Overview
What is Somonauk Education Foundation Inc?
The Somonauk Education Foundation Inc is a nonprofit organization situated within the Somonauk School District 432. Their primary mission is to support the education of both faculty and students by providing grants and scholarships. This organization is particularly dedicated to student financial aid services and scholarships, aiming to enhance learning opportunities and lessen financial burdens. The Foundation's activities are geared towards aiding the overall educational development within the district.
Is Somonauk Education Foundation Inc legitimate?
Somonauk Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somonauk Education Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Somonauk Education Foundation Inc?
The Somonauk Education Foundation Inc, in its mission, focuses on granting and providing scholarships to both faculty and students within the Somonauk School District 432. The primary goal is to support their educational endeavors. Specifically, the organization specializes in student financial aid services, aiming to alleviate financial burdens and make education more accessible.
Who is the CEO of Somonauk Education Foundation Inc?
Eric Swanson is the Vice President of Somonauk Education Foundation Inc.
What is the revenue of Somonauk Education Foundation Inc?
Somonauk Education Foundation Inc's revenue in 2023 was $62,413.
Who are the executives of Somonauk Education Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990EZ for Somonauk Education Foundation Inc?
Somonauk Education Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Somonauk Education Foundation Inc
The Somonauk Education Foundation Inc, as its name suggests, is devoted to supporting the educational journey of both faculty and students within the Somonauk School District 432. Its primary mission is to provide grants and scholarships, serving as a crucial resource for financial aid. By offering these educational aids, the foundation aims to foster and enhance the learning experiences of its recipients, contributing significantly to their academic growth. The Somonauk Education Foundation Inc specializes in student financial aid services, demonstrating its commitment to ensuring that financial constraints do not hinder the pursuit of knowledge for those within its sphere of influence.
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Impact
August, 2024
The Somonauk Education Foundation Inc significantly impacts the educational opportunities within Somonauk School District 432 by awarding grants and scholarships to both faculty and students. These financial aids are crucial in aiding their education and fostering a culture of learning and growth within the community. The foundation's focus on student financial aid services and scholarships ensures that individuals can access the resources they need to succeed academically. Through its initiatives, the Somonauk Education Foundation plays a vital role in supporting and enhancing the educational experiences of those within the district.
This information is meant to be a general summary of Somonauk Education Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $327
- Gross Receipts: $102,872
Assets and Liabilities:
- Total Assets: $235,765
- Total Liabilities: $0
- Net Assets: $235,765
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Organization Details
Phone
(815) 274-2704Principal Officer
Eric Swanson
Main Address
501 WEST MARKET STREET, SOMONAUK, IL, 60552
NTEE Category
Code: B99 - Education
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