Peoria School District 150 Foundation FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

To provide sources of supplemental funding for improving the quality of education within Peoria public schools. The pps Foundation works in partnership with the community to raise and disburse these funds for the use and benefit of the students, staff and alumni of Peoria public schools.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $42K a year · 6% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
81% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 10% of spending
Pay to officers and key staff is 10% of spending.
Part VII, Section A
5.5 mo
of spending, in cash
Plus $948K in investments, Pt X · Ln 11–13
5.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $258K
5 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$916
0.08% of total assets
Liabilities are 0.08% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$550K
-42% vs prior year
Spent
$578K
To programs
81%
Net assets
$1.2M
By yearFY2021–FY2025
Revenue
$550K
FY2022▼ -42%
Tap a bar for its year
Revenue by fiscal year
FY2021$953K
FY2022$550K
FY2023$642K
FY2024$794K
FY2025$747K
Expenses
$578K
FY2022▼ -16%
Tap a bar for its year
Expenses by fiscal year
FY2021$687K
FY2022$578K
FY2023$587K
FY2024$882K
FY2025$742K
Net assets
$1.2M
FY2022▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.4M
FY2022$1.2M
FY2023$1.3M
FY2024$1.4M
FY2025$1.5M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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 Oct 1999.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $467K Management & general 13% · $76K Fundraising 6% · $35K

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

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $60K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President and Secretary
$60,300Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
Member
$0Pt VII · Sec A

Cindy Morris’s $68K as President/CEO is at the 64th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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

NameFY2025FY2024FY2023FY2022FY2021
Cindy Morris$68,440$61,880$61,490$60,300$59,731

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 Peoria School District 150 Foundation executive salaries →

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 15aYes

Programs and updates

Funds Peoria schools for research and quality education programs.

Questions for Peoria School District 150 Foundation

Tap to ask. Peoria School District 150 Foundation sees how many people are interested.

Your first name shows with your question. Peoria School District 150 Foundation answers here, for everyone.

1 program · $467K · in their own filed words · FY2021
01

Aid peoria public school district 150 by providing grants and funds used for the activities of research and providing quality education.

$467Kprogram 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 5 funders$258K
See all 5 funders →
Grants paid · 12 grants · $2.1M · 2020–2024
Peoria Public Schools District 150FY2024$333,599
Unitemized GrantFY2024$63,660
Peoria Public Schools District 150FY2023$545,947
Unitemized GrantFY2023$54,896
Peoria Public Schools District 150FY2022$254,784
Unitemized GrantFY2022$52,981
Peoria Public Schools District 150FY2021$279,630
Unitemized GrantFY2021$41,765
Peoria Public Schools District 150FY2021$10,300
Peoria Public Schools District 150FY2020$432,321
Unitemized GrantFY2020$34,510
Peoria Public Schools District 150FY2020$8,800

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$550K
Ln 12
Gifts and grantsLn 1h$468K
Other incomeLn 4–11$60K
Investment incomeLn 3$21K
Money outPt IX
$578K
Ln 25
Programscol B$467K
Managementcol C$76K
Fundraisingcol D$35K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$264K
Total assetsLn 16$1.2M
LiabilitiesLn 26$916
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$468K
Government grantsLn 1e$23K
Investment incomeLn 3$21K
Other incomeLn 4–11$60K
Total revenueLn 12$550K
Assets in detailPt X, end of year
CashLn 1$264K
Cash and savings togetherLn 1–2$264K
InvestmentsLn 11–13$948K
Other assetsLn 15$8K
Total assetsLn 16$1.2M
LiabilitiesLn 26$916
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 513
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY22FY21FY20FY19FY18
End of yearLn 1g$123K$146K$122K$125K$126K
SpentLn 1d–1f$8K$8K$7K$7K$7K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$360K$264K
InvestmentsLn 11–13$1.1M$948K
Total assetsLn 16$1.4M$1.2M
LiabilitiesLn 26$21K$916
Net assetsLn 32$1.4M$1.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$290K$290K
Grants to domestic individualsLn 2$42K$42K
Pay of officers and key staff (Part IX, line 5)Ln 5$60K$30K$15K$15K
Other salaries and wagesLn 7$118K$87K$31K
Payroll taxesLn 10$14K$9K$4K$1K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$10K$10K
Office expensesLn 13$12K$8K$4K$157
Information technologyLn 14$899$449$450
OccupancyLn 16$9K$5K$5K
Conferences, conventions and meetingsLn 19$2K$354$1K$354
InsuranceLn 23$699$699
Other expenses (24a–d)Ln 24$15K$763$1K$13K
Total functional expensesLn 25$578K$467K$76K$35K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $747K$742K$5K$1.5M 990 PDF
FY2024Filed with the IRS Feb 7, 2025 $794K$882K−$88K$1.4M 990 PDF
FY2023Filed with the IRS Apr 18, 2024 $642K$587K$54K$1.3M 990 PDF
FY2022 ViewingFiled with the IRS Nov 28, 2022 $550K$578K−$28K$1.2M 990 PDF
FY2021Filed with the IRS Dec 23, 2021 $953K$687K$266K$1.4M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $550,104 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $664,374$468,380
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $223,441$21,267
I-11 Other revenuePrior year $65,046$60,457
I-12 Total revenuePrior year $952,861$550,104
I-13 Grants and similar amounts paidPrior year $475,631$331,695
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $166,590$192,201
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $44,341$53,919
I-18 Total expensesPrior year $686,562$577,815
I-19 Revenue less expensesPrior year $266,299−$27,711
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $550,104 across 6 lines filed
VIII-1e Government grants$23,000
VIII-1f All other contributions, gifts and grants$445,380
VIII-1h Total contributions, gifts and grants$468,380
VIII-3 Investment incomeExcluded from tax $21,267$21,267
VIII-8 Net income from fundraising eventsExcluded from tax $60,457$60,457
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $81,724$550,104
Part IX · Statement of functional expenses $577,815 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $289,930$289,930
IX-2 Grants to domestic individualsPrograms $41,765$41,765
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $30,150 · Management $15,075 · Fundraising $15,075$60,300
IX-7 Other salaries and wagesPrograms $87,118 · Management $31,125$118,243
IX-10 Payroll taxesPrograms $8,971 · Management $3,534 · Fundraising $1,153$13,658
IX-11c Accounting feesManagement $3,281$3,281
IX-11g Other fees for servicesManagement $10,469$10,469
IX-13 Office expensesPrograms $7,878 · Management $4,259 · Fundraising $157$12,294
IX-14 Information technologyManagement $449 · Fundraising $450$899
IX-16 OccupancyManagement $4,574 · Fundraising $4,573$9,147
IX-19 Conferences, conventions and meetingsPrograms $354 · Management $1,095 · Fundraising $354$1,803
IX-23 InsuranceManagement $699$699
IX-24 Other expenses (24a–d)Programs $763 · Management $1,207 · Fundraising $13,357$15,327
IX-25 Total functional expensesPrograms $466,929 · Management $75,767 · Fundraising $35,119$577,815
Part X · Balance sheet $1,219,345 assets, 11 lines filed
Net asset lines not itemized here account for $1,218,429. See the IRS return.
X-1 Cash, non-interest-bearingStart of year $360,209$264,081
X-12 Other securitiesStart of year $1,053,274$947,705
X-15 Other assetsStart of year $0$7,559
X-16 Total assetsStart of year $1,413,483$1,219,345
X-25 Other liabilitiesStart of year $21,483$916
X-26 Total liabilitiesStart of year $21,483$916
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,392,000$1,218,429
X-33 Total liabilities and net assetsStart of year $1,413,483$1,219,345
Part XI · Reconciliation of net assets $1,218,429 net assets at year end
XI-1 Total revenue$550,104
XI-2 Total expenses$577,815
XI-3 Revenue less expenses−$27,711
XI-4 Net assets at start of year$1,392,000
XI-5 Net unrealized gains (losses) on investments−$145,860
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,218,429

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.