Civic Intelligence

The Cavaliers Ap&E Inc.

990 • Fiscal year 2022 • EIN 23-7449578

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 07, 2023

Post Office Box 501Rosemont, IL 60018

(847) 696-3164

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.25x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.15x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

56th percentile

10%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

41st percentile

-1.5%

Faster asset growth than 41% of similar nonprofits.

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

Revenue Growth

62nd percentile

15%

Faster revenue growth than 62% of similar nonprofits.

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

Assets

Flat

$1,242,162

Flat from 2022

Net Assets

Flat

$928,905

Flat from 2022

Liabilities

Flat

$313,257

Flat from 2022

Revenue

Down

$2,068,191

Down $388,012 (-16%) from 2022

Expenses

Down

$1,859,769

Down $370,012 (-17%) from 2022

Net Income

Down

$208,422

Down $18,000 (-7.9%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2014: $320,852Liabilities 2014: $124,644Net Assets 2014: $196,2082014Assets 2015: $373,520Liabilities 2015: $224,400Net Assets 2015: $149,1202015Assets 2017: $314,460Liabilities 2017: $669,506Net Assets 2017: -$355,0462017Assets 2018: $262,028Liabilities 2018: $649,458Net Assets 2018: -$387,4302018Assets 2019: $305,448Liabilities 2019: $629,881Net Assets 2019: -$324,4332019Assets 2021: $1,260,732Liabilities 2021: $502,987Net Assets 2021: $757,7452021Assets 2022: $1,242,162Liabilities 2022: $313,257Net Assets 2022: $928,9052022Assets 2022: $1,242,162Liabilities 2022: $313,257Net Assets 2022: $928,9052022Assets 2023: $984,888Liabilities 2023: $131,711Net Assets 2023: $853,1772023Assets 2024: $833,333Liabilities 2024: $258,238Net Assets 2024: $575,0952024Assets 2025: $552,017Liabilities 2025: $240,260Net Assets 2025: $311,7572025

Highlighted filing

2022

Assets$1,242,162
Liabilities$313,257
Net Assets$928,905

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,376,607Expenses 2014: $1,411,177Net Income 2014: -$34,5702014Revenue 2015: $1,443,604Expenses 2015: $1,487,717Net Income 2015: -$44,1132015Revenue 2017: $1,576,093Expenses 2017: $1,921,111Net Income 2017: -$345,0182017Revenue 2018: $1,788,534Expenses 2018: $1,808,137Net Income 2018: -$19,6032018Revenue 2019: $1,736,335Expenses 2019: $1,690,216Net Income 2019: $46,1192019Revenue 2021: $1,797,473Expenses 2021: $980,781Net Income 2021: $816,6922021Revenue 2022: $2,068,191Expenses 2022: $1,859,769Net Income 2022: $208,4222022Revenue 2022: $2,456,203Expenses 2022: $2,229,781Net Income 2022: $226,4222022Revenue 2023: $2,491,021Expenses 2023: $2,567,676Net Income 2023: -$76,6552023Revenue 2024: $2,509,911Expenses 2024: $2,792,035Net Income 2024: -$282,1242024Revenue 2025: $3,002,406Expenses 2025: $3,260,318Net Income 2025: -$257,9122025

Highlighted filing

2022

Revenue$2,068,191
Expenses$1,859,769
Net Income$208,422
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 7, 2023
Return Version
2021v4.2
Gross Receipts
$2,105,177
Mission and Program Overview

Mission

To provide members with musical training and life changing educational and social experiences through which they gain real-world life skills, musical training and performance experiences.

Promote the arts, performance, and education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$820,280$893,051▲ $72,771
Land, Buildings, and Equipment, Net$155,712$117,728▼ $37,984
Accounts Receivable$63,405$47,231▼ $16,174
Prepaid Expenses and Deferred Charges$13,601$19,908▲ $6,307
Total Assets$1,260,732$1,242,162▼ $18,570
Other Assets Total$207,734$164,244▼ $43,490
Liabilities
Unsecured Notes Loans Payable$476,869$229,500▼ $247,369
Accounts Payable and Accrued Expenses$26,118$83,757▲ $57,639
Total Liabilities$502,987$313,257▼ $189,730
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$757,745$928,905▲ $171,160
Total Net Assets Fund Balance$757,745$928,905▲ $171,160
Total Liabilities and Net Assets / Fund Balance$1,260,732$1,242,162▼ $18,570

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$117,728$249,506$367,234
Other Assets Org$164,244--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Monte MastExecutive DirectorFT$74,500$74,500

Board Members and Trustees

NameTitle
Adolph DegrauweChairman
Chris HartowiczPresident
Dale YoungVice President
Alan G MiccoDirector
Barbara BolenderDirector
Bob InchDirector
Brandon BarromettiDirector
Brenda BrakDirector
Dan BrunkDirector
Fernando PullumDirector
Geoff ThorsbyDirector
Graeme MasonDirector
Jeff GillDirector
MATT O'BRIENDirector
Marty SchlenkerDirector
Matt SeltzerDirector
Ric TalbutDirector
Robert Baker-hargrove JrDirector
Scott MccormickDirector
Thor SchumacherDirector
Tom CabanskiDirector
Ellen HuxtableSecretary
Paul RigbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$868,937
Program Service Revenue
$1,156,098
Investment Income
$0
Other Revenue
$43,156
All Other Contributions
$243,443
Change in Net Assets
$208,422

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,068,191
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-276
Total Revenue per Audited Statements
$2,067,915
Total Revenue per Form 990
$2,068,191
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,552,114
Salaries, Compensation, and Employee Benefits$284,005
Total Fundraising Expense$42,425
Grants and Similar Amounts Paid$23,650
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$760,884--$760,884
Fees for Services Other$463,523--$463,523
Other Salaries and Wages-$180,558-$180,558
Current Officers, Directors, Trustees, and Key Employees-$74,500-$74,500
Insurance-$53,482-$53,482
Depreciation Depletion$42,684--$42,684
All Other Expenses-$33,627-$33,627
Office Expenses-$13,729$17,244$30,973
Advertising--$25,181$25,181
Grants to Domestic Individuals$23,650--$23,650
Payroll Taxes-$19,614-$19,614
Interest-$17,136-$17,136
Fees for Services Accounting-$11,750-$11,750
Other Expenses$11,651$32,365-$11,651
Fees for Services Legal-$10,638-$10,638
Other Employee Benefits-$9,333-$9,333
Total Functional Expenses$1,360,612$456,732$42,425$1,859,769

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,896,755
Expenses per Audited Statements$1,859,769
Total Expenses per Form 990$1,859,769
Expenses Not Reported on Form 990$36,986
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$80,142
Gaming Direct Expenses$36,986
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

After form 990 is prepared by the independent auditor, it is delivered to the treasurer for review and eventual submission to the organization's governing body.

Form 990, Part VI, Section C, Line 19

The cavaliers makes any required documents available to the public upon request at their corporate office.

Filing and Contact Details

Filer

Filer Name
The Cavaliers Ap&e Inc
EIN
23-7449578
Phone
8476963164
Address
POST OFFICE BOX 501, ROSEMONT, IL 60018

Signing Officer

Name
Paul Rigby
Title
Treasurer
Phone
8476963164
Signed
2023-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Hartowicz
Formed
1952
Legal Domicile
Il
Voting Board Members
23
Independent Board Members
23
Employees
8
Volunteers
100

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Robert G Wujek
Phone
6309541400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted instructors: program service expenses 463,523. Management and general expenses 0. Fundraising expenses 0. Total expenses 463,523.

FORM 990, PART XII, LINE 2C:

The cavaliers board of directors is responsible for the oversight of the audit and the selection of the independent auditors. This process has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

The cavaliers follows generally accepted accounting principles for the reporting of uncertain tax positions and has determined it is not required to record a liability for any such positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct expenses associated with gaming activities 36,986.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct expenses associated with gaming activities 36,986.

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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
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