Civic Intelligence

Illinois Scholarship Association Inc

EIN 25-1909889 • 501(c)4 • Lake IN The Hills, IL

Profile

The purpose of the organization is to provide educational scholarships to young women.

4140 Peartree DriveLake IN The Hills, IL 60156

www.missillinois.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2015

Net Margin

9th percentile

-90%

Higher net margin than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2015

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

11th percentile

-83%

Faster asset growth than 11% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

18th percentile

-43%

Faster revenue growth than 18% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$22,159

Down $111,615 (-83%) from 2014

Liabilities

Down

$1,027

Down $29,350 (-97%) from 2014

Net Assets

Down

$21,132

Down $82,265 (-80%) from 2014

Revenue

Down

$91,117

Down $69,214 (-43%) from 2014

Expenses

Up

$173,382

Up $30,631 (+21%) from 2014

Net Income

Down

-$82,265

Down $99,845 (-568%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2012: $95,055Liabilities 2012: $0Net Assets 2012: $95,0552012Assets 2013: $129,697Liabilities 2013: $0Net Assets 2013: $129,6972013Assets 2014: $133,774Liabilities 2014: $30,377Net Assets 2014: $103,3972014Assets 2015: $22,159Liabilities 2015: $1,027Net Assets 2015: $21,1322015

Highlighted filing

2015

Assets$22,159
Liabilities$1,027
Net Assets$21,132

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2012: $165,726Expenses 2012: $140,352Net Income 2012: $25,3742012Revenue 2013: $184,834Expenses 2013: $150,240Net Income 2013: $34,5942013Revenue 2014: $160,331Expenses 2014: $142,751Net Income 2014: $17,5802014Revenue 2015: $91,117Expenses 2015: $173,382Net Income 2015: -$82,2652015

Highlighted filing

2015

Revenue$91,117
Expenses$173,382
Net Income-$82,265

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$103,234
Mission and Program Overview

Mission

The purpose of the organization is to provide educational scholarships to young women.

Program Services

DescriptionGrantsExpenses
ILLINOIS SCHOLARSHIP ASSOCIATION PROVIDES YOUNG WOMEN WITH EDUCATIONAL SCHOLARSHIPS AND A MULTITUDE OF BENEFITS. CURRENTLY, ILLINOIS SCHOLARSHIP ASSOCIATION HAS OVER 115 CONTESTANTS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE PERRIPresidentPT$0--
KATIE FRANKVice PresidentPT$0--
AMALIA SCHWERDTMANNBoard ChairmanFT$0--
GLEN SCHWERDTMANNTreasurerPT$0--
RITA PERRISecretaryPT$0--
SCOTT BILLADEAUBoard MemberPT$0--
HANNAH SMITHBoard MemberPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event Tickets$12,000$12,000-$12,000
Salute Advertisement - Miss$8,515$8,515$200$8,315
Total Events$20,515$20,515$200$20,315
Filing and Contact Details

Filer

Filer Name
Illinois Scholarship Association Inc
EIN
25-1909889
Phone
8476580767
Address
4140 PEARTREE DRIVE, LAKE IN THE HILLS, IL 60156

Signing Officer

Name
Glen Schwerdtmann
Title
Treasurer
Phone
8479179279
Signed
2016-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Roi Business Services LLC
Address
798 W BARTLETT ROAD, BARTLETT, IL 60103
Preparer
Mark Mirsky
Phone
6308555787
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 30.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: appearance revenue, crystal davis. Amount: 1,300. Description: appearance revenue, marisa buchheit. Amount: 2,450. Total to form 990-ez, line 8: 3,750.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: misc.. Amount: 1,381. Description: insurance. Amount: 3,197. Description: pageant expenses. Amount: 68,161. Description: advertising & promotion. Amount: 1,750. Description: office expense. Amount: 11,227. Description: appearance expenses. Amount: 5,368. Description: dues & subscriptions. Amount: 600. Total to form 990-ez, line 16: 91,684.

Form 990-ez, Part II, Line 24 - Other Assets

Description: scholarship america foundation. Beg. Of year amount: 27,650. End of year amount: 0. Description: miss america organization scholarship fund. Beg. Of year amount: 2,727. End of year amount: 1,027. Description: other receivables. Beg. Of year amount: 0. End of year amount: 6,500.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: scholarship payable. Beg. Of year amount: 27,650. End of year amount: 0. Description: scholarship payable - mao. Beg. Of year amount: 2,727. End of year amount: 1,027.

Raw XML Appendix169 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/PersonNm0JOE PERRI
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GLEN SCHWERDTMANN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO YOUNG WOMEN.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ILLINOIS SCHOLARSHIP ASSOCIATION PROVIDES YOUNG WOMEN WITH EDUCATIONAL SCHOLARSHIPS AND A MULTITUDE OF BENEFITS. CURRENTLY, ILLINOIS SCHOLARSHIP ASSOCIATION HAS OVER 115 CONTESTANTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: APPEARANCE REVENUE, CRYSTAL DAVIS. AMOUNT: 1,300. DESCRIPTION: APPEARANCE REVENUE, MARISA BUCHHEIT. AMOUNT: 2,450. TOTAL TO FORM 990-EZ, LINE 8: 3,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MISC.. AMOUNT: 1,381. DESCRIPTION: INSURANCE. AMOUNT: 3,197. DESCRIPTION: PAGEANT EXPENSES. AMOUNT: 68,161. DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 1,750. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 11,227. DESCRIPTION: APPEARANCE EXPENSES. AMOUNT: 5,368. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 600. TOTAL TO FORM 990-EZ, LINE 16: 91,684.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: SCHOLARSHIP AMERICA FOUNDATION. BEG. OF YEAR AMOUNT: 27,650. END OF YEAR AMOUNT: 0. DESCRIPTION: MISS AMERICA ORGANIZATION SCHOLARSHIP FUND. BEG. OF YEAR AMOUNT: 2,727. END OF YEAR AMOUNT: 1,027. DESCRIPTION: OTHER RECEIVABLES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: SCHOLARSHIP PAYABLE. BEG. OF YEAR AMOUNT: 27,650. END OF YEAR AMOUNT: 0. DESCRIPTION: SCHOLARSHIP PAYABLE - MAO. BEG. OF YEAR AMOUNT: 2,727. END OF YEAR AMOUNT: 1,027.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GLEN SCHWERDTMANN
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ReturnHeader/BusinessOfficerGrp/PhoneNum08479179279
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ILLINOIS SCHOLARSHIP ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ILLI
ReturnHeader/Filer/EIN0251909889
ReturnHeader/Filer/PhoneNum08476580767
ReturnHeader/Filer/USAddress/AddressLine1Txt04140 PEARTREE DRIVE
ReturnHeader/Filer/USAddress/CityNm0LAKE IN THE HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060156
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352224633
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROI BUSINESS SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0798 W BARTLETT ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BARTLETT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060103
ReturnHeader/PreparerPersonGrp/PhoneNum06308555787
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK MIRSKY
ReturnHeader/ReturnTs02016-05-12T11:21:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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