investment expenses
.....................
7
8
Prior period adjustments
.....................
8
9
Other changes in net assets or fund balances (explain in Schedule O)
........
9
6,443
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal
Part X
, line 32, column (B))
10
2,497,261
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this
Part XII
.............
Yes
No
1
Accounting method used to prepare the Form 990:
Cash
Accrual
Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight
of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
No
b
If "Yes," did the organization undergo the required audit or audits?
If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Form
990
(2020)
Form 990 (2020)
Additional Data
Software ID:
Software Version:
Form 990, Special Condition Description:
Special Condition Description