Civic Intelligence

Schaumburg Township Elementary School Foundation

990EZ • Fiscal year 2016 • EIN 36-3591335

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

Organization ProfileWWW.D54FOUNDATION.COM
524 E Schaumburg RoadSchaumburg, IL 60194

(847) 357-5039

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

91st percentile

46%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$110,539

No earlier filing loaded for comparison.

Net Assets

$110,539

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin91st percentile

Revenue

$114,326

No earlier filing loaded for comparison.

Expenses

$61,321

No earlier filing loaded for comparison.

Net Income

$53,005

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.

$300K$200K$100K$0Assets 2016: $110,539Net Assets 2016: $110,5392016Assets 2017: $146,833Net Assets 2017: $146,8332017Assets 2018: $162,583Liabilities 2018: $25,722Net Assets 2018: $136,8612018Assets 2019: $192,117Net Assets 2019: $192,1172019Assets 2020: $239,427Net Assets 2020: $239,4272020Assets 2021: $209,933Net Assets 2021: $209,9332021Assets 2022: $190,182Net Assets 2022: $190,1822022Assets 2023: $150,888Net Assets 2023: $150,8882023Assets 2024: $200,218Liabilities 2024: $0Net Assets 2024: $200,2182024

Highlighted filing

2016

Assets$110,539
Liabilities-
Net Assets$110,539
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2016: $114,326Expenses 2016: $61,321Net Income 2016: $53,0052016Revenue 2017: $161,821Expenses 2017: $125,527Net Income 2017: $36,2942017Revenue 2018: $130,076Expenses 2018: $140,048Net Income 2018: -$9,9722018Revenue 2019: $171,038Expenses 2019: $115,782Net Income 2019: $55,2562019Revenue 2020: $144,105Expenses 2020: $96,795Net Income 2020: $47,3102020Revenue 2021: $86,492Expenses 2021: $115,986Net Income 2021: -$29,4942021Revenue 2022: $147,035Expenses 2022: $166,786Net Income 2022: -$19,7512022Revenue 2023: $133,552Expenses 2023: $172,846Net Income 2023: -$39,2942023Revenue 2024: $163,553Expenses 2024: $114,223Net Income 2024: $49,3302024

Highlighted filing

2016

Revenue$114,326
Expenses$61,321
Net Income$53,005
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 1, 2017
Return Version
2016v3.0
Gross Receipts
$139,693
Mission and Program Overview

Mission

The schaumburg township elementary school foundation, incorporated in 1987, was established to generate and distribute financial and other resources to the school district 54 community for enrichment programs and other projects aimed at enhancing the quality of education and providing students with extended learning opportunities. The foundation has committed to fund food programs in district 54 schools to ensure that students begin their day ready to learn. The foundation also provides grants to students to cultivate academic, cultural or athletic extracurricular interests.

The schaumburg township elementary school foundation, incorporated in 1987, was established to generate and distribute financial and other resources to the school district 54 community for enrichment programs and other projects aimed at enhancing the quality of education and providing students with extended learning opportunities. The foundation has committed to fund breakfast programs in district 54 schools to ensure that students begin their day ready to learn. The foundation also provides grants to district 54 employees to foster innovative and creative approaches or to expand on proven ideas for classroom or school projects and provides grants to students to cultivate academic, cultrural or athletic extracurricular interests.

Program Services

DescriptionGrantsExpenses
FOOD-4-THOUGHT BREAKFAST PROGRAM FOR 10 SCHOOLS SITES SERVING LOW INCOME STUDENTS. 33,850 OF REVENUE RECEIVED FROM DONATIONS AND CONTRIBUTIONS.-$25,185
MEMORIAL GRANTS TO LOW INCOME STUDENTS OF DISTRICT 54. THESE GRANTS WERE USED TO OFFSET THE COSTS INCURRED FOR SUMMER PROGRAMMING THAT THESE STUDENTS WOULD NOT BE ABLE TO AFFORD WITHOUT THIS SUPPORT. REVENUE DONATIONS FOR THIS PROGRAM WAS 5,530.-$23,167
MOTOROLA GRANT USED TO SUPPORT THE GEMS PROGRAM FOR STUDENTS IN THE SCHOOL DISTRICT 54 PROGRAM.$7,601$7,601
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM MANZARDOChairmanPT$0--
DARYL SAYLORVice ChairmaPT$0--
WILLIAM GLADSTONETreasurerPT$0--
DONNA ANDERSONSecretaryPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$54,878$25,328$16,425$8,903
Total Events$54,878$25,328$25,367$-39
Filing and Contact Details

Filer

Filer Name
Schaumburg Township Elementary
EIN
36-3591335
Phone
8473575039
Address
524 E SCHAUMBURG ROAD, SCHAUMBURG, IL 60194

Signing Officer

Name
William Gladstone
Title
Treasurer
Phone
8479348900
Signed
2017-05-01

Preparer

Firm
Paquette & Company Ltd
Address
1208 W NORTHWEST HIGHWAY, PALATINE, IL 60067-1897
Preparer
William Gladstone
Phone
8479348900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“57,088 0 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 498 0”

Form 990-ez, Part III

“The schaumburg township elementary school foundation, incorporated in 1987, was established to generate and distribute financial and other resources to the school district 54 community for enrichment programs and other projects aimed at enhancing the quality of education and providing students with extended learning opportunities. The foundation has committed to fund breakfast programs in district 54 schools to ensure that students begin their day ready to learn. The foundation also provides grants to district 54 employees to foster innovative and creative approaches or to expand on proven ideas for classroom or school projects and provides grants to students to cultivate academic, cultrural or athletic extracurricular interests.”

Form 990-ez, Part III, Line 30

“Memorial grants to low income students of district 54. These grants were used to offset the costs incurred for summer programming that these students would not be able to afford without this support. Revenue donations for this program was 5,530.”

Raw XML Appendix179 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.

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IRS990EZ/PrintingPublicationsPostageAmt02115
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOOD-4-THOUGHT BREAKFAST PROGRAM FOR 10 SCHOOLS SITES SERVING LOW INCOME STUDENTS. 33,850 OF REVENUE RECEIVED FROM DONATIONS AND CONTRIBUTIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MOTOROLA GRANT USED TO SUPPORT THE GEMS PROGRAM FOR STUDENTS IN THE SCHOOL DISTRICT 54 PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2MEMORIAL GRANTS TO LOW INCOME STUDENTS OF DISTRICT 54. THESE GRANTS WERE USED TO OFFSET THE COSTS INCURRED FOR SUMMER PROGRAMMING THAT THESE STUDENTS WOULD NOT BE ABLE TO AFFORD WITHOUT THIS SUPPORT. REVENUE DONATIONS FOR THIS PROGRAM WAS 5,530.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt057,088 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 498 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION, INCORPORATED IN 1987, WAS ESTABLISHED TO GENERATE AND DISTRIBUTE FINANCIAL AND OTHER RESOURCES TO THE SCHOOL DISTRICT 54 COMMUNITY FOR ENRICHMENT PROGRAMS AND OTHER PROJECTS AIMED AT ENHANCING THE QUALITY OF EDUCATION AND PROVIDING STUDENTS WITH EXTENDED LEARNING OPPORTUNITIES. THE FOUNDATION HAS COMMITTED TO FUND BREAKFAST PROGRAMS IN DISTRICT 54 SCHOOLS TO ENSURE THAT STUDENTS BEGIN THEIR DAY READY TO LEARN. THE FOUNDATION ALSO PROVIDES GRANTS TO DISTRICT 54 EMPLOYEES TO FOSTER INNOVATIVE AND CREATIVE APPROACHES OR TO EXPAND ON PROVEN IDEAS FOR CLASSROOM OR SCHOOL PROJECTS AND PROVIDES GRANTS TO STUDENTS TO CULTIVATE ACADEMIC, CULTRURAL OR ATHLETIC EXTRACURRICULAR INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMORIAL GRANTS TO LOW INCOME STUDENTS OF DISTRICT 54. THESE GRANTS WERE USED TO OFFSET THE COSTS INCURRED FOR SUMMER PROGRAMMING THAT THESE STUDENTS WOULD NOT BE ABLE TO AFFORD WITHOUT THIS SUPPORT. REVENUE DONATIONS FOR THIS PROGRAM WAS 5,530.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GLADSTONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08479348900
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHAUMBURG TOWNSHIP ELEMENTARY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SCHA
ReturnHeader/Filer/EIN0363591335
ReturnHeader/Filer/PhoneNum08473575039
ReturnHeader/Filer/USAddress/AddressLine1Txt0524 E SCHAUMBURG ROAD
ReturnHeader/Filer/USAddress/CityNm0SCHAUMBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060194
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId005F306D322AA9CE035320F44B16AA575BAA07600
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363122464
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAQUETTE & COMPANY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01208 W NORTHWEST HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PALATINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0600671897
ReturnHeader/PreparerPersonGrp/PhoneNum08479348900
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM GLADSTONE
ReturnHeader/ReturnTs02017-05-15T10:10:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$110,539
Liabilities
-
Net assets
$110,539
Revenue
$114,326
Expenses
$61,321
Net income
$53,005
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$1.64$1.14$0.49
2023Detailed filing. Detailed filing data is available for this year.$1.51$1.51$1.34$1.73$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.90$1.90$1.47$1.67$0.20
2021Detailed filing. Detailed filing data is available for this year.$2.10$2.10$0.86$1.16$0.29
2020Detailed filing. Detailed filing data is available for this year.$2.39$2.39$1.44$0.97$0.47
2019Detailed filing. Detailed filing data is available for this year.$1.92$1.92$1.71$1.16$0.55
2018Detailed filing. Detailed filing data is available for this year.$1.63$0.26$1.37$1.30$1.40$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.47$1.47$1.62$1.26$0.36
2016Detailed filing. Detailed filing data is available for this year.$1.11$1.11$1.14$0.61$0.53