Civic Intelligence

Liponi Foundation for Special Recreation

990 • Fiscal year 2015 • EIN 36-3794072

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 29, 2016

6820 W Dempster StreetMorton Grove, IL 60053

(847) 966-5522

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$619,052

Down $87,016 (-12%) from 2014

Net Assets

Down

$618,728

Down $23,783 (-3.7%) from 2014

Liabilities

Down

$324

Down $63,233 (-99%) from 2014

Revenue

Down

$60,899

Down $13,549 (-18%) from 2014

Expenses

Down

$51,417

Down $63,916 (-55%) from 2014

Net Income

Up

$9,482

Up $50,367 (+123%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2012: $656,830Liabilities 2012: $213Net Assets 2012: $656,6172012Assets 2013: $706,007Liabilities 2013: $419Net Assets 2013: $705,5882013Assets 2014: $706,068Liabilities 2014: $63,557Net Assets 2014: $642,5112014Assets 2015: $619,052Liabilities 2015: $324Net Assets 2015: $618,7282015Assets 2016: $622,060Liabilities 2016: $0Net Assets 2016: $622,0602016Assets 2017: $680,734Liabilities 2017: -$26Net Assets 2017: $680,7602017Assets 2018: $580,518Liabilities 2018: $460Net Assets 2018: $580,0582018Assets 2019: $662,467Liabilities 2019: $59Net Assets 2019: $662,4082019Assets 2020: $689,702Liabilities 2020: $0Net Assets 2020: $689,7022020Assets 2021: $770,347Liabilities 2021: $0Net Assets 2021: $770,3472021Assets 2022: $678,158Liabilities 2022: $0Net Assets 2022: $678,1582022Assets 2024: $759,088Liabilities 2024: $1,200Net Assets 2024: $757,8882024

Highlighted filing

2015

Assets$619,052
Liabilities$324
Net Assets$618,728

Operations Trend

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

$200K$100K$0-$100KExpenses 2012: $111,7912012Revenue 2013: $60,364Expenses 2013: $53,422Net Income 2013: $6,9422013Revenue 2014: $74,448Expenses 2014: $115,333Net Income 2014: -$40,8852014Revenue 2015: $60,899Expenses 2015: $51,417Net Income 2015: $9,4822015Revenue 2016: $42,730Expenses 2016: $73,656Net Income 2016: -$30,9262016Revenue 2017: $92,030Expenses 2017: $59,661Net Income 2017: $32,3692017Revenue 2018: $86,879Expenses 2018: $130,051Net Income 2018: -$43,1722018Revenue 2019: $68,635Expenses 2019: $60,044Net Income 2019: $8,5912019Revenue 2020: $99,209Expenses 2020: $100,294Net Income 2020: -$1,0852020Revenue 2021: $87,013Expenses 2021: $34,330Net Income 2021: $52,6832021Revenue 2022: $90,448Expenses 2022: $38,295Net Income 2022: $52,1532022Revenue 2024: $98,168Expenses 2024: $154,581Net Income 2024: -$56,4132024

Highlighted filing

2015

Revenue$60,899
Expenses$51,417
Net Income$9,482
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 29, 2016
Return Version
2015v2.1
Gross Receipts
$188,800
Mission and Program Overview

Mission

To provide recreational programs for adults & children with disabilities by removing architectural, transportation, or communication barriers in locations housing park district programs of m-nasr.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$500,468$485,216▼ $15,252
Savings and Temporary Cash Investments$50,670$76,815▲ $26,145
Investments Other Securities$154,930$49,950▼ $104,980
Prepaid Expenses and Deferred Charges-$6,992-
Total Assets$706,068$619,052▼ $87,016
Other Assets Total-$79-
Liabilities
Grants Payable$63,233--
Accounts Payable and Accrued Expenses$324$324→ $0
Total Liabilities$63,557$324▼ $63,233
Net Assets / Fund Balance
Unrestricted Net Assets$642,511$618,728▼ $23,783
Total Net Assets Fund Balance$642,511$618,728▼ $23,783
Total Liabilities and Net Assets / Fund Balance$706,068$619,052▼ $87,016

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$49,950--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron LundinPresident
Ron SteinV. President
Amy PrzybyloTrustee
Christopher WorthleyTrustee
Dean StrzeleckiTrustee
Dolores StantonTrustee
Fred MinelliTrustee
Larry SorensenTrustee
Suzanne BettsTrustee
Suzanne BearSecretary
Stella LipomiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55
Program Service Revenue
$0
Investment Income
$23,559
Other Revenue
$37,285
All Other Contributions
$55
Change in Net Assets
$9,482
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$41,704
Other Expenses$9,713
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$41,704--$41,704
Fees for Service Investment Mgmnt Fees-$4,538-$4,538
Occupancy-$2,333-$2,333
Fees for Services Accounting-$1,950-$1,950
Office Expenses-$865-$865
Other Expenses-$2-$2
Total Functional Expenses$41,704$9,713$0$51,417
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Maine-niles AssociationMorton Grove, IL501c3Scholarships & Equip$41,704
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,186
Fundraising Direct Expenses$22,901
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Dance$53,305$53,305$22,401$30,904
Golf Outing$6,881$6,881$500$6,381
Total Events$60,186$60,186$22,901$37,285
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Stella lipomi christopher worthley treasurer trustee family relationship

Form 990, Page 6, Part VI, Line 11B

Board receives 990 prior to filing. Any questions are discussed and resolved before filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Liponi Foundation
EIN
36-3794072
Phone
8479665522
Address
6820 W DEMPSTER STREET, MORTON GROVE, IL 60053

Signing Officer

Name
Stella Lipomi
Title
Treasurer
Phone
8479665522
Signed
2016-02-29

Organization Details

Principal Officer
Stella Lipomi
Formed
1991
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
12

Preparer

Firm
Callero & Callerollp
Address
7800 N MILWAUKEE AVE, NILES, IL 60714-3124
Preparer
Michael J Ryan
Phone
8479662040
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Cost of direct benefit to donors 0 cost of direct benefit to donors 0 unrealized (gain) loss on investments -33,265 total -33,265

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021674
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018697
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018956
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0101833
IRS990ScheduleA/InvestmentIncomeCYPct00.27000
IRS990ScheduleA/InvestmentIncomePYPct00.26000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.61920
IRS990ScheduleA/PublicSupportPY509Pct00.58940
IRS990ScheduleA/PublicSupportTotal509Amt0237300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt06875
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt07705
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt011814
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt09045
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt08635
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt044074
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt060241
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt059979
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt054009
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt054954
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt052191
IRS990ScheduleA/Total509Grp/TotalAmt0281374
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt083776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt081653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt072980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt073651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt071147
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0383207
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt049950
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueSecuritiesAmt049950
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022901
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINNER DANCE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt053305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06881
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt060186
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt053305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06881
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt060186
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037285
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022901
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022401
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0500
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt041704
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS & EQUIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MAINE-NILES ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0OF SPECIAL RECREATION
IRS990ScheduleI/RecipientTable/RecipientEIN0363106698
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06820 W DEMPTER ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MORTON GROVE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060053
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STELLA LIPOMI CHRISTOPHER WORTHLEY TREASURER TRUSTEE FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD RECEIVES 990 PRIOR TO FILING. ANY QUESTIONS ARE DISCUSSED AND RESOLVED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COST OF DIRECT BENEFIT TO DONORS 0 COST OF DIRECT BENEFIT TO DONORS 0 UNREALIZED (GAIN) LOSS ON INVESTMENTS -33,265 TOTAL -33,265
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0706068
IRS990/TotalAssetsEOYAmt0619052
IRS990/TotalAssetsGrp/BOYAmt0706068
IRS990/TotalAssetsGrp/EOYAmt0619052
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt055
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09713
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041704
IRS990/TotalFunctionalExpensesGrp/TotalAmt051417
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt063557
IRS990/TotalLiabilitiesEOYAmt0324
IRS990/TotalLiabilitiesGrp/BOYAmt063557
IRS990/TotalLiabilitiesGrp/EOYAmt0324
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0642511
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0618728
IRS990/TotalProgramServiceExpensesAmt041704
IRS990/TotalRevenueGrp/ExclusionAmt060844
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt060899
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0706068
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0619052
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0642511
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0618728
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06820 W DEMPSTER
IRS990/USAddress/CityNm0MORTON GROVE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060053
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STELLA LIPOMI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08479665522
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIPONI FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOR SPECIAL RECREATION
ReturnHeader/Filer/BusinessNameControlTxt0LIPO
ReturnHeader/Filer/EIN0363794072
ReturnHeader/Filer/PhoneNum08479665522
ReturnHeader/Filer/USAddress/AddressLine1Txt06820 W DEMPSTER STREET
ReturnHeader/Filer/USAddress/CityNm0MORTON GROVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060053
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362518261

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.59$0.01$7.58$0.98$1.55$0.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.78$0.00$6.78$0.90$0.38$0.52
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$0.00$7.70$0.87$0.34$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.90$0.00$6.90$0.99$1.00$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.62$0.00$6.62$0.69$0.60$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$0.00$5.80$0.87$1.30$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.81$0.00$6.81$0.92$0.60$0.32
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.22$0.00$6.22$0.43$0.74$0.31
2015Detailed filing. Detailed filing data is available for this year.$6.19$0.00$6.19$0.61$0.51$0.09
2014Detailed filing. Detailed filing data is available for this year.$7.06$0.64$6.43$0.74$1.15$0.41
2013Detailed filing. Detailed filing data is available for this year.$7.06$0.00$7.06$0.60$0.53$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.57$0.00$6.57$1.12