Field School
- Assets
- $6.1m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 55
- Location
- Chicago, IL
- Founding
- 07/2016
- Data as of
- 07/2023
- EIN
- 81-2218513
Organization Overview
Field School is located in Chicago, IL. The organization was established in 2016. 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 07/2023, Field School employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Field 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 07/2023, Field School generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 54.3% each year . All expenses for the organization totaled $5.9m during the year ending 07/2023. While expenses have increased by 55.1% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FIELD SCHOOL IS A DIVERSE, CLASSICAL SCHOOL THAT FEEDS THE HEARTS AND MINDS OF CHILDREN THROUGH RIGOROUS STUDY ROOTED IN A CHRIST-CENTERED ENVIRONMENT. STUDENTS GROW INTELLECTUALLY, SOCIALLY AND SPIRITUALLY, DEEPENING THEIR PASSION FOR LIFELONG LEARNING, SELFLESS SERVICE, AND A DESIRE FOR LASTING RELATIONSHIPS AMID DIVERSE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FIELD SCHOOL IS A DIVERSE CLASSICAL SCHOOL THAT FEEDS THE HEARTS AND MINDS OF CHILDREN THROUGH RIGOROUS STUDY ROOTED IN A CHRIST-CENTERED ENVIRONMENT. STUDENTS GROW INTELLECTUALLY, SOCIALLY AND SPIRITUALLY, DEEPENING THEIR PASSION FOR LIFELONG LEARNING, SELFLESS SERVICE, AND A DESIRE FOR LASTING RELATIONSHIPS AMID DIVERSE COMMUNITY. THE SCHOOL PROVIDED LEARNING FOR 230 STUDENTS, OF VARIOUS BACKGROUNDS, FROM PRE-KINDERGARTEN THROUGH FIFTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daisey Dowell Chairman | OfficerTrustee | 2 | $0 |
Jeff Mccall Vice-Chair | OfficerTrustee | 2 | $0 |
Dana Cooper Treasurer | OfficerTrustee | 2 | $0 |
Phil Nussbaum Secretary | OfficerTrustee | 2 | $0 |
Adrienne Otkins Director | Trustee | 1 | $0 |
Cortland Armstrong Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $251,600 |
| Related organizations | $0 |
| Government grants | $472,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,884,812 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,609,329 |
| Total Program Service Revenue | $4,006,605 |
| Investment income | $7,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,875 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$20,660 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,612,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,837,384 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,499 |
| Compensation of current officers, directors, key employees. | $9,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,722,978 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $185,554 |
| Payroll taxes | $123,792 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,712 |
| Fees for services: Accounting | $30,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,175 |
| Advertising and promotion | $12,400 |
| Office expenses | $52,460 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $451,786 |
| Travel | $37,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,554 |
| Insurance | $41,961 |
| All other expenses | $0 |
| Total functional expenses | $5,931,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $840,417 |
| Savings and temporary cash investments | $1,505,495 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,052 |
| 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 | $42,957 |
| Net Land, buildings, and equipment | $270,053 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,445,686 |
| Total assets | $6,111,660 |
| Accounts payable and accrued expenses | $71,811 |
| Grants payable | $0 |
| Deferred revenue | $256,827 |
| 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 | $3,256,399 |
| Total liabilities | $3,585,037 |
| Net assets without donor restrictions | $1,026,318 |
| Net assets with donor restrictions | $1,500,305 |
| 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 | $6,111,660 |