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Reavis High School District 220 Educational Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364192044 ✦ Burbank, IL ✦ Designated as a 501(c)(3)

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Overview

What is Reavis High School District 220 Educational Foundation?

The Reavis High School District 220 Educational Foundation is a nonprofit organization situated in Burbank, Illinois, specifically at 6034 W 77TH STREET. Its primary mission is to provide financial aid in the form of scholarships to students attending Reavis High School within District 220. This foundation works diligently to support the academic pursuits of these students, aiming to empower them and contribute to their overall growth and success.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

The Reavis High School District 220 Educational Foundation has achieved an impressive score of 87%, reflecting a strong focus on accountability and finance. This rating is based entirely on their accountability practices, which indicates the organization is well-managed and transparent in its operations. The lack of any material diversion of assets points to a solid governance structure in place.

Strengths highlighted in the data include a fully independent board, with all 13 members meeting the criteria for independence. The foundation has also established sound policies, such as a conflict of interest and a whistleblower policy. Additionally, a high program expense ratio of 96.09% suggests that a significant portion of their funds is directed towards their mission rather than administrative costs.

While the overall rating is positive, the singular focus on accountability and finance means there may be limited insight into other performance areas like program effectiveness or community impact. However, the foundation's commitment to transparency and responsible financial management is commendable.


This AI summary has been generated from information found on Charity Navigator.

Is Reavis High School District 220 Educational Foundation legitimate?

Reavis High School District 220 Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reavis High School District 220 Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Reavis High School District 220 Educational Foundation?

The Reavis High School District 220 Educational Foundation's primary mission is to provide financial aid in the form of scholarships to students attending Reavis High School. This organization is committed to supporting the educational aspirations of its students, aiming to alleviate some of the financial burden associated with higher education. By offering scholarships, the foundation enables deserving students to pursue their academic goals and potentially unlock opportunities that might otherwise be out of reach. The foundation's mission is a testament to its dedication to fostering the growth and success of the students it serves.

Who is the CEO of Reavis High School District 220 Educational Foundation?

Frank Bednarz is the President of Reavis High School District 220 Educational Foundation.

What is the revenue of Reavis High School District 220 Educational Foundation?

Reavis High School District 220 Educational Foundation's revenue in 2022 was $75,662.

Who are the executives of Reavis High School District 220 Educational Foundation and what are their salaries?

There 3 volunteers at Reavis High School District 220 Educational Foundation.


Here are 13 key members and their salaries:


Frank Bednarz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genesis Beninato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Bundusky (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Daker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohammad Hammad (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jr Higgins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Negrete (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Novak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Riordan (Superintende)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Seper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Witting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Reavis High School District 220 Educational Foundation?

Reavis High School District 220 Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Reavis High School District 220 Educational Foundation

The Reavis High School District 220 Educational Foundation is committed to providing scholarships for students attending Reavis High School. This nonprofit organization's mission is centered around financially supporting the academic pursuits of the school's students, thereby enabling them to further their education beyond high school. The Foundation's primary role is to provide monetary aid, thereby opening up opportunities for talented and deserving students who may otherwise be unable to afford higher education due to financial constraints. By offering scholarships, the Foundation is investing in the future of these young individuals, helping them to achieve their goals and make a positive impact in their communities and beyond.

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Impact




August, 2024

The Reavis High School District 220 Educational Foundation's impact is evident in its provision of scholarships to students of Reavis High School. By offering financial assistance to these students, the foundation is helping to alleviate the burden of educational expenses and empower them to pursue their academic goals. This support ultimately contributes to enhancing the educational opportunities and outcomes for students within Reavis High School District 220 in Burbank, IL.




This information is meant to be a general summary of Reavis High School District 220 Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$75,662 (2022)
Expenses
$76,535 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $78,662

Assets and Liabilities:

  • Total Assets: $502,024
  • Total Liabilities: $0
  • Net Assets: $502,024

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Organization Details

Principal Officer

Frank Bednarz

Main Address

6034 W 77TH STREET, BURBANK, IL, 60459

NTEE Category

Code: B82 - Education

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