Liabilities / Assets
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Laundrycares Foundation
990EZ • Fiscal year 2017 • EIN 20-4504242
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
27th percentile
Faster asset growth than 27% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Balance Sheet
Assets
Down$119,413
Down $15,831 (-12%) from 2016
Net Assets
Down$119,413
Down $14,831 (-11%) from 2016
Liabilities
Down$0
Down $1,000 (-100%) from 2016
Revenue And Expenses
Revenue
Down$59,730
Down $19,482 (-25%) from 2016
Expenses
Up$74,561
Up $30,710 (+70%) from 2016
Net Income
Down-$14,831
Down $50,192 (-142%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Apr 30, 2018
- Return Version
- 2017v2.2
- Gross Receipts
- $59,730
Mission and Program Overview
Mission
To provide laundry services and education to those in need.
The purposes of the organization are: (i) to coordinate the distribution of donated laundry equipment and supplies for the purpose of providing laundry services to organizations, families and individuals in need; and (ii) to offer free laundry day at coin laundry facilities in select cities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FREE LAUNDRY DAY - PROVIDED FREE LAUNDRY SERVICES TO NEEDY FAMILIES AT LOCAL LAUNDROMATS ACROSS THE COUNTRY. HUNDREDS OF LOADS OF LAUNDRY ARE COMPLETED DURING EACH DAY. THE EVENTS ALSO INCLUDED ACCESS TO CHILDREN'S BOOKS AND LITERACY RESOURCES. | $0 | $74,561 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF GARDNER | Chairman | - | $0 | - | - |
| BRIAN WALLACE | CEO | - | $0 | - | - |
| JAMES WHITMORE | Board Member | - | $0 | - | - |
| RON KELLEY | Board Member | - | $0 | - | - |
| JOEL JORGENSEN | Board Member | - | $0 | - | - |
| BRIAN HOLLAND | Board Member | - | $0 | - | - |
| KARL HINRICHS | Board Member | - | $0 | - | - |
| HOWARD HERMAN | Board Member | - | $0 | - | - |
| CHRIS MORENO | Board Member | - | $0 | - | - |
| DARYL JOHNSON | Board Member | - | $0 | - | - |
| MICHAEL FINKELSTEIN | Board Member | - | $0 | - | - |
| TED RISTAINO | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Laundrycares Foundation
- EIN
- 20-4504242
- Phone
- 8005705629
- Address
- 1 S 660 MIDWEST ROAD SUITE 205, OAKBROOK TERRACE, IL 60181
Signing Officer
- Name
- Brian Wallace
- Title
- President and CEO
- Phone
- 6309635547
- Signed
- 2018-04-30
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Mann Weitz & Associates LLC
- Address
- 111 DEER LAKE ROAD SUITE 125, DEERFIELD, IL 60015
- Preparer
- Marcy Steindler
- Phone
- 8472673400
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: free laundry support. Amount: 52,549. Description: wash time is talk time. Amount: 2,884. Description: office expenses. Amount: 9,143. Description: website. Amount: 8,485. Total to form 990-ez, line 16: 73,061.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: pledge receivable from cla. Beg. Of year amount: 25,428. End of year amount: 13,552. Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 7,700. Description: reimbursements due. Beg. Of year amount: 0. End of year amount: 53.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 1,000. End of year amount: 0.”
Raw XML Appendix202 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.
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | DARYL JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | MICHAEL FINKELSTEIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | TED RISTAINO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 25428 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 21305 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 73061 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSES OF THE ORGANIZATION ARE: (I) TO COORDINATE THE DISTRIBUTION OF DONATED LAUNDRY EQUIPMENT AND SUPPLIES FOR THE PURPOSE OF PROVIDING LAUNDRY SERVICES TO ORGANIZATIONS, FAMILIES AND INDIVIDUALS IN NEED; AND (II) TO OFFER FREE LAUNDRY DAY AT COIN LAUNDRY FACILITIES IN SELECT CITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FREE LAUNDRY DAY - PROVIDED FREE LAUNDRY SERVICES TO NEEDY FAMILIES AT LOCAL LAUNDROMATS ACROSS THE COUNTRY. HUNDREDS OF LOADS OF LAUNDRY ARE COMPLETED DURING EACH DAY. THE EVENTS ALSO INCLUDED ACCESS TO CHILDREN'S BOOKS AND LITERACY RESOURCES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 74561 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 74561 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74561 |
| IRS990EZ/TotalRevenueAmt | 0 | 59730 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.COINLAUNDRY.ORG/ADVOCACY/LAUNDRYCARES |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 65685 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 79212 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 85946 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11785 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1148 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 243776 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.63190 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.55610 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 154052 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 89724 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 85946 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11785 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1148 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 243776 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 243776 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: FREE LAUNDRY SUPPORT. AMOUNT: 52,549. DESCRIPTION: WASH TIME IS TALK TIME. AMOUNT: 2,884. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 9,143. DESCRIPTION: WEBSITE. AMOUNT: 8,485. TOTAL TO FORM 990-EZ, LINE 16: 73,061. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PLEDGE RECEIVABLE FROM CLA. BEG. OF YEAR AMOUNT: 25,428. END OF YEAR AMOUNT: 13,552. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,700. DESCRIPTION: REIMBURSEMENTS DUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 53. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 0. |
| 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/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BRIAN WALLACE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT AND CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6309635547 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-04-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAUNDRYCARES FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAUN |
| ReturnHeader/Filer/EIN | 0 | 204504242 |
| ReturnHeader/Filer/PhoneNum | 0 | 8005705629 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1 S 660 MIDWEST ROAD SUITE 205 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | OAKBROOK TERRACE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60181 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | E74A19A0F1F0CAD81232780F6B89B4FFD5B78694 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | CAFB5C9C123FBA50312E98C662C50AD8AE74D4A6 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.225.221.110 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-04-30 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 17:07:20 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 363963131 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MANN WEITZ & ASSOCIATES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 111 DEER LAKE ROAD SUITE 125 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DEERFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60015 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8472673400 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARCY STEINDLER |
| ReturnHeader/ReturnTs | 0 | 2018-04-30T17:13:11-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $119,413
- Liabilities
- $0
- Net assets
- $119,413
- Revenue
- $59,730
- Expenses
- $74,561
- Net income
- -$14,831