Totals
- Total revenue
- $7,143,132
- Total expenses
- $7,016,052
- Contributions and grants received
- $7,037,381
- Grants paid
- $0
- Program service revenue
- $41,509
- Investment income
- $82,886
- Other revenue
- -$18,644
- Total assets, end of year
- $2,473,331
- Total liabilities, end of year
- $198,135
- Net assets or fund balances, end of year
- $2,275,196
- Program services expenses (Part IX)
- $5,656,103
- Management and general expenses
- $1,233,863
- Fundraising expenses
- $126,086
- Program service expenses (Part III)
- $5,656,103
Program services were 80.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$123,710
-
1e · Government grants (contributions)
$6,663,023
-
1f · All other contributions, gifts and grants
$250,648
-
2a · Program service revenue: STUDENT FEES
total $41,509 · related or exempt $41,509
-
3 · Investment income
total $82,886 · excluded $82,886
-
8a · Fundraising events: gross income
$10,901
-
8a · Fundraising events: contributions included on line 1c
$123,710
-
8b · Fundraising events: direct expenses
$30,179
-
8c · Net income from fundraising events
total -$19,278 · excluded -$19,278
-
11a · Other revenue: MISCELLANEOUS
total $634 · excluded $634
-
11e · Other revenue, total
$634
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $306,092 · program services $136,595 · management and general $168,783 · fundraising $714
-
7 · Other salaries and wages
total $3,719,049 · program services $3,203,216 · management and general $499,097 · fundraising $16,736
-
8 · Pension plan contributions
total $264,334 · program services $227,670 · management and general $35,474 · fundraising $1,190
-
9 · Other employee benefits
total $206,236 · program services $177,632 · management and general $27,676 · fundraising $928
-
10 · Payroll taxes
total $181,120 · program services $156,000 · management and general $24,306 · fundraising $814
-
11b · Fees: legal
total $36,379 · program services $21,588 · management and general $13,209 · fundraising $1,582
-
11c · Fees: accounting
total $151,879 · program services $90,125 · management and general $55,147 · fundraising $6,607
-
11g · Fees: other
total $629,474 · program services $461,055 · management and general $134,620 · fundraising $33,799
-
12 · Advertising and promotion
total $77,135 · program services $25,825 · fundraising $51,310
-
13 · Office expenses
total $59,662 · program services $34,540 · management and general $21,919 · fundraising $3,203
-
14 · Information technology
total $56,771 · program services $47,129 · management and general $8,909 · fundraising $733
-
16 · Occupancy
total $603,274 · program services $531,646 · management and general $68,851 · fundraising $2,777
-
17 · Travel
total $26,154 · program services $18,444 · management and general $5,382 · fundraising $2,328
-
19 · Conferences, conventions and meetings
total $30,732 · program services $21,672 · management and general $6,325 · fundraising $2,735
-
20 · Interest
total $538 · program services $311 · management and general $198 · fundraising $29
-
22 · Depreciation, depletion and amortization
total $64,843 · program services $57,925 · management and general $6,727 · fundraising $191
-
23 · Insurance
total $56,626 · program services $50,397 · management and general $5,946 · fundraising $283
-
24a · Other expenses: DIRECT STUDENT COSTS
total $373,261 · program services $373,261
-
24b · Other expenses: CPS ADMINISTRATIVE FEE
total $147,920 · management and general $147,920
-
24c · Other expenses: PROFESSIONAL DEVELOPMEN
total $24,246 · program services $20,883 · management and general $3,254 · fundraising $109
-
24d · Other expenses: OTHER PERSONNEL COSTS
total $327 · program services $189 · management and general $120 · fundraising $18
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,117,824 · end of year $2,066,771
-
3 · Pledges and grants receivable
beginning of year $76,966 · end of year $145,595
-
9 · Prepaid expenses and deferred charges
beginning of year $203,666 · end of year $120,785
-
10a · Land, buildings and equipment: cost or other basis
$917,237
-
10b · Land, buildings and equipment: accumulated depreciation
$824,943
-
10c · Land, buildings and equipment, net
beginning of year $136,115 · end of year $92,294
-
15 · Other assets
beginning of year $68,908 · end of year $47,886
-
17 · Accounts payable and accrued expenses
beginning of year $386,455 · end of year $150,249
-
25 · Other liabilities
beginning of year $68,908 · end of year $47,886
-
27 · Net assets without donor restrictions
beginning of year $2,148,116 · end of year $2,175,196
-
28 · Net assets with donor restrictions
end of year $100,000
Mission and programs · 2023
Mission
EDUCATE EMPOWER AND CONNECT A DIVERSE, NEXT GENERATION OF ENTREPRENEURIAL THINKERS TO DISCOVER THEIR PASSIONS, SUCCEED IN COLLEGE AND CAREERS, AND THRIVE IN A DIGITAL WORLD.
Activities or mission (Part I)
EDUCATE, EMPOWER AND CONNECT A DIVERSE, NEXT GENERATION OF ENTREPRENEURIAL THINKERS TO DISCOVER THEIR PASSIONS, SUCCEED IN COLLEGE AND CAREERS, AND THRIVE IN A DIGITAL WORLD.
-
WE BELIEVE IN (1) PROJECT BASED LEARNING TO ENCOURAGE A DEEPER, CONNECTED FORM OF EVIDENCE BASED EDUCATION. (2) AN INTEGRATED COLLEGE PREPARATORY CURRICULUM THAT FOSTERS CRITICAL THINKING AND INTELLECTUAL CURIOSITY. (3) CREATING AND SUSTAINING A COLLABORATIVE TEACHING AND LEARNING ENVIRONMENT THAT EXPLORES AND REFINES THE WAYS STUDENTS LEARN BEST. (4) HELPING STUDENTS TO BECOME LEADERS AND LIFE-LONG LEARNERS, THROUGH PARTNERSHIPS WITH THE CHICAGO TECH COMMUNITY. (5) ENCOURAGING STUDENTS TO DEVELOP MEANINGFUL RELATIONSHIPS WITH PEERS, FACULTY AND THE BUSINESS COMMUNITY THROUGH NETWORKING AND INTERNSHIP OPPORTUNITIES. (6) GRADUATING ENTREPRENEURIAL-MINDED, FEARLESS, CONFIDENT AND CONNECTED LEARNERS WHO TAKE RESPONSIBILITY FOR THEIR LIVES AND GIVE BACK TO THE COMMUNITY. WE REMAIN THE ONLY WALL-TO-WALL PROJECT-BASED LEARNING HIGH SCHOOL IN CHICAGO PUBLIC SCHOOLS, EMPHASIZING THE DEVELOPMENT OF CRITICAL THINKING, CREATIVITY, COMMUNICATION AND COLLABORATION SKILLS TO PREPARE OUR STUDENTS FOR THE DIGITAL JOBS OF THE FUTURE.
Expenses $5,656,103 · Revenue $41,509
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Terry HowertonTERRY HOWERTON
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Todd BabbitzTODD BABBITZ
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Colleen EganCOLLEEN EGAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tim HandorfTIM HANDORF
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Martin KellyMARTIN KELLY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Gautam KumarGAUTAM KUMAR
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Megan McCannMEGAN MCCANN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brenda WilkersonBRENDA WILKERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Alexander 'Sandy' LourieALEXANDER 'SANDY' LOURIE
SECRETARY - TERM
- Total calculated
- $0
- Hours/week
- 2
-
Matt MoellerMATT MOELLER
EXECUTIVE DIRECTOR
- Total calculated
- $166,500
- From this org
- $166,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,500
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $166,500
-
Christina LainoCHRISTINA LAINO
SCHOOL DIRECTOR - TERM
- Total calculated
- $80,004
- From this org
- $80,004
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Demarco HughesDEMARCO HUGHES
DEP DIRECTOR, CULTURE & CLIMATE
- Total calculated
- $128,809
- From this org
- $113,564
- From related orgs
- $0
- Other
- $15,245
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541349349311619
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