Stevenson High School Community Foundation

990 • Fiscal year 2023 • EIN 36-3963828

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 27, 2024

Organization Profile WWW.D125.ORG/FOUNDATION

2 Stevenson DriveLincolnshire, IL 60069

(847) 415-4000

Siviq Scores

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Balance Sheet

Assets

$1,075,312

Up $340,685 (+46%) from 2022

Net Assets

$1,005,312

Up $270,685 (+37%) from 2022

Liabilities

$70,000

Up $70,000 from 2022

Revenue And Expenses

Revenue

$869,249

Up $518,280 (+148%) from 2022

Expenses

$528,564

Up $100,304 (+23%) from 2022

Net Income

$340,685

Up $417,976 (+541%) from 2022

Historical Trend

Balance Sheet Trend

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

Highlighted filing

2023

Assets$1,075,312

Liabilities$70,000

Net Assets$1,005,312

Open 2023 Filing

Operations Trend

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

Highlighted filing

2023

Revenue$869,249

Expenses$528,564

Net Income$340,685

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2022 to Jun 30, 2023
Signed: Feb 27, 2024
Return Version: 2022v5.0
Gross Receipts: $1,064,225

Mission and Program Overview

Mission

The mission of the stevenson high school foundation is connecting community and school. Building relationships between external and internal communities adds value

The mission of the stevenson high school foundation is connecting community and school. Building relationships between external and internal communities adds value.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Savings and Temporary Cash Investments	$686,026	$757,659	▲ $71,633
Cash and Non-Interest-Bearing Accounts	$47,737	$313,918	▲ $266,181
Total Assets	$734,627	$1,075,312	▲ $340,685
Other Assets Total	$864	$3,735	▲ $2,871
Liabilities
Unsecured Notes Loans Payable	-	$70,000	-
Total Liabilities	$0	$70,000	▲ $70,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$584,330	$785,122	▲ $200,792
Net Assets With Donor Restrictions	$150,297	$220,190	▲ $69,893
Total Net Assets Fund Balance	$734,627	$1,005,312	▲ $270,685
Total Liabilities and Net Assets / Fund Balance	$734,627	$1,075,312	▲ $340,685

Compensation and Service Providers

Board Members and Trustees

Name	Title
Noelle Moore	President
Barry Orgeron	Director
Jaison Williams	Director
Jeff Chang	Director
Laura Patrell	Director
Matt Dufour	Director
Sharie Hunziker	Director
Zeni Thakkar	Director
Eric Twadell	Ex. Officio
Grace Cao	Ex. Officio
Linda Knapp	Ex. Officio
Joel Finfer	Past Preside
Anne Maghas	Secretary
Sean Carney	Treasurer
Jeffrey Masters	Vice-preside

Revenue and Support

Revenue Composition

Contributions and Grants: $755,039
Program Service Revenue: $118,873
Investment Income: $69,893
Other Revenue: $-74,556
Change in Net Assets: $340,685

Audited Revenue Reconciliation

Revenue per Audited Statements: $869,249
Revenue Not Reported on Form 990: $194,976
Total Revenue per Audited Statements: $1,064,225
Total Revenue per Form 990: $869,249

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$528,564
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Salaries, Compensation, and Employee Benefits	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Fees for Services Management	$49,639	$53,941	-	$103,580
Office Expenses	$36,710	$55,331	-	$92,041
Other Expenses	$1,150	-	-	$1,150
Total Functional Expenses	$419,292	$109,272	$0	$528,564

Audited Expense Reconciliation

Line Item	Amount
Total Expenses per Audited Statements	$723,540
Expenses per Audited Statements	$528,564
Total Expenses per Form 990	$528,564
Expenses Not Reported on Form 990	$194,976

Fundraising, Events, and Gaming

Fundraising activities: Yes
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Fundraising Direct Expenses	$194,976
Fundraising Gross Income	$120,420
Professional Fundraising Fees	$0

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Nashville Unplu	$48,155	$48,155	$31,562	$16,593
Online Auction	$37,867	$37,867	$1,128	$36,739
Total Events	$120,420	$120,420	$194,976	$-74,556

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Organization	Location	Activity	Code	Public Charity	Controlled
Adlai E Stevenson High School	Lincolnshire, IL	-	509a1	-	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 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: Yes
Other officer compensation reviewed: No
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 990 is presented to the executive committee for review and approval. After approval the return is signed and filed to the irs.”

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

“Any interests that could give rise to conflict are required to be disclosed to the board. Board members shall advocate or vote regarding such matter and may be excused from board discussion at the request of any other board member.”

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

“The compensation of the executive director is determined by a compensation committee that was approved by the board upon hiring.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name: Stevenson Foundation
EIN: 36-3963828
Phone: 8474154000
Address: 2 STEVENSON DRIVE, LINCOLNSHIRE, IL 60069

Signing Officer

Name: Sean Carney
Title: Treasurer
Phone: 8474154000
Signed: 2024-02-27

Organization Details

Principal Officer: Noelle Moore
Formed: 1993
Voting Board Members: 16
Independent Board Members: 16
Employees: 5
Volunteers: 110

Preparer

Firm: Lauterbach & Amen Llp
Address: 668 N RIVER RD, NAPERVILLE, IL 60563
Preparer: Ronald J Amen CPA
Phone: 6304166900

Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“194,976 -194,976 beginning net assets were restated due to an error in recording prior year loan payable.”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“194,976”

Schedule D, Page 4, Part XII, Line 2D