Civic Intelligence

Niagara Foundation

990EZ • Fiscal year 2022 • EIN 26-4443012

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

501 Midway DrMount Prospect, IL 60056

(847) 640-7272

Siviq Scores

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

Liabilities / Assets

98th percentile

5.29x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

0.76x

Higher debt load relative to revenue than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

16th percentile

-26%

Higher net margin than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-58%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

68th percentile

37%

Faster revenue growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$12,150

Down $16,940 (-58%) from 2021

Net Assets

Down

-$52,172

Down $22,282 (-75%) from 2021

Liabilities

Up

$64,322

Up $5,342 (+9.1%) from 2021

Revenue

Up

$84,954

Up $23,168 (+37%) from 2021

Expenses

Up

$107,236

Up $14,060 (+15%) from 2021

Net Income

Up

-$22,282

Up $9,108 (+29%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2016: $239,207Liabilities 2016: $78,760Net Assets 2016: $160,4472016Assets 2017: $191,612Liabilities 2017: $37,331Net Assets 2017: $154,2812017Assets 2018: $76,640Liabilities 2018: $20,400Net Assets 2018: $56,2402018Assets 2019: $11,795Liabilities 2019: $1,213Net Assets 2019: $10,5822019Assets 2020: $52,307Liabilities 2020: $50,807Net Assets 2020: $1,5002020Assets 2021: $29,090Liabilities 2021: $58,980Net Assets 2021: -$29,8902021Assets 2022: $12,150Liabilities 2022: $64,322Net Assets 2022: -$52,1722022Assets 2023: $4,180Liabilities 2023: $55,269Net Assets 2023: -$51,0892023Assets 2024: $2,502Liabilities 2024: $53,325Net Assets 2024: -$50,8232024

Highlighted filing

2022

Assets$12,150
Liabilities$64,322
Net Assets-$52,172

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $453,991Expenses 2016: $569,672Net Income 2016: -$115,6812016Revenue 2017: $309,116Expenses 2017: $315,282Net Income 2017: -$6,1662017Revenue 2018: $121,432Expenses 2018: $215,293Net Income 2018: -$93,8612018Revenue 2019: $77,454Expenses 2019: $77,338Net Income 2019: $1162019Revenue 2020: $52,804Expenses 2020: $61,886Net Income 2020: -$9,0822020Revenue 2021: $61,786Expenses 2021: $93,176Net Income 2021: -$31,3902021Revenue 2022: $84,954Expenses 2022: $107,236Net Income 2022: -$22,2822022Revenue 2023: $113,523Expenses 2023: $112,440Net Income 2023: $1,0832023Revenue 2024: $30,710Expenses 2024: $30,444Net Income 2024: $2662024

Highlighted filing

2022

Revenue$84,954
Expenses$107,236
Net Income-$22,282
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$84,954
Mission and Program Overview

Mission

Niagara Foundation serves social, peace,love,and friendship wisely and compassionately in support of human dignity and the common good by striving to bring forth the common values of humanity

Program Services

DescriptionGrantsExpenses
Niagara Foundation connected diverse cultures, faits and communities thru Interfaith gatherings, Educational forums and events.$0$87,749
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mevlut H CinarPresident-$0--
Scott AlexsanderDirector-$0--
Vahap UysalSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Niagara Foundation
EIN
26-4443012
Phone
8476407272
Address
501 Midway Dr, Mount Prospect, IL 60056

Signing Officer

Name
Mevlut H Cinar
Title
President
Phone
8476407272
Signed
2023-11-13

Preparer

Firm
Precise Accounting Inc
Address
225 N Arlington Heights Rd Suite 20, Elk Grove Village, IL 60007
Preparer
Hakan Sahsivar
Phone
8477497372
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

President reviews and shares with board members

Form 990EZ, Part I, Line 16

Office Supplies 2129.

Form 990EZ, Part I, Line 16

Program Expenses 8102.

Form 990EZ, Part I, Line 16

Bank Service Charges 2360.

Form 990EZ, Part I, Line 16

Advertising 1387.

Form 990EZ, Part I, Line 16

License & Fees

Form 990EZ, Part I, Line 16

Travel 7751.

Raw XML Appendix176 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/BooksInCareOfDetail/USAddress/CityNm0Mount Prospect
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mevlut H Cinar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Scott Alexsander
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/SchoolOperatingInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt084954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt061786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt052804
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IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0419687
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President reviews and shares with board members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Supplies 2129.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Expenses 8102.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Service Charges 2360.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Advertising 1387.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5License & Fees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Travel 7751.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08476407272
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
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ReturnHeader/Filer/BusinessNameControlTxt0NIAG
ReturnHeader/Filer/EIN0264443012
ReturnHeader/Filer/PhoneNum08476407272
ReturnHeader/Filer/USAddress/AddressLine1Txt0501 Midway Dr
ReturnHeader/Filer/USAddress/CityNm0Mount Prospect
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elk Grove Village
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
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ReturnHeader/PreparerPersonGrp/PhoneNum08477497372
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Hakan Sahsivar
ReturnHeader/ReturnTs02023-11-14T16:54:27-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Mevlut
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cinar
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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No mirrored PDF or thumbnail assets are attached yet.

Filings