2024-04-25T15:21:04-05:00 2023-06-30 362938874 OSTROW REISIN BERK & ABRAMS 455 N CITYFRONT PLAZA DRIVE SUITE 1500 CHICAGO IL 606115313 990 2022-07-01 260414040 CHICAGO TECH ACADEMY CHIC 7735347755 1301 W 14TH ST CHICAGO IL 60608 CHRISTINA LAINO SCHOOL DIRECTOR 7735347755 2024-04-12 1 CHRISTINA LAINO 999009999 0 JAMES G QUAID P00641738 3126707444 2024-04-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTINA LAINO 1301 W 14TH ST CHICAGO IL 60608 7023651 0 X WWW.CHITECH.ORG X 2007 IL 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. 9 9 75 150 0 0 6537583 6975214 25792 37511 0 0 16126 -1053 6579501 7011672 0 0 0 0 3523594 4094194 0 0 75535 2456509 2826872 5980103 6921066 599398 90606 2658345 2603479 600835 455363 2057510 2148116 X 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. 0 0 5807212 37511 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.WE EMBARKED ON A HYBRID LEARNING MODEL - WITH SOME STUDENTS AT SCHOOL AND SOME LEARNING AT HOME. THROUGHOUT THE IMPLEMENTATION OF THESE LEARNING MODELS WE HAVE LEARNED BEST PRACTICES, IMPROVED OUR INTEGRATION OF TECHNOLOGY, AND HAVE INVESTED IN THE RESOURCES NECESSARY TO ENSURE ALL STUDENTS AND STAFF HAVE THE TECHNOLOGY HARDWARE AND ACCESS REQUIRED TO BE SUCCESSFUL. 5807212 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 25 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X THE ORGANIZATION 7735347755 1301 W 14TH ST CHICAGO IL 60608 TERRY HOWERTON CHAIR 2.00 X X 0 0 0 ALEXANDER 'SANDY' LOURIE SECRETARY 2.00 X X 0 0 0 TODD BABBITZ MEMBER 2.00 X 0 0 0 COLLEEN EGAN MEMBER 2.00 X 0 0 0 TIM HANDORF MEMBER 2.00 X 0 0 0 MARTIN KELLY MEMBER 2.00 X 0 0 0 GAUTAM KUMAR MEMBER 2.00 X 0 0 0 MEGAN MCCANN MEMBER 2.00 X 0 0 0 BRENDA WILKERSON MEMBER 2.00 X 0 0 0 ELIZABETH YOUNG TREASURER (UNTIL FEB 2023) 2.00 X X 0 0 0 TRACY MCCARTHY MEMBER (UNTIL FEB 2023) 2.00 X 0 0 0 RYAN POLLOCK MEMBER (UNTIL FEB 2023) 2.00 X 0 0 0 STEVE SHEPHERD MEMBER (UNTIL FEB 2023) 2.00 X 0 0 0 KEVIN STEELE MEMBER (UNTIL FEB 2023) 2.00 X 0 0 0 KEITH PALZ SCHOOL PRINCIPAL 40.00 X 85687 0 11552 MATT MOELLER EXECUTIVE DIRECTOR 40.00 X 57000 0 3177 DEMARCO HUGHES DEP DIRECTOR, CULTURE & CLIMATE 40.00 X 110239 0 0 252926 0 14729 1 0 0 0 FOCUS STRATEGIC PARTNERS 839 W AINSLIE UNIT 3W CHICAGO IL 60640 CONSULTING SERVICES 190942 1 113500 6522793 338921 6975214 STUDENT FEES 611710 37511 37511 37511 9436 113500 11979 -2543 -2543 MISCELLANEOUS 900099 1490 1490 1490 7011672 37511 0 -1053 X 335660 151153 184163 344 3132947 2765683 361142 6122 248852 218965 29389 498 153499 135064 18128 307 223236 196425 26365 446 8234 8234 36000 36000 736745 699201 37025 519 240331 105804 69057 65470 48924 22897 25975 52 624973 559308 64392 1273 4833 4325 498 10 701 701 62890 56283 6480 127 66432 59452 6845 135 DIRECT STUDENT COSTS 729560 729560 CPS ADMINISTRATIVE FEE 151201 151201 OTHER PERSONNEL COSTS 101350 89237 11911 202 PROFESSIONAL DEVELOPMEN 14698 13154 1514 30 6921066 5807212 1038319 75535 1778417 2117824 450465 76966 67500 201941 203666 917237 781122 160022 136115 0 68908 2658345 2603479 600835 386455 0 68908 600835 455363 X 2057510 2148116 2057510 2148116 2658345 2603479 90606 0 X 0 1 X 1 1 1 X 3396136 4139710 5774770 6537583 6984650 26832849 424833 439766 455215 455215 487656 2262685 3820969 4579476 6229985 6992798 7472306 29095534 29095534 6248 13066 4130 16126 1490 41060 29136594 114738 0.99860 0.99800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19512 13146 6366 843751 714002 129749 53974 53974 0 136115 OPERATING LEASE LIABILITY 68908 68908 X 7723518 699867 11979 711846 7011672 0 7011672 7632912 699867 11979 711846 6921066 0 6921066 PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SCHOOL IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 11,979. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 11,979. LITTLE BLACK DRESS NIGHT 122936 113500 9436 1500 9330 1149 122936 113500 9436 1500 9330 1149 11979 -2543 FORM 990, PART V, LINE 2A: CERTAIN ADMINISTRATIVE FUNCTIONS SUCH AS THE ISSUANCE OF FORMS W-2 ARE NOW BEING HANDLED BY A PROFESSIONAL EMPLOYER ORGANIZATION (PEO). THE NUMBER OF EMPLOYEES REPORTED ON LINE 2A OF FORM 990, PART V REPRESENTS THE NUMBER OF THE SCHOOL EMPLOYEES RECEIVING FORMS W-2 ISSUED BY THE PEO. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE COMPLETED ANNUALLY AS REQUIRED BY APPLICABLE LAW AND COPIES WILL BE PROVIDED TO THE CHAIRMAN, TREASURER AND SECRETARY ("REVIEW BOARD") FOR REVIEW. THE REVIEW BOARD WILL REVIEW THE FORM 990. ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE SCHOOL PRINCIPAL IS IN AGREEMENT WITH THE REVIEW BOARD ABOUT THE FINISHED FORM 990, IT WILL BE SIGNED BY THE SCHOOL PRINCIPAL, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS AND DIRECTORS. A FILE COPY WILL BE MAINTAINED BY THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS ON THE GOVERNING BODY ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO REPORT TO THE CHAIR AND EXECUTIVE DIRECTOR IF A POTENTIAL CONFLICT ARISES. ON AN ANNUAL BASIS, BOARD MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY AND ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING OFFICER COMPENSATION INCLUDES A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS USING COMPARABILITY DATA SUCH AS BENCHMARKING USING SIMILAR SCHOOLS' FORM 990. THE DECISION IS DOCUMENTED IN THE ORGANIZATION'S FILES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 699,201. MANAGEMENT AND GENERAL EXPENSES 37,025. FUNDRAISING EXPENSES 519. TOTAL EXPENSES 736,745.