2024-11-15T17:18:10-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-01-01 204735643 CHICAGO FREEDOM SCHOOL CHIC 3124351201 719 S STATE STREET 4TH FLOOR CHICAGO IL 60605 TONY ALVARADO-RIVERA EXECUTIVE DIRECTOR 3124351201 2024-11-15 1 1 SARAH HINTZ P00492291 3037795710 2024-11-14 2023 2024-10-15 13:58:12Z TONY ALVARADO-RIVERA 719 S STATE STREET 4TH FLOOR CHICAGO IL 60605 954306 0 X CHICAGOFREEDOMSCHOOL.ORG X 2006 IL PROVIDES SPACE TO STUDY & UNDERSTAND SOCIAL ISSUES, BUILD & DEVELOP STRATEGIES FOR CHANGE. 9 9 10 9 0 0 962986 898789 13400 9301 2035 4240 -26247 6409 952174 918739 440862 90841 0 0 304742 406550 0 0 166942 538474 581522 1284078 1078913 -331904 -160174 1910929 1526474 797986 317082 1112943 1209392 THE CHICAGO FREEDOM SCHOOL CULTIVATES AND AMPLIFIES THE LEADERSHIP OF BLACK AND BROWN YOUTH AS THEY ENVISION AND ORGANIZE TOWARD COLLECTIVE HEALING AND LIBERATION. 0 0 699384 90841 18188 THE CHICAGO FREEDOM SCHOOL PROVIDED THE BELOW-LISTED ACTIVITIES IN ACCORDANCE WITH ITS TAX-EXEMPT PURPOSE:1. CONDUCTED PUBLIC WORKSHOPS REGARDING HISTORICAL TOPICS WHICH WERE ATTENDED BY SEVERAL HUNDRED ATTENDEES.2. THE YOUTH LEADERSHIP PROGRAM PLANNED, CONDUCTED, AND EVALUATED VARIOUS YOUTH-ORIENTATED ACTIVITIES WHICH WERE ATTENDED BY DOZENS OF YOUTHS.3. FREEDOM FELLOWSHIP PAID STIPENDS TO YOUTH AGES 14-18 TO ATTEND TRAINING CLASSES AND TO DEVELOP AND CONDUCT AN ACTION PLAN.4. CONDUCTED THE FELLOWSHIP SUMMER PROGRAM WHICH PROVIDED ATTENDEES A HISTORY OF CIVIL RIGHTS MOVEMENTS. 699384 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 118 0 1 10 1 0 0 0 0 0 1 1 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 TONY ALVARADO-RIVERA 3124351201 719 S STATE STREET 4TH FLOOR CHICAGO IL 60605 ANGELA MUNGUIA CO-CHAIR 3.00 X X 0 0 0 STEVEN ROSADO CO-CHAIR 3.00 X X 0 0 0 JANE PALMER TREASURER 2.50 X X 0 0 0 FAUSTO LOPEZ SECRETARY 2.00 X X 0 0 0 DAVID CHAVEZ DIRECTOR 1.00 X 0 0 0 AILIANA DENIS DIRECTOR 1.00 X 0 0 0 GERVAIS MARSH DIRECTOR 1.00 X 0 0 0 ARTHUR SURRAT DIRECTOR 1.00 X 0 0 0 MARAL ZONOOZ DIRECTOR 1.00 X 0 0 0 TONY ALVARADO-RIVERA EXECUTIVE DIRECTOR 40.00 X 76667 0 7226 76667 0 7226 0 0 0 0 0 22512 876277 5487 898789 HONORARIUMS AND OTHER 611710 9301 9301 9301 4240 4240 33089 22512 35567 -2478 -2478 OTHER INCOME 900099 8887 8887 8887 918739 18188 0 1762 X 90841 90841 83893 23070 39849 20974 269564 173970 24680 70914 14802 11825 2611 366 38291 22358 6439 9494 46910 46910 233498 191288 26711 15499 1353 762 239 352 9533 4109 3580 1844 20507 6095 2299 12113 81490 45908 14380 21202 19009 19009 34405 7309 23961 3135 1530 1530 6289 6289 15280 8608 2696 3976 PROGRAM EXPENSES 62063 62063 MEALS 26761 26761 MISCELLANEOUS EXPENSES 8742 734 7933 75 EQUIPMENT LEASE 7408 4174 1307 1927 6744 500 1173 5071 1078913 699384 212587 166942 1706233 1266549 177495 102870 2409 8190 50920 35705 19792 15215 5000 133650 1910929 1526474 17591 15185 900 0 779495 211566 0 90331 797986 317082 X 1112943 664215 545177 1112943 1209392 1910929 1526474 -160174 256623 0 X X 0 1 X 1 0 X 261473 2514052 1459328 962986 893302 6091141 261473 2514052 1459328 962986 893302 6091141 517020 5574121 586 499 2035 4240 7360 3009 3009 13236 18386 935 8887 41444 6142954 253564 0.90740 0.90670 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 13,236. 2021 AMOUNT: $ 18,386. 2022 AMOUNT: $ 935. 2023 AMOUNT: $ 8,887. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 50920 35705 15215 15215 SECURITY DEPOSITS 5000 UNCLAIMED PROPERTY 40442 OPERATING LEASE 88208 133650 OPERATING LEASE LIABILITY 90331 90331 X 918739 0 918739 0 918739 1078913 0 1078913 0 1078913 PART IV, LINE 2B: DURING 2023 AND 2022, CFS ACTED AS THE FISCAL AGENT FOR THE FOLLOWING NONPROFIT ORGANIZATIONS OR PROJECTS, ALL OF WHICH ARE INDEPENDENT OF CFS: PROJECT NIA, LIBERATION LIBRARY, FREE MINDS FREE PEOPLE, PUSHING ENVELOPES, AND GENERATION WEALTH CONFERENCE. PART X, LINE 2: CFS IS EXEMPT FROM FEDERAL TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. CONTRIBUTIONS TO CFS QUALIFY AS CHARITABLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A). CFS IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). CFS' MANAGEMENT HAS DETERMINED THAT ASC 740-10, WHICH ADDRESSES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, HAS NO EFFECT ON ITS FINANCIAL STATEMENTS DUE TO CFS' TAX-EXEMPT STATUS. MOMENTS OF JUSTICE 55601 22512 33089 5487 4000 22106 500 3474 55601 22512 33089 5487 4000 22106 500 3474 35567 -2478 1 YOUTH STIPEND 57 90841 N/A N/A PART I, LINE 2: GRANTEES ARE REQUIRED TO PROVIDE PROOF OF EXPENDITURES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE CHAIRPERSON AND SHALL CONSIST OF THE CHAIRPERSON, VICE-CHAIRPERSON, SECRETARY, AND TREASURER, WHO WILL WORK IN CONSULTATION WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR OF THE CORPORATION SHALL BE AN EX OFFICIO NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CARRIES OUT EXECUTIVE FUNCTIONS OF CFS BETWEEN BOARD MEETINGS AND RECOMMENDS ACTION TO THE BOARD AND THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE ACTIONS SHALL BE REVIEWED AND APPROVED BY THE FULL BOARD AT ITS REGULARLY SCHEDULED MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS SENT TO THE BOARD TREASURER FOR FINAL REVIEW BEFORE IT IS SENT TO THE BOARD. IT IS THEN SHARED VIA SURVER TO THE FULL BOARD FOR REVIEW DURING A SPECIAL SESSION. EACH BOARD MEMBER VOTES TO APPROVE, DECLINE, OR ABSTAIN FROM SUBMITTING THE 990. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. THE ORGANIZATION DOCUMENTS THE PROCEEDING RESULTING FROM CONFLICTS OF INTEREST IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, THE BOARD OF DIRECTORS MEETS TO DISCUSS THE COMPENSATION FOR ALL COMPANY EMPLOYEES. THE BOARD REVIEW DATA REGARDING THE COMPENSATION PAID TO SIMILARLY QUALIFIED INDIVIDUAL IN FUNCTIONALLY COMPARABLE POSITIONS BY SIMILAR ORGANIZATIONS WITHIN THE GEOGRAPHIC REGION. THE BOARD ALSO REVIEWS THE PERFORMANCE OF THE EMPLOYEES DURING THE PRIOR YEAR AND THE RECOMMENDATIONS OF THE EXECUTIVE DIRECTOR REGARDING ANY ADJUSTMENTS TO THE EMPLOYEES' COMPENSATION. THE EXECUTIVE DIRECTOR LEAVES THE BOARD MEETING WHILE THE BOARD DELIBERATES AND DECIDES ON ANY ADJUSTMENTS TO COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES FOR THE UPCOMING YEAR. DECISIONS ARE RECORDED IN THE MINUTES OF THE BOARD MEETING AND IN SEPARATE INSTRUCTIONS TO THE EXECUTIVE DIRECTOR TO IMPLEMENT THE DECISIONS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS IS MADE AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 191,288. MANAGEMENT AND GENERAL EXPENSES 26,711. FUNDRAISING EXPENSES 15,499. TOTAL EXPENSES 233,498. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.