Civic Intelligence

Bonfield Express Foundation Nft

990 • Fiscal year 2023 • EIN 01-0812774

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 12, 2024

PO Box 773Downers Grove, IL 60515

(630) 964-9549

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $178,769 (-100%) from 2022

Net Assets

Down

$0

Down $178,769 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$0

Down $1,272 (-100%) from 2022

Expenses

Down

$178,769

Down $41,783 (-19%) from 2022

Net Income

Up

-$178,769

Up $40,511 (+18%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $376,948Liabilities 2011: $0Net Assets 2011: $376,9482011Assets 2012: $446,086Liabilities 2012: $0Net Assets 2012: $446,0862012Assets 2013: $506,227Liabilities 2013: $0Net Assets 2013: $506,2272013Assets 2014: $525,804Liabilities 2014: $0Net Assets 2014: $525,8042014Assets 2015: $578,655Liabilities 2015: $0Net Assets 2015: $578,6552015Assets 2016: $635,629Liabilities 2016: $0Net Assets 2016: $635,6292016Assets 2017: $671,673Liabilities 2017: $0Net Assets 2017: $671,6732017Assets 2018: $697,431Liabilities 2018: $0Net Assets 2018: $697,4312018Assets 2019: $719,373Liabilities 2019: $0Net Assets 2019: $719,3732019Assets 2020: $648,310Liabilities 2020: $0Net Assets 2020: $648,3102020Assets 2021: $489,828Liabilities 2021: $0Net Assets 2021: $489,8282021Assets 2022: $178,769Liabilities 2022: $0Net Assets 2022: $178,7692022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2011: $143,631Expenses 2011: $82,313Net Income 2011: $61,3182011Revenue 2012: $169,357Expenses 2012: $100,219Net Income 2012: $69,1382012Revenue 2013: $179,363Expenses 2013: $119,222Net Income 2013: $60,1412013Revenue 2014: $162,903Expenses 2014: $143,327Net Income 2014: $19,5762014Revenue 2015: $184,568Expenses 2015: $131,717Net Income 2015: $52,8512015Revenue 2016: $201,643Expenses 2016: $144,668Net Income 2016: $56,9752016Revenue 2017: $203,352Expenses 2017: $167,308Net Income 2017: $36,0442017Revenue 2018: $203,516Expenses 2018: $177,759Net Income 2018: $25,7572018Revenue 2019: $210,328Expenses 2019: $188,385Net Income 2019: $21,9432019Revenue 2020: $69,578Expenses 2020: $140,642Net Income 2020: -$71,0642020Revenue 2021: $12,529Expenses 2021: $171,011Net Income 2021: -$158,4822021Revenue 2022: $1,272Expenses 2022: $220,552Net Income 2022: -$219,2802022Revenue 2023: $0Expenses 2023: $178,769Net Income 2023: -$178,7692023

Highlighted filing

2023

Revenue$0
Expenses$178,769
Net Income-$178,769
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 12, 2024
Return Version
2023v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

The Foundation raises money for the purpose of awarding scholarships to area High School graduating Seniors based on character and commitment to community. In addition, the Foundation awards monies to local schools to recognize students that demonstrate love of learning and character. The Foundation did not fund raise in 2022 because it plans to be dissolved at the end of 2023.

The Foundation raises money and awards it to area High School graduating Seniors based on character and commitment to community. In addition, the Foundation awards monies to each school in the local elementary districts to recognize students for their love of learning and character. The Foundation did not fund raise in 2023 because it will dissolve at the end of 2023.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$178,769$0▼ $178,769
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0--
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$178,769$0▼ $178,769
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$178,769$0▼ $178,769
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$178,769$0▼ $178,769
Total Liabilities and Net Assets / Fund Balance$178,769$0▼ $178,769
Compensation and Service Providers

Board Members and Trustees

NameTitle
Annette BonfieldPresident
James BonfieldVice President
Daniel CozzoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-178,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$178,000
Other Expenses$769
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$178,000--$178,000
All Other Expenses$769$0$0$769
Total Functional Expenses$178,769$0$0$178,769
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The Vice President, Jim Bonfield, is the son of Annette Bonfield, the President.

Form 990, Part VI, Section B, Line 11B

Since the Bonfield Express Foundation was dissolved as of December 31,2023 and Form 990 is not filed until February of 2024, there was no opportunity to share the document with former members of the Foundation.

Form 990, Part VI, Section C, Line 19

Form 990 would be made available to individuals or an agency upon written request.

Filing and Contact Details

Filer

Filer Name
Bonfield Express Foundation Nft
EIN
01-0812774
Phone
6309649549
Address
PO Box 773, Downers Grove, IL 60515

Signing Officer

Name
Daniel Cozzo
Title
Treasurer
Phone
6309649549
Signed
2024-02-12

Organization Details

Principal Officer
Annette Bonfield
Formed
2004
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0
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IRS990/Desc0The only event of the Foundation used to be a 5k Race/Walk on Thanksgiving Day Morning. This was the source of the Foundation's money. The Foundation did not hold that event in 2023 and will no longer sponsor said event. In April of 2023, the Foundation awarded scholarships to area High School graduating Seniors based on their character and commitment to community. In addition, the Foundation awards monies to local area elementary schools to recognize students that demonstrate love of learning and character. The Foundation has given away the rest of it's money and subsequently is dissolving the Foundation at that time.
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IRS990/Form990PartVIISectionAGrp/PersonNm1James Bonfield
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IRS990/MissionDesc0The Foundation raises money for the purpose of awarding scholarships to area High School graduating Seniors based on character and commitment to community. In addition, the Foundation awards monies to local schools to recognize students that demonstrate love of learning and character. The Foundation did not fund raise in 2023 because it will be dissolved at the end of 2023.
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178769
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt057415
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0198950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0258440
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01272
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010454
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011377
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035266
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87993
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0258440
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt057415
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0198950
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0258440
IRS990ScheduleA/TotalSupportAmt0293706
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt13000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt32000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Cash Scholarships for graduating High School Seniors
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Cash Assistance for High School Special Education Departments
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Cash Assistance to Elementary Schools that recognize students.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Cash Assistance to The Adult Day Care Center in Downers Grove
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt10
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt20
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt30
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt075
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt220
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Essay
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1Report Back
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2Report Back
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation has established a committee to select scholarship winners for high school graduating seniors, based on written criteria posted on the website. The funds are intended to be used for aiding the recipient's college expenses. Once the award is given, the Foundation does not make further inquiries as to how the funds are actually spent. In addition, the Foundation grants monies to the Special Education Departments at the two local High Schools to defer the cost of their Spring Trip. All monies are used to benefit students directly. The Foundation also grants monies to Elementary aged students who demonstrate love of Learning, hard work and/or commitment to community.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0The only assets that the Bonfield Express Foundation had was cash as already stated.
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0The Bonfield Express Foundation
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02023-12-31
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0010812774
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0178769
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV was cash.
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0PO Box 773
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Downers Grove
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0IL
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd060515
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0The only assets the Bonfield Express Foundation had was cash. All cash was distributed as already stated. The attached upload contains a Termination Document that states the names of the 75 Students that received scholarships, the two Elementary schools that received grants, the Special Education Departments that received grants and the Adult Day care that received assistance.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0The Bonfield Express Foundation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0010812774
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0178796

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.79$1.79
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$0.01$2.21$2.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.00$4.90$0.13$1.71$1.58
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.48$0.00$6.48$0.70$1.41$0.71
2019Summary only. Only limited summary data is available for this year.$7.19$0.00$7.19$2.10$1.88$0.22
2018Summary only. Only limited summary data is available for this year.$6.97$0.00$6.97$2.04$1.78$0.26
2017Summary only. Only limited summary data is available for this year.$6.72$0.00$6.72$2.03$1.67$0.36
2016Summary only. Only limited summary data is available for this year.$6.36$0.00$6.36$2.02$1.45$0.57
2015Summary only. Only limited summary data is available for this year.$5.79$0.00$5.79$1.85$1.32$0.53
2014Summary only. Only limited summary data is available for this year.$5.26$0.00$5.26$1.63$1.43$0.20
2013Summary only. Only limited summary data is available for this year.$5.06$0.00$5.06$1.79$1.19$0.60
2012Summary only. Only limited summary data is available for this year.$4.46$0.00$4.46$1.69$1.00$0.69
2011Summary only. Only limited summary data is available for this year.$3.77$0.00$3.77$1.44$0.82$0.61