Civic Intelligence

Illinois Association of Bariatric Surgeons Inc

990 • Fiscal year 2018 • EIN 20-5412621

Jan 01, 2018 to Dec 31, 2018 • Filed on May 20, 2019

Organization ProfileILASMBS.ORG
4885 Hoffman Blvd Suite 400Hoffman Estates, IL 60192

(847) 255-9697

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

90th percentile

29%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

81st percentile

25%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

12%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$118,486

Up $23,672 (+25%) from 2017

Net Assets

Up

$118,486

Up $23,672 (+25%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin90th percentile

Revenue

Up

$82,758

Up $8,749 (+12%) from 2017

Expenses

Up

$59,086

Up $2,303 (+4.1%) from 2017

Net Income

Up

$23,672

Up $6,446 (+37%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$200K$150K$100K$50K$0Assets 2015: $56,375Liabilities 2015: $0Net Assets 2015: $56,3752015Assets 2016: $77,588Liabilities 2016: $0Net Assets 2016: $77,5882016Assets 2017: $94,814Liabilities 2017: $0Net Assets 2017: $94,8142017Assets 2018: $118,486Liabilities 2018: $0Net Assets 2018: $118,4862018Assets 2019: $133,170Liabilities 2019: $0Net Assets 2019: $133,1702019Assets 2020: $152,497Liabilities 2020: $0Net Assets 2020: $152,4972020Assets 2021: $143,884Liabilities 2021: $0Net Assets 2021: $143,8842021Assets 2022: $133,126Liabilities 2022: $0Net Assets 2022: $133,1262022Assets 2023: $123,260Liabilities 2023: $0Net Assets 2023: $123,2602023Assets 2024: $132,459Liabilities 2024: $0Net Assets 2024: $132,4592024

Highlighted filing

2018

Assets$118,486
Liabilities$0
Net Assets$118,486
Open 2018 Filing

Operations Trend

Revenue Growth71st percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $64,880Expenses 2015: $53,384Net Income 2015: $11,4962015Revenue 2016: $64,333Expenses 2016: $43,120Net Income 2016: $21,2132016Revenue 2017: $74,009Expenses 2017: $56,783Net Income 2017: $17,2262017Revenue 2018: $82,758Expenses 2018: $59,086Net Income 2018: $23,6722018Revenue 2019: $89,000Expenses 2019: $74,316Net Income 2019: $14,6842019Revenue 2020: $36,299Expenses 2020: $16,972Net Income 2020: $19,3272020Revenue 2021: $43,869Expenses 2021: $52,482Net Income 2021: -$8,6132021Revenue 2022: $84,353Expenses 2022: $95,111Net Income 2022: -$10,7582022Revenue 2023: $98,998Expenses 2023: $108,864Net Income 2023: -$9,8662023Revenue 2024: $95,890Expenses 2024: $86,691Net Income 2024: $9,1992024

Highlighted filing

2018

Revenue$82,758
Expenses$59,086
Net Income$23,672
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 20, 2019
Return Version
2018v3.1
Gross Receipts
$82,758
Mission and Program Overview

Mission

To promote clinical excellence and best industry standards of practice among all providers of obesity management through training and education of physicians, payors and the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,814$118,486▲ $23,672
Total Assets$94,814$118,486▲ $23,672
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$94,814$118,486▲ $23,672
Total Net Assets Fund Balance$94,814$118,486▲ $23,672
Total Liabilities and Net Assets / Fund Balance$94,814$118,486▲ $23,672
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Fred Tiesenga MdPresident
Chandra Hassan MdBoard Member
Chris Joyce MdBoard Member
Peter Rantis MdBoard Member
Stephen Haggerty MdBoard Member
Alfonso Torquati MdSecretary
Amir Heydari MdTreasurer
Daniel Wool MdVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$48,198
Program Service Revenue
$34,560
Investment Income
$0
Other Revenue
$0
All Other Contributions
$44,500
Change in Net Assets
$23,672
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$750-$750
Fees for Services Legal-$425-$425
Other Expenses$51,765$15-$15
All Other Expenses-$10-$10
Total Functional Expenses$51,765$7,321$0$59,086
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Illinois Assoc Bariatric Surgeons
EIN
20-5412621
Phone
8472559697
Address
4885 HOFFMAN BLVD SUITE 400, HOFFMAN ESTATES, IL 60192

Signing Officer

Name
Fred Tiesenga Md
Title
President
Phone
8472559697
Signed
2019-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fred Tiesenga Md
Formed
2007
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Pbc Advisors LLC
Address
903 COMMERCE DR STE 333, OAK BROOK, IL 60523
Preparer
Stephen C Blohm CPA Chbc
Phone
6305716770
Raw XML Appendix276 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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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,486
Liabilities
$0
Net assets
$118,486
Revenue
$82,758
Expenses
$59,086
Net income
$23,672
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.00$1.32$0.96$0.87$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.99$1.09$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.84$0.95$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.44$0.52$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.36$0.17$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.89$0.74$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.83$0.59$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.74$0.57$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.64$0.43$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.65$0.53$0.11