Civic Intelligence

Old Elm Scholarship Foundation

990 • Fiscal year 2014 • EIN 23-7399476

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 14, 2015

Organization ProfileN/A
800 Old Elm RoadHighland Park, IL 60035

(847) 432-6270

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets13th percentile

Assets

$2,015,472

No earlier filing loaded for comparison.

Net Assets

$2,015,472

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin74th percentile

Revenue

$217,214

No earlier filing loaded for comparison.

Expenses

$183,418

No earlier filing loaded for comparison.

Net Income

$33,796

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $2,015,472Liabilities 2014: $0Net Assets 2014: $2,015,4722014Assets 2015: $2,055,290Liabilities 2015: $0Net Assets 2015: $2,055,2902015Assets 2017: $2,776,681Liabilities 2017: $0Net Assets 2017: $2,776,6812017Assets 2018: $2,875,838Liabilities 2018: $0Net Assets 2018: $2,875,8382018Assets 2019: $2,837,915Liabilities 2019: $0Net Assets 2019: $2,837,9152019Assets 2020: $2,986,081Liabilities 2020: $0Net Assets 2020: $2,986,0812020Assets 2021: $3,956,859Liabilities 2021: $0Net Assets 2021: $3,956,8592021Assets 2022: $3,846,253Liabilities 2022: $0Net Assets 2022: $3,846,2532022Assets 2023: $3,581,211Liabilities 2023: $0Net Assets 2023: $3,581,2112023Assets 2024: $3,593,642Liabilities 2024: $0Net Assets 2024: $3,593,6422024Assets 2025: $3,461,055Liabilities 2025: $0Net Assets 2025: $3,461,0552025

Highlighted filing

2014

Assets$2,015,472
Liabilities$0
Net Assets$2,015,472
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $217,214Expenses 2014: $183,418Net Income 2014: $33,7962014Revenue 2015: $216,158Expenses 2015: $176,340Net Income 2015: $39,8182015Revenue 2017: $499,977Expenses 2017: $242,142Net Income 2017: $257,8352017Revenue 2018: $348,749Expenses 2018: $249,592Net Income 2018: $99,1572018Revenue 2019: $259,200Expenses 2019: $297,123Net Income 2019: -$37,9232019Revenue 2020: $370,224Expenses 2020: $235,284Net Income 2020: $134,9402020Revenue 2021: $1,299,525Expenses 2021: $328,747Net Income 2021: $970,7782021Revenue 2022: $352,989Expenses 2022: $468,455Net Income 2022: -$115,4662022Revenue 2023: $241,130Expenses 2023: $506,172Net Income 2023: -$265,0422023Revenue 2024: $533,395Expenses 2024: $520,964Net Income 2024: $12,4312024Revenue 2025: $395,230Expenses 2025: $527,817Net Income 2025: -$132,5872025

Highlighted filing

2014

Revenue$217,214
Expenses$183,418
Net Income$33,796
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 14, 2015
Return Version
2014v5.0
Gross Receipts
$227,895
Mission and Program Overview

Mission

To award old elm club employees, their families, and caddies college scholarships in amounts ranging from $1,000 to $30,000.

To award old elm club employees, their families, and caddies; college scholarships in amounts ranging from 1,000 to 10,000.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,981,676$2,015,472▲ $33,796
Investments in Publicly Traded Securities$1,669,650$1,869,539▲ $199,889
Savings and Temporary Cash Investments$117,394$98,885▼ $18,509
Cash and Non-Interest-Bearing Accounts$194,632$47,048▼ $147,584
Total Assets$1,981,676$2,015,472▲ $33,796
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,981,676$2,015,472▲ $33,796
Total Liabilities and Net Assets / Fund Balance$1,981,676$2,015,472▲ $33,796
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Stuart L ScottPresident
-Director
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$168,156
Program Service Revenue
$0
Investment Income
$48,871
Other Revenue
$187
All Other Contributions
$168,156
Change in Net Assets
$33,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$179,122
Other Expenses$4,296
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$179,122--$179,122
Office Expenses-$4,296-$4,296
Total Functional Expenses$179,122$4,296$0$183,418
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

“The board meets once or twice a year and minutes are generally taken at each meeting. A written list of scholarship recipients is generated at the organization's board meeting.”

Form 990, Page 6, Part VI, Line 11B

“Return is reviewed by the president and/or treasurer prior to signing and filing.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public.”

Form 990, Part VIII

“Noncash contributions of stocks are generally sold and converted to cash within a reasonable period of time after receipt”

Filing and Contact Details

Filer

Filer Name
Old Elm Scholarship Foundation
EIN
23-7399476
Phone
8474326270
Address
800 OLD ELM ROAD, HIGHLAND PARK, IL 60035

Signing Officer

Name
M Jay Trees
Title
President
Phone
8474326270
Signed
2015-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
M Jay Trees
Formed
1974
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Philiprae & Associates Cpas
Address
564 S WASHINGTON ST STE 200, NAPERVILLE, IL 60540
Preparer
John S Mastrangeli
Phone
6305053620
Raw XML Appendix318 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO AWARD OLD ELM CLUB EMPLOYEES, THEIR FAMILIES, AND CADDIES; COLLEGE SCHOLARSHIPS IN AMOUNTS RANGING FROM 1,000 TO 10,000.
IRS990/AllOtherContributionsAmt0168156
IRS990/BooksInCareOfDetail/PersonNm0M JAY TREES
IRS990/BooksInCareOfDetail/PhoneNum03123681200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt070 WEST MADISON SUITE 640
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060602
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0194632
IRS990/CashNonInterestBearingGrp/EOYAmt047048
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0168156
IRS990/CYGrantsAndSimilarPaidAmt0179122
IRS990/CYInvestmentIncomeAmt048871
IRS990/CYOtherExpensesAmt04296
IRS990/CYOtherRevenueAmt0187
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt033796
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0183418
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0217214
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SCHOLARSHIPS ARE AWARDED TO EMPLOYEES, THEIR FAMILIES, AND CADDIES OF THE OLD ELM CLUB.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0179122
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0M JAY TREES
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1DAVID GRUMHAUS
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2RAY NEWTON JR
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3ALEXANDER STUART
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4RICHARD THOMAS
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0STUART L SCOTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-10
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0179122
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0179122
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0179122
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010671
IRS990/GrossReceiptsAmt0227895
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt048881
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048881
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01669650
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01869539
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt010681
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO AWARD OLD ELM CLUB EMPLOYEES, THEIR FAMILIES, AND CADDIES; COLLEGE SCHOLARSHIPS IN AMOUNTS RANGING FROM 1,000 TO 10,000.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01981676
IRS990/NetAssetsOrFundBalancesEOYAmt02015472
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-10
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-10
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt010681
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04296
IRS990/OfficeExpensesGrp/TotalAmt04296
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherRevenueMiscGrp/Desc0INVESTMENT PROCEEDS CLASS ACT
IRS990/OtherRevenueMiscGrp/ExclusionAmt0187
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0187
IRS990/OtherRevenueTotalAmt0187
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0M JAY TREES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0193561
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0156500
IRS990/PYInvestmentIncomeAmt038844
IRS990/PYOtherExpensesAmt02527
IRS990/PYOtherRevenueAmt02071
IRS990/PYRevenuesLessExpensesAmt075449
IRS990/PYTotalExpensesAmt0159027
IRS990/PYTotalRevenueAmt0234476
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt033796
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01981676
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02015472
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0117394
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098885
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0STOCKHOLDER CLASS ACTION SETTLEMENTS 2,258
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0168156
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0193561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0157326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0178657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0206469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0904169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048881
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039523
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt032205
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0188174
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0187
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02071
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02258
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81380
IRS990ScheduleA/PublicSupportPY170Pct00.82030
IRS990ScheduleA/PublicSupportTotal170Amt0890737
IRS990ScheduleA/SubstantialContributorsTotAmt013432
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0168156
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0193561
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0157326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0178657
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0206469
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0904169
IRS990ScheduleA/TotalSupportAmt01094601
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0179122
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt029
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PAYMENTS ARE NOT MADE FOR SCHOLARSHIPS UNTIL A TUITION STATEMENT IS RECEIVED FROM THE COLLEGE OR UNIVERSITY. CHECKS ARE PAYABLE TO APPROPRIATE COLLEGE OR UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEETS ONCE OR TWICE A YEAR AND MINUTES ARE GENERALLY TAKEN AT EACH MEETING. A WRITTEN LIST OF SCHOLARSHIP RECIPIENTS IS GENERATED AT THE ORGANIZATION'S BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN IS REVIEWED BY THE PRESIDENT AND/OR TREASURER PRIOR TO SIGNING AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NONCASH CONTRIBUTIONS OF STOCKS ARE GENERALLY SOLD AND CONVERTED TO CASH WITHIN A REASONABLE PERIOD OF TIME AFTER RECEIPT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VIII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01981676
IRS990/TotalAssetsEOYAmt02015472
IRS990/TotalAssetsGrp/BOYAmt01981676
IRS990/TotalAssetsGrp/EOYAmt02015472
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0168156
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04296
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0179122
IRS990/TotalFunctionalExpensesGrp/TotalAmt0183418
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01981676
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02015472
IRS990/TotalProgramServiceExpensesAmt0179122
IRS990/TotalRevenueGrp/ExclusionAmt049058
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0217214
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01981676
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02015472
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt070 WEST MADISON STREET SUITE 640
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060602
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0M JAY TREES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08474326270
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD ELM SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OLDE
ReturnHeader/Filer/EIN0237399476
ReturnHeader/Filer/PhoneNum08474326270
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 OLD ELM ROAD
ReturnHeader/Filer/USAddress/CityNm0HIGHLAND PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060035
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270479293
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PHILIPRAE & ASSOCIATES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0564 S WASHINGTON ST STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NAPERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060540
ReturnHeader/PreparerPersonGrp/PhoneNum06305053620
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN S MASTRANGELI
ReturnHeader/ReturnTs02015-10-22T15:25:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,015,472
Liabilities
$0
Net assets
$2,015,472
Revenue
$217,214
Expenses
$183,418
Net income
$33,796
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$0.40$0.53$0.13
2024Detailed filing. Detailed filing data is available for this year.$3.59$0.00$3.59$0.53$0.52$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$0.24$0.51$0.27
2022Detailed filing. Detailed filing data is available for this year.$3.85$0.00$3.85$0.35$0.47$0.12
2021Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$1.30$0.33$0.97
2020Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$0.37$0.24$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$0.26$0.30$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.88$0.00$2.88$0.35$0.25$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$0.50$0.24$0.26
2015Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$0.22$0.18$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$0.22$0.18$0.03