Civic Intelligence

The Libenu Foundation

990 • Fiscal year 2013 • EIN 27-2149745

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 10, 2014

7247 N St LouisSuite60076

(847) 982-0340

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.24x

Higher debt load relative to assets than 62% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

83rd percentile

0.93x

Higher debt load relative to revenue than 83% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$1,297,446

No earlier filing loaded for comparison.

Net Assets

$988,426

No earlier filing loaded for comparison.

Liabilities

$309,020

No earlier filing loaded for comparison.

Revenue

$332,996

No earlier filing loaded for comparison.

Expenses

$124,871

No earlier filing loaded for comparison.

Net Income

$208,125

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $1,297,446Liabilities 2013: $309,020Net Assets 2013: $988,4262013Assets 2014: $1,654,163Liabilities 2014: $583,099Net Assets 2014: $1,071,0642014Assets 2015: $2,110,445Liabilities 2015: $871,069Net Assets 2015: $1,239,3762015Assets 2016: $2,365,536Liabilities 2016: $850,580Net Assets 2016: $1,514,9562016Assets 2017: $3,000,102Liabilities 2017: $1,346,864Net Assets 2017: $1,653,2382017Assets 2019: $2,589,365Liabilities 2019: $969,749Net Assets 2019: $1,619,6162019Assets 2020: $3,035,821Liabilities 2020: $1,039,616Net Assets 2020: $1,996,2052020Assets 2021: $3,637,657Liabilities 2021: $1,012,023Net Assets 2021: $2,625,6342021Assets 2022: $4,230,227Liabilities 2022: $1,155,352Net Assets 2022: $3,074,8752022Assets 2023: $6,612,849Liabilities 2023: $1,511,739Net Assets 2023: $5,101,1102023Assets 2024: $6,993,973Liabilities 2024: $1,583,418Net Assets 2024: $5,410,5552024

Highlighted filing

2013

Assets$1,297,446
Liabilities$309,020
Net Assets$988,426

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $332,996Expenses 2013: $124,871Net Income 2013: $208,1252013Revenue 2014: $254,006Expenses 2014: $171,368Net Income 2014: $82,6382014Revenue 2015: $416,910Expenses 2015: $247,473Net Income 2015: $169,4372015Revenue 2016: $512,078Expenses 2016: $237,148Net Income 2016: $274,9302016Revenue 2017: $549,033Expenses 2017: $410,751Net Income 2017: $138,2822017Revenue 2019: $605,369Expenses 2019: $695,438Net Income 2019: -$90,0692019Revenue 2020: $1,113,664Expenses 2020: $737,075Net Income 2020: $376,5892020Revenue 2021: $1,439,035Expenses 2021: $809,417Net Income 2021: $629,6182021Revenue 2022: $1,609,273Expenses 2022: $1,155,581Net Income 2022: $453,6922022Revenue 2023: $3,353,509Expenses 2023: $1,335,461Net Income 2023: $2,018,0482023Revenue 2024: $1,751,740Expenses 2024: $1,450,120Net Income 2024: $301,6202024

Highlighted filing

2013

Revenue$332,996
Expenses$124,871
Net Income$208,125
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$360,446
Mission and Program Overview

Mission

The libenu foundations mission is to provide opportunities for jewish adults with developmental disabilities to live independent, meaningful lives as respected members of the jewish community.

To provide opportunities for jewish adults with developmental disabilities to live independent, meaningful lives as respected members of the jewish community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$991,544$1,026,695▲ $35,151
Cash and Non-Interest-Bearing Accounts$134,914$266,706▲ $131,792
Intangible Assets$3,383$2,683▼ $700
Inventories for Sale or Use$0$1,362▲ $1,362
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,129,841$1,297,446▲ $167,605
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$349,540$309,020▼ $40,520
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$349,540$309,020▼ $40,520
Net Assets / Fund Balance
Unrestricted Net Assets$780,301$863,426▲ $83,125
Temporarily Rstr Net Assets$0$125,000▲ $125,000
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$780,301$988,426▲ $208,125
Total Liabilities and Net Assets / Fund Balance$1,129,841$1,297,446▲ $167,605

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$940,200$25,754$965,954
Land$63,511-$63,511
Other Land Buildings$22,984$6,980$29,964
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shana ErenbergPresident/director
Baruch SchurVice President/director
Debra HartmanSecretary/treasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$322,738
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$10,258
All Other Contributions
$195,820
Change in Net Assets
$208,125

Audited Revenue Reconciliation

Revenue per Audited Statements
$332,996
Revenue Not Reported on Form 990
$27,450
Total Revenue per Audited Statements
$360,446
Total Revenue per Form 990
$332,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,859
Salaries, Compensation, and Employee Benefits$38,012
Total Fundraising Expense$5,859
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,000$36,012-$38,012
Depreciation Depletion$27,137--$27,137
Interest$18,298--$18,298
Occupancy$15,125$252-$15,377
Fees for Services Accounting-$4,150-$4,150
Office Expenses-$3,281-$3,281
Fees for Services Legal-$2,011-$2,011
Insurance-$1,862-$1,862
Other Expenses-$1,428$5,859$1,428
Advertising-$1,242-$1,242
Travel-$852-$852
Conferences and Meetings-$441-$441
Total Functional Expenses$62,560$56,452$5,859$124,871

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$152,321
Expenses per Audited Statements$124,871
Total Expenses per Form 990$124,871
Expenses Not Reported on Form 990$27,450
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$27,450
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$81,826-$15,837-
Event 2$23,875-$3,451-
Total Events$126,918-$27,450$-27,450
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11A

The form 990 is emailed to the board of directors and discussed at a subsequent meeting before filing.

Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with the written conflict of interest policy.

Part VI, Section A, Line 1B

The organization currently houses the individuals in a rental building owned by a trust held in the name of a board member's spouse.

Filing and Contact Details

Filer

EIN
27-2149745
In Care Of
% JOLINE HOFFMANN
Phone
8479820340

Signing Officer

Name
Shana Erenberg
Title
President
Phone
8479820340
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shana Erenberg
Formed
2010
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
20

Preparer

Preparer
Eliezer Hildeshaim
Phone
8479820340
Supplemental Narrative

Financial Statement Notes

Schedule D, Part XI, Line 2D

Direct fundraising expenses: $27,450

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0586514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0117338
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01235981
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07049
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01014974
IRS990ScheduleA/SubstantialContributorsTotAmt0221007
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0322735
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0209394
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0586514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0117338
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01235981
IRS990ScheduleA/TotalSupportAmt01235981
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/BuildingsGrp/BookValueAmt0940200
IRS990ScheduleD/BuildingsGrp/DepreciationAmt025754
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0965954
IRS990ScheduleD/ExpensesNotReportedAmt027450
IRS990ScheduleD/ExpensesSubtotalAmt0124871
IRS990ScheduleD/LandGrp/BookValueAmt063511
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt063511
IRS990ScheduleD/OtherExpensesIncludedAmt027450
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022984
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06980
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029964
IRS990ScheduleD/OtherRevenueAmt027450
IRS990ScheduleD/RevenueNotReportedAmt027450
IRS990ScheduleD/RevenueSubtotalAmt0332996
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT FUNDRAISING EXPENSES: $27,450
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART XI, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01026695
IRS990ScheduleD/TotalExpensesPerForm990Amt0124871
IRS990ScheduleD/TotalRevenuePerForm990Amt0332996
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0360446
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0152321
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0126918
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt081826
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt023875
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt021217
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt081826
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt021217
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0126918
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0RECEPTION
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0ROSH HASHANAH
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-27450
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt08162
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt027450
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015837
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03451
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS EMAILED TO THE BOARD OF DIRECTORS AND DISCUSSED AT A SUBSEQUENT MEETING BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CURRENTLY HOUSES THE INDIVIDUALS IN A RENTAL BUILDING OWNED BY A TRUST HELD IN THE NAME OF A BOARD MEMBER'S SPOUSE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B, LINE 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION A, LINE 1B
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0125000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01129841
IRS990/TotalAssetsEOYAmt01297446
IRS990/TotalAssetsGrp/BOYAmt01129841
IRS990/TotalAssetsGrp/EOYAmt01297446
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0322738
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05859
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056452
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt062560
IRS990/TotalFunctionalExpensesGrp/TotalAmt0124871
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0349540
IRS990/TotalLiabilitiesEOYAmt0309020
IRS990/TotalLiabilitiesGrp/BOYAmt0349540
IRS990/TotalLiabilitiesGrp/EOYAmt0309020
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0780301
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0988426
IRS990/TotalProgramServiceExpensesAmt062560
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01708
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0332996
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01129841
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01297446
IRS990/TravelGrp/ManagementAndGeneralAmt0852
IRS990/TravelGrp/TotalAmt0852
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0780301
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0863426
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine107247 N ST LOUIS
IRS990/USAddress/City0SKOKIE
IRS990/USAddress/State0IL
IRS990/USAddress/ZIPCode060076
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0libenufoundation.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z

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