Geneva Academic Foundation

Organization Overview

Geneva Academic Foundation is located in Geneva, IL. The organization was established in 1989. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Geneva Academic 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 12/2021, Geneva Academic Foundation generated $105.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $18.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GENEVA ACADEMIC FOUNDATION GAF PROVIDES EDUCATIONAL EXPERIENCES AND OPPORTUNITIES THROUGH STUDENT SCHOLARSHIPS AND CLASSROOM GRANTS FOR TECHNOLOGY, PROGRAMS, AND EQUIPMENT THROUGHOUT GENEVA COMMUNITY SCHOOL DISTRICT 304, GRADES K-12.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED GRANTS TO TEACHERS FOR EQUIPMENT AND SUPPLIES SERVING APPROXIMATELY 5,600 STUDENTS WITH APPROXIMATELY 400 TEACHERS, AS WELL AS SCHOLARSHIPS TO FOUR STUDENTS WHO CONTINUED THEIR EDUCATIONS AT THE POST-SECONDARY LEVEL.


SPONSORED CUB SCOUT PACK 239, BUT ONLY THROUGH NOVEMBER 2021


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Board, Officers & Key Employees

Name (title)Compensation
Luis Amaya
Director
$0
Edward Donat
Director
$0
Heidi Pryor
Secretary
$0
David Atkinson
Treasurer
$0
Julie Post-Smith
President
$0
Brian Zdeblick
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,597
Fundraising events$4,550
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,400
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$19,547
Total Program Service Revenue$0
Investment income $24,023
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $58,297
Net Income from Fundraising Events $3,330
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $105,197

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Geneva Academic Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
The Buchanan Family Foundation

Lake Forest, IL

PURPOSE: GENERAL, OPERATING, ENDOWMENT OR CAPITAL.

$10,000
View Grant Recipient Profile

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