Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Schaumburg Township Elementary School Foundation
990EZ • Fiscal year 2021 • EIN 36-3591335
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Balance Sheet
Assets
Down$209,933
Down $29,494 (-12%) from 2020
Net Assets
Down$209,933
Down $29,494 (-12%) from 2020
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$86,492
Down $57,613 (-40%) from 2020
Expenses
Up$115,986
Up $19,191 (+20%) from 2020
Net Income
Down-$29,494
Down $76,804 (-162%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- May 5, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $106,026
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FOOD PANTRY DONATIONS SUPPORTING FAMILIES DURING THE PANDEMIC. 70,000 OF REVENUE RECEIVED FROM DONATIONS AND CONTRIBUTIONS. | $70,000 | $70,000 |
| CRISIS FUND SUPPORTING FAMILIES DURING THE PANDEMIC. 8,071 OF REVENUE RECEIVED FROM DONATIONS AND CONTRIBUTIONS. | $27,053 | $27,053 |
| MEMORIAL GRANTS TO LOW INCOME STUDENTS OF DISTRICT 54. USED TO OFFSET THE COST INCURRED FOR SUMMER PROGRAMMING THAT THESE STUDENTS WOULD NOT OTHERWISE BE ABLE TO AFFORD. | $17,410 | $17,410 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SCOTT FELGENHAUER | Chairman | - | $0 | - | - |
| ANDY MURRAY | Vice Chairma | - | $0 | - | - |
| SUSAN BUDAK | Treasurer | - | $0 | - | - |
| MARY KAY PRUSNICK | Secretary | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Outing | $12,307 | $12,307 | $19,534 | $-7,227 |
| Total Events | $12,307 | $12,307 | $19,534 | $-7,227 |
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
- Scott Felgenhauer
- Title
- Chairman
- Phone
- 8479348900
- Signed
- 2022-05-05
Preparer
- Firm
- Gladstone Tax & Accounting LLC
- Address
- 116 ANDREW LANE, SCHAUMBURG, IL 60193
- Preparer
- William Gladstone
- Phone
- 8473700949
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Name: grants to students & their families cash contribution: 17,410 name: grants to other organizations cash contribution: 97,053”
Form 990-ez, Part I, Line 16
“Expenses other insurance expense 1,128 license fees 25 total 1,153”
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 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.”
Raw XML Appendix162 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RIC KING |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8473575039 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SCHAUMBURG |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60194 |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 209933 |
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| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -29494 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
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| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 15112 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 114463 |
| IRS990EZ/GrossReceiptsAmt | 0 | 106026 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 29 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SCOTT FELGENHAUER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANDY MURRAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SUSAN BUDAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARY KAY PRUSNICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIRMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1153 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 370 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FOOD PANTRY DONATIONS SUPPORTING FAMILIES DURING THE PANDEMIC. 70,000 OF REVENUE RECEIVED FROM DONATIONS AND CONTRIBUTIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | CRISIS FUND SUPPORTING FAMILIES DURING THE PANDEMIC. 8,071 OF REVENUE RECEIVED FROM DONATIONS AND CONTRIBUTIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | MEMORIAL GRANTS TO LOW INCOME STUDENTS OF DISTRICT 54. USED TO OFFSET THE COST INCURRED FOR SUMMER PROGRAMMING THAT THESE STUDENTS WOULD NOT OTHERWISE BE ABLE TO AFFORD. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 70000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 27053 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 17410 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 70000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 27053 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 17410 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 19534 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -4422 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 115986 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 114463 |
| IRS990EZ/TotalRevenueAmt | 0 | 86492 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationOtherDesc | 0 | FOUNDATION |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.D54FOUNDATION.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 90885 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 135712 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 159215 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 132671 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 164013 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 682496 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 29 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 427 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1797 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1051 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 77 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 3381 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 75944 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99510 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99520 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 682496 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 90885 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 135712 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 159215 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 132671 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 164013 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 682496 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 685877 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 19534 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF OUTING |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 12307 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 12307 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 12307 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 12307 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -7227 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 19534 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 19534 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: GRANTS TO STUDENTS & THEIR FAMILIES CASH CONTRIBUTION: 17,410 NAME: GRANTS TO OTHER ORGANIZATIONS CASH CONTRIBUTION: 97,053 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OTHER INSURANCE EXPENSE 1,128 LICENSE FEES 25 TOTAL 1,153 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SCOTT FELGENHAUER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8479348900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SCHAUMBURG TOWNSHIP ELEMENTARY |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | SCHOOL FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SCHA |
| ReturnHeader/Filer/EIN | 0 | 363591335 |
| ReturnHeader/Filer/PhoneNum | 0 | 8473575039 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 524 E SCHAUMBURG ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SCHAUMBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60194 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 844400287 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GLADSTONE TAX & ACCOUNTING LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 116 ANDREW LANE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SCHAUMBURG |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60193 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8473700949 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-06-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM GLADSTONE |
| ReturnHeader/ReturnTs | 0 | 2022-07-05T15:26:29-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TOM |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MANZARDO |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $209,933
- Liabilities
- -
- Net assets
- $209,933
- Revenue
- $86,492
- Expenses
- $115,986
- Net income
- -$29,494