Teutopolis Educational Foundation
- Assets
- $1.4m
- Revenue
- $172.7k
- Investments
- $1.3m
- Employees
- 0
- Location
- Teutopolis, IL
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 37-1382790
Organization Overview
Teutopolis Educational Foundation is located in Teutopolis, IL. The organization was established in 2000. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Teutopolis Educational 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 12/2021, Teutopolis Educational Foundation generated $172.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $64.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ENHANCE QUALITY EDUCATIONAL PROGRAMS FOR EVERY STUDENT IN THE TEUTOPOLIS COMMUNITY UNIT SCHOOL DISTRICT #50.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS - THE FOUNDATION FUNDED REQUESTS FROM TEUTOPOLIS CUSD #50 FOR EDUCATIONAL AND TECHNOLOGICAL SUPPLIES. ADDITIONALLY, THE FOUNDATION PROVIDED CUSD #50 WITH FUNDS FOR THE STUDENT OF THE MONTH PROGRAM AND THE SCHOOL TOOL TV PROGRAM.
SCHOLARSHIP - THE FOUNDATION AWARDED SCHOLARSHIPS TO ONE CUSD #50 GRADUATING SENIOR FOR HIGHER EDUCATION EXPENSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Zerrusen President | OfficerTrustee | 1 | $0 |
Eric Probst Treasurer | OfficerTrustee | 2 | $0 |
Kathy Bloemer Secretary | OfficerTrustee | 1 | $0 |
Russ Walker Vice President | OfficerTrustee | 1 | $0 |
Matt Sturgeon Superintendent | Trustee | 1 | $0 |
Jake Donsbach 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 | $71,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,079 |
| Total Program Service Revenue | $0 |
| Investment income | $17,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70,763 |
| Net Income from Fundraising Events | $13,223 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,682 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,265 |
| Grants and other assistance to domestic individuals. | $250 |
| 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 | $1,395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $298 |
| All other expenses | $1,606 |
| Total functional expenses | $64,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,200 |
| Savings and temporary cash investments | $253 |
| 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 | $1,290,962 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,382,415 |
| 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 | $1,281,849 |
| Net assets with donor restrictions | $100,566 |
| 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 | $1,382,415 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Teutopolis Educational Foundation has recieved totaling $100,656.
| Awarding Organization | Amount |
|---|---|
Zerrusen Family Foundation Teutopolis, IL PURPOSE: EDUCATION | $50,000 |
Zerrusen Family Foundation Teutopolis, IL PURPOSE: EDUCATION | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $656 |
Endowment Analysis
| Beg. Balance | $1,149,061 |
| Earnings | $142,152 |
| Ending Balance | $1,291,213 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |
United Way Of Southwestern Indiana Inc Evansville, IN | $5,892,582 | $5,859,250 |
Lever For Change Chicago, IL | $17,371,828 | $11,059,988 |
Ten Talents Foundation St Louis, MO | $138,781,334 | $2,527,565 |
United Way Of East Central Iowa Cedar Rapids, IA | $18,620,645 | $6,956,778 |
United Way Of Lake County Inc Gurnee, IL | $9,128,371 | $6,708,539 |
United Way Of Greater Lafayette & Tippecanoe County Lafayette, IN | $12,512,730 | $7,982,899 |
Honeywell Foundation Inc Wabash, IN | $96,441,620 | $11,061,690 |
Wisconsin Regional Training Partnership Inc Milwaukee, WI | $5,167,350 | $7,096,517 |
Whas Crusade For Children Inc Louisville, KY | $38,851,590 | $9,353,185 |
United Way Quad Cities Bettendorf, IA | $12,852,824 | $6,411,474 |