Totals
- Total revenue
- $889,583
- Total expenses
- $963,260
- Contributions and grants received
- $785,826
- Grants paid
- $708,181
- Program service revenue
- $0
- Investment income
- -$24,312
- Other revenue
- $128,069
- Total assets, end of year
- $1,495,857
- Total liabilities, end of year
- $35,867
- Net assets or fund balances, end of year
- $1,459,990
- Program services expenses (Part IX)
- $855,850
- Management and general expenses
- $107,410
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $855,850
Program services were 88.8% 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.
-
1e · Government grants (contributions)
$29,500
-
1f · All other contributions, gifts and grants
$756,326
-
3 · Investment income
total -$24,312 · related or exempt -$24,312
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$215,758
-
8b · Fundraising events: direct expenses
$87,689
-
8c · Net income from fundraising events
total $128,069
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $708,181 · program services $708,181
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $82,857 · program services $41,428 · management and general $41,429
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $95,434 · program services $57,813 · management and general $37,621
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $16,562 · program services $9,219 · management and general $7,343
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $6,000 · management and general $6,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $6,325 · program services $5,187 · management and general $1,138
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $20,939 · program services $14,657 · management and general $6,282
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,192 · program services $978 · management and general $214
-
24a · Other expenses: Computers and office expense
total $11,332 · program services $5,929 · management and general $5,403
-
24b · Other expenses: Bank charges
total $6,012 · program services $5,411 · management and general $601
-
24c · Other expenses: Postage and Shipping
total $4,093 · program services $3,357 · management and general $736
-
24d · Other expenses: Copier expense
total $2,680 · program services $2,198 · management and general $482
-
24e · All other expenses
total $1,653 · program services $1,492 · management and general $161
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $274,791 · end of year $170,087
-
2 · Savings and temporary cash investments
beginning of year $389,018 · end of year $496,304
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$6,495
-
10b · Land, buildings and equipment: accumulated depreciation
$6,495
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $700,022 · end of year $779,441
-
12 · Investments: other securities
beginning of year $44,665 · end of year $48,468
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,468 · end of year $1,557
-
17 · Accounts payable and accrued expenses
beginning of year $29,320 · end of year $35,867
-
27 · Net assets without donor restrictions
beginning of year $1,380,644 · end of year $1,459,990
Mission and programs · 2023
Mission
To provide immediate assistance during times of crisis to low-income youths age 21 and under who reside in Lake County, IL. The goal is to make a lasting difference in a young person's life by investing in the development of their social and human capital through access to a multitude of opportunities, experiences and forms of support that contribute to healthful behaviors and economic mobility.
-
The Foundation provided assistance to children and their families in need throughout Lake County, Illinois. The Foundation operates by assisting children and their families in trouble or crisis, raising awareness of childrens needs, linking childrens needs with community resources and providing opportunities for volunteers to be involved. The Foundation works with agencies in Lake County, IL to make sure every available resource is utilized to maximize benefits to those children and their families in need.
Expenses $855,850
As filed on the 2023 return.
Listed in Part VII
-
Paula Turelli
Executive Dir.
- Total calculated
- $82,857
- From this org
- $82,857
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Matt Tabar
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lori Dann
President
- Total calculated
- $0
- Hours/week
- 1
-
Larry Neal
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dick Day
Director
- Total calculated
- $0
- Hours/week
- 1
-
Victoria Rossetti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Karner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tanya Branch
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Louis Gantz
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
William Gimbel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Heidi Prom
Director
- Total calculated
- $0
- Hours/week
- 1
-
Christine Goshgarian
Director
- Total calculated
- $0
- Hours/week
- 1
-
Barbara Provost
Director
- Total calculated
- $0
- Hours/week
- 1
-
Danielle Carter
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Jocelyn Pysarchuk
Vice President
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202440859349301674
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