CICS 2012 Annual Report

CHICAgoInternAtIonALCHArter sCHooL

AnnUALrePort

WHERE WE ARE

CICS AVALON1501 EAST 83RD PLACE

CICS BASIL1816 WEST GARFIELD BLVD.

CICS BUCKTOWN2235 NORTH HAMILTON AVENUE

CICS CHICAGOQUEST1443 N. OGDEN AVENUE

CICS IRVING PARK3820 NORTH SPAULDING DRIVE

CICS LARRY HAWKINS801 EAST 133RD PLACE

CICS LLOYD BOND13300 SOUTH LANGLEY AVENUE

CICS LONGWOOD1309 WEST 95TH STREET

CICS LOOMIS9535 SOUTH LOOMIS STREET

CICS NORTHTOWN ACADEMY3900 WEST PETERSON AVENUE

CICS PRAIRIE11530 SOUTH PRAIRIE AVENUE

CICS RALPH ELLISON1817 WEST 80TH STREET

CICS WASHINGTON PARK6105 SOUTH MICHIGAN AVENUE

CICS WEST BELDEN2245 NORTH MCVICKER AVENUE

CICS WRIGHTWOOD8130 SOUTH CALIFORNIA AVENUE

CICS PATRIOTS615 SOUTH 5TH STREET, ROCKFORD

ACADEMIC STUDENT PERFORMANCE SUMMARY

CICS ELEMENTARY

SCHOOLSUMMARY

STATISTICS NWEA GROWTH INDEX

NA

TIO

NA

L A

VE

RA

GE

(55

TH

PE

RC

EN

TIL

E)

50 75 100

2012490 =READING: 1.5 GI

450 =MATH: 2.5 GI

75

74

NA

TIO

NA

L A

VE

RA

GE

(55

TH

PE

RC

EN

TIL

E)

50 75 100

2011810 =READING: 2.2 GI

450 =MATH: 2.5 GI

87

74

NA

TIO

NA

L A

VE

RA

GE

(55

TH

PE

RC

EN

TIL

E)

50 75 100

2010850 =READING: 3.3 GI

790 =MATH: 3.3 GI

96

84

CICS HIGHSCHOOL

GRADUATION RATE

5-YEAR COHORT � ��88%2012

CPS 5-YEAR COHORT GRADUATION RATE: 57% EXCLUDES SELECTIVE ENROLLMENT

60 +720

78%MET OR

EXCEEDED ISAT STANDARDS

CPS COMPOSITE: 72.5%

INCLUDES ELL, EXCLUDES SELECTIVE ENROLLMENT

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

1

2

3

4

5

67

89

10

11

12

13

14

15

16

2012 CICS COLLEGE

ENROLLMENT RATE 69%

CICS AVALON421 STUDENTS K–8 | OPENED 08/2005

� LOW INCOME � 93%

680 +80 =

550 +10 =550 +110 =

ISAT COMPOSITECPS NEIGHBORHOOD COMPOSITE 68%

NATIONAL AVERAGE 55%

76%

56%

66%

NWEA READING

NWEA MATH

MEET OR EXCEED STANDARDS

MEET TARGET

MEET TARGET

NWEA GROWTH INDEX AS COMPARED WITH NATIONAL PERFORMANCEPERCENTILES

25TH 50TH 75TH

RE

AD

ING

0.1

MA

TH

1.8

CICS BASIL730 STUDENTS K–8 | OPENED 08/2002

� AFRICAN-AMERICAN & LATINO

LOW INCOME �

100%98%

620 +80 =

540 +10 550 +60 =



70%

54%

61%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

0.1

MA

TH

1.7

CICS BUCKTOWN667 STUDENTS K–8 | OPENED 08/1997

� LOW INCOME �

97%82%

740 +100 =

550 +90 =550 +150 =



84%

64%

70%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

3.4

MA

TH

4.1

CICS IRVING PARK517 STUDENTS K–8 | OPENED 08/2007

� LOW INCOME �

85%70%

790 +130 =

550 +30 =550 +100 =



92%

58%

65%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

MA

TH

2.5

CICS LLOYD BOND346 STUDENTS K–6 | OPENED 08/2009

� AFRICAN-AMERICAN

LOW INCOME � 100% 99%

580 +50 =

550 +70 =550 +110 =



63%

62%

66%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

1.1

MA

TH

2.0

CICS LONGWOOD934 STUDENTS 3–8 | OPENED 08/1997


790 +0=

550 =550 +20 =



79%

55%

57%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75THR

EA

DIN

G

0.6

MA

TH

0.6

CICS PRAIRIE404 STUDENTS K–8 | OPENED 08/1998


700 +20 =

550 +100 =550 +90 =



72%

65%

64%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

3.3M

AT

H

2.6

CICS WASHINGTON PARK447 STUDENTS K–8 | OPENED 08/2000


600 +80 =

510 +40 550 +110 =



68%

51%

64%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

0.4

MA

TH

2.6

CICS WEST BELDEN500 STUDENTS K–8 | OPENED 08/2002


710 +170 =

550 +160 =550 +280 =



88%

71%

83%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

4.4

MA

TH

6.4

ELEMENTARY ACADEMIC STUDENT PERFORMANCE 2011-2012

AFRICAN-AMERICAN,

LATINO, ASIAN

AFRICAN-AMERICAN

& LATINO

AFRICAN-AMERICAN

& LATINO

AFRICAN-AMERICAN

& LATINO

AFRICAN-AMERICAN

& LATINO

AFRICAN-AMERICAN

& LATINO

100%

100%

100%

99%

RE

AD

ING

1.6

AFRICAN-AMERICAN

& LATINO

99%

GLOBAL CITIZENSHIP EXPERIENCE (GCE)1535 N DAYTON STREET | 9-12COLLABORATION EST. 09/2012GLOBALCITIZENSHIPEXPERIENCE.COM

CICS has collaborated with GCE, a partnership which features a School-within-a-School pilot that serves a cohort of students and their families who were languishing on the CICS waiting list. Today, these students are paving the way for a long-term partnership between GCE and CICS.

This, our fi rst, courageous cohort of students reaps the benefi ts and demonstrates the success of GCE’s innovative and relevant pedagogical models founded on the principles of global citizenship that are aligned with the Common Core State Standards (skills) and UN Millennium Development Goals (values). As our new CICS students are discovering, GCE aims to transform public education by cultivating graduates who are global citizens —demonstrating purpose, autonomy, accountability, gratitude, and through each of these, achievement.

We invite you to learn more about the CICS/GCE students who explore integrated curriculum taught through inquiry and project-based learning. Please schedule your visit to GCE HS, host our students on fi eld experience, or interact with these students on their digital portfolios that they curate on GCEVoices.com.

CICS LARRY HAWKINS426 STUDENTS 7-12OPENED 09/2010

Named by community members to honor the life of Dr. Larry Hawkins, a prominent advocate for Chicago youth. The opening of CICS Lloyd Bond and CICS Larry Hawkins provides a K-12 continuum for residents in and around the Altgeld Gardens neighborhood. CICS Larry Hawkins believes that all children should be provided the same opportunities to learn and that all students, when properly supported, can learn. CICS Larry Hawkins believes in providing a safe, nurturing environment in which students can grow intellectually, socially and emotionally.

19% SC

OR

ED

>

20

ON

AC

T

43% SC

OR

ED

>

20

ON

AC

T

20% SC

OR

ED

>

20

ON

AC

T

17 AV

ER

AG

E

AC

T S

CO

RE

19.3 AV

ER

AG

E

AC

T S

CO

RE

17.1 AV

ER

AG

E

AC

T S

CO

RE

85% 5-Y

R C

OH

OR

T

GR

AD

UA

TIO

N R

AT

E

96% 5-Y

R C

OH

OR

T

GR

AD

UA

TIO

N R

AT

E

83% 5-Y

R C

OH

OR

T

GR

AD

UA

TIO

N R

AT

E

CPS AVERAGE* 16.5 CPS AVERAGE* 16.5 CPS AVERAGE* 16.5CPS AVERAGE 57% CPS AVERAGE 57% CPS AVERAGE 57%

CICS LONGWOOD538 STUDENTS 9–12 | OPENED 08/1997

CICS NORTHTOWN ACAD832 STUDENTS 9–12 | OPENED 08/2003

CICS RALPH ELLISON532 STUDENTS 9–12 | OPENED 08/2006

COLLEGE ACCEPTANCE RATE COLLEGE ACCEPTANCE RATE COLLEGE ACCEPTANCE RATE

95% 85% 93%

� � � AFRICAN-AMERICAN

LOW INCOME

LOW INCOME

LOW INCOME� � � 100% 85% 76% 80%

HIGH SCHOOL ACADEMIC STUDENT PERFORMANCE 2011-2012

CICS WRIGHTWOOD692 STUDENTS K–8 | OPENED 08/2005


710 +120 =

490 +60 550 +40 =



82%

49%

59%

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

0.5

MA

TH

1.4

CICS LOOMIS PRIMARY577 STUDENTS K–2 | OPENED 08/2008


550 =

550 =550 =

ISAT COMPOSITENOT APPLICABLE

NOT APPLICABLE

N/A

N/A

N/A

NWEA READING

NWEA MATH


MEET TARGET

MEET TARGET


25TH 50TH 75TH

RE

AD

ING

2.2

MA

TH

3.2

CICS ChicagoQuest serves students in grades 6-8 and will open a new grade each subsequent year. CICS Chicago-Quest is a revolutionary charter school where middle- and high-school students are challenged and engaged with a curriculum based on principles of digital learning and game design. CICS ChicagoQuest is designed to prepare its students for college, career, and sophisticated participation in an evolving world.

CICS CHICAGO QUEST220 STUDENTS 6–8OPENED 09/2011

CICS Patriots serves students in grades K-6 and will open a new grade each subsequent year. This is CICS’s fi rst campus outside of Chicago. CICS Patriots focuses on data-informed decision making to best meet the needs of all students. Director Amanda Rychel has been educating students in CICS Schools for the past 8 years, and is focused on providing a high-quality education to prepare students for college and beyond.

CICS PATRIOTS349 STUDENTS K–6OPENED 08/2010

AFRICAN-AMERICAN

& LATINO

93%

AFRICAN-AMERICAN

& LATINO

100%

CICS NEW CAMPUS BACKGROUND

AFRICAN-AMERICAN

& LATINO

100%75%

*THIS FIGURE DOES NOT INCLUDE SELECTIVE ENROLLMENT SCHOOLS

AFRICAN-AMERICAN,

LATINO, ASIAN

YEARS ENDING JUNE 30, 2012 JUNE 30, 2012 JUNE 30, 2011

REVENUEChicago Public Schools

Per Capita Revenue & Other Funds 71,183,924 67,069,861

Special Services 5,928,918 5,438,054

Grant Commitments & Other Contributions 6,994,282 3,649,409

Investment Income 95,557 225,000

School Lunch Program (Longwood Campus) - 141,553

Other 3,564,305 1,465,451TOTAL REVENUE 87,766,986 77,989,328

EXPENSESOperating Funds to EMOs 66,718,491 62,604,770

Longwood Campus Expenses - -

Administrative Expenses 2,762,982 2,141,091

Facility Maintenance & Capital Expenses 1,094,602 858,871

Rent, Utilities & Property Taxes 3,031,023 1,494,092

Debt Service 2,447,302 2,482,730

Grant Expense 2,292,370 2,420,484

Insurance Expense 199,861 174,404

Direct Campus Expenses - 78,145

Depreciation & Amortization 3,316,732 2,660,191

TOTAL EXPENSES 81,863,362 74,914,778

CHANGE IN NET ASSETS 5,903,624 3,074,550

820

+

80 + 40 + 30 + 30 +

0+082% OPERATING FUNDS TO EMOs

8%FACILITIES EXPENSES

4%DEPRECIATION & AMORTIZATION

3%ADMINISTRATIVE EXPENSES

3%GRANT EXPENSE

<1%INSURANCE EXPENSEDIRECT CAMPUS EXPENSES

810

+

80 + 70 + 40

+081% PER CAPITA REVENUE & OTHER FUNDS

8%GRANT COMMITMENTS & OTHER CONTRIBUTIONS

7%SPECIAL SERVICES

4%OTHER

<1% INVESTMENT INCOME

REVENUE FY2012 EXPENSES FY2012

STATEMENT OF ACTIVITIES


ASSETS Cash 7,611,467 3,815,729

Accounts Receivable 5,325,460 2,707,877

Investments 7,734,393 12,561,783

Prepaids 220,117 170,691

Other Current Assets 6,590,943 7,160,032

Fixed Assets 50,169,661 47,031,754

Other Non Current Assets 659,388 645,527TOTAL ASSETS 78,311,430 74,093,392

LIABILITIESAccounts Payable 1,499,674 73,765

Accrued Liabilities 3,359,325 4,989,130

Loans Payable—Current 331,003 331,003

Other Current Liabilities 485,102 560,382

Notes Payable 300,262 540,262

Bond Payable 48,493,758 49,552,447TOTAL LIABILITIES 54,469,123 56,046,989

NET ASSETS Board Designated 309,077 931,953

Operating Surplus/Loss 23,533,230 17,114,451

TOTAL NET ASSETS 23,842,307 18,046,403

TOTAL LIABILITIES AND NET ASSETS 78,311,430 74,093,392

Note: 2012 fi gures are based on CICS’s unaudited fi nancial statements for the year ended June 30, 2012. Once the independent audits have been prepared, a complete copy of those statements is available by contacting CICS.

� ��

64%FIXEDASSETS

10%INVESTMENTS

10%CASH

8%OTHER CURRENT ASSETS

7% ACCOUNTS RECEIVABLE

1% OTHER NON- CURRENTASSETS

� �� 0% PREPAIDS

ASSETS FY2012

� ��

89%BONDPAYABLE

6%ACCRUEDLIABILITIES

3%ACCOUNTSPAYABLE

1%LOANSPAYABLE: CURRENT

1% OTHER CURRENTLIABILITIES

0% NOTESPAYABLE

LIABILITIES FY2012

BALANCE SHEET


CASH FLOWS FROM OPERATING ACTIVITIES Change in Net Assets 5,903,624 2,758,277

Adjustments to reconcile net earnings to

net cash provided by operating activities:

Depreciation and amortization 3,321,712 2,660,191

Forgiveness of Debt & Bad Debt Expense (240,000) (253,763)

Loss on sale of investments (6,000) 38

Loss on disposition of fi xed assets (98,071) -

Fair Market Value Adjmt. on Investments 82,199 33,071

Change in current assets and liabilities:

Accounts & Grants Receivable (2,617,583) (969,982)

Interest Receivable (124,453) 9,123

Deposits & Prepaid Expenses (35,775) (40,360)

Proceeds from Insurance 111,425

Accounts Payable and Accrued Expenses (311,617) 2,927,405

Deferred Rent & Deferred Liability (75,281) 39,839CASH PROVIDED BY OPERATING ACTIVITIES 5,910,180 7,163,839

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of securities (12,538,366.46) (50,996,644.27)

Amortization of investment premium/discount 180,426.00 1,239.40

Proceeds from sale of securities 17,329,851.34 43,676,929.46

Expenditures for assets not in service (13,860.78) 417,996.47

Purchase of Property & Equipment 111,424.55 (603,613)

Capitalized Expenditure (6,576,382.91) (4,871,163.72)CASH USED IN INVESTING ACTIVITIES (1,506,908) (11,771,643)

CASH FLOWS FROM FINANCING ACTIVITIES Bond Interest Income (152,461) (157,941)

Transfer of Cash: Bond Repair & Replacement Reserve 343,520) (400,000)

Proceeds from IFF Loan & Loan Costs (81,470) 218,625

Bond Interest Payments (760,620) (747,079)

Capital Improvement Projects 730,538 270,442CASH PROVIDED BY FINANCING ACTIVITIES (607,533) (815,953)

INCREASE (DECREASE) IN CASH 3,795,739 (5,423,757)

Anne and Bill Tobey have been invaluable

friends and supporters of Chicago Interna-

tional Charter School with a demonstrated

passion for education equality and the CICS

mission. In addition to his support of CICS,

Bill is also active in his support of the Daniel

Murphy Scholarship Foundation and various

cultural institutions in Chicago. Splitting their

time between Chicago and Colorado, Anne

and Bill are also dedicated to their support

of Aspen Public Radio, The Aspen Commu-

nity Foundation, the Pre-Collegiate Program,

English in Action, and the Aspen Institute.

The Tobeys’ relationship with CICS began

through Bill’s involvement on the board of

directors at The Daniel Murphy Scholarship

Fund (DMSF). At DMSF, Bill met individuals

who were also active with Chicago Inter-

national Charter School and learned about

a CICS initiative to expand access to 21st

Century Technology in the classroom.

He saw that CICS was moving the dial.

“I can’t help but believe that all the things

you’re doing is making things better than

the norm for public education.”

His reasons for deciding to support CICS

were much like those that brought him to

DMSF in the fi rst place. Much like DMSF,

CICS is also providing high-quality education

options for underserved students and fami-

lies. Bill has stated that he, “support(s) edu-

cation because unequal opportunities exist.

When students have a poor start it deprives

us of great minds in the future. We need to

reach for every mind that we can. We can’t

afford to not do something.” Bill also sees

the advantages in the ability of charters to

try new ideas and replicate those which are

found to be successful. “With new ideas it’s

not the same top-down approach. And when

ideas do work, they’ll spread.”

Bill would like to see a day when the norm

for public education is excellence. “When I

joined Daniel Murphy I asked them: Is your

objective to go out of business? You should

be able to reach the point where you don’t

have to provide scholarships anymore,

because public education is doing the job it

should.” Anne and Bill truly personify the be-

lief that providing a quality education for all

students is really an investment in the future

of our city, and for that, everyone at Chicago

International Charter School is truly grateful.

FUNDER PROFILE | ANNE & BILL TOBEY

STATEMENT OF CASH FLOW

$100,000 and aboveCharter School Growth Fund

Michael & Susan Dell Foundation

John D. & Catherine T. MacArthur Foundation

New Schools for Chicago

Walton Family Foundation

$10,000- $99,999The Broad Center

Children’s Inner City Educational Fund

Susan Crown

Patty & Craig Henderson

Illinois Clean Energy Foundation Grant Program

The Mayer & Morris Kaplan Family Foundation

Mr. & Mrs. Michael Keiser Donor Advised Fund at The Chicago Community Trust

Anne & Bill Tobey

$5,000- $9,999Carol Lavin Bernick Family Foundation

Martin & Mary L. Boyer Foundation

Bob & Pamela Delaney

Philip & Regan Friedmann

The Lowe’s Charitable and Educational Foundation

National Center For Philanthropy

Mr. & Mrs. Roger Nelson

$1,000- $4,999Accenture

Lorraine Arvin

Fred Blesi

Chicago Foundation for Education

Debbie & David Chizewer

Tim & Allison Coleman

Gorter Family Foundation

Catherine & Richard Gottfred

Brian Lee

Vivian Lee

Anne Matz

Roger S. McEniry

Mr. Richard J. Metzler

Thomas Nieman

ORBA, Certifi ed Public Accountants and Consultants, Jim Quaid, Director

Pass with Flying Colors

Ms. Rebecca Steffes

Laura Thonn

$500- $999Anonymous (2)

John A. Bollero Jr.

Ben Crist

Phil Dodson

DonorsChoose.org

Nancy Gidwitz & Jeff Grossman

Oppenheimer Family Foundation

Tom Spalding

Janet W. Nieman

The Joseph Valenti Jr. Family Foundation

$250- $499The Adikes Family Foundation

Violet and Anthony Clark

Ms. Pamela J. Flowers-Thomas

Tom Hayden

Deborah Monson

Target Foundation

$100- $249Anonymous

Academy of Our Lady Alumnae Association

Donnet Downer-Thomas

Isabel’s Bowl for Hope

Naomi Maldonado

Homi B. Patel

Ben and Ginevra Ranney

Robert W. Thomas

Patricia & John Zeeman

up to $100Anonymous

Vince Campise

Dunbar Alumni Class of 1980

Mary E. Gleason

Jewell Hamilton

Victor & Beverly Horne

Anne Kerr

Audrey & Michael Lang

Hagai Livni

Richarlena Mary-Taylor

Pamela McCarthy

Nelson Montanez

Tonya K. Myers

Martha Polley

Brooke Proto

Katherine Reing

Henry & Peggy Troast

Myrtle Terrell

Al Wordlaw

In Kind ContributionsAlternative Garden Supply

Education Pioneers

Glencoe PTO

Goldberg Kohn

Craig Henderson & Associates

Pass With Flying Colors & Discovery Clothing

DonorsChoose.org

Illinois Department of Natural Resources

Matching Gift CompaniesThe Boston Consulting Group

Illinois Tool Works Foundation

Nuveen Investments Inc.

PwC

Board of DirectorsLorraine J. Arvin

David J. Chizewer President

Violet M. Clark

Catherine H. Gottfred, PhD

Tom Hayden

Craig W. Henderson Vice President

Gerald L. Jenkins

Alberta Johnson

Thomas J. Nieman Secretary

Laura Thonn Treasurer

BOLD DENOTES FOUNDING BOARD MEMBERS

THANKS TO ALL WHO GAVE GENEROUSLY THIS YEAR

Documents

CICS 2012 Annual Report