Civic Intelligence

Royal Service Children Foundation

990EZ • Fiscal year 2014 • EIN 20-2700877

Jan 01, 2014 to Dec 31, 2014 • Filed on May 08, 2015

Organization ProfileN/A
401 North Wabash AveChicago, IL 60611

(847) 651-8168

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 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

82nd percentile

42%

Faster asset growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-56%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$17,403

Up $5,157 (+42%) from 2013

Net Assets

Down

$17,403

Down $67,368 (-79%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin98th percentile

Revenue

Down

$42,283

Down $54,562 (-56%) from 2013

Expenses

Down

$2,126

Down $9,948 (-82%) from 2013

Net Income

Down

$40,157

Down $44,614 (-53%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$150K$100K$50K$0Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $12,246Net Assets 2013: $84,7712013Assets 2014: $17,403Net Assets 2014: $17,4032014Assets 2015: $130,186Net Assets 2015: $130,1862015Assets 2016: $36,277Net Assets 2016: $36,2772016Assets 2017: $29,195Net Assets 2017: $29,1952017Assets 2018: $7,664Net Assets 2018: $7,6642018Assets 2019: $4,640Liabilities 2019: $0Net Assets 2019: $4,6402019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2014

Assets$17,403
Liabilities-
Net Assets$17,403
Open 2014 Filing

Operations Trend

Revenue Growth7th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $96,845Expenses 2013: $12,074Net Income 2013: $84,7712013Revenue 2014: $42,283Expenses 2014: $2,126Net Income 2014: $40,1572014Revenue 2015: $160,616Expenses 2015: $47,833Net Income 2015: $112,7832015Revenue 2016: $45,697Expenses 2016: $11,606Net Income 2016: $34,0912016Revenue 2017: $3,740Expenses 2017: $1,322Net Income 2017: $2,4182017Revenue 2018: $900Expenses 2018: $681Net Income 2018: $2192018Revenue 2019: $3,050Expenses 2019: $6,074Net Income 2019: -$3,0242019Revenue 2020: $02020

Highlighted filing

2014

Revenue$42,283
Expenses$2,126
Net Income$40,157
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 8, 2015
Return Version
2014v5.0
Gross Receipts
$42,283
Mission and Program Overview

Mission

The cutting edge foundation provides for funding of surgical procedures and surgical research to advance the art of surgery for the purpose of treating those with physical deformities, medical and surgical diseases, but limited financial means of obtaining such care. The funding is provided to hospitals and medical centers recognized for their expertise in treating medical and surgical diseases, emphasis on research, as well as commitment to treating those with limited financial means.

The cutting edge foundation provides for funding of surgical procedures and surgical research to advance the art of surgery for the purpose of treating those with physical deformities, medical and surgical diseases, but limited financial means of obtaining such care. The funding will be provided to well-established medical institutions in the united states recognized for their expertise in treating these medical and surgical diseases, and recognized for their commitment to treating those with limited financial means.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION RAISES FUNDS BY HOLDING FUNDRAISERS, BENEFIT DINNERS, WEBSITE CONTRIBUTIONS, AND INDIVIDUAL SOLICITATION OF FUNDS BY TELEPHONE AND / OR CORRESPONDENCE ON A LIMITED BASIS.$35,145$35,000
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ILIANA SWEISPresidentPT$0--
NEAL SHACTVice President-$0--
STEVEN GRANTTreasurer-$0--
ARLIN OSPINASecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Cutting Edge Foundation
EIN
20-2700877
Phone
8476518168
Address
401 NORTH WABASH AVE, CHICAGO, IL 60611

Signing Officer

Name
Iliana Sweis
Title
President
Signed
2015-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Peter Shannon & Co
Address
6412 Joliet Road Suite 1, Countryside, IL 60525
Preparer
Tara A Skole
Phone
7084823000
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $722”

Other Expenses.1

“Business registration fees $330”

Other Expenses.2

“BANK SERVICE CHARGE $204”

Other Expenses.3

“OPERATING COSTS $86”

Other Expenses.4

“SUPPLIES $59”

Raw XML Appendix140 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ILIANA SWEIS
IRS990EZ/BooksInCareOfDetail/PhoneNum08476518168
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0401 NORTH WABASH AVE 44A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060611
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012246
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017403
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt042283
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt040157
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0725
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012246
IRS990EZ/Form990TotalAssetsGrp/EOYAmt017403
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt042283
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012246
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052403
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012246
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017403
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ILIANA SWEIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NEAL SHACT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEVEN GRANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ARLIN OSPINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01401
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CUTTING EDGE FOUNDATION PROVIDES FOR FUNDING OF SURGICAL PROCEDURES AND SURGICAL RESEARCH TO ADVANCE THE ART OF SURGERY FOR THE PURPOSE OF TREATING THOSE WITH PHYSICAL DEFORMITIES, MEDICAL AND SURGICAL DISEASES, BUT LIMITED FINANCIAL MEANS OF OBTAINING SUCH CARE. THE FUNDING WILL BE PROVIDED TO WELL-ESTABLISHED MEDICAL INSTITUTIONS IN THE UNITED STATES RECOGNIZED FOR THEIR EXPERTISE IN TREATING THESE MEDICAL AND SURGICAL DISEASES, AND RECOGNIZED FOR THEIR COMMITMENT TO TREATING THOSE WITH LIMITED FINANCIAL MEANS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION RAISES FUNDS BY HOLDING FUNDRAISERS, BENEFIT DINNERS, WEBSITE CONTRIBUTIONS, AND INDIVIDUAL SOLICITATION OF FUNDS BY TELEPHONE AND / OR CORRESPONDENCE ON A LIMITED BASIS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt035145
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02126
IRS990EZ/TotalProgramServiceExpensesAmt035145
IRS990EZ/TotalRevenueAmt042283
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt042283
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt096845
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0139128
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0139128
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt042283
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt096845
IRS990ScheduleA/Total509Grp/TotalAmt0139128
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt042283
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt096845
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0139128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS REGISTRATION FEES $330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK SERVICE CHARGE $204
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OPERATING COSTS $86
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES $59
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ILIANA SWEIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CUTTING EDGE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CUTT
ReturnHeader/Filer/EIN0202700877
ReturnHeader/Filer/PhoneNum08476518168
ReturnHeader/Filer/USAddress/AddressLine1Txt0401 NORTH WABASH AVE
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060611
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Peter Shannon & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06412 Joliet Road Suite 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Countryside
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060525
ReturnHeader/PreparerPersonGrp/PhoneNum07084823000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tara A Skole
ReturnHeader/ReturnTs02015-05-11T09:39:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,403
Liabilities
-
Net assets
$17,403
Revenue
$42,283
Expenses
$2,126
Net income
$40,157
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.03$0.06$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.01$0.01$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.29$0.04$0.01$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.46$0.12$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.30$1.30$1.61$0.48$1.13
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.17$0.42$0.02$0.40
2013Detailed filing. Detailed filing data is available for this year.$0.12$0.85$0.97$0.12$0.85
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00