Civic Intelligence

Patriots' Gateway Community Center

990 • Fiscal year 2014 • EIN 36-4048431

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

615 S 5th AveRockford, IL 61104

(815) 316-3023

Siviq Scores

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

Liabilities / Assets

81st percentile

0.56x

Higher debt load relative to assets than 81% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

2.83x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

44th percentile

$47,408

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

29th percentile

-2.6%

Faster asset growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

46th percentile

2.2%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$3,250,150

Down $87,662 (-2.6%) from 2013

Net Assets

Up

$1,423,678

Up $109,660 (+8.3%) from 2013

Liabilities

Down

$1,826,472

Down $197,322 (-9.8%) from 2013

Revenue

Up

$645,977

Up $13,920 (+2.2%) from 2013

Expenses

Up

$536,317

Up $4,436 (+0.8%) from 2013

Net Income

Up

$109,660

Up $9,484 (+9.5%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,452,646Liabilities 2010: $1,954,348Net Assets 2010: $1,498,2982010Assets 2011: $3,373,489Liabilities 2011: $2,066,998Net Assets 2011: $1,306,4912011Assets 2012: $3,303,233Liabilities 2012: $2,089,391Net Assets 2012: $1,213,8422012Assets 2013: $3,337,812Liabilities 2013: $2,023,794Net Assets 2013: $1,314,0182013Assets 2014: $3,250,150Liabilities 2014: $1,826,472Net Assets 2014: $1,423,6782014Assets 2015: $3,185,320Liabilities 2015: $1,784,305Net Assets 2015: $1,401,0152015Assets 2017: $3,067,086Liabilities 2017: $1,737,092Net Assets 2017: $1,329,9942017Assets 2018: $2,825,442Liabilities 2018: $1,714,286Net Assets 2018: $1,111,1562018Assets 2019: $2,781,487Liabilities 2019: $1,761,164Net Assets 2019: $1,020,3232019Assets 2020: $2,783,200Liabilities 2020: $1,962,062Net Assets 2020: $821,1382020Assets 2021: $2,733,001Liabilities 2021: $41,565Net Assets 2021: $2,691,4362021Assets 2022: $2,830,430Liabilities 2022: $116,966Net Assets 2022: $2,713,4642022Assets 2023: $2,765,939Liabilities 2023: $125,832Net Assets 2023: $2,640,1072023Assets 2024: $2,605,195Liabilities 2024: $129,891Net Assets 2024: $2,475,3042024

Highlighted filing

2014

Assets$3,250,150
Liabilities$1,826,472
Net Assets$1,423,678

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $904,0682010Expenses 2011: $1,188,4892011Expenses 2012: $988,6772012Revenue 2013: $632,057Expenses 2013: $531,881Net Income 2013: $100,1762013Revenue 2014: $645,977Expenses 2014: $536,317Net Income 2014: $109,6602014Revenue 2015: $437,912Expenses 2015: $460,575Net Income 2015: -$22,6632015Revenue 2017: $413,650Expenses 2017: $454,107Net Income 2017: -$40,4572017Revenue 2018: $147,692Expenses 2018: $366,529Net Income 2018: -$218,8372018Revenue 2019: $255,880Expenses 2019: $346,714Net Income 2019: -$90,8342019Revenue 2020: $368,441Expenses 2020: $567,626Net Income 2020: -$199,1852020Revenue 2021: $2,266,914Expenses 2021: $396,616Net Income 2021: $1,870,2982021Revenue 2022: $608,105Expenses 2022: $586,077Net Income 2022: $22,0282022Revenue 2023: $551,188Expenses 2023: $624,545Net Income 2023: -$73,3572023Revenue 2024: $491,840Expenses 2024: $656,646Net Income 2024: -$164,8062024

Highlighted filing

2014

Revenue$645,977
Expenses$536,317
Net Income$109,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$650,156
Mission and Program Overview

Mission

To provide a neighborhood community center offering life-enriching opportunities for those who live, work, play and learn in the near-southeast rockford and rock river valley community, with an emphasis on youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,248,784$3,157,876▼ $90,908
Cash and Non-Interest-Bearing Accounts$44,827$68,539▲ $23,712
Pledges and Grants Receivable$0$19,224▲ $19,224
Accounts Receivable$44,201$4,511▼ $39,690
Total Assets$3,337,812$3,250,150▼ $87,662
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,857,596$1,815,434▼ $42,162
Accounts Payable and Accrued Expenses$166,198$11,038▼ $155,160
Total Liabilities$2,023,794$1,826,472▼ $197,322
Net Assets / Fund Balance
Unrestricted Net Assets$1,314,018$1,423,678▲ $109,660
Total Net Assets Fund Balance$1,314,018$1,423,678▲ $109,660
Total Liabilities and Net Assets / Fund Balance$3,337,812$3,250,150▼ $87,662

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,817,725$1,152,962$2,970,687
Land$1,335,755-$1,335,755
Equipment$3,951$228,670$232,621
Other Land Buildings$445$6,230$6,675
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sweeny ChereneExecutive DirectorFT$47,408$47,408

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$187,316
Program Service Revenue
$445,551
Investment Income
$33
Other Revenue
$13,077
All Other Contributions
$77,279
Change in Net Assets
$109,660

Audited Revenue Reconciliation

Revenue per Audited Statements
$645,977
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,179
Total Revenue per Audited Statements
$650,156
Total Revenue per Form 990
$645,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$411,612
Salaries, Compensation, and Employee Benefits$124,705
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$214,315$3,078-$217,393
Depreciation Depletion$93,383$1,402-$94,785
Other Salaries and Wages$36,385$24,915-$61,300
Current Officers, Directors, Trustees, and Key Employees$29,626$19,324-$48,950
Fees for Services Other$21,269--$21,269
Insurance$2,175$13,436-$15,611
Payroll Taxes$9,389$5,066-$14,455
Fees for Services Legal-$11,679-$11,679
Fees for Services Accounting$3,224$8,019-$11,243
Office Expenses$5,306$5,907-$11,213
All Other Expenses$1,414$2,137-$3,551
Other Expenses$3,457$3,432-$3,432
Travel$1,041$339-$1,380
Total Functional Expenses$437,583$98,734$0$536,317

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$540,496
Expenses per Audited Statements$536,317
Total Expenses per Form 990$536,317
Expenses Not Reported on Form 990$4,179
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,642
Fundraising Direct Expenses$4,179
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 1

The executive committee shall consist of the appointed officers and other members as appointed by the board of directors. The executive committee may act on behalf of the board on the matters of urgency which arise between board meetings. Management may poll the board for action on a specific matter and may duly take such action once it has secured the affirmative vote of a majority of the board members. All board actions taken by the executive committee or by polling shall be ratified y the board at its next regular meeting.

Form 990, Part VI, Section B, Line 11

All the board members receive a copy of the form 990 prior to filing and have the opportunity to make comments.

Form 990, Part VI, Section B, Line 15

The board of directors determines the executive director's compensation annually. The board has given the executive director ability to set other employee compensation. If significant changes on employee salaries are made, the executive director brings the request to the finance committee.

Form 990, Part VI, Section C, Line 19

All documents that must be made available to the public are kept in the center's office and are available upon request

Filing and Contact Details

Filer

Filer Name
PATRIOTS' GATEWAY COMMUNITY CENTER
EIN
36-4048431
Phone
8153163023
Address
615 S 5TH AVE, ROCKFORD, IL 61104

Signing Officer

Name
Cherene Sweeny
Title
Executive Director
Phone
8153163023
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cherene Sweeny
Formed
1995
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
38

Preparer

Firm
Cliftonlarsonallen Llp
Address
1639 NORTH ALPINE ROAD, ROCKFORD, IL 61107
Preparer
Michele Reagan
Phone
8152291900
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

The audit committee reviews the audit report. There is no change in the process from last year.

Financial Statement Notes

PART X, LINE 2:

The internal revenue service (irs) has determined that the center qualifies for exemption from u.s. Federal income tax under internal revenue code section 501(c)(3) as other than a private foundation. Accordingly, no income tax has been recorded in the financial statements. The center accounts for uncertainty in income taxes under the authoritative guidance issued by the financial accounting standards board (fasb). The center uses a threshold of more-likely-than-not to be sustained upon examination to account for uncertainty in income taxes. Measurement of the tax uncertainty occurs if the recognition threshold has not been met. This guidance also addresses derecognition, classification, interest and penalties, disclosure, and transition. The center conducts business solely in the u.s. And, as a result, files u.s. Federal and illinois tax returns. In the normal course of business, the center is subject to examination by taxing authorities. There are no ongoing income tax audits or unresolved disputes with the tax authorities that the center currently files or has filed with.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENT EXPENSES

PART XII, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENT EXPENSES

Raw XML AppendixShowing 400 of 475 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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IRS990/MissionDesc0TO PROVIDE A NEIGHBORHOOD COMMUNITY CENTER OFFERING LIFE-ENRICHING OPPORTUNITIES FOR THOSE WHO LIVE, WORK, PLAY AND LEARN IN THE NEAR-SOUTHEAST ROCKFORD AND ROCK RIVER VALLEY COMMUNITY, WITH AN EMPHASIS ON YOUTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01857596
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01815434
IRS990/NetAssetsOrFundBalancesBOYAmt01314018
IRS990/NetAssetsOrFundBalancesEOYAmt01423678
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05463
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05463
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03078
IRS990/OccupancyGrp/ProgramServicesAmt0214315
IRS990/OccupancyGrp/TotalAmt0217393
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05907
IRS990/OfficeExpensesGrp/ProgramServicesAmt05306
IRS990/OfficeExpensesGrp/TotalAmt011213
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0GENERAL PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1UNEXPENDED GRANT FUNDS
IRS990/OtherExpensesGrp/Desc2TOURNAMENT EXPENSES
IRS990/OtherExpensesGrp/Desc3LEGAL SETTLMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03432
IRS990/OtherExpensesGrp/ProgramServicesAmt011052
IRS990/OtherExpensesGrp/ProgramServicesAmt15547
IRS990/OtherExpensesGrp/ProgramServicesAmt23457
IRS990/OtherExpensesGrp/TotalAmt011052
IRS990/OtherExpensesGrp/TotalAmt15547
IRS990/OtherExpensesGrp/TotalAmt23457
IRS990/OtherExpensesGrp/TotalAmt33432
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt07614
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07614
IRS990/OtherRevenueTotalAmt07614
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024915
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036385
IRS990/OtherSalariesAndWagesGrp/TotalAmt061300
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05066
IRS990/PayrollTaxesGrp/ProgramServicesAmt09389
IRS990/PayrollTaxesGrp/TotalAmt014455
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt019224
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHERENE SWEENY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2713940
IRS990/ProgramServiceRevenueGrp/Desc0AGENCY USE FEES
IRS990/ProgramServiceRevenueGrp/Desc1REIMBURSED CAPTIAL EXP
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0254029
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1177226
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214296
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0254029
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1177226
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214296
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0312712
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09
IRS990/PYOtherExpensesAmt0437978
IRS990/PYOtherRevenueAmt06761
IRS990/PYProgramServiceRevenueAmt0312575
IRS990/PYRevenuesLessExpensesAmt0100176
IRS990/PYSalariesCompEmpBnftPaidAmt093903
IRS990/PYTotalExpensesAmt0531881
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0632057
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0109660
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0445551
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2013 AMOUNT: $ 761. 2014 AMOUNT: $ 7,614.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0187316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0312712
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0442711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0496312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0604909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02043960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt042
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01917690
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07614
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0761
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08375
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99590
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02043960
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0187316
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0312712
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0442711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0496312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0604909
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02043960
IRS990ScheduleA/TotalSupportAmt02052377
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01817725
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01152962
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02970687
IRS990ScheduleD/EquipmentGrp/BookValueAmt03951
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0228670
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0232621
IRS990ScheduleD/ExpensesNotReportedAmt04179
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0536317
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01335755
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01335755
IRS990ScheduleD/OtherExpensesIncludedAmt04179
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0445
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06230
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06675
IRS990ScheduleD/OtherRevenueAmt04179
IRS990ScheduleD/RevenueNotReportedAmt04179
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0645977
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE CENTER QUALIFIES FOR EXEMPTION FROM U.S. FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO INCOME TAX HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE CENTER ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES UNDER THE AUTHORITATIVE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB). THE CENTER USES A THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION TO ACCOUNT FOR UNCERTAINTY IN INCOME TAXES. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS NOT BEEN MET. THIS GUIDANCE ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE CENTER CONDUCTS BUSINESS SOLELY IN THE U.S. AND, AS A RESULT, FILES U.S. FEDERAL AND ILLINOIS TAX RETURNS. IN THE NORMAL COURSE OF BUSINESS, THE CENTER IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THERE ARE NO ONGOING INCOME TAX AUDITS OR UNRESOLVED DISPUTES WITH THE TAX AUTHORITIES THAT THE CENTER CURRENTLY FILES OR HAS FILED WITH.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03157876
IRS990ScheduleD/TotalExpensesPerForm990Amt0536317
IRS990ScheduleD/TotalRevenuePerForm990Amt0645977
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0650156
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0540496
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE APPOINTED OFFICERS AND OTHER MEMBERS AS APPOINTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD ON THE MATTERS OF URGENCY WHICH ARISE BETWEEN BOARD MEETINGS. MANAGEMENT MAY POLL THE BOARD FOR ACTION ON A SPECIFIC MATTER AND MAY DULY TAKE SUCH ACTION ONCE IT HAS SECURED THE AFFIRMATIVE VOTE OF A MAJORITY OF THE BOARD MEMBERS. ALL BOARD ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE OR BY POLLING SHALL BE RATIFIED Y THE BOARD AT ITS NEXT REGULAR MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL THE BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING AND HAVE THE OPPORTUNITY TO MAKE COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION ANNUALLY. THE BOARD HAS GIVEN THE EXECUTIVE DIRECTOR ABILITY TO SET OTHER EMPLOYEE COMPENSATION. IF SIGNIFICANT CHANGES ON EMPLOYEE SALARIES ARE MADE, THE EXECUTIVE DIRECTOR BRINGS THE REQUEST TO THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS THAT MUST BE MADE AVAILABLE TO THE PUBLIC ARE KEPT IN THE CENTER'S OFFICE AND ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AUDIT COMMITTEE REVIEWS THE AUDIT REPORT. THERE IS NO CHANGE IN THE PROCESS FROM LAST YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.61$0.13$2.48$0.49$0.66$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.77$0.13$2.64$0.55$0.62$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.83$0.12$2.71$0.61$0.59$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.73$0.04$2.69$2.27$0.40$1.87
2020Detailed filing. Detailed filing data is available for this year.$2.78$1.96$0.82$0.37$0.57$0.20
2019Detailed filing. Detailed filing data is available for this year.$2.78$1.76$1.02$0.26$0.35$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.83$1.71$1.11$0.15$0.37$0.22
2017Detailed filing. Detailed filing data is available for this year.$3.07$1.74$1.33$0.41$0.45$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.19$1.78$1.40$0.44$0.46$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.25$1.83$1.42$0.65$0.54$0.11
2013Detailed filing. Detailed filing data is available for this year.$3.34$2.02$1.31$0.63$0.53$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$2.09$1.21$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$2.07$1.31$1.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.45$1.95$1.50$0.90