Itasca Parent Teacher Organization

Nonprofit profile at a glance

EIN
465161777
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2018, Form 990-EZ 2024, Form 990-N 2013
Location
Itasca, IL, USA
Phone
6307749648
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Parent/Teacher Group

Reported finances

Revenue
$72,736
Expenses
$71,673
Assets
$26,900

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Bree Grimaldi (President)
  • Marcia Stephan (Vice President)
  • Tricia Maki (Vice President)
  • Sara Gulo (Vice President)

People named in this filing

  • Bree Grimaldi (President)
  • Kourtney Chesney (Treasurer)
  • Marcia Stephan (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enhance and support the educational experience at the three Itasca District 10 schools (Benson Primary School, Franzen Intermediate School and Peacock Middle School), to develop a closer connection between school and home by encouraging parent and teacher involvement, to improve the environment at these schools through volunteer

What it reported doing in 2024

Donation made to the District 10 schools for the purchase ofschool assets and supplies for the benefit of Itasca District 10 students.faculty and bus driver appreciaition and student clubs

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.6%; rating input score 95
  • Program expense ratio: 96%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.5%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -9.3% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: -11.8% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: 0.3% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 94.6% of revenue deployed · 96% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $69K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.