Civic Intelligence

Southwest Chicago Homeless Services

990 • Fiscal year 2018 • EIN 36-3925529

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 30, 2018

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

89th percentile

0.43x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

0.46x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$55,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

52nd percentile

2.7%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

47th percentile

-0.7%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Up

$307,671

Up $15,709 (+5.4%) from 2016

Net Assets

Up

$176,007

Up $37,630 (+27%) from 2016

Liabilities

Down

$131,664

Down $21,921 (-14%) from 2016

Revenue

Down

$283,649

Down $3,806 (-1.3%) from 2016

Expenses

Down

$241,642

Down $40,995 (-15%) from 2016

Net Income

Up

$42,007

Up $37,189 (+772%) from 2016

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

2018

Assets$307,671
Liabilities$131,664
Net Assets$176,007

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

2018

Revenue$283,649
Expenses$241,642
Net Income$42,007
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 30, 2018
Return Version
2017v2.2
Gross Receipts
$324,785
Mission and Program Overview

Mission

To provide transitional assistance from homelessness to employment and housing.

To provide food, clothing, case management and placement in housing, as well as referrals for additional supportive services. A commitment to helping homeless and housing-insecure persons and strive to end homelessness in our communities and advocate on their behalf.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$248,455$252,907▲ $4,452
Cash and Non-Interest-Bearing Accounts$33,022$54,764▲ $21,742
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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$281,477$307,671▲ $26,194
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$146,677$128,564▼ $18,113
Other Liabilities$800$3,100▲ $2,300
Total Liabilities$147,477$131,664▼ $15,813
Net Assets / Fund Balance
Unrestricted Net Assets$123,563$163,865▲ $40,302
Temporarily Rstr Net Assets$10,437$12,142▲ $1,705
Total Net Assets Fund Balance$134,000$176,007▲ $42,007
Total Liabilities and Net Assets / Fund Balance$281,477$307,671▲ $26,194

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$164,575$87,391$251,966
Buildings$35,104$138,632$173,736
Equipment$22,533$21,149$43,682
Other Land Buildings$695$31,814$32,509
Land$30,000-$30,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karyn PerkinsExecutive DirectorFT$55,000$55,000

Board Members and Trustees

NameTitle
Deb WohlerPresident
Walter Gillespie JrVice President
Barbara JilekDirector
Coleen EstevesDirector
Dr Sanja StinsonDirector
Frank Marmo MdDirector
Keith BannisterDirector
Lori PacuraDirector
Robert SpielmanDirector
Thelma TennantDirector
Robert BatorSecretary
Dimas OrtegaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$265,439
Program Service Revenue
$0
Investment Income
$13
Other Revenue
$18,197
All Other Contributions
$265,439
Change in Net Assets
$42,007

Audited Revenue Reconciliation

Revenue per Audited Statements
$283,649
Revenue Not Reported on Form 990
$5,645
Total Revenue per Audited Statements
$289,294
Total Revenue per Form 990
$283,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$164,266
Other Expenses$77,376
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$97,700--$97,700
Current Officers, Directors, Trustees, and Key Employees$44,000$8,250-$52,250
Payroll Taxes$13,528$788-$14,316
All Other Expenses$13,953$161-$14,114
Insurance$11,232--$11,232
Depreciation Depletion$7,840--$7,840
Interest-$7,828-$7,828
Other Expenses$5,659$5,081-$5,081
Office Expenses-$4,662-$4,662
Fees for Services Accounting-$2,250-$2,250
Fees for Services Other-$2,112-$2,112
Occupancy$1,758--$1,758
Total Functional Expenses$210,510$31,132$0$241,642

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$247,287
Expenses per Audited Statements$241,642
Total Expenses per Form 990$241,642
Expenses Not Reported on Form 990$5,645
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,038
Fundraising Direct Expenses$5,645
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Trivia Night$16,505$16,505$2,490$14,015
Other Special Events$8,533$8,533-$8,533
Total Events$25,038$25,038$5,645$19,393
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$3,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
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 Homeless Services
EIN
36-3925529
Phone
7737377070
Address
P O BOX 29453, CHICAGO, IL 60629

Signing Officer

Name
Karyn Perkins
Title
Executive Director
Signed
2018-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karyn Perkins
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

Financial Statement Notes

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

Special events expense $5645

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

Special events expense $5645

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