Civic Intelligence

Knowledge Systems Institute

990 • Fiscal year 2018 • EIN 36-3085682

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 08, 2019

3420 Main StreetSkokie, IL 60076-2453

(847) 679-3135

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

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

Liabilities / Revenue

28th percentile

0.02x

Higher debt load relative to revenue than 28% of similar nonprofits.

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

Net Margin

1st percentile

-376%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

76th percentile

$119,806

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 111.0% of source-year revenue.

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

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

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

Assets

Down

$4,603,474

Down $690,794 (-13%) from 2017

Net Assets

Down

$4,601,051

Down $687,100 (-13%) from 2017

Liabilities

Down

$2,423

Down $3,694 (-60%) from 2017

Revenue

Down

$107,918

Down $437,466 (-80%) from 2017

Expenses

Down

$514,226

Down $273,695 (-35%) from 2017

Net Income

Down

-$406,308

Down $163,771 (-68%) from 2017

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

2018

Assets$4,603,474
Liabilities$2,423
Net Assets$4,601,051

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

2018

Revenue$107,918
Expenses$514,226
Net Income-$406,308
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 8, 2019
Return Version
2018v3.1
Gross Receipts
$1,292,385
Mission and Program Overview

Mission

To provide educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,119,451$3,395,278▲ $275,827
Land, Buildings, and Equipment, Net$569,110$539,268▼ $29,842
Savings and Temporary Cash Investments$1,392,301$449,843▼ $942,458
Prepaid Expenses and Deferred Charges$2,025$2,024▼ $1
Total Assets$5,294,268$4,603,474▼ $690,794
Other Assets Total$211,381$217,061▲ $5,680
Liabilities
Accounts Payable and Accrued Expenses$6,117$2,423▼ $3,694
Total Liabilities$6,117$2,423▼ $3,694
Net Assets / Fund Balance
Unrestricted Net Assets$5,042,684$4,355,584▼ $687,100
Temporarily Rstr Net Assets$245,467$245,467→ $0
Total Net Assets Fund Balance$5,288,151$4,601,051▼ $687,100
Total Liabilities and Net Assets / Fund Balance$5,294,268$4,603,474▼ $690,794

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$281,014$152,516$433,530
Equipment$135,450$192,442$327,892
Buildings$22,804$302,196$325,000
Land$100,000-$100,000
Other Land Buildings$0$93,840$93,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy ChangDirectorFT$119,806$119,806
Gabriel SmithTreasurerFT$113,590$113,590

Board Members and Trustees

NameTitle
S K ChangPresident
Maria TaiBoard Member
Robert LauriniBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,304
Investment Income
$105,614
Other Revenue
$0
Change in Net Assets
$-406,308

Audited Revenue Reconciliation

Revenue per Audited Statements
$107,918
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-280,792
Total Revenue per Audited Statements
$-172,874
Total Revenue per Form 990
$107,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$378,230
Other Expenses$135,996
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$191,385$42,011-$233,396
Other Salaries and Wages$79,287$16,650-$95,937
Depreciation Depletion$39,609$2,085-$41,694
Payroll Taxes$20,462$4,435-$24,897
Occupancy$22,987$1,209-$24,196
Other Employee Benefits-$24,000-$24,000
Office Expenses$11,779$1,520-$13,299
Travel-$6,101-$6,101
Fees for Services Other-$5,956-$5,956
Advertising-$4,327-$4,327
Information Technology$4,040--$4,040
Other Expenses$1,799$1,055-$1,055
Insurance$935$49-$984
All Other Expenses$906--$906
Total Functional Expenses$403,246$110,980$0$514,226

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$514,226
Total Expenses per Audited Statements$514,226
Total Expenses per Form 990$514,226
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Emily ChangDaughter of OfficerCompensationNo$26,720
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
Yes
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, Section A, Line 2

Line 2 explanation - two of the board members- sk chang and judy chang have a family relationship.

Form 990, Part VI, Section A, Line 8B

Line 8 explanation - the board of directors keeps minutes of its meetings.

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - the governing body reviews the 990 in detail before signing and filing the return.

Form 990, Part VI, Section B, Line 12C

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

Form 990, Part VI, Section B, Line 15

The board reviews and approves all raises and salaries.

Form 990, Part VI, Section C, Line 19

No other 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 60076-2453

Signing Officer

Name
Judy Chang
Title
Director
Phone
8476793135
Signed
2019-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Chang
Formed
1978
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
7
Volunteers
5

Preparer

Firm
Sikich Llp
Address
1415 W DIEHL RD SUITE 400, NAPERVILLE, IL 60563-2349
Preparer
Jill M Boyle
Phone
6305668400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and is classified as other than a private foundation.

Raw XML AppendixShowing 400 of 401 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-172874
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0514226
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0KSI'S ANTI DISCRIMINATION POLICY IS INCLUDED IN THE FACULTY/STAFF HANDBOOK. IT IS ALSO ON THE WEBSITE: HTTPS://WWW.KSIBOOTCAMPS.ORG/CAREERS. THERE IS ALSO A HARD COPY POSTED IN THE KSI ADMINISTRATION OFFICE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0EMILY CHANG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DAUGHTER OF OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt026720
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 2 EXPLANATION - TWO OF THE BOARD MEMBERS- SK CHANG AND JUDY CHANG HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 8 EXPLANATION - THE BOARD OF DIRECTORS KEEPS MINUTES OF ITS MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11B EXPLANATION - THE 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 COMPLIANCE AND VOTES ON DECISIONS ON ENFORCEMENT AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS AND APPROVES ALL RAISES AND SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0245467
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0245467
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05294268
IRS990/TotalAssetsEOYAmt04603474
IRS990/TotalAssetsGrp/BOYAmt05294268
IRS990/TotalAssetsGrp/EOYAmt04603474
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0110980
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0403246
IRS990/TotalFunctionalExpensesGrp/TotalAmt0514226
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06117
IRS990/TotalLiabilitiesEOYAmt02423
IRS990/TotalLiabilitiesGrp/BOYAmt06117
IRS990/TotalLiabilitiesGrp/EOYAmt02423
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05288151
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04601051
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0403246
IRS990/TotalProgramServiceRevenueAmt02304
IRS990/TotalReportableCompFromOrgAmt0233396
IRS990/TotalRevenueGrp/ExclusionAmt0105614
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02304
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0107918
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05294268
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04603474
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt06101
IRS990/TravelGrp/TotalAmt06101
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05042684
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04355584
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03420 MAIN STREET
IRS990/USAddress/CityNm0SKOKIE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0600762453
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.KSI.EDU/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDY CHANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08476793135
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-08
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
ReturnHeader/Filer/USAddress/ZIPCd0600762453
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D845358BABF1F13643AFD2AEE4BA53C7EABFA55A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.170.231.5
ReturnHeader/FilingSecurityInformation/IPDt02019-08-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:49:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363168081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIKICH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01415 W DIEHL RD SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NAPERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0605632349
ReturnHeader/PreparerPersonGrp/PhoneNum06305668400
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JILL M BOYLE
ReturnHeader/ReturnTs02019-08-13T08:19:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31

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
2018Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$0.11$0.51$0.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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