Skip to main content

Nonprofit · EIN 37-6314142

EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC

Tax-exempt · OLNEY, IL 62450

Financials

$71K$83K2023$71K$72K2024
Revenue Expenses · by fiscal year end
Financials of EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$70,797$71,582-$785$556,956$0$556,956
June 30, 2024990$71,157$82,954-$11,797$528,643$0$528,643
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$52,735
Program service revenue
$0
Investment income
$14,813
Net gain from sales of assets
$3,398
Net income from fundraising events
$3,249
Other revenue
$3,249

Expenses

Grants and similar amounts paid
$69,334
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$375
Occupancy
$10
Program services (functional)
$69,334
Management and general (functional)
$2,248

Balance sheet and other

Total assets, start of year
$528,643
Total assets, end of year
$556,956
Total liabilities, end of year
$0
Net assets, end of year
$556,956
Net assets without donor restrictions
$556,956
Gross receipts
$124,562
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
TARA FEDDESDIRECTOR
Trustee or director
0.5$0
HEATH HOUCHINDIRECTOR
Trustee or director
0.5$0
CHELSEA KERMICLESECRETARY
Trustee or director, Officer
0.5$0
PATRICIA KESSLER-BOOKHOUTDIRECTOR
Trustee or director
0.5$0
AMY KIRBYDIRECTOR
Trustee or director
0.5$0
KRISTA MCLARENTREASURER
Trustee or director, Officer
0.5$0
KRISTA NEALISVICE PRESIDE
Trustee or director, Officer
0.5$0
LADI PHILLIPSDIRECTOR
Trustee or director
0.5$0
KARISE ROBERSONPRESIDENT
Trustee or director, Officer
0.5$0
BRANDY SHOUSEDIRECTOR
Trustee or director
0.5$0
BRANDAN SNIDER-MICHELSDIRECTOR
Trustee or director
0.5$0
AMY STEVENSDIRECTOR
Trustee or director
0.5$0
SARAH STEVENSDIRECTOR
Trustee or director
0.5$0
JANILYN TRAVISDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
MARK RICHARDSONDIRECTOR
Trustee or director
0.5$0
ALLYSON PADILLADIRECTOR
Trustee or director
0.5$0
BARTLEY C ZUBERDIRECTOR
Trustee or director
0.5$0
BRANDY SHOUSESECRETARY
Trustee or director, Officer
0.5$0
PATRICIA KESSLER-BOOKHOUTDIRECTOR
Trustee or director
0.5$0
KRISTA NEALISVICE PRESIDENT
Trustee or director, Officer
0.5$0
JANILYN TRAVISDIRECTOR
Trustee or director
0.5$0
KRISTA MCLARENTREASURER
Trustee or director, Officer
0.5$0
TARA MCKINNEYDIRECTOR
Trustee or director
0.5$0
KARISE ROBERSONPRESIDENT
Trustee or director, Officer
0.5$0
HEATH HOUCHINDIRECTOR
Trustee or director
0.5$0
SARAH STEVENSDIRECTOR
Trustee or director
0.5$0
AMY STEVENSDIRECTOR
Trustee or director
0.5$0
CHELSEA KERMICLEDIRECTOR
Trustee or director
0.5$0
AMY BYERSDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
PO BOX 685, OLNEY, IL 62450-0685
In care of
% RANDY RUSK
Principal officer (990 for 2024)
KARISE ROBERSON
Signed the 990
KARISE ROBERSON, PRESIDENT
Phone
(618) 843-3115
Return prepared by
KEMPER CPA GROUP LLP

Mission

TO ASSIST IN THE DEVELOPMENT OF ADVANCED ACADEMIC EDUCATIONAL PROGRAMS OF THE RICHLAND COUNTY COMMUNITY UNIT SCHOOL DISTRICT 1 AND IN CONJUNCTION THEREWITH TO ESTABLISH A SYSTEM OF SUPPORT FOR THOSE STUDENTS WANTING TO WORK ON ADVANCED ACADEMIC PROJECTS OR ENHANCED LEARNING OPPORTUNITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • ASSISTED IN THE DEVELOPMENT OF ADVANCED EDUCATIONAL PROGRAMS, AND TO ASSIST IN IMPROVING THE ACADEMIC CLIMATE AND PROMOTE THE WELFARE OF THE STUDENTS OF RICHLAND COUNTY COMMUNITY UNIT SCHOOL DISTRICT 1.
    Expenses $19,031 · grants $19,031
  • ESTABLISHED SCHOLARSHIP AWARDS TO GRADUATES OF RICHLAND COUNTY HIGH SCHOOL, OLNEY, IL.
    Expenses $50,303 · grants $50,303

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
37-6314142
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
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$556,956
Income (IRS master file)
$124,562

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$70,797$71,582$556,956XML
990June 2024$71,157$82,954$528,643XML
990June 2023$62,744$52,324$506,196IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––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 37-6314142).

Questions about EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC

What is the EIN of EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC?
The employer identification number (EIN) of EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC is 37-6314142.
Is EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE 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 EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC 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 EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC 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 EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC?
The 990 for the year ended June 30, 2025 names KARISE ROBERSON.
Who are the officers and directors of EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC?
The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does EAST RICHLAND FOUNDATION FOR ACADEMIC EXCELLENCE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $70,797, expenses of $71,582 and total assets of $556,956 at year end.

Other nonprofits in OLNEY

All nonprofits in OLNEY · Illinois