2025-05-12T16:52:47-05:00 2024-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1600 CHICAGO IL 60611 990 2023-07-01 455454261 INTRINSIC SCHOOLS INTR 7088872735 4540 W BELMONT CHICAGO IL 60641 MELISSA MEGLIOLA CEO 7088872735 2025-05-05 1 1 JAMES G QUAID P00641738 3126707444 2025-05-05 2023 2025-03-06 01:10:19Z MELISSA MEGLIOLA 4540 W BELMONT CHICAGO IL 60641 35238029 0 X INTRINSICSCHOOLS.ORG X 2012 IL THE MISSION OF INTRINSIC SCHOOLS IS TO CREATE A REVOLUTIONARY NEW SCHOOL MODEL IN ORDER TO 1) PREPARE ALL STUDENTS FOR POSTSECONDARY SUCCESS AND WORLD-CHANGING ENDEAVORS; AND 2) PROVIDE THE EDUCATION COMMUNITY WITH A ROADMAP TO SUSTAINABLE IMPLEMENTATION. 8 8 243 18 0 0 32486755 34733988 237411 309016 410 159847 23678 35178 32748254 35238029 200839 580853 0 0 18812965 21361621 0 0 166843 11951524 12363240 30965328 34305714 1782926 932315 77136667 77156348 59146083 58233449 17990584 18922899 X THE MISSION OF INTRINSIC SCHOOLS IS TO CREATE A REVOLUTIONARY NEW SCHOOL MODEL IN ORDER TO 1) PREPARE ALL STUDENTS FOR POSTSECONDARY SUCCESS AND WORLD-CHANGING ENDEAVORS; AND 2) PROVIDE THE EDUCATION COMMUNITY WITH A ROADMAP TO SUSTAINABLE IMPLEMENTATION. 0 0 31036561 580853 309016 THE SCHOOL IS A PUBLIC CHARTER SCHOOL THAT PROMISES TO INTEGRATE TECHNOLOGY INTO TEACHING AND LEARNING IN ORDER TO PERSONALIZE THE EXPERIENCE FOR EACH STUDENT. EACH STUDENT WILL HAVE AN INDIVIDUAL MOBILE DEVICE. IN ORDER TO PREPARE ALL THEIR STUDENTS FOR 21ST CENTURY POSTSECONDARY SUCCESS, THE SCHOOL WILL PROVIDE ALL STUDENTS WITH REAL WORLD EXPERIENCES. THE SCHOOL SERVED 979 STUDENTS AT THE SEVENTH THROUGH TWELFTH GRADE LEVELS AT THE BELMONT CAMPUS AND 612 STUDENTS AT THE DOWNTOWN CAMPUS AT THE NINTH THROUGH TWELFTH GRADE LEVELS FOR THE YEAR ENDED JUNE 30, 2023. FOR THE YEAR ENDED JUNE 30, 2024, THE SCHOOL SERVED 938 STUDENTS AT THE BELMONT CAMPUS AT THE SEVENTH THROUGH TWELFTH GRADE LEVELS AND 691 STUDENTS AT THE DOWNTOWN CAMPUS AT THE NINTH THROUGH TWELFTH GRADE LEVELS. 31036561 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 96 0 243 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 0 0 X MELISSA MEGLIOLA 7088872735 4540 W BELMONT CHICAGO IL 60641 MELISSA MEGLIOLA CEO 40.00 X 201018 0 9211 TIM LIGUE COO 40.00 X 177748 0 9406 BARRY RODGERS PRINCIPAL 40.00 X 167490 0 25471 AMI GANDHI DIR OF PERSONALIZED LEARNI 40.00 X 166075 0 18800 DAENA BARRETT ADAMS CHIEF OF SCHOOLS 40.00 X 156065 0 13280 MICHELLE TROJAN PRINCIPAL 40.00 X 150990 0 13051 JAMES FRANK CHAIR 5.00 X X 0 0 0 JUSTIN MANLY TREASURER 5.00 X X 0 0 0 DAVID EPSTEIN BOARD MEMBER 2.00 X 0 0 0 NANCY JIMENEZ BOARD MEMBER 2.00 X 0 0 0 GREG JONES BOARD MEMBER 2.00 X 0 0 0 HARRIET MEYER BOARD MEMBER 2.00 X 0 0 0 JIM PALOS BOARD MEMBER 2.00 X 0 0 0 JOSH TOLMAN BOARD MEMBER 2.00 X 0 0 0 1019386 0 89219 22 0 1 0 THE STEPPING STONES GROUP LLC 2586 TRAILRIDGE DRIVE EAST LAFAYETTE CO 80026 THERAPY & BEHAVIORAL SERVICES 496929 ITSAVVY LLC 313 S ROHLWING ROAD ADDISON IL 60101 COMPUTERS & WARRANTIES 183100 2 31696929 3037059 34733988 STUDENT FEES 611110 309016 309016 309016 159847 159847 MISCELLANEOUS REVENUE 900099 35178 35178 35178 35238029 309016 0 195025 580853 580853 214263 171410 42853 17478580 16686274 791207 1099 1271916 1254125 16874 917 1723897 1631153 89354 3390 672965 612456 57299 3210 33060 33060 127934 127934 1098135 577579 520374 182 241688 143215 98473 972276 709456 261701 1119 545906 422300 123606 3395062 3202092 184910 8060 1027642 1013488 14154 1103480 1093230 7437 2813 1694845 1599920 90809 4116 98751 93220 5291 240 STUDENT COSTS 833639 833639 CPS AND ISBE ADMIN FEES 508417 508417 PROF DEVELOPMENT 404851 404851 FOOD SERVICE 178710 178710 98844 98844 34305714 31036561 3102310 166843 9687029 6903451 4963345 1369759 1520558 302415 338237 39959992 12554296 28713689 27405696 37063775 36025061 77136667 77156348 1753721 2065059 2250 0 18970757 18600475 38419355 37567915 59146083 58233449 X 17314993 18486770 675591 436129 17990584 18922899 77136667 77156348 932315 0 X 0 1 X 1 1 1 X 18801343 21052024 28132790 32486755 34733988 135206900 18801343 21052024 28132790 32486755 34733988 135206900 3582019 131624881 2897 111 110 410 159847 163375 1194 32168 11560 23678 35178 103778 135474053 957300 0.97160 0.94140 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 1,194. 2020 AMOUNT: $ 32,168. 2021 AMOUNT: $ 11,560. 2022 AMOUNT: $ 23,678. 2023 AMOUNT: $ 35,178. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2177785 2177785 32192813 7781069 24411744 3211744 2892634 319110 2377650 1880593 497057 27405696 CASH - RESTRICTED BY BOND INDENTURE 1979137 DEPOSITS 32874 OPERATING LEASE RIGHT OF USE ASSET 34013050 36025061 OPERATING LEASE LIABILITY 37567915 37567915 X 35759677 521648 521648 35238029 0 35238029 34827362 521648 521648 34305714 0 34305714 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, 2024. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES THAT THEY ARE AN OPEN ENROLLMENT SCHOOL WHICH EXTENDS ADMISSION TO ANY AND ALL STUDENTS, RESIDING IN CHICAGO, FOR THE OFFERED GRADE LEVELS. THIS MESSAGE IS COMMUNICATED BY ATTENDING COMMUNITY EVENTS, DISTRIBUTING PRINTED MATERIALS, FULL DISCLOSURE ON THEIR WEBSITE, AND OPEN COMMUNICATION WITH LOCAL GOVERNMENT OFFICIALS. SCHEDULE E, PART I, LINE 4 INTRINSIC SCHOOLS IS A PUBLIC CHARTER SCHOOL WITH NO TUITION, THEREFORE NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE ARE AWARDED TO STUDENTS TO ATTEND INTRINSIC SCHOOLS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS AND ILLINOIS BOARD OF STATE EDUCATION TO ASSIST IN THE SCHOOL'S EFFORT TO PROVIDE AN EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT. 1 SCHOLARSHIPS 117 580853 SCHOLARSHIPS FOR COLLEGE TUITION AND OTHER EDUCATION COSTS PART I, LINE 2: ALL GRANTS RECEIVED FOR SCHOLARSHIPS ARE MARKED AS RESTRICTED WITHIN THE ACCOUNTING SYSTEM AND EXPENDITURES ARE CONTINUALLY MONITORED AND TRACKED JOINTLY BY BOTH THE DIRECTOR OF FINANCE AND DIRECTOR OF POSTSECONDARY SUCCESS. ALL SCHOLARSHIP FUNDS ARE SENT DIRECTLY TO THE INSTITUTION OR TO THE VENDOR AFTER VERIFYING CONTINUED ELIGIBILITY OF THE AWARDED RECIPIENT. FOR TUITION SCHOLARSHIPS, STUDENTS SUBMIT AN AWARD LETTER AND TRANSCRIPT AND HAVE MONTHLY CHECK-INS WITH INTRINSIC STAFF TO ENSURE THAT RECIPIENTS STILL MEET THE REQUIREMENTS OF THE SCHOLARSHIP. ALL STUDENTS WHO RECEIVE A SCHOLARSHIP FOR COLLEGE OR SUMMER PROGRAM TUITION SIGN A CONTRACT TO GUARANTEE PARTICIPATION AND ACTIVE COMMUNICATION. X X 0 0 0 0 0 0 0 0 0 MELISSA MEGLIOLA CEO 201018 0 0 0 0 0 8777 0 434 0 210229 0 0 0 TIM LIGUE COO 177748 0 0 0 0 0 8972 0 434 0 187154 0 0 0 BARRY RODGERS PRINCIPAL 167490 0 0 0 0 0 7810 0 17661 0 192961 0 0 0 AMI GANDHI DIR OF PERSONALIZED LEARNI 166075 0 0 0 0 0 7649 0 11151 0 184875 0 0 0 DAENA BARRETT ADAMS CHIEF OF SCHOOLS 156065 0 0 0 0 0 7080 0 6200 0 169345 0 0 0 MICHELLE TROJAN PRINCIPAL 150990 0 0 0 0 0 6851 0 6200 0 164041 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 45022AH91 2015-12-18 21480729 IFA SERIES 2015 - REFINANCE COSTS FOR SCHOOL 0 0 0 A 21480729 1534842 429614 1422 19514851 2014 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 14: THE 2015 BOND ISSUANCE WAS USED TO REFINANCE PRIOR ISSUES USED TO ACQUIRE, RENOVATE AND CONSTRUCT A CHARTER SCHOOL. FORM 990, PART VI, SECTION A, LINE 8B THE ENTITY'S BYLAWS ALLOW THE BOARD POWER TO APPOINT A COMMITTEE WITH CORPORATE AUTHORITY. THIS COMMITTEE HAS NOT YET BEEN APPOINTED AS OF THE FISCAL YEAR END. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S CPA FIRM, IS REVIEWED BY MANAGEMENT, AND IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND FEEDBACK. A FINAL COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PER ADDENDUM B ARTICLE VIII OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE CONDUCTS PERIODIC REVIEWS TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THIS REVIEW COVERS ALL ARTICLES OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY FOR THE CEO AND ALL KEY PERSONNEL IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE CHARTER SCHOOL GROWTH FUND, AN INDUSTRY LEADER, PUBLISHES AN ANNUAL CHARTER SCHOOL/NETWORK COMPENSATION STUDY WHICH DETAILS NATIONAL AND REGIONAL SALARIES FOR CHARTER SCHOOL AND CHARTER NETWORK LEADERS. THIS IS USED BY THE SCHOOL TO HELP DETERMINE THE SALARY FOR THE CEO AND OTHER KEY PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 INTRINSIC SCHOOLS 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.