Civic Intelligence

Oak Park-River Forest Community Foundation

990 • Fiscal year 2016 • EIN 36-4150724

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 18, 2017

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

4th percentile

0.00x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

4th percentile

0.00x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

93rd percentile

49%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

17th percentile

$129,675

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

83rd percentile

17%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

43%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$33,610,116

Up $4,774,319 (+17%) from 2015

Net Assets

Up

$33,576,806

Up $4,776,640 (+17%) from 2015

Liabilities

Down

$33,310

Down $2,321 (-6.5%) from 2015

Revenue

Up

$8,273,419

Up $2,498,942 (+43%) from 2015

Expenses

Up

$4,235,315

Up $1,479,557 (+54%) from 2015

Net Income

Up

$4,038,104

Up $1,019,385 (+34%) from 2015

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

2016

Assets$33,610,116
Liabilities$33,310
Net Assets$33,576,806

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

2016

Revenue$8,273,419
Expenses$4,235,315
Net Income$4,038,104
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 18, 2017
Return Version
2016v3.0
Gross Receipts
$20,899,912
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$26,596,794$27,473,725▲ $876,931
Savings and Temporary Cash Investments$2,020,026$5,913,526▲ $3,893,500
Pledges and Grants Receivable$201,530$218,665▲ $17,135
Land, Buildings, and Equipment, Net$10,333$0▼ $10,333
Prepaid Expenses and Deferred Charges$7,114$4,200▼ $2,914
Total Assets$28,835,797$33,610,116▲ $4,774,319
Liabilities
Accounts Payable and Accrued Expenses$35,631$33,310▼ $2,321
Total Liabilities$35,631$33,310▼ $2,321
Net Assets / Fund Balance
Temporarily Rstr Net Assets$14,761,897$19,330,680▲ $4,568,783
Permanently Rstr Net Assets$13,913,532$14,160,323▲ $246,791
Unrestricted Net Assets$124,737$85,803▼ $38,934
Total Net Assets Fund Balance$28,800,166$33,576,806▲ $4,776,640
Total Liabilities and Net Assets / Fund Balance$28,835,797$33,610,116▲ $4,774,319

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$68,561$68,561
Leasehold Improvements$0$2,580$2,580

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$16,219,725$195,646▲ $682,342-$16,015,475
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristin VogenPresident and CEOFT$129,675$129,675

Board Members and Trustees

NameTitle
Clare GollaChair
Sheila PriceImmediate Past Chair
Stacey WilliamsVice Chair
Annese PiazzaDirector
Barb Rohm RossaDirector
Cuyler BrownDirector
Donna MyersDirector
Eric WeinheimerDirector
John HedgesDirector
John HousealDirector
Kip MeyerDirector
Marcia PrestonDirector
Michele DonleyDirector
Michelle VanderlaanDirector
Phillip JimenezDirector
Ross FasanoDirector
Susan ContiDirector
Uduak UdofiaDirector
Wendell RayburnDirector
Case HoogendoornCounsel
Barbara WatkinsSecretary
Janet HanleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,223,057
Program Service Revenue
$94,725
Investment Income
$955,637
Other Revenue
$0
All Other Contributions
$7,223,057
Change in Net Assets
$4,038,104

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,273,419
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$738,536
Total Revenue per Audited Statements
$9,011,955
Total Revenue per Form 990
$8,273,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,175,037
Salaries, Compensation, and Employee Benefits$592,960
Other Expenses$467,318
Total Fundraising Expense$289,044
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,194,831--$2,194,831
Grants to Domestic Individuals$980,206--$980,206
Other Salaries and Wages$222,246$62,495$94,913$379,654
Current Officers, Directors, Trustees, and Key Employees$32,419$64,837$32,419$129,675
Advertising$30,835-$92,505$123,340
Fees for Service Investment Mgmnt Fees$92,568-$12,909$105,477
Occupancy$24,900$16,529$12,450$53,879
Payroll Taxes$18,989$9,495$9,495$37,979
Other Employee Benefits$15,027$6,578$8,449$30,054
Fees for Services Other-$23,415-$23,415
Pension Plan Contributions$7,799$4,835$2,964$15,598
Depreciation Depletion-$10,333-$10,333
Other Expenses$42,836$7,085$22,940$7,085
Information Technology-$7,071-$7,071
Insurance-$6,266-$6,266
Office Expenses-$4,868-$4,868
All Other Expenses-$4,726-$4,726
Conferences and Meetings-$565-$565
Total Functional Expenses$3,662,656$283,615$289,044$4,235,315

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,235,315
Total Expenses per Audited Statements$4,235,315
Total Expenses per Form 990$4,235,315
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Breast Cancer Research Foundationnew york, NY501 c 3Ulta 2015 Bcrf Campaign$950,414
Unity Temple Restoration FoundationOak Park, IL501 c 3Unrestricted Support$153,756
THRIVE Counseling CenterOak Park, IL501 c 3CRISIS INTERVENTION - $3,500; SPRING BENEFIT $5,000; UNRESTRICTED SUPPORT -$91,726
Seven Generations AheadOak Park, IL501 c 3Unrestricted Support$73,867
Animal Care LeagueOak Park, IL501 c 3Unrestricted Support$63,011
Ulta Beauty Charitable FoundationBolingbrook, IL501 c 3Unrestricted Support$40,000
Oak Park & River Forest Food PantryOak Park, IL501 c 3BIG IDEA GRANT - $25,000; UNRESTRICTED SUPPORT - $9,630$34,630
Historical Society of Oak Park & River ForestOak Park, IL501 c 3NEW HOME ON LAKE - $25,000; UNRESTRICTED SUPPORT - $6,851.38$31,851
new moms incchicago, IL501 c 3NEW WAX MACHINE - $2,000; PARENTHESIS PROGRAMS - $2,500; UNRESTRICTED SUPPOR$22,500
The Oak Park Regional Housing CenterOak Park, IL501 c 3Unrestricted Support$22,124
Hephzibah Children's AssociationOak Park, IL501 c 3SIBLING CAMP - $1,250; Head Start Program - $3,229; UNRESTRICTED SUPPORT - $$20,979
oak park public libraryoak park, IL501 c 3Unrestricted Support$20,768
Housing ForwardMaywood, IL501 c 3PRESIDENT'S AWARD/CF HONORS 2016 - $9,000; EDUCATION KITS - $250; UNRESTRICT$18,751
West Cook YMCA IncOak Park, IL501 c 3Unrestricted Support$18,250
Oak Park Festival TheatreOak Park, IL501 c 3Performances - $6,000; UNRESTRICTED SUPPORT - $11,251$17,251
The Children's ClinicOak Park, IL501 c 3Outpatient Clinic (dental) - $5,000; UNRESTRICTED SUPPORT - $10,848$15,848
Trinity Christian SchoolShorewood, IL501 c 3Scholarship Fund$14,841
Sarah's Inn 309Oak Park, IL501 c 3YOUTH COMMITTEE - $2,400; UNRESTRICTED SUPPORT - $12,341$14,741
Oak Park Area Arts CouncilOak Park, IL501 c 3JOEY'S GIFTS ARTISTS$14,137
United Way of DuPageWest CookOak Brook, IL501 c 3Unrestricted Support$12,717
Friends of the Oak Park ConservatoryOak Park, IL501 c 3Unrestricted Support$11,043
Collaboration for Early Childhood Care and EducationOak Park, IL501 c 3CF HONORS 2016 - $1,00; UNRESTRICTED SUPPORT - $8,000$9,000
united way of metro chicagonorthbrook, IL501 c 3Unrestricted Support$8,500
Frank Lloyd Wright TrustOak Park, IL501 c 3Unrestricted Support$7,523
Oak Park River Forest Civic TheatreOak Park, IL501 c 3Unrestricted Support$6,658
Community of CongregationsOak Park, IL501 c 3HOLIDAY FOOD & GIFT BASKET - $250; UNRESTRICTED SUPPORT - $6,251.31$6,501
brookfield zoobrookfield, IL501 c 3Unrestricted Support$6,251
Pcc Community Wellness CenterOak Park, IL501 c 3Unrestricted Support$6,000
accionchicago, IL501 c 3Unrestricted Support$6,000
communityhealthchicago, IL501 c 3Unrestricted Support$6,000
Oak Park Art LeagueOak Park, IL501 c 3Unrestricted Support$5,500
ParenthesisOak Park, IL501 c 3Parenteen Program - $3,000; CHICAGO PARENT TRAINING - $2,000; UNRESTRICTED S$5,116
Elevate Energychicago, IL501 c 3COMMUNITY WORKS: PLANT IT GREEN$5,000
Northwestern Memorial FoundationChicago, IL501 c 3Northwestern Brain Tumor Institute$5,000
Pro Bono NetworkOak Park, IL501 c 3Unrestricted Support$5,000
Providing Instruments for the Next GenerationOak Park, IL501 c 3Unrestricted Support$5,000
Splash InternationalSeattle, WA501 c 3Nepal Water Filtration$5,000
big brothers big sisters of metro chicagochicago, IL501 c 3Unrestricted Support$5,000
jdrfnew york, IL501 c 3Bike to Ride Fundraiser$5,000
mujeres latinas en accionchicago, IL501 c 3Unrestricted Support$5,000
Oak Park Education FoundationOak Park, IL501 c 3Unrestricted Support$4,750
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 11B

The 990 is reviewed by the audit and executive committees of the board, with availability for all board members to review, 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 C Vogen
Title
President & CEO
Phone
7088481560
Signed
2017-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin C Vogen
Formed
1958
Legal Domicile
Il
Voting Board Members
21
Independent Board Members
21
Employees
12
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/ActivityOrMissionDesc0STRENGTHENING 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.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4COUNSEL
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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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 youth board faciliator supported the work of the initiative. (includes direct salary/benefit and other operations costs)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0185189
IRS990/ProgSrvcAccomActy3Grp/Desc0The Foundation offered 10 Impact Excellence sessions in 2016 which were attended by 513 participants from 80 local nonprofits. This included seminars which covered a range of topics including, Volunteer Recruitment and Retention; Workplace Diversity and Cultural Competency; Measuring and Communicating your Impact; Managing your Social Media; PRIs and other impact investments; Scaling up Impact; and Talent Retention. Two Board Boot Camps were held in 2016; one targeted for Board members with up to 3 years of nonprofit Board experience and an advanced Board Camp for Board members with more than 3 years of nonprofit Board experience. Additionally, The Foundation, in partnership with local nonprofits conducted a volunteer recruitment event which was attended by 40 nonprofits and over 270 potential volunteers. Furthermore, six local nonprofits continued to receive technical assistance and consulting support in 2015/2016 to address key needs related to measuring the impact of their work.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt045162
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Leadership Lab is a community leadership program providing participants the opportunity to learn about our community, think about their effect in our community and develop a personal plan for making a difference. Community panels, speakers and small group field work are used throughout the eight month program. One part-time coordinator manages the program.Future 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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