Civic Intelligence

Knowledge Systems Institute

990 • Fiscal year 2017 • EIN 36-3085682

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

3420 Main StreetSkokie, IL 60076

(847) 679-3135

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

6th percentile

-44%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

21st percentile

-3.3%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-66%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$5,294,268

Down $182,776 (-3.3%) from 2016

Net Assets

Down

$5,288,151

Down $179,418 (-3.3%) from 2016

Liabilities

Down

$6,117

Down $3,358 (-35%) from 2016

Revenue

Down

$545,384

Down $1,070,349 (-66%) from 2016

Expenses

Down

$787,921

Down $319,002 (-29%) from 2016

Net Income

Down

-$242,537

Down $751,347 (-148%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $2,844,338Liabilities 2013: $2,728Net Assets 2013: $2,841,6102013Assets 2014: $3,950,465Liabilities 2014: $4,044Net Assets 2014: $3,946,4212014Assets 2015: $4,933,750Liabilities 2015: $12,247Net Assets 2015: $4,921,5032015Assets 2016: $5,477,044Liabilities 2016: $9,475Net Assets 2016: $5,467,5692016Assets 2017: $5,294,268Liabilities 2017: $6,117Net Assets 2017: $5,288,1512017Assets 2018: $4,603,474Liabilities 2018: $2,423Net Assets 2018: $4,601,0512018Assets 2019: $4,687,986Liabilities 2019: $1,891Net Assets 2019: $4,686,0952019Assets 2020: $4,707,260Liabilities 2020: $48,637Net Assets 2020: $4,658,6232020Assets 2021: $4,784,252Liabilities 2021: $5,800Net Assets 2021: $4,778,4522021Assets 2022: $3,946,978Liabilities 2022: $9,979Net Assets 2022: $3,936,9992022Assets 2023: $4,242,677Liabilities 2023: $13,748Net Assets 2023: $4,228,9292023Assets 2024: $4,156,338Liabilities 2024: $497Net Assets 2024: $4,155,8412024

Highlighted filing

2017

Assets$5,294,268
Liabilities$6,117
Net Assets$5,288,151

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $1,908,042Expenses 2013: $803,928Net Income 2013: $1,104,1142013Revenue 2014: $1,950,328Expenses 2014: $836,936Net Income 2014: $1,113,3922014Revenue 2015: $1,956,923Expenses 2015: $906,875Net Income 2015: $1,050,0482015Revenue 2016: $1,615,733Expenses 2016: $1,106,923Net Income 2016: $508,8102016Revenue 2017: $545,384Expenses 2017: $787,921Net Income 2017: -$242,5372017Revenue 2018: $107,918Expenses 2018: $514,226Net Income 2018: -$406,3082018Revenue 2019: $173,686Expenses 2019: $469,070Net Income 2019: -$295,3842019Revenue 2020: $373,125Expenses 2020: $453,273Net Income 2020: -$80,1482020Revenue 2021: $332,546Expenses 2021: $409,609Net Income 2021: -$77,0632021Revenue 2022: $220,040Expenses 2022: $499,389Net Income 2022: -$279,3492022Revenue 2023: $784,337Expenses 2023: $410,209Net Income 2023: $374,1282023Revenue 2024: $199,570Expenses 2024: $272,658Net Income 2024: -$73,0882024

Highlighted filing

2017

Revenue$545,384
Expenses$787,921
Net Income-$242,537
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.2
Gross Receipts
$1,841,664
Mission and Program Overview

Mission

To provide educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,584,113$3,119,451▲ $1,535,338
Savings and Temporary Cash Investments$3,106,962$1,392,301▼ $1,714,661
Land, Buildings, and Equipment, Net$582,323$569,110▼ $13,213
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,477,044$5,294,268▼ $182,776
Other Assets Total$203,646$213,406▲ $9,760
Liabilities
Accounts Payable and Accrued Expenses$7,292$6,117▼ $1,175
Other Liabilities$2,183--
Total Liabilities$9,475$6,117▼ $3,358
Net Assets / Fund Balance
Unrestricted Net Assets$5,223,696$5,042,684▼ $181,012
Temporarily Rstr Net Assets$243,873$245,467▲ $1,594
Total Net Assets Fund Balance$5,467,569$5,288,151▼ $179,418
Total Liabilities and Net Assets / Fund Balance$5,477,044$5,294,268▼ $182,776

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$300,402$133,128$433,530
Equipment$61,647$348,233$409,880
Buildings$107,061$217,939$325,000
Land$100,000-$100,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy ChangExecutive DirecFT$114,000$114,000

Board Members and Trustees

NameTitle
S K ChangPresident
David StrickBoard Member
Stan SchumanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$371,810
Investment Income
$155,784
Other Revenue
$17,790
Change in Net Assets
$-242,537

Audited Revenue Reconciliation

Revenue per Audited Statements
$545,384
Revenue Not Reported on Form 990
$63,119
Total Revenue per Audited Statements
$608,503
Total Revenue per Form 990
$545,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$553,879
Other Expenses$234,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,431$21,611-$380,042
Current Officers, Directors, Trustees, and Key Employees$76,950$37,050-$114,000
Depreciation Depletion$45,000$2,368-$47,368
Payroll Taxes$30,524$4,113-$34,637
Office Expenses$28,611$1,506-$30,117
Occupancy$25,977$1,367-$27,344
Other Employee Benefits-$25,200-$25,200
All Other Expenses$10,727$3,609-$14,336
Fees for Services Other-$13,393-$13,393
Other Expenses$7,036$370-$7,406
Insurance$5,532$335-$5,867
Advertising-$4,897-$4,897
Travel-$4,502-$4,502
Total Functional Expenses$665,405$122,516$0$787,921

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$787,921
Total Expenses per Audited Statements$787,921
Total Expenses per Form 990$787,921
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-
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Two of the Board members- SK Chang and Judy Chang have a family relationship

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

The Board of Directors keeps minutes of its meetings.

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

The Governing Body reviews the 990 in detail before signing and filing the return

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

The Board of directors is in charge of reviewing and monitoring the conflict of interest policy comliance and votes on decisions on enforcement as needed.

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

The board reviews and approves all raises and salaries.

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

The board reviews and approves all raises and salaries.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Knowledge Systems Institute
EIN
36-3085682
Phone
8476793135
Address
3420 Main Street, Skokie, IL 60076

Signing Officer

Name
Judy Chang
Title
Executive Direc
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Chang
Formed
1978
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
2
Employees
13

Preparer

Firm
Knutte & Associates Pc
Address
7900 S CASS AVE STE 210, DARIEN, IL 60561-5066
Preparer
Joseph Knutte CPA
Phone
6309603317
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Realized Loss on Investments $0 Change in FV of Life Insurance $10930

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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0371810
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03106962
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01392301
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0107061
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0217939
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0325000
IRS990ScheduleD/EquipmentGrp/BookValueAmt061647
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0348233
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0409880
IRS990ScheduleD/ExpensesSubtotalAmt0787921
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0300402
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0133128
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0433530
IRS990ScheduleD/NetUnrealizedGainsInvstAmt052189
IRS990ScheduleD/OtherRevenueAmt010930
IRS990ScheduleD/RevenueNotReportedAmt063119
IRS990ScheduleD/RevenueSubtotalAmt0545384
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Realized Loss on Investments $0 Change in FV of Life Insurance $10930
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0569110
IRS990ScheduleD/TotalExpensesPerForm990Amt0787921
IRS990ScheduleD/TotalRevenuePerForm990Amt0545384
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0608503
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0787921
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Two of the Board members- SK Chang and Judy Chang have a family relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors keeps minutes of its meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Governing Body reviews the 990 in detail before signing and filing the return
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of directors is in charge of reviewing and monitoring the conflict of interest policy comliance and votes on decisions on enforcement as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board reviews and approves all raises and salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The board reviews and approves all raises and salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0243873
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0245467
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05477044
IRS990/TotalAssetsEOYAmt05294268
IRS990/TotalAssetsGrp/BOYAmt05477044
IRS990/TotalAssetsGrp/EOYAmt05294268
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122516
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0665405
IRS990/TotalFunctionalExpensesGrp/TotalAmt0787921
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09475
IRS990/TotalLiabilitiesEOYAmt06117
IRS990/TotalLiabilitiesGrp/BOYAmt09475
IRS990/TotalLiabilitiesGrp/EOYAmt06117
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05467569
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05288151
IRS990/TotalProgramServiceExpensesAmt0665405
IRS990/TotalProgramServiceRevenueAmt0371810
IRS990/TotalReportableCompFromOrgAmt0114000
IRS990/TotalRevenueGrp/ExclusionAmt0164085
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0381299
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0545384
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05477044
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05294268
IRS990/TravelGrp/ManagementAndGeneralAmt04502
IRS990/TravelGrp/TotalAmt04502
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05223696
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05042684
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03420 Main Street
IRS990/USAddress/CityNm0Skokie
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060076
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.ksi.edu/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Judy Chang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Knowledge Systems Institute
ReturnHeader/Filer/BusinessNameControlTxt0KNOW
ReturnHeader/Filer/EIN0363085682
ReturnHeader/Filer/PhoneNum08476793135
ReturnHeader/Filer/USAddress/AddressLine1Txt03420 Main Street
ReturnHeader/Filer/USAddress/CityNm0Skokie
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$0.20$0.27$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$0.01$4.23$0.78$0.41$0.37
2022Detailed filing. Detailed filing data is available for this year.$3.95$0.01$3.94$0.22$0.50$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$0.01$4.78$0.33$0.41$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.71$0.05$4.66$0.37$0.45$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.00$4.69$0.17$0.47$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.60$0.00$4.60$0.11$0.51$0.41
2017Detailed filing. Detailed filing data is available for this year.$5.29$0.01$5.29$0.55$0.79$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.48$0.01$5.47$1.62$1.11$0.51
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$0.01$4.92$1.96$0.91$1.05
2014Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$1.95$0.84$1.11
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$0.00$2.84$1.91$0.80$1.10