Civic Intelligence

Oak Park-River Forest Community Foundation

990 • Fiscal year 2015 • EIN 36-4150724

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

1049 LAKE STREET No 204Oak Park, IL 60301

(708) 848-1560

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

4th percentile

0.01x

Higher debt load relative to revenue than 4% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

15th percentile

$121,198

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$28,835,797

No earlier filing loaded for comparison.

Net Assets

$28,800,166

No earlier filing loaded for comparison.

Liabilities

$35,631

No earlier filing loaded for comparison.

Revenue

$5,774,477

No earlier filing loaded for comparison.

Expenses

$2,755,758

No earlier filing loaded for comparison.

Net Income

$3,018,719

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2015: $28,835,797Liabilities 2015: $35,631Net Assets 2015: $28,800,1662015Assets 2016: $33,610,116Liabilities 2016: $33,310Net Assets 2016: $33,576,8062016Assets 2017: $37,874,051Liabilities 2017: $71,321Net Assets 2017: $37,802,7302017Assets 2018: $35,869,852Liabilities 2018: $61,670Net Assets 2018: $35,808,1822018Assets 2019: $42,491,684Liabilities 2019: $67,048Net Assets 2019: $42,424,6362019Assets 2021: $52,419,162Liabilities 2021: $57,917Net Assets 2021: $52,361,2452021Assets 2022: $45,848,497Liabilities 2022: $166,118Net Assets 2022: $45,682,3792022Assets 2023: $49,948,656Liabilities 2023: $328,465Net Assets 2023: $49,620,1912023Assets 2024: $55,643,298Liabilities 2024: $270,937Net Assets 2024: $55,372,3612024

Highlighted filing

2015

Assets$28,835,797
Liabilities$35,631
Net Assets$28,800,166

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $5,774,477Expenses 2015: $2,755,758Net Income 2015: $3,018,7192015Revenue 2016: $8,273,419Expenses 2016: $4,235,315Net Income 2016: $4,038,1042016Revenue 2017: $5,153,824Expenses 2017: $4,361,121Net Income 2017: $792,7032017Revenue 2018: $5,900,757Expenses 2018: $4,088,198Net Income 2018: $1,812,5592018Revenue 2019: $5,461,015Expenses 2019: $3,879,272Net Income 2019: $1,581,7432019Revenue 2021: $12,623,010Expenses 2021: $3,979,881Net Income 2021: $8,643,1292021Revenue 2022: $6,349,877Expenses 2022: $4,357,068Net Income 2022: $1,992,8092022Revenue 2023: $4,998,949Expenses 2023: $5,450,525Net Income 2023: -$451,5762023Revenue 2024: $6,119,259Expenses 2024: $4,631,019Net Income 2024: $1,488,2402024

Highlighted filing

2015

Revenue$5,774,477
Expenses$2,755,758
Net Income$3,018,719
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$28,129,911
Mission and Program Overview

Mission

STRENGTHENING THE COMMUNITY THROUGH PHILANTHROPY BY ADDRESSING COMMUNITY PRIORITIES AND INTERESTS, MAKING RESPONSIVE AND INFORMED GRANTS, BEING PRUDENT AND ACCOUNTABLE MANAGERS OF FUNDS, AND STIMULATING AND FACILITATING INDIVIDUAL PHILANTHROPY locally, regionally and nationally.

Strengthening the community through philanthropy by addressing community priorities and interests, making responsive and informed grants, being prudent and accountable managers of funds, and stimulating and facilitating individual philanthropy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$25,339,492$26,596,794▲ $1,257,302
Savings and Temporary Cash Investments$1,445,101$2,020,026▲ $574,925
Pledges and Grants Receivable$65,319$201,530▲ $136,211
Land, Buildings, and Equipment, Net$23,002$10,333▼ $12,669
Prepaid Expenses and Deferred Charges$9,624$7,114▼ $2,510
Total Assets$26,882,538$28,835,797▲ $1,953,259
Liabilities
Accounts Payable and Accrued Expenses$4,491$35,631▲ $31,140
Total Liabilities$4,491$35,631▲ $31,140
Net Assets / Fund Balance
Temporarily Rstr Net Assets$13,843,374$14,761,897▲ $918,523
Permanently Rstr Net Assets$12,898,501$13,913,532▲ $1,015,031
Unrestricted Net Assets$136,172$124,737▼ $11,435
Total Net Assets Fund Balance$26,878,047$28,800,166▲ $1,922,119
Total Liabilities and Net Assets / Fund Balance$26,882,538$28,835,797▲ $1,953,259

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,333$58,228$68,561
Leasehold Improvements$0$2,580$2,580

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$16,169,924$968,031▲ $2,149-$16,219,725
2014$17,176,775$169,644▲ $312,570-$16,169,924
2013$14,741,505$1,053,715▲ $2,139,141-$17,176,775
2012$13,412,990$519,949▲ $1,510,974-$14,741,505
2011$9,151,535$5,011,090▼ $45,944-$13,412,990
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristin VogenPresident and CEOFT$121,198$121,198

Board Members and Trustees

NameTitle
Clare GollaChair
Sheila PriceImmediate Past Chair
Stacey WilliamsVice Chair
Annese PiazzaDirector
Barbara WatkinsDirector
Brian PlainDirector
Cuyler BrownDirector
Eric WeinheimerDirector
John HedgesDirector
John HouscalDirector
Kip MeyerDirector
Marcia PrestonDirector
Mary Jo SchulerDirector
Matt GroteDirector
Michele DonleyDirector
Michelle VanderlaanDirector
Phillip JimenezDirector
Susan ContiDirector
Case HoogendoornCounsel
Donna MyersSecretary
Janet HanleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,658,842
Program Service Revenue
$90,769
Investment Income
$1,024,866
Other Revenue
$0
All Other Contributions
$4,658,842
Change in Net Assets
$3,018,719

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,774,477
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,096,600
Total Revenue per Audited Statements
$4,677,877
Total Revenue per Form 990
$5,774,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,800,586
Salaries, Compensation, and Employee Benefits$537,848
Other Expenses$417,324
Total Fundraising Expense$139,374
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$937,280--$937,280
Grants to Domestic Orgs$863,306--$863,306
Other Salaries and Wages$233,746$33,384$59,207$326,337
Current Officers, Directors, Trustees, and Key Employees$30,300$60,598$30,300$121,198
Fees for Service Investment Mgmnt Fees$108,958--$108,958
Advertising$63,577--$63,577
Occupancy$28,674$13,968$9,720$52,362
Other Employee Benefits$29,793$10,311$10,054$50,158
Payroll Taxes$22,385$7,967$7,588$37,940
Fees for Services Other-$28,526-$28,526
Depreciation Depletion-$13,173-$13,173
All Other Expenses-$11,262-$11,262
Office Expenses-$8,533-$8,533
Other Expenses$8,046$50,326$22,084$8,046
Information Technology-$6,647-$6,647
Insurance-$4,055-$4,055
Conferences and Meetings-$2,343-$2,343
Pension Plan Contributions$1,107$687$421$2,215
Total Functional Expenses$2,364,604$251,780$139,374$2,755,758

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,755,758
Total Expenses per Audited Statements$2,755,758
Total Expenses per Form 990$2,755,758
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
THRIVE Counseling CenterOak Park, IL501 c 3Unrestricted Support$80,598
Seven Generations AheadOak Park, IL501 c 3Unrestricted Support$70,837
Animal Care LeagueOak Park, IL501 c 3Building Alarm System - $15,000; UNRESTRICTED SUPPORT - $49,964$64,964
depaul universitychicago, IL501 c 3Endowed Scholarship in the Sciences$50,000
The Oak Park Regional Housing CenterOak Park, IL501 c 3Unrestricted Support$32,115
Park District of Oak ParkOak Park, IL501 c 3Austin Gardens Improvement Project$25,386
Dominican UniversityRiver Forest, IL501 c 3Unrestricted Support$25,000
community foundation of collier countynaples, FL501 c 3Transfer of assets$22,400
Housing ForwardMaywood, IL501 c 3Job Readiness Program/PREVAIL - $8,000; Food & Shelter - $750; UNRESTRICTED$21,996
oak park public libraryoak park, IL501 c 3Unrestricted Support$20,556
Oak Park Festival TheatreOak Park, IL501 c 3Performances - $6,000; UNRESTRICTED SUPPORT - $11,246$17,246
ef educational tourscambridge, MA501 c 3scholarships$16,550
Sarah's Inn 309Oak Park, IL501 c 3Unrestricted Support$16,334
United Way of DuPageWest CookOak Brook, IL501 c 3Live United 2020 campaign$14,892
Oak Park & River Forest Food PantryOak Park, IL501 c 3Nutrition Education Program - $3,000; UNRESTRICTED SUPPORT - $10,000$13,000
The Children's ClinicOak Park, IL501 c 3Outpatient Clinic (dental) - $4,700; UNRESTRICTED SUPPORT - $8,035$12,735
Hephzibah Children's AssociationOak Park, IL501 c 3Huskies Rodeo - $1,900; Head Start Program - $3,228; UNRESTRICTED SUPPORT -$12,628
Friends of the Oak Park ConservatoryOak Park, IL501 c 3Unrestricted Support$11,606
ParenthesisOak Park, IL501 c 3Parenteen Program - $3,300; UNRESTRICTED SUPPORT - $7,500$10,800
West Cook YMCA IncOak Park, IL501 c 3Single Occupancy Program - $10,000; UNRESTRICTED SUPPORT - $250$10,250
Collaboration for Early Childhood Care and EducationOak Park, IL501 c 3Unrestricted Support$10,000
Loyola UniversityChicago, IL501 c 3Stritch School of Medicine$10,000
new moms incchicago, IL501 c 3Bright Beginnings Program$10,000
opportunity knocksriver Forest, IL501 c 3Peer Lead Program - $4,000; UNRESTRICTED SUPPORT - $5,500$9,500
united way of metro chicagonorthbrook, IL501 c 3Unrestricted Support$8,500
Oak Park Education FoundationOak Park, IL501 c 3VEX Robotics - $4,000; UNRESTRICTED SUPPORT - $4,000$8,000
communityhealthchicago, IL501 c 3Unrestricted Support$8,000
Frank Lloyd Wright TrustOak Park, IL501 c 3Unrestricted Support$7,437
West Suburban Special Recreation AssociationFranklin Park, IL501 c 3Summer Day Camp - $4,000; UNRESTRICTED SUPPORT - $3,187$7,187
wonder works children's museum of oak parkoak park, IL501 c 3Unrestricted Support$6,600
Community of CongregationsOak Park, IL501 c 3Unrestricted Support$6,246
Historical Society of Oak Park & River ForestOak Park, IL501 c 3Unrestricted Support$6,246
Oak Park River Forest Civic TheatreOak Park, IL501 c 3Unrestricted Support$6,246
brookfield zoobrookfield, IL-Unrestricted Support$6,246
Unity Temple Restoration FoundationOak Park, IL501 c 3Unrestricted Support$6,179
st raphael churchnaperville, IL501 c 3Unrestricted Support$6,000
Nineteenth Century Charitable AssociationOak Park, IL501 c 3Unrestricted Support$5,563
accionchicago, IL501 c 3Unrestricted Support$5,000
big brothers big sisters of metro chicagochicago, IL501 c 3Neighborhood Site Based Mentoring Program$5,000
catechesis of the good shepherd incscottsdale, AZ501 c 3Bilingual Formation$5,000
jdrfnew york, IL501 c 3Unrestricted Support$5,000
mujeres latinas en accionchicago, IL501 c 3Unrestricted Support$5,000
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
Backup withholding compliance
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 B, line 11

The 990 is reviewed by the audit committee of the board, prior to submission.

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

On an annual basis, members of the foundation's board of directors complete a statement regarding any possible conflicts of interest.

Form 990, Part VI, Section C, line 19

The organization makes the governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Oak Park-river Forest
EIN
36-4150724
Phone
7088481560
Address
1049 LAKE STREET No 204, OAK PARK, IL 60301

Signing Officer

Name
Kristin Vogen
Title
President & CEO
Phone
7088481560
Signed
2016-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin C Vogen
Formed
1958
Legal Domicile
Il
Voting Board Members
20
Independent Board Members
20
Employees
10
Volunteers
50

Preparer

Firm
Sassetti LLC
Address
6611 North Avenue, Oak Park, IL 60302
Preparer
Jeff Schroeder
Phone
7083861433
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The audit committee is responsible for the selection of auditors and review of the audit results. This process has not changed since the prior year.

Financial Statement Notes

Part IV, Line 1B:

The oak park-river forest community foundation serves as a corporate trustee and administers grant distributions.

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IRS990/Desc0OPRFCF provides a central resource for donors, professional financial advisors, student scholarships and non-profit organizations serving Oak Park and River Forest. For donors, we provide value and expertise in helping them explore and implement giving options. For non-profits serving our residents, we manage endowment funds and provide opportunities to apply for and receive grants. We also manage scholarship programs for several of our fundholders.
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IRS990/Form990PartVIISectionAGrp/PersonNm19SHEILA PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm20KIP MEYER
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IRS990/Form990PartVIISectionAGrp/TitleTxt4COUNSEL
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19IMMEDIATE PAST CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT AND CEO
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IRS990/MissionDesc0STRENGTHENING THE COMMUNITY THROUGH PHILANTHROPY BY ADDRESSING COMMUNITY PRIORITIES AND INTERESTS, MAKING RESPONSIVE AND INFORMED GRANTS, BEING PRUDENT AND ACCOUNTABLE MANAGERS OF FUNDS, AND STIMULATING AND FACILITATING INDIVIDUAL PHILANTHROPY locally, regionally and nationally.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Success of All Youth (SAY) is a community collective impact effort addressing the social & emotional, academic, and health & safety needs of youth from cradle to career. One full time director and one part time communications manager facilitated and supported the work of the initiative. (includes direct salary/benefit and other operations costs)
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Foundation offered 10 Impact Excellence Seminars in 2015 which were attended by 229 participants from 60 local nonprofits. These seminars covered a range of topics including, Funding for Impact, Impact Measurement and Evaluation, Enhancing your Volunteer Program, How to Talk to your Donors about your Endowment and a Board Boot Camp. Furthermore (6) local nonprofits received technical assistance and consulting support in 2015/2016 to address key needs related to measuring the impact of their work. This technical assistance was provided to organizations working in different sectors; and across varying operational contexts including partnerships and mergers. Results of the technical assistance include the development of a clear framework of outcomes and indicators for all participating organizations; and demonstration of the value and impact of program activities which informs program design, marketing, communications and fundraising efforts. (does not include salary/benefit costs)
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt040593
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Future Philanthopist Program provides young people with opportunities to participate in a uniquely-adapted philanthropic experience. Area high school students apply for this two year program which turns juniors into grant makers and seniors into fundraisers. Program expenses cover the cost of meetings and other related costs.
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