Civic Intelligence

Eleanore C Ferraro Scholarship Fund

EIN 27-1654085 • 501(c)3 • Homer Glen, IL

Pub. 78 Eligible990-N Coverage

Profile

To provide funds to needy and deserving children who desire to advance their educational studies beyond their primary education

16086 Alissa DriveHomer Glen, IL 60491-4004

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

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

Liabilities / Revenue

61st percentile

0.00x

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

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

Net Margin

7th percentile

-158%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

30th percentile

-21%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

92nd percentile

101%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$8,527

Down $4,515 (-35%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$8,527

Down $4,515 (-35%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin7th percentile

Revenue

Down

$1,489

Down $1,165 (-44%) from 2023

Expenses

Up

$6,004

Up $3,281 (+120%) from 2023

Net Income

Down

-$4,515

Down $4,446 (-6443%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

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

$30K$20K$10K$0Assets 2016: $26,179Liabilities 2016: $0Net Assets 2016: $26,1792016Assets 2017: $28,453Liabilities 2017: $0Net Assets 2017: $28,4532017Assets 2018: $25,259Liabilities 2018: $0Net Assets 2018: $25,2592018Assets 2020: $20,914Liabilities 2020: $0Net Assets 2020: $20,9142020Assets 2021: $16,872Liabilities 2021: $0Net Assets 2021: $16,8722021Assets 2022: $13,111Liabilities 2022: $0Net Assets 2022: $13,1112022Assets 2023: $13,042Liabilities 2023: $0Net Assets 2023: $13,0422023Assets 2024: $8,527Liabilities 2024: $0Net Assets 2024: $8,5272024

Highlighted filing

2024

Assets$8,527
Liabilities$0
Net Assets$8,527
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

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

$10K$5.0K$0-$5.0KRevenue 2016: $7,246Expenses 2016: $5,222Net Income 2016: $2,0242016Revenue 2017: $6,854Expenses 2017: $4,580Net Income 2017: $2,2742017Revenue 2018: $1,879Expenses 2018: $5,073Net Income 2018: -$3,1942018Revenue 2020: $588Expenses 2020: $1,124Net Income 2020: -$5362020Revenue 2021: $4,092Expenses 2021: $8,134Net Income 2021: -$4,0422021Revenue 2022: $2,382Expenses 2022: $6,143Net Income 2022: -$3,7612022Revenue 2023: $2,654Expenses 2023: $2,723Net Income 2023: -$692023Revenue 2024: $1,489Expenses 2024: $6,004Net Income 2024: -$4,5152024

Highlighted filing

2024

Revenue$1,489
Expenses$6,004
Net Income-$4,515
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,527
Liabilities
$0
Net assets
$8,527
Revenue
$1,489
Expenses
$6,004
Net income
-$4,515
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.53$0.00$8.53$1.49$6.00$4.52
2023Detailed filing. Detailed filing data is available for this year.$13.0$0.00$13.0$2.65$2.72$0.07
2022Detailed filing. Detailed filing data is available for this year.$13.1$0.00$13.1$2.38$6.14$3.76
2021Detailed filing. Detailed filing data is available for this year.$16.9$0.00$16.9$4.09$8.13$4.04
2020Detailed filing. Detailed filing data is available for this year.$20.9$0.00$20.9$0.59$1.12$0.54
2018Detailed filing. Detailed filing data is available for this year.$25.3$0.00$25.3$1.88$5.07$3.19
2017Detailed filing. Detailed filing data is available for this year.$28.5$0.00$28.5$6.85$4.58$2.27
2016Detailed filing. Detailed filing data is available for this year.$26.2$0.00$26.2$7.25$5.22$2.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,489
Mission and Program Overview

Mission

To provide funds to needy and deserving children who desire to advance their educational studies beyond their primary education

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS$6,000$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUDY FERRARODirector-$0--
JEANETTE OLSONDirector-$0--
JOSEPH FERRARODirector-$0--
JEAN FERRARODirector-$0--
Filing and Contact Details

Filer

Filer Name
Eleanor C Ferraro Scholarship Fund
EIN
27-1654085
Phone
6302436860
Address
16086 ALISSA DRIVE, HOMER GLEN, IL 60491-4004

Signing Officer

Name
Judy Ferraro
Title
Director
Phone
6302436860
Signed
2025-02-15
Discuss with paid preparer
Yes

Preparer

Firm
George Korbakes & Co Llp
Address
940 S FRONTAGE ROAD, WOODRIDGE, IL 60517
Preparer
George P Korbakes
Phone
6309854800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: vanguard. Amount: 854.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank charges. Amount: 4. Description: schilarship expense. Amount: 6,000. Total to form 990-ez, line 16: 6,004.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: vanguard investments. Beg. Of year amount: 6,441. End of year amount: 4,795.”

Raw XML Appendix144 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUDY FERRARO
IRS990EZ/BooksInCareOfDetail/PhoneNum06302436860
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016086 ALISSA DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOMER GLEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060491
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06601
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03732
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0635
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-4515
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013042
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08527
IRS990EZ/GrossReceiptsAmt01489
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013042
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08527
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013042
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08527
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUDY FERRARO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEANETTE OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSEPH FERRARO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEAN FERRARO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06441
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04795
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06004
IRS990EZ/OtherRevenueTotalAmt0854
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FUNDS TO NEEDY AND DESERVING CHILDREN WHO DESIRE TO ADVANCE THEIR EDUCATIONAL STUDIES BEYOND THEIR PRIMARY EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06004
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01489
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05363
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt05363
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01578
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05363
IRS990ScheduleA/TotalSupportAmt05363
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: VANGUARD. AMOUNT: 854.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 4. DESCRIPTION: SCHILARSHIP EXPENSE. AMOUNT: 6,000. TOTAL TO FORM 990-EZ, LINE 16: 6,004.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: VANGUARD INVESTMENTS. BEG. OF YEAR AMOUNT: 6,441. END OF YEAR AMOUNT: 4,795.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDY FERRARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06302436860
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELEANOR C FERRARO SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0ELEA
ReturnHeader/Filer/EIN0271654085
ReturnHeader/Filer/PhoneNum06302436860
ReturnHeader/Filer/USAddress/AddressLine1Txt016086 ALISSA DRIVE
ReturnHeader/Filer/USAddress/CityNm0HOMER GLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0604914004
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363861468
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGE KORBAKES & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0940 S FRONTAGE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060517
ReturnHeader/PreparerPersonGrp/PhoneNum06309854800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE P KORBAKES
ReturnHeader/ReturnTs02025-02-18T11:39:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.