SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION

EIN: 363591335 501(c)(3)

SCHAUMBURG, IL

Total Revenue
$163,553
Total Expenses
$114,223
Total Assets
$200,218
Net Assets
$200,218
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile
IL
Principal Officer
ANDY MURRAY
Phone
8473575039
Tax Period
2024-01-01 to 2024-12-31

SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION is a small nonprofit that reported $164K in total revenue in fiscal year 2024. The organization ran a surplus of $49K, a strong 30% operating margin.

Mission

THE DISTRICT 54 EDUCATION FOUNDATION IS AN ALL-VOLUNTEER (501)(C)(3) CHARITABLE ORGANIZATION DEDICATED TO PROVIDING RESOURCES AND SUPPORT TO DISTRICT 54 FAMILIES TO ENSURE THE ACADEMIC AND SOCIAL-EMOTIONAL SUCCESS OF THEIR CHILDREN. WE CANNOT EXPECT STUDENTS TO HAVE A WILLINGNESS TO LEARN IF THEIR BASIC NEEDS ARE NOT BEING MET. IN DISTRICT 54, 22% OF STUDENTS QUALIFY FOR THE FEDERAL FREE LUNCH PROGRAM, MEANING ALMOST 3,500 FAMILIES HAVE AN ANNUAL INCOME OF LESS THAN 40,560 FOR A FAMILY OF FOUR. SINCE ITS FOUNDING IN 1987 THE FOUNDATION HAS DONATED NEARLY 1 MILLION TO FUND VARIOUS INITIATIVES TO SUPPORT THESE CHILDREN IN OUR 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 $141,078
Program Service Revenue $0
Investment Income $4,805
Other Revenue $17,670
TOTAL REVENUE $163,553

Expense Breakdown

Grants Paid $111,912
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $111,912
Other Expenses $2,311
TOTAL EXPENSES $114,223

Year-over-Year Comparison

2024 2023 Change
Revenue $163,553 N/A N/A
Expenses $114,223 N/A N/A
Net Income $49,330 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
230

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
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDY ABRAHAM TRUSTEE 0.50
Director
$0 $0 $0
RYAN ANDREWS TRUSTEE 0.50
Director
$0 $0 $0
KATIE BERGANSKE TRUSTEE 0.50
Director
$0 $0 $0
SUSAN BUDAK TRUSTEE 0.50
Director
$0 $0 $0
MARIBEL CLAUDIO TRUSTEE 0.50
Director
$0 $0 $0
ROD CRAIG TRUSTEE 0.50
Director
$0 $0 $0
ANDY DUROSS TRUSTEE 0.50
Director
$0 $0 $0
SCOTT FELGENHAUER TRUSTEE 0.50
Director
$0 $0 $0
KATY GARCIA TRUSTEE 0.50
Director
$0 $0 $0
BILL GLADSTONE TRUSTEE 0.50
Director
$0 $0 $0
STEVE ISACKSON TRUSTEE 0.50
Director
$0 $0 $0
KATHY JESUIT TRUSTEE 0.50
Director
$0 $0 $0
BOB KAPLAN TRUSTEE 0.50
Director
$0 $0 $0
ROBERT KAPLAN TRUSTEE 0.50
Director
$0 $0 $0
THOMAS MANZARDO TRUSTEE 0.50
Director
$0 $0 $0
TERRI MCHUGH TRUSTEE 0.50
Director
$0 $0 $0
STEVE MILLER TRUSTEE 0.50
Director
$0 $0 $0
LORI MOBLEY TRUSTEE 0.50
Director
$0 $0 $0
VICTOR MORALES TRUSTEE 0.50
Director
$0 $0 $0
NICK MYERS TRUSTEE 0.50
Director
$0 $0 $0
MIKE PAKASKI TRUSTEE 0.50
Director
$0 $0 $0
JIM PYE TRUSTEE 0.50
Director
$0 $0 $0
PETER QUINN TRUSTEE 0.50
Director
$0 $0 $0
SCOTT ROSS TRUSTEE 0.50
Director
$0 $0 $0
JILLIAN SAGAN TRUSTEE 0.50
Director
$0 $0 $0
BOB SCHMIDT TRUSTEE 0.50
Director
$0 $0 $0
QUINN WULBEDKER TRUSTEE 0.50
Director
$0 $0 $0
MICHAEL CAPESIUS VICE CHAIRMA 2.00
Officer
$0 $0 $0
DAN FLORES TREASURER 2.00
Officer
$0 $0 $0
ANDY MURRAY CHAIRMAN 2.00
Officer
$0 $0 $0
RAJARAM SRILEKHA SECRETARY 2.00
Officer
$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
2024 $163,553 $114,223 $200,218 $49,330
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