Civic Intelligence

City First Foundation

990 • Fiscal year 2015 • EIN 36-3812182

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

4011 N AversChicago, IL 60618

(773) 435-0148

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.25x

Higher debt load relative to assets than 73% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

3.40x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

4th percentile

-84%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

60th percentile

$39,153

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 65.1% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$807,915

No earlier filing loaded for comparison.

Net Assets

$603,771

No earlier filing loaded for comparison.

Liabilities

$204,144

No earlier filing loaded for comparison.

Revenue

$60,097

No earlier filing loaded for comparison.

Expenses

$110,303

No earlier filing loaded for comparison.

Net Income

-$50,206

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $807,915Liabilities 2015: $204,144Net Assets 2015: $603,7712015Assets 2016: $770,434Liabilities 2016: $202,358Net Assets 2016: $568,0762016Assets 2017: $649,285Liabilities 2017: $229,332Net Assets 2017: $419,9532017Assets 2019: $442,484Liabilities 2019: $79,457Net Assets 2019: $363,0272019Assets 2020: $428,945Liabilities 2020: $105,857Net Assets 2020: $323,0882020Assets 2021: $383,882Liabilities 2021: $105,857Net Assets 2021: $278,0252021Assets 2022: $420,100Liabilities 2022: $207,876Net Assets 2022: $212,2242022Assets 2023: $365,853Liabilities 2023: $205,004Net Assets 2023: $160,8492023Assets 2024: $828,521Liabilities 2024: $722,500Net Assets 2024: $106,0212024

Highlighted filing

2015

Assets$807,915
Liabilities$204,144
Net Assets$603,771

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $60,097Expenses 2015: $110,303Net Income 2015: -$50,2062015Revenue 2016: $53,635Expenses 2016: $89,294Net Income 2016: -$35,6592016Revenue 2017: $240,300Expenses 2017: $388,413Net Income 2017: -$148,1132017Revenue 2019: $52,996Expenses 2019: $66,605Net Income 2019: -$13,6092019Revenue 2020: $58,139Expenses 2020: $98,101Net Income 2020: -$39,9622020Revenue 2021: $51,110Expenses 2021: $96,148Net Income 2021: -$45,0382021Revenue 2022: $44,083Expenses 2022: $109,713Net Income 2022: -$65,6302022Revenue 2023: $59,323Expenses 2023: $110,729Net Income 2023: -$51,4062023Revenue 2024: $64,278Expenses 2024: $119,106Net Income 2024: -$54,8282024

Highlighted filing

2015

Revenue$60,097
Expenses$110,303
Net Income-$50,206
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 29, 2016
Return Version
2015v2.1
Gross Receipts
$60,097
Mission and Program Overview

Mission

City first's mission is to resource urban neighborhoods, ministries, and families educationally, economically, socially and spiritually. 1. We maintain an urban hub for missional communities we share the tapestry center & annex facility with churches and missional communities we provide a facility for groups that perform missional outreach and retreats in chicago we sponsor art, concerts & community events 2. We cultivate church planting & the strengthening of neighborhoods we facilitate the creation of new churches and ministries - tapestry fellowship we participate in neighborhood organizations and city-wide partnerships we provide care and counseling through individual and small group outreaches 3. We help promote leadership development we host gatherings for religious and business growth organizations we initiate programs that stimulate leadership development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$814,357$788,139▼ $26,218
Rtn Earn Endowment Incm Other Fnds$656,445$603,771▼ $52,674
Investments in Publicly Traded Securities$87,494$10,028▼ $77,466
Cash and Non-Interest-Bearing Accounts$539$9,748▲ $9,209
Total Assets$902,390$807,915▼ $94,475
Liabilities
Mortgage Notes Payable Secured by Investment Property$136,009$108,241▼ $27,768
Other Liabilities$109,716$95,903▼ $13,813
Accounts Payable and Accrued Expenses$220--
Total Liabilities$245,945$204,144▼ $41,801
Net Assets / Fund Balance
Total Net Assets Fund Balance$656,445$603,771▼ $52,674
Total Liabilities and Net Assets / Fund Balance$902,390$807,915▼ $94,475

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$787,565$267,368$1,054,933
Equipment$455$59,240$59,695
Other Land Buildings$118$6,946$7,064
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rev Mark D JohnsonEx. DirectorPT$39,153$39,153

Board Members and Trustees

NameTitle
Alfonso PineaBoard Member
Eunice HulthBoard Member
Joel ShafferBoard Member
Phil HilliardDirector Tre
Revenue and Support

Revenue Composition

Contributions and Grants
$60,041
Program Service Revenue
$0
Investment Income
$56
Other Revenue
$0
All Other Contributions
$60,041
Change in Net Assets
$-50,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$66,634
Salaries, Compensation, and Employee Benefits$43,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Employee Benefits$43,669--$43,669
Depreciation Depletion$29,414--$29,414
Occupancy$14,421--$14,421
Interest$7,509--$7,509
Insurance$6,434--$6,434
Fees for Services Legal-$1,247-$1,247
Office Expenses-$1,240-$1,240
All Other Expenses$944--$944
Travel$872--$872
Other Expenses$800--$800
Fees for Services Accounting-$128-$128
Total Functional Expenses$107,688$2,615$0$110,303
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Salary Payable$70,903
Temp Loans$25,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 11B

The return preparer suggests in the cover letter to the client that the final version of the form 990 be reviewed by the board members before it is filed. The organization's one board member whom is also the bookkeeper undertakes the main review of the 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Compliance policies are discussed at board of director's meetings. Board member's and others involved with the organization are covered under the policy, the board level determines whether any conflict exists and reviewed. No restirctions are imposed on persons with a conflict in deliberations on any transaction.

Form 990, Page 6, Part VI, Line 15A

The board votes on the compensation of the pastor annually.

Form 990, Page 6, Part VI, Line 19

Part vi. Sec c disclosure- the organization makes its governing documents, conflicts of interest, and financial statements available to the public via a request over their website e mail address, or upon asking in person, phone, or request by fax.

Filing and Contact Details

Filer

Filer Name
City First Foundation
EIN
36-3812182
Phone
7734350148
Address
4011 N AVERS, CHICAGO, IL 60618
Doing Business As
Dba City First

Signing Officer

Name
Rev Mark D Johnson
Title
Ex. Director
Phone
7739352357
Signed
2016-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Mark D Johnson
Formed
1991
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
6

Preparer

Firm
KOLNICKI PETERSON & WIRTH CPA'S
Address
1400 OPUS PLACE SUITE 100, DOWNERS GROVE, IL 60515
Preparer
Kenneth W Peterson CPA
Phone
6303901140
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

City first's mission is to resource urban neighborhoods, ministries, and families educationally, economically, socially and spiritually. 1. We maintain an urban hub for missional communities we share the tapestry center & annex facility with churches and missional communities we provide a facility for groups that perform missional outreach and retreats in chicago we sponsor art, concerts & community events 2. We cultivate church planting & the strengthening of neighborhoods we facilitate the creation of new churches and ministries - tapestry fellowship we participate in neighborhood organizations and city-wide partnerships we provide care and counseling through individual and small group outreaches 3. We help promote leadership development we host gatherings for religious and business growth organizations we initiate programs that stimulate leadership development

Form 990, Page 1, Part I, Line 6

Of the 6 volunteers, one volunteer of the organization assists with the record keeping operations.

Form 990, Part XI

An investment is a frozen asset controlled

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CITY FIRST'S MISSION IS TO RESOURCE URBAN NEIGHBORHOODS, MINISTRIES, AND FAMILIES EDUCATIONALLY, ECONOMICALLY, SOCIALLY AND SPIRITUALLY. 1. WE MAINTAIN AN URBAN HUB FOR MISSIONAL COMMUNITIES WE SHARE THE TAPESTRY CENTER & ANNEX FACILITY WITH CHURCHES AND MISSIONAL COMMUNITIES WE PROVIDE A FACILITY FOR GROUPS THAT PERFORM MISSIONAL OUTREACH AND RETREATS IN CHICAGO WE SPONSOR ART, CONCERTS & COMMUNITY EVENTS 2. WE CULTIVATE CHURCH PLANTING & THE STRENGTHENING OF NEIGHBORHOODS WE FACILITATE THE CREATION OF NEW CHURCHES AND MINISTRIES - TAPESTRY FELLOWSHIP WE PARTICIPATE IN NEIGHBORHOOD ORGANIZATIONS AND CITY-WIDE PARTNERSHIPS WE PROVIDE CARE AND COUNSELING THROUGH INDIVIDUAL AND SMALL GROUP OUTREACHES 3. WE HELP PROMOTE LEADERSHIP DEVELOPMENT WE HOST GATHERINGS FOR RELIGIOUS AND BUSINESS GROWTH ORGANIZATIONS WE INITIATE PROGRAMS THAT STIMULATE LEADERSHIP DEVELOPMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OF THE 6 VOLUNTEERS, ONE VOLUNTEER OF THE ORGANIZATION ASSISTS WITH THE RECORD KEEPING OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN PREPARER SUGGESTS IN THE COVER LETTER TO THE CLIENT THAT THE FINAL VERSION OF THE FORM 990 BE REVIEWED BY THE BOARD MEMBERS BEFORE IT IS FILED. THE ORGANIZATION'S ONE BOARD MEMBER WHOM IS ALSO THE BOOKKEEPER UNDERTAKES THE MAIN REVIEW OF THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPLIANCE POLICIES ARE DISCUSSED AT BOARD OF DIRECTOR'S MEETINGS. BOARD MEMBER'S AND OTHERS INVOLVED WITH THE ORGANIZATION ARE COVERED UNDER THE POLICY, THE BOARD LEVEL DETERMINES WHETHER ANY CONFLICT EXISTS AND REVIEWED. NO RESTIRCTIONS ARE IMPOSED ON PERSONS WITH A CONFLICT IN DELIBERATIONS ON ANY TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD VOTES ON THE COMPENSATION OF THE PASTOR ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PART VI. SEC C DISCLOSURE- THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA A REQUEST OVER THEIR WEBSITE E MAIL ADDRESS, OR UPON ASKING IN PERSON, PHONE, OR REQUEST BY FAX.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AN INVESTMENT IS A FROZEN ASSET CONTROLLED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0REV MARK D JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EX. DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07739352357
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CITY FIRST FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CITY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364119639
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOLNICKI PETERSON & WIRTH CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01400 OPUS PLACE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOWNERS GROVE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060515
ReturnHeader/PreparerPersonGrp/PhoneNum06303901140
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH W PETERSON CPA
ReturnHeader/ReturnTs02016-09-30T09:16:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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