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Nonprofit · EIN 36-3461739

COSLEY FOUNDATION INC

Tax-exempt · WHEATON, IL 60187

Financials

$1.1M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of COSLEY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,114,353$1,817,122-$702,769$2,907,976$1,317,442$1,590,534
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$686,157
Membership dues
$90,835
Program service revenue
$0
Investment income
$105,163
Net income from fundraising events
$202,254
Net income from sales of inventory
$120,268
Other revenue
$323,033

Expenses

Grants and similar amounts paid
$1,337,745
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$10,827
Accounting fees
$7,500
Program services (functional)
$1,490,923
Management and general (functional)
$206,867
Fundraising (functional)
$119,332

Balance sheet and other

Total assets, start of year
$3,633,277
Total assets, end of year
$2,907,976
Total liabilities, end of year
$1,317,442
Net assets, end of year
$1,590,534
Publicly traded securities
$1,480,710
Net assets without donor restrictions
$1,353,459
Net assets with donor restrictions
$237,075
Gross receipts
$1,445,867
Employees
0
Volunteers
95
Year formed
1985
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL J BENARDSECRETARY
Trustee or director, Officer
1$0$248,431$26,116
PAUL BECKERTREASURER
Trustee or director, Officer
1$0$0$0
JENNIFER CLARKPRESIDENT
Trustee or director, Officer
1$0$0$0
PHYLLIS GEYERDIRECTOR
Trustee or director
1$0$0$0
MIKE GUSTAFSONDIRECTOR
Trustee or director
1$0$0$0
RACHEL ITTNERDIRECTOR
Trustee or director
1$0$0$0
FRANK MOSCARDINI JRDIRECTOR
Trustee or director
1$0$0$0
JULIE MURPHYDIRECTOR
Trustee or director
1$0$0$0
ASHLEY RABATICDIRECTOR
Trustee or director
1$0$0$0
MATT SZAFRANSKIPAST PRESIDE
Trustee or director
1$0$0$0
SARAH TRAISMANDIRECTOR
Trustee or director
1$0$0$0
SUSAN VARCAKDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
102 E WESLEY ST, WHEATON, IL 60187-5321
Principal officer (990 for 2025)
MICHAEL J BENARD, 102 E WESLEY ST, WHEATON, IL 60187
Signed the 990
MICHAEL J BENARD, SECRETARY
Phone
(630) 665-5534
Return prepared by
LAUTERBACH & AMEN LLP

Mission

THE COSLEY FOUNDATION ENGAGES IN FUNDRAISING ACTIVITIES TO BENEFIT THE COSLEY ZOO, AN AZA-ACCREDITED SMALL ZOO WHOLLY OWNED AND OPERATED BY THE WHEATON PARK DISTRICT IN WHEATON, IL. THE FOUNDATION RAISES FUNDS VIA DONOR DEVELOPMENT OF INDIVIDUALS AND FOUNDATIONS, AND ALSO HOLDS COMMUNITY-CENTRIC EVENTS SUCH AS CHRISTMAS TREE SALES,A 5K/10K RUN FOR THE ANIMALS, THE MIKE WILLIAMS COSLEY CLASSIC GOLF TOURNAMENT, AND FALL PUMPKIN SALES. THE COSLEY FOUNDATION BOARD IS COMPRISED OF VOLUNTEER BOARD MEMBERS WHO SERVE AS ADVOCATES FOR THE COSLEY ZOO WITHIN THE DUPAGE COUNTY COMMUNITY (CHICAGO SUBURBS); BOARD MEMBERS ALSO PROVIDE FISCALLY SOUND STRATEGIC COUNSEL PERTAINING TO THE ZOOS CAPITAL DEVELOPMENT AND OTHER POLICIES AND PROGRAMS. THE COSLEY FOUNDATION WHOLLY SUPPORTS THE COSLEY ZOOS MISSION: TO CREATE CONNECTIONS BETWEEN PEOPLE AND ANIMALS THAT WILL INSPIRE LIFELONG CONSERVATION OF THE NATURAL WORLD. THE ZOO PURSUES ITS MISSION VIA WORLD-CLASS ANIMAL WELFARE, SCIENCE-BASED CONSERVATION IN

990 for the year ended December 31, 2025

Program accomplishments

  • THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO HELP FUND THE OPERATION OF THE COSLEY ZOO BY THE WHEATON PARK DISTRICT. THE ZOOS OPERATIONS INCLUDE FREE ADMISSION TO ALL CHILDREN UNDER THE AGE OF 18 Y/O, REGARDLESS OF RESIDENCE WITHIN THE WHEATON PARK DISTRICT BOUNDS AND FREE ADMISSION TO ALL WHEATON PARK DISTRICT ADULTS. ADMISSION TO THE ZOO ALLOWS ACCESS TO MORE THAN 20 ANIMAL EXHIBITS, INCLUDING A DUCK POND AND CHICKEN COOP WHERE VISITORS CAN PARTICIPATE IN ANIMAL FEEDINGS FOR A SMALL ADDITIONAL FEE. WITHIN THE GROUNDS OF THE ZOO THERE IS ALSO A UNIQUE GIFT SHOP AND SMALL CONCESSIONS STAND. SINCE 2000, THE COSLEY ZOO HAS MAINTAINED ACCREDITATION BY THE ASSOCIATION OF ZOOS & AQUARIUMS (AZA), AND AS SUCH ADHERES TO THE WORLDS STRICTEST STANDARDS OF ANIMAL WELFARE AND CONSERVATION ADVOCACY WITHIN EVERY ASPECT OF ITS OPERATING PLAN. THE ZOO IS ALSO BELOVED BY THE COMMUNITY FOR ITS STRONG AND INCLUSIVE EDUCATIONAL PROGRAMS, WITH EDUCATION BEING A PRIMARY OPERATIONAL FOCUS.
    Expenses $1,335,245 · grants $1,335,245
  • THE FOUNDATION, IN ACCORDANCE WITH A DONORS WISHES, IS PROVIDING ONE SCHOLARSHIP IN MEMORY OF THE FORMER PRESIDENT OF THE FOUNDATION.
    Expenses $2,500 · grants $2,500
  • THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR THE ADVANCEMENT OF THE ZOO. THE FOUNDATION INVESTS IN DONOR RELATIONSHIP BUILDING AND THE ENGAGEMENT OF SUBJECT MATTER EXPERTS.
    Expenses $133,506
  • OTHER PROGRAMS
    Expenses $19,672

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3461739
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,907,976
Income (IRS master file)
$1,445,867

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$927,721$527,163$3,128,474IRS
990December 2022$1,262,721$436,288$2,624,611IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about COSLEY FOUNDATION INC

What is the EIN of COSLEY FOUNDATION INC?
The employer identification number (EIN) of COSLEY FOUNDATION INC is 36-3461739.
Is COSLEY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to COSLEY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COSLEY FOUNDATION INC 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 COSLEY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COSLEY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of COSLEY FOUNDATION INC?
The 990 for the year ended December 31, 2025 names MICHAEL J BENARD.
Who are the officers and directors of COSLEY FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does COSLEY FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,114,353, expenses of $1,817,122 and total assets of $2,907,976 at year end.

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