Civic Intelligence

Stefani'S Children'S Foundation

EIN 36-4084040 • 501(c)3 • Chicago, IL

Profile

The organization runs an annual fundraising event (golf outing) from which net proceeds are donated to qualified charities primarily for the benefit of children

640 N LaSalle Dr Suite 590Chicago, IL 60654

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

2nd percentile

-4048%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

23rd percentile

-35%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-81%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$71,781

Down $38,057 (-35%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$71,781

Down $38,057 (-35%) from 2021

Revenue

Down

$1,002

Down $4,252 (-81%) from 2021

Expenses

Up

$41,559

Up $2,677 (+6.9%) from 2021

Net Income

Down

-$40,557

Down $6,929 (-21%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $91,067Liabilities 2010: $0Net Assets 2010: $91,0672010Assets 2011: $93,985Liabilities 2011: $0Net Assets 2011: $93,9852011Assets 2014: $78,793Liabilities 2014: $0Net Assets 2014: $78,7932014Assets 2015: $101,140Liabilities 2015: $0Net Assets 2015: $101,1402015Assets 2016: $135,770Liabilities 2016: $0Net Assets 2016: $135,7702016Assets 2017: $188,574Liabilities 2017: $0Net Assets 2017: $188,5742017Assets 2018: $247,497Liabilities 2018: $0Net Assets 2018: $247,4972018Assets 2019: $291,708Liabilities 2019: $0Net Assets 2019: $291,7082019Assets 2020: $143,466Liabilities 2020: $0Net Assets 2020: $143,4662020Assets 2021: $109,838Liabilities 2021: $0Net Assets 2021: $109,8382021Assets 2022: $71,781Liabilities 2022: $0Net Assets 2022: $71,7812022

Highlighted filing

2022

Assets$71,781
Liabilities$0
Net Assets$71,781

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $118,788Expenses 2010: $87,853Net Income 2010: $30,9352010Revenue 2011: $123,213Expenses 2011: $120,295Net Income 2011: $2,9182011Revenue 2014: $117,490Expenses 2014: $89,314Net Income 2014: $28,1762014Revenue 2015: $81,052Expenses 2015: $58,705Net Income 2015: $22,3472015Revenue 2016: $117,318Expenses 2016: $82,688Net Income 2016: $34,6302016Revenue 2017: $125,063Expenses 2017: $72,259Net Income 2017: $52,8042017Revenue 2018: $121,129Expenses 2018: $62,206Net Income 2018: $58,9232018Revenue 2019: $120,337Expenses 2019: $76,126Net Income 2019: $44,2112019Revenue 2020: $12,083Expenses 2020: $160,325Net Income 2020: -$148,2422020Revenue 2021: $5,254Expenses 2021: $38,882Net Income 2021: -$33,6282021Revenue 2022: $1,002Expenses 2022: $41,559Net Income 2022: -$40,5572022

Highlighted filing

2022

Revenue$1,002
Expenses$41,559
Net Income-$40,557

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.01$0.42$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$0.05$0.39$0.34
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$0.12$1.60$1.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.00$2.92$1.20$0.76$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.00$2.47$1.21$0.62$0.59
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.00$1.89$1.25$0.72$0.53
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.00$1.36$1.17$0.83$0.35
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.81$0.59$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.17$0.89$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$1.23$1.20$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$1.19$0.88$0.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$1,002
Mission and Program Overview

Mission

The organization runs an annual fundraising event (golf outing) from which net proceeds are donated to qualified charities primarily for the benefit of children.

The organization sponsors a charity golf outing which net proceeds are donated to charities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$109,838$71,781▼ $38,057
Cash and Non-Interest-Bearing Accounts$99,301$61,242▼ $38,059
Savings and Temporary Cash Investments$10,537$10,539▲ $2
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$109,838$71,781▼ $38,057
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$109,838$71,781▼ $38,057
Total Liabilities and Net Assets / Fund Balance$109,838$71,781▼ $38,057
Compensation and Service Providers

Board Members and Trustees

NameTitle
Phil StefaniPresident
Steven HartensteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$-40,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$34,289
Other Expenses$7,270
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$34,289--$34,289
Office Expenses-$255-$255
Other Expenses$7,000$15-$15
Total Functional Expenses$41,289$270$0$41,559
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Clinton FoundationLittle Rock, AR501(c)(3)General Donation$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2:

Steven hartenstein has a business relationship with phil stefani.

Form 990, Part VI, Section A, Line 3:

All officers and directors are employed and paid by stefani management services. No compensation is allocated to the services performed for the stefani's children's foundation.

Form 990, Part VI, Section B, Line 11:

A copy of form 990 is provided to the governing body for review and approval before filing.

Form 990, Part VI, Section C, Line 19:

The bylaws and financial statements are not made available to the public but are available upon request.

Filing and Contact Details

Filer

Filer Name
Stefani's Children's Foundation
EIN
36-4084040
In Care Of
% PHIL STEFANI
Phone
3122759000
Address
640 N LaSalle Dr Suite 590, Chicago, IL 60654

Signing Officer

Name
Phil Stefani
Title
President
Phone
3122759000
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Stefani
Formed
1988
Legal Domicile
Il
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Bdo USA
Address
330 N Wabash Suite 3200, CHICAGO, IL 60611
Preparer
Steven I Weiner
Phone
3128569100
Supplemental Narrative

Additional Explanations

Form 990 Part XI, Line 9:

2021 Donation Write-Off: $2,500

Raw XML AppendixShowing 400 of 408 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0260500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02691
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02691
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02772
IRS990ScheduleA/InvestmentIncomeCYPct00.01053
IRS990ScheduleA/InvestmentIncomePYPct00.00674
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98947
IRS990ScheduleA/PublicSupportPY509Pct00.99326
IRS990ScheduleA/PublicSupportTotal509Amt0260500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt012075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0122034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0120141
IRS990ScheduleA/Total509Grp/TotalAmt0260500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01002
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt012083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0124725
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0120208
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0263272
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Donation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Clinton Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0311580204
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01200 Pres Clinton Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Little Rock
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd072201
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT MONITOR THE USE OF GRANT FUNDS PROVIDED IN PART II.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STEVEN HARTENSTEIN HAS A BUSINESS RELATIONSHIP WITH PHIL STEFANI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OFFICERS AND DIRECTORS ARE EMPLOYED AND PAID BY STEFANI MANAGEMENT SERVICES. NO COMPENSATION IS ALLOCATED TO THE SERVICES PERFORMED FOR THE STEFANI'S CHILDREN'S FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BYLAWS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC BUT ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt42021 Donation Write-Off: $2,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 3:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 Part XI, Line 9:
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0109838
IRS990/TotalAssetsEOYAmt071781
IRS990/TotalAssetsGrp/BOYAmt0109838
IRS990/TotalAssetsGrp/EOYAmt071781
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0270
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041289
IRS990/TotalFunctionalExpensesGrp/TotalAmt041559
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0109838
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt071781
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt041289
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01002
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0109838
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071781
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0640 N LaSalle Dr Ste 590
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060654
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHIL STEFANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03122759000
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Stefani's Children's Foundation
ReturnHeader/Filer/BusinessNameControlTxt0STEF
ReturnHeader/Filer/EIN0364084040
ReturnHeader/Filer/InCareOfNm0% PHIL STEFANI
ReturnHeader/Filer/PhoneNum03122759000
ReturnHeader/Filer/USAddress/AddressLine1Txt0640 N LaSalle Dr Suite 590
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060654
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BDO USA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0330 N Wabash Suite 3200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03128569100

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