ELMHURST DISTRICT 205 FOUNDATION FOR EDUCATIONAL EXCELLENCE

EIN: 363626419 501(c)(3)

Elmhurst, IL

Total Revenue
$384,731
Total Expenses
$847,776
Total Assets
$554,551
Net Assets
$554,551
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
IL
Principal Officer
Kate Knicker
Phone
6306172328
Tax Period
2023-07-01 to 2024-06-30

ELMHURST DISTRICT 205 FOUNDATION FOR EDUCATIONAL EXCELLENCE, founded in 1989, is a small nonprofit that reported $385K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $848K exceeded revenue, resulting in a 120% operating deficit.

Mission

To serve as a vehicle for soliciting, receiving and allocating grant and bequests of money, property or services to enhance and enrich programs, activities and facilities of Elmhurst Community Unit School District #205.

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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 (2023)

Revenue Breakdown

Contributions & Grants $186,122
Program Service Revenue $0
Investment Income $6,853
Other Revenue $191,756
TOTAL REVENUE $384,731

Expense Breakdown

Grants Paid $691,036
Salaries & Benefits $60,319
Fundraising Expenses $70,981
Program Expenses $691,036
Other Expenses $96,421
TOTAL EXPENSES $847,776

Year-over-Year Comparison

2023 2022 Change
Revenue $384,731 $435,879 -0.1%
Expenses $847,776 $169,313 +4.0%
Net Income $-463,045 $266,566 -2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
120

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
1
$29,952
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kate Knicker Executive Director 20
Officer
$0 $3,827 $29,952
Heather Stotts Chair 1
Director
$0 $0 $0
Marc Marini Vice Chair 1
Director
$0 $0 $0
John Lascody Treasurer 1
Director
$0 $0 $0
Melissa Ptasienski Secretary 1
Director
$0 $0 $0
Mark Anglewicz Director 1
Director
$0 $0 $0
Michael Haarlow Director 1
Director
$0 $0 $0
Chris Hohenstein Director 1
Director
$0 $0 $0
Tom Makinney Jr Director 1
Director
$0 $0 $0
Angie Martino Director 1
Director
$0 $0 $0
Heidi Maier Director 1
Director
$0 $0 $0
Kanako Shuaipaj Director 1
Director
$0 $0 $0
Mark Soehn Director 1
Director
$0 $0 $0
Kelly Stetler Director 1
Director
$0 $0 $0
Valerie Baxter Director 1
Director
$0 $0 $0
Jenn Kovacs Director 1
Director
$0 $0 $0
Megan Farley Director 1
Director
$0 $0 $0
Pragna Shukla-Dave Director 1
Director
$0 $0 $0
Lyle Weseloh Director 1
Director
$0 $0 $0
Sarah Bello Director 1
Director
$0 $0 $0
Alex Dorko Director 1
Director
$0 $0 $0
Briana Hansen 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 $384,731 $847,776 $554,551 $-463,045
2023 $435,879 $169,313 $1,016,656 $266,566
2022 $474,318 $254,914 $755,502 $219,404
2021 $312,520 $331,960 $554,351 $-19,440
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