Totals
- Total revenue
- $9,295,928
- Total expenses
- $7,582,108
- Contributions and grants received
- $5,417,481
- Grants paid
- $8,000
- Program service revenue
- $1,560,673
- Investment income
- $1,534,186
- Other revenue
- $783,588
- Total assets, end of year
- $40,917,016
- Total liabilities, end of year
- $4,295,761
- Net assets or fund balances, end of year
- $36,621,255
- Program services expenses (Part IX)
- $5,785,130
- Management and general expenses
- $1,157,094
- Fundraising expenses
- $639,884
- Program service expenses (Part III)
- $5,785,130
Program services were 76.3% 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
$67,325
-
1f · All other contributions, gifts and grants
$5,350,156
-
1g · Noncash contributions included above
$252,508
-
2a · Program service revenue: STUDENT TUITION AND FEES
total $1,560,673 · related or exempt $1,560,673
-
3 · Investment income
total $663,888 · excluded $663,888
-
6a · Gross rents
real property $835,462
-
6b · Less rental expenses
real property $108,220
-
6c · Rental income or loss
real property $727,242
-
6d · Net rental income or loss
total $727,242 · excluded $727,242
-
7a · Gross sales of assets other than inventory
securities $7,618,089
-
7b · Less cost or other basis and sales expenses
securities $6,747,791
-
7c · Gain or loss
securities $870,298
-
7d · Net gain or loss
total $870,298 · excluded $870,298
-
8a · Fundraising events: gross income
$52,500
-
8a · Fundraising events: contributions included on line 1c
$67,325
-
8b · Fundraising events: direct expenses
$41,326
-
8c · Net income from fundraising events
total $11,174 · excluded $11,174
-
11a · Other revenue: INSURANCE PROCEEDS
total $37,093 · excluded $37,093
-
11b · Other revenue: TAX REFUND
total $7,913 · excluded $7,913
-
11d · All other revenue
total $166 · excluded $166
-
11e · Other revenue, total
$45,172
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $8,000 · program services $8,000
-
5 · Compensation of officers, directors and key employees
total $349,415 · program services $116,036 · management and general $156,890 · fundraising $76,489
-
7 · Other salaries and wages
total $3,180,281 · program services $2,401,223 · management and general $460,126 · fundraising $318,932
-
8 · Pension plan contributions
total $46,722 · program services $38,575 · management and general $3,635 · fundraising $4,512
-
9 · Other employee benefits
total $266,368 · program services $192,216 · management and general $45,669 · fundraising $28,483
-
10 · Payroll taxes
total $279,456 · program services $199,844 · management and general $48,456 · fundraising $31,156
-
11b · Fees: legal
total $1,548 · management and general $1,548
-
11c · Fees: accounting
total $68,415 · management and general $68,415
-
11f · Fees: investment management
total $85,972 · management and general $85,972
-
11g · Fees: other
total $42,033 · program services $8,650 · management and general $32,048 · fundraising $1,335
-
12 · Advertising and promotion
total $80,585 · program services $22,995 · fundraising $57,590
-
13 · Office expenses
total $150,113 · program services $68,012 · management and general $45,153 · fundraising $36,948
-
14 · Information technology
total $60,423 · program services $30,718 · management and general $21,288 · fundraising $8,417
-
16 · Occupancy
total $310,726 · program services $310,150 · management and general $576
-
17 · Travel
total $58,686 · program services $51,993 · management and general $3,665 · fundraising $3,028
-
19 · Conferences, conventions and meetings
total $7,081 · fundraising $7,081
-
20 · Interest
total $131,498 · program services $131,498
-
22 · Depreciation, depletion and amortization
total $769,022 · program services $692,120 · management and general $76,902
-
23 · Insurance
total $106,751 · management and general $106,751
-
24a · Other expenses: DIRECT STUDENT EXPENSES
total $1,037,508 · program services $1,037,508
-
24b · Other expenses: QUEST OPERATING
total $475,237 · program services $475,237
-
24c · Other expenses: FUNDRAISING EXPENSES
total $65,913 · fundraising $65,913
-
24e · All other expenses
total $355 · program services $355
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,439,023 · end of year $1,752,321
-
2 · Savings and temporary cash investments
end of year $855,563
-
3 · Pledges and grants receivable
beginning of year $1,485,166 · end of year $2,167,640
-
4 · Accounts receivable
beginning of year $245,797 · end of year $344,782
-
7 · Other notes and loans receivable
beginning of year $244,000
-
9 · Prepaid expenses and deferred charges
beginning of year $4,287 · end of year $28,116
-
10a · Land, buildings and equipment: cost or other basis
$28,162,329
-
10b · Land, buildings and equipment: accumulated depreciation
$7,454,257
-
10c · Land, buildings and equipment, net
beginning of year $20,611,535 · end of year $20,708,072
-
11 · Investments: publicly traded securities
beginning of year $15,091,975 · end of year $14,591,140
-
12 · Investments: other securities
beginning of year $100,000 · end of year $1,407
-
15 · Other assets
beginning of year $456,750 · end of year $467,975
-
17 · Accounts payable and accrued expenses
beginning of year $109,243 · end of year $315,539
-
19 · Deferred revenue
beginning of year $2,468,066 · end of year $2,380,222
-
23 · Secured mortgages and notes payable
beginning of year $2,200,000 · end of year $1,600,000
-
27 · Net assets without donor restrictions
beginning of year $33,992,377 · end of year $35,507,223
-
28 · Net assets with donor restrictions
beginning of year $908,847 · end of year $1,114,032
Mission and programs · 2024
Mission
CHICAGO HOPE ACADEMY IS A CO-EDUCATIONAL, NON-DENOMINATIONAL COLLEGE AND LIFE PREPARATORY HIGH SCHOOL DEDICATED TO NURTURING AND CHALLENGING THE WHOLE PERSON - MIND, BODY, AND SPIRIT - TO THE GLORY OF GOD.
Activities or mission (Part I)
A COLLEGE AND LIFE PREPARATORY HIGH SCHOOL DEDICATED TO NURTURING AND CHALLENGING THE WHOLE PERSON
-
CHICAGO HOPE ACADEMY OPERATES A CHRISTIAN, COLLEGE- AND LIFE-PREPARATORY HIGH SCHOOL SERVING STUDENTS FROM UNDERSERVED COMMUNITIES ON THE WEST SIDE OF CHICAGO. THE SCHOOL DELIVERS AN INTEGRATED PROGRAM OF RIGOROUS ACADEMICS, SPIRITUAL FORMATION, AND EXTRACURRICULAR ENGAGEMENT DESIGNED TO SUPPORT THE HOLISTIC DEVELOPMENT OF STUDENTS. DURING THE 2024-2025 SCHOOL YEAR, CHICAGO HOPE ACADEMY SERVED APPROXIMATELY 300 STUDENTS IN GRADES 9-12. THE MAJORITY OF STUDENTS RECEIVED NEED-BASED FINANCIAL AID, AND MANY WERE FIRST-GENERATION COLLEGE-BOUND. SMALL CLASS SIZES (ESTIMATED AVERAGE OF 12-15 STUDENTS PER TEACHER) ENABLE INDIVIDUALIZED INSTRUCTION, ACADEMIC SUPPORT, AND MENTORING RELATIONSHIPS. PROGRAM ACCOMPLISHMENTS FOR THE YEAR INCLUDED DELIVERY OF A COLLEGE PREPARATORY CURRICULUM, EXPANDED CAREER READINESS OPPORTUNITIES THROUGH A TRADES PATHWAY PROGRAM, AND COMPREHENSIVE STUDENT SUPPORT SERVICES SUCH AS COUNSELING AND ACADEMIC ADVISING. STUDENTS PARTICIPATED IN A VARIETY OF EXTRACURRICULAR ACTIVITIES, INCLUDING APPROXIMATELY 14 SPORTS TEAMS, ARTS PROGRAMMING, AND COMMUNITY SERVICE INITIATIVES THAT PROMOTE LEADERSHIP AND PERSONAL DEVELOPMENT. CHICAGO HOPE ACADEMY ALSO PROVIDED ONGOING SPIRITUAL DEVELOPMENT PROGRAMMING, INCLUDING CHAPEL SERVICES, DISCIPLESHIP, AND MENTORSHIP, AIMED AT FOSTERING CHARACTER, RESILIENCE, AND A COMMITMENT TO SERVICE.THE PRIMARY OBJECTIVE FOR 2025 WAS TO EQUIP STUDENTS FOR POSTSECONDARY SUCCESS THROUGH ACADEMIC ACHIEVEMENT, CHARACTER FORMATION, AND CAREER EXPOSURE. LONG-TERM GOALS INCLUDE SUSTAINED HIGH SCHOOL GRADUATION RATES, INCREASED COLLEGE ENROLLMENT AND PERSISTENCE, AND EXPANDED ACCESS TO CAREER PATHWAYS, INCLUDING SKILLED TRADES.
Expenses $5,785,130 · Grants $8,000 · Revenue $1,560,673
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
BRIAN SIR
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 20
-
JOSHUA CAUHORN
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
GREG VANN
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
DERONDAL BEVLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
MICHAEL EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
MATT GERDES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
KRISTIN JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
GENE KENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
DAVID LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
THOMAS LUICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JAMES MCGILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
TRACI MELCHER
DIRECTOR AND DEVELOPMENT MANAGER
- Total calculated
- $52,729
- From this org
- $50,688
- From related orgs
- $0
- Other
- $2,041
- Hours/week
- 40
-
TONI MILLS-WESSELINK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
CHRIS PORTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
ALISSA VOGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
ISAIAH MUZIKOWSKI
PRESIDENT AND PRINCIPAL
- Total calculated
- $132,977
- From this org
- $125,330
- From related orgs
- $0
- Other
- $7,647
- Hours/week
- 40
-
PATRICK AHERN
FINANCIAL CONTROLLER
- Total calculated
- $163,193
- From this org
- $155,000
- From related orgs
- $0
- Other
- $8,193
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $5,000
- Other
- $0
- Deferred
- $7,500
- Nontaxable benefits
- $693
- Filer's total
- $163,193
-
JOSEPH SALITURO
ATHLETIC DIRECTOR - TERM
- Total calculated
- $139,411
- From this org
- $116,730
- From related orgs
- $0
- Other
- $22,681
- 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 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE ORGANIZATION PAYS ANNUAL DISCRETIONARY BONUSES.
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
RIGHTEOUS OAKS LLC
OWNER REAL ESTATE · IL · income $0 · assets $0
Directly controlled by CHICAGO HOPE ACADEMY
-
HOPE HOLDINGS LLC
OWNER REAL ESTATE · IL · income $0 · assets $0
Directly controlled by CHICAGO HOPE ACADEMY
-
RIGHTEOUS OAKS INC
OWNER REAL ESTATE · IL · income $0 · assets $0
Directly controlled by CHICAGO HOPE ACADEMY
-
RIGHTEOUS REHAB LLC
OWNER REAL ESTATE · IL · income $0 · assets $0
Directly controlled by CHICAGO HOPE ACADEMY
-
CHICAGO HOPE PROPERTIES LLC
OWNER REAL ESTATE · IL · income $30,291 · assets $0
Directly controlled by CHICAGO HOPE ACADEMY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621049349300427
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.