Arcola Foundation: FY2020 Nonprofit Profile & Form 990 (EIN 37-0999945)

Revenue by fiscal year
FY2020	$236K
FY2021	$233K
FY2022	$378K
FY2023	$284K
FY2024	$382K
FY2025	$355K

Expenses by fiscal year
FY2020	$227K
FY2021	$174K
FY2022	$295K
FY2023	$240K
FY2024	$276K
FY2025	$272K

Net assets by fiscal year
FY2020	$6.2M
FY2021	$6.2M
FY2022	$6.1M
FY2023	$6.1M
FY2024	$6.3M
FY2025	$6.4M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1975.

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

Where the money goes

86 cents of each dollar spent went to programs.

86%

14%

Program services 86% · $194K Management & general 14% · $31K Fundraising 1% · $2K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII

Randy Williams

Member

$0Pt VII · Sec A

Mark Spainhour

Chairman

$0Pt VII · Sec A

Lisa Edwards

Member

$0Pt VII · Sec A

Melissa Conlin

Co-Chair

$0Pt VII · Sec A

Robert Kosic

Member

$0Pt VII · Sec A

Linda Rankin

Member

$0Pt VII · Sec A

Alex Johns

Member

$0Pt VII · Sec A

See Arcola 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 15aNo

Programs and updates

Offers scholarships and grants to individuals and Arcola organizations.

Questions for Arcola Foundation

Tap to ask. Arcola Foundation sees how many people are interested.

Your first name shows with your question. Arcola Foundation answers here, for everyone.

3 programs · $185K · in their own filed words · FY2019

01

Grants to arcola organizations

$122Kprogram expense

02

Douglas County CEO Program

High school program entrepreneurship program

$44Kprogram expense

03

Scholarships to arcola area students for higher education expenses

$19Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking

Grants paid · 35 grants · $581K · 2019–2024

Unitemized GrantFY2024$23,931

Arcola Food PantryIL · FY2024$14,000

Ave Maria ChurchFY2024$10,000

Guadalupe Social ServicesFY2024$10,000

St Johns Catholic ChurchFY2024$10,000

City of ArcolaFY2024$10,000

Arcola High SchoolFY2024$5,411

Unitemized GrantFY2023$29,105

Arcola Chamber of CommerceIL · FY2023$25,000

City of ArcolaFY2023$19,485

St Johns Catholic ChurchFY2023$17,100

Arcola High SchoolFY2023$11,044

Individual RecipientFY2023$10,000

Individual RecipientFY2023$9,500

Notre Dame Club of NaplesFY2023$6,500

Unitemized GrantFY2022$28,032

Arcola Chamber of CommerceIL · FY2022$25,395

City of ArcolaFY2022$23,485

See all 35 grants →

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$236K

Ln 12

Investment incomeLn 3$151K

Gifts and grantsLn 1h$80K

Fees for servicesLn 2g$6K

Money outPt IX

$227K

Ln 25

Programscol B$194K

Managementcol C$31K

Fundraisingcol D$2K

Owns and owesPt X

$6.2M

net assets · Ln 32

Cash and savingsLn 1–2$2.4M

Total assetsLn 16$6.2M

LiabilitiesLn 26$0

PeoplePt VI, VII

7

listed · VII A

PaidVII A0

Voting boardVI 1a7

IndependentVI 1b7

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$80K

Fees for servicesLn 2g$6K

Investment incomeLn 3$151K

Gains on assetsLn 7$7K

Total revenueLn 12$236K

Assets in detailPt X, end of year

CashLn 1$2.4M

Cash and savings togetherLn 1–2$2.4M

Notes and loans receivableLn 7$24K

InvestmentsLn 11–13$3.7M

Other assetsLn 15$32K

Total assetsLn 16$6.2M

LiabilitiesLn 26$0

Net assetsLn 32$6.2M

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$2.3M	$2.4M
InvestmentsLn 11–13	$3.8M	$3.7M
Land, buildings, equipmentLn 10c	$0	$0
Total assetsLn 16	$6.1M	$6.2M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$6.1M	$6.2M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$131K	$131K
Grants to domestic individualsLn 2	$19K	$19K
Legal feesLn 11b	$1K		$1K
Accounting feesLn 11c	$5K		$5K
Advertising and promotionLn 12	$2K	$135	$2K
InsuranceLn 23	$7K	$2K	$5K
Other expenses (24a–d)Ln 24	$61K	$42K	$17K	$2K
Total functional expensesLn 25	$227K	$194K	$31K	$2K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Apr 23, 2026	$355K	$272K	$83K	$6.4M	990 PDF
FY2024Filed with the IRS Feb 28, 2025	$382K	$276K	$106K	$6.3M	990 PDF
FY2023Filed with the IRS Apr 16, 2024	$284K	$240K	$44K	$6.1M	990 PDF
FY2022Filed with the IRS Feb 16, 2023	$378K	$295K	$83K	$6.1M	990 PDF
FY2021Filed with the IRS May 16, 2022	$233K	$174K	$59K	$6.2M	990 PDF
FY2020 ViewingFiled with the IRS Mar 31, 2021	$236K	$227K	$10K	$6.2M	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2020 990 (6 parts)

Part I · Summary $236,446 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $110,148$79,684

I-9 Program service revenuePrior year $651$5,895

I-10 Investment incomePrior year $143,579$150,867

I-11 Other revenuePrior year $700$0

I-12 Total revenuePrior year $255,078$236,446

I-13 Grants and similar amounts paidPrior year $143,149$149,618

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 $80,042$76,955

I-18 Total expensesPrior year $223,191$226,573

I-19 Revenue less expensesPrior year $31,887$9,873

Part VI · Governance 7 of 7 board members independent, 1 to look at

VI-1a Voting members of the governing body7

VI-1b Independent voting members7

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-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $236,446 across 6 lines filed

VIII-1f All other contributions, gifts and grants$79,684

VIII-1h Total contributions, gifts and grants$79,684

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,895$5,895

VIII-3 Investment incomeExcluded from tax $144,311$144,311

VIII-7 Net gain or loss on sales of assetsExcluded from tax $6,556$6,556

VIII-12 Total revenueRelated to mission $5,895 · Unrelated business $0 · Excluded from tax $150,867$236,446

Part IX · Statement of functional expenses $226,573 across 7 lines filed

IX-1 Grants to domestic organizationsPrograms $130,936$130,936

IX-2 Grants to domestic individualsPrograms $18,682$18,682

IX-11b Legal feesManagement $1,493$1,493

IX-11c Accounting feesManagement $5,265$5,265

IX-12 Advertising and promotionPrograms $135 · Management $1,755$1,890

IX-23 InsurancePrograms $2,135 · Management $4,733$6,868

IX-24 Other expenses (24a–d)Programs $42,208 · Management $17,354 · Fundraising $1,877$61,439

IX-25 Total functional expensesPrograms $194,096 · Management $30,600 · Fundraising $1,877$226,573

Part X · Balance sheet $6,152,448 assets, 11 lines filed

X-1 Cash, non-interest-bearingStart of year $2,269,951$2,397,200

X-7 Notes and loans receivableStart of year $36,000$23,500

X-10c Land, buildings and equipment, netStart of year $0$0

X-11 Publicly traded securitiesStart of year $3,780,024$3,699,561

X-15 Other assetsStart of year $30,357$32,187

X-16 Total assetsStart of year $6,116,332$6,152,448

X-26 Total liabilitiesStart of year $0$0

X-27 Net assets without donor restrictionsStart of year $3,895,455$3,940,007

X-28 Net assets with donor restrictionsStart of year $2,220,877$2,212,441

X-32 Total net assets or fund balancesStart of year $6,116,332$6,152,448

X-33 Total liabilities and net assetsStart of year $6,116,332$6,152,448

Part XI · Reconciliation of net assets $6,152,448 net assets at year end

XI-1 Total revenue$236,446

XI-2 Total expenses$226,573

XI-3 Revenue less expenses$9,873

XI-4 Net assets at start of year$6,116,332

XI-5 Net unrealized gains (losses) on investments$45,243

XI-9 Other changes in net assets−$19,000

XI-10 Net assets at end of year$6,152,448

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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.

Arcola Foundation FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Arcola Foundation

Douglas County CEO Program

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV