Civic Intelligence

North Park Elementary School Association

990 • Fiscal year 2020 • EIN 36-3087255

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 02, 2020

2017 W Montrose AvenueChicago, IL 60618

(773) 327-3144

Siviq Scores

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

Liabilities / Assets

75th percentile

0.48x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.86x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$189,058

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$8,155,124

No earlier filing loaded for comparison.

Net Assets

$4,234,119

No earlier filing loaded for comparison.

Liabilities

$3,921,005

No earlier filing loaded for comparison.

Revenue

$4,543,257

No earlier filing loaded for comparison.

Expenses

$3,752,387

No earlier filing loaded for comparison.

Net Income

$790,870

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2020: $8,155,124Liabilities 2020: $3,921,005Net Assets 2020: $4,234,1192020Assets 2021: $8,907,052Liabilities 2021: $3,280,585Net Assets 2021: $5,626,4672021Assets 2022: $9,170,182Liabilities 2022: $2,759,933Net Assets 2022: $6,410,2492022Assets 2023: $10,189,125Liabilities 2023: $2,942,607Net Assets 2023: $7,246,5182023Assets 2024: $10,629,461Liabilities 2024: $3,180,066Net Assets 2024: $7,449,3952024Assets 2025: $10,821,954Liabilities 2025: $3,293,680Net Assets 2025: $7,528,2742025

Highlighted filing

2020

Assets$8,155,124
Liabilities$3,921,005
Net Assets$4,234,119

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2020: $4,543,257Expenses 2020: $3,752,387Net Income 2020: $790,8702020Revenue 2021: $5,524,991Expenses 2021: $4,132,643Net Income 2021: $1,392,3482021Revenue 2022: $5,143,287Expenses 2022: $4,359,505Net Income 2022: $783,7822022Revenue 2023: $6,056,965Expenses 2023: $5,220,697Net Income 2023: $836,2682023Revenue 2024: $5,382,047Expenses 2024: $5,179,170Net Income 2024: $202,8772024Revenue 2025: $5,812,599Expenses 2025: $5,733,720Net Income 2025: $78,8792025

Highlighted filing

2020

Revenue$4,543,257
Expenses$3,752,387
Net Income$790,870
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 2, 2020
Return Version
2019v5.1
Gross Receipts
$4,588,733
Mission and Program Overview

Mission

Operation of a nonsectarian elementary school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,750,484$4,689,986▲ $1,939,502
Cash and Non-Interest-Bearing Accounts$2,944,627$2,965,343▲ $20,716
Accounts Receivable$277,416$471,623▲ $194,207
Prepaid Expenses and Deferred Charges$5,304$28,172▲ $22,868
Total Assets$5,977,831$8,155,124▲ $2,177,293
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,810,433$2,258,645▲ $448,212
Accounts Payable and Accrued Expenses$316,556$1,285,075▲ $968,519
Deferred Revenue$407,593$377,285▼ $30,308
Total Liabilities$2,534,582$3,921,005▲ $1,386,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,048,195$4,084,635▲ $1,036,440
Net Assets With Donor Restrictions$395,054$149,484▼ $245,570
Total Net Assets Fund Balance$3,443,249$4,234,119▲ $790,870
Total Liabilities and Net Assets / Fund Balance$5,977,831$8,155,124▲ $2,177,293

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,307,740$344,695$2,652,435
Land$1,835,973-$1,835,973
Buildings$445,243$1,016,730$1,461,973
Equipment$101,030$108,394$209,424
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Randy NeedlmanHead of SchoolFT$189,058$189,058
Marshall WarrenDirector of Business & OperationsFT$103,136$103,136

Board Members and Trustees

NameTitle
Neepa PatelPresident
Eric HobermanVice President
Dana WeedAssociate Director
Jonathan NovyDirector
Laura CoyDirector
Robert VeriganDirector
Vince MeneesDirector
Zach WasilewDirector
Bob HoellenHonorary Director
Jennifer SeitzTreasurer/director
Jessica WesthoffSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Macon ConstructionSchool Building Construction3280 N CALIFORNIA AVE, Chicago, IL 60618$346,815
Healtcare Service CorporationHealth Insurance300 E RANDOLPH ST, Chicago, IL 60601$214,929
Revenue and Support

Revenue Composition

Contributions and Grants
$843,050
Program Service Revenue
$3,514,668
Investment Income
$34,262
Other Revenue
$151,277
All Other Contributions
$768,382
Change in Net Assets
$790,870

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
Other Non Cash Contri Table272$74,668Fair Market Value (FMV)
Total Noncash Contributions272$74,668-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,543,257
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$120,144
Total Revenue per Audited Statements
$4,663,401
Total Revenue per Form 990
$4,543,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,786,861
Other Expenses$965,526
Total Fundraising Expense$120,536
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,083,736$591,929$111,196$2,786,861
All Other Expenses$26,729$85,551$1,997$114,277
Other Expenses$61,963$42,218$1,318$105,499
Depreciation Depletion$92,054$3,917$1,959$97,930
Interest$67,989$2,893$1,447$72,329
Fees for Services Other$51,298$9,899$293$61,490
Advertising-$40,585$304$40,889
Insurance$2,440$26,456-$28,896
Fees for Services Management-$16,349-$16,349
Fees for Services Accounting-$13,000-$13,000
Fees for Services Legal$9,819--$9,819
Total Functional Expenses$2,795,011$836,840$120,536$3,752,387

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,872,531
Expenses per Audited Statements$3,752,387
Total Expenses per Form 990$3,752,387
Expenses Not Reported on Form 990$120,144
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$184,480
Fundraising Direct Expenses$45,476
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$250,991$176,323$8,377$167,946
Fun Run$8,157$8,157$5,635$2,522
Total Events$259,148$184,480$45,476$139,004
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
Audit committee
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, Section B, Line 11B

Organization's process for reviewing the 990 - the board of directors hires the audit and tax consultant to prepare the form 990. The board of directors, the principal, and the director of operations review the 990 prior to filing.

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

North park elementary school's officers and board members are diligent intheir review of the annual disclosure forms submitted by covered persons.they also compile a list of potentially conflicted entities/individualsannually and all proposed transactions are matched against this list. Indealings with all major vendors, they are asked to disclose anyrelationship -- personal, financial, or otherwise that the vendor has withany of the organization's directors, officers, employees or volunteers.

Form 990, Part VI, Section B, Line 15A

Compensation is reviewed annually by the board and voted on.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
North Park Elementary School Association
EIN
36-3087255
Phone
7733273144
Address
2017 W MONTROSE AVENUE, CHICAGO, IL 60618

Signing Officer

Name
Randy Needlman
Title
Principal
Phone
7732066608
Signed
2020-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Needlman
Formed
1980
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
12
Employees
70
Volunteers
75

Preparer

Firm
Mueller & Co Llp
Address
1707 N RANDALL RD STE 200, ELGIN, IL 60123
Preparer
WILLIAM G O'SULLIVAN
Phone
8478888600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes from prior year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENTS 120,144.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENTS 120,144.

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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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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OPERATION OF A NONSECTARIAN ELEMENTARY SCHOOL
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01810433
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02258645
IRS990/NetAssetsOrFundBalancesBOYAmt03443249
IRS990/NetAssetsOrFundBalancesEOYAmt04234119
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0139004
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0139004
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03048195
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04084635
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EDUCATION SERVICES AND
IRS990/OtherExpensesGrp/Desc1FACILITIES EXPENSE
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3CONTRACTED SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt11716
IRS990/OtherExpensesGrp/FundraisingAmt2306
IRS990/OtherExpensesGrp/FundraisingAmt31318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13432
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt342218
IRS990/OtherExpensesGrp/ProgramServicesAmt0155865
IRS990/OtherExpensesGrp/ProgramServicesAmt1125791
IRS990/OtherExpensesGrp/ProgramServicesAmt2117327
IRS990/OtherExpensesGrp/ProgramServicesAmt361963
IRS990/OtherExpensesGrp/TotalAmt0155865
IRS990/OtherExpensesGrp/TotalAmt1130939
IRS990/OtherExpensesGrp/TotalAmt2118244
IRS990/OtherExpensesGrp/TotalAmt3105499
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/BusinessCd2611710
IRS990/OtherRevenueMiscGrp/Desc0STUDENT INSURANCE
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc2LUNCH PROGRAM
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05798
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13491
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt22984
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05798
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13491
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt22984
IRS990/OtherRevenueTotalAmt012273
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0111196
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0591929
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02083736
IRS990/OtherSalariesAndWagesGrp/TotalAmt02786861
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05304
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028172
IRS990/PrincipalOfficerNm0RANDY NEEDLMAN
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc2CHILD CARE SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/Desc4ASSOCIATION AND BOOK F
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02944436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1254608
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2115981
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3107188
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt492455
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02944436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1254608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2115981
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3107188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt492455
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01148904
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt033314
IRS990/PYOtherExpensesAmt01082803
IRS990/PYOtherRevenueAmt0167651
IRS990/PYProgramServiceRevenueAmt03321505
IRS990/PYRevenuesLessExpensesAmt01007352
IRS990/PYSalariesCompEmpBnftPaidAmt02581219
IRS990/PYTotalExpensesAmt03664022
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04671374
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0790870
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04663401
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0445243
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01016730
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01461973
IRS990ScheduleD/EquipmentGrp/BookValueAmt0101030
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0108394
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0209424
IRS990ScheduleD/ExpensesNotReportedAmt0120144
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03752387
IRS990ScheduleD/LandGrp/BookValueAmt01835973
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01835973
IRS990ScheduleD/OtherExpensesIncludedAmt0120144
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02307740
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0344695
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02652435
IRS990ScheduleD/OtherRevenueAmt0120144
IRS990ScheduleD/RevenueNotReportedAmt0120144
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04543257
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENTS 120,144.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS 120,144.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04689986
IRS990ScheduleD/TotalExpensesPerForm990Amt03752387
IRS990ScheduleD/TotalRevenuePerForm990Amt04543257
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04663401
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03872531
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00

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