Civic Intelligence

Niagara Foundation

990EZ • Fiscal year 2023 • EIN 26-4443012

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

99th percentile

13.22x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.49x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

46th percentile

1.0%

Higher net margin than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

7th percentile

-66%

Faster asset growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

74th percentile

34%

Faster revenue growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$4,180

Down $7,970 (-66%) from 2022

Net Assets

Up

-$51,089

Up $1,083 (+2.1%) from 2022

Liabilities

Down

$55,269

Down $9,053 (-14%) from 2022

Revenue

Up

$113,523

Up $28,569 (+34%) from 2022

Expenses

Up

$112,440

Up $5,204 (+4.9%) from 2022

Net Income

Up

$1,083

Up $23,365 (+105%) from 2022

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

2023

Assets$4,180
Liabilities$55,269
Net Assets-$51,089

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

2023

Revenue$113,523
Expenses$112,440
Net Income$1,083
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$113,523
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$30,643
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
2024-11-14

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

Program Expenses 30643.

Form 990EZ, Part I, Line 16

Bank Service Charges 984.

Form 990EZ, Part I, Line 16

Other exp 1703.

Raw XML Appendix162 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Expenses 30643.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Service Charges 984.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other exp 1703.
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Mevlut H Cinar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08476407272
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
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ReturnHeader/Filer/BusinessNameControlTxt0NIAG
ReturnHeader/Filer/EIN0264443012
ReturnHeader/Filer/PhoneNum08476407272
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ReturnHeader/PreparerPersonGrp/PhoneNum08477497372
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Hakan Sahsivar
ReturnHeader/ReturnTs02024-11-15T09:24:36-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings