Civic Intelligence

Illinois Knights Templar Home

EIN 36-3153303 • 501(c)3 • Glen Ellyn, IL

Profile

Contributes to the support of an organization that provides long-term care, health care, residential services and other services to residents, generally from the surrounding community.

529 Pennsylvania Avenue No 200Glen Ellyn, IL 60137

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

81st percentile

32%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-0.5%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

61%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$6,078,114

Down $28,997 (-0.5%) from 2019

Liabilities

Down

$0

Down $17,948 (-100%) from 2019

Net Assets

Down

$6,078,114

Down $11,049 (-0.2%) from 2019

Revenue

Up

$77,106

Up $29,118 (+61%) from 2019

Expenses

Up

$52,530

Up $224 (+0.4%) from 2019

Net Income

Up

$24,576

Up $28,894 (+669%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $1,136,466Liabilities 2013: $1,743Net Assets 2013: $1,134,7232013Assets 2014: $1,078,360Liabilities 2014: $2,641Net Assets 2014: $1,075,7192014Assets 2015: $1,081,422Liabilities 2015: $18,922Net Assets 2015: $1,062,5002015Assets 2016: $966,914Liabilities 2016: $22,715Net Assets 2016: $944,1992016Assets 2017: $1,306,479Liabilities 2017: $15,806Net Assets 2017: $1,290,6732017Assets 2018: $6,096,802Liabilities 2018: $22,715Net Assets 2018: $6,074,0872018Assets 2019: $6,107,111Liabilities 2019: $17,948Net Assets 2019: $6,089,1632019Assets 2020: $6,078,114Liabilities 2020: $0Net Assets 2020: $6,078,1142020

Highlighted filing

2020

Assets$6,078,114
Liabilities$0
Net Assets$6,078,114

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $1,1252013Revenue 2014: $11,911Expenses 2014: $85Net Income 2014: $11,8262014Revenue 2015: $22,440Expenses 2015: $16,377Net Income 2015: $6,0632015Revenue 2016: $12,612Expenses 2016: $3,889Net Income 2016: $8,7232016Revenue 2017: $315,206Expenses 2017: $9,127Net Income 2017: $306,0792017Revenue 2018: $4,797,269Expenses 2018: $12,392Net Income 2018: $4,784,8772018Revenue 2019: $47,988Expenses 2019: $52,306Net Income 2019: -$4,3182019Revenue 2020: $77,106Expenses 2020: $52,530Net Income 2020: $24,5762020

Highlighted filing

2020

Revenue$77,106
Expenses$52,530
Net Income$24,576

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Feb 26, 2021
Return Version
2019v5.2
Gross Receipts
$77,106
Mission and Program Overview

Mission

The illinois knights templar home endowment fund was established to support the illinois knights templar home in its mission, as well as supporting other masonic charities and masonic fraternal organizations qualifying as charitable entities.

To support the illinois knights templar home in its mission, as well as supporting other masonic charities and masonic fraternal organizations qualifying as charitable entities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,805,118$1,616,788▼ $188,330
Land, Buildings, and Equipment, Net$1,500,000$1,500,000→ $0
Cash and Non-Interest-Bearing Accounts$963,642$1,110,487▲ $146,845
Savings and Temporary Cash Investments$151,018$155,179▲ $4,161
Inventories for Sale or Use$6,500$18,322▲ $11,822
Prepaid Expenses and Deferred Charges$2,208$338▼ $1,870
Total Assets$6,107,111$6,078,114▼ $28,997
Other Assets Total$1,678,625$1,677,000▼ $1,625
Liabilities
Accounts Payable and Accrued Expenses$17,948$0▼ $17,948
Total Liabilities$17,948$0▼ $17,948
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,412,163$4,401,114▼ $11,049
Net Assets With Donor Restrictions$1,677,000$1,677,000→ $0
Total Net Assets Fund Balance$6,089,163$6,078,114▼ $11,049
Total Liabilities and Net Assets / Fund Balance$6,107,111$6,078,114▼ $28,997

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,500,000--
Other Assets Org$1,677,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard T CarnallPresident
Henry J DeheerDirector
James W PattonDirector
Richard YenaSecretary
William E JegenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2
Program Service Revenue
$0
Investment Income
$55,354
Other Revenue
$21,750
All Other Contributions
$2
Change in Net Assets
$24,576

Audited Revenue Reconciliation

Revenue per Audited Statements
$57,308
Revenue Not Reported on Financial Statements
$19,798
Revenue Not Reported on Form 990
$-35,625
Other Revenue Adjustments
$11,741
Total Revenue per Audited Statements
$21,683
Total Revenue per Form 990
$77,106
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$52,530
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
Fees for Services Accounting-$11,250-$11,250
Fees for Service Investment Mgmnt Fees-$8,057-$8,057
Fees for Services Legal-$1,568-$1,568
Other Expenses-$141-$141
Office Expenses-$118-$118
Conferences and Meetings-$87-$87
All Other Expenses-$5-$5
Total Functional Expenses$0$52,530$0$52,530

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$52,530
Expenses per Audited Statements$32,732
Total Expenses per Audited Statements$32,732
Expenses Not Reported on Financial Statements$19,798
Other Expense Adjustments$11,741
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
Governance and Compliance

Governance Checklist

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

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

Form 990 is prepared by our external tax advisor with data provided by the organization. A draft of the form 990 is provided to the governing body for review and comment prior to filing with the internal revenue service.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest statement and financial statements are available to the public upon request. Documents are available pursuant to the period set forth in section 6104(d).

Form 990, Part VII

The endowment fund holds a single, annual board meeting at which those individuals listed meet. The majority of their annual time spent relates to this board meeting, while the treasurer, william e. Jegen, spends more time throughout the year related to endowment matters. All directors and officers serve without compensation.

Filing and Contact Details

Filer

Filer Name
Illinois Knights Templar Home
EIN
36-3153303
Phone
6308585550
Address
529 PENNSYLVANIA AVENUE NO 200, GLEN ELLYN, IL 60137

Signing Officer

Name
William E Jegen
Title
Treasurer
Phone
6308585550
Signed
2021-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William E Jegen
Formed
1981
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Eck Schafer & Punke Llp
Address
227 S SEVENTH STREET, SPRINGFIELD, IL 62701
Preparer
Brent Leach
Phone
2175251111
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes on income related to its exempt purpose under 501(a) of the internal revenue code (irc) as an organization described under irc section 501(c)(3). The organization follows accounting principles generally accepted in the united states of america which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of july 31, 2020 were reviewed, and it was determined that no provision for uncertain tax positions is required.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Farm expenses netted with revenue on the financial statements

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Farm expenses netted with revenue on the financial statements

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IRS990ScheduleD/RevenueNotReportedAmt0-35625
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt019798
IRS990ScheduleD/RevenueSubtotalAmt057308
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS EXEMPT PURPOSE UNDER 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED UNDER IRC SECTION 501(C)(3). THE ORGANIZATION FOLLOWS ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA WHICH SETS A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX POSITIONS FOR THE OPEN TAX YEARS AS OF JULY 31, 2020 WERE REVIEWED, AND IT WAS DETERMINED THAT NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FARM EXPENSES NETTED WITH REVENUE ON THE FINANCIAL STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FARM EXPENSES NETTED WITH REVENUE ON THE FINANCIAL STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01500000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01677000
IRS990ScheduleD/TotalExpensesPerForm990Amt052530
IRS990ScheduleD/TotalRevenuePerForm990Amt077106
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021683
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt032732
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY OUR EXTERNAL TAX ADVISOR WITH DATA PROVIDED BY THE ORGANIZATION. A DRAFT OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW AND COMMENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. DOCUMENTS ARE AVAILABLE PURSUANT TO THE PERIOD SET FORTH IN SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENDOWMENT FUND HOLDS A SINGLE, ANNUAL BOARD MEETING AT WHICH THOSE INDIVIDUALS LISTED MEET. THE MAJORITY OF THEIR ANNUAL TIME SPENT RELATES TO THIS BOARD MEETING, WHILE THE TREASURER, WILLIAM E. JEGEN, SPENDS MORE TIME THROUGHOUT THE YEAR RELATED TO ENDOWMENT MATTERS. ALL DIRECTORS AND OFFICERS SERVE WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ILLINOIS KNIGHTS TEMPLAR HOME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0370724685
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0529 PENNSYLVANIA AVENUE SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GLEN ELLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060137
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06107111
IRS990/TotalAssetsEOYAmt06078114
IRS990/TotalAssetsGrp/BOYAmt06107111
IRS990/TotalAssetsGrp/EOYAmt06078114
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052530
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt052530
IRS990/TotalGrossUBIAmt021750
IRS990/TotalLiabilitiesBOYAmt017948
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt017948
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06089163
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06078114
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt055354
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt077106
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt021750
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06107111
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06078114
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0529 PENNSYLVANIA AVENUE NO 200
IRS990/USAddress/CityNm0GLEN ELLYN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060137
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM E JEGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06308585550
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ILLINOIS KNIGHTS TEMPLAR HOME
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0ILLI
ReturnHeader/Filer/EIN0363153303
ReturnHeader/Filer/PhoneNum06308585550
ReturnHeader/Filer/USAddress/AddressLine1Txt0529 PENNSYLVANIA AVENUE NO 200
ReturnHeader/Filer/USAddress/CityNm0GLEN ELLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060137
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371335003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ECK SCHAFER & PUNKE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 S SEVENTH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062701
ReturnHeader/PreparerPersonGrp/PhoneNum02175251111
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENT LEACH
ReturnHeader/ReturnTs02021-03-12T13:12:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31

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