The mission of helping to make life better for young people.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $15K a year · 31% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
15 mo
of spending, in cash
Plus $824K in investments, Pt X · Ln 11–13
Looks good: 15.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $10K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$30K
-51% vs prior year
Spent
$34K
To programs
88%
Net assets
$867K
By yearFY2020–FY2025
Revenue
$30K
FY2022▼ -51%
Tap a bar for its year
Revenue by fiscal year
FY2020$61K
FY2021$62K
FY2022$30K
FY2023$44K
FY2024$41K
FY2025$50K
Expenses
$34K
FY2022▼ -23%
Tap a bar for its year
Expenses by fiscal year
FY2020$43K
FY2021$44K
FY2022$34K
FY2023$19K
FY2024$29K
FY2025$29K
Net assets
$867K
FY2022-0.4%
Tap a bar for its year
Net assets by fiscal year
FY2020$852K
FY2021$871K
FY2022$867K
FY2023$891K
FY2024$903K
FY2025$924K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $30K Management & general 12% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
President/Director
$0Pt VII · Sec A
Chairman/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Sec/Treasurer
$0Pt VII · Sec A
See Adam Don Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves young people's lives through various support programs and initiatives.

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Provided by the organization

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1 program · $30K · in their own filed words · FY2022
01

The primary fund raising event is the annual golf outing. The proceeds of which are contributed to other charities that service our mission. Due to COVID-19, the 2022 annual golf outing was cancelled. The organization was still able to give grants to 3 other organizations during the year.

$30Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 2 funders$10K
Grants paid · 14 grants · $175K · 2020–2025
First Tee of Greater ChicagoFY2025$15,000
Northern Illinois Food BankFY2025$10,000
Northern Illinois Food BankIL · FY2024$10,000
Northern Illinois Food BankIL · FY2022$10,000
Pads Lake County INCIL · FY2022$5,000
Northern Illinois Food BankIL · FY2021$15,000
Pads Lake County INCIL · FY2021$10,000
Northern Illinois Food BankIL · FY2020$15,000
Pads Lake County INCIL · FY2020$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$30K
Ln 12
Investment incomeLn 3$30K
Gifts and grantsLn 1h$550
Money outPt IX
$34K
Ln 25
Programscol B$30K
Managementcol C$4K
Owns and owesPt X
$867K
net assets · Ln 32
Cash and savingsLn 1–2$43K
Total assetsLn 16$867K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$550
Investment incomeLn 3$30K
Gains on assetsLn 7$12K
Total revenueLn 12$30K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$34K
Cash and savings togetherLn 1–2$43K
InvestmentsLn 11–13$824K
Total assetsLn 16$867K
LiabilitiesLn 26$0
Net assetsLn 32$867K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$54K$43K
InvestmentsLn 11–13$816K$824K
Total assetsLn 16$871K$867K
LiabilitiesLn 26$0$0
Net assetsLn 32$871K$867K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$30K$30K
Accounting feesLn 11c$2K$2K
Investment management feesLn 11f$2K$2K
Other expenses (24a–d)Ln 24$255$255
Total functional expensesLn 25$34K$30K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $50K$29K$21K$924K 990 PDF
FY2024 $41K$29K$12K$903K 990 PDF
FY2023 $44K$19K$24K$891K 990 PDF
FY2022 Viewing $30K$34K−$3K$867K 990 PDF
FY2021 $62K$44K$18K$871K 990 PDF
FY2020 $61K$43K$18K$852K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $30,443 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,500$550
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $45,718$29,893
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $62,218$30,443
I-13 Grants and similar amounts paidPrior year $40,000$30,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,822$3,931
I-18 Total expensesPrior year $43,822$33,931
I-19 Revenue less expensesPrior year $18,396−$3,488
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $30,443 across 5 lines filed
VIII-1f All other contributions, gifts and grants$550
VIII-1h Total contributions, gifts and grants$550
VIII-3 Investment incomeExcluded from tax $18,060$18,060
VIII-7 Net gain or loss on sales of assetsExcluded from tax $11,833$11,833
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $29,893$30,443
Part IX · Statement of functional expenses $33,931 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $30,000$30,000
IX-11c Accounting feesManagement $1,500$1,500
IX-11f Investment management feesManagement $2,176$2,176
IX-24 Other expenses (24a–d)Management $255$255
IX-25 Total functional expensesPrograms $30,000 · Management $3,931 · Fundraising $0$33,931
Part X · Balance sheet $867,017 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $20,153$9,179
X-2 Savings and temporary cash investmentsStart of year $33,948$33,832
X-11 Publicly traded securitiesStart of year $816,404$824,006
X-16 Total assetsStart of year $870,505$867,017
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $870,505$867,017
X-32 Total net assets or fund balancesStart of year $870,505$867,017
X-33 Total liabilities and net assetsStart of year $870,505$867,017
Part XI · Reconciliation of net assets $867,017 net assets at year end
XI-1 Total revenue$30,443
XI-2 Total expenses$33,931
XI-3 Revenue less expenses−$3,488
XI-4 Net assets at start of year$870,505
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$867,017

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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