Civic Intelligence

International Skeletal Society Endowment Fund

990 • Fiscal year 2017 • EIN 22-0436815

Jun 01, 2016 to May 31, 2017 • Filed on Oct 15, 2017

2575 Northwest ParkwayElgin, IL 60124

(847) 752-6245

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.84x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

24th percentile

-7.3%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

54th percentile

4.6%

Faster asset growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-29%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,199,119

Up $52,779 (+4.6%) from 2016

Net Assets

Up

$1,174,119

Up $52,779 (+4.7%) from 2016

Liabilities

Flat

$25,000

Flat from 2016

Revenue

Down

$29,867

Down $12,367 (-29%) from 2016

Expenses

Up

$32,054

Up $492 (+1.6%) from 2016

Net Income

Down

-$2,187

Down $12,859 (-120%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,225,191Liabilities 2012: $0Net Assets 2012: $1,225,1912012Assets 2013: $1,228,662Liabilities 2013: $0Net Assets 2013: $1,228,6622013Assets 2014: $1,206,762Liabilities 2014: $0Net Assets 2014: $1,206,7622014Assets 2015: $1,183,398Liabilities 2015: $0Net Assets 2015: $1,183,3982015Assets 2016: $1,146,340Liabilities 2016: $25,000Net Assets 2016: $1,121,3402016Assets 2017: $1,199,119Liabilities 2017: $25,000Net Assets 2017: $1,174,1192017Assets 2018: $1,266,799Liabilities 2018: $0Net Assets 2018: $1,266,7992018Assets 2019: $1,306,112Liabilities 2019: $0Net Assets 2019: $1,306,1122019Assets 2020: $1,359,774Liabilities 2020: $0Net Assets 2020: $1,359,7742020Assets 2021: $1,634,780Liabilities 2021: $0Net Assets 2021: $1,634,7802021Assets 2022: $1,557,139Liabilities 2022: $0Net Assets 2022: $1,557,1392022Assets 2023: $1,524,446Liabilities 2023: $0Net Assets 2023: $1,524,4462023

Highlighted filing

2017

Assets$1,199,119
Liabilities$25,000
Net Assets$1,174,119

Operations Trend

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

$100K$50K$0-$50KExpenses 2012: $26,0302012Expenses 2013: $9002013Revenue 2014: $9,807Expenses 2014: $26,185Net Income 2014: -$16,3782014Revenue 2015: $42,031Expenses 2015: $37,265Net Income 2015: $4,7662015Revenue 2016: $42,234Expenses 2016: $31,562Net Income 2016: $10,6722016Revenue 2017: $29,867Expenses 2017: $32,054Net Income 2017: -$2,1872017Revenue 2018: $56,858Expenses 2018: $7,732Net Income 2018: $49,1262018Revenue 2019: $32,096Expenses 2019: $8,072Net Income 2019: $24,0242019Revenue 2020: $40,985Expenses 2020: $8,557Net Income 2020: $32,4282020Revenue 2021: $30,111Expenses 2021: $9,400Net Income 2021: $20,7112021Revenue 2022: $95,876Expenses 2022: $10,614Net Income 2022: $85,2622022Revenue 2023: $38,211Expenses 2023: $9,317Net Income 2023: $28,8942023

Highlighted filing

2017

Revenue$29,867
Expenses$32,054
Net Income-$2,187
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Oct 15, 2017
Return Version
2016v3.0
Gross Receipts
$29,867
Mission and Program Overview

Mission

Provide funding for scientific, education and charitable endeavors of the international skeletal society, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,055,693$1,140,190▲ $84,497
Cash and Non-Interest-Bearing Accounts$90,647$58,929▼ $31,718
Total Assets$1,146,340$1,199,119▲ $52,779
Liabilities
Accounts Payable and Accrued Expenses$25,000$25,000→ $0
Total Liabilities$25,000$25,000→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,121,340$1,174,119▲ $52,779
Total Net Assets Fund Balance$1,121,340$1,174,119▲ $52,779
Total Liabilities and Net Assets / Fund Balance$1,146,340$1,199,119▲ $52,779

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,121,340-▲ $77,779$25,000$1,174,119
2015$1,183,398-▼ $37,058$25,000$1,121,340
2014$1,206,762-▲ $1,636$25,000$1,183,398
2013$1,228,662-▲ $4,285$25,000$1,206,762
2012$1,225,191-▲ $3,471-$1,228,662
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$29,867
Other Revenue
$0
Change in Net Assets
$-2,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$25,000
Other Expenses$7,054
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$25,000--$25,000
Fees for Service Investment Mgmnt Fees-$7,054-$7,054
Total Functional Expenses$25,000$7,054$0$32,054
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
International Skeletal Society IncElgin, IL501c3Education$25,000
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
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The society has outsourced all general and administrative functions to veritas meeting solutions, inc.

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

An independent certified public accounting firm prepares the society's form 990 and submits the form to the society's management company for review. The management company submits the form to the society's treasurer for review. An electronic copy of the form is also provided to all voting members of the board for review. Questions and comments on the form by the treasurer and board members are directed back to the accounting firm and management company for resolution.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
International Skeletal Society
EIN
22-0436815
Phone
8477526245
Address
2575 NORTHWEST PARKWAY, ELGIN, IL 60124

Signing Officer

Name
Michael P Recht Md
Title
Treasurer
Phone
8477526245
Signed
2017-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Palmer Md
Formed
1998
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
13

Preparer

Firm
MILLER VERCHOTA INC CPA'S
Address
444 N IL ROUTE 31 SUITE 104, CRYSTAL LAKE, IL 60012
Preparer
Mary R Miller Cpaabv
Phone
8154778000
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The society's endowment funds are to be held in perpetuity and investment income is to be utilized for the charitable, scientific and educational purposes of the international skeletal society, inc.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SOCIETY'S ENDOWMENT FUNDS ARE TO BE HELD IN PERPETUITY AND INVESTMENT INCOME IS TO BE UTILIZED FOR THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF THE INTERNATIONAL SKELETAL SOCIETY, INC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INTERNATIONAL SKELETAL SOCIETY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0237366930
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02575 NORTHWEST PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ELGIN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060124
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BOARD AND COMMITTEE REVIEW THE USE OF GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOCIETY HAS OUTSOURCED ALL GENERAL AND ADMINISTRATIVE FUNCTIONS TO VERITAS MEETING SOLUTIONS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARES THE SOCIETY'S FORM 990 AND SUBMITS THE FORM TO THE SOCIETY'S MANAGEMENT COMPANY FOR REVIEW. THE MANAGEMENT COMPANY SUBMITS THE FORM TO THE SOCIETY'S TREASURER FOR REVIEW. AN ELECTRONIC COPY OF THE FORM IS ALSO PROVIDED TO ALL VOTING MEMBERS OF THE BOARD FOR REVIEW. QUESTIONS AND COMMENTS ON THE FORM BY THE TREASURER AND BOARD MEMBERS ARE DIRECTED BACK TO THE ACCOUNTING FIRM AND MANAGEMENT COMPANY FOR RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INTERNATIONAL SKELETAL SOCIETY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0267366930
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUC MTGS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02575 NORTHWEST PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ELGIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060124
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt025000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INTERNATIONAL SKELETAL SOCIETY INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01146340
IRS990/TotalAssetsEOYAmt01199119
IRS990/TotalAssetsGrp/BOYAmt01146340
IRS990/TotalAssetsGrp/EOYAmt01199119
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07054
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt025000
IRS990/TotalFunctionalExpensesGrp/TotalAmt032054
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025000
IRS990/TotalLiabilitiesEOYAmt025000
IRS990/TotalLiabilitiesGrp/BOYAmt025000
IRS990/TotalLiabilitiesGrp/EOYAmt025000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01121340
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01174119
IRS990/TotalProgramServiceExpensesAmt025000
IRS990/TotalRevenueGrp/ExclusionAmt029867
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029867
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01146340
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01199119
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01121340
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01174119
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02575 NORTHWEST PARKWAY
IRS990/USAddress/CityNm0ELGIN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060124
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0INTERNATIONALSKELETALSOCIETY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL P RECHT MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08477526245
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL SKELETAL SOCIETY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0220436815
ReturnHeader/Filer/PhoneNum08477526245
ReturnHeader/Filer/USAddress/AddressLine1Txt02575 NORTHWEST PARKWAY
ReturnHeader/Filer/USAddress/CityNm0ELGIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060124
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0436D76B28AB3DD8DFF9F5B22626DD43E664EC975
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C8C7054F90D576DD1F5D4DFCAC09FD3050BFB444
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364387304
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER VERCHOTA INC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0444 N IL ROUTE 31 SUITE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRYSTAL LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060012
ReturnHeader/PreparerPersonGrp/PhoneNum08154778000
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY R MILLER CPAABV
ReturnHeader/ReturnTs02017-10-06T14:14:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-06-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.04$0.01$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.00$1.56$0.10$0.01$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.00$1.63$0.03$0.01$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.00$1.36$0.04$0.01$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.00$1.31$0.03$0.01$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$0.06$0.01$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.20$0.03$1.17$0.03$0.03$0.00
2016Summary only. Only limited summary data is available for this year.$1.15$0.03$1.12$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.04$0.04$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.01$0.03$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.03
Peer Organizations

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