Megan Butz Legacy Of Hope
- Assets
- $383.1k
- Revenue
- $427.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Hawthorn Woods, IL
- Founding
- Data as of
- 12/2023
- EIN
- 93-2161036
Organization Overview
Megan Butz Legacy Of Hope is located in Hawthorn Woods, IL. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Megan Butz Legacy Of Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO STRENGTHEN THE LIVES OF AT-RISK YOUTH AND YOUNG ADULTS SO THEY MAY BE MENTALLY HEALTHY AND RECEIVE NEEDED MENTAL HEALTH PROGRAMMING AND SUPPORT. WE PROVIDE FUNDING TO NOT-FOR-PROFITS ADDRESSING AND STRENGTHENING THE MENTAL HEALTH OF YOUTH AND YOUNG ADULTS IN UNDERSERVED COMMUNITIES THROUGHOUT CHICAGO AND THE COLLAR COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEGAN BUTZ LEGACY OF HOPE AWARDED OUR FIRST $25,000 GRANT IN SEPTEMBER 2023 TO PARTNERS FOR OUR COMMUNITIES, WHICH HAS A PROGRAM CALLED SKYWARD BOUND THAT ALIGNS VERY CLOSELY WITH OUR MISSION OF STRENGTHENING THE MENTAL HEALTH OF YOUTH AND YOUNG ADULTS IN UNDERSERVED COMMUNITIES. THIS $25,000 GIFT FUNDS 250 HOURS OF COUNSELING FOR 14-22 YEAR OLDS, AN AGE GROUP WHICH IS HIGHLY VULNERABLE AND ESSENTIAL FOR THE FUTURE HEALTH OF OUR COMMUNITY. SKYWARD BOUND PROVIDES CLINICAL THERAPY TO HELP UNDER-RESOURCED TEENS AND YOUNG ADULTS NAVIGATE THE EFFECTS OF POVERTY, WHICH HAS A LASTING IMPACT. THIS TARGET POPULATION HAS EXPERIENCED TRAUMA FROM A YOUNG AGE, INCLUDING DOMESTIC VIOLENCE, EMOTIONAL AND PHYSICAL ABUSE, AND IMPEDED CULTURAL IDENTITY. THE MOST COMMON STRUGGLES ARE MAJOR DEPRESSION, ANXIETY, POST-TRAUMATIC STRESS AND ADJUSTMENT DISORDER. ALL THESE ISSUES IMPACT A PERSON'S MOTIVATION, SELF-ESTEEM, COGNITIVE ABILITY TO FOCUS AND INCREASE ONE'S STRESS LEVEL. SOME OF THE TEENS RECEIVING SERVICES THROUGH SKYWARD BOUND ADDITIONALLY PARTICIPATE IN GROUP ACTIVITIES THAT BUILD TRUST AND LIFE SKILLS AND CREATE JOY. SKYWARD BOUND PROVIDES DESPERATELY NEEDED MENTAL HEALTH SERVICES WITHOUT WAITING MONTHS, AND THE SERVICE IS IN THE STUDENT'S FIRST LANGUAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Butz President & Director | OfficerTrustee | 5 | $0 |
Bob Noonan Chairman & Director | OfficerTrustee | 1 | $0 |
Kerry Miller Treasurer & Director | OfficerTrustee | 4 | $0 |
Susan Stoga Secretary & Director | OfficerTrustee | 2.5 | $0 |
Brandon Verwijst Director | OfficerTrustee | 1 | $0 |
Monica Thigpen Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,004 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $203,499 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,503 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $209,909 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $427,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $10,241 |
| Fees for services: Accounting | $0 |
| 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 | $464 |
| Information technology | $1,362 |
| 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 | $204 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $572 |
| All other expenses | $6,500 |
| Total functional expenses | $44,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,069 |
| Savings and temporary cash investments | $200,000 |
| 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 | $383,069 |
| 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 | $383,069 |
| 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 | $383,069 |