Civic Intelligence

Team 66 Education Foundation

990EZ • Fiscal year 2023 • EIN 46-3834945

Jul 01, 2022 to Jun 30, 2023 • Filed on May 20, 2024

PO Box 5714Woodridge, IL 60517-0714

(630) 272-4559

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

12th percentile

-40%

Higher net margin than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

16th percentile

-34%

Faster asset growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

39%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$69,839

Flat from 2023

Net Assets

$69,839

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Flat

$85,251

Flat from 2023

Expenses

Flat

$119,155

Flat from 2023

Net Income

Flat

-$33,904

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $90,659Liabilities 2020: $1,896Net Assets 2020: $88,7632020Assets 2022: $105,639Liabilities 2022: $1,896Net Assets 2022: $103,7432022Assets 2023: $69,839Net Assets 2023: $69,8392023Assets 2023: $69,839Liabilities 2023: $02023Assets 2024: $83,369Liabilities 2024: $02024Assets 2025: $86,985Liabilities 2025: $0Net Assets 2025: $86,9852025

Highlighted filing

2023

Assets$69,839
Liabilities-
Net Assets$69,839

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2020: $51,1072020Revenue 2022: $61,376Expenses 2022: $69,685Net Income 2022: -$8,3092022Revenue 2023: $85,251Expenses 2023: $119,155Net Income 2023: -$33,9042023Revenue 2023: $85,251Expenses 2023: $119,155Net Income 2023: -$33,9042023Revenue 2024: $110,692Expenses 2024: $97,162Net Income 2024: $13,5302024Revenue 2025: $115,212Expenses 2025: $111,596Net Income 2025: $3,6162025

Highlighted filing

2023

Revenue$85,251
Expenses$119,155
Net Income-$33,904
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 20, 2024
Return Version
2022v5.0
Gross Receipts
$115,707
Mission and Program Overview

Mission

Provide funding for additional education tools

We promote creative funding, build relationships between parents, educators, and the community, as well as support the needs of the district.

Program Services

DescriptionGrantsExpenses
GRANTS FOR TEACHERS AND ADMINISTRATION TO USE AT THEIR DISCRETION TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR STUDENTS THAT THE SCHOOL BOARD DOES NOT AFFORD THEM.$75,275$75,275
PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS$20,984$20,984
PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS$16,558$16,558
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIM PACEPresident/Di-$0--
ROBIN SUVADirector-$0--
JESSICA GISMONDIDirector-$0--
KATHLEEN BARKAUSKASTreasurer/Di-$0--
JESSICA SAGEDirector-$0--
AMY VANOSecretary/Di-$0--
Filing and Contact Details

Filer

Filer Name
Team 66 Education Foundation
EIN
46-3834945
Phone
6302724559
Address
PO BOX 5714, WOODRIDGE, IL 60517-0714

Signing Officer

Name
Kathleen Barkauskas
Title
Treasurer/director
Phone
6302724559
Signed
2024-05-20
Discuss with paid preparer
Yes

Preparer

Firm
4wealth Cpas LLC
Address
745 MCCLINTOCK DR STE 150, BURR RIDGE, IL 60527-0866
Preparer
Peter D Recchia
Phone
7086955300
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

Client received erroneous information from previous accountant regarding the change in accounting period. As a result, an erroneous calendar year 12/31 return was filed instead on a fiscal year tax return ending 6/30.

Form 990-ez, Part I, Line 10

Cash contribution: 20,984 cash contribution: 75,275

Form 990-ez, Part I, Line 16

Other fundraiser events 6,337 expenses insurance 475 legal & professional fees 11,197 office supplies 1,276 taxes & licenses 1,949 penalty 1,260 meals 386 postage 2 decorations 14 total 22,896

Form 990-ez, Part II, Line 26

1,896 0

Form 990-ez, Part III

We promote creative funding, build relationships between parents, educators, and the community, as well as support the needs of the district.

Form 990-ez, Part III, Line 31

Provide funding for additional educational tools

Raw XML Appendix179 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06302724559
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 5714
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WOODRIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0605170714
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0105639
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt069839
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06848
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-33904
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0105639
IRS990EZ/Form990TotalAssetsGrp/EOYAmt069839
IRS990EZ/FundraisingGrossIncomeAmt012195
IRS990EZ/GamingGrossIncomeAmt020278
IRS990EZ/GrantsAndSimilarAmountsPaidAmt096259
IRS990EZ/GrossReceiptsAmt0115707
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0103743
IRS990EZ/NetAssetsOrFundBalancesEOYAmt069839
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0103743
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt069839
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KIM PACE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBIN SUVA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JESSICA GISMONDI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATHLEEN BARKAUSKAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JESSICA SAGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5AMY VANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY/DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt022896
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE PROMOTE CREATIVE FUNDING, BUILD RELATIONSHIPS BETWEEN PARENTS, EDUCATORS, AND THE COMMUNITY, AS WELL AS SUPPORT THE NEEDS OF THE DISTRICT.
IRS990EZ/ProgramServiceRevenueAmt076386
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS FOR TEACHERS AND ADMINISTRATION TO USE AT THEIR DISCRETION TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR STUDENTS THAT THE SCHOOL BOARD DOES NOT AFFORD THEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt075275
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt120984
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt216558
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt075275
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt120984
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt216558
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt030456
IRS990EZ/SpecialEventsNetIncomeLossAmt02017
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01896
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0119155
IRS990EZ/TotalProgramServiceExpensesAmt0112817
IRS990EZ/TotalRevenueAmt085251
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TEAM66EF.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt044872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt014174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017771
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0124228
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt081599
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0124228
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt044872
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt014174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017771
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0124228
IRS990ScheduleA/TotalSupportAmt0124228
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt09889
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt020278
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt020278
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt010389
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt09889
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt09889
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0THE ORGANIZATION
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 5714
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0WOODRIDGE
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IL
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd0605170714
IRS990ScheduleG/StatesWhereGamingConductedCd0IL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLIENT RECEIVED ERRONEOUS INFORMATION FROM PREVIOUS ACCOUNTANT REGARDING THE CHANGE IN ACCOUNTING PERIOD. AS A RESULT, AN ERRONEOUS CALENDAR YEAR 12/31 RETURN WAS FILED INSTEAD ON A FISCAL YEAR TAX RETURN ENDING 6/30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CASH CONTRIBUTION: 20,984 CASH CONTRIBUTION: 75,275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER FUNDRAISER EVENTS 6,337 EXPENSES INSURANCE 475 LEGAL & PROFESSIONAL FEES 11,197 OFFICE SUPPLIES 1,276 TAXES & LICENSES 1,949 PENALTY 1,260 MEALS 386 POSTAGE 2 DECORATIONS 14 TOTAL 22,896
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31,896 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WE PROMOTE CREATIVE FUNDING, BUILD RELATIONSHIPS BETWEEN PARENTS, EDUCATORS, AND THE COMMUNITY, AS WELL AS SUPPORT THE NEEDS OF THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN BARKAUSKAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06302724559
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAM 66 EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0463834945
ReturnHeader/Filer/PhoneNum06302724559
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5714
ReturnHeader/Filer/USAddress/CityNm0WOODRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0605170714
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461197479
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt04WEALTH CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0745 MCCLINTOCK DR STE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURR RIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0605270866
ReturnHeader/PreparerPersonGrp/PhoneNum07086955300
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER D RECCHIA
ReturnHeader/ReturnTs02024-05-20T11:35:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHLEEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARKAUSKAS
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings