Civic Intelligence

Chicago Floor Covering Association

EIN 36-3413442 • 501(c)6 • Elk Grove Village, IL

Profile

To promote, unify and educate members of the floor covering industry

PO Box 1424Elk Grove Village, IL 60009

chicagoflooring.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

52nd percentile

0.00x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

5.2%

Faster asset growth than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

39%

Faster revenue growth than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$183,446

Up $9,053 (+5.2%) from 2020

Liabilities

Flat

$400

Flat from 2020

Net Assets

Up

$183,046

Up $9,053 (+5.2%) from 2020

Operations
Liabilities / Revenue61st percentileNet Margin77th percentile

Revenue

Up

$30,641

Up $8,605 (+39%) from 2020

Expenses

Down

$25,628

Down $11,917 (-32%) from 2020

Net Income

Up

$5,013

Up $20,522 (+132%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2011: $179,072Liabilities 2011: $14,119Net Assets 2011: $164,9532011Assets 2012: $166,362Liabilities 2012: $10,160Net Assets 2012: $156,2022012Assets 2013: $189,089Liabilities 2013: $9,905Net Assets 2013: $179,1842013Assets 2014: $191,538Liabilities 2014: $4,610Net Assets 2014: $186,9282014Assets 2015: $183,959Liabilities 2015: $4,045Net Assets 2015: $179,9142015Assets 2016: $164,655Liabilities 2016: $0Net Assets 2016: $164,6552016Assets 2017: $165,666Liabilities 2017: $9,714Net Assets 2017: $155,9522017Assets 2018: $173,723Liabilities 2018: -$3,486Net Assets 2018: $177,2092018Assets 2019: $189,900Liabilities 2019: $400Net Assets 2019: $189,5002019Assets 2020: $174,393Liabilities 2020: $400Net Assets 2020: $173,9932020Assets 2021: $183,446Liabilities 2021: $400Net Assets 2021: $183,0462021

Highlighted filing

2021

Assets$183,446
Liabilities$400
Net Assets$183,046
Open 2021 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KExpenses 2011: $113,7962011Expenses 2012: $121,5602012Revenue 2013: $125,681Expenses 2013: $115,275Net Income 2013: $10,4062013Revenue 2014: $110,752Expenses 2014: $102,803Net Income 2014: $7,9492014Revenue 2015: $106,169Expenses 2015: $115,317Net Income 2015: -$9,1482015Revenue 2016: $87,906Expenses 2016: $108,871Net Income 2016: -$20,9652016Revenue 2017: $67,505Expenses 2017: $108,203Net Income 2017: -$40,6982017Revenue 2018: $102,423Expenses 2018: $103,433Net Income 2018: -$1,0102018Revenue 2019: $83,903Expenses 2019: $69,915Net Income 2019: $13,9882019Revenue 2020: $22,036Expenses 2020: $37,545Net Income 2020: -$15,5092020Revenue 2021: $30,641Expenses 2021: $25,628Net Income 2021: $5,0132021

Highlighted filing

2021

Revenue$30,641
Expenses$25,628
Net Income$5,013
Open 2021 Filing

Filings

Most recent year

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

Open filing
Assets
$183,446
Liabilities
$400
Net assets
$183,046
Revenue
$30,641
Expenses
$25,628
Net income
$5,013
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$0.31$0.26$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$0.22$0.38$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.84$0.70$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.74$0.03$1.77$1.02$1.03$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.10$1.56$0.68$1.08$0.41
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.88$1.09$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.04$1.80$1.06$1.15$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.92$0.05$1.87$1.11$1.03$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.89$0.10$1.79$1.26$1.15$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.10$1.56$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.14$1.65$1.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$30,641
Mission and Program Overview

Mission

To promote, unify and educate members of the floor covering industry

Program Services

DescriptionGrantsExpenses
PROMOTION OF FLOOR COVERING INDUSTRY THROUGH EDUCATION, DONATIONS, SCHOLARSHIPS AND INFORMATIONAL MEETINGS--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRED SCHARMPresident-$0--
MICHAEL F FAZZAR JRSecretary-$0--
BILL MARRANOTrustee-$0--
NICOLE HILLYARDTrustee-$0--
Political and Lobbying Activity
In-house lobbying only
No
Filing and Contact Details

Filer

Filer Name
Chicago Floor Covering Association
EIN
36-3413442
Address
PO BOX 1424, ELK GROVE VILLAGE, IL 60009

Signing Officer

Name
Fred Scharm
Title
President
Signed
2022-11-10

Preparer

Firm
Tavola Group
Address
900 NATIONAL PKWY STE 260, SCHAUMBURG, IL 60173-5117
Preparer
Gabriel Malavolti CPA
Phone
8479251489
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Golf outing cost of goods sold 15,181 expenses 731 office 2,295 scholarship 4,500 meals and entertainment 170 total 22,877”

Form 990-ez, Part I, Line 20

“Prior period adjustment 4,040”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 1,380 total 0 1,380”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 400 400”

Raw XML Appendix107 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LEWIS DETLOFF & MALAVOLTI
IRS990EZ/BooksInCareOfDetail/PhoneNum08473837085
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0900 NATIONAL PARKWAY STE 260
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SCHAUMBURG
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060173
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0174393
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0182066
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0300
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05013
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01600
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0174393
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0183446
IRS990EZ/GrossReceiptsAmt030641
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02463
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0173993
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0183046
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0173993
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0183046
IRS990EZ/OccupancyRentUtltsAndMaintAmt01151
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FRED SCHARM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL F FAZZAR JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BILL MARRANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NICOLE HILLYARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01380
IRS990EZ/OtherChangesInNetAssetsAmt04040
IRS990EZ/OtherExpensesTotalAmt022877
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE, UNIFY AND EDUCATE MEMBERS OF THE FLOOR COVERING INDUSTRY
IRS990EZ/ProgramServiceRevenueAmt027878
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTION OF FLOOR COVERING INDUSTRY THROUGH EDUCATION, DONATIONS, SCHOLARSHIPS AND INFORMATIONAL MEETINGS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0400
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0400
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025628
IRS990EZ/TotalRevenueAmt030641
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOLF OUTING COST OF GOODS SOLD 15,181 EXPENSES 731 OFFICE 2,295 SCHOLARSHIP 4,500 MEALS AND ENTERTAINMENT 170 TOTAL 22,877
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJUSTMENT 4,040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 1,380 TOTAL 0 1,380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 400 400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0FRED SCHARM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHICAGO FLOOR COVERING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0CHIC
ReturnHeader/Filer/EIN0363413442
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1424
ReturnHeader/Filer/USAddress/CityNm0ELK GROVE VILLAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060009
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0853627694
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAVOLA GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 NATIONAL PKWY STE 260
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCHAUMBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0601735117
ReturnHeader/PreparerPersonGrp/PhoneNum08479251489
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GABRIEL MALAVOLTI CPA
ReturnHeader/ReturnTs02022-11-11T10:03:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRED
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHARM
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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