Civic Intelligence

Invest for Kids Inc

EIN 27-0826182 • 501(c)3 • Chicago, IL

Profile

To raise funds that will benefit Chicago-area children's charities. The accomplishment of this mission is through an annual conference that raises money by presenting ideas from an elite group of successful investment managers.

875 N Michigan Ave Suite 3400Chicago, IL 60611

www.investforkidschicago.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

41st percentile

0.8%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

47th percentile

2.5%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

3.0%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$719,279

Up $127,591 (+22%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$719,279

Up $127,591 (+22%) from 2022

Revenue

Up

$2,186,831

Up $173,240 (+8.6%) from 2022

Expenses

Down

$2,169,325

Down $102,071 (-4.5%) from 2022

Net Income

Up

$17,506

Up $275,311 (+107%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2020: $432,786Liabilities 2020: $0Net Assets 2020: $432,7862020Assets 2021: $849,493Liabilities 2021: $0Net Assets 2021: $849,4932021Assets 2022: $591,688Liabilities 2022: $0Net Assets 2022: $591,6882022Assets 2024: $719,279Liabilities 2024: $0Net Assets 2024: $719,2792024

Highlighted filing

2024

Assets$719,279
Liabilities$0
Net Assets$719,279

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $1,568,409Expenses 2020: $1,590,026Net Income 2020: -$21,6172020Revenue 2021: $1,726,967Expenses 2021: $1,310,260Net Income 2021: $416,7072021Revenue 2022: $2,013,591Expenses 2022: $2,271,396Net Income 2022: -$257,8052022Revenue 2024: $2,186,831Expenses 2024: $2,169,325Net Income 2024: $17,5062024

Highlighted filing

2024

Revenue$2,186,831
Expenses$2,169,325
Net Income$17,506

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$3,677,829
Mission and Program Overview

Mission

To raise funds that will benefit Chicago-area children's charities. The accomplishment of this mission is through an annual conference that raises money by presenting ideas from an elite group of successful investment managers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$701,773$719,279▲ $17,506
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$701,773$719,279▲ $17,506
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$637,380$719,279▲ $81,899
Net Assets With Donor Restrictions$64,393--
Total Net Assets Fund Balance$701,773$719,279▲ $17,506
Total Liabilities and Net Assets / Fund Balance$701,773$719,279▲ $17,506
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ronald S LevinPresident/Director
Brian T BurkeCFO/Director
Benjamin KovlerCEO/Tr/Secr.

Highest Paid Contractors

ContractorServicesLocationCompensation
Shane MorrisConsulting4459 N Beacon Street 2, Chicago, IL 60640$105,083
Revenue and Support

Revenue Composition

Contributions and Grants
$2,119,767
Program Service Revenue
$0
Investment Income
$67,064
Other Revenue
$0
All Other Contributions
$2,119,767
Change in Net Assets
$17,506

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$25,907Nyse
Total Noncash Contributions1$25,907-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,186,831
Revenue Not Reported on Form 990
$198,954
Total Revenue per Audited Statements
$2,385,785
Total Revenue per Form 990
$2,186,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,754,100
Other Expenses$415,225
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,754,100--$1,754,100
Fees for Services Other$293,908--$293,908
Conferences and Meetings$97,569--$97,569
Insurance$2,014--$2,014
Travel$596--$596
Other Expenses$547--$547
All Other Expenses$345--$345
Office Expenses$61--$61
Total Functional Expenses$2,169,325$0$0$2,169,325

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,178,245
Expenses per Audited Statements$2,169,325
Total Expenses per Form 990$2,169,325
Expenses Not Reported on Form 990$8,920
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Atlas Fellows IncChicago, IL-To aid their exempt purpose$200,000
Camp For All KidsChicago, IL-To aid their exempt purpose$200,000
Chicago Eco HouseNehemiahGrpChicago, IL-To aid their exempt purpose$200,000
College Possible ChicagoChicago, IL-To aid their exempt purpose$200,000
Great Lakes Academy IncChicago, IL-To aid their exempt purpose$200,000
Ingenuity Incorporated ChicagChicago, IL-To aid their exempt purpose$200,000
Legal Prep Charter AcademiesChicago, IL-To aid their exempt purpose$200,000
Metro SquashChicago, IL-To aid their exempt purpose$200,000
Chicago ScholarsChicago, IL-To aid their exempt purpose$73,600
IL Network of Charter SchoolsChicago, IL-To aid their exempt purpose$35,500
DePaul University-Division ofChicago, IL-To aid their exempt purpose$20,000
CareerSpring FoundationBellaire, TX-To aid their exempt purpose$10,000
Harris Theater-ATPChicago, IL-To aid their exempt purpose$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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

Benjamin Kovler and Brian T Burke have a business relationship.

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

Copy of Form 990 & audited financial statements are provided to the organization for review and approval.

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

The organization regularly and consistently monitors and enforces any conflicts of interest. Each Board Member and Officer must review and comply with the conflict of interest policy through annual affirmations.

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

No compensation was paid to the organization's President, Top Management Official, CEO, CFO, Officer, or Key Employee. All positions are strictly on a volunteer basis.

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

No compensation was paid to the organization's President, Top Management Official, CEO, CFO, Officer, or Key Employee. All positions are strictly on a volunteer basis.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, document retention policy, whistleblower policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Invest for Kids Inc
EIN
27-0826182
Phone
3126645050
Address
875 N Michigan Ave Suite 3400, Chicago, IL 60611

Signing Officer

Name
Benjamin Kovler
Title
CEO
Phone
3126645050
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Kovler
Formed
2009
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
89

Preparer

Firm
Vincent BlumeCPAKovler Family Fnd
Address
875 N Michigan Ave - 3400, Chicago, IL 60611
Preparer
Brian T Burke
Phone
3126645050
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Accrued Contributions&Grants Receivable $198954

Part XII, Line 2D: Other expenses and losses per audited F/S

Net Accrued Expenses $8920

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IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98710
IRS990ScheduleA/PublicSupportPY170Pct00.99370
IRS990ScheduleA/PublicSupportTotal170Amt09490706
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02119767
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02071168
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02004179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01726576
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01569016
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09490706
IRS990ScheduleA/TotalSupportAmt09615121
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt08920
IRS990ScheduleD/ExpensesSubtotalAmt02169325
IRS990ScheduleD/OtherExpensesIncludedAmt08920
IRS990ScheduleD/OtherRevenueAmt0198954
IRS990ScheduleD/RevenueNotReportedAmt0198954
IRS990ScheduleD/RevenueSubtotalAmt02186831
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accrued Contributions&Grants Receivable $198954
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Net Accrued Expenses $8920
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt02169325
IRS990ScheduleD/TotalRevenuePerForm990Amt02186831
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02385785
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02178245
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0200000
IRS990ScheduleI/RecipientTable/CashGrantAmt1200000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt3200000
IRS990ScheduleI/RecipientTable/CashGrantAmt473600
IRS990ScheduleI/RecipientTable/CashGrantAmt5200000
IRS990ScheduleI/RecipientTable/CashGrantAmt620000
IRS990ScheduleI/RecipientTable/CashGrantAmt7200000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt935500
IRS990ScheduleI/RecipientTable/CashGrantAmt10200000
IRS990ScheduleI/RecipientTable/CashGrantAmt11200000
IRS990ScheduleI/RecipientTable/CashGrantAmt12200000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11To aid their exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12To aid their exempt purpose
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Atlas Fellows Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Camp For All Kids
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CareerSpring Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Chicago Eco HouseNehemiahGrp
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Chicago Scholars
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5College Possible Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6DePaul University-Division of
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Great Lakes Academy Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Harris Theater-ATP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9IL Network of Charter Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Ingenuity Incorporated Chicag
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11Legal Prep Charter Academies
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12Metro Squash
IRS990ScheduleI/RecipientTable/RecipientEIN0872848964
IRS990ScheduleI/RecipientTable/RecipientEIN1431739511
IRS990ScheduleI/RecipientTable/RecipientEIN2851275392
IRS990ScheduleI/RecipientTable/RecipientEIN3465737246
IRS990ScheduleI/RecipientTable/RecipientEIN4364117530
IRS990ScheduleI/RecipientTable/RecipientEIN5411968798
IRS990ScheduleI/RecipientTable/RecipientEIN6362167048
IRS990ScheduleI/RecipientTable/RecipientEIN7461862158
IRS990ScheduleI/RecipientTable/RecipientEIN8363930153
IRS990ScheduleI/RecipientTable/RecipientEIN9141862409
IRS990ScheduleI/RecipientTable/RecipientEIN10611652413
IRS990ScheduleI/RecipientTable/RecipientEIN11271071296
IRS990ScheduleI/RecipientTable/RecipientEIN12202614486
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0444 W Lake Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1818 East 63rd Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25311 Valerie St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt36439 S Peoria St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4247 S State Street 700
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5833 N Orleans Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61 E Jackson Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt78401 S Saginaw Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8205 East Randolph Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9150 N Michigan Ave Suite 430
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10440 North Wells Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt114319 W Washington Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt126100 S Cottage Grove Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Bellaire
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm10Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm11Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm12Chicago
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8IL

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