Civic Intelligence

City First Foundation

990 • Fiscal year 2023 • EIN 36-3812182

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 22, 2024

3824 W Irving Park RoadChicago, IL 60618

(773) 588-8295

Siviq Scores

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

Liabilities / Assets

91st percentile

0.56x

Higher debt load relative to assets than 91% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

3.46x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

7th percentile

-87%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$57,170

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 96.4% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

29th percentile

-13%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

74th percentile

35%

Faster revenue growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$365,853

Down $54,247 (-13%) from 2022

Net Assets

Down

$160,849

Down $51,375 (-24%) from 2022

Liabilities

Down

$205,004

Down $2,872 (-1.4%) from 2022

Revenue

Up

$59,323

Up $15,240 (+35%) from 2022

Expenses

Up

$110,729

Up $1,016 (+0.9%) from 2022

Net Income

Up

-$51,406

Up $14,224 (+22%) from 2022

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

2023

Assets$365,853
Liabilities$205,004
Net Assets$160,849

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

2023

Revenue$59,323
Expenses$110,729
Net Income-$51,406
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 22, 2024
Return Version
2023v5.0
Gross Receipts
$59,323
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$364,822$348,295▼ $16,527
Rtn Earn Endowment Incm Other Fnds$212,224$160,849▼ $51,375
Cash and Non-Interest-Bearing Accounts$49,095$12,558▼ $36,537
Other Notes and Loans Receivable, Net$5,000$5,000→ $0
Investments in Publicly Traded Securities$1,183--
Total Assets$420,100$365,853▼ $54,247
Liabilities
Unsecured Notes Loans Payable$124,900$124,900→ $0
Other Liabilities$79,457$79,457→ $0
Accounts Payable and Accrued Expenses$3,519$647▼ $2,872
Total Liabilities$207,876$205,004▼ $2,872
Net Assets / Fund Balance
Total Net Assets Fund Balance$212,224$160,849▼ $51,375
Total Liabilities and Net Assets / Fund Balance$420,100$365,853▼ $54,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$348,295$304,122$652,417
Equipment-$66,760$66,760
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rev Mark D JohnsonEx. DirectorFT$57,170$57,170

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$58,370
Program Service Revenue
$0
Investment Income
$711
Other Revenue
$242
All Other Contributions
$58,370
Change in Net Assets
$-51,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$67,924
Other Expenses$42,805
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$57,170--$57,170
Depreciation Depletion$16,527--$16,527
Other Employee Benefits$10,754--$10,754
Occupancy$8,099--$8,099
Interest-$3,843-$3,843
All Other Expenses$1,069$1,291-$2,360
Fees for Services Accounting-$1,800-$1,800
Office Expenses-$1,067-$1,067
Other Expenses$1,452$1,009-$1,009
Insurance$527--$527
Advertising$180--$180
Travel$81--$81
Fees for Services Legal-$6-$6
Total Functional Expenses$97,841$12,888$0$110,729
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$79,457
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 restrictions 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
7735888295
Address
3824 W IRVING PARK ROAD, CHICAGO, IL 60618
Doing Business As
Dba City First

Signing Officer

Name
Rev Mark D Johnson
Title
Ex. Director
Phone
7735888295
Signed
2024-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Mark D Johnson
Formed
1991
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
0

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.

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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 RESTRICTIONS 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/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
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0REV MARK D JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EX. DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07735888295
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-22
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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/PreparationDt02024-08-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH W PETERSON CPA
ReturnHeader/ReturnTs02024-08-27T11:06:30-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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