Civic Intelligence

Stefani'S Children'S Foundation

990 • Fiscal year 2019 • EIN 36-4084040

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

1033 W Van Buren St - 5th FloorChicago, IL 60607

(312) 275-9000

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

87th percentile

37%

Higher net margin than 87% 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

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

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

Revenue Growth

47th percentile

-0.7%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Up

$291,708

Up $44,211 (+18%) from 2018

Net Assets

Up

$291,708

Up $44,211 (+18%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$120,337

Down $792 (-0.7%) from 2018

Expenses

Up

$76,126

Up $13,920 (+22%) from 2018

Net Income

Down

$44,211

Down $14,712 (-25%) from 2018

Historical Trend

Balance Sheet Trend

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

$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

2019

Assets$291,708
Liabilities$0
Net Assets$291,708

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$120,337
Expenses$76,126
Net Income$44,211
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$240,296
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$247,497$291,708▲ $44,211
Receivable From Disqualified Prsn$80,000$252,631▲ $172,631
Savings and Temporary Cash Investments$130,464$25,525▼ $104,939
Cash and Non-Interest-Bearing Accounts$37,033$13,552▼ $23,481
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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$247,497$291,708▲ $44,211
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$247,497$291,708▲ $44,211
Total Liabilities and Net Assets / Fund Balance$247,497$291,708▲ $44,211
Compensation and Service Providers

Board Members and Trustees

NameTitle
Phil StefaniPresident
Claudio UlivieriSecretary
Steven HartensteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$122,034
Program Service Revenue
$0
Investment Income
$2,691
Other Revenue
$-4,388
Change in Net Assets
$44,211

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table57$30,191Fair Market Value
Total Noncash Contributions57$30,191-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,677
Other Expenses$13,449
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,677--$62,677
Advertising$10,815--$10,815
Office Expenses-$1,898-$1,898
Other Expenses-$621-$621
Total Functional Expenses$73,492$2,634$0$76,126
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Patrick High SchoolChicago, IL501(c)(3)Support Education$20,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$119,959
Fundraising Gross Income$115,571
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$237,604$115,570$11,465$104,105
Total Events$237,604$115,570$119,959$-4,389
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
Receivables from Disqualified Persons$80,000$252,631▲ $172,631
Loans from Officers, Directors, Trustees, and Key Employees$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:

Claudio Ulivieri and Steven Hartenstein have 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
1033 W Van Buren St - 5th Floor, Chicago, IL 60607

Signing Officer

Name
Phil Stefani
Title
President
Phone
3122759000
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Stefani
Formed
1988
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA Llp
Address
9500 Bryn Mawr Ave Suite 300, Rosemont, IL 60018
Preparer
Richard Hanson
Phone
8476762000
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02691
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0115571
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0113982
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt085982
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt065862
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt083956
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0465353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02691
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02824
IRS990ScheduleA/InvestmentIncomeCYPct00.00261
IRS990ScheduleA/InvestmentIncomePYPct00.00018
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99739
IRS990ScheduleA/PublicSupportPY509Pct00.99982
IRS990ScheduleA/PublicSupportTotal509Amt01077576
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0237605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0234123
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0235915
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0193516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0176417
IRS990ScheduleA/Total509Grp/TotalAmt01077576
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0240296
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0234190
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0235925
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0193530
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0176459
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01080400
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0122034
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0122034
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0119959
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Outing
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt050944
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt050944
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0237604
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0237604
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0115570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0115570
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4389
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt022800
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt022800
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011465
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011465
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt034750
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt034750
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support Education
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0St Patrick High School
IRS990ScheduleI/RecipientTable/RecipientEIN0362210019
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05900 W Belmont Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060634
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT MONITOR THE USE OF GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART 1, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1252631
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0General Opererations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1General Opererations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0125000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Phil Stefani
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Phil Stefani
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President and 100% owner of Stefani Management Services
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1President and 100% owner of Stefani Management Services
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt0252631
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt057
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0DONATIONS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt030191
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Claudio Ulivieri and Steven Hartenstein have 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/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:
IRS990/SchoolOperatingInd0false
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/TotalAssetsBOYAmt0247497
IRS990/TotalAssetsEOYAmt0291708

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