Fisher Falcon Education Foundation is located in Chicago, IL. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fisher Falcon Education Foundation 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, Fisher Falcon Education Foundation generated $127.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (69.6%) each year. All expenses for the organization totaled $110.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FISHER FALCON EDUCATION FOUNDATION IS AN INDEPENDENT, NOT-FOR-PROFIT 501(C)(3) ORGANIZATION THAT PROTECTS AND PROMOTES THE MISSION AND RESOURCES OF ST. JOHN FISHER SCHOOL IN CHICAGO, ILLINOIS BY RAISING FUNDS FOR INVESTMENT IN PEOPLE, PROGRAMS, AND FACILITIES THAT ENHANCE THE EDUCATIONAL EXPERIENCE AND OPPORTUNITIES FOR ITS STUDENTS AND FACULTY, THEREFORE ENRICHING THE QUALITY OF LIFE FOR ITS GREATER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION LAUNCHED INAUGURAL GIVING CAMPAIGN WHERE WE REACHED OVER 100 INDIVIDUAL DONORS TO SUPPORT THE FFEF. AS A RESULT, WE WERE ABLE TO GIFT THE SCHOOL $75,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Goldrick President | OfficerTrustee | 2 | $0 |
Joan Garey-Rogers Vice President | OfficerTrustee | 1 | $0 |
Carrie Nowicki Secretary | OfficerTrustee | 1 | $0 |
Brendan Moody Treasurer | OfficerTrustee | 2 | $0 |
Thomas Broderick Director | Trustee | 1 | $0 |
Paul Dachota Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $46,395 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $73,915 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $120,310 |
Total Program Service Revenue | $0 |
Investment income | $6,902 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $127,212 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $95,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,315 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,902 |
Advertising and promotion | $0 |
Office expenses | $3,780 |
Information technology | $2,925 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $642 |
Total functional expenses | $110,564 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $93,524 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,156,177 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,249,701 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $794,390 |
Net assets with donor restrictions | $455,311 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,249,701 |
Over the last fiscal year, Fisher Falcon Education Foundation has awarded $90,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
ST JOHN FISHER SCHOOL PURPOSE: Educational subsidy per by-laws | $75,000 |
MARIST HIGH SCHOOL PURPOSE: alumni scholarship per by-laws | $15,000 |