Civic Intelligence

Steve and Vicki Lee Family Foundation

EIN 87-4092209 • 501(c)3 • Elk Grove Village, IL

Profile

The steve and vicki lee family foundation was established to provide grantmaking support to organizations that qualify as tax-exempt organizations under section 501(c)(3) of the internal revenue code that support the charitable, religious, literary, scientific, and education purposes that align with the charitable intentions of the board of directors and officers of the foundation.

2950 Old Higgins RoadElk Grove Village, IL 60007

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-432%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

56th percentile

0.3%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

14%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$378,603

Up $1,205 (+0.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$378,603

Up $1,205 (+0.3%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin4th percentile

Revenue

Up

$12,448

Up $1,574 (+14%) from 2023

Expenses

Down

$66,230

Down $353,587 (-84%) from 2023

Net Income

Up

-$53,782

Up $355,161 (+87%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2021: $750,000Liabilities 2021: $0Net Assets 2021: $750,0002021Assets 2022: $781,057Liabilities 2022: $3,202Net Assets 2022: $777,8552022Assets 2023: $377,398Liabilities 2023: $0Net Assets 2023: $377,3982023Assets 2024: $378,603Liabilities 2024: $0Net Assets 2024: $378,6032024

Highlighted filing

2024

Assets$378,603
Liabilities$0
Net Assets$378,603
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2021: $750,000Expenses 2021: $0Net Income 2021: $750,0002021Revenue 2022: $152,429Expenses 2022: $124,574Net Income 2022: $27,8552022Revenue 2023: $10,874Expenses 2023: $419,817Net Income 2023: -$408,9432023Revenue 2024: $12,448Expenses 2024: $66,230Net Income 2024: -$53,7822024

Highlighted filing

2024

Revenue$12,448
Expenses$66,230
Net Income-$53,782
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$378,603
Liabilities
$0
Net assets
$378,603
Revenue
$12,448
Expenses
$66,230
Net income
-$53,782
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.12$0.66$0.54
2023Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$0.11$4.20$4.09
2022Detailed filing. Detailed filing data is available for this year.$7.81$0.03$7.78$1.52$1.25$0.28
2021Detailed filing. Detailed filing data is available for this year.$7.50$0.00$7.50$7.50$0.00$7.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$12,448
Mission and Program Overview

Mission

The steve and vicki lee family foundation was established to provide grantmaking support to organizations that qualify as tax-exempt organizations under section 501(c)(3) of the internal revenue code that support the charitable, religious, literary, scientific, and education purposes that align with the charitable intentions of the board of directors and officers of the foundation.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION MAKES GRANTS TO VARIOUS OTHER IRC SECTION 501(C)(3) NON-PROFIT ORGANIZATIONS. IN 2023, GRANTS WERE MADE TO PURDUE UNIVERSITY, ANOTHER IRC SECTION 501 (C)(3) NON-PROFIT FOUNDATION, SCHOLARSHIP FUNDS AND RELIGIOUS ORGANIZATIONS.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE LEEDirector/PresidentPT$0--
VICTORIA GALANTE-LEEDirector/Secretary/TreasurPT$0--
MIA LEEDirectorPT$0--
REGINA LEEDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Steve and Vicki Lee Family Foundation
EIN
87-4092209
Phone
8473125898
Address
2950 OLD HIGGINS ROAD, ELK GROVE VILLAGE, IL 60007

Signing Officer

Name
Steve Lee
Title
President
Phone
8476998988
Signed
2025-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Cole Martin & Co LLC
Address
1400 E LAKE COOK ROAD STE 180, BUFFALO GROVE, IL 60089
Preparer
William Martin
Phone
8478505270
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: investment income-dividends. Amount: 8,532. Description: investment income-interest. Amount: 1,421. Description: investment income-other. Amount: 2,495. Total included on form 990-ez, line 4: 12,448.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: contributions/grants to others. Grantee name: various. Amount given: 60,813. Total included on form 990-ez, line 10: 60,813.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: custodian and managment fees. Amount: 3,897.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: unrealized gain on investments carried at market value. Amount: 54,987.”

Raw XML Appendix158 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0VICKI LEE
IRS990EZ/BooksInCareOfDetail/PhoneNum08476998988
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0543 N ALDINE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PARK RIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060068
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0377398
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0378603
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt0-53782
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0378603
IRS990EZ/GrantsAndSimilarAmountsPaidAmt060813
IRS990EZ/GrossReceiptsAmt012448
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0377398
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0378603
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0377398
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0378603
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVE LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VICTORIA GALANTE-LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MIA LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3REGINA LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR/PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR/SECRETARY/TREASUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt054987
IRS990EZ/OtherExpensesTotalAmt03897
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE STEVE AND VICKI LEE FAMILY FOUNDATION WAS ESTABLISHED TO PROVIDE GRANTMAKING SUPPORT TO ORGANIZATIONS THAT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT SUPPORT THE CHARITABLE, RELIGIOUS, LITERARY, SCIENTIFIC, AND EDUCATION PURPOSES THAT ALIGN WITH THE CHARITABLE INTENTIONS OF THE BOARD OF DIRECTORS AND OFFICERS OF THE FOUNDATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION MAKES GRANTS TO VARIOUS OTHER IRC SECTION 501(C)(3) NON-PROFIT ORGANIZATIONS. IN 2023, GRANTS WERE MADE TO PURDUE UNIVERSITY, ANOTHER IRC SECTION 501 (C)(3) NON-PROFIT FOUNDATION, SCHOLARSHIP FUNDS AND RELIGIOUS ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt066230
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt012448
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt050000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0149000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0235000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0434000
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0152000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0750000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0952000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010091
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021202
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt031293
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010091
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt031293
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0518000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0149000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0235000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0434000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0750000
IRS990ScheduleA/Total509Grp/TotalAmt0952000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt060091
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt021202
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0750000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0983293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INVESTMENT INCOME-DIVIDENDS. AMOUNT: 8,532. DESCRIPTION: INVESTMENT INCOME-INTEREST. AMOUNT: 1,421. DESCRIPTION: INVESTMENT INCOME-OTHER. AMOUNT: 2,495. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 12,448.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CONTRIBUTIONS/GRANTS TO OTHERS. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 60,813. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 60,813.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CUSTODIAN AND MANAGMENT FEES. AMOUNT: 3,897.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: UNREALIZED GAIN ON INVESTMENTS CARRIED AT MARKET VALUE. AMOUNT: 54,987.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08476998988
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STEVE AND VICKI LEE FAMILY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0STEV
ReturnHeader/Filer/EIN0874092209
ReturnHeader/Filer/PhoneNum08473125898
ReturnHeader/Filer/USAddress/AddressLine1Txt02950 OLD HIGGINS ROAD
ReturnHeader/Filer/USAddress/CityNm0ELK GROVE VILLAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060007
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0934259694
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COLE MARTIN & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01400 E LAKE COOK ROAD STE 180
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BUFFALO GROVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060089
ReturnHeader/PreparerPersonGrp/PhoneNum08478505270
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM MARTIN
ReturnHeader/ReturnTs02025-11-11T17:33:04-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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