Porta Community Unit School District No 202 Foundation

Organization Overview

Porta Community Unit School District No 202 Foundation, operating under the name Foundation, is located in Petersburg, IL. The organization was established in 1986. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. 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 04/2024, Foundation generated $206.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $66.6k during the year ending 04/2024. While expenses have increased by 4.2% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL SUPPORT TO THE PORTA COMMUNITY UNIT SCHOOL DISTRICT NO. 202, A PUBLIC SCHOOL, TO ASSIST WITH THE EDUCATION NEEDS OF STUDENTS AND PROVIDE SCHOLARSHIPS TO PORTA STUDENTS WHO SEEK A COLLEGE EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL GRANTS TO PORTA COMMUNITY UNIT SCHOOL DISTRICT 202, A PUBLIC SCHOOL AND SCHOLARSHIPS FOR COLLEGE ATTENDANCE BY GRADUATING SENIORS OF PORTA COMMUNITY UNIT SCHOOL DISTRICT NO. 202.


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Board, Officers & Key Employees

Name (title)Compensation
Allen Grosboll
Committee Member
$0
Nate Herkert
Committee Member
$0
Ann Ozella
Committee Member
$0
Steve Sherwood
Committee Member
$0
Ken Morris
Committee Member
$0
Chase Sanert
Committee Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$61,003
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$115,371
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$176,374
Total Program Service Revenue$0
Investment income $25,295
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,230
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $206,899

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