DISTRICT 214 EDUCATION FOUNDATION

EIN: 363425698 501(c)(3)

ARLINGTON HTS, IL

Total Revenue
$462,392
Total Expenses
$1,143,806
Total Assets
$2,854,246
Net Assets
$2,852,524
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
IL
Phone
8477187708
Tax Period
2024-07-01 to 2025-06-30

DISTRICT 214 EDUCATION FOUNDATION, founded in 1988, is a small nonprofit that reported $462K in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 147% operating deficit.

Mission

THE DISTRICT 214 EDUCATION FOUNDATION SUPPORTS STUDENTS AND FAMILIES THROUGH SCHOOL AND THROUGHOUT LIFE BY STRENGTHENING EDUCATION, FOSTERING WELL-BEING, AND EXPANDING OPPORTUNITIES. WE BELIEVE STRONG SCHOOLS BUILD STRONG COMMUNITIES, BUT ALSO BELIEVE IN THE POWER OF COMMUNITY RELATIONSHIPS AND PARTNERSHIPS TO ENSURE THAT LEARNERS WITHIN OUR SCHOOLS ARE PREPARED FOR COLLEGE, CAREER, AND LIFE SUCCESS. THE FOUNDATION WORKS TO SECURE AND PAIR FUNDING AND RESOURCES WITH NEEDS, CONTINUALLY EVALUATING THE NEEDS WITHIN DISTRICT 214 SCHOOLS AND THE EVOLVING PRIORITIES WITHIN EDUCATION. COLLECTIVELY, FOUNDATION TRUSTEES SERVE AS AMBASSADORS OF OUR MISSION, AND THE BOARD AND FOUNDATION STAFF WORK WITH SCHOOLS TO BOLSTER RELATIONSHIPS AND CREATE INNOVATIVE FUNDING OPPORTUNITIES AND SHAPE NEW PROGRAMS THAT ENSURE COLLEGE, CAREER AND LIFE READINESS. AN INVESTMENT IN THE FOUNDATION IS AN INVESTMENT IN THE FUTURE OF OUR ENTIRE COMMUNITY.

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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 $337,027
Program Service Revenue $0
Investment Income $125,365
Other Revenue $0
TOTAL REVENUE $462,392

Expense Breakdown

Grants Paid $942,137
Salaries & Benefits $122,364
Fundraising Expenses $13,782
Program Expenses $942,137
Other Expenses $79,305
TOTAL EXPENSES $1,143,806

Year-over-Year Comparison

2024 2023 Change
Revenue $462,392 $1,864,521 -0.8%
Expenses $1,143,806 $949,773 +0.2%
Net Income $-681,414 $914,748 -1.7%
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
12
Independent Members
12
Employees
2
Volunteers
58

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brooke Snell Associate Director 0.00
$68,365 $0 $68,365
Joann Krestel Alumni and Community Relations Coor 0.00
$45,035 $0 $45,035
Tom Munz Chair 1.00
Officer Director
$0 $0 $0
Stu Paddock III Secretary 1.00
Officer Director
$0 $0 $0
John Eilering Treasurer 1.00
Officer Director
$0 $0 $0
Todd Younger Vice-Chair 1.00
Officer Director
$0 $0 $0
Carl Anfenson Trustee 1.00
Director
$0 $0 $0
Mimi Cooper Trustee 1.00
Director
$0 $0 $0
Garland Brent Kizer Trustee 1.00
Director
$0 $0 $0
Matt McDonnell Trustee 1.00
Director
$0 $0 $0
John O'Connor III Trustee 1.00
Director
$0 $0 $0
Rich Olejniczak Director 1.00
Director
$0 $0 $0
Shannon Silverman Director 1.00
Director
$0 $0 $0
Carolina Velazquez Director 1.00
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 $462,392 $1,143,806 $2,854,246 $-681,414
2025 $462,392 $1,143,806 $2,854,246 $-681,414
2024 $1,864,521 $949,773 $3,513,765 $914,748
2023 $943,105 $862,879 $2,547,288 $80,226
2023 $943,105 $862,879 $2,547,288 $80,226
2022 $1,216,687 $1,110,038 $2,450,495 $106,649
2021 $1,238,882 $757,591 $2,470,163 $481,291
2020 $916,284 $1,338,035 $1,908,938 $-421,751
2020 $925,345 $1,336,134 $1,910,614 $-410,789
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