Civic Intelligence

The Foundation for the Educational Development of Children

990 • Fiscal year 2020 • EIN 36-6083633

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 13, 2021

Organization ProfileN/A
6254 S Ellis AvenueChicago, IL 60637

(773) 420-2883

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

100th percentile

169%

Higher net margin than 100% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

96th percentile

102%

Faster asset growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets3rd percentile

Assets

$42,770,791

No earlier filing loaded for comparison.

Net Assets

$42,770,791

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

-$1,984,012

No earlier filing loaded for comparison.

Expenses

$1,364,014

No earlier filing loaded for comparison.

Net Income

-$3,348,026

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$60M$40M$20M$0Assets 2020: $42,770,791Liabilities 2020: $0Net Assets 2020: $42,770,7912020Assets 2021: $44,816,268Liabilities 2021: $0Net Assets 2021: $44,816,2682021Assets 2022: $41,347,005Liabilities 2022: $0Net Assets 2022: $41,347,0052022

Highlighted filing

2020

Assets$42,770,791
Liabilities$0
Net Assets$42,770,791
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2020: -$1,984,012Expenses 2020: $1,364,014Net Income 2020: -$3,348,0262020Revenue 2021: $950,465Expenses 2021: $1,315,169Net Income 2021: -$364,7042021Revenue 2022: -$1,249,994Expenses 2022: $2,219,269Net Income 2022: -$3,469,2632022

Highlighted filing

2020

Revenue-$1,984,012
Expenses$1,364,014
Net Income-$3,348,026
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 13, 2021
Return Version
2019v5.2
Gross Receipts
$6,545,314
Mission and Program Overview

Mission

The foundation supports the operations of the sonia shankman orthogenic school and the hyde park day schools and manages the investments it owns for this use. Additionally, it is the owner of fedc holdings llc, a disregarded entity, which holds real estate assets of the organization.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$662,002$26,010,395▲ $25,348,393
Investments in Publicly Traded Securities$14,611,346$11,938,607▼ $2,672,739
Savings and Temporary Cash Investments-$3,799,555-
Cash and Non-Interest-Bearing Accounts$1,561,938$257,260▼ $1,304,678
Pledges and Grants Receivable$102,500$102,500→ $0
Prepaid Expenses and Deferred Charges$2,045$2,375▲ $330
Total Assets$21,193,848$42,770,791▲ $21,576,943
Other Assets Total$4,254,017$660,099▼ $3,593,918
Liabilities
Other Liabilities$115,742--
Accounts Payable and Accrued Expenses$550--
Total Liabilities$116,292$0▼ $116,292
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,431,511$28,310,402▲ $21,878,891
Net Assets With Donor Restrictions$14,646,045$14,460,389▼ $185,656
Total Net Assets Fund Balance$21,077,556$42,770,791▲ $21,693,235
Total Liabilities and Net Assets / Fund Balance$21,193,848$42,770,791▲ $21,576,943

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,272,579$4,634,739$28,907,318
Land$1,501,413-$1,501,413
Other Land Buildings$38,331$417,599$455,930
Leasehold Improvements$198,072$130,340$328,412

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$11,497,490---$11,497,490
2018$11,497,490---$11,497,490
2017$12,202,459--$704,969$11,497,490
2016$11,497,490-▲ $1,195,041$490,072$12,202,459
2015$11,562,855--$65,365$11,497,490
Compensation and Service Providers
Top Officer Pay8th percentile

Board Members and Trustees

NameTitle
James a SteinbackPresident
Adam SteinbackVice President
Janet HoffmanDirector
Lenny AsaroDirector
Vic ConantDirector
Tammy GianfortuneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$177,896
Program Service Revenue
$0
Investment Income
$-2,163,272
Other Revenue
$1,364
All Other Contributions
$177,896
Change in Net Assets
$-3,348,026

Audited Revenue Reconciliation

Revenue per Audited Statements
$-2,070,510
Revenue Not Reported on Financial Statements
$86,498
Revenue Not Reported on Form 990
$-427,863
Other Revenue Adjustments
$646
Total Revenue per Audited Statements
$-2,498,373
Total Revenue per Form 990
$-1,984,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$763,234
Grants and Similar Amounts Paid$600,780
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$635,774$30,167-$665,941
Grants to Domestic Orgs$600,780--$600,780
Fees for Service Investment Mgmnt Fees-$85,852-$85,852
Fees for Services Legal-$5,914-$5,914
Insurance-$4,420-$4,420
Office Expenses-$259-$259
Other Expenses-$61-$61
Total Functional Expenses$1,236,554$127,460$0$1,364,014

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,364,014
Expenses per Audited Statements$1,277,516
Total Expenses per Audited Statements$1,277,516
Expenses Not Reported on Financial Statements$86,498
Other Expense Adjustments$646
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Leslie Shankman School CorporationChicago, IL501(c)(3)Operations$600,780
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Adam steinback is james steinback's son.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is sent to the finance/audit/tax committee of the board for review and approval. After form 990 is finalized by the committee, it is made available to the remainder of the board members upon request.”

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

“Answers to a questionnaire are reviewed. Anything reported is dealt with on a case by case basis.”

Form 990, Part VI, Section C, Line 19

“Disclosures of governing documents, policies, and financial statements are available upon request. Interested party disclosure james steinback and joanne steinback are directors of the organization. Their son is employed by albany bank and is a board member of the foundation for the educational development of children. James steinback indirectly owns less than 1% of albany bank stock. Adam steinback owns less than 1% of albany bank stock. The organization's checking account is at albany bank.”

Filing and Contact Details

Filer

Filer Name
The Foundation for the Educational
EIN
36-6083633
Phone
7734202883
Address
6254 S ELLIS AVENUE, CHICAGO, IL 60637

Signing Officer

Name
Abby Simon
Title
Executive Director/CFO
Phone
7734202883
Signed
2021-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James a Steinback
Formed
1944
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Marcum Llp
Address
9 PARKWAY NORTH SUITE 200, DEERFIELD, IL 60015
Preparer
George Bodenberg
Phone
8472826300
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

“The foundation supports the operations of the sonia shankman orthogenic school, brooke whitted center and the hyde park day schools and manages the investments in its endowments. Additionally, it is the owner of fedc holdings llc, a disregarded entity, which holds real estate assets of the organization.”

FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:

“The foundation supports the operations of the sonia shankman orthogenic school at the university of chicago and the hyde park day schools.”

FORM 990, PART XI, LINE 9:

“Transfer of net assets from fedc nmtc llc to fedc: -505,753. Transfer of net assets from fedc nmtc llc to fedc holdings, llc (a disregarded entity of the foundation): 25,974,877.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“FOREIGN TAXES PAID 646.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“FOREIGN TAXES PAID 646.”

PART V, LINE 4:

“The investment income from the endowment funds is designated for the support of the leslie shankman school corporation (fein 36-3900221). Investment income is distributed from the foundation to the corporation, as needed, to fund the programs of the leslie shankman school corporation.”

Raw XML AppendixShowing 400 of 510 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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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TAXPAYER SUPPORTS THE LESLIE SHANKMAN SCHOOL CORPORATION. THE ONLY ACTIVITIES OF THE FOUNDATION ARE SUPPORTING THE OPERATIONS OF THE SONIA SHANKMAN ORTHOGENIC SCHOOL, BROOKE WHITTED CENTER, AND THE HYDE PARK DAY SCHOOLS AND MANAGING THE INVESTMENTS IN THE ENDOWMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1JAMES A STEINBACK AND JANET HOFFMAN ALSO SERVE ON THE LESLIE SHANKMAN SCHOOL CORPORATION BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION E - LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SECTION D - LINE 2
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0363900221
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0600780
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LESLIE SHANKMAN SCHOOL CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0600780
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/BuildingsGrp/BookValueAmt024272579
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04634739
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028907318
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt011497490
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011497490
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt011497490
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt011497490
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt012202459
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt011497490
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0704969
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt011497490
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt012202459
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01195041
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0490072
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt011562855
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt011497490
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt065365
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt086498
IRS990ScheduleD/ExpensesSubtotalAmt01277516
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt085852
IRS990ScheduleD/InvestmentExpensesNotIncldAmt085852
IRS990ScheduleD/LandGrp/BookValueAmt01501413
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01501413
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0198072
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0130340
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0328412
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-427863
IRS990ScheduleD/OtherExpensesNotIncludedAmt0646
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038331
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0417599
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0455930
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0646
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0-427863
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt086498
IRS990ScheduleD/RevenueSubtotalAmt0-2070510
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOREIGN TAXES PAID 646.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FOREIGN TAXES PAID 646.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE INVESTMENT INCOME FROM THE ENDOWMENT FUNDS IS DESIGNATED FOR THE SUPPORT OF THE LESLIE SHANKMAN SCHOOL CORPORATION (FEIN 36-3900221). INVESTMENT INCOME IS DISTRIBUTED FROM THE FOUNDATION TO THE CORPORATION, AS NEEDED, TO FUND THE PROGRAMS OF THE LESLIE SHANKMAN SCHOOL CORPORATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026010395
IRS990ScheduleD/TotalExpensesPerForm990Amt01364014
IRS990ScheduleD/TotalRevenuePerForm990Amt0-1984012
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-2498373
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01277516
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0600780
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LESLIE SHANKMAN SCHOOL CORPORATION
IRS990ScheduleI/RecipientTable/RecipientEIN0363900221
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06254 S ELLIS AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060637
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION SUPPORTS THE OPERATIONS OF THE SONIA SHANKMAN ORTHOGENIC SCHOOL, BROOKE WHITTED CENTER AND THE HYDE PARK DAY SCHOOLS AND MANAGES THE INVESTMENTS IN ITS ENDOWMENTS. ADDITIONALLY, IT IS THE OWNER OF FEDC HOLDINGS LLC, A DISREGARDED ENTITY, WHICH HOLDS REAL ESTATE ASSETS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION SUPPORTS THE OPERATIONS OF THE SONIA SHANKMAN ORTHOGENIC SCHOOL AT THE UNIVERSITY OF CHICAGO AND THE HYDE PARK DAY SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADAM STEINBACK IS JAMES STEINBACK'S SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS SENT TO THE FINANCE/AUDIT/TAX COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL. AFTER FORM 990 IS FINALIZED BY THE COMMITTEE, IT IS MADE AVAILABLE TO THE REMAINDER OF THE BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANSWERS TO A QUESTIONNAIRE ARE REVIEWED. ANYTHING REPORTED IS DEALT WITH ON A CASE BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DISCLOSURES OF GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. INTERESTED PARTY DISCLOSURE JAMES STEINBACK AND JOANNE STEINBACK ARE DIRECTORS OF THE ORGANIZATION. THEIR SON IS EMPLOYED BY ALBANY BANK AND IS A BOARD MEMBER OF THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN. JAMES STEINBACK INDIRECTLY OWNS LESS THAN 1% OF ALBANY BANK STOCK. ADAM STEINBACK OWNS LESS THAN 1% OF ALBANY BANK STOCK. THE ORGANIZATION'S CHECKING ACCOUNT IS AT ALBANY BANK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFER OF NET ASSETS FROM FEDC NMTC LLC TO FEDC: -505,753. TRANSFER OF NET ASSETS FROM FEDC NMTC LLC TO FEDC HOLDINGS, LLC (A DISREGARDED ENTITY OF THE FOUNDATION): 25,974,877.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0FEDC HOLDINGS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0611764694
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt025866639
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOLDING COMPANY
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-666017
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt06254 S ELLIS AVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd060637
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LESLIE SHANKMAN SCHOOL CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1FEDC NMTC LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363900221
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1352404544
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(25)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SPECIAL EDUCATION SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORTING ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0SCHOOL-170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06254 S ELLIS AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt16254 S ELLIS AVENUE

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,770,791
Liabilities
$0
Net assets
$42,770,791
Revenue
-$1,984,012
Expenses
$1,364,014
Net income
-$3,348,026
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.3$0.00$41.3$1.25$2.22$3.47
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.8$0.00$44.8$0.95$1.32$0.36
2020Detailed filing. Detailed filing data is available for this year.$42.8$0.00$42.8$1.98$1.36$3.35