Civic Intelligence

The Friends of Cedu Foundation

EIN 31-1604130 • 501(c)3 • Chicago, IL

Profile

The friends of cedu foundation has been established for the purpose of providing financial assistance to needy students seeking to attend or currently enrolled at any school operated by the cedu family of services. Such assistance will be in the form of direct scholarships to such students, student loans from the foundation, or the guarantee of outside student loans by the foundation. The type of financial assistance to be provided and the recipients of such financial assistance will be determined on an ongoing basis by the trustees of the foundation, with the input of an advisory board and third parties.

120 S Riverside Plaza Suite 1200Chicago, IL 60606

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$2,478

No earlier filing loaded for comparison.

Net Income

-$2,478

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$0Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0K$2.0K$0-$2.0K-$4.0KRevenue 2015: $0Expenses 2015: $2,478Net Income 2015: -$2,4782015

Highlighted filing

2015

Revenue$0
Expenses$2,478
Net Income-$2,478
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$2,478
Net income
-$2,478
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0$0$0$0$2,478$2,478
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 14, 2016
Return Version
2015v2.1
Gross Receipts
$0
Mission and Program Overview

Mission

The friends of cedu foundation has been established for the purpose of providing financial assistance to needy students seeking to attend or currently enrolled at any school operated by the cedu family of services. Such assistance will be in the form of direct scholarships to such students, student loans from the foundation, or the guarantee of outside student loans by the foundation. The type of financial assistance to be provided and the recipients of such financial assistance will be determined on an ongoing basis by the trustees of the foundation, with the input of an advisory board and third parties.

The friends of cedu foundation has been established for the purpose of providing financial assistance to needy students seeking to attend or currently enrolled at any school operated by the cedu family of srvcs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,478$0▼ $2,478
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,478$0▼ $2,478
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,478$0▼ $2,478
Total Net Assets Fund Balance$2,478$0▼ $2,478
Total Liabilities and Net Assets / Fund Balance$2,478$0▼ $2,478
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Howard J SwibelTrustee
Joel HorowitzTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,478
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,478--$2,478
Total Functional Expenses$2,478$0$0$2,478
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Part VI, Section B, Line 11

“The organization makes its governing documents available to the public by written”

Form 990, Part VI, Section C, Line 19

“The form 990 is reviewed by the board before it is filed.request.”

Filing and Contact Details

Filer

Filer Name
The Friends of Cedu Foundation
EIN
31-1604130
Phone
3128767100
Address
120 S RIVERSIDE PLAZA SUITE 1200, CHICAGO, IL 60606

Signing Officer

Name
Howard J Swibel
Title
Trustee
Phone
3128767100
Signed
2016-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Howard J Swibel
Formed
1998
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Arnstein & Lehr Llp
Address
120 S RIVERSIDE PLAZA 1200, CHICAGO, IL 60606
Preparer
Thomas F Mcguire
Phone
3128767100
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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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