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Nonprofit · EIN 23-7117220

OLNEY CENTRAL COLLEGE FOUNDATION

Tax-exempt · OLNEY, IL 62450

Financials

$197K$219K2023$521K$344K2024
Revenue Expenses · by fiscal year end
Financials of OLNEY CENTRAL COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$521,283$343,929$177,354$4,474,118$7,000$4,467,118
June 30, 2024990$197,121$219,365-$22,244$4,146,418$0$4,146,418
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$181,264
Program service revenue
$0
Investment income
$330,857
Royalties
$659
Net gain from sales of assets
$29,801
Net income from fundraising events
$8,503
Other revenue
$9,162

Expenses

Grants and similar amounts paid
$323,399
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$16,200
Program services (functional)
$323,399
Management and general (functional)
$20,530

Balance sheet and other

Total assets, start of year
$4,146,418
Total assets, end of year
$4,474,118
Total liabilities, end of year
$7,000
Net assets, end of year
$4,467,118
Publicly traded securities
$4,250,274
Net assets without donor restrictions
$1,095,390
Net assets with donor restrictions
$3,371,728
Gross receipts
$614,015
Employees
0
Volunteers
0
Year formed
1971
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRENDA GLOVERDIRECTOR
Trustee or director
0.5$0
BERNIE RUSKDIRECTOR
Trustee or director
0.5$0
TARA LEMKEDIRECTOR
Trustee or director
0.5$0
CHRIS DOLLDIRECTOR
Trustee or director
0.5$0
RICK RUNYONDIRECTOR
Trustee or director
0.5$0
JORDAN BILLINGTONDIRECTOR
Trustee or director
0.5$0
BROOKE FRITSCHLEDIRECTOR
Trustee or director
0.5$0
MARK LAMBIRDDIRECTOR
Trustee or director
0.5$0
HEATH HOUCHINDIRECTOR
Trustee or director
0.5$0
SHERRY BRAUERVICE PRESIDENT
Officer
0.5$0
MARK RICHARDSONPRESIDENT
Officer
0.5$0
JULIA MICHELSTREASURER
Officer
0.5$0
ANN MUSTONSECRETARY
Officer
0.5$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
SHERRY BRAUERDIRECTOR
Trustee or director
0.5$0
BRENDA GLOVERDIRECTOR
Trustee or director
0.5$0
BERNIE RUSKDIRECTOR
Trustee or director
0.5$0
TARA LEMKEDIRECTOR
Trustee or director
0.5$0
CHRIS DOLLDIRECTOR
Trustee or director
0.5$0
RICK RUNYONDIRECTOR
Trustee or director
0.5$0
MARK RICHARDSONDIRECTOR
Trustee or director
0.5$0
ANN MUSTONDIRECTOR
Trustee or director
0.5$0
JORDAN BILLINGTONDIRECTOR
Trustee or director
0.5$0
JOEY GALLAGHERDIRECTOR
Trustee or director
0.5$0
MARK LAMBIRDDIRECTOR
Trustee or director
0.5$0
JULIA MICHELSDIRECTOR
Trustee or director
0.5$0
LARRY MILLERVICE PRESIDENT
Officer
0.5$0
BART ZUBERPRESIDENT
Officer
0.5$0
JASON DORISSECRETARY/TREASURER
Officer
0.5$0

Address and contacts

Address (IRS master file)
305 N WEST ST, OLNEY, IL 62450-1043
Principal officer (990 for 2024)
MARK RICHARDSON, 305 N WEST ST, OLNEY, IL 62450
Signed the 990
JULIA MICHELS, TREASURER
Phone
(618) 395-7777
Return prepared by
KEMPER CPA GROUP LLP

Mission

THE FOUNDATION'S PRIMARY MISSION IS TO SUPPORT OLNEY CENTRAL COLLEGE, ITS STAFF AND STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • SCHOLARSHIPS FOR STUDENTS, BENEFITING A WIDE RANGE OF STUDENTS. AWARDED BASED ON ACADEMICS OR NEED, BASED ON A SET OF ESTABLISHED NON-DISCRIMINATORY CRITERIA.
    Expenses $41,891 · grants $41,891
  • CLASSROOM SUPPLIES MONIES ARE DISTRIBUTED ON A REQUESTED BASIS TO HELP FUND EQUIPMENT PURCHASES AS WELL AS OTHER EXPENSES FOR VARIOUS DEPARTMENTS.
    Expenses $281,508 · grants $281,508
  • STUDENT ACTIVITY MONIES ARE DISTRIBUTED ON A REQUESTED BASIS TO HELP FUND STUDENT RECRUITMENT ACTIVITIES AS WELL AS VARIOUS OTHER ACTIVITIES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7117220
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42I)
Assets (IRS master file)
$4,474,118
Income (IRS master file)
$614,015

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$521,283$343,929$4,474,118XML
990June 2024$197,121$219,365$4,146,418XML
990June 2023$252,508$224,126$3,701,743IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 23-7117220).

Questions about OLNEY CENTRAL COLLEGE FOUNDATION

What is the EIN of OLNEY CENTRAL COLLEGE FOUNDATION?
The employer identification number (EIN) of OLNEY CENTRAL COLLEGE FOUNDATION is 23-7117220.
Is OLNEY CENTRAL COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to OLNEY CENTRAL COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does OLNEY CENTRAL COLLEGE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OLNEY CENTRAL COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OLNEY CENTRAL COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OLNEY CENTRAL COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 names MARK RICHARDSON.
Who are the officers and directors of OLNEY CENTRAL COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does OLNEY CENTRAL COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $521,283, expenses of $343,929 and total assets of $4,474,118 at year end.

Other nonprofits in OLNEY

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