Civic Intelligence

Cbai Foundation for Community Banking

990 • Fiscal year 2024 • EIN 37-1361103

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 29, 2025

901 Community DriveSpringfield, IL 62703-5184

(217) 529-2265

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.35x

Higher debt load relative to revenue than 76% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-79%

Higher net margin than 4% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

44th percentile

2.0%

Faster asset growth than 44% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-7.9%

Faster revenue growth than 24% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,289,874

Up $29,530 (+2.3%) from 2022

Net Assets

Up

$1,264,874

Up $29,030 (+2.3%) from 2022

Liabilities

Up

$25,000

Up $500 (+2.0%) from 2022

Revenue

Down

$71,701

Down $11,353 (-14%) from 2022

Expenses

Up

$128,417

Up $5,096 (+4.1%) from 2022

Net Income

Down

-$56,716

Down $16,449 (-41%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $645,517Liabilities 2010: $17,280Net Assets 2010: $628,2372010Assets 2011: $1,148,213Liabilities 2011: $516,180Net Assets 2011: $632,0332011Assets 2012: $1,155,962Liabilities 2012: $516,047Net Assets 2012: $639,9152012Assets 2013: $1,365,664Liabilities 2013: $513,259Net Assets 2013: $852,4052013Assets 2014: $1,581,986Liabilities 2014: $519,221Net Assets 2014: $1,062,7652014Assets 2015: $1,657,868Liabilities 2015: $514,987Net Assets 2015: $1,142,8812015Assets 2016: $1,663,371Liabilities 2016: $518,131Net Assets 2016: $1,145,2402016Assets 2017: $1,718,159Liabilities 2017: $515,430Net Assets 2017: $1,202,7292017Assets 2018: $1,755,482Liabilities 2018: $513,527Net Assets 2018: $1,241,9552018Assets 2019: $1,260,806Liabilities 2019: $13,951Net Assets 2019: $1,246,8552019Assets 2020: $1,272,275Liabilities 2020: $16,000Net Assets 2020: $1,256,2752020Assets 2021: $1,340,774Liabilities 2021: $17,012Net Assets 2021: $1,323,7622021Assets 2022: $1,260,344Liabilities 2022: $24,500Net Assets 2022: $1,235,8442022Assets 2024: $1,289,874Liabilities 2024: $25,000Net Assets 2024: $1,264,8742024Assets 2025: $1,330,283Liabilities 2025: $19,154Net Assets 2025: $1,311,1292025

Highlighted filing

2024

Assets$1,289,874
Liabilities$25,000
Net Assets$1,264,874

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $25,0092010Expenses 2011: $39,2702011Expenses 2012: $67,7002012Expenses 2013: $170,0832013Revenue 2014: $311,604Expenses 2014: $171,287Net Income 2014: $140,3172014Revenue 2015: $131,731Expenses 2015: $119,824Net Income 2015: $11,9072015Revenue 2016: $73,279Expenses 2016: $127,438Net Income 2016: -$54,1592016Revenue 2017: $116,003Expenses 2017: $137,718Net Income 2017: -$21,7152017Revenue 2018: $105,812Expenses 2018: $131,316Net Income 2018: -$25,5042018Revenue 2019: $65,124Expenses 2019: $127,209Net Income 2019: -$62,0852019Revenue 2020: $66,051Expenses 2020: $114,167Net Income 2020: -$48,1162020Revenue 2021: $69,297Expenses 2021: $128,845Net Income 2021: -$59,5482021Revenue 2022: $83,054Expenses 2022: $123,321Net Income 2022: -$40,2672022Revenue 2024: $71,701Expenses 2024: $128,417Net Income 2024: -$56,7162024Revenue 2025: $97,030Expenses 2025: $127,393Net Income 2025: -$30,3632025

Highlighted filing

2024

Revenue$71,701
Expenses$128,417
Net Income-$56,716
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 29, 2025
Return Version
2023v6.0
Gross Receipts
$71,701
Mission and Program Overview

Mission

We serve the public by providing educational scholarships to graduating illinois high school seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,194,897$1,246,918▲ $52,021
Cash and Non-Interest-Bearing Accounts$28,787$33,692▲ $4,905
Savings and Temporary Cash Investments$38,200$8,339▼ $29,861
Pledges and Grants Receivable$1,340$925▼ $415
Land, Buildings, and Equipment, Net$751$0▼ $751
Total Assets$1,263,975$1,289,874▲ $25,899
Liabilities
Grants Payable$17,059$25,000▲ $7,941
Total Liabilities$17,059$25,000▲ $7,941
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,246,916$1,264,874▲ $17,958
Total Net Assets Fund Balance$1,246,916$1,264,874▲ $17,958
Total Liabilities and Net Assets / Fund Balance$1,263,975$1,289,874▲ $25,899

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$13,743$13,743
Other Securities$19,263--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy ThiedeChairwoman
Kraig LounsberryPresident
Katie AshworthVice Chairwoman
Delaina ZellersDirector
Jim WeastDirector
Kevin T DayDirector
Travis ClemDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$39,092
Program Service Revenue
$0
Investment Income
$22,914
Other Revenue
$9,695
All Other Contributions
$39,092
Change in Net Assets
$-56,716

Audited Revenue Reconciliation

Revenue per Audited Statements
$71,701
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$74,674
Total Revenue per Audited Statements
$146,375
Total Revenue per Form 990
$71,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,876
Grants and Similar Amounts Paid$42,541
Total Fundraising Expense$33,711
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$42,541--$42,541
Interest-$25,359-$25,359
Fees for Services Accounting-$4,500-$4,500
Conferences and Meetings--$1,397$1,397
Depreciation Depletion-$751-$751
Other Expenses$18,780$13$119$13
Total Functional Expenses$61,321$33,385$33,711$128,417

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$128,417
Total Expenses per Audited Statements$128,417
Total Expenses per Form 990$128,417
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

There are no other committees authorized to act on behalf of the governing body.

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

The board members review a copy of the 990 prior to filing.

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

All board members and staff are required to annually sign a conflict of interest policy and disclose any conflicts.

Form 990, Part VI, Section B, Line 15

The organization does not pay compensation.

Form 990, Part VI, Section C, Line 19

Upon receipt of a written request and receipt of a check for $1.00 for 1st page and $.15 for each additional page, a copy will be mailed within 24 hours or as reasonably possible. A request made in person and with the payment stated above will also be mailed a copy within 24 hours or as is reasonably possible.

Filing and Contact Details

Filer

Filer Name
Cbai Foundation for
EIN
37-1361103
Phone
2175292265
Address
901 COMMUNITY DRIVE, SPRINGFIELD, IL 62703-5184

Signing Officer

Name
Kraig Lounsberry
Title
President
Phone
2175292265
Signed
2025-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kraig Lounsberry
Formed
1996
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
30

Preparer

Firm
Eck Schafer & Punke Llp
Address
227 S SEVENTH STREET, SPRINGFIELD, IL 62701
Preparer
Brent Leach
Phone
2175251111
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation follows accounting principles generally accepted in the united states of america which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of june 30, 2024 were reviewed, and it was determined that no provision for uncertain tax position is required.

Raw XML AppendixShowing 400 of 428 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WE SERVE THE PUBLIC BY PROVIDING EDUCATIONAL SCHOLARSHIPS TO GRADUATING ILLINOIS HIGH SCHOOL SENIORS.
IRS990/AllOtherContributionsAmt039092
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PATRICK BEVERIDGE CFO
IRS990/BooksInCareOfDetail/PhoneNum02175292265
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0901 COMMUNITY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0627035184
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt028787
IRS990/CashNonInterestBearingGrp/EOYAmt033692
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt01397
IRS990/ConferencesMeetingsGrp/TotalAmt01397
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt039092
IRS990/CYGrantsAndSimilarPaidAmt042541
IRS990/CYInvestmentIncomeAmt022914
IRS990/CYOtherExpensesAmt085876
IRS990/CYOtherRevenueAmt09695
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-56716
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0128417
IRS990/CYTotalFundraisingExpenseAmt033711
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt071701
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0751
IRS990/DepreciationDepletionGrp/TotalAmt0751
IRS990/Desc0THE FOUNDATION PROVIDED SCHOLARSHIPS FOR HIGHER EDUCATION TO SELECTED HIGH SCHOOL SENIORS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt053658
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt061321
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0AMY THIEDE
IRS990/Form990PartVIISectionAGrp/PersonNm1KATIE ASHWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm2KRAIG LOUNSBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm3DELAINA ZELLERS
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM WEAST
IRS990/Form990PartVIISectionAGrp/PersonNm5KEVIN T DAY
IRS990/Form990PartVIISectionAGrp/PersonNm6TRAVIS CLEM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt06875
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt042541
IRS990/GrantsPayableGrp/BOYAmt017059
IRS990/GrantsPayableGrp/EOYAmt025000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt042541
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt042541
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06875
IRS990/GrossReceiptsAmt071701
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt025359
IRS990/InterestGrp/TotalAmt025359
IRS990/InvestmentIncomeGrp/ExclusionAmt016039
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016039
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01194897
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01246918
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013743
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0751
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt013743
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE SERVE THE PUBLIC BY PROVIDING EDUCATIONAL SCHOLARSHIPS TO GRADUATING ILLINOIS HIGH SCHOOL SENIORS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01246916
IRS990/NetAssetsOrFundBalancesEOYAmt01264874
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06875
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06875
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt021016
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01246916
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01264874
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0STAFF CONTRIBUTED SERVI
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2SUBS AND FEES
IRS990/OtherExpensesGrp/FundraisingAmt032195
IRS990/OtherExpensesGrp/FundraisingAmt1119
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02683
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt179
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt213
IRS990/OtherExpensesGrp/ProgramServicesAmt018780
IRS990/OtherExpensesGrp/TotalAmt053658
IRS990/OtherExpensesGrp/TotalAmt1198
IRS990/OtherExpensesGrp/TotalAmt213
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0INCR IN CSV OF LIFE IN
IRS990/OtherRevenueMiscGrp/ExclusionAmt09695
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09695
IRS990/OtherRevenueTotalAmt09695
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01340
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0925
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KRAIG LOUNSBERRY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt042966
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt045592
IRS990/PYInvestmentIncomeAmt027833
IRS990/PYOtherExpensesAmt085951
IRS990/PYOtherRevenueAmt07024
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-53720
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0131543
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt077823
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-56716
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt038200
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt039092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042966
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt041833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0190880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025734
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017721
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013781
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019336
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt099379
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61060
IRS990ScheduleA/PublicSupportPY170Pct00.58830
IRS990ScheduleA/PublicSupportTotal170Amt0177240
IRS990ScheduleA/SubstantialContributorsTotAmt013640
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt039092
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042966
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt032002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt041833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt034987
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0190880
IRS990ScheduleA/TotalSupportAmt0290259
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/DonatedServicesAndUseFcltsAmt053658
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013743
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013743
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0128417
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt021016
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0750817
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt163531
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt272700
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt361375
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt446075
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt584629
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt628938
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt730138
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt866665
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt922376
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt10410
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt111
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1219263
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CASH SURRENDER VALUE OF LIFE INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VANGUARD SHORT TERM INVESTMENT-GRADE FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2VANGUARD DIVIDEND GROWTH FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3VANGUARD MIDCAP GROWTH FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc4VANGUARD INTERMEDIATE-TERM TREASURY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc5VANGUARD WINDSOR II FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc6VANGUARD INFLATION-PROTECTED SECURITIES FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc7VANGUARD GLOBAL EQUITY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc8VANGUARD STAR FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc9VANGUARD ENERGY FUND INVESTOR
IRS990ScheduleD/OtherSecuritiesGrp/Desc10VANGUARD FEDERAL MONEY MARKET
IRS990ScheduleD/OtherSecuritiesGrp/Desc11LAKE FOREST BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc12VANGUARD MATERIALS FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd11C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd12C
IRS990ScheduleD/RevenueNotReportedAmt074674
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt071701
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOLLOWS ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA WHICH SETS A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX POSITIONS FOR THE OPEN TAX YEARS AS OF JUNE 30, 2024 WERE REVIEWED, AND IT WAS DETERMINED THAT NO PROVISION FOR UNCERTAIN TAX POSITION IS REQUIRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01246918
IRS990ScheduleD/TotalExpensesPerForm990Amt0128417
IRS990ScheduleD/TotalRevenuePerForm990Amt071701
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0146375
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0128417
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt042541
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt031
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0STUDENTS ARE INFORMED AT THE TIME OF THE SCHOLARSHIP AWARD THAT THE FUNDS ARE TO BE USED TO FURTHER THEIR EDUCATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO OTHER COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS REVIEW A COPY OF THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS AND STAFF ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT PAY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON RECEIPT OF A WRITTEN REQUEST AND RECEIPT OF A CHECK FOR $1.00 FOR 1ST PAGE AND $.15 FOR EACH ADDITIONAL PAGE, A COPY WILL BE MAILED WITHIN 24 HOURS OR AS REASONABLY POSSIBLE. A REQUEST MADE IN PERSON AND WITH THE PAYMENT STATED ABOVE WILL ALSO BE MAILED A COPY WITHIN 24 HOURS OR AS IS REASONABLY POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01263975
IRS990/TotalAssetsEOYAmt01289874
IRS990/TotalAssetsGrp/BOYAmt01263975
IRS990/TotalAssetsGrp/EOYAmt01289874
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt039092
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033711
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033385
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt061321
IRS990/TotalFunctionalExpensesGrp/TotalAmt0128417
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017059
IRS990/TotalLiabilitiesEOYAmt025000
IRS990/TotalLiabilitiesGrp/BOYAmt017059
IRS990/TotalLiabilitiesGrp/EOYAmt025000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01246916
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01264874
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt061321
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt032609
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071701
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01263975
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01289874
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0901 COMMUNITY DRIVE
IRS990/USAddress/CityNm0SPRINGFIELD
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0627035184
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.02$1.31$0.10$0.13$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.29$0.03$1.26$0.07$0.13$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.02$1.24$0.08$0.12$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.02$1.32$0.07$0.13$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.02$1.26$0.07$0.11$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.01$1.25$0.07$0.13$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.51$1.24$0.11$0.13$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.52$1.20$0.12$0.14$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.52$1.15$0.07$0.13$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.51$1.14$0.13$0.12$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.52$1.06$0.31$0.17$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.51$0.85$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.52$0.64$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.52$0.63$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.02$0.63$0.03