2025-05-12T16:10:26-05:00 2024-06-30 463579543 ODONI PARTNERS LLC 2200 52ND SUITE 2 MOLINE IL 61265 990 2023-07-01 364439179 FREE ENTERPRISE FOUNDATION INC FREE 3097361630 800 12TH AVENUE MOLINE IL 61265 JAMES DOUGAL NELSON PRESIDENT 3097361630 2025-05-12 1 0 DANTE ODONI P00002697 3095247100 2023 2025-03-06 01:10:19Z JAMES DOUGAL NELSON 800 12TH AVENUE MOLINE IL 61265 187175 0 X N/A X 2000 IA THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. ENDOWMENT GIVING OPPORTUNITIES THAT WILL ADD STABILITY AND LONG-RANGE GROWTH. 5 5 0 0 0 0 306015 69371 0 0 123206 117804 0 0 429221 187175 109964 322581 0 0 0 0 0 0 0 12635 8858 122599 331439 306622 -144264 4038701 4675496 0 322581 4038701 4352915 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. ENDOWMENT GIVING OPPORTUNITIES THAT WILL ADD STABILITY AND LONG-RANGE GROWTH. 0 0 327359 322581 THE ORGANIZATION PROVIDED GRANTS TO JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. TO SUPPORT OPERATIONS AND PROGRAMS TO EDUCATE AND INSPIRE CHILDREN TO VALUE FREE ENTERPRISE, BUSINESS AND ENCONOMICS TO IMPROVE THE QUALITY OF THEIR LIVES. 327359 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X JAMES DOUGAL NELSON 3097361630 800 12TH AVENUE MOLINE IL 61265 JIM WATSON VICE-CHAIR 1.00 X X 0 0 0 JAMES DOUGAL NELSON SECETARY 1.00 X X 0 137723 5000 SHEILA VOLRATH CHAIR 1.00 X X 0 0 0 TOM VICTOR DIRECTOR 1.00 X 0 0 0 LANCE HEUER DIRECTOR 1.00 X 0 0 0 RYAN WEBER DIRECTOR 1.00 X 0 0 0 0 137723 5000 0 0 0 0 0 69371 69371 117804 117804 187175 0 0 117804 322581 322581 4080 4080 PROGRAM AND SUPPORT FEE 4778 4778 331439 327359 4080 0 154310 1845 186015 215386 3698376 4458265 4038701 4675496 322581 0 322581 X 3837292 4137529 201409 215386 4038701 4352915 4038701 4675496 -144264 458478 0 X X 0 1 X 1 0 X X 1 JUNIOR ACHIEVEMENT OF THE HEARTLAND 362684253 7 1 322581 0 1 322581 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 PART IV, SECTION E, LINE 2A - EXPLANATION OF SUPPORTED ORG'S THE ORGANIZATION'S PRIMARY PURPOSE IS TO OBTAIN, MAINTAIN AND MANAGE FUNDS FOR THE EXCLUSIVE BENEFIT OF THE JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. THE ORGANIZATION'S ACTIVITIES CONSISTED OF MANAGING INVESTMENTS MAINTAINED FOR THE EXCLUSIVE BENEFIT OF THE JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. THE ORGANIZATION PROVIDES SUPPORT TO JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. THROUGH ANNUAL CONTRIBUTIONS TO SUPPORT PROGRAMS TO EDUCATE AND INSPIRE CHILDREN TO VALUE FREE ENTERPRISE, BUSINESS AND ECONOMICS TO IMPROVE THE QUALITY OF THEIR LIVES AS REQUIRED BY ITS GOVERNING DOCUMENTS. THE EXECUTIVE ADMINISTRATOR OF JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. IS A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS. THE ORGANIZATION'S BOARD OF DIRECTORS AND THE SUPPORTED ORGANIZATION'S BOARD OF DIRECTORS HAVE ACCESS TO EACH OTHER'S FINANCIAL REPORTING INFORMATION AND THUS HAVE DIRECT KNOWLEDGE OF EACH OTHER'S ACTIVITIES. PART IV, SECTION E, LINE 2B - EXPLANATION OF ORGANIZATION'S POSITION THE ORGANIZATION WAS FORMED VIA A TRANSFER OF INVESTMENTS THAT WERE HELD AND DESIGNATED FOR THE ENDOWMENT FUND WITHIN JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. BUT FOR THE ORGANIZATION'S INVESTMENT AND ENDOWMENT MANAGEMENT, JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. WOULD MANAGE THE ENDOWMENT FUND INVESTMENTS DIRECTLY. THE ORGANIZATION MAKES ANNUAL CONTRIBUTIONS SOLELY TO JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. AS REQUIRED BY ITS GOVERNING DOCUMENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 645653 458478 458478 187175 0 187175 331439 0 331439 0 331439 PART X, LINE 2: THE FOUNDATION HAS RECEIVED NOTIFICATION THAT IT QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND THE CORRESPONDING PROVISIONS OF STATE LAW AND ACCORDINGLY IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE FOUNDATION EVALUATES THE TAX BENEFITS OF A TAX POSITION USING THE "MORE LIKELY THAN NOT" THRESHOLD. AS OF JUNE 30, 2024, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS AND RELATED TAX BENEFITS WHICH WOULD BE MATERIAL TO THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION FILES A U.S. FEDERAL INFORMATION RETURN WHICH FOR FISCAL YEARS SUBSEQUENT TO 2017 ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 1 JUNIOR ACHIEVEMENT OF THE HEARTLAND 800 12TH AVE MOLINE IL 61265 362684253 501(C)(3) 322581 0 FMV PROGRAM ASSISTANCE AND NEW FACILITY CONSTRUCTION FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS DRAFTED POLIICIES RELATING TO CONFLICTS OF INTEREST, RECORD RETENTION, AND WHISTLEBLOWER FOR REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. THESE POLICIES ARE EXPECTED TO BE FINALIZED AND EFFECTIVE FOR THE ORGANIZATION'S 2025 FISCAL YEAR END. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ANNUAL REPORT IS READILY AVAILABLE TO THOSE WHO REQUEST IT AND IS AVAILABLE ON ANOTHER'S WEBSITE. REQUESTS FOR OTHER GOVERNING DOCUMENTS, BOARD POLICIES, AND FINANCIAL INFORMATION TO THE PUBLIC ARE HANDLED ON A CASE BY CASE BASIS. FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS FOR AUDIT OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR. JUNIOR ACHIEVEMENT OF THE HEARTLAND 800 12TH AVE MOLINE IL 61265 362684253 EDUCATION IA 501 (C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JUNIOR ACHEIVEMENT OF THE HEARTLAND B 322581 FMV