Civic Intelligence

Elastic Arts Foundation

990 • Fiscal year 2020 • EIN 02-0645505

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 14, 2021

Organization Profilewww.elasticarts.org
3429 W Diversey AveChicago, IL 60647

(773) 772-3616

Siviq Scores

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

Liabilities / Assets

74th percentile

0.10x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

75th percentile

0.09x

Higher debt load relative to revenue than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

18th percentile

-28%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$49,375

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 25.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-47%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$172,201

Down $38,726 (-18%) from 2019

Net Assets

Down

$155,766

Down $53,328 (-26%) from 2019

Liabilities

Up

$16,435

Up $14,602 (+797%) from 2019

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin18th percentile

Revenue

Down

$192,957

Down $168,605 (-47%) from 2019

Expenses

Down

$246,285

Down $7,265 (-2.9%) from 2019

Net Income

Down

-$53,328

Down $161,340 (-149%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$1.0M$500K$0Assets 2011: $23,045Liabilities 2011: $1,7002011Assets 2013: $144,424Liabilities 2013: $22,259Net Assets 2013: $122,1652013Assets 2014: $35,895Liabilities 2014: $2,950Net Assets 2014: $32,9452014Assets 2015: $192,130Liabilities 2015: $2,950Net Assets 2015: $189,1802015Assets 2016: $139,116Liabilities 2016: $3,3192016Assets 2017: $108,865Liabilities 2017: $2,2172017Assets 2018: $93,160Liabilities 2018: $3,237Net Assets 2018: $89,9232018Assets 2019: $210,927Liabilities 2019: $1,833Net Assets 2019: $209,0942019Assets 2020: $172,201Liabilities 2020: $16,435Net Assets 2020: $155,7662020Assets 2021: $286,304Liabilities 2021: $70,143Net Assets 2021: $216,1612021Assets 2022: $287,059Liabilities 2022: $13,498Net Assets 2022: $273,5612022Assets 2023: $437,195Liabilities 2023: $24,740Net Assets 2023: $412,4552023Assets 2024: $361,411Liabilities 2024: $12,667Net Assets 2024: $348,7442024Assets 2025: $842,518Liabilities 2025: $374,042Net Assets 2025: $468,4762025

Highlighted filing

2020

Assets$172,201
Liabilities$16,435
Net Assets$155,766
Open 2020 Filing

Operations Trend

Revenue Growth24th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $68,018Expenses 2011: $72,153Net Income 2011: -$4,1352011Revenue 2013: $358,108Expenses 2013: $327,639Net Income 2013: $30,4692013Revenue 2014: $222,111Expenses 2014: $311,331Net Income 2014: -$89,2202014Revenue 2015: $371,366Expenses 2015: $215,131Net Income 2015: $156,2352015Revenue 2016: $151,467Expenses 2016: $204,850Net Income 2016: -$53,3832016Revenue 2017: $189,379Expenses 2017: $218,528Net Income 2017: -$29,1492017Revenue 2018: $229,630Expenses 2018: $246,355Net Income 2018: -$16,7252018Revenue 2019: $361,562Expenses 2019: $253,550Net Income 2019: $108,0122019Revenue 2020: $192,957Expenses 2020: $246,285Net Income 2020: -$53,3282020Revenue 2021: $320,540Expenses 2021: $261,886Net Income 2021: $58,6542021Revenue 2022: $470,759Expenses 2022: $413,359Net Income 2022: $57,4002022Revenue 2023: $627,092Expenses 2023: $488,198Net Income 2023: $138,8942023Revenue 2024: $508,476Expenses 2024: $572,187Net Income 2024: -$63,7112024Revenue 2025: $600,713Expenses 2025: $480,981Net Income 2025: $119,7322025

Highlighted filing

2020

Revenue$192,957
Expenses$246,285
Net Income-$53,328
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 14, 2021
Return Version
2019v5.0
Gross Receipts
$192,957
Mission and Program Overview

Mission

Elastic Arts fosters a community of musicians and artists in the Avondale/Logan Square neighborhood of Chicago by developing and presenting creative and independent music, art, and performance events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$133,510$123,396▼ $10,114
Pledges and Grants Receivable$45,100$26,820▼ $18,280
Land, Buildings, and Equipment, Net$27,380$17,480▼ $9,900
Accounts Receivable$1,937$0▼ $1,937
Prepaid Expenses and Deferred Charges-$1,505-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$210,927$172,201▼ $38,726
Other Assets Total$3,000$3,000→ $0
Liabilities
Unsecured Notes Loans Payable-$13,400-
Accounts Payable and Accrued Expenses$1,831$3,033▲ $1,202
Other Liabilities$2$2→ $0
Total Liabilities$1,833$16,435▲ $14,602
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$95,361$92,997▼ $2,364
Net Assets With Donor Restrictions$113,733$62,769▼ $50,964
Total Net Assets Fund Balance$209,094$155,766▼ $53,328
Total Liabilities and Net Assets / Fund Balance$210,927$172,201▼ $38,726

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,700$10,936$27,636
Other Land Buildings$780$13,560$14,340
Leasehold Improvements-$14,158$14,158
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Adam ZanoliniExecutive DirectorFT$49,375$49,375

Board Members and Trustees

NameTitle
David RempisPresident
Aaron RodgersTrustee
Cameron PfiffnerTrustee
Cristal SabbaghTrustee
Irmi Maunu-KocianTrustee
Jason GuthartzTrustee
Katinka KleijnTrustee
Latoya HunterTrustee
Daniel F SchwarzloseSecretary
Trea FotidzisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$137,000
Program Service Revenue
$55,957
Investment Income
$0
Other Revenue
$0
All Other Contributions
$125,000
Change in Net Assets
$-53,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,085
Salaries, Compensation, and Employee Benefits$76,200
Total Fundraising Expense$3,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$87,771$4,335-$92,106
Current Officers, Directors, Trustees, and Key Employees$41,969$4,937$2,469$49,375
Occupancy$29,075$5,415-$34,490
Other Salaries and Wages$18,274--$18,274
Depreciation Depletion$8,414$990$495$9,899
Payroll Taxes$5,375$451$225$6,051
Travel$5,924--$5,924
Insurance$2,251$2,119-$4,370
Other Employee Benefits$2,125$250$125$2,500
All Other Expenses-$2,261-$2,261
Advertising$2,089--$2,089
Other Expenses$1,113$916-$916
Total Functional Expenses$219,095$23,876$3,314$246,285
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The board reviews the 990 prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Conflicts of interests are addressed as they arise.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Board sets management compensation levels.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Board sets management officer or key employee compensation levels.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The 990 can be acquired through the IL Attorney General and the Guidestar.org websites.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Elastic Arts Foundation
EIN
02-0645505
Phone
7737723616
Address
3429 W Diversey Ave, Chicago, IL 60647

Signing Officer

Name
David Rempis
Title
President
Signed
2021-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Rempis
Formed
2002
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
10

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
564 W RANDOLPH STREET SUITE 200, CHICAGO, IL 60661
Preparer
Abdullah Khan
Phone
3129985500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.”

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IRS990/Desc01) Development and maintenance of ChicagoMusic.org web-site. This web-site promotes local concerts, musicians, and organizations, in order to grow audiences and build a network for collaborative support for Chicago's many independent live music ecosystems. 2) Production and presentation of approximately 150 music concerts, performances, and arts events, open to the general public. 3) Rental of performance space to local artists for a nominal fee.
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IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Elastic Arts fosters a community of musicians and artists in the Avondale/Logan Square neighborhood of Chicago by developing and presenting creative and independent music, art, and performance events.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0209094
IRS990/NetAssetsOrFundBalancesEOYAmt0155766
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt095361
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt092997
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05415
IRS990/OccupancyGrp/ProgramServicesAmt029075
IRS990/OccupancyGrp/TotalAmt034490
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03000
IRS990/OtherAssetsTotalGrp/EOYAmt03000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0125
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0250
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02125
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02500
IRS990/OtherExpensesGrp/Desc0Instruments and Equipment
IRS990/OtherExpensesGrp/Desc1Hospitality
IRS990/OtherExpensesGrp/Desc2Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc3Bank Service Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02202
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1916
IRS990/OtherExpensesGrp/ProgramServicesAmt013804
IRS990/OtherExpensesGrp/ProgramServicesAmt1911
IRS990/OtherExpensesGrp/ProgramServicesAmt21113
IRS990/OtherExpensesGrp/TotalAmt013804
IRS990/OtherExpensesGrp/TotalAmt13113
IRS990/OtherExpensesGrp/TotalAmt21113
IRS990/OtherExpensesGrp/TotalAmt3916
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt02
IRS990/OtherLiabilitiesGrp/EOYAmt02
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018274
IRS990/OtherSalariesAndWagesGrp/TotalAmt018274
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0225
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0451
IRS990/PayrollTaxesGrp/ProgramServicesAmt05375
IRS990/PayrollTaxesGrp/TotalAmt06051
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt045100
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt026820
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01505
IRS990/PrincipalOfficerNm0David Rempis
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/BusinessCd1711190
IRS990/ProgramServiceRevenueGrp/Desc0Shows and Performances
IRS990/ProgramServiceRevenueGrp/Desc1Venue Rental
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt042235
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113722
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113722
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0227875
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0177549
IRS990/PYOtherRevenueAmt08167
IRS990/PYProgramServiceRevenueAmt0125520
IRS990/PYRevenuesLessExpensesAmt0108012
IRS990/PYSalariesCompEmpBnftPaidAmt076001
IRS990/PYTotalExpensesAmt0253550
IRS990/PYTotalRevenueAmt0361562
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-53328
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt055957
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0137000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0227875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt075723
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt046161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0528584
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0595850
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt090
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04328
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010118
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65580
IRS990ScheduleA/PublicSupportPY170Pct00.71880
IRS990ScheduleA/PublicSupportTotal170Amt0353276
IRS990ScheduleA/SubstantialContributorsTotAmt0175308
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0137000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0227875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt075723
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt046161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt041825
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0528584
IRS990ScheduleA/TotalSupportAmt0538702
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt016700
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010936
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027636
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt014158
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014158
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0780
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013560
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017480
IRS990ScheduleD/TotalLiabilityAmt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board reviews the 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflicts of interests are addressed as they arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board sets management compensation levels.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board sets management officer or key employee compensation levels.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The 990 can be acquired through the IL Attorney General and the Guidestar.org websites.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$172,201
Liabilities
$16,435
Net assets
$155,766
Revenue
$192,957
Expenses
$246,285
Net income
-$53,328
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.43$3.74$4.68$6.01$4.81$1.20
2024Detailed filing. Detailed filing data is available for this year.$3.61$0.13$3.49$5.08$5.72$0.64
2023Detailed filing. Detailed filing data is available for this year.$4.37$0.25$4.12$6.27$4.88$1.39
2022Detailed filing. Detailed filing data is available for this year.$2.87$0.13$2.74$4.71$4.13$0.57
2021Detailed filing. Detailed filing data is available for this year.$2.86$0.70$2.16$3.21$2.62$0.59
2020Detailed filing. Detailed filing data is available for this year.$1.72$0.16$1.56$1.93$2.46$0.53
2019Detailed filing. Detailed filing data is available for this year.$2.11$0.02$2.09$3.62$2.54$1.08
2018Detailed filing. Detailed filing data is available for this year.$0.93$0.03$0.90$2.30$2.46$0.17
2017Summary only. Only limited summary data is available for this year.$1.09$0.02$1.89$2.19$0.29
2016Summary only. Only limited summary data is available for this year.$1.39$0.03$1.51$2.05$0.53
2015Summary only. Only limited summary data is available for this year.$1.92$0.03$1.89$3.71$2.15$1.56
2014Summary only. Only limited summary data is available for this year.$0.36$0.03$0.33$2.22$3.11$0.89
2013Summary only. Only limited summary data is available for this year.$1.44$0.22$1.22$3.58$3.28$0.30
2011Summary only. Only limited summary data is available for this year.$0.23$0.02$0.68$0.72$0.04