Form 990 for tax year 2024
Filed by ST TERESA EDUCATIONAL FOUNDATION.
Totals
- Total revenue
- $1,059,272
- Total expenses
- $926,120
- Contributions and grants received
- $286,097
- Grants paid
- $839,479
- Program service revenue
- $0
- Investment income
- $771,614
- Other revenue
- $1,561
- Total assets, end of year
- $9,521,584
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $9,521,584
- Program services expenses (Part IX)
- $892,969
- Management and general expenses
- $33,151
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $892,969
Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$286,097
-
3 · Investment income
total $193,243 · excluded $193,243
-
7a · Gross sales of assets other than inventory
securities $735,182 · other assets $207,526
-
7b · Less cost or other basis and sales expenses
securities $364,337
-
7c · Gain or loss
securities $370,845 · other assets $207,526
-
7d · Net gain or loss
total $578,371 · related or exempt $370,845 · excluded $207,526
-
11a · Other revenue: INCREASE IN CSV LIFE INSURANC
total $1,561 · related or exempt $1,561
-
11e · Other revenue, total
$1,561
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $839,479 · program services $839,479
-
11c · Fees: accounting
total $8,000 · management and general $8,000
-
11f · Fees: investment management
total $25,151 · management and general $25,151
-
24a · Other expenses: GENERAL ADMINISTRATION
total $53,490 · program services $53,490
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $200 · end of year $200
-
2 · Savings and temporary cash investments
beginning of year $223,153 · end of year $465,955
-
7 · Other notes and loans receivable
beginning of year $175,000 · end of year $150,000
-
11 · Investments: publicly traded securities
beginning of year $529,547 · end of year $588,406
-
12 · Investments: other securities
beginning of year $8,232,105 · end of year $8,285,809
-
15 · Other assets
beginning of year $29,653 · end of year $31,214
-
27 · Net assets without donor restrictions
beginning of year $7,617,173 · end of year $7,917,684
-
28 · Net assets with donor restrictions
beginning of year $1,572,485 · end of year $1,603,900
Mission and programs · 2024
Mission
TO MAKE AVAILABLE INCOME FOR RELIGIOUS, CHARITABLE AND EDUCATIONAL PURPOSES AS DIRECTED BY THE BOARD OF DIRECTORS OF THIS CORPORATION.
-
TO PROVIDE FINANCIAL SUPPORT TO ALL FACETS OF EDUCATION WITHIN THE JURISDICTION OF THE SCHOOL BOARD OF ST. TERESA HIGH SCHOOL OF DECATUR, IL
Expenses $892,969 · Grants $839,479
As filed on the 2024 return.
Listed in Part VII
-
BRANDON BARNEY
VP OF DEVELO
- Total calculated
- $0
- Hours/week
- 1
-
MATT BECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN BREHENY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DARBE BRINKOETTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
LOWELL BROSAMER
EX-OFICIO
- Total calculated
- $0
- Hours/week
- 1
-
KENNETH HENDRIKSEN
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 1
-
JAMES JANKOWICZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL KERNAGHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAN MARTINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JACK MCCOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBYN MCCOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LESLIE MCELROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAN MCGUIRE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
TAPPI MCLEOD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
DAVID PECK
VICE-PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
FATHER BRUCE SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$839,479
SCHOL. & OPER EXP.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 18 December 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533569349300018
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