The Episcopal Preschool INC

Lake Forest, IL501(c)(3)EducationEIN 52-2413636Revenue $237K in FY2025

On file with the IRStheepiscopalpreschool.org400 E Westminster Rd, 60045-2258 · Lake Forest, ILTax-exempt since Jul 2004School — 170(b)(1)(A)(ii)

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Episcopal-Based Preschool

63¢ of each $1 spent went to programs.
$58K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
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
4 of 5
filings with a surplus
Average surplus $30K a year · 11% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$58K
to officers and key staff · 25% of spending
Top officer’s pay higher than 51% of similar orgs
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$60K
28% of total assets
Looks good: liabilities are 28% 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
$237K
-11% vs prior year
Spent
$237K
To programs
63%
Net assets
$153K
By yearFY2021–FY2025
Revenue
$237K
FY2025▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2021$221K
FY2022$285K
FY2023$282K
FY2024$267K
FY2025$237K
Expenses
$237K
FY2025▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2021$176K
FY2022$239K
FY2023$242K
FY2024$249K
FY2025$237K
Net assets
$153K
FY2025▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2021$92K
FY2022$138K
FY2023$177K
FY2024$194K
FY2025$153K

From the FY2025 Form 990 (year ending June 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2004.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $149K Management & general 37% · $88K

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

6 people listed on the 990; $58K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$58,500Pt VII · Sec A
Reverend
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Melanie Upfold’s $58K as Director is at the 51st 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

NameFY2025FY2024FY2023FY2022FY2021
Melanie Upfold$58,500$58,500$55,935$51,500$49,500

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 The Episcopal Preschool INC 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

The Episcopal Preschool INC is an education nonprofit based in Lake Forest, IL.

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Provided by the organization

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1 program · $149K · in their own filed words · FY2024
01

General

$149Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$237K
Ln 12
Fees for servicesLn 2g$237K
Investment incomeLn 3$102
Money outPt IX
$237K
Ln 25
Programscol B$149K
Managementcol C$88K
Owns and owesPt X
$153K
net assets · Ln 32
Cash and savingsLn 1–2$205K
Total assetsLn 16$213K
LiabilitiesLn 26$60K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$237K
Investment incomeLn 3$102
Total revenueLn 12$237K
Assets in detailPt X, end of year
CashLn 1$205K
Cash and savings togetherLn 1–2$205K
Total assetsLn 16$213K
LiabilitiesLn 26$60K
Net assetsLn 32$153K
OperationsPt I, VI
EmployeesI 57
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$244K$205K
Total assetsLn 16$244K$213K
LiabilitiesLn 26$50K$60K
Net assetsLn 32$194K$153K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$58K$0$58K$0
Pay of disqualified personsLn 6$105K$105K$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$28K$0$28K$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$2K$0$2K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$575$575$0$0
Office expensesLn 13$8K$8K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$26K$26K$0$0
Total functional expensesLn 25$237K$149K$88K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $237K$237K−$242$153K 990 PDF
FY2024 $267K$249K$18K$194K 990 PDF
FY2023 $282K$242K$40K$177K 990 PDF
FY2022 $285K$239K$46K$138K 990 PDF
FY2021 $221K$176K$45K$92K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $236,912 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $266,824$236,810
I-10 Investment incomePrior year $128$102
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $266,952$236,912
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $199,784$191,676
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $49,590$45,478
I-18 Total expensesPrior year $249,374$237,154
I-19 Revenue less expensesPrior year $17,578−$242
Part VI · Governance 6 of 6 board members independent, 5 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $236,912 across 5 lines filed
Lines not itemized here account for $50,750 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $186,060 · Unrelated business $0 · Excluded from tax $0$186,060
VIII-3 Investment incomeRelated to mission $102 · Unrelated business $0 · Excluded from tax $0$102
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $236,912 · Unrelated business $0 · Excluded from tax $0$236,912
Part IX · Statement of functional expenses $237,154 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $58,500 · Fundraising $0$58,500
IX-6 Pay of disqualified personsPrograms $105,180 · Management $0 · Fundraising $0$105,180
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $27,996 · Fundraising $0$27,996
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $1,675 · Fundraising $0$1,675
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $575 · Management $0 · Fundraising $0$575
IX-13 Office expensesPrograms $8,105$8,105
IX-23 InsurancePrograms $9,325$9,325
IX-24 Other expenses (24a–d)Programs $25,798 · Management $0 · Fundraising $0$25,798
IX-25 Total functional expensesPrograms $148,983 · Management $88,171 · Fundraising $0$237,154
Part X · Balance sheet $213,053 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $244,174$204,893
X-4 Accounts receivable$8,160
X-16 Total assetsStart of year $244,174$213,053
X-17 Accounts payable and accrued expenses$2,500
X-19 Deferred revenueStart of year $49,857$57,129
X-26 Total liabilitiesStart of year $49,857$59,629
X-32 Total net assets or fund balancesStart of year $194,317$153,424
X-33 Total liabilities and net assetsStart of year $244,174$213,053
Part XI · Reconciliation of net assets $153,424 net assets at year end
XI-1 Total revenue$236,912
XI-2 Total expenses$237,154
XI-3 Revenue less expenses−$242
XI-4 Net assets at start of year$194,317
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$40,651
XI-10 Net assets at end of year$153,424

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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