Civic Intelligence

The Foundation for Orthopaedics and Regenerative Medicine

990 • Fiscal year 2016 • EIN 30-0208620

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 12, 2017

1714 Milwaukee AvenueGlenview, IL 60025

(847) 699-6810

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

1st percentile

-94200%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

16th percentile

-29%

Faster asset growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-86%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,314

Down $942 (-29%) from 2015

Net Assets

Down

$2,314

Down $942 (-29%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$1

Down $6 (-86%) from 2015

Expenses

Up

$943

Up $848 (+893%) from 2015

Net Income

Down

-$942

Down $854 (-970%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $3,344Liabilities 2014: $0Net Assets 2014: $3,3442014Assets 2015: $3,256Liabilities 2015: $0Net Assets 2015: $3,2562015Assets 2016: $2,314Liabilities 2016: $0Net Assets 2016: $2,3142016Assets 2017: $2,226Liabilities 2017: $0Net Assets 2017: $2,2262017Assets 2018: $346Liabilities 2018: $0Net Assets 2018: $3462018Assets 2019: $44,229Liabilities 2019: $0Net Assets 2019: $44,2292019Assets 2020: $38,484Net Assets 2020: $38,4842020Assets 2021: $77,239Net Assets 2021: $77,2392021Assets 2024: $149,108Net Assets 2024: $149,1082024

Highlighted filing

2016

Assets$2,314
Liabilities$0
Net Assets$2,314

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2014: $352Expenses 2014: $0Net Income 2014: $3522014Revenue 2015: $7Expenses 2015: $95Net Income 2015: -$882015Revenue 2016: $1Expenses 2016: $943Net Income 2016: -$9422016Revenue 2017: $100Expenses 2017: $188Net Income 2017: -$882017Revenue 2018: $3,500Expenses 2018: $5,380Net Income 2018: -$1,8802018Revenue 2019: $46,900Expenses 2019: $3,017Net Income 2019: $43,8832019Revenue 2020: $49,050Expenses 2020: $54,795Net Income 2020: -$5,7452020Revenue 2021: $48,000Expenses 2021: $9,246Net Income 2021: $38,7542021Revenue 2024: $136,883Expenses 2024: $132,065Net Income 2024: $4,8182024

Highlighted filing

2016

Revenue$1
Expenses$943
Net Income-$942
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 12, 2017
Return Version
2016v3.0
Gross Receipts
$1
Mission and Program Overview

Mission

The purpose of the corporation is to serve as an educational, research and charitable organization to conduct medical research in orthopaedics

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,256$2,314▼ $942
Rtn Earn Endowment Incm Other Fnds$3,256$2,314▼ $942
Total Assets$3,256$2,314▼ $942
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,256$2,314▼ $942
Total Liabilities and Net Assets / Fund Balance$3,256$2,314▼ $942
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Chadwick ProdromosPresident
John SotosSecretary
Althea ProdromosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
Change in Net Assets
$-942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$643--$643
Fees for Services Legal$300--$300
Total Functional Expenses$943$0$0$943
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

NOT APPLICABLE

Filing and Contact Details

Filer

Filer Name
The Illinois Orthopaedic Foundation
EIN
30-0208620
Phone
8476996810
Address
1714 MILWAUKEE AVENUE, GLENVIEW, IL 60025

Signing Officer

Name
John Sotos
Title
Secretary
Phone
8476996810
Signed
2017-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Chadwick Prodromos
Formed
2003
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Jbs & Associates Accts & Consultant
Address
3700 W DEVON AVE, LINCOLNWOOD, IL 60712
Preparer
Jeffrey Stolberg
Phone
8476761716
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Medical research in orthopaedics related to knee and joint

Form 990, Part IX, Line 11G

Bank service charges 30 0 0 licenses & fees 13 0 0 research expenses 600 0 0 total 643 0 0

Raw XML Appendix226 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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IRS990/BooksInCareOfDetail/PersonNm0MARILYN PRODROMOS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt02314
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DR CHADWICK PRODROMOS
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0943
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IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt095
IRS990/PYRevenuesLessExpensesAmt0-88
IRS990/PYTotalExpensesAmt095
IRS990/PYTotalRevenueAmt07
IRS990/ReconcilationRevenueExpnssAmt0-942
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03256
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02314
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03256
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02314
IRS990ScheduleA/HospitalInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOT APPLICABLE
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ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits