Civic Intelligence

Strengthening Our Community Alliance

990EZ • Fiscal year 2018 • EIN 36-4047035

Nov 01, 2017 to Oct 31, 2018 • Filed on Sep 16, 2019

6615 S KenwoodChicago, IL 60637

(312) 635-1800

Siviq Scores

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

Liabilities / Assets

88th percentile

0.39x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.58x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

74th percentile

22%

Faster asset growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2018

Revenue Growth

86th percentile

53%

Faster revenue growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2018

Assets

Up

$78,639

Up $35,741 (+83%) from 2015

Net Assets

Up

$47,952

Up $35,054 (+272%) from 2015

Liabilities

Up

$30,687

Up $687 (+2.3%) from 2015

Revenue

Up

$53,263

Up $38,411 (+259%) from 2015

Expenses

Up

$45,009

Up $34,611 (+333%) from 2015

Net Income

Up

$8,254

Up $3,800 (+85%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $42,898Liabilities 2015: $30,000Net Assets 2015: $12,8982015Assets 2018: $78,639Liabilities 2018: $30,687Net Assets 2018: $47,9522018Assets 2019: $96,060Liabilities 2019: $38,171Net Assets 2019: $57,8892019Assets 2021: $180,130Liabilities 2021: $50,100Net Assets 2021: $130,0302021Assets 2022: $191,379Liabilities 2022: $59,991Net Assets 2022: $131,3882022Assets 2024: $175,938Liabilities 2024: $25,782Net Assets 2024: $150,1562024

Highlighted filing

2018

Assets$78,639
Liabilities$30,687
Net Assets$47,952

Operations Trend

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

$150K$100K$50K$0Revenue 2015: $14,852Expenses 2015: $10,398Net Income 2015: $4,4542015Revenue 2018: $53,263Expenses 2018: $45,009Net Income 2018: $8,2542018Revenue 2019: $34,122Expenses 2019: $26,506Net Income 2019: $7,6162019Revenue 2021: $140,396Expenses 2021: $73,351Net Income 2021: $67,0452021Revenue 2022: $66,978Expenses 2022: $63,590Net Income 2022: $3,3882022Revenue 2024: $82,682Expenses 2024: $64,999Net Income 2024: $17,6832024

Highlighted filing

2018

Revenue$53,263
Expenses$45,009
Net Income$8,254
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Sep 16, 2019
Return Version
2017v2.2
Gross Receipts
$53,263
Mission and Program Overview

Mission

CHARITABLE

Program Services

DescriptionGrantsExpenses
The foundation host civic organization in its facilities including but not limited to back-to-school events health screening and community block club-$13,993
The foundation awarded scholarships-$3,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Zaid Abdul-AleemDirector-$0--
Torin EdmondDirector-$0--
Theodore DavisDirector-$0--
Ernest EdwardsDirectorPT$0--
Dana K OBanionDirector-$0--
Gerald S McCarthyDirector-$0--
Stephen V ColemantDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sigma Omega Foundation
EIN
36-4047035
Address
6615 S Kenwood, Chicago, IL 60637

Signing Officer

Name
Gerald S McCarthy JD
Title
Treasurer
Phone
3126351800
Signed
2019-09-16
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity Scholarships Amount 3,000

Description of other expenses Part I line 16

Description AmountMardi Gras 9,570Joint Event 11,264Insurance - Directors 420Supplies 886Land Trust Fees 575Miscellaneaous 64Depreciation 5,236

Description of other assets Part II line 24

Category Beginning of Year End of YearFurniture and Equipement 20,593 15,445Land Improvements 2,562 2,474Donation Receivable 2,350 0Rent Receivable 1,000 0

Description of total liabilities Part II line 26

Category Beginning of Year End of YearLiabilities 6,345 247Loan Payable 30,440 30,440

Raw XML Appendix173 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Gerald McCarthy
IRS990EZ/BooksInCareOfDetail/PhoneNum03126351800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06615 S Kenwood
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060637
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014988
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025730
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt047244
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt08254
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt076483
IRS990EZ/Form990TotalAssetsGrp/EOYAmt078639
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03000
IRS990EZ/GrossReceiptsAmt053263
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt06019
IRS990EZ/LandAndBuildingsGrp/BOYAmt034990
IRS990EZ/LandAndBuildingsGrp/EOYAmt034990
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039698
IRS990EZ/NetAssetsOrFundBalancesEOYAmt047952
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039698
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt047952
IRS990EZ/OccupancyRentUtltsAndMaintAmt013621
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt36.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Zaid Abdul-Aleem
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Torin Edmond
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Theodore Davis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Ernest Edwards
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dana K OBanion
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Gerald S McCarthy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Stephen V Colemant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt026505
IRS990EZ/OtherAssetsTotalDetail/EOYAmt017919
IRS990EZ/OtherExpensesTotalAmt028015
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Charitable
IRS990EZ/PrintingPublicationsPostageAmt0373
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The foundation host civic organization in its facilities including but not limited to back-to-school events health screening and community block club
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The foundation awarded scholarships
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013993
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt036785
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt030687
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045009
IRS990EZ/TotalProgramServiceExpensesAmt016993
IRS990EZ/TotalRevenueAmt053263
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt053244
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt047825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt014850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0170804
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt034
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0170804
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt053244
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054885
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt047825
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt014850
IRS990ScheduleA/Total509Grp/TotalAmt0170804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt053263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt054894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt047829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt014852
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0170838
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Scholarships Amount 3,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMardi Gras 9,570Joint Event 11,264Insurance - Directors 420Supplies 886Land Trust Fees 575Miscellaneaous 64Depreciation 5,236
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearFurniture and Equipement 20,593 15,445Land Improvements 2,562 2,474Donation Receivable 2,350 0Rent Receivable 1,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearLiabilities 6,345 247Loan Payable 30,440 30,440
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Gerald S McCarthy JD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03126351800
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sigma Omega Foundation
ReturnHeader/Filer/BusinessNameControlTxt0SIGM
ReturnHeader/Filer/EIN0364047035
ReturnHeader/Filer/USAddress/AddressLine1Txt06615 S Kenwood
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060637
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00431763C87C66D11E73D55A9080F7A57B6CFA14A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00431763C87C66D11E73D55A9080F7A57B6CFA14A
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId03665882019259vclflq5
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-09-16
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.193.119.17
ReturnHeader/FilingSecurityInformation/IPDt02019-09-16
ReturnHeader/FilingSecurityInformation/IPTm017:58:54
ReturnHeader/ReturnTs02019-09-16T17:57:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-11-01
ReturnHeader/TaxPeriodEndDt02018-10-31
ReturnHeader/TaxYr02017

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Filings