Civic Intelligence

Magic Foundation

990 • Fiscal year 2019 • EIN 36-3673333

Jan 01, 2019 to Dec 31, 2019 • Filed on May 11, 2020

Organization Profilewww.magicfoundation.org
4200 Cantera DriveWarrenville, IL 60555

(630) 836-8200

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

52nd percentile

0.10x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

77th percentile

$123,289

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

25th percentile

-3.3%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets39th percentile

Assets

Down

$2,393,545

Down $80,785 (-3.3%) from 2018

Net Assets

Down

$2,306,221

Down $92,099 (-3.8%) from 2018

Liabilities

Up

$87,324

Up $11,314 (+15%) from 2018

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin19th percentile

Revenue

Down

$904,110

Down $292,616 (-24%) from 2018

Expenses

Up

$1,007,797

Up $29,689 (+3.0%) from 2018

Net Income

Down

-$103,687

Down $322,305 (-147%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$3.0M$2.0M$1.0M$0Assets 2016: $2,167,805Liabilities 2016: $50,251Net Assets 2016: $2,117,5542016Assets 2017: $2,235,044Liabilities 2017: $48,706Net Assets 2017: $2,186,3382017Assets 2018: $2,474,330Liabilities 2018: $76,010Net Assets 2018: $2,398,3202018Assets 2019: $2,393,545Liabilities 2019: $87,324Net Assets 2019: $2,306,2212019Assets 2020: $2,355,155Liabilities 2020: $138,360Net Assets 2020: $2,216,7952020Assets 2021: $2,737,360Liabilities 2021: $26,173Net Assets 2021: $2,711,1872021Assets 2022: $2,697,351Liabilities 2022: $32,856Net Assets 2022: $2,664,4952022Assets 2023: $2,758,895Liabilities 2023: $27,791Net Assets 2023: $2,731,1042023Assets 2024: $2,754,837Liabilities 2024: $29,318Net Assets 2024: $2,725,5192024

Highlighted filing

2019

Assets$2,393,545
Liabilities$87,324
Net Assets$2,306,221
Open 2019 Filing

Operations Trend

Revenue Growth12th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $895,657Expenses 2016: $1,015,821Net Income 2016: -$120,1642016Revenue 2017: $1,055,760Expenses 2017: $979,904Net Income 2017: $75,8562017Revenue 2018: $1,196,726Expenses 2018: $978,108Net Income 2018: $218,6182018Revenue 2019: $904,110Expenses 2019: $1,007,797Net Income 2019: -$103,6872019Revenue 2020: $918,619Expenses 2020: $1,030,578Net Income 2020: -$111,9592020Revenue 2021: $1,415,154Expenses 2021: $935,413Net Income 2021: $479,7412021Revenue 2022: $976,579Expenses 2022: $976,446Net Income 2022: $1332022Revenue 2023: $1,244,747Expenses 2023: $1,219,257Net Income 2023: $25,4902023Revenue 2024: $1,271,278Expenses 2024: $1,301,514Net Income 2024: -$30,2362024

Highlighted filing

2019

Revenue$904,110
Expenses$1,007,797
Net Income-$103,687
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 11, 2020
Return Version
2019v5.1
Gross Receipts
$974,595
Mission and Program Overview

Mission

The Magic Foundation provides support services to families of children afflicted with a wide variety of disorders, syndromes and diseases that affect a childs growth. The Organization's commitment and vision is to reduce emotional and physical trauma caused by growth disorders, resulting in happier, healthier children and consequently, adults.

To help children and their families whose physical growth is affected by medical problems

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,482,700$1,726,517▲ $243,817
Cash and Non-Interest-Bearing Accounts$750,734$507,137▼ $243,597
Receivables From Officers Etc$98,353$87,283▼ $11,070
Savings and Temporary Cash Investments$142,543$72,608▼ $69,935
Total Assets$2,474,330$2,393,545▼ $80,785
Liabilities
Accounts Payable and Accrued Expenses$42,733$52,943▲ $10,210
Mortgage Notes Payable Secured by Investment Property$33,277$34,381▲ $1,104
Total Liabilities$76,010$87,324▲ $11,314
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,398,320$2,306,221▼ $92,099
Total Net Assets Fund Balance$2,398,320$2,306,221▼ $92,099
Total Liabilities and Net Assets / Fund Balance$2,474,330$2,393,545▼ $80,785

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,266,560$356,223$1,622,783
Land$335,875-$335,875
Equipment$124,082$176,762$300,844
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary AndrewsCEO and Co-FounderFT$113,622$9,667$123,289
Diane KremidasExecutive DirectorFT$94,685-$94,685
Jamie HarveyCo-Founder/Director Tech EdFT$66,950-$66,950
Teresa TuckerCo-FounderFT$50,000-$50,000

Board Members and Trustees

NameTitle
Rich BuckleyChairman
Ken DickardVice-Chairman
Brian PapoDirector
Courtney Lance-MorakalisDirector
James AndrewsDirector
Russ HazaelDirector
Martin NyeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$924,364
Program Service Revenue
$0
Investment Income
$8,813
Other Revenue
$-29,067
All Other Contributions
$902,473
Change in Net Assets
$-103,687

Audited Revenue Reconciliation

Revenue per Audited Statements
$904,110
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$43,855
Total Revenue per Audited Statements
$947,965
Total Revenue per Form 990
$904,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$519,132
Salaries, Compensation, and Employee Benefits$488,665
Total Fundraising Expense$49,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$269,001$33,858$32,065$334,924
Conferences and Meetings$154,800--$154,800
Other Salaries and Wages$96,753$13,082$2,096$111,931
Occupancy$8,502$64,854$785$74,141
Fees for Services Other$69,359--$69,359
Office Expenses$35,217$10,536$3,250$49,003
Depreciation Depletion-$38,341-$38,341
Payroll Taxes$27,494$3,734$2,715$33,943
Travel$21,873$2,805$2,018$26,696
Fees for Services Accounting-$16,863-$16,863
Advertising$5,172-$5,172$10,344
Other Employee Benefits$7,115$685$67$7,867
Insurance$4,177$536$385$5,098
Other Expenses$3,338$23,488$756$3,338
Interest-$1,595-$1,595
Total Functional Expenses$748,111$210,377$49,309$1,007,797

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,040,064
Expenses per Audited Statements$1,007,797
Total Expenses per Form 990$1,007,797
Expenses Not Reported on Form 990$32,267
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$800
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$98,353$87,283▼ $11,070
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Other officer compensation reviewed
Yes
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 A, line 2

“Mary Andrews, CEO, Dianne Kremidas, Executive Director and James Andrews, board member, share a family relationship.”

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

“The Form 990 is made available to the Board of Directors prior to filing.”

Form 990, Part VI, Section B, line 15

“Compensation of all employees is discussed and approved by the Board of Directors.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are available upon request. Financial statements also available on the Illinois Attorney General's website.”

Filing and Contact Details

Filer

Filer Name
Magic Foundation
EIN
36-3673333
Phone
6308368200
Address
4200 Cantera Drive, Warrenville, IL 60555

Signing Officer

Name
Mary Andrews
Title
President
Phone
6308368200
Signed
2020-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Andrews
Formed
1989
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
7
Employees
7
Volunteers
28

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
Paul Betlinski
Phone
7737794720
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Fin 48 Note from Audited Financial Statements The Foundation was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Foundation and the nature in which it operates is described above. Management believes the Foundation continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Foundation's Form 990, Return of Organization Exempt from Income Tax, is subject to examination by the IRS, generally for three years after it has been filed. The Foundation has adopted the requirements for accounting for uncertain tax positions and management has determined that the Foundation was not required to record a liability related to uncertain tax positions as of December 31, 2019.”

Part XI, Line 2D - Other Adjustments:

“Rental property expense 32,267.”

Part XII, Line 2D - Other Adjustments:

“Rental property expense 32,267.”

Raw XML AppendixShowing 400 of 477 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/Desc0The Organization provides specific assistance to families of children with growth disorders. Magic Foundation provides information and education materials on growth disorders through a newsletter and website. An annual convention is held to provide further assistance and education. Magic Foundation also participates in International Coalition of Organizations Supporting Endocrine Patients, which is a federation of patient advocate associations representing more than 35 countries, medical societies and child advocate supporters.
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IRS990/MissionDesc0The Magic Foundation provides support services to families of children afflicted with a wide variety of disorders, syndromes and diseases that affect a childs growth. The Organization's commitment and vision is to reduce emotional and physical trauma caused by growth disorders, resulting in happier, healthier children and consequently, adults.
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IRS990/OccupancyGrp/ManagementAndGeneralAmt064854
IRS990/OccupancyGrp/ProgramServicesAmt08502
IRS990/OccupancyGrp/TotalAmt074141
IRS990/OfficeExpensesGrp/FundraisingAmt03250
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010536
IRS990/OfficeExpensesGrp/ProgramServicesAmt035217
IRS990/OfficeExpensesGrp/TotalAmt049003
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt067
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0685
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07115
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07867
IRS990/OtherExpensesGrp/Desc0International ICOSEP
IRS990/OtherExpensesGrp/Desc1Repairs & maintenance
IRS990/OtherExpensesGrp/Desc2Division
IRS990/OtherExpensesGrp/FundraisingAmt0756
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023488
IRS990/OtherExpensesGrp/ProgramServicesAmt037120
IRS990/OtherExpensesGrp/ProgramServicesAmt18190
IRS990/OtherExpensesGrp/ProgramServicesAmt23338
IRS990/OtherExpensesGrp/TotalAmt037120
IRS990/OtherExpensesGrp/TotalAmt132434
IRS990/OtherExpensesGrp/TotalAmt23338
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02096
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013082
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt096753
IRS990/OtherSalariesAndWagesGrp/TotalAmt0111931
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02715
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03734
IRS990/PayrollTaxesGrp/ProgramServicesAmt027494
IRS990/PayrollTaxesGrp/TotalAmt033943
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Mary Andrews
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01069701
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0125326
IRS990/PYOtherExpensesAmt0502467
IRS990/PYOtherRevenueAmt01699
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0218618
IRS990/PYSalariesCompEmpBnftPaidAmt0475641
IRS990/PYTotalExpensesAmt0978108
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01196726
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt098353
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt087283
IRS990/ReconcilationRevenueExpnssAmt0-103687
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-29867
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0142543
IRS990/SavingsAndTempCashInvstGrp/EOYAmt072608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0924364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01069701
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01031282
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0885569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0649680
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04560596
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09180
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033801
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt036727
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023958
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt025914
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0129580
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt038374
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt028086
IRS990ScheduleA/OtherIncome170Grp/TotalAmt028086
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51390
IRS990ScheduleA/PublicSupportPY170Pct00.43720
IRS990ScheduleA/PublicSupportTotal170Amt02424712
IRS990ScheduleA/SubstantialContributorsTotAmt02135884
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0924364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01069701
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01031282
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0885569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0649680
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04560596
IRS990ScheduleA/TotalSupportAmt04718262
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/BookValueAmt01266560
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0356223
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01622783
IRS990ScheduleD/EquipmentGrp/BookValueAmt0124082
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0176762
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0300844
IRS990ScheduleD/ExpensesNotReportedAmt032267
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01007797
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0335875
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0335875
IRS990ScheduleD/NetUnrealizedGainsInvstAmt011588
IRS990ScheduleD/OtherExpensesIncludedAmt032267
IRS990ScheduleD/OtherRevenueAmt032267
IRS990ScheduleD/RevenueNotReportedAmt043855
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0904110
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fin 48 Note from Audited Financial Statements The Foundation was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Foundation and the nature in which it operates is described above. Management believes the Foundation continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Foundation's Form 990, Return of Organization Exempt from Income Tax, is subject to examination by the IRS, generally for three years after it has been filed. The Foundation has adopted the requirements for accounting for uncertain tax positions and management has determined that the Foundation was not required to record a liability related to uncertain tax positions as of December 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental property expense 32,267.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental property expense 32,267.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01726517
IRS990ScheduleD/TotalExpensesPerForm990Amt01007797
IRS990ScheduleD/TotalRevenuePerForm990Amt0904110
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0947965
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01040064
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt087283
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Business loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0James Andrews
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0board member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt087283
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Mary Andrews, CEO, Dianne Kremidas, Executive Director and James Andrews, board member, share a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is made available to the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation of all employees is discussed and approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, conflict of interest policy and financial statements are available upon request. Financial statements also available on the Illinois Attorney General's website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02474330
IRS990/TotalAssetsEOYAmt02393545
IRS990/TotalAssetsGrp/BOYAmt02474330

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,393,545
Liabilities
$87,324
Net assets
$2,306,221
Revenue
$904,110
Expenses
$1,007,797
Net income
-$103,687
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.75$0.03$2.73$1.27$1.30$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.76$0.03$2.73$1.24$1.22$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.70$0.03$2.66$0.98$0.98$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.74$0.03$2.71$1.42$0.94$0.48
2020Detailed filing. Detailed filing data is available for this year.$2.36$0.14$2.22$0.92$1.03$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.39$0.09$2.31$0.90$1.01$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.08$2.40$1.20$0.98$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.24$0.05$2.19$1.06$0.98$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.17$0.05$2.12$0.90$1.02$0.12