Civic Intelligence

Ariel Education Initiative

990 • Fiscal year 2020 • EIN 36-4093845

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

200 E Randolph St No 2900Chicago, IL 60601

(312) 726-0140

Siviq Scores

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

Liabilities / Assets

36th percentile

0.04x

Higher debt load relative to assets than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

26th percentile

-7.1%

Higher net margin than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

4th percentile

-23%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$369,480

Down $112,551 (-23%) from 2019

Net Assets

Down

$356,324

Down $111,359 (-24%) from 2019

Liabilities

Down

$13,156

Down $1,192 (-8.3%) from 2019

Revenue

Down

$1,054,930

Down $214,380 (-17%) from 2019

Expenses

Up

$1,129,856

Up $69,084 (+6.5%) from 2019

Net Income

Down

-$74,926

Down $283,464 (-136%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $560,131Liabilities 2010: $20,924Net Assets 2010: $539,2072010Assets 2012: $394,349Liabilities 2012: $90,777Net Assets 2012: $303,5722012Assets 2013: $405,790Liabilities 2013: $94,253Net Assets 2013: $311,5372013Assets 2014: $507,863Liabilities 2014: $77,422Net Assets 2014: $430,4412014Assets 2015: $460,969Liabilities 2015: $114,299Net Assets 2015: $346,6702015Assets 2016: $488,441Liabilities 2016: $102,069Net Assets 2016: $386,3722016Assets 2017: $572,841Liabilities 2017: $72,721Net Assets 2017: $500,1202017Assets 2018: $392,831Liabilities 2018: $96,609Net Assets 2018: $296,2222018Assets 2019: $482,031Liabilities 2019: $14,348Net Assets 2019: $467,6832019Assets 2020: $369,480Liabilities 2020: $13,156Net Assets 2020: $356,3242020Assets 2021: $566,607Liabilities 2021: $7,534Net Assets 2021: $559,0732021Assets 2022: $549,547Liabilities 2022: $7,534Net Assets 2022: $542,0132022Assets 2023: $529,367Liabilities 2023: $1,769Net Assets 2023: $527,5982023Assets 2024: $496,206Liabilities 2024: $1,811Net Assets 2024: $494,3952024Assets 2025: $870,921Liabilities 2025: $6,769Net Assets 2025: $864,1522025

Highlighted filing

2020

Assets$369,480
Liabilities$13,156
Net Assets$356,324

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $856,6882010Expenses 2012: $680,5602012Expenses 2013: $657,3872013Revenue 2014: $680,695Expenses 2014: $605,067Net Income 2014: $75,6282014Revenue 2015: $551,264Expenses 2015: $621,240Net Income 2015: -$69,9762015Revenue 2016: $711,892Expenses 2016: $618,548Net Income 2016: $93,3442016Revenue 2017: $858,268Expenses 2017: $779,826Net Income 2017: $78,4422017Revenue 2018: $1,169,577Expenses 2018: $1,368,815Net Income 2018: -$199,2382018Revenue 2019: $1,269,310Expenses 2019: $1,060,772Net Income 2019: $208,5382019Revenue 2020: $1,054,930Expenses 2020: $1,129,856Net Income 2020: -$74,9262020Revenue 2021: $666,267Expenses 2021: $580,592Net Income 2021: $85,6752021Revenue 2022: $570,673Expenses 2022: $495,534Net Income 2022: $75,1392022Revenue 2023: $639,704Expenses 2023: $646,955Net Income 2023: -$7,2512023Revenue 2024: $389,587Expenses 2024: $419,172Net Income 2024: -$29,5852024Revenue 2025: $706,659Expenses 2025: $425,599Net Income 2025: $281,0602025

Highlighted filing

2020

Revenue$1,054,930
Expenses$1,129,856
Net Income-$74,926
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$1,054,930
Mission and Program Overview

Mission

To strengthen communities by creating a national model based on innovative education and to introduce a dialogue of saving and investing at the dinner table of every african-american family.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$256,686$232,510▼ $24,176
Cash and Non-Interest-Bearing Accounts$210,677$131,524▼ $79,153
Prepaid Expenses and Deferred Charges$13,333$5,297▼ $8,036
Land, Buildings, and Equipment, Net$1,335$149▼ $1,186
Total Assets$482,031$369,480▼ $112,551
Liabilities
Accounts Payable and Accrued Expenses$14,348$13,156▼ $1,192
Total Liabilities$14,348$13,156▼ $1,192
Net Assets / Fund Balance
Net Assets With Donor Restrictions$656,118$178,178▼ $477,940
Net Assets Without Donor Restrictions$-188,435$178,146▲ $366,581
Total Net Assets Fund Balance$467,683$356,324▼ $111,359
Total Liabilities and Net Assets / Fund Balance$482,031$369,480▼ $112,551

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$50,507$50,507
Other Land Buildings$149$30,069$30,218
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mellody HobsonBoard Member
Auyana OrrExecutive Director
Sarah DuncanSecretary
John W Rogers JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,041,955
Program Service Revenue
$0
Investment Income
$12,975
Other Revenue
$0
All Other Contributions
$1,041,955
Change in Net Assets
$-74,926

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,054,930
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,785
Total Revenue per Audited Statements
$1,052,145
Total Revenue per Form 990
$1,054,930
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$610,251
Salaries, Compensation, and Employee Benefits$519,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$466,526--$466,526
Other Salaries and Wages$362,010--$362,010
Other Employee Benefits$71,950$8,167-$80,117
Payroll Taxes$73,622$181-$73,803
Fees for Services Other$42,804$4,162-$46,966
Insurance$33,179--$33,179
Other Expenses$31,421--$31,421
Fees for Services Accounting-$20,500-$20,500
Travel$10,472--$10,472
Pension Plan Contributions-$3,675-$3,675
Depreciation Depletion-$1,187-$1,187
Total Functional Expenses$1,091,984$37,872$0$1,129,856

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,163,504
Expenses per Audited Statements$1,129,856
Total Expenses per Form 990$1,129,856
Expenses Not Reported on Form 990$33,648
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
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
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The board of directors are presented with a copy of the final draft of form 990. The board reviews the form 990 prior to its filing.

Form 990, Part VI, Section B, Line 12C

The board of directors are required on an annual basis to affirm their understanding and compliance with the conflict of interest policy in the form of an annual statement. No conflict of interest has arisen to date, therefore no enforcement has been needed. All interested parties self-monitor throughout the year. If a conflict is identified, then the interested person is required to disclose the conflict immediately.

Form 990, Part VI, Section C, Line 19

Documents are maintained on file for public review on site at the organization's office.

Filing and Contact Details

Filer

Filer Name
Ariel Education Initiative
EIN
36-4093845
Phone
3127260140
Address
200 E RANDOLPH ST NO 2900, CHICAGO, IL 60601

Signing Officer

Name
Auyana Orr
Title
Executive Director
Phone
3127260140
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Auyana Orr
Formed
1996
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
11
Volunteers
0

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N CITYFRONT PLAZA DR SUITE 1500, CHICAGO, IL 60611
Preparer
Thomas E Pierce
Phone
3126707444
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the code) and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. In addition, the internal revenue service (irs) has determined that the organization is not a private foundation within the meaning of section 509(a) of the code. The organization has not reported any income subject to unrelated business income tax and thus has not been required to file exempt organization business income tax return (form 990t) with the irs.

Raw XML Appendix363 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/TotalSupportAmt04995228
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/DonatedServicesAndUseFcltsAmt033648
IRS990ScheduleD/DonatedServicesUseFcltsAmt033648
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050507
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050507
IRS990ScheduleD/ExpensesNotReportedAmt033648
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01129856
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-36433
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0149
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030069
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030218
IRS990ScheduleD/RevenueNotReportedAmt0-2785
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01054930
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE ORGANIZATION HAS NOT REPORTED ANY INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX AND THUS HAS NOT BEEN REQUIRED TO FILE EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149
IRS990ScheduleD/TotalExpensesPerForm990Amt01129856
IRS990ScheduleD/TotalRevenuePerForm990Amt01054930
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01052145
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01163504
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS ARE PRESENTED WITH A COPY OF THE FINAL DRAFT OF FORM 990. THE BOARD REVIEWS THE FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE REQUIRED ON AN ANNUAL BASIS TO AFFIRM THEIR UNDERSTANDING AND COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IN THE FORM OF AN ANNUAL STATEMENT. NO CONFLICT OF INTEREST HAS ARISEN TO DATE, THEREFORE NO ENFORCEMENT HAS BEEN NEEDED. ALL INTERESTED PARTIES SELF-MONITOR THROUGHOUT THE YEAR. IF A CONFLICT IS IDENTIFIED, THEN THE INTERESTED PERSON IS REQUIRED TO DISCLOSE THE CONFLICT IMMEDIATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MAINTAINED ON FILE FOR PUBLIC REVIEW ON SITE AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0482031
IRS990/TotalAssetsEOYAmt0369480
IRS990/TotalAssetsGrp/BOYAmt0482031
IRS990/TotalAssetsGrp/EOYAmt0369480
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01041955
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037872
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01091984
IRS990/TotalFunctionalExpensesGrp/TotalAmt01129856
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014348
IRS990/TotalLiabilitiesEOYAmt013156
IRS990/TotalLiabilitiesGrp/BOYAmt014348
IRS990/TotalLiabilitiesGrp/EOYAmt013156
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0467683
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0356324
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt093671
IRS990/TotalProgramServiceExpensesAmt01091984
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt012975
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01054930
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0482031
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0369480
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt010472
IRS990/TravelGrp/TotalAmt010472
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 E RANDOLPH ST NO 2900
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060601
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.ARIELINVESTMENTS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AUYANA ORR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03127260140
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARIEL EDUCATION INITIATIVE
ReturnHeader/Filer/BusinessNameControlTxt0ARIE
ReturnHeader/Filer/EIN0364093845
ReturnHeader/Filer/PhoneNum03127260140
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 E RANDOLPH ST NO 2900
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362938874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OSTROW REISIN BERK & ABRAMS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 N CITYFRONT PLAZA DR SUITE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03126707444
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS E PIERCE
ReturnHeader/ReturnTs02021-05-17T14:26:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.87$0.01$0.86$0.71$0.43$0.28
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.49$0.39$0.42$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.64$0.65$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.54$0.57$0.50$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.56$0.67$0.58$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.36$1.05$1.13$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$1.27$1.06$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.10$0.30$1.17$1.37$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.07$0.50$0.86$0.78$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.10$0.39$0.71$0.62$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.11$0.35$0.55$0.62$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.08$0.43$0.68$0.61$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.09$0.31$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.09$0.30$0.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.02$0.54$0.86