Partnership For Educational Progress
- Assets
- $594.3k
- Revenue
- $284.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Glen Ellyn, IL
- Founding
- 07/1996
- Data as of
- 06/2022
- EIN
- 36-3835164
Organization Overview
Partnership For Educational Progress is located in Glen Ellyn, IL. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education 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. Partnership For Educational Progress 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, Partnership For Educational Progress generated $284.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $154.9k during the year ending 06/2022. While expenses have increased by 8.2% 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
THE PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS TO CREATE A PARTNERSHIP AMOUNG THE RESIDENTS, BUSINESSES AND SCHOOL ORGANIZATIONS TO PROVIDE SUPPLEMENTAL FINANCIAL RESOURCES FOR THE PUBLIC SCHOOLS IT SERVES IN THE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
P.E.P. AWARDS GRANTS TO TEACHERS, SCHOOL DISTRICTS AND LIBRARIES ALONG WITH VARIOUS SCHOLOARSHIPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Parke Foundation Services Coordinat | 6 | $8,279 | |
Karen Evans Member At Large | Officer | 0.5 | $0 |
Liza Sury Member At Large | Officer | 0.5 | $0 |
Bob Friend Treasurer | Officer | 1 | $0 |
Erica Nelson Chairperson | Officer | 2 | $0 |
Donna Kemp Dist 89 Board Rep | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $297,769 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $297,769 |
| Total Program Service Revenue | $0 |
| Investment income | -$13,653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,014 |
| Grants and other assistance to domestic individuals. | $19,000 |
| 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 | $8,279 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $633 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,727 |
| Fees for services: Other | $396 |
| Advertising and promotion | $0 |
| Office expenses | $1,412 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $165 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $205 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,120 |
| All other expenses | $304 |
| Total functional expenses | $154,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,418 |
| Savings and temporary cash investments | $325,620 |
| 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 | $3,276 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $594,314 |
| 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 | $594,314 |
| Net assets with donor restrictions | $0 |
| 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 | $594,314 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Partnership For Educational Progress has recieved totaling $75,315.
| Awarding Organization | Amount |
|---|---|
G Carl Ball Family Foundation West Chicago, IL PURPOSE: SUPPORT OPERATIONS | $48,000 |
G Carl Ball Family Foundation West Chicago, IL PURPOSE: SUPPORT OPERATIONS | $16,815 |
Evans Family Foundation Rancho Santa Fe, CA PURPOSE: HELP ORGANIZATION TO CONTINUE ITS MISSION OF EDUCATING THE COMMUNITY. | $10,000 |
George Marquis Travers Jr Foundation Glen Ellyn, IL PURPOSE: GENERAL FUND | $500 |
Endowment Analysis
| Beg. Balance | $246,921 |
| Earnings | -$17,965 |
| Admin Expense | $13,019 |
| Net Contributions | $291,024 |
| Grants | $139,014 |
| Ending Balance | $367,947 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |