Civic Intelligence

Milestone Rocvale Foundation

990 • Fiscal year 2023 • EIN 36-3223946

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 23, 2024

Organization ProfileN/A
4060 Mcfarland RoadRockford, IL 61111

(815) 654-6100

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

54th percentile

7.2%

Faster asset growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

25%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$14,980,270

Up $1,004,682 (+7.2%) from 2022

Net Assets

Up

$14,975,090

Up $1,004,673 (+7.2%) from 2022

Liabilities

Up

$5,180

Up $9 (+0.2%) from 2022

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin11th percentile

Revenue

Up

$490,756

Up $99,156 (+25%) from 2022

Expenses

Up

$611,164

Up $321,354 (+111%) from 2022

Net Income

Down

-$120,408

Down $222,198 (-218%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $12,086,938Liabilities 2011: $1,361,419Net Assets 2011: $10,725,5192011Assets 2012: $11,937,520Liabilities 2012: $1,228,349Net Assets 2012: $10,709,1712012Assets 2013: $12,799,403Liabilities 2013: $1,092,918Net Assets 2013: $11,706,4852013Assets 2014: $14,518,894Liabilities 2014: $959,364Net Assets 2014: $13,559,5302014Assets 2015: $14,393,446Liabilities 2015: $822,587Net Assets 2015: $13,570,8592015Assets 2017: $15,506,610Liabilities 2017: $515,557Net Assets 2017: $14,991,0532017Assets 2018: $15,699,007Liabilities 2018: $356,845Net Assets 2018: $15,342,1622018Assets 2019: $13,446,963Liabilities 2019: $186,273Net Assets 2019: $13,260,6902019Assets 2020: $12,578,221Liabilities 2020: $5,171Net Assets 2020: $12,573,0502020Assets 2021: $16,248,440Liabilities 2021: $5,171Net Assets 2021: $16,243,2692021Assets 2022: $13,975,588Liabilities 2022: $5,171Net Assets 2022: $13,970,4172022Assets 2023: $14,980,270Liabilities 2023: $5,180Net Assets 2023: $14,975,0902023Assets 2024: $16,521,955Liabilities 2024: $5,193Net Assets 2024: $16,516,7622024Assets 2025: $17,871,890Liabilities 2025: $5,206Net Assets 2025: $17,866,6842025

Highlighted filing

2023

Assets$14,980,270
Liabilities$5,180
Net Assets$14,975,090
Open 2023 Filing

Operations Trend

Revenue Growth77th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $242,1472011Expenses 2012: $360,0112012Expenses 2013: $476,7112013Revenue 2014: $1,024,828Expenses 2014: $248,272Net Income 2014: $776,5562014Revenue 2015: $957,834Expenses 2015: $664,376Net Income 2015: $293,4582015Revenue 2017: $662,783Expenses 2017: $645,351Net Income 2017: $17,4322017Revenue 2018: $562,494Expenses 2018: $852,473Net Income 2018: -$289,9792018Revenue 2019: $663,721Expenses 2019: $2,540,605Net Income 2019: -$1,876,8842019Revenue 2020: $460,427Expenses 2020: $970,634Net Income 2020: -$510,2072020Revenue 2021: $293,963Expenses 2021: $276,491Net Income 2021: $17,4722021Revenue 2022: $391,600Expenses 2022: $289,810Net Income 2022: $101,7902022Revenue 2023: $490,756Expenses 2023: $611,164Net Income 2023: -$120,4082023Revenue 2024: $453,673Expenses 2024: $522,669Net Income 2024: -$68,9962024Revenue 2025: $488,358Expenses 2025: $502,788Net Income 2025: -$14,4302025

Highlighted filing

2023

Revenue$490,756
Expenses$611,164
Net Income-$120,408
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 23, 2024
Return Version
2022v5.0
Gross Receipts
$490,756
Mission and Program Overview

Mission

Serve the developmentally disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,792,036$8,756,611▲ $1,964,575
Savings and Temporary Cash Investments$49,321$39,774▼ $9,547
Cash and Non-Interest-Bearing Accounts$31,581$19,418▼ $12,163
Total Assets$13,975,588$14,980,270▲ $1,004,682
Other Assets Total$7,102,650$6,164,467▼ $938,183
Liabilities
Escrow Account Liability$5,171$5,180▲ $9
Total Liabilities$5,171$5,180▲ $9
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,024,158$10,662,549▲ $638,391
Net Assets With Donor Restrictions$3,946,259$4,312,541▲ $366,282
Total Net Assets Fund Balance$13,970,417$14,975,090▲ $1,004,673
Total Liabilities and Net Assets / Fund Balance$13,975,588$14,980,270▲ $1,004,682

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$5,180--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,644,152-▲ $154,666-$1,798,818
2021$1,873,035-▼ $228,883-$1,644,152
2020$1,462,361-▲ $410,674-$1,873,035
2019$1,752,502-▲ $3,191$293,332$1,462,361
2018$1,727,706-▲ $104,795$80,000$1,752,501
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
James PatrickChairperson
Dave BaxterDirector
David Raht GallagherDirector
James HamiltonCEO
Patrick AgnewPrdt, Treasu
Revenue and Support

Revenue Composition

Contributions and Grants
$80,000
Program Service Revenue
$0
Investment Income
$410,706
Other Revenue
$50
All Other Contributions
$80,000
Change in Net Assets
$-120,408

Audited Revenue Reconciliation

Revenue per Audited Statements
$420,947
Revenue Not Reported on Financial Statements
$69,809
Revenue Not Reported on Form 990
$1,125,081
Total Revenue per Audited Statements
$1,546,028
Total Revenue per Form 990
$490,756
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$522,139
Other Expenses$89,025
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$522,139--$522,139
Fees for Service Investment Mgmnt Fees-$69,809-$69,809
Fees for Services Accounting-$11,938-$11,938
Office Expenses-$5,003-$5,003
Insurance-$2,260-$2,260
Other Expenses-$15-$15
Total Functional Expenses$522,139$89,025$0$611,164

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$611,164
Expenses per Audited Statements$541,355
Total Expenses per Audited Statements$541,355
Expenses Not Reported on Financial Statements$69,809
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Milestone IncRockford, IL-General Support$521,689
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
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
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, Page 6, Part VI, Line 11B

“Lisa munson, cfo of milestone, inc. Will review the completed form 990. The 990 will then be sent to the board for review before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“The foundation reviews the conflicts of interest information annually and makes sure any board members who have conflicts abstain from voting matters.”

Form 990, Page 6, Part VI, Line 19

“Audited financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Milestone Rocvale Foundation
EIN
36-3223946
Phone
8156546100
Address
4060 MCFARLAND ROAD, ROCKFORD, IL 61111

Signing Officer

Name
Patrick Agnew
Title
Prdt, Treasurer, Sec
Phone
8156546100
Signed
2024-01-23

Organization Details

Principal Officer
Patrick Agnew
Formed
1982
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Siepert & Co Llp
Address
4278 E ROCKTON RD, ROSCOE, IL 61073
Preparer
Mark H Trotter
Phone
8156238818
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“Amount held in a separate account for the benefit of a client of milestone inc.”

Schedule D, Page 2, Part V, Line 4

“Endowment earnings are to be used by the organization's operations as deemed necessary.”

Schedule D, Page 3, Part X

“The foundation is a nonprofit organization exempt from federal and state income taxes under internal revenue code section 501(c)(3) as other than a private foundation. As a result, there is no provision for income taxes in the financial statements. Management of the foundation has evaluated for and determined there are no uncertain tax positions as of june 30, 2023. The foundation is subject to informational reporting requirements in the united states federal jurisdiction and the state of illinois. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. Tax returns remain open for federal and state of illinois examination for the past three years. At june 30, 2023, there are no ongoing income tax audits or unresolved disputes with the various taxing authorities the foundation currently files, or has filed, with.”

Raw XML AppendixShowing 400 of 442 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SERVE THE DEVELOPMENTALLY DISABLED.
IRS990/AllOtherContributionsAmt080000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0LISA MUNSON
IRS990/BooksInCareOfDetail/PhoneNum08156546100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04060 MCFARLAND RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCKFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd061111
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt031581
IRS990/CashNonInterestBearingGrp/EOYAmt019418
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt080000
IRS990/CYGrantsAndSimilarPaidAmt0522139
IRS990/CYInvestmentIncomeAmt0410706
IRS990/CYOtherExpensesAmt089025
IRS990/CYOtherRevenueAmt050
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-120408
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0611164
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0490756
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SUPPORT THE CARE FACILITIES FOR DEVELOPMNETALLY DISABLED INDIVIDUALS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03946259
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04312541
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt05171
IRS990/EscrowAccountLiabilityGrp/EOYAmt05180
IRS990/ExpenseAmt0522139
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011938
IRS990/FeesForServicesAccountingGrp/TotalAmt011938
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt069809
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt069809
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0PATRICK AGNEW
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVE BAXTER
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID RAHT GALLAGHER
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES PATRICK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRDT, TREASU
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRPERSON
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0522139
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0522139
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0522139
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0490756
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02260
IRS990/InsuranceGrp/TotalAmt02260
IRS990/InvestmentIncomeGrp/ExclusionAmt0410706
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0410706
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06792036
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08756611
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SERVE THE DEVELOPMENTALLY DISABLED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt013970417
IRS990/NetAssetsOrFundBalancesEOYAmt014975090
IRS990/NetUnrlzdGainsLossesInvstAmt01125081
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010024158
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010662549
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05003
IRS990/OfficeExpensesGrp/TotalAmt05003
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07102650
IRS990/OtherAssetsTotalGrp/EOYAmt06164467
IRS990/OtherExpensesGrp/Desc0DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015
IRS990/OtherExpensesGrp/TotalAmt015
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050
IRS990/OtherRevenueTotalAmt050
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PATRICK AGNEW
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020825
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0199487
IRS990/PYInvestmentIncomeAmt0370775
IRS990/PYOtherExpensesAmt090323
IRS990/PYRevenuesLessExpensesAmt0101790
IRS990/PYTotalExpensesAmt0289810
IRS990/PYTotalRevenueAmt0391600
IRS990/ReconcilationRevenueExpnssAmt0-120408
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049321
IRS990/SavingsAndTempCashInvstGrp/EOYAmt039774
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt0370772
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt0370772
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt0370772
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt0370772
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt0545824
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt0545824
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt0315156
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt0545824
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt0545824
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt0545824
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt0522139
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt0522139
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt01256210
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt0199487
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt0194617
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt0863703
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt0544227
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt01778349
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt0522139
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt0199487
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt0194617
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt0862106
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt01802034
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt0522139
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0545824
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00.956607000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt0522139
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt0522139
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501 (C) (3) OF THE IRC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1ANNUALLY THE FOUNDATION PROVIDES FUNDS TO MILESTONE INC TO ASSIST IN PROGRAM AREAS AND ACTIVITIES THAT OTHERWISE WOULD HAVE A SHORTFALL OF OPERATING REVENUE AND COULD LEAD TO INTERRUPTION OF THOSE CLIENT SERVICES. MILESTONE INC IDENTIFIES THOSE AREAS AND SUBMITS REQUESTS FOR CONTRIBUTIONS EARMARKED FOR THOSE PURPOSES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART V, SECTION D, LINE 8
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt015832452
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt054826
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt015777626
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt0237487
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt015594965
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0545824
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt015832452
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0545824
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0362769801
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0522139
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MILESTONE INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0MILESTONE INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0522139
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/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01644152
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01798818
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0154666
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01873035
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01644152
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-228883
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01462361
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01873035
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0410674
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01752502
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01462361
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03191
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0293332
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01727706
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01752501
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0104795
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt080000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt069809
IRS990ScheduleD/ExpensesSubtotalAmt0541355
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt069809
IRS990ScheduleD/InvestmentExpensesNotIncldAmt069809
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01125081
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03864276
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12115212
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2179799
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35180
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EQUITIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1FIXED INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2MONEY MARKET FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CUSTODIAL CASH
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.81000
IRS990ScheduleD/RevenueNotReportedAmt01125081
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt069809
IRS990ScheduleD/RevenueSubtotalAmt0420947
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AMOUNT HELD IN A SEPARATE ACCOUNT FOR THE BENEFIT OF A CLIENT OF MILESTONE INC.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ENDOWMENT EARNINGS ARE TO BE USED BY THE ORGANIZATION'S OPERATIONS AS DEEMED NECESSARY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS OTHER THAN A PRIVATE FOUNDATION. AS A RESULT, THERE IS NO PROVISION FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. MANAGEMENT OF THE FOUNDATION HAS EVALUATED FOR AND DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. THE FOUNDATION IS SUBJECT TO INFORMATIONAL REPORTING REQUIREMENTS IN THE UNITED STATES FEDERAL JURISDICTION AND THE STATE OF ILLINOIS. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO THE INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. TAX RETURNS REMAIN OPEN FOR FEDERAL AND STATE OF ILLINOIS EXAMINATION FOR THE PAST THREE YEARS. AT JUNE 30, 2023, THERE ARE NO ONGOING INCOME TAX AUDITS OR UNRESOLVED DISPUTES WITH THE VARIOUS TAXING AUTHORITIES THE FOUNDATION CURRENTLY FILES, OR HAS FILED, WITH.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.19000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06164467
IRS990ScheduleD/TotalExpensesPerForm990Amt0611164
IRS990ScheduleD/TotalRevenuePerForm990Amt0490756
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01546028
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0541355
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0521689
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MILESTONE INC
IRS990ScheduleI/RecipientTable/RecipientEIN0362769807
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04060 MCFARLAND ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCKFORD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd061111
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LISA MUNSON, CFO OF MILESTONE, INC. WILL REVIEW THE COMPLETED FORM 990. THE 990 WILL THEN BE SENT TO THE BOARD FOR REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION REVIEWS THE CONFLICTS OF INTEREST INFORMATION ANNUALLY AND MAKES SURE ANY BOARD MEMBERS WHO HAVE CONFLICTS ABSTAIN FROM VOTING MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013975588
IRS990/TotalAssetsEOYAmt014980270
IRS990/TotalAssetsGrp/BOYAmt013975588
IRS990/TotalAssetsGrp/EOYAmt014980270
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt080000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt089025
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0522139
IRS990/TotalFunctionalExpensesGrp/TotalAmt0611164
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05171
IRS990/TotalLiabilitiesEOYAmt05180
IRS990/TotalLiabilitiesGrp/BOYAmt05171
IRS990/TotalLiabilitiesGrp/EOYAmt05180
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013970417
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014975090
IRS990/TotalProgramServiceExpensesAmt0522139
IRS990/TotalRevenueGrp/ExclusionAmt0410706
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0490756
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013975588

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,980,270
Liabilities
$5,180
Net assets
$14,975,090
Revenue
$490,756
Expenses
$611,164
Net income
-$120,408
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.9$0.01$17.9$0.49$0.50$0.01
2024Detailed filing. Detailed filing data is available for this year.$16.5$0.01$16.5$0.45$0.52$0.07
2023Detailed filing. Detailed filing data is available for this year.$15.0$0.01$15.0$0.49$0.61$0.12
2022Detailed filing. Detailed filing data is available for this year.$14.0$0.01$14.0$0.39$0.29$0.10
2021Detailed filing. Detailed filing data is available for this year.$16.2$0.01$16.2$0.29$0.28$0.02
2020Detailed filing. Detailed filing data is available for this year.$12.6$0.01$12.6$0.46$0.97$0.51
2019Detailed filing. Detailed filing data is available for this year.$13.4$0.19$13.3$0.66$2.54$1.88
2018Detailed filing. Detailed filing data is available for this year.$15.7$0.36$15.3$0.56$0.85$0.29
2017Detailed filing. Detailed filing data is available for this year.$15.5$0.52$15.0$0.66$0.65$0.02
2015Detailed filing. Detailed filing data is available for this year.$14.4$0.82$13.6$0.96$0.66$0.29
2014Detailed filing. Detailed filing data is available for this year.$14.5$0.96$13.6$1.02$0.25$0.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$1.09$11.7$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$1.23$10.7$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$1.36$10.7$0.24