Joliet Township High Schools Foundation
- Assets
- $1.9m
- Revenue
- $91.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Joliet, IL
- Founding
- 08/1989
- Data as of
- 06/2022
- EIN
- 36-3547936
Organization Overview
Joliet Township High Schools Foundation is located in Joliet, IL. The organization was established in 1989. According to its NTEE Classification (B25) the organization is classified as: Secondary & High 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. Joliet Township High Schools 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 06/2022, Joliet Township High Schools Foundation generated $91.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $58.7k during the year ending 06/2022. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT JOLIET TOWNSHIP HIGH SCHOOL DISTRICT 204 STUDENTS, FACULTY AND STAFF IN ENHANCING TEACHING, LEARNING AND COMMUNITY SERVICE OPPORTUNITIES. FUNDING IS ACCOMPLISHED THROUGH PROJECTS, EVENTS AND PARTNERSHIPS ORGANIZED AND IMPLEMENTED BY THE FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING GRANTS TO VARIOUS INDIVIDUALS/GROUPS ASSOCIATED WITH JOLIET TOWNSHIP HIGH SCHOOLS FOUNDATION IN ORDER TO PROMOTE AND ASSIST WITH EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Turk President | OfficerTrustee | 4 | $0 |
George Gulas Treasurer | OfficerTrustee | 2 | $0 |
Aleta Pavnica Secretary | OfficerTrustee | 1 | $0 |
Mary Gaydos Director | Trustee | 2 | $0 |
Teresa Gibson Director | Trustee | 1 | $0 |
Jackie Bersano Director | Trustee | 1 | $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 | $44,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,079 |
| Total Program Service Revenue | $0 |
| Investment income | $12,337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $34,759 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,175 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,329 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,573 |
| Advertising and promotion | $0 |
| Office expenses | $1,024 |
| 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 | $1,726 |
| All other expenses | $150 |
| Total functional expenses | $58,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,313 |
| Savings and temporary cash investments | $27,288 |
| 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 | $1,711,418 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,852,019 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $657,734 |
| Net assets with donor restrictions | $1,194,285 |
| 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 | $1,852,019 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Joliet Township High Schools Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $25,000 |
Endowment Analysis
| Beg. Balance | $900,000 |
| Ending Balance | $900,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yeshivas Kesser Yonah Chicago, IL | $9,411,885 | $10,390,976 |
Illiana Christian High School Dyer, IN | $32,567,700 | $9,618,452 |
St Francis High School Inc Louisville, KY | $30,909,657 | $14,828,480 |
Missouri State High School Activities Association Columbia, MO | $6,937,153 | $7,413,046 |
Beacon Academy A Montessori High School Evanston, IL | $6,232,580 | $6,955,534 |
Chicago Hope Academy Chicago, IL | $40,014,679 | $17,748,373 |
Lalumiere School Inc Laporte, IN | $14,231,314 | $6,974,684 |
Providence St Mel School Chicago, IL | $98,454,200 | $9,264,028 |
Wolcott School Chicago, IL | $18,762,052 | $6,318,898 |
Wayland Academy Beaver Dam, WI | $38,778,158 | $5,826,900 |
Northridge Preparatory School Inc Niles, IL | $7,494,947 | $7,595,977 |
Transcenter For Youth Inc Milwaukee, WI | $3,574,936 | $5,873,696 |