Civic Intelligence

Life Quilt Foundation Nfp

990EZ • Fiscal year 2020 • EIN 27-3621437

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization Profilewww.lifequilt.org
1515 S Prairie Ave Unit 1106Chicago, IL 60605-3026

(847) 949-8263

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

71st percentile

22%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

65th percentile

18%

Faster asset growth than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

25%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$186,799

Up $27,962 (+18%) from 2019

Net Assets

Up

$185,356

Up $28,093 (+18%) from 2019

Liabilities

Down

$1,443

Down $131 (-8.3%) from 2019

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin71st percentile

Revenue

Up

$86,353

Up $17,047 (+25%) from 2019

Expenses

Up

$67,325

Up $55,715 (+480%) from 2019

Net Income

Down

$19,028

Down $38,668 (-67%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$200K$150K$100K$50K$0Assets 2018: $100,115Liabilities 2018: $548Net Assets 2018: $99,5672018Assets 2019: $158,837Liabilities 2019: $1,574Net Assets 2019: $157,2632019Assets 2020: $186,799Liabilities 2020: $1,443Net Assets 2020: $185,3562020Assets 2021: $179,725Liabilities 2021: $2,752Net Assets 2021: $176,9732021Assets 2022: $75,000Liabilities 2022: $2,046Net Assets 2022: $72,9542022Assets 2023: $107,984Liabilities 2023: $1,958Net Assets 2023: $106,0262023Assets 2024: $147,190Liabilities 2024: $2,405Net Assets 2024: $144,7852024

Highlighted filing

2020

Assets$186,799
Liabilities$1,443
Net Assets$185,356
Open 2020 Filing

Operations Trend

Revenue Growth81st percentile

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

$300K$200K$100K$0-$100KRevenue 2018: $59,742Expenses 2018: $4,971Net Income 2018: $54,7712018Revenue 2019: $69,306Expenses 2019: $11,610Net Income 2019: $57,6962019Revenue 2020: $86,353Expenses 2020: $67,325Net Income 2020: $19,0282020Revenue 2021: $110,311Expenses 2021: $118,694Net Income 2021: -$8,3832021Revenue 2022: $137,564Expenses 2022: $217,953Net Income 2022: -$80,3892022Revenue 2023: $53,417Expenses 2023: $51,394Net Income 2023: $2,0232023Revenue 2024: $40,388Expenses 2024: $32,417Net Income 2024: $7,9712024

Highlighted filing

2020

Revenue$86,353
Expenses$67,325
Net Income$19,028
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$86,353
Mission and Program Overview

Mission

Educational and food support for underserved students and their families - food boxes school supplies clothing and an inventory of inexpensive lending of tools to stretch the project budgets of community groups faith-based organizations schools local government agencies and other nonprofits - stitching together the resources to support the community.

Program Services

DescriptionGrantsExpenses
Backpacks with school supplies including winter outerwear were provided to 300 families including the coordination of volunteers. We built one hundred remote learning desks and donated them to families suffering from no surface to study or work from home. We lent hundreds of tools to organizations local government groups and schools for various needs including cleaning up after the civil unrest community gardens and other projects done by our not-for-profit member agencies.$0$61,690
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cassandra J KaczochaBoard Secretary-$0--
Kraig K JohnsonBoard President-$0--
Kim B HolmesExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Life Quilt Foundation Nfp
EIN
27-3621437
In Care Of
% Kim B Holmes
Address
1515 S PRAIRIE AVE UNIT 1106, Chicago, IL 60605-3026

Signing Officer

Name
Kim B Holmes
Title
Executive Director
Signed
2021-11-15
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| Discounts Refunds, $62| Unapplied Cash Payment Revenue - reimbursement for incorrect travel expense, $888|”

Part I, line 16

“| Other Expenses:, Amount:| Insurance - Directors & Officers CCT & Life Quilt, $867.00| Liability Insurance CCT & Life Quilt, $4123.00| Business Registration Fees, $6.00| PayPal Fees, $187.00| Program Supplies & Materials, $9348.00| Taxes & Licenses, $116.00| In Kind donations to community of USDA food boxes from GiveNKind and remote learning desks built by Rebuilding Together Metro Chicago with supplies from Lowe's and Home Depot., $4950.00| Bank Charges & Fees, $196.00| Unapplied Cash Payment Revenue not applied in 2019, $888.00| Covid-19 community relief efforts, $3000.00|”

Part I, line 20

“| Description:, Explanation:, Amount:| Retained Earnings, Journal entry for 12 31 2019 value of securities difference from what was recorded., $8869| Addition to Inventory, December 2019 theft, $196|”

Part II, line 24

“| Asset Name:, BOY Amount:, EOY Amount:| Inventory, $60689, $61628|”

Part II, line 26

“| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $1574, $1443|”

Raw XML Appendix168 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Kim B Holmes
IRS990EZ/BooksInCareOfDetail/PhoneNum08479498263
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01515 S Prairie Ave Unit 1106
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0606053026
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055991
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0125171
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt052246
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019028
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0186799
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt086353
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InvestmentIncomeAmt033157
IRS990EZ/LandAndBuildingsGrp/BOYAmt042157
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0157263
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0185356
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0157263
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0185356
IRS990EZ/OccupancyRentUtltsAndMaintAmt039666
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Cassandra J Kaczocha
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kraig K Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kim B Holmes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Executive Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt060689
IRS990EZ/OtherAssetsTotalDetail/EOYAmt061628
IRS990EZ/OtherChangesInNetAssetsAmt09065
IRS990EZ/OtherExpensesTotalAmt023681
IRS990EZ/OtherRevenueTotalAmt0950
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational and food support for underserved students and their families - food boxes school supplies clothing and an inventory of inexpensive lending of tools to stretch the project budgets of community groups faith-based organizations schools local government agencies and other nonprofits - stitching together the resources to support the community.
IRS990EZ/PrintingPublicationsPostageAmt03978
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Backpacks with school supplies including winter outerwear were provided to 300 families including the coordination of volunteers. We built one hundred remote learning desks and donated them to families suffering from no surface to study or work from home. We lent hundreds of tools to organizations local government groups and schools for various needs including cleaning up after the civil unrest community gardens and other projects done by our not-for-profit member agencies.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt061690
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01574
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01443
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt067325
IRS990EZ/TotalProgramServiceExpensesAmt061690
IRS990EZ/TotalRevenueAmt086353
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.lifequilt.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| S.No:, Amount:, Description:| 1, $62, Discounts Refunds| 2, $888, Unapplied Cash Payment Revenue - reimbursement for incorrect travel expense|
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part III, line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt052246
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt068442
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt055100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0175788
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0519
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt096
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt033772
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt033772
IRS990ScheduleA/InvestmentIncomeCYPct00.16043
IRS990ScheduleA/InvestmentIncomePYPct00.00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0950
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0950
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.83506
IRS990ScheduleA/PublicSupportPY509Pct00.00
IRS990ScheduleA/PublicSupportTotal509Amt0175788
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt052246
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt068442
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt055100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0175788
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt086353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt068961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt055196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0210510
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| Discounts Refunds, $62| Unapplied Cash Payment Revenue - reimbursement for incorrect travel expense, $888|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Insurance - Directors & Officers CCT & Life Quilt, $867.00| Liability Insurance CCT & Life Quilt, $4123.00| Business Registration Fees, $6.00| PayPal Fees, $187.00| Program Supplies & Materials, $9348.00| Taxes & Licenses, $116.00| In Kind donations to community of USDA food boxes from GiveNKind and remote learning desks built by Rebuilding Together Metro Chicago with supplies from Lowe's and Home Depot., $4950.00| Bank Charges & Fees, $196.00| Unapplied Cash Payment Revenue not applied in 2019, $888.00| Covid-19 community relief efforts, $3000.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Description:, Explanation:, Amount:| Retained Earnings, Journal entry for 12 31 2019 value of securities difference from what was recorded., $8869| Addition to Inventory, December 2019 theft, $196|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Asset Name:, BOY Amount:, EOY Amount:| Inventory, $60689, $61628|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $1574, $1443|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, line 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Kim B Holmes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFE QUILT FOUNDATION NFP
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0273621437
ReturnHeader/Filer/ForeignPhoneNum07088248337
ReturnHeader/Filer/InCareOfNm0% Kim B Holmes
ReturnHeader/Filer/USAddress/AddressLine1Txt01515 S PRAIRIE AVE UNIT 1106
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0606053026
ReturnHeader/ReturnTs02021-11-15T12:17:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$186,799
Liabilities
$1,443
Net assets
$185,356
Revenue
$86,353
Expenses
$67,325
Net income
$19,028
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.02$1.45$0.40$0.32$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.02$1.06$0.53$0.51$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.02$0.73$1.38$2.18$0.80
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.03$1.77$1.10$1.19$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.87$0.01$1.85$0.86$0.67$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.02$1.57$0.69$0.12$0.58
2018Detailed filing. Detailed filing data is available for this year.$1.00$0.01$1.00$0.60$0.05$0.55
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits