Civic Intelligence

Interfaith Youth Core

EIN 30-0212534 • 501(c)3 • Chicago, IL

Profile

Interfaith Youth Core (IFYC) seeks to partner with higher education to elevate the civic priority of interfaith cooperation.

141 W Jackson Blvd No 3200Chicago, IL 60604

www.ifyc.org

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.08x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.21x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

51st percentile

4.8%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$522,505

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

42nd percentile

3.1%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-37%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$39,027,701

Up $1,178,557 (+3.1%) from 2023

Liabilities

Up

$2,946,095

Up $134,392 (+4.8%) from 2023

Net Assets

Up

$36,081,606

Up $1,044,165 (+3.0%) from 2023

Operations
Liabilities / Revenue42nd percentileNet Margin51st percentile

Revenue

Down

$14,293,673

Down $8,479,680 (-37%) from 2023

Expenses

Down

$13,605,106

Down $396,258 (-2.8%) from 2023

Net Income

Down

$688,567

Down $8,083,422 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$40M$30M$20M$10M$0Assets 2016: $17,127,980Liabilities 2016: $223,254Net Assets 2016: $16,904,7262016Assets 2017: $18,598,808Liabilities 2017: $684,812Net Assets 2017: $17,913,9962017Assets 2018: $18,520,299Liabilities 2018: $468,396Net Assets 2018: $18,051,9032018Assets 2019: $16,015,867Liabilities 2019: $517,276Net Assets 2019: $15,498,5912019Assets 2020: $26,504,366Liabilities 2020: $1,091,243Net Assets 2020: $25,413,1232020Assets 2021: $27,416,296Liabilities 2021: $1,752,186Net Assets 2021: $25,664,1102021Assets 2022: $26,794,305Liabilities 2022: $659,080Net Assets 2022: $26,135,2252022Assets 2023: $37,849,144Liabilities 2023: $2,811,703Net Assets 2023: $35,037,4412023Assets 2024: $39,027,701Liabilities 2024: $2,946,095Net Assets 2024: $36,081,6062024

Highlighted filing

2024

Assets$39,027,701
Liabilities$2,946,095
Net Assets$36,081,606
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$30M$20M$10M$0-$10MRevenue 2016: $6,562,294Expenses 2016: $6,478,688Net Income 2016: $83,6062016Revenue 2017: $7,464,691Expenses 2017: $6,458,253Net Income 2017: $1,006,4382017Revenue 2018: $7,378,364Expenses 2018: $7,243,957Net Income 2018: $134,4072018Revenue 2019: $4,501,527Expenses 2019: $7,098,100Net Income 2019: -$2,596,5732019Revenue 2020: $17,800,645Expenses 2020: $7,957,535Net Income 2020: $9,843,1102020Revenue 2021: $10,230,356Expenses 2021: $10,294,604Net Income 2021: -$64,2482021Revenue 2022: $14,394,776Expenses 2022: $13,271,663Net Income 2022: $1,123,1132022Revenue 2023: $22,773,353Expenses 2023: $14,001,364Net Income 2023: $8,771,9892023Revenue 2024: $14,293,673Expenses 2024: $13,605,106Net Income 2024: $688,5672024

Highlighted filing

2024

Revenue$14,293,673
Expenses$13,605,106
Net Income$688,567
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$39,027,701
Liabilities
$2,946,095
Net assets
$36,081,606
Revenue
$14,293,673
Expenses
$13,605,106
Net income
$688,567
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.0$2.95$36.1$14.3$13.6$0.69
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.8$2.81$35.0$22.8$14.0$8.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.8$0.66$26.1$14.4$13.3$1.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$1.75$25.7$10.2$10.3$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.5$1.09$25.4$17.8$7.96$9.84
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$0.52$15.5$4.50$7.10$2.60
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$0.47$18.1$7.38$7.24$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$0.68$17.9$7.46$6.46$1.01
2016Detailed filing. Detailed filing data is available for this year.$17.1$0.22$16.9$6.56$6.48$0.08
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Jun 10, 2019
Return Version
2017v2.3
Gross Receipts
$9,853,404
Mission and Program Overview

Mission

Interfaith America (IA) activates leaders to advance pluralistic values within their spheres of influence, which will in turn drive change in frameworks, policies, and practices across influential American institutions.

To partner with higher education to elevate the civic priority of interfaith.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$10,965,227$9,616,037▼ $1,349,190
Savings and Temporary Cash Investments$3,122,805$4,689,804▲ $1,566,999
Cash and Non-Interest-Bearing Accounts$3,794,316$3,376,463▼ $417,853
Prepaid Expenses and Deferred Charges$279,042$493,506▲ $214,464
Land, Buildings, and Equipment, Net$329,543$255,145▼ $74,398
Accounts Receivable$107,875$89,344▼ $18,531
Total Assets$18,598,808$18,520,299▼ $78,509
Liabilities
Accounts Payable and Accrued Expenses$651,150$427,014▼ $224,136
Deferred Revenue$33,662$41,382▲ $7,720
Total Liabilities$684,812$468,396▼ $216,416
Net Assets / Fund Balance
Temporarily Rstr Net Assets$13,756,096$12,472,983▼ $1,283,113
Unrestricted Net Assets$4,157,900$5,578,920▲ $1,421,020
Total Net Assets Fund Balance$17,913,996$18,051,903▲ $137,907
Total Liabilities and Net Assets / Fund Balance$18,598,808$18,520,299▼ $78,509

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$115,866$397,471$513,337
Equipment$130,982$58,919$189,901
Leasehold Improvements$8,297$2,593$10,890
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ebrahim PatelFounder & PresidentFT$295,286$32,945$328,231
Anthony BanoutVP of Institutional AdvancementFT$201,427$20,678$222,105
Kathryn BaxterVP Programs - Executive TeamFT$135,473$15,119$150,592
Amber HackerBoard TreasurerFT$130,782$18,025$148,807
Mary Ellen GiessSenior Director of Co-curricular PartnershipsFT$102,885$14,012$116,897

Board Members and Trustees

NameTitle
Brad HendersonFinance Committee Chair
Alan SolowDirector
Andrea SolowDirector
Anne HallettDirector
Ansaf KareemDirector
Connie DuckworthDirector
Donna CarrollDirector
Gail RosseauDirector
Howard MorganDirector
Jessica GreenDirector
Paul KnitterDirector
Richard KaufmanDirector
Rob GertnerDirector
Shakeeb AlamDirector
Steve BillDirector
Sunil GargDirector
Susan KiphartDirector
Susan ThistlewaiteDirector
Sylvia KaufmanDirector
Tarek ElmasryDirector
Toni ClarkDirector
Whitney AddingtonDirector
William EnrightDirector
Tom LevinsonEx-officio
Fred DavieSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$6,808,687
Program Service Revenue
$537,980
Investment Income
$31,697
Other Revenue
$0
All Other Contributions
$6,808,687
Change in Net Assets
$134,407

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 Traded3$232,227Selling Price
Total Noncash Contributions3$232,227-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,378,364
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$13,231
Total Revenue per Audited Statements
$7,391,595
Total Revenue per Form 990
$7,378,364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,237,175
Other Expenses$1,761,701
Grants and Similar Amounts Paid$1,245,081
Total Fundraising Expense$741,630
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,060,909$297,013$377,795$2,735,717
Grants to Domestic Orgs$1,094,422--$1,094,422
Current Officers, Directors, Trustees, and Key Employees$603,809$87,020$110,687$801,516
Office Expenses$577,115$41,043$68,263$686,421
Other Employee Benefits$318,063$491$32,664$351,218
Occupancy$249,856$41,962$33,548$325,366
Travel$185,494$18,848$44,920$249,262
Payroll Taxes$183,928$26,720$28,564$239,212
Information Technology$103,970$41,343$13,766$159,079
Grants to Domestic Individuals$150,659--$150,659
Fees for Services Other$118,366$20,193$8,064$146,623
Pension Plan Contributions$82,742$11,785$14,985$109,512
Depreciation Depletion$82,209$4,293$4,154$90,656
All Other Expenses$9,259$18,956$1,397$29,612
Insurance$4,736$22,157$668$27,561
Fees for Services Accounting-$26,900-$26,900
Other Expenses$7,580$10,473$79$18,132
Conferences and Meetings$13-$2,076$2,089
Total Functional Expenses$5,833,130$669,197$741,630$7,243,957

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,253,688
Expenses per Audited Statements$7,243,957
Total Expenses per Form 990$7,243,957
Expenses Not Reported on Form 990$9,731
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Ohio State UniversityColumbus, OH115Ideals Project$404,619
North Carolina State UniversityRaleigh, NC115Ideals Project$218,653
Association of American Colleges and UniversitiesWashington, DC501(c)(3)Increasing Curricular and Co-curricular Student Experiences$156,000
Council on FoundationsArlington, VA501(c)(3)Philanthropys Role in Religious Diversity Project$56,875
Elca - NecuChicago, IL501(c)(3)Peer Visition Grant$10,000
Association of Presbyterian Colleges and UniversitiesDecatur, GA501(c)(3)Peer Visition Grant$8,000
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
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 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

“Board members alan solow and andrea solow have a family relationship. Board members richard kaufman and sylvia kaufman have a family relationship. Board members that have a family relationship share one director's vote.”

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

“The 990 will be distributed to the board chair and finance committee prior to filing with the irs. The finance committee will review the tax return and authorized individuals will sign the return.”

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

“Each board member is asked to complete an annual conflict of interest statement to disclose any known conflicts of interest. All statements shall be reviewed by the board as appropriate.”

Form 990, Part VI, Section B, Line 15

“Each fiscal year the board reviews the compensation of the founder and president. Compensation is set after review of comparable data at other organizations and an assessment of the founder and president's performance. The executive committee conducts this analysis. The board approves the budget, which includes compensation levels for all staff.”

Form 990, Part VI, Section C, Line 19

“Ifyc's audited financial statements are available to the general public on its website. Governing documents and the conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Interfaith Youth Core
EIN
30-0212534
Phone
3125738825
Address
141 W JACKSON BLVD NO 3200, CHICAGO, IL 60604

Signing Officer

Name
Ebrahim Patel
Title
Founder & President
Phone
3125738825
Signed
2019-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ebrahim Patel
Formed
2002
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
51
Volunteers
25

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Kimberly a Haumann
Phone
3122071040
Raw XML AppendixShowing 400 of 819 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/ActivityOrMissionDesc0TO PARTNER WITH HIGHER EDUCATION TO ELEVATE THE CIVIC PRIORITY OF INTERFAITH.
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IRS990/Desc0MODEL ENVIRONMENT: IFYC ARTICULATES A HIGH STANDARD OF EXCELLENCE FOR LAUNCHING AND SUSTAINING INTERFAITH INITIATIVES WITHIN HIGHER EDUCATION, USING OUR LEADERSHIP PRACTICES FOR INTERFAITH EXCELLENCE IN HIGHER EDUCATION AS A GUIDEPOST. WE PARTNER WITH CAMPUSES TO IMPLEMENT CONSULTATIONS, DEVISE ASSESSMENT RESOURCES, AND STEWARD RELATIONSHIPS OVER THE LONG-TERM, ACHIEVING SUSTAINABLE INSTITUTION-WIDE SHIFTS EMBEDDING INTERFAITH COOPERATION. - WITH OVER 466 CAMPUSES ADOPTING IFYC'S 1 TO 9 LEADERSHIP PRACTICES FOR INTERFAITH EXCELLENCE, A COMMITMENT TO INTERFAITH COOPERATION HAS SPREAD TO OVER 16.5% OF THE 2,800-UNIT SECTOR (FOUR YEAR, RESIDENTIAL COLLEGES AND UNIVERSITIES).-IN PARTNERSHIP WITH THE ASSOCIATION OF AMERICAN COLLEGES & UNIVERSITIES (AAC&U), WE LAUNCHED A THREE-YEAR PROGRAM THAT ADVANCES CAMPUS WIDE INTERFAITH COOPERATION THROUGH AAC&U'S SUMMER INSTITUTE STRUCTURE. - OUR WORK TO SUPPORT THE DEVELOPMENT OF 220 NEW COURSES AND COURSE SEQUENCES IN INTERFAITH STUDIES CONTINUED TO GROW CONSIDERABLY IN FY18, AS WE BOTH CATALYZED AND LEVERAGED EXPONENTIAL INTEREST FROM FACULTY, HIGHER EDUCATION NETWORKS, AND PHILANTHROPIC PARTNERS.-WE AWARDED 28 CAMPUS INNOVATION GRANTS AND STRATEGY GRANTS TO COLLEGE AND UNIVERSITY CAMPUSES TO SUPPORT THE DEEPENING OF INTERFAITH EFFORTS AND STAFF AND FACULTY CAPACITY.-IFYC LAUNCHED THE SECOND YEAR OF THE CAMPUS INTERFAITH INVENTORY (CII), AN INSTITUTIONAL ASSESSMENT TO HELP CAMPUS PARTNERS TRACK THEIR WORK ALONG IFYC'S 9 LEADERSHIP PRACTICES FOR INTERFAITH EXCELLENCE IN HIGHER EDUCATION.
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2560.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2660.00
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IRS990/Form990PartVIISectionAGrp/PersonNm3ALAN SOLOW
IRS990/Form990PartVIISectionAGrp/PersonNm4ANDREA SOLOW
IRS990/Form990PartVIISectionAGrp/PersonNm5ANSAF KAREEM
IRS990/Form990PartVIISectionAGrp/PersonNm6JESSICA GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm7PAUL KNITTER
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IRS990/Form990PartVIISectionAGrp/PersonNm9RICHARD KAUFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10SYLVIA KAUFMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm12TONI CLARK
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IRS990/Form990PartVIISectionAGrp/PersonNm16GAIL ROSSEAU
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IRS990/Form990PartVIISectionAGrp/PersonNm19TAREK ELMASRY
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IRS990/Form990PartVIISectionAGrp/PersonNm21ROB GERTNER
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IRS990/Form990PartVIISectionAGrp/PersonNm28KATHRYN BAXTER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FINANCE COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt26FOUNDER & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP OF INSTITUTIONAL ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt28VP PROGRAMS - EXECUTIVE TEAM
IRS990/Form990PartVIISectionAGrp/TitleTxt29SENIOR DIRECTOR OF CO-CURRICULAR PARTNERSHIPS
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IRS990/Form990TFiledInd01
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