Hales Franciscan High School
- Assets
- $8.0m
- Revenue
- $948.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 06/1993
- Data as of
- 06/2022
- EIN
- 36-3885315
Organization Overview
Hales Franciscan High School is located in Chicago, IL. The organization was established in 1993. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Hales Franciscan High School employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hales Franciscan High 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, Hales Franciscan High School generated $948.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 6 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A COMPETITIVE COLLEGE PREPARATORY EDUCATION AND CHARACTER BUILDING PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Daniels-Halisi President | OfficerTrustee | 40 | $90,000 |
John Blackburn Treasurer | OfficerTrustee | 1 | $0 |
Eric King Chairmandirector | OfficerTrustee | 1 | $0 |
FR Arthur Anderson Ofm Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,114 |
| Noncash contributions included in lines 1a–1f | $9,114 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,114 |
| Total Program Service Revenue | $115,392 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $823,864 |
| 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 | $948,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $233,083 |
| Compensation of current officers, directors, key employees. | $233,083 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,327 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $117,579 |
| Fees for services: Accounting | $3,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,919 |
| Information technology | $8,882 |
| Royalties | $0 |
| Occupancy | $113,643 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,277,296 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $294,974 |
| Insurance | $18,385 |
| All other expenses | $2,602 |
| Total functional expenses | $2,093,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $839,963 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $6,975,362 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $209,017 |
| Total assets | $8,024,342 |
| Accounts payable and accrued expenses | $95,000 |
| 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 | $7,739,471 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,977,420 |
| Total liabilities | $10,811,891 |
| Net assets without donor restrictions | -$2,787,549 |
| Net assets with donor restrictions | $0 |
| 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 | $8,024,342 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hales Franciscan High School has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Clare Foundation Chicago, IL PURPOSE: DONATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wheaton Academy West Chicago, IL | $41,216,883 | $18,989,425 |
Lexington School Inc Lexington, KY | $82,981,335 | $20,273,926 |
Westminster Christian Academy Association Town Country, MO | $72,930,151 | $20,133,441 |
Barstow School Kansas City, MO | $36,041,263 | $20,616,227 |
St Johns Northwestern Military Academy Inc Delafield, WI | $17,393,633 | $8,781,742 |
Trinity Schools Inc South Bend, IN | $7,029,834 | $13,749,929 |
Conserve School Corporation Land O Lakes, WI | $44,507,562 | $11,154,750 |
North Lawndale College Preparatory Charter High School Chicago, IL | $2,962,197 | $11,158,791 |
Whitfield School Inc Saint Louis, MO | $28,107,434 | $12,277,432 |
National Federation Of State High School Associations Indianapolis, IN | $27,763,480 | $13,615,729 |
Chicago High School For The Arts Chicago, IL | $2,941,878 | $11,358,918 |
Illinois High School Association Bloomington, IL | $9,005,242 | $12,463,504 |