2024-05-13T15:24:53-05:00 2023-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1600 CHICAGO IL 60611 990 2022-07-01 461862158 GREAT LAKES ACADEMY INC GREA 7735303040 8401 SOUTH SAGINAW CHICAGO IL 60617 EBONIE DURHAM EXECUTIVE DIRECTOR 7735303040 2024-05-08 1 EBONIE DURHAM 999009999 0 JAMES G QUAID P00641738 3126707444 2024-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EBONIE DURHAM 8401 SOUTH SAGINAW CHICAGO IL 60617 9080457 0 X WWW.GLACHICAGO.ORG X 2013 IL TO PREPARE ALL OF OUR STUDENTS WITH THE FUNDAMENTAL ACADEMIC SKILLS, CRITICAL THINKING ABILITY, AND STRENGTH OF CHARACTER TO EXCEL IN HIGH SCHOOL, COLLEGE, AND A CAREER OF THEIR CHOICE. WE EMPOWERALL OF OUR STUDENTS WITH THE EDUCATION TODAY THAT THEY WILL NEED TO CHANGE THE WORLD TOMORROW. 11 11 120 150 0 0 8343987 8250464 586379 703955 74646 87100 -2404 -21639 9002608 9019880 0 0 0 0 5124893 5779205 0 0 254960 3026468 3214783 8151361 8993988 851247 25892 12933457 13304166 6451400 6660789 6482057 6643377 X TO PREPARE ALL OF OUR STUDENTS WITH THE FUNDAMENTAL ACADEMIC SKILLS, CRITICAL THINKING ABILITY, AND STRENGTH OF CHARACTER TO EXCEL IN HIGH SCHOOL, COLLEGE, AND A CAREER OF THEIR CHOICE. WE EMPOWERALL OF OUR STUDENTS WITH THE EDUCATION TODAY THAT THEY WILL NEED TO CHANGE THE WORLD TOMORROW. 0 0 6942225 703955 THE SCHOOL IS A PUBLIC CHARTER SCHOOL WHOSE MISSION IS TO PREPARE ALL OF OUR STUDENTS WITH THE FUNDAMENTAL ACADEMIC SKILLS, CRITICAL THINKING ABILITY, AND STRENGTH OF CHARACTER TO EXCEL IN HIGH SCHOOL, COLLEGE, AND A CAREER OF THEIR CHOICE. WE EMPOWER ALL OF OUR STUDENTS WITH THE EDUCATION TODAY THAT THEY WILL NEED TO CHANGE THE WORLD TOMORROW. DURING THE YEAR ENDED JUNE 30, 2023 GREAT LAKES ACADEMY INC. SERVED 520 IN KINDERGARTEN THROUGH EIGHTH GRADE. 6942225 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 5 0 1 120 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X EBONIE DURHAM 7735303040 8401 SOUTH SAGINAW CHICAGO IL 60617 JOHN WASHINGTON BOARD CHAIR 3.00 3.00 X X 0 0 0 FAYE PAUL TELLER VICE CHAIR 3.00 X X 0 0 0 KATIE MCCLAY SECRETARY 3.00 X X 0 0 0 ANDY BAKER TREASURER 3.00 X X 0 0 0 APARUPA BHATTACHARYA BOARD MEMBER 3.00 X 0 0 0 CHRISTINE CHEN BOARD MEMBER 3.00 X 0 0 0 KATHERINE CHERRY BOARD MEMBER 3.00 X 0 0 0 DUANE DAVIS BOARD MEMBER 3.00 X 0 0 0 BRAD KARSH BOARD MEMBER 3.00 X 0 0 0 LARISSA SILBERBERG BOARD MEMBER 3.00 X 0 0 0 NICOLE WOODFORK BOARD MEMBER 3.00 X 0 0 0 MICHAEL MESTERHARM CHIEF OPERATING OFFICER 40.00 3.00 X 125894 0 6807 EBONIE DURHAM EXECUTIVE DIRECTOR 40.00 X 102290 0 14642 KATHERINE MYERS-CRUM EXECUTIVE DIRECTOR-TERM 40.00 3.00 X 6462 0 0 LORI BASS EXECUTIVE DIRECTOR-TERM 40.00 X 91428 0 3761 JOSHUA MILLER PRINCIPAL 40.00 X 133000 0 16327 MEAGAN A JOHNSON ASSISTANT PRINCIPAL 40.00 X 103562 0 18083 562636 0 59620 4 0 0 0 0 257697 7764589 228178 8250464 FOOD PROGRAM 611110 595834 595834 STUDENT FEES 611110 108121 108121 703955 87100 87100 23995 257697 60577 -36582 -36582 MISCELLANEOUS REVENUE 900099 14943 14943 14943 9019880 703955 0 65461 348791 278933 57398 12460 4596103 3675579 756343 164181 414488 331474 68208 14806 267222 213702 43975 9545 152601 122038 25112 5451 6898 6898 119045 119045 206616 122793 83823 101411 61822 39399 190 120501 117885 2616 908015 817214 90801 394027 354624 39403 63165 56849 6316 77222 77222 FOOD PROGRAM 388499 364712 23787 DIRECT STUDENT COSTS 350173 327703 22470 PROFESSIONAL DEVELOPMEN 197388 96897 100491 CPS ADMIN FEE 163380 163380 118443 70116 48327 8993988 6942225 1796803 254960 2107448 3218182 2100549 1065957 7364000 7364000 2154 79535 1192673 173611 928929 1019062 46059 37684 384318 519746 12933457 13304166 550885 591792 23115 10630 5650000 5589867 227400 468500 6451400 6660789 X 5436315 5999714 1045742 643663 6482057 6643377 12933457 13304166 X 25892 135428 X 0 1 X 1 1 1 X 4599035 5523864 9491503 8343987 8250464 36208853 4599035 5523864 9491503 8343987 8250464 36208853 36208853 39030 74646 87100 200776 7764 7764 15352 14711 1912518 2570 14943 1960094 38377487 1374950 0.94350 0.93780 X 908107 40041 868066 284566 133570 150996 1019062 DUE TO GREAT LAKES ACADEMY SUPPORT CORP 468500 468500 X PART X, LINE 2: GREAT LAKES ACADEMY INC. 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 GREAT LAKES ACADEMY DISCLOSES ITS RACIALLY NONDISCRIMINATORY POLICY IN SCHOOL MARKETING MATERIALS, AS WELL AS AT ALL RECRUITMENT EVENTS SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS TO ASSIST IN THE SCHOOL'S EFFORT TO PROVIDE AN EDUCATION, OPEN TO THE PUBLIC, AND AVALABLE TO ANY CITY OF CHICAGO STUDENT. SPRING BENEFIT 281692 257697 23995 44552 340 15685 281692 257697 23995 44552 340 15685 60577 -36582 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE BEEN CREATED WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS. BOARD MEMBERS REVIEW AND PROVIDE COMMENTS AND FEEDBACK REGARDING THE DOCUMENT. THE BOARD CHAIR THEN APPROVES SUBMISSION OF FORM 990 ASSUMING ALL CHANGES (IF ANY) ARE MADE. A FINAL VERSION OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY AND GET TRAINING ANNUALLY ON THE POLICY. THE STAFF SIGNS A HANDBOOK THAT INCLUDES A CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR ALL EMPLOYEES WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GREAT LAKES ACADEMY IS SUBJECT TO THE OPEN MEETINGS ACT AND THE FREEDOM OF INFORMATION ACT. ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST IN ADDITION TO PROVIDING CHICAGO PUBLIC SCHOOLS WITH THESE DOCUMENTS. FORM 990, PART VI, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO (OR EXECUTIVE DIRECTOR) INCLUDES 1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, 2) THE USE OF COMPARABILITY DATA SUCH AS COMPENSATION REPORTS, AND 3) CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION BY DOCUMENTING THE PROCESS IN THE BOARD'S EXECUTIVE MINUTES. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/(LOSS) ON INTEREST RATE SWAP 135,428. GREAT LAKES ACADEMY SUPPORT CORPORATION 8401 S SAGINAW AVENUE CHICAGO IL 60617 853256985 SUPPORTING ORG IL 501(C)(3) LINE 12A, I GREAT LAKES ACADEMY INC 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 GREAT LAKES ACADEMY SUPPORT CORP K 454800 LEASE