Civic Intelligence

Chicago Finance Exchange

990EZ • Fiscal year 2017 • EIN 36-3198333

Feb 01, 2016 to Jan 31, 2017 • Filed on Jun 12, 2017

20960 Frankfort Square Rd No BFrankfort, IL 60423

(312) 833-8782

Siviq Scores

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

Liabilities / Assets

86th percentile

0.32x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

0.49x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

26th percentile

-11%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

16%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$221,821

Down $26,791 (-11%) from 2016

Net Assets

Down

$149,916

Down $27,184 (-15%) from 2016

Liabilities

Up

$71,905

Up $393 (+0.5%) from 2016

Revenue

Up

$146,824

Up $19,970 (+16%) from 2016

Expenses

Up

$174,008

Up $31,551 (+22%) from 2016

Net Income

Down

-$27,184

Down $11,581 (-74%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $186,339Liabilities 2011: $36,066Net Assets 2011: $150,2732011Assets 2012: $217,794Liabilities 2012: $69,640Net Assets 2012: $148,1542012Assets 2013: $361,366Liabilities 2013: $60,400Net Assets 2013: $300,9662013Assets 2015: $282,467Liabilities 2015: $89,764Net Assets 2015: $192,7032015Assets 2016: $248,612Liabilities 2016: $71,512Net Assets 2016: $177,1002016Assets 2017: $221,821Liabilities 2017: $71,905Net Assets 2017: $149,9162017Assets 2018: $192,660Liabilities 2018: $62,460Net Assets 2018: $130,2002018Assets 2019: $175,572Liabilities 2019: $51,210Net Assets 2019: $124,3622019Assets 2020: $187,627Liabilities 2020: $72,420Net Assets 2020: $115,2072020Assets 2021: $207,291Liabilities 2021: $47,550Net Assets 2021: $159,7412021Assets 2022: $234,613Liabilities 2022: $62,400Net Assets 2022: $172,2132022Assets 2023: $230,505Liabilities 2023: $53,340Net Assets 2023: $177,1652023Assets 2024: $211,897Liabilities 2024: $31,930Net Assets 2024: $179,9672024Assets 2025: $198,813Liabilities 2025: $29,080Net Assets 2025: $169,7332025

Highlighted filing

2017

Assets$221,821
Liabilities$71,905
Net Assets$149,916

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $104,715Expenses 2011: $98,730Net Income 2011: $5,9852011Revenue 2012: $105,182Expenses 2012: $107,350Net Income 2012: -$2,1682012Expenses 2013: $112,0932013Revenue 2015: $114,296Expenses 2015: $234,038Net Income 2015: -$119,7422015Revenue 2016: $126,854Expenses 2016: $142,457Net Income 2016: -$15,6032016Revenue 2017: $146,824Expenses 2017: $174,008Net Income 2017: -$27,1842017Revenue 2018: $130,233Expenses 2018: $149,949Net Income 2018: -$19,7162018Revenue 2019: $131,842Expenses 2019: $137,680Net Income 2019: -$5,8382019Revenue 2020: $145,449Expenses 2020: $154,604Net Income 2020: -$9,1552020Revenue 2021: $112,872Expenses 2021: $68,338Net Income 2021: $44,5342021Revenue 2022: $117,792Expenses 2022: $105,320Net Income 2022: $12,4722022Revenue 2023: $108,197Expenses 2023: $103,245Net Income 2023: $4,9522023Revenue 2024: $113,832Expenses 2024: $111,030Net Income 2024: $2,8022024Revenue 2025: $94,236Expenses 2025: $104,470Net Income 2025: -$10,2342025

Highlighted filing

2017

Revenue$146,824
Expenses$174,008
Net Income-$27,184
Jump To
Filing Snapshot
Filing Period
Feb 1, 2016 to Jan 31, 2017
Signed
Jun 12, 2017
Return Version
2016v3.0
Gross Receipts
$146,824
Mission and Program Overview

Mission

The mission of the chicago finance exchange is to enhance the professional growth of its members as leaders and decision makers.

Program Services

DescriptionGrantsExpenses
Professional meetings with speakers on a variety of finance and accounting related subjects.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARA HAYSPresident-$0--
MARTHA MCGUIREVice President-$0--
LINDA KLUTESecretary-$0--
laura PearlTreasurer-$0--
kim AdrianoMember At Large-$0--
judy andringaDirector-$0--
margaret annettDirector-$0--
Kathy HostyDirector-$0--
Jo jacksonDirector-$0--
denise kennyDirector-$0--
chris makiDirector-$0--
TERESA MCMAHONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Chicago Finance Exchange
EIN
36-3198333
Phone
3128338782
Address
20960 Frankfort Square Rd No B, Frankfort, IL 60423

Signing Officer

Name
Laura Pearl
Title
Treasurer
Phone
8154640105
Signed
2017-06-12
Discuss with paid preparer
Yes

Preparer

Firm
Sassetti LLC
Address
6611 North Avenue, Oak Park, IL 60302
Preparer
Jeff Schroeder
Phone
7083861433
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest. Amount: 144.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Management fees. Amount: 51,460. Description: Meetings. Amount: 87,558. Description: CREDIT CARD EXPENSE. Amount: 4,847. Description: Website. Amount: 7,497. Description: Honorarium. Amount: 400. Description: Insurance. Amount: 924. Description: Miscellaneous. Amount: 564. Description: Travel. Amount: 343. Description: Board MEETING EXPENSE. Amount: 2,595. Description: SPONSORSHIP. Amount: 1,000. Description: PROGRAMS - SOCIAL. Amount: 15,278. Total to Form 990-EZ, line 16: 172,466.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: PREPAID EVENT COSTS. Beg. of Year Amount: 2,750. End of Year Amount: 4,553. Description: UNDEPOSITED FUNDS. Beg. of Year Amount: 0. End of Year Amount: 3,000.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: DEFERRED MEMBERSHIP DUES. Beg. of Year Amount: 71,380. End of Year Amount: 71,820. Description: Accrued Expenses. Beg. of Year Amount: 132. End of Year Amount: 0. Description: DEFERRED GUEST FEES. Beg. of Year Amount: 0. End of Year Amount: 85.

Raw XML Appendix176 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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IRS990EZ/WebsiteAddressTxt0WWW.CHICAGOFINANCEEXCHANGE.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest. Amount: 144.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Management fees. Amount: 51,460. Description: Meetings. Amount: 87,558. Description: CREDIT CARD EXPENSE. Amount: 4,847. Description: Website. Amount: 7,497. Description: Honorarium. Amount: 400. Description: Insurance. Amount: 924. Description: Miscellaneous. Amount: 564. Description: Travel. Amount: 343. Description: Board MEETING EXPENSE. Amount: 2,595. Description: SPONSORSHIP. Amount: 1,000. Description: PROGRAMS - SOCIAL. Amount: 15,278. Total to Form 990-EZ, line 16: 172,466.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: PREPAID EVENT COSTS. Beg. of Year Amount: 2,750. End of Year Amount: 4,553. Description: UNDEPOSITED FUNDS. Beg. of Year Amount: 0. End of Year Amount: 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: DEFERRED MEMBERSHIP DUES. Beg. of Year Amount: 71,380. End of Year Amount: 71,820. Description: Accrued Expenses. Beg. of Year Amount: 132. End of Year Amount: 0. Description: DEFERRED GUEST FEES. Beg. of Year Amount: 0. End of Year Amount: 85.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Laura Pearl
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08154640105
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Chicago Finance Exchange
ReturnHeader/Filer/BusinessNameControlTxt0CHIC
ReturnHeader/Filer/EIN0363198333
ReturnHeader/Filer/PhoneNum03128338782
ReturnHeader/Filer/USAddress/AddressLine1Txt020960 Frankfort Square Rd No B
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ReturnHeader/FilingSecurityInformation/IPDt02017-06-12
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ReturnHeader/FilingSecurityInformation/IPTm013:35:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362239746
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sassetti LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06611 North Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oak Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060302
ReturnHeader/PreparerPersonGrp/PhoneNum07083861433
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF SCHROEDER
ReturnHeader/ReturnTs02017-06-14T16:29:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-02-01
ReturnHeader/TaxPeriodEndDt02017-01-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.99$0.29$1.70$0.94$1.04$0.10
2024Detailed filing. Detailed filing data is available for this year.$2.12$0.32$1.80$1.14$1.11$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.31$0.53$1.77$1.08$1.03$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.62$1.72$1.18$1.05$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.07$0.48$1.60$1.13$0.68$0.45
2020Detailed filing. Detailed filing data is available for this year.$1.88$0.72$1.15$1.45$1.55$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.76$0.51$1.24$1.32$1.38$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.93$0.62$1.30$1.30$1.50$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.22$0.72$1.50$1.47$1.74$0.27
2016Detailed filing. Detailed filing data is available for this year.$2.49$0.72$1.77$1.27$1.42$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.82$0.90$1.93$1.14$2.34$1.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$0.60$3.01$1.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.70$1.48$1.05$1.07$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.36$1.50$1.05$0.99$0.06