Civic Intelligence

The Springfield Public Schools Foundation

990 • Fiscal year 2017 • EIN 37-1128781

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 02, 2018

1900 West Monroe StreetSpringfield, IL 62704

(217) 525-3040

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

43rd percentile

-0.8%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

-5.0%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$383,459

Down $3,004 (-0.8%) from 2016

Net Assets

Down

$383,459

Down $3,004 (-0.8%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$130,021

Down $6,854 (-5.0%) from 2016

Expenses

Up

$145,049

Up $25,767 (+22%) from 2016

Net Income

Down

-$15,028

Down $32,621 (-185%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $171,695Net Assets 2011: $171,6952011Assets 2012: $202,211Net Assets 2012: $202,2112012Assets 2013: $225,257Net Assets 2013: $225,2572013Assets 2014: $455,561Liabilities 2014: $0Net Assets 2014: $455,5612014Assets 2015: $370,170Liabilities 2015: $0Net Assets 2015: $370,1702015Assets 2016: $386,463Liabilities 2016: $0Net Assets 2016: $386,4632016Assets 2017: $383,459Liabilities 2017: $0Net Assets 2017: $383,4592017Assets 2018: $413,284Liabilities 2018: $0Net Assets 2018: $413,2842018Assets 2019: $395,737Liabilities 2019: $0Net Assets 2019: $395,7372019Assets 2020: $425,870Liabilities 2020: $0Net Assets 2020: $425,8702020Assets 2021: $607,942Liabilities 2021: $0Net Assets 2021: $607,9422021Assets 2022: $710,950Liabilities 2022: $0Net Assets 2022: $710,9502022Assets 2023: $871,488Liabilities 2023: $0Net Assets 2023: $871,4882023Assets 2024: $927,114Liabilities 2024: $0Net Assets 2024: $927,1142024Assets 2025: $1,060,945Liabilities 2025: $0Net Assets 2025: $1,060,9452025

Highlighted filing

2017

Assets$383,459
Liabilities$0
Net Assets$383,459

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $63,737Expenses 2011: $58,668Net Income 2011: $5,0692011Revenue 2012: $111,205Expenses 2012: $79,842Net Income 2012: $31,3632012Revenue 2013: $65,865Expenses 2013: $52,259Net Income 2013: $13,6062013Revenue 2014: $299,238Expenses 2014: $81,381Net Income 2014: $217,8572014Revenue 2015: $169,681Expenses 2015: $256,442Net Income 2015: -$86,7612015Revenue 2016: $136,875Expenses 2016: $119,282Net Income 2016: $17,5932016Revenue 2017: $130,021Expenses 2017: $145,049Net Income 2017: -$15,0282017Revenue 2018: $266,912Expenses 2018: $245,209Net Income 2018: $21,7032018Revenue 2019: $175,209Expenses 2019: $196,450Net Income 2019: -$21,2412019Revenue 2020: $132,634Expenses 2020: $100,228Net Income 2020: $32,4062020Revenue 2021: $178,914Expenses 2021: $49,803Net Income 2021: $129,1112021Revenue 2022: $265,456Expenses 2022: $128,794Net Income 2022: $136,6622022Revenue 2023: $263,014Expenses 2023: $117,959Net Income 2023: $145,0552023Revenue 2024: $227,916Expenses 2024: $195,563Net Income 2024: $32,3532024Revenue 2025: $267,836Expenses 2025: $173,852Net Income 2025: $93,9842025

Highlighted filing

2017

Revenue$130,021
Expenses$145,049
Net Income-$15,028
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 2, 2018
Return Version
2016v3.1
Gross Receipts
$146,107
Mission and Program Overview

Mission

To provide grants and special projects to benefit school district #186.

To provide grants and special projects to benefit school district 186.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$213,126$193,762▼ $19,364
Investments in Publicly Traded Securities$173,337$189,698▲ $16,361
Cash and Non-Interest-Bearing Accounts-$-1-
Total Assets$386,463$383,459▼ $3,004
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$253,810$254,742▲ $932
Temporarily Rstr Net Assets$132,653$128,717▼ $3,936
Total Net Assets Fund Balance$386,463$383,459▼ $3,004
Total Liabilities and Net Assets / Fund Balance$386,463$383,459▼ $3,004

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$97,852$2,000▲ $12,664-$112,516
2015$95,037$2,000▲ $815-$97,852
2014$89,675$2,000▲ $3,362-$95,037
2013$75,077$2,000▲ $12,598-$89,675
2012$63,933$2,000▲ $9,144-$75,077
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$119,228
Program Service Revenue
$0
Investment Income
$3,279
Other Revenue
$7,514
All Other Contributions
$78,513
Change in Net Assets
$-15,028

Audited Revenue Reconciliation

Revenue per Audited Statements
$130,021
Revenue Not Reported on Form 990
$28,110
Total Revenue per Audited Statements
$158,131
Total Revenue per Form 990
$130,021
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$134,178
Other Expenses$10,871
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$134,178--$134,178
Fees for Services Accounting-$4,700-$4,700
Other Expenses$500$1,387-$500
Interest$284--$284
Total Functional Expenses$138,962$6,087$0$145,049

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$161,135
Expenses per Audited Statements$145,049
Total Expenses per Form 990$145,049
Expenses Not Reported on Form 990$16,086
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,600
Fundraising Direct Expenses$16,086
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Foundation Dinn$59,861$19,146$15,876$3,270
Total Events$59,861$19,146$15,876$3,270
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
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, Page 6, Part VI, Line 11B

The tax return is made available to the board before it is filed with the irs.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Springfield Public Schools
EIN
37-1128781
Phone
2175253040
Address
1900 WEST MONROE STREET, SPRINGFIELD, IL 62704

Signing Officer

Name
Tom Fine
Title
Treasurer
Phone
2175253040
Signed
2018-01-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Fine
Formed
1981
Legal Domicile
Il
Voting Board Members
24
Independent Board Members
24
Employees
0

Preparer

Firm
Estes Bridgewater & Ogden
Address
901 S SECOND ST, SPRINGFIELD, IL 62704
Preparer
James Legg
Phone
2175288473
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Computer initiative program for schools program set up to provide additional funding to schools within the district.

Form 990, Part XI, Line 9

Fundraising expenses 16,086 fundraising expenses -16,086

Financial Statement Notes

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

Fundraising expenses 16,086

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

Fundraising expenses 16,086

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.27$0.17$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.23$0.20$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.26$0.12$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.27$0.13$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.18$0.05$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.13$0.10$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.18$0.20$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.27$0.25$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.13$0.15$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.14$0.12$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.17$0.26$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.30$0.08$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.23$0.07$0.05$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.20$0.11$0.08$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.17$0.06$0.06$0.01