Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
990EZ • Fiscal year 2021 • EIN 20-1500060
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Assets
Up$335,362
Up $91,726 (+38%) from 2020
Net Assets
Down$211,893
Down $31,743 (-13%) from 2020
Liabilities
Up$123,469
Up $123,469 from 2020
Revenue
Down$8,496
Down $76,866 (-90%) from 2020
Expenses
Down$40,239
Down $38,716 (-49%) from 2020
Net Income
Down-$31,743
Down $38,150 (-595%) from 2020
The secured finance network is the trade group for commercial finance companies, factors, banks and other financing agencies in the asset-based financial services industry on an international, national, regional and local basis. The objectives of the organization are to provide, through discussion and publication, a forum for the consideration of inter- and intra-industry ideas and opportunities; to make available current information on legislation and court decisions relating to asset-based financial services; to improve legal and operational procedures employed by the industry; to furnish to the general public information on the function and significance of the industry in the credit structure of the country; to encourage the association's members, and their person.
Meetings and education of the association
| Description | Grants | Expenses |
|---|---|---|
| SEE STATEMENT OF EXEMPT PURPOSE | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JENNIFER KEMPTON | President | - | $0 | - | - |
| KATHLEEN PARKER | First Vice President | - | $0 | - | - |
| SUSAN DUCKETT | Vice President | - | $0 | - | - |
| TOM BONIFACE | Secretary | - | $0 | - | - |
| ERIC DORNER | Treasurer | - | $0 | - | - |
| ALPESH AMIN | Director | PT | $0 | - | - |
| JACQUELINE HELMRICK CARLSON | Director | PT | $0 | - | - |
| BRENT KUGMAN | Director | PT | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Outing | $45,843 | $45,843 | $51,805 | $-5,962 |
| Cubs Sports Outing | $28,571 | $28,571 | $27,467 | $1,104 |
| Total Events | $74,414 | $74,414 | $79,272 | $-4,858 |
“Description: member & sponsor appreciation . Amount: 8,224. Description: board expenses. Amount: 343. Description: bank and credit card fees. Amount: 2,407. Description: telephone . Amount: 544. Description: online services. Amount: 2,447. Description: meals & entertainment . Amount: 186. Description: educational event expenses . Amount: 5,006. Description: national convention . Amount: 3,122. Description: member events. Amount: 5,649. Total to form 990-ez, line 16: 27,928.”
“Description: accounts receivable . Beg. Of year amount: 0. End of year amount: 51,518.”
“Description: accounts payable . Beg. Of year amount: 0. End of year amount: 1,884. Description: deferred membership and sponsorship 2022 . Beg. Of year amount: 0. End of year amount: 121,585.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CHRIS GLATZ |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8154692935 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 20960 S FRANKFORT SQUARE ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FRANKFORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60423 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 243636 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 283844 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -31743 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4320 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 243636 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 335362 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 74414 |
| IRS990EZ/GrossReceiptsAmt | 0 | 87768 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 1891 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 243636 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 211893 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 243636 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 211893 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JENNIFER KEMPTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATHLEEN PARKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SUSAN DUCKETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TOM BONIFACE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ERIC DORNER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | ALPESH AMIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JACQUELINE HELMRICK CARLSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | BRENT KUGMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | FIRST VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 51518 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27928 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | MEETINGS AND EDUCATION OF THE ASSOCIATION |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 135 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 11463 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE STATEMENT OF EXEMPT PURPOSE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 7856 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 79272 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -4858 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 123469 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 40239 |
| IRS990EZ/TotalRevenueAmt | 0 | 8496 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | COMMUNITY.CFA.COM/MIDWESTCHAPTER |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 79272 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF OUTING |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | CUBS SPORTS OUTING |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 45843 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 28571 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 74414 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 45843 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 28571 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 74414 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -4858 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 79272 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 51805 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 27467 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: MEMBER & SPONSOR APPRECIATION . AMOUNT: 8,224. DESCRIPTION: BOARD EXPENSES. AMOUNT: 343. DESCRIPTION: BANK AND CREDIT CARD FEES. AMOUNT: 2,407. DESCRIPTION: TELEPHONE . AMOUNT: 544. DESCRIPTION: ONLINE SERVICES. AMOUNT: 2,447. DESCRIPTION: MEALS & ENTERTAINMENT . AMOUNT: 186. DESCRIPTION: EDUCATIONAL EVENT EXPENSES . AMOUNT: 5,006. DESCRIPTION: NATIONAL CONVENTION . AMOUNT: 3,122. DESCRIPTION: MEMBER EVENTS. AMOUNT: 5,649. TOTAL TO FORM 990-EZ, LINE 16: 27,928. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 51,518. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,884. DESCRIPTION: DEFERRED MEMBERSHIP AND SPONSORSHIP 2022 . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 121,585. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ERIC DORNER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8154692935 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SECURED FINANCE NETWORK MIDWEST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SECU |
| ReturnHeader/Filer/EIN | 0 | 201500060 |
| ReturnHeader/Filer/PhoneNum | 0 | 8154692935 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 20960 S FRANKFORT SQUARE ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FRANKFORT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60423 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 362239746 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SASSETTI LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2107 SWIFT DRIVE SUITE 210 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | OAK BROOK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60523 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7083861433 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFF SCHROEDER |
| ReturnHeader/ReturnTs | 0 | 2022-05-05T10:14:53-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ERIC |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | DORNER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.