Civic Intelligence

Cool Ministries

990 • Fiscal year 2024 • EIN 36-3310492

Oct 01, 2023 to Sep 30, 2024 • Filed on Jun 17, 2025

800 W Glen Flora AveWaukegan, IL 60085

(847) 662-1340

Siviq Scores

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

Liabilities / Assets

40th percentile

0.02x

Higher debt load relative to assets than 40% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.02x

Higher debt load relative to revenue than 33% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

40th percentile

0.5%

Higher net margin than 40% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$72,827

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

57th percentile

6.9%

Faster asset growth than 57% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-3.6%

Faster revenue growth than 29% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,321,435

Up $85,726 (+6.9%) from 2023

Net Assets

Up

$1,288,648

Up $79,495 (+6.6%) from 2023

Liabilities

Up

$32,787

Up $6,231 (+23%) from 2023

Revenue

Down

$1,675,047

Down $62,250 (-3.6%) from 2023

Expenses

Down

$1,665,877

Down $73,936 (-4.2%) from 2023

Net Income

Up

$9,170

Up $11,686 (+464%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2020: $1,079,109Liabilities 2020: $28,001Net Assets 2020: $1,051,1082020Assets 2021: $1,299,423Liabilities 2021: $36,257Net Assets 2021: $1,263,1662021Assets 2022: $1,220,222Liabilities 2022: $22,310Net Assets 2022: $1,197,9122022Assets 2023: $1,235,709Liabilities 2023: $26,556Net Assets 2023: $1,209,1532023Assets 2024: $1,321,435Liabilities 2024: $32,787Net Assets 2024: $1,288,6482024

Highlighted filing

2024

Assets$1,321,435
Liabilities$32,787
Net Assets$1,288,648

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2020: $588,135Expenses 2020: $451,044Net Income 2020: $137,0912020Revenue 2021: $659,687Expenses 2021: $469,488Net Income 2021: $190,1992021Revenue 2022: $1,553,973Expenses 2022: $1,518,102Net Income 2022: $35,8712022Revenue 2023: $1,737,297Expenses 2023: $1,739,813Net Income 2023: -$2,5162023Revenue 2024: $1,675,047Expenses 2024: $1,665,877Net Income 2024: $9,1702024

Highlighted filing

2024

Revenue$1,675,047
Expenses$1,665,877
Net Income$9,170
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jun 17, 2025
Return Version
2023v6.0
Gross Receipts
$1,939,537
Mission and Program Overview

Mission

To give comprehensive assistance to families in need by reducing hunger and homelessness while encouraging personal growth and self-sufficiency.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$553,128$677,867▲ $124,739
Land, Buildings, and Equipment, Net$538,977$521,203▼ $17,774
Cash and Non-Interest-Bearing Accounts$124,290$99,308▼ $24,982
Savings and Temporary Cash Investments$11,935$14,353▲ $2,418
Prepaid Expenses and Deferred Charges$7,379$8,704▲ $1,325
Total Assets$1,235,709$1,321,435▲ $85,726
Liabilities
Accounts Payable and Accrued Expenses$26,556$32,787▲ $6,231
Total Liabilities$26,556$32,787▲ $6,231
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,202,278$1,280,273▲ $77,995
Net Assets With Donor Restrictions$6,875$8,375▲ $1,500
Total Net Assets Fund Balance$1,209,153$1,288,648▲ $79,495
Total Liabilities and Net Assets / Fund Balance$1,235,709$1,321,435▲ $85,726

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$392,612$449,211$841,823
Equipment$18,227$107,396$125,623
Land$104,364-$104,364
Other Land Buildings$6,000$65,489$71,489
Leasehold Improvements$0$13,514$13,514
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mindy LindholmExecutive DirectorFT$72,827$72,827

Board Members and Trustees

NameTitle
Don HaniganPresident
Mark WandaVice President
Bill WerlyDirector
Dave NorkusDirector
Jill MckeonDirector
Ken EndressDirector
Rick PearceDirector
Terri PedersenDirector
Veronica MarottaDirector
Michael RanieriFinancial Consultant
Reverend Wayne JahnPastoral Advisor
Diane LuosaSecretary
Carol BrandonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,632,291
Program Service Revenue
$13,520
Investment Income
$8,078
Other Revenue
$21,158
All Other Contributions
$1,609,923
Change in Net Assets
$9,170

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 Table100$1,163,142Fair Market Value (FMV)
Other Non Cash Contri Table40$23,176Fair Market Value (FMV)
Total Noncash Contributions140$1,186,318-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,668,801
Revenue Not Reported on Financial Statements
$6,246
Revenue Not Reported on Form 990
$95,027
Total Revenue per Audited Statements
$1,763,828
Total Revenue per Form 990
$1,675,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,367,543
Salaries, Compensation, and Employee Benefits$298,334
Total Fundraising Expense$3,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,490$121,899-$255,389
Occupancy$38,401$3,235-$41,636
Depreciation Depletion$38,572--$38,572
Other Employee Benefits$2,681$18,987-$21,668
Payroll Taxes$11,394$9,883-$21,277
All Other Expenses$2,038$15,623$3,294$20,955
Insurance$15,400$3,803-$19,203
Fees for Services Other$595$9,823-$10,418
Other Expenses$8,327$19,571-$8,327
Office Expenses$341$986-$1,327
Total Functional Expenses$1,458,773$203,810$3,294$1,665,877

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,684,333
Total Expenses per Form 990$1,665,877
Expenses per Audited Statements$1,659,631
Expenses Not Reported on Form 990$24,702
Expenses Not Reported on Financial Statements$6,246
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,210
Fundraising Direct Expenses$24,702
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Plant Sale$24,519$24,519$14,580$9,939
Golf Outing$28,816$20,691$1,025$19,666
Total Events$60,078$45,210$24,702$20,508
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

The organization provides a copy of the 990 to the governing body prior to the monthly board meeting. The 990 is reviewed by the board and any changes or questions are discussed at the board meeting.

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

The organization requires that each new board member complete a confidentiality agreement which is monitored by the board and the executive director.

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

Compensation of the executive director is reviewed and approved by the board of directors.

Form 990, Part VI, Section C, Line 18

The form 990 is available for inspection upon request at the organization's office.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interst policy. And financial statements are available on request.

Filing and Contact Details

Filer

Filer Name
Cool Ministries
EIN
36-3310492
Phone
8476621340
Address
800 W GLEN FLORA AVE, WAUKEGAN, IL 60085

Signing Officer

Name
Don Hanigan
Title
President
Phone
8476621340
Signed
2025-06-17

Organization Details

Principal Officer
Don Hanigan
Formed
1983
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
13
Employees
9
Volunteers
0

Preparer

Firm
Cheryl Rohlfs & Associates Ltd
Address
401 HUEHL ROAD SUITE 1E, NORTHBROOK, IL 60062
Preparer
Cheryl K Rohlfs CPA
Phone
8477539200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 24,702.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 24,702.

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IRS990/OfficeExpensesGrp/TotalAmt01327
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018987
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02681
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021668
IRS990/OtherExpensesGrp/Desc0DONATED FOOD AND SUPPLI
IRS990/OtherExpensesGrp/Desc1FOOD SUPPLIES
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TRAVEL AND TRANSPORTATI
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019571
IRS990/OtherExpensesGrp/ProgramServicesAmt01166747
IRS990/OtherExpensesGrp/ProgramServicesAmt125106
IRS990/OtherExpensesGrp/ProgramServicesAmt215681
IRS990/OtherExpensesGrp/ProgramServicesAmt38327
IRS990/OtherExpensesGrp/TotalAmt01186318
IRS990/OtherExpensesGrp/TotalAmt125106
IRS990/OtherExpensesGrp/TotalAmt215681
IRS990/OtherExpensesGrp/TotalAmt38327
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0650
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0650
IRS990/OtherRevenueTotalAmt0650
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0121899
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0133490
IRS990/OtherSalariesAndWagesGrp/TotalAmt0255389
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09883
IRS990/PayrollTaxesGrp/ProgramServicesAmt011394
IRS990/PayrollTaxesGrp/TotalAmt021277
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07379
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08704
IRS990/PrincipalOfficerNm0DON HANIGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013520
IRS990/ProgSrvcAccomActy2Grp/Desc0COOL FAMILY/TRANSITIONAL HOUSING PROGRAM HAS BEEN IN OPERATION SINCE 1988. THIS PROGRAM PROVIDES SERVICES AND PROGRAMS INCLUDING LIFE SKILLS TRAINING ALONG WITH RENT AND UTILITIES PAID HOMES FOR HOMELESS FAMILIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0103241
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt013520
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01681424
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013761
IRS990/PYOtherExpensesAmt01446771
IRS990/PYOtherRevenueAmt030852
IRS990/PYProgramServiceRevenueAmt011260
IRS990/PYRevenuesLessExpensesAmt0-2516
IRS990/PYSalariesCompEmpBnftPaidAmt0293042
IRS990/PYTotalExpensesAmt01739813
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01737297
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt09170
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08728
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011935
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014353
IRS990ScheduleA/ChurchInd0X
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/BookValueAmt0392612
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0449211
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0841823
IRS990ScheduleD/EquipmentGrp/BookValueAmt018227
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0107396
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0125623
IRS990ScheduleD/ExpensesNotReportedAmt024702
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06246
IRS990ScheduleD/ExpensesSubtotalAmt01659631
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06246
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06246
IRS990ScheduleD/LandGrp/BookValueAmt0104364
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0104364
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013514
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013514
IRS990ScheduleD/NetUnrealizedGainsInvstAmt070325
IRS990ScheduleD/OtherExpensesIncludedAmt024702
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt065489
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071489
IRS990ScheduleD/OtherRevenueAmt024702
IRS990ScheduleD/RevenueNotReportedAmt095027
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06246
IRS990ScheduleD/RevenueSubtotalAmt01668801
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 24,702.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 24,702.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0521203
IRS990ScheduleD/TotalExpensesPerForm990Amt01665877
IRS990ScheduleD/TotalRevenuePerForm990Amt01675047
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01763828
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01684333
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt014868
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt08125
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt06743
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024702
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt09097
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt09097
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0PLANT SALE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028816
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt024519
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06743
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt060078
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020691
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt024519
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt045210
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020508
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015605
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01025
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt014580
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0100
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt140
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0FOOD CONTRIBUTIONS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1GOODS CONTRIBUTIONS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt01163142
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt123176
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00

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