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Nonprofit · EIN 03-0470216

AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION

Tax-exempt · SCHAUMBURG, IL 60173

Financials

$21K$82K2022$56K$119K2023$48K$46K2024
Revenue Expenses · by fiscal year end
Financials of AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$48,288$45,986$2,302$210,346$22,715$187,631
July 31, 2024990$56,119$118,750-$62,631$175,894$0$175,894
July 31, 2023990$20,529$81,961-$61,432$286,721$59,222$227,499
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$43,529
Program service revenue
$0
Investment income
$4,759
Net gain from sales of assets
$259
Other revenue
$0

Expenses

Grants and similar amounts paid
$23,121
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,863
Program services (functional)
$34,213
Management and general (functional)
$11,773

Balance sheet and other

Total assets, start of year
$175,894
Total assets, end of year
$210,346
Total liabilities, end of year
$22,715
Net assets, end of year
$187,631
Publicly traded securities
$173,171
Net assets without donor restrictions
$93,130
Net assets with donor restrictions
$94,501
Gross receipts
$49,650
Employees
0
Year formed
2002
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Dan BencsikPresident
Trustee or director, Officer
2.5$0
Justin VarnTreasurer
Trustee or director, Officer
2.5$0
Wilson BrimTrustee
Trustee or director
1.5$0
Dan MesserschmidtTrustee
Trustee or director
1.5$0
Niels NorbyTrustee
Trustee or director
1.5$0
Megan RaymondTrustee
Trustee or director
1.5$0
Louise RistauExecutive Dir.
Officer
2.5$0
990 for the year ended July 31, 2024: 7 people
NameTitleHours / weekCompensation
Dan BencsikPresident
Trustee or director, Officer
2.5$0
Justin VarnTreasurer
Trustee or director, Officer
2.5$0
Wilson BrimTrustee
Trustee or director
1.5$0
Dan MesserschmidtTrustee
Trustee or director
1.5$0
Niels NorbyTrustee
Trustee or director
1.5$0
Megan RaymondTrustee
Trustee or director
1.5$0
Louise RistauExecutive Dir.
Officer
2.5$0
990 for the year ended July 31, 2023: 7 people
NameTitleHours / weekCompensation
Dan BencsikPresident
Trustee or director, Officer
2.5$0
Dan MesserschmidtTreasurer
Trustee or director, Officer
2.5$0
Lisa HigginbothamTrustee
Trustee or director
1.5$0
Niels NorbyTrustee
Trustee or director
1.5$0
John StangleTrustee
Trustee or director
1.5$0
Wilson BrimTrustee
Trustee or director
1.5$0
Louise RistauExecutive Dir.
Officer
2.5$0

Address and contacts

Address (IRS master file)
1061 AMERICAN LN 310, SCHAUMBURG, IL 60173-4973
In care of
% MANNY BURKE
Signed the 990
Louise Ristau, Executive Director
Phone
(847) 375-4800
Return prepared by
Barnes Givens & Barnes Ltd

Mission

FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE - TO AWARD COLLEGE TUITIONSCHOLARSHIPS TO PEOPLE ASSOCIATED WITH THE TROPHY AND AWARD INDUSTRY;TO PROVIDE AND SUPPORT EDUCATIONAL PROGRAMS DESIGNED TO IMPROVE ORDEVELOP, THE CAPABILITIES OF INDIVIDUALS ENGAGED IN THE OPERATIONS OFAWARDS AND RECOGNITION; TO ENGAGE IN AND SUPPORT RESEARCH IN THE AWARDSAND RECOGNITION PRODUCTS INDUSTRY.

990 for the year ended July 31, 2025

Program accomplishments

  • SUPPORT OF EDUCATION IN THE AWARDS AND RECOGNITION INDUSTRY
    Expenses $26,092 · grants $15,000
  • AWARD SCHOLARSHIPS TO INDIVIDUALS ASSOCIATED WITH THETROPHY AND AWARD INDUSTRY
    Expenses $8,121 · grants $8,121

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
03-0470216
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
July
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$210,346
Income (IRS master file)
$49,650

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$48,288$45,986$210,346XML
990July 2024$56,119$118,750$175,894XML
990July 2023$20,529$81,961$286,721XML
990July 2022$61,283$79,514$335,839IRS
990-EZJuly 2021–––IRS
990-EZJuly 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0470216).

Questions about AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION

What is the EIN of AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION?
The employer identification number (EIN) of AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION is 03-0470216.
Is AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who are the officers and directors of AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION?
The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does AWARDS AND RECOGNITION INDUSTRY EDUCATIONAL FOUNDATION have?
On its 990 for the year ended July 31, 2025 it reported revenue of $48,288, expenses of $45,986 and total assets of $210,346 at year end.

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