Civic Intelligence

Indian Prairie Educational Foundation

990 • Fiscal year 2021 • EIN 36-3652236

Jul 01, 2020 to Jun 30, 2021 • Filed on Jul 06, 2022

P O Box 3900Naperville, IL 60567

(630) 375-3652

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

47th percentile

6.8%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

53rd percentile

8.1%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

33rd percentile

-17%

Faster revenue growth than 33% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$324,796

Up $24,464 (+8.1%) from 2020

Net Assets

Up

$324,796

Up $24,464 (+8.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$358,242

Down $74,231 (-17%) from 2020

Expenses

Down

$333,778

Down $141,097 (-30%) from 2020

Net Income

Up

$24,464

Up $66,866 (+158%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $489,224Liabilities 2013: $0Net Assets 2013: $489,2242013Assets 2014: $540,293Liabilities 2014: $0Net Assets 2014: $540,2932014Assets 2015: $469,094Liabilities 2015: $0Net Assets 2015: $469,0942015Assets 2016: $424,870Liabilities 2016: $0Net Assets 2016: $424,8702016Assets 2017: $440,635Liabilities 2017: $0Net Assets 2017: $440,6352017Assets 2018: $394,040Liabilities 2018: $0Net Assets 2018: $394,0402018Assets 2019: $342,734Liabilities 2019: $0Net Assets 2019: $342,7342019Assets 2020: $300,332Liabilities 2020: $0Net Assets 2020: $300,3322020Assets 2021: $324,796Liabilities 2021: $0Net Assets 2021: $324,7962021Assets 2022: $311,452Liabilities 2022: $0Net Assets 2022: $311,4522022Assets 2023: $309,477Liabilities 2023: $0Net Assets 2023: $309,4772023Assets 2024: $344,636Liabilities 2024: $0Net Assets 2024: $344,6362024Assets 2025: $303,112Liabilities 2025: $10,099Net Assets 2025: $293,0132025

Highlighted filing

2021

Assets$324,796
Liabilities$0
Net Assets$324,796

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2013: $237,6902013Revenue 2014: $319,423Expenses 2014: $268,354Net Income 2014: $51,0692014Revenue 2015: $358,666Expenses 2015: $429,865Net Income 2015: -$71,1992015Revenue 2016: $486,957Expenses 2016: $531,181Net Income 2016: -$44,2242016Revenue 2017: $485,934Expenses 2017: $470,169Net Income 2017: $15,7652017Revenue 2018: $422,039Expenses 2018: $468,634Net Income 2018: -$46,5952018Revenue 2019: $471,743Expenses 2019: $456,236Net Income 2019: $15,5072019Revenue 2020: $432,473Expenses 2020: $474,875Net Income 2020: -$42,4022020Revenue 2021: $358,242Expenses 2021: $333,778Net Income 2021: $24,4642021Revenue 2022: $222,773Expenses 2022: $236,117Net Income 2022: -$13,3442022Revenue 2023: $260,897Expenses 2023: $262,872Net Income 2023: -$1,9752023Revenue 2024: $286,767Expenses 2024: $251,528Net Income 2024: $35,2392024Revenue 2025: $359,888Expenses 2025: $411,511Net Income 2025: -$51,6232025

Highlighted filing

2021

Revenue$358,242
Expenses$333,778
Net Income$24,464
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 6, 2022
Return Version
2020v4.2
Gross Receipts
$387,809
Mission and Program Overview

Mission

To provide educational opportunities to students

To provide educational opportunities to students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$98,683$176,576▲ $77,893
Savings and Temporary Cash Investments$201,649$148,220▼ $53,429
Total Assets$300,332$324,796▲ $24,464
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$199,266$190,057▼ $9,209
Net Assets Without Donor Restrictions$101,066$134,739▲ $33,673
Total Net Assets Fund Balance$300,332$324,796▲ $24,464
Total Liabilities and Net Assets / Fund Balance$300,332$324,796▲ $24,464
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chad StevensPresident
Brent AndersonVice Chairman
A J Collier-andreaDirector
Anu DesaiDirector
Bill PerryDirector
Brooke RuxtonDirector
Eric WilenDirector
Jennifer StraubDirector
Karen SullivanDirector
Kevin HarrisDirector
Kimberly WhiteDirector
Laurie DonahueDirector
Rana KhanDirector
Randy SidioDirector
Scott HoagDirector
Shelly MenendezDirector
Stacey JohnsonDirector
Trudie RansonDirector
Somali TomczakSecretary
Heidi HolmTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$315,130
Program Service Revenue
$0
Investment Income
$1,525
Other Revenue
$41,587
All Other Contributions
$315,130
Change in Net Assets
$24,464

Audited Revenue Reconciliation

Revenue per Audited Statements
$358,242
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$358,242
Total Revenue per Form 990
$358,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,684
Salaries, Compensation, and Employee Benefits$81,211
Grants and Similar Amounts Paid$14,883
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons-$81,211-$81,211
Grants to Domestic Individuals$12,170--$12,170
All Other Expenses$7,415--$7,415
Office Expenses-$6,516-$6,516
Other Expenses$27,874$4,788-$4,788
Grants to Domestic Orgs$2,713--$2,713
Advertising-$2,002-$2,002
Information Technology-$1,688-$1,688
Conferences and Meetings-$25-$25
Total Functional Expenses$237,548$96,230$0$333,778

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$333,778
Total Expenses per Audited Statements$333,778
Total Expenses per Form 990$333,778
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Indian Prairie School District 204Naperville, ILGovernment EntityVex Robotics Supplies$2,713
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,154
Fundraising Direct Expenses$29,567
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Team Ipef Runners$71,154$71,154$29,559$41,595
Total Events$71,154$71,154$29,559$41,595
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
Yes
Business relationship with 35% controlled entity
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, Section B, Line 11B

The form is reviewed by the executive committee.

Form 990, Part VI, Section C, Line 19

All governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Indian Prairie Educational Foundation
EIN
36-3652236
Phone
6303753652
Address
P O BOX 3900, NAPERVILLE, IL 60567

Signing Officer

Name
Heidi Holm
Title
President
Phone
6303753652
Signed
2022-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Stevens
Formed
1994
Legal Domicile
Il
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Firm
Wipfli Llp
Address
18402 WEST CREEK DRIVE, TINLEY PARK, IL 60477
Preparer
Ann M Piros
Phone
7086141166
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and is currently not liable for federal income tax. The foundation is also exempt from state income taxes.

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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0101066
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0134739
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06516
IRS990/OfficeExpensesGrp/TotalAmt06516
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DISTRICT PROGRAMS
IRS990/OtherExpensesGrp/Desc1AT RISK PROGRAM
IRS990/OtherExpensesGrp/Desc2FAF
IRS990/OtherExpensesGrp/Desc3DATABASE MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04788
IRS990/OtherExpensesGrp/ProgramServicesAmt0157400
IRS990/OtherExpensesGrp/ProgramServicesAmt129976
IRS990/OtherExpensesGrp/ProgramServicesAmt227874
IRS990/OtherExpensesGrp/TotalAmt0157400
IRS990/OtherExpensesGrp/TotalAmt129976
IRS990/OtherExpensesGrp/TotalAmt227874
IRS990/OtherExpensesGrp/TotalAmt34788
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHAD STEVENS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0276237
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0196269
IRS990/PYInvestmentIncomeAmt01870
IRS990/PYOtherExpensesAmt0215448
IRS990/PYOtherRevenueAmt0154366
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-42402
IRS990/PYSalariesCompEmpBnftPaidAmt063158
IRS990/PYTotalExpensesAmt0474875
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0432473
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt024464
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0201649
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0148220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0386284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0430603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0463466
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0499255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0473530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02253138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01525
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01870
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02314
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01867
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012404
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019980
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99120
IRS990ScheduleA/PublicSupportPY170Pct00.99070
IRS990ScheduleA/PublicSupportTotal170Amt02253138
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0386284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0430603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0463466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0499255
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0473530
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02253138
IRS990ScheduleA/TotalSupportAmt02273118
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0333778
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0358242
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CURRENTLY NOT LIABLE FOR FEDERAL INCOME TAX. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0333778
IRS990ScheduleD/TotalRevenuePerForm990Amt0358242
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0358242
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0333778
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029559
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TEAM IPEF RUNNERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt071154
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt071154
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt071154
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt071154
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt041595
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029559
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029559
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt111170
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEACHER GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt17
IRS990ScheduleI/RecipientTable/CashGrantAmt02713
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVERNMENT ENTITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0VEX ROBOTICS SUPPLIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INDIAN PRAIRIE SCHOOL DISTRICT 204
IRS990ScheduleI/RecipientTable/RecipientEIN0362746876
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0P O BOX 3990
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NAPERVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060567
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A PROCESS AND A FORM THAT NEEDS TO BE COMPLETED DURING THE YEAR TO REPORT TO THE FOUNDATION ON ANY GRANTS THAT WERE ISSUED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM IS REVIEWED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.03$0.10$2.93$3.60$4.12$0.52
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.00$3.45$2.87$2.52$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.00$3.09$2.61$2.63$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$2.23$2.36$0.13
2021Detailed filing. Detailed filing data is available for this year.$3.25$0.00$3.25$3.58$3.34$0.24
2020Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$4.32$4.75$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.00$3.43$4.72$4.56$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$0.00$3.94$4.22$4.69$0.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.00$4.41$4.86$4.70$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$0.00$4.25$4.87$5.31$0.44
2015Detailed filing. Detailed filing data is available for this year.$4.69$0.00$4.69$3.59$4.30$0.71
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$0.00$5.40$3.19$2.68$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$0.00$4.89$2.38