Civic Intelligence

The Icarus Foundation

990EZ • Fiscal year 2019 • EIN 34-1863586

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 01, 2020

Organization ProfileN/A
11001 Edgewater DrCleveland, OH 44102

(216) 241-2127

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

40th percentile

-0.0%

Higher net margin than 40% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$2,121

Down $51 (-2.3%) from 2015

Net Assets

Down

$2,121

Down $51 (-2.3%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin40th percentile

Revenue

Up

$87,015

Up $87,015 from 2015

Expenses

$87,031

No earlier filing loaded for comparison.

Net Income

-$16

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0K$2.0K$1.0K$0Assets 2013: $2,873Net Assets 2013: $2,8732013Assets 2014: $2,172Net Assets 2014: $2,1722014Assets 2015: $2,172Net Assets 2015: $2,1722015Assets 2019: $2,121Net Assets 2019: $2,1212019Assets 2020: $2,121Net Assets 2020: $2,1212020

Highlighted filing

2019

Assets$2,121
Liabilities-
Net Assets$2,121
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2013: $15,318Expenses 2013: $12,445Net Income 2013: $2,8732013Revenue 2014: -$631Expenses 2014: $70Net Income 2014: -$7012014Revenue 2015: $02015Revenue 2019: $87,015Expenses 2019: $87,031Net Income 2019: -$162019Revenue 2020: $02020

Highlighted filing

2019

Revenue$87,015
Expenses$87,031
Net Income-$16
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 1, 2020
Return Version
2019v5.1
Gross Receipts
$87,015
Mission and Program Overview

Mission

Training under priveledged kids to be pilots and helping others less fortunate as well.

Program Services

DescriptionGrantsExpenses
0$87,015$87,000
Formed a formal association/alliance with NASA's SEMMAprogram to expand the scope of their Aerospace Lab at Cuyahoga Community College downtown campus.$0$0
Expanded our outreach/awareness programs in Cuyahoga and Summit Counties as it relates to the Aerospace Industryand the related vocations to reach over 13,000 students.$0$0
Fundraiser Events are to help those who are less fortunate. we raised this money for a fellow pilotwho has cancer to help with his medical bills.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
George K KatsikasTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
The Icarus Foundation
EIN
34-1863586
Phone
2162412127
Address
11001 Edgewater Dr, Cleveland, OH 44102

Signing Officer

Name
George Katsikas
Title
President
Phone
2162412127
Signed
2020-06-01
Discuss with paid preparer
Yes

Preparer

Firm
Creative Business Strategies
Address
192 E WALLINGS RD, BROADVIEW HEIGHTS, OH 44147
Preparer
Gary Cerasi
Phone
4405469359
Supplemental Narrative

Additional Explanations

Pt III, Line 31

“Pilots and medical teams were sent to the Bahamas to transport critical care patients from the devastated islands.”

Form 990EZ, Part I, Line 16

“Donations 0.”

Form 990EZ, Part I, Line 16

“Service Charges 31.”

Form 990EZ, Part II, Line 26

“Loans from Officers & Others”

Form 990EZ, Part II, Line 26

“Federal tax”

Form 990EZ, Part II, Line 26

“State tax”

Form 990EZ, Part II, Line 26

“City tax”

Raw XML Appendix150 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/USAddress/CityNm0Cleveland
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044143
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OccupancyRentUtltsAndMaintAmt087000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt031
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Training under priveledged kids to be pilots and helping others less fortunate as well.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Formed a formal association/alliance with NASA's SEMMAprogram to expand the scope of their Aerospace Lab at Cuyahoga Community College downtown campus.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Expanded our outreach/awareness programs in Cuyahoga and Summit Counties as it relates to the Aerospace Industryand the related vocations to reach over 13,000 students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Fundraiser Events are to help those who are less fortunate. we raised this money for a fellow pilotwho has cancer to help with his medical bills.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt30
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt387015
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt387000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt087031
IRS990EZ/TotalProgramServiceExpensesAmt087000
IRS990EZ/TotalRevenueAmt087015
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt087015
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt087015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt087015
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt087015
IRS990ScheduleA/Total509Grp/TotalAmt087015
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt087015
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pilots and medical teams were sent to the Bahamas to transport critical care patients from the devastated islands.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Donations 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Service Charges 31.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Loans from Officers & Others
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Federal tax
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5State tax
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6City tax
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02020-11-06 18:47:13Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0George Katsikas
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02162412127
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Icarus Foundation
ReturnHeader/Filer/BusinessNameControlTxt0ICAR
ReturnHeader/Filer/EIN0341863586
ReturnHeader/Filer/PhoneNum02162412127
ReturnHeader/Filer/USAddress/AddressLine1Txt011001 Edgewater Dr
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.99.156.134
ReturnHeader/FilingSecurityInformation/IPDt02020-06-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:14:03
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CREATIVE BUSINESS STRATEGIES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0192 E WALLINGS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROADVIEW HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044147
ReturnHeader/PreparerPersonGrp/PhoneNum04405469359
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gary Cerasi
ReturnHeader/ReturnTs02020-06-03T12:14:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,121
Liabilities
-
Net assets
$2,121
Revenue
$87,015
Expenses
$87,031
Net income
-$16
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$2.12$2.12$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.12$2.12$87.0$87.0$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.17$2.17$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.17$2.17$0.63$0.07$0.70
2013Detailed filing. Detailed filing data is available for this year.$2.87$2.87$15.3$12.4$2.87