Civic Intelligence

True Value Foundation

990 • Fiscal year 2021 • EIN 26-1897927

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 07, 2023

Organization ProfileTRUEVALUECOMPANY.COM
8600 W Bryn Mawr AveChicago, IL 60631

(773) 695-5000

Siviq Scores

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

Liabilities / Assets

64th percentile

0.09x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.04x

Higher debt load relative to revenue than 53% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

25th percentile

-2.1%

Higher net margin than 25% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

62nd percentile

$35,038

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

2nd percentile

-52%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

16%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$276,740

Down $296,818 (-52%) from 2020

Net Assets

Down

$252,621

Down $14,137 (-5.3%) from 2020

Liabilities

Down

$24,119

Down $282,681 (-92%) from 2020

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin25th percentile

Revenue

Up

$671,107

Up $93,641 (+16%) from 2020

Expenses

Down

$685,244

Down $426,826 (-38%) from 2020

Net Income

Up

-$14,137

Up $520,467 (+97%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $1,527,819Liabilities 2017: $719,187Net Assets 2017: $808,6322017Assets 2018: $1,679,105Liabilities 2018: $365,741Net Assets 2018: $1,313,3642018Assets 2019: $1,615,847Liabilities 2019: $814,485Net Assets 2019: $801,3622019Assets 2020: $573,558Liabilities 2020: $306,800Net Assets 2020: $266,7582020Assets 2021: $276,740Liabilities 2021: $24,119Net Assets 2021: $252,6212021Assets 2022: $415,572Liabilities 2022: $3,500Net Assets 2022: $412,0722022Assets 2023: $353,901Liabilities 2023: $50,761Net Assets 2023: $303,1402023Assets 2024: $483,218Liabilities 2024: $269,323Net Assets 2024: $213,8952024

Highlighted filing

2021

Assets$276,740
Liabilities$24,119
Net Assets$252,621
Open 2021 Filing

Operations Trend

Revenue Growth53rd percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2017: $1,201,919Expenses 2017: $636,247Net Income 2017: $565,6722017Revenue 2018: $913,196Expenses 2018: $408,464Net Income 2018: $504,7322018Revenue 2019: $1,160,870Expenses 2019: $910,878Net Income 2019: $249,9922019Revenue 2020: $577,466Expenses 2020: $1,112,070Net Income 2020: -$534,6042020Revenue 2021: $671,107Expenses 2021: $685,244Net Income 2021: -$14,1372021Revenue 2022: $727,416Expenses 2022: $567,965Net Income 2022: $159,4512022Revenue 2023: $646,033Expenses 2023: $754,965Net Income 2023: -$108,9322023Revenue 2024: $464,630Expenses 2024: $553,875Net Income 2024: -$89,2452024

Highlighted filing

2021

Revenue$671,107
Expenses$685,244
Net Income-$14,137
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 7, 2023
Return Version
2021v4.2
Gross Receipts
$891,759
Mission and Program Overview

Mission

True value foundation provides resources to improve the lives of youth in the communities we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$99,388$138,444▲ $39,056
Savings and Temporary Cash Investments$250,275$101,062▼ $149,213
Receivables From Officers Etc$208,895$29,034▼ $179,861
Prepaid Expenses and Deferred Charges$15,000$8,200▼ $6,800
Total Assets$573,558$276,740▼ $296,818
Liabilities
Grants Payable$300,000$0▼ $300,000
Accounts Payable and Accrued Expenses$6,800$24,119▲ $17,319
Total Liabilities$306,800$24,119▼ $282,681
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$266,758$252,621▼ $14,137
Total Net Assets Fund Balance$266,758$252,621▼ $14,137
Total Liabilities and Net Assets / Fund Balance$573,558$276,740▼ $296,818
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleOtherTotal
Susan M RaddeFoundation Director$35,038$35,038

Board Members and Trustees

NameTitle
Brent a BurgerPresident
Brian a WebbVice President
Chris KempaDirector
John VanderpoolDirector
Urmi TrivediSecretary
Lori FeuerhelmTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$132,071
Program Service Revenue
$0
Investment Income
$80
Other Revenue
$538,956
Change in Net Assets
$-14,137

Audited Revenue Reconciliation

Revenue per Audited Statements
$671,107
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$85,008
Total Revenue per Audited Statements
$756,115
Total Revenue per Form 990
$671,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$408,144
Other Expenses$198,888
Salaries, Compensation, and Employee Benefits$78,212
Total Fundraising Expense$39,106
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$408,144--$408,144
Fees for Services Other$146,010$2,664-$148,674
Other Salaries and Wages-$21,587$21,587$43,174
Current Officers, Directors, Trustees, and Key Employees-$17,519$17,519$35,038
Fees for Services Accounting-$34,516-$34,516
Other Expenses-$9,625-$9,625
Office Expenses-$4,537-$4,537
Fees for Services Legal-$1,536-$1,536
Total Functional Expenses$554,154$91,984$39,106$685,244

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$770,252
Expenses per Audited Statements$685,244
Total Expenses per Form 990$685,244
Expenses Not Reported on Form 990$85,008
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys and Girls Club of ChicagoChicago, IL501(c)(3)To Support Programs That Nurture Stronger Futures for At-risk Youth Who Depend on the Club.$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$759,608
Fundraising Direct Expenses$220,652
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$759,608$759,608$103,980$655,628
Stewardship$131,666---
Total Events$891,679$759,608$220,652$538,956
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 Officers, Directors, Trustees, and Key Employees$208,895$29,034▼ $179,861
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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, Section A, Line 2

“Some of the directors of the organization are either board members or officers of the true value company.”

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

“The 990 is first reviewed by the foundation's volunteer accountant and her manager. With their approval, it is sent to 50% of the board, including the vice-president/treasurer, who then review it.”

Form 990, Part VI, Section B, Line 12C

“The board handles any conflicts as they arise and resolve the issues as they arise but have not found any problems to date. Every year, the board signs off on a certification of compliance that there are no conflicts of interest.”

Form 990, Part VI, Section B, Line 15A

“The board reviewed directors' salaries of other foundations in the area and determined a comparable compensation package.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
True Value Foundation
EIN
26-1897927
Phone
7736955000
Address
8600 W BRYN MAWR AVE, CHICAGO, IL 60631

Signing Officer

Name
Brian Qualizza
Title
Treasurer
Phone
7736955000
Signed
2023-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Qualizza
Formed
2008
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
102

Preparer

Firm
Bronswick Benjamin Pc
Address
8750 W BRYN MAWR AVE SUITE 650, CHICAGO, IL 60631
Preparer
Michael V Scialo
Phone
3126928300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Painting a brighter future: program service expenses 122,660. Management and general expenses 0. Fundraising expenses 0. Total expenses 122,660. Banking fees: program service expenses 0. Management and general expenses 2,664. Fundraising expenses 0. Total expenses 2,664. Youth up: program service expenses 23,350. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,350.”

Form 990 Part XII Line 2C

“The organization has a committee designated to oversee the audit process each year and they also evaluate after the completion of the audit on whether or not to retain the cpa that performed the audit.”

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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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IRS990/Desc0THE COMMUNITY SERVICE AND ASSISTANCE PROGRAM COVERS GRANTS PROVIDED TO THE TRUE VALUE BOYS AND GIRLS CLUB, AS WELL AS AWARDS TO THE CHICAGOLAND BOYS AND GIRLS CLUBS. THESE GRANTS CONTINUE THE HERITAGE OF NURTURING STRONGER FUTURES FOR AT-RISK YOUTH WHO DEPEND ON THESE CLUBS. IN ADDITION, BEGINNING IN 2020, THIS PROGRAM COVERS THE COST OF HEALTH AND SAFETY KITS DONATED TO SCHOOLS ACROSS THE COUNTRY AS PART OF THE "EDUCATIONAL HEROES SAFETY CAMPAIGN".
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0PAINTING A BRIGHTER FUTURE IS A PROGRAM THAT RALLIES RETAILERS TO THE CAUSE OF ENHANCING THE EDUCATIONAL ENVIRONMENT IN THEIR COMMUNITIES. ELEMENTARY, JUNIOR HIGH AND HIGH SCHOOLS AS WELL AS BOYS AND GIRLS CLUBS ACROSS THE COUNTRY THAT MEET BASIC QUALIFICATIONS ARE ELIGIBLE TO APPLY FOR AN AWARD TO RECEIVE UP TO 40 GALLONS OF PAINT TO HELP IMPROVE ITS FACILITIES. SINCE 2009, APPROXIMATELY 25,000 GALLONS OF PAINT HAVE BEEN DONATED THROUGH THIS PROGRAM.
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IRS990/ProgSrvcAccomActy3Grp/Desc0WHEN A TRUE VALUE COMPANY RETAILER GIVES BACK TO A YOUTH-DEVELOPMENT FOCUSED NON-PROFIT ORGANIZATION IN YOUR COMMUNITY, TRUE VALUE FOUNDATION MATCHES THE CONTRIBUTION DOLLAR FOR DOLLAR TO QUALIFYING ORGANIZATIONS, UP TO $1,000 ANNUALLY. FOR 2021, THE FOUNDATION DONATED TO 71 ORGANIZATIONS VIA 54 UNIQUE RETAILERS.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0735
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0265
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018788
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90560
IRS990ScheduleA/PublicSupportPY170Pct00.93350
IRS990ScheduleA/PublicSupportTotal170Amt03768326
IRS990ScheduleA/SubstantialContributorsTotAmt0374007
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0132071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt059594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01251065
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01248293
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01451310
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04142333
IRS990ScheduleA/TotalSupportAmt04161121
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt085008
IRS990ScheduleD/DonatedServicesUseFcltsAmt085008
IRS990ScheduleD/ExpensesNotReportedAmt085008
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0685244
IRS990ScheduleD/RevenueNotReportedAmt085008
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0671107
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0685244
IRS990ScheduleD/TotalRevenuePerForm990Amt0671107
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0756115
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0770252
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt09562
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt09562
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0132071
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0131666
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0405
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0220652
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0STEWARDSHIP
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0759608
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0131666
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0405
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0891679
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0759608
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0759608
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0538956
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0103980
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0103980
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0107110
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0107110
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT PROGRAMS THAT NURTURE STRONGER FUTURES FOR AT-RISK YOUTH WHO DEPEND ON THE CLUB.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOYS AND GIRLS CLUB OF CHICAGO
IRS990ScheduleI/RecipientTable/RecipientEIN0362166997
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0550 W VAN BUREN STREET NO 350
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060607
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOYS & GIRLS CLUB OF CHICAGO APPLIES THROUGH A GRANT PROPOSAL PROCESS THAT INCLUDES A DETAILED BUDGET. ONCE THE GRANT IS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS, THE CLUB IS REQUIRED TO REPORT BACK ON ITS PROGRESS MID-YEAR AND THEN AT THE END OF THE YEAR. BOTH REPORTS INCLUDE KEY MEASUREMENTS OF SUCCESS AND FINANCIAL INFORMATION. FUNDS ARE PROVIDED TO THEM UPON COMPLETION OF THEIR YEAR IF DESIGNATED CRITERIA ARE MET. SCHOLARSHIPS ARE AWARDED BASED ON CRITERIA SUBMITTED BY ELIGIBLE APPLICANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt029034
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0SUBSTANTIAL CONTRIBUTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0INTERCOMPANY TRANSACTIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0208895
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0SUBSTANTIAL CONTRIBUTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt029034
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOME OF THE DIRECTORS OF THE ORGANIZATION ARE EITHER BOARD MEMBERS OR OFFICERS OF THE TRUE VALUE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS FIRST REVIEWED BY THE FOUNDATION'S VOLUNTEER ACCOUNTANT AND HER MANAGER. WITH THEIR APPROVAL, IT IS SENT TO 50% OF THE BOARD, INCLUDING THE VICE-PRESIDENT/TREASURER, WHO THEN REVIEW IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD HANDLES ANY CONFLICTS AS THEY ARISE AND RESOLVE THE ISSUES AS THEY ARISE BUT HAVE NOT FOUND ANY PROBLEMS TO DATE. EVERY YEAR, THE BOARD SIGNS OFF ON A CERTIFICATION OF COMPLIANCE THAT THERE ARE NO CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWED DIRECTORS' SALARIES OF OTHER FOUNDATIONS IN THE AREA AND DETERMINED A COMPARABLE COMPENSATION PACKAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAINTING A BRIGHTER FUTURE: PROGRAM SERVICE EXPENSES 122,660. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,660. BANKING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,664. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,664. YOUTH UP: PROGRAM SERVICE EXPENSES 23,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,350.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS A COMMITTEE DESIGNATED TO OVERSEE THE AUDIT PROCESS EACH YEAR AND THEY ALSO EVALUATE AFTER THE COMPLETION OF THE AUDIT ON WHETHER OR NOT TO RETAIN THE CPA THAT PERFORMED THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0573558
IRS990/TotalAssetsEOYAmt0276740
IRS990/TotalAssetsGrp/BOYAmt0573558
IRS990/TotalAssetsGrp/EOYAmt0276740
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0132071
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039106
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091984
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0554154
IRS990/TotalFunctionalExpensesGrp/TotalAmt0685244
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0306800
IRS990/TotalLiabilitiesEOYAmt024119
IRS990/TotalLiabilitiesGrp/BOYAmt0306800
IRS990/TotalLiabilitiesGrp/EOYAmt024119
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0266758
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0252621
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0554154
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0539036
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0671107
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0102
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0573558
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0276740
IRS990/TotReportableCompRltdOrgAmt035038
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08600 W BRYN MAWR AVE
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060631
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0TRUEVALUECOMPANY.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN QUALIZZA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$276,740
Liabilities
$24,119
Net assets
$252,621
Revenue
$671,107
Expenses
$685,244
Net income
-$14,137
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.48$0.27$0.21$0.46$0.55$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.35$0.05$0.30$0.65$0.75$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.41$0.73$0.57$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.25$0.67$0.69$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.31$0.27$0.58$1.11$0.53
2019Detailed filing. Detailed filing data is available for this year.$1.62$0.81$0.80$1.16$0.91$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.68$0.37$1.31$0.91$0.41$0.50
2017Detailed filing. Detailed filing data is available for this year.$1.53$0.72$0.81$1.20$0.64$0.57