Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
990 • Fiscal year 2023 • EIN 30-0080762
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
67th percentile
Faster revenue growth than 67% of similar nonprofits.
Assets
Up$5,520,488
Up $389,246 (+7.6%) from 2022
Net Assets
Up$5,283,015
Up $357,716 (+7.3%) from 2022
Liabilities
Up$237,473
Up $31,530 (+15%) from 2022
Revenue
Up$349,055
Up $52,027 (+18%) from 2022
Expenses
Up$492,147
Up $54,661 (+12%) from 2022
Net Income
Down-$143,092
Down $2,634 (-1.9%) from 2022
To help provide for the well-being of the citizens of northwest illinois by accumulating assets in the form of permanent endowment funds & prudently distributing income from those funds to charitable organizations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $5,059,319 | $5,294,539 | ▲ $235,220 |
| Cash and Non-Interest-Bearing Accounts | $71,923 | $225,949 | ▲ $154,026 |
| Total Assets | $5,131,242 | $5,520,488 | ▲ $389,246 |
| Liabilities | |||
| Escrow Account Liability | $152,454 | $183,984 | ▲ $31,530 |
| Other Liabilities | $42,915 | $53,489 | ▲ $10,574 |
| Total Liabilities | $195,369 | $237,473 | ▲ $42,104 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $4,487,786 | $4,801,732 | ▲ $313,946 |
| Net Assets With Donor Restrictions | $448,087 | $481,283 | ▲ $33,196 |
| Total Net Assets Fund Balance | $4,935,873 | $5,283,015 | ▲ $347,142 |
| Total Liabilities and Net Assets / Fund Balance | $5,131,242 | $5,520,488 | ▲ $389,246 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | - | $5,338 | $5,338 |
| Equipment | - | $3,294 | $3,294 |
| Other Land Buildings | - | $624 | $624 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $448,087 | - | - | - | $448,087 |
| 2022 | $510,972 | $7,200 | ▼ $52,335 | - | $448,087 |
| 2021 | $448,920 | $17,065 | ▲ $64,682 | - | $510,972 |
| 2020 | $406,767 | $12,238 | ▲ $35,897 | - | $448,920 |
| 2019 | $341,200 | $14,990 | ▲ $60,124 | - | $406,767 |
| Name | Title |
|---|---|
| Kim Rampenthal | President |
| Michelle Dehaven Quast | CEO |
| Andrew Stewart | Member |
| Bradley Stewart | Member |
| Cindy Foley | Member |
| Judd Thruman | Member |
| Nick Grindey | Member |
| Samantha Schaible | Member |
| Yvette Sellers | Member |
| Andrea Schultz Winter | Past Preside |
| Jenny Blocker | Treasurer |
| Matt Moyer | Vice Preside |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $235,792 |
| Salaries, Compensation, and Employee Benefits | $134,898 |
| Other Expenses | $121,457 |
| Total Fundraising Expense | $3,112 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $235,792 | - | - | $235,792 |
| Other Salaries and Wages | - | $124,540 | - | $124,540 |
| Fees for Service Investment Mgmnt Fees | - | $25,836 | - | $25,836 |
| Fees for Services Accounting | - | $18,906 | - | $18,906 |
| Office Expenses | - | $17,805 | - | $17,805 |
| Payroll Taxes | - | $10,358 | - | $10,358 |
| Occupancy | - | $8,500 | - | $8,500 |
| All Other Expenses | - | $4,368 | - | $4,368 |
| Conferences and Meetings | - | $3,772 | - | $3,772 |
| Travel | - | $3,279 | - | $3,279 |
| Other Expenses | $8,300 | $4,327 | $3,112 | $3,112 |
| Insurance | - | $2,231 | - | $2,231 |
| Fees for Services Legal | - | $148 | - | $148 |
| Total Functional Expenses | $244,092 | $244,943 | $3,112 | $492,147 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $492,147 |
| Total Expenses per Audited Statements | $492,147 |
| Total Expenses per Form 990 | $492,147 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Misc Discretionary Allocations | - | - | - | $235,792 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Annuity Payable | $53,489 |
“Form 990 was presented to the executive committee of the board of directors during a regularly scheduled meeting. Members of the executive committee were given the opportunity to review the 990 prior to filing with the irs.”
“Each board member signs a conflict of interest statement (they are also given a copy of it) indicating any potential conflicts. All committee members sign a conflict of interest statement as well. The executive director reviews the statements prior to the grant award cycle and scholarship approval process. During the grant award cycles and the scholarship approval process, the executive director ask members to recuse themselves from voting if they have a conflict.”
“The foundation follows the rules and regulations of the irs regarding public availability of form 990 as well as any other required documents. The form 990 is available upon request either by downloading from the foundation's website or having it mailed or examining it in the foundation's office. The foundation also has available upon request financial information such as performance history, list of investment managers, audit fees, and the body responsible for investment and oversight.”
“Change in value of annuity payable -10,574”
“The foundation acts as an agent for funds in which distributions benefit the donor organization. These funds are recorded as liabilities. All contributions received, investment income and fees, realized and unrealized gains are losses are netted together and reported as additions to the liability account. Distributions are recorded as reductions of the liability.”
“The foundation acts as an agent for funds in which distributions benefit the donor organization. These funds are recorded as liabilities. All contributions recieved, investment income and fees, realized and unrealized gains are losses are netted together and reported as additions to the liability account. Distributions are recorded as reductions of the liability.”
“The endowment funds are to provide grants and/or scholarships from the earnings on the endowment funds.”
“Change in annuity value 0”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS. |
| IRS990/AllOtherContributionsAmt | 0 | 200365 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4368 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 4368 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MICHELLE DEHAVEN QUAST |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8158013035 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1525 S FOREST RD SUITE 200 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FREEPORT |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 61032 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 71923 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 225949 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 3772 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3772 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | true |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 200365 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 235792 |
| IRS990/CYInvestmentIncomeAmt | 0 | 138073 |
| IRS990/CYOtherExpensesAmt | 0 | 121457 |
| IRS990/CYOtherRevenueAmt | 0 | 10617 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -143092 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 134898 |
| IRS990/CYTotalExpensesAmt | 0 | 492147 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 3112 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 349055 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | GRANTS TO LOCAL CHARITABLE ORGANIZATIONS TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | true |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 448087 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 481283 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 152454 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 183984 |
| IRS990/ExpenseAmt | 0 | 244092 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 18906 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 18906 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 148 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 148 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 25836 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 25836 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MICHELLE DEHAVEN QUAST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KIM RAMPENTHAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MATT MOYER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ANDREA SCHULTZ WINTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JENNY BLOCKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BRADLEY STEWART |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | CINDY FOLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | NICK GRINDEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SAMANTHA SCHAIBLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | YVETTE SELLERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | ANDREW STEWART |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JUDD THRUMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2002 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -26777 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantAmt | 0 | 235792 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 235792 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 235792 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 375832 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2231 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2231 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 164850 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 164850 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 5059319 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 5294539 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9256 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 9256 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 26777 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4935873 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5283015 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -26777 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -26777 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 500808 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4487786 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4801732 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 8500 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 8500 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 17805 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 17805 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -10574 |
| IRS990/OtherExpensesGrp/Desc | 0 | MARKETING |
| IRS990/OtherExpensesGrp/Desc | 1 | ANNUITY PAYMENTS |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | FUNDRAISING EXPENSE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 3112 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 20873 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 4327 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 8300 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 20873 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 8300 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4327 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3112 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 42915 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 53489 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISC INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 10617 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 10617 |
| IRS990/OtherRevenueTotalAmt | 0 | 10617 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 124540 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 124540 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 10358 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 10358 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | MICHELLE DEHAVEN QUAST |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 112794 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 252747 |
| IRS990/PYInvestmentIncomeAmt | 0 | 101233 |
| IRS990/PYOtherExpensesAmt | 0 | 92370 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -216204 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 85114 |
| IRS990/PYTotalExpensesAmt | 0 | 430231 |
| IRS990/PYTotalRevenueAmt | 0 | 214027 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ANNUITY PAYABLE |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION ACTS AS AN AGENT FOR FUNDS IN WHICH DISTRIBUTIONS BENEFIT THE DONOR ORGANIZATION. THESE FUNDS ARE RECORDED AS LIABILITIES. ALL CONTRIBUTIONS RECEIVED, INVESTMENT INCOME AND FEES, REALIZED AND UNREALIZED GAINS ARE LOSSES ARE NETTED TOGETHER AND REPORTED AS ADDITIONS TO THE LIABILITY ACCOUNT. DISTRIBUTIONS ARE RECORDED AS REDUCTIONS OF THE LIABILITY. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE FOUNDATION ACTS AS AN AGENT FOR FUNDS IN WHICH DISTRIBUTIONS BENEFIT THE DONOR ORGANIZATION. THESE FUNDS ARE RECORDED AS LIABILITIES. ALL CONTRIBUTIONS RECIEVED, INVESTMENT INCOME AND FEES, REALIZED AND UNREALIZED GAINS ARE LOSSES ARE NETTED TOGETHER AND REPORTED AS ADDITIONS TO THE LIABILITY ACCOUNT. DISTRIBUTIONS ARE RECORDED AS REDUCTIONS OF THE LIABILITY. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | THE ENDOWMENT FUNDS ARE TO PROVIDE GRANTS AND/OR SCHOLARSHIPS FROM THE EARNINGS ON THE ENDOWMENT FUNDS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | CHANGE IN ANNUITY VALUE 0 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 2, PART IV, LINE 1B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 2, PART IV, LINE 2B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 2, PART V, LINE 4 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 WAS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DURING A REGULARLY SCHEDULED MEETING. MEMBERS OF THE EXECUTIVE COMMITTEE WERE GIVEN THE OPPORTUNITY TO REVIEW THE 990 PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT (THEY ARE ALSO GIVEN A COPY OF IT) INDICATING ANY POTENTIAL CONFLICTS. ALL COMMITTEE MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT AS WELL. THE EXECUTIVE DIRECTOR REVIEWS THE STATEMENTS PRIOR TO THE GRANT AWARD CYCLE AND SCHOLARSHIP APPROVAL PROCESS. DURING THE GRANT AWARD CYCLES AND THE SCHOLARSHIP APPROVAL PROCESS, THE EXECUTIVE DIRECTOR ASK MEMBERS TO RECUSE THEMSELVES FROM VOTING IF THEY HAVE A CONFLICT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION FOLLOWS THE RULES AND REGULATIONS OF THE IRS REGARDING PUBLIC AVAILABILITY OF FORM 990 AS WELL AS ANY OTHER REQUIRED DOCUMENTS. THE FORM 990 IS AVAILABLE UPON REQUEST EITHER BY DOWNLOADING FROM THE FOUNDATION'S WEBSITE OR HAVING IT MAILED OR EXAMINING IT IN THE FOUNDATION'S OFFICE. THE FOUNDATION ALSO HAS AVAILABLE UPON REQUEST FINANCIAL INFORMATION SUCH AS PERFORMANCE HISTORY, LIST OF INVESTMENT MANAGERS, AUDIT FEES, AND THE BODY RESPONSIBLE FOR INVESTMENT AND OVERSIGHT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CHANGE IN VALUE OF ANNUITY PAYABLE -10,574 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.