Township High School District No 211 Foundation
- Assets
- $658.9k
- Revenue
- $151.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 06/1998
- Data as of
- 06/2023
- EIN
- 36-4205182
Organization Overview
Township High School District No 211 Foundation, operating under the name Janet Zelenka, is located in Palatine, IL. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Janet Zelenka 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 06/2023, Janet Zelenka generated $151.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $172.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE TOWNSHIP HIGH SCHOOL DIST 211 FOUNDATION IS TO OBTAIN AND PROVIDE RESOURCES TO ENHANCE AND ENRICH LEARNING OPPORTUNITIES FOR THE STUDENTS, STAFF AND SCHOOL COMMUNITY OF TOWNSHIP HIGH SCHOOL DISTRICT 211
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND GRANTS TO HIGH SCHOOL STUDENTS IN THE COMMUNITY
PROVIDE FUNDING FOR INNOVATIVE PROGRAMS AND MATERIALS TO ENHANCE AND ENRICH STUDENTS' EDUCATIONAL EXPERIENCES IN THE DISTRICT'S HIGH SCHOOLS. THE PROJECTS FUNDED BY THE INNOVATIVE GRANTS ARE DIRECTLLY RELATED TO ACADEMICS, THE ARTS, STUDENT LEADERSHIP AND COMMUNITY SERVICE. FROM PROVIDING INCENTIVES FOR AT-RISK READERS TO SUPPORTING A PEER LEADERSHIP PROGRAM FOR FRESHMEN STUDENTS, THE GRANTS PROVIDE EXPERIENCES THAT ARE NOT NORMALLY FUNDED FROM WITHIN THE REGULAR SCHOOL BUDGET. FUNDING FOR THESE PROGRAMS IS MADE POSSIBLE THROUGH FUNDRAISING EVENTS.
INCUBATOR PROGRAM: THE FOUNDATION WORKED WITH DISTRICT 211 TO DEVELOP A RIGOROUS SELECTION PROCESS FOR STUDENT TEAMS FROM EACH SCHOOL TO REPRESENT THAT INDIVIDUAL SCHOOL IN A DISTRICT-WIDE EVENT. THE SELECTED TEAM PRESENTS AN INNOVATIVE BUSINESS IDEA TO A PANEL OF BUSINESS COMMUNITY EXPERTS. THE WINNING TEAM IS AWARDED FUNDS TO HELP LAUNCH THEIR BUSINESS IDEA. DISTRICT 211 OVERSEES THE PERFORMANCE OF THE BUSINESS AND PROVIDES UPDATES TO THE FOUNDATION AS WELL AS MONITORING THE FUNDING FOR THE BUSINESS. UNUSED FUNDS ARE RETURNED TO THE FOUNDATION. MORE INFORMATION ABOUT THIS PROGRAM IS AVAILABLE ON THE WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Artman Chair | Trustee | 0.25 | $0 |
Donna Brand Trustee | Trustee | 0.25 | $0 |
Jerry Brand Trustee | Trustee | 0.25 | $0 |
Kate Finneran Secretary | Trustee | 0.25 | $0 |
Will Hinshaw Treasurer | Trustee | 0.25 | $0 |
Anna Klimkowicz School Board | Trustee | 0.25 | $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 | $144,600 |
| Noncash contributions included in lines 1a–1f | $2,256 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,600 |
| Total Program Service Revenue | $0 |
| Investment income | $6,664 |
| 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 | $151,264 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $157,402 |
| 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 | $3,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,500 |
| Office expenses | $7,320 |
| 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 | $172,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $658,902 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $658,902 |
| 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 | $658,902 |
| 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 | $658,902 |