TEAM 66 EDUCATION FOUNDATION: Form 990EZ, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- TEAM 66 EDUCATION FOUNDATION (EIN 46-3834945)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-20
- IRS object ID
- 202421419349200637
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-20T11:35:17-04:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461197479 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 4WEALTH CPAS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 745 MCCLINTOCK DR STE 150 | AddressLine1Txt |
| City | BURR RIDGE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605270866 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463834945 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEAM 66 EDUCATION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEAM | BusinessNameControlTxt |
| Phone | 6302724559 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5714 | AddressLine1Txt |
| City | WOODRIDGE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605170714 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN BARKAUSKAS | PersonNm |
| Person Title | TREASURER/DIRECTOR | PersonTitleTxt |
| Phone | 6302724559 | PhoneNum |
| Signature | 2024-05-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATHLEEN | PersonFirstNm |
| Person Last | BARKAUSKAS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PETER D RECCHIA | PreparerPersonNm |
| PTIN | P01354170 | PTIN |
| Phone | 7086955300 | PhoneNum |
| Preparation | 2024-05-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | WWW.TEAM66EF.COM | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $115,707 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $6,848 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $76,386 | ProgramServiceRevenueAmt |
| Gaming Gross Income | $20,278 | GamingGrossIncomeAmt |
| Fundraising Gross Income | $12,195 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $30,456 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $2,017 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $85,251 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $96,259 | GrantsAndSimilarAmountsPaidAmt |
| Other Expenses Total | $22,896 | OtherExpensesTotalAmt |
| Total Expenses | $119,155 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$33,904 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $103,743 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $69,839 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,639 | BOYAmt |
| EOY | $69,839 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,639 | BOYAmt |
| EOY | $69,839 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,896 | BOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,743 | BOYAmt |
| EOY | $69,839 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | WE PROMOTE CREATIVE FUNDING, BUILD RELATIONSHIPS BETWEEN PARENTS, EDUCATORS, AND THE COMMUNITY, AS WELL AS SUPPORT THE NEEDS OF THE DISTRICT. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| GRANTS FOR TEACHERS AND ADMINISTRATION TO USE AT THEIR DISCRETION TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR STUDENTS THAT THE SCHOOL BOARD DOES NOT AFFORD THEM. | $75,275 | $75,275 |
| PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS | $20,984 | $20,984 |
| PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS | $16,558 | $16,558 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $112,817 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| KIM PACE | ||
| PRESIDENT/DI | 1.00 | $0 |
| ROBIN SUVA | ||
| DIRECTOR | 1.00 | $0 |
| JESSICA GISMONDI | ||
| DIRECTOR | 1.00 | $0 |
| KATHLEEN BARKAUSKAS | ||
| TREASURER/DI | 2.00 | $0 |
| JESSICA SAGE | ||
| DIRECTOR | 2.00 | $0 |
| AMY VANO | ||
| SECRETARY/DI | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE ORGANIZATION | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5714 | AddressLine1Txt |
| City | WOODRIDGE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605170714 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6302724559 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,771 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,174 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,872 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,563 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,848 | CurrentTaxYearAmt |
| Total | $124,228 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,771 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,174 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,872 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,563 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,848 | CurrentTaxYearAmt |
| Total | $124,228 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $124,228 | PublicSupportTotal170Amt |
| Total Support | $124,228 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $81,599 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule G IRS990ScheduleG
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteer Labor Bingo | false | VolunteerLaborBingoInd |
| Volunteer Labor Pull Tabs | false | VolunteerLaborPullTabsInd |
| Gross Revenue Other Gaming | $20,278 | GrossRevenueOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $9,889 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | Yes (true) | VolunteerLaborOtherGamingInd |
| Volunteer Labor Other Gaming | 1.00000 | VolunteerLaborOtherGamingPct |
| Gross Revenue Total Gaming | $20,278 | GrossRevenueTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $9,889 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $9,889 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $10,389 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | IL | StatesWhereGamingConductedCd |
| Licensed | Yes (true) | LicensedInd |
| License Suspended Etc | false | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | false | GamingWithNonmembersInd |
| Member Of Other Entity | false | MemberOfOtherEntityInd |
| Individual With Books | THE ORGANIZATION | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5714 | AddressLine1Txt |
| City | WOODRIDGE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605170714 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | false | CntrctWith3rdPrtyForGameRevInd |
| Charitable Distribution Rqr | false | CharitableDistributionRqrInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PAGE 1, ITEM B | CLIENT RECEIVED ERRONEOUS INFORMATION FROM PREVIOUS ACCOUNTANT REGARDING THE CHANGE IN ACCOUNTING PERIOD. AS A RESULT, AN ERRONEOUS CALENDAR YEAR 12/31 RETURN WAS FILED INSTEAD ON A FISCAL YEAR TAX RETURN ENDING 6/30. |
| FORM 990-EZ, PART I, LINE 10 | CASH CONTRIBUTION: 20,984 CASH CONTRIBUTION: 75,275 |
| FORM 990-EZ, PART I, LINE 16 | OTHER FUNDRAISER EVENTS 6,337 EXPENSES INSURANCE 475 LEGAL & PROFESSIONAL FEES 11,197 OFFICE SUPPLIES 1,276 TAXES & LICENSES 1,949 PENALTY 1,260 MEALS 386 POSTAGE 2 DECORATIONS 14 TOTAL 22,896 |
| FORM 990-EZ, PART II, LINE 26 | 1,896 0 |
| FORM 990-EZ, PART III | WE PROMOTE CREATIVE FUNDING, BUILD RELATIONSHIPS BETWEEN PARENTS, EDUCATORS, AND THE COMMUNITY, AS WELL AS SUPPORT THE NEEDS OF THE DISTRICT. |
| FORM 990-EZ, PART III, LINE 31 | PROVIDE FUNDING FOR ADDITIONAL EDUCATIONAL TOOLS |