Chicago School For Piano Technology Nfp in Chicago, Illinois (IL)

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Chicago School For Piano Technology Nfp
Employer Identification Number (EIN)271520885
Name of OrganizationChicago School For Piano Technology Nfp
In Care of NameOksana Revenko-Jones
Address2041 W Carroll Ave, Chicago, IL 60612-1630
SubsectionEducational Organization
Ruling Date06/2010
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$39,022
Amount of Income$155,342
Form 990 Revenue Amount$144,342
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Vocational, Technical Schools


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Amount of income in 2013: $155,342 (it was $214,642 in 2012)
This organization: 

 $155,342
Other organizations performing similar types of work: 

 $180,438

Assets in 2013: $39,022 (it was $46,777 in 2012)
Chicago School For Piano Technology Nfp: 

 $39,022
Other organizations performing similar types of work: 

 $100,732

Expenses in 2013: $155,939
This organization: 

 $155,939
Other organizations performing similar types of work: 

 $172,661

Income to expenses ratio in 2013: 1.0
Chicago School For Piano Technology Nfp: 

 1.0
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2013: 12.0%
Chicago School For Piano Technology Nfp: 

 12.0%
Other organizations performing similar types of work: 

 47.2%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$144,342
Contributions, gifts, grants, and similar amounts received$17,273
Program service revenue including government fees and contracts$116,063
Membership dues and assessments$0
Investment income$6
Gain/Loss from sale of assets other than inventory$11,000
Gross amount from sale of assets other than inventory$22,000
Less: cost or other basis and sales expenses$11,000
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$155,939
Total net assets$12,472
Excess/Deficit for the year$-11,597
Net assets or fund balances at beginning of year$24,069
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$12,472
Balance Sheets
201120122013
Total assets$58,512$46,777$39,022
Total liabilities$24,791$22,708$26,550
Net assets or fund balances$12,472
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?Yes
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Umoja Student Development Corporation2935 W Polk St, Chicago, IL 60612-3904IL1999-07$1,962,378
2Illinois Careerpath Institute222 Merchandise Mart Plaza Ste 4-12, Chicago, IL 60654-1103IL2009-05$462,163
3Mechanics Local 701 Training Fund, Local 701450 Gundersen Dr, Carol Stream, IL 60188-2414IL2011-03$426,871
4Lawrence County Vocational Technical Center1513 13th St, Lawrenceville, IL 62439-2631IL2010-01$309,223
5Elim Outreach Training Center Inc1820 Ridge Road Suite 300-301, Homewood, IL 60430-1760IL2014-08$253,151
6Studio Mechanics Local 476 Training Fund6309 N Northwest Highway, Chicago, IL 60631IL2010-04$246,375
7Chicago School For Piano Technology Nfp2041 W Carroll Ave, Chicago, IL 60612-1630IL2010-06$155,342
8We The People Media Inc4859 S Wabash Ave, Chicago, IL 60615-1008IL2000-05$95,651
9United Union Of Roofers Waterproofers & Allied WorkersPo Box 13426, Springfield, IL 62791IL2009-01$57,674
10Superior I D E A Inc6744 S Peoria St, Chicago, IL 60621-1822IL2001-07$26,358
11Bauhaus Woodshop Nfp6525 N Clark St, Chicago, IL 60626IL2008-10$0
12Black Pipe Fitters Coalition Inc26506 S Ridgeland Ave, Monee, IL 60449-9356IL2010-11$0
13Challenge Foundation Incorporated3138 W Cermak Rd, Chicago, IL 60623-3306IL1999-09$0
14Chicago Communiversity For Vocational Training11701 S State Street, Chicago, IL 60628-5507IL2014-12$0
15Cornerstone Vocational Center Nfp1015 S Matthew 1015 S Matthew, Poeria, IL 61605IL2007-10$0
16Enhancement Organization Of Olympia FieldsPo Box 207, Olympia Fields, IL 60461IL2012-01$0
17Harris Educatioal Center, The Center14833 La Salle St, Dolton, IL 60419-1423IL2011-06$0
18Harvey Technology Center Inc, Etc1645 W Ogden Ave Unit 408, Chicago, IL 60612-4372IL2004-07$0
19Ibew Neca Nonprofit Educational Training Organization6201 West 115th Street, Alsip, IL 60803IL2014-02$0
20Illinois Health & Human Services Incorporated17569 Kedzie Ave, Hazel Crest, IL 60429-2007IL2001-05$0
Number of organizations performing similar types of work
Alaska5
Alabama12
Arkansas5
Arizona18
California129
Colorado21
Connecticut7
District of Columbia10
Delaware3
Florida39
Georgia36
Hawaii5
Iowa13
Idaho14
Illinois52
Indiana29
Kansas6
Kentucky5
Louisiana22
Massachusetts21
Maryland27
Maine6
Michigan29
Minnesota15
Missouri20
Mississippi8
Montana3
North Carolina27
North Dakota3
Nebraska3
New Hampshire6
New Jersey35
New Mexico9
Nevada14
New York54
Ohio46
Oklahoma7
Oregon15
Pennsylvania42
Rhode Island3
South Carolina9
Tennessee12
Texas75
Utah11
Virginia23
Vermont4
Washington20
Wisconsin18
West Virginia3
Wyoming2
International10
Total1,011

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