Civic Intelligence

Urban Non-Public Education Fund

990 • Fiscal year 2023 • EIN 36-3634360

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 17, 2024

1550 S State Street Suite 107Chicago, IL 60605

(708) 321-0403

Siviq Scores

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

Liabilities / Assets

79th percentile

0.39x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

1.02x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

59th percentile

$82,703

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

110%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,573,984

Up $466,572 (+15%) from 2022

Net Assets

Up

$2,181,191

Up $645,961 (+42%) from 2022

Liabilities

Down

$1,392,793

Down $179,389 (-11%) from 2022

Revenue

Up

$1,362,302

Up $713,437 (+110%) from 2022

Expenses

Up

$688,529

Up $173,488 (+34%) from 2022

Net Income

Up

$673,773

Up $539,949 (+403%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $1,192,389Liabilities 2013: $91,657Net Assets 2013: $1,100,7322013Assets 2014: $1,282,634Liabilities 2014: $156,944Net Assets 2014: $1,125,6902014Assets 2015: $1,655,112Liabilities 2015: $317Net Assets 2015: $1,654,7952015Assets 2016: $1,535,811Liabilities 2016: $75,736Net Assets 2016: $1,460,0752016Assets 2017: $2,036,694Liabilities 2017: $213,095Net Assets 2017: $1,823,5992017Assets 2018: $2,003,221Liabilities 2018: $264,981Net Assets 2018: $1,738,2402018Assets 2019: $1,954,072Liabilities 2019: $307,264Net Assets 2019: $1,646,8082019Assets 2020: $1,799,048Liabilities 2020: $360,630Net Assets 2020: $1,438,4182020Assets 2021: $2,070,023Liabilities 2021: $383,717Net Assets 2021: $1,686,3062021Assets 2022: $3,107,412Liabilities 2022: $1,572,182Net Assets 2022: $1,535,2302022Assets 2023: $3,573,984Liabilities 2023: $1,392,793Net Assets 2023: $2,181,1912023Assets 2024: $3,158,540Liabilities 2024: $558,859Net Assets 2024: $2,599,6812024Assets 2025: $5,847,687Liabilities 2025: $332,069Net Assets 2025: $5,515,6182025

Highlighted filing

2023

Assets$3,573,984
Liabilities$1,392,793
Net Assets$2,181,191

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $348,1842013Revenue 2014: $260,299Expenses 2014: $247,206Net Income 2014: $13,0932014Revenue 2015: $881,077Expenses 2015: $316,760Net Income 2015: $564,3172015Revenue 2016: $231,426Expenses 2016: $372,993Net Income 2016: -$141,5672016Revenue 2017: $606,672Expenses 2017: $386,132Net Income 2017: $220,5402017Revenue 2018: $337,894Expenses 2018: $447,237Net Income 2018: -$109,3432018Revenue 2019: $234,469Expenses 2019: $359,737Net Income 2019: -$125,2682019Revenue 2020: $282,099Expenses 2020: $393,861Net Income 2020: -$111,7622020Revenue 2021: $365,105Expenses 2021: $418,774Net Income 2021: -$53,6692021Revenue 2022: $648,865Expenses 2022: $515,041Net Income 2022: $133,8242022Revenue 2023: $1,362,302Expenses 2023: $688,529Net Income 2023: $673,7732023Revenue 2024: $1,035,388Expenses 2024: $713,310Net Income 2024: $322,0782024Revenue 2025: $3,374,785Expenses 2025: $722,244Net Income 2025: $2,652,5412025

Highlighted filing

2023

Revenue$1,362,302
Expenses$688,529
Net Income$673,773
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 17, 2024
Return Version
2022v5.0
Gross Receipts
$2,495,620
Mission and Program Overview

Mission

To strengthen and sustain partner christian schools by generating new sources of revenue so that more families may experience the benefit from urban christian education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,420,711$1,664,444▲ $243,733
Land, Buildings, and Equipment, Net$850,055$849,940▼ $115
Cash and Non-Interest-Bearing Accounts$719,722$843,269▲ $123,547
Savings and Temporary Cash Investments$42,865$200,815▲ $157,950
Intangible Assets$13,554$10,814▼ $2,740
Prepaid Expenses and Deferred Charges$3,620$4,702▲ $1,082
Total Assets$3,107,412$3,573,984▲ $466,572
Other Assets Total$56,885--
Liabilities
Accounts Payable and Accrued Expenses$609,248$788,065▲ $178,817
Mortgage Notes Payable Secured by Investment Property$714,434$438,228▼ $276,206
Grants Payable$248,500$166,500▼ $82,000
Total Liabilities$1,572,182$1,392,793▼ $179,389
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,534,755$1,912,702▲ $377,947
Net Assets With Donor Restrictions$475$268,489▲ $268,014
Total Net Assets Fund Balance$1,535,230$2,181,191▲ $645,961
Total Liabilities and Net Assets / Fund Balance$3,107,412$3,573,984▲ $466,572

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$597,801$26,445$624,246
Land$251,948-$251,948
Equipment$191$6,745$6,936

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,342,721$260,097▲ $98,932$35,000$1,666,750
2021$1,653,556-▼ $140,835$170,000$1,342,721
2020$1,420,427$13,316▲ $434,813$215,000$1,653,556
2019$1,623,204-▼ $2,777$200,000$1,420,427
2018$1,726,542$42,218▲ $92,444$238,000$1,623,204
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steve BlomExecutive DiFT$82,703$82,703

Board Members and Trustees

NameTitle
Chris WiesehanPresident/tr
Amy GroenewoldDirector
Jabari TurnerDirector
Lou FanDirector
Ryne DeboerDirector
Ted WilliamsDirector
William DavidsDirector
Anne VanderweeleSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$685,655
Program Service Revenue
$549,438
Investment Income
$127,209
Other Revenue
$0
All Other Contributions
$685,655
Change in Net Assets
$673,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,356,666
Revenue Not Reported on Financial Statements
$5,636
Revenue Not Reported on Form 990
$-22,176
Total Revenue per Audited Statements
$1,334,490
Total Revenue per Form 990
$1,362,302
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,643
Grants and Similar Amounts Paid$194,500
Salaries, Compensation, and Employee Benefits$168,386
Total Fundraising Expense$136,271
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$194,500--$194,500
Current Officers, Directors, Trustees, and Key Employees$24,811$8,270$49,622$82,703
Other Salaries and Wages$62,094$8,232$1,372$71,698
Occupancy$31,362$8,654$5,580$45,596
Fees for Services Legal$9,780$3,260$19,561$32,601
All Other Expenses$22,378$3,847$3,961$30,186
Interest$26,825-$1,412$28,237
Fees for Services Accounting$7,443$2,481$14,886$24,810
Depreciation Depletion$9,689$4,844$9,688$24,221
Office Expenses$6,775$746$15,707$23,228
Insurance-$15,196-$15,196
Payroll Taxes$7,871$1,495$4,619$13,985
Other Expenses$5,249-$5,249$10,498
Travel$2,923$733$4,567$8,223
Information Technology$221$47$47$315
Total Functional Expenses$494,453$57,805$136,271$688,529

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$688,529
Total Expenses per Audited Statements$688,529
Total Expenses per Form 990$688,529
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Chicago West Side Christian SchoolChicago, IL-General Support$42,000
The Field SchoolOak Park, IL-General Support$35,500
Daystar SchoolChicago, IL-General Support$26,000
Pui-tak Christian SchoolChicago, IL-General Support$21,000
Cornerstone AcademyChicago, IL-General Support$15,000
Midwestern Christian AcademyChicago, IL-General Support$15,000
New Life Celebration Christian AcadDolton, IL-General Support$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
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
No
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

Form 990 was reviewed by the executive director and was made available to the entire board of directors for their review and questions before being finalized and submitted.

Form 990, Page 6, Part VI, Line 19

Documents are available upon written request. Form 990 is made available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Bright Promise
EIN
36-3634360
Phone
7083210403
Address
1550 S STATE STREET SUITE 107, CHICAGO, IL 60605

Signing Officer

Name
Steve Blom
Title
Executive Director
Phone
7083210403
Signed
2024-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Blom
Formed
1988
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
73

Preparer

Firm
Evenhouse & Co Pc
Address
1S660 MIDWEST RD STE 250, OAKBROOK TERRACE, IL 60181-4460
Preparer
Timothy J Vande Werken CPA
Phone
6308323225
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The board of directors intends to distribute 5% of investments annually for operating purposes and for gifts distributed to the network schools.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION NOW INCLUDES NEW TO YOU UPSCALE RESALE. PROCEEDS WILL BE USED TO PROVIDE A PROFESSIONAL NETWORK FOR CHRISTIANS INVOLVED IN PRIVATE, PUBLIC, AND CHRISTIAN EDUCATION IN URBAN NORTH AMERICA.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION IS A SCHOLARSHIP GRANTING ORGANIZATION UNDER THE ILLINOIS INVEST IN KIDS SCHOLARSHIP TAX CREDIT PROGRAM. THE ORGANIZATION RECEIVES CONTRIBUTIONS AND ISSUES SCHOLARSHIPS TO MEMBER SCHOOLS ON BEHALF OF ELIGIBLE STUDENTS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 15,625
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS INTENDS TO DISTRIBUTE 5% OF INVESTMENTS ANNUALLY FOR OPERATING PURPOSES AND FOR GIFTS DISTRIBUTED TO THE NETWORK SCHOOLS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL SUPPORT

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.85$0.33$5.52$3.37$0.72$2.65
2024Detailed filing. Detailed filing data is available for this year.$3.16$0.56$2.60$1.04$0.71$0.32
2023Detailed filing. Detailed filing data is available for this year.$3.57$1.39$2.18$1.36$0.69$0.67
2022Detailed filing. Detailed filing data is available for this year.$3.11$1.57$1.54$0.65$0.52$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.38$1.69$0.37$0.42$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.80$0.36$1.44$0.28$0.39$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.95$0.31$1.65$0.23$0.36$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.00$0.26$1.74$0.34$0.45$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.04$0.21$1.82$0.61$0.39$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.08$1.46$0.23$0.37$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.65$0.88$0.32$0.56
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.16$1.13$0.26$0.25$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.09$1.10$0.35
Peer Organizations

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