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Nonprofiteer
← THE CHICAGO SCHOOL - CALIFORNIA INC

Form 990 for tax year 2024

Filed by THE CHICAGO SCHOOL - CALIFORNIA INC.

Totals

Total revenue
$144,160,010
Total expenses
$129,769,274
Contributions and grants received
$1,497,817
Grants paid
$2,896,487
Program service revenue
$124,849,531
Investment income
$8,054,756
Other revenue
$9,757,906
Total assets, end of year
$315,451,630
Total liabilities, end of year
$190,717,737
Net assets or fund balances, end of year
$124,733,893
Program services expenses (Part IX)
$77,926,502
Management and general expenses
$50,398,228
Fundraising expenses
$1,444,544
Program service expenses (Part III)
$77,926,502

Program services were 60.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Michael Horowitz

    Corporate President/Trustee

    Total calculated
    $1,747,997
    From this org
    $0
    From related orgs
    $1,566,900
    Other
    $181,097
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $936,900 related
    Bonus
    $0 + $630,000 related
    Other
    $0
    Deferred
    $0 + $162,292 related
    Nontaxable benefits
    $0 + $18,805 related
    Filer's total
    $0 + $1,747,997 related

  • Michele Nealon

    Institution Pres./Trustee

    Total calculated
    $1,052,851
    From this org
    $952,841
    From related orgs
    $0
    Other
    $100,010
    Hours/week
    34 + 6 related

    Schedule J breakdown matched by us

    Base
    $652,841
    Bonus
    $300,000
    Other
    $0
    Deferred
    $69,000
    Nontaxable benefits
    $31,010
    Filer's total
    $1,052,851

  • Terrence Layng

    Board Chair

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • Marie Hansen

    Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Edward Bergmark

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • John Boyd

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Daniel Diaz

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Victoria Dolan

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • Dorothy Farris

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Brian Lein

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Dina Martin

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Richard Osborn

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Eloisa Perard

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Sian Seligman

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Efrain Talamantes

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Manika Turnbull

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Jennifer Gantz

    Corporate Treasurer/CFO

    Total calculated
    $400,478
    From this org
    $0
    From related orgs
    $375,738
    Other
    $24,740
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,863 related
    Bonus
    $0 + $70,875 related
    Other
    $0
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $590 related
    Filer's total
    $0 + $400,478 related

  • Shari Mikos

    Corporate Secretary

    Total calculated
    $368,593
    From this org
    $0
    From related orgs
    $339,858
    Other
    $28,735
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,358 related
    Bonus
    $0 + $62,500 related
    Other
    $0
    Deferred
    $0 + $24,002 related
    Nontaxable benefits
    $0 + $4,733 related
    Filer's total
    $0 + $368,593 related

  • Greg Beno

    Asst. Corp. Treasurer

    Total calculated
    $276,060
    From this org
    $0
    From related orgs
    $257,592
    Other
    $18,468
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $225,050 related
    Bonus
    $0 + $32,542 related
    Other
    $0
    Deferred
    $0 + $18,001 related
    Nontaxable benefits
    $0 + $467 related
    Filer's total
    $0 + $276,060 related

  • Sara Sotelo

    Asst. Corp. Secretary

    Total calculated
    $113,178
    From this org
    $0
    From related orgs
    $93,494
    Other
    $19,684
    Hours/week
    2 + 38 related

  • Elisa Davis

    Assistant Secretary

    Total calculated
    $53,079
    From this org
    $0
    From related orgs
    $49,184
    Other
    $3,895
    Hours/week
    2 + 38 related

  • Michael Falotico

    Chief Operating Officer

    Total calculated
    $361,315
    From this org
    $299,943
    From related orgs
    $0
    Other
    $61,372
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,876
    Bonus
    $71,067
    Other
    $0
    Deferred
    $22,183
    Nontaxable benefits
    $39,189
    Filer's total
    $361,315

  • Theodore Scholz

    Chief Academic Officer

    Total calculated
    $328,464
    From this org
    $269,287
    From related orgs
    $0
    Other
    $59,177
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,127
    Bonus
    $65,160
    Other
    $0
    Deferred
    $20,034
    Nontaxable benefits
    $39,143
    Filer's total
    $328,464

  • Christopher Reeder

    Sr. Assoc. Dean, Clinical Education

    Total calculated
    $360,766
    From this org
    $327,595
    From related orgs
    $0
    Other
    $33,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,595
    Bonus
    $15,000
    Other
    $0
    Deferred
    $9,935
    Nontaxable benefits
    $23,236
    Filer's total
    $360,766

  • William Brown

    Provost

    Total calculated
    $293,102
    From this org
    $273,522
    From related orgs
    $0
    Other
    $19,580
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,822
    Bonus
    $56,700
    Other
    $0
    Deferred
    $19,121
    Nontaxable benefits
    $459
    Filer's total
    $293,102

  • Elizabeth Brown

    Chief of Staff

    Total calculated
    $287,175
    From this org
    $259,259
    From related orgs
    $0
    Other
    $27,916
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,059
    Bonus
    $55,200
    Other
    $0
    Deferred
    $18,281
    Nontaxable benefits
    $9,635
    Filer's total
    $287,175

  • Monica Kinde

    Sr. Assoc. Dean, Pre-Clinical Affs.

    Total calculated
    $244,990
    From this org
    $230,899
    From related orgs
    $0
    Other
    $14,091
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,899
    Bonus
    $11,000
    Other
    $0
    Deferred
    $8,626
    Nontaxable benefits
    $5,465
    Filer's total
    $244,990

  • John Lucas

    Dean/Chief Academic Officer

    Total calculated
    $658,216
    From this org
    $603,343
    From related orgs
    $0
    Other
    $54,873
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $603,343
    Bonus
    $0
    Other
    $0
    Deferred
    $24,150
    Nontaxable benefits
    $30,723
    Filer's total
    $658,216

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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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 3
The Chicago School - California, Inc., with support from a related organization, TCS Education System, used one or more of the methods described below to establish the top management official's compensation: - Executive Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Executive Committee
Part I, Line 4b
TCS Education System provides a supplemental deferred compensation plan for certain executives. The following individuals participate in the plan: - Michael Horowitz - Michele Nealon
Part I, Line 7
The target opportunity for the discretionary award is established through market compensation and internal policy so as to relate pay, performance and rewards. Upon reviewing annual performance, the Executive Committee of the Board of Trustees determines results and the granting of discretionary awards, if any.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
8 April 2026
IRS schema version
2024v5.5
Source object
202611009349300326

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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