Civic Intelligence

Strengthening Our Community Alliance

990EZ • Fiscal year 2019 • EIN 36-4047035

Nov 01, 2018 to Oct 31, 2019 • Filed on Sep 11, 2020

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

0.40x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.12x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

15th percentile

-36%

Faster revenue growth than 15% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$96,060

Up $17,421 (+22%) from 2018

Net Assets

Up

$57,889

Up $9,937 (+21%) from 2018

Liabilities

Up

$38,171

Up $7,484 (+24%) from 2018

Revenue

Down

$34,122

Down $19,141 (-36%) from 2018

Expenses

Down

$26,506

Down $18,503 (-41%) from 2018

Net Income

Down

$7,616

Down $638 (-7.7%) from 2018

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

2019

Assets$96,060
Liabilities$38,171
Net Assets$57,889

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

2019

Revenue$34,122
Expenses$26,506
Net Income$7,616
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Sep 11, 2020
Return Version
2018v3.1
Gross Receipts
$43,472
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-$26,506
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Zaid Abdul-AleemDirector-$0--
Torin EdmondDirector-$0--
Theodore DavisVice President-$0--
Dana OBanionPresident-$0--
Gerald S McCarthyTreasurer-$0--
Stephen V ColemanDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mardi Gras$22,935$22,935$3,941$18,994
Total Events$22,935$22,935$9,350$13,585
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
Title
Treasurer
Phone
3129723415
Signed
2020-09-11
Supplemental Narrative

Additional Explanations

Other changes in net assets or fund balances Part I line 20

Description Amountadjustment 521

Description of other assets Part II line 24

Category Beginning of Year End of YearFurniture and Equipment 15,445 25,740Land Improvements 4,274 2,650

Description of total liabilities Part II line 26

Category Beginning of Year End of YearCurrent liabilities 247 7,731Loan payable 30,440 30,440

Raw XML Appendix188 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Gerald S McCarthy
IRS990EZ/BooksInCareOfDetail/PhoneNum03126351800
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060612
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025730
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IRS990EZ/ExcessOrDeficitForYearAmt07616
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt043472
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt057889
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Zaid Abdul-Aleem
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Torin Edmond
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Theodore Davis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dana OBanion
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Gerald S McCarthy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Stephen V Coleman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt019719
IRS990EZ/OtherAssetsTotalDetail/EOYAmt028390
IRS990EZ/OtherChangesInNetAssetsAmt0521
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Charitable
IRS990EZ/PrintingPublicationsPostageAmt015962
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/ProgramServiceExpensesAmt026506
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt09350
IRS990EZ/SpecialEventsNetIncomeLossAmt013585
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt030687
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt026506
IRS990EZ/TotalProgramServiceExpensesAmt026506
IRS990EZ/TotalRevenueAmt034122
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt043444
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt054885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt047825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0215889
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt019
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt062
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0215889
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt043444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054885
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt054885
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt047825
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt014850
IRS990ScheduleA/Total509Grp/TotalAmt0215889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt043472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt054904
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt047829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt014852
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0215951
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09350
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0700
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0700
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Mardi Gras
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03709
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03709
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022935
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022935
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022935
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013585
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03941
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03941
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01000
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IRS990ScheduleG/LicensedStatesCd0IL
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description Amountadjustment 521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearFurniture and Equipment 15,445 25,740Land Improvements 4,274 2,650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCurrent liabilities 247 7,731Loan payable 30,440 30,440
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Gerald S McCarthy
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03129723415
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-11
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/FederalOriginalSubmissionId036658820202585fyzn4m
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-09-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.9.244.141
ReturnHeader/FilingSecurityInformation/IPDt02020-09-14
ReturnHeader/FilingSecurityInformation/IPTm023:40:49
ReturnHeader/ReturnTs02020-09-14T23:39:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-11-01
ReturnHeader/TaxPeriodEndDt02019-10-31
ReturnHeader/TaxYr02018

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Filings