Lewis Simmons Foundation

Tax-deductible

Aurora, IL501(c)(3)EducationEIN 83-3212884Revenue $17K in FY2024

On file with the IRS712 S River St, 60506-5911 · Aurora, ILTax-exempt since Aug 2019Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

We are a community based organization that provides services and support in the areas of training, workshops, business development, leadership development, professional development and community development to minorities

501(c)(3) charity; gifts are tax-deductible.
66¢ 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $708 a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$17K
+28% vs prior year
Spent
$14K
To programs
66%
Net assets
$4K
By yearFY2020–FY2024
Revenue
$17K
FY2024▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$6K
FY2021$3K
FY2022$6K
FY2023$13K
FY2024$17K
Expenses
$14K
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$5K
FY2021$1K
FY2022$6K
FY2023$14K
FY2024$14K
Net assets
$4K
FY2024▲ +281%
Tap a bar for its year
Net assets by fiscal year
FY2020$400
FY2021$2K
FY2022$2K
FY2023$928
FY2024$4K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2019.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $9K Fundraising 34% · $5K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Terrie Simmons’s $2K as President is at the 8th percentile of top reported officer pay among 146 <$100K 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.

See Lewis Simmons Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 training, business, leadership, and community development services to minorities.

Questions for Lewis Simmons Foundation

Tap to ask. Lewis Simmons Foundation sees how many people are interested.

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

Provided by the organization

Know this organization? Claim it to add your story

1 program · $9K · in their own filed words · FY2024
01

We provide free services or low cost services to minority businesses and women business owners.

$9Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$17K
Ln 12
Gifts and grantsLn 1h$17K
Money outPt IX
$14K
Ln 25
Programscol B$9K
Fundraisingcol D$5K
Owns and owesPt X
$4K
net assets · Ln 32
Cash and savingsLn 1–2$4K
Total assetsLn 16$4K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17K
Total revenueLn 12$17K
Assets in detailPt X, end of year
CashLn 1$4K
Cash and savings togetherLn 1–2$4K
Total assetsLn 16$4K
LiabilitiesLn 26$0
Net assetsLn 32$4K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$928$4K
Total assetsLn 16$928$4K
LiabilitiesLn 26$0$0
Net assetsLn 32$928$4K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Professional fundraising feesLn 11e$500$500
Other fees for servicesLn 11g$4K$4K
Office expensesLn 13$206$206
Information technologyLn 14$160$160
Other expenses (24a–d)Ln 24$1K$1K$96
All other expensesLn 24e$8K$8K
Total functional expensesLn 25$14K$9K$0$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $17K$14K$3K$4K 990 PDF
FY2023 $13K$14K−$814$928 990 PDF
FY2022 $6K$6K$50$2K 990 PDF
FY2021 $3K$1K$1K$2K 990 PDF
FY2020 $6K$5K$400$400 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2024 990 (6 parts)
Part I · Summary $16,571 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,903$16,571
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $12,903$16,571
I-13 Grants and similar amounts paidPrior year $203$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $7,092$0
I-16a Professional fundraising fees$500
I-17 Other expensesPrior year $6,422$13,460
I-18 Total expensesPrior year $13,717$13,960
I-19 Revenue less expensesPrior year −$814$2,611
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $16,571 across 4 lines filed
VIII-1f All other contributions, gifts and grants$16,571
VIII-1h Total contributions, gifts and grants$16,571
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$16,571
Part IX · Statement of functional expenses $13,960 across 6 lines filed
IX-11e Professional fundraising feesFundraising $500$500
IX-11g Other fees for servicesFundraising $4,120$4,120
IX-13 Office expensesPrograms $206$206
IX-14 Information technologyPrograms $160$160
IX-24 Other expenses (24a–d)Programs $1,242 · Fundraising $96$1,338
IX-24e All other expensesPrograms $7,636$7,636
IX-25 Total functional expensesPrograms $9,244 · Management $0 · Fundraising $4,716$13,960
Part X · Balance sheet $3,539 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $928$3,539
X-16 Total assetsStart of year $928$3,539
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $928$3,539
X-32 Total net assets or fund balancesStart of year $928$3,539
X-33 Total liabilities and net assetsStart of year $928$3,539
Part XI · Reconciliation of net assets $3,539 net assets at year end
XI-1 Total revenue$16,571
XI-2 Total expenses$13,960
XI-3 Revenue less expenses$2,611
XI-4 Net assets at start of year$928
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,539

Form 990 e-file (XML) FY2024 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.