2024-01-16T08:19:09-06:00 2023-06-30 390758449 WIPFLI LLP 2501 W BELTLINE HWY STE 401 MADISON WI 53713 990 2022-07-01 390930993 THE COVE SCHOOL INC COVE 8475622100 350 LEE ROAD NORTHBROOK IL 60062 SALLY SOVER EXECUTIVE DIRECTOR 8475622100 2023-11-17 1 SALLY SOVER 999009999 0 QUINN DUGAN P02267768 6082741980 2023-11-17 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SALLY SOVER 350 LEE ROAD NORTHBROOK IL 60062 12972792 0 X WWW.COVESCHOOL.COM X 1948 IL PROVIDES INDIVIDUALIZED EDUCATION FOR CHILDREN WITH LEARNING DISABILITIES. 19 19 155 106 0 0 852264 2304247 9420320 10438426 8189 8494 81565 -53245 10362338 12697922 85500 76126 0 0 8327533 8667456 0 0 423801 1932891 2277843 10345924 11021425 16414 1676497 12796735 14902388 2671899 2979026 10124836 11923362 X DAY SCHOOL THAT PROVIDES HIGHLY INDIVIDUALIZED EDUCATION AND LIFE STRATEGIES FOR CHILDREN WITH LEARNING DISABILITIES. 1 0 9305475 76126 10438426 DAY AND SUMMER SCHOOL TRAINING OF LEARNING-DISABLED CHILDREN. THERE WERE APPROXIMATELY 160 (160.86 FTE'S) STUDENTS AT THE COVE SCHOOL AND 8 (8.2 FTE'S) AT THE CAREER CENTER DURING THE SCHOOL YEAR (176 DAYS) AND 141 (116.16 FTE'S) STUDENTS DURING SUMMER SCHOOL AT THE COVE SCHOOL (25 DAY). THERE WAS NO SUMMER SCHOOL THIS YEAR AT THE COVE CAREER CENTER. 9305475 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 155 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 1 0 IL X STACY POST 8475622100 350 LEE ROAD NORTHBROOK IL 60062 LISA FLANAGAN SEC/CHAIR, COMM ON TRUSTEES 1.00 X X 0 0 0 ELAN PERETZ PRESIDENT 1.00 X X 0 0 0 ROB FLANAGAN VP/CHAIR, ADV. COMMITTEE 1.00 X X 0 0 0 JAY GOODGOLD TREASURER/CHAIR - FINANCE COMMITTEE 1.00 X X 0 0 0 DAN COLLINS TRUSTEE 1.00 X 0 0 0 GREGG BERMAN TRUSTEE 1.00 X 0 0 0 JASON CUNDIFF TRUSTEE 1.00 X 0 0 0 HOWARD ELLEN TRUSTEE 1.00 X 0 0 0 JOE FEDACSEK TRUSTEE 1.00 X 0 0 0 JOE GLUNZ TRUSTEE 1.00 X 0 0 0 COURTNEY JACK TRUSTEE 1.00 X 0 0 0 DEBRA JOHNSON TRUSTEE/CHAIR - MARKETING 1.00 X 0 0 0 MAUREEN KLATT TRUSTEE 1.00 X 0 0 0 RYAN LIEBERMAN TRUSTEE 1.00 X 0 0 0 MATTHEW REGAN TRUSTEE 1.00 X 0 0 0 ERIK SCHEIER TRUSTEE 1.00 X 0 0 0 LINHARD STEPF TRUSTEE 1.00 X 0 0 0 ANDY TINUCCI TRUSTEE/CHAIR - FACILITIES COMM 1.00 X 0 0 0 CHRISTINE WIEDMAYER TRUSTEE 1.00 X 0 0 0 SALLY SOVER EXECUTIVE DIRECTOR 40.00 X 276661 0 28892 STACY POST DIRECTOR OF FINANCE AND ADMIN 40.00 X 164595 0 26547 JAN MORGAN CLINICAL DIRECTOR 40.00 X 162311 0 2540 ALEXANDRA ARGENTAR DIRECTOR OF ADVANCEMENT 40.00 X 173170 0 18252 MARK DITTHARDT DIRECTOR OF ADMISSIONS 40.00 X 146034 0 13318 SUE TURNER SPEECH PATHOLOGIST 40.00 X 126673 0 31153 REGINA ANIOLOWSKI PRINCIPAL (ELEM/JH) 40.00 X 124330 0 3928 JOHN MARKICH BUILDING MANAGER 40.00 X 119876 0 10964 1293650 0 135594 8 0 1 0 0 714108 21266 1568873 173354 2304247 TUITION AND FEES 611110 10347525 10347525 STUDENT PROGRAM FEES 611110 90901 90901 10438426 20511 20511 12017 -12017 -12017 -12017 186599 714108 262853 -76254 -76254 22737 0 22737 22737 272 272 272 12697922 10438426 0 -44751 76126 76126 691333 624042 67291 6465436 5490679 646464 328293 64817 64817 935228 827161 74611 33456 510642 439215 49647 21780 9727 9727 52574 52574 191382 128845 56452 6085 16611 16611 189044 155639 27514 5891 425287 286385 129071 9831 3121 3121 75134 75134 461603 369282 73856 18465 114511 114511 SUPPLIES AND SERVICE 495214 495214 STUDENT PROGRAM FEES 98060 98060 BAD DEBT EXPENSE 95736 95736 PROFESSIONAL DEVELOPMEN 32715 32715 17124 11039 6085 11021425 9305475 1292149 423801 1353086 2004184 4834071 6229499 691727 1290179 1400925 726582 256378 280056 9410218 5595860 4089924 3814358 154379 16245 557530 12796735 14902388 838758 705636 8450 3600 1736499 2093839 88192 175951 2671899 2979026 X 8494466 9117349 1630370 2806013 10124836 11923362 12796735 14902388 1676497 122029 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 60000 60000 10961425 11021425 701071 175268 0 0 644820 675865 667296 701071 2689052 4033578 36000 36000 48000 60000 180000 161205 168966 166824 175268 672263 1008395 154380 4544 309 158615 154273 309 202 154380 156493 202 2307 115 154273 156575 2307 2159 230 156493 154879 2159 346 117 156575 0.00000 1.00000 0.00000 0 0 1000000 1000000 6735373 4515505 2219868 515299 111000 404299 1159546 969355 190191 3814358 FINANCE LEASE LIABILITY 175951 175951 12819951 122029 122029 12697922 0 12697922 11021425 0 11021425 0 11021425 PART V, LINE 4: THE INCOME FROM THE ENDOWMENT FUND IS TO BE USED TOWARDS SCHOLARSHIPS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 YES, THE ORGANIZATION'S RACIAL NONDISCRIMINATORY POLICY IS STATED ON ITS WEBSITE IN THE PARENT/STUDENT HANDBOOK TO MAKE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY BENEFIT 871860 714108 157752 78918 68601 5600 95612 5K 28472 28472 268 933 350 12536 1 375 375 35 900707 714108 186599 79186 933 68601 5950 108183 262853 -76254 22737 0 22737 22737 WI 1 0 0 0 0 0 1 SCHOLARSHIPS 9 76126 PART I, LINE 2: THE ORGANIZATION USED ANALYSIS DOCUMENTS FROM NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) BASED ON A STUDENT/PARENT APPLICATION PROCESS TO DETERMINE ELIGIBILITY. EACH FAMILY MUST FILL OUT A NEW APPLICATION EVERY YEAR. DECISIONS ARE BASED ON FINANCIAL NEED (DETERMINED FROM THE NAIS REPORTS). THE FUNDS THAT ARE AVAILABLE ARE FROM SCHOLARSHIP DONATIONS OBTAINED FROM THE PREVIOUS YEAR. THE GRANTS AND FUNDS DESIGNATED FOR SCHOLARSHIP ARE APPLIED TOWARDS THE RECIPIENTS TUITION. X X X 0 0 0 0 0 0 0 0 0 SALLY SOVER EXECUTIVE DIRECTOR 245858 0 20000 0 10803 0 15124 0 13768 0 305553 0 0 0 ALEXANDRA ARGENTAR DIRECTOR OF ADVANCEMENT 173170 0 0 0 0 0 1385 0 16867 0 191422 0 0 0 STACY POST DIRECTOR OF FINANCE AND ADMIN 152024 0 6000 0 6571 0 1624 0 24923 0 191142 0 0 0 JAN MORGAN CLINICAL DIRECTOR 162311 0 0 0 0 0 1591 0 949 0 164851 0 0 0 MARK DITTHARDT DIRECTOR OF ADMISSIONS 146034 0 0 0 0 0 1438 0 11880 0 159352 0 0 0 SUE TURNER SPEECH PATHOLOGIST 125673 0 1000 0 0 0 1426 0 29727 0 157826 0 0 0 PART I, LINE 3 COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE. X 3 35971 FAIR MARKET VALUE X AUCTION PACKAGES 150 137383 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE ACTUAL NUMBER OF CONTRIBUTORS IN COLUMN B. FORM 990, PART III, LINE 2 THE COVE CAREER CENTER WAS ESTABLISHED AND OPENED IN AUGUST 2022 PROVIDING SERVICES FOR 18-22 YEAR OLDS (THE COVE SCHOOL IS K-12TH GRADE) FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP - ROB FLANAGAN (VICE PRESIDENT) AND LISA FLANAGAN (SECRETARY) FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 (EXCLUDING SCHEDULE B NAMES OF DONORS) IS MADE AVAILABLE TO ALL BOARD MEMBERS AND A COMPLETE COPY OF THE FORM 990 IS EMAILED TO EACH MEMBER OF THE FINANCE COMMITTEE FOR THEIR REVIEW AT THE COMMITTEE MEETING. QUESTIONS OR CONCERNS THAT ANY MEMBER OF THE FINANCE COMMITTEE HAVE ARE DIRECTED TO THE DIRECTOR OF FINANCE AND ARE ADDRESSED BEFORE THE FORM 990 IS FILED. THE 990 IS PROVIDED TO THE FINANCE COMMITTEE, BUT NOT THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S PRACTICE FOR MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DEALING WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST IS THAT THE BOARD OF TRUSTEES ARE ASKED TO SIGN THE POLICY EVERY YEAR. IF A POTENTIAL CONFLICT OF INTEREST ARISES, IT IS DISCLOSED TO THE BOARD OF TRUSTEES. IF IT IS DEEMED TO BE A CONFLICT, THE INDIVDUAL SHALL NEITHER VOTE NOR USE PERSONAL INFLUENCE ON THE MATTER, NOR SHALL THE INDIVIDUAL BE INVOLVED DURING ANY RELATED DISCUSSIONS ON THE MATTER. THE MINUTES OF ALL ACTIONS TAKEN ON SUCH MATTERS CLEARLY REFLECT THE CONTEXT OF THIS SITUATION. FORM 990, PART VI, SECTION B, LINE 15B LINE 15A: THIS QUESTION IS ANSWERED NO BECAUSE THE COMPENSATION PROCESS FOR EXECUTIVE DIRECTOR DOES NOT INCLUDE COMPARABILITY DATA. IN JUNE 2023, THE EXECUTIVE COMMITTEE MET TO DISCUSS THE PERFORMANCE AND RECOMMENDED SALARY FOR THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE REVIEWED AND APPROVED THE AMOUNTS. A LETTER STATING THE INCREASE APPROVED BY THE EXECUTIVE COMMITTEE WAS SENT TO THE DIRECTOR OF FINANCE FOR DOCUMENTATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES TO THE AUDIT SELECTION PROCESS FROM THE PRIOR YEAR.