Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Ipc Education Foundation
EIN 83-1444757 • 501(c)3 • Bannockburn, IL
Profile
The ipc education foundation creates connections between electronics manufacturers and supply chain companies, academia and the emerging workforce. It works to prepare students for rewarding careers by supplying learning opportunities focused on electronics manufacturing and improving the perception of manufacturing as a stable and well-paid sector.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
3.35x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Balance Sheet
Assets
Down$792,526
Down $84,576 (-9.6%) from 2023
Liabilities
Up$2,656,913
Up $319,073 (+14%) from 2023
Net Assets
Down-$1,864,387
Down $403,649 (-28%) from 2023
Revenue
Down$39,047
Down $245,236 (-86%) from 2023
Expenses
Down$442,696
Down $166,077 (-27%) from 2023
Net Income
Down-$403,649
Down $79,159 (-24%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $792,526
- Liabilities
- $2,656,913
- Net assets
- -$1,864,387
- Revenue
- $39,047
- Expenses
- $442,696
- Net income
- -$403,649
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 15, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $39,047
Mission and Program Overview
Mission
The ipc education foundation creates connections between electronics manufacturers and supply chain companies, academia and the emerging workforce. It works to prepare students for rewarding careers by supplying learning opportunities focused on electronics manufacturing and improving the perception of manufacturing as a stable and well-paid sector.
Support the improvement and dissemination of knowledge in the field of electronics through
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $519,560 | $685,763 | ▲ $166,203 |
| Prepaid Expenses and Deferred Charges | $70,007 | $66,628 | ▼ $3,379 |
| Accounts Receivable | $287,535 | $40,135 | ▼ $247,400 |
| Total Assets | $877,102 | $792,526 | ▼ $84,576 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,333,226 | $2,653,703 | ▲ $320,477 |
| Deferred Revenue | $4,614 | $3,210 | ▼ $1,404 |
| Total Liabilities | $2,337,840 | $2,656,913 | ▲ $319,073 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-1,460,738 | $-1,864,387 | ▼ $403,649 |
| Total Net Assets Fund Balance | $-1,460,738 | $-1,864,387 | ▼ $403,649 |
| Total Liabilities and Net Assets / Fund Balance | $877,102 | $792,526 | ▼ $84,576 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| David Hernandez | VP Certification & Education/director | - | - | $473,657 | $473,657 |
| Charlene Gunter | Sr. Director of Education | FT | $162,604 | $55,185 | $217,789 |
Board Members and Trustees
| Name | Title |
|---|---|
| JOE O'NEIL | Chair |
| John Mitchell | President |
| Tom Sandman | CFO/secretary/treasurer |
| David Hernandez | VP Certification & Education/directo |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $35,123
- Program Service Revenue
- $3,924
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $12,550
- Change in Net Assets
- $-403,649
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $347,214 |
| Grants and Similar Amounts Paid | $71,500 |
| Other Expenses | $23,982 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $196,010 | $21,779 | - | $217,789 |
| Other Salaries and Wages | $78,015 | $8,668 | - | $86,683 |
| Grants to Domestic Individuals | $58,000 | - | - | $58,000 |
| Payroll Taxes | $21,433 | $2,382 | - | $23,815 |
| Grants to Domestic Orgs | $13,500 | - | - | $13,500 |
| Other Employee Benefits | $11,573 | $1,286 | - | $12,859 |
| Travel | $7,757 | $862 | - | $8,619 |
| Pension Plan Contributions | $5,461 | $607 | - | $6,068 |
| Conferences and Meetings | $2,949 | $328 | - | $3,277 |
| All Other Expenses | $1,872 | $208 | - | $2,080 |
| Information Technology | $478 | $53 | - | $531 |
| Advertising | $373 | - | - | $373 |
| Other Expenses | $288 | $32 | - | $320 |
| Total Functional Expenses | $405,612 | $37,084 | $0 | $442,696 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“The sole member of the corporation shall be ipc international, inc. Or any successor corporation.”
Form 990, Part VI, Section A, Line 7A
“The sole member shall have the right to vote on those matters granted to members by the illinois not for profit corporation act, as well as any matters specified in the bylaws, specifically including the following: a. The election and removal of all directors on the board of directors; b. The election and removal of all officers of the corporation; c. The adoption, amendment and/or repeal of any provision of the articles of incorporation and these bylaws; d. At its option, the adoption or ratification of the corporations's capital budget, operating bugget, mission statement, and strategic plan.”
Form 990, Part VI, Section A, Line 7B
“SEE LINE 7A”
Form 990, Part VI, Section B, Line 11B
“The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing with the irs.”
Form 990, Part VI, Section B, Line 12C
“Ipc is responsible for cataloging all conflicts of interest. The conflict of interest questionaire and policy is distributed annually. Directors are requested to report any conflicts on an annual basis.”
Form 990, Part VI, Section B, Line 15
“Compensation review procedures are performed by related organization, ipc international, inc. (ipc). Ipc utilizes an independent compensation committee of the board to determine the ceo's salary using comparability data comprised by an independent third party, who is contracted annually to conduct an executive compensation study for this purpose. The compensation committee substantiates its deliberation and decision. The same process is followed for other officers.”
Form 990, Part VI, Section C, Line 19
“Governing documents and financial statements are available through applicable governmental agencies; the conflict of interest policy is available upon written request to the organization.”
FORM 990, PART VII, SECTION A:
“Compensation reported for the sr. Director of education programs, charlene gunter, has been paid by a related organization and common paymaster, ipc international, inc. Ein# 23-7091810. Since all services performed by this individual were for ipc education foundation, the compensation has been reported in column d as if paid by the organization. Ipc international, inc. Has complied with payroll filing requirements.”
Filing and Contact Details
Filer
- Filer Name
- Ipc Education Foundation
- EIN
- 83-1444757
- Phone
- 8475972883
- Address
- 3000 LAKESIDE DR 105N, BANNOCKBURN, IL 60015
- Doing Business As
- Electronics Foundation
Signing Officer
- Name
- John Mitchell
- Title
- President
- Phone
- 8475972883
- Signed
- 2025-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- John Mitchell
- Formed
- 2017
- Legal Domicile
- Il
- Voting Board Members
- 4
- Independent Board Members
- 1
- Employees
- 0
- Volunteers
- 230
Preparer
- Firm
- Plante & Moran Pllc
- Address
- 10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
- Preparer
- Jessica Toader
- Phone
- 3122071040
Raw XML AppendixShowing 400 of 507 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/MissionDesc | 0 | THE IPC EDUCATION FOUNDATION CREATES CONNECTIONS BETWEEN ELECTRONICS MANUFACTURERS AND SUPPLY CHAIN COMPANIES, ACADEMIA AND THE EMERGING WORKFORCE. IT WORKS TO PREPARE STUDENTS FOR REWARDING CAREERS BY SUPPLYING LEARNING OPPORTUNITIES FOCUSED ON ELECTRONICS MANUFACTURING AND IMPROVING THE PERCEPTION OF MANUFACTURING AS A STABLE AND WELL-PAID SECTOR. |
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| IRS990/PYTotalRevenueAmt | 0 | 284283 |
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| IRS990/RelatedEntityInd | 0 | 1 |
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| IRS990/RelatedOrganizationsAmt | 0 | 22573 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
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| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 3924 |
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| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
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| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 1 |
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| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | IPC EDUCATION FOUNDATION CONFIRMED THAT THE SUPPORTED ORGANIZATION, IPC INTERNATIONAL, INC., IS A 501(C)(6) TAX EXEMPT ORGANIZATION BY REVIEWING THEIR IRS DETERMINATION LETTER AND ALSO ANNUALLY COMPLETING A PRO FORMA SCHEDULE A, PART III TEST TO CONFIRM THAT IPC SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2). |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | IPC EDUCATION FOUNDATION CONFIRMED THAT THE SUPPORTED ORGANIZATION, IPC INTERNATIONAL, INC., IS A 501(C)(6) TAX EXEMPT ORGANIZATION BY REVIEWING THEIR IRS DETERMINATION LETTER AND ALSO ANNUALLY COMPLETING A PRO FORMA SCHEDULE A, PART III TEST TO CONFIRM THAT IPC SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2). |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 2 | THE ACTIVITIES OF IPC EDUCATION FOUNDATION ARE PERFORMED IN FURTHERANCE OF THEIR EXEMPT PURPOSE WHICH IS TO SUPPORT THE IMPROVEMENT AND DISSEMINATION OF KNOWLEDGE IN THE FIELD OF ELECTRONICS THROUGH EDUCATION AND TRAINING, DISTRIBUTE SCHOLARSHIPS AND GRANTS TO EMPOWER INDIVIDUALS TO PARTICIPATE AND COLLABORATE WITH PARTNERS TO HELP FOSTER AND PROMOTE EDUCATION AND TRAINING IN THE ELECTRONICS INDUSTRY. THESE ACTIVITIES ARE ALSO IN FURTHERANCE OF THEIR SUPPORTED ORGANIZATION IPC INTERNATIONAL, INC'S EXEMPT PURPOSE OF FURTHERING THE COMPETITIVE EXCELLENCE AND FINANCIAL SUCCESS OF ITS MEMBERS, WHO ARE PARTICIPANTS IN THE ELECTRONICS INDUSTRY. IPC EDUCATION FOUNDATION ENSURES THAT ALL SUPPORT PROVIDED TO IPC INTERNATIONAL, INC IS USED EXCLUSIVELY FOR CHARITABLE PURPOSES BY PEFORMING THESE ACTIVITIES AND FUNCTIONS ON BEHALF OF THEIR OWN MISSION WHICH IN TURN FURTHERS IPC INTERNATIONAL, INC'S MISSION, AS OPPOSED TO TRANSFERRING FUNDS TO THE SUPPORTED ORGANIZATION TO PERFORM THESE FUNCTIONS. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION A, LINE 2: |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION A, LINE 3B: |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 2 | PART IV, SECTION A, LINE 3C: |
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| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 237091810 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 10 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
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| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 58000 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 56 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION'S BOARD OF DIRECTORS APPOINTS A SCHOLARSHIP SELECTION COMMITTE THAT USES OBJECTIVE, NONDISCRIMINATORY CRITERIA TO SELECT SCHOLARSHIP RECIPIENTS. THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS WHO DESIRE A CAREER IN THE FIELD OF ELECTRONICS AND EACH YEAR THE NUMBER OF TOTAL SCHOLARSHIPS AWARDED IS DEPENDENT ON TOTAL DONATIONS RECEIVED BY THE FOUNDATION. THE ANTICIPATED SIZE OF EACH SCHOLARSHIP IS EXPECTED TO BE APPROXIMATELY $1,000 PER STUDENT PER YEAR. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PART III: |
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| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 1 |
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| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 3 | 162604 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 3 | 11000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 1528236 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 70000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 70000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 3 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 331607 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 3 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 3 | 19096 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 37950 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 36468 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 2 | 37950 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 3 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 3 | 25089 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 91887 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 35582 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 2 | 26048 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 3 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | JOHN MITCHELL |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | DAVID HERNANDEZ |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 2 | TOM SANDMAN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 3 | CHARLENE GUNTER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | VP CERTIFICATION & EDUCATION/DIRECTO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | CFO/SECRETARY/TREASURER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 3 | SR. DIRECTOR OF EDUCATION |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 3 | 217789 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 2796945 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 473657 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 2 | 472991 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 3 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY RELATED ORGANIZATION, IPC INTERNATIONAL, INC. IPC UTILIZES AN INDEPENDENT COMPENSATION COMMITTEE TO DETERMINE THE CEO'S SALARY BASED ON COMPARABILITY DATA. THE COMMITTEE CONTEMPORANEOUSLY SUBSTANTIATES ITS DELIBERATION AND DECISION. |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 1 | AS INDICATED IN SCHEDULE J, PART II, THE FOUNDATION PAID THE SR. DIRECTOR OF EDUCATION A BONUS BASED ON PERFORMANCE. THIS BONUS WAS APPROVED BY THE CEO. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 3 |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I, LINE 7 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE SOLE MEMBER OF THE CORPORATION SHALL BE IPC INTERNATIONAL, INC. OR ANY SUCCESSOR CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SOLE MEMBER SHALL HAVE THE RIGHT TO VOTE ON THOSE MATTERS GRANTED TO MEMBERS BY THE ILLINOIS NOT FOR PROFIT CORPORATION ACT, AS WELL AS ANY MATTERS SPECIFIED IN THE BYLAWS, SPECIFICALLY INCLUDING THE FOLLOWING: A. THE ELECTION AND REMOVAL OF ALL DIRECTORS ON THE BOARD OF DIRECTORS; B. THE ELECTION AND REMOVAL OF ALL OFFICERS OF THE CORPORATION; C. THE ADOPTION, AMENDMENT AND/OR REPEAL OF ANY PROVISION OF THE ARTICLES OF INCORPORATION AND THESE BYLAWS; D. AT ITS OPTION, THE ADOPTION OR RATIFICATION OF THE CORPORATIONS'S CAPITAL BUDGET, OPERATING BUGGET, MISSION STATEMENT, AND STRATEGIC PLAN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SEE LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | IPC IS RESPONSIBLE FOR CATALOGING ALL CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST QUESTIONAIRE AND POLICY IS DISTRIBUTED ANNUALLY. DIRECTORS ARE REQUESTED TO REPORT ANY CONFLICTS ON AN ANNUAL BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY RELATED ORGANIZATION, IPC INTERNATIONAL, INC. (IPC). IPC UTILIZES AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD TO DETERMINE THE CEO'S SALARY USING COMPARABILITY DATA COMPRISED BY AN INDEPENDENT THIRD PARTY, WHO IS CONTRACTED ANNUALLY TO CONDUCT AN EXECUTIVE COMPENSATION STUDY FOR THIS PURPOSE. THE COMPENSATION COMMITTEE SUBSTANTIATES ITS DELIBERATION AND DECISION. THE SAME PROCESS IS FOLLOWED FOR OTHER OFFICERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | COMPENSATION REPORTED FOR THE SR. DIRECTOR OF EDUCATION PROGRAMS, CHARLENE GUNTER, HAS BEEN PAID BY A RELATED ORGANIZATION AND COMMON PAYMASTER, IPC INTERNATIONAL, INC. EIN# 23-7091810. SINCE ALL SERVICES PERFORMED BY THIS INDIVIDUAL WERE FOR IPC EDUCATION FOUNDATION, THE COMPENSATION HAS BEEN REPORTED IN COLUMN D AS IF PAID BY THE ORGANIZATION. IPC INTERNATIONAL, INC. HAS COMPLIED WITH PAYROLL FILING REQUIREMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VII, SECTION A: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | IPC INTERNATIONAL INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 237091810 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(6) |
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