Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
EIN 37-6039315 • 501(c)3 • Jerseyville, IL
Profile
The fund provides educational assistance to college students residing in jersey county, illinois.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Liabilities / Revenue
24th percentile
Higher debt load relative to revenue than 24% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Assets
Up$4,320,576
Up $478,762 (+12%) from 2024
Liabilities
Up$2,497
Up $1,407 (+129%) from 2024
Net Assets
Up$4,318,079
Up $477,355 (+12%) from 2024
Revenue
Up$609,939
Up $109,967 (+22%) from 2024
Expenses
Up$358,508
Up $74,418 (+26%) from 2024
Net Income
Up$251,431
Up $35,549 (+16%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
The fund provides educational assistance to college students residing in jersey county, illinois.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $2,323,039 | $2,724,515 | ▲ $401,476 |
| Savings and Temporary Cash Investments | $855,298 | $943,119 | ▲ $87,821 |
| Cash and Non-Interest-Bearing Accounts | $565,130 | $555,907 | ▼ $9,223 |
| Land, Buildings, and Equipment, Net | $83,500 | $83,500 | → $0 |
| Prepaid Expenses and Deferred Charges | $2,149 | $3,627 | ▲ $1,478 |
| Total Assets | $3,841,814 | $4,320,576 | ▲ $478,762 |
| Other Assets Total | $12,698 | $9,908 | ▼ $2,790 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $1,090 | $2,497 | ▲ $1,407 |
| Total Liabilities | $1,090 | $2,497 | ▲ $1,407 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $3,840,724 | $4,318,079 | ▲ $477,355 |
| Total Net Assets Fund Balance | $3,840,724 | $4,318,079 | ▲ $477,355 |
| Total Liabilities and Net Assets / Fund Balance | $3,841,814 | $4,320,576 | ▲ $478,762 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $83,500 | - | $83,500 |
| Name | Title | Base | Total |
|---|---|---|---|
| James Frazier | Trustee | $1,500 | $1,500 |
| Name | Title |
|---|---|
| Jason Brunaugh | Trustee |
| John Hefner | Trustee |
| Judy Pruitt | Trustee |
| Tom Leslie | Trustee |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $341,640 |
| Other Expenses | $15,368 |
| Salaries, Compensation, and Employee Benefits | $1,500 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $341,640 | - | - | $341,640 |
| Fees for Services Accounting | - | $11,400 | - | $11,400 |
| Office Expenses | - | $2,961 | - | $2,961 |
| Current Officers, Directors, Trustees, and Key Employees | - | $1,500 | - | $1,500 |
| Fees for Services Legal | - | $840 | - | $840 |
| Insurance | - | $167 | - | $167 |
| Total Functional Expenses | $341,640 | $16,868 | $0 | $358,508 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $358,508 |
| Total Expenses per Audited Statements | $358,508 |
| Total Expenses per Form 990 | $358,508 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The 990 is reviewed by one of the trustees prior to filing. After the 990 is filed a copy is available for review by the entire board at the regional office of education, 201 west exchange street, jerseyville, il 62052”
“The board approves the compensation.”
“The trust makes its governing documents and financial statements available to the public for review upon request at the regional office of education, 201 west exchange street, jerseyville, il 62052”
“SEE SCHEDULE O”
“Accounting standards codification topic 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Topic 740 developed a two-step process to evaluate a tax position and also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The fund has not recorded a reserve for any tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The fund files tax returns in all appropriate jurisdictions. The open tax years are those years ended september 30, 2023 through september 30, 2025. The tax return for the year ended september 30, 2025 has not been filed as of the date of this report. As of september 30, 2025, and 2024, the fund has no recorded liability for unrecognized tax benefits. The fund recognizes interest and penalties related to uncertain tax positions as interest expense and penalties as incurred. No such expense was recognized for the years ended september 30, 2025 and 2024.”
“Accounting standards codification topic 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Topic 740 developed a two-step process to evaluate a tax position and also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The fund has not recorded a reserve for any tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. The fund files tax returns in all appropriate jurisdictions. The open tax years are those years ended september 30, 2023 through september 30, 2025. The tax return for the year ended september 30, 2025 has not been filed as of the date of this report. As of september 30, 2025, and 2024, the fund has no recorded liability for unrecognized tax benefits. The fund recognizes interest and penalties related to uncertain tax positions as interest expense and penalties as incurred. No such expense was recognized for the years ended september 30, 2025 and 2024.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1090 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2497 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE FUND PROVIDES EDUCATIONAL ASSISTANCE TO COLLEGE STUDENTS RESIDING IN JERSEY COUNTY, ILLINOIS. |
| IRS990/AllOtherContributionsAmt | 0 | 100 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JAMES FRAZIER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6184985541 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 303 WEST EXCHANGE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | JERSEYVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 62052 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 565130 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 555907 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 1500 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 1500 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 100 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 341640 |
| IRS990/CYInvestmentIncomeAmt | 0 | 233414 |
| IRS990/CYOtherExpensesAmt | 0 | 15368 |
| IRS990/CYOtherRevenueAmt | 0 | 209530 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 166895 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 251431 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1500 |
| IRS990/CYTotalExpensesAmt | 0 | 358508 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 609939 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE FUND PROVIDES EDUCATIONAL ASSISTANCE TO COLLEGE STUDENTS RESIDING IN JERSEY COUNTY, ILLINOIS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3840724 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4318079 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 341640 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 11400 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11400 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 840 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 840 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOHN HEFNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JASON BRUNAUGH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAMES FRAZIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JUDY PRUITT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TOM LESLIE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 1500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1937 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantAmt | 0 | 341640 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 341640 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 341640 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 684556 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 284147 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 167 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 167 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 233414 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 233414 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2323039 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2724515 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 83500 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 83500 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 83500 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 74617 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE FUND PROVIDES EDUCATIONAL ASSISTANCE TO COLLEGE STUDENTS RESIDING IN JERSEY COUNTY, ILLINOIS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3840724 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4318079 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 209530 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 209530 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 225924 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2961 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2961 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 12698 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9908 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2149 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3627 |
| IRS990/PrincipalOfficerNm | 0 | JAMES |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | EDUCATIONAL ASSISTANCE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 166895 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 166895 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 392 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 261950 |
| IRS990/PYInvestmentIncomeAmt | 0 | 129806 |
| IRS990/PYOtherExpensesAmt | 0 | 20640 |
| IRS990/PYOtherRevenueAmt | 0 | 227600 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 142174 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 215882 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1500 |
| IRS990/PYTotalExpensesAmt | 0 | 284090 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 499972 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 251431 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 209530 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 376425 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 855298 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 943119 |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | ISABELLA GRIMES FUND HAS SEEN A DECREASE IN LOAN COLLECTIONS DUE TO THE FINANCIAL STRAIN COVID HAS PUT ON THE PREVIOUS LOAN RECEIPIENTS THE PAST COUPLE OF YEARS. THE FUND HOPES TO SEE AN INCREASE IN LOAN REPAYMENTS AS THE ECONOMY SETTLES GOING FORWARD. ADDITIONALLY, THE FUND MAINTAINS VARIOUS INVESTMENTS THAT HELP TO ENSURE THAT ISABELLA GRIMES FUND WILL HAVE MONIES TO CONTINUE THEIR MISSION OF PROVIDING STUDENTS WITH LOANS/GRANTS TO FURTHER THEIR EDUCATION, EVEN ON LOW COLLECTION YEARS SUCH AS 2021, 2022, 2023, AND 2024. DUE TO THE COVID PANDEMIC DISRUPTING THE MARKETS, THE FUND HAS SEEN LARGE SWINGS IN INVESTMENT INCOME (DIVIDENDS & UNREALIZED GAINS/LOSSES) CAUSING THEIR AVERAGE TO BE SKEWED. GOING FORWARD, IT IS THE FUNDS GOAL TO INCREASE SUPPORT REVENUES AS WELL AS SEE THEIR INVESTMENT RELATED INCOME LEVEL OUT. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 166895 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 142174 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 153835 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 164951 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 179240 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 807095 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 668868 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 851520 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 540985 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 404869 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 304720 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2770962 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.22560 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.24450 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 807095 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 166895 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 142174 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 153835 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 164951 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 179240 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 807095 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3578057 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 358508 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 83500 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 83500 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 225924 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 225924 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 609939 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTING STANDARDS CODIFICATION TOPIC 740 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TOPIC 740 DEVELOPED A TWO-STEP PROCESS TO EVALUATE A TAX POSITION AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE FUND HAS NOT RECORDED A RESERVE FOR ANY TAX POSITIONS FOR WHICH THE ULTIMATE DEDUCTIBILITY IS HIGHLY CERTAIN BUT FOR WHICH THERE IS UNCERTAINTY ABOUT THE TIMING OF SUCH DEDUCTIBILITY. THE FUND FILES TAX RETURNS IN ALL APPROPRIATE JURISDICTIONS. THE OPEN TAX YEARS ARE THOSE YEARS ENDED SEPTEMBER 30, 2023 THROUGH SEPTEMBER 30, 2025. THE TAX RETURN FOR THE YEAR ENDED SEPTEMBER 30, 2025 HAS NOT BEEN FILED AS OF THE DATE OF THIS REPORT. AS OF SEPTEMBER 30, 2025, AND 2024, THE FUND HAS NO RECORDED LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FUND RECOGNIZES INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES AS INCURRED. NO SUCH EXPENSE WAS RECOGNIZED FOR THE YEARS ENDED SEPTEMBER 30, 2025 AND 2024. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTING STANDARDS CODIFICATION TOPIC 740 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TOPIC 740 DEVELOPED A TWO-STEP PROCESS TO EVALUATE A TAX POSITION AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE FUND HAS NOT RECORDED A RESERVE FOR ANY TAX POSITIONS FOR WHICH THE ULTIMATE DEDUCTIBILITY IS HIGHLY CERTAIN BUT FOR WHICH THERE IS UNCERTAINTY ABOUT THE TIMING OF SUCH DEDUCTIBILITY. THE FUND FILES TAX RETURNS IN ALL APPROPRIATE JURISDICTIONS. THE OPEN TAX YEARS ARE THOSE YEARS ENDED SEPTEMBER 30, 2023 THROUGH SEPTEMBER 30, 2025. THE TAX RETURN FOR THE YEAR ENDED SEPTEMBER 30, 2025 HAS NOT BEEN FILED AS OF THE DATE OF THIS REPORT. AS OF SEPTEMBER 30, 2025, AND 2024, THE FUND HAS NO RECORDED LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FUND RECOGNIZES INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES AS INCURRED. NO SUCH EXPENSE WAS RECOGNIZED FOR THE YEARS ENDED SEPTEMBER 30, 2025 AND 2024. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART IV, LINE 11F |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 358508 |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 358508 |
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| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 109 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | TO PROVIDE EDUCATIONAL ASSISTANCE FOR STUDENTS FROM JERSEY COUNTY, IL TO FURTHER THEIR EDUCATION BEYOND HIGH SCHOOL. GRANTS ARE AWARDED TO APPLICANTS ON A SEMESTER BY SEMESTER BASIS. LARGEST GRANTS AWARDED WERE $4,000. |
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| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE 990 IS REVIEWED BY ONE OF THE TRUSTEES PRIOR TO FILING. AFTER THE 990 IS FILED A COPY IS AVAILABLE FOR REVIEW BY THE ENTIRE BOARD AT THE REGIONAL OFFICE OF EDUCATION, 201 WEST EXCHANGE STREET, JERSEYVILLE, IL 62052 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD APPROVES THE COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE TRUST MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC FOR REVIEW UPON REQUEST AT THE REGIONAL OFFICE OF EDUCATION, 201 WEST EXCHANGE STREET, JERSEYVILLE, IL 62052 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SEE SCHEDULE O |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN HEAFNER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FRAZIER |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-17 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ISAB |
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| ReturnHeader/Filer/PhoneNum | 0 | 6184985541 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 409 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | JERSEYVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 62052 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHEFFEL BOYLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 106 W COUNTY ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | JERSEYVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 62052 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6184986841 |
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| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DANNY PHIPPS CPA |
| ReturnHeader/ReturnTs | 0 | 2026-02-17T15:27:39-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-09-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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