Three Crowns Foundation
- Assets
- $952.4k
- Revenue
- $288.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Evanston, IL
- Founding
- 10/2004
- Data as of
- 09/2021
- EIN
- 20-1060468
Organization Overview
Three Crowns Foundation is located in Evanston, IL. The organization was established in 2004. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Crowns Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Three Crowns Foundation generated $288.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $361.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROVIDES ADMINISTRATIVE ASSISTANCE, MANAGEMENT ADVICE, INVESTMENT ADVICE, & FINANCIAL ASSISTANCE TO THREE CROWNS PARK, A 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR THREE CROWNS PARK, A RELATED ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Hemmer - End 63021 Asst Secretary/executive Director | OfficerTrustee | 5 | $0 |
James E Elsass Chairperson - End 6/30/21 | OfficerTrustee | 1 | $0 |
Jeffrey Later - End 63021 Secretary | OfficerTrustee | 1 | $0 |
Kathleen Gillespie Vice-Chairperson-Part Year/director | OfficerTrustee | 0.5 | $0 |
Terri S Cunliffe Director/clcs President/ceo | OfficerTrustee | 1 | $0 |
William Stafford Treasurer - Part Year/director | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,881 |
| Total Program Service Revenue | $229,107 |
| Investment income | $982 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$194 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $29,094 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $236,199 |
| Pension plan accruals and contributions | $7,130 |
| Other employee benefits | $612 |
| Payroll taxes | $15,696 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,281 |
| Fees for services: Other | $70,807 |
| Advertising and promotion | $0 |
| Office expenses | $1,046 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $361,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,984 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $740,373 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $952,357 |
| Accounts payable and accrued expenses | $55,330 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,194,270 |
| Total liabilities | $2,249,600 |
| Net assets without donor restrictions | -$1,425,043 |
| Net assets with donor restrictions | $127,800 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $952,357 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Three Crowns Foundation has recieved totaling $29,000.
| Awarding Organization | Amount |
|---|---|
The Chicago Community Trust Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $6,000 |
Katten Muchin & Zavis Foundation Inc Chicago, IL PURPOSE: IN ORDER TO MAKE CONTRIBUTIONS FOR CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSES. | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iff Chicago, IL | $571,089,169 | $81,768,477 |
Council Of State Governments Lexington, KY | $43,258,736 | $43,166,862 |
St Louis Development Coroporation St Louis, MO | $13,684,401 | $12,294,204 |
Bcmw Community Services Centralia, IL | $5,070,434 | $12,817,293 |
Alliance Of Local Service Organizations Chicago, IL | $1,821,050 | $5,596,702 |
Community Partnership Of Southeast Missouri Cape Girardeau, MO | $3,661,561 | $3,545,590 |
Embrace Living Communities Oak Brook, IL | $5,421,224 | $1,916,839 |
West Central Illinois Valley Regional Planning Commission Carlinville, IL | $116,734 | $1,781,483 |
River Cities Harvest Inc Ashland, KY | $124,307 | $1,422,149 |
Kinship Foundation Madison, WI | $510,519 | $697,956 |
Children Center Campus Kansas City, MO | $5,840,221 | $745,484 |
Gail G Ellis Foundation Inc Bannockburn, IL | $12,460,637 | $1,252,189 |