Civic Intelligence

Willows Academy

990 • Fiscal year 2020 • EIN 36-2813264

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 13, 2021

Organization Profilewww.willowsacademy.org

View Organization Page

1015 Rose AvenueDes Plaines, IL 60016

(847) 298-0170

Siviq Scores

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Balance Sheet

Assets

Up

$5,608,916

Up $99,227 (+1.8%) from 2019

Net Assets

Down

$3,423,592

Down $294,283 (-7.9%) from 2019

Liabilities

Up

$2,185,324

Up $393,510 (+22%) from 2019

Revenue And Expenses

Revenue

Down

$3,046,054

Down $405,867 (-12%) from 2019

Expenses

Down

$3,341,812

Down $83,069 (-2.4%) from 2019

Net Income

Down

-$295,758

Down $322,798 (-1194%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $9,419,452Liabilities 2010: $5,754,917Net Assets 2010: $3,664,5352010Assets 2011: $9,603,395Liabilities 2011: $5,588,173Net Assets 2011: $4,015,2222011Assets 2017: $6,044,114Liabilities 2017: $2,257,566Net Assets 2017: $3,786,5482017Assets 2018: $5,578,854Liabilities 2018: $1,891,755Net Assets 2018: $3,687,0992018Assets 2019: $5,509,689Liabilities 2019: $1,791,814Net Assets 2019: $3,717,8752019Assets 2020: $5,608,916Liabilities 2020: $2,185,324Net Assets 2020: $3,423,5922020Assets 2020: $5,608,916Liabilities 2020: $2,185,324Net Assets 2020: $3,423,5922020Assets 2021: $5,701,913Liabilities 2021: $2,390,044Net Assets 2021: $3,311,8692021Assets 2025: $5,479,205Liabilities 2025: $1,755,467Net Assets 2025: $3,723,7382025

Highlighted filing

2020

Assets$5,608,916
Liabilities$2,185,324
Net Assets$3,423,592
Open 2020 Filing

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $6,269,4442010Expenses 2011: $3,504,6022011Revenue 2017: $3,016,167Expenses 2017: $3,738,885Net Income 2017: -$722,7182017Revenue 2018: $3,055,972Expenses 2018: $3,155,421Net Income 2018: -$99,4492018Revenue 2019: $3,451,921Expenses 2019: $3,424,881Net Income 2019: $27,0402019Revenue 2020: $3,377,302Expenses 2020: $3,673,060Net Income 2020: -$295,7582020Revenue 2020: $3,046,054Expenses 2020: $3,341,812Net Income 2020: -$295,7582020Revenue 2021: $3,122,936Expenses 2021: $3,263,862Net Income 2021: -$140,9262021Revenue 2025: $4,463,653Expenses 2025: $4,535,441Net Income 2025: -$71,7882025

Highlighted filing

2020

Revenue$3,046,054
Expenses$3,341,812
Net Income-$295,758
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 13, 2021
Return Version
2019v5.0
Gross Receipts
$3,072,794
Mission and Program Overview

Mission

To help cooperating parents form the characters of their daughters so that the girls grow up to become competent, responsible professional women, who raise strong families, and live by Christian moral principles as taught by the Catholic Church.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,594,787$4,420,978▼ $173,809
Savings and Temporary Cash Investments$571,483$757,287▲ $185,804
Investments in Publicly Traded Securities$211,110$218,800▲ $7,690
Cash and Non-Interest-Bearing Accounts$92,669$147,402▲ $54,733
Prepaid Expenses and Deferred Charges$35,129$48,636▲ $13,507
Accounts Receivable$4,511$15,813▲ $11,302
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,509,689$5,608,916▲ $99,227
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,500,000$1,500,000→ $0
Unsecured Notes Loans Payable-$475,900-
Accounts Payable and Accrued Expenses$152,917$115,624▼ $37,293
Deferred Revenue$138,897$93,800▼ $45,097
Total Liabilities$1,791,814$2,185,324▲ $393,510
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,496,000$3,193,967▼ $302,033
Net Assets With Donor Restrictions$221,875$229,625▲ $7,750
Total Net Assets Fund Balance$3,717,875$3,423,592▼ $294,283
Total Liabilities and Net Assets / Fund Balance$5,509,689$5,608,916▲ $99,227

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,874,556$1,765,245$3,639,801
Buildings$2,081,493$1,345,940$3,427,433
Equipment$41,215$892,415$933,630
Land$415,000-$415,000
Other Land Buildings$8,714$22,049$30,763
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maria Pilar RaccaPresident
Daniel ChristoffelDirector
Jason ElderDirector
Mary PresbergDirector
Molly KurtDirector
Thomas CarterDirector
Aileen ChangSecretary
John McNallyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$632,595
Program Service Revenue
$2,423,880
Investment Income
$16,319
Other Revenue
$-26,740
All Other Contributions
$346,160
Change in Net Assets
$-295,758

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
Securities Publicly Traded7$84,005Fair Market Value (FMV)
Total Noncash Contributions7$84,005-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,046,054
Revenue Not Reported on Form 990
$1,475
Total Revenue per Audited Statements
$3,047,529
Total Revenue per Form 990
$3,046,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,451,434
Other Expenses$890,378
Total Fundraising Expense$6,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,020,270$23,804-$2,044,074
Other Employee Benefits$256,026$3,868-$259,894
Depreciation Depletion$152,171$34,238$3,804$190,213
Payroll Taxes$147,466--$147,466
All Other Expenses$31,689$36,128$1,653$69,470
Office Expenses$900$68,227-$69,127
Interest$50,346$11,327$1,259$62,932
Insurance-$51,996-$51,996
Other Expenses$48,223$86,578-$48,223
Advertising$29,642--$29,642
Occupancy-$20,936-$20,936
Travel$17,610$3,013-$20,623
Total Functional Expenses$2,842,470$492,626$6,716$3,341,812

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,341,812
Total Expenses per Audited Statements$3,341,812
Total Expenses per Form 990$3,341,812
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$26,740
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Holiday Prelude$286,435-$25,329-
Total Events$286,435-$25,329$-25,329
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“The Board of Trustees retains election rights that are not delegated to the remaining Board.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“The Board of Trustees decisions are subject to appoval by the remaining Board.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“990 reviewed by management and made available to the board of directors.”

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

“The board re-evaluates possible conflicts of interest on an annual basis.”

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

“Director salary is determined by the board of directors. The board. Members evaluate on a yearly basis the performance of the directors.”

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

“Board reviews and approves salaries as part of the budgeting process.”

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

“The 990 can be acquired through the il attorney general and guidestar.org websites.”

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

“Disclosure of governing documents, policies, and financial statements is made to the general public upon written request.”

Filing and Contact Details

Filer

Filer Name
Willows Academy
EIN
36-2813264
Phone
8472980170
Address
1015 ROSE AVENUE, DES PLAINES, IL 60016

Signing Officer

Name
John McNally
Title
Treasurer
Signed
2021-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maria Pilar Racca
Formed
1997
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
77
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

Additional Explanations

Amended Explanation

“To net tuition discounts with gross tuition.”

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“For Student Financial Aid”

Part X : FIN48 Footnote

“Willows 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. Willows 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. Willows 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. Willows has identified no significant income tax uncertainties. Willows 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/OfficeExpensesGrp/ManagementAndGeneralAmt068227
IRS990/OfficeExpensesGrp/ProgramServicesAmt0900
IRS990/OfficeExpensesGrp/TotalAmt069127
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03868
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0256026
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0259894
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Bad Debt
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0137823
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114688
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt286578
IRS990/OtherExpensesGrp/ProgramServicesAmt088127
IRS990/OtherExpensesGrp/ProgramServicesAmt148223
IRS990/OtherExpensesGrp/TotalAmt0137823
IRS990/OtherExpensesGrp/TotalAmt1102815
IRS990/OtherExpensesGrp/TotalAmt286578
IRS990/OtherExpensesGrp/TotalAmt348223
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023804
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02020270
IRS990/OtherSalariesAndWagesGrp/TotalAmt02044074
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0147466
IRS990/PayrollTaxesGrp/TotalAmt0147466
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035129
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt048636
IRS990/PrincipalOfficerNm0Maria Pilar Racca
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0GROSS TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02400666
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123214
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02400666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123214
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0500159
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012375
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0854479
IRS990/PYOtherRevenueAmt0-48698
IRS990/PYProgramServiceRevenueAmt02749670
IRS990/PYRevenuesLessExpensesAmt027040
IRS990/PYSalariesCompEmpBnftPaidAmt02331987
IRS990/PYTotalExpensesAmt03186466
IRS990/PYTotalRevenueAmt03213506
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-295758
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02423880
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0571483
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0757287
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02081493
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01345940
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03427433
IRS990ScheduleD/EquipmentGrp/BookValueAmt041215
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0892415
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0933630
IRS990ScheduleD/ExpensesSubtotalAmt03341812
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0415000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0415000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01874556
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01765245
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03639801
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01475
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08714
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022049
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030763
IRS990ScheduleD/RevenueNotReportedAmt01475
IRS990ScheduleD/RevenueSubtotalAmt03046054
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0For Student Financial Aid
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Willows 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. Willows 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. Willows 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. Willows has identified no significant income tax uncertainties. Willows 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 V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04420978
IRS990ScheduleD/TotalExpensesPerForm990Amt03341812
IRS990ScheduleD/TotalRevenuePerForm990Amt03046054
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03047529
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03341812
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0286435
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0286435
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025329
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HOLIDAY PRELUDE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0286435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0286435
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-25329
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt025329
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025329
IRS990ScheduleG/LicensedStatesCd0IL
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01500000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0Park Ridge Community Bank
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,608,916
Liabilities
$2,185,324
Net assets
$3,423,592
Revenue
$3,046,054
Expenses
$3,341,812
Net income
-$295,758
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.48$1.76$3.72$4.46$4.54$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$2.39$3.31$3.12$3.26$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.61$2.19$3.42$3.38$3.67$0.30
2020Detailed filing. Detailed filing data is available for this year.$5.61$2.19$3.42$3.05$3.34$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.51$1.79$3.72$3.45$3.42$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$1.89$3.69$3.06$3.16$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.04$2.26$3.79$3.02$3.74$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.60$5.59$4.02$3.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.42$5.75$3.66$6.27