Civic Intelligence

Foundation for Special Education District of Lake County

990 • Fiscal year 2016 • EIN 36-3803599

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 18, 2017

Refreshing map…

18160 Gages Lake RdGages Lake, IL 60030

(847) 548-7032

Siviq Scores

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

Liabilities / Assets

45th percentile

0.03x

Higher debt load relative to assets than 45% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.04x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

60th percentile

5.5%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-2.1%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$580,752

Up $30,181 (+5.5%) from 2015

Net Assets

Up

$565,999

Up $43,108 (+8.2%) from 2015

Liabilities

Down

$14,753

Down $12,927 (-47%) from 2015

Revenue

Down

$349,374

Down $7,343 (-2.1%) from 2015

Expenses

Up

$306,266

Up $39,382 (+15%) from 2015

Net Income

Down

$43,108

Down $46,725 (-52%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $372,752Liabilities 2011: $8,146Net Assets 2011: $364,6062011Assets 2012: $372,068Liabilities 2012: $6,208Net Assets 2012: $365,8602012Assets 2013: $388,623Liabilities 2013: $12,476Net Assets 2013: $376,1472013Assets 2014: $445,971Liabilities 2014: $12,913Net Assets 2014: $433,0582014Assets 2015: $550,571Liabilities 2015: $27,680Net Assets 2015: $522,8912015Assets 2016: $580,752Liabilities 2016: $14,753Net Assets 2016: $565,9992016Assets 2017: $581,034Liabilities 2017: $7,990Net Assets 2017: $573,0442017Assets 2018: $615,654Liabilities 2018: $7,673Net Assets 2018: $607,9812018Assets 2019: $672,484Liabilities 2019: $9,728Net Assets 2019: $662,7562019Assets 2020: $712,669Liabilities 2020: $30,811Net Assets 2020: $681,8582020Assets 2021: $751,526Liabilities 2021: $8,011Net Assets 2021: $743,5152021Assets 2022: $895,224Liabilities 2022: $9,363Net Assets 2022: $885,8612022Assets 2023: $937,093Liabilities 2023: $10,374Net Assets 2023: $926,7192023Assets 2024: $979,527Liabilities 2024: $9,709Net Assets 2024: $969,8182024

Highlighted filing

2016

Assets$580,752
Liabilities$14,753
Net Assets$565,999

Operations Trend

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

$600K$400K$200K$0Expenses 2011: $407,1592011Expenses 2012: $260,9962012Revenue 2013: $303,420Expenses 2013: $293,133Net Income 2013: $10,2872013Revenue 2014: $285,813Expenses 2014: $228,902Net Income 2014: $56,9112014Revenue 2015: $356,717Expenses 2015: $266,884Net Income 2015: $89,8332015Revenue 2016: $349,374Expenses 2016: $306,266Net Income 2016: $43,1082016Revenue 2017: $335,019Expenses 2017: $327,974Net Income 2017: $7,0452017Revenue 2018: $394,830Expenses 2018: $359,893Net Income 2018: $34,9372018Revenue 2019: $351,967Expenses 2019: $297,192Net Income 2019: $54,7752019Revenue 2020: $314,190Expenses 2020: $295,088Net Income 2020: $19,1022020Revenue 2021: $440,930Expenses 2021: $379,273Net Income 2021: $61,6572021Revenue 2022: $493,779Expenses 2022: $351,433Net Income 2022: $142,3462022Revenue 2023: $487,065Expenses 2023: $446,207Net Income 2023: $40,8582023Revenue 2024: $560,786Expenses 2024: $517,687Net Income 2024: $43,0992024

Highlighted filing

2016

Revenue$349,374
Expenses$306,266
Net Income$43,108
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 18, 2017
Return Version
2016v3.0
Gross Receipts
$483,297
Mission and Program Overview

Mission

To enhance public awareness and generate resources to enrich educational, vocational, and social opportunities for special needs children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$537,031$569,475▲ $32,444
Prepaid Expenses and Deferred Charges$9,000$7,500▼ $1,500
Pledges and Grants Receivable$3,900$3,400▼ $500
Land, Buildings, and Equipment, Net$528$264▼ $264
Total Assets$550,571$580,752▲ $30,181
Other Assets Total$112$113▲ $1
Liabilities
Deferred Revenue$17,500$7,500▼ $10,000
Accounts Payable and Accrued Expenses$10,180$7,253▼ $2,927
Total Liabilities$27,680$14,753▼ $12,927
Net Assets / Fund Balance
Unrestricted Net Assets$305,862$351,557▲ $45,695
Temporarily Rstr Net Assets$217,029$214,442▼ $2,587
Total Net Assets Fund Balance$522,891$565,999▲ $43,108
Total Liabilities and Net Assets / Fund Balance$550,571$580,752▲ $30,181

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$264$3,578$3,842
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob WilliamsChairman
Dustin EpsteinVice Chairma
Al ScalettaBoard Member
Anthony AdamsBoard Member
Benji RubinBoard Member
Bill BurrowsBoard Member
Carl AbrahamsonBoard Member
Daniel ClarkBoard Member
David FacklamBoard Member
Garry HodgeBoard Member
Jody GleasonBoard Member
Joseph CharneskeBoard Member
KEITH O'DONNELLBoard Member
Kurt KrieghbaumBoard Member
Magdalene KalbBoard Member
Mary SowersBoard Member
Matt PetersenBoard Member
Melissa BrunetteBoard Member
Mike AdamsBoard Member
Mike DeneyBoard Member
Mike FrankBoard Member
Neil PankauBoard Member
Peter GravesBoard Member
Richard DanielsBoard Member
Roycealee WoodBoard Member
Stephanie FelinczakBoard Member
Steve SlawBoard Member
Terry BabbBoard Member
Tim McmahonBoard Member
Tracy WasilewskiBoard Member
Thomas MolineExec. Bd Sup
Dave RutkowskiExecutive Bo
Joe OleksyExecutive Bo
Tom DohertyExecutive Bo
Tom ZengelerExecutive Bo
David RayeSecretary
Paul BenjaminTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$270,017
Program Service Revenue
$0
Investment Income
$328
Other Revenue
$79,029
All Other Contributions
$142,587
Change in Net Assets
$43,108

Audited Revenue Reconciliation

Revenue per Audited Statements
$349,374
Total Revenue per Audited Statements
$349,374
Total Revenue per Form 990
$349,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$206,190
Salaries, Compensation, and Employee Benefits$86,501
Total Fundraising Expense$57,924
Other Expenses$13,575
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$206,190--$206,190
Other Salaries and Wages-$23,967$44,511$68,478
Other Employee Benefits-$4,953$9,199$14,152
Payroll Taxes-$1,355$2,516$3,871
All Other Expenses-$164$597$761
Other Expenses-$350$100$450
Depreciation Depletion--$264$264
Total Functional Expenses$206,190$42,152$57,924$306,266

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$306,266
Total Expenses per Audited Statements$306,266
Total Expenses per Form 990$306,266
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$205,306
Fundraising Direct Expenses$133,923
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Dance$120,532$83,349$13,716$69,633
Golf Outing$97,580$49,405$7,001$42,404
Total Events$331,618$204,188$133,879$70,309
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 executive director and the board treasurer receive a draft of the 990. They both review the draft and ask the auditor any necessary questions. The draft is then taken to the entire board for review and approval. Any questions that the board has are answered by the board treasurer.

Form 990, Page 6, Part VI, Line 12C

Each member of the board and management is required to disclose yearly any interests that could give rise to conflict, which are then reviewed. Any conflicts that arise during the year are reviewed and resolved.

Form 990, Page 6, Part VI, Line 15A

Each year the board chairman performs an evaluation of the executive director. The board then meets to discuss the evaluation. The board votes on any increase in salary.

Form 990, Page 6, Part VI, Line 15B

The board votes on any increase in salary.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Form 990, Part VII

Section a, line 1b, column o - the organization has one employee, but the actual payroll is prepared and reported by the special education district of lake county (an illinois governmental organization) and reimbursed by the organization.

Filing and Contact Details

Filer

Filer Name
Foundation for Special Education
EIN
36-3803599
Phone
8475487032
Address
18160 GAGES LAKE RD, GAGES LAKE, IL 60030

Signing Officer

Name
Bob Williams
Title
Chairman
Phone
8475487032
Signed
2017-08-18

Organization Details

Principal Officer
Bob Williams
Formed
1991
Legal Domicile
Il
Voting Board Members
36
Independent Board Members
36
Employees
1
Volunteers
100

Preparer

Firm
Eder Casella & Co
Address
5400 W ELM STREET SUITE 203, MCHENRY, IL 60050
Preparer
Cheryden N Juergensen
Phone
8153441300
Supplemental Narrative

Additional Explanations

Form 990

Part i, line 5 - the organization has one employee, but the actual payroll is prepared and reported by the special education district of lake county (an illinois governmental organization) and reimbursed by the organization.

Form 990, Part V

Lines 2a and 2b - the organization has one employee, but the actual payroll is prepared and reported by the special education district of lake county (an illinois governmental organization) and reimbursed by the organization.

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IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2YEAR END APPEAL
IRS990/OtherExpensesGrp/Desc3MARKETING

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.80$0.10$9.70$5.61$5.18$0.43
2023Detailed filing. Detailed filing data is available for this year.$9.37$0.10$9.27$4.87$4.46$0.41
2022Detailed filing. Detailed filing data is available for this year.$8.95$0.09$8.86$4.94$3.51$1.42
2021Detailed filing. Detailed filing data is available for this year.$7.52$0.08$7.44$4.41$3.79$0.62
2020Detailed filing. Detailed filing data is available for this year.$7.13$0.31$6.82$3.14$2.95$0.19
2019Detailed filing. Detailed filing data is available for this year.$6.72$0.10$6.63$3.52$2.97$0.55
2018Detailed filing. Detailed filing data is available for this year.$6.16$0.08$6.08$3.95$3.60$0.35
2017Detailed filing. Detailed filing data is available for this year.$5.81$0.08$5.73$3.35$3.28$0.07
2016Detailed filing. Detailed filing data is available for this year.$5.81$0.15$5.66$3.49$3.06$0.43
2015Detailed filing. Detailed filing data is available for this year.$5.51$0.28$5.23$3.57$2.67$0.90
2014Detailed filing. Detailed filing data is available for this year.$4.46$0.13$4.33$2.86$2.29$0.57
2013Detailed filing. Detailed filing data is available for this year.$3.89$0.12$3.76$3.03$2.93$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.06$3.66$2.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.08$3.65$4.07