Civic Intelligence

Gaelic Events Club

990 • Fiscal year 2017 • EIN 36-3132054

Mar 01, 2016 to Feb 28, 2017 • Filed on Jan 08, 2018

6119 WEST 147th STREETOak Forest, IL 60452

(708) 687-9323

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

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

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.01x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Net Margin

41st percentile

3.6%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2017

Asset Growth

31st percentile

0.2%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

53rd percentile

4.2%

Faster revenue growth than 53% of similar nonprofits.

2017 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,556,496

Up $9,942 (+0.2%) from 2016

Net Assets

Up

$5,552,333

Up $12,484 (+0.2%) from 2016

Liabilities

Down

$4,163

Down $2,542 (-38%) from 2016

Revenue

Up

$348,758

Up $14,109 (+4.2%) from 2016

Expenses

Up

$336,274

Up $21,106 (+6.7%) from 2016

Net Income

Down

$12,484

Down $6,997 (-36%) 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 2014: $5,436,549Liabilities 2014: $6,365Net Assets 2014: $5,430,1842014Assets 2015: $5,523,134Liabilities 2015: $2,766Net Assets 2015: $5,520,3682015Assets 2016: $5,546,554Liabilities 2016: $6,705Net Assets 2016: $5,539,8492016Assets 2017: $5,556,496Liabilities 2017: $4,163Net Assets 2017: $5,552,3332017Assets 2018: $5,645,344Liabilities 2018: $741Net Assets 2018: $5,644,6032018Assets 2019: $5,653,964Liabilities 2019: $6,244Net Assets 2019: $5,647,7202019Assets 2020: $5,603,852Liabilities 2020: $56,209Net Assets 2020: $5,547,6432020Assets 2021: $5,654,433Liabilities 2021: $6,378Net Assets 2021: $5,648,0552021Assets 2022: $5,769,731Liabilities 2022: $0Net Assets 2022: $5,769,7312022Assets 2023: $5,652,519Liabilities 2023: $11,779Net Assets 2023: $5,640,7402023Assets 2024: $5,525,988Liabilities 2024: $46,186Net Assets 2024: $5,479,8022024Assets 2025: $5,630,572Liabilities 2025: $50,127Net Assets 2025: $5,580,4452025

Highlighted filing

2017

Assets$5,556,496
Liabilities$4,163
Net Assets$5,552,333

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $365,309Expenses 2014: $331,506Net Income 2014: $33,8032014Revenue 2015: $451,940Expenses 2015: $361,756Net Income 2015: $90,1842015Revenue 2016: $334,649Expenses 2016: $315,168Net Income 2016: $19,4812016Revenue 2017: $348,758Expenses 2017: $336,274Net Income 2017: $12,4842017Revenue 2018: $406,994Expenses 2018: $314,724Net Income 2018: $92,2702018Revenue 2019: $316,351Expenses 2019: $313,234Net Income 2019: $3,1172019Revenue 2020: $244,776Expenses 2020: $344,853Net Income 2020: -$100,0772020Revenue 2021: $171,884Expenses 2021: $71,472Net Income 2021: $100,4122021Revenue 2022: $220,021Expenses 2022: $98,345Net Income 2022: $121,6762022Revenue 2023: $80,013Expenses 2023: $209,004Net Income 2023: -$128,9912023Revenue 2024: $279,396Expenses 2024: $440,334Net Income 2024: -$160,9382024Revenue 2025: $626,313Expenses 2025: $525,670Net Income 2025: $100,6432025

Highlighted filing

2017

Revenue$348,758
Expenses$336,274
Net Income$12,484
Jump To
Filing Snapshot
Filing Period
Mar 1, 2016 to Feb 28, 2017
Signed
Jan 8, 2018
Return Version
2016v3.0
Gross Receipts
$648,422
Mission and Program Overview

Mission

Promotion of cultural and social events for the gaelic heritage.

The promotion of cultural and social events for the gaelic heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,539,849$5,552,333▲ $12,484
Land, Buildings, and Equipment, Net$3,390,296$3,524,189▲ $133,893
Investments Other Securities$760,000$760,000→ $0
Savings and Temporary Cash Investments$436,166$431,745▼ $4,421
Cash and Non-Interest-Bearing Accounts$194,334$286,569▲ $92,235
Prepaid Expenses and Deferred Charges$310,108$43,292▼ $266,816
Inventories for Sale or Use$3,611$10,880▲ $7,269
Accounts Receivable$11,500$10,000▼ $1,500
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,546,554$5,556,496▲ $9,942
Other Assets Total$440,539$489,821▲ $49,282
Liabilities
Accounts Payable and Accrued Expenses$6,705$4,163▼ $2,542
Total Liabilities$6,705$4,163▼ $2,542
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,539,849$5,552,333▲ $12,484
Total Liabilities and Net Assets / Fund Balance$5,546,554$5,556,496▲ $9,942

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$770,974$1,478,706$547,797
Buildings$1,268,526$1,415,291$221,519
Land$1,484,689--
Other Assets Org$489,821--
Closely Held Equity Interests$760,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
BILL O'SULLIVANPresident
Barney FarrellyDirector
Brendan HoulihanDirector
Don TannheimerDirector
Donna KillenDirector
Jack StewartDirector
James StauntonDirector
Joe BegleyDirector
John ConroyDirector
John DevittDirector
Larry CoughlinDirector
MARY O'DONNELLDirector
Marie RattiganDirector
Mark FlynnDirector
Mary McnallyDirector
Mary MoloneyDirector
Maureen GillDirector
Pat CroninDirector
Sean FolanDirector
Sean KennyDirector
Thomas DolanDirector
Tim McguireDirector
Tom LallyDirector
Marla ButlerAssistant Treasurer
Peggy MurphyRecording Secretary
Carol SweeneySecretary
Maureen BektaTreasurer
Mary RiordonVice Pres
Mike CookeVice Pres
Sean CreanVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$339,343
Investment Income
$379
Other Revenue
$9,036
Change in Net Assets
$12,484
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$336,274
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$43,042--$43,042
Depreciation Depletion$23,021--$23,021
Advertising-$20,681-$20,681
Fees for Services Legal-$15,957-$15,957
Office Expenses-$15,856-$15,856
Fees for Services Accounting-$6,727-$6,727
Total Functional Expenses$277,053$59,221$0$336,274
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$150,000
Gaming Direct Expenses$50,570
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

The organization has 30 stockholders/members

Form 990, Part VI, Section A, line 7A

The 30 stockholders/members elect 3 members to the board of directors.

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

After the 990 is prepared by an independent accountant it is reviewed by a member/stockholder who is an accountant. Once the member/stockholder designated to review form 990 is done the 990 is given to the board for approval.

Form 990, Part VI, Section B, line 15

The organization has zero employees and all services provided by management is on a volunter basis, therefore the organization has no policy or review process for determining compensation of management.

Form 990, Part VI, Section C, line 19

Available upon request at the organization's office

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Bill o'sullivan - 5339 fawn court, palos park, il 60464. Mike cooke - 19425 glenbrook, tinley park, il 60477. Sean crean - 9268 shimmering view court, frankfort, il 60423. Carol sweeney - 10355 s drake, chicago, il 60655. Maureen bekta - 8224 queen victoria lane, tinley park, il 60477. Peggy murphy - 1040 w adams - unit 210, chicago, il 60607. Mary riordon - 5033 lamb drive, oak lawn, il 60453. Marla butler - 5542 linder court, crestwood, il 60445.

Filing and Contact Details

Filer

Filer Name
Gaelic Events Club
EIN
36-3132054
Phone
7086879323
Address
6119 WEST 147th STREET, OAK FOREST, IL 60452

Signing Officer

Name
BILL O'SULLIVAN
Title
President
Phone
7083496999
Signed
2018-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
BILL O'SULLIVAN
Formed
1996
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Fgmk LLC
Address
2801 Lakeside Drive 3rd Floor, Bannockburn, IL 60015
Preparer
Patrick Ryan
Phone
8473740400
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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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5RECORDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
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IRS990/FormationYr01996
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IRS990/GrantsToOrganizationsInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/MembersOrStockholdersInd01
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IRS990/MinutesOfCommitteesInd01
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