Champaign-Urbana Schools Foundation
- Assets
- $3.3m
- Revenue
- $471.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Champaign, IL
- Founding
- 02/1993
- Data as of
- 06/2023
- EIN
- 37-1273798
Organization Overview
Champaign-Urbana Schools Foundation is located in Champaign, IL. The organization was established in 1993. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Champaign-Urbana Schools Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Champaign-Urbana 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 06/2023, Champaign-Urbana Schools Foundation generated $471.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $503.8k during the year ending 06/2023. While expenses have increased by 12.4% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION AWARDED GRANTS, SCHOLARSHIPS AND PROVIDED PROGRAMS TO BE USED BY BOTH TEACHERS AND STUDENTS TO ENGAGE IN THE EDUCATIONAL ENRICHMENT PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDED GRANTS TO SUPPORT CLASSROM LEARNING. THE SOS FUND ASSISTS HOMELESS STUDENTS WITH CLOTHING AND HOTEL STAYS SO THEY CONTINUE TO ATTEND SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Angelo Board Member | Trustee | 1 | $0 |
Shelia Boozer Board Member | Trustee | 1 | $0 |
Domonic Cobb Board Member | Trustee | 1 | $0 |
Michelle Gonzales Vice Chair | Trustee | 1 | $0 |
Kelly Hill Exec Directo | Trustee | 40 | $0 |
Sonya Holley Board Member | 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 | $431,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $431,552 |
| Total Program Service Revenue | $0 |
| Investment income | $27,531 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$10,520 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $471,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $233,464 |
| Grants and other assistance to domestic individuals. | $68,619 |
| 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 | $137,551 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,127 |
| Payroll taxes | $10,879 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,018 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,938 |
| Office expenses | $4,756 |
| Information technology | $8,195 |
| Royalties | $0 |
| Occupancy | $15,555 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $228 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175 |
| Insurance | $3,019 |
| All other expenses | $0 |
| Total functional expenses | $503,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,497 |
| Savings and temporary cash investments | $0 |
| 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 | $2,651 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,118,420 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,008,044 |
| Total assets | $3,309,612 |
| Accounts payable and accrued expenses | $7,517 |
| 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 | $1,008,044 |
| Total liabilities | $1,015,561 |
| Net assets without donor restrictions | $736,012 |
| Net assets with donor restrictions | $1,558,039 |
| 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 | $3,309,612 |
Grants Awarded
Over the last fiscal year, Champaign-Urbana Schools Foundation has awarded $233,464 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHAMPAIGN UNIT 4 PURPOSE: EDUCATION | $56,448 |
URBANA SCHOOL DISTRICT PURPOSE: EDUCATION | $177,016 |