Civic Intelligence

Arcs Foundation Inc. Illinois Chapter

990 • Fiscal year 2019 • EIN 36-2936845

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 07, 2019

PO Box 101067Chicago, IL 60610

(847) 397-3640

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

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

Net Margin

15th percentile

-23%

Higher net margin than 15% 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

31st percentile

-8.1%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

58th percentile

6.6%

Faster revenue growth than 58% of similar nonprofits.

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

Assets

Down

$199,309

Down $17,612 (-8.1%) from 2018

Net Assets

Down

$197,809

Down $18,112 (-8.4%) from 2018

Liabilities

Up

$1,500

Up $500 (+50%) from 2018

Revenue

Up

$75,774

Up $4,661 (+6.6%) from 2018

Expenses

Up

$93,265

Up $7,695 (+9.0%) from 2018

Net Income

Down

-$17,491

Down $3,034 (-21%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $325,927Liabilities 2015: $4,171Net Assets 2015: $321,7562015Assets 2016: $282,276Liabilities 2016: $2,172Net Assets 2016: $280,1042016Assets 2017: $232,865Liabilities 2017: $2,487Net Assets 2017: $230,3782017Assets 2018: $216,921Liabilities 2018: $1,000Net Assets 2018: $215,9212018Assets 2019: $199,309Liabilities 2019: $1,500Net Assets 2019: $197,8092019Assets 2020: $211,806Liabilities 2020: $179Net Assets 2020: $211,6272020Assets 2021: $194,469Liabilities 2021: $0Net Assets 2021: $194,4692021Assets 2022: $207,114Liabilities 2022: $0Net Assets 2022: $207,1142022Assets 2023: $220,970Liabilities 2023: $0Net Assets 2023: $220,9702023Assets 2024: $226,240Net Assets 2024: $226,2402024Assets 2025: $240,085Net Assets 2025: $240,0852025

Highlighted filing

2019

Assets$199,309
Liabilities$1,500
Net Assets$197,809

Operations Trend

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

$200K$100K$0-$100KRevenue 2015: $161,880Expenses 2015: $183,631Net Income 2015: -$21,7512015Revenue 2016: $115,689Expenses 2016: $129,341Net Income 2016: -$13,6522016Revenue 2017: $64,233Expenses 2017: $113,145Net Income 2017: -$48,9122017Revenue 2018: $71,113Expenses 2018: $85,570Net Income 2018: -$14,4572018Revenue 2019: $75,774Expenses 2019: $93,265Net Income 2019: -$17,4912019Revenue 2020: $104,101Expenses 2020: $97,468Net Income 2020: $6,6332020Revenue 2021: $79,748Expenses 2021: $96,906Net Income 2021: -$17,1582021Revenue 2022: $90,835Expenses 2022: $78,190Net Income 2022: $12,6452022Revenue 2023: $90,180Expenses 2023: $76,324Net Income 2023: $13,8562023Revenue 2024: $120,633Expenses 2024: $115,363Net Income 2024: $5,2702024Revenue 2025: $106,447Expenses 2025: $92,602Net Income 2025: $13,8452025

Highlighted filing

2019

Revenue$75,774
Expenses$93,265
Net Income-$17,491
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$86,936
Mission and Program Overview

Mission

To provide financial awards to certain local colleges and universities for distribution to academically outstanding students who are studying to complete degrees in science, engineering or medical research.

To provide financial awards to certain local colleges and universities for distribution to academically outstanding students who are studying to complete degrees in science, engineering, or medical research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$179,953$169,346▼ $10,607
Cash and Non-Interest-Bearing Accounts$36,968$29,763▼ $7,205
Accounts Receivable-$200-
Total Assets$216,921$199,309▼ $17,612
Liabilities
Deferred Revenue$1,000$1,500▲ $500
Total Liabilities$1,000$1,500▲ $500
Net Assets / Fund Balance
Unrestricted Net Assets$183,083$164,736▼ $18,347
Permanently Rstr Net Assets$25,914$25,949▲ $35
Temporarily Rstr Net Assets$6,924$7,124▲ $200
Total Net Assets Fund Balance$215,921$197,809▼ $18,112
Total Liabilities and Net Assets / Fund Balance$216,921$199,309▼ $17,612

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$70,099-▲ $35--
2017$107,108-▲ $43$-37,124$74,176
2016$107,095-▲ $85--
2015$102,869$4,135▲ $91--
2014$102,766-▲ $103--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bennetta KellyPast President
Sarah TuckerPresident
Nancy WhitfordCo-VP Membership Champaign Ur
Lezlee GaitherCo-VP Membership Chicago
Patricia AndersonCo-VP University Relations
Sandra MangurianSecretary
Linda CelesiaStrategic Planningnational L
Sue DindiaTreasurer
Kate TimmermanVP Development
Patsy CarusoVP Events
Liz JohnsonVP Programs
Margie ZimmerVP Schlar & Alumni Relations
Revenue and Support

Revenue Composition

Contributions and Grants
$68,916
Program Service Revenue
$0
Investment Income
$82
Other Revenue
$6,776
All Other Contributions
$60,016
Change in Net Assets
$-17,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$85,000
Other Expenses$8,265
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$85,000--$85,000
Travel-$3,000-$3,000
Insurance-$1,375-$1,375
Other Expenses-$1,291-$1,291
Fees for Services Accounting-$645-$645
Office Expenses-$194-$194
Advertising-$116-$116
Total Functional Expenses$85,000$8,265$0$93,265
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northwestern UniversityEvanston, IL501c3Scholarships$22,500
Illinois Institute of TechnologyChicago, IL501c3Scholarships$20,000
University of ChicagoChicago, IL501c3Scholarships$17,500
University of Illinois at Urbana ChUrbana, IL501c3Scholarships$17,500
Loyola University Stritch SchoolMaywood, IL501c3Scholarships$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,705
Fundraising Direct Expenses$11,162
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Award Event$13,485$9,860$8,411$1,449
Meeting Prog$2,740$2,740$2,751$-11
Total Events$16,705$13,080$11,162$1,918
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

Members or stockholder classes and rights Part VI line 6

Members classified as active have the right to participate in the organizations governance.

Member election for additional members Part VI line 7A

Active members have the right to elect members of the governing body. This is the only governance activity in which members participate.

Form 990 governing body review Part VI line 11

The 990 is reviewed at a regularly scheduled board meeting.

Conflict of interest policy compliance Part VI line 12C

All disbursements and income are discussed at monthly board meetings and any noncompliance would be apparent.

Governing documents etc available to public Part VI line 19

Governing document and conflcit of interest policy are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Arcs Foundation Inc Illinois Chapte
EIN
36-2936845
Address
PO BOX 101067, CHICAGO, IL 60610

Signing Officer

Name
Sue Dindia
Title
Treasurer
Phone
6305720626
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sue Dindia
Formed
1977
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
43

Preparer

Firm
King & Moran Ltd
Address
800 ROOSEVELT ROAD SUITE E120, GLEN ELLYN, IL 60137
Preparer
Keith N King
Phone
6304690030
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0179953
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0169346
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME:MISCELLANEOUS2014 AMOUNT: $ 0.2015 AMOUNT: $ 756.2016 AMOUNT: $ 342.2017 AMOUNT: $ 1,157.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other income Part II line 10 or Part III line 12
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt068005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt070212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0109863
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0118647
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0435643
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0165
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0232
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0737
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01233
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01157
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0342
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0756
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03488
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98470
IRS990ScheduleA/PublicSupportPY170Pct00.64150
IRS990ScheduleA/PublicSupportTotal170Amt0433156
IRS990ScheduleA/SubstantialContributorsTotAmt02487
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt068005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt070212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0109863
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0118647
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0435643
IRS990ScheduleA/TotalSupportAmt0439868
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/BoardDesignatedBalanceEOYPct00.00200
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt070134
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt070099
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt035
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt070099
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0107108
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt074176
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt043
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-37124
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0107180
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0107095
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt085
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0107095
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0102869
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04135
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt091
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0102869
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0102766
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0103
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.90000
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.09800
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt03625
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt03625
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011162
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AWARD EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MEETING PROG
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013485
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt02740
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0480
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016705
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09860
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt02740
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0480
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt013080
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01918
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011162
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08411
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02751
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt122500
IRS990ScheduleI/RecipientTable/CashGrantAmt217500
IRS990ScheduleI/RecipientTable/CashGrantAmt317500
IRS990ScheduleI/RecipientTable/CashGrantAmt47500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ILLINOIS INSTITUTE OF TECHNOLOGY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NORTHWESTERN UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2UNIVERSITY OF ILLINOIS AT URBANA CH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3UNIVERSITY OF CHICAGO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4LOYOLA UNIVERSITY STRITCH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0362170136
IRS990ScheduleI/RecipientTable/RecipientEIN1362167817
IRS990ScheduleI/RecipientTable/RecipientEIN2376000511
IRS990ScheduleI/RecipientTable/RecipientEIN3362177139
IRS990ScheduleI/RecipientTable/RecipientEIN4361408475
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03300 SOUTH FEDERAL STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12020 RIDGE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2901 WEST ILLINOIS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31025 EAST 58TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt42160 S 1ST AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1EVANSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2URBANA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4MAYWOOD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0606163793
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160208
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd261801
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd360637
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd460153
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH

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