Civic Intelligence

Midwest Academy Inc.

990 • Fiscal year 2019 • EIN 36-2776406

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 23, 2020

53 W Jackson Blvd Ste 1634Chicago, IL 60604

(312) 427-2304

Siviq Scores

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

Liabilities / Assets

64th percentile

0.10x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

0.04x

Higher debt load relative to revenue than 54% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

63rd percentile

9.3%

Higher net margin than 63% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$94,871

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

61st percentile

8.0%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$293,805

Up $21,710 (+8.0%) from 2018

Net Assets

Up

$265,510

Up $67,332 (+34%) from 2018

Liabilities

Down

$28,295

Down $45,622 (-62%) from 2018

Revenue

Up

$724,006

Up $177,296 (+32%) from 2018

Expenses

Up

$656,674

Up $89,234 (+16%) from 2018

Net Income

Up

$67,332

Up $88,062 (+425%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $272,095Liabilities 2018: $73,917Net Assets 2018: $198,1782018Assets 2019: $293,805Liabilities 2019: $28,295Net Assets 2019: $265,5102019Assets 2020: $748,674Liabilities 2020: $215,362Net Assets 2020: $533,3122020Assets 2021: $1,134,126Liabilities 2021: $198,153Net Assets 2021: $935,9732021Assets 2022: $1,920,437Liabilities 2022: $130,210Net Assets 2022: $1,790,2272022Assets 2023: $2,754,086Liabilities 2023: $174,433Net Assets 2023: $2,579,6532023Assets 2024: $3,712,314Liabilities 2024: $116,486Net Assets 2024: $3,595,8282024

Highlighted filing

2019

Assets$293,805
Liabilities$28,295
Net Assets$265,510

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $546,710Expenses 2018: $567,440Net Income 2018: -$20,7302018Revenue 2019: $724,006Expenses 2019: $656,674Net Income 2019: $67,3322019Revenue 2020: $884,697Expenses 2020: $616,895Net Income 2020: $267,8022020Revenue 2021: $1,143,433Expenses 2021: $740,772Net Income 2021: $402,6612021Revenue 2022: $1,914,728Expenses 2022: $1,048,215Net Income 2022: $866,5132022Revenue 2023: $2,196,037Expenses 2023: $1,406,611Net Income 2023: $789,4262023Revenue 2024: $2,968,961Expenses 2024: $1,968,472Net Income 2024: $1,000,4892024

Highlighted filing

2019

Revenue$724,006
Expenses$656,674
Net Income$67,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 23, 2020
Return Version
2019v5.0
Gross Receipts
$778,764
Mission and Program Overview

Mission

Training and consulting with community organizers, supervisors and volunteers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$157,288$158,837▲ $1,549
Cash and Non-Interest-Bearing Accounts$38,118$79,164▲ $41,046
Accounts Receivable$31,411$29,179▼ $2,232
Pledges and Grants Receivable$28,190$10,000▼ $18,190
Prepaid Expenses and Deferred Charges$12,292$4,838▼ $7,454
Land, Buildings, and Equipment, Net$2,496$2,331▼ $165
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$272,095$293,805▲ $21,710
Other Assets Total$2,300$9,456▲ $7,156
Liabilities
Deferred Revenue$51,890$20,834▼ $31,056
Accounts Payable and Accrued Expenses$22,027$7,461▼ $14,566
Total Liabilities$73,917$28,295▼ $45,622
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$189,032$265,510▲ $76,478
Net Assets With Donor Restrictions$9,146--
Total Net Assets Fund Balance$198,178$265,510▲ $67,332
Total Liabilities and Net Assets / Fund Balance$272,095$293,805▲ $21,710

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,331$23,393$25,724
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judith HertzExecutive DirectorFT$94,871$94,871
Jhatayn TravisExecutive DirectorFT$46,875$46,875
Eric ZacharyExecutive DirectorFT$39,062$39,062
Jackie KendallDirector-$4,000$4,000

Board Members and Trustees

NameTitle
Heather BoothChairman
Alicia YbarraDirector
David MedinaDirector
Eddy MoralesDirector
Jitu BrownDirector
Marvin RandolphDirector
Mike LuxDirector
Robert CreamerDirector
Saqib BhattiDirector
Jacky GrimshawTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$109,044
Program Service Revenue
$575,170
Investment Income
$505
Other Revenue
$39,287
All Other Contributions
$109,044
Change in Net Assets
$67,332

Audited Revenue Reconciliation

Revenue per Audited Statements
$724,006
Revenue Not Reported on Form 990
$45,000
Total Revenue per Audited Statements
$769,006
Total Revenue per Form 990
$724,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,764
Salaries, Compensation, and Employee Benefits$309,910
Total Fundraising Expense$37,153
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$148,647$18,081$18,080$184,808
Other Salaries and Wages$56,271$7,034$7,035$70,340
Payroll Taxes$27,953$3,494$3,494$34,941
Travel$29,003$4$5,187$34,194
All Other Expenses$6,307$13,895$790$20,992
Other Employee Benefits$15,857$1,982$1,982$19,821
Other Expenses$559$10,756-$11,315
Occupancy$9,171$1,081$538$10,790
Office Expenses$1,220$1,770-$2,990
Insurance-$1,500-$1,500
Depreciation Depletion$791$93$47$931
Total Functional Expenses$541,166$78,355$37,153$656,674

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$701,674
Expenses per Audited Statements$656,674
Total Expenses per Form 990$656,674
Expenses Not Reported on Form 990$45,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,725
Fundraising Direct Expenses$54,758
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Academy Awards$86,725$86,725$40,086$46,639
Total Events$86,725$86,725$54,758$31,967
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jackie KendallDirectorConsultingNo$4,000

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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
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 board reviews the 990 prior to filing.

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

Board and staff members annually sign a conflict of interest statement and discuss any issues at that time.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board sets compensation levels for the Executive Director.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The 990 can be acquired through the guidestar.org and IL Attorney general websites.

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

Available upon request.

Filing and Contact Details

Filer

Filer Name
Midwest Academy
EIN
36-2776406
Phone
3124272304
Address
53 W Jackson Blvd Ste 1634, Chicago, IL 60604

Signing Officer

Name
Jhatayn Travis
Title
Executive Director
Signed
2020-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jhatayn Travis
Formed
1972
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
10
Employees
6
Volunteers
20

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
564 W RANDOLPH STREET SUITE 200, CHICAGO, IL 60661
Preparer
Abdullah Khan CPA
Phone
3129985500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from Federal and State income taxes under Section 501c3 of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.

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IRS990/Desc0Training and Consulting - From its founding in 1973, the Organization has been the go-to training school for organizers across the progressive movement. Its trainers have distilled decades of experience in social justice organizing into practical lessons for social justice organizers. Organizers in labor, women's rights, the environment, racial justice, immigrant rights, corporate accountability, and many more issues have found value in the Organization's skills-based approach to organizing. The Organization currently provides three courses: Organizing for Social Change, Advanced Strategy Retreat, and Supervising Organizers Workshop. Additionally, the Organization works closely with other organizations to meet said organizations' specific needs. This includes working with staff and leaders to develop issue campaign strategies, recruitment plans, staff, board and volunteer development, evaluation, development of effective field organizing structures for local, state, and national organizations and non-partisan voter registration training.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from Federal and State income taxes under Section 501c3 of the Internal Revenue Code, therefore, the financial statements do not include a provision for income taxes. The Organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The Organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The Organization has identified no significant income tax uncertainties. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalExpensesPerForm990Amt0656674

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