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Nonprofit · EIN 93-1647381

D70 FOUNDATION FOR EXCELLENCE INC

Tax-exempt · LIBERTYVILLE, IL 60048

Financials

$216K$161K2024
Revenue Expenses · by fiscal year end
Financials of D70 FOUNDATION FOR EXCELLENCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$216,453$161,095$55,358$62,799$0$62,799
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$216,453
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$11,545
Compensation of officers, directors and key employees
$75,000
Salaries, compensation and benefits (total)
$75,000
Professional fundraising fees
$0
Accounting fees
$2,000
Program services (functional)
$155,270
Management and general (functional)
$5,825

Balance sheet and other

Total assets, start of year
$7,441
Total assets, end of year
$62,799
Total liabilities, end of year
$0
Net assets, end of year
$62,799
Gross receipts
$216,453
Employees
0
Volunteers
5
Year formed
2023
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
Holland BurtonPresident
Officer
17$75,000
Suzanne WakefieldVice President
Officer
0$0
Katie DeansDirector
Trustee or director
0$0
Elizabeth McGheeDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
1381 LAKE ST, LIBERTYVILLE, IL 60048-1729
In care of
% KATIE COYLE
Mailing address (990-N for 2023)
1381 Lake Street, Libertyville IL 60048
Principal officer (990 for 2024)
Holland Burton, 1381 LAKE ST, LIBERTYVILLE, IL 60048
Principal officer (990-N for 2023)
Holland Burton, 1381 Lake Street, Libertyville IL 60048
Signed the 990
Holland Burton, President & Executor Director
Phone
(877) 829-5500

Mission

The D70 Foundation for Excellence is a nonprofit organization dedicated to enriching and expanding educational opportunities for the students teachers and staff of Libertyville School District 70. Through community engagement fundraising and strategic partnerships the Foundation provides resources and support that inspire excellence foster innovation and enhance the overall educational experience beyond what is available through standard district funding.

990 for the year ended July 31, 2025

Program accomplishments

  • Annual Fundraising Events Galas: The Foundations annual fundraising events contribute importantly to its exempt purposes by directly generating resources that are distributed to Libertyville School District 70 to fund educational programs enrichment opportunities teacher support initiatives and student resources that would not otherwise be available through standard district appropriations. These events also advance the Foundations mission by building community awareness of and engagement with the educational needs of District 70 students.
    Expenses $119,039 · revenue $145,209
  • Grants and Sponsorships Received: The receipt of grants and sponsorships contributes importantly to the Foundations exempt purposes by providing dedicated funding streams that are applied exclusively to educational and enrichment programs benefiting Libertyville School District 70. These activities directly support the Foundations core function of supplementing and enhancing the educational experience available to District 70 students faculty and staff.
    Expenses $36,231 · revenue $71,244

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 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-N on file

IRS record

EIN
93-1647381
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
2023
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$62,799
Income (IRS master file)
$216,453

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$216,453$161,095$62,799XML
990-N for 2023
Officer: Holland Burton
July 31, 2024≤ $50,000 receipts––e-Postcard

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 93-1647381).

Questions about D70 FOUNDATION FOR EXCELLENCE INC

What is the EIN of D70 FOUNDATION FOR EXCELLENCE INC?
The employer identification number (EIN) of D70 FOUNDATION FOR EXCELLENCE INC is 93-1647381.
Is D70 FOUNDATION FOR EXCELLENCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to D70 FOUNDATION FOR EXCELLENCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does D70 FOUNDATION FOR 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 D70 FOUNDATION FOR EXCELLENCE INC 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 D70 FOUNDATION FOR EXCELLENCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of D70 FOUNDATION FOR EXCELLENCE INC?
The 990 for the year ended July 31, 2025 names Holland Burton.
Who are the officers and directors of D70 FOUNDATION FOR EXCELLENCE INC?
The 990 for the year ended July 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $75,000 (Holland Burton, President).
How much revenue does D70 FOUNDATION FOR EXCELLENCE INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $216,453, expenses of $161,095 and total assets of $62,799 at year end.

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