Distinctive Schools Of Illinois
- Assets
- $2.7m
- Revenue
- $38.6m
- Investments
- $0.0
- Employees
- 619
- Location
- Chicago, IL
- Founding
- 02/2015
- Data as of
- 06/2021
- EIN
- 27-4967763
Organization Overview
Distinctive Schools Of Illinois is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Distinctive Schools Of Illinois employed 619 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Distinctive Schools Of Illinois is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Distinctive Schools Of Illinois generated $38.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 66.1% each year . All expenses for the organization totaled $34.8m during the year ending 06/2021. While expenses have increased by 57.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DISTINCTIVE SCHOOLS IS A NON-PROFIT ORGANIZATION DEDICATED TO SUPPORTING AND ACCELERATING THE WORK OF CHARTER SCHOOLS SERVING KIDS FROM TRADITIONALLY UNDER-SERVED BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH THROUGH MANAGEMENT OF CHARTER SCHOOLS SERVING KINDERGARTEN THROUGH TENTH GRADE STUDENTS DURING THE FISCAL YEAR JUNE 30, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Frauenheim Chief Executive Officer | Officer | 40 | $265,954 |
Erin Lanoue Chief Operating Officer | Officer | 40 | $206,440 |
Jeff Donoghue President & Chief Financial Officer | Officer | 40 | $205,000 |
Katherine O'connor Chief Education Officer | Officer | 40 | $192,500 |
Monique Langston Chief Strategy Officer | Officer | 40 | $170,000 |
Dr Joseph Wise Senior Advisor | OfficerTrustee | 10 | $146,488 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Starr Commonwealth Education And Training | 6/29/20 | $347,801 |
Chicago Transom Partners Accounting | 6/29/20 | $280,088 |
Ostrow Reisen Berk & Abrams Audit | 6/29/20 | $104,750 |
Starr Commonwealth Education And Training | 6/29/20 | $347,801 |
Chicago Transom Partners Accounting | 6/29/20 | $280,088 |
Ostrow Reisen Berk & Abrams Audit | 6/29/20 | $104,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,989,769 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,050,697 |
| Total Program Service Revenue | $32,776,133 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $13,919 |
| Net Rental Income | $50,571 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,553,382 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,288,857 |
| Compensation of current officers, directors, key employees. | $128,886 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,815,947 |
| Pension plan accruals and contributions | $58,481 |
| Other employee benefits | $4,190,738 |
| Payroll taxes | $1,081,313 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,079 |
| Fees for services: Accounting | $46,705 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $234,979 |
| Advertising and promotion | $0 |
| Office expenses | $36,896 |
| Information technology | $108,970 |
| Royalties | $0 |
| Occupancy | $326,183 |
| Travel | $26,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,377 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $60,419 |
| All other expenses | $3,620 |
| Total functional expenses | $34,797,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $708,856 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,650,083 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $207,523 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $64,629 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $103,577 |
| Total assets | $2,734,668 |
| Accounts payable and accrued expenses | $250,503 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,057,037 |
| Total liabilities | $2,307,540 |
| Net assets without donor restrictions | $392,743 |
| Net assets with donor restrictions | $34,385 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,734,668 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Distinctive Schools Of Illinois has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Tides Center San Francisco, CA PURPOSE: QUALITY EDUCATION | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Distinctive Schools Of Illinois Chicago, IL | $2,734,668 | $38,553,382 |
Goodwill Education Initiatives Inc Indianapolis, IN | $18,896,307 | $35,463,634 |
Mc Preparatory School Of Wisconsin Inc Milwaukee, WI | $32,218,906 | $24,578,371 |
Catalyst Schools Chicago, IL | $23,990,346 | $24,109,090 |
Bernard Zell Anshe Emet Day School Chicago, IL | $69,026,609 | $20,320,544 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |
Academy Of Basic Education Inc Brookfield, WI | $40,498,539 | $16,384,035 |
Summit Christian Academy Lees Summit, MO | $26,556,183 | $15,642,141 |
Orchard School Foundation Inc Indianapolis, IN | $60,553,415 | $15,394,463 |
Oaks Academy Inc Indianapolis, IN | $7,476,421 | $17,454,996 |
Near North Montessori School Chicago, IL | $38,573,944 | $16,517,378 |
Madison Country Day School Inc Waunakee, WI | $14,581,268 | $10,698,482 |