Civic Intelligence

Historic Pullman Foundation Inc.

990 • Fiscal year 2022 • EIN 23-7281625

Oct 01, 2021 to Sep 30, 2022 • Filed on Jun 22, 2023

614 E 113th StreetChicago, IL 60628

(773) 785-8181

Siviq Scores

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

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

37th percentile

0.04x

Higher debt load relative to revenue than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

65th percentile

16%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

55th percentile

3.3%

Faster asset growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-18%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,505,904

Up $48,015 (+3.3%) from 2021

Net Assets

Up

$1,483,321

Up $70,524 (+5.0%) from 2021

Liabilities

Down

$22,583

Down $22,509 (-50%) from 2021

Revenue

Down

$629,543

Down $141,417 (-18%) from 2021

Expenses

Down

$529,640

Down $50,263 (-8.7%) from 2021

Net Income

Down

$99,903

Down $91,154 (-48%) from 2021

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 2013: $1,352,920Liabilities 2013: $16,493Net Assets 2013: $1,336,4272013Assets 2017: $1,450,598Liabilities 2017: $9,468Net Assets 2017: $1,441,1302017Assets 2018: $1,400,030Liabilities 2018: $9,251Net Assets 2018: $1,390,7792018Assets 2019: $1,354,503Liabilities 2019: $9,362Net Assets 2019: $1,345,1412019Assets 2020: $1,226,179Liabilities 2020: $4,439Net Assets 2020: $1,221,7402020Assets 2021: $1,457,889Liabilities 2021: $45,092Net Assets 2021: $1,412,7972021Assets 2022: $1,505,904Liabilities 2022: $22,583Net Assets 2022: $1,483,3212022Assets 2023: $1,634,569Liabilities 2023: $39,693Net Assets 2023: $1,594,8762023Assets 2024: $1,570,760Liabilities 2024: $41,267Net Assets 2024: $1,529,4932024

Highlighted filing

2022

Assets$1,505,904
Liabilities$22,583
Net Assets$1,483,321

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $94,7892013Revenue 2017: $107,457Expenses 2017: $139,519Net Income 2017: -$32,0622017Revenue 2018: $99,479Expenses 2018: $149,830Net Income 2018: -$50,3512018Revenue 2019: $94,153Expenses 2019: $140,120Net Income 2019: -$45,9672019Revenue 2020: $83,830Expenses 2020: $188,200Net Income 2020: -$104,3702020Revenue 2021: $770,960Expenses 2021: $579,903Net Income 2021: $191,0572021Revenue 2022: $629,543Expenses 2022: $529,640Net Income 2022: $99,9032022Revenue 2023: $810,909Expenses 2023: $706,611Net Income 2023: $104,2982023Revenue 2024: $746,563Expenses 2024: $825,560Net Income 2024: -$78,9972024

Highlighted filing

2022

Revenue$629,543
Expenses$529,640
Net Income$99,903
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jun 22, 2023
Return Version
2021v4.1
Gross Receipts
$629,543
Mission and Program Overview

Mission

Historic property restoration and preservation and public awareness in the pullman area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$952,340$928,602▼ $23,738
Cash and Non-Interest-Bearing Accounts$356,753$577,302▲ $220,549
Investments in Publicly Traded Securities$122,000$0▼ $122,000
Accounts Receivable$26,796$0▼ $26,796
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,457,889$1,505,904▲ $48,015
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$39,823$22,147▼ $17,676
Other Liabilities$5,269$436▼ $4,833
Total Liabilities$45,092$22,583▼ $22,509
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,412,797$1,422,745▲ $9,948
Net Assets With Donor Restrictions-$60,576-
Total Net Assets Fund Balance$1,412,797$1,483,321▲ $70,524
Total Liabilities and Net Assets / Fund Balance$1,457,889$1,505,904▲ $48,015

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$925,612$1,039,354$1,964,966
Leasehold Improvements$2,990$77,860$80,850
Equipment-$39,938$39,938
Other Land Buildings-$821$821
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph SzaboPresident & CEO
Laura Ruiz-stephanVice President
Craig HowardDirector
David DoigDirector
Eric ThompsonDirector
Fred AshDirector
Jim BadaliDirector
Maria Hibbs PhdDirector
Maurice WilliamsDirector
Mike MateikaDirector
Natasha L Homes EsqDirector
Nathanial ParksDirector
Pat MahonDirector
Robert BushwallerDirector
Richard a Wilson2nd VP
Doug DavidsonSecretary
Cynthia Martin-mcmahonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$558,558
Program Service Revenue
$70,983
Investment Income
$2
Other Revenue
$0
All Other Contributions
$532,233
Change in Net Assets
$99,903

Audited Revenue Reconciliation

Revenue per Audited Statements
$629,543
Total Revenue per Audited Statements
$629,543
Total Revenue per Form 990
$629,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$338,894
Salaries, Compensation, and Employee Benefits$190,746
Total Fundraising Expense$36,680
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,680$42,409$28,657$190,746
All Other Expenses$14,574$11,201$2,305$28,080
Other Expenses$20,043$4,979$5,718$25,022
Depreciation Depletion$23,738--$23,738
Insurance$8,505$9,253-$17,758
Fees for Services Accounting-$4,358-$4,358
Advertising$867$1,509-$2,376
Conferences and Meetings$924--$924
Total Functional Expenses$413,656$79,304$36,680$529,640

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$529,640
Total Expenses per Audited Statements$529,640
Total Expenses per Form 990$529,640
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$436
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 1A: Explanation of Delegated Broad Authority to Committee

990 is presented to the audit committee and then it is distributed to the board before the meeting.

Form 990, Part VI, Line 11B: Form 990 Review Process

BOARD MEETINGS

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Made available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Historic Pullman Foundation
EIN
23-7281625
Phone
7737858181
Address
614 E 113TH STREET, CHICAGO, IL 60628

Signing Officer

Name
Cynthia Martin-mcmahon
Title
Treasurer
Signed
2023-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Martin-mcmahon
Formed
1973
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
100

Preparer

Firm
Ragland Arnold Buchanan Morris & Associ
Address
9457 Enterprise Drive, Mokena, IL 60448
Preparer
Gregory Arnold
Phone
7083330634
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

aDJUSTMENT OF NET ASSET = -$29379

Financial Statement Notes

Part III, Line 1A: If organization elected under SFAS 116 to not report are, historical treasures, O

Artifacts relating to the town of pullman.

Part X : FIN48 Footnote

Management believes that all the positions take by the organization in its Federal and State Income Tax returns are more likely than not to be sustained upon examination. The organization files returns in the U.S. Federal jurisdiction and with the State of Illinois Attorney General's office.

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IRS990/Form990PartVIISectionAGrp/TitleTxt13Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice President
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IRS990/Form990PartVIISectionAGrp/TitleTxt16President & CEO
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