Wilmington School District 209-U Foundation for Excellence
Nonprofit profile at a glance
- EIN
- 364284431
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Wilmington, IL, USA
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $71,419
- Expenses
- $53,512
- Assets
- $337,764
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Cecilia Storbeck (President)
People named in this filing
- Cecilia Storbeck (President)
- Beth Smith (Secretary)
- Max Lyday (Treasurer)
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 serve as a vehicle to receive, solicit and allocate gifts, grants and bequest of money, property or services and to enrich the programs, activities and facilities for the benefit of the students of Wilmington Community School District 209-U
What it reported doing in 2024
In pursuit of its exempt purposes, the organization awarded 53,100 in college scholarships Spent 2,821 in music royalties for student musical productions Funded 2,317 in class room grants for teachers
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 100
- Sustainability: 69
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.3%; rating input score 76
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 25.1%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 6.31; rating input score 87; 87th 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: 13.9% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 49th percentile among comparable filings
- Asset growth: 3.4% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 76.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2013 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: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.