Civic Intelligence

Ases Foundation

990 • Fiscal year 2021 • EIN 36-3313192

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 25, 2022

Organization ProfileWWW.ASES-ASSN.ORG
1515 E Woodfield Road 345Schaumburg, IL 60173

(847) 698-1629

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.04x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.20x

Higher debt load relative to revenue than 56% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

88th percentile

54%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

75th percentile

24%

Faster asset growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

63%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$5,928,281

Up $1,160,759 (+24%) from 2020

Net Assets

Up

$5,676,427

Up $949,339 (+20%) from 2020

Liabilities

Up

$251,854

Up $211,420 (+523%) from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin88th percentile

Revenue

Up

$1,238,897

Up $476,589 (+63%) from 2020

Expenses

Up

$568,806

Up $30,867 (+5.7%) from 2020

Net Income

Up

$670,091

Up $445,722 (+199%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$10M$5.0M$0Assets 2010: $304,768Net Assets 2010: $304,7682010Assets 2014: $768,257Liabilities 2014: $2,885Net Assets 2014: $765,3722014Assets 2016: $2,217,845Liabilities 2016: $173Net Assets 2016: $2,217,6722016Assets 2017: $2,763,478Liabilities 2017: $264,816Net Assets 2017: $2,498,6622017Assets 2018: $3,561,608Liabilities 2018: $3,197Net Assets 2018: $3,558,4112018Assets 2019: $4,418,313Liabilities 2019: $145,343Net Assets 2019: $4,272,9702019Assets 2020: $4,767,522Liabilities 2020: $40,434Net Assets 2020: $4,727,0882020Assets 2021: $5,928,281Liabilities 2021: $251,854Net Assets 2021: $5,676,4272021Assets 2022: $5,579,098Liabilities 2022: $285,650Net Assets 2022: $5,293,4482022Assets 2023: $6,166,369Liabilities 2023: $126,193Net Assets 2023: $6,040,1762023Assets 2024: $8,732,414Liabilities 2024: $562,885Net Assets 2024: $8,169,5292024

Highlighted filing

2021

Assets$5,928,281
Liabilities$251,854
Net Assets$5,676,427
Open 2021 Filing

Operations Trend

Revenue Growth82nd percentile

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

$6.0M$4.0M$2.0M$0Revenue 2010: $78,130Expenses 2010: $4,677Net Income 2010: $73,4532010Revenue 2014: $423,477Expenses 2014: $35,296Net Income 2014: $388,1812014Revenue 2016: $1,260,120Expenses 2016: $86,752Net Income 2016: $1,173,3682016Revenue 2017: $510,332Expenses 2017: $378,971Net Income 2017: $131,3612017Revenue 2018: $1,687,734Expenses 2018: $428,029Net Income 2018: $1,259,7052018Revenue 2019: $894,801Expenses 2019: $501,543Net Income 2019: $393,2582019Revenue 2020: $762,308Expenses 2020: $537,939Net Income 2020: $224,3692020Revenue 2021: $1,238,897Expenses 2021: $568,806Net Income 2021: $670,0912021Revenue 2022: $1,911,127Expenses 2022: $1,608,264Net Income 2022: $302,8632022Revenue 2023: $1,731,452Expenses 2023: $1,522,917Net Income 2023: $208,5352023Revenue 2024: $4,101,031Expenses 2024: $2,372,340Net Income 2024: $1,728,6912024

Highlighted filing

2021

Revenue$1,238,897
Expenses$568,806
Net Income$670,091
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 25, 2022
Return Version
2021v4.2
Gross Receipts
$4,010,675
Mission and Program Overview

Mission

Perform and assist in carrying out charitable and educational functions and purposes of the american shoulder and elbow surgeons.

The mission of the organization is to foster scientific advances and enhance the study of shoulder and elbow surgery.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,790,708$4,300,408▲ $509,700
Cash and Non-Interest-Bearing Accounts$940,812$1,436,223▲ $495,411
Accounts Receivable$16,884$181,150▲ $164,266
Pledges and Grants Receivable$19,118$10,500▼ $8,618
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,767,522$5,928,281▲ $1,160,759
Liabilities
Accounts Payable and Accrued Expenses$20,434$231,854▲ $211,420
Deferred Revenue$20,000$20,000→ $0
Total Liabilities$40,434$251,854▲ $211,420
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,659,651$3,214,002▲ $554,351
Net Assets With Donor Restrictions$2,067,437$2,462,425▲ $394,988
Total Net Assets Fund Balance$4,727,088$5,676,427▲ $949,339
Total Liabilities and Net Assets / Fund Balance$4,767,522$5,928,281▲ $1,160,759

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$266,180---$255,746
2020$270,742-▲ $538-$266,180
2019$275,152-▲ $123-$270,742
2018$278,599-▲ $208-$275,152
2017$281,211-▲ $388-$278,599
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Anthony Miniaci Md FrcscChair
William N Levine MdPast President
April D Armstrong Md FrcscTrustee
Evan L Flatow MdTrustee
Gregory P Nicholson MdTrustee
Joseph P Iannotti Md PhdTrustee
Joseph a Abboud MdTrustee
Jonathan B Ticker MdEx Officio
Charles L Getz MdSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$942,630
Program Service Revenue
$113,090
Investment Income
$183,177
Other Revenue
$0
All Other Contributions
$942,630
Change in Net Assets
$670,091

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,218,618
Revenue Not Reported on Financial Statements
$20,279
Revenue Not Reported on Form 990
$279,248
Total Revenue per Audited Statements
$1,497,866
Total Revenue per Form 990
$1,238,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$323,920
Other Expenses$244,886
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$319,420--$319,420
Fees for Services Other$41,536$47,268-$88,804
Fees for Services Management-$65,745-$65,745
Conferences and Meetings$41,181--$41,181
Fees for Service Investment Mgmnt Fees-$20,279-$20,279
Fees for Services Accounting-$6,938-$6,938
Advertising$5,773--$5,773
Travel$3,467$1,536-$5,003
Grants to Domestic Individuals$3,000--$3,000
Fees for Services Legal-$2,952-$2,952
Information Technology-$1,808-$1,808
Foreign Grants$1,500--$1,500
Other Expenses$4,441$872-$872
Office Expenses$647$158-$805
Occupancy-$157-$157
Total Functional Expenses$420,965$147,841$0$568,806

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$568,806
Expenses per Audited Statements$548,527
Total Expenses per Audited Statements$548,527
Expenses Not Reported on Financial Statements$20,279
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Massachusetts General Hospital Dept of Orthopaedic SurgeryBoston, MA170(b)(1)(a)(vi)Research$40,840
Beaumont Health Royal OakRoyal Oak, MI170(b)(1)(a)(iii)Research$20,840
Hh Medstar Health IncBaltimore, MD170(b)(1)(a)(iii)Research$20,840
Icahn School of Medicine at Mount SinaiNew York, NY170(b)(1)(a)(iii)Research$20,840
New York UniversityNew York, NY170(b)(1)(a)(iii)Research$20,840
Rhode Island HospitalProvidence, RI170(b)(1)(a)(iii)Research$20,840
Rush University Medical CenterChicago, IL170(b)(1)(a)(iii)Research$20,840
Southern Oregon Orthopedic Research FoundationMedford, OR170(b)(1)(a)(iii)Research$20,840
Texas Education & Research Foundation for Shoulder and Elbow SurgeryHouston, TX170(b)(1)(a)(iii)Research$20,840
University of FloridaGainesville, FL170(b)(1)(a)(iii)Research$20,840
University of WashingtonSeattle, WA11(a)(2)(b)Research$20,840
Upmc Community Medicine IncPittsburgh, PA170(b)(1)(a)(iii)Research$20,840
Washington UniversitySt Louis, MO170(b)(1)(a)(iii)Research$20,840
Cincinnati Shoulder and Elbow Research and Education Foundation IncCincinnati, OH509(a)Research$17,000
Medstar Health Research Institute IncBoston, MA170(b)(1)(a)(iii)Research$10,000
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
Backup withholding compliance
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management duties were performed by employees of the american academy of orthopedic surgeons through march 31, 2021. After which management duties were performed by employees of the american shoulder and elbow surgeons.”

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

“An independent certified public accounting firm (cpa) prepares the foundation's form 990 and submits the form to the foundation's management for review. Within the management , the form is reviewed by a certified public accountant with extensive nonprofit accounting experience. The management company submits the form to the foundation's treasurer for review. An electronic copy of the form is also provided to all voting members of the board for review. Questions and comments on the form by the treasurer and board members are directed back to the cpa and internal accountant for resolution. After all discussion points are resolved, the forms are finalized and provided to the treasurer for final review and signature.”

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

“Interested parties must disclose their position prior to engaging in any transaction that gives rise to conflict. The conflict is then evaluated by the executive committee.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ases Foundation
EIN
36-3313192
Phone
8476981629
Address
1515 E WOODFIELD ROAD 345, SCHAUMBURG, IL 60173

Signing Officer

Name
Charles L Getz Md
Title
Secretary/treasurer
Phone
8476981629
Signed
2022-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles L Getz Md
Formed
1984
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
15

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Megan Angle
Phone
8479561040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contractors: program service expenses 6,152. Management and general expenses 47,268. Fundraising expenses 0. Total expenses 53,420. Stipends: program service expenses 35,384. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,384.”

Financial Statement Notes

PART V, LINE 4:

“Research and education grants”

PART X, LINE 2:

“The foundation has adopted the provision of asc topic 740, income taxes, relating to the accounting for uncertainty in income taxes. The foundation files information returns in the u.s. Federal jurisdiction, and the state of illinois. Management is not aware of any uncertain tax positions.”

Raw XML AppendixShowing 400 of 641 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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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03214002
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0157
IRS990/OccupancyGrp/TotalAmt0157
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0158
IRS990/OfficeExpensesGrp/ProgramServicesAmt0647
IRS990/OfficeExpensesGrp/TotalAmt0805
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0128
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1872
IRS990/OtherExpensesGrp/ProgramServicesAmt04441
IRS990/OtherExpensesGrp/TotalAmt04569
IRS990/OtherExpensesGrp/TotalAmt1872
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt019118
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010500
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CHARLES L GETZ MD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION/ REGISTRATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0113090
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0113090
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0653026
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0430788
IRS990/PYInvestmentIncomeAmt0109282
IRS990/PYOtherExpensesAmt0107151
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0224369
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0537939
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0762308
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0670091
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0113090
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EXAMINED IRS DETERMINATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SHARED BOARD MEMBER, ALL SUPPORT FOR RESEARCH AND EDUCATIONAL PURPOSES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV SECTION A LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV SECTION A LINE 3C
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0411474626
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ANERICAN SHOULDER & ELBOW SURGEONS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0266180
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0255746
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0-10434
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0270742
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0266180
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-5100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0538
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0275152
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0270742
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-4533
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0123
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0278599
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0275152
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-3665
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0208
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0281211
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0278599
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-3000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0388
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt020279
IRS990ScheduleD/ExpensesSubtotalAmt0548527
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt020279
IRS990ScheduleD/InvestmentExpensesNotIncldAmt020279
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0279248
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.99320
IRS990ScheduleD/RevenueNotReportedAmt0279248
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt020279
IRS990ScheduleD/RevenueSubtotalAmt01218618
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RESEARCH AND EDUCATION GRANTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS ADOPTED THE PROVISION OF ASC TOPIC 740, INCOME TAXES, RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF ILLINOIS. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00680
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0568806
IRS990ScheduleD/TotalRevenuePerForm990Amt01238897
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01497866
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0548527
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt040840
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt220840
IRS990ScheduleI/RecipientTable/CashGrantAmt317000
IRS990ScheduleI/RecipientTable/CashGrantAmt420840
IRS990ScheduleI/RecipientTable/CashGrantAmt520840
IRS990ScheduleI/RecipientTable/CashGrantAmt620840
IRS990ScheduleI/RecipientTable/CashGrantAmt720840
IRS990ScheduleI/RecipientTable/CashGrantAmt820840
IRS990ScheduleI/RecipientTable/CashGrantAmt920840
IRS990ScheduleI/RecipientTable/CashGrantAmt1020840
IRS990ScheduleI/RecipientTable/CashGrantAmt1120840
IRS990ScheduleI/RecipientTable/CashGrantAmt1220840
IRS990ScheduleI/RecipientTable/CashGrantAmt1320840
IRS990ScheduleI/RecipientTable/CashGrantAmt1420840
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(B)(1)(A)(VI)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3509(A)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1111(A)(2)(B)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14170(B)(1)(A)(III)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt130
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt140
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,928,281
Liabilities
$251,854
Net assets
$5,676,427
Revenue
$1,238,897
Expenses
$568,806
Net income
$670,091
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.73$0.56$8.17$4.10$2.37$1.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.17$0.13$6.04$1.73$1.52$0.21
2022Detailed filing. Detailed filing data is available for this year.$5.58$0.29$5.29$1.91$1.61$0.30
2021Detailed filing. Detailed filing data is available for this year.$5.93$0.25$5.68$1.24$0.57$0.67
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$0.04$4.73$0.76$0.54$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$0.15$4.27$0.89$0.50$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$0.00$3.56$1.69$0.43$1.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.26$2.50$0.51$0.38$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.00$2.22$1.26$0.09$1.17
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.42$0.04$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.30$0.08$0.00$0.07