FOUNDATIONS COLLEGE PREPARATORY SC… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

MICKI O'NEIL

Phone

7732985800

Tax Period

2017-07-01 to 2018-06-30

FOUNDATIONS COLLEGE PREPARATORY SCHOOL, founded in 2011, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2017. Expenses of $3.0M left a modest 3% surplus.

Mission

TO EMPOWER YOUTH TO THRIVE IN COLLEGE AND LIFE BY GIVING THEM ACCESS TO INNOVATIVE EDUCATORS WHO TEACH THEM TO THINK CRITICALLY, LIVE WITH HONOR, AND STRIVE FOR A BETTER SELF AND WORLD.

Program Service Accomplishments

Program 1

Expenses: $2,561,151 Revenue: $14,080

FOUNDATIONS COLLEGE PREP IS A CHICAGO PUBLIC CHARTER SCHOOL, ON THE FAR SOUTH SIDE OF CHICAGO, WHOSE MISSION IS TO EMPOWER YOUTH TO THRIVE IN COLLEGE AND LIFE BY GIVING THEM ACCESS TO INNOVATIVE...

FOUNDATIONS COLLEGE PREP IS A CHICAGO PUBLIC CHARTER SCHOOL, ON THE FAR SOUTH SIDE OF CHICAGO, WHOSE MISSION IS TO EMPOWER YOUTH TO THRIVE IN COLLEGE AND LIFE BY GIVING THEM ACCESS TO INNOVATIVE EDUCATORS WHO TEACH THEM TO THINK CRITICALLY, LIVE WITH HONOR AND STRIVE FOR A BETTER SELF AND WORLD.THE YEAR ENDED JUNE 30, 2015 WAS THE SCHOOL'S FIRST FULL YEAR OF OPERATIONS. DURING THE YEARS ENDED JUNE 30, 2018 AND 2017, THE SCHOOL SERVED 225 STUDENTS IN SIXTH THROUGH TENTH GRADE AND 212 STUDENTS IN SIXTH THROUGH NINTH GRADE, RESPECTIVELY. THE SCHOOL PLANS TO OPEN ONE GRADE PER YEAR UNTIL IT SERVES GRADES SIX THROUGH TWELVE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $3,043,805

Program Service Revenue $14,080

Investment Income $1,380

Other Revenue $31

TOTAL REVENUE $3,059,296

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,035,064

Fundraising Expenses $41,446

Program Expenses $2,561,151

Other Expenses $920,061

TOTAL EXPENSES $2,955,125

Year-over-Year Comparison

	2017	2016	Change
Revenue	$3,059,296	$2,902,011	+0.1%
Expenses	$2,955,125	$2,653,538	+0.1%
Net Income	$104,171	$248,473	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$86,245

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YONDI MORRIS	CHAIR	3.00	Officer Director	$0	$0	$0
KRISTEN VANDAWALKER	SECRETARY - TERM	1.00	Officer Director	$0	$0	$0
MATT LEWIN	TREASURER	5.00	Officer Director	$0	$0	$0
LINA BANKERT	MEMBER - TERM	2.00	Director	$0	$0	$0
JEFF BECKHAM	MEMBER	2.00	Director	$0	$0	$0
LATICIA DEZELL	MEMBER - TERM	1.00	Director	$0	$0	$0
TAMMY PEARCE	MEMBER	2.00	Director	$0	$0	$0
GLENNESE HARSTON RAY	MEMBER	2.00	Director	$0	$0	$0
MICKI O'NEIL	EXECUTIVE DIRECTOR	65.00	Officer	$81,434	$4,811	$86,245

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$3,059,296	$2,955,125	$3,021,216	$104,171

FOUNDATIONS COLLEGE PREPARATORY SCHOOL