Key to 73 Hawthorn Education Foundation
Nonprofit profile at a glance
- EIN
- 821525017
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Vernon Hills, IL, USA
- Phone
- 7733435026
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $28,881
- Expenses
- $6,364
- Assets
- $48,540
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- LAURA PLATTKILSTEIN (PRESIDENT)
- VAHE AYVAZIAN (VICE PRESIDENT)
People named in this filing
- LAURA PLATTKILSTEIN (PRESIDENT)
- EMILY KIM (SECRETARY)
- VAHE AYVAZIAN (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
The mission of the key to 73 foundation is to advocate, promote and fund innovative educational opportunities for the students of hawthorn district 73. It's all volunteer board of directors is comprised of community members and parents of students in the district. The foundation engages in activities to raise awareness and private donations from individuals and corporations to provide small grants directly to educators in the district in order to support innovative new projects and programs.
What it reported doing in 2024
To support school district 73 programming
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.9%; rating input score 1
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 78%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 7.63; rating input score 89; 89th 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: -14.8% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -2.6% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: 15.4% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 0.9% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.