Civic Intelligence

River of Light Ltd.

990EZ • Fiscal year 2022 • EIN 36-3833922

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 25, 2023

16501 S Parker RoadHomer Glen, IL 60491-6105

(630) 915-3306

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

54th percentile

7.0%

Higher net margin than 54% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$42,944

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 46.5% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

53rd percentile

3.0%

Faster asset growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

67th percentile

35%

Faster revenue growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$100,347

Up $2,959 (+3.0%) from 2021

Net Assets

Up

$100,347

Up $27,103 (+37%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$92,270

Up $24,103 (+35%) from 2021

Expenses

Down

$85,811

Down $1,562 (-1.8%) from 2021

Net Income

Up

$6,459

Up $25,665 (+134%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $97,388Liabilities 2021: $24,144Net Assets 2021: $73,2442021Assets 2022: $100,347Net Assets 2022: $100,3472022Assets 2023: $121,195Net Assets 2023: $121,1952023Assets 2024: $128,617Net Assets 2024: $128,6172024

Highlighted filing

2022

Assets$100,347
Liabilities-
Net Assets$100,347

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $68,167Expenses 2021: $87,373Net Income 2021: -$19,2062021Revenue 2022: $92,270Expenses 2022: $85,811Net Income 2022: $6,4592022Revenue 2023: $109,940Expenses 2023: $115,592Net Income 2023: -$5,6522023Revenue 2024: $77,422Expenses 2024: $72,995Net Income 2024: $4,4272024

Highlighted filing

2022

Revenue$92,270
Expenses$85,811
Net Income$6,459
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 25, 2023
Return Version
2022v5.0
Gross Receipts
$92,270
Mission and Program Overview

Mission

The organization's mission is to retrieve healthy, edible food that would otherwise go to waste and to distribute it to the poor, needy and homeless.

Program Services

DescriptionGrantsExpenses
THE HEALTHY FOOD IS PICKED UP FROM DONATING SUPERMARKETS AND BREAD COMPANIES. THIS FOOD ALONG WITH HOUSEHOLD ITEMS, ARE DELIVERED TO FOOD PANTRIES, SOUP KITCHENS, SHELTERS, VETERAN CENTERS AND NEEDY FAMILIES THROUGHOUT THE CHICAGO AREA.-$85,811
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUSSELL PRATALIPresident &FT$42,944-$42,944
DAVE TEOLIVolunteer-$250-$250
JEREMY SNYDERVP/TreasurerPT$0--
ANNE HUBERSecretary &PT$0--
CHRIS GOMEZTrusteePT$0--
NANCY BOUDREAUTrustee-$0--
RAY MEYERSAuxiliary TrPT$0--
Filing and Contact Details

Filer

Filer Name
River of Light Ltd
EIN
36-3833922
Phone
6309153306
Address
16501 S PARKER ROAD, HOMER GLEN, IL 60491-6105

Signing Officer

Name
Jeremy Snyder
Title
VP/treasurer&trustee
Phone
6309153306
Signed
2023-09-25
Discuss with paid preparer
Yes

Preparer

Firm
Hett & Associates
Address
4711 WILLOW SPRINGS RD STE 3, LA GRANGE, IL 60525-6152
Preparer
Michael T Hett
Phone
7085799003
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Fundraiser in 2022: sale of beanie babies at fuller's auto repair shop in hinsdale 557

Form 990-ez, Part I, Line 20

Payoff of river of light's loan - russ pratali 24,144 decrease in value of river of light's vehicles -3,500

Form 990-ez, Part II, Line 24

Vehicles 55,000 51,500 total 55,000 51,500

Form 990-ez, Part II, Line 26

LOAN PAYABLE 24,144 0

Form 990-ez, Part III

The organization's mission is to retrieve healthy, edible food that would otherwise go to waste and to distribute it to the poor, needy and homeless.

Form 990-ez, Part III, Line 28

The healthy food is picked up from donating supermarkets and bread companies. This food along with household items, are delivered to food pantries, soup kitchens, shelters, veteran centers and needy families throughout the chicago area.

Raw XML Appendix161 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RUSSELL PRATALI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEREMY SNYDER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NANCY BOUDREAU
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DAVE TEOLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5AUXILIARY TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VOLUNTEER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt051500
IRS990EZ/OtherChangesInNetAssetsAmt020644
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO RETRIEVE HEALTHY, EDIBLE FOOD THAT WOULD OTHERWISE GO TO WASTE AND TO DISTRIBUTE IT TO THE POOR, NEEDY AND HOMELESS.
IRS990EZ/PrintingPublicationsPostageAmt052
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt085811
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUNDRAISER IN 2022: SALE OF BEANIE BABIES AT FULLER'S AUTO REPAIR SHOP IN HINSDALE 557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYOFF OF RIVER OF LIGHT'S LOAN - RUSS PRATALI 24,144 DECREASE IN VALUE OF RIVER OF LIGHT'S VEHICLES -3,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VEHICLES 55,000 51,500 TOTAL 55,000 51,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN PAYABLE 24,144 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S MISSION IS TO RETRIEVE HEALTHY, EDIBLE FOOD THAT WOULD OTHERWISE GO TO WASTE AND TO DISTRIBUTE IT TO THE POOR, NEEDY AND HOMELESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE HEALTHY FOOD IS PICKED UP FROM DONATING SUPERMARKETS AND BREAD COMPANIES. THIS FOOD ALONG WITH HOUSEHOLD ITEMS, ARE DELIVERED TO FOOD PANTRIES, SOUP KITCHENS, SHELTERS, VETERAN CENTERS AND NEEDY FAMILIES THROUGHOUT THE CHICAGO AREA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY SNYDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP/TREASURER&TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06309153306
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVER OF LIGHT LTD
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0363833922
ReturnHeader/Filer/PhoneNum06309153306
ReturnHeader/Filer/USAddress/AddressLine1Txt016501 S PARKER ROAD
ReturnHeader/Filer/USAddress/CityNm0HOMER GLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0604916105
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141978590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HETT & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04711 WILLOW SPRINGS RD STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA GRANGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0605256152
ReturnHeader/PreparerPersonGrp/PhoneNum07085799003
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL T HETT
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-08-25T12:34:35-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEREMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SNYDER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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