The primary exempt purpose of this organization is to create a Partnership amoung the residents, businesses and school organizations to provide supplemental financial resources for the public schools IT serves in the area.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
2 of 4
filings with a surplus
Average surplus $10K a year · 5% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
22 mo
of spending, in cash
Looks good: 22.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names 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
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$177K
-15% vs prior year
Spent
$269K
To programs
99%
Net assets
$498K
By yearFY2020–FY2025
Revenue
$177K
FY2024▼ -15%
Tap a bar for its year
Revenue by fiscal year
FY2020$195K
FY2021$197K
FY2022$284K
FY2023$207K
FY2024$177K
FY2025$146K
Expenses
$269K
FY2024▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$155K
FY2023$225K
FY2024$269K
FY2025$124K
Net assets
$498K
FY2024▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2020$448K
FY2021$465K
FY2022$594K
FY2023$577K
FY2024$498K
FY2025$520K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 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 Jul 1996.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $268K Management & general 1% · $2K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Dist 93 Board Rep
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Dist 89 Board Rep
$0Pt VII · Sec A
Dist 41 Board Rep
$0Pt VII · Sec A

Rebecca Parke’s $11K as Foundation Services Coordinat is at the 9th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Rebecca Parke$11,277$8,279$6,292$6,455

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Partnership for Educational Progress 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

Partners with residents, businesses, and schools to fund local public education.

Questions for Partnership for Educational Progress

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Your first name shows with your question. Partnership for Educational Progress answers here, for everyone.

Provided by the organization

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1 program · $268K · in their own filed words · FY2023
01

P.E.P. Awards grants to teachers, school districts and libraries along with awarding various scholarships.

$268Kprogram 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 · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 6 grants · $274K · 2021–2024
Unitemized GrantFY2024$52,250
Individual RecipientFY2023$117,058
Unitemized GrantFY2023$23,685
D41 Kids FoundationIL · FY2022$53,320
Unitemized GrantFY2022$8,250
Unitemized GrantFY2021$19,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$177K
Ln 12
Gifts and grantsLn 1h$157K
Investment incomeLn 3$15K
Fees for servicesLn 2g$5K
Money outPt IX
$269K
Ln 25
Programscol B$268K
Managementcol C$2K
Owns and owesPt X
$498K
net assets · Ln 32
Cash and savingsLn 1–2$498K
Total assetsLn 16$498K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$157K
Fees for servicesLn 2g$5K
Investment incomeLn 3$15K
Gains on assetsLn 7$4K
Total revenueLn 12$177K
Assets in detailPt X, end of year
CashLn 1$137K
SavingsLn 2$361K
Cash and savings togetherLn 1–2$498K
Total assetsLn 16$498K
LiabilitiesLn 26$0
Net assetsLn 32$498K
OperationsPt I, VI
EmployeesI 51
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$577K$498K
Total assetsLn 16$577K$498K
LiabilitiesLn 26$0$0
Net assetsLn 32$577K$498K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$230K$230K
Grants to domestic individualsLn 2$24K$24K
Other salaries and wagesLn 7$10K$9K$1K
Payroll taxesLn 10$576$518$58
Accounting feesLn 11c$2K$2K$250
Office expensesLn 13$2K$2K$113
InsuranceLn 23$1K$1K$123
Total functional expensesLn 25$269K$268K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $146K$124K$22K$520K 990 PDF
FY2024 Viewing $177K$269K−$93K$498K 990 PDF
FY2023 $207K$225K−$18K$577K 990 PDF
FY2022 $284K$155K$129K$594K 990 PDF
FY2021 $197K$465K 990 PDF
FY2020 $195K$448K 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 FY2024 990 (6 parts)
Part I · Summary $176,505 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $191,239$156,705
I-9 Program service revenue$4,571
I-10 Investment incomePrior year $16,048$15,229
I-11 Other revenue$0
I-12 Total revenuePrior year $207,287$176,505
I-13 Grants and similar amounts paidPrior year $206,943$253,192
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $11,978$10,762
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $6,041$5,541
I-18 Total expensesPrior year $224,962$269,495
I-19 Revenue less expensesPrior year −$17,675−$92,990
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower 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
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $176,505 across 6 lines filed
VIII-1f All other contributions, gifts and grants$156,705
VIII-1h Total contributions, gifts and grants$156,705
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,571$4,571
VIII-3 Investment incomeRelated to mission $11,017$11,017
VIII-7 Net gain or loss on sales of assetsRelated to mission $4,212$4,212
VIII-12 Total revenueRelated to mission $19,800 · Unrelated business $0 · Excluded from tax $0$176,505
Part IX · Statement of functional expenses $269,495 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $229,506$229,506
IX-2 Grants to domestic individualsPrograms $23,686$23,686
IX-7 Other salaries and wagesPrograms $9,167 · Management $1,019$10,186
IX-10 Payroll taxesPrograms $518 · Management $58$576
IX-11c Accounting feesPrograms $2,250 · Management $250$2,500
IX-13 Office expensesPrograms $1,703 · Management $113$1,816
IX-23 InsurancePrograms $1,102 · Management $123$1,225
IX-25 Total functional expensesPrograms $267,932 · Management $1,563 · Fundraising $0$269,495
Part X · Balance sheet $498,149 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $180,814$137,170
X-2 Savings and temporary cash investmentsStart of year $395,825$360,979
X-16 Total assetsStart of year $576,639$498,149
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $6,442$21,252
X-28 Net assets with donor restrictionsStart of year $570,197$476,897
X-32 Total net assets or fund balancesStart of year $576,639$498,149
X-33 Total liabilities and net assetsStart of year $576,639$498,149
Part XI · Reconciliation of net assets $498,149 net assets at year end
XI-1 Total revenue$176,505
XI-2 Total expenses$269,495
XI-3 Revenue less expenses−$92,990
XI-4 Net assets at start of year$576,639
XI-9 Other changes in net assets$14,500
XI-10 Net assets at end of year$498,149

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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