Porta Community Unit School District No 202 Foundation in Petersburg, Illinois (IL)

Porta Community Unit School District No 202 Foundation
Employer Identification Number (EIN)	371191935
Name of Organization	Porta Community Unit School District No 202 Foundation
In Care of Name	National Bank Of Petersburg
Address	PO BOX 470, Petersburg, IL 62675-0470
Activities	Gifts, grants, or loans to other organizations, Gifts or grants to individuals (other than scholarships), Scholarships (other)
Subsection	Charitable Organization
Ruling Date	06/1986
Deductibility	Contributions are deductible
Foundation	Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Organization	Trust
Exempt Organization Status	Unconditional Exemption
Tax Period	04/2014
Assets	$100,000 to $499,999
Income	$25,000 to $99,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$333,733
Amount of Income	$37,320
Form 990 Revenue Amount	$37,320

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2014

Functional expenses for 2014

	2012	2013	2014
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	Yes	Yes	Yes
Is the organization required to complete Schedule B, Schedule of Contributors?	Yes	Yes	Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	Yes	Yes	Yes
Did the organization report an amount for land, buildings, and equipment?	No	No	No
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	No	No	No
Did the organization report an amount for other liabilities?	No	No	No
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	No	No	No
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	No	No	No
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	No	No	No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No	No
Did the organization operate one or more hospital facilities?	No	No	No
Did the organization attach a copy of its audited financial statements?	No	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	Yes	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	Yes	Yes	Yes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	No	No	No
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	No	No	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	No	No	No
A family member of a current or former officer, director, trustee, or key employee?	No	No	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	No	No	No
Did the organization receive more than $25,000 in non-cash contributions?	No	No	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	No	No	No
Was the organization related to any tax-exempt or taxable entity?	Yes	Yes	Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	Yes	Yes	Yes
Did the organization make any transfers to an exempt non-charitable related organization?	Yes	Yes	Yes
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No	No

	2012	2013	2014
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096	0	0	0
The number of Forms W-2G	0	0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?	No	No	No
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return	0	0	0
Did the organization file all required federal employment tax returns?	No	No	No
Did the organization have unrelated business gross income of $1,000 or more during the year?	No	No	No
Has it filed a Form 990-T for this year?	No	No	No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?	No	No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?	No	No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?	No	No	No
Did the organization file Form 8886-T?	No	No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?	No	No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?	No	No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?	Yes	Yes	Yes
Did the organization notify the donor of the value of the goods or services provided?	Yes	Yes	Yes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?	No	No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?	No	No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?	No	No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?	No	No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?	No	No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?	No	No	No
Did the sponsoring organization make any taxable distributions under section 4966?	No	No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?	No	No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?	No	No	No
The amount of tax-exempt interest received or accrued during the year	$0	$0	$0
Is the organization licensed to issue qualified health plans in more than one state?	No	No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans	$0	$0	$0
The amount of reserves on hand	$0	$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?	No	No	No
Has it filed a Form 720 to report these payments?	No	No	No

	2012	2013	2014
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$1,352	$1,384	$1,363
Total reportable compensation from related organizations	$229,353	$218,325	$233,331
Total estimated amount of other compensation from the organization and related organizations	$0	$0	$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization	1	1	1
Total number of independent contractors who received more than $100,000 of compensation from the organization	0	0	0

	2012	2013	2014
Statement of Revenue
Total revenue	$47,229	$44,231	$37,320
Contributions, Gifts, Grants and Other Similar Amounts	$44,489	$42,107	$34,870
Program Service Revenue	$0	$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$2,240	$2,124	$2,450
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$0	$0	$0
Net rental income	$0	$0	$0
Net gain/loss from sales of assets other than inventory	$0	$0	$0
Net income/loss from fundraising events	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0
Miscellaneous Revenue	$500	$0	$0

	2012	2013	2014
Statement of Functional Expenses
Total functional expenses	$43,606	$41,287	$48,768
Grants and other assistance to domestic organizations and domestic governments	$0	$11,955	$22,987
Grants and other assistance to domestic individuals	$42,239	$25,650	$24,289
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals	$0	$0	$0
Benefits paid to or for members	$0	$0	$0
Compensation of current officers, directors, trustees, and key employees	$0	$0	$0
Compensation not included above, to disqualified persons	$0	$0	$0
Other salaries and wages	$0	$0	$0
Pension plan accruals and contributions	$0	$0	$0
Other employee benefits	$0	$0	$0
Payroll taxes	$0	$0	$0
Fees for services (non-employees)
Management	$0	$0	$0
Legal	$0	$0	$0
Accounting	$0	$0	$0
Lobbying	$0	$0	$0
Professional fundraising services	$0	$0	$0
Investment management fees	$0	$0	$0
Other	$0	$0	$0
Advertising and promotion	$0	$0	$0
Office expenses	$0	$0	$0
Information technology	$0	$0	$0
Royalties	$0	$0	$0
Occupancy	$0	$0	$0
Travel	$0	$0	$0
Payments of travel or entertainment expenses for any federal, state, or local public officials	$0	$0	$0
Conferences, conventions, and meetings	$0	$0	$0
Interest	$0	$0	$0
Payments to affiliates	$0	$0	$0
Depreciation, depletion, and amortization	$0	$0	$0
Insurance	$0	$0	$0
Other expenses	$1,352	$1,384	$1,363
Other expenses	$15	$15	$15
Other expenses	$0	$2,283	$114

	2012	2013	2014
Balance Sheet
Total assets	$342,238	$345,181	$333,733
Cash - non-interest-bearing	$0	$0	$0
Savings and temporary cash investments	$342,238	$345,181	$333,733
Pledges and grants receivable, net	$0	$0	$0
Accounts receivable, net	$0	$0	$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees	$0	$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations	$0	$0	$0
Notes and loans receivable, net	$0	$0	$0
Inventories for sale or use	$0	$0	$0
Prepaid expenses and deferred charges	$0	$0	$0
Land, buildings, and equipment: cost or other basis	$0	$0	$0
Investments - publicly traded securities	$0	$0	$0
Investments - other securities	$0	$0	$0
Investments - program-related	$0	$0	$0
Intangible assets	$0	$0	$0
Other assets	$0	$0	$0
Total liabilities	$0	$0	$0
Total net assets or fund balances	$342,238	$345,181	$333,733
Unrestricted net assets	$0	$0	$0
Temporarily restricted net assets	$0	$0	$0
Permanently restricted net assets	$0	$0	$0
Capital stock or trust principal, or current funds	$342,238	$345,181	$333,733
Paid-in or capital surplus, or land, building, or equipment fund	$0	$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0

Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:	An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported	4
Sum of amounts of support	$47,276

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Porta Community Unit School District No 202 Foundation to others? (optional)

Yes

Add photo of Porta Community Unit School District No 202 Foundation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (18.227.49.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Positive Pathways Of Chicago in Chicago, IL
Sequoia Farm Foundation in Decatur, IL
Chicago Assembly Foundation in Chicago, IL
Edgar Baillie Ministries Inc in Elgin, IL
Lawrence County Humane Society in Lawrenceville, IL
Pawsitively Famous Inc in Peotone, IL
Rock River Valley Traffic Club in Rockford, IL
Ruach Center Inc in Woodstock, IL
Wavering Fam Charitable Foundation in Chicago, IL
Chicago Couture Fashion Week Inc in Chicago, IL

Recently Added Reviews

Positive Pathways Of Chicago in Chicago, IL

Sequoia Farm Foundation in Decatur, IL

Chicago Assembly Foundation in Chicago, IL

Edgar Baillie Ministries Inc in Elgin, IL

Lawrence County Humane Society in Lawrenceville, IL

Pawsitively Famous Inc in Peotone, IL

Rock River Valley Traffic Club in Rockford, IL

Ruach Center Inc in Woodstock, IL

Wavering Fam Charitable Foundation in Chicago, IL

Chicago Couture Fashion Week Inc in Chicago, IL

Id	Name	Address	State	Established	Total Income
Other organizations in Illinois
1	Pope John Paul Ii Euchristic Foundation Association Inc	20 N Wacker Dr Ste 1700, Chicago, IL 60606-2904	IL	1998-04	$2,731
2	Pope Leo Xiii Literary Fund	4100 W 90th Pl, Hometown, IL 60456-1208	IL	1978-03	$6,514
3	Poplar Cemetery Association	PO BOX 408, Harrisburg, IL 62946-0408	IL	1988-11	$2,546
4	Poplar Grove Aviation Education Association Inc, P G Vintage Wings & Wheels Museum	5151 Orth Rd Hngr A1, Poplar Grove, IL 61065-8880	IL	1997-11	$113,344
5	Poplar Grove Lions Charities Inc	PO BOX 305, Poplar Grove, IL 61065-0305	IL	1990-09	$36,205
6	Porat Family Charitable Foundation Inc	680 N Lake Shore Dr 924, Chicago, IL 60611-4546	IL	1997-02	$146,196
7	Porchlight Counseling Services Nfp	225 W Washington 28th Floo, Chicago, IL 60606-2418	IL	2004-06	$118,681
8	Porchlight Music Theatre Chicago	4200 W Diversey Ave, Chicago, IL 60639-2003	IL	1995-08	$610,904
9	Port Ministries, Franciscan Friars	5013 S Hermitage Ave, Chicago, IL 60609-4810	IL	1989-01	$277,891
10	Port Of Summit Boat Club	PO BOX 404, Summit, IL 60501-0404	IL	1986-04	$11,111
11	Porta Community Unit School District No 202 Foundation	PO BOX 470, Petersburg, IL 62675-0470	IL	1986-06	$37,320
12	Portage Park Chamber Of Commerce	5829 W Irving Park Rd, Chicago, IL 60634-2609	IL	1987-01	$47,274
13	Portal Of Hope Multi Purpose Center	1436 E Marquette Rd 1st Flr, Chicago, IL 60637-4413	IL	1991-01	$38,000
14	Porterfield Family Foundation	3700 W Devon Ave, Lincolnwood, IL 60712-1135	IL	1998-08	$24,430
15	Portland Cement Association Education Foundation	5420 Old Orchard Road, Skokie, IL 60077-1083	IL	2002-08	$971,448
16	Posen Family Foundation	170 E May St, Elmhurst, IL 60126-3912	IL	1990-01	$81,364
17	Poshard Foundation For Abused Children Inc	700 Logan College Dr, Carterville, IL 62918-2500	IL	1999-07	$199,170
18	Positive Anti-Crime Thrust Inc	PO BOX 496725, Chicago, IL 60649-6725	IL	1979-09	$62
19	Positive Foundation Nfp	Po Box 2446, Country Club Hills, IL 60478-2446	IL	2012-04	$0
20	Positive Options Referrals & Alternatives Inc, Pora	930 S 11th St, Springfield, IL 62703-1702	IL	1994-05	$289,259

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Porta Community Unit School District No 202 Foundation and has no official or unofficial affiliation with Porta Community Unit School District No 202 Foundation