Civic Intelligence

Illinois Community College System Foundation

990 • Fiscal year 2018 • EIN 37-1293039

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 15, 2019

Organization ProfileWWW.ICCSF.ORG
401 East Capitol AvenueSpringfield, IL 62701

(217) 789-4230

Siviq Scores

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

Liabilities / Assets

67th percentile

0.34x

Higher debt load relative to assets than 67% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

3.65x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$45,833

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

29th percentile

-2.9%

Faster asset growth than 29% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-52%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$7,503,247

Down $220,647 (-2.9%) from 2017

Net Assets

Down

$4,957,772

Down $30,596 (-0.6%) from 2017

Liabilities

Down

$2,545,475

Down $190,051 (-6.9%) from 2017

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin79th percentile

Revenue

Down

$696,598

Down $754,734 (-52%) from 2017

Expenses

Down

$543,173

Down $12,332 (-2.2%) from 2017

Net Income

Down

$153,425

Down $742,402 (-83%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$10M$5.0M$0Assets 2015: $7,529,151Liabilities 2015: $3,169,462Net Assets 2015: $4,359,6892015Assets 2016: $7,643,554Liabilities 2016: $2,980,696Net Assets 2016: $4,662,8582016Assets 2017: $7,723,894Liabilities 2017: $2,735,526Net Assets 2017: $4,988,3682017Assets 2018: $7,503,247Liabilities 2018: $2,545,475Net Assets 2018: $4,957,7722018Assets 2019: $7,877,146Liabilities 2019: $2,357,747Net Assets 2019: $5,519,3992019Assets 2020: $8,212,407Liabilities 2020: $2,142,145Net Assets 2020: $6,070,2622020Assets 2021: $8,621,800Liabilities 2021: $1,934,427Net Assets 2021: $6,687,3732021Assets 2022: $7,891,212Liabilities 2022: $1,705,703Net Assets 2022: $6,185,5092022Assets 2023: $8,693,147Liabilities 2023: $1,850,128Net Assets 2023: $6,843,0192023Assets 2024: $9,029,265Liabilities 2024: $1,556,862Net Assets 2024: $7,472,4032024

Highlighted filing

2018

Assets$7,503,247
Liabilities$2,545,475
Net Assets$4,957,772
Open 2018 Filing

Operations Trend

Revenue Growth4th percentile

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

$1.5M$1.0M$500K$0Revenue 2015: $692,621Expenses 2015: $587,448Net Income 2015: $105,1732015Revenue 2016: $760,427Expenses 2016: $524,212Net Income 2016: $236,2152016Revenue 2017: $1,451,332Expenses 2017: $555,505Net Income 2017: $895,8272017Revenue 2018: $696,598Expenses 2018: $543,173Net Income 2018: $153,4252018Revenue 2019: $720,299Expenses 2019: $558,609Net Income 2019: $161,6902019Revenue 2020: $730,722Expenses 2020: $541,745Net Income 2020: $188,9772020Revenue 2021: $917,776Expenses 2021: $563,875Net Income 2021: $353,9012021Revenue 2022: $1,186,279Expenses 2022: $640,522Net Income 2022: $545,7572022Revenue 2023: $786,838Expenses 2023: $567,168Net Income 2023: $219,6702023Revenue 2024: $1,038,282Expenses 2024: $603,709Net Income 2024: $434,5732024

Highlighted filing

2018

Revenue$696,598
Expenses$543,173
Net Income$153,425
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,289,037
Mission and Program Overview

Mission

The illinois community college system foundation serves all 48 illinois community colleges in the state of illinois, providing student scholarships, programs, services, and general funds.

To support activities of benefit to all community colleges, including scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,343,998$4,193,889▼ $150,109
Investments in Publicly Traded Securities$2,715,241$2,504,560▼ $210,681
Savings and Temporary Cash Investments$451,752$601,936▲ $150,184
Accounts Receivable$208,170$202,862▼ $5,308
Intangible Assets$4,733$0▼ $4,733
Total Assets$7,723,894$7,503,247▼ $220,647
Liabilities
Tax Exempt Bond Liabilities$1,800,332$1,686,736▼ $113,596
Mortgage Notes Payable Secured by Investment Property$891,878$814,354▼ $77,524
Accounts Payable and Accrued Expenses$31,302$31,639▲ $337
Deferred Revenue$12,014$12,746▲ $732
Total Liabilities$2,735,526$2,545,475▼ $190,051
Net Assets / Fund Balance
Unrestricted Net Assets$2,191,360$2,308,257▲ $116,897
Permanently Rstr Net Assets$1,570,765$1,588,550▲ $17,785
Temporarily Rstr Net Assets$1,226,243$1,060,965▼ $165,278
Total Net Assets Fund Balance$4,988,368$4,957,772▼ $30,596
Total Liabilities and Net Assets / Fund Balance$7,723,894$7,503,247▼ $220,647

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,792,122$1,591,083$5,383,205
Land$401,763-$401,763
Other Land Buildings$4$200,760$200,764

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,671,504$31,486▼ $78,951$7,389$2,562,850
2017$2,497,684$26,852▲ $208,821$10,753$2,671,504
2016$2,293,519$22,570▲ $216,890$10,696$2,497,684
2015$2,303,220$31,340▲ $45,118$10,509$2,293,519
2014$2,077,826$85,251▲ $209,706$10,063$2,303,220
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Joe KanoskyPresidentPT$45,833$45,833

Board Members and Trustees

NameTitle
John GoetzChair
James BerkelDirector
Keith LapeDirector
Terri WinfreeDirector
Ray HancockSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,862
Program Service Revenue
$590,897
Investment Income
$56,677
Other Revenue
$6,162
All Other Contributions
$42,862
Change in Net Assets
$153,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$696,598
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-18,069
Total Revenue per Audited Statements
$678,529
Total Revenue per Form 990
$696,598
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,473
Grants and Similar Amounts Paid$103,014
Salaries, Compensation, and Employee Benefits$91,686
Total Fundraising Expense$11,544
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$95,582$4,980-$100,562
Grants to Domestic Individuals$92,675--$92,675
Occupancy$90,495$1,195-$91,690
Interest$76,748$1,043-$77,791
Other Salaries and Wages$45,948--$45,948
Current Officers, Directors, Trustees, and Key Employees$9,167$23,644$9,167$41,978
Fees for Services Accounting-$17,620-$17,620
Insurance$13,744$187-$13,931
Fees for Service Investment Mgmnt Fees$6,320$4,532-$10,852
Grants to Domestic Orgs$10,339--$10,339
Travel$2,888$3,369$1,676$7,933
Other Employee Benefits$1,207$1,852$701$3,760
Other Expenses$7,976$2,084-$2,084
All Other Expenses-$77-$77
Total Functional Expenses$463,112$68,517$11,544$543,173

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$709,125
Expenses per Audited Statements$543,173
Total Expenses per Form 990$543,173
Expenses Not Reported on Form 990$165,952
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Houston Community College FoundationHouston, TX501(c)(3)To Provide Assistance to Students Affected by Hurricane Harvey$10,339
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe County of Sangamon Illinois2009-08-28$2,600,000Renovation of building/refunding of outstanding series 1997 bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,600,000--$25,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization has no committees with authority to act on behalf of the governing body.”

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

“The completed 990 is presented to the organization's president for review and subsequently reported to the board of directors.”

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

“The board monitors and enforces any conflicts of interest verbally in board meetings. Officers, directors and employees are to report conflicts of interest and potential conflicts are discussed as they may be presented.”

Form 990, Part VI, Section C, Line 19

“All official documents are kept at the iccsf office at 401 e. Capitol avenue in springfield, illinois, and are available to anyone who makes a request in writing, makes an appointment, and provides identification as requested by the iccsf president.”

Filing and Contact Details

Filer

Filer Name
Illinois Community College System
EIN
37-1293039
Phone
2177894230
Address
401 EAST CAPITOL AVENUE, SPRINGFIELD, IL 62701

Signing Officer

Name
John Goetz
Title
Chair
Phone
2177894230
Signed
2019-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Goetz
Formed
1991
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
10

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
3200 ROBBINS ROAD STE 200A, SPRINGFIELD, IL 62704
Preparer
Danielle M Hunt
Phone
2177890960
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The foundation's endowment funds were established primarily for scholarship purposes. Approximately 98% of annual expenditures from the endowment funds were used for scholarships while recognitions account for the remaining 2% of expenditures.”

PART X, LINE 2:

“The foundation has recognized in the financial statements the effects of all tax positions and continually evaluates expiring statutes of limitations, audits, changes in tax law, and new authoritative rulings. The foundation is not aware of any circumstances or events that make it reasonably possible that unrecognized tax benefits may increase or decrease within 12 months of the balance sheet date. Penalties and interest assessed by taxing authorities are included in the provision for income taxes, if applicable. There were no interest or penalties paid during 2018 or 2017.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 165,952.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 165,952.”

Raw XML AppendixShowing 400 of 558 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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IRS990/OtherExpensesGrp/ProgramServicesAmt17976
IRS990/OtherExpensesGrp/TotalAmt011985
IRS990/OtherExpensesGrp/TotalAmt19030
IRS990/OtherExpensesGrp/TotalAmt24918
IRS990/OtherExpensesGrp/TotalAmt32084
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt0104
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0104
IRS990/OtherRevenueTotalAmt0104
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt045948
IRS990/OtherSalariesAndWagesGrp/TotalAmt045948
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01570765
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01588550
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN GOETZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0ICCB INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0590897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0590897
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS AVAILABLE TO COMMUNITY COLLEGE STUDENTS THROUGHOUT THE STATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0120879
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0103014
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt039441
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0104441
IRS990/PYInvestmentIncomeAmt0835865
IRS990/PYOtherExpensesAmt0353126
IRS990/PYOtherRevenueAmt0-3924
IRS990/PYProgramServiceRevenueAmt0579950
IRS990/PYRevenuesLessExpensesAmt0895827
IRS990/PYSalariesCompEmpBnftPaidAmt097938
IRS990/PYTotalExpensesAmt0555505
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01451332
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0153425
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt06058
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0590897
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0451752
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0601936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt039441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0177931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0315144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt064869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0106219
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt092640
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt096338
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt086151
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0446217
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03660470
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44300
IRS990ScheduleA/PublicSupportPY170Pct00.41840
IRS990ScheduleA/PublicSupportTotal170Amt0315144
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt039441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0177931
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0315144
IRS990ScheduleA/TotalSupportAmt0711410
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt06058
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0-3667
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0-13794
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0-23272
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0-15276
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0-49951
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt03792122
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01591083
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05383205
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02671504
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt031486
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02562850
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt053800
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-78951
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt07389
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02497684
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt026852
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02671504
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt051100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0208821
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt010753
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02293519
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt022570
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02497684
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt024600
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0216890
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt010696
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02303220
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt031340
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02293519
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt075650
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt045118
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt010509
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02077826
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt085251
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02303220
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt059500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0209706
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt010063
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0165952
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0543173
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0401763
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0401763
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-184021
IRS990ScheduleD/OtherExpensesIncludedAmt0165952
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0200760
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0200764
IRS990ScheduleD/OtherRevenueAmt0165952
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.61980
IRS990ScheduleD/RevenueNotReportedAmt0-18069
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0696598
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT FUNDS WERE ESTABLISHED PRIMARILY FOR SCHOLARSHIP PURPOSES. APPROXIMATELY 98% OF ANNUAL EXPENDITURES FROM THE ENDOWMENT FUNDS WERE USED FOR SCHOLARSHIPS WHILE RECOGNITIONS ACCOUNT FOR THE REMAINING 2% OF EXPENDITURES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE BALANCE SHEET DATE. PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES ARE INCLUDED IN THE PROVISION FOR INCOME TAXES, IF APPLICABLE. THERE WERE NO INTEREST OR PENALTIES PAID DURING 2018 OR 2017.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 165,952.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES 165,952.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.38020
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04193889
IRS990ScheduleD/TotalExpensesPerForm990Amt0543173
IRS990ScheduleD/TotalRevenuePerForm990Amt0696598
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0678529
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0709125
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt034400
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt118800
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt222000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt31600
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt42125
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt53000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt66500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt7750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt83500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ILLINOIS HEALTH TRUST SCHOLARSHIP - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ILLINOIS HEALTHCARE SCHOLARSHIPS - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ILLINOIS ELECTRIC COOPERATIVE - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3STATE FARM TEACHER EDUCATION SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4ILLINOIS COUNCIL OF COMMUNITY COLLEGE ADMINISTRATORS - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5ILLINOIS COMMUNITY COLLEGE SYSTEM LEADERSHIP SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6ILLINOIS COMMUNITY COLLEGE FACULTY ASSOCIATION - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7HELPING HANDS ICCSPC SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt8CLAIRENE GUNN WEAVER
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt022
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt123
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt212
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt44
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt51
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt66
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt73
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt81
IRS990ScheduleI/RecipientTable/CashGrantAmt010339

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,503,247
Liabilities
$2,545,475
Net assets
$4,957,772
Revenue
$696,598
Expenses
$543,173
Net income
$153,425
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.03$1.56$7.47$1.04$0.60$0.43
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.69$1.85$6.84$0.79$0.57$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.89$1.71$6.19$1.19$0.64$0.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$1.93$6.69$0.92$0.56$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.21$2.14$6.07$0.73$0.54$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$2.36$5.52$0.72$0.56$0.16
2018Detailed filing. Detailed filing data is available for this year.$7.50$2.55$4.96$0.70$0.54$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$2.74$4.99$1.45$0.56$0.90
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.64$2.98$4.66$0.76$0.52$0.24
2015Detailed filing. Detailed filing data is available for this year.$7.53$3.17$4.36$0.69$0.59$0.11