URSULINE ACADEMY FOUNDATION

EIN: 260219130 501(c)(3) Education

Springfield, IL

Total Revenue
$41,455
Total Expenses
$16,700
Total Assets
$753,280
Net Assets
$753,280
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IL
Principal Officer
Beth Mayfield
Phone
2176229298
Tax Period
2024-01-01 to 2024-12-31

URSULINE ACADEMY FOUNDATION, founded in 2007, is a micro nonprofit in the Education sector that reported $41K in total revenue in fiscal year 2024. The organization ran a surplus of $25K, a strong 60% operating margin.

Mission

The Ursuline Academy Alumni Foundation in Springfield, Illinois was founded in 2007 to celebrate and honor the Academy's 150 year history of education and service. In remembrance of the Academy as an educational institution, the Ursuline Academy Alumni Foundation seeks to continue the work of the Ursuline Sisters, foundresses of Ursuline Academy, and is dedicated to preserving the historical heritage of Ursuline Academy; honoring the Academy's core tenant of Serviam ("I will serve") by promoting community service and outreach; building the bonds of friendship among the Academy's alumni family; and furthering the advancement of Catholic education in the city of Springfield.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $550
Program Service Revenue $0
Investment Income $40,905
Other Revenue $0
TOTAL REVENUE $41,455

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,000
Other Expenses $6,700
TOTAL EXPENSES $16,700

Year-over-Year Comparison

2024 2023 Change
Revenue $41,455 $42,580 0.0%
Expenses $16,700 $266,546 -0.9%
Net Income $24,755 $-223,966 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Beth Mayfield President 1
Officer Director
$0 $0 $0
Andy Jones Treasurer 1
Officer Director
$0 $0 $0
Joan Bestudik Director 1
Director
$0 $0 $0
Barb Burris Director 1
Director
$0 $0 $0
Julia Chrisman Director 1
Director
$0 $0 $0
Bianca Hernandez-Renfro Director 1
Director
$0 $0 $0
Lisa Sabo Director 1
Director
$0 $0 $0
Angela Neale Secretary 1
Officer Director
$0 $0 $0
Ben Wilton Director 1
Director
$0 $0 $0
Carol Kulek Director 1
Director
$0 $0 $0
Lois Jirgal Director 1
Director
$0 $0 $0
Zac Cockayne Director 1
Director
$0 $0 $0
Max Corlas Director 1
Director
$0 $0 $0
Angie Meneghetti Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $41,455 $16,700 $753,280 $24,755
2023 $42,580 $266,546 $705,513 $-223,966
2022 $32,011 $64,568 $900,908 $-32,557
2021 $13,524 $33,423 $1,018,342 $-19,899
2020 $1,006,243 $6,120 $1,012,902 $1,000,123
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