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Nonprofiteer
← LINCOLN ACADEMY OF ILLINOIS

Form 990 for tax year 2023

Filed by LINCOLN ACADEMY OF ILLINOIS.

Totals

Total revenue
$379,176
Total expenses
$392,043
Contributions and grants received
$331,311
Grants paid
$53,000
Program service revenue
$24,250
Investment income
$23,615
Other revenue
$0
Total assets, end of year
$1,476,860
Total liabilities, end of year
$3,230
Net assets or fund balances, end of year
$1,473,630
Program services expenses (Part IX)
$246,077
Management and general expenses
$145,966
Fundraising expenses
$0
Program service expenses (Part III)
$246,077

Program services were 62.8% 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.

  • 1f · All other contributions, gifts and grants

    $331,311

  • 2a · Program service revenue: CONVOCATION EVENT

    total $21,000 · related or exempt $21,000

  • 2b · Program service revenue: STUDENT LAUREATE

    total $3,250 · related or exempt $3,250

  • 3 · Investment income

    total $23,615 · excluded $23,615

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $53,000 · program services $53,000

  • 5 · Compensation of officers, directors and key employees

    total $65,000 · management and general $65,000

  • 7 · Other salaries and wages

    total $7,310 · management and general $7,310

  • 10 · Payroll taxes

    total $6,335 · management and general $6,335

  • 11a · Fees: management

    total $10,196 · program services $10,196

  • 11c · Fees: accounting

    total $14,565 · management and general $14,565

  • 12 · Advertising and promotion

    total $76,258 · program services $76,258

  • 13 · Office expenses

    total $614 · program services $120 · management and general $494

  • 14 · Information technology

    total $31,060 · management and general $31,060

  • 17 · Travel

    total $8,486 · program services $5,333 · management and general $3,153

  • 19 · Conferences, conventions and meetings

    total $10,183 · program services $6,249 · management and general $3,934

  • 23 · Insurance

    total $4,165 · management and general $4,165

  • 24a · Other expenses: FOOD AND BEVERAGE

    total $41,322 · program services $39,586 · management and general $1,736

  • 24b · Other expenses: DECORATIONS AND RENTAL

    total $27,742 · program services $27,742

  • 24c · Other expenses: PRINTING AND ARTWORK

    total $11,227 · program services $10,107 · management and general $1,120

  • 24d · Other expenses: MUSIC AND ENTERTAINMENT

    total $7,553 · program services $7,553

  • 24e · All other expenses

    total $17,027 · program services $9,933 · management and general $7,094

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $389,397 · end of year $349,677

  • 12 · Investments: other securities

    beginning of year $1,003,130 · end of year $1,123,289

  • 15 · Other assets

    beginning of year $5,666 · end of year $3,894

  • 17 · Accounts payable and accrued expenses

    beginning of year $844 · end of year $3,230

  • 27 · Net assets without donor restrictions

    beginning of year $1,397,349 · end of year $1,473,630

Mission and programs · 2023

Mission

TO HONOR INDIVIDUALS WHOSE CONTRIBUTIONS TO THE BETTERMENT OF MANKIND HAVE BEEN ACCOMPLISHED IN OR ON BEHALF OF THE STATE OF ILLINOIS, OR WHOSE ACHIEVEMENTS HAVE BROUGHT HONOR TO THE STATE BECAUSE OF THEIR IDENTITY WITH IT, WHETHER BY BIRTH OR RESIDENCE, OR BY THEIR DEDICATION TO THOSE PRINCIPLES OF DEMOCRACY AND HUMANITY AS EXEMPLIFIED BY ABRAHAM LINCOLN.

  • CONVOCATION AND INVESTITURE OF LAUREATES OF THE LINCOLN ACADEMY OF ILLINOIS.

    Expenses $174,658 · Revenue $21,000

  • TO HONOR SENIOR STUDENTS AT EACH OF THE FOUR-YEAR, DEGREE-GRANTING INSTITUTIONS IN ILLINOIS FOR OVERALL EXCELLENCE, IN BOTH CURRICULAR AND EXTRA-CURRICULAR PROGRAMS.

    Expenses $71,419 · Grants $53,000 · Revenue $3,250

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Governor Jb Pritzker

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • The Honorable Ronald Dean Spears

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Shapiro

    VICE-CHANCELLOR

    Total calculated
    $0
    Hours/week
    1
  • Graham C Grady

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Ethel Holladay

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Leanne Barnhart

    EXECUTIVE DIRECTOR

    Total calculated
    $65,000
    From this org
    $65,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Frank Clark

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Margaret A Cline CFA CFP

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Jane Denes

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • George J Dohrmann MD PhD

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Andrea O Hasten

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Dennis Lyle

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Lester H McKeever Jr

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Pace Marshall PhD

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Alexandra Ransburg

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Doug Stewart

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Donald R Tracy

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Eric R Trimble

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Dia S Weil

    REGENT

    Total calculated
    $0
    Hours/week
    1
  • Joy Boruff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Marlene Dietz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert A Easter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Freitag

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • J'Tia Hart PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Larry R Jones MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Julie A Kellner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Howard A Learner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Shirley R Madigan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jessica Malkin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Claire A Manning

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lucyna Migala

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Delmer R Mitchell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lucy Moog

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Morris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Harold B Oakley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Maria Del Socorro Pesqueira

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Joseph A Power Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ronald Rabjohns MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Darryl W Rodgers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Shirley W Ryan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Linda Schielke EdD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Marc S Schulman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Smita Shah PE Leed Ap Bdc

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mark Slaby

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John G Stevenson Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Scott C Sullivan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Amy Trimble

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dana Withers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jerry Brookhart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Caralynn Nowinski Collens MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Julie Jordan Gunn

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan Kelley

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Collins

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Larry Dietz

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anne Burke

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jorge Ramirez

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Helen Morrison

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ric Estrada

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ryne Sandberg

    RECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pat Basu

    TRUSTEE

    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
30 April 2024
IRS schema version
2023v5.0
Source object
202431369349310658

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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