Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Will Buy Locally Inc
EIN 26-3916794 • 501(c)6 • Joliet, IL
Profile
Support local businessess in will county
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $1,060 (-100%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$641
Down $419 (-40%) from 2023
Revenue
Down$299
Down $56 (-16%) from 2023
Expenses
Down$718
Down $138 (-16%) from 2023
Net Income
Up-$419
Up $82 (+16%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- -
- Net assets
- $641
- Revenue
- $299
- Expenses
- $718
- Net income
- -$419
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jan 25, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $299
Mission and Program Overview
Mission
Support local businessess in will county
Program Services
| Description | Grants | Expenses |
|---|---|---|
| "BUSINESS DOING BUSINESS" EXPO: GAVE LOCAL BUSINESSES EXPOSURE TO PRESENT THEMSELVES TO OTHER BUSINESSES AND THE COMMUNITY AT LARGE; ENCOURAGING WILL COUNTY RESIDENTS TO BUY LOCALLY. | - | - |
| WJOL RADIO ADVERTISING: GIVES BUSINESSES THE OPPORTUNITY TO PRESENT THEMSELVES TO WJOL LISTENERS AND TO REMIND RESIDENTS OF THE ADVANTAGES OF BUYING LOCALLY. | - | - |
| SCAVANGER HUNT: LOCAL COMMUNITY HAD TO STOP AT ALL LOCAL BUSINESSES AND HAD A COLLECTION EVENT (BUSINESS GAVE AWAY DOOR PRIZES TO COMMUNITY PARTICIPANTS); PRINT AND RADIO ADS. | - | - |
| NEGOTIATED CREDIT CARD PROCESSING DEAL FOR MEMBERS TO GET RATES BETTER THAN THEY WOULD HAVE GOTTEN ON THEIR OWN. SETUP FACEBOOK PAGE FOR GROUP WHICH HAS MANY COMMUNITY FRIENDS IN ADDITION TO MEMBERS OF GROUP. EFFICIENT AND CHEAP FORUM TO PROMOTE THEIR BUSINESS. REDUCED ELECTRIC RATES: FORMED A POOL AND NEGOTIATED MORE AFFORDABLE ELECTRIC RATES FOR MEMBERS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TIMOTHY REILLY | Secretary | - | $0 | - | - |
| GREGORY D SEVERSON | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Will Buy Locally Inc
- EIN
- 26-3916794
- Phone
- 8157441900
- Address
- 2807 BRENTON COURT, JOLIET, IL 60431
Signing Officer
- Name
- Gregory D Severson
- Title
- President
- Phone
- 8158234734
- Signed
- 2025-01-25
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Block Advisors
- Address
- 2321 PLAINFIELD RD, CREST HILL, IL 60403
- Preparer
- Gregory D Severson
- Phone
- 8157441900
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses legal and accounting 400 licenses and permits 10 website and internet exp 308 total 718”
Form 990-ez, Part II, Line 24
“Organization costs 404 404 less accumulated amortization 404 404 total 0 0”
Form 990-ez, Part III, Line 31
“Negotiated credit card processing deal for members to get rates better than they would have gotten on their own. Setup facebook page for group which has many community friends in addition to members of group. Efficient and cheap forum to promote their business. Reduced electric rates: formed a pool and negotiated more affordable electric rates for members.”
Raw XML Appendix103 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GREGORY D SEVERSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8157441900 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2807 BRENTON COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | JOLIET |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60431 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1060 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 299 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -419 |
| IRS990EZ/FinalReturnInd | 0 | X |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1060 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 299 |
| IRS990EZ/GroupExemptionNum | 0 | 0001 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1060 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 641 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1060 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TIMOTHY REILLY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GREGORY D SEVERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 718 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SUPPORT LOCAL BUSINESSESS IN WILL COUNTY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | "BUSINESS DOING BUSINESS" EXPO: GAVE LOCAL BUSINESSES EXPOSURE TO PRESENT THEMSELVES TO OTHER BUSINESSES AND THE COMMUNITY AT LARGE; ENCOURAGING WILL COUNTY RESIDENTS TO BUY LOCALLY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | WJOL RADIO ADVERTISING: GIVES BUSINESSES THE OPPORTUNITY TO PRESENT THEMSELVES TO WJOL LISTENERS AND TO REMIND RESIDENTS OF THE ADVANTAGES OF BUYING LOCALLY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | SCAVANGER HUNT: LOCAL COMMUNITY HAD TO STOP AT ALL LOCAL BUSINESSES AND HAD A COLLECTION EVENT (BUSINESS GAVE AWAY DOOR PRIZES TO COMMUNITY PARTICIPANTS); PRINT AND RADIO ADS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | NEGOTIATED CREDIT CARD PROCESSING DEAL FOR MEMBERS TO GET RATES BETTER THAN THEY WOULD HAVE GOTTEN ON THEIR OWN. SETUP FACEBOOK PAGE FOR GROUP WHICH HAS MANY COMMUNITY FRIENDS IN ADDITION TO MEMBERS OF GROUP. EFFICIENT AND CHEAP FORUM TO PROMOTE THEIR BUSINESS. REDUCED ELECTRIC RATES: FORMED A POOL AND NEGOTIATED MORE AFFORDABLE ELECTRIC RATES FOR MEMBERS. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 718 |
| IRS990EZ/TotalRevenueAmt | 0 | 299 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.WILLBUYLOCALLY.COM |
| IRS990ScheduleN/AssetsDistributedInd | 0 | true |
| IRS990ScheduleN/BondsOutstandingInd | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | false |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | false |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | true |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | false |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | false |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES LEGAL AND ACCOUNTING 400 LICENSES AND PERMITS 10 WEBSITE AND INTERNET EXP 308 TOTAL 718 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ORGANIZATION COSTS 404 404 LESS ACCUMULATED AMORTIZATION 404 404 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NEGOTIATED CREDIT CARD PROCESSING DEAL FOR MEMBERS TO GET RATES BETTER THAN THEY WOULD HAVE GOTTEN ON THEIR OWN. SETUP FACEBOOK PAGE FOR GROUP WHICH HAS MANY COMMUNITY FRIENDS IN ADDITION TO MEMBERS OF GROUP. EFFICIENT AND CHEAP FORUM TO PROMOTE THEIR BUSINESS. REDUCED ELECTRIC RATES: FORMED A POOL AND NEGOTIATED MORE AFFORDABLE ELECTRIC RATES FOR MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GREGORY D SEVERSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8158234734 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-01-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WILL BUY LOCALLY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WILL |
| ReturnHeader/Filer/EIN | 0 | 263916794 |
| ReturnHeader/Filer/PhoneNum | 0 | 8157441900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2807 BRENTON COURT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | JOLIET |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60431 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 431871840 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BLOCK ADVISORS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2321 PLAINFIELD RD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CREST HILL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60403 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8157441900 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-01-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREGORY D SEVERSON |
| ReturnHeader/ReturnTs | 0 | 2025-01-30T17:32:42-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.