Civic Intelligence

Illinois Valley Industries Inc.

990 • Fiscal year 2018 • EIN 36-2705997

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 01, 2018

1033 Third AvenueMorris, IL 60450

(815) 942-6133

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

40th percentile

0.06x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

61st percentile

4.3%

Faster asset growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

18%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,741,733

Up $112,950 (+4.3%) from 2017

Net Assets

Up

$2,664,765

Up $211,916 (+8.6%) from 2017

Liabilities

Down

$76,968

Down $98,966 (-56%) from 2017

Revenue

Up

$1,328,193

Up $207,177 (+18%) from 2017

Expenses

Down

$1,116,277

Down $21,368 (-1.9%) from 2017

Net Income

Up

$211,916

Up $228,545 (+1374%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $2,526,183Liabilities 2013: $159,599Net Assets 2013: $2,366,5842013Assets 2014: $2,605,013Liabilities 2014: $156,425Net Assets 2014: $2,448,5882014Assets 2015: $2,665,493Liabilities 2015: $166,939Net Assets 2015: $2,498,5542015Assets 2016: $2,615,077Liabilities 2016: $145,599Net Assets 2016: $2,469,4782016Assets 2017: $2,628,783Liabilities 2017: $175,934Net Assets 2017: $2,452,8492017Assets 2018: $2,741,733Liabilities 2018: $76,968Net Assets 2018: $2,664,7652018Assets 2019: $2,756,806Liabilities 2019: $77,795Net Assets 2019: $2,679,0112019Assets 2020: $2,996,377Liabilities 2020: $235,321Net Assets 2020: $2,761,0562020Assets 2021: $2,932,810Liabilities 2021: $217,495Net Assets 2021: $2,715,3152021Assets 2022: $2,758,593Liabilities 2022: $79,275Net Assets 2022: $2,679,3182022Assets 2023: $2,667,973Liabilities 2023: $68,850Net Assets 2023: $2,599,1232023Assets 2024: $2,676,925Liabilities 2024: $76,004Net Assets 2024: $2,600,9212024Assets 2025: $2,679,576Liabilities 2025: $72,643Net Assets 2025: $2,606,9332025

Highlighted filing

2018

Assets$2,741,733
Liabilities$76,968
Net Assets$2,664,765

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $936,4332013Revenue 2014: $1,103,744Expenses 2014: $1,024,240Net Income 2014: $79,5042014Revenue 2015: $1,197,842Expenses 2015: $1,146,456Net Income 2015: $51,3862015Revenue 2016: $1,116,637Expenses 2016: $1,144,633Net Income 2016: -$27,9962016Revenue 2017: $1,121,016Expenses 2017: $1,137,645Net Income 2017: -$16,6292017Revenue 2018: $1,328,193Expenses 2018: $1,116,277Net Income 2018: $211,9162018Revenue 2019: $1,011,197Expenses 2019: $996,951Net Income 2019: $14,2462019Revenue 2020: $1,144,248Expenses 2020: $1,062,203Net Income 2020: $82,0452020Revenue 2021: $961,217Expenses 2021: $1,006,958Net Income 2021: -$45,7412021Revenue 2022: $1,056,073Expenses 2022: $1,092,070Net Income 2022: -$35,9972022Revenue 2023: $1,122,022Expenses 2023: $1,204,654Net Income 2023: -$82,6322023Revenue 2024: $1,300,831Expenses 2024: $1,336,735Net Income 2024: -$35,9042024Revenue 2025: $1,286,504Expenses 2025: $1,320,807Net Income 2025: -$34,3032025

Highlighted filing

2018

Revenue$1,328,193
Expenses$1,116,277
Net Income$211,916
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 1, 2018
Return Version
2017v2.2
Gross Receipts
$1,714,428
Mission and Program Overview

Mission

Illinois valley industries will help people participate in their community, live independently, contribute to society and enhance the quality of their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,504,831$1,538,170▲ $33,339
Cash and Non-Interest-Bearing Accounts$909,124$874,541▼ $34,583
Accounts Receivable$111,584$256,865▲ $145,281
Land, Buildings, and Equipment, Net$55,382$41,634▼ $13,748
Prepaid Expenses and Deferred Charges$21,712$15,427▼ $6,285
Inventories for Sale or Use$26,150$15,096▼ $11,054
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$2,628,783$2,741,733▲ $112,950
Other Assets Total-$0-
Liabilities
Other Liabilities$118,823$63,617▼ $55,206
Accounts Payable and Accrued Expenses$57,111$13,351▼ $43,760
Total Liabilities$175,934$76,968▼ $98,966
Net Assets / Fund Balance
Unrestricted Net Assets$2,452,849$2,664,765▲ $211,916
Total Net Assets Fund Balance$2,452,849$2,664,765▲ $211,916
Total Liabilities and Net Assets / Fund Balance$2,628,783$2,741,733▲ $112,950

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,635$62,863-
Equipment$38,999$667,645-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Janis HedenschougPresident
Barb RaganVice President
Ashley SpeedDirector
Julie PetersonDirector
Melissa DurkinDirector
Steve LarsonDirector
Tania SchwerDirector
Terry KleppDirector
Denise ChallyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$82,200
Program Service Revenue
$902,233
Investment Income
$36,985
Other Revenue
$306,775
All Other Contributions
$24,020
Change in Net Assets
$211,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$913,611
Other Expenses$202,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$547,532$220,884-$768,416
Other Employee Benefits$52,265$30,924-$83,189
Payroll Taxes$44,335$17,671-$62,006
All Other Expenses$50,638$295-$50,933
Depreciation Depletion$26,732--$26,732
Other Expenses$13,118$126-$13,118
Insurance$10,125$207-$10,332
Total Functional Expenses$846,170$270,107$0$1,116,277
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages Payable$45,216
Vacation Accrual$14,887
Unearned Revenue$2,750
Unemployment$758
Sales Tax Payable$6
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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, Line 11B: Form 990 Review Process

The executive director, the finance manager, and all board members review the 990 before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

This is done concurrently during board meetings.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All compensation determined by the board of directors

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All organizational documents are available by request

Filing and Contact Details

Filer

Filer Name
Illinois Valley Industries Inc
EIN
36-2705997
Phone
8159426133
Address
1033 THIRD AVENUE, MORRIS, IL 60450

Signing Officer

Name
Janis Hedenschoug
Title
President
Signed
2018-11-01
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
75

Preparer

Firm
Brian Zabel & Associates PC
Address
1040 West Route 6, Morris, IL 60450
Preparer
Joseph F Martin CPA Mst
Phone
8159419833
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IRS990/OtherExpensesGrp/TotalAmt134455
IRS990/OtherExpensesGrp/TotalAmt225051
IRS990/OtherExpensesGrp/TotalAmt313118
IRS990/OtherLiabilitiesGrp/BOYAmt0118823
IRS990/OtherLiabilitiesGrp/EOYAmt063617
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED LOSS ON INVEST
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-2414
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-2414
IRS990/OtherRevenueTotalAmt0-2414
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0220884
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0547532
IRS990/OtherSalariesAndWagesGrp/TotalAmt0768416
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017671
IRS990/PayrollTaxesGrp/ProgramServicesAmt044335
IRS990/PayrollTaxesGrp/TotalAmt062006
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021712
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015427
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DHS DT TRAINING
IRS990/ProgramServiceRevenueGrp/Desc1DHS FEE
IRS990/ProgramServiceRevenueGrp/Desc2DORS FEE
IRS990/ProgramServiceRevenueGrp/Desc3PROGRAM SERVICE FEE
IRS990/ProgramServiceRevenueGrp/Desc4TRANSPORTATION SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1738458
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2133348
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt322991
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1738458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2133348
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt322991
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY LIVING SERVICES ARE PROVIDED TO ADULTS WITH DEVELOPMENTAL DISABILITIES IN THEIR HOME. ASSISTANCE WITH ATTAINING AND MAINTAINING INDEPENDENT LIVING SKILLS IS PROVIDED. IT ALSO INCLUDES PERSONAL SUPPORT SERVICES ON WEEKEND AND EVENINGS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0320128
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt071033
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt032613
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0132530
IRS990/PYOtherRevenueAmt081165
IRS990/PYProgramServiceRevenueAmt0936205
IRS990/PYRevenuesLessExpensesAmt0-16629
IRS990/PYSalariesCompEmpBnftPaidAmt01005115
IRS990/PYTotalExpensesAmt01137645
IRS990/PYTotalRevenueAmt01121016
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0211916
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt082200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt071033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0119875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt088335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt072891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0434334
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt036985
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032613
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032284
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt031558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029523
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0162963
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72720
IRS990ScheduleA/PublicSupportPY170Pct00.71780
IRS990ScheduleA/PublicSupportTotal170Amt0434334
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt082200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt071033
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0119875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt088335
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072891
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0434334
IRS990ScheduleA/TotalSupportAmt0597297
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt038999
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0667645
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0706644
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02635
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt062863
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt065498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045216
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt414887
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNEARNED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3UNEMPLOYMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4VACATION ACCRUAL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt041634
IRS990ScheduleD/TotalBookValueSecuritiesAmt01538170
IRS990ScheduleD/TotalLiabilityAmt063617
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR, THE FINANCE MANAGER, AND ALL BOARD MEMBERS REVIEW THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS IS DONE CONCURRENTLY DURING BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION DETERMINED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL ORGANIZATIONAL DOCUMENTS ARE AVAILABLE BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02628783
IRS990/TotalAssetsEOYAmt02741733
IRS990/TotalAssetsGrp/BOYAmt02628783
IRS990/TotalAssetsGrp/EOYAmt02741733
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt082200
IRS990/TotalEmployeeCnt075
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0270107

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