Nsseo Foundation Inc
- Assets
- $105.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Prospect, IL
- Founding
- 12/1993
- Data as of
- 06/2023
- EIN
- 36-4061216
Organization Overview
Nsseo Foundation Inc is located in Mount Prospect, IL. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nsseo Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Nsseo Foundation Inc generated $36.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $16.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SECURE CHANNEL PRIVATE FUNDS TO SUPPORT PROMOTE THE EDUCATIONAL PROGRAMS AND SERVICES FOR STUDENTS SERVED BY THE NORTHWEST SUBURBAN SPECIAL EDUCATION ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Neumann President | 1 | $0 | |
Cindy Marcinkowski Vice President | 1 | $0 | |
Kevin Kelly Treasurer | 1 | $0 | |
John Kurth Secretary | 1 | $0 | |
Mark Hamlen Director | 1 | $0 | |
Craig Nicholas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,090 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,297 |
| Other Revenue | $0 |
| Total Revenue | $36,793 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,574 |
| Total expenses | $16,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,689 |
| Other assets | $0 |
| Total assets | $105,689 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,689 |