Civic Intelligence

First Look for Charity Foundation

990 • Fiscal year 2013 • EIN 26-0092209

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 21, 2013

18W200 Butterfield Rd60181-4810
Siviq Scores

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

Liabilities / Assets

91st percentile

1.00x

Higher debt load relative to assets than 91% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

99th percentile

502%

Faster asset growth than 99% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$16,986

Up $14,164 (+502%) from 2012

Net Assets

Down

$0

Down $2,822 (-100%) from 2012

Liabilities

Up

$16,986

Up $16,986 from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,289,872

Up $107,459 (+4.9%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $20,578Liabilities 2011: $4,100Net Assets 2011: $16,4782011Assets 2012: $2,822Liabilities 2012: $0Net Assets 2012: $2,8222012Assets 2013: $16,986Liabilities 2013: $16,986Net Assets 2013: $02013Assets 2014: $54,353Liabilities 2014: $54,353Net Assets 2014: $02014Assets 2015: $54,457Liabilities 2015: $54,457Net Assets 2015: $02015Assets 2016: $49,400Liabilities 2016: $49,400Net Assets 2016: $02016Assets 2017: $45,509Liabilities 2017: $45,509Net Assets 2017: $02017Assets 2018: $34,402Liabilities 2018: $34,402Net Assets 2018: $02018Assets 2019: $71,397Liabilities 2019: $71,397Net Assets 2019: $02019Assets 2020: $98,559Liabilities 2020: $98,559Net Assets 2020: $02020Assets 2021: $17,065Liabilities 2021: $17,065Net Assets 2021: $02021Assets 2022: $20,984Liabilities 2022: $20,984Net Assets 2022: $02022Assets 2023: $25,202Liabilities 2023: $25,202Net Assets 2023: $02023Assets 2024: $94,133Liabilities 2024: $94,133Net Assets 2024: $02024

Highlighted filing

2013

Assets$16,986
Liabilities$16,986
Net Assets$0

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,868,0302011Expenses 2012: $2,182,4132012Expenses 2013: $2,289,8722013Revenue 2014: $2,005,498Expenses 2014: $2,365,358Net Income 2014: -$359,8602014Revenue 2015: $2,549,359Expenses 2015: $2,952,561Net Income 2015: -$403,2022015Revenue 2016: $3,127,637Expenses 2016: $3,127,637Net Income 2016: $02016Revenue 2017: $3,659,806Expenses 2017: $3,659,806Net Income 2017: $02017Revenue 2018: $3,478,844Expenses 2018: $3,478,844Net Income 2018: $02018Revenue 2019: $3,446,836Expenses 2019: $3,446,836Net Income 2019: $02019Revenue 2020: $3,431,989Expenses 2020: $3,431,989Net Income 2020: $02020Revenue 2021: $9,097Expenses 2021: $9,097Net Income 2021: $02021Revenue 2022: $1,505,886Expenses 2022: $1,505,886Net Income 2022: $02022Revenue 2023: $2,365,593Expenses 2023: $2,365,593Net Income 2023: $02023Revenue 2024: $2,400,458Expenses 2024: $2,400,458Net Income 2024: $02024

Highlighted filing

2013

Revenue-
Expenses$2,289,872
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 21, 2013
Return Version
2012v2.1
Gross Receipts
$2,782,422
Mission and Program Overview

Mission

The first look for charity foundation is organized to operate exclusively for charitable, cultural, and educational purposes. The organization sponsors, maintains, manages and controls the first look for charity event held prior to the annual chicago auto show. The funds raised by the event are distributed to various charitable organizations in the chicago area.

Filing and Contact Details

Filer

EIN
26-0092209
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IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years02197124
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IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS GUIDANCE ISSUED BY THE FASB WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. THE ADOPTION HAD NO EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND INCOME TAX EXPENSES, RESPECTIVELY. THE FOUNDATION HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2013 AND 2012. DUE TO ITS STATUS AS A SECTION 501(C)(3) ENTITY; THE FOUNDATION IS NOT SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS BEFORE JUNE 30, 2009. THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS, AND DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.09$0.00$2.40$2.40$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.03$0.00$2.37$2.37$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.02$0.00$1.51$1.51$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$0.01$0.01$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.00$3.43$3.43$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.00$3.45$3.45$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$3.48$3.48$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.00$3.66$3.66$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.05$0.00$3.13$3.13$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.00$2.55$2.95$0.40
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.05$0.00$2.01$2.37$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.00$2.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$2.18
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$1.87