Civic Intelligence

Southwest Chicago Homeless Services

990 • Fiscal year 2015 • EIN 36-3925529

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 10, 2015

P O Box 29453Chicago, IL 60629

(773) 737-7070

Siviq Scores

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

Liabilities / Assets

90th percentile

0.59x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

0.84x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

26th percentile

-7.6%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

94th percentile

$57,115

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 24.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

36th percentile

-4.7%

Faster asset growth than 36% of similar nonprofits.

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

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

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

Assets

Down

$325,802

Down $16,200 (-4.7%) from 2014

Net Assets

Down

$133,559

Down $18,521 (-12%) from 2014

Liabilities

Up

$192,243

Up $2,321 (+1.2%) from 2014

Revenue

Down

$229,310

Down $35,082 (-13%) from 2014

Expenses

Down

$246,660

Down $18,511 (-7.0%) from 2014

Net Income

Down

-$17,350

Down $16,571 (-2127%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $420,350Liabilities 2010: $295,816Net Assets 2010: $124,5342010Assets 2011: $426,076Liabilities 2011: $292,013Net Assets 2011: $134,0632011Assets 2012: $393,539Liabilities 2012: $241,351Net Assets 2012: $152,1882012Assets 2014: $342,002Liabilities 2014: $189,922Net Assets 2014: $152,0802014Assets 2015: $325,802Liabilities 2015: $192,243Net Assets 2015: $133,5592015Assets 2016: $291,962Liabilities 2016: $153,585Net Assets 2016: $138,3772016Assets 2018: $307,671Liabilities 2018: $131,664Net Assets 2018: $176,0072018Assets 2019: $255,778Liabilities 2019: $124,130Net Assets 2019: $131,6482019Assets 2020: $461,700Liabilities 2020: $307,783Net Assets 2020: $153,9172020Assets 2021: $359,886Liabilities 2021: $269,655Net Assets 2021: $90,2312021Assets 2022: $370,791Liabilities 2022: $261,392Net Assets 2022: $109,3992022

Highlighted filing

2015

Assets$325,802
Liabilities$192,243
Net Assets$133,559

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $299,052Expenses 2010: $386,644Net Income 2010: -$87,5922010Expenses 2011: $268,5202011Expenses 2012: $223,7162012Revenue 2014: $264,392Expenses 2014: $265,171Net Income 2014: -$7792014Revenue 2015: $229,310Expenses 2015: $246,660Net Income 2015: -$17,3502015Revenue 2016: $287,455Expenses 2016: $282,637Net Income 2016: $4,8182016Revenue 2018: $283,649Expenses 2018: $241,642Net Income 2018: $42,0072018Revenue 2019: $226,581Expenses 2019: $270,940Net Income 2019: -$44,3592019Revenue 2020: $218,642Expenses 2020: $196,373Net Income 2020: $22,2692020Revenue 2021: $177,238Expenses 2021: $240,924Net Income 2021: -$63,6862021Revenue 2022: $227,061Expenses 2022: $207,893Net Income 2022: $19,1682022

Highlighted filing

2015

Revenue$229,310
Expenses$246,660
Net Income-$17,350
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$275,238
Mission and Program Overview

Mission

To provide transitional assistance from homelessness to employment and housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$301,119$285,523▼ $15,596
Savings and Temporary Cash Investments$34,129$40,279▲ $6,150
Cash and Non-Interest-Bearing Accounts$5,025$0▼ $5,025
Other Notes and Loans Receivable, Net$1,729$0▼ $1,729
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$342,002$325,802▼ $16,200
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$188,772$191,443▲ $2,671
Other Liabilities$1,150$800▼ $350
Total Liabilities$189,922$192,243▲ $2,321
Net Assets / Fund Balance
Unrestricted Net Assets$117,951$98,065▼ $19,886
Temporarily Rstr Net Assets$34,129$35,494▲ $1,365
Total Net Assets Fund Balance$152,080$133,559▼ $18,521
Total Liabilities and Net Assets / Fund Balance$342,002$325,802▼ $16,200

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$170,789$81,177$251,966
Buildings$82,258$91,478$173,736
Other Land Buildings$2,476$30,033$32,509
Land$30,000-$30,000
Equipment-$20,998$20,998
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karyn PerkinsExecutive DirectorFT$57,115$57,115

Board Members and Trustees

NameTitle
Deb WohlerPresident
Walter Gillespie JrVice President
Barbara JilekDirector
Frank Marmo MdDirector
Fred BridgesDirector
Keith BannisterDirector
Lori PacuraDirector
Michael MorgensternDirector
Robert BatorSecretary
L Patrick StantonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$193,455
Program Service Revenue
$0
Investment Income
$-133
Other Revenue
$35,988
All Other Contributions
$193,455
Change in Net Assets
$-17,350

Audited Revenue Reconciliation

Revenue per Audited Statements
$228,139
Revenue Not Reported on Financial Statements
$1,171
Revenue Not Reported on Form 990
$6,456
Other Revenue Adjustments
$1,171
Total Revenue per Audited Statements
$234,595
Total Revenue per Form 990
$229,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$130,403
Other Expenses$116,257
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$66,700--$66,700
Current Officers, Directors, Trustees, and Key Employees$44,000$8,250-$52,250
All Other Expenses$19,328$4,364-$23,692
Insurance$15,592--$15,592
Payroll Taxes$10,659$794-$11,453
Depreciation Depletion$8,781--$8,781
Other Expenses$8,671--$8,671
Fees for Services Accounting-$7,305-$7,305
Interest-$6,433-$6,433
Office Expenses-$6,209-$6,209
Occupancy$1,526--$1,526
Total Functional Expenses$213,305$33,355$0$246,660

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$253,116
Expenses per Audited Statements$246,660
Total Expenses per Form 990$246,660
Expenses Not Reported on Form 990$6,456
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,673
Fundraising Direct Expenses$6,456
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other Special Events$30,373$30,373$370$30,003
Trivia Night$18,300$18,300$4,836$13,464
Total Events$48,673$48,673$6,456$42,217
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Draft form 990 provided to board of directors for review and comments before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Southwest Chicago Pads
EIN
36-3925529
Phone
7737377070
Address
P O BOX 29453, CHICAGO, IL 60629

Signing Officer

Name
Karyn Perkins
Title
Executive Director
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Bator
Formed
1994
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
700

Preparer

Firm
William R Healy CPA PC
Address
9501 West 144th Place Ste 202, Orland Park, IL 60462
Preparer
William R Healy
Phone
7083491700
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Book/tax depreciation = -$1171

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Special events expense $6456

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Book/tax depreciation $1171

Part XII, Line 2D: Other expenses and losses per audited F/S

Special events expense $6456

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS

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Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits