Grove Express Foundation EIN 88-1073249 Form 990 (PDF) Claim this org

Grove Express Foundation

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Supports youth education and enrichment in Downers Grove. For fiscal year 2025 it reported $207K in revenue, $164K in expenses, and $307K in net assets.Pt I

Founded
2022
Type
Public charity (501(c)(3)) · Education
Location
Downers Grove, IL
Website
www.groveexpress.com
Filings
4 on file (2022–2025)
Revenue
$207KFY2025
Expenses
$164K
Net assets
$307K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  88-1073249 Public charity (501(c)(3)) Downers Grove, IL Founded 2022
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports youth education and enrichment in Downers Grove.
Leadership
Jonathan Twitty · President
Money in and out
$207K revenue, $164K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$164K
Pt IX · Ln 25
Net assets
$307K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $43K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +56% vs prior filing year
Operating runway
22.9mo
months of highly liquid reserves at operating expense rate▲ +85% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ +41% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$207K
FY2025▼ -31%
Expenses
$164K
FY2025▼ -36%
Total assets
$314K
FY2025▲ +19%
Total liabilities
$7K
FY2025
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$164K
Pt IX · Ln 25
Net assets
$307K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$43K
Total assetsPt X · Ln 16$314K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

2 program services account for $163K of program spending, described in the organization's own filed words · FY2025.
01

The grove express foundation made grants to support education and the overal enrichment of youth in the downers grove, illinois community in 2025 based on the proceeds of the 2024 thanksgiving day 5k.

$113Kprogram expense
02

The grove express foundation awarded scholarships to graduation seniors in district 99 in 2025 based on the proceeds of the 2024 thanksgiving day 5k.

$50Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrove Express Foundation
EINHdr · item D88-1073249
Principal addressHdr · item CDowners Grove, IL
WebsiteHdr · item Jwww.groveexpress.com
Year of formationHdr · item L2022
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFJul 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer/Se
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$198K · 96%
Contributions & grants$5K · 2%
Investment income$4K · 2%
Other revenue96%$198K
Contributions & grants2%$5K
Investment income2%$4K
Total revenueLn 12$207K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$163K
Management & general1%$965
Total functional expensesLn 25$164K

Balance Sheet

Part X · end of year
CashLn 1$313K
Total assetsLn 16$314K
Total liabilitiesLn 26$7K
Total net assetsLn 32$307K
Months of cash on handcomputed22.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $313K · Operating expenses/yr $164K
22.9 months
Where the money goes
Program services
Program services $163K · Total expenses $164K
99%
Management & General
Management & general $965 · Total expenses $164K
0.6%
Fundraising
Fundraising $0 · Total expenses $164K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $64K · Solicited contributions (3-yr avg) $194K
$0.33 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $207K
2%
Government reliance
Government grants — · Total revenue $207K
Earned-income share
Program service revenue $0 · Total revenue $207K
0%
Investment reliance
Investment income $4K · Total revenue $207K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $164K
0%
Growth & trend
Revenue growth (YoY)
This year $207K · Prior year $301K
-31%
Net-asset trend (YoY)
End of year $307K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $207K · Expenses $164K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $314K
Net-asset ratio
Net assets $307K · Total assets $314K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $314K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jonathan Twitty · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $164K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $164K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.6%
Revenue growth -31%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$1K
Grants paid · 11 grants · $394K · 2023–2025
Unitemized GrantFY2025$50,000
Unitemized GrantFY2024$5,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$207K revenue · viewing · ⤓ 990 PDF
FY2024$301K revenue · ⤓ 990 PDF
FY2023$277K revenue · ⤓ 990 PDF
FY2022$249K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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