Francis W Parker School is located in Chicago, IL. The organization was established in 1932. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Francis W Parker School employed 415 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francis W Parker School 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 06/2022, Francis W Parker School generated $67.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $48.1m during the year ending 06/2022. While expenses have increased by 2.6% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III, LINE 1
Describe the Organization's Program Activity:
SEE SCHEDULE OWE ARE DELIBERATELY COMPOSED OF A DIVERSE GROUP OF PEOPLE SO THAT WE CAN LEARN HOW TO HONOR THE DIGNITY AND EXPERIENCE OF EVERY HUMAN BEING. OUR COMMITMENT TO INCLUSION AND INTEGRATION MAKES US AN INTIMATE AND EXPANSIVE SCHOOL AIMING FOR ALL TO FEEL FREE AND SAFE AND ABLE TO ACQUIRE KNOWLEDGE AND SKILLS, EXPLORE OUR IMAGINATIONS, SHARE WHO WE ARE BECOMING AND EMBRACE THE DIVERSITY OF IDENTITIES, PASSIONS AND IDEAS THAT SHAPE HUMANITY. WE PURSUE EDUCATIONAL EXCELLENCE AND CREATIVITY IN ORDER TO KNOW THE PLEASURES OF LEARNING AND THE VALUE OF CONTRIBUTING TO THE PROGRESS AND IMPROVEMENT OF SOCIETY. WE AFFIRM STUDENTS AND THEIR CAPACITY TO THRIVE WHEN THEY FEEL KNOWN, UNDERSTOOD AND APPRECIATED BY TEACHERS AND CLASSMATES. WE BELIEVE SCHOLARSHIP, CHARACTER AND CONFIDENCE GROW WHEN WE ARE OPEN TO NEW QUESTIONS, PERSPECTIVES AND INFORMATION; WHEN WE LEAD WITH RESPECT, CIVILITY AND CURIOSITY AS WE MAKE REASONED JUDGMENTS; WHEN WE COLLABORATE AND WHEN WE PERSEVERE WITH INTEGRITY IN THE FACE OF CHALLENGE. OUR CULTURE OF TRUST AND AUTHENTICITY NURTURES AN ABIDING SENSE OF PURPOSE AND JOY THAT DRIVES OUR WORK TOWARD INSIGHT, UNDERSTANDING AND ACCOMPLISHMENT. WE ARE RESPONSIVE IN OUR APPROACHES TO TEACHING AND MENTORING SO THAT EACH PERSON CAN GROW IN INTELLECTUAL, AESTHETIC, EMOTIONAL AND MORAL LIFE. WE ENCOURAGE ALL TO BE RESOURCEFUL AS WE LEARN FROM ONE ANOTHER THROUGH SPIRITED, RIGOROUS AND REFLECTIVE ENGAGEMENT IN MATHEMATICS, LANGUAGES, THE HUMANITIES, SCIENCES, ARTS, ATHLETICS AND COMMUNITY SERVICE. OUR VISION IS GROUNDED IN OUR RELATIONSHIPS WITH ONE ANOTHER, INSPIRING US TO STRETCH BEYOND CURRENT ACHIEVEMENTS, POINTS OF VIEW AND DISCIPLINES. OUR STANDARDS FOR INQUIRY REACH FROM THE CLASSROOM TO LIFE THROUGHOUT THE SCHOOL, GUIDING EACH OF US TO DO OUR BEST AS WE FIND MEANING IN WHAT WE LEARN. WE HOLD THAT A PARKER EDUCATION IS A PRIVILEGE THAT CARRIES RESPONSIBILITY. WE CALL ON ALL TO PARTICIPATE WITH SELF-DISCIPLINE, INDEPENDENCE OF MIND AND COLLABORATIVE SPIRIT. WE EXPECT EACH OF US TO COME PREPARED TO LEARN AND TO SUPPORT PARKER'S APPROACH TO EDUCATION, HUMAN DEVELOPMENT AND COMMUNITY. OUR PURPOSE IS TO INSPIRE OUR STUDENTS TO APPLY THEIR SKILLS, THOUGHTS AND VALUES TO MAKE THE WORLD JUST, BEAUTIFUL AND INTERESTING. THE PEOPLE OF FRANCIS W. PARKER SCHOOL EDUCATE STUDENTS TO CONNECT REFLECTION WITH ACTION, WISDOM WITH INNOVATION, DEEDS WITH CONSEQUENCES, AND CHARACTER WITH CITIZENSHIP. IN THESE WAYS, PARKER STANDS AS A PROGRESSIVE SCHOOL, DEDICATED TO THE GROWTH AND DEVELOPMENT OF THE WHOLE PERSON, ON BEHALF OF OUR DEMOCRATIC SOCIETY AND THE WIDER WORLD.
PARKER ALSO OFFERS CERTAIN OTHER AUXILIARY PROGRAMS WHICH ARE USED TO SUPPLEMENT THE GENERAL EDUCATION OF THE SCHOOL IN MAKING CERTAIN THAT THE MISSION OF THE SCHOOL CAN BE ACHIEVED BY ALL STUDENTS. THESE PROGRAMS INCLUDE THE SCHOOLS EXTENDED DAY PROGRAM, FOOD SERVICE AND MUSIC LESSONS. ALL OF THE AUXILIARY PROGRAMS ARE OVERSEEN BY THE ADMINISTRATION OF THE SCHOOL AND ARE STAFFED WITH SCHOOL EMPLOYEES OR PROFESSIONALS IN THE FIELD OF STUDY. THE FOOD SERVICE OF THE SCHOOL IS OVERSEEN BY A THIRD PARTY PROVIDER WHICH SPECIALIZES IN FOOD PREPARATION AND SERVICE WITH DIRECT OVERSIGHT OF THE SCHOOL.
PARKER OFFERS A SUMMER CAMP PROGRAM IN ACCORDANCE WITH THE SCHOOLS' OVERALL EXEMPT MISSION. THIS CAMP OFFERS A SAFE, NURTURING RECREATIONAL OPPORTUNITY FOR CHILDREN IN THE NEIGHBORING COMMUNITY. THE STAFF FOR THE CAMP IS COMPOSED OF PARKER FACULTY AND STUDENTS OR FORMER STUDENTS WHO ADHERE TO THE OVERALL MISSION OF THE SCHOOL TO GUARANTEE AN ENRICHING EXPERIENCE FOR ALL CAMP PARTICIPANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel B Frank Principal | Officer | 50 | $798,457 |
Robert E Haugh Chief Financial Officer | Officer | 50 | $393,773 |
Laureen Sweers Director Of Hr | 50 | $166,797 | |
Kimeri S Swanson-Beck Lower School Head | 50 | $162,968 | |
Brent Caburnay Dir. Of Development | 50 | $151,412 | |
Sven Carlsson Director Of Studies | 50 | $143,481 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Quest Food Management Services Food Services | 6/29/22 | $641,479 |
Citywide Building Maintenance Custodial Services | 6/29/22 | $500,409 |
Constellation New Energy Energy Services | 6/29/22 | $340,197 |
Infinity Transportation Management Transportation | 6/29/22 | $188,055 |
Safeguard Surveillance Covid Testing | 6/29/22 | $189,699 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $687,568 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $25,928,804 |
Noncash contributions included in lines 1a–1f | $707,447 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,616,372 |
Total Program Service Revenue | $38,409,613 |
Investment income | $873,336 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$814,380 |
Net Gain/Loss on Asset Sales | $2,572,820 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $67,683,715 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,964,591 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,285,710 |
Compensation of current officers, directors, key employees. | $395,641 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $20,327,864 |
Pension plan accruals and contributions | $1,759,753 |
Other employee benefits | $4,423,857 |
Payroll taxes | $1,510,501 |
Fees for services: Management | $0 |
Fees for services: Legal | $69,028 |
Fees for services: Accounting | $61,955 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $60,000 |
Fees for services: Other | $630,605 |
Advertising and promotion | $109,625 |
Office expenses | $763,827 |
Information technology | $594,651 |
Royalties | $0 |
Occupancy | $2,063,280 |
Travel | $15,768 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $242,102 |
Interest | $16,627 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,145,271 |
Insurance | $286,197 |
All other expenses | $450,104 |
Total functional expenses | $48,086,877 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,988,487 |
Savings and temporary cash investments | $14,382,512 |
Pledges and grants receivable | $24,476,644 |
Accounts receivable, net | $130,997 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $390,040 |
Net Land, buildings, and equipment | $84,393,370 |
Investments—publicly traded securities | $9,130,028 |
Investments—other securities | $54,896,516 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $194,788,594 |
Accounts payable and accrued expenses | $3,361,246 |
Grants payable | $0 |
Deferred revenue | $3,502,543 |
Tax-exempt bond liabilities | $17,122,134 |
Escrow or custodial account liability | $12,420 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $27,000,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,677,872 |
Total liabilities | $52,676,215 |
Net assets without donor restrictions | $57,113,601 |
Net assets with donor restrictions | $84,998,778 |
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 | $194,788,594 |
Over the last fiscal year, we have identified 1 grants that Francis W Parker School has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Robin And Bill Levy Family Foundation Tr Deerfield, IL PURPOSE: CONTRIBUTION | $500 |
Beg. Balance | $70,029,374 |
Earnings | -$10,856,634 |
Admin Expense | $2,662,000 |
Net Contributions | $1,481,393 |
Ending Balance | $57,992,133 |
Organization Name | Assets | Revenue |
---|---|---|
Chicago Charter School Foundation Chicago, IL | $115,297,280 | $112,450,747 |
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Youth Connection Charter School Chicago, IL | $19,677,483 | $57,450,809 |
Latin School Of Chicago Chicago, IL | $156,636,530 | $50,037,538 |
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
Park Tudor Foundation Inc Indianapolis, IN | $62,976,373 | $33,968,467 |
Christian Academy Of Louisville Inc Louisville, KY | $31,042,976 | $28,033,644 |