2026-05-08T12:28:14-05:00 2025-06-30 362170602 WARADY & DAVIS LLP 1717 DEERFIELD RD SUITE 300S DEERFIELD IL 60015 990 2024-07-01 363441392 KESHET KESH 8472051234 610 ACADEMY DR NORTHBROOK IL 60062 MICHELLE FRIEDMAN CHAIRMAN 8472051234 2026-05-07 1 1 CHRISTOPHER STRAUB P01278490 8472679600 2026-04-30 2024 2025-03-06 01:10:19Z MICHELLE FRIEDMAN 610 ACADEMY DR NORTHBROOK IL 60062 20590810 0 X WWW.KESHET.ORG X 1988 IL CREATING A COMMUNITY OF BELONGING WHERE PEOPLE WITH DISABILITIES LEARN, PLAY, WORK, LIVE, AND GROW TOGETHER WITH PEOPLE OF ALL ABILITIES. 15 15 360 232 -64005 0 11373306 5772227 7986427 8680694 928988 646240 -259108 -469190 20029613 14629971 176908 109476 0 0 8769768 10333215 0 0 1500058 3069962 3374794 12016638 13817485 8012975 812486 31265204 30138966 6894393 4777845 24370811 25361121 X KESHET IS ONE OF A FEW ORGANIZATIONS IN THE U.S. WHERE KIDS WITH DISABILITIES CAN BEGIN PROGRAMS AT THE AGE OF THREE AND CONTINUE THROUGHOUT ADULTHOOD. KESHET ENSURES THAT PEOPLE WITH DISABILITIES HAVE THE OPPORTUNITY TO EXPERIENCE THE ACTIVITIES THAT DEFINE GROWTH AND DEVELOPMENT-GRADUATING FROM KINDERGARTEN, PLAYING ON A SPORTS TEAM, FINDING A JOB, GETTING A FIRST APARTMENT AND MORE. KESHET PROVIDES THESE OPPORTUNITIES IN INCLUSIVE, COMMUNITY SETTINGS. 0 0 4160102 4289105 KESHET MANAGES THREE SCHOOLS AND THREE EXTENDED SCHOOL YEAR PROGRAMS FROM PRESCHOOL THROUGH TRANSITION. USING A CURRICULUM THAT FOCUSES ON ACADEMICS AND DAILY LIVING SKILLS, KESHET PREPARES STUDENTS TO LEAD INDEPENDENT LIVES. EDUCATORS AND THERAPISTS WORK HAND-IN-HAND TO PROVIDE HIGHLY INDIVIDUALIZED INSTRUCTION AND THERAPIES TO MEET THE UNIQUE NEEDS OF EACH STUDENT. KESHET'S SCHOOLS DO NOT HAVE SPECIFIC CRITERIA FOR ACCEPTANCE, WHICH RESULTS IN SERVING STUDENTS WITH COMPLEX NEEDS, WHO OFTEN HAVE VERY LIMITED SCHOOL OPTIONS. 1414567 79983 746290 KESHET'S MOST SIGNIFICANT RECREATION PROGRAM IS SUMMER CAMP. EACH YEAR, APPROXIMATELY 200 KIDS, TEENS AND YOUNG ADULTS WITH DISABILITIES EXPERIENCE SUMMER FUN AND FRIENDSHIPS ALONGSIDE THEIR TYPICALLY DEVELOPING PEERS AT 15 DAY AND OVERNIGHT CAMPS. THESE INCLUSIVE CAMP PROGRAMS ENCOURAGE SOCIAL GROWTH, EMOTIONAL DEVELOPMENT, SELF-CONFIDENCE, COMMUNICATION SKILLS, AND, OF COURSE, FUN. 3906911 21028 3344687 AT KESHET, OPPORTUNITIES FOR ADULTS INCLUDE DAY PROGRAM, VOCATIONAL SUPPORT AND FOUR GROUP HOMES. THE GOAL OF THESE PROGRAMS IS TO PROVIDE MEANINGFUL LIVES FOR ADULTS WITH DISABILITIES WITHIN THEIR HOME COMMUNITIES. SERVICES ARE TAILORED TO MEET EACH INDIVIDUAL'S NEEDS. THERE ARE CURRENTLY 58 ADULTS ENROLLED IN THE DAY PROGRAM AND/OR RESIDENTIAL SERVICES. 593928 8465 314425 RECREATIONAL PROGRAMS 593928 8465 314425 10075508 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 43 0 360 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X ERICH KIRR CFO 8472051234 610 ACADEMY DR NORTHBROOK IL 60062 MICHELLE FRIEDMAN CHAIR 3.00 X X 0 0 0 STEVEN INSOFT VICE CHAIR 3.00 X X 0 0 0 MITCHELL ROTH TREASURER 3.00 X X 0 0 0 BARBARA KENT SECRETARY 3.00 X X 0 0 0 GAIL METRICK BOARD MEMBER 3.00 X 0 0 0 ASHER BRONFELD BOARD MEMBER 3.00 X 0 0 0 JEREMY AMSTER BOARD MEMBER 3.00 X 0 0 0 DOUG WINKELSTEIN BOARD MEMBER 3.00 X 0 0 0 MICHAEL FRIEDMAN BOARD MEMBER 3.00 X 0 0 0 ELLIOT PESSIS BOARD MEMBER 3.00 X 0 0 0 ANDREW SILVER BOARD MEMBER 3.00 X 0 0 0 JAMIE GREENEBAUM BOARD MEMBER 3.00 X 0 0 0 ESTELLA LEVIN BOARD MEMBER (NON-VOTING) 3.00 X 0 0 0 DOUG WEINER BOARD MEMBER 3.00 X 0 0 0 GIL BATHGATE BOARD MEMBER 3.00 X 0 0 0 SCOTT TAXMAN BOARD MEMBER 3.00 X 0 0 0 JENNIFER PHILLIPS CEO/PRESIDENT 40.00 X 261172 0 20040 BISHAL MASKEY CFO 40.00 X 180466 0 27731 JAMIE LAKE CHIEF COMMUNICATIONS OFFICER 40.00 X 141184 0 19336 LAUREN BERNDT CHIEF DEVELOPMENT OFFICER THRU 10/24 40.00 X 146288 0 911 LISA LEW DIRECTOR OF QUALITY ASSURANCE 40.00 X 109891 0 33908 839001 0 101926 5 0 1 0 LCM ARCHITECTS LLC PO BOX 385 PARK FOREST IL 60466 ARCHITECTS 294125 VAID CORP SYSTEMS SOLUTIONS 3319 N CICERO AVE UNIT 410398 CHICAGO IL 60641 IT SERVICES 176299 EVOLVE GIVING GROUP PO BOX 205 HINSDALE IL 60522 CAPITAL CAMPAIGN MANAGEMENT 153978 SUNBELT STAFFING PO BOX 934411 ATLANTA GA 31193 CONTRACTED NURSES 100112 LUXE CATERING LLC 3412 W TOUHY AVE SKOKIE IL 60076 EVENT CATERING 100056 5 1179701 66779 4525747 13711 5772227 TUITION & FEES 611600 8680694 8680694 8680694 553921 553921 902905 1076190 -173285 -173285 -64005 -109280 4508519 850 4417050 0 91469 850 92319 92319 157881 1179701 467599 -309718 -309718 MISCELLANEOUS 900099 13634 13634 HAPPY DAY CARDS 900099 1281 1281 GADOL CARD SALES 900099 173 173 -1275 -1275 13813 14629971 8694507 -64005 227242 109476 109476 820810 368600 452210 7836269 6701530 881858 252881 68308 48578 18158 1572 897641 702026 143619 51996 710187 567160 92421 50606 15597 15597 35146 35146 21998 21998 975267 283776 116491 575000 27422 8103 6992 12327 225782 98554 94050 33178 226100 81474 112584 32042 340651 224258 115957 436 340727 283815 55601 1311 1452 1452 95759 73279 22480 96053 50519 34080 11454 UNRELATED BUSINESS INCO 7087 7087 STUDENT ACTIVITIES 429711 429468 243 FOOD AND BEVERAGE 220041 190829 27037 2175 PROGRAM SUPPLIES 103724 103470 83 171 212277 117741 71837 22699 13817485 10075508 2241919 1500058 426273 321242 1929448 2777610 6412052 6131673 1058987 910903 117940 21796 11454361 1960968 9734127 9493393 10598377 9475159 40527 104428 947473 902762 31265204 30138966 728981 763469 650478 563153 5028318 3027984 486616 423239 6894393 4777845 X 11693836 10814291 12676975 14546830 24370811 25361121 31265204 30138966 812486 177824 0 X X 0 1 X 1 0 X 4571894 4432733 4121986 10121503 5790068 29038184 4571894 4432733 4121986 10121503 5790068 29038184 4623947 24414237 161491 163503 328381 1526360 1297823 3477558 23260 165800 85269 6868 19767 300964 32816706 34967795 0.74400 0.82150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4525805 18000 312450 175670 4680585 6503994 4000 240758 2222947 4525805 9753873 2000 1067042 265957 10556958 11245652 97157 -1257214 331722 9753873 7297239 2003500 2209164 264251 11245652 0.00000 0.75729 0.24271 0 0 2012933 2012933 8612868 1218949 7393919 125172 94723 30449 130940 103790 27150 572448 543506 28942 9493393 OPERATING LEASE LIABILITY 379392 DEFERRED RENT AND DEPOSITS 43847 423239 X 16226423 177824 13400 -116563 74661 16151762 21998 -1543789 -1521791 14629971 15236113 13400 1543789 1557189 13678924 21998 116563 138561 13817485 PART V, LINE 4: ENDOWMENT FUNDS HAVE BEEN ESTABLISHED FOR A VARIETY OF PURPOSES TO PROVIDE FOR THE CONTINUED LONG-TERM OPERATION OF THE ORGANIZATION, ITS RELATED PROGRAMS AND FOR THE ABILITY TO CARRY ON THE ORGANIZATION'S MISSION. FUNDS ESTABLISHED BY DONOR-RESTRICTED GIFTS ARE MAINTAINED TO PROVIDE A PERMANENT SOURCE OF INCOME WHERE THE PRINCIPAL REMAINS INTACT AND THE EARNINGS ARE USED BY THE ORGANIZATION AS NEEDED UNLESS SPECIFIED BY THE DONOR FOR A SPECIFIC PURPOSE. PART X, LINE 2: THE ORGANIZATION ADOPTED THE GUIDANCE IN THE FASB CODIFICATION TOPIC RELATED TO UNCERTAINTY IN INCOME TAXES WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE IN ITS TAX RETURNS. UNDER THE GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS "MORE LIKELY THAN NOT" THAT IT IS SUSTAINABLE, BASED ON ITS TECHNICAL MERITS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY HAVING FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP ASSISTANCE -109,476. UNRELATED BUSINESS INCOME TAX EXPENSE -7,087. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NET AGAINST REVENUES ON 990 -467,599. RENTAL ACTIVITY EXPENSES -1,076,190. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NET AGAINST REVENUES ON 990 467,599. RENTAL ACTIVITY EXPENSES 1,076,190. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ASSISTANCE 109,476. UNRELATED BUSINESS INCOME TAX EXPENSE 7,087. SCHEDULE D, PART V, LINE 1A IN THE YEAR ENDED JUNE 30, 2024, A PRIOR PERIOD ADJUSTMENT OF $602,964 WAS RECORDED TO CORRECT FOR INVESTMENT EARNINGS RELATED TO UNRESTRICTED NET ASSETS WHICH WERE ERRONEOUSLY ALLOCATED TO THE ENDOWMENT FUNDS OVER THE PRIOR FOUR YEARS. ADDITIONALLY, A DONOR AGREED TO RELEASE IN THE CURRENT YEAR ENDOWMENT FUNDS OF $2,001,012 TO USE FOR THE PURCHASE OF A BUILDING. LASTLY, THE BOARD VOTED AND APPROVED THE RECLASSIFICATION OF $3,450,000 OF A BOARD-DESIGNATED ENDOWMENT FUND TO A GENERAL BOARD-DESINGATED FUND. ANNUAL BENEFIT 856092 734052 122040 6668 3296 112865 110858 59387 SUMMER CONCERT 347534 329534 18000 28919 11536 80318 7450 2 133956 116115 17841 10871 26209 7132 1730 360 1337582 1179701 157881 10871 6668 58424 131533 192906 67197 467599 -309718 1 SCHOLARSHIPS 41 109476 FMV SCHOLARSHIP ASSITANCE FOR TUITION OR REGISTRATION FEE REDUCTION PART I, LINE 2: THE ORGANIZATION USES A PROCESSING SERVICE TO COLLECT SCHOLARSHIP APPLICATIONS. THE FAMILIES ARE RESPONSIBLE FOR PAYING APPLICATION FEES DIRECTLY TO THE PROCESSOR. ONCE THE APPLICATION IS COMPLETE AND THE REPORT IS FINALIZED THE ORGANIZATION IS NOTIFIED AND THE REPORTS AND SUPPORTING DOCUMENTS ARE COMPILED INTO A FILE FOR REVIEW. A FINANCIAL AID COMMITTEE MEETS TO REVIEW THE INDIVIDUAL FILES AND ASSIGNS THE AMOUNTS TO THE FAMILIES BASED ON NEED AND FUND AVAILABILITY. THE ORGANIZATION RARELY TURNS ANYONE AWAY AND TYPICALLY GIVES SOME AMOUNT TO EVERYONE IN NEED. THE COMMITTEE CONSIDERS FACTORS SUCH AS FAMILY INCOME, NUMBER OF CHILDREN, NUMBER OF SPECIAL NEEDS CHILDREN, TUITION OBLIGATIONS AT OTHER PRIVATE SCHOOLS, AND THE TYPE OF PROGRAMMING FOR WHICH FINANCIAL AID IS REQUESTED. X X X X 0 0 0 0 0 0 0 0 0 JENNIFER PHILLIPS CEO/PRESIDENT 251172 0 10000 0 0 0 10388 0 9652 0 281212 0 0 0 BISHAL MASKEY CFO 175466 0 5000 0 0 0 6296 0 21435 0 208197 0 0 0 JAMIE LAKE CHIEF COMMUNICATIONS OFFICER 141184 0 0 0 0 0 5810 0 13526 0 160520 0 0 0 BENJAMIN PHILLIPS SON OF PRESIDENT AND CEO 3326 EMPLOYED BY ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 6 ALL FAMILY MEMBERS AND GUARDIANS OF INDIVIDUALS WITH DISABILITIES AND/OR FAMILY MEMBERS AND GUARDIANS OF INDIVIDUALS ENROLLED IN KESHET PROGRAMS WHO SUBSCRIBE TO THE AIMS AND PURPOSES OF THE ORGANIZATION SHALL BE ELIGIBLE FOR MEMBERSHIP IN KESHET. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER FAMILY SHALL HAVE ONE VOTE ON ANY KESHET MATTER SUBMITTED TO THE MEMBERSHIP FOR A GENERAL VOTE. FORM 990, PART VI, SECTION B, LINE 11B IRS FORM 990 IS PRESENTED FOR REVIEW TO THE FINANCE COMMITTEE PRIOR TO BEING SIGNED AND FILED WITH THE IRS. ADDITIONALLY, THE 990 IS PROVIDED TO THE FULL GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR, COMMITTEE MEMBER AND KEY EMPLOYEE SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS THAT THEY BELIEVE COULD CONTRIBUTE TO A CONFLICT OF INTEREST. ANY IDENTIFIED CONFLICTS WILL BE DISCUSSED AND ARE DEALT WITH ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS A COMMITTEE DECISION. THE COMPENSATION COMMITTEE LOOKS AT COMPARABLE INFORMATION FOR SIMILAR POSITIONS AND THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON AN "AS REQUESTED" BASIS. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. KESHET 799 CENTRAL HOLDINGS LLC 610 ACADEMY DR NORTHBROOK IL 60062 LEASING OF OFFICE SPACE IL 1055548 9837267 KESHET