Naperville Education Foundation

EIN: 363844402 501(c)(3) Education

Naperville, IL

Total Revenue
$893,305
Total Expenses
$898,644
Total Assets
$3,275,746
Net Assets
$3,133,906
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IL
Principal Officer
Stephanie Hebron
Phone
6304203086
Tax Period
2024-07-01 to 2025-06-30

Naperville Education Foundation, founded in 1992, is a small nonprofit in the Education sector that reported $893K in total revenue in fiscal year 2024. Net assets of $3.1M represent 42 months of operating reserves.

Mission

The Naperville Education Foundation seeks financial and other resources through fund raising and community partnerships to support program goals. It serves as a vehicle through which donors can fund projects, grants and scholarships in Naperville 203.

Program Service Accomplishments

Program 1
Expenses: $491,957

Each year through various grant awards programs, NEF gives competitive grants to Naperville School District 203 schools that develop innovative projects which stimulate students' engagement and...

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Each year through various grant awards programs, NEF gives competitive grants to Naperville School District 203 schools that develop innovative projects which stimulate students' engagement and learning experience. Each of the Naperville 203 schools receives a School Appreciation grant to be used at the principal's discretion to positively impact students. Scholarships are awarded to qualified students in the Naperville School 203. Additionally, NEF serves as a vehicle through which donors can fund projects and grants for Naperville 203 Schools. Funds are also granted to remove barriers to learning for economically disadvantaged students'. These grants meet the unique needs of students.

Program 2
Expenses: $135,977

Scholarships awarded to qualified students in the Naperville School District 203 for educational related expenses associated with a college degree granting program.

Program 3
Expenses: $147,628

NEF provides funding to 21 schools for their Before and After school programs. These programs extend learning beyond the school bell while giving each school the flexibility to tailor a program to a...

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NEF provides funding to 21 schools for their Before and After school programs. These programs extend learning beyond the school bell while giving each school the flexibility to tailor a program to a school community's specific needs. Homework or math clubs, supervised study time, or FIRST LEGO League team experiences are just a few examples of Before and After School Programs that enrich student learning. Additionally, NEF provides financial support for educational entrepreneurship at both high schools through Business Incubator.

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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 $833,117
Program Service Revenue $0
Investment Income $86,006
Other Revenue $-25,818
TOTAL REVENUE $893,305

Expense Breakdown

Grants Paid $646,455
Salaries & Benefits $127,507
Fundraising Expenses $50,481
Program Expenses $775,562
Other Expenses $124,682
TOTAL EXPENSES $898,644

Year-over-Year Comparison

2024 2023 Change
Revenue $893,305 $910,544 0.0%
Expenses $898,644 $910,501 0.0%
Net Income $-5,339 $43 -125.2%
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
21
Independent Members
21
Employees
4
Volunteers
50

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
6
$81,882
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jenny Tank Co Chair 4.00
Officer Director
$0 $0 $0
Julie Beehler Co Chair 4.00
Officer Director
$0 $0 $0
Stephanie Hebron Treasurer 2.00
Officer Director
$0 $0 $0
Kelly Llewellyn Secretary 2.00
Officer Director
$0 $0 $0
John Bramlette Trustee 1.00
Officer Director
$0 $0 $0
Dan Bridges Trustee 1.00
Director
$0 $0 $0
Nick Buckingham Trustee 1.00
Director
$0 $0 $0
Travis George Trustee 1.00
Director
$0 $0 $0
Amanda Kunzer Trustee 1.00
Director
$0 $0 $0
Greg Hawkes Trustee 1.00
Director
$0 $0 $0
Diana Torres Hawken Trustee 1.00
Director
$0 $0 $0
Jessica McHugh Trustee 1.00
Director
$0 $0 $0
Byanka McShane Trustee 1.00
Director
$0 $0 $0
Donna Wandke Trustee 1.00
Director
$0 $0 $0
Scott Frauenheim Trustee 1.00
Director
$0 $0 $0
Victoria Freier Trustee 1.00
Director
$0 $0 $0
Meena Banasiak Trustee 1.00
Director
$0 $0 $0
Audrey Lane Trustee 2.00
Director
$0 $0 $0
Kristin Porter Trustee 1.00
Director
$0 $0 $0
Jackie Pajor Trustee 1.00
Director
$0 $0 $0
Bob Rechenmacher Trustee 1.00
Director
$0 $0 $0
Wendy Goettsch Executive Director 40.00
Officer
$81,882 $0 $81,882
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 $893,305 $898,644 $3,275,746 $-5,339
2024 $910,544 $910,501 $3,092,679 $43
2023 $947,528 $1,016,302 $2,793,116 $-68,774
2022 $760,025 $773,501 $2,565,258 $-13,476
2021 $547,973 $596,762 $2,944,553 $-48,789
2020 $833,049 $754,060 $2,623,821 $78,989
2019 $576,203 $553,044 $2,478,782 $23,159
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