Nonprofit · EIN 37-1221752
GALESBURG PUBLIC SCHOOLS FOUNDATION
Tax-exempt · GALESBURG, IL 61402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $121,581 | $101,362 | $20,219 | $855,038 | $223 | $854,815 |
| December 31, 2024 | 990 | $67,422 | $64,890 | $2,532 | $766,480 | $271 | $766,209 |
| December 31, 2023 | 990 | $149,062 | $80,981 | $68,081 | $714,672 | $200 | $714,472 |
| December 31, 2022 | 990 | $52,612 | $59,767 | -$7,155 | $689,406 | $121 | $689,285 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $85,982
- Program service revenue
- $0
- Investment income
- $34,354
- Net gain from sales of assets
- $13,967
- Other revenue
- $1,245
Expenses
- Grants and similar amounts paid
- $58,643
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,015
- Depreciation
- $253
- Program services (functional)
- $59,432
- Management and general (functional)
- $28,067
- Fundraising (functional)
- $13,863
Balance sheet and other
- Total assets, start of year
- $766,480
- Total assets, end of year
- $855,038
- Total liabilities, end of year
- $223
- Net assets, end of year
- $854,815
- Land, buildings and equipment
- $740
- Net assets without donor restrictions
- $754,018
- Net assets with donor restrictions
- $100,797
- Gross receipts
- $121,581
- Employees
- 0
- Year formed
- 1987
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN ARMSTRONG | DIRECTOR Trustee or director | – | $0 |
| BEN BREDEMEIER | DIRECTOR Trustee or director | – | $0 |
| JENNY BREDEMEIER | DIRECTOR Trustee or director | – | $0 |
| MARY ESP | DIRECTOR Trustee or director | – | $0 |
| DENISE FOOTE | SECRETARY Trustee or director, Officer | – | $0 |
| KAREN HAWKINSON | TREASURER Trustee or director, Officer | – | $0 |
| MOLLY KLEINE | DIRECTOR Trustee or director | – | $0 |
| ZACH MAHER | DIRECTOR Trustee or director | – | $0 |
| KRISTI MUSTAIN | PRESIDENT Trustee or director, Officer | – | $0 |
| CONNIE WESSELS | DIRECTOR Trustee or director | – | $0 |
| MARK WILSON | VICE PRESIDE Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN ARMSTRONG | DIRECTOR Trustee or director | 0.5 | $0 |
| NANCY BERRY | DIRECTOR Trustee or director | 0.5 | $0 |
| BEN BREDEMEIER | DIRECTOR Trustee or director | 0.5 | $0 |
| JENNY BREDEMEIER | DIRECTOR Trustee or director | 0.5 | $0 |
| MARY ESP | DIRECTOR Trustee or director | 0.5 | $0 |
| DENISE FOOTE | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| KAREN HAWKINSON | TREASURER Trustee or director, Officer | 0.5 | $0 |
| MOLLY KLEINE | DIRECTOR Trustee or director | 0.5 | $0 |
| ZACH MAHER | DIRECTOR Trustee or director | 0.5 | $0 |
| KRISTI MUSTAIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CONNIE WESSELS | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK WILSON | VICE PRESIDE Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN ARMSTRONG | SECRETARY Trustee or director, Officer | – | $0 |
| NANCY BERRY | DIRECTOR Trustee or director | – | $0 |
| BEN BREDEMEIER | DIRECTOR Trustee or director | – | $0 |
| JENNY BREDEMEIER | DIRECTOR Trustee or director | – | $0 |
| MARY ESP | DIRECTOR Trustee or director | – | $0 |
| DENISE FOOTE | DIRECTOR Trustee or director | – | $0 |
| KAREN HAWKINSON | TREASURER Trustee or director, Officer | – | $0 |
| MOLLY KLEINE | DIRECTOR Trustee or director | – | $0 |
| ZACH MAHER | DIRECTOR Trustee or director | – | $0 |
| KRISTI MUSTAIN | PRESIDENT Trustee or director, Officer | – | $0 |
| CONNIE WESSELS | DIRECTOR Trustee or director | – | $0 |
| MARK WILSON | VICE PRESIDE Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2022: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN ARMSTRONG | SECRETARY Trustee or director, Officer | 1 | $0 |
| BEN BREDEMEIER | DIRECTOR Trustee or director | 1 | $0 |
| JENNY BREDEMEIER | DIRECTOR Trustee or director | 1 | $0 |
| MARY ESP | DIRECTOR Trustee or director | 1 | $0 |
| DENISE FOOTE | DIRECTOR Trustee or director | 1 | $0 |
| KAREN HAWKINSON | TREASURER Trustee or director, Officer | 1 | $0 |
| BRADLEY HIX | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY KLEINE | DIRECTOR Trustee or director | 1 | $0 |
| KRISTI MUSTAIN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CONNIE WESSELS | DIRECTOR Trustee or director | 1 | $0 |
| MARK WILSON | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 687, GALESBURG, IL 61402-0687
- Principal officer (990 for 2025)
- KRISTI MUSTAIN, 1075 BATEMAN ST, GALSEBURG, IL 61401
- Signed the 990
- KRISTI MUSTAIN, PRESIDENT
- Phone
- (309) 342-9229
- Website
- WWW.GBURGPSF.ORG
- Return prepared by
- BLUCKER KNEER & ASSOCIATES LTD
Mission
THE RECEIPT OF FUNDS TO BE USED SOLELY TO SUPPLEMENT EDUCATIONAL, EXTRA-CURRICULAR, AND INTERSCHOLASTIC PROGRAMS OPERATED BY THE BOARD OF EDUCATION OF GALESBURG, COMMUNITY UNIT SCHOOL DISTRICT 205, COUNTIES OF KNOX AND WARREN, ILLINOIS, AND STRENGTHEN THE RELATIONSHIP BETWEEN THE PUBLIC SHCOOLS AND THE GALESBURG COMMUNITY. ALSO TO OVERSEE VARIOUS RESOURCES RECEIVED FROM DONORS TO BE INVESTED AND USED IN ACCORDANCE WITH TERMS SPECIFIED BY THE DONOR FOR SCHOLARSHIPS.
Program accomplishments
- TO RAISE FUNDS FOR GALESBURG COMMUNITY SCHOOL DISTRICT 205 ACADEMIC PROJECTS AND THE PURCHASE OF VARIOUS EDUCATIONAL ITEMS FOR THE DISTRICT.Expenses $59,432 · grants $58,643
- TO MAINTAIN AND SERVE A FIDUCIARY RELATIONSHIP FOR SCHOLARSHIP AND MEMORIAL FUNDS RESTRICTED BY DONORS TO BE USED TO SUPPLEMENT DISTRICT 205 PROJECTS.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 37-1221752
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $855,038
- Income (IRS master file)
- $121,581
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $121,581 | $101,362 | $855,038 | XML |
| 990 | December 2024 | $67,422 | $64,890 | $766,480 | XML |
| 990 | December 2023 | $149,062 | $80,981 | $714,672 | XML |
| 990 | December 2022 | $52,612 | $59,767 | $689,406 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 37-1221752).
Questions about GALESBURG PUBLIC SCHOOLS FOUNDATION
- What is the EIN of GALESBURG PUBLIC SCHOOLS FOUNDATION?
- The employer identification number (EIN) of GALESBURG PUBLIC SCHOOLS FOUNDATION is 37-1221752.
- Is GALESBURG PUBLIC SCHOOLS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to GALESBURG PUBLIC SCHOOLS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GALESBURG PUBLIC SCHOOLS 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 GALESBURG PUBLIC SCHOOLS FOUNDATION 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 GALESBURG PUBLIC SCHOOLS FOUNDATION 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 GALESBURG PUBLIC SCHOOLS FOUNDATION?
- The 990 for the year ended December 31, 2025 names KRISTI MUSTAIN.
- Who are the officers and directors of GALESBURG PUBLIC SCHOOLS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does GALESBURG PUBLIC SCHOOLS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $121,581, expenses of $101,362 and total assets of $855,038 at year end.
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