Civic Intelligence

Buckeye Foundation

990PF • Fiscal year 2024 • EIN 36-3999865

Jan 01, 2024 to Dec 31, 2024 • Filed on May 07, 2025

Fh Assoc 20940 S Frankfort Sq RdFrankfort, IL 60423

(312) 642-9503

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2024 filings • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2024 filings • $25M-$50M nonprofits • Source year 2024

Net Margin

77th percentile

30%

Higher net margin than 77% of similar nonprofits.

2024 filings • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$100,000

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2024 filings • $25M-$50M nonprofits • Source year 2024

Asset Growth

41st percentile

2.8%

Faster asset growth than 41% of similar nonprofits.

2024 filings • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

125%

Faster revenue growth than 90% of similar nonprofits.

2024 filings • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$35,779,087

Up $795,038 (+2.3%) from 2022

Net Assets

Up

$35,777,392

Up $797,253 (+2.3%) from 2022

Liabilities

Down

$1,695

Down $2,215 (-57%) from 2022

Revenue

Up

$3,354,893

Up $1,465,274 (+78%) from 2022

Expenses

Up

$2,358,964

Up $300,758 (+15%) from 2022

Net Income

Up

$995,929

Up $1,164,516 (+691%) from 2022

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2013: $37,531,384Liabilities 2013: $0Net Assets 2013: $37,531,3842013Assets 2015: $35,674,052Liabilities 2015: $0Net Assets 2015: $35,674,0522015Assets 2016: $35,801,770Liabilities 2016: $0Net Assets 2016: $35,801,7702016Assets 2019: $32,809,417Liabilities 2019: $0Net Assets 2019: $32,809,4172019Assets 2020: $33,536,907Liabilities 2020: $0Net Assets 2020: $33,536,9072020Assets 2021: $35,148,726Liabilities 2021: $0Net Assets 2021: $35,148,7262021Assets 2022: $34,984,049Liabilities 2022: $3,910Net Assets 2022: $34,980,1392022Assets 2024: $35,779,087Liabilities 2024: $1,695Net Assets 2024: $35,777,3922024

Highlighted filing

2024

Assets$35,779,087
Liabilities$1,695
Net Assets$35,777,392

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $639,917Expenses 2013: $2,123,694Net Income 2013: -$1,483,7772013Revenue 2015: $1,408,330Expenses 2015: $1,495,970Net Income 2015: -$87,6402015Revenue 2016: $1,066,572Expenses 2016: $938,854Net Income 2016: $127,7182016Revenue 2019: $975,290Expenses 2019: $1,867,001Net Income 2019: -$891,7112019Revenue 2020: $2,771,504Expenses 2020: $2,078,266Net Income 2020: $693,2382020Revenue 2021: $3,425,000Expenses 2021: $1,800,181Net Income 2021: $1,624,8192021Revenue 2022: $1,889,619Expenses 2022: $2,058,206Net Income 2022: -$168,5872022Revenue 2024: $3,354,893Expenses 2024: $2,358,964Net Income 2024: $995,9292024

Highlighted filing

2024

Revenue$3,354,893
Expenses$2,358,964
Net Income$995,929
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARY KAREN PATRICK PHILIPTreasurer -- Part-Time-$100,000-$100,000
MARILYN M PATRICKPresident -- Part-Time-$0--
THOMAS H PATRICKSecretary -- Part-Time-$0--
Filing and Contact Details

Filer

Filer Name
Buckeye Foundation
EIN
36-3999865
In Care Of
% MARY KAREN PATRICK PHILIP
Phone
3126429503
Address
FH ASSOC 20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423

Signing Officer

Name
Karen Philip
Title
Treasurer
Phone
7087996800
Signed
2025-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Friedman & Huey Assoc Llp
Address
20940 S FRANKFORT SQUARE RD, FRANKFORT, IL 60423
Preparer
Thomas Lewandowski
Phone
7087996800
Raw XML Appendix375 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0MARY KAREN PATRICK PHILIP
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/Form990TFiledInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt01124 WEST DRUMMOND
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0CHICAGO
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0IL
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd060614
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0IL
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0MARY KAREN PATRICK PHILIP
IRS990PF/StatementsRegardingActyGrp/PhoneNum07733488180
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0true
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0NOT APPLICABLE
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt01286196
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0SEE STMT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0SEE STATEMENT ATTACHED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0SEE STMT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt020940 S FRANKFORT SQ RD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0FRANKFORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0IL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd060423
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NONE
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt01286196
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0154236
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt01271414
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt01608030
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt00
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02022
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02021
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02020
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt01425650
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt01453794
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt01271414
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt0134
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt0268
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt0134
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt010858316
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0OVER COST - NV CAP HLDGS LLC
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt010858316
OtherDecreasesSchedule/OtherDecreasesDetail/Amt010000
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0TO RECONCILE DIFFERENCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0NEW VERNON MATRIX FUND
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1NEW VERNON CAPITAL HOLDINGS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2NEW VERNON FINANCIAL SECTOR FD
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3ADMINISTRATION FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4MISC EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5LIABILITY INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6CHARITABLE BUREAU
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt4182
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt5523
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt615
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt713626
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt088756
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1510743
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt235521
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt367109
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt088756
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1510743
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt235521
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt367109
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4181
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt5523
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt615
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt713626
OtherIncomeSchedule2/OtherIncomeDetail/Desc0VERNON CAPITAL HOLDINGS, LLC
OtherIncomeSchedule2/OtherIncomeDetail/Desc1NEW VERNON FINANCIAL SECTOR FUND
OtherIncomeSchedule2/OtherIncomeDetail/Desc2NEW VERNON MATRIX FUND
OtherIncomeSchedule2/OtherIncomeDetail/Desc3AMOUNT REPORTED ON 990-T
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0-223116
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt1-1475
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt2-3498
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt3-4975
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0-223116
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1-1475
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt2-3498
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt00
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0UNDER COST - NV MATRIX FUND
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt01695
TaxesSchedule/TaxesDetail/Amt0156656
TaxesSchedule/TaxesDetail/Amt112825
TaxesSchedule/TaxesDetail/Amt21695
TaxesSchedule/TaxesDetail/Amt310000
TaxesSchedule/TaxesDetail/Amt47649
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAX PAID - NV CAPITAL
TaxesSchedule/TaxesDetail/CategoryTxt1FOREIGN TAX PAID - NV FINC'L
TaxesSchedule/TaxesDetail/CategoryTxt2FOREIGN TAX PAID - NV MATRIX
TaxesSchedule/TaxesDetail/CategoryTxt3FEDERAL TAXES PAID
TaxesSchedule/TaxesDetail/CategoryTxt4PAYROLL TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt07649
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0156656
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt112825
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt21695
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN PHILIP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07087996800
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUCKEYE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BUCK
ReturnHeader/Filer/EIN0363999865
ReturnHeader/Filer/InCareOfNm0% MARY KAREN PATRICK PHILIP
ReturnHeader/Filer/PhoneNum03126429503
ReturnHeader/Filer/USAddress/AddressLine1Txt0FH ASSOC 20940 S FRANKFORT SQ RD
ReturnHeader/Filer/USAddress/CityNm0FRANKFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060423
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRIEDMAN & HUEY ASSOC LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020940 S FRANKFORT SQUARE RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKFORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060423
ReturnHeader/PreparerPersonGrp/PhoneNum07087996800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS LEWANDOWSKI
ReturnHeader/ReturnTs02025-11-06T12:06:09-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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