Civic Intelligence

Evanston-Skokie District 65 Education Foundation

990 • Fiscal year 2021 • EIN 36-4003165

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 30, 2021

PO Box 750Evanston, IL 60204

(847) 637-7193

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

85th percentile

46%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

86th percentile

62%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

67th percentile

36%

Faster revenue growth than 67% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$692,908

Up $264,710 (+62%) from 2020

Net Assets

Up

$692,908

Up $264,710 (+62%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$571,492

Up $149,857 (+36%) from 2020

Expenses

Down

$306,782

Down $27,098 (-8.1%) from 2020

Net Income

Up

$264,710

Up $176,955 (+202%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2020: $428,198Liabilities 2020: $0Net Assets 2020: $428,1982020Assets 2021: $692,908Liabilities 2021: $0Net Assets 2021: $692,9082021Assets 2022: $661,860Liabilities 2022: $0Net Assets 2022: $661,8602022Assets 2023: $631,107Liabilities 2023: $2,343Net Assets 2023: $628,7642023Assets 2024: $553,706Liabilities 2024: $143Net Assets 2024: $553,5632024Assets 2025: $502,930Liabilities 2025: $115Net Assets 2025: $502,8152025

Highlighted filing

2021

Assets$692,908
Liabilities$0
Net Assets$692,908

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $421,635Expenses 2020: $333,880Net Income 2020: $87,7552020Revenue 2021: $571,492Expenses 2021: $306,782Net Income 2021: $264,7102021Revenue 2022: $291,297Expenses 2022: $322,345Net Income 2022: -$31,0482022Revenue 2023: $249,713Expenses 2023: $282,809Net Income 2023: -$33,0962023Revenue 2024: $267,731Expenses 2024: $342,932Net Income 2024: -$75,2012024Revenue 2025: $285,517Expenses 2025: $336,265Net Income 2025: -$50,7482025

Highlighted filing

2021

Revenue$571,492
Expenses$306,782
Net Income$264,710
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 30, 2021
Return Version
2020v4.1
Gross Receipts
$591,796
Mission and Program Overview

Mission

Foundation 65 actively promotes involvement in public education by all segments of our community and raises funds to improve the quality of evanston schools, the achievement of high standards, and the education experience for all students.

To fund innovative programs and projects that benefit the students of evanston/skokie district 65.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$84,843$478,500▲ $393,657
Cash and Non-Interest-Bearing Accounts$342,544$213,799▼ $128,745
Land, Buildings, and Equipment, Net$811$609▼ $202
Total Assets$428,198$692,908▲ $264,710
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$320,242$504,952▲ $184,710
Net Assets With Donor Restrictions$107,956$187,956▲ $80,000
Total Net Assets Fund Balance$428,198$692,908▲ $264,710
Total Liabilities and Net Assets / Fund Balance$428,198$692,908▲ $264,710

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$609$6,025$6,634
Compensation and Service Providers

Board Members and Trustees

NameTitle
Julie CutterPresident
Kalen DanielsVice President
Alicia SalinasDirector
Alison FinkelDirector
Andrea FordDirector
Beth McdonaldDirector
Courtney ViamilleDirector
Diana SheehanDirector
Katie GilliesDirector
Kim LaudeDirector
Larry BrownDirector
Mita Sanghavi GoelDirector
Nicole BrownleeDirector
Saralyn SacksDirector
Sheau-ming RossDirector
Steve ZehrDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$561,246
Program Service Revenue
$0
Investment Income
$943
Other Revenue
$9,303
All Other Contributions
$480,880
Change in Net Assets
$264,710

Audited Revenue Reconciliation

Revenue per Audited Statements
$571,492
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$20,304
Total Revenue per Audited Statements
$591,796
Total Revenue per Form 990
$571,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$197,571
Salaries, Compensation, and Employee Benefits$109,211
Total Fundraising Expense$49,839
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$38,551$20,290$42,609$101,450
All Other Expenses$14,564$7,298$3,970$25,832
Other Expenses$12,520--$12,520
Occupancy-$10,371-$10,371
Payroll Taxes$2,949$1,552$3,260$7,761
Fees for Services Accounting-$5,085-$5,085
Advertising-$3,839-$3,839
Office Expenses-$3,565-$3,565
Insurance-$3,114-$3,114
Fees for Services Other$738--$738
Depreciation Depletion$202--$202
Total Functional Expenses$201,829$55,114$49,839$306,782

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$327,086
Expenses per Audited Statements$306,782
Total Expenses per Form 990$306,782
Expenses Not Reported on Form 990$20,304
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,933
Fundraising Direct Expenses$20,304
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit Event$101,229$20,863$7,221$13,642
Total Events$101,229$20,863$20,304$559
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
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
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, Part VI, Section B, Line 11B

The finance committee of the board of directors review in detail the form 990 prior to filing. All directors have access to review the form 990.

Form 990, Part VI, Section B, Line 12C

The board of directors annually are required to complete a conflict of interest statement which is monitored for compliance by the executive director or the board president.

Form 990, Part VI, Section B, Line 15

The officers of the board of directors annually determines compensation of the executive director based on performance input from the board.

Form 990, Part VI, Section C, Line 18

Form 990 is available for inspection upon request at the foundation's office.

Form 990, Part VI, Section C, Line 19

Foundation 65 makes its governing documents, conflict of interest and financial statements available to the public through request at the foundation office.

Filing and Contact Details

Filer

Filer Name
Evanstonskokie Dist 65
EIN
36-4003165
Phone
8476377193
Address
PO BOX 750, EVANSTON, IL 60204

Signing Officer

Name
Alison Finkel
Title
Co-president
Phone
8476377193
Signed
2021-11-30

Organization Details

Principal Officer
Alison Finkel
Formed
1994
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
0

Preparer

Firm
Cheryl Rohlfs & Associates Ltd
Address
401 HUEHL ROAD SUITE 1E, NORTHBROOK, IL 60062
Preparer
Cheryl K Rohlfs CPA
Phone
8477539200
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 20,304.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 20,304.

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IRS990/MissionDesc0FOUNDATION 65 ACTIVELY PROMOTES INVOLVEMENT IN PUBLIC EDUCATION BY ALL SEGMENTS OF OUR COMMUNITY AND RAISES FUNDS TO IMPROVE THE QUALITY OF EVANSTON SCHOOLS, THE ACHIEVEMENT OF HIGH STANDARDS, AND THE EDUCATION EXPERIENCE FOR ALL STUDENTS.
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IRS990/OtherExpensesGrp/TotalAmt224681
IRS990/OtherExpensesGrp/TotalAmt312520
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08674
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08674
IRS990/OtherRevenueTotalAmt08674
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt042609
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020290
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt038551
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101450
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03260
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01552
IRS990/PayrollTaxesGrp/ProgramServicesAmt02949
IRS990/PayrollTaxesGrp/TotalAmt07761
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALISON FINKEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FOUNDATION 65'S CRITICAL RESPONSE GRANT PROGRAM WILL PROVIDE GRANTS WITH A RAPID TURNAROUND SO THAT EDUCATORS CAN IDENTIFY CHALLENGES THAT CAN BE ADDRESSED THROUGH LITERACY AND THE ARTS AND CREATE SOLUTIONS DURING URGENT TIMES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt025950
IRS990/ProgSrvcAccomActy3Grp/Desc0RESPONSIVE GRANTS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt024681
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM EXPENSES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt069524
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt09617
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0373070
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0884
IRS990/PYOtherExpensesAmt0231399
IRS990/PYOtherRevenueAmt047681
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt087755
IRS990/PYSalariesCompEmpBnftPaidAmt0102481
IRS990/PYTotalExpensesAmt0333880
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0421635
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0264710
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt084843
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0478500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0480880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0301011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0214994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0315226
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0288455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01600566
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0943
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0884
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02041
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07152
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0703204
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08674
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0635
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05023
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09619
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023951
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98090
IRS990ScheduleA/PublicSupportPY170Pct00.98780
IRS990ScheduleA/PublicSupportTotal170Amt01600566
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0480880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0301011
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0214994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0315226
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0288455
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01600566
IRS990ScheduleA/TotalSupportAmt01631669
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/EquipmentGrp/BookValueAmt0609
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06025
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06634
IRS990ScheduleD/ExpensesNotReportedAmt020304
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0306782
IRS990ScheduleD/OtherExpensesIncludedAmt020304
IRS990ScheduleD/OtherRevenueAmt020304
IRS990ScheduleD/RevenueNotReportedAmt020304
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0571492
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 20,304.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 20,304.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0609
IRS990ScheduleD/TotalExpensesPerForm990Amt0306782
IRS990ScheduleD/TotalRevenuePerForm990Amt0571492
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0591796
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0327086
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt080366
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt080366
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020304
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BENEFIT EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt013083
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt013083
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0101229
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0101229
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020863
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020863
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0559
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07221
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07221
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEW IN DETAIL THE FORM 990 PRIOR TO FILING. ALL DIRECTORS HAVE ACCESS TO REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ANNUALLY ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT WHICH IS MONITORED FOR COMPLIANCE BY THE EXECUTIVE DIRECTOR OR THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS OF THE BOARD OF DIRECTORS ANNUALLY DETERMINES COMPENSATION OF THE EXECUTIVE DIRECTOR BASED ON PERFORMANCE INPUT FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS AVAILABLE FOR INSPECTION UPON REQUEST AT THE FOUNDATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOUNDATION 65 MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH REQUEST AT THE FOUNDATION OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C

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