Civic Intelligence

Chicago Youth Centers

990 • Fiscal year 2018 • EIN 36-2344429

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 05, 2019

218 S Wabash Avenue Suite 510Chicago, IL 60604

(312) 913-1700

Siviq Scores

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

Liabilities / Assets

40th percentile

0.13x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

36th percentile

0.13x

Higher debt load relative to revenue than 36% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

48th percentile

2.6%

Higher net margin than 48% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

46th percentile

$163,832

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

48th percentile

1.5%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

8.8%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$9,191,394

Up $139,253 (+1.5%) from 2017

Net Assets

Up

$8,016,998

Up $404,238 (+5.3%) from 2017

Liabilities

Down

$1,174,396

Down $264,985 (-18%) from 2017

Revenue

Up

$8,968,206

Up $725,902 (+8.8%) from 2017

Expenses

Up

$8,737,224

Up $151,053 (+1.8%) from 2017

Net Income

Up

$230,982

Up $574,849 (+167%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $11,376,579Liabilities 2011: $6,748,313Net Assets 2011: $4,628,2662011Assets 2012: $10,109,870Liabilities 2012: $10,823,896Net Assets 2012: -$714,0262012Assets 2013: $8,814,913Liabilities 2013: $1,404,326Net Assets 2013: $7,410,5872013Assets 2014: $8,751,577Liabilities 2014: $1,642,053Net Assets 2014: $7,109,5242014Assets 2015: $8,259,372Liabilities 2015: $1,525,813Net Assets 2015: $6,733,5592015Assets 2016: $8,867,885Liabilities 2016: $1,387,386Net Assets 2016: $7,480,4992016Assets 2017: $9,052,141Liabilities 2017: $1,439,381Net Assets 2017: $7,612,7602017Assets 2018: $9,191,394Liabilities 2018: $1,174,396Net Assets 2018: $8,016,9982018Assets 2019: $8,433,051Liabilities 2019: $1,143,503Net Assets 2019: $7,289,5482019Assets 2020: $9,222,148Liabilities 2020: $2,538,685Net Assets 2020: $6,683,4632020Assets 2021: $10,778,341Liabilities 2021: $1,270,781Net Assets 2021: $9,507,5602021Assets 2022: $12,863,906Liabilities 2022: $2,292,004Net Assets 2022: $10,571,9022022Assets 2023: $17,925,143Liabilities 2023: $2,985,145Net Assets 2023: $14,939,9982023Assets 2025: $18,087,443Liabilities 2025: $3,039,972Net Assets 2025: $15,047,4712025

Highlighted filing

2018

Assets$9,191,394
Liabilities$1,174,396
Net Assets$8,016,998

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $10,895,6492011Expenses 2012: $11,117,1262012Expenses 2013: $10,698,5572013Revenue 2014: $9,184,699Expenses 2014: $9,874,077Net Income 2014: -$689,3782014Revenue 2015: $9,866,723Expenses 2015: $9,832,494Net Income 2015: $34,2292015Revenue 2016: $10,036,707Expenses 2016: $8,952,821Net Income 2016: $1,083,8862016Revenue 2017: $8,242,304Expenses 2017: $8,586,171Net Income 2017: -$343,8672017Revenue 2018: $8,968,206Expenses 2018: $8,737,224Net Income 2018: $230,9822018Revenue 2019: $8,425,754Expenses 2019: $8,908,256Net Income 2019: -$482,5022019Revenue 2020: $8,362,062Expenses 2020: $8,910,629Net Income 2020: -$548,5672020Revenue 2021: $11,232,694Expenses 2021: $9,676,568Net Income 2021: $1,556,1262021Revenue 2022: $13,202,301Expenses 2022: $10,644,736Net Income 2022: $2,557,5652022Revenue 2023: $17,261,093Expenses 2023: $13,263,408Net Income 2023: $3,997,6852023Revenue 2025: $13,123,009Expenses 2025: $14,258,857Net Income 2025: -$1,135,8482025

Highlighted filing

2018

Revenue$8,968,206
Expenses$8,737,224
Net Income$230,982
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 5, 2019
Return Version
2017v2.3
Gross Receipts
$10,240,147
Mission and Program Overview

Mission

Chicago Youth Centers invests in youth in underserved communities in Chicago to help them discover and realize their full potential.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,618,537$5,832,494▲ $213,957
Pledges and Grants Receivable$902,402$1,116,656▲ $214,254
Cash and Non-Interest-Bearing Accounts$1,128,910$1,020,075▼ $108,835
Land, Buildings, and Equipment, Net$830,686$717,054▼ $113,632
Savings and Temporary Cash Investments$485,269$339,891▼ $145,378
Accounts Receivable$53,683$117,344▲ $63,661
Prepaid Expenses and Deferred Charges$30,225$45,332▲ $15,107
Investments Other Securities$2,429$2,548▲ $119
Total Assets$9,052,141$9,191,394▲ $139,253
Liabilities
Accounts Payable and Accrued Expenses$743,706$693,956▼ $49,750
Mortgage Notes Payable Secured by Investment Property$400,000$250,000▼ $150,000
Other Liabilities$178,737$150,756▼ $27,981
Deferred Revenue$116,938$79,684▼ $37,254
Total Liabilities$1,439,381$1,174,396▼ $264,985
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,121,642$3,122,342▲ $700
Unrestricted Net Assets$2,723,734$2,757,967▲ $34,233
Temporarily Rstr Net Assets$1,767,384$2,136,689▲ $369,305
Total Net Assets Fund Balance$7,612,760$8,016,998▲ $404,238
Total Liabilities and Net Assets / Fund Balance$9,052,141$9,191,394▲ $139,253

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$455,329$4,807,834$5,263,163
Equipment$83,275$971,975$1,055,250
Land$178,450-$178,450
Buildings$0$77,090$77,090

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$5,287,545$700▲ $264,149$171,619$5,380,775
2016$4,860,835$401,467▲ $485,270$460,027$5,287,545
2015$4,934,629$504,020▼ $254,663$323,151$4,860,835
2014$5,138,073$3,012▲ $18,523$224,979$4,934,629
2013$5,197,964$35,904▲ $167,699$263,494$5,138,073
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott MerrowChief Operating OfficerFT$134,526$29,306$163,832
Kari Lusk-BasickChief Financial OfficerFT$117,649$1,577$119,226
Kate TillotsonVP of Development and CommFT$86,834$6,184$93,018
Kevin CherepPresident/CEO - From August 2017FT$68,527$2,103$70,630
Barbara MosacchioPresident/CEO - Until March 2017FT$50,051$2,197$52,248

Highest Paid Contractors

ContractorServicesLocationCompensation
Rachel's Learning CenterHead Start Provider3015 E New York St Suite A2, Aurora, IL 60502$181,314
Cuddle Care AcademyHead Start Provider6535 S Kedzie Avenue, Chicago, IL 60629$137,102
Pathways to Learning #1Head Start Provider3450 W 79th Street, Chicago, IL 60652$117,609
Pathways to Learning #3Head Start Provider6535 S Kedzie Avenue, Chicago, IL 60629$104,394
Revenue and Support

Revenue Composition

Contributions and Grants
$8,524,845
Program Service Revenue
$258,907
Investment Income
$265,677
Other Revenue
$-81,223
All Other Contributions
$2,049,491
Change in Net Assets
$230,982

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
Other Non Cash Contri Table1$29,400-
Securities Publicly Traded72$3,333Fair Market Value (FMV)
Total Noncash Contributions73$32,733-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,943,792
Revenue Not Reported on Financial Statements
$24,414
Revenue Not Reported on Form 990
$202,656
Total Revenue per Audited Statements
$9,146,448
Total Revenue per Form 990
$8,968,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,072,384
Other Expenses$3,637,340
Total Fundraising Expense$354,899
Grants and Similar Amounts Paid$27,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,482,729$219,701$139,201$3,841,631
Fees for Services Other$1,408,708-$21,535$1,430,243
Occupancy$561,327$48,957$28,673$638,957
Current Officers, Directors, Trustees, and Key Employees$174,023$283,682$53,893$511,598
Other Employee Benefits$369,995$16,875$19,341$406,211
Payroll Taxes$259,981$39,494$13,469$312,944
Office Expenses$135,543$52,026$17,720$205,289
Depreciation Depletion$183,170$6,850-$190,020
Information Technology$81,202$54,904$16,028$152,134
Fees for Services Management$85,437$28,367$29,400$143,204
Travel$81,560$3,391$3,530$88,481
Conferences and Meetings$35,377$3,191$1,162$39,730
Fees for Services Accounting$33,310$2,813$1,338$37,461
Insurance$10,329$24,897-$35,226
All Other Expenses$26,949$6,023$1,188$34,160
Grants to Domestic Individuals$27,500--$27,500
Advertising$6,855$12,527$7,952$27,334
Fees for Service Investment Mgmnt Fees-$24,414-$24,414
Interest-$23,575-$23,575
Other Expenses$9,112$7,462$469$9,112
Total Functional Expenses$7,523,176$859,149$354,899$8,737,224

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,742,210
Total Expenses per Form 990$8,737,224
Expenses per Audited Statements$8,712,810
Expenses Not Reported on Form 990$29,400
Expenses Not Reported on Financial Statements$24,414
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$227,809
Fundraising Gross Income$131,995
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$642,045$62,575$55,142$7,433
Golf Outing$170,621$40,950$11,931$29,019
Total Events$992,482$131,995$227,809$-95,814
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liability$150,756
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 B, line 11B

The Form 990 is reviewed by the organization's Chief Financial Officer and emailed to the full Board of Directors prior to filing.

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

On an annual basis, all board members and employees who are considered senior management must sign a conflict of interest disclosure form which is collected and maintained by the administrative assistant to the President/CEO. All board members are required to read and review the conflict of interest policy annually and complete a conflict of interest statement that states whether or not they have a conflict of interest. If they do have a conflict of interest, they must disclose it. If the conflict involves a matter being voted on by the board or a committee, that board member is not allowed to vote on the matter. All new board members brought on throughout the year must read the policy and sign the statement.

Form 990, Part VI, Section B, line 15

Two necessary components of compensation planning in any economic environment are compensation benchmarking and salary structure adjustments. The organization maintains a viable and comprehensive performance-based merit system. An outside consultant, The Management Association of Illinois, provided guidance in designing a wage and salary structure. The objectives were simply to: 1. Develop a competitive compensation structure utilizing benchmarking analysis of the metropolitan Chicago labor market. 2. Analyze current competitive pay practices of the organization in order to provide guidance on updating and improving administration of the compensation program for the employees in the positions involved. On an annual basis, aligned with the hiring anniversary of the CEO, the Executive Committee of the Board of Directors completes a performance evaluation on and approves the compensation for the organization's CEO. The CEO completes a performance evaluation for each member of the senior management team and consistent with guidelines established for the entire agency, and in adherence to the approved wage and salary structure, implements a salary adjustment based on the overall performance rating. A Board Resolution is completed and signed by the Board Chair following this process.

Form 990, Part VI, Section C, line 19

The audited financial statements are available on Chicago Youth Centers' website as well as upon request. All other governing documents and the conflict of interest policy are available upon request. Documents are available on the same basis of disclosure prescribed by section 6104(d).

Filing and Contact Details

Filer

Filer Name
Chicago Youth Centers
EIN
36-2344429
Phone
3129131700
Address
218 S Wabash Avenue Suite 510, Chicago, IL 60604

Signing Officer

Name
Kari Lusk-basick
Title
Chief Financial Officer
Phone
3129131700
Signed
2019-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Feeney
Formed
1956
Legal Domicile
Il
Voting Board Members
38
Independent Board Members
38
Employees
149
Volunteers
763

Preparer

Firm
Rsm US Llp
Address
1 S Wacker Drive Suite 800, Chicago, IL 60606
Preparer
Zack Fortsch
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line I

At Chicago Youth Centers, we educate and support children and families so they can succeed in the 21st century. We provide the tools, experiences, and resources needed for youth ages 3-18 to persist academically and develop socially and emotionally. We engage children early and provide services when they are most vulnerable: after school and during the summer. We offer family engagement programs to help families guide their children during critical transitions: entering kindergarten, starting high school, and preparing for college or a career. We build strong partnerships within communities to create a village of committed community leaders, schools, volunteers, and peer organizations dedicated to our children's success. We understand the challenges our families face. To set them on a path toward upward mobility, we deliver programs that: -Expand youth's abilities to think critically, create, communicate, and collaborate -Provide academic supports -Expose youth to STEAM (science, technology, engineering, arts, and math) fields -Prepare children and teens for college and careers -Focus on healthy living and violence prevention

Form 990, Part IX, line 11G

Program Consultants: Program service expenses 1,408,708. Management and general expenses 0. Fundraising expenses 21,535. Total expenses 1,430,243.

Financial Statement Notes

Part V, Line 4:

Camping Services, Crown Center operations, art scholarships and programs, scholarships, and general operations.

Part X, Line 2:

Chicago Youth Centers is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income, if any. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Chicago Youth Centers may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Chicago Youth Centers and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2018, there were no unrecognized tax benefits identified or recorded as liabilities. Chicago Youth Centers files Form 990 in the U.S. federal jurisdiction and the State of Illinois. Chicago Youth Centers is no longer subject to examination by the Internal Revenue Service for years before fiscal 2015.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Al Reid
IRS990/Form990PartVIISectionAGrp/PersonNm1Amelia Larson
IRS990/Form990PartVIISectionAGrp/PersonNm2Amy Weiss-Narea
IRS990/Form990PartVIISectionAGrp/PersonNm3Anna Wermuth
IRS990/Form990PartVIISectionAGrp/PersonNm4Anne Doherty
IRS990/Form990PartVIISectionAGrp/PersonNm5Catherine Main
IRS990/Form990PartVIISectionAGrp/PersonNm6Charles Denison
IRS990/Form990PartVIISectionAGrp/PersonNm7Charles McCaleb
IRS990/Form990PartVIISectionAGrp/PersonNm8Colleen Bayer
IRS990/Form990PartVIISectionAGrp/PersonNm9Craig Jeffrey
IRS990/Form990PartVIISectionAGrp/PersonNm10Daniel Feeney
IRS990/Form990PartVIISectionAGrp/PersonNm11Daniel Weber
IRS990/Form990PartVIISectionAGrp/PersonNm12Devin Maddox
IRS990/Form990PartVIISectionAGrp/PersonNm13Dixie Adams
IRS990/Form990PartVIISectionAGrp/PersonNm14Edward Wiertel Jr
IRS990/Form990PartVIISectionAGrp/PersonNm15Eric Gorman
IRS990/Form990PartVIISectionAGrp/PersonNm16Eugene DeRamus
IRS990/Form990PartVIISectionAGrp/PersonNm17Gordon Lang Jr
IRS990/Form990PartVIISectionAGrp/PersonNm18Henry Wisniewski
IRS990/Form990PartVIISectionAGrp/PersonNm19Jacob Beidler
IRS990/Form990PartVIISectionAGrp/PersonNm20Jeffrey Heh
IRS990/Form990PartVIISectionAGrp/PersonNm21John Dvorak
IRS990/Form990PartVIISectionAGrp/PersonNm22John Hillman
IRS990/Form990PartVIISectionAGrp/PersonNm23John Malusa
IRS990/Form990PartVIISectionAGrp/PersonNm24Judy Macior
IRS990/Form990PartVIISectionAGrp/PersonNm25Julie Alcala
IRS990/Form990PartVIISectionAGrp/PersonNm26Kathryn Swick
IRS990/Form990PartVIISectionAGrp/PersonNm27Kristin Krogstie
IRS990/Form990PartVIISectionAGrp/PersonNm28Laurie Epstein Lawton
IRS990/Form990PartVIISectionAGrp/PersonNm29Loren Vasser
IRS990/Form990PartVIISectionAGrp/PersonNm30Matty de Castro
IRS990/Form990PartVIISectionAGrp/PersonNm31Neal Sales-Griffin
IRS990/Form990PartVIISectionAGrp/PersonNm32Patrick Hardiman
IRS990/Form990PartVIISectionAGrp/PersonNm33Philip Doherty
IRS990/Form990PartVIISectionAGrp/PersonNm34Raymond Rusnak Jr
IRS990/Form990PartVIISectionAGrp/PersonNm35Richard Baer Jr
IRS990/Form990PartVIISectionAGrp/PersonNm36Richard Lindsay-Jones
IRS990/Form990PartVIISectionAGrp/PersonNm37Roger Shores
IRS990/Form990PartVIISectionAGrp/PersonNm38Steven Weinstein
IRS990/Form990PartVIISectionAGrp/PersonNm39Thomas Vander Veen
IRS990/Form990PartVIISectionAGrp/PersonNm40William Kelley Jr
IRS990/Form990PartVIISectionAGrp/PersonNm41Barbara Mosacchio
IRS990/Form990PartVIISectionAGrp/PersonNm42Kari Lusk-Basick
IRS990/Form990PartVIISectionAGrp/PersonNm43Kate Tillotson
IRS990/Form990PartVIISectionAGrp/PersonNm44Kevin Cherep
IRS990/Form990PartVIISectionAGrp/PersonNm45Scott Merrow
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.1$3.04$15.0$13.1$14.3$1.14
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$2.99$14.9$17.3$13.3$4.00
2022Detailed filing. Detailed filing data is available for this year.$12.9$2.29$10.6$13.2$10.6$2.56
2021Detailed filing. Detailed filing data is available for this year.$10.8$1.27$9.51$11.2$9.68$1.56
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.22$2.54$6.68$8.36$8.91$0.55
2019Detailed filing. Detailed filing data is available for this year.$8.43$1.14$7.29$8.43$8.91$0.48
2018Detailed filing. Detailed filing data is available for this year.$9.19$1.17$8.02$8.97$8.74$0.23
2017Detailed filing. Detailed filing data is available for this year.$9.05$1.44$7.61$8.24$8.59$0.34
2016Detailed filing. Detailed filing data is available for this year.$8.87$1.39$7.48$10.0$8.95$1.08
2015Detailed filing. Detailed filing data is available for this year.$8.26$1.53$6.73$9.87$9.83$0.03
2014Detailed filing. Detailed filing data is available for this year.$8.75$1.64$7.11$9.18$9.87$0.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.81$1.40$7.41$10.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$10.8$0.71$11.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$6.75$4.63$10.9