District 128 Foundation For Learning
- Assets
- $416.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vernon Hills, IL
- Founding
- 12/2007
- Data as of
- 06/2022
- EIN
- 35-2307544
Organization Overview
District 128 Foundation For Learning is located in Vernon Hills, IL. The organization was established in 2007. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. District 128 Foundation For Learning 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 06/2022, District 128 Foundation For Learning generated $60.9k 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 (6.3%) each year. All expenses for the organization totaled $57.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THROUGH GRANTS, THE FOUNDATION GAVE COMMUNITY HIGH SCHOOL DISTRICT 128 SCHOOLS THE ABILITY TO OFFER STUDENTS VARIOUS PROGRAMS AND LEARNING OPPORTUNITIES ABOVE AND BEYOND THOSE FINANCED THROUGH TAX DOLLARS. STUDENTS HAVE BENEFITED BY BEING ABLE TO PARTICIPATE IN UNIQUE INNOVATIVE AND CREATIVE LEARNING EXPERIENCES AND PROGRAMS THAT WOULD NOT OTHERWISE HAVE BEEN AVAILABLE TO THEM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Eitel Trustee | 1 | $0 | |
Nancy Beaumont Board Chair | 1 | $0 | |
Erica Rendall Secretary | 1 | $0 | |
Carlene Lichter Officer | 1 | $0 | |
Chittu Arun Trustee | 1 | $0 | |
Kevin Jacobs Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,515 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,449 |
| Gain or Loss | $21,063 |
| Net Income from Gaming & Fundraising | $6,872 |
| Other Revenue | $0 |
| Total Revenue | $60,899 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,449 |
| Total expenses | $57,077 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $416,218 |
| Other assets | $0 |
| Total assets | $416,218 |
| Total liabilities | $0 |
| Net assets or fund balances | $416,218 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that District 128 Foundation For Learning has recieved totaling $490.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbus Learning Center Management Corporation Columbus, IN | $38,848,062 | $6,215,911 |
Action For Healthy Kids Inc Chicago, IL | $3,842,848 | $2,908,557 |
Kids First Chicago For Education Chicago, IL | $7,952,532 | $6,200,779 |
Southeast South-Central Educational Cooperative Richmond, KY | $1,249,010 | $3,554,543 |
The Nucleus Real Properties Inc Louisville, KY | $0 | $6,292,812 |
High Jump Chicago, IL | $1,713,068 | $2,378,677 |
Center For Leadership In School Reform Inc Louisville, KY | $1,028,885 | $1,548,172 |
Board Of Jewish Education Of Metropolitan Chicago Northbrook, IL | $1,310,378 | $2,337,211 |
American Foundation Of The Imperial War Museum Inc Chicago, IL | $136,354 | $1,504,610 |
Associated Colleges Of Illinois Inc Chicago, IL | $1,061,635 | $1,309,810 |
Partnership For Youth Inc St Louis, MO | $754,457 | $1,570,156 |
Plastic Pipe And Fittings Association Glen Ellyn, IL | $1,651,871 | $1,060,995 |