Civic Intelligence

The First Spoke Foundation

990 • Fiscal year 2022 • EIN 20-0894628

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 27, 2023

30 South Wells Street 4049Chicago, IL 60606

(312) 357-4790

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.96x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

1.66x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

2nd percentile

-188%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

95th percentile

$481,767

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

4th percentile

-23%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

711%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$7,771,209

Down $2,353,204 (-23%) from 2021

Net Assets

Down

$342,559

Down $8,753,254 (-96%) from 2021

Liabilities

Up

$7,428,650

Up $6,400,050 (+622%) from 2021

Revenue

Up

$4,480,404

Up $3,927,736 (+711%) from 2021

Expenses

Up

$12,896,988

Up $8,434,969 (+189%) from 2021

Net Income

Down

-$8,416,584

Down $4,507,233 (-115%) from 2021

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $16,667,201Liabilities 2011: $2,078,100Net Assets 2011: $14,589,1012011Assets 2012: $16,007,570Liabilities 2012: $1,928,076Net Assets 2012: $14,079,4942012Assets 2013: $16,130,124Liabilities 2013: $728,150Net Assets 2013: $15,401,9742013Assets 2014: $17,968,551Liabilities 2014: $338,685Net Assets 2014: $17,629,8662014Assets 2015: $17,524,953Liabilities 2015: $1,263,200Net Assets 2015: $16,261,7532015Assets 2016: $15,628,282Liabilities 2016: $803,440Net Assets 2016: $14,824,8422016Assets 2017: $16,035,797Liabilities 2017: $279,165Net Assets 2017: $15,756,6322017Assets 2018: $16,234,241Liabilities 2018: $348,540Net Assets 2018: $15,885,7012018Assets 2019: $16,161,369Liabilities 2019: $973,600Net Assets 2019: $15,187,7692019Assets 2020: $12,394,193Liabilities 2020: $1,128,957Net Assets 2020: $11,265,2362020Assets 2021: $10,124,413Liabilities 2021: $1,028,600Net Assets 2021: $9,095,8132021Assets 2022: $7,771,209Liabilities 2022: $7,428,650Net Assets 2022: $342,5592022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$7,771,209
Liabilities$7,428,650
Net Assets$342,559

Operations Trend

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

$20M$10M$0-$10MRevenue 2011: $796,025Expenses 2011: $2,022,715Net Income 2011: -$1,226,6902011Expenses 2012: $570,6482012Expenses 2013: $188,1502013Revenue 2014: $380,037Expenses 2014: $463,685Net Income 2014: -$83,6482014Revenue 2015: $887,625Expenses 2015: $1,547,681Net Income 2015: -$660,0562015Revenue 2016: $291,323Expenses 2016: $904,756Net Income 2016: -$613,4332016Revenue 2017: $404,759Expenses 2017: $580,172Net Income 2017: -$175,4132017Revenue 2018: $1,582,960Expenses 2018: $1,169,587Net Income 2018: $413,3732018Revenue 2019: $729,091Expenses 2019: $1,336,924Net Income 2019: -$607,8332019Revenue 2020: $816,273Expenses 2020: $4,627,649Net Income 2020: -$3,811,3762020Revenue 2021: $552,668Expenses 2021: $4,462,019Net Income 2021: -$3,909,3512021Revenue 2022: $4,480,404Expenses 2022: $12,896,988Net Income 2022: -$8,416,5842022Revenue 2023: $2,372,693Expenses 2023: $3,316,894Net Income 2023: -$944,2012023

Highlighted filing

2022

Revenue$4,480,404
Expenses$12,896,988
Net Income-$8,416,584
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 27, 2023
Return Version
2021v4.2
Gross Receipts
$4,480,404
Mission and Program Overview

Mission

The Foundation is organized to foster, promote, support, develop, encourage and maintain the broad charitable, educational, and/or religious purpose of the Jewish Federation of Metropolitan Chicago and the Foundation as authorized in their by-laws.

The foundation is organized to foster, promote, support, develop, encourage and maintain the broad charitable, educational and/or religious purposes of, the Jewish Federation of Metropolitan Chicago and the foundation as authorized in their by-laws.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$9,431,345$7,771,194▼ $1,660,151
Rtn Earn Endowment Incm Other Fnds$9,095,813$342,559▼ $8,753,254
Savings and Temporary Cash Investments$693,068$15▼ $693,053
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$10,124,413$7,771,209▼ $2,353,204
Liabilities
Grants Payable$1,025,000$7,425,000▲ $6,400,000
Accounts Payable and Accrued Expenses$3,600$3,650▲ $50
Total Liabilities$1,028,600$7,428,650▲ $6,400,050
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,095,813$342,559▼ $8,753,254
Total Liabilities and Net Assets / Fund Balance$10,124,413$7,771,209▼ $2,353,204

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$7,771,194--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael J KrasnyPresident
Adam LevineVice President
Rose JagustAssistant Secretary
Boaz BlumovitzAssistant Treasurer
James A PinkstonAssistant Treasurer
Wendy Berger ShapiroSecretary
Lonnie NasatirTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,154,382
Program Service Revenue
$0
Investment Income
$326,022
Other Revenue
$0
All Other Contributions
$4,154,382
Change in Net Assets
$-8,416,584

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$4,154,382Fair Market Value (FMV)
Total Noncash Contributions1$4,154,382-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,861,250
Other Expenses$35,738
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$12,861,250--$12,861,250
Fees for Service Investment Mgmnt Fees-$32,078-$32,078
Fees for Services Accounting-$3,650-$3,650
Other Expenses-$10-$10
Total Functional Expenses$12,861,250$35,738$0$12,896,988
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Illinois FoundationUrbana, IL501(c)(3)General Operating Support$5,250,000
The ARKChicago, IL501(c)(3)General Operating Support$3,750,000
Jewish Federation of Metropolitan ChicagoChicago, IL501(c)(3)General Operating Support$835,000
Birthright Israel FoundationNew York, NY501(c)(3)General Operating Support$550,000
Carbon Mapper IncPasadena, CA501(c)(3)General Operating Support$500,000
Rockefeller Philanthropy AdvisorsNew York, NY501(c)(3)General Operating Support$500,000
The Jewish Federations of North AmericaNew York, NY501(c)(3)General Operating Support$400,000
Michael Reese Health TrustElgin, IL501(c)(3)General Operating Support$225,000
United States Energy FoundationSan Francisco, CA501(c)(3)General Operating Support$150,000
Heartland Alliance for Human Needs & Human RightsChicago, IL501(c)(3)General Operating Support$110,000
Chicago Children's Advocacy CenterChicago, IL501(c)(3)General Operating Support$100,000
Everytown for Gun Safety Support FundNew York, NY501(c)(3)General Operating Support$100,000
Lake County Community FoundationChicago, IL501(c)(3)General Operating Support$100,000
Resource Media A Nonprofit CorporationBeaverton, OR501(c)(3)General Operating Support$100,000
Jewish Community Centers of Chicago JCCNorthbrook, IL501(c)(3)General Operating Support$77,500
Comp-U-DoptHouston, TX501(c)(3)General Operating Support$35,000
Chicago Community FoundationChicago, IL501(c)(3)General Operating Support$25,000
Access Living of Metropolitan ChicagoChicago, IL501(c)(3)General Operating Support$20,000
United Way of Lake CountyMentor, OH501(c)(3)General Operating Support$20,000
Dion's Chicago Dream Inc NFPMatteson, IL501(c)(3)General Operating Support$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Michael Kransy and Adam Levine have a family and business relationship.

Form 990, Part VI, Section A, line 6

The by-laws stipulate that members of the Foundation are divided into two classes: the donor member and the publicly supported organization member, which is the Jewish Federation of Metropolitan Chicago.

Form 990, Part VI, Section A, line 7A

The board of directors consists of 3 total persons, 1 of whom is elected by the donor member and 2 of whom are elected by the publicly supported organization member pursuant to its established procedures.

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

The voting members of the governing body reviewed the Form 990 prior to filing with the IRS.

Form 990, Part VI, Section B, line 12C

A conflict of interest questionnaire is circulated to all board members on an annual basis. This process is managed by the Foundation's Secretary who ensures all questionnaires are completed. The completed questionnaires are reviewed and any conflicts are disclosed to the board of directors. If a director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter.

Form 990, Part VI, Section C, line 19

Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
The First Spoke Foundation
EIN
20-0894628
Phone
3123574790
Address
30 South Wells Street 4049, Chicago, IL 60606

Signing Officer

Name
James A Pinkston
Title
Assistant Treasurer
Phone
3123574790
Signed
2023-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rose Jagust
Formed
2004
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Rsm US Llp
Address
30 S Wacker Drive Suite 3300, Chicago, IL 60606-3392
Preparer
Monica Funk
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Rescinded Grants 909,246.

Financial Statement Notes

Part X, Line 2:

The First Spoke Foundation (the Foundation) is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. At June 30, 2022, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files Form 990 in the U.S. federal jurisdiction and the State of Illinois. The Foundation is generally no longer subject to examination by the Internal Revenue Service for years before 2019.

Raw XML AppendixShowing 400 of 1,210 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03600
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03650
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The foundation is organized to foster, promote, support, develop, encourage and maintain the broad charitable, educational and/or religious purposes of, the Jewish Federation of Metropolitan Chicago and the foundation as authorized in their by-laws.
IRS990/AllOtherContributionsAmt04154382
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Peter Chiswick
IRS990/BooksInCareOfDetail/PhoneNum03124442814
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt030 South Wells Street Suite 4049
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04154382
IRS990/CYGrantsAndSimilarPaidAmt012861250
IRS990/CYInvestmentIncomeAmt0326022
IRS990/CYOtherExpensesAmt035738
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-8416584
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt012896988
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04480404
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The Foundation makes grants to charitable organizations, all of which meet the guidelines of the by-laws of the Foundation and the charter of the Jewish Federation of Metropolitan Chicago. All of these organizations are exempt under IRC Section 501(c)(3).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt012861250
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03650
IRS990/FeesForServicesAccountingGrp/TotalAmt03650
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt032078
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt032078
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt049.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt349.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt449.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt539.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt031655
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt325117
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt436845
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt556817
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Lonnie Nasatir
IRS990/Form990PartVIISectionAGrp/PersonNm1Michael J Krasny
IRS990/Form990PartVIISectionAGrp/PersonNm2Wendy Berger Shapiro
IRS990/Form990PartVIISectionAGrp/PersonNm3Boaz Blumovitz
IRS990/Form990PartVIISectionAGrp/PersonNm4James A Pinkston
IRS990/Form990PartVIISectionAGrp/PersonNm5Rose Jagust
IRS990/Form990PartVIISectionAGrp/PersonNm6Adam Levine
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0450112
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3339676
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4293232
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5188546
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Assistant Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Assistant Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0315828
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt012861250
IRS990/GrantsPayableGrp/BOYAmt01025000
IRS990/GrantsPayableGrp/EOYAmt07425000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt012861250
IRS990/GrantsToDomesticOrgsGrp/TotalAmt012861250
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0315828
IRS990/GrossReceiptsAmt04480404
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt010194
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010194
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt09431345
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07771194
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Foundation is organized to foster, promote, support, develop, encourage and maintain the broad charitable, educational, and/or religious purpose of the Jewish Federation of Metropolitan Chicago and the Foundation as authorized in their by-laws.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09095813
IRS990/NetAssetsOrFundBalancesEOYAmt0342559
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0315828
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0315828
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1245916
IRS990/NoncashContributionsAmt04154382
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0909246
IRS990/OtherExpensesGrp/Desc0Filing fee
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/OtherExpensesGrp/TotalAmt010
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Rose Jagust
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04412375
IRS990/PYInvestmentIncomeAmt0552668
IRS990/PYOtherExpensesAmt049644
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3909351
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04462019
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0552668
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-8416584
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt09095813
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0342559
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0693068
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgClassDesignatedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Monetary support to supported organizations designated by charitable class or purpose is reported in detail on Schedule I. See Schedule A narratives for additional details.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The Foundation is a supporting organization of Jewish Federation of Metropolitan Chicago (the Federation). The Foundation operates exclusively to foster, support, develop and maintain charitable activities and vital human and educational services by supporting and carrying out the broad charitable, educational, or religious purposes or functions of the Federation. The Foundation supports the charitable purpose of the Federation by making grants to charitable organizations that operate exclusively to perform the functions or to carry out the purposes of the Federation.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2Grants made by the Foundation to charitable organizations greater than $5,000 are listed on Schedule I. These supported organizations are designated by class or charitable purpose and support the charitable purposes of the Federation. All these organizations meet the guidelines of the by-laws of the Foundation and the charter of the Federation and are exempt under IRC Section 501(c)(3).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 12g
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part IV, Line 1:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Schedule A, Part IV, Lines 5a and 5b:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0362167761
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0835000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Jewish Federation of Metropolitan Chicago
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0835000
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/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07771194
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Jewish Federation of Metropolitan Chicago Pooled Investment Fund
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The First Spoke Foundation (the Foundation) is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. At June 30, 2022, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files Form 990 in the U.S. federal jurisdiction and the State of Illinois. The Foundation is generally no longer subject to examination by the Internal Revenue Service for years before 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt07771194
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05250000
IRS990ScheduleI/RecipientTable/CashGrantAmt13750000
IRS990ScheduleI/RecipientTable/CashGrantAmt2835000
IRS990ScheduleI/RecipientTable/CashGrantAmt3550000
IRS990ScheduleI/RecipientTable/CashGrantAmt4500000
IRS990ScheduleI/RecipientTable/CashGrantAmt5500000
IRS990ScheduleI/RecipientTable/CashGrantAmt6400000
IRS990ScheduleI/RecipientTable/CashGrantAmt7225000
IRS990ScheduleI/RecipientTable/CashGrantAmt8150000
IRS990ScheduleI/RecipientTable/CashGrantAmt9110000
IRS990ScheduleI/RecipientTable/CashGrantAmt10100000
IRS990ScheduleI/RecipientTable/CashGrantAmt11100000
IRS990ScheduleI/RecipientTable/CashGrantAmt12100000
IRS990ScheduleI/RecipientTable/CashGrantAmt13100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1477500
IRS990ScheduleI/RecipientTable/CashGrantAmt1535000
IRS990ScheduleI/RecipientTable/CashGrantAmt1625000
IRS990ScheduleI/RecipientTable/CashGrantAmt1720000
IRS990ScheduleI/RecipientTable/CashGrantAmt1820000
IRS990ScheduleI/RecipientTable/CashGrantAmt1910000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt130
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt140
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt150
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt160
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt170
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt180
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt190
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18General Operating Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19General Operating Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0University of Illinois Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1The ARK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Jewish Federation of Metropolitan Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Birthright Israel Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Rockefeller Philanthropy Advisors
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Carbon Mapper Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6The Jewish Federations of North America
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Michael Reese Health Trust
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8United States Energy Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Heartland Alliance for Human Needs & Human Rights
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Everytown for Gun Safety Support Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11Chicago Children's Advocacy Center
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12Resource Media A Nonprofit Corporation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13Lake County Community Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14Jewish Community Centers of Chicago JCC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15Comp-U-Dopt
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16Chicago Community Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17Access Living of Metropolitan Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18United Way of Lake County
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19Dion's Chicago Dream Inc NFP
IRS990ScheduleI/RecipientTable/RecipientEIN0376006007
IRS990ScheduleI/RecipientTable/RecipientEIN1237164967
IRS990ScheduleI/RecipientTable/RecipientEIN2362167761
IRS990ScheduleI/RecipientTable/RecipientEIN3134092050
IRS990ScheduleI/RecipientTable/RecipientEIN4133615533
IRS990ScheduleI/RecipientTable/RecipientEIN5853149996
IRS990ScheduleI/RecipientTable/RecipientEIN6131624240
IRS990ScheduleI/RecipientTable/RecipientEIN7362170910
IRS990ScheduleI/RecipientTable/RecipientEIN8831740146
IRS990ScheduleI/RecipientTable/RecipientEIN9361877640
IRS990ScheduleI/RecipientTable/RecipientEIN10261598353
IRS990ScheduleI/RecipientTable/RecipientEIN11364251865
IRS990ScheduleI/RecipientTable/RecipientEIN12820564961
IRS990ScheduleI/RecipientTable/RecipientEIN13203654399
IRS990ScheduleI/RecipientTable/RecipientEIN14362167758
IRS990ScheduleI/RecipientTable/RecipientEIN15261460311
IRS990ScheduleI/RecipientTable/RecipientEIN16363432023
IRS990ScheduleI/RecipientTable/RecipientEIN17363310774
IRS990ScheduleI/RecipientTable/RecipientEIN18341105038
IRS990ScheduleI/RecipientTable/RecipientEIN19852527687
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01305 W Green Street

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings