2026-03-19T12:45:51-04:00 2025-06-30 273238017 LUCAS GROUP CPAS ADVISORS LLC 1617 TEMPLE LANE ROCKFORD IL 61112 990 2024-07-01 363575698 STERLING SCHOOLS FOUNDATION STER 8156260022 510 E MILLER RD STERLING IL 61081 JIM C SPENCER EXECUTIVE DIRECTOR 8156260022 2026-03-19 true true ASHLEE BURNETT P02458280 8152359610 2026-03-19 2024 2025-03-06 01:10:19Z JIM C SPENCER 510 E MILLER RD STERLING IL 61081 3120600 false X STERLINGSCHOOLSFOUNDATION.ORG X 1989 IL TO ASSIST IN THE DEVELOPMENT AND EDUCATION PURPOSES OF STERLING UNIT 5 SCHOOL DISTRICT. 10 10 0 150 0 919735 1267417 4675 5285 416408 1497611 218768 227437 1559586 2997750 953764 619852 0 72987 112823 0 4697 809571 1315682 1836322 2048357 -276736 949393 7690825 7914542 0 7690825 7914542 X TO PROMOTE EXCELLENCE BY FINDING CREATIVE AND INNOVATIVE PROJECTS FOR THE STAFF AND STUDENTS OF STERLING'S SCHOOLS. FOUNDATION MONIES ALLOW THE STERLING SCHOOL SYSTEM TO INITIATE, CONTINUE, OR EXPAND EDUCATIONAL PROJECTS OTHERWISE LEFT WITHOUT ADEQUATE MONEY TO PROCEED BECAUSE OF BUDGETARY CONSTRAINTS OR COMPELLING PRIORITIES. THE FOUNDATION IS DEDICATED TO THE IDENTIFICATION AND FUNDING OF PROGRAMS AND PROJECTS THAT WILL RAISE THE LEVEL OF ACADEMIC ACHIEVEMENT OF ALL STERLING PUBLIC SCHOOL STUDENTS. OUR GOAL IS TO HELP PROVIDE THE VERY BEST EDUCATION FOR STUDENTS AS THEY PREPARE FOR CHALLENGES OF LIFE. false false 797390 619852 AUDITORIUM OPERATIONS - CENTENNIAL AUDITORIUM IS LOCATED ON THE CAMPUS OF STERLING HIGH SCHOOL, WHICH IS PART OF THE STERLING PUBLIC SCHOOL SYSTEM. THE STERLING SCHOOLS FOUNDATION RAISED THE FUNDS TO BUILD THE AUDITORIUM IN 1998 AND CONTINUES TO FUND ALL OPERATIONAL EXPENSES AT THE FACILITY, INCLUDING UPKEEP, MAINTENANCE, UTILITIES, AND STAFF. THIS IS AN ONGOING PROGRAM AND SERVED 15,000 PEOPLE THIS YEAR. 152431 SHS ATHELETIC BOOSTER CLUB PROVIDES AS NEEDED FINANCIAL ASSISTANCE TO STERLING HIGH SCHOOL ATHLETIC PROGRAMS AND ATHLETES. SERVED 453 STUDENTS. 59 5285 GOLDEN WARRIOR TV PROGRAM PROVIDES LIVE VIDEO COVERAGE OF STERLING PUBLIC SCHOOLS SPORTING EVENTS, CONCERTS, CEREMONIES, ETC. REVENUE IS GENERATED FROM SUBSCRIPTION AND ADVERTISING SALES. NUMBER SERVED 1,000. 885766 ADDITIONAL PROGRAMS INCLUDE GW BASEBALL CLUB, A+ INITIATIVE, ACADEMIC BOOSTER CLUB, BLUE & GOLD PROGRAM, TOOLS & TECHNOLOGY PROGRAM, & OTHERS. THESE PROGRAMS SERVE STUDENTS & ALUMNI OF THE STERLING SCHOOL SYSTEM. 885766 1835646 true true false false false false false false false true true false false false false false true false false false false false false false true false false true true false false false false false false false false false false false false false false true false false false true 31 0 true 0 false false false false false false false false X 10 10 false false false false false false false true true false false true false false false true false false IL X X JIM C SPENCER 8156260022 510 E MILLER RD STERLING IL 61081 JIM C SPENCER EXECUTIVE DI 30.00 X 0 89674 0 ED ANDERSEN DIRECTOR 1.00 X 0 0 0 PAM CAPES DIRECTOR 1.00 X 0 0 0 PETER W DILLON VICE PRESIDE 1.00 X X 0 0 0 TAD EVERETT DIRECTOR 1.00 X 0 0 0 WILLIAM LEE DIRECTOR 1.00 X 0 0 0 TERRY MCGUIRE DIRECTOR 1.00 X 0 0 0 ALICE RETER SECRETARY 1.00 X X 0 0 0 HEATHER SOTELO TREASURER 1.00 X X 0 0 0 SCOTT WOLBER PRESIDENT 1.00 X X 0 0 0 GREG ZIEGLER DIRECTOR 1.00 X 0 0 0 89674 false false false 645474 621943 1267417 GWTV PASS 900099 5285 5285 5285 295334 295334 17270 17270 17270 17270 1202277 1202277 1202277 1202277 31922 20951 10971 10971 137136 101899 35237 35237 TICKET SALES 900099 152380 152380 RECYCLING FUNDS 900099 6328 6328 PRODUCE SALES 5251 5251 163959 2997750 1730333 510502 510502 109350 109350 66939 66939 34611 26960 7651 11273 11273 31977 31977 166701 166701 27206 21146 6060 69056 60201 8855 45478 45478 10238 3773 6465 OTHER GRANT EXPENSE 669733 668814 919 EQUIPMENT & CAPITAL IMPRO 171405 171405 OTHER FR EXPENSE 26891 26891 GWTV EXPENSE 24291 24291 72706 58630 9379 4697 2048357 1835646 208014 4697 271244 374817 1038691 190972 893197 847719 6526384 6692006 7690825 7914542 0 0 X 3855096 3669981 3835729 4244561 7690825 7914542 7690825 7914542 X 949393 -725676 X false true X true false X 396253 624134 643917 919735 1267417 3851456 396253 624134 643917 919735 1267417 3851456 3851456 138815 150399 299482 306992 312604 1208292 308628 338302 646930 5706678 0.67490 0.69480 X PART II, LINE 10 OTHER INCOME 308,628 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 294380 32436 30678 296138 298170 27450 31240 294380 301483 23871 27184 298170 350711 -26728 22500 301483 297293 76668 23250 350711 0.67540 0.32460 false false 185777 185777 714884 73825 641059 138030 117147 20883 847719 2394924 -725676 122850 -602826 2997750 2997750 2171207 122850 122850 2048357 2048357 SCHEDULE D, PAGE 4, PART XI, LINE 2D COST OF GOODS SOLD 101,899 FUNDRAISING EVENT EXPENSES 20,951 SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF GOOD SOLD 101,899 FUNDRAISING EVENT EXPENSES 20,951 BLOCK PARTY 30422 30422 5000 7170 3345 30422 30422 5000 7170 3345 15515 14907 true STERLING SCHOOLS CUSD NO 5 410 E LEFEVRE RD STERLING IL 61081 362746261 170C1 510502 AUDITORIUM OPERATION 1 SCHOLARSHIPS AWARDED 62 109350 SCHEDULE I, PAGE 1, PART I, LINE 2 THE STERLING SCHOOLS CUSD 5 SUBMITS AN INVOICE AND DOCUMENTATION (PURCHASE INVOICES & PAYMENT INFORMATION) FOR CUSD 5 GRANT EXPENDITURES. THE FOUNDATION EXECUTIVE DIRECTOR REVIEWS THE REIMBURSEMENT REQUEST TO ENSURE GRANT FUNDS ARE BEING UTILIZED IN THE MANNER INDICATED IN THE GRANT GUIDELINES, APPROVES THE INVOICE FOR PAYMENT, AND FORWARDS IT TO THE RECORDING TREASURER FOR REIMBURSEMENT. ALL LOCATIONS OF GRANT DOLLARS ARE TRACKED IN THE FOUNDATION'S ACCOUNTING SOFTWARE AND REPORTS ARE PROVIDED TO THE FOUNDATION DIRECTORS. FORM 990 - ORGANIZATION'S MISSION TO PROMOTE EXCELLENCE BY FINDING CREATIVE AND INNOVATIVE PROJECTS FOR THE STAFF AND STUDENTS OF STERLING'S SCHOOLS. FOUNDATION MONIES ALLOW THE STERLING SCHOOL SYSTEM TO INITIATE, CONTINUE, OR EXPAND EDUCATIONAL PROJECTS OTHERWISE LEFT WITHOUT ADEQUATE MONEY TO PROCEED BECAUSE OF BUDGETARY CONSTRAINTS OR COMPELLING PRIORITIES. THE FOUNDATION IS DEDICATED TO THE IDENTIFICATION AND FUNDING OF PROGRAMS AND PROJECTS THAT WILL RAISE THE LEVEL OF ACADEMIC ACHIEVEMENT OF ALL STERLING PUBLIC SCHOOL STUDENTS. OUR GOAL IS TO HELP PROVIDE THE VERY BEST EDUCATION FOR STUDENTS AS THEY PREPARE FOR CHALLENGES OF LIFE. FORM 990, PAGE 2, PART III, LINE 4D ADDITIONAL PROGRAMS INCLUDE GW BASEBALL CLUB, A+ INITIATIVE, ACADEMIC BOOSTER CLUB, BLUE & GOLD PROGRAM, TOOLS & TECHNOLOGY PROGRAM, & OTHERS. THESE PROGRAMS SERVE STUDENTS & ALUMNI OF THE STERLING SCHOOL SYSTEM. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR AND FINANCE COMMITTEE REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 15A WHEN DETERMINING EMPLOYEE COMPENSATION AND BENEFITS, THE BOARD PRESIDENT SHALL FORM A HIRING COMMITTEE TO ANALYZE PERTINENT INFORMATION. THIS INFORMATION MAY INCLUDE: COMPARISONS TO COMPENSATION PACKAGES FOR OTHER LOCAL NON-PROFIT ORGANIZATION EXECUTIVE DIRECTORS, EDUCATION LEVEL, EXPERIENCE, AND EVIDENCE OF PAST PERFORMANCE. THE HIRING COMMITTEE WILL THEN MAKE A RECOMMENDATION TO TEH FULL BOARD FOR FINAL APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING NORMAL OPERATING HOURS. FORM 990, PART XI, LINE 9 COST OF GOODS SOLD 101,899 FUNDRAISING EVENT EXPENSES 20,951 COST OF GOOD SOLD -101,899 FUNDRAISING EVENT EXPENSES -20,951 STERLING SCHOOLS CUSD NO 5 410 E LEFEVRE RD STERLING IL 61081 362746264 PROGRAMS IL 170C1 2 N/A false false true true false false false false false false false false false false false false true false false false STERLING CUSD NO 5 B 668666 CASH STERLING CUSD NO 5 C 645474 CASH STERLING CUSD NO 5 P 367947 CASH