Civic Intelligence

Bloomington Public Schools District 87 Foundation Inc.

990 • Fiscal year 2016 • EIN 26-1220258

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 31, 2017

Organization ProfileWWW.DISTRICT87.ORG
PO Box 249Bloomington, IL 61702

(309) 827-6031

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

81st percentile

21%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

60th percentile

4.2%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-30%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$1,348,422

Up $54,075 (+4.2%) from 2015

Net Assets

Up

$1,348,422

Up $54,075 (+4.2%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin81st percentile

Revenue

Down

$43,932

Down $19,182 (-30%) from 2015

Expenses

Up

$34,706

Up $17,439 (+101%) from 2015

Net Income

Down

$9,226

Down $36,621 (-80%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$3.0M$2.0M$1.0M$0Assets 2015: $1,294,347Liabilities 2015: $0Net Assets 2015: $1,294,3472015Assets 2016: $1,348,422Liabilities 2016: $0Net Assets 2016: $1,348,4222016Assets 2017: $1,502,378Liabilities 2017: $0Net Assets 2017: $1,502,3782017Assets 2018: $1,425,246Liabilities 2018: $0Net Assets 2018: $1,425,2462018Assets 2019: $1,687,990Liabilities 2019: $0Net Assets 2019: $1,687,9902019Assets 2020: $1,991,482Liabilities 2020: $0Net Assets 2020: $1,991,4822020Assets 2021: $2,257,768Liabilities 2021: $0Net Assets 2021: $2,257,7682021Assets 2022: $2,154,628Liabilities 2022: $0Net Assets 2022: $2,154,6282022Assets 2023: $2,454,022Liabilities 2023: $0Net Assets 2023: $2,454,0222023Assets 2024: $2,712,053Liabilities 2024: $0Net Assets 2024: $2,712,0532024

Highlighted filing

2016

Assets$1,348,422
Liabilities$0
Net Assets$1,348,422
Open 2016 Filing

Operations Trend

Revenue Growth11th percentile

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

$400K$300K$200K$100K$0Revenue 2015: $63,114Expenses 2015: $17,267Net Income 2015: $45,8472015Revenue 2016: $43,932Expenses 2016: $34,706Net Income 2016: $9,2262016Revenue 2017: $56,268Expenses 2017: $33,246Net Income 2017: $23,0222017Revenue 2018: $73,518Expenses 2018: $27,968Net Income 2018: $45,5502018Revenue 2019: $100,104Expenses 2019: $33,913Net Income 2019: $66,1912019Revenue 2020: $88,097Expenses 2020: $29,419Net Income 2020: $58,6782020Revenue 2021: $201,555Expenses 2021: $66,149Net Income 2021: $135,4062021Revenue 2022: $369,537Expenses 2022: $71,435Net Income 2022: $298,1022022Revenue 2023: $93,957Expenses 2023: $59,248Net Income 2023: $34,7092023Revenue 2024: $149,577Expenses 2024: $60,420Net Income 2024: $89,1572024

Highlighted filing

2016

Revenue$43,932
Expenses$34,706
Net Income$9,226
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 31, 2017
Return Version
2016v3.0
Gross Receipts
$275,286
Mission and Program Overview

Mission

To make scholarship distributions for the benefit of the bloomington public schools district 87 and its students in mclean county, illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,199,294$1,264,539▲ $65,245
Savings and Temporary Cash Investments$95,053$83,883▼ $11,170
Total Assets$1,294,347$1,348,422▲ $54,075
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,294,347$1,348,422▲ $54,075
Total Net Assets Fund Balance$1,294,347$1,348,422▲ $54,075
Total Liabilities and Net Assets / Fund Balance$1,294,347$1,348,422▲ $54,075
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jennifer SedbrookPresident
Brigette BeasleyBoard Member
James AlmedaBoard Member
Kiasha HenryBoard Member
Mark WylieBoard Member
Mary YountBoard Member
Tammy HoutzelBoard Member
David WoodAdministrato
Revenue and Support

Revenue Composition

Contributions and Grants
$50
Program Service Revenue
$0
Investment Income
$43,882
Other Revenue
$0
All Other Contributions
$50
Change in Net Assets
$9,226

Audited Revenue Reconciliation

Revenue per Audited Statements
$43,932
Revenue Not Reported on Form 990
$44,849
Total Revenue per Audited Statements
$88,781
Total Revenue per Form 990
$43,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$27,500
Other Expenses$7,206
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$27,500--$27,500
Fees for Service Investment Mgmnt Fees-$7,206-$7,206
Total Functional Expenses$27,500$7,206$0$34,706

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$34,706
Total Expenses per Audited Statements$34,706
Total Expenses per Form 990$34,706
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bloomington Public Schools No 87Bloomington, ILGov-$27,500
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
Audit committee
Yes
Backup withholding compliance
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, Page 6, Part VI, Line 11B

“The 990 is reviewed by the governing board. Depending upon the completion of the form, it may or may not be reviewed by the finance committee prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Bloomington public school district 87 foundation makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Bloomington Public Schools District
EIN
26-1220258
Address
PO BOX 249, BLOOMINGTON, IL 61702

Signing Officer

Name
David Wood
Title
Administrator
Signed
2017-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Wood
Formed
2007
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
15

Preparer

Firm
Gorenz and Associates Ltd
Address
4200 N KNOXVILLE AVE, PEORIA, IL 61614
Preparer
Stephanie K Ramsay CPA
Phone
3096857621
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Bloomington foundation files informational tax returns in the u.s. Federal and state of illinois jurisdictions. Management does not consider any of the organization's tax positions to be "uncertain." after assessing the organization's tax positions, management believes all tax positions would be sustainable upon irs review. As of december 31, 2016, the fiscal years beginning 2015, 2014 and 2013 income tax returns remain subject to examination by the internal revenue service and the illinois attorney general.”

Raw XML Appendix325 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 MAKE SCHOLARSHIP DISTRIBUTIONS FOR THE BENEFIT OF THE BLOOMINGTON PUBLIC SCHOOLS DISTRICT 87 AND ITS STUDENTS IN MCLEAN COUNTY, ILLINOIS.
IRS990/AllOtherContributionsAmt050
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0DAVID WOOD
IRS990/BooksInCareOfDetail/PhoneNum03098276031
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 249
IRS990/BooksInCareOfDetail/USAddress/CityNm0BLOOMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd061702
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt050
IRS990/CYGrantsAndSimilarPaidAmt027500
IRS990/CYInvestmentIncomeAmt043882
IRS990/CYOtherExpensesAmt07206
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt09226
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt034706
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt043932
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SCHOLARSHIPS TO SENIORS GRADUATING FROM BLOOMINGTON PUBLIC SCHOOL DISTRICT 87
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt027500
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt07206
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt07206
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JENNIFER SEDBROOK
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES ALMEDA
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIGETTE BEASLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3KIASHA HENRY
IRS990/Form990PartVIISectionAGrp/PersonNm4TAMMY HOUTZEL
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK WYLIE
IRS990/Form990PartVIISectionAGrp/PersonNm6MARY YOUNT
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID WOOD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7ADMINISTRATO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt017739
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt027500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt027500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt027500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0249093
IRS990/GrossReceiptsAmt0275286
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt018530
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07613
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026143
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01199294
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01264539
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0231354
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO MAKE SCHOLARSHIP DISTRIBUTIONS FOR THE BENEFIT OF THE BLOOMINGTON PUBLIC SCHOOLS DISTRICT 87 AND ITS STUDENTS IN MCLEAN COUNTY, ILLINOIS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01294347
IRS990/NetAssetsOrFundBalancesEOYAmt01348422
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt017739
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt017739
IRS990/NetUnrlzdGainsLossesInvstAmt044849
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID WOOD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01014
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010000
IRS990/PYInvestmentIncomeAmt062100
IRS990/PYOtherExpensesAmt07267
IRS990/PYRevenuesLessExpensesAmt045847
IRS990/PYTotalExpensesAmt017267
IRS990/PYTotalRevenueAmt063114
IRS990/ReconcilationRevenueExpnssAmt09226
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt095053
IRS990/SavingsAndTempCashInvstGrp/EOYAmt083883
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0376004024
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt027500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BLOOMINGTON PUBLIC SCHOOLS NO 87
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt027500
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt034706
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt044849
IRS990ScheduleD/RevenueNotReportedAmt044849
IRS990ScheduleD/RevenueSubtotalAmt043932
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BLOOMINGTON FOUNDATION FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL AND STATE OF ILLINOIS JURISDICTIONS. MANAGEMENT DOES NOT CONSIDER ANY OF THE ORGANIZATION'S TAX POSITIONS TO BE "UNCERTAIN." AFTER ASSESSING THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS WOULD BE SUSTAINABLE UPON IRS REVIEW. AS OF DECEMBER 31, 2016, THE FISCAL YEARS BEGINNING 2015, 2014 AND 2013 INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE ILLINOIS ATTORNEY GENERAL.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt034706
IRS990ScheduleD/TotalRevenuePerForm990Amt043932
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt088781
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt034706
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt027500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BLOOMINGTON PUBLIC SCHOOLS NO 87
IRS990ScheduleI/RecipientTable/RecipientEIN0376004024
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0300 E MONROE ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BLOOMINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd061701
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE GOVERNING BOARD. DEPENDING UPON THE COMPLETION OF THE FORM, IT MAY OR MAY NOT BE REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BLOOMINGTON PUBLIC SCHOOL DISTRICT 87 FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01294347
IRS990/TotalAssetsEOYAmt01348422
IRS990/TotalAssetsGrp/BOYAmt01294347
IRS990/TotalAssetsGrp/EOYAmt01348422
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt050
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07206
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027500
IRS990/TotalFunctionalExpensesGrp/TotalAmt034706
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01294347
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01348422
IRS990/TotalProgramServiceExpensesAmt027500
IRS990/TotalRevenueGrp/ExclusionAmt018530
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025352
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt043932
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01294347
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01348422
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01294347
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01348422
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 249
IRS990/USAddress/CityNm0BLOOMINGTON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061702
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.DISTRICT87.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID WOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLOOMINGTON PUBLIC SCHOOLS DISTRICT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt087 FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BLOO
ReturnHeader/Filer/EIN0261220258
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 249
ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061702
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D9267C1D93C56C7330386A97443ADB72DA3489FE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E57847195F8738D22B06F16A4A0CB51207421836
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371017405
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GORENZ AND ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04200 N KNOXVILLE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PEORIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061614
ReturnHeader/PreparerPersonGrp/PhoneNum03096857621
ReturnHeader/PreparerPersonGrp/PreparationDt02017-07-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHANIE K RAMSAY CPA
ReturnHeader/ReturnTs02017-08-21T10:34:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,348,422
Liabilities
$0
Net assets
$1,348,422
Revenue
$43,932
Expenses
$34,706
Net income
$9,226
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$0.15$0.06$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$0.09$0.06$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$0.37$0.07$0.30
2021Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.20$0.07$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.09$0.03$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.10$0.03$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.07$0.03$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.06$0.03$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.06$0.02$0.05