School District 158 Foundation Inc in Algonquin, Illinois (IL)
Table of contents:
| School District 158 Foundation Inc | |
| Employer Identification Number (EIN) | 200266519 |
| Name of Organization | School District 158 Foundation Inc |
| In Care of Name | Robert Hurrie |
| Address | 650 Academic Dr, Algonquin, IL 60102-4423 |
| Subsection | Charitable Organization |
| Ruling Date | 03/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $94,334 |
| Amount of Income | $30,543 |
| Form 990 Revenue Amount | $20,210 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Single Organization Support |
Non-representatives - add comments:
Amount of income in 2013: $30,543 (it was $51,160 in 2012)
| School District 158 Foundation Inc: | $30,543 |
| Other organizations performing similar types of work: | $69,198 |
Assets in 2013: $94,334 (it was $91,859 in 2012)
| This organization: | $94,334 |
| Other organizations performing similar types of work: | $35,127 |
Expenses in 2013: $17,735
| This organization: | $17,735 |
| Other organizations performing similar types of work: | $43,494 |
Income to expenses ratio in 2013: 1.7
| This organization: | 1.7 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 50.0%
| This organization: | 50.0% |
| Other organizations performing similar types of work: | 4.5% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $42,975 | $36,778 | $20,210 |
| Contributions, gifts, grants, and similar amounts received | $26,615 | $20,274 | $10,110 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $16,360 | $16,504 | $10,100 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $23,402 | $30,886 | $20,433 |
| Less: direct expenses from gaming and fundraising events | $7,042 | $14,382 | $10,333 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $24,807 | $28,426 | $17,735 |
| Total net assets | $83,507 | $91,859 | $94,334 |
| Excess/Deficit for the year | $18,168 | $8,352 | $2,475 |
| Net assets or fund balances at beginning of year | $65,339 | $83,507 | $91,859 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $91,859 | $94,334 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $83,507 | $91,859 | $94,334 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $83,507 | $91,859 | $94,334 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| 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 | 1 |
| Sum of amounts of support | $10,460 |
| Write your review! |
|
|
| 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
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Ravenwood High School Quarterback Club | 1724 Wilson Pike, Brentwood, TN 37027-8105 | TN | 2007-02 | $99,991 |
| 2 | Slocomb Band Boosters Inc | PO BOX 376, Slocomb, AL 36375-0376 | AL | 2006-12 | $54,892 |
| 3 | Roosevelt University Development Corporation | 430 S Michigan Ave, Chicago, IL 60605-1315 | IL | 2011-06 | $5,058,087 |
| 4 | The@iit State Street Corporation Nfp | 3300 S Federal No 201, Chicago, IL 60616-3732 | IL | 2001-11 | $3,372,541 |
| 5 | Southern Illinois Research Park Corporation | 150 East Pleasant Hill Road, Carbondale, IL 62903-6162 | IL | 2001-07 | $406,403 |
| 6 | Friends Of Jones | 700 S State St, Chicago, IL 60605-2109 | IL | 2009-08 | $297,634 |
| 7 | University Of Alberta Foundation Usa Inc | 330 N Wabash Ave 22nd Flr, Chicago, IL 60611-3586 | IL | 2002-01 | $289,229 |
| 8 | Special Kids Network Inc | 1121 Lake Cook Rd Ste P, Deerfield, IL 60015-5234 | IL | 1999-11 | $276,176 |
| 9 | Washington School Pto | 1500 Stewart Ave, Park Ridge, IL 60068-3867 | IL | 2007-09 | $214,632 |
| 10 | Erie Charter School Foundation | 1405 N Washtenaw Ave, Chicago, IL 60622-1632 | IL | 2013-05 | $211,765 |
| 11 | Waubonsie Valley High School - Athletic Booster Club | 2590 Ogden Ave, Aurora, IL 60504-5900 | IL | 2011-09 | $208,385 |
| 12 | Sherwood Elementary School P T O | 130 S Jefferson St Ste 500, Chicago, IL 60661-5764 | IL | 2008-08 | $182,106 |
| 13 | Sterling Athletic Booster Club | 1314 E 15th St, Sterling, IL 61081-2650 | IL | 2003-09 | $178,562 |
| 14 | Hamilton Action Team | 1650 W Cornelia Ave, Chicago, IL 60657 | IL | 2007-05 | $176,984 |
| 15 | Ottawa Township High School Boosters Club | 211 E Main St, Ottawa, IL 61350-3111 | IL | 2011-05 | $164,633 |
| 16 | St Charles North High School Boosters Club | 255 Red Gate Rd, Saint Charles, IL 60175-6396 | IL | 2000-09 | $142,287 |
| 17 | York Community High School Booster Club | 355 W Saint Charles Rd, Elmhurst, IL 60126-3199 | IL | 2013-01 | $141,894 |
| 18 | Plainfield North High School Band Boosters | Po Box 531, Plainfield, IL 60544 | IL | 2008-10 | $138,396 |
| 19 | Lemont Sd 113a Parent Teacher Organization | 16100 W 127th St, Lemont, IL 60439-7462 | IL | 2010-11 | $128,873 |
| 20 | Waterloo High School Bulldogs Athletic Booster Club | 8081 Gall Rd, Waterloo, IL 62298-6015 | IL | 2003-01 | $126,676 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 10,796 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about School District 158 Foundation Inc »
Non-representatives - add comments about School District 158 Foundation Inc»