Civic Intelligence

Sidley and Austin Fund for Kanoon Magnet School Inc.

990EZ • Fiscal year 2023 • EIN 36-3412045

Aug 01, 2022 to Jul 31, 2023 • Filed on Dec 12, 2023

Organization ProfileN/A
One South Dearborn Street 2200Chicago, IL 60603

(312) 853-7000

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

94th percentile

65%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

76th percentile

25%

Faster asset growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

8.5%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$202,163

Up $40,134 (+25%) from 2022

Net Assets

Up

$202,163

Up $40,134 (+25%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin94th percentile

Revenue

Up

$61,692

Up $4,850 (+8.5%) from 2022

Expenses

Down

$21,558

Down $6,474 (-23%) from 2022

Net Income

Up

$40,134

Up $11,324 (+39%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$300K$200K$100K$0Assets 2020: $109,133Liabilities 2020: $0Net Assets 2020: $109,1332020Assets 2021: $133,219Liabilities 2021: $0Net Assets 2021: $133,2192021Assets 2022: $162,029Liabilities 2022: $0Net Assets 2022: $162,0292022Assets 2023: $202,163Liabilities 2023: $0Net Assets 2023: $202,1632023Assets 2024: $172,112Liabilities 2024: $0Net Assets 2024: $172,1122024Assets 2025: $172,512Liabilities 2025: $0Net Assets 2025: $172,5122025

Highlighted filing

2023

Assets$202,163
Liabilities$0
Net Assets$202,163
Open 2023 Filing

Operations Trend

Revenue Growth54th percentile

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

$100K$50K$0-$50KRevenue 2020: $44,288Expenses 2020: $68,825Net Income 2020: -$24,5372020Revenue 2021: $58,980Expenses 2021: $34,894Net Income 2021: $24,0862021Revenue 2022: $56,842Expenses 2022: $28,032Net Income 2022: $28,8102022Revenue 2023: $61,692Expenses 2023: $21,558Net Income 2023: $40,1342023Revenue 2024: $29,915Expenses 2024: $59,966Net Income 2024: -$30,0512024Revenue 2025: $60,089Expenses 2025: $59,689Net Income 2025: $4002025

Highlighted filing

2023

Revenue$61,692
Expenses$21,558
Net Income$40,134
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Dec 12, 2023
Return Version
2022v5.0
Gross Receipts
$61,692
Mission and Program Overview

Mission

To provide educational support, assistance and services to kanoon magnet school

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATION SUPPORT, ASSISTANCE AND SERVICES TO THE KANOON MAGNET SCHOOL THROUGH AFTER SCHOOL PROGRAMS FOR STUDENTS AND THE SCHOOL COMMUNITY, INCLUDING VIOLIN PROGRAMS, BOOK FAIR, AND OTHER EDUCATIONAL AND EXTRACURRICULAR ACTIVITIES.$0$21,558
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN G LEVIPresident & Director-$0--
JENIFER WOLFVice President & Director-$0--
KARA L MCCALLTreasurer, Secretary & Director-$0--
Filing and Contact Details

Filer

Filer Name
Sidley & Austin Fund for Kanoon Magnet
EIN
36-3412045
Phone
3128537000
Address
ONE SOUTH DEARBORN STREET 2200, CHICAGO, IL 60603

Signing Officer

Name
John G Levi
Title
President
Phone
3128537000
Signed
2023-12-12
Discuss with paid preparer
Yes

Preparer

Firm
Deloitte Tax Llp
Address
111 S WACKER DR, CHICAGO, IL 60606
Preparer
Angela Moore
Phone
3124861000
Supplemental Narrative

Additional Explanations

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

“Description: interest. Amount: 297.”

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

“Description: violin programs. Amount: 7,001. Description: classroom supplies. Amount: 1,532. Description: staff & student incentives. Amount: 3,526. Description: school events expense. Amount: 1,911. Description: thanksgiving drive. Amount: 7,500. Description: account maintenance fees. Amount: 88. Total to form 990-ez, line 16: 21,558.”

Raw XML Appendix154 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KARA L MCCALL TREAS
IRS990EZ/BooksInCareOfDetail/PhoneNum03128537000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0ONE SOUTH DEARBORN ST CHICAGO IL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060603
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0162029
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0202163
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt061395
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt040134
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0162029
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0202163
IRS990EZ/GrossReceiptsAmt061692
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt0297
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0162029
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0202163
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0162029
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0202163
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN G LEVI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENIFER WOLF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KARA L MCCALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER, SECRETARY & DIR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt021558
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL SUPPORT, ASSISTANCE AND SERVICES TO KANOON MAGNET SCHOOL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATION SUPPORT, ASSISTANCE AND SERVICES TO THE KANOON MAGNET SCHOOL THROUGH AFTER SCHOOL PROGRAMS FOR STUDENTS AND THE SCHOOL COMMUNITY, INCLUDING VIOLIN PROGRAMS, BOOK FAIR, AND OTHER EDUCATIONAL AND EXTRACURRICULAR ACTIVITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021558
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt021558
IRS990EZ/TotalProgramServiceExpensesAmt021558
IRS990EZ/TotalRevenueAmt061692
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt061395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt056810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt058955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt057191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0278542
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0257
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0708
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.58450
IRS990ScheduleA/PublicSupportPY170Pct00.55650
IRS990ScheduleA/PublicSupportTotal170Amt0163212
IRS990ScheduleA/SubstantialContributorsTotAmt0115330
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt061395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056810
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt058955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044191
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt057191
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0278542
IRS990ScheduleA/TotalSupportAmt0279250
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 297.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: VIOLIN PROGRAMS. AMOUNT: 7,001. DESCRIPTION: CLASSROOM SUPPLIES. AMOUNT: 1,532. DESCRIPTION: STAFF & STUDENT INCENTIVES. AMOUNT: 3,526. DESCRIPTION: SCHOOL EVENTS EXPENSE. AMOUNT: 1,911. DESCRIPTION: THANKSGIVING DRIVE. AMOUNT: 7,500. DESCRIPTION: ACCOUNT MAINTENANCE FEES. AMOUNT: 88. TOTAL TO FORM 990-EZ, LINE 16: 21,558.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN G LEVI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03128537000
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIDLEY & AUSTIN FUND FOR KANOON MAGNET
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0SIDL
ReturnHeader/Filer/EIN0363412045
ReturnHeader/Filer/PhoneNum03128537000
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE SOUTH DEARBORN STREET 2200
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060603
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861065772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DELOITTE TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 S WACKER DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03124861000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGELA MOORE
ReturnHeader/ReturnTs02023-12-14T15:11:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEVI
ReturnHeader/TaxPeriodBeginDt02022-08-01
ReturnHeader/TaxPeriodEndDt02023-07-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$202,163
Liabilities
$0
Net assets
$202,163
Revenue
$61,692
Expenses
$21,558
Net income
$40,134
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.60$0.60$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.00$1.72$0.30$0.60$0.30
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$0.62$0.22$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.00$1.62$0.57$0.28$0.29
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.59$0.35$0.24
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.44$0.69$0.25